<SEC-DOCUMENT>0001104659-21-016819.txt : 20210210
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<ACCEPTANCE-DATETIME>20210209182531
ACCESSION NUMBER:		0001104659-21-016819
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		16
CONFORMED PERIOD OF REPORT:	20210209
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:		20210210
DATE AS OF CHANGE:		20210209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SCHWEITZER MAUDUIT INTERNATIONAL INC
		CENTRAL INDEX KEY:			0001000623
		STANDARD INDUSTRIAL CLASSIFICATION:	PAPER MILLS [2621]
		IRS NUMBER:				621612879
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13948
		FILM NUMBER:		21608353

	BUSINESS ADDRESS:	
		STREET 1:		100 NORTH POINT CENTER EAST
		STREET 2:		SUITE 600
		CITY:			ALPHARETTA
		STATE:			GA
		ZIP:			30022-8246
		BUSINESS PHONE:		8005140186

	MAIL ADDRESS:	
		STREET 1:		100 NORTH POINT CENTER EAST
		STREET 2:		SUITE 600
		CITY:			ALPHARETTA
		STATE:			GA
		ZIP:			30022-8246
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<p style="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 14pt 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">&#160;</p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</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>Pursuant to Section&#160;13 or 15(d)
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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; 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>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified
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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">(Registrant&#8217;s telephone number, including
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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; text-align: center"><b>Not Applicable</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former name or former address, if
changed since last report)</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">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Wingdings"><span id="xdx_900_edei--WrittenCommunications_c20210209__20210209_zsj5lz6jqjrb"><ix:nonNumeric contextRef="From2021-02-09to2021-02-09" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></span>&#160;&#160;Written
communications pursuant to Rule&#160;425 under the Securities Act. (17 CFR 230.425)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Wingdings"><span id="xdx_908_edei--SolicitingMaterial_c20210209__20210209_zJVFium2SBpl"><ix:nonNumeric contextRef="From2021-02-09to2021-02-09" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></span><span style="font-family: Times New Roman, Times, Serif">&#160;&#160;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act. (17 CFR 240.14a-12)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Times New Roman, Times, Serif">&#160;</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Wingdings"><span id="xdx_90E_edei--PreCommencementTenderOffer_c20210209__20210209_zWU0JYFX9Irj"><ix:nonNumeric contextRef="From2021-02-09to2021-02-09" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span><span style="font-family: Times New Roman, Times, Serif">&#160;&#160;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act. (17 CFR 240.14d-2(b))</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Times New Roman, Times, Serif">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in"><span style="font-family: Wingdings"><span id="xdx_909_edei--PreCommencementIssuerTenderOffer_c20210209__20210209_zGdh4CESHzki"><ix:nonNumeric contextRef="From2021-02-09to2021-02-09" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span><span style="font-family: Times New Roman, Times, Serif">&#160;&#160;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act. (17 CFR 240.13e-4(c))</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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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    <td style="border-bottom: black 1pt solid; width: 15%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><span style="font-size: 10pt"><b>Trading
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    Symbol(s)</b></span></td>
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    <td style="border-bottom: black 1pt solid; width: 46%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><span style="font-size: 10pt"><b>Name
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&#160;</p>

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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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><span style="font-family: Wingdings">&#168;</span><span style="font-size: 10pt">&#160;&#160;If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</span></p>

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

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<tr style="vertical-align: top">
    <td style="width: 76pt"><b>Item 1.01</b></td>
    <td><b>Entry into a Material Definitive Agreement</b></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In connection with the previously disclosed proposed offer to
acquire Scapa Group Plc (the &#8220;Offer&#8221;) to be implemented by way of a scheme of arrangement (the &#8220;Scheme&#8221;)
under Part 26 of the United Kingdom Companies Act 2006, as amended, on February 9, 2021, Schweitzer-Mauduit International, Inc.
(&#8220;SWM&#8221; or the &#8220;Company&#8221;) entered into an amendment (the &#8220;First Amendment&#8221;) to the Company&#8217;s
existing credit agreement, dated as of September 25, 2018 (the &#8220;Existing Credit Agreement&#8221; and, as amended by the First
Amendment, the &#8220;Amended Credit Agreement&#8221;), by and among the Company, certain of its subsidiaries and the lenders party
thereto, to, among other things, add a new Term Loan B facility in the initial aggregate amount of $350.0 million (the &#8220;Term
Loan B Facility&#8221;) and make certain other amendments (primarily to facilitate the making of the Offer). The Company commenced
the syndication of the Term Loan B Facility on February 9, 2021, which is expected to be completed during the week of February 22, 2021. Certain
terms of the Term Loan B Facility are subject to change based on market conditions and the completion of the syndication.</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">The Term Loan B Facility will mature seven years after the closing
date of the First Amendment (the &#8220;Closing Date&#8221;). Borrowings under the Term Loan B Facility will initially bear interest,
at the Company&#8217;s option, at either (i) 4.00% in excess of a reserve adjusted LIBOR rate (subject to a minimum floor of 0.75%)
or (ii) 3.00% in excess of an alternative base rate. The Company will use the proceeds from the Term Loan B Facility, together
with up to $325.0 million of the Company&#8217;s existing $500,000,000 revolving line of credit (the &#8220;Revolving Credit Facility&#8221;)
under the Existing Credit Agreement, to finance the cash consideration payable to Scapa shareholders pursuant to the Offer and
expenses payable in connection with the Offer (including debt refinancing costs) (together the &#8220;Acquisition Costs&#8221;).
The $325.0 million from the Revolving Credit Facility to be used to fund Acquisition Costs is unavailable for the Company to otherwise
draw until the proposed acquisition of Scapa Group Plc is consummated.</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"><span style="font-family: Times New Roman, Times, Serif">Borrowings
under the Term Loan B Facility and the Revolving Credit Facility to fund Acquisition Costs will be subject to customary &#8220;certain
funds&#8221; provisions consistent with the United Kingdom City Code on Takeovers and Mergers. </span>Such provisions apply until
the date that is the earlier of (i) July 27, 2021 (the &#8220;Initial Long Stop Date&#8221;) or, if the Scheme has become effective
or the Takeover Offer (as such term is defined in Part 28 of the United Kingdom Companies Act 2006, as amended) has been closed
for acceptances less than 14 days before the Initial Long Stop Date (and for the avoidance of doubt not after the Initial Long
Stop Date), the date which is 14 days after that date on which the Scheme has become effective or the Takeover Offer has been closed
for acceptances, or (ii) the date on which the Scheme or Offer has lapsed or been terminated or withdrawn.</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">Under the terms of the Amended Credit Agreement, the Company
will continue to be required to maintain certain financial ratios and comply with certain financial covenants. In addition, borrowings
and loans made under the Amended Credit Agreement (including the new Term Loan B Facility) will continue to be secured by substantially
all of the Company&#8217;s and the guarantors&#8217; personal property, excluding certain customary items of collateral, and will
be guaranteed by the Company&#8217;s existing and future wholly-owned material domestic subsidiaries and by SWM Luxembourg.</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">The Company will pay certain customary fees and expenses as
described in the First Amendment.</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">The terms of the Existing Credit Agreement are more fully described
in the Company&#8217; Current Report on Form 8-K filed with the Securities and Exchange Commission (the &#8220;SEC&#8221;) on September
25, 2018. The terms of the Offer are more fully described in the Company&#8217;s Current Report on Form 8-K filed with the SEC
on January 27, 2021.</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">The foregoing summary of the First Amendment does not purport
to be complete and is subject to, and qualified in its entirety by, the text of the First Amendment (including the Amended Credit
Agreement), which is attached hereto as Exhibit 10.1, and which is incorporated by reference herein.</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: 76pt"><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"><span style="font-family: Times New Roman, Times, Serif">On
February 9, 2021, the Company entered into the </span>First Amendment (as described under Item 1.01 above). The description of
the First Amendment and the full text of the First Amendment (including the Amended Credit Agreement), which is attached as Exhibit
10.1 hereto, are incorporated by reference into this Item 2.03.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 76.3pt; text-indent: -76.3pt"><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: 76pt"><b>Item 8.01.</b></td>
    <td><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">On February 9, 2021, the Company issued a press release announcing
the entry into the First Amendment and providing expected fourth quarter and full year 2020 financial results. The press release
is attached hereto as Exhibit 99.1, and is incorporated herein by reference.</p>

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

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<tr style="vertical-align: top">
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    <td style="text-align: justify"><b>Financial Statements and Exhibits</b></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; text-indent: 0.5in"><b>(d) Exhibits</b></p>

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

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<tr style="vertical-align: top">
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    <td style="width: 0.5in"><a href="tm215842d1_ex10-1.htm" style="-sec-extract: exhibit">10.1</a></td>
    <td style="text-align: justify"><a href="tm215842d1_ex10-1.htm" style="-sec-extract: exhibit">First Amendment, dated as of February 9, 2021, to the Credit Agreement, dated September 25, 2018, by and among Schweitzer-Mauduit International, Inc., SWM Luxembourg, the other loan parties party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent.</a></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="text-align: justify">&#160;</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: 0.5in">&#160;</td>
    <td style="width: 0.5in"><a href="tm215842d1_ex99-1.htm" style="-sec-extract: exhibit">99.1</a></td>
    <td style="text-align: justify"><a href="tm215842d1_ex99-1.htm" style="-sec-extract: exhibit">Press Release issued by Schweitzer-Mauduit International, Inc., dated February 9, 2021.</a></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td style="text-align: justify">&#160;</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>104</td>
    <td style="text-align: justify">The cover page from this Current Report on Form 8-K, formatted in Inline XBRL</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: center"><b>FURTHER INFORMATION</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">This Current Report on Form 8-K (this &#8220;Current Report&#8221;)
is not intended to and does not constitute or form part of any offer to sell or subscribe for or any invitation to purchase or
subscribe for any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the Offer or otherwise
nor will there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable laws. The Offer
will be implemented solely pursuant to the terms of the Scheme Document, which will contain the full terms and conditions of the
Offer, including details of how to vote in respect of the Offer. Any decision in respect of, or other response to, the Offer should
be made only on the basis of the information contained in the Scheme Document.</p>

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

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

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

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

<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">
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td colspan="3"><span style="font: 10pt Times New Roman, Times, Serif"><b>Schweitzer-Mauduit International, Inc.</b></span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2">&#160;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-bottom: 1pt; width: 52%">&#160;</td>
    <td style="padding-bottom: 1pt; width: 10%">&#160;</td>
    <td style="width: 2%"><span style="font: 10pt Times New Roman, Times, Serif">By:</span></td>
    <td style="border-bottom: Black 1pt solid; width: 36%"><span style="font: 10pt Times New Roman, Times, Serif">/s/ Andrew Wamser</span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2"><span style="font: 10pt Times New Roman, Times, Serif">Andrew Wamser</span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2"><span style="font: 10pt Times New Roman, Times, Serif">Executive Vice President and </span></td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td colspan="2"><span style="font: 10pt Times New Roman, Times, Serif">Chief Financial Officer</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">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dated: February 9, 2021</p>

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

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

<P STYLE="text-align: right; margin: 0"><B>Exhibit&nbsp;10.1</B></P>

<P STYLE="margin: 0; text-align: right">&nbsp;</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">FIRST AMENDMENT, dated
as of February&nbsp;9, 2021 (this &ldquo;<U>Amendment</U>&rdquo;), by and among SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC., a
Delaware corporation (&ldquo;<U>Parent</U>&rdquo; or &ldquo;<U>U.S. Borrower&rdquo;</U>), SWM LUXEMBOURG, a Luxembourg private
limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute; limit&eacute;e</I>), having its registered
office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and registered with the Luxembourg Register of Commerce
and Companies (Registre de Commerce et des Soci&eacute;t&eacute;s, Luxembourg) under number B 180.186 (&ldquo;<U>SWM Luxembourg</U>&rdquo;
and, together with U.S. Borrower, the &ldquo;<U>Borrowers</U>&rdquo; and, individually, each a &ldquo;<U>Borrower</U>&rdquo;),
the other Loan Parties party hereto, the Lenders party hereto and <FONT STYLE="text-transform: uppercase">JPMorgan Chase Bank,
N.A.</FONT>, as administrative agent (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;). Capitalized terms used
herein but not otherwise defined have the meanings assigned to such terms in the Credit Agreement (as hereinafter defined).</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>W
I T N E S S E T H</U></FONT>:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Borrowers,
the Lenders from time to time party thereto prior to giving effect to this Amendment, the other agents party thereto and <FONT STYLE="text-transform: uppercase">JPMorgan
Chase Bank, N.A.</FONT>, as Administrative Agent, previously entered into that certain Credit Agreement, dated as of September&nbsp;25,
2018 (the &ldquo;<U>Existing Credit Agreement</U>&rdquo;, and as amended by this Amendment and as further amended, restated, modified
or supplemented from time to time, the &ldquo;<U>Credit Agreement</U>&rdquo;);</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">WHEREAS, Parent has
notified the Administrative Agent that it is requesting that the Term B Lenders provide Term B Commitments in an aggregate principal
amount of $350,000,000 on the terms and conditions set forth in this First Amendment and the Credit 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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
in accordance with the Existing Credit Agreement, including Section&nbsp;2.09 thereof, and the terms and conditions set forth
herein and in <U>Annex A</U> hereto, the Borrowers, the Lenders and the Administrative Agent wish to effect this First Amendment</FONT>;
and</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">WHEREAS, each of the
undersigned hereby consents to the terms of this Amendment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in
consideration of the premises and for other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged),
the parties hereto hereby agree as follows:</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;1.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Certain
Amendments to the Existing Credit Agreement and Loan Documents</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Existing Credit Agreement is, effective as of the First Amendment Effective Date, hereby amended to delete the stricken text (indicated
textually in the same manner as the following example: </FONT><FONT STYLE="color: red"><STRIKE>stricken text</STRIKE></FONT>)
and to add the double-underlined text (indicated textually in the same manner as the following example: <FONT STYLE="text-underline-style: double; color: blue"><U>double-underlined
text</U></FONT>) as set forth in the pages&nbsp;of the Existing Credit Agreement attached as <U>Annex A</U> hereto.</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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Exhibits to the Credit Agreement are, effective as of the First Amendment Effective Date, hereby amended and restated in their
entirety as set forth in <U>Annex B</U> hereto.</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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Schedules
2.01A and 5.13 to the Credit Agreement are, effective as of the First Amendment Effective Date, hereby amended and restated in
their entirety as set forth in <U>Annex C</U> hereto.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Security Agreement is, effective as of the First Amendment Effective Date, hereby amended to delete the stricken text (indicated
textually in the same manner as the following example: </FONT><FONT STYLE="color: red"><STRIKE>stricken text</STRIKE></FONT>)
and to add the double-underlined text (indicated textually in the same manner as the following example: <FONT STYLE="text-underline-style: double; color: blue"><U>double-underlined
text</U></FONT>) as set forth in the pages&nbsp;of the Security Agreement attached as <U>Annex D</U> hereto.</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"></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: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the undersigned hereby consents to the Amendment and the modification of the Loan Documents as contemplated thereby.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;2.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Amendment
Effectiveness</U>. This Amendment shall become effective on and as of the first date on which the conditions specified in Section&nbsp;4.01
of the Credit Agreement have been satisfied (or waived in accordance with Section&nbsp;9.02 of the Credit Agreement) (such date,
the &ldquo;<U>First Amendment Effective Date</U>&rdquo;).</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;3.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Representations
and Warranties</U>. On and as of the First Amendment Effective Date, immediately upon giving effect to this Amendment, each Loan
Party hereby represents and warrants to the Administrative Agent and each Lender that (x)&nbsp;this Amendment has been duly authorized,
executed and delivered by such Loan Party and constitutes the legal, valid and binding obligation of such Loan Party, enforceable
in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium, or other laws affecting
creditors&rsquo; rights generally and subject to general principles of equity, regardless of whether considered in a proceeding
in equity or at law, and (y)&nbsp;(A)&nbsp;no Default or Event of Default has occurred and is continuing and (B)&nbsp;the representations
and warranties in Article&nbsp;III of the Credit Agreement are true and correct in all material respects (other than those representations
and warranties that are expressly qualified by a Material Adverse Effect or other materiality, in which case such representations
and warranties are true and correct in all respects (after giving effect to such qualifications)) on and as of the First Amendment
Effective Date, except to the extent that such representations and warranties expressly relate to an earlier specified date or
period, in which case such representations and warranties shall have been true and correct in all material respects as of the
date when made or for the respective period, as the case may be.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;4.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Other Amendments; References to the Credit Agreement</U>. Other than as specifically provided herein or in the Credit Agreement,
this Amendment shall not operate as a waiver or amendment of any right, power or privilege of the Lenders under (and as defined
in) the Existing Credit Agreement or any other Loan Document (as such term is defined in the Existing Credit Agreement) or of
any other term or condition of the Existing Credit Agreement or any other Loan Document (as such term is defined in the Existing
Credit Agreement) nor shall the entering into of this Amendment preclude the Lenders from refusing to enter into any further waivers
or amendments with respect to the Existing Credit Agreement. All references to the Existing Credit Agreement in any document,
instrument, agreement, or writing that is a Loan Document shall from and after the First Amendment Effective Date be deemed to
refer to the Credit Agreement, and, as used in the Credit Agreement, the terms &ldquo;Agreement,&rdquo; &ldquo;herein,&rdquo;
 &ldquo;hereafter,&rdquo; &ldquo;hereunder,&rdquo; &ldquo;hereto&rdquo; and words of similar import shall mean, from and after
the First Amendment Effective Date, the Credit Agreement. This Amendment shall be a Loan Document 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;5.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Headings</U>.
The various headings of this Amendment are inserted for convenience only and shall not affect the meaning or interpretation of
this Amendment or any provisions hereof.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;6.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Execution
in Counterparts</U>. This Amendment may be executed in counterparts (and by different parties hereto on different counterparts),
each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery
of an executed counterpart of a signature page&nbsp;of this Amendment by telecopy, emailed pdf. or any other electronic means
that reproduces an image of the actual executed signature page&nbsp;shall be effective as delivery of a manually executed counterpart
of this Amendment. The words &ldquo;execution,&rdquo; &ldquo;signed,&rdquo; &ldquo;signature,&rdquo; &ldquo;delivery,&rdquo; and
words of like import in or relating to any document to be signed in connection with this Amendment and the transactions contemplated
hereby shall be deemed to include Electronic Signatures, deliveries or the keeping of records in electronic form, each of which
shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the
use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including
the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act,
or any other similar state laws based on the Uniform Electronic Transactions Act; <U>provided</U> that nothing herein shall require
the Administrative Agent to accept electronic signatures in any form or format without its prior written consent.</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"></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;7.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Governing
Law; Jurisdiction</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B>THIS
AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.</B></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>This
Amendment will be subject to the provisions of Section&nbsp;9.09 of the Amended Credit Agreement, <I>mutatis mutandis</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: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SECTION&nbsp;8.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Reaffirmation</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Loan Party hereby (i)&nbsp;expressly acknowledges the terms of the Credit Agreement (as amended by this Amendment), (ii)&nbsp;ratifies
and affirms its obligations under the Loan Documents (including guarantees and security agreements as amended by this Amendment)
executed by the undersigned, (iii)&nbsp;acknowledges, renews and extends its continued liability under all such Loan Documents
and agrees such Loan Documents remain in full force and effect, (iv)&nbsp;agrees that each Collateral Document (as amended by
this Amendment) secures all Secured Obligations of the Loan Parties in accordance with the terms thereof and (v)&nbsp;confirms
this Amendment does not represent a novation of any Loan Document or of any Secured Obligations. Each Loan Party ratifies and
confirms that all Liens granted, conveyed, or assigned to the Administrative Agent by such Person pursuant to each Loan Document
to which it is a party remain in full force and effect, are not released or reduced, and continue to secure full payment and performance
of the Secured Obligations.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Loan Party hereby reaffirms, as of the First Amendment Effective Date, (i)&nbsp;the covenants and agreements contained in each
Loan Document to which it is a party, including, in each case, such covenants and agreements as in effect immediately after giving
effect to this Amendment and the transactions contemplated thereby and (ii)&nbsp;its guarantee of payment of the Secured Obligations
pursuant to the Subsidiary Guaranty.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;&nbsp;Parent
hereby reaffirms, as of the First Amendment Effective Date, its guarantee of payment of the Secured Obligations pursuant to Article
X of the Credit 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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Loan Party hereby certifies that, as of the date hereof (immediately after giving effect to the occurrence of the First Amendment
Effective Date and the effectiveness of the Amendment), the representations and warranties made by it contained in the Loan Documents
to which it is a party are true and correct in all material respects (other than those representations and warranties that are
expressly qualified by a Material Adverse Effect or other materiality, in which case such representations and warranties are true
and correct in all respects (after giving effect to such qualifications)) on and as of the First Amendment Effective Date, except
to the extent that such representations and warranties expressly relate to an earlier specified date or period, in which case
such representations and warranties shall have been true and correct in all material respects as of the date when made or for
the respective period, as the case may be.</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Loan Party hereby acknowledges and agrees that the acceptance by the Administrative Agent and each applicable Lender of this document
shall not be construed in any manner to establish any course of dealing on such Person&rsquo;s part, including the providing of
any notice or the requesting of any acknowledgment not otherwise expressly provided for in any Loan Document with respect to any
future amendment, waiver, supplement or other modification to any Loan Document or any arrangement contemplated by any Loan Document.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF,
the parties hereto have caused this Amendment to be executed by their respective officers and general partners thereunto duly
authorized, as of the date first written above.</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">&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">SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt">&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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Ricardo
    Nu&ntilde;ez</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">Name: Ricardo Nu&ntilde;ez</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: Executive Vice President</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&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">SWM LUXEMBOURG</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt">&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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Kelly
    Lawler</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">Name: Kelly Lawler</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:&nbsp;&nbsp;&nbsp;type A Manager</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt">&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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ D.
    Ronald Surbey</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">Name: D. Ronald Surbey</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:&nbsp;&nbsp;&nbsp;type B Manager</FONT></TD></TR>
</TABLE>

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

<P STYLE="text-align: right; 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">[Signature Page&nbsp;to First Amendment]</P>

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

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

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DELSTAR
    TECHNOLOGIES,&nbsp;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 COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt; text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    David Timothy Cullen</FONT></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">Name:
    David Timothy Cullen</FONT></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">Title:&nbsp;&nbsp;&nbsp;President</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 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">U.S.
    NETTING,&nbsp;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 COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    David Timothy Cullen</FONT></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">Name:
    David Timothy Cullen</FONT></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">Title:&nbsp;&nbsp;&nbsp;President</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">CORETEC TUBING,&nbsp;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 COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    David Timothy Cullen</FONT></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">Name:
    David Timothy Cullen</FONT></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">Title:&nbsp;&nbsp;&nbsp;President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[Signature Page&nbsp;to
First Amendment]</P>

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ARGOTEC
    LLC</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 STYLE="padding-bottom: 1pt; text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Caio Sedeno</FONT></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">Name:
    Caio Sedeno</FONT></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">Title:&nbsp;&nbsp;&nbsp;CEO</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 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">SWM-ARGOTEC
    LLC</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 STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Ricardo Nu&ntilde;ez</FONT></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">Name:
    Ricardo Nu&ntilde;ez</FONT></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">Title:&nbsp;&nbsp;Executive
    Vice President</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 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">CONWED
    PLASTICS LLC</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 STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Christopher Freitag</FONT></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">Name:
    Christopher Freitag</FONT></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">Title:&nbsp;&nbsp;&nbsp;President</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 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">CONWED
    PLASTICS ACQUISITION COMPANY V LLC</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 STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Christopher Freitag</FONT></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">Name:
    Christopher Freitag</FONT></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">Title:&nbsp;&nbsp;&nbsp;President</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 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">SWM
    HOLDCO GP, LLC</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 STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Ricardo Nu&ntilde;ez</FONT></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">Name:
    Ricardo Nu&ntilde;ez</FONT></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">Title:&nbsp;&nbsp;Executive
    Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[Signature Page&nbsp;to
First Amendment]</P>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SWM
    LUXEMBOURG SERVICES, LLC</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 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:
    SWM Luxembourg</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 STYLE="padding-bottom: 1pt; 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%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Kelly Lawler</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">Name: Kelly Lawler</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:&nbsp;&nbsp;&nbsp;type A Manager</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 STYLE="padding-bottom: 1pt">&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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ </FONT>D.
    Ronald Surbey</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: </FONT>D. Ronald Surbey</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:&nbsp;&nbsp;&nbsp;type B Manager</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&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">TEKRA,
    LLC</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 STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Caio Sedeno</FONT></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">Name:
    Caio Sedeno</FONT></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">Title:&nbsp;&nbsp;President</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 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">TRIENT,
    LLC</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 STYLE="padding-bottom: 1pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/
    Caio Sedeno</FONT></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">Name:
    Caio Sedeno</FONT></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">Title:&nbsp;&nbsp;President</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-align: justify"></P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page&nbsp;to
First Amendment]</P>

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

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

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <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"></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">                                                                                                                                          <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD COLSPAN="2">JPMORGAN CHASE BANK, N.A.,</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD COLSPAN="2">as Administrative Agent, a Revolving Lender, an Issuing Bank, the Swingline Lender and a Term B Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Philip VanFossan</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Philip VanFossan</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Executive Director</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></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 3pt 0pt 0; text-align: center">[Signature Page to First Amendment]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3pt 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <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 3pt 0pt 0; text-align: center">&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="2">BARCLAYS BANK PLC, as Revolving Lender,</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD COLSPAN="2">an Issuing Bank and a Term B Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Craig Malloy</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                           <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Craig Malloy</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Director</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 3pt 0pt 0; text-align: center">[Signature Page to First Amendment]</P>

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

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

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <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">&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="2">TRUIST BANK, as successor by merger to SUNTRUST BANK, as Revolving Lender, an Issuing Bank and
               a Term B Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Troy R. Weaver</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                        <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Troy R. Weaver</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Senior Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 1pt 0pt 0; text-align: center">[Signature Page to First Amendment]</P>

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

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

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <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"><B></B>&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="2">BANK OF AMERICA, N.A., as a Term A Lender, a Revolving Lender and an Issuing Bank</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Ryan Maples</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                        <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Ryan Maples</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Sr. Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 257.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 257.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 257.05pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">                                                                                                                                          <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD COLSPAN="2" STYLE="font-size: 10pt">BANK OF AMERICA, N.A., as a Term B Lender</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-right: 127.3pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-right: 127.3pt">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 50%"></TD><TD STYLE="font-size: 10pt; width: 3%">By:</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; padding-right: 127.3pt; width: 47%">/s/
                                         Mark Kushemba</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    <TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-right: 127.3pt">Name:
                                         Mark Kushemba</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-right: 127.3pt">Title:
                                         Managing Director</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 257.05pt"></P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to First Amendment]</P>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">                                                                                                                                          <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD COLSPAN="2">Citizens Bank, N.A. as a term B Lender and a Revolving Lender.</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Doug Kennedy</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                  <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Doug Kennedy</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Senior Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></P>

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

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to First Amendment]</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&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="2">Fifth Third Bank, National Association, as a Term B Lender and a Revolving Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">By:</TD><TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.25pt; width: 47%">/s/ Jonathan H. James</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                 <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Name: Jonathan H. James</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Title: Managing Director</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5pt; text-align: center">[Signature Page to First Amendment]</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 12.05pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 12.05pt 0pt 0"></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 12.05pt 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">                                                                                                                                          <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD COLSPAN="2">MUFG Union Bank, N.A., as a Revolving Lender and a Term B Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">By:</TD><TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.25pt; width: 47%">/s/ Deborah L. White</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Name: Deborah L. White</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Title: Director</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></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 142.65pt 0pt 121.7pt; text-align: center">[Signature Page to First
Amendment]</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt"></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 0pt 202.05pt; text-indent: 0.05pt">&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="2">PNC Bank, National Association, as a Revolving Lender <BR>
and a Term B Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">By:</TD><TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.25pt; width: 47%">/s/ Brandon K. Fiddler</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Name: Brandon K. Fiddler</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Title: Senior Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></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 142.65pt 0pt 121.7pt; text-align: center">[Signature Page to First
Amendment</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt"></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 0pt 202.05pt; text-indent: 0.05pt">&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="2">Citibank N.A., as a Revolving Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Shanti Musacchia</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Shanti Musacchia</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Senior Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></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 142.6pt 0pt 121.8pt; text-align: center">[Signature Page to First
Amendment]</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt"></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 0pt 202.05pt; text-indent: 0.05pt">&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="2">AGFIRST FARM CREDIT BANK, as a Term A Lender and a Revolving Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%">By:</TD><TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.25pt; width: 47%">/s/ Steven J. O&rsquo;Shea</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                                                <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Name: Steven J. O&rsquo;Shea</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="padding-right: 5.25pt">Title: Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2pt 0pt 0; text-align: center">[Signature Page to First Amendment]</P>

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




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 202.05pt; text-indent: 0.05pt"></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 202.05pt; text-indent: 0.05pt">&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="2">FARM CREDIT BANK OF TEXAS, as a Term A Lender and a Revolving Lender</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<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/ Alan Robinson</TD></TR>                                                                                                                                                                                                                                                                                                                                                                                                                     <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Name: Alan Robinson</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Title: Vice President</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 5.25pt 0pt 238.05pt; text-indent: -0.05pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 238.05pt"></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">[Signature Page to First Amendment]</P>



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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><I><U>ANNEX
A to First Amendment</U></I></B></FONT></P>

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



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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><IMG SRC="tm215842d1_ex10-1annexaimg1.jpg" ALT=""></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CREDIT AGREEMENT<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><STRIKE><SUP>1</SUP></STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">dated as of</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">September&nbsp;25, 2018</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">among</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">SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC.<BR>
and<BR>
SWM LUXEMBOURG,<BR>
as Borrowers,</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">The Lenders Party Hereto,</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">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent,</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.,<BR>
BARCLAYS BANK PLC,<BR>
MERRILL LYNCH, PIERCE, FENNER&nbsp;&amp; SMITH INCORPORATED,<BR>
SUNTRUST ROBINSON HUMPHREY,&nbsp;INC., and</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">AGFIRST FARM CREDIT BANK,<BR>
as Joint Bookrunners and Joint Lead Arrangers,</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">and</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">BARCLAYS BANK PLC,<BR>
MERRILL LYNCH, PIERCE, FENNER&nbsp;&amp; SMITH INCORPORATED,<BR>
SUNTRUST BANK, and</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">AGFIRST FARM CREDIT BANK,<BR>
as Co-Syndication Agents</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>

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin: 0pt 0; color: blue"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U><SUP>1
</SUP></U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">With
respect to the First Amendment (as defined herein) (i) JPMorgan Chase Bank, N.A., BofA Securities, Inc., Barclays Bank PLC and
Truist Securities, Inc. acted as joint bookrunners and joint lead arrangers, (ii) Bank of America, N.A., Barclays Bank PLC and
Truist Bank acted as co-syndication agents and (iii) Citizens Bank, N.A., Fifth Third Bank, MUFG Union Bank, N.A. and PNC Capital
Markets, LLC acted as co-documentation agents.</FONT></U></P>

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.5in; width: 25%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 62%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: center"><B><U>Page</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: #010000">ARTICLE&nbsp;I</FONT> Definitions</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Defined Terms</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">1</TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Classification of Loans and Borrowings</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>37</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>55</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Terms Generally</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>37</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>55</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Accounting Terms; GAAP</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>38</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>56</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Interest Rates</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>38</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>56</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Currency Equivalents</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>38</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>57</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Limited Condition Acquisitions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>39</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>57</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;1.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Luxembourg Terms </TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>39</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>58</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="color: #010000">ARTICLE&nbsp;II</FONT> The Credits</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>40</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>58</U></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Commitments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>40</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>58</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Loans and Borrowings</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>40</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>59</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Requests for Borrowings</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>41</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>60</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Reserved</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>42</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>60</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Swingline Loans</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>42</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>61</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Letters of Credit</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>43</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>62</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Funding of Borrowings</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>6</U>6</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Interest Elections</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>67</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Termination, Reduction and Increase of Commitments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>50</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>68</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.10.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Repayment of Loans; Evidence of Debt</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>52</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>72</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.11.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Prepayment of Loans</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>53</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>73</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.12.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Fees</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>75</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.13.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Interest</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>76</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.14.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Alternate Rate of Interest</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; 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>77</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.15.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Increased Costs</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>81</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.16.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Break Funding Payments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>58</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>82</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.17.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Withholding of Taxes; Gross-Up</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>82</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.18.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Payments Generally; Pro Rata Treatment; Sharing of Setoffs</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>86</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.19.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Mitigation Obligations; Replacement of Lenders</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>88</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.20.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Defaulting Lenders</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>89</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;2.21.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Extension of Maturity Date</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>92</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="color: #010000">ARTICLE&nbsp;III</FONT> Representations and Warranties</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>95</U></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Organization; Powers</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>95</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Authorization; Enforceability</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>95</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Governmental Approvals; No Conflicts</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>96</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Financial Condition; No Material Adverse Change</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>96</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Properties</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>96</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Litigation and Environmental Matters</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>96</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Compliance with Laws</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Investment Company Status</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Taxes</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.10.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">ERISA</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.11.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Disclosure</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.12.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Subsidiaries</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-left: 0.5in; vertical-align: top"></TD></TR></TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in; width: 25%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 62%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.13.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">[Reserved]</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>97</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.14.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Labor Relations</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.15.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">EEA Financial Institutions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.16.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Plan Assets; Prohibited Transactions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.17.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Margin Regulations</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.18.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Solvency</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.19.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Insurance</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.20.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Common Enterprise</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>98</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.21.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Foreign Borrower</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>99</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.22.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Compliance with Domiciliation Law</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>99</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.23.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Anti-Corruption Laws and Sanctions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>99</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.24.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">COMI</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>99</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.25.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Security Interest in Collateral</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>99</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION&nbsp;3.26.</STRIKE></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="color: red"><STRIKE>Status of SWM Luxembourg</STRIKE></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;3.27.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Beneficial Ownership<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>100</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;3.28.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Scheme Documents and Related Documents</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>100</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;IV</FONT> Conditions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>100</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;4.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First Amendment</U></FONT> Effective Date</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>100</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;4.02.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Closing Date</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>104</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;4.03.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Certain Funds Borrowing Date</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>105</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION&nbsp;4.02.</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;4.04.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Each Credit Event</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>106</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;4.05.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Actions by Lenders During</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>107</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;V</FONT> Affirmative Covenants</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>108</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Financial Statements and Other Information</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>108</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Notices of Material Events</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>110</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Existence; Conduct of Business</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>110</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Payment of Taxes</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>110</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Maintenance of Properties; Insurance</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>110</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Books and Records; Inspection Rights</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>111</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Compliance with Laws</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>11</U></FONT>1</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Use of Proceeds and Letters of Credit</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>111</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Further Assurances; Additional Borrowers</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>112</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.10.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">OFAC</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>114</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.11.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">[Reserved]</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>114</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.12.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Centre of Main Interest</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>114</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.13.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="color: red"><STRIKE>Post&nbsp;Closing</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Post-Effective Date</U></FONT> Matters</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>114</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;5.14.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Designation of Subsidiaries</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>115</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;5.15.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The Scheme, Takeover Offer and Related Matters</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>115</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;5.16.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Repayment of Target Debt</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>117</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;VI</FONT> Negative Covenants</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>118</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Indebtedness</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>118</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Liens</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>120</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Fundamental Changes</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>89</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>122</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Dispositions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>90</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>123</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Investments, Loans, Advances, Guarantees and Acquisitions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>91</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>123</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Swap Agreements</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>126</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"></TD></TR></TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in; width: 25%"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.07.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 62%">Restricted Payments</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%"><FONT STYLE="color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>126</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Transactions with Affiliates</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>127</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Restrictive Agreements</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>128</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.10.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Amendment of Organizational Documents</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>129</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.11.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Financial Covenants</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>129</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.12.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Prepayments of Junior Indebtedness</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>130</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;6.13.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Use of Proceeds</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>130</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;VII</FONT> Events of Default</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>131</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;7.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Events of Default</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>131</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;7.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Application of Payments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>100</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>135</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;VIII</FONT> The Administrative Agent</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>136</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Authorization and Action</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>136</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Administrative Agent&rsquo;s Reliance,&nbsp;Indemnification, Etc.</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>138</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Posting of Communications</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>105</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>139</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">The Administrative Agent Individually</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>106</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>140</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Successor Administrative Agent</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>106</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>141</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Acknowledgements of Lenders and Issuing Banks</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>107</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>142</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Collateral Matters</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>108</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>142</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Credit Bidding</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>108</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>143</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;8.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Certain ERISA Matters</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>109</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>144</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;IX</FONT> Miscellaneous</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>110</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>145</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Notices</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>110</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>145</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Waivers; Amendments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>112</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>146</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Expenses; Indemnity; Damage Waiver</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>114</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>149</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Successors and Assigns</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>116</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>156</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.05.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Survival</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>120</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>156</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Counterparts; Integration; Effectiveness; Electronic Execution</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>121</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>157</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Severability</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>121</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>157</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Right of Setoff</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>121</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>157</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Governing Law; Jurisdiction; Consent to Service of Process</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>122</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>158</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.10.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">WAIVER OF JURY TRIAL</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>123</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>158</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.11.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Headings</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>123</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>159</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.12.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Confidentiality</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>123</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>159</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.13.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Material Non-Public Information</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>124</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>159</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.14.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Interest Rate Limitation</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>124</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>160</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.15.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">No Fiduciary Duty, etc.</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>124</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>160</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.16.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">USA PATRIOT Act</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>125</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>161</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.17.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Judgment Currency</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>125</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>161</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;9.18.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Acknowledgement and Consent to Bail-In of EEA Financial Institutions</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>126</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>162</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;9.19.</U></FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Acknowledgement Regarding Any Supported QFCs</U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>162</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">&nbsp;</FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="color: #010000">ARTICLE&nbsp;X</FONT> Loan Guaranty</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>126</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>162</U></FONT></TD></TR>
<TR>
    <TD COLSPAN="3" STYLE="vertical-align: top; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.01.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Guaranty</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>126</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>162</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.02.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Guaranty of Payment</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>127</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>162</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.03.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">No Discharge or Diminishment of Loan Guaranty</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>127</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>163</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.04.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Defenses Waived</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>127</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>163</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"></TD></TR></TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in; width: 25%"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.05.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 62%">Rights of Subrogation</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 10%"><FONT STYLE="color: red"><STRIKE>128</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>164</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.06.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Reinstatement; Stay of Acceleration</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>128</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>164</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.07.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Information</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>128</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>164</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.08.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Termination</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>128</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>164</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.09.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Taxes</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>128</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>164</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.10.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Maximum Liability</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>128</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>164</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.11.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Liability Cumulative</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>129</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>165</U></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-left: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;10.12.</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">Keepwell</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="color: red"><STRIKE>129</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>165</U></FONT></TD></TR>
</TABLE>
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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="width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>SCHEDULES:</U></FONT></TD>
    <TD STYLE="width: 75%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 2.01A &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commitments</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 2.01B &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Swingline Commitments</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 2.01C &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Letter of Credit Commitments</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 2.22 &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Existing Letters of Credit</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 3.06 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disclosed Matters</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 3.12 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subsidiaries</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 3.19 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 5.13 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Post Closing</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>Post-Effective
Date</U></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Matters</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 6.01 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Existing Indebtedness</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 6.02 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Existing Liens</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 6.05 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Existing Investments</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Schedule 6.08 &ndash; </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transactions with Affiliates</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>EXHIBITS:</U></FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;A &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;of Assignment and Assumption</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;B &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;of Borrowing Request</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;C &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;of Interest Election Request</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;D &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;of Compliance Certificate</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;E-1 &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S. Tax Certificate (For Non-U.S. Lenders that are <U>not</U> Partnerships for U.S. Federal Income Tax Purposes)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;E-2 &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S. Tax Certificate (For Non-U.S. Lenders that <U>are</U> Partnerships for U.S. Federal Income Tax Purposes)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;E-3 &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S. Tax Certificate (For Non-U.S. Participants that are not Partnerships for U.S. Federal Income Tax Purposes)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exhibit&nbsp;E-4 &ndash;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">U.S. Tax Certificate (For Non-U.S. Participants that <U>are</U> Partnerships for U.S. Federal Income Tax Purposes)</FONT></TD></TR>
</TABLE>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">CREDIT AGREEMENT, dated as of September&nbsp;25,
2018 (as it may be amended, restated, modified, extended or supplemented from time to time, this &ldquo;Agreement&rdquo;) by and
among SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC., a Delaware corporation (&ldquo;Parent&rdquo; or &ldquo;U.S. Borrower&rdquo;),
SWM LUXEMBOURG, a Luxembourg private limited liability company (soci&eacute;t&eacute; &agrave; responsabilit&eacute; limit&eacute;e),
having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and registered with the Luxembourg
Register of Commerce and Companies (Registre de Commerce et des Soci&eacute;t&eacute;s, Luxembourg) under number B 180.186 (&ldquo;<B><I>SWM
Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;Borrowers&rdquo; and, individually, each a &ldquo;Borrower&rdquo;),
the Lenders (as defined below) that are from time to time a party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent, JPMORGAN
CHASE BANK, N.A., BARCLAYS BANK PLC, MERRILL LYNCH, PIERCE, FENNER&nbsp;&amp; SMITH INCORPORATED, SUNTRUST ROBINSON HUMPHREY,&nbsp;INC.,
and AGFIRST FARM CREDIT BANK, as Joint Lead Arrangers and Joint Bookrunners, and BARCLAYS BANK PLC, MERRILL LYNCH, PIERCE, FENNER&nbsp;&amp;
SMITH INCORPORATED, SUNTRUST BANK, and AGFIRST FARM CREDIT BANK, as Co-Syndication Agents.</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"><FONT STYLE="text-transform: uppercase"><B><U>R</U>&nbsp;<U>E</U>&nbsp;<U>C</U>&nbsp;<U>I</U>&nbsp;<U>T</U>&nbsp;<U>A</U>&nbsp;<U>L</U>&nbsp;<U>S</U>:</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, <FONT STYLE="color: red"><STRIKE>simultaneously
with </STRIKE></FONT><STRIKE><FONT STYLE="color: green">the execution of this Agreement</FONT></STRIKE><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>on
September&nbsp;25, 2018</U></FONT>, the Borrowers <FONT STYLE="color: red"><STRIKE>intend to </STRIKE></FONT>refinance<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT>
in full and terminate<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT> the outstanding obligations under
the Existing Credit Agreement (as defined below);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the Borrowers have requested that
the Lenders provide Commitments of (i)&nbsp;$500,000,000 in the aggregate to be available for Revolving Loans and Swingline Loans
to the Borrowers and Letters of Credit issued for the account of the Borrowers, and (ii)&nbsp;$200,000,000 in the aggregate for
Term Loans; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the applicable Lenders have indicated
their willingness to lend and the Issuing Bank has indicated its willingness to so issue Letters of Credit, in each case, on the
terms and subject to the conditions set forth herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW, THEREFORE, in consideration of the
foregoing Recitals and the mutual covenants set forth below, and intending to be legally bound, the parties hereto agree as follows:</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; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;I</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Definitions</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Defined
Terms</U>. As used in this Agreement, the following terms have the meanings specified below:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>ABR</I></B>&rdquo;, when used
in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, bear interest at a
rate determined by reference to the Alternate Base Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Acceptance
Condition</I></B>&rdquo; means, in respect of a Takeover Offer, the condition to the Takeover Offer with respect to the number
of acceptances to the Takeover Offer which must be secured to declare the Takeover Offer unconditional as to acceptances.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Accepting
Term B Lenders</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.21(h).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Acquisition
Co</I></B>&rdquo; means any wholly-owned direct or indirect Subsidiary or Subsidiaries of Parent used to effectuate the Target
Acquisition and specified as the offeror in a Scheme Document or an Offer Document.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Acquisition Expenses</I></B>&rdquo;
means fees, costs and expenses related to any Permitted Acquisition or Investment permitted hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Adjusted LIBO Rate</I></B>&rdquo;
means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate <I>per annum</I> (rounded upwards, if
necessary, to the next 1/16 of 1%) equal to (a)&nbsp;the LIBO Rate for such Interest Period multiplied by (b)&nbsp;the Statutory
Reserve Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Administrative Agent</I></B>&rdquo;
means JPMorgan Chase Bank, N.A. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and, as applicable, any of its designated
Affiliates, including, without limitation, J.P. Morgan AG, each</U></FONT> in its capacity as administrative agent for the Lenders
hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Administrative Questionnaire</I></B>&rdquo;
means an Administrative Questionnaire in a form supplied by the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Adverse Tax Ruling</I></B>&rdquo;
means a final ruling by the Supreme Court of Brazil against the taxpayer, SWM Brazil, and in favor of the applicable tax authorities
regarding either one or more assessments by the tax authorities of the State of Rio de Janeiro for Imposto sobre Circula&ccedil;&atilde;o
de Mercadorias e Servi&ccedil;os for the period January&nbsp;1995 through November&nbsp;2017.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Affected
Financial Institution</I></B>&rdquo; means (a)&nbsp;any EEA Financial Institution or (b)&nbsp;any UK Financial Institution.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Affiliate</I></B>&rdquo; means,
with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or
is Controlled by or is under common Control with the Person specified.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Agent Indemnitee</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;9.03(c)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Agreed
Currencies</I></B>&rdquo; means Dollars and each Offshore Currency</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Agreement</I></B>&rdquo; has
the meaning set forth in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>AHYDO Catch-Up Payment</I></B>&rdquo;
means any payment with respect to any obligations of the Loan Parties and their Restricted Subsidiaries, including subordinated
debt obligations, in each case to avoid the application of Section&nbsp;163(e)(5)&nbsp;of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>All-in
Yield</I></B>&rdquo; means the yield of the applicable Indebtedness, whether in the form of interest rate, margin, commitment or
ticking fees, original issue discount, upfront fees, index floors or otherwise, in each case payable generally to lenders, provided
that original issue discount and upfront fees shall be equated to interest rate assuming a four-year life to maturity, and shall
not include arrangement fees, structuring fees or other fees not paid to the applicable lenders generally.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Alternate Base Rate</I></B>&rdquo;
means, for any day, a rate <I>per annum</I> equal to the greatest of (a)&nbsp;the Prime Rate in effect on such day, (b)&nbsp;the
NYFRB Rate in effect on such day plus &frac12; of 1% and (c)&nbsp;the Adjusted LIBO Rate for <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Dollars
for</U></FONT> a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business
Day) plus 1%, <U>provided</U> that for the purpose of this definition, the Adjusted LIBO Rate for <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Dollars
for</U></FONT> any day shall be based on the LIBO Screen Rate (or if the LIBO Screen Rate is not available for such one month Interest
Period, the Interpolated Rate) at approximately 11:00 a.m.&nbsp;London time on such day. Any change in the Alternate Base Rate
due to a change in the Prime Rate, the NYFRB Rate or the Adjusted LIBO Rate shall be effective from and including the effective
date of such change in the Prime Rate, the NYFRB Rate or the Adjusted LIBO Rate, respectively. If the Alternate Base Rate is being
used as an alternate rate of interest pursuant to Section&nbsp;2.14 hereof, then the Alternate Base Rate shall be the greater of
clauses (a)&nbsp;and (b)&nbsp;above and shall be determined without reference to clause (c)&nbsp;above. For the avoidance of doubt,
if the Alternate Base Rate as so determined would be less than <FONT STYLE="color: red"><STRIKE>zero</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>1.00%</U></FONT>,
such rate shall be deemed to be <FONT STYLE="color: red"><STRIKE>zero</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>1.00%
for purposes of this Agreement; provided, that solely with respect to the Term B Loans, if the Alternate Base Rate as so determined
would be less than 1.75%, such rate shall be deemed to be 1.75%</U></FONT> for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Anti-Corruption Laws</I></B>&rdquo;
means any provision (including any rules&nbsp;and regulations promulgated thereunder) of the U.S. Foreign Corrupt Practices Act
of 1977, as amended, the UK Bribery Act 2010, or similar anti-bribery or anti-corruption laws of a jurisdiction in which the Parent
or any of its Subsidiaries conduct their business and to which they are lawfully subject.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Applicable Party</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;8.03(c)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Applicable Percentage</I></B>&rdquo;
means, with respect to any Revolving Lender, the percentage of the total Revolving Commitments represented by such Revolving Lender&rsquo;s
Revolving Commitment; <U>provided</U> that in the case of <U>Section&nbsp;2.20</U> when a Defaulting Lender shall exist, &ldquo;Applicable
Percentage&rdquo; shall mean the percentage of the total Revolving Commitments (disregarding any Defaulting Lender&rsquo;s Revolving
Commitment) represented by such Lender&rsquo;s Revolving Commitment. If the Revolving Commitments have terminated or expired, the
Applicable Percentages shall be determined based upon the Revolving Commitments most recently in effect, giving effect to any assignments
and to any Lender&rsquo;s status as a Defaulting Lender at the time of determination.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Applicable Rate</I></B>&rdquo;
means, for any day<FONT STYLE="color: red"><STRIKE>, with respect to any</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)&nbsp;(x)&nbsp;with
respect to any ABR Term B Loan, a rate <I>per annum</I> equal to 3.00% and (y)&nbsp;with respect to any Eurodollar Term B Loan,
a rate <I>per annum</I> equal to 4.00%; and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)&nbsp;with
respect to any</U></FONT> ABR&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Term A Loan, Eurodollar Term A Loan,
ABR Revolving</U></FONT> Loan or Eurodollar Revolving Loan, or with respect to the commitment fees payable hereunder, as the case
may be, the applicable rate <I>per annum</I> set forth below under the caption &ldquo;Eurodollar Revolving Loans Spread and Letter
of Credit Fees&rdquo;, &ldquo;ABR&nbsp;Revolving Loans Spread&rdquo;, &ldquo; Eurodollar Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loans Spread&rdquo;, &ldquo;ABR Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans Spread&rdquo;
or &ldquo;Commitment Fee Rate&rdquo;, as the case may be, based upon the Borrowers&rsquo; Net Debt to EBITDA Ratio as of the most
recent determination date:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Level:</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Net Debt to <BR> EBITDA Ratio</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Eurodollar<BR> Revolving Loans<BR> Spread and Letter <BR> of Credit Fees</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">ABR <BR> Revolving <BR> Loans Spread</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center"><U STYLE="text-decoration: none">Eurodollar<BR> Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">A</FONT> Loans<BR> Spread</U></TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center"><U STYLE="text-decoration: none">ABR <BR> Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">A</FONT> <BR> Loans <BR> Spread</U></TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Commitment<BR> Fee Rate</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">I</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">Greater than or equal to<BR> 4.00 to 1.00</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">2.25</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">1.25</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">2.50</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">1.50</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></TR>
</TABLE>


<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Level:</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Net Debt to <BR> EBITDA Ratio</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Eurodollar<BR> Revolving Loans<BR> Spread and Letter <BR> of Credit Fees</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">ABR <BR> Revolving <BR> Loans Spread</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Eurodollar<BR> Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">A</FONT> Loans<BR> Spread</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">ABR <BR> Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">A</FONT> <BR> Loans <BR> Spread</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD><TD STYLE="white-space: nowrap; font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 10pt; text-align: center">Commitment<BR> Fee Rate</TD><TD STYLE="white-space: nowrap; padding-bottom: 2.5pt; font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">II</TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">Greater than or equal to<BR> 3.25 to 1.00 but less than<BR> 4.00 to 1.00</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">2.00</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">1.00</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">2.25</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">1.25</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="vertical-align: top; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">III</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">Greater than or equal to<BR> 2.50 to 1.00 but less than 3.25 to 1.00</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">1.75</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">0.75</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><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">0.30</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="vertical-align: top; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">IV</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">Greater than or equal to<BR> 1.75 to 1.00 but less than 2.50 to 1.00</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">1.75</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">0.75</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">0.25</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">V</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 1pt; padding-left: 5.75pt">Greater than or equal to 1.00 to 1.00 but less than 1.75 to 1.00</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">1.25</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">0.25</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><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">0.20</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: 2.5pt; padding-left: 5.75pt">VI</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center; padding-bottom: 2.5pt; padding-left: 5.75pt">Less than 1.00 to 1.00</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&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: 2.5pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.0</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">1.25</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.25</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">%</TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0.15</TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left">%</TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For purposes of the foregoing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>clause
(b)</U></FONT>, (a)&nbsp;until the delivery to the Administrative Agent of the annual or quarterly consolidated financial statements
delivered pursuant to <U>Section&nbsp;5.01</U> and corresponding compliance certificate of the Parent for the first fiscal quarter
following the Effective Date, the Applicable Rate shall be deemed to be the applicable rate in Level I<FONT STYLE="color: red"><STRIKE>II</STRIKE></FONT>
set forth above, (b)&nbsp;the Applicable Rate shall be determined as of the end of each fiscal quarter of Parent based upon Parent&rsquo;s
annual or quarterly consolidated financial statements delivered pursuant to <U>Section&nbsp;5.01</U> and (c)&nbsp;each change in
the Applicable Rate resulting from a change in the Net Debt to EBITDA Ratio shall be effective during the period commencing on
and including the date of delivery to the Administrative Agent of such consolidated financial statements indicating such change
and ending on the date immediately preceding the effective date of the next such change; <U>provided</U> that, the Net Debt to
EBITDA Ratio shall be deemed to be at Level I set forth above (A)&nbsp;at any time that an Event of Default has occurred and is
continuing or (B)&nbsp;if the Borrowers fail to deliver the annual or quarterly consolidated financial statements required to be
delivered by them pursuant to <U>Section&nbsp;5.01</U>, during the period from the expiration of the time for delivery thereof
until such consolidated financial statements are delivered.</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"></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-indent: 0.5in">In the event that any financial statement
or certification delivered pursuant to <U>Section&nbsp;5.01</U> is shown to be inaccurate (regardless of whether this Agreement
or the Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the
application of a higher Applicable Rate for any period (an &ldquo;<B><I>Applicable Period</I></B>&rdquo;) than the Applicable Rate
applied for such Applicable Period, (i)&nbsp;Parent shall immediately (a)&nbsp;deliver to the Administrative Agent a corrected
compliance certificate for such Applicable Period and (b)&nbsp;determine the Applicable Rate for such Applicable Period based upon
the corrected compliance certificate, and (ii)&nbsp;the applicable Borrower shall immediately pay to the Administrative Agent for
the benefit of the Lenders the accrued additional interest and other fees owing as a result of such increased Applicable Rate for
such Applicable Period, which payment shall be promptly distributed by the Administrative Agent to the Lenders entitled thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Approved Electronic Platform</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;8.03(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-indent: 0.5in">&ldquo;<B><I>Approved Fund</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.04(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Arranger</I></B>&rdquo; means
any of JPMorgan Chase Bank, N.A., Barclays Bank PLC, Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated (or any other
registered broker-dealer wholly-owned by Bank of America Corporation to which all or substantially all of Bank of America Corporation&rsquo;s
or any of its subsidiaries&rsquo; investment banking, commercial lending services or related businesses may be transferred following
the date of this Agreement), SunTrust Robinson Humphrey,&nbsp;Inc., and AgFirst Farm Credit Bank in their capacity as joint bookrunners
and joint arrangers hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Asset Disposition</I></B>&rdquo;
means any sale, transfer, lease (other than an operating lease entered into in the ordinary course of business) or other disposition
of any properties or assets of any Borrower or any of its Restricted Subsidiaries (including, without limitation, pursuant to a
Sale and Leaseback Transaction, any such sale, transfer or disposition of Equity Interests and any disposition of property to a
Delaware Divided LLC pursuant to a Delaware LLC Division) in a single transaction or in a series of related transactions, other
than Excluded Asset Dispositions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Asset
Sale Prepayment Event</I></B>&rdquo; means:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green"><U>(a)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green"><U>any
Asset Disposition (including pursuant to a Sale and Leaseback </U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">Transaction)
by any Borrower</FONT></U><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">or any Restricted Subsidiary, other than
dispositions described in Section&nbsp;6.04(i)&nbsp;</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">and (iii);
or</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green"><U>(b)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green"><U>any
casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, any
property or asset of any </U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">Borrower</FONT></U><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">or
any Restricted Subsidiary with a fair value immediately prior to such event equal to or greater than $10,000,000.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Asset Swap</I></B>&rdquo; means
an exchange (or concurrent purchase and sale) of property, plant, equipment or other assets (excluding working capital or current
assets) of Parent or any of its Restricted Subsidiaries for Related Business Assets of another Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Assignment and Assumption</I></B>&rdquo;
means an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required
by Section&nbsp;9.04), and accepted by the Administrative Agent, in the form of Exhibit&nbsp;A or any other form approved by the
Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Availability Period</I></B>&rdquo;
means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date
of termination of the Revolving Commitments.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Available
Tenor</I></B>&rdquo; means, as of any date of determination and with respect to the then-current Benchmark, as applicable, any
tenor for such Benchmark or payment period for interest calculated with reference to such Benchmark, as applicable, that is or
may be used for determining the length of an Interest Period pursuant to this Agreement as of such date and not including, for
the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of &ldquo;Interest Period&rdquo;
pursuant to clause (f)&nbsp;of Section&nbsp;2.14.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Bail-In Action</I></B>&rdquo;
means the exercise of any Write-Down and Conversion Powers by the applicable <FONT STYLE="color: red"><STRIKE>EEA </STRIKE></FONT>Resolution
Authority in respect of any liability of an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Affected</U></FONT>
Financial Institution.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Bail-In Legislation</I></B>&rdquo;
means<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;with
respect to any EEA Member Country implementing Article&nbsp;55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, regulation rule&nbsp;or
requirement</U></FONT> for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule<FONT STYLE="color: red"><STRIKE>.
</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (b)&nbsp;with respect to the United Kingdom, Part&nbsp;I
of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule&nbsp;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).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Backstop
Credit Agreement</I></B>&rdquo; means that certain Backstop Credit Agreement, dated as of January&nbsp;27, 2021, by and among Parent,
the additional borrowers party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent thereunder.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Banking Services</I></B>&rdquo;
means each and any of the following bank services provided to any Loan Party or any of their Subsidiaries by any Lender or any
Affiliate thereof at the time of making or entering into such Banking Services (or any Banking Services in existence as of the
Effective Date): (a)&nbsp;credit cards for commercial customers (including, without limitation, &ldquo;commercial credit cards&rdquo;
and purchasing cards), (b)&nbsp;stored value cards, (c)&nbsp;merchant processing services, and (d)&nbsp;treasury management services
(including, without limitation, controlled disbursement, concentration, automated clearinghouse transactions, return items, any
direct debit scheme or arrangement, overdrafts and interstate depository network services).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Banking Services Obligations</I></B>&rdquo;
means any and all obligations of the Loan Parties or its Subsidiaries, whether absolute or contingent and howsoever and whensoever
created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor)
in connection with Banking Services.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Bankruptcy
Action</I></B>&rdquo; means any proceeding, filing or other action (whether judicial or non-judicial) seeking a liquidation, reorganization
or other relief under any federal, state or foreign bankruptcy, insolvency, receivership or other similar laws now or hereinafter
in effect, or any other cessation of operations and settlement with creditors.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><STRIKE>&ldquo;<B><I>Beneficial
Ownership Certification</I></B>&rdquo; means a certification regarding beneficial ownership as required by the Beneficial Ownership
Regulation.</STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><STRIKE>&ldquo;<B><I>Beneficial
Ownership Regulation</I></B>&rdquo; means 31 C.F.R. &sect; 1010.230.</STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Bankruptcy Code</I></B>&rdquo;
means Title 11 of the United States Code entitled &ldquo;Bankruptcy&rdquo;, as now and hereafter in effect, or any successor statute.</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"></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-indent: 0.5in">&ldquo;<B><I>Bankruptcy Event</I></B>&rdquo;
means, with respect to any Person, such Person becomes the subject of a voluntary or involuntary bankruptcy or insolvency proceeding,
or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person
charged with the reorganization or liquidation of its business appointed for it, or, in the good faith determination of the Administrative
Agent, has taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any such proceeding
or appointment or has had any order for relief in such proceeding entered in respect thereof, provided that a Bankruptcy Event
shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a
Governmental Authority or instrumentality thereof, unless such ownership interest results in or provides such Person with immunity
from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets
or permits such Person (or such Governmental Authority or instrumentality) to reject, repudiate, disavow or disaffirm any contracts
or agreements made by such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><STRIKE>&ldquo;<B><I>Bankruptcy
Action</I></B>&rdquo; means any proceeding, filing or other action (whether judicial or non-judicial) seeking a liquidation, reorganization
or other relief under any federal, state or foreign bankruptcy, insolvency, receivership or other similar laws now or hereinafter
in effect, or any other cessation of operations and settlement with creditors.</STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Benchmark</I></B>&rdquo;
means, initially, the LIBO Rate; provided, that if a Benchmark Transition Event, a Term SOFR Transition Event or an Early Opt-in
Election, as applicable, and its related Benchmark Replacement Date have occurred with respect to LIBO Rate or the then-current
Benchmark, then &ldquo;Benchmark&rdquo; means the applicable Benchmark Replacement to the extent that such Benchmark Replacement
has replaced such prior benchmark rate pursuant to clause (b)&nbsp;or clause (c)&nbsp;of Section&nbsp;2.14.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Benchmark
Replacement</I></B>&rdquo; means, for any Available Tenor, the first alternative set forth in the order below that can be determined
by the Administrative Agent for the applicable Benchmark Replacement Date; provided, that in the case of any Loan denominated in
any Offshore Currency, &ldquo;Benchmark Replacement&rdquo; shall mean the alternative set forth in (3)&nbsp;below:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(1)&nbsp;the
sum of: (a)&nbsp;Term SOFR and (b)&nbsp;the related Benchmark Replacement Adjustment;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(2)&nbsp;the
sum of: (a)&nbsp;Daily Simple SOFR and (b)&nbsp;the related Benchmark Replacement Adjustment;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(3)&nbsp;the
sum of: (a)&nbsp;the alternate benchmark rate that has been selected by the Administrative Agent and the Borrowers as the replacement
for the then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i)&nbsp;any selection or recommendation
of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant Governmental Body or (ii)&nbsp;any
evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark
for syndicated credit facilities denominated in the applicable currency at such time and (b)&nbsp;the related Benchmark Replacement
Adjustment;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>provided
that, in the case of clause (1), such Unadjusted Benchmark Replacement is displayed on a screen or other information service that
publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion; provided further that,
solely with respect to a Loan denominated in Dollars, notwithstanding anything to the contrary in this Agreement or in any other
Loan Document, upon the occurrence of a Term SOFR Transition Event, and the delivery of a Term SOFR Notice,&nbsp; on the applicable
Benchmark Replacement Date the &ldquo;Benchmark Replacement&rdquo; shall revert to and shall be deemed to be the sum of (a)&nbsp;Term
SOFR and (b)&nbsp;the related Benchmark Replacement Adjustment, as set forth in clause (1)&nbsp;of this definition (subject to
the first proviso above).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>If
the Benchmark Replacement as determined pursuant to clause (1), (2)&nbsp;or (3)&nbsp;above would be less than the Floor, the Benchmark
Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Benchmark
Replacement Adjustment</I></B>&rdquo; means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark
Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(1)&nbsp;for
purposes of clauses (1)&nbsp;and (2)&nbsp;of the definition of &ldquo;Benchmark Replacement,&rdquo; the first alternative set forth
in the order below that can be determined by the Administrative Agent:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)&nbsp;the
spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value
or zero) as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended
by the Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for
the applicable Corresponding Tenor;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)&nbsp;the
spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first
set for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions
to be effective upon an index cessation event with respect to such Benchmark for the applicable Corresponding Tenor; and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(2)&nbsp;for
purposes of clause (3)&nbsp;of the definition of &ldquo;Benchmark Replacement,&rdquo; 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 Borrowers for the applicable Corresponding Tenor giving due consideration to (i)&nbsp;any selection or recommendation
of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark
with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark Replacement
Date and/or (ii)&nbsp;any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating
or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement
for syndicated credit facilities denominated in the applicable agreed currency at such time;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>provided
that, in the case of clause (1)&nbsp;above, such adjustment is displayed on a screen or other information service that publishes
such Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>Benchmark
Replacement Conforming Changes</I></B>&rdquo; means, with respect to any Benchmark Replacement, any technical, administrative or
operational changes (including changes to the definition of &ldquo;Alternate Base Rate,&rdquo; the definition of &ldquo;Business
Day,&rdquo; the definition of &ldquo;Interest Period,&rdquo; timing and frequency of determining rates and making payments of interest,
timing of borrowing requests or prepayment, conversion or continuation notices, length of lookback periods, the applicability of
breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent reasonably 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
in its reasonable discretion that adoption of any portion of such market practice is not administratively feasible or if the Administrative
Agent determines in its reasonable discretion that no market practice for the administration of such Benchmark Replacement exists,
in such other manner of administration as the Administrative Agent decides is reasonably</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">necessary
in connection with the </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">administration of this Agreement and
the other Loan Documents).</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Benchmark
Replacement Date</I></B>&rdquo; means, with respect to any Benchmark, the earliest to occur of the following events with respect
to such then-current Benchmark:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(1)&nbsp;in
the case of clause (1)&nbsp;or (2)&nbsp;of the definition of &ldquo;Benchmark Transition Event,&rdquo; the later of (a)&nbsp;the
date of the public statement or publication of information referenced therein and (b)&nbsp;the date on which the administrator
of such Benchmark (or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all
Available Tenors of such Benchmark (or such component thereof);</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(2)&nbsp;in
the case of clause (3)&nbsp;of the definition of &ldquo;Benchmark Transition Event,&rdquo; the date of the public statement or
publication of information referenced therein; or</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(3)&nbsp;in
the case of a Term SOFR Transition Event, the date that is thirty (30) days after the date a Term SOFR Notice is provided to the
Lenders and the Borrowers pursuant to Section&nbsp;2.14(c); or</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(4)&nbsp;in
the case of an Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided
to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m.&nbsp;(New York City time) on the fifth (5th)
Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such
Early Opt-in Election from Lenders comprising the Required Lenders.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>For
the avoidance of doubt, (i)&nbsp;if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier
than, the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior
to the Reference Time for such determination and (ii)&nbsp;the &ldquo;Benchmark Replacement Date&rdquo; will be deemed to have
occurred in the case of clause (1)&nbsp;or (2)&nbsp;with respect to any Benchmark upon the occurrence of the applicable event or
events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published component used in
the calculation thereof).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Benchmark
Transition Event</I></B>&rdquo; means, with respect to any Benchmark, the occurrence of one or more of the following events with
respect to such then-current Benchmark:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(1)&nbsp;a
public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component
used in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of
such Benchmark (or such component thereof), permanently or indefinitely, provided that, at the time of such statement or publication,
there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(2)&nbsp;a
public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof), the Federal Reserve Board, the NYFRB, an insolvency official with jurisdiction over
the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator for such
Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator for
such Benchmark (or such component), in each case which states that the administrator of such Benchmark (or such component) has
ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely;
provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide
any Available Tenor of such Benchmark (or such component thereof); or</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(3)&nbsp;a
public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are
no longer representative.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>For
the avoidance of doubt, a &ldquo;Benchmark Transition Event&rdquo; will be deemed to have occurred with respect to any Benchmark
if a public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor
of such Benchmark (or the published component used in the calculation thereof).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Benchmark
Unavailability Period</I></B>&rdquo; means, with respect to any Benchmark, the period (if any) (x)&nbsp;beginning at the time that
a Benchmark Replacement Date pursuant to clauses (1)&nbsp;or (2)&nbsp;of that definition has occurred if, at such time, no Benchmark
Replacement has replaced such then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with
Section&nbsp;2.14 and (y)&nbsp;ending at the time that a Benchmark Replacement has replaced such then-current Benchmark for all
purposes hereunder and under any Loan Document in accordance with Section&nbsp;2.14.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green"><U>&ldquo;<B><I>Beneficial
Ownership Certification</I></B>&rdquo; means a certification regarding beneficial ownership </U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">or
control</FONT></U><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">as required by the Beneficial Ownership Regulation.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Beneficial
Ownership Regulation</I></B>&rdquo; means 31 C.F.R. &sect; 1010.230.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Benefit Plan</I></B>&rdquo;
means any of (a)&nbsp;an &ldquo;employee benefit plan&rdquo; (as defined in Section&nbsp;3(3)&nbsp;of ERISA) that is subject to
Title I of ERISA, (b)&nbsp;a &ldquo;plan&rdquo; as defined in Section&nbsp;4975 of the Code to which Section&nbsp;4975 of the Code
applies, and (c)&nbsp;any Person whose assets include (for purposes of the Plan Asset Regulations or otherwise for purposes of
Title I of ERISA or Section&nbsp;4975 of the Code) the assets of any such &ldquo;employee benefit plan&rdquo; or &ldquo;plan&rdquo;.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>BHC
Act Affiliate</I></B>&rdquo; of a party means an &ldquo;affiliate&rsquo; (as such term is defined under, and interpreted in accordance
with, 12 U.S.C. 1841(k)) of such party.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Borrower</I></B>&rdquo; and/or
 &ldquo;<B><I>Borrowers</I></B>&rdquo; has the meaning set forth in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Borrowing</I></B>&rdquo; means
(a)&nbsp;Revolving Loans of the same Class&nbsp;and Type, made, converted or continued on the same date and, in the case of Eurodollar
Loans, as to which a single Interest Period is in effect, (b)&nbsp;Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loans of the same Class&nbsp;and Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to
which a single Interest Period is in effect, <FONT STYLE="color: red"><STRIKE>or </STRIKE></FONT>(c)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Term
B Loans of the same Class&nbsp;and Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as
to which a single Interest Period is in effect or (d)</U></FONT>&nbsp;a Swingline Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Borrowing Request</I></B>&rdquo;
means a request by the applicable Borrower for a <FONT STYLE="color: red"><STRIKE>Revolving </STRIKE></FONT>Borrowing in accordance
with Section&nbsp;2.03, which shall be, in the case of any such written request, substantially in the form of Exhibit&nbsp;B or
any other form approved by the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Brazil Tax Assessment</I></B>&rdquo;
means those certain tax assessments existing as of the Effective Date against SWM Brazil by the tax authorities of the State of
Rio de Janeiro, Brazil with respect to the transaction tax on the Circulation of Goods and Services for Interstate and Intermunicipal
Transportation and Communications (ICMS) for the period from January&nbsp;1995 through November&nbsp;2017.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Business Day</I></B>&rdquo;
means any day that is not a Saturday, Sunday or other day on which commercial banks in New&nbsp;York City are authorized or required
by law to remain closed; <U>provided</U> that, if a determination of a Business Day shall relate to (a)&nbsp;a Eurodollar Loan,
the term &ldquo;Business Day&rdquo; shall also exclude any day on which banks are closed for dealings in U.S. Dollar deposits in
the London interbank market, (b)&nbsp;an Offshore Currency Loan or Letter of Credit denominated in Euros, or any other dealings
in Euros to be carried out pursuant to this Agreement, the term &ldquo;Business Day&rdquo; shall also exclude any day that is not
a TARGET Day, (c)&nbsp;any other Loan or Letter of Credit in any Offshore Currency, the term &ldquo;Business Day&rdquo; shall also
exclude any day on which dealings in deposits in the relevant Offshore Currency are not conducted by and between banks in the applicable
offshore interbank market for such Offshore Currency and (d)&nbsp;any Foreign Borrower, the term &ldquo;Business Day&rdquo; shall
also exclude any day on which banks in the Grand-Duchy of Luxembourg are authorized or required by law to remain closed.</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"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Capital
Expenditures</I></B>&rdquo; means, for any period, with respect to any Person, the aggregate of all expenditures by such Person
and its Restricted Subsidiaries for the acquisition or leasing (pursuant to a capital lease) of fixed or capital assets or additions
to equipment (including replacements, capitalized repairs and improvements during such period) that should be capitalized under
GAAP on a consolidated balance sheet of such Person and its Restricted Subsidiaries.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Capital Lease Obligations</I></B>&rdquo;
of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying
the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted
for as capital leases or financing leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall
be the capitalized amount thereof determined in accordance with GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Borrowing Date</I></B>&rdquo; means the date of any Borrowing of Term B Loans or Certain Funds Revolving Loans.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Default</I></B>&rdquo; means an Event of Default arising from any of the following, with respect to the U.S. Borrower or
any Acquisition Co (if any) only (and not, for the avoidance of doubt, with respect to any member of the Target Group or any obligation
to procure performance by any other person and in particular any member of the Target Group):</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>paragraphs (a)&nbsp;and (b)&nbsp;of Article&nbsp;VII as it relates
to the payment of principal of, or interest on, Certain Funds Revolving Loans or Term B Loans;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>paragraph (c)&nbsp;of Article&nbsp;VII as it relates to a Certain
Funds Representation;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>paragraph (d)&nbsp;of Article&nbsp;VII as it relates to the failure
to perform any of the following covenants: Section&nbsp;5.03(a), Section&nbsp;5.08(a)&nbsp;(with respect to the first three sentences
thereof), Section&nbsp;5.15 (other than paragraphs (e), (g), (h), (j), (k), (l)&nbsp;and (m)&nbsp;thereof), Section&nbsp;6.01,
Section&nbsp;6.02, Section&nbsp;6.03(a), Section&nbsp;6.04, Section&nbsp;6.05 or Section&nbsp;6.07;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iv)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>paragraphs (h), (i)&nbsp;and (j)&nbsp;of Article&nbsp;VII, but excluding,
in relation to involuntary proceedings, any Event of Default caused by a frivolous or vexatious (and in either case, lacking in
merit) action, proceeding or petition in respect of which no order or decree in respect of such involuntary proceeding shall have
been entered; or</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(v)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>paragraph (m)&nbsp;of Article&nbsp;VII (but solely for these purposes
the reference to 35% in the definition of &ldquo;Change in Control&rdquo; shall instead be deemed to be a reference to 50%).</U></FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Period</I></B>&rdquo; means the period starting on the First Amendment Effective Date and ending on the earlier of (a)&nbsp;the
Certain Funds Termination Time and (b)&nbsp;the Long Stop Date.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Purposes</I></B>&rdquo; means:</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>where the Target Acquisition proceeds
by way of a Scheme:</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>payment (directly or indirectly) of the cash price payable by any
Borrower or any Acquisition Co (if any) to the holders of the Scheme Shares in consideration of such Scheme Shares being acquired
by any Borrower or any Acquisition Co (if any);</U></FONT></TD></TR></TABLE>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>repayment (directly or indirectly) of any loan notes issued by any
Borrower or any Acquisition Co (if any) to the holders of the Scheme Shares in consideration for such Scheme Shares being acquired
pursuant to the Scheme;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the consideration payable to
holders of options to acquire Target Shares pursuant to any proposal in respect of those options as required by the City Code;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iv)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the repayment of any existing
indebtedness of any member of the Target Group;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(v)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the making of any close-out amount
or other amount payable on termination of any hedging arrangements of any member of the Target Group; and</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(vi)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the fees, costs and expenses
in respect of the Transactions and any stamp duty and any other taxes payable in connection with the Target Acquisition; or</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>where the Target Acquisition proceeds
by way of a Takeover Offer:</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>payment (directly or indirectly) of all or part of the cash price
payable by any Borrower or any Acquisition Co (if any) to the holders of the Target Shares subject to the Takeover Offer in consideration
of the acquisition of such Target Shares pursuant to the Takeover Offer;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) Squeeze-Out Payments;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the consideration payable to
holders of options to acquire Target Shares pursuant to any proposal in respect of those options as required by the City Code;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iv)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the repayment of any existing
indebtedness of any member of the Target Group;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(v)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the making of any close-out amount
or other amount payable on termination of any hedging arrangements of any member of the Target Group; and</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(vi)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financing (directly or indirectly) the fees, costs and expenses
in respect of the Transactions and any stamp duty and any other taxes payable in connection with the Target Acquisition.</U></FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Representations</I></B>&rdquo; means each of the representations made by the U.S. Borrower or any Acquisition Co (with respect
to themselves only, and not, for the avoidance of doubt, with respect to any member of the Target Group or any obligation to procure
performance by any other Person and in particular any member of the Target Group), set out in the first sentence of Section&nbsp;3.01
and Sections 3.02, 3.03 and 3.25.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Revolving Loans</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;5.08(a).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Certain
Funds Termination Time</I></B>&rdquo; means 11:59 p.m.&nbsp;(London Time) on the first date on which a Mandatory Cancellation Event
occurs or exists; provided that, in respect of clauses (a)(i)&nbsp;through (iii)&nbsp;of the definition of &ldquo;Mandatory Cancellation
Event&rdquo;, if for the purposes of switching from a Scheme to a Takeover Offer, within five (5)&nbsp;Business Days of such event,
Parent has notified the Administrative Agent it intends to issue, and then within ten (10)&nbsp;Business Days after delivery of
such notice does issue, an Offer Press Announcement, no Mandatory Cancellation Event shall have occurred pursuant to any such clause.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Change in Control</I></B>&rdquo;
means the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group (within the meaning
of the Securities Exchange Act of 1934 and the rules&nbsp;of the SEC thereunder as in effect on the date hereof), of Equity Interests
representing more than 35% of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of
Parent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Change in Law</I></B>&rdquo;
means the occurrence after the date of this Agreement <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(</U></FONT>or,
with respect to any Lender, such later date on which such Lender becomes a party to this Agreement) of (a)&nbsp;the adoption of
or taking effect of any law, rule, regulation or treaty, (b)&nbsp;any change in any law, rule, regulation or treaty or in the administration,
interpretation, implementation or application thereof by any Governmental Authority or (c)&nbsp;compliance by any Lender or Issuing
Bank (or, for purposes of Section&nbsp;2.15(b), by any lending office of such Lender or by such Lender&rsquo;s or Issuing Bank&rsquo;s
holding company, if any) with any request, guideline or directive (whether or not having the force of law) of any Governmental
Authority made or issued after the date of this Agreement; <U>provided</U> that, notwithstanding anything herein to the contrary,
(x)&nbsp;the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder
or issued in connection therewith or in the implementation thereof and (y)&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
 &ldquo;Change in Law,&rdquo; regardless of the date enacted, adopted, issued or implemented.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Charges</I></B>&rdquo; has
the meaning assigned to such term in Section&nbsp;9.14.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>City
Code</I></B>&rdquo; means the City Code on Takeovers and Mergers, as amended.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Class</I></B>&rdquo; when used
in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are U.S. Revolving
Loans, EUR Revolving Loans, Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Term
B Loans, U.S. Revolving Commitments, EUR Revolving Commitments, Term A Commitments, Term B Commitments</U></FONT> or Swingline
Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Clean-Up
Date</I></B>&rdquo; has the meaning assigned to such term in Article&nbsp;VII.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Closing
Date</I></B>&rdquo; means the date on which the conditions specified in Section&nbsp;4.02 are satisfied (or waived in accordance
with Section&nbsp;9.02).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Code</I></B>&rdquo; means the
Internal Revenue Code of 1986, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Collateral</I></B>&rdquo; means
any and all personal property owned, leased or operated by any Loan Party, now existing or hereafter acquired, that may at any
time be, become or be intended to be, subject to a security interest or Lien in favor of the Administrative Agent, on behalf of
itself and the Lenders and other Secured Parties, to secure the Secured Obligations; provided, however, that Collateral shall not
include the Excluded Assets.</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"></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-indent: 0.5in">&ldquo;<B><I>Collateral Documents</I></B>&rdquo;
means, collectively, the Security Agreement, the Pledge Agreement and any other agreements, instruments and documents executed
in connection with this Agreement that are intended to create, perfect or evidence Liens to secure the Secured Obligations, including,
without limitation, all other security agreements, pledge agreements, guarantees whether theretofore, now or hereafter executed
by any Loan Party and delivered to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Commitment</I></B>&rdquo; means,
with respect to each Lender, such Lender&rsquo;s Term Loan Commitment and Revolving Commitment, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Commitment
Schedule</I></B>&rdquo; means Schedule 2.01A</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Commodity Exchange Act</I></B>&rdquo;
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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Communications</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;8.03(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Computation Date</I></B>&rdquo;
means (a)&nbsp;each date of a delivery of a Borrowing Request, (b)&nbsp;with respect to any Letter of Credit, each of the following:
(i)&nbsp;each date of a Borrower&rsquo;s delivery of a request for the issuance of a Letter of Credit, (ii)&nbsp;each date of a
Borrower&rsquo;s request for an amendment of any such Letter of Credit having the effect of increasing the amount thereof, and
(iii)&nbsp;each date of any payment by the Issuing Bank under any Letter of Credit, and (c)&nbsp;the last day of each fiscal quarter.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Consolidated Income Tax Expense</I></B>&rdquo;
means, with respect to Parent and its Restricted Subsidiaries for any period, the provision for taxes based on income or profits
or capital, including, without limitation, federal, state, provincial, local, foreign, unitary, excise, property, franchise and
similar taxes and foreign withholding and similar taxes, in each case of Parent and its Restricted Subsidiaries for such period
as determined on a consolidated basis in accordance with GAAP paid or accrued during such period, including any penalties and interest
related to such taxes or arising from any tax examinations, to the extent the same were deducted in computing Net Income.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Consolidated Non-cash Charges</I></B>&rdquo;
means, with respect to Parent and its Restricted Subsidiaries for any period, the aggregate depreciation, amortization (including
amortization of goodwill, other intangibles, deferred financing fees, debt issuance costs, commissions, fees and expenses) and
other non-cash expenses, charges, losses and other items of Parent and its Restricted Subsidiaries reducing Net Income of Parent
and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP (excluding any charge
which requires an accrual of or a reserve for cash charges for any future period).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Consolidated Total Assets</I></B>&rdquo;
means, as of any date of determination, the total amount of assets of the U.S. Borrower and its Restricted Subsidiaries or, in
the case of Foreign Subsidiaries, the total assets of such Foreign Subsidiaries on an combined basis, determined on a consolidated
basis in accordance with GAAP, as reflected in most recent balance sheet delivered pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or
<U>5.01(b)</U>, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Contract
Consideration</I></B>&rdquo; has the meaning assigned to such term in the definition of &ldquo;Excess Cash Flow&rdquo;.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Control</I></B>&rdquo; 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. &ldquo;<B><I>Controlling</I></B>&rdquo; and &ldquo;<B><I>Controlled</I></B>&rdquo;
have meanings correlative thereto.</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"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Corresponding
Tenor</I></B>&rdquo; with respect to any Available Tenor means, as applicable, either a tenor (including overnight) or an interest
payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. &ldquo;<B><I>Court</I></B>&rdquo;
means the High Court of Justice of England and Wales.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Court
Meeting</I></B>&rdquo; means the meeting or meetings of Scheme Shareholders (or any adjournment thereof) to be convened at the
direction of the Companies Court in the Chancery Division of the High Court of Justice of England and Wales (the &ldquo;Court&rdquo;)
for the purposes of considering and, if thought fit, approving the Scheme.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Covered
Entity</I></B>&rdquo; means any of the following:</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a &ldquo;covered entity&rdquo; as that term is defined in, and interpreted
in accordance with, 12 C.F.R. &sect; 252.82(b);</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a &ldquo;covered bank&rdquo; as that term is defined in, and interpreted
in accordance with, 12 C.F.R. &sect; 47.3(b); or</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a &ldquo;covered FSI&rdquo; as that term is defined in, and interpreted
in accordance with, 12 C.F.R. &sect; 382.2(b).</U></FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Covered
Party</I></B>&rdquo; has the meaning assigned to it in Section&nbsp;9.19.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Credit Event</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;</U><FONT STYLE="color: red"><STRIKE>4.02</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>4.04</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Credit Party</I></B>&rdquo;
means the Administrative Agent, each Issuing Bank, the Swingline Lenders or any other Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Daily
Simple SOFR</I></B>&rdquo; means, for any day, SOFR, with the conventions for this rate (which will include a lookback) being established
by the Administrative Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental
Body for determining &ldquo;Daily Simple SOFR&rdquo; for business loans; provided, that, if the Administrative Agent decides that
any such convention is not administratively feasible for the Administrative Agent, then the Administrative Agent may establish
another convention in its reasonable discretion.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Declining
Lender</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.11(i).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Default</I></B>&rdquo; means
any event or condition which constitutes an Event of Default or which upon notice, lapse of time or both would, unless cured or
waived, become an Event of Default.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Default
Right</I></B>&rdquo; 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.</U></FONT></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Defaulting Lender</I></B>&rdquo;
means any Lender that (a)&nbsp;has failed, within two (2)&nbsp;Business Days of the date required to be funded or paid, to (i)&nbsp;fund
any portion of its Loans, (ii)&nbsp;fund any portion of its participations in Letters of Credit or Swingline Loans or (iii)&nbsp;pay
over to any Credit Party any other amount required to be paid by it hereunder, unless, in the case of clause (i)&nbsp;above, such
Lender notifies the Administrative Agent in writing that such failure is the result of such Lender&rsquo;s good faith determination
that a condition precedent to funding (specifically identified and including the particular default, if any) has not been satisfied,
(b)&nbsp;has notified the Administrative Agent and Parent in writing, or has made a public statement to the effect, that it does
not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement
indicates that such position is based on such Lender&rsquo;s good faith determination that a condition precedent (specifically
identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or generally
under other agreements in which it commits to extend credit, (c)&nbsp;has failed, within three Business Days after request by a
Credit Party, acting in good faith, to provide a certification in writing from an authorized officer of such Lender that it will
comply with its obligations (and is financially able to meet such obligations) to fund prospective Loans and participations in
then outstanding Letters of Credit and Swingline Loans under this Agreement, provided that such Lender shall cease to be a Defaulting
Lender pursuant to this clause (c)&nbsp;upon such Credit Party&rsquo;s receipt of such certification in form and substance satisfactory
to it and the Administrative Agent, or (d)&nbsp;has become the subject of (A)&nbsp;a Bankruptcy Event or (B)&nbsp;a&nbsp;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 or from
the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject,
repudiate, disavow or disaffirm any contracts or agreements made with such Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><STRIKE>&ldquo;<B><I>Delaware
LLC</I></B>&rdquo; means any limited liability company organized or formed under the laws of the State of Delaware.</STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Delaware Divided LLC</I></B>&rdquo;
means any Delaware LLC which has been formed upon the consummation of a Delaware LLC Division.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Delaware
LLC</I></B>&rdquo; means any limited liability company organized or formed under the laws of the State of Delaware.</U></FONT></P>

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

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Delaware LLC Divisions</I></B>&rdquo;
means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section&nbsp;18-217 of the Delaware
Limited Liability Company Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Disclosed Matters</I></B>&rdquo;
means the actions, suits and proceedings and the environmental matters disclosed in Schedule 3.06.</P>

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

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Domestic Subsidiary</I></B>&rdquo;
means any direct or indirect Subsidiary of Parent that is organized under the laws of the United States, any State or commonwealth
thereof (not including any territory or possession thereof) 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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Early
Opt-in Election</I></B>&rdquo; means:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)&nbsp;</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in
the case of Loans denominated in Dollars, the occurrence of:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a
notification by the Administrative Agent to (or the request by the Borrowers to the Administrative Agent to notify) each of the
other parties hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time contain
(as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a term SOFR or any other rate based upon
SOFR) as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review),
and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
joint election by the Administrative Agent and the Borrowers to trigger a fallback from LIBO Rate and the provision by the Administrative
Agent of written notice of such election to the Lenders; and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)&nbsp;</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in
the case of Loans</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">denominated in an Offshore Currency, </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">the
occurrence of:</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)&nbsp;</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(A)&nbsp;a
determination by the Administrative Agent or (B)&nbsp;a notification by the Required Lenders to the Administrative Agent (with
a copy to the Borrowers) that the Required Lenders have determined that syndicated credit facilities denominated in the applicable
Offshore Currency being executed at such time, or that include language similar to that contained in Section&nbsp;2.14 are being
executed or amended, as applicable, to incorporate or adopt a new benchmark interest rate to replace the Relevant Rate, and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)&nbsp;</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(A)&nbsp;the
election by the Administrative Agent or (B)&nbsp;the election by the Required 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 Borrowers
and the Lenders or by the Required Lenders of written notice of such election to the Administrative Agent.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EBITDA</I></B>&rdquo; means,
with respect to Parent and its Restricted Subsidiaries, for any period:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>the sum of, without duplication, the amounts for such period, taken as a single accounting period, of:</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)</FONT></TD><TD>Net Income;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>Consolidated Non-cash Charges;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD>Interest Expense to the extent deducted in computing Net Income;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD>Consolidated Income Tax Expense;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(e)</TD><TD>(i) any net loss from discontinued operations and (ii)&nbsp;any fees, costs, expenses or charges related to any actual,
                                                                proposed or contemplated issuance or registration (actual or proposed) of any Equity Interests or any Investment,
                                                                acquisition, disposition, asset sale, recapitalization, Restricted Payment, or the incurrence or registration (actual or
                                                                proposed) of Indebtedness (including a refinancing thereof)(in each case, whether or not consummated or successful),
                                                                including (x)&nbsp;such fees, expenses or charges related to the offering of the Senior Notes or the entry and maintenance of
                                                                any credit facilities, including the Loans hereunder and (y)&nbsp;any amendment, waiver or other modification of the Senior
                                                                Notes or any documents governing the Senior Notes, the Loan Documents, any other Indebtedness or any offering of Equity
                                                                Interests, in each case, whether or not consummated, to the extent the same was deducted in computing Net Income;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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: 0.75in"></TD><TD STYLE="width: 0.5in; text-align: left">(f)</TD><TD STYLE="text-align: left">any costs or expenses incurred by Parent or a Restricted
Subsidiary pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or agreement,
any stock subscription or shareholder agreement, to the extent that such costs or expenses are funded with cash proceeds contributed
to the capital of Parent or net cash proceeds of an issuance of Equity Interests of Parent, to the extent the same was deducted
in computing Net Income;</TD>
</TR></TABLE>



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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(g)</TD><TD>any (i)&nbsp;restructuring charges, reserves, integration costs or other business optimization expenses or costs (including
charges directly related to implementation of cost-savings initiatives), that are deducted in such period in computing Net Income,
including, without limitation, those related to severance, retention, signing bonuses, relocation, recruiting and other employee
related costs, contract termination costs, future lease commitments and costs related to the opening and closure and/or consolidation
of facilities, (ii)&nbsp;reduction in costs and other operating improvements, costs savings and synergies (without duplication)
determined by Parent in good faith to be realized as a result of specified actions taken or expected to be taken prior to or during
such period (which cost savings, improvements or cost-saving synergies shall be subject only to certification by a Financial Officer
of Parent and shall be calculated on a pro forma basis as though such cost savings, improvements or cost-saving synergies had been
realized on the first day of such period), net of the amount of actual benefits realized during such period from such actions;
<U>provided</U> that (A)&nbsp;such cost savings, improvements or synergies are reasonably identifiable and factually supportable
and (B)&nbsp;such actions have been taken or are expected to be taken within 18 months after the date of determination to take
such action and (iii)&nbsp;non-recurring charges or expenses of Parent or its Restricted Subsidiaries or of a company or business
acquired by Parent or its Restricted Subsidiaries (in each case, including those relating to severance, relocation costs and one
time compensation charges and any charges or expenses in connection with conforming accounting policies or re-audited, combining
or restating financial information) that are deducted in such period in computing Net Income, in each case, incurred in connection
with the purchase or acquisition of such acquired company or business by Parent or its Restricted Subsidiaries; <U>provided</U>,
that the aggregate amount added back pursuant to this clause (g)&nbsp;in any four quarter period shall not exceed 15.0% of EBITDA
for such period (calculated prior to giving effect to any increase pursuant to this clause (g)); <I>minus</I></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>(a) (x)&nbsp;net gains from discontinued operations and (y)&nbsp;the amount of non-recurring gains;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)</FONT></TD><TD>an amount equal to any net gain realized by Parent or any of its Restricted Subsidiaries in connection with an Asset Disposition
or Excluded Asset Disposition, to the extent such gains were included in computing Net Income; and</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD>the effects of adjustments in any line item in Parent&rsquo;s consolidated financial statements in such period pursuant to
GAAP resulting from the applicability of purchase accounting;</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">in each case, on a consolidated basis and
determined in accordance with GAAP. In addition to and without limitation of the foregoing, for purposes of this definition and
to the extent otherwise provided for in this Agreement, &ldquo;EBITDA&rdquo; and &ldquo;Net Income&rdquo; (and the component definitions
thereof) shall be calculated after giving effect on a pro forma basis for the period of such calculation, to any Asset Dispositions
or other dispositions or asset acquisitions, investments, mergers, consolidations and discontinued operations (as determined in
accordance with GAAP) occurring during any period of four consecutive fiscal quarters (the &ldquo;<B><I>Reference Period</I></B>&rdquo;),
as if such Asset Disposition or other disposition or acquisition of assets, investment, merger, consolidation or discontinuance
of operations occurred on the first day of the Reference Period. For purposes of this definition, pro forma calculations shall
be made in the good faith determination of a Financial Officer of Parent. Any such pro forma calculation may include, without limitation,
adjustments calculated in accordance with Regulation S-X under the Securities Act of 1933, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>ECF
Percentage</I></B>&rdquo; means 50%; provided, that with respect to any fiscal year of Parent ending after the Closing Date, the
ECF Percentage shall be reduced to 25% and 0%, respectively, if as of the last day of the applicable fiscal year Parent&rsquo;s
Net Debt to EBITDA Ratio was less than 3.50: 1.00 or 3.00: 1.00, respectively.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>EEA Financial Institution</I></B>&rdquo;
means (a)&nbsp;any <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>credit</U></FONT> institution <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or
investment firm</U></FONT> established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority,
(b)&nbsp;any entity established in an EEA Member Country which is a parent of an institution described in clause (a)&nbsp;of this
definition, or (c)&nbsp;any <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>financial</U></FONT> institution established
in an EEA Member Country which is a subsidiary of an institution described in clauses (a)&nbsp;or (b)&nbsp;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">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EEA Resolution Authority</I></B>&rdquo;
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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Effective
Date</I></B>&rdquo; means <FONT STYLE="color: green"><STRIKE>the date on which the conditions specified in Section&nbsp;4.01
are satisfied (or waived in accordance with Section&nbsp;9.02)</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>September&nbsp;25,
2018</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Electing Guarantors</I></B>&rdquo;
means any Excluded Subsidiary that, at the option, and in the sole discretion, of Parent has been designated a Loan Party and is
reasonably acceptable to the Administrative Agent; <U>provided</U>, that no Electing Guarantors shall be re-designated as Excluded
Subsidiaries to the extent an Event of Default has occurred and is continuing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Electronic Signature</I></B>&rdquo;
means an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a person
with the intent to sign, authenticate or accept such contract or record.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EMU</I></B>&rdquo; means the
economic and monetary union in accordance with the Treaty of Rome 1957, as amended by the Single European Act 1986, the Maastricht
Treaty of 1992 and the Amsterdam Treaty of 1998.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EMU Legislation</I></B>&rdquo;
means the legislative measures of the EMU for the introduction of, changeover to or operation of a single or unified European currency.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Environmental Laws</I></B>&rdquo;
means all laws, rules, regulations, codes, ordinances, orders, decrees, judgments, injunctions, notices or binding agreements issued,
promulgated or entered into by any Governmental Authority, relating in any way to (i)&nbsp;the environment, (ii)&nbsp;preservation
or reclamation of natural resources, (iii)&nbsp;the management, release or threatened release of any Hazardous Material or (iv)&nbsp;health
and safety matters.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Environmental Liability</I></B>&rdquo;
means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties
or indemnities), of the Borrowers, any Restricted Subsidiary, or solely in respect of Section&nbsp;9.03(b), any other Subsidiary,
directly or indirectly resulting from or based upon (a)&nbsp;violation of any Environmental Law, (b)&nbsp;the generation, use,
handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c)&nbsp;exposure to any Hazardous Materials,
(d)&nbsp;the release or threatened release of any Hazardous Materials into the environment or (e)&nbsp;any contract, agreement
or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Equipment</I></B>&rdquo; shall
have the meaning assigned to such term in the New York Uniform Commercial Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Equity Interests</I></B>&rdquo;
means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests
in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof
to purchase or acquire any such equity interest, but excluding any debt securities convertible into any of the foregoing.</P>

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

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Equivalent Amount</I></B>&rdquo;
means, whenever this Agreement requires or permits a determination on any date of the equivalent in any currency (the &ldquo;base
currency&rdquo;) of an amount expressed in any other currency (the &ldquo;other currency&rdquo;), the equivalent amount in such
base currency of such amount expressed in the other currency as determined by the Administrative Agent or Borrowers, as applicable,
on such date on the basis of the Spot Rate for the purchase of the base currency with such other currency on the relevant Computation
Date provided for hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>ERISA</I></B>&rdquo; means
the Employee Retirement Income Security Act of 1974, as amended from time to time, and the rules&nbsp;and regulations promulgated
thereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>ERISA Affiliate</I></B>&rdquo;
means any trade or business (whether or not incorporated) that, together with any Borrower, is treated as a single employer under
Section&nbsp;414(b)&nbsp;or (c)&nbsp;of the Code or Section&nbsp;4001(14) of ERISA or, solely for purposes of Section&nbsp;302
of ERISA and Section&nbsp;412 of the Code, is treated as a single employer under Section&nbsp;414 of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>ERISA Event</I></B>&rdquo;
means (a)&nbsp;any &ldquo;reportable event&rdquo;, as defined in Section&nbsp;4043 of ERISA or the regulations issued thereunder
with respect to a Plan (other than an event for which the 30 day notice period is waived); (b)&nbsp;the failure to satisfy the
 &ldquo;minimum funding standard&rdquo; (as defined in Section&nbsp;412 of the Code or Section&nbsp;302 of ERISA), whether or not
waived<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, with respect to a Plan</U></FONT>; (c)&nbsp;the filing pursuant
to Section&nbsp;412(c)&nbsp;of the Code or Section&nbsp;302(c)&nbsp;of ERISA of an application for a waiver of the minimum funding
standard with respect to any Plan; (d)&nbsp;the incurrence by the Borrowers or any of their ERISA Affiliates of any liability under
Title&nbsp;IV of ERISA with respect to the termination of any Plan; (e)&nbsp;the receipt by the Borrowers or any ERISA Affiliate
from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan or Plans or to appoint a trustee
to administer any Plan; (f)&nbsp;the incurrence by the Borrowers or any of their ERISA Affiliates of any liability with respect
to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan; or (g)&nbsp;the receipt by the Borrowers or any ERISA
Affiliate of any notice imposing Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent
<FONT STYLE="color: red"><STRIKE>or in reorganization</STRIKE></FONT>, within the meaning of Title&nbsp;IV of ERISA.</P>

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

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EU Bail-In Legislation Schedule</I></B>&rdquo;
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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Euro</I></B>&rdquo;, &ldquo;<B><I>EUR</I></B>&rdquo;
and &ldquo;<B><I>&euro;</I></B>&rdquo; mean the lawful currency of the Participating Member States introduced in accordance with
the EMU Legislation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Eurodollar</I></B>&rdquo; when
used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest
at a rate determined by reference to the Adjusted LIBO Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EUR Revolving Commitment</I></B>&rdquo;
means, at any time, with respect to each Lender, the commitment, if any, of such Lender to make EUR Revolving Loans in Euros and
to acquire participations in Letters of Credit issued in Euros in connection therewith up to the amount set forth on the Commitment
Schedule (or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable) as such commitment
may be reduced or increased from time to time pursuant to (a)&nbsp;Section&nbsp;2.09 and (b)&nbsp;assignments by or to such Lender
pursuant to Section&nbsp;9.04. The EUR Revolving Commitment of each EUR Revolving Credit Lender is a sub-commitment of its Revolving
Commitment. The initial aggregate amount of the Lenders&rsquo; EUR Revolving Commitments is the Equivalent Amount in Euros of $480,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>EUR Revolving Credit Exposure</I></B>&rdquo;
means, with respect to any EUR Revolving Credit Lender at any time, the sum of the Equivalent Amount in U.S. Dollars of the outstanding
principal amount of such Lender&rsquo;s EUR Revolving Loans and its LC Exposure with respect to Letters of Credit issued in Euros
at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EUR Revolving Credit Lender</I></B>&rdquo;
means a Lender with a EUR Revolving Commitment or, if the EUR Revolving Commitments have terminated or expired, a Lender with EUR
Revolving Credit Exposure.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>EUR Revolving Loan</I></B>&rdquo;
means a Loan made pursuant to Section&nbsp;2.01(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Event of Default</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;7.01.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>Excess
Cash Flow</I></B>&rdquo; means for any fiscal year of Parent, the excess, if any, of (a)&nbsp;the sum, without duplication, of
(i)&nbsp;Net Income for such fiscal year, (ii)&nbsp;the amount of all non-cash charges (including depreciation and amortization)
deducted in arriving at such Net Income, (iii)&nbsp;decreases in working capital for such fiscal year and (iv)&nbsp;the aggregate
net amount of non-cash loss on Asset Dispositions during such fiscal year (other than sales of inventory in the ordinary course
of business) to the extent deducted in arriving at such Net Income over (b)&nbsp;the sum, without duplication, of (i)&nbsp;the
amount of all non-cash credits included in arriving at such Net Income, (ii)&nbsp;the aggregate amount actually paid by Parent
and its Restricted Subsidiaries in cash during such fiscal year on account of Capital Expenditures (except to the extent that such
Capital Expenditures made in cash were financed with the proceeds of Indebtedness of Parent or its Subsidiaries and any such Capital
Expenditures financed with the Net Cash Proceeds of any Asset Disposition that are retained by the Borrowers</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">pursuant
to clause (i)&nbsp;of </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">the proviso to Section&nbsp;2.11(e)),
(iii)&nbsp;the aggregate amount of all voluntary prepayments of Funded Debt (other than (A)&nbsp;the Term Loans, (B)&nbsp;Revolving
Loans and (C)&nbsp;any other revolving credit facility to the extent there is not an equivalent permanent reduction in commitments)
of Parent and its Restricted Subsidiaries made during such fiscal year to the extent that such prepayments were financed with internally
generated cash</FONT></U><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">of Parent and its Restricted Subsidiaries,
(</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">iv)&nbsp;the aggregate amount of all regularly scheduled
principal payments of Funded Debt (including the Term Loans) of Parent and its Restricted Subsidiaries made during such fiscal
year (other than in respect of any revolving credit facility to the extent there is not an equivalent permanent reduction in commitments
thereunder), (v)&nbsp;increases in working capital for such fiscal year, (vi)&nbsp;the aggregate net amount of non-cash gain on
Asset Dispositions during such fiscal year (other than sales of inventory in the ordinary course of business), (vii)&nbsp;the aggregate
amount of any premium, make-whole or penalty payments actually paid in cash by Parent and its Restricted Subsidiaries during such
period that are made in connection with any prepayment of Indebtedness, (viii)&nbsp;the amount of Taxes paid in cash or Tax reserves
set aside or payable (without duplication) with respect to such period to the extent they exceed the amount of Tax expense deducted
in determining net income for such period, (ix)&nbsp;cash expenditures in respect of Swap Agreements during such fiscal year, (x)&nbsp;without
duplication of amounts deducted pursuant to clause (xi)&nbsp;below in prior fiscal years, the aggregate amount of cash consideration
paid by Parent and its Restricted Subsidiaries (on a consolidated basis) in connection with Investments (including acquisitions)
made during such period in respect of Permitted Acquisitions or other acquisitions of property or assets from third parties pursuant
to Section&nbsp;6.05 to the extent that such amounts were financed with internally generated cash of Parent and its Restricted
Subsidiaries, (xi)&nbsp;without duplication of amounts deducted from Excess Cash Flow in prior periods, the aggregate consideration
required to be paid in cash by Parent or any of its Restricted Subsidiaries pursuant to binding contracts (the &ldquo;<B><I>Contract
Consideration</I></B>&rdquo;) entered into prior to or during such period relating to Permitted Acquisitions or Capital Expenditures
or acquisitions of intellectual property to be consummated or made during the period of four consecutive fiscal quarters of Parent
following the end of such period, provided that to the extent the aggregate amount of internally generated cash actually utilized
to finance such Permitted Acquisitions or Capital Expenditures or acquisitions of intellectual property during such period of four
consecutive fiscal quarters is less than the Contract Consideration, the amount of such shortfall shall be added to the calculation
of Excess Cash Flow at the end of such period of four consecutive fiscal quarters, in each case, to the extent included in arriving
at such Net Income and (xii)&nbsp;without duplication in any subsequent period and to the extent that such amounts were financed
with internally generated cash of Parent and its Restricted Subsidiaries, the amount of Restricted Payments actually paid and permitted
to be paid pursuant to Section&nbsp;6.07(a)(iv)&nbsp;and/or (v)&nbsp;during such period or after the last day of such period and
prior to the date for which the applicable Excess Cash Flow prepayment is required under Section&nbsp;2.11(g).&nbsp; For the avoidance
of doubt, for purposes of calculating &ldquo;Excess Cash Flow&rdquo;, Net Income shall not include the consolidated net income
(or loss) of a Person earned prior to the date such Person becomes a Restricted Subsidiary.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Excess
Cash Flow Application Date</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.11(g).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Excluded Assets</I></B>&rdquo;
means (i)&nbsp;all leasehold interests in real property, (ii)&nbsp;all fee-owned real property, (iii)&nbsp;interests in partnerships,
joint ventures and non-wholly-owned subsidiaries which cannot be pledged without the consent of one or more third parties pursuant
to the applicable partnership, joint venture or shareholders&rsquo; agreement (after giving effect to the applicable anti-assignment
provisions of the UCC or other applicable law), (iv)&nbsp;Equity Interests of Immaterial Subsidiaries (except to the extent perfection
can be achieved with a UCC-1 financing statement), captive insurance subsidiaries, not-for-profit subsidiaries, special purpose
entities and Unrestricted Subsidiaries, (v)&nbsp;Margin Stock (to the extent prohibited by applicable margin regulations to be
pledged), (vi)&nbsp;security interests to the extent the same would result in adverse tax consequences, as reasonably determined
by the Borrowers in good faith, (vii)&nbsp;any property and assets the pledge of which would require governmental consent, approval,
license or authorization or is prohibited or restricted by applicable law (after giving effect to the applicable anti-assignment
provisions of the Uniform Commercial Code or other applicable law), (viii)&nbsp;any lease, license or agreement to the extent that
a grant of a security interest therein would violate or invalidate such lease, license or agreement or create a right of termination
in favor of any other party thereto or otherwise require consent thereunder (after giving effect to the applicable anti-assignment
provisions of the Uniform Commercial Code or other applicable law), the assignment of which is expressly deemed effective under
the Uniform Commercial Code or other applicable law notwithstanding such prohibition (only so long as such consent has not been
obtained and such prohibition exists and only to the extent prohibition is not created in contemplation of such grant), (ix)&nbsp;motor
vehicles, airplanes and other assets subject to certificates of title (except to the extent a security interest therein can be
perfected by the filing of Uniform Commercial Code financing statements), (x)&nbsp;letter of credit rights (other than those constituting
supporting obligations of other Collateral) of U.S. Loan Parties below a threshold of $10,000,000 and commercial tort claims of
U.S. Loan Parties below a threshold of $10,000,000, (xi)&nbsp;any &ldquo;intent-to-use&rdquo; trademark applications prior to the
filing of a &ldquo;Statement of Use&rdquo; or &ldquo;Amendment to Allege Use&rdquo; with respect thereto, to the extent, if any,
that, and solely during the period, if any, in which, the grant of a security interest therein would impair the validity or enforceability
of such intent-to-use trademark application under applicable federal law, (xii)&nbsp;finished goods inventory sold by any Loan
Party but the possession of which is maintained by such Loan Party under any inventory management or similar program, including,
but not limited to, any finished goods inventory held at Parent&rsquo;s Spotswood facility held for Phillip Morris USA, (xiii)&nbsp;any
property with respect to which the Administrative Agent, in its sole discretion, determines that the cost or burden of subjecting
such property to a Lien under the <FONT STYLE="color: red"><STRIKE>Security</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Collateral</U></FONT>
Documents is disproportionate to the value of the collateral security afforded thereby, (xiv)&nbsp;except to the extent specifically
provided for herein, any property or assets of an Excluded Subsidiary, (xv)&nbsp;Equipment or other assets otherwise constituting
Collateral owned by any Loan Party on the date hereof or hereafter acquired that is subject to a Lien securing purchase money Indebtedness
or Capital Lease Obligations permitted to be incurred pursuant to the provisions of this Agreement (including, for the avoidance
of doubt, any Indebtedness permitted to be incurred pursuant to Section&nbsp;6.01(e)) if the contract or other agreement in which
such Lien is granted (or the documentation providing for such purchase money Indebtedness, Capital Lease Obligations or Indebtedness
permitted to be incurred pursuant to Section&nbsp;6.01(e)) validly prohibits the creation of any other Lien on such Equipment or
such other asset, (xvi)&nbsp;any Equity Interests of the type which are not required to be pledged pursuant to <U>Section&nbsp;5.09(c)</U>&nbsp;of
this Agreement and (xvii)&nbsp;Excluded Accounts (as such term is defined in the Security 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"></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-indent: 0.5in">&ldquo;<B><I>Excluded Asset Disposition</I></B>&rdquo;
means (i)&nbsp;any transfer, conveyance, sale, lease or other disposition of property or assets having a fair market value of less
than, for any single transaction or series of related transactions, $5,000,000; (ii)&nbsp;sales or other dispositions of cash or
Permitted Investments in the ordinary course of business; (iii)&nbsp;any sale of Equity Interests in, or Indebtedness or other
securities of, an Unrestricted Subsidiary; (iv)&nbsp;the disposition of obsolete, worn out, uneconomical or surplus assets or assets
no longer used or useful in the business in the ordinary course of business or any disposition of inventory or goods (or other
assets) held for sale in the ordinary course of business; (v)&nbsp;an Investment that is otherwise permitted by this Agreement;
(vi)&nbsp;the creation of a Permitted Lien (but not the sale or other disposition of the property subject to such Lien); (vii)&nbsp;leases,
subleases or assignments in the ordinary course of business to third Persons not interfering in any material respect with the business
of Parent or any of its Restricted Subsidiaries and otherwise in accordance with the provisions of this Agreement; (viii)&nbsp;dispositions
of aged or non-collectable accounts receivable and related assets, or participations therein, in connection with the collection
or compromise thereof (including sales to factors or other third parties or discount and/or forgiveness thereof or to insurers
which have provided insurance as to collection thereof) in the ordinary course of business; (ix)&nbsp;(a)&nbsp;non-exclusive licensing
or sublicensing of intellectual property or other general intangibles in the ordinary course of business and (b)&nbsp;the non-exclusive
granting of access and use rights in respect of intellectual property or other general intangibles in the context of joint development
arrangements and joint marketing arrangements entered into in the ordinary course of business; (x)&nbsp;foreclosures on assets
to the extent it would not otherwise result in a Default or Event of Default; (xi)&nbsp;the lapse or abandonment of intellectual
property rights in the ordinary course of business, which in the reasonable good faith determination of Parent are not material
to the conduct of Parent and its Restricted Subsidiaries taken as a whole; (xii)&nbsp;sales, transfers and other dispositions of
investments in joint ventures to the extent required by, or made pursuant to, customary buy/sell arrangements between the joint
venture parties set forth in joint venture arrangements and similar binding arrangements; (xiii)&nbsp;any surrender or waiver of
contract rights or the settlement, release or surrender of contract, tort or other claims of any kind; (xiv)&nbsp;the unwinding
of any Swap Agreements; (xv)&nbsp;the sale or disposition of the Equity Interests and/or assets of the Philippine Subsidiaries,
including through the liquidation or dissolution thereof; (xvi)&nbsp;Restricted Payments made by, and the issuance of Equity Interests
by, Parent that are not prohibited or would not result in an Event of Default and (xvii)&nbsp;any Asset Swaps; <U>provided</U>,
that in the good faith judgment of the Parent, Parent or the applicable Restricted Subsidiary receives assets having a fair market
value equal to or greater than the asset being exchanged.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Excluded Subsidiary</I></B>&rdquo;
means (i)&nbsp;any Subsidiary not wholly owned by Parent or its Subsidiaries, (ii)&nbsp;any Subsidiary that is prohibited by law
or regulation from providing a Guarantee of the Obligations or that would require a consent, approval, license or authorization
from a Governmental Authority in order to provide such Guarantee (unless such consent, approval, license or authorization has been
obtained) or where the provision of such Guarantee would result in material adverse tax consequences as reasonably determined by
the Borrowers, (iii)&nbsp;any Foreign Subsidiary of Parent (and any direct or indirect Domestic Subsidiaries of a Foreign Subsidiary),
(iv)&nbsp;not-for-profit Subsidiaries, captive insurance Subsidiaries and special purpose entities, (v)&nbsp;Immaterial Subsidiaries,
(vi)&nbsp;Unrestricted Subsidiaries, and (vii)&nbsp;any Subsidiary to the extent that the burden or cost of providing a Guarantee
of the Obligations outweighs the benefit afforded thereby as reasonably determined by the Administrative Agent and the Borrowers.
To the extent Parent elects for an Excluded Subsidiary to become an Electing Guarantor, such Electing Guarantor shall cease to
be an Excluded Subsidiary until such Subsidiary is re-designated as an Excluded Subsidiary in accordance with the terms hereof.</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"></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-indent: 0.5in">&ldquo;<B><I>Excluded Swap Obligation</I></B>&rdquo;
means, with respect to any Loan Guarantor, any Swap Agreement Obligation if, and to the extent that, all or a portion of the Guarantee
of such Loan Guarantor of, or the grant by such Loan Guarantor of a security interest to secure, such Swap Agreement Obligation
(or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity
Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Loan Guarantor&rsquo;s
failure for any reason to constitute an ECP at the time the Guarantee of such Loan Guarantor or the grant of such security interest
becomes or would become effective with respect to such Swap Agreement Obligation. If a Swap Agreement Obligation arises under a
master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Agreement Obligation
that is attributable to swaps for which such Guarantee or security interest is or becomes illegal.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Excluded Taxes</I></B>&rdquo;
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 and United Kingdom
withholding Taxes (excluding (x)&nbsp;the portion of United Kingdom withholding Taxes with respect to which the applicable Lender
is entitled to claim a reduction under an income tax treaty, and (y)&nbsp;United Kingdom withholding Taxes on payments made by
any guarantor under any guarantee of the obligations) imposed on amounts payable to or for the account of such Lender with respect
to an applicable interest in a Loan, Letter of Credit or Commitment pursuant to a law in effect on the date on which (i)&nbsp;such
Lender acquires such interest in the Loan, Letter of Credit or Commitment (other than pursuant to an assignment request by a Borrower
under Section&nbsp;2.19(b)) or (ii)&nbsp;such Lender changes its lending office, except in each case to the extent that, pursuant
to Section&nbsp;2.17, amounts with respect to such Taxes were payable either to such Lender&rsquo;s assignor immediately before
such Lender acquired the applicable interest in a Loan, Letter of Credit or Commitment or to such Lender immediately before it
changed its lending office, (c)&nbsp;Taxes attributable to such Recipient&rsquo;s failure to comply with Section&nbsp;2.17(f)&nbsp;and
(d)&nbsp;any withholding Taxes imposed under FATCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Existing Credit Agreement</I></B>&rdquo;
means that certain Second Amended and Restated Credit Agreement, dated as of October&nbsp;28, 2015, by and among the Borrowers,
SWM Holdco 1, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute; limit&eacute;e</I>),
the Administrative Agent and the financial institutions party thereto as lenders, as amended or modified prior to the Effective
Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Existing Letters of Credit</I></B>&rdquo;
means the letters of credit issued and outstanding under the Existing Credit Agreement as set forth on Schedule 2.22.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT>
Maturity Date</I></B>&rdquo; has the meaning assigned to such term in <U>Section&nbsp;2.21(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Existing
Term A Maturity Date</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.21(a).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Existing
TLA/RC Maturity Date</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.21(a).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Extending Lender</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;2.21(b)(ii)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Extension Request</I></B>&rdquo;
means a written request from the Borrowers to the Administrative Agent requesting an extension of the Maturity Date pursuant to
<U>Section&nbsp;2.21</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>FATCA</I></B>&rdquo; means
Sections&nbsp;1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively
comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof,
any agreement entered into pursuant to Section&nbsp;1471(b)(1)&nbsp;of the Code and any fiscal or regulatory legislation, rules&nbsp;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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Federal Funds Effective Rate</I></B>&rdquo;
means, for any day, the rate calculated by the NYFRB based on such day&rsquo;s federal funds transactions by depositary institutions,
as determined in such manner as the NYFRB shall set forth on its public website from time to time, and published on the next succeeding
Business Day by the NYFRB as the effective federal funds rate, <U>provided</U> that if the Federal Funds Effective Rate as so determined
would be less than zero, such rate shall be deemed to <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>be</U></FONT>
zero for the purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Federal Reserve Board</I></B>&rdquo;
means the Board of Governors of the Federal Reserve System of the United&nbsp;States of America.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Fee <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
Syndication</U></FONT> Letter</I></B>&rdquo; means that certain <FONT STYLE="color: red"><STRIKE>f</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>F</U></FONT>ee
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and Syndication</U></FONT> <FONT STYLE="color: red"><STRIKE>l</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L</U></FONT>etter
<FONT STYLE="color: red"><STRIKE>agreement</STRIKE></FONT>, dated as of <FONT STYLE="color: red"><STRIKE>August&nbsp;10</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>January&nbsp;27</U></FONT>,
<FONT STYLE="color: red"><STRIKE>2018</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2021</U></FONT>,
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>by and</U></FONT> among <FONT STYLE="color: red"><STRIKE>Parent, SWM
Luxembourg and the Administrative Agent</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the Borrowers
and JPMorgan Chase Bank, N.A</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Financial
Covenant Default</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;7.01(d).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Financial Officer</I></B>&rdquo;
means the chief executive officer, chief financial officer, treasurer or controller of the applicable Loan Party.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>First
Amendment</I></B>&rdquo; means the First Amendment, dated as of February&nbsp;9, 2021, among the Borrowers, the other Loan Parties
party thereto, the Lenders party thereto and the Administrative Agent.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>First
Amendment Effective Date</I></B>&rdquo; means</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">the date on
which the conditions specified in Section&nbsp;4.01 are satisfied (or waived in accordance with Section&nbsp;9.02)</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>Floor</I></B>&rdquo;
means the benchmark rate floor, if any, provided in this Agreement initially (as of</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">the
execution of this Agreement</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">, the modification, amendment
or renewal of this Agreement or otherwise) with respect to the LIBO Rate.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Foreign Borrower</I></B>&rdquo;
means, individually, SWM Luxembourg and each other Borrower which may become a borrower hereunder pursuant to <U>Section&nbsp;5.09</U>
from time to time that is a Foreign Subsidiary of Parent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Foreign Borrower Documents</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;3.19</U>.</P>

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

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Foreign Lender</I></B>&rdquo;
means (a)&nbsp;if the applicable Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b)&nbsp;if the applicable
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 applicable Borrower is resident for tax purposes.</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"></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-indent: 0.5in">&ldquo;<B><I>Foreign Subsidiary</I></B>&rdquo;
means any direct or indirect Subsidiary of Parent 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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Funded
Debt</I></B>&rdquo; means as to any Person, all Indebtedness of such Person that matures more than one year from the date of its
creation or matures within one year from such date but is renewable or extendible, at the option of such Person, to a date more
than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend
credit during a period of more than one year from such date, including all current maturities and current sinking fund payments
in respect of such Indebtedness whether or not required to be paid within one year from the date of its creation and, in the case
of the Borrowers,&nbsp;Indebtedness in respect of the Loans.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>GAAP</I></B>&rdquo; means generally
accepted accounting principles in the United&nbsp;States of America.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>General
Meeting</I></B>&rdquo; means the general meeting of the holders of Target Shares (or any adjournment thereof) to be convened in
connection with the implementation of a Scheme.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Governmental Authority</I></B>&rdquo;
means the government of the United&nbsp;States of America, any other nation or any political subdivision thereof, whether foreign,
state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Guarantee</I></B>&rdquo; of
or by any Person (the &ldquo;<B><I>guarantor</I></B>&rdquo;) means any obligation, contingent or otherwise, of the guarantor guaranteeing
or having the economic effect of guaranteeing any Indebtedness of any other Person (the &ldquo;<B><I>primary obligor</I></B>&rdquo;)
in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a)&nbsp;to purchase
or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or to purchase (or to advance or supply funds
for the purchase of) any security for the payment thereof, (b)&nbsp;to purchase or lease property, securities or services for the
purpose of assuring the owner of such Indebtedness of the payment thereof, (c)&nbsp;to maintain working capital, equity capital
or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such
Indebtedness or (d)&nbsp;as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness;
<U>provided</U>, that the term Guarantee shall not include (i)&nbsp;endorsements for collection or deposit in the ordinary course
of business, (ii)&nbsp;joint and several liability imposed by Environmental Laws, (iii)&nbsp;inventory purchase agreements entered
into in connection with the sale of a mill or other facility or (iv)&nbsp;credit support to suppliers or customers provided in
the ordinary course of business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Guaranteed Obligations</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;10.01.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Hazardous Materials</I></B>&rdquo;
means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
contaminants</U></FONT> or other pollutants, including <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>per- and polyfluoroalkyl
substances,</U></FONT> petroleum or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls,
radon gas<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and</U></FONT>
infectious or medical wastes <FONT STYLE="color: red"><STRIKE>and all other substances or wastes of any nature regulated pursuant
to any Environmental Law</STRIKE></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>IBA</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;1.05.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Immaterial Subsidiaries</I></B><I>&rdquo;
</I>means, any Subsidiaries of Parent, other than Material Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Impacted Interest Period</I></B>&rdquo;
has the meaning assigned to such term in the definition of &ldquo;LIBO Rate.&rdquo;</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"></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-indent: 0.5in">&ldquo;<B><I>Indebtedness</I></B>&rdquo;
of any Person means, without duplication, (a)&nbsp;all obligations of such Person for borrowed money (including, without limitation,
with respect to overdrafts), (b)&nbsp;all obligations of such Person evidenced by bonds, debentures, notes, preferred Equity Interests
(which preferred Equity Interests are either mandatorily redeemable or redeemable at the option of the holder, in each case, at
any time on or prior to the date that is six months after the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT>
Loan Maturity Date) or similar instruments, (c)&nbsp;all obligations of such Person under conditional sale or other title retention
agreements (other than operating leases) relating to property acquired by such Person, (d)&nbsp;all obligations of such Person
upon which interest charges are customarily paid (excluding trade accounts payable incurred in the ordinary course of business
and repayable in accordance with customary trade practices), (e)&nbsp;all obligations of such Person in respect of the deferred
purchase price of property or services (excluding trade accounts payable incurred in the ordinary course of business and repayable
in accordance with customary trade practices and excluding earnouts to the extent not required to be reflected as a liability on
the balance sheet of such Person in accordance with GAAP), (f)&nbsp;all Indebtedness of others secured by any Lien on property
owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed, (g)&nbsp;all Guarantees by
such Person of Indebtedness of others (excluding credit support for suppliers or customers in the ordinary course of business),
(h)&nbsp;all Capital Lease Obligations of such Person, (i)&nbsp;all reimbursement obligations of such Person with respect to letters
of credit (other than letters of credit that are secured by cash or Permitted Investments), bankers&rsquo; acceptances or similar
facilities and (j)&nbsp;all Off-Balance Sheet Liabilities. The Indebtedness of any Person shall include the Indebtedness of any
other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor
as a result of such Person&rsquo;s ownership interest in or other relationship with such entity, except to the extent the terms
of such Indebtedness provide that such Person is not liable therefor. Notwithstanding the foregoing, in connection with the purchase
by Parent or any Restricted Subsidiary of any business or assets,&nbsp;Indebtedness will exclude (x)&nbsp;customary indemnification
obligations and (y)&nbsp;post-closing payment adjustments to which the seller may become entitled to the extent such payment is
determined by a final closing balance sheet or such payment is otherwise contingent<U>; provided</U>, <U>however</U>, that at the
time of closing, the amount of any such payment is not determinable and, to the extent such payment thereafter becomes fixed and
determined, the amount is paid within 60 days thereafter.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Indemnified Taxes</I></B>&rdquo;
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 any Loan Party under any Loan Document and (b)&nbsp;to the extent not otherwise described in (a)&nbsp;hereof, Other Taxes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Indemnitee</I></B>&rdquo; has
the meaning assigned to such term in Section&nbsp;9.03(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Ineligible Institution</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.04(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Information</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.12.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Information Memorandum</I></B>&rdquo;
means the Confidential Information Memorandum dated <FONT STYLE="color: red"><STRIKE>August&nbsp;15, 2018</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>February&nbsp;2021</U></FONT>,
relating to the Loan Parties<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, the Target Group</U></FONT> and the Transactions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Initial
Long Stop Date</I></B>&rdquo; has the meaning assigned to such term in the definition of &ldquo;Long Stop Date&rdquo;.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Interest Coverage Ratio</I></B>&rdquo;
means, on any date of determination, the ratio of (a)&nbsp;EBITDA to (b)&nbsp;Interest Expense paid or payable in cash, in case
of each of clauses (a)&nbsp;and (b)&nbsp;for the most recently completed four fiscal quarters then ended of Parent as of such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Interest Election Request</I></B>&rdquo;
means a request by any Borrower to convert or continue a Borrowing in accordance with Section&nbsp;2.08, which shall be, in the
case of any such written request, substantially in the form of Exhibit&nbsp;C or any other form approved by the Administrative
Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Interest Expense</I></B>&rdquo;
means, for any period, (a)&nbsp;total interest expense (including that attributable to Capital Lease Obligations) of Parent and
its Restricted Subsidiaries for such period with respect to all outstanding Indebtedness of Parent and its Restricted Subsidiaries
(including all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers&rsquo; acceptance
financing and net costs under Swap Agreements in respect of interest rates to the extent such net costs are allocable to such period
in accordance with GAAP) calculated on a consolidated basis for Parent and its Restricted Subsidiaries for such period in accordance
with GAAP, <I>minus</I> (b)&nbsp;the total interest income of Parent and its Restricted Subsidiaries for such period as determined
on a consolidated basis in accordance with GAAP; <U>provided</U>, <U>however</U>, that Interest Expense will exclude (i)&nbsp;the
amortization or write-off of debt issuance costs and deferred financing fees, commissions, fees and expenses, (ii)&nbsp;any expensing
of interim loan commitment, bridge and other financing fees, (iii)&nbsp;capitalized costs incurred in connection with the initial
closing of any Swap Agreement and (iv)&nbsp;any non-cash interest expense attributable to the movement in the mark to market valuation
of Swap Agreements or other derivative instruments pursuant to GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Interest Payment Date</I></B>&rdquo;
means (a)&nbsp;with respect to any ABR&nbsp;Loan (other than a Swingline Loan), the last day of each March, June, September&nbsp;and
December&nbsp;and the Maturity Date, (b)&nbsp;with respect to any Eurodollar Loan, the last day of each Interest Period applicable
to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing with an Interest Period of more than three
months&rsquo; duration, each day prior to the last day of such Interest Period that occurs at intervals of three months&rsquo;
duration after the first day of such Interest Period and the Maturity Date, and (c)&nbsp;with respect to any Swingline Loan, the
day that such Loan is required to be repaid and the Maturity Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Interest Period</I></B>&rdquo;
means, with respect to any Eurodollar Borrowing, the period commencing on the date of such Borrowing and ending on the numerically
corresponding day in the calendar week or calendar month that is one week or one, two, three or six months thereafter, as the applicable
Borrower may elect; <U>provided</U>, that (i)&nbsp;if any Interest Period would end on a day other than a Business Day, such Interest
Period shall be extended to the next succeeding Business Day unless, in the case of a Eurodollar Borrowing only, such next succeeding
Business Day would fall in the next calendar week or month, as applicable, in which case such Interest Period shall end on the
next preceding Business Day and (ii)&nbsp;any Interest Period pertaining to a Eurodollar Borrowing that commences on the last Business
Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Interest
Period) shall end on the last Business Day of the last calendar month of such Interest Period. For purposes hereof, the date of
a Borrowing initially shall be the date on which such Borrowing is made and, in the case of a Revolving Borrowing, thereafter shall
be the effective date of the most recent conversion or continuation of such Borrowing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Interpolated Rate</I></B>&rdquo;
means, at any time, for any Interest Period, the rate per annum (rounded to the same number of decimal places as the LIBO Screen
Rate) determined by the Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be
equal to the rate that results from interpolating on a linear basis between: (a)&nbsp;the LIBO Screen Rate for the longest period
for which the LIBO Screen Rate is available for U.S. Dollars or Euros, as applicable) that is shorter than the Impacted Interest
Period; and (b)&nbsp;the LIBO Screen Rate for the shortest period (for which that LIBO Screen Rate is available for U.S. Dollars
or Euros, as applicable) that exceeds the Impacted Interest Period, in each case, at such time<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
provided, that if any Interpolated Rate shall be less than zero percent (0.00%), such rate shall be deemed to be zero percent (0.00%);
provided, further, that solely with respect to the Term B Loans, if the Interpolated Rate as so determined would be less than 0.75%,
such rate shall be deemed to be 0.75%.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B><I>&ldquo;Investment&rdquo; </I></B>has
the meaning assigned to such term in Section&nbsp;6.05.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>IRS</I></B>&rdquo; means the
United&nbsp;States Internal Revenue Service.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>ISDA
Definitions</I></B>&rdquo; means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association,&nbsp;Inc.
or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate
derivatives published from time to time by the International Swaps and Derivatives Association,&nbsp;Inc. or such successor thereto.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Issuing Bank</I></B>&rdquo;
means JPMorgan Chase Bank, N.A., Barclays Bank PLC, Bank of America, N.A., SunTrust Bank<FONT STYLE="color: red"><STRIKE>,</STRIKE></FONT>
and any other Lender that agrees to act as an Issuing Bank, each in its capacity as the issuer of Letters of Credit hereunder,
and its successors in such capacity as provided in Section&nbsp;2.06(i). Any Issuing Bank may, in its discretion, arrange for one
or more Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term &ldquo;Issuing Bank&rdquo; shall
include any such Affiliate with respect to Letters of Credit issued by such Affiliate. Each reference herein to the &ldquo;Issuing
Bank&rdquo; in connection with a Letter of Credit or other matter shall be deemed to be a reference to the relevant Issuing Bank
with respect thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Judgment Currency</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;</U><FONT STYLE="color: red"><U><STRIKE>9.16</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>9.17</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Junior Indebtedness</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;6.12</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><STRIKE>&ldquo;<B><I>LCA Election</I></B>&rdquo;
has the meaning assigned to such term in the definition of Permitted Acquisition.</STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>LC Borrower</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.06(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>LC Collateral Account</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.06(<FONT STYLE="color: red"><STRIKE>j</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>k</U></FONT>).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>LC Disbursement</I></B>&rdquo;
means a payment made by an Issuing Bank pursuant to a Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>LC Exposure</I></B>&rdquo;
means, at any time, the sum of (a)&nbsp;the Equivalent Amount in U.S. Dollars of the aggregate undrawn amount of all outstanding
Letters of Credit at such time plus (b)&nbsp;the Equivalent Amount in U.S. Dollars of the aggregate amount of all LC Disbursements
that have not yet been reimbursed by or on behalf of the Borrowers at such time; provided, that, solely with respect to calculation
of LC Exposure for purposes of determining whether additional Letters of Credit may be issued under Section&nbsp;2.06, any Letter
of Credit that, by its terms or any document related thereto, provides for one or more automatic increases in the stated amount
thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving
effect to all such increases, whether or not such maximum stated amount is in effect at such time. The LC Exposure of any Lender
at any time shall be its Applicable Percentage of the total LC Exposure at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: green"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>LCA
Election</I></B>&rdquo; has the meaning assigned to such term in the definition of Permitted Acquisition.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Lender Parent</I></B>&rdquo;
means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a 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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Lender-Related
Person</I></B>&rdquo; has the meaning assigned to it in Section&nbsp;9.03(d).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Lenders</I></B>&rdquo; means
the Persons listed on Schedule 2.01A and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption
or otherwise, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption or otherwise.
Unless the context otherwise requires, the term &ldquo;Lenders&rdquo; includes the Swingline Lenders and the Issuing Banks.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Letter of Credit</I></B>&rdquo;
means any letter of credit issued pursuant to this Agreement and any Existing Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Letter of Credit Agreement</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.06(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Letter of Credit Commitment</I></B>&rdquo;
means, with respect to each Issuing Bank, the commitment of such Issuing Bank to issue Letters of Credit hereunder. The initial
amount of each Issuing Bank&rsquo;s Letter of Credit Commitment is set forth on Schedule 2.01C, or if an Issuing Bank has entered
into an Assignment and Assumption or has otherwise assumed a Letter of Credit Commitment after the Effective Date, the amount set
forth for such Issuing Bank as its Letter of Credit Commitment in the Register maintained by the Administrative Agent. The Letter
of Credit Commitment of an Issuing Bank may be modified from time to time by agreement between such Issuing Bank and the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>applicable</U></FONT>
Borrower, and notified to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Liabilities</I></B>&rdquo;
means any losses, claims (including intraparty claims), demands, damages or liabilities of any kind.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>LIBO Rate</I></B>&rdquo; means,
with respect to any Eurodollar Borrowing for <FONT STYLE="color: red"><STRIKE>any applicable currency</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)&nbsp;Dollars</U></FONT>
and for any Interest Period, the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>applicable</U></FONT> LIBO Screen Rate
at approximately 11:00 a.m., London time, two Business <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Days prior to
the commencement of such Interest Period and (b)&nbsp;Euros and for any Interest Period, the applicable LIBO Screen Rate at approximately
11:00 a.m., Brussels time, two TARGET</U></FONT> Days prior to the commencement of such Interest Period; <U>provided</U> that if
the LIBO Screen Rate shall not be available at such time for such Interest Period (an &ldquo;<B><I>Impacted Interest Period</I></B>&rdquo;)
with respect to the applicable currency then the LIBO Rate shall be the Interpolated Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>LIBO Screen Rate</I></B>&rdquo;
means, for any day and time, with respect to any Eurodollar Borrowing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;for
<FONT STYLE="color: red"><STRIKE>any applicable currency</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Dollars</U></FONT>
and for any Interest Period, the London interbank offered rate as administered by ICE Benchmark Administration (or any other Person
that takes over the administration of such rate) for <FONT STYLE="color: red"><STRIKE>the relevant currency</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Dollars</U></FONT>
for a period equal in length to such Interest Period as displayed on such day and time on pages&nbsp;LIBOR01 or LIBOR02 of the
Reuters screen that displays such rate (or, in the event such rate does not appear on a Reuters page&nbsp;or screen, on any successor
or substitute page&nbsp;on such screen that displays such rate, or on the appropriate page&nbsp;of such other information service
that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion) <FONT STYLE="color: red"><STRIKE>for
deposits (for delivery on the first (1<SUP>st</SUP>) day of such period) with a term equivalent to such period in the applicable
currency, determined as of approximately 11:00 a.m.&nbsp;(London, England time) on the applicable date of determination</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
(b)&nbsp;for Euros and for any Interest Period, the euro interbank offered rate administered by the European Money Markets Institute
(or any other person which takes over the administration of that rate) for the relevant period displayed (before any correction,
recalculation or republication by the administrator) on page&nbsp;EURIBOR01 of the Thomson Reuters screen (or any replacement Thomson
Reuters page&nbsp;which displays that rate) or on the appropriate page&nbsp;of such other information service which publishes that
rate from time to time in place of Thomson Reuters as of 11:00 a.m.&nbsp;Brussels time two TARGET Days prior to the commencement
of such Interest Period </U></FONT>; <U>provided</U> that if the LIBO Screen Rate as so determined would be less than zero percent
(0.00%), such rate shall be deemed to <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>be</U></FONT> zero percent (0.00%)<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
provided, further, that solely with respect to the Term B Loans, if the LIBO Screen Rate as so determined would be less than 0.75%,
such rate shall be deemed to be 0.75%</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Lien</I></B>&rdquo; means,
with respect to any asset, (a)&nbsp;any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest
in, on or of such asset, and (b)&nbsp;the interest of a vendor or a lessor under any conditional sale agreement, capital lease
or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating
to such asset.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Limited Condition Acquisition</I></B>&rdquo;
means any acquisition (or similar investment) by any of the Borrowers or their Restricted Subsidiaries permitted pursuant to the
Loan Documents for which the consummation thereof is not conditioned on the availability of, or on obtaining, third party financing.</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"></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Limited Condition Acquisition
Agreement</I></B>&rdquo; means, with respect to a Limited Condition Acquisition, the definitive acquisition or investment agreement
for such Limited Condition Acquisition.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Loan Documents</I></B>&rdquo;
means this Agreement, including schedules and exhibits hereto, and any agreements entered into in connection herewith by any Borrower
or any Loan Party with or in favor of the Administrative Agent and/or the Lenders, including any notes issued pursuant to Section&nbsp;2.10(e),
the Loan Guaranty, the Collateral Documents, letter of credit applications and any agreements between the Borrower and any Issuing
Bank regarding the respective rights and obligations between the Borrowers and the Issuing Bank in connection with the issuance
of Letters of Credit<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, the Fee and Syndication Letter</U></FONT> and
any other documents prepared in connection with the other Loan Documents, if any, and identified in <U>Section&nbsp;4.01</U> <FONT STYLE="color: red"><STRIKE>or</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT><U>
4.02 <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">or 4.03</FONT></U>. Any reference in this Agreement or any other Loan
Document to a Loan Document shall include all appendices, exhibits or schedules thereto, and all amendments, restatements, supplements
or other modifications thereto, and shall refer to this Agreement or such Loan Document as the same may be in effect at any time
and all times such reference becomes operative.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Loan Guarantor</I></B>&rdquo;
means (i)&nbsp;each Borrower (other than with respect to its direct Obligations as a primary obligor (as opposed to a guarantor)
under the Loan Documents), (ii)&nbsp;each Material Subsidiary of Parent (other than Excluded Subsidiaries), so long as such Material
Subsidiary is a Domestic Subsidiary and a Restricted Subsidiary, and (iii)&nbsp;any other Person (other than an Additional Borrower)
who becomes a party to the Loan Guaranty.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Loan Guaranty</I></B>&rdquo;
means, in the case of Parent, Article&nbsp;X of this Agreement and, in all other cases, the Subsidiary Guaranty.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Loan Parties</I></B>&rdquo;
means, collectively, the Borrowers, the Loan Guarantors and, in each case, their successors and assigns, and the term &ldquo;<B><I>Loan
Party</I></B>&rdquo; shall mean any one of them or all of them individually, as the context may require.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Loans</I></B>&rdquo; means
the loans made by the Lenders to the Borrowers pursuant to this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Long
Stop Date</I></B>&rdquo; means July&nbsp;27, 2021 (the &ldquo;<B><I>Initial Long Stop Date</I></B>&rdquo;) or, if the Scheme has
become effective or the Takeover Offer has been closed for acceptances less than 14 days before the Initial Long Stop Date (and
for the avoidance of doubt not after the Initial Long Stop Date), the date which is 14 days after that date on which the Scheme
has become effective or the Takeover Offer has been closed for acceptances.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Mandatory
Cancellation Event</I></B>&rdquo; means the occurrence of any of the following conditions or events:</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>where the Target Acquisition proceeds
by way of a Scheme:</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>applications for the issuance of the Scheme Court Order are made
to the Court (and not adjourned or otherwise postponed), but the Court (in its final judgment) refuses to grant the Scheme Court
Order;</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the Scheme lapses or is withdrawn with the consent of the Panel
or by order of the Court; or</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the date which is 15 days after the Scheme Effective Date;</U></FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 1in; text-align: justify; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>unless,
in respect of clauses (i)&nbsp;through (iii)&nbsp;above, for the purposes of switching from a Scheme to a Takeover Offer, within
five (5)&nbsp;Business Days of such event, Parent has notified the Administrative Agent it intends to issue, and then within ten
(10)&nbsp;Business Days after delivery of such notice does issue, an Offer Press Announcement (in which case no Mandatory Cancellation
Event shall have occurred); or</U></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>where the Target Acquisition proceeds
by way of a Takeover Offer:</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such Takeover Offer lapses, terminates or is withdrawn with the
consent of the Panel unless, for the purposes of switching from a Takeover Offer to a Scheme, within five (5)&nbsp;Business Days
of such event, Parent has notified the Administrative Agent it intends to issue, and then within ten (10)&nbsp;Business Days after
delivery of such notice does issue, a Press Release (in which case no Mandatory Cancellation Event shall have occurred);</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the date upon which all payments made or to be made for Certain
Funds Purposes have been paid in full in cleared funds; or</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>11:59 p.m.&nbsp;(London time) on the date which is 21 days after
the later of (A)&nbsp;the date (the &ldquo;Unconditional Date&rdquo;) on which the Takeover Offer has become or has been declared
unconditional in all respects and (B)&nbsp;the date on which the Takeover Offer has closed for acceptances or, in each case, if
the requisite notices to Target Shareholders have been issued prior to such date, such longer period as is necessary to complete
the Squeeze-Out Procedure.</U></FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Margin Stock</I></B>&rdquo;
means margin stock within the meaning of Regulations&nbsp;T,&nbsp;U and&nbsp;X, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Material Acquisition</I></B>&rdquo;
means a Permitted Acquisition with an aggregate cash consideration of greater than the Equivalent Amount of $100,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Material Acquisition Period</I></B>&rdquo;
means the fiscal quarter during which a Material Acquisition was consummated and the immediately following three fiscal quarters;
<U>provided</U>, <U>however</U>, that no Material Acquisition Period shall occur unless Parent designates, on or prior to the consummation
of the applicable Material Acquisition, in writing to the Administrative Agent such period as a Material Acquisition Period.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Material Adverse Effect</I></B>&rdquo;
means a material adverse effect on (i)&nbsp;the business, assets, financial condition or results of operations, in each case, of
Parent and its Restricted Subsidiaries, taken as a whole, (ii)&nbsp;the rights and remedies (taken as a whole) of the Administrative
Agent under this Agreement or any other Loan Document or (iii)&nbsp;the ability of the Loan Parties (taken as a whole) to perform
their payment obligations under this Agreement or any other Loan Document.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Material Indebtedness</I></B>&rdquo;
means Indebtedness (other than the Loans, Letters of Credit or intercompany Indebtedness permitted by <U>Section&nbsp;6.06</U>),
or obligations in respect of one or more Swap Agreements, of any Borrower and its Restricted Subsidiaries in an aggregate principal
amount exceeding the Equivalent Amount of $40,000,000. For purposes of determining Material Indebtedness, the &ldquo;principal
amount&rdquo; of the obligations of any Borrower or any Restricted Subsidiary in respect of any Swap Agreement at any time shall
be the maximum aggregate amount (giving effect to any netting agreements) that such Borrower or such Restricted Subsidiary would
be required to pay if such Swap Agreement were terminated at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Material Subordinated Indebtedness</I></B>&rdquo;
means Subordinated Indebtedness which constitutes Material Indebtedness.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Material Subsidiary</I></B>&rdquo;
means (a)&nbsp;each Borrower other than Parent and (b)&nbsp;each other consolidated Restricted Subsidiary of Parent which (i)&nbsp;holds
10% or more of the consolidated assets of Parent, or (ii)&nbsp;generates 10% or more of consolidated EBITDA of Parent and its Restricted
Subsidiaries on a consolidated basis, calculated as of the most recent fiscal period for which the Administrative Agent shall have
received financial statements required to be delivered pursuant to Section&nbsp;5.01(a)&nbsp;and (b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Materially
Adverse Amendment</I></B>&rdquo; means a modification, amendment or waiver to or of the terms or conditions of the Scheme or the
Takeover Offer (as the case may be) compared to the terms and conditions that are included in the draft of the Press Release or
the Offer Press Announcement (as the case may be) delivered pursuant to Section&nbsp;4.01(e)&nbsp;that is materially adverse to
the interests of the Lenders, it being acknowledged (except as otherwise agreed in writing by the Administrative Agent) that a
change to the consideration (other than (i)&nbsp;any reduction to the consideration of not more than 7.5% or (ii)&nbsp;any increase
to the non-cash element of the consideration, to the extent the consideration consists of cash (in an amount per Target Share not
greater than the amount already offered), common stock of Parent or a combination of the two) for the Target Shares would be materially
adverse to the Lenders, but that a waiver of a pre-condition which then becomes a condition to be satisfied in connection with
the Target Acquisition would not be materially adverse to the interests of the Lenders.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Maturity Date</I></B>&rdquo;
means (a)&nbsp;with respect to Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans, the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loan Maturity Date, <FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(b)&nbsp;with <FONT STYLE="color: red"><STRIKE>R</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>r</U></FONT>espect
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>to Term B Loans, the Term B Loan Maturity Date and (c)&nbsp;with respect</U></FONT>
to Revolving Loans and Swingline Loans, the Revolving Maturity Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Maximum Rate</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.14.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Minimum
Acceptance Condition</I></B>&rdquo; means an Acceptance Condition which shall not be capable of being satisfied unless acceptances
have been received that would, when aggregated with all Target Shares (excluding shares held in treasury) directly or indirectly
owned by any Borrower or any Acquisition Co (if any), result in Parent (directly or indirectly) holding shares representing, in
any case, more than 75% of all Target Shares on a fully diluted basis (excluding any shares held in treasury) as at the date on
which the Takeover Offer is declared unconditional as to acceptances.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Minimum
TLB Extension Condition</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.21(h).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Moody&rsquo;s</I></B>&rdquo;
means Moody&rsquo;s Investors Service,&nbsp;Inc. or any successor thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Multiemployer Plan</I></B>&rdquo;
means a multiemployer plan as defined in Section&nbsp;4001(a)(3)&nbsp;of ERISA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Net Cash Proceeds</I></B>&rdquo;
means, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;with respect to any <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Asset
Sale</U></FONT> Prepayment Event, (<FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>i</U></FONT>)
the cash proceeds received in respect of such event including (<FONT STYLE="color: red"><STRIKE>i</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>)
any cash received in respect of any non-cash proceeds (including any cash payments received by way of deferred payment of principal
pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise, but excluding any interest payments),
but only as and when received, (<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT>)
in the case of a casualty, insurance proceeds and (<FONT STYLE="color: red"><STRIKE>iii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>C</U></FONT>)
in the case of a condemnation or similar event, condemnation awards and similar payments, <I>minus </I>(<FONT STYLE="color: red"><STRIKE>b</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>ii</U></FONT>)
the sum of (<FONT STYLE="color: red"><STRIKE>i</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>)
all reasonable fees and out-of-pocket expenses paid to third parties (other than Affiliates) in connection with such event, (<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT>)
in the case of a sale, transfer or other disposition of an asset (including pursuant to a sale and leaseback transaction or a casualty
or a condemnation or similar proceeding), the amount of all payments required to be made as a result of such event to repay Indebtedness
(other than Loans) secured by such asset or otherwise subject to mandatory prepayment as a result of such event and (<FONT STYLE="color: red"><STRIKE>iii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>C</U></FONT>)
the amount of all taxes paid (or reasonably estimated to be payable) and the amount of any reserves established to fund contingent
liabilities reasonably estimated to be payable, in each case during the year that such event occurred or the next succeeding year
and that are directly attributable to such event (as determined reasonably and in good faith by a Financial Officer of Parent)<FONT STYLE="color: red"><STRIKE>.
</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (b)&nbsp;with respect to any incurrence of Indebtedness,
the cash proceeds received from such issuance or incurrence, net of attorneys&rsquo; fees, investment banking fees, accountants&rsquo;
fees, underwriting discounts and commissions and other customary fees and expenses actually incurred in connection therewith.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Net Debt</I></B>&rdquo; means,
for any date of determination, (a)&nbsp;Parent&rsquo;s and its Restricted Subsidiaries&rsquo; consolidated Total Debt as of such
date <I>minus</I> (b)&nbsp;the sum of Parent&rsquo;s and its Restricted Subsidiaries&rsquo; Unrestricted Cash in an aggregate amount
not to exceed $200,000,000 (in each case as defined in and set forth on the consolidated financial statements of Parent for the
previous fiscal quarter or year for which financial statements have been delivered pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or
<U>(b)</U>), in each case, as determined in accordance with GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Net Debt to EBITDA Ratio</I></B>&rdquo;
means, on any date of determination, the ratio of (a)&nbsp;Net Debt as of such date to (b)&nbsp;EBITDA for the most recently completed
four fiscal quarters then ended of Parent as of such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Net Income</I></B>&rdquo; means,
with respect to Parent, for any period, the consolidated net income (or loss) of Parent and its Restricted Subsidiaries for such
period as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income, by:</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(A)</TD><TD>excluding, without duplication,</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>all extraordinary gains or losses (net of fees and expenses relating to the transaction giving rise thereto), income, expenses
or charges;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>the portion of net income of Parent and its Restricted Subsidiaries allocable to minority or non-controlling interests or Investments
in Unrestricted Subsidiaries to the extent that cash dividends or distributions have not actually been received by Parent or one
of its Restricted Subsidiaries; <U>provided</U> that for the avoidance of doubt, Net Income shall be increased in amounts equal
to the amounts of cash actually received;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD>gains or losses in respect of any Asset Dispositions or Excluded Asset Disposition by such Person or one of its Restricted
Subsidiaries (net of fees and expenses relating to the transaction giving rise thereto), on an after-tax basis;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD>any gain or loss realized as a result of the cumulative effect of a change in accounting principles;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(v)</TD><TD>non-cash compensation expense incurred with any issuance of equity interests to an employee of Parent or any Restricted Subsidiary;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD>any net after-tax gains or losses attributable to the early extinguishment or conversion of Indebtedness or any Swap Agreements;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(vii)</TD><TD>any non-cash impairment charges or asset write-off or write-down resulting from the application of Financial Accounting Standards
Board Accounting Standards Codification (&ldquo;<B><I>ASC</I></B>&rdquo;) Topic 350 &ldquo;Intangibles&mdash;Goodwill and Other&rdquo;
or ASC Topic 360 &ldquo;Property, Plant and Equipment,&rdquo; and the amortization of intangibles arising pursuant to ASC Topic
805 &ldquo;Business Combinations&rdquo; or any related subsequent Statement of Financial Accounting Standards;</TD></TR></TABLE>

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

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(viii)</TD><TD>non-cash gains, losses, income and expenses resulting from fair value accounting required by ASC Topic 815 &ldquo;Derivatives
and Hedging&rdquo; or any related subsequent Statement of Financial Accounting Standards;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(ix)</TD><TD>any net unrealized gains and losses relating to mark-to-market of amounts denominated in foreign currencies resulting from
the application of ASC Topic 830 &ldquo;Foreign Currency Matters&rdquo; or any related subsequent Statement of Financial Accounting
Standards;</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(x)</TD><TD>any accruals and reserves that are established for expenses and losses, in respect of equity-based awards compensation expense
(<U>provided</U> that if any such non-cash charges represent an accrual or reserve for potential cash items in any future period,
the cash payment in respect thereof in such future period shall reduce Net Income to such extent, and excluding amortization of
a prepaid cash item that was paid in a prior period);</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(xi)</TD><TD>any expenses, charges or losses that are covered by indemnification or other reimbursement provisions in connection with any
Investment or any sale, conveyance, transfer or other disposition of assets permitted under this Agreement, to the extent actually
reimbursed, or, so long as the Parent has made a determination that a reasonable basis exists for indemnification or reimbursement
and only to the extent that such amount is in fact indemnified or reimbursed within 365 days of such determination (with a deduction
in the applicable future period for any amount so added back to the extent not so indemnified or reimbursed within such 365 days);
and</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(xii)</TD><TD>to the extent covered by insurance and actually reimbursed, or, so long as the Parent has made a determination that there exists
reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is in fact
reimbursed within 365 days of the date of such determination (with a deduction in the applicable future period for any amount so
added back to the extent not so reimbursed within such 365 days), expenses, charges or losses with respect to liability or casualty
events or business interruption; and</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(B)</TD><TD>including, without duplication, dividends and distributions from joint ventures actually received in cash by Parent and its
Restricted Subsidiaries.</TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Non-Consenting Lender</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;9.02(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>f</U></FONT><U>)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Non-extending Lender</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;2.21(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>NYFRB</I></B>&rdquo; means
the Federal Reserve Bank of New York.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>NYFRB Rate</I></B>&rdquo; means,
for any day, the greater of (a)&nbsp;the Federal Funds Effective Rate in effect on such day and (b)&nbsp;the Overnight Bank Funding
Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that
if none of such rates are published for any day that is a Business Day, the term &ldquo;NYFRB Rate&rdquo; means the rate for a
federal funds transaction quoted at 11:00 a.m.&nbsp;New York City time on such day received by the Administrative Agent from a
federal funds broker of recognized standing selected by it; <U>provided, further</U>, that if any of the aforesaid rates as so
determined be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>NYFRB&rsquo;s
Website</I></B>&rdquo; means the website of the NYFRB at http://www.newyorkfed.org, or any successor source.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Obligations</I></B>&rdquo;
means all advances to, and debts, liabilities, obligations, covenants and duties of, the Borrowers arising under any Loan Document
or otherwise with respect to any Loan or Letter of Credit, whether direct or indirect (including those acquired by assumption),
absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after
the commencement by or against any Borrower or any Restricted Subsidiary thereof of any proceeding under any debtor relief laws
naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed or allowable claims
in such proceeding. Without limiting the foregoing, the Obligations include (a)&nbsp;the obligation to pay principal, interest,
Letter of Credit commissions, charges, expenses, fees, indemnities and other amounts payable by the Borrowers under any Loan Document
and (b)&nbsp;the obligation of the Borrowers to reimburse any amount in respect of any of the foregoing that the Administrative
Agent or any Lender, in each case in its sole discretion, may elect to pay or advance on behalf of the Borrower.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>OFAC</I></B>&rdquo; has the
meaning assigned to such term in <U>Section&nbsp;5.10</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Off-Balance Sheet Liability</I></B>&rdquo;
of a Person means (a)&nbsp;any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold
by such Person, (b)&nbsp;any liability under any Sale and Leaseback Transaction other than Capital Lease Obligations, (c)&nbsp;any
liability under any so-called &ldquo;synthetic lease&rdquo; arrangement or transaction entered into by such Person or (d)&nbsp;any
obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing
but which does not constitute a liability on the balance sheets of such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Offer
Documents</I></B>&rdquo; means the Takeover Offer Document and the Offer Press Announcement.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Offer
Press Announcement</I></B>&rdquo; means a press announcement released by or on behalf of any Borrower or any Acquisition Co (if
any) in accordance with Rule&nbsp;2.7 of the City Code announcing that the Target Acquisition is to be effected by a Takeover Offer
and setting out the terms and conditions of the Takeover Offer.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Offshore Currency</I></B>&rdquo;
means Euros.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Offshore
Currency Equivalent</I></B>&rdquo; means, for any amount of any Offshore Currency, at the time of determination thereof, (a)&nbsp;if
such amount is expressed in such Offshore Currency, such amount and (b)&nbsp;if such amount is expressed in Dollars, the equivalent
of such amount in such Offshore Currency determined by using the rate of exchange for the purchase of such Offshore Currency with
Dollars last provided (either by publication or otherwise provided to the Administrative Agent) by the applicable Reuters source
on the Business Day (New York City time) immediately preceding the date of determination or if such service ceases to be available
or ceases to provide a rate of exchange for the purchase of such Offshore Currency with Dollars, as provided by such other publicly
available information service which provides that rate of exchange at such time in place of Reuters chosen by the Administrative
Agent in its sole discretion (or if such service ceases to be available or ceases to provide such rate of exchange, the equivalent
of such amount in Dollars as determined by the Administrative Agent using any method of determination it deems appropriate in its
sole discretion).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Offshore Currency Loan</I></B>&rdquo;
means any Loan denominated in an Offshore Currency.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Other Connection Taxes</I></B>&rdquo;
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, Letter of Credit or Loan Document).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Other Taxes</I></B>&rdquo;
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;2.19).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Overnight Bank Funding Rate</I></B>&rdquo;
means, for any day, the rate comprised of both overnight federal funds and overnight Eurodollar borrowings by U.S.-managed banking
offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on its public website
from time to time, and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>P de Mal</I></B>&rdquo; means
Papeteries de Malaucene S.A.S. and its subsidiary, Malaucene Industries S.N.C.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Panel</I></B>&rdquo;
means the UK Panel on Takeovers and Mergers.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Parent</I></B>&rdquo; has the
meaning assigned to such term in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Participant</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.04(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Participant Register</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.04(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Participating Member State</I></B>&rdquo;
means each state so described in any EMU Legislation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Patriot Act</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;9.16.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>PBGC</I></B>&rdquo; means the
Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Permitted Acquisition</I></B>&rdquo;
means any acquisition, by (i)&nbsp;Borrowers or any of their respective Restricted Subsidiaries of all or substantially all of
the assets of a Person, or of all or substantially all of any business or division of a Person or (ii)&nbsp;Borrowers or any of
their respective Restricted Subsidiaries of a majority of the Equity Interests of any Person, including, without limitation, any
Investments in a subsidiary which serves to increase the Borrowers&rsquo; or their respective Restricted Subsidiaries&rsquo; respective
equity ownership therein, in each case, so long as the following conditions have been satisfied:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Administrative Agent shall receive not less than ten (10)&nbsp;Business Days (or such shorter period as shall be agreed to by the
Administrative Agent) prior written notice of any such acquisition with an aggregate consideration of greater than the Equivalent
Amount of $100,000,000 individually or in the aggregate in any fiscal year, which notice shall include a reasonably detailed description
of the proposed terms of such acquisition and identify the anticipated closing date thereof;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Administrative Agent shall receive, not less than ten (10)&nbsp;Business Days (or such shorter period as shall be agreed to by
the Administrative Agent) prior to the consummation of such acquisition (to the extent notice thereof is required under clause
(a)&nbsp;above), a due diligence package, which package shall include, without limitation, the following with regard to the acquisition
of the applicable <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted Acquisition</U></FONT> Target:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>pro
forma financial projections (after giving effect to such acquisition) for Parent and its Restricted Subsidiaries for the current
and next two (2)&nbsp;fiscal years or through the remaining term of the agreement; and</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"></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 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
general description of (A)&nbsp;the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted Acquisition</U></FONT>
Target&rsquo;s business and (B)&nbsp;material agreements binding upon the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted
Acquisition</U></FONT> Target or any of its personal or real property and, if requested by the Administrative Agent, copies of
such material agreements;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted Acquisition</U></FONT> Target&rsquo;s business shall be in
a line of business in compliance with Section&nbsp;6.03(b);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted Acquisition</U></FONT> Target, any of its applicable subsidiaries,
and the Loan Parties shall comply with the requirements of <U>Section&nbsp;5.09</U> to provide guaranties and Collateral;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>prior
to and after giving effect to such acquisition and the incurrence of any Loans, other Indebtedness or contingent obligations in
connection therewith, Parent on a consolidated basis shall be in compliance (after giving pro forma effect to such acquisition)
with <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a Net Debt to EBITDA Ratio of the lesser of (x)&nbsp;4.75 to 1.00
and (y)</U></FONT>&nbsp;the then applicable covenant level<FONT STYLE="color: red"><STRIKE>s</STRIKE></FONT> as set forth in <U>Section&nbsp;6.11(b)<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><I>&nbsp;minus</I>
0.25</FONT></U>, in each case<FONT STYLE="color: red"><STRIKE>, <I>minus</I> 0.25,</STRIKE></FONT> calculated for the four (4)&nbsp;fiscal
quarter period ending on the last day of the most recently ended quarter for which financial statements of Parent have been delivered
to the Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>(b)</U>&nbsp;prior to such acquisition (after giving
effect, in the case of a Material Acquisition, to the Material Acquisition Period); <U>provided</U> that, in the case of any Limited
Condition Acquisition, the then applicable covenant level<FONT STYLE="color: red"><STRIKE>s</STRIKE></FONT> as set forth in <U>Section&nbsp;6.11(b)</U>&nbsp;may,
at the election of the Borrowers, be calculated as of the date the Limited Condition Acquisition Agreement is entered into, as
if the acquisition and other pro forma events in connection therewith were consummated on such date (the Borrowers&rsquo; election
to exercise such option in connection with any Limited Condition Acquisition, an &ldquo;<B><I>LCA Election</I></B>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>such
acquisition is consummated, in all material respects, in accordance with the applicable acquisition documents;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>such
acquisition shall not be hostile and (if required) shall have been approved by the board of directors (or other similar body) and/or
the stockholders or other equity holders of the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted Acquisition</U></FONT>
Target; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;with
respect to any acquisition that is not a Limited Condition Acquisition, on the date such acquisition is consummated, no Event of
Default is in existence or would occur after giving effect to such acquisition, and (ii)&nbsp;with respect to any Limited Condition
Acquisition, as of the date the Limited Condition Acquisition Agreement is executed, no Event of Default is in existence or would
occur after giving effect to such acquisition, and as of the date of consummation of such Limited Condition Acquisition, no Event
of Default described in Section&nbsp;<U>7.01(<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">a), (</FONT>h)</U>&nbsp;or
<U>(i)</U>&nbsp;shall have occurred and be continuing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>Permitted
Acquisition Target</I></B>&rdquo; means the Person</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">or business
or substantially all of the assets of a Person </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">or business</FONT></U><U>
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">proposed to be acquired pursuant to a Permitted Acquisition.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Permitted Encumbrances</I></B>&rdquo;
means:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
imposed by law for Taxes, or other governmental charges or levies that are not yet due and payable or are being contested in compliance
with <U>Section&nbsp;5.04</U>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;carriers&rsquo;,
warehousemen&rsquo;s, mechanics&rsquo;, materialmen&rsquo;s, repairmen&rsquo;s, landlord&rsquo;s and other like Liens imposed by
law or arising in the ordinary course of business and securing obligations that are not overdue by more than thirty (30) days,
except where (i)&nbsp;the validity or amount thereof is being contested in good faith by appropriate proceedings, (ii)&nbsp;the
applicable Borrower or Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with
GAAP and (iii)&nbsp;the failure to make payment pending such contest 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;pledges
and deposits made in the ordinary course of business in compliance with workers&rsquo; compensation, unemployment insurance and
other social security laws or regulations or to secure statutory obligations of the Borrowers or their Subsidiaries;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;deposits
to secure the performance of bids, trade contracts, leases, statutory obligations, surety and appeal bonds, performance bonds and
other obligations of a like nature, in each case in the ordinary course of business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;judgment
liens in respect of judgments that do not constitute an Event of Default under <U>clause (k)</U>&nbsp;of <U>Article&nbsp;VII</U>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;survey
exceptions, encumbrances, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines,
telegraph and telephone lines and other similar purposes, or zoning or other similar restrictions as to the use of real property
or Liens incidental to the conduct of the business of such Person or to the ownership of its properties which do not individually
or in the aggregate materially adversely affect the value of Parent and its Restricted Subsidiaries taken as a whole or materially
impair the operation of the business of Parent and its Restricted Subsidiaries taken as a whole;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
on specific items of inventory or other goods (other than fixed or capital assets) and proceeds thereof of any Person securing
such Person&rsquo;s obligations in respect of bankers&rsquo; acceptances or letters of credit issued or created for the account
of such Person to facilitate the purchase, shipment or storage of such inventory or other goods in the ordinary course of business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to commodity trading accounts
or other brokerage accounts incurred in the ordinary course of business and not for speculative purposes;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
securing Indebtedness of a Restricted Subsidiary owed to and held by Parent or Loan Guarantor;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
the avoidance of doubt, other Liens (not securing Indebtedness) incidental to the conduct of the business of Parent or any of its
Restricted Subsidiaries, as the case may be, or the ownership of their assets which do not individually or in the aggregate materially
adversely affect the value of Parent and its Restricted Subsidiaries taken as a whole or materially impair the operation of the
business of Parent and its Restricted Subsidiaries taken as a whole;</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"></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 0pt 0.5in; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
(i)&nbsp;that are contractual rights of set-off (A)&nbsp;relating to the establishment of depository relations with banks not given
in connection with the issuance of Indebtedness, (B)&nbsp;relating to pooled deposit or sweep accounts of Parent or any of its
Restricted Subsidiaries to permit satisfaction of overdraft or similar obligations and other cash management activities incurred
in the ordinary course of business of Parent and/or any of its Restricted Subsidiaries or (C)&nbsp;relating to purchase orders
and other agreements entered into with customers of Parent or any of its Restricted Subsidiaries in the ordinary course of business,
(ii)&nbsp;of a collecting bank arising under Section&nbsp;4-210 (or equivalent Section) of the Uniform Commercial Code on items
in the course of collection, and (iii)&nbsp;in favor of banking institutions arising as a matter of law or pursuant to customary
account agreements encumbering deposits (including the right of set-off) and which are within the general parameters customary
in the banking industry;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
interest of title of an owner of equipment or inventory on loan or consignment, or as part of a conditional sale, to the Parent
or any of its Restricted Subsidiaries and Liens arising from Uniform Commercial Code financing statement filings regarding bailments
of paper and paper products entered into by the Parent or any Restricted Subsidiary in the ordinary course of business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;options,
put and call arrangements, rights of first refusal and similar rights relating to Investments in joint ventures, partnerships and
the like permitted to be made under this Agreement;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
arising in connection with repurchase agreements that constitute Investments;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
securing obligations for third party customer financings in the ordinary course of business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
on cash, Permitted Investments or other property arising in connection with the defeasance, discharge, prepayment or redemption
of Indebtedness not prohibited by this Agreement;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
on the Equity Interests of Unrestricted Subsidiaries that secure Indebtedness of such Unrestricted Subsidiaries;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
arising out of any Sale and Leaseback Transaction permitted under this Agreement; <U>provided</U>, that such Liens shall not apply
to any assets of the Parent or its Restricted Subsidiaries other than the assets subject to such Sale and Leaseback Transaction,
including any proceeds and products thereof;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(s)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of real property that constitutes a leasehold interest, any Lien to which the fee simple interest (or any superior leasehold
interest) is subject; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens
arising out of conditional sale, title retention or similar arrangements for the sale or purchase of goods by Parent or any of
the Restricted Subsidiaries in the ordinary course of business.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Permitted Investments</I></B>&rdquo;
means any of the following Investments: (i)(a)&nbsp;Euro, Pounds Sterling, Yen, Swiss Francs, Canadian Dollars, or any national
currency of any member state in the European Union or (b)&nbsp;local currencies held from time to time in the ordinary course of
business; (ii)&nbsp;securities issued or directly and fully and unconditionally guaranteed or insured by the United States government
or any country that is a member state of the European Union or any agency or instrumentality thereof the securities of which are
unconditionally guaranteed as a full faith and credit obligation of such government with maturities of one (1)&nbsp;year or less
from the date of acquisition; (iii)&nbsp;certificates of deposit, time deposits, and eurodollar time deposits with maturities of
one year or less from the date of acquisition, bankers&rsquo; acceptances with maturities not exceeding one year, and overnight
bank deposits, in each case with any commercial bank having capital and surplus of not less than $250,000,000 (determined at the
date of acquisition thereof); (iv)&nbsp;repurchase obligations for underlying securities of the types described in clauses (ii),
(iii), and (viii)&nbsp;of this definition entered into with any financial institution meeting the qualifications specified in clause
(iii)&nbsp;of this definition (determined at the date of acquisition thereof); (v)&nbsp;commercial paper rated at least &ldquo;P
2&rdquo; by Moody&rsquo;s (or the equivalent thereof) or at least &ldquo;A-2&rdquo; by S&amp;P (or the equivalent thereof) (determined
at the date of acquisition thereof) (or, if at any time neither Moody&rsquo;s nor S&amp;P shall be rating such obligations, an
equivalent rating from another nationally recognized ratings agency) and, in each case, maturing within one (1)&nbsp;year after
the date of creation thereof; (vi)&nbsp;marketable short term money market and similar securities having a rating of at least &ldquo;P
2&rdquo; from Moody&rsquo;s (or the equivalent thereof) or &ldquo;A-2&rdquo; from S&amp;P (or the equivalent thereof), respectively
(or, if at any time neither Moody&rsquo;s nor S&amp;P shall be rating such obligations, an equivalent rating from another nationally
recognized ratings agency) (determined at the date of acquisition thereof) and, in each case, maturing within one (1)&nbsp;year
after the date of creation or acquisition thereof; (vii)&nbsp;readily marketable direct obligations issued by any state, commonwealth,
or territory of the United States or any political subdivision or taxing authority thereof having one of the two highest rating
categories obtainable from either Moody&rsquo;s or S&amp;P (determined at the date of acquisition thereof) with maturities of one
(1)&nbsp;year or less from the date of acquisition; (viii)&nbsp;investments equivalent to those referred to in clauses (i)&nbsp;through
(vii)&nbsp;above or funds equivalent to those referred to in clause (x)&nbsp;below denominated in U.S. Dollars or any foreign currency
issued by a foreign issuer or bank comparable in credit quality and tender to those referred to in such clauses and customarily
used by corporations for cash management purposes in jurisdictions outside the United States to the extent reasonably required
in connection with any business conducted by any Restricted Subsidiary, all as determined in good faith by the Parent; (ix)&nbsp;in
the case of investments by any Foreign Subsidiary or investments made in a country outside the United States, Permitted Investments
shall also include investments of the type and maturity described in clauses (i)&nbsp;through (viii)&nbsp;of this definition of
foreign obligors, which investments have ratings, described in such clauses or equivalent ratings from comparable foreign rating
agencies (determined at the date of acquisition thereof); and (x)&nbsp;investment funds investing substantially all of their assets
in securities of the types described in clauses (i)&nbsp;through (viii)&nbsp;of this definition (determined at the date of acquisition
thereof). Notwithstanding the foregoing, Permitted Investments shall include amounts denominated in currencies other than Dollars
and those set forth in clause (i)&nbsp;above; <U>provided</U> that such amounts are converted into U.S. Dollars or any currency
listed in clause (i)&nbsp;above as promptly as practicable. Any items identified as Permitted Investments under this definition
will be deemed to be a cash equivalent for all purposes under this Agreement regardless of the treatment of such items under GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Permitted Liens</I></B>&rdquo;
means Liens permitted by <U>Section&nbsp;6.02</U> hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>Permitted
TLB Modification</I></B>&rdquo; means a modification to this Agreement and the other Loan Documents, effected in connection with
a TLB Modification Offer pursuant to Sections 2.21(h)&nbsp;and (i), providing for an extension of the maturity date and/or amortization
applicable to the Term B Loans and/or Term B Commitments of the Accepting Term B Lenders and that, in connection therewith, may
also provide for (a)(i)&nbsp;a change in the Applicable Rate with respect to the Term B Loans of the Accepting Term B Lenders subject
to such Permitted TLB Modification and/or (ii)&nbsp;a change in the fees payable to, or the inclusion of new fees to be payable
to, the Accepting Term B Lenders in respect of such Term B Loans and/or Term B Commitments, (b)&nbsp;changes to any prepayment
premiums with respect to the Term B Loans and Term B Commitments, (c)&nbsp;such modifications to this Agreement and the other Loan
Documents as shall be appropriate, in the reasonable judgment of the Administrative Agent, to provide the rights and benefits of
this Agreement and other Loan Documents to each new &ldquo;Class&rdquo; of loans and/or commitments resulting therefrom and (d)&nbsp;additional
modifications to the terms of this Agreement applicable to the Term B Loans and/or Term B Commitments of the Accepting Term B Lenders
that are (i)&nbsp;less favorable to such Accepting Term B Lenders than the terms of this Agreement immediately prior to giving
effect to such Permitted TLB Modification or (ii)&nbsp;no more restrictive, when taken as a whole, than those under this Agreement
benefiting the Term B Loans subject thereto as in effect immediately prior to giving effect to such Permitted TLB Modification
(except for covenants or other provisions applicable only to periods after the then latest final maturity date of any Term B Loans)
and that</U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">, in each case of clauses (</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">d)(i)&nbsp;and
(ii), are reasonably acceptable to the Administrative Agent.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Person</I></B>&rdquo; means
any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental
Authority or other entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Philippine Subsidiaries</I></B>&rdquo;
means each of Schweitzer Maudit RTL Philippines,&nbsp;Inc., PDM Philippines Industries Inc. and Luna Rio Landholding Corporation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Plan</I></B>&rdquo; means any
employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title&nbsp;IV of ERISA or Section&nbsp;412
of the Code or Section&nbsp;302 of ERISA, and in respect of which any Loan Party or any ERISA Affiliate is (or, if such plan were
terminated, would under Section&nbsp;4069 of ERISA be deemed to be) an &ldquo;employer&rdquo; as defined in Section&nbsp;3(5)&nbsp;of
ERISA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Plan Asset Regulations</I></B>&rdquo;
means 29 CFR &sect; 2510.3-101 <I>et seq.</I>, as modified by Section&nbsp;3(42) of ERISA, as amended from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Pledge Agreement</I></B>&rdquo;
means that certain Pledge Agreement (including any and all supplements thereto), dated as of the date hereof, among the Foreign
Borrowers and the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Parties.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Press
Release</I></B>&rdquo; means a press announcement released by or on behalf of any Borrower or any Acquisition Co (if any) in accordance
with Rule&nbsp;2.7 of the City Code announcing that the Target Acquisition is to be effected by a Scheme and setting out the terms
and conditions of the Scheme.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: red"><STRIKE>&ldquo;<B><I>Prepayment
Event</I></B>&rdquo; means:</STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: green"><STRIKE>(a)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: green"><STRIKE>any
Asset Disposition (including pursuant to a Sale and Leaseback</STRIKE></FONT><STRIKE><FONT STYLE="color: red">) by any Loan Party
</FONT><FONT STYLE="color: green">or any Restricted Subsidiary, other than dispositions described in </FONT></STRIKE><FONT STYLE="color: green"><U><STRIKE>Section&nbsp;6.04(i)</STRIKE></U></FONT><FONT STYLE="color: red"><STRIKE>,
</STRIKE><U><STRIKE>(ii)</STRIKE></U><STRIKE>&nbsp;and </STRIKE><U><STRIKE>(iii)</STRIKE></U><STRIKE>; or</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: green"><STRIKE>(b)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: green"><STRIKE>any
casualty or other insured damage to, or any taking under power of eminent domain or by condemnation or similar proceeding of, any
property or asset of any </STRIKE></FONT><STRIKE><FONT STYLE="color: red">Loan Party </FONT><FONT STYLE="color: green">or any Restricted
Subsidiary with a fair value immediately prior to such event equal to or greater than $10,000,000.</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Prime Rate</I></B>&rdquo; means
the rate of interest <FONT STYLE="color: red"><I><STRIKE>per annum</STRIKE></I><STRIKE> publicly announced from time to time by
</STRIKE></FONT><STRIKE><FONT STYLE="color: green">JPMorgan Chase Bank, N.A. </FONT><FONT STYLE="color: red">as its prime rate
in effect at its office located at 270 Park Avenue, New York, New York;</FONT></STRIKE><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>last
quoted by The Wall Street Journal as the &ldquo;Prime Rate&rdquo; in the U.S. or, if The Wall Street Journal ceases to quote such
rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical Release H.15 (519)
(Selected Interest Rates) as the &ldquo;bank prime loan&rdquo; rate or, if such rate is no longer quoted therein, any similar rate
quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board (as determined by
the Administrative Agent).</U></FONT> <FONT STYLE="color: red"><STRIKE>e</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>E</U></FONT>ach
change in the Prime Rate shall be effective from and including the date such change is publicly announced <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or
quoted</U></FONT> as being effective.</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"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Proceeding</I></B>&rdquo;
means any claim, litigation, investigation, action, suit, arbitration or administrative, judicial or regulatory action or proceeding
in any jurisdiction.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>PTE</I></B>&rdquo; means a
prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to
time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Public-Sider</I></B>&rdquo;
means a Lender whose representatives may trade in securities of any Borrower or its Controlling Person or any of its Subsidiaries
while in possession of the financial statements provided by such Borrower under the terms of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>QFC</I></B>&rdquo;
has the meaning assigned to the term &ldquo;qualified financial contract&rdquo; in, and shall be interpreted in accordance with,
12 U.S.C. 5390(c)(8)(D).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>QFC
Credit Support</I></B>&rdquo; has the meaning assigned to it in Section&nbsp;9.19.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Qualified ECP Guarantor</I></B>&rdquo;
means, in respect of any Swap Agreement Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the
relevant Loan Guaranty or grant of the relevant security interest becomes or would become effective with respect to such Swap Agreement
Obligation or such other person as constitutes an &ldquo;eligible contract participant&rdquo; under the Commodity Exchange Act
or any regulations promulgated thereunder and can cause another person to qualify as an &ldquo;eligible contract participant&rdquo;
at such time by entering into a keepwell under Section&nbsp;1a(18)(A)(v)(II)&nbsp;of the Commodity Exchange Act.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Redemption Notice</I></B>&rdquo;
has the meaning assigned to such term in <U>Section&nbsp;6.12</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Reference
Time</I></B>&rdquo; with respect to any setting of the then-current Benchmark means (1)&nbsp;if such Benchmark is LIBO Rate (other
than a LIBO Rate for Euro denominated loans), 11:00 a.m.&nbsp;(London time) on the day that is two London banking days preceding
the date of such setting, and (2)&nbsp;if such Benchmark is not LIBO Rate (or a LIBO Rate for Euro denominated loans), the time
determined by the Administrative Agent in its reasonable discretion.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Register</I></B>&rdquo; has
the meaning assigned to such term in Section&nbsp;9.04(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Registrar</I></B>&rdquo;
means the Registrar of Companies for England and Wales.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Regulation D</I></B>&rdquo;
means Regulation D of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder
or thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Regulation T</I></B>&rdquo;
means Regulation T of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder
or thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Regulation U</I></B>&rdquo;
means Regulation U of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder
or thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Regulation X</I></B>&rdquo;
means Regulation X of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder
or thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Related Business Assets</I></B>&rdquo;
means assets (other than cash or Permitted Investments or current assets) used or useful in the business of the Parent and its
Restricted Subsidiaries conducted in accordance with <U>Section&nbsp;6.03(b)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Related Parties</I></B>&rdquo;
means, with respect to any specified Person, such Person&rsquo;s Affiliates and the respective directors, managers, general partners,
officers, employees, agents and advisors of such Person and such Person&rsquo;s 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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Relevant
Governmental Body</I></B>&rdquo; means (i)&nbsp;with respect to a Benchmark Replacement in respect of Loans denominated in Dollars,
the Federal Reserve Board and/or the NYFRB, or a committee officially endorsed or convened by the Federal Reserve Board and/or
the NYFRB or, in each case, any successor thereto and (ii)&nbsp;with respect to a Benchmark Replacement in respect of Loans denominated
in any Offshore Currency, (a)&nbsp;the central bank for the currency in which such Benchmark Replacement is denominated or any
central bank or other supervisor which is responsible for supervising either (1)&nbsp;such Benchmark Replacement or (2)&nbsp;the
administrator of such Benchmark Replacement or (b)&nbsp;any working group or committee officially endorsed or convened by (1)&nbsp;the
central bank for the currency in which such Benchmark Replacement is denominated, (2)&nbsp;any central bank or other supervisor
that is responsible for supervising either (A)&nbsp;such Benchmark Replacement or (B)&nbsp;the administrator of such Benchmark
Replacement, (3)&nbsp;a group of those central banks or other supervisors or (4)&nbsp;the Financial Stability Board or any part
thereof.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Replacement Lender</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.21(c).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Repricing
Event</I></B>&rdquo; means (i)&nbsp;any prepayment, repayment or replacement of the Term B Facility (including Term B Commitments),
in whole or in part, in each case the primary purpose of which is to reduce the All-in Yield applicable to such portion of the
Term B Facility (including commitments therefor), with the proceeds of indebtedness (or commitments in respect of indebtedness)
with an All-in Yield less than the All-in Yield applicable to such portion of the Term B Facility (as such comparative yields are
determined in the reasonable judgment of the Administrative Agent consistent with generally accepted financial practices) and (ii)&nbsp;any
amendment to the Term B Facility (including any amendment affecting the Term B Commitments) the primary purpose of which is to
reduce the All-in Yield applicable to the Term B Facility, but in each case, excluding any repayment, replacement or amendment
occurring in connection with a Change in Control or an acquisition or Investment not permitted under the Loan Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Required
Lenders</I></B>&rdquo; means, subject to Section&nbsp;2.20, at any time, Lenders having Revolving Credit Exposures, outstanding
Term Loans and unused Commitments representing at least 50.1% of the sum of the Total Revolving Credit Exposure, outstanding Term
Loans and unused Commitments at such time; provided that for purposes of declaring the Loans to be due and payable pursuant to
Section&nbsp;7.01, and for all purposes after the Loans become due and payable pursuant to Section&nbsp;7.01 or the Commitments
expire or terminate, then, as to each Lender, clause (a)&nbsp;of the definition of Swingline Exposure shall only be applicable
for purposes of determining the Revolving Credit Exposure of such Lender to the extent such Lender shall have funded its participation
in the outstanding Swingline Loans.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Required
RC Lenders</I></B>&rdquo; means, subject to Section&nbsp;2.20, at any time, Lenders having Revolving Credit Exposures and unused
Revolving Commitments representing at least 50.1% of the sum of the Total Revolving Credit Exposure and aggregate unused Revolving
Commitments at such time; provided that for purposes of declaring the Loans to be due and payable pursuant to Section&nbsp;7.01,
and for all purposes after the Loans become due and payable pursuant to Section&nbsp;7.01 or the Commitments expire or terminate,
then, as to each Lender, clause (a)&nbsp;of the definition of Swingline Exposure shall only be applicable for purposes of determining
the Revolving Credit Exposure of such Lender to the extent such Lender shall have funded its participation in the outstanding Swingline
Loans.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Required <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT>
Lenders</I></B>&rdquo; means, subject to <U>Section&nbsp;2.20</U>, at any time, Lenders having Revolving Credit Exposures, outstanding
Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
unused <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving Commitments and Term A</U></FONT> Commitments representing
at least 50.1% of the sum of the Total Revolving Credit Exposure, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>aggregate</U></FONT>
outstanding Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans <FONT STYLE="color: red"><STRIKE>and
unused</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, aggregate unused Revolving Commitments and aggregate
Term A</U></FONT> Commitments at such time; <U>provided</U> that for purposes of declaring the Loans to be due and payable pursuant
to <U>Section&nbsp;7.01</U>, and for all purposes after the Loans become due and payable pursuant to <U>Section&nbsp;7.01</U> or
the Commitments expire or terminate, then, as to each Lender, clause (a)&nbsp;of the definition of Swingline Exposure shall only
be applicable for purposes of determining the Revolving Credit Exposure of such Lender to the extent such Lender shall have funded
its participation in the outstanding Swingline Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Requirement of Law</I></B>&rdquo;
means, as to any Person, the certificate of incorporation and bylaws or other organizational or governing documents of such Person,
and any law, treaty, rule&nbsp;or regulation or determination of an arbitrator or a court or other Governmental Authority, in each
case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Resolution
Authority</I></B>&rdquo; means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Response Date</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.21(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-indent: 0.5in">&ldquo;<B><I>Responsible Officer</I></B>&rdquo;
means the president, Financial Officer or other executive officer of a Borrower.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Restricted</I></B>&rdquo; means,
when referring to cash or cash equivalents (including Permitted Investments) of Parent or any of its Restricted Subsidiaries, that
such cash or cash equivalents (including Permitted Investments) (i)&nbsp;appear (or would be required to appear) as &ldquo;restricted&rdquo;
on a consolidated balance sheet of Parent and its Restricted Subsidiaries (unless such appearance is related to the Loan Documents
or Liens created thereunder) as determined in accordance with GAAP, or (ii)&nbsp;are subject to a Lien in favor of any Person other
than Administrative Agent for the benefit of the Secured Parties (but excluding amounts serving as cash collateral for Letters
of Credit) securing Indebtedness for borrowed money that constitutes Material Indebtedness. For the avoidance of doubt, it is understood
that any such Indebtedness of Parent or any of its Restricted Subsidiaries that is secured by a Lien on cash or cash equivalents
(including Permitted Investments) shall be included in the calculation of Total Debt for purposes of the Net Debt to EBITDA Ratio
and/or the Senior Secured Net Debt to EBITDA Ratio, as applicable.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Restricted Payment</I></B>&rdquo;
means any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in
any Borrower or any Restricted Subsidiary, or any payment (whether in cash, securities or other property), including any sinking
fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such
Equity Interests or any option, warrant or other right to acquire any such Equity Interests.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Restricted Subsidiary</I></B>&rdquo;
means any Subsidiary of the U.S. Borrower other than an Unrestricted 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-indent: 0.5in">&ldquo;<B><I>Revolving Commitment</I></B>&rdquo;
means, with respect to each Lender, the commitment, if any, of such Lender to make Revolving Loans and to acquire participations
in Letters of Credit and Swingline Loans hereunder up to the amount set forth on the Commitment Schedule (or in the Assignment
and Assumption pursuant to which such Lender becomes a party hereto, as applicable) as such commitment may be reduced, increased
or extended from time to time pursuant to (a)&nbsp;<U>Section&nbsp;2.09</U> or <U>Section&nbsp;2.21</U> and (b)&nbsp;assignments
by or to such Lender pursuant to <U>Section&nbsp;9.04</U>. The portion of the Revolving Commitments, if any, which may be utilized
for EUR Revolving Loans shall constitute the EUR Revolving Commitment, which shall be treated as a sub-facility of the Revolving
Commitment; <U>provided</U> that, the total Revolving Credit Exposure shall not exceed the total Revolving Commitments. The initial
aggregate amount of the Lenders&rsquo; Revolving Commitments <FONT STYLE="color: red"><STRIKE>is</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>as
of the Effective Date was</U></FONT> $500,000,000.</P>

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

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

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

<!-- Field: Split-Segment; Name: 5 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Revolving Credit Exposure</I></B>&rdquo;
means, with respect to any Lender at any time, the sum of the Equivalent Amount in U.S. Dollars of the outstanding principal amount
of such Lender&rsquo;s Revolving Loans, its LC Exposure and its Swingline Exposure at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Revolving
Credit Facility</I></B>&rdquo; means the Revolving Credit Commitments and the extensions of credit made thereunder.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Revolving Lenders</I></B>&rdquo;
means, collectively, the U.S. Revolving Credit Lenders and the EUR Revolving Credit Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Revolving Loan</I></B>&rdquo;
means a Loan made pursuant to Section&nbsp;2.01(a)&nbsp;or 2.01(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Revolving Maturity Date</I></B>&rdquo;
means the later of (a)&nbsp;September&nbsp;25, 2023 and (b)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>with
respect to the applicable Revolving Commitments,</U></FONT> if the maturity date is extended pursuant to Section&nbsp;2.21, such
extended maturity date pursuant to such Section.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>S&amp;P</I></B>&rdquo; means
Standard&nbsp;&amp; Poor&rsquo;s Rating Services, a Standard&nbsp;&amp; Poor&rsquo;s Financial Services LLC business, or any successor
thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Sale and Leaseback Transaction</I></B>&rdquo;
means any sale or other transfer of property by any Person with the intent to lease such property as lessee, but excluding any
such transaction pertaining to the sale of real property entered into by a Person prior to the date such Person became a Subsidiary
of the Parent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Sanctioned Country</I></B>&rdquo;
means, at any time, a country, region or territory which is itself the subject or target of any Sanctions (at the time of this
Agreement, Crimea, Cuba,&nbsp;Iran, North Korea, Sudan and Syria).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Sanctioned Person</I></B>&rdquo;
means, at any time, (a)&nbsp;any Person listed in any Sanctions-related list of designated Persons maintained by the Office of
Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>U.S.
Department of Commerce, the</U></FONT> United Nations Security Council, the European Union, any European Union member state, Her
Majesty&rsquo;s Treasury of the United Kingdom or other relevant sanctions authority, (b)&nbsp;any Person operating, organized
or resident in a Sanctioned Country, (c)&nbsp;any agency, political subdivision or instrumentality of the government of a Sanctioned
Country, (d)&nbsp;any Person owned or controlled by any such Person or Persons described in the foregoing clauses (a), (b)&nbsp;or
(c), or (e)&nbsp;any Person otherwise the subject of any Sanctions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Sanctions</I></B>&rdquo; means
all economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a)&nbsp;the U.S.
government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the
U.S. Department of State, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the U.S. Department of Commerce,</U></FONT>
or (b)&nbsp;the United Nations Security Council, the European Union, any European Union member state, Her Majesty&rsquo;s Treasury
of the United Kingdom or other relevant sanctions authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme</I></B>&rdquo;
means a scheme of arrangement under Part&nbsp;26 of the Companies Act 2006 to be conducted in accordance with the City Code between
the Target and the Scheme Shareholders, pursuant to which any Borrower or any Acquisition Co (if any) will become the holder of
all of the Scheme Shares in accordance with the Scheme Documents, subject to such changes and amendments to the extent not prohibited
by the Loan Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Circular</I></B>&rdquo; means the document issued by or on behalf of the Target to shareholders of the Target setting out the terms
and conditions of, and an explanatory statement in relation to, the Scheme, stating the recommendation for the Target Acquisition
and the Scheme to the shareholders of the Target by the independent directors of the Target and setting out the notices of the
Court Meeting and the General Meeting, as such document may be amended from time to time to the extent such amendment is not prohibited
by the Loan Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Court Order</I></B>&rdquo; means the order of the Court sanctioning the Scheme.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Documents</I></B>&rdquo; means, collectively, (a)&nbsp;the Scheme Circular, (b)&nbsp;the Press Release, (c)&nbsp;the Scheme Resolutions
and (d)&nbsp;any other document issued by or on behalf of the Target to its shareholders in respect of the Scheme and any other
document designated as a &ldquo;Scheme Document&rdquo; hereunder by the Administrative Agent and Parent.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Effective Date</I></B>&rdquo; means the date on which the Scheme Court Order sanctioning the Scheme is duly delivered on behalf
of the Target to the Registrar.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Resolutions</I></B>&rdquo; means the resolutions of the shareholders of the Target which are required to implement the Scheme and
which are referred to, and substantially in the form set out in, the Scheme Circular and which are to be proposed at the General
Meeting.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Shareholders</I></B>&rdquo; means, at any time, the registered holders of Scheme Shares at such time.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Scheme
Shares</I></B>&rdquo; means the Target Shares which are subject to the Scheme in accordance with the terms of the Scheme.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>SEC</I></B>&rdquo; means the
Securities and Exchange Commission of the United State of America.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Secured Obligations</I></B>&rdquo;
means all Obligations, together with (i)&nbsp;all Banking Services Obligations owing to one or more Lenders or their respective
Affiliates and (ii)&nbsp;all Swap Agreement Obligations; <U>provided</U>, <U>however</U>, that the definition of &ldquo;Secured
Obligations&rdquo; shall not create any guarantee by any Loan Guarantor of (or grant of security interest by any Loan Guarantor
to support, as applicable) any Excluded Swap Obligations of such Loan Guarantor for purposes of determining any obligations of
any Loan Guarantor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Secured Parties</I></B>&rdquo;
means (a)&nbsp;the Administrative Agent, (b)&nbsp;the Lenders, (c)&nbsp;each Issuing Bank, (d)&nbsp;each provider of Banking Services,
to the extent the Banking Services Obligations in respect thereof constitute Secured Obligations, (e)&nbsp;each counterparty to
any Swap Agreement, to the extent the obligations thereunder constitute Secured Obligations, (f)&nbsp;the beneficiaries of each
indemnification obligation undertaken by any Loan Party under any Loan Document, and (g)&nbsp;the successors and assigns of each
of the foregoing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Security Agreement</I></B>&rdquo;
means that certain Pledge and Security Agreement (including any and all supplements thereto), dated as of the date hereof, among
the Loan Parties and the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Parties, and any
other pledge or security agreement entered into, after the date of this Agreement by any other Loan Party (as required by this
Agreement or any other Loan Document) or any other Person for the benefit of the Administrative Agent and the other Secured Parties,
as the same may be amended, restated, supplemented or otherwise modified from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in">&ldquo;<B><I>Senior Notes</I></B>&rdquo;
means the 6.875% Senior Notes due 2026, issued by Parent in an aggregate principal amount of $350,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Senior Secured Debt</I></B>&rdquo;
means, for any date of determination, Parent&rsquo;s and its Restricted Subsidiaries&rsquo; consolidated Total Debt that is secured
by a first priority Lien on any asset or property of any Loan Party or any Restricted Subsidiary as of such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Senior Secured Net Debt</I></B>&rdquo;
means, for any date of determination, (a)&nbsp;Parent&rsquo;s and its Restricted Subsidiaries&rsquo; consolidated Senior Secured
Debt as of such date <I>minus</I> (b)&nbsp;the sum of Parent&rsquo;s and its Restricted Subsidiaries&rsquo; Unrestricted Cash in
an aggregate amount not to exceed $200,000,000 (in each case as defined in and set forth on the consolidated financial statements
of Parent for the previous fiscal quarter or year for which financial statements have been delivered pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or
<U>(b)</U>), as determined in accordance with GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Senior Secured Net Debt to
EBITDA Ratio</I></B>&rdquo; means, on any date of determination, the ratio of (a)&nbsp;Senior Secured Net Debt as of such date
to (b)&nbsp;EBITDA for the most recently completed four fiscal quarters then ended of Parent as of such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>&ldquo;<B><I>Significant
Subsidiary</I></B>&rdquo; means (a)&nbsp;each Material Subsidiary and (b)&nbsp;such other Restricted Subsidiaries, as determined
from time to time by Parent, that, when taken together with the Loan Parties and the Material Subsidiaries, hold 85% or more of
the consolidated assets or generate 85% or more of consolidated EBITDA of Parent</STRIKE></FONT><STRIKE><FONT STYLE="color: green">,
in each case of clauses (</FONT><FONT STYLE="color: red">a)&nbsp;and (b), calculated as of the most recent fiscal period for which
the Administrative Agent shall have received financial statements required to be delivered pursuant to </FONT></STRIKE><FONT STYLE="color: red"><U><STRIKE>Sections
5.01(a)</STRIKE></U><STRIKE>&nbsp;and </STRIKE><U><STRIKE>(b)</STRIKE></U><STRIKE>.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>SOFR</I></B>&rdquo;
means, with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such Business Day published
by the SOFR Administrator on the SOFR Administrator&rsquo;s Website at approximately 8:00 a.m.&nbsp;(New York City time) on the
immediately succeeding Business Day.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>SOFR
Administrator</I></B>&rdquo; means the NYFRB (or a successor administrator of the secured overnight financing rate).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>SOFR
Administrator&rsquo;s Website</I></B>&rdquo; means the NYFRB&rsquo;s website, currently at http://www.newyorkfed.org, or any successor
source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Solvent</I></B>&rdquo; means,
as to any Person: (a)&nbsp;the fair value of the assets of such Person, at a fair valuation, will exceed its debts and liabilities,
subordinated, contingent or otherwise; (b)&nbsp;the present fair saleable value of the property of such Person will be greater
than the amount that will be required to pay the probable liability of its debts and other liabilities, subordinated, contingent
or otherwise, as such debts and other liabilities become absolute and matured; (c)&nbsp;such Person will be able to pay its debts
and liabilities, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured; and (d)&nbsp;such
Person will not have unreasonably small capital with which to conduct the business in which it is engaged as such business is now
conducted and is proposed to be conducted after the Effective Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Specified Jurisdictions</I></B>&rdquo;
means the United States of America.</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"></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-indent: 0.5in">&ldquo;<B><I>Spot Rate</I></B>&rdquo; for
a currency means (a)&nbsp;for any Computation Date ending on the last day of a fiscal quarter (except in the case of any determination
of the Spot Rate used in the calculation of the Equivalent Amount in connection with or pursuant to any terms, conditions or other
provisions located in Article&nbsp;II herein), the rate used by Parent in preparing its financial statements in accordance with
GAAP and (b)&nbsp;for all other purposes, the rate quoted by the Administrative Agent as the spot rate for the purchase by the
Administrative Agent of such currency with another currency through its foreign exchange office at approximately 11:00 a.m.&nbsp;(New
York City time) on the date two (2)&nbsp;Business Days prior to the date as of which the foreign exchange computation is made.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Squeeze-Out
Level Acceptances</I></B>&rdquo; means acceptances under the Takeover Offer that will, when aggregated with all Target Shares (excluding
shares held in treasury) directly or indirectly owned by any Borrower or any Acquisition Co (if any), result in Parent (directly
or indirectly) holding shares representing, in any case, more than 90% of all Target Shares on a fully diluted basis (excluding
any shares held in treasury).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Squeeze-Out
Payments</I></B>&rdquo; means payment (directly or indirectly) of the cash consideration payable to the holders of Target Shares
pursuant to the operation by any Borrower or any Acquisition Co (if any) of the procedures contained in Sections 979 to 982 of
the Companies Act 2006.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Squeeze-Out
Procedure</I></B>&rdquo; means, if the Target Acquisition is implemented by means of a Takeover Offer, the procedure to be implemented
following the Unconditional Date under Chapter 3 of Part&nbsp;28 of the Companies Act 2006 to acquire all of the outstanding Target
Shares which Parent or any Acquisition Co (if any) has not acquired, contracted to acquire or in respect of which it has not received
valid acceptances.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Statutory Reserve Rate</I></B>&rdquo;
means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number
one <I>minus</I> the aggregate of the maximum reserve percentage (including any marginal, special, emergency or supplemental reserves)
expressed as a decimal established by the Federal Reserve Board to which the Administrative Agent is subject with respect to the
Adjusted LIBO Rate, for eurocurrency funding (currently referred to as &ldquo;Eurocurrency liabilities&rdquo; in Regulation D).
Such reserve percentage shall include those imposed pursuant to Regulation D. Eurodollar Loans shall be deemed to constitute eurocurrency
funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may
be available from time to time to any Lender under Regulation D or any comparable regulation. The Statutory Reserve Rate shall
be adjusted automatically on and as of the effective date of any change in any reserve percentage.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Subordinated Indebtedness</I></B>&rdquo;
means all Indebtedness incurred by any Loan Party which by its terms is contractually subordinated in right of payment to the prior
payment of the Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>subsidiary</I></B>&rdquo; means,
with respect to any Person (the &ldquo;<B><I>parent</I></B>&rdquo;) at any date, any corporation, limited liability company, partnership,
association or other entity the accounts of which would be consolidated with those of the parent in the parent&rsquo;s consolidated
financial statements if such financial statements were prepared in accordance with GAAP as of such date, as well as any other corporation,
limited liability company, partnership, association or other entity of which securities or other ownership interests representing
more than 50% of the equity or more than 50% of the ordinary voting power or, in the case of a partnership, more than 50% of the
general partnership interests are, as of such date, owned, controlled or held by the parent and/or one or more subsidiaries of
the parent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Subsidiary</I></B>&rdquo; means
any direct or indirect subsidiary of any Borrower; <U>provided</U>, <U>however</U>, from and after the occurrence of a Bankruptcy
Action with respect to SWM Brazil or P de Mal to the extent such Bankruptcy Action was permitted under <U>Section&nbsp;6.03(a)(v)</U>,
SWM Brazil and/or P de Mal, as applicable, shall not be deemed to be a Subsidiary under this Agreement and the other Loan Documents
for purposes of compliance with Article&nbsp;III, Article&nbsp;V, Article&nbsp;VI (other than Section&nbsp;6.11 therein) and Article&nbsp;VII
herein.</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"></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-indent: 0.5in">&ldquo;<B><I>Subsidiary Guaranty</I></B>&rdquo;
means that certain Subsidiary Guaranty (including any and all supplements thereto), dated as of the date hereof, by the Loan Guarantors
in favor of the Administrative Agent and the other Secured Parties, as the same may be amended, restated, supplemented or otherwise
modified from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Supported
QFC</I></B>&rdquo; has the meaning assigned to it in Section&nbsp;9.19.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Swap Agreement</I></B>&rdquo;
means any agreement with respect to any swap, forward, future or derivative transaction or option or similar agreement involving,
or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic,
financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination
of these transactions; <U>provided</U> that no phantom stock or similar plan providing for payments only on account of services
provided by current or former directors, officers, employees or consultants of the Borrowers or the Subsidiaries shall be a Swap
Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Swap Agreement Obligations</I></B>&rdquo;
means any and all obligations of the Loan Parties and their Subsidiaries, whether absolute or contingent and howsoever and whensoever
created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor),
under (a)&nbsp;any and all Swap Agreements with any Person that was a Lender or an Affiliate of a Lender at the time of making
such Swap Agreement Obligations (or such Swap Agreement Obligations in existence as of the Effective Date), and (b)&nbsp;any and
all cancellations, buy backs, reversals, terminations or assignments of any such Swap Agreement transaction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Swingline Commitment</I></B>&rdquo;
means as to any Lender (i)&nbsp;the amount set forth opposite such Lender&rsquo;s name on Schedule 2.01B hereof or (ii)&nbsp;if
such Lender has entered into an Assignment and Assumption or has otherwise assumed a Swingline Commitment after the Effective Date,
the amount set forth for such Lender as its Swingline Commitment in the Register maintained by the Administrative Agent pursuant
to <U>Section&nbsp;9.04(b)(iv)</U>. The aggregate amount of the Swingline Commitment as of the Effective Date is $50,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Swingline Exposure</I></B>&rdquo;
means, at any time, the aggregate principal amount of all Swingline Loans in U.S. Dollars outstanding at such time. The Swingline
Exposure of any Lender at any time shall be the sum of (a)&nbsp;its Applicable Percentage of the total Swingline Exposure at such
time, other than with respect to any Swingline Loans made by such Lender in its capacity as a Swingline Lender, and (b)&nbsp;the
aggregate principal amount of all Swingline Loans made by such Lender as a Swingline Lender outstanding at such time (less the
amount of participations funded by the other Lenders in such Swingline Loans).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Swingline Lender</I></B>&rdquo;
means JPMorgan Chase Bank, N.A., in its capacity as a lender of Swingline Loans hereunder, and its successors and assigns in such
capacity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>&ldquo;<B>Swingline Loan</B></I>&rdquo;
means a Loan made pursuant to Section&nbsp;2.05.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>SWM Brazil</I></B>&rdquo; means
Schweitzer-Mauduit do Brasil, S.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-indent: 0.5in">&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo;
has the meaning assigned to such term in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Syndication Agent</I></B>&rdquo;
means any of Barclays Bank PLC, Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, SunTrust Bank, and AgFirst Farm Credit
Bank in their capacity as co-syndication agents hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>&ldquo;<B><I>Target</I></B>&rdquo;
means the Person, </STRIKE></FONT><STRIKE><FONT STYLE="color: green">or business or substantially all of the assets of a Person</FONT><FONT STYLE="color: red">,
</FONT><FONT STYLE="color: green">proposed to be acquired pursuant to a Permitted Acquisition.</FONT></STRIKE></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"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Takeover
Offer</I></B>&rdquo; means an offer (within the meaning of Section&nbsp;974 of the Companies Act 2006) by any Borrower or any Acquisition
Co (if any) in accordance with the City Code to acquire all of the Target Shares not already held by it at the date of such offer
(within the meaning of Section&nbsp;975 of the Companies Act 2006), substantially on the terms and conditions set out in an Offer
Press Announcement (as such offer may be amended in any way which is not prohibited by the terms of the Loan Documents).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Takeover
Offer Document</I></B>&rdquo; means the document issued by or on behalf of any Borrower or any Acquisition Co (if any) and dispatched
to shareholders of the Target in respect of a Takeover Offer containing the terms and conditions of the Takeover Offer and reflecting
the Offer Press Announcement in all material respects, as such document may be amended from time to time to the extent such amendment
is not prohibited by the Loan Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Target</I></B>&rdquo;
means Scapa Group plc, a public limited company incorporated and registered in England and Wales with company number 00826179 and
with its registered office at Manchester Road, Ashton-under-Lyne, Greater Manchester, OL7 0ED.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Target
Acquisition</I></B>&rdquo; means the acquisition by any Borrower or any Acquisition Co (if any) of the Target Shares which are
subject to the Scheme or the Takeover Offer (as the case may be) pursuant to the Offer Documents or the Scheme Documents, as applicable,
which acquisition will be effected pursuant to a Scheme or a Takeover Offer.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>TARGET Day</I></B>&rdquo; means
any day on which the Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET) payment system (or, if such
payment system ceases to be operative, such other payment system (if any) determined by the Administrative Agent to be a suitable
replacement) is open for the settlement of payments in Euro.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Target
Debt</I></B>&rdquo; means the Indebtedness incurred by the Target in connection with (i)&nbsp;that certain Amendment and Restatement
Agreement, dated as of June&nbsp;17, 2020, by and among the Target, the other companies party thereto, Lloyds Bank PLC, as Agent,
and the other financial institutions party thereto as lenders and (ii)&nbsp;that certain Multicurrency Revolving Facility Agreement,
dated as of June&nbsp;17, 2020, by and among the Target, the other companies party thereto, Lloyds Bank PLC, as Agent, and the
other financial institutions party thereto as lenders.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Target
Group</I></B>&rdquo; means the Target and its subsidiaries.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Target
Shares</I></B>&rdquo; means all of the issued and to be issued ordinary share capital of the Target from time to time (including,
without limitation, any ordinary shares in the Target arising on the exercise of any Target Group options, warrants or awards).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Taxes</I></B>&rdquo; means
any and all fees (including, without limitation, license, registration, documentation and recording fees), taxes (including, without
limitation, net income, gross income, gross receipts, sales, use, rental, turnover, transfer, value-added, preference, property
(tangible and intangible), excise and stamp taxes), levies, imposts, duties, charges, assessments or withholdings of any nature
whatsoever imposed by a Governmental Authority, together with any and all penalties, fines additions to tax and interest thereon
or computed by referenced thereto, and &ldquo;Tax&rdquo; means any one of the foregoing.<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>&ldquo;<B><I>Term
Loan</I></B>&rdquo; means a Loan made </STRIKE></FONT><STRIKE><FONT STYLE="color: green">pursuant to </FONT></STRIKE><FONT STYLE="color: green"><U><STRIKE>Section&nbsp;2.01(c)</STRIKE></U><STRIKE>.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Commitment</I></B>&rdquo; means, with respect to each Lender, the commitment of such Lender to make a Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loan hereunder, as such commitment may be reduced or increased from time to time pursuant to (a)&nbsp;<U>Section&nbsp;2.09</U>
and (b)&nbsp;assignments by or to such Lender pursuant to <U>Section&nbsp;9.04.</U> The initial amount of each Lender&rsquo;s Term
<FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Commitment
is set forth on <U>Schedule 2.01</U>, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its
Term Loan Commitment, as applicable. The initial aggregate amount of the Lenders&rsquo; Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Commitments <FONT STYLE="color: red"><STRIKE>is</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>as of
the Effective Date was</U></FONT> $200,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
A Facility</I></B>&rdquo; means the Term A Commitments and the extensions of credit made thereunder.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Lender</I></B>&rdquo; means a Lender with a Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Commitment <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or an outstanding Term A Loan</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&ldquo;<B><I>Term
A Loans</I></B>&rdquo; means the term loans made by the Term A Lenders on the Effective Date</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">pursuant
to Section&nbsp;2.01(c).</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loan Maturity Date</I></B>&rdquo; means the later of (a)&nbsp;September&nbsp;25, 2025 and (b)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>with
respect to the applicable Term A Loans,</U></FONT> if the maturity date is extended pursuant to Section&nbsp;2.21, such extended
maturity date pursuant to such Section.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
B Commitment</I></B>&rdquo; means, with respect to each Lender, the commitment of such Lender to make a Term B Loan hereunder,
as such commitment may be reduced or increased from time to time pursuant to (a)&nbsp;Section&nbsp;2.09 and (b)&nbsp;assignments
by or to such Lender pursuant to Section&nbsp;9.04. The initial amount of each Lender&rsquo;s Term B Commitment is set forth on
Schedule 2.01, or in the Assignment and Assumption pursuant to which such Lender shall have assumed its Term Loan Commitment, as
applicable. The initial aggregate amount of the Lenders&rsquo; Term B Commitments as of the First Amendment Effective Date is $350,000,000.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
B Facility</I></B>&rdquo; means the Term B Commitments and the extensions of credit made thereunder.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
B Lender</I></B>&rdquo; means a Lender with a Term B Commitment or an outstanding Term B Loan.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
B Loans</I></B>&rdquo; means the term loans made by the Term B Lenders on the Closing Date pursuant to Section&nbsp;2.01(d).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
B Loan Maturity Date</I></B>&rdquo; means the earlier of (a)&nbsp;the later of (x)&nbsp;the date that is the seven year anniversary
of the Closing Date and (x)&nbsp;with respect to the applicable Term B Loans, if the maturity date is extended pursuant to Section&nbsp;2.21,
such extended maturity date pursuant to such Section&nbsp;and (b)&nbsp;180 days prior to the maturity date of the Senior Notes
(as such date may be extended or modified, including pursuant to any refinancing thereof).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
Facilities</I></B>&rdquo; means the Term A Facilities and the Term B Facility.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
Loans</I></B>&rdquo; means the Term A Loans and the Term B Loans.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
Loan Commitment</I></B>&rdquo; means the Term A Commitments and the Term B Commitments.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
Loan Lender</I></B>&rdquo; means a Lender with a Term Loan Commitment or outstanding Term Loan.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Term Loan Refinancing</I></B>&rdquo;
means any new term loan borrowed pursuant to <U>Section&nbsp;2.09(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><U>)</U>
the proceeds of which are used to prepay the Term Loans and such prepayment is made on the date such new term loan is incurred
pursuant to the terms hereof.</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"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
SOFR</I></B>&rdquo; means, for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term
rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
SOFR Notice</I></B>&rdquo; means a notification by the Administrative Agent to the Lenders and the Borrowers of the occurrence
of a Term SOFR Transition Event.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Term
SOFR Transition Event</I></B>&rdquo; means the reasonable determination by the Administrative Agent that: (a)&nbsp;Term SOFR has
been recommended for use by the Relevant Governmental Body, (b)&nbsp;the administration of Term SOFR is administratively feasible
for the Administrative Agent and (c)&nbsp;a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously
occurred resulting in a Benchmark Replacement in accordance with Section&nbsp;2.14 that is not Term SOFR.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>TLB
Modification Agreement</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.21(i).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>TLB
Modification Offer</I></B>&rdquo; has the meaning assigned to such term in Section&nbsp;2.21(h).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Total Debt</I></B>&rdquo; means,
at any date, all Indebtedness of Parent and its Restricted Subsidiaries at such date, on a consolidated basis, calculated in accordance
with GAAP, but excluding, to the extent constituting Indebtedness, any Swap Agreements and Swap Agreement Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Total Revolving Credit Exposure</I></B>&rdquo;
means, the sum of the outstanding principal amount of the Dollar Equivalent of all Lenders&rsquo; Revolving Loans, their LC Exposure
and their Swingline Exposure at such time; <U>provided</U>, that clause (a)&nbsp;of the definition of Swingline Exposure shall
only be applicable to the extent Lenders shall have funded their respective participations in the outstanding Swingline Loans.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Transactions</I></B>&rdquo;
means <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;the execution, delivery and performance by
the Loan Parties of the Loan Documents, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT>&nbsp;the borrowing
of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
(iii)&nbsp;the consummation of the Target Acquisition and (iv)&nbsp;the payment of Transaction Costs</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Transaction
Costs</I></B>&rdquo; means all fees, costs and expenses incurred or payable by Parent or any of its Subsidiaries in connection
with the Transactions.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Type</I></B>&rdquo;, when used
in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans comprising such Borrowing,
is determined by reference to the Adjusted LIBO Rate or the Alternate Base Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>UK
Financial Institutions</I></B>&rdquo; 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.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>UK
Resolution Authority</I></B>&rdquo; means the Bank of England or any other public administrative authority having responsibility
for the resolution of any UK Financial Institution.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Unadjusted
Benchmark Replacement</I></B>&rdquo; means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Unconditional
Date</I></B>&rdquo; has the meaning assigned to such term in the definition of &ldquo;Mandatory Cancellation Event&rdquo;.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>United States Dollars</I></B>&rdquo;,
 &ldquo;<B><I>U.S. Dollars</I></B>&rdquo;, &ldquo;<B><I>Dollars</I></B>&rdquo; or &ldquo;<B><I>$</I></B>&rdquo; refers to lawful
money of the United&nbsp;States of America.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Unrestricted Cash</I></B>&rdquo;
means, as of any date of determination, the aggregate amount of cash and cash equivalents (including Permitted Investments) included
in the cash accounts that would be listed on the consolidated balance sheet of Parent and its Restricted Subsidiaries as at such
date, to the extent that such cash and cash equivalents (including Permitted Investments) are not classified as Restricted.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Unrestricted Subsidiary</I></B>&rdquo;
means any Subsidiary of Parent designated by the board of directors (or similar governing body) of Parent as an Unrestricted Subsidiary
pursuant to <U>Section&nbsp;5.14</U> on or subsequent to the Effective Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S. Borrower</I></B>&rdquo;
has the meaning set forth in the Preamble.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S. Loan Party</I></B>&rdquo;
means any Loan Party that is organized under the laws of the United States, any State or commonwealth thereof (not including any
territory or possession thereof) 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-indent: 0.5in">&ldquo;<B><I>U.S.&nbsp;Person</I></B>&rdquo;
means a &ldquo;United&nbsp;States person&rdquo; within the meaning of Section&nbsp;7701(a)(30) of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S. Revolving Commitment</I></B>&rdquo;
means, with respect to each Lender, the commitment, if any, of such Lender to make U.S. Revolving Loans and to acquire participations
in Letters of Credit issued in and Swingline Loans made in U.S. Dollars hereunder, as such commitment may be reduced or increased
from time to time pursuant to (a)&nbsp;<U>Section&nbsp;2.09</U> and (b)&nbsp;assignments by or to such Lender pursuant to <U>Section&nbsp;9.04</U>.
The initial amount of each Lender&rsquo;s U.S. Revolving Commitment is set forth on <U>Schedule 2.01</U>, or in the Assignment
and Assumption pursuant to which such Lender shall have assumed its Revolving Commitment, as applicable. The initial aggregate
amount of the Lenders&rsquo; U.S. Revolving Commitments is $500,000,000.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S. Revolving Credit Exposure</I></B>&rdquo;
means, with respect to any U.S. Revolving Credit Lender at any time, the sum of the outstanding principal amount of such Lender&rsquo;s
U.S. Revolving Loans, its Swingline Exposure and its LC Exposure (with respect to Letters of Credit issued in U.S. Dollars) at
such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S. Revolving Credit Lender</I></B>&rdquo;
means a Lender with a U.S. Revolving Commitment or, if the U.S. Revolving Commitments have terminated or expired, a Lender with
U.S. Revolving Credit Exposure.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S. Revolving Loan</I></B>&rdquo;
means a Loan made pursuant to <U>Section&nbsp;2.01(a)</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>U.S.
Special Resolution Regime</I></B>&rdquo; has the meaning assigned to it in Section&nbsp;9.19.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>U.S.&nbsp;Tax Compliance Certificate</I></B>&rdquo;
has the meaning assigned to such term in Section&nbsp;2.17(f)(ii)(B)(3).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Withdrawal Liability</I></B>&rdquo;
means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms
are defined in Part&nbsp;I of Subtitle E of Title&nbsp;IV of ERISA.</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"></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-indent: 0.5in">&ldquo;<B><I>Write-Down and Conversion Powers</I></B>&rdquo;
means, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;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<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
and (b)&nbsp;with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation
to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under
which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or
any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or
to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to
or ancillary to any of those powers.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.02. </FONT><U>Classification
of Loans and Borrowings</U>. For purposes of this Agreement, Loans may be classified and referred to by Class&nbsp;(e.g., a
 &ldquo;Revolving Loan&rdquo;) or by Type (e.g., a &ldquo;Eurodollar Loan&rdquo;) or by Class&nbsp;and Type (e.g., a
 &ldquo;Eurodollar Revolving Loan&rdquo;). Borrowings also may be classified and referred to by Class&nbsp;(e.g., a
 &ldquo;Revolving Borrowing&rdquo;) or by Type (e.g., a &ldquo;Eurodollar Borrowing&rdquo;) or by Class&nbsp;and Type (e.g., a
 &ldquo;Eurodollar Revolving Borrowing&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.03. </FONT><U>Terms
Generally</U>. The definitions of terms used herein shall apply equally to the singular and plural forms of the terms defined
herein. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms.
The words &ldquo;include&rdquo;, &ldquo;includes&rdquo; and &ldquo;including&rdquo; shall be deemed to be followed by the
phrase &ldquo;without limitation&rdquo;. The word &ldquo;will&rdquo; shall be construed to have the same meaning and effect
as the word &ldquo;shall&rdquo;. Unless the context requires otherwise (a)&nbsp;any definition of or reference to any
agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other
document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments,
supplements or modifications set forth herein), (b)&nbsp;any reference herein to any Person shall be construed to include
such Person&rsquo;s successors and assigns, (c)&nbsp;the words &ldquo;herein&rdquo;, &ldquo;hereof&rdquo; and
 &ldquo;hereunder&rdquo;, and words of similar import, shall be construed to refer to this Agreement in its entirety and not
to any particular provision hereof, (d)&nbsp;all references herein to Articles, Sections, clauses, sub-clauses, Exhibits and
Schedules shall be construed to refer to Articles, Sections, clauses and sub-clauses of, and Exhibits and Schedules to, this
Agreement, (e)&nbsp;any reference to any law, rule&nbsp;or regulation herein shall, unless otherwise specified, refer to such
law, rule&nbsp;or regulation as amended, modified or supplemented from time to time, (f)&nbsp;the words &ldquo;asset&rdquo;
and &ldquo;property&rdquo; shall be construed to have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties, including cash, securities, accounts and contract rights and (g)&nbsp;all references to the
time of day shall be a reference to New York City time (unless otherwise specified herein). <FONT STYLE="color: red"><STRIKE>With
reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other Loan Document,
any reference to &ldquo;Bank of America Merrill Lynch International Limited&rdquo; is a reference to its successor in title
Bank of America Merrill Lynch International Designated Activity Company (including, without limitation, its branches)
pursuant to and with effect from the merger between Bank of America Merrill Lynch International Limited and Bank of America
Merrill Lynch International Designated Activity Company that takes effect in accordance with Chapter II, Title II of
Directive (EU) 2017/1132 (which repeals and codifies the Cross-Border Mergers Directive (2005/56/EC)) as implemented in the
United Kingdom and Ireland. Notwithstanding anything to the contrary in any Loan Document, a transfer of rights and
obligations from Bank of America Merrill Lynch International Limited to Bank of America Merrill Lynch International
Designated Activity Company pursuant to such merger shall be permitted.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.04. </FONT><U>Accounting
Terms; GAAP</U>. (a)&nbsp;Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall
be construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrowers notify the
Administrative Agent that the Borrowers request an amendment to any provision hereof to eliminate the effect of any change
occurring after the date hereof in GAAP or in the application thereof on the operation of such provision (or if the
Administrative Agent notifies the Borrowers that the Required Lenders request an amendment to any provision hereof for such
purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof,
then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall
have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith.
Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be
construed, and all computations of amounts and ratios referred to herein shall be made, without giving effect to (i)&nbsp;any
election under Financial Accounting Standards Board Accounting Standards Codification 825 (or any other Financial Accounting
Standard having a similar result or effect) to value any Indebtedness or other liabilities of any Borrower or any Subsidiary
at &ldquo;fair value&rdquo;, as defined therein and (ii)&nbsp;any treatment of Indebtedness in respect of convertible debt
instruments under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial
Accounting Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as
described therein, and such Indebtedness shall at all times be valued at the full stated principal amount thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
anything to the contrary contained in Section&nbsp;1.04(a)&nbsp;or in the definition of &ldquo;Capital Lease Obligations,&rdquo;
in the event of an accounting change requiring leases to be capitalized, only those leases (assuming for purposes hereof that such
leases were in existence on the date hereof) that would constitute capital leases in conformity with GAAP on the date hereof shall
be considered capital leases, and all calculations and deliverables under this Agreement or any other Loan Document shall be made
or delivered, as applicable, in accordance therewith.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.05. </FONT><U>Interest
Rates</U><FONT STYLE="color: red"><STRIKE>. The</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
LIBOR Notification. The interest rate on a Loan denominated in Dollars or an Offshore Currency may be derived from an
interest rate benchmark that is, or may in the future become, the subject of regulatory reform. Regulators have signaled the
need to use alternative benchmark reference rates for some of these interest rate benchmarks and, as a result, such interest
rate benchmarks may cease to comply with applicable laws and regulations, may be permanently discontinued, and/or the basis
on which they are calculated may change. The London interbank offered rate is intended to represent the rate at which
contributing banks may obtain short-term borrowings from each other in the London interbank market.&nbsp; In July&nbsp;2017,
the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel
contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE
Benchmark Administrator, the &ldquo;<B><I>IBA</I></B>&rdquo;) for purposes of the IBA setting the London interbank offered
rate.&nbsp; As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available
or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans.&nbsp;
In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or
alternative reference rates to be used in place of the London interbank offered rate.&nbsp; Upon the occurrence of a
Benchmark Transition Event, a Term SOFR Transition Event or an Early Opt-In Election, Section&nbsp;2.14(b)&nbsp;and
(c)&nbsp;provide a mechanism for determining an alternative rate of interest.&nbsp; The Administrative Agent will promptly
notify the Borrower, pursuant to Section&nbsp;2.14(e), of any change to the reference rate upon which the interest rate on
Eurodollar Loans is based.&nbsp; However, the</U></FONT> Administrative Agent does not warrant or accept <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>any</U></FONT>
responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter
related to the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>London
interbank offered rate or other</U></FONT> rates in the definition of &ldquo;LIBO Rate&rdquo; or with respect to any <FONT STYLE="color: red"><STRIKE>comparable</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>alternative</U></FONT>
or successor rate thereto, or replacement rate there<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>o</U></FONT>f<FONT STYLE="color: red"><STRIKE>or
..</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(including,
without limitation, (i)&nbsp;any such alternative, successor or replacement rate implemented pursuant to
Section&nbsp;2.14(b)&nbsp;or (c), whether upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event
or an Early Opt-in Election, and (ii)&nbsp;the implementation of any Benchmark Replacement Conforming Changes pursuant to
Section&nbsp;2.14(d)), including without limitation, whether the composition or characteristics of any such alternative,
successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the LIBO
Rate or have the same volume or liquidity as did the London interbank offered rate (or the euro interbank offered rate, as
applicable) prior to its discontinuance or unavailability</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.06. </FONT><U>Currency
Equivalents</U>. For purposes of determining in any currency any amount outstanding in another currency, the Equivalent
Amount of such currency on the date of any such determination shall be used. The Administrative Agent or Parent, as
applicable, shall determine the Spot Rates as of each Computation Date to be used for calculating the Equivalent Amounts in
U.S. Dollars or Offshore Currencies, as applicable. Such Spot Rates shall become effective as of such Computation Date and
shall be the Spot Rates employed in converting any amounts between the applicable currencies until the next Computation Date
to occur.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.07. </FONT><U>Limited
Condition Acquisitions</U>. (a)&nbsp;In the case of (i)&nbsp;the incurrence of any Indebtedness or Liens, the making of any
Investments, Restricted Payments or Asset Dispositions, or the prepayment of Indebtedness, (ii)&nbsp;determining compliance
with representations and warranties or the occurrence of any Default or Event of Default (other than a Default or Event of
Default under Section&nbsp;7.01(a), Section&nbsp;7.01(h)&nbsp;or Section&nbsp;7.01(i)), or (iii)&nbsp;the designation of a
Restricted Subsidiary or Unrestricted Subsidiary, in each case, in connection with a Limited Condition Acquisition, at the
Borrowers&rsquo; option, the relevant ratios and baskets and whether any such action is permitted hereunder shall be
determined as of the date the Limited Condition Acquisition Agreement is entered into, and calculated, on a pro forma basis,
as if such Limited Condition Acquisition (and any other pending Limited Condition Acquisition) and other pro forma events in
connection therewith (and in connection with any other pending Limited Condition Acquisition), including the incurrence of
Indebtedness, were consummated on such date; <U>provided</U> that if a Borrower has made an LCA Election, then in connection
with the calculation of any ratio or basket with respect to the incurrence of any other Indebtedness or Liens, or the making
of any other Investments, Restricted Payments, or Asset Dispositions, or the prepayment of any other Indebtedness, on or
following such date and prior to the earlier of the date on which such Limited Condition Acquisition is consummated or the
Limited Condition Acquisition Agreement for such Limited Condition Acquisition is terminated, any such ratio or basket shall
be calculated (and tested) on a pro forma basis assuming such Limited Condition Acquisition (and any other pending Limited
Condition Acquisition) and other pro forma events in connection therewith (and in connection with any other pending Limited
Condition Acquisition), including any incurrence of Indebtedness, have been consummated. The consummation of a Limited
Condition Acquisition shall be subject to the absence of a Default or Event of Default under Section&nbsp;7.01(a),
Section&nbsp;7.01(h)&nbsp;or Section&nbsp;7.01(i). <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
anything set forth herein to the contrary, an LCA Election shall not apply to the conditions for any Credit Event under the
Revolving Credit Facility or Borrowing of any Certain Funds Revolving Loans, Term A Loans or Term B Loans on any Certain
Funds Borrowing Date, which must be satisfied as of the date of such Credit Event.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b)&nbsp; Notwithstanding anything set forth
herein to the contrary, any determination in connection with a Limited Condition Acquisition of compliance with representations
and warranties or as to the occurrence or absence of any Default or Event of Default hereunder as of the date the applicable Limited
Condition Acquisition Agreement (rather than the date of consummation of the applicable Limited Condition Acquisition), shall not
be deemed to constitute a waiver of or consent to any breach of representations and warranties hereunder or any Default or Event
of Default hereunder that may exist at the time of consummation of such Limited Condition Acquisition.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;1.08. </FONT><U>Luxembourg
Terms</U>. Where it relates to a company incorporated under the laws of Luxembourg or a security governed by Luxembourg law,
a reference herein to: a winding-up, administration, liquidation, insolvency or dissolution includes, without limitation,
bankruptcy (<I>faillite</I>), insolvency, voluntary or judicial liquidation (<I>liquidation volontaire ou judiciaire</I>),
composition with creditors (<I>concordat pr&eacute;ventif de la faillite</I>), reprieve from payment (<I>sursis de
paiement</I>), controlled management (<I>gestion contr&ocirc;l&eacute;e</I>), general settlement with creditors,
reorganisation or similar laws affecting the rights of creditors generally; a receiver, administrative receiver,
administrator, liquidator, compulsory manager or the like includes, without limitation, a <I>juge
d&eacute;l&eacute;gu&eacute;</I>, <I>commissaire</I>, <I>juge-commissaire</I>, <I>liquidateur</I> or <I>curateur</I>; a
security interest includes any <I>hypoth&egrave;que</I>, <I>nantissement</I>, <I>gage</I>, <I>privil&egrave;ge</I>, <I>s&ucirc;ret&eacute;
r&eacute;elle</I>, <I>droit de r&eacute;tention</I> and any type of real security or agreement or arrangement having a
similar effect including any transfer of title by way of security; a person being unable or admitting inability to pay its
debts includes that person being in a state of cessation of payments (<I>cessation de paiements</I>) or having lost or
meeting the criteria to lose its commercial creditworthiness (<I>&eacute;branlement de cr&eacute;dit</I>); attachments or
similar creditors process means an executory attachment (<I>saisie ex&eacute;cutoire</I>) or conservatory attachment
(<I>saisie arr&ecirc;t</I>); <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&quot;constitutional
documents&quot; includes the up to date articles of association (statuts coordonn&eacute;s) or the articles of incorporation
of that person, as appropriate; a &quot;matured obligation&quot; includes, without limitation, any obligation exigible,
certaine et liquide; a director, officer or manager includes a g&eacute;rant or an administrateur and a board of directors or
board of managers includes a conseil d'administration or a coll&egrave;ge de g&eacute;rance; a &quot;guarantee&quot; includes
(i)&nbsp;any garantie which is independent from the debt to which it relates and any suretyship (cautionnement) within the
meaning of Articles 2011 et seq. of the Luxembourg Civil Code or (ii)&nbsp;a garantie professionelle de paiement within the
meaning of the Luxembourg law of 10 July&nbsp;2020;</U></FONT> and a &ldquo;set-off&rdquo; includes, for purposes of
Luxembourg law, legal set-off.</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; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;II</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>The
Credits</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.01. </FONT><U>Commitments</U>.
Subject to the terms and conditions set forth herein, each Lender agrees, severally and not jointly, as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>each
U.S. Revolving Credit Lender agrees, severally and not jointly, to make U.S. Revolving Loans to each Borrower, at any time and
from time to time during the Availability Period, in an aggregate principal amount at any such time outstanding that will not result
in (i)&nbsp;such Lender&rsquo;s U.S. Revolving Credit Exposure (plus the aggregate amount of such Lender&rsquo;s EUR Revolving
Credit Exposure) exceeding such Lender&rsquo;s U.S. Revolving Commitment, or (ii)&nbsp;the sum of the total Revolving Credit Exposures
exceeding the total Revolving Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein,
the Borrowers may borrow, prepay and reborrow U.S. Revolving Loans;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>each
EUR Revolving Credit Lender agrees, severally and not jointly, to make EUR Revolving Loans to each Borrower at any time and from
time to time during the Availability Period, in an aggregate principal amount at any such time outstanding that will not result
in (i)&nbsp;such Lender&rsquo;s EUR Revolving Credit Exposure exceeding such Lender&rsquo;s EUR Revolving Commitment, (ii)&nbsp;such
Lender&rsquo;s U.S. Revolving Credit Exposure (plus the aggregate amount of such Lender&rsquo;s EUR Revolving Credit Exposure)
exceeding such Lender&rsquo;s U.S. Revolving Commitment or (iii)&nbsp;the sum of the total Revolving Credit Exposures exceeding
the total Revolving Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers
may borrow, prepay and reborrow EUR Revolving Loans; <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>each
Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Lender agrees, severally and not jointly, to make a Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loan to the U.S. Borrower on the Effective Date, in an amount equal to such Lender&rsquo;s Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Commitment<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>; provided
that</U></FONT> <FONT STYLE="color: red"><STRIKE>A</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a</U></FONT>mounts
repaid or prepaid in respect of the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loan<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT>
may not be reborrowed<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>each
Term B Lender agrees, severally and not jointly, to make Term B Loans to the U.S. Borrower in a single draw on the Closing Date,
in an aggregate principal amount not to exceed such Term B Lender&rsquo;s outstanding Term B Commitment immediately prior to the
making of such Term B Loans; provided that amounts repaid or prepaid in respect of the Term B Loans may not be reborrowed.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.02. </FONT><U>Loans
and Borrowings</U>. (a)&nbsp;Each Loan (other than a Swingline Loan) shall be made as part of a Borrowing consisting of Loans
of the same Class&nbsp;and Type made by the Lenders ratably in accordance with their respective Commitments of the applicable
Class; provided that, the Administrative Agent may allocate (or re-allocate) any U.S. Revolving Loans and/or EUR Revolving
Loans on a non-pro rata basis on any Computation Date to the extent the failure to so allocate (or re-allocate) on a non-pro
rata basis would cause the Revolving Credit Exposure of any Lender to exceed its Revolving Commitment. Any Swingline Loan
shall be made in accordance with the procedures set forth in Section&nbsp;2.05. The failure of any Lender to make any Loan
required to be made by it shall not relieve any other Lender of its obligations hereunder; <U>provided</U> that the
Commitments of the Lenders are several and no Lender shall be responsible for any other Lender&rsquo;s failure to make Loans
as required.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Subject
to <U>Section&nbsp;2.14</U>, each Revolving Borrowing<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, Term A Loan Borrowing</U></FONT>
and Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT> Loan Borrowing shall be comprised entirely of
ABR&nbsp;Loans or Eurodollar Loans as the Borrowers may request in accordance herewith; <U>provided</U> that (i)&nbsp;all Loans
(other than Swingline Loans) in an Offshore Currency shall be a Eurodollar Loan and (ii)&nbsp;all U.S. Revolving Loans made to
a Foreign Borrower shall be a Eurodollar Loan. Each Swingline Loan shall be an ABR Loan. Each Lender at its option may make any
Eurodollar Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; <U>provided</U> that any
exercise of such option shall not affect the obligation of the applicable Borrower to repay such Loan in accordance with the terms
of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>At
the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in U.S. Dollars or in an Offshore
Currency, in an aggregate amount of (i)&nbsp;in connection with a U.S. Revolving Loan, not less than $5,000,000 and an integral
multiple of $1,000,000 thereof, and (ii)&nbsp;in connection with a EUR Revolving Loan, not less than &euro;5,000,000 and an integral
multiple of &euro;1,000,000 thereof. At the time that each ABR Borrowing is made, such Borrowing shall be in U.S. Dollars in an
aggregate amount that is not less than $5,000,000; <U>provided</U> that an ABR&nbsp;Revolving Borrowing may be in an aggregate
amount that is equal to the entire unused balance of the total Revolving Commitments or that is required to finance the reimbursement
of an LC Disbursement as contemplated by <U>Section&nbsp;2.06(e)</U>. Each Swingline Loan shall be in an amount that is an integral
multiple of $100,000 and not less than $100,000. Borrowings of more than one Type and Class&nbsp;may be outstanding at the same
time; provided that there shall not at any time be more than a total of ten (10)&nbsp;Eurodollar Borrowings outstanding with respect
to the EUR Revolving Loans, U.S. Revolving Loans and Term Loans. The Equivalent Amount in Euros of each EUR Revolving Loan shall
be recalculated hereunder on each date on which it shall be necessary to determine the amount of any Loan or Loans outstanding
hereunder on such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
any other provision of this Agreement, the Borrowers shall not be entitled to request, or to elect to convert or continue, any
Interest Period with respect to (i)&nbsp;a Revolving Borrowing if such Interest Period would end after the Revolving Maturity Date,
<FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(ii)&nbsp;a Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loan Borrowing if such Interest Period would end after the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A Loan
Maturity Date or (iii)&nbsp;a Term B Loan Borrowing if such Interest Period would end after the Term B</U></FONT> Loan Maturity
Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
U.S. Revolving Loans <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
Swingline <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Loans and Term</U></FONT> Loans made to the Borrowers shall
be made in U.S. Dollars. All EUR Revolving Loans made to the Borrowers shall be made in Euros.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.03. </FONT><U>Requests
for Borrowings</U>. To request a Borrowing, the applicable Borrower shall notify the Administrative Agent of such request by
telephone (a)&nbsp;in the case of a Eurodollar Borrowing in U.S. Dollars, not later than 11:00 a.m., New&nbsp;York City time,
three (3)&nbsp;Business Days before the date of the proposed Borrowing, (b)&nbsp;in the case of a Eurodollar Borrowing in
Euros, not later than 11:00 a.m., London time, three (3)&nbsp;Business Days before the date of the proposed Borrowing, or
(c)&nbsp;in the case of an ABR&nbsp;Borrowing, not later than 11:00 a.m., New&nbsp;York City time, on the date of the
proposed Borrowing; <U>provided</U> that any such notice of an ABR&nbsp;Revolving Borrowing to finance the reimbursement of
an LC Disbursement as contemplated by <U>Section&nbsp;2.06(e)</U>&nbsp;may be given not later than 10:00 a.m., New&nbsp;York
City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be
confirmed promptly by hand delivery, telecopy or electronic mail to the Administrative Agent of a written Borrowing Request
in a form approved by the Administrative Agent and signed by the applicable Borrower. Each such telephonic and written
Borrowing Request shall specify the following information in compliance with <U>Section&nbsp;2.02</U>:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>whether
the Loans comprising such Borrowing are U.S. Revolving Loans, EUR Revolving Loans, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Term
A Loans</U></FONT> or Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT> Loans;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
aggregate amount of the requested Borrowing and the currency of the requested Borrowing (which in each case shall be in accordance
with Section&nbsp;2.02);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
date of the requested Borrowing, which shall be a Business Day;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;</FONT>whether
such Borrowing is to be an ABR&nbsp;Borrowing or a Eurodollar Borrowing;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the case of a Eurodollar Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated
by the definition of the term &ldquo;Interest Period&rdquo;; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
location and number of such Borrower&rsquo;s account to which funds are to be disbursed, which shall comply with the requirements
of Section&nbsp;2.07.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If no election as to the Type of Borrowing is specified, then
the requested Borrowing shall be an ABR&nbsp;Borrowing; <U>provided</U>, that if such Borrowing is denominated in Euros it shall
be a Eurodollar Borrowing with an Interest Period of one (1)&nbsp;month&rsquo;s duration. If no Interest Period is specified with
respect to any requested Eurodollar Revolving Borrowing, then the Borrowers shall be deemed to have selected an Interest Period
of one (1)&nbsp;month&rsquo;s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the
Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender&rsquo;s Loan to be made as
part of the requested Borrowing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.04. </FONT><U>Reserved</U>.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.05.&nbsp;</FONT><U>Swingline
Loans</U>. (a)&nbsp;Subject to the terms and conditions set forth herein, from time to time during the Availability Period, the
Swingline Lender may, in its sole and absolute discretion, make Swingline Loans in U.S. Dollars to the U.S. Borrower in an aggregate
principal amount in U.S. Dollars at any time outstanding that will not result in (i)&nbsp;the aggregate principal amount of outstanding
Swingline Loans made by the Swingline Lender exceeding the Swingline Lender&rsquo;s Swingline Commitment and (ii)&nbsp;the Swingline
Lender&rsquo;s Revolving Credit Exposure exceeding its Revolving Commitment. Within the foregoing limits and subject to the terms
and conditions set forth herein, the U.S. Borrower may borrow, prepay and reborrow Swingline Loans.</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-top: 0; margin-bottom: 0; margin-left: 0.5in; text-indent: 0.5in; text-align: left"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>To
request a Swingline Loan, the U.S. Borrower shall notify the Administrative Agent of such request by telephone (confirmed by telecopy
or electronic mail), not later than 1:00 p.m., New&nbsp;York City time, on the day of a proposed Swingline Loan. Each such notice
shall be irrevocable and shall specify the requested date (which shall be a Business Day) and amount of the requested Swingline
Loan. The Administrative Agent will promptly advise the Swingline Lender of any such notice received from the U.S. Borrower. The
Swingline Lender will promptly notify the U.S. Borrower of its consent or refusal to make such Swingline Loan. To the extent the
Swingline Lender agrees to make such Swingline Loan, it shall make the requested Swingline Loan available to the U.S. Borrower
to the location and number of the U.S. Borrower&rsquo;s account to which funds are to be disbursed as the U.S. Borrower shall
designate in its request (or, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement as provided
in <U>Section&nbsp;2.06(e)</U>, by remittance to the Issuing Bank) by 3:00 p.m., New&nbsp;York City time, on the requested date
of such Swingline Loan.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Swingline Lender may, by written notice given to the Administrative Agent, require the Revolving Lenders to acquire participations
in all or a portion of its Swingline Loans outstanding. Such notice shall specify the aggregate amount of Swingline Loans in which
the Revolving Lenders will participate. Promptly upon receipt of such notice, the Administrative Agent will give notice thereof
to each Revolving Lender, specifying in such notice such Revolving Lender&rsquo;s Applicable Percentage of such Swingline Loans.
Each Revolving Lender hereby absolutely and unconditionally agrees, promptly upon receipt of such notice from the Administrative
Agent (and in any event, if such notice is received by 12:00 noon, New York City time, on a Business Day no later than 5:00 p.m.&nbsp;New
York City time on such Business Day and if received after 12:00 noon, New York City time, on a Business Day shall mean no later
than 10:00 a.m.&nbsp;New York City time on the immediately succeeding Business Day), to pay to the Administrative Agent, for the
account of the Swingline Lender, such Revolving Lender&rsquo;s Applicable Percentage of such Swingline Loans. Each Revolving Lender
acknowledges and agrees that its obligation to acquire participations in Swingline Loans pursuant to this paragraph&nbsp;is absolute
and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default
or Event of Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset,
abatement, withholding or reduction whatsoever. Each Revolving Lender shall comply with its obligation under this paragraph&nbsp;by
wire transfer of immediately available funds, in the same manner as provided in <U>Section&nbsp;2.07</U> with respect to Loans
made by such Revolving Lender (and <U>Section&nbsp;2.07</U> shall apply, <I>mutatis mutandis</I>, to the payment obligations of
the Revolving Lenders incurred pursuant to this <U>Section&nbsp;2.05</U>), and the Administrative Agent shall promptly pay to such
Swingline Lender the amounts so received by it from the Revolving Lenders. The Administrative Agent shall notify the U.S. Borrower
of any participations in any Swingline Loan acquired pursuant to this paragraph, and thereafter payments in respect of such Swingline
Loan shall be made to the Administrative Agent and not to the Swingline Lender. Any amounts received by the Swingline Lender from
the U.S. Borrower (or other party on behalf of the U.S. Borrower) in respect of a Swingline Loan after receipt by the Swingline
Lender of the proceeds of a sale of participations therein shall be promptly remitted to the Administrative Agent; any such amounts
received by the Administrative Agent shall be promptly remitted by the Administrative Agent to the Revolving Lenders that shall
have made their payments pursuant to this paragraph&nbsp;and to the Swingline Lender, as their interests may appear; <U>provided</U>
that any such payment so remitted shall be repaid to the Swingline Lender or to the Administrative Agent, as applicable, if and
to the extent such payment is required to be refunded to the U.S. Borrower for any reason. The purchase of participations in a
Swingline Loan pursuant to this paragraph&nbsp;shall not relieve the U.S. Borrower of any default in the payment thereof.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.06.&nbsp;</FONT><U>Letters
of Credit</U>. (a)&nbsp;General. Subject to the terms and conditions set forth herein, any Borrower may request the issuance of
Letters of Credit in U.S. Dollars or any Offshore Currency, for the account of such Borrower (or for the joint account of U.S.
Borrower, SWM Luxembourg<FONT STYLE="color: red"><STRIKE>,</STRIKE></FONT> and/or a Restricted Subsidiary designated by either
such Borrower), in a form reasonably acceptable to the Administrative Agent and the Issuing Bank, at any time and from time to
time during the Availability Period. In the event of any inconsistency between the terms and conditions of this Agreement and the
terms and conditions of any form of letter of credit application or other agreement submitted by any Borrower to, or entered into
by any Borrower with, the Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.
Letters of Credit issued, amended, renewed or extended hereunder at the request of the applicable Borrower shall be issued in U.S.
Dollars or any Offshore Currency, as requested by such Borrower, and shall constitute utilization of the U.S. Revolving Commitments
and/or EUR Revolving Commitments, as applicable. Notwithstanding anything herein to the contrary, the Issuing Bank shall have no
obligation hereunder to issue, and shall not issue, any Letter of Credit the proceeds of which would be made available to any Person
(i)&nbsp;to fund any activity or business of or with any Sanctioned Person, or in any country or territory that, at the time of
such funding, is the subject of any Sanctions, (ii)&nbsp;in any manner that would result in a violation of any Sanctions by any
party to this Agreement or (iii)&nbsp;in any manner that would result in a violation of one or more policies of such Issuing Bank
applicable to letters of credit generally.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notice
of Issuance, Amendment, Renewal, Extension; Certain Conditions</U>. To request the issuance of a Letter of Credit (or the amendment,
renewal or extension of an outstanding Letter of Credit), the Borrower requesting such Letter of Credit (or amendment, renewal
or extension of an outstanding Letter of Credit) (the &ldquo;<B><I>LC Borrower</I></B>&rdquo;) shall hand deliver or telecopy (or
transmit by electronic communication, if arrangements for doing so have been approved by the Issuing Bank) to the Issuing Bank
and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment, renewal or extension, but in
any event no less than three (3)&nbsp;Business Days prior to the proposed date of issuance, amendment, renewal or extension) a
notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and
specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such Letter
of Credit is to expire (which shall comply with paragraph&nbsp;(c)&nbsp;of this Section), the amount of such Letter of Credit and
whether such amount will be in U.S. Dollars or Euros, the name and address of the beneficiary thereof and such other information
as shall be necessary to prepare, amend, renew or extend such Letter of Credit. In addition, as a condition to any such Letter
of Credit issuance, the LC Borrower shall have entered into a continuing agreement (or other letter of credit agreement) for the
issuance of letters of credit and/or shall submit a letter of credit application, in each case, as required by the Issuing Bank
and using such bank&rsquo;s standard form (each, a &ldquo;<B><I>Letter of Credit Agreement</I></B>&rdquo;). A Letter of Credit
shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit
the Borrowers shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension
(i)&nbsp;the total U.S. Revolving Credit Exposure shall not exceed total U.S. Revolving Commitments, (ii)&nbsp;the U.S. Revolving
Credit Exposure of any Lender (plus such Lender&rsquo;s EUR Revolving Credit Exposure) shall not exceed such Lender&rsquo;s U.S.
Revolving Commitment, (iii)&nbsp;the total EUR Revolving Credit Exposure shall not exceed total EUR Revolving Commitments, (iv)&nbsp;the
EUR Revolving Credit Exposure of any Lender shall not exceed such Lender&rsquo;s EUR Revolving Commitment, (v)&nbsp;the total LC
Exposure shall not exceed the lesser of the Letter of Credit Commitment or $20,000,000, (vi)&nbsp;the sum of the total Revolving
Credit Exposures shall not exceed the total Revolving Commitments, (vii)&nbsp;the Revolving Credit Exposure of any Lender shall
not exceed such Lender&rsquo;s Revolving Commitment and (viii)&nbsp;the LC Exposure of any Issuing Bank shall not exceed such Issuing
Bank&rsquo;s Letter of Credit Commitment. The Borrowers may, at any time and from time to time, reduce the Letter of Credit Commitment
of any Issuing Bank with the consent of such Issuing Bank; <U>provided</U> that the Borrowers shall not reduce the Letter of Credit
Commitment of any Issuing Bank if, after giving effect of such reduction, the conditions set forth in clauses (i)&nbsp;through
(vi)&nbsp;above shall not be satisfied.</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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Expiration
Date</U>. Each Letter of Credit shall expire (or be subject to non-renewal by notice from the Issuing Bank to the beneficiary thereof)
at or prior to the close of business on the earlier of (i)&nbsp;the date one (1)&nbsp;year after the date of the issuance of such
Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and (ii)&nbsp;the
date that is five (5)&nbsp;Business Days prior to the Revolving Maturity Date.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Participations</U>.
By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further
action on the part of the Issuing Bank or the Revolving Lenders, the Issuing Bank hereby grants to each Revolving Lender, and each
Revolving Lender hereby acquires from the Issuing Bank, a participation in such Letter of Credit equal to such Revolving Lender&rsquo;s
Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit (i)&nbsp;on the Closing Date with
respect to all Existing Letters of Credit and (ii)&nbsp;on the date of issuance with respect to all other Letters of Credit. In
consideration and in furtherance of the foregoing, each Revolving Lender hereby absolutely and unconditionally agrees to pay to
the Administrative Agent, for the account of the Issuing Bank, such Revolving Lender&rsquo;s Applicable Percentage of each LC Disbursement
made by the Issuing Bank and not reimbursed by the LC Borrower on the date due as provided in paragraph&nbsp;(e)&nbsp;of this Section,
or of any reimbursement payment required to be refunded to the LC Borrower for any reason. Each Revolving Lender acknowledges and
agrees that its obligation to acquire participations pursuant to this paragraph&nbsp;in respect of Letters of Credit is absolute
and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any
Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such
payment shall be made without any offset, abatement, withholding or reduction whatsoever.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Reimbursement</U>.
If the Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, the LC Borrower shall reimburse such LC Disbursement
by paying to the Administrative Agent an amount equal to such LC Disbursement in U.S. Dollars or Euros, as applicable, based on
the currency of such LC Disbursement, not later than 12:00 noon, New&nbsp;York City time (or London time in the case of a LC Disbursement
in Euros), on the date that such LC Disbursement is made, if the LC Borrower shall have received notice of such LC Disbursement
prior to 10:00 a.m., New&nbsp;York City time (or London time in the case of a LC Disbursement in Euros), on such date, or, if such
notice has not been received by the LC Borrower prior to such time on such date, then not later than 12:00 noon, New&nbsp;York
City time (or London time in the case of a LC Disbursement in Euros), on&nbsp;the Business Day immediately following the day that
the LC Borrower receives such notice, if such notice is not received prior to such time on the day of receipt; <U>provided</U>
that the LC Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with <U>Section&nbsp;2.03</U>
or <U>Section&nbsp;2.05</U> that such payment be financed with an ABR&nbsp;Revolving Borrowing or a Swingline Loan (or if such
LC Disbursement was made in an Offshore Currency, as a Eurodollar Loan with an Interest Period of one month) in an equivalent amount
and, to the extent so financed, the LC Borrower&rsquo;s obligation to make such payment shall be discharged and replaced by the
resulting ABR Revolving Borrowing, Swingline Loan or Eurodollar Loan, as applicable. If the LC Borrower fails to make such payment
when due, the Administrative Agent shall notify each Revolving Lender of the applicable LC Disbursement, the payment then due from
the LC Borrower in respect thereof and such Revolving Lender&rsquo;s Applicable Percentage thereof. Promptly following receipt
of such notice, each Revolving Lender shall pay to the Administrative Agent its Applicable Percentage of the payment then due from
the LC Borrower, in the same manner as provided in <U>Section&nbsp;2.07</U> with respect to Revolving Loans made by such Revolving
Lender (and <U>Section&nbsp;2.07</U> shall apply, <I>mutatis mutandis</I>, to the payment obligations of the Lenders incurred pursuant
to this <U>Section&nbsp;2.06(e)</U>), and the Administrative Agent shall promptly pay to the Issuing Bank the amounts so received
by it from the Revolving Lenders. Promptly following receipt by the Administrative Agent of any payment from the LC Borrower pursuant
to this paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent that Revolving
Lenders have made payments pursuant to this paragraph&nbsp;to reimburse the Issuing Bank, then to such Revolving Lenders and the
Issuing Bank as their interests may appear. Any payment made by a Revolving Lender pursuant to this paragraph&nbsp;to reimburse
the Issuing Bank for any LC Disbursement (other than the funding of ABR&nbsp;Revolving Loans, Eurodollar Loans or a Swingline Loan
as contemplated above) shall not constitute a Loan and shall not relieve the LC Borrower of its obligation to reimburse such LC
Disbursement.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Obligations
Absolute</U>. The Borrowers&rsquo; obligation to reimburse LC Disbursements as provided in paragraph&nbsp;(e)&nbsp;of this Section&nbsp;shall
be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under
any and all circumstances whatsoever and irrespective of (i)&nbsp;any lack of validity or enforceability of any Letter of Credit,
any Letter of Credit Agreement or this Agreement, or any term or provision therein or herein, (ii)&nbsp;any draft or other document
presented under a Letter of Credit proving to be forged, fraudulent or invalid in any respect or any statement therein being untrue
or inaccurate in any respect, (iii)&nbsp;payment by the Issuing Bank under a Letter of Credit against presentation of a draft or
other document that does not comply with the terms of such Letter of Credit, or (iv)&nbsp;any other event or circumstance whatsoever,
whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a legal or equitable
discharge of, or provide a right of setoff against, the LC Borrower&rsquo;s obligations hereunder. Neither the Administrative Agent,
the Lenders nor the Issuing Bank, nor any of their Related Parties, shall have any liability or responsibility by reason of or
in connection with the issuance or transfer of any Letter of Credit or any payment or failure to make any payment thereunder (irrespective
of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in transmission
or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document required
to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising from causes beyond the
control of the Issuing Bank; <U>provided</U> that the foregoing shall not be construed to excuse the Issuing Bank from liability
to the LC Borrower to the extent of any direct damages (as opposed to special, indirect, consequential or punitive damages, claims
in respect of which are hereby waived by the LC Borrower to the extent permitted by applicable law) suffered by the LC Borrower
that are caused by the Issuing Bank&rsquo;s failure to exercise care when determining whether drafts and other documents presented
under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence
or willful misconduct on the part of the Issuing Bank (as finally determined by a court of competent jurisdiction), the Issuing
Bank shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and without limiting the
generality thereof, the parties hereto agree that, with respect to documents presented which appear on their face to be in substantial
compliance with the terms of a Letter of Credit, the Issuing Bank may, in its sole discretion, either accept and make payment upon
such documents without responsibility for further investigation, regardless of any notice or information to the contrary, or refuse
to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of
Credit.</P>

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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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Disbursement
Procedures</U>. The Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a
demand for payment under a Letter of Credit. The Issuing Bank shall promptly notify the Administrative Agent and the LC Borrower
by telephone (confirmed by telecopy or electronic mail) of such demand for payment and whether the Issuing Bank has made or will
make an LC Disbursement thereunder; <U>provided</U> that any failure to give or delay in giving such notice shall not relieve the
LC Borrower of its obligation to reimburse the Issuing Bank and the Revolving Lenders with respect to any such LC Disbursement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interim
Interest</U>. If the Issuing Bank shall make any LC Disbursement, then, unless the LC Borrower shall reimburse such LC Disbursement
in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including
the date such LC Disbursement is made to, but excluding the date that the LC Borrower reimburses such LC Disbursement at the rate
<I>per annum</I> then applicable to ABR&nbsp;Revolving Loans; <U>provided</U>, that if the LC Borrower fails to reimburse such
LC Disbursement when due pursuant to paragraph&nbsp;(e)&nbsp;of this Section, then (x)&nbsp;<U>Section&nbsp;2.13(d)</U>&nbsp;shall
apply and (y)&nbsp;if any LC Disbursement in an Offshore Currency for which the applicable Revolving Lenders have purchased and
funded participation interests as provided in <U>Section&nbsp;2.06(d)</U>&nbsp;above remains outstanding for more than a period
of two (2)&nbsp;weeks after the date upon which the funding of such participations was required as set forth above, such LC Disbursement
shall automatically accrue interest as a Eurodollar Loan with an Interest Period of one (1)&nbsp;month immediately upon the two
(2)&nbsp;week anniversary of the required participation funding date. Interest accrued pursuant to this paragraph&nbsp;shall be
for the account of the Issuing Bank, except that interest accrued on and after the date of payment by any Revolving Lender pursuant
to paragraph&nbsp;(e)&nbsp;of this Section&nbsp;to reimburse the Issuing Bank shall be for the account of such Lender to the extent
of such payment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Replacement
of an Issuing Bank</U>. Any Issuing Bank may be replaced at any time by written agreement among the Borrowers, the Administrative
Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Revolving Lenders of
any such replacement of any Issuing Bank. At the time any such replacement shall become effective, the LC Borrower shall pay all
unpaid fees accrued for the account of the replaced Issuing Bank pursuant to <U>Section&nbsp;2.12(b)</U>. From and after the effective
date of any such replacement, (i)&nbsp;the successor Issuing Bank shall have all the rights and obligations of the replaced Issuing
Bank under this Agreement with respect to Letters of Credit to be issued thereafter and (ii)&nbsp;references herein to the term
 &ldquo;Issuing Bank&rdquo; shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and
all previous Issuing Banks, as the context shall require. After the replacement of an Issuing Bank hereunder, the replaced Issuing
Bank shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Bank under this Agreement
with respect to Letters of Credit issued by it prior to such replacement, but shall not be required to issue additional Letters
of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Subject
to the appointment and acceptance of a successor Issuing Bank, any Issuing Bank may resign as an Issuing Bank at any time upon
thirty days&rsquo; prior written notice to the Administrative Agent, the Borrowers and the Lenders, in which case, such Issuing
Bank shall be replaced in accordance with <U>Section&nbsp;2.06(i)</U>&nbsp;above.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Cash
Collateralization</U>. If any Event of Default shall occur and be continuing, on the Business Day that the LC Borrower receives
notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Revolving Loans has been accelerated,
Lenders with LC Exposure representing at least a majority of the total LC Exposure) demanding the deposit of cash collateral pursuant
to this paragraph, the Borrowers shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent
and for the benefit of the Revolving Lenders (the &ldquo;<B><I>LC Collateral Account</I></B>&rdquo;) an amount in cash in the applicable
currency equal to 103% of the LC Exposure as of such date plus any accrued and unpaid interest thereon; <U>provided</U> that the
obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and
payable, without demand or other notice of any kind, upon the occurrence of any Event of Default with respect to any Borrower described
in clause (h)&nbsp;or (i)&nbsp;of Article&nbsp;VII. Such deposit shall be held by the Administrative Agent as collateral for the
payment and performance of the obligations of the Borrowers under this Agreement. The Administrative Agent shall have exclusive
dominion and control, including the exclusive right of withdrawal, over such account and the Borrowers hereby grant to the Administrative
Agent a security interest in the LC Collateral Account. Other than any interest earned on the investment of such deposits, which
investments shall be made at the option and sole discretion of the Administrative Agent and at the Borrowers&rsquo; risk and expense,
such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys
in such account shall be applied by the Administrative Agent to reimburse the Issuing Bank for LC Disbursements for which it has
not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the
Borrowers for the LC Exposure at such time or, if the maturity of the Revolving Loans has been accelerated (but subject to the
consent of Lenders with LC Exposure representing at least a majority of the total LC Exposure), be applied to satisfy the Secured
Obligations in accordance with <U>Section&nbsp;7.02</U>. If the Borrowers are required to provide an amount of cash collateral
hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned
to the Borrowers within three (3)&nbsp;Business Days after all Events of Default have been cured or waived.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Letters
of Credit Issued for Account of Subsidiaries</U>.&nbsp; Notwithstanding that a Letter of Credit issued or outstanding hereunder
supports any obligations of, or is for the account of, a Subsidiary, or states that a Subsidiary is the &ldquo;account party,&rdquo;
 &ldquo;applicant,&rdquo; &ldquo;customer,&rdquo; &ldquo;instructing party,&rdquo; or the like of or for such Letter of Credit,
and without derogating from any rights of the applicable Issuing Bank (whether arising by contract, at law, in equity or otherwise)
against such Subsidiary in respect of such Letter of Credit, the Borrowers (i)&nbsp;shall reimburse, indemnify and compensate the
applicable Issuing Bank hereunder for such Letter of Credit (including to reimburse any and all drawings thereunder) as if such
Letter of Credit had been issued solely for the account of the Borrowers and (ii)&nbsp;irrevocably waives any and all defenses
that might otherwise be available to it as a guarantor or surety of any or all of the obligations of such Subsidiary in respect
of such Letter of Credit.&nbsp; Each Borrower hereby acknowledges that the issuance of such Letters of Credit for its Subsidiaries
inures to the benefit of the Borrowers, and that each Borrower&rsquo;s business derives substantial benefits from the businesses
of such Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.07.&nbsp;</FONT><U>Funding
of Borrowings</U>. (a)&nbsp; Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof solely by
wire transfer of immediately available funds, by 12:00 noon, New&nbsp;York City time, to the account of the Administrative Agent
most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided
in <U>Section&nbsp;2.05</U>. Except in respect of the provisions of this Agreement covering the reimbursement of Letters of Credit,
the Administrative Agent will make such Loans available to the applicable Borrower by promptly crediting the funds so received
in the aforesaid account of the Administrative Agent to an account of such Borrower maintained with the Administrative Agent in
New&nbsp;York City and designated by the Borrowers in the applicable Borrowing Request; provided that ABR&nbsp;Revolving Loans
made to finance the reimbursement of an LC Disbursement as provided in <U>Section&nbsp;2.06(e)</U>&nbsp;shall be remitted by the
Administrative Agent to the Issuing Bank.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(<FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>b</U></FONT>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing that such Lender
will not make available to the Administrative Agent such Lender&rsquo;s share of such Borrowing, the Administrative Agent may assume
that such Lender has made such share available on such date in accordance with paragraph&nbsp;(a)&nbsp;of this Section&nbsp;and
may, in reliance upon such assumption, make available to the applicable Borrower a corresponding amount. In such event, if a Lender
has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and
the applicable Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount, with
interest thereon, for each day from and including the date such amount is made available to such Borrower to, but excluding, the
date of payment to the Administrative Agent, at (i)&nbsp;in the case of such Lender, the greater of the NYFRB Rate and a rate determined
by the Administrative Agent in accordance with banking industry rules&nbsp;on interbank compensation or (ii)&nbsp;in the case of
the Borrowers, the interest rate applicable to ABR&nbsp;Loans. If such Lender pays such amount to the Administrative Agent, then
such amount shall constitute such Lender&rsquo;s Loan included in such Borrowing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.08.&nbsp;</FONT><U>Interest
Elections</U>. (a)&nbsp; Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the
case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the Borrowers
may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurodollar Borrowing,
may elect Interest Periods therefor, all as provided in this Section. The Borrowers may elect different options with respect to
different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding
the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing. This
Section&nbsp;shall not apply to Swingline Borrowings, which may not be converted or continued.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>To
make an election pursuant to this Section, the applicable Borrower shall notify the Administrative Agent of such election by telephone
by the time that a Borrowing Request would be required under <U>Section&nbsp;2.03</U> if such Borrower were requesting a Borrowing
of the Type resulting from such election to be made on the effective date of such election. Each such telephonic Interest Election
Request shall be irrevocable and shall be confirmed promptly by hand delivery, telecopy or electronic mail to the Administrative
Agent of a written Interest Election Request in a form approved by the Administrative Agent and signed by the applicable Borrower.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
telephonic and written Interest Election Request shall specify the following information in compliance with Section&nbsp;2.02:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">the Borrowing to which such Interest Election Request applies
and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to
each resulting Borrowing (in which case the information to be specified pursuant to clause<FONT STYLE="color: red"><STRIKE>s</STRIKE></FONT>&nbsp;(iii)&nbsp;<FONT STYLE="color: red"><STRIKE>and
(iv)&nbsp;</STRIKE></FONT>below shall be specified for each resulting Borrowing);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day;</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>whether
the resulting Borrowing is to be an ABR&nbsp;Borrowing or a Eurodollar Borrowing; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;if
the resulting Borrowing is a Eurodollar Borrowing, the Interest Period to be applicable thereto after giving effect to such election,
which shall be a period contemplated by the definition of the term &ldquo;<B><I>Interest Period</I></B>&rdquo;.</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">If any such Interest Election Request requests a Eurodollar
Borrowing but does not specify an Interest Period, then the applicable Borrower shall be deemed to have selected an Interest Period
of one month&rsquo;s duration.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Promptly
following receipt of an Interest Election Request, the Administrative Agent shall advise each applicable Lender of the details
thereof and of such Lender&rsquo;s portion of each resulting Borrowing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
the Borrowers fail to deliver a timely Interest Election Request with respect to a Eurodollar Borrowing prior to the end of the
Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period
such Borrowing shall be converted to an ABR&nbsp;Borrowing; <U>provided</U>, that if such Borrowing is denominated in an Offshore
Currency, such Borrowing shall instead be continued as a Eurodollar Borrowing of the same Class&nbsp;with an Interest Period of
one (1)&nbsp;month&rsquo;s duration. Notwithstanding any contrary provision hereof, if an Event of Default has occurred and is
continuing and the Administrative Agent, at the request of the Required Lenders, so notifies the Borrowers, then, so long as an
Event of Default is continuing (i)&nbsp;no outstanding Borrowing may be converted to or continued as a Eurodollar Borrowing and
(ii)&nbsp;unless repaid, each Eurodollar Borrowing shall be converted to an ABR&nbsp;Borrowing at the end of the Interest Period
applicable thereto; <U>provided</U>, however, if such Borrowing is denominated in an Offshore Currency, such Borrowing shall instead
be continued as a Eurodollar Borrowing with an Interest Period of one (1)&nbsp;month&rsquo;s duration.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.09.&nbsp;</FONT><U>Termination,
Reduction and Increase of Commitments</U>. (a)&nbsp; Unless previously terminated, (<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>i)&nbsp;the
Revolving Commitments shall terminate</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">on the Revolving Maturity
Date </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">and (</FONT></U>ii)&nbsp;the Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Commitments shall terminate immediately upon the funding of the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loans on the Effective Date <FONT STYLE="color: red"><STRIKE>and (ii)&nbsp;the Revolving</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>.
The Term B</U></FONT> Commitments <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(if any)</U></FONT> shall terminate
<FONT STYLE="color: green"><STRIKE>on the Revolving Maturity Date</STRIKE></FONT><STRIKE><FONT STYLE="color: red">.</FONT></STRIKE><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in
full on the earliest of (x)&nbsp;the funding of the Term B Loans on the Closing Date, (y)&nbsp;11:59 p.m.&nbsp;on the last day
of the Certain Funds Period and (z)&nbsp;11:59 p.m.&nbsp;on the date on which all Certain Funds Purposes have been achieved without
the making of any Term B Loans. Parent will furnish to the Administrative Agent on the Business Day thereof (or if such termination
occurs on a date that is not a Business Day, the immediately following Business Day (or such longer period as determined by the
Administrative Agent), written notice of any termination of the Term B Commitments in accordance with this Section&nbsp;2.09(a)&nbsp;(other
than any termination resulting from the funding of the Term B Loans on the Closing Date).</U></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers may at any time terminate the Revolving Commitments upon (i)&nbsp;the payment in full in cash of all outstanding Revolving
Loans, together with accrued and unpaid interest thereon, (ii)&nbsp;the cancellation and return of all outstanding Letters of Credit
(or alternatively, with respect to each such Letter of Credit, the furnishing to the Issuing Bank with a cash deposit (or at the
discretion of the Issuing Bank a back-up standby letter of credit satisfactory to the Issuing Bank) equal to 103% of the LC Exposure
as of such date), (iii)&nbsp;the payment in full in cash of the accrued and unpaid fees and (iv)&nbsp;the payment in full in cash
of all reimbursable expenses and all other Obligations in cash together with accrued and unpaid interest thereon. The Borrowers
may from time to time reduce the Revolving Commitments of any Class; <U>provided</U> that (i)&nbsp;each reduction of the Revolving
Commitments shall be in an amount that is an integral multiple of the Equivalent Amount of $1,000,000 and not less than the Equivalent
Amount of $5,000,000 and (ii)&nbsp;the Borrowers shall not terminate or reduce the Revolving Commitments if, after giving effect
to any concurrent prepayment of the Revolving Loans in accordance with <U>Section&nbsp;2.11</U>, (x)&nbsp;any Lender&rsquo;s EUR
Revolving Credit Exposure would exceed such Lender&rsquo;s EUR Revolving Commitment, (y)&nbsp;any Lender&rsquo;s U.S. Revolving
Credit Exposure (plus the aggregate amount of such Lender&rsquo;s EUR Revolving Credit Exposure) would exceed such Lender&rsquo;s
U.S. Revolving Commitment or (z)&nbsp;the sum of the total Revolving Credit Exposures would exceed the total Revolving Commitments.</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Borrowers may at any time terminate, or from time to time reduce, the Term A Commitments or the Term B Commitments; provided that
each partial reduction of Term A Commitments or Term B Commitments shall be in an amount that is an integral multiple of $1,000,000
and not less than the $5,000,000.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>c</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers shall notify the Administrative Agent of any election to terminate or reduce the <FONT STYLE="color: red"><STRIKE>Revolving
</STRIKE></FONT>Commitments under paragraph&nbsp;(b<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>)&nbsp;or (c</U></FONT>)&nbsp;of
this Section&nbsp;at least three (3)&nbsp;Business Days prior to the effective date of such termination or reduction, specifying
such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the
<FONT STYLE="color: red"><STRIKE>Revolving </STRIKE></FONT>Lenders of the contents thereof. Each notice delivered by the Borrowers
pursuant to this Section&nbsp;shall be irrevocable; <U>provided</U> that a notice of termination of the Revolving Commitments delivered
by the Borrowers may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such
notice may be revoked by the Borrowers (by notice to the Administrative Agent on or prior to the specified effective date) if such
condition is not satisfied. Any termination or reduction of the Commitments shall be permanent. Each reduction of <FONT STYLE="color: red"><STRIKE>the
Revolving</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>any Class&nbsp;of</U></FONT> Commitments shall
be made ratably among the <FONT STYLE="color: red"><STRIKE>Revolving </STRIKE></FONT>Lenders in accordance with their respective
<FONT STYLE="color: red"><STRIKE>Revolving </STRIKE></FONT>Commitments <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>within
such Class</U></FONT>.</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers shall have the right (exercisable at any time and from time to time) to increase the Commitments by obtaining additional
Commitments in U.S. Dollars or Euros<FONT STYLE="color: green"><STRIKE>, by up to an aggregate amount</STRIKE></FONT><STRIKE> <FONT STYLE="color: red">equal
to the Equivalent Amount of $400,000,000, </FONT></STRIKE>in the form of a Revolving Loan, a Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A
Loan, a Term B</U></FONT> Loan or a new term loan <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(or in each case,
commitments therefor)</U></FONT>, either from one or more of the Lenders or another lending institution acceptable to Administrative
Agent<FONT STYLE="color: red"><STRIKE>; </STRIKE><U><STRIKE>provided</STRIKE></U></FONT> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green"><U>,
by up to an aggregate amount </U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">not to exceed the greater of
(i)&nbsp;$250,000,000 and (ii)&nbsp;additional amounts if Parent is in compliance, on a pro forma basis after giving effect to
the incurrence of any incremental facility (assuming the full drawing of any incremental Revolving Commitments and giving effect
to other permitted pro forma adjustment events and any permanent repayment of indebtedness after the beginning of the relevant
determination period but prior to or simultaneous with such borrowing), with a Senior Secured Net Debt to EBITDA Ratio of not more
than 3.50 to 1.00 recomputed as of the last day of the most recently ended fiscal quarter of Parent for which financial statements
are available under 5.01(a)&nbsp;or (b), plus (iii)&nbsp;additional principal amounts of Incremental Term Loan Facilities or incremental
Revolving Credit Facilities, to the extent such amounts represent a substantially concurrent refinancing or replacement of an equivalent
principal amount of existing Term Loans or existing Revolving Commitments, respectively under this Agreement; provided, that the
proceeds of any incremental facility will be disregarded in any netting calculations in determining compliance with the Senior
Secured Net Debt to EBITDA Ratio described above; provided, further,</FONT></U> that the aggregate amount of the proceeds of any
Term Loan Refinancing shall be excluded for purposes of calculating the aggregate amount of additional Commitments issued pursuant
to this <U>Section&nbsp;2.09(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><U>)</U>;
<U>provided</U>, <U>further</U>, that (i)&nbsp;any such request for an increase shall be in a minimum amount equal to the Equivalent
Amount of $25,000,000, (ii)&nbsp;any such new Lender assumes all of the rights and obligations of a &ldquo;Lender&rdquo; hereunder,
(iii)&nbsp;the procedures described in <U>Section&nbsp;2.09(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><U>)</U>,
<U>2.09(</U><FONT STYLE="color: red"><U><STRIKE>e</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>f</U></FONT><U>)</U>
and <U>2.09(</U><FONT STYLE="color: red"><U><STRIKE>f</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>g</U></FONT><U>)</U>
have been satisfied, (iv)&nbsp;no Lender shall be required or obligated to increase its commitment <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
(v)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>any incremental Revolving Credit Facility shall take the form
of an increase of the existing Revolving Commitments or otherwise be on terms reasonably acceptable to the Administrative Agent
and (vi)</U></FONT>&nbsp;in the case of Loans to be made under a new term loan facility (<FONT STYLE="color: red"><STRIKE>a &ldquo;</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such
new term loan facility, an &ldquo;<B><I>Incremental </I></B></U></FONT><B><I>Term Loan Facility</I></B><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&rdquo;
and any loans made pursuant to an Incremental Term Loan Facility, &ldquo;<B><I>Incremental Term Loans</I></B></U></FONT>&rdquo;),
(A)&nbsp;this Agreement shall be amended, in form and substance acceptable to the Administrative Agent, to reflect the addition
of such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT> Term Loan Facility, (B)&nbsp;all Loans
made under such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT> Term Loan Facility <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)&nbsp;with
amortization greater than 1% per year prior to maturity (an &ldquo;<B><I>Incremental Term A Facility</I></B>&rdquo;)</U></FONT>
shall have a weighted average life to maturity not shorter than the remaining weighted average life to maturity of then-existing
Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
a final maturity date no earlier than the Term A Loan Maturity Date and (y)&nbsp;with amortization less than or equal to 1% per
year prior to maturity (an &ldquo;<B><I>Incremental Term B Facility</I></B>&rdquo; and the loans thereunder, the &ldquo;<B><I>Incremental
Term B Loans</I></B>&rdquo;) shall have a weighted average life to maturity not shorter than the remaining weighted average life
to maturity of then-existing Term B Loans and a final maturity date no earlier than the Term B Loan Maturity Date</U></FONT>, (C)&nbsp;the
interest margin for Loans made under such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT> Term
Loan Facility may be priced differently than the Revolving Loans, the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Loans, <FONT STYLE="color: red"><STRIKE>and/or any other loans made under </STRIKE></FONT>the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT>
Loan<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s and any Incremental Term Loans, provided, that in connection with
any tranche of Incremental Term B Loans incurred within 12 months following the Closing Date, if the All-in Yield in respect of
the Incremental Term B Facility exceeds the All-in Yield for any existing applicable Term B Facility by more than 50 basis points,
the Applicable Rate for such existing Term B Facility shall be increased so that the All-in Yield in respect of such Incremental
Term B Loans is no more than 50 basis points higher than the All-in Yield for such existing Term B</U></FONT> Facility, (D)&nbsp;the
Loans made under such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT> Term Loan Facility shall
rank equally in right of payment with all other remaining Loans, including, without limitation, pursuant to <U>Section&nbsp;2.18</U>
of this Agreement (unless otherwise agreed by the Lenders making Loans under the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT>
Term Loan Facility), and (E)&nbsp;any other terms and provisions applicable to such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT>
Term Loan Facility (including, without limitation, the terms and provisions relating to repayments and prepayments with respect
to Loans made under such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT> Term Loan Facility)
shall be substantially the same as (and in any event not more favorable than) the <FONT STYLE="color: red"><STRIKE>Revolving Loans,
the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>equivalent respective Class&nbsp;of Incremental</U></FONT>
Term Loans and any other term loans issued hereunder prior to such date and shall otherwise be in form and substance satisfactory
to the Administrative Agent, the Borrowers, and the Lenders participating in such <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT>
Term Loan Facility; <U>provided</U> that, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)</U></FONT>&nbsp;the terms
and conditions applicable to any <FONT STYLE="color: red"><STRIKE>such</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Incremental</U></FONT>
Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Facility maturing after the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loan Maturity Date may
provide for material additional or different financial or other covenants or prepayment requirements applicable only during periods
after the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A Loan Maturity Date and (y)&nbsp;the terms and conditions
applicable to any Incremental Term B Facility maturing after the Term B Loan Maturity Date may provide for material additional
or different financial or other covenants or prepayment requirements applicable only during periods after the Term B</U></FONT>
Loan Maturity Date.</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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>e</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>f</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
amendment hereto for such an increase or addition pursuant to <U>Sections 2.09(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><U>)</U>,
<U>2.09(</U><FONT STYLE="color: red"><U><STRIKE>e</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>f</U></FONT><U>)</U>
and <U>2.09(</U><FONT STYLE="color: red"><U><STRIKE>f</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>g</U></FONT><U>)</U>
shall be in form and substance satisfactory to the Administrative Agent (and the Lender(s)&nbsp;being added or increasing their
Commitment) and shall only require the written signatures of the Administrative Agent, the Borrowers and the Lender(s)&nbsp;being
added or increasing their Commitment. As a condition precedent to each such increase, Borrowers shall deliver to the Administrative
Agent such legal opinions and other documents reasonably requested by Administrative Agent, including, without limitation, a certificate
(in sufficient copies for each Lender) signed by an authorized officer of Borrowers (i)&nbsp;certifying and attaching the resolutions
adopted by each Loan Party approving or consenting to such increase and (ii)&nbsp;certifying that, before and after giving effect
to such increase, (A)&nbsp;the representations and warranties contained in Article&nbsp;III and the other Loan Documents are true
and correct, except to the extent that such representations and warranties specifically refer to an earlier date, in which case
they are true and correct as of such earlier date, (B)&nbsp;no Default or Event of Default has occurred and is continuing and each
of the other conditions set forth in <U>Section&nbsp;</U><FONT STYLE="color: red"><U><STRIKE>4.02</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>4.04</U></FONT>
have been satisfied and (C)&nbsp;Borrowers are in compliance on a <U>pro forma</U> basis (assuming such increase was made on the
last day of the applicable period) with the covenants set forth in <U>Section&nbsp;6.11</U>, recomputed for the most recent quarter
for which financial statements have been delivered pursuant to calculations and detail acceptable to Administrative Agent. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Any
such amendment may, at the option of the Borrowers and the Administrative Agent, include amendments to an applicable existing Class&nbsp;to
ensure fungibility with any incremental facility, so long as such amendments are not adverse to such existing Class.</U></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>f</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>g</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Within
a reasonable time after the effective date of any increase, the Administrative Agent shall, and is hereby authorized and directed
to, revise the Commitment Schedule to reflect such increase and shall distribute such revised Commitment Schedule to each of the
Lenders and the Borrowers, whereupon such revised Commitment Schedule shall replace the old Commitment Schedule and become part
of this Agreement. On the Business Day following any such increase of the Revolving Commitments, all outstanding Revolving Loans
and other outstanding advances shall be reallocated among the Revolving Lenders (including any newly added Lenders) in accordance
with the Revolving Lenders&rsquo; respective revised Applicable Percentages. Eurodollar Borrowings shall not be reallocated among
the Revolving Lenders prior to the expiration of the applicable Interest Period in effect at the time of any such increase.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>g</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>h</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Parent
may, upon not less than twenty (20) Business Days&rsquo; notice from Parent to the Administrative Agent (or such shorter period
as may be agreed by the Administrative Agent in its sole discretion), terminate the status of any Borrower (other than Parent)
as a Borrower, if and only if (i)&nbsp;there are no outstanding Loans or LC Exposure outstanding with respect to such Borrower
or other amounts payable by such Borrower on account of any Loans made to it or Letters of Credit issued for its account as of
the effective date of such termination (unless such Loans and other Obligations have been assumed by another Borrower and certified
as such to the Administrative Agent) and (ii)&nbsp;such Borrower shall become a Loan Guarantor if it is required to do so pursuant
to <U>Section&nbsp;5.09(a)</U>&nbsp;prior to or contemporaneously with the effective date of such termination. The Administrative
Agent shall promptly notify the Lenders of any such termination of such Borrower&rsquo;s status as a borrower.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
anything to the contrary herein, prior to the Closing Date, the Borrowers shall have the right to terminate this Agreement, the
other Loan Documents (other than the Fee and Syndication Letter) and the Commitments hereunder automatically upon written notice
to the Administrative Agent without further action required by any Person. If the Borrowers elect to terminate this Agreement in
accordance with this Section&nbsp;2.0(i), the Administrative Agent and the Lenders agree to take or cause to be taken such further
actions, at the expense of the Borrowers, which may be required by law or which the Borrowers may, from time to time, reasonably
request to evidence and otherwise carry out such termination.</U></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.10.&nbsp;</FONT><U>Repayment
of Loans; Evidence of Debt</U>. (a)&nbsp; Each Borrower hereby unconditionally promises to pay (i)&nbsp;to the Administrative Agent
for the account of the applicable Revolving Lender the then unpaid principal amount of each of its U.S. Revolving Loans in U.S.
Dollars and EUR Revolving Loans in Euros on the Revolving Maturity Date and (ii)&nbsp;to the Administrative Agent for the account
of the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Maturity Date and
the fifth (5<SUP>th</SUP>) Business Day after such Swingline Loan is made; provided that on each date that a Revolving Borrowing
is made, the Borrowers shall repay all Swingline Loans then outstanding and the proceeds of any such Borrowing shall be applied
by the Administrative Agent to repay any Swingline Loans outstanding. The U.S. Borrower hereby unconditionally promises to pay
to the Administrative Agent <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;for the account of each
Term <FONT STYLE="color: red"><STRIKE>Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>
Lender<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, an aggregate principal amount of $500,000</U></FONT> on the
last Business Day of each fiscal quarter of <FONT STYLE="color: red"><STRIKE>the Borrowers</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Parent</U></FONT>
(commencing with the last Business Day of the fiscal quarter ending December&nbsp;31, 2018)<FONT STYLE="color: red"><STRIKE>, in
the </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(in each case as adjusted from time to time pursuant
to Section&nbsp;2.11(c)) and (ii)&nbsp;for the account of each Term B Lender, an</U></FONT> aggregate principal amount of $<FONT STYLE="color: red"><STRIKE>500,000
(</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>875,000, on the last Business Day of each fiscal quarter
of Parent (commencing with the last Business Day of the first full fiscal quarter ending immediately following the Closing Date)
(in each case </U></FONT>as adjusted from time to time pursuant to <U>Section&nbsp;2.11(c)</U>).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">To the extent not previously paid, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;all
unpaid Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Loans shall be paid in full in cash by the
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>U.S.</U></FONT> Borrower<FONT STYLE="color: red"><STRIKE>s</STRIKE></FONT>
on the Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A Loan Maturity Date and (ii)&nbsp;all unpaid Term B Loans
shall be paid in full in cash by the U.S. Borrower on the Term B</U></FONT> Loan Maturity Date .</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrowers
to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to
such Lender from time to time hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Administrative Agent shall maintain accounts in which it shall record (i)&nbsp;the amount of each Loan made hereunder, the Class&nbsp;and
Type thereof and the Interest Period applicable thereto, (ii)&nbsp;the amount of any principal or interest due and payable or to
become due and payable from the Borrowers to each Lender hereunder and (iii)&nbsp;the amount of any sum received by the Administrative
Agent hereunder for the account of the Lenders and each Lender&rsquo;s share thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
entries made in the accounts maintained pursuant to paragraph&nbsp;(b)&nbsp;or (c)&nbsp;of this Section&nbsp;shall be <I>prima
facie</I> evidence of the existence and amounts of the Obligations recorded therein; <U>provided</U> that the failure of any Lender
or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the
Borrowers to repay the Loans in accordance with the terms of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrowers shall prepare, execute
and deliver to such Lender a promissory note payable to the order of such Lender (or, if requested by such Lender, to such Lender
and its registered assigns) and in a form approved by the Administrative Agent. Thereafter, the Loans evidenced by such promissory
note and interest thereon shall at all times (including after assignment pursuant to Section&nbsp;9.04) be represented by one or
more promissory notes in such form payable to the order of the payee named therein (or, if such promissory note is a registered
note, to such payee and its registered assigns<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>)</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
on any Computation Date, the aggregate Revolving Credit Exposure of the Lenders for any Class&nbsp;exceeds the aggregate Revolving
Commitments of the Lenders for such Class, the applicable Borrower shall immediately prepay the Revolving Loans in the amount of
such excess. To the extent that, after any such prepayment of all Revolving Loans of any Class&nbsp;an excess of the Revolving
Credit Exposure of such Class&nbsp;over the aggregate Revolving Commitments of such Class&nbsp;still exists, the Borrowers shall
promptly cash collateralize the Letters of Credit in the manner described in Section&nbsp;2.06(j)&nbsp;in an amount sufficient
to eliminate such excess. Any such payment shall be applied, first, to the Swingline Loans, second, to the Revolving Loans for
such Class&nbsp;and, third, as cash collateral for LC Exposure for such Class.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.11.&nbsp;</FONT><U>Prepayment
of Loans</U>. (a)&nbsp; The Borrowers shall have the right at any time and from time to time to prepay any Borrowing in whole or
in part, subject to <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;prior notice in accordance with
paragraph&nbsp;(b)&nbsp;of this Section<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>&nbsp;and payment of the premium
set forth in paragraph (c)&nbsp;of this Section</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers shall notify the Administrative Agent (and, in the case of prepayment of Swingline Loans, the Swingline Lenders) by telephone
(confirmed by telecopy or electronic mail) of any prepayment hereunder (i)&nbsp;in the case of prepayment of a Eurodollar Borrowing
in U.S. Dollars, not later than 11:00 a.m., New&nbsp;York City time, three (3)&nbsp;Business Days before the date of prepayment,
(ii)&nbsp;in the case of prepayment of a Eurodollar Revolving Borrowing in Euros, not later than 11:00 a.m., London time, three
(3)&nbsp;Business Days before the date of prepayment, (iii)&nbsp;in the case of prepayment of an ABR Borrowing, not later than
11:00 a.m., New&nbsp;York City time, one (1)&nbsp;Business Day before the date of prepayment or (iv)&nbsp;in the case of prepayment
of a Swingline Loan, not later than 12:00 noon, New&nbsp;York City time, on the date of prepayment. Each such notice shall be irrevocable
and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid; <U>provided</U>
that, if a notice of prepayment is given in connection with a conditional notice of termination of the Revolving Commitments as
contemplated by <U>Section&nbsp;2.09</U>, then such notice of prepayment may be revoked if such notice of termination is revoked
in accordance with <U>Section&nbsp;2.09</U>. Promptly following receipt of any such notice relating to a Borrowing, the Administrative
Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Revolving Borrowing shall be in an amount
that would be permitted in the case of an advance of a Revolving Borrowing of the same Type as provided in <U>Section&nbsp;2.02</U>.
Each prepayment of a Revolving Borrowing shall be applied ratably to the Revolving Loans included in the prepaid Borrowing. Each
voluntary prepayment of the Term Loans pursuant to this <U>Section&nbsp;2.11(b)</U>&nbsp;shall be applied as directed by the Borrowers;
<U>provided</U>, that <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>voluntary prepayments of Term Loans shall be applied
to the Class&nbsp;of Term Loans as directed by Parent and to reduce the scheduled repayments of such Term Loans as directed by
the Borrowers; provided, further, that</U></FONT> any voluntary prepayment of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>any
Class&nbsp;of</U></FONT> Term Loans made with proceeds of any Term Loan Refinancing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>therefrom</U></FONT>
shall be applied to the principal installments thereof in inverse order of maturity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Prepayments
shall be accompanied by accrued interest to the extent required by <U>Section&nbsp;2.13</U> and any break funding payments required
by <U>Section&nbsp;2.16</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>If
on or prior to the date that is six months following the Closing Date, any Repricing Event occurs, Parent shall pay to the Administrative
Agent, for the ratable account of each of the applicable Term B Lenders (i)&nbsp;in the case of clause (i)&nbsp;of the definition
of Repricing Event, a prepayment premium of 1.00% of the aggregate amount of the Term B Facility so prepaid, repaid or replaced
and (ii)&nbsp;in the case of clause (ii)&nbsp;of the definition of Repricing Event, a fee equal to 1.00% of the aggregate amount
of the Term B Facility outstanding immediately prior to such amendment (without duplication of any fee paid to such Term B Lender
under clause (i)&nbsp;above).</U></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>c</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
the event and on each occasion that any Net Cash Proceeds are received by or on behalf of any Loan Party in respect of any <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Asset
Sale</U></FONT> Prepayment Event, the Borrowers shall, promptly (and in any event within three (3)&nbsp;Business Days) after such
Net Cash Proceeds are received by any Loan Party, prepay the Term Loans on a pro rata basis (and to the principal installments
thereof as directed by the Borrowers, or, in the absence of such direction, in direct order of maturity) in an aggregate amount
equal to 100% of such Net Cash Proceeds, <U>provided that</U>, (i)&nbsp;if the Borrowers shall deliver to the Administrative Agent
prior to the end of such third Business Day a certificate of a Financial Officer to the effect that the Loan Parties intend to
apply the Net Cash Proceeds from such event (or a portion thereof specified in such certificate), within 365 days after receipt
of such Net Cash Proceeds, to acquire (or replace or rebuild) real property, equipment or other tangible assets (excluding inventory)
to be used in the business of the Loan Parties or to make Investments permitted pursuant to <U>Section&nbsp;6.05(c)</U>, <U>(f)</U>&nbsp;or
<U>(h)</U>, and certifying that no Event of Default has occurred and is continuing, then no prepayment shall be required pursuant
to this paragraph in respect of the Net Cash Proceeds specified in such certificate; (ii)&nbsp;if, on the date of such Net Cash
Proceeds are received, the Net Debt to EBITDA Ratio as of the most recent determination date is less than or equal to <FONT STYLE="color: red"><STRIKE>3.75</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>3.50</U></FONT>:1.00,
then the applicable percentage of Net Cash Proceeds required to prepay the Term Loans shall be reduced to 50%<FONT STYLE="color: red"><STRIKE>;
</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and</U></FONT> (iii)&nbsp;to the extent of any such
Net Cash Proceeds therefrom that have not been so applied by the end of such 365 day period (or, if the applicable Borrower has
entered into a binding commitment to make such application of the Net Cash Proceeds within such 365 day period and has not so applied
such Net Cash Proceeds within six (6)&nbsp;months following such 365 day period), a prepayment shall be required at such time in
an amount equal to such Net Cash Proceeds that have not been so applied<FONT STYLE="color: red"><STRIKE>; (iv)&nbsp;to the extent</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(f)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>If
any Indebtedness shall be issued or incurred by Parent or any Restricted Subsidiary (excluding any Indebtedness incurred in accordance
with Section&nbsp;6.01), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such issuance
or incurrence toward the prepayment of the Term Loans on a pro rata basis.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(g)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>On
and after the Closing Date, if, for any fiscal year of Parent commencing with the first fiscal year ending after the Closing Date,
there shall be Excess Cash Flow (with such Excess Cash Flow for the first fiscal year ending after the Closing Date being pro-rated
for the time period from the Closing Date to the last day of such first fiscal year), the Parent shall, on the relevant Excess
Cash Flow Application Date (as defined below), apply the ECF Percentage of such Excess Cash Flow toward the prepayment of the Term
Loans on a pro rata basis (and to the principal installments thereof as directed by the Borrowers, or, in the absence of such direction,
in direct order of maturity). Each such prepayment shall be made on a date (an &ldquo;<B><I>Excess Cash Flow Application Date</I></B>&rdquo;)
no later than five Business Days after the date on which the financial statements of Parent referred to in Section&nbsp;5.01(a)&nbsp;for
the fiscal year with respect to which such prepayment to be made are required to be delivered to the Lenders; provided that any
voluntary prepayments of Term Loans and Revolving Loans (to the extent accompanied by a permanent reduction of Revolving Commitments)
during such fiscal year, to the extent funded with internally generated cash, shall be credited against Parent&rsquo;s obligation
to make prepayments under this Section&nbsp;2.11(g)&nbsp;for such fiscal year on a dollar-for-dollar basis.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(h)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>To
the extent</U></FONT> that any <FONT STYLE="color: red"><STRIKE>of </STRIKE></FONT>or all <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>of
(i)</U></FONT>&nbsp;the Net Cash Proceeds of any Asset Disposition by a Foreign Subsidiary <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or</U></FONT>
(<FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>ii) Excess Cash Flow
generated by a Foreign Subsidiary (collectively,</U></FONT> &ldquo;<B><I>Foreign <FONT STYLE="color: red"><STRIKE>Disposition</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Proceeds</U></FONT></I></B>&rdquo;)
are prohibited or delayed by applicable local law from being repatriated to the United States, no prepayment shall be required
pursuant to this paragraph for that portion of such Net Cash Proceeds so affected, and such amounts may be retained by the applicable
Foreign Subsidiary; provided that, once such repatriation of any such affected Net Cash Proceeds would be permitted by applicable
local law, the Borrowers shall promptly apply an amount equal to such Net Cash Proceeds in compliance with this paragraph<FONT STYLE="color: red"><STRIKE>;</STRIKE></FONT>
and (<FONT STYLE="color: red"><STRIKE>v</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>iii</U></FONT>)&nbsp;to
the extent that Parent has determined in good faith that the repatriation of any of or all the <FONT STYLE="color: red"><STRIKE>Net
Cash</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Foreign</U></FONT> Proceeds <FONT STYLE="color: red"><STRIKE>of
any Foreign Disposition </STRIKE></FONT>could reasonably be expected to result in a material adverse tax consequence to the Borrowers
or their Restricted Subsidiaries with respect to such Net Cash Proceeds (which, for the avoidance of doubt, includes, but is not
limited to, any prepayment whereby doing so the Borrowers, any of their Restricted Subsidiaries or any of their respective Affiliates
and/or shareholders would incur a tax liability, including a tax dividend, deemed dividend pursuant to IRC Section&nbsp;956 or
a withholding tax), neither the applicable Foreign Subsidiary nor any Borrower shall have an obligation to apply such Net Cash
Proceeds pursuant to this paragraph until such time that such amounts could be repatriated without incurring such liability or
consequence.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
anything in Section&nbsp;2.6(e), or (g)&nbsp;to the contrary, any Term Loan Lender may elect not to accept its pro rata portion
of any amount prepaid under such Section&nbsp;pursuant to procedures reasonably</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">satisfactory
to the Administrative Agent (</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">each such Term Loan Lender,
a &ldquo;<B><I>Declining Lender</I></B>&rdquo;), and the Borrowers shall retain for their own accounts such amount declined by
a Declining Lender.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.12.&nbsp;</FONT><U>Fees</U>.
(a)&nbsp; The Borrowers agree to pay to the Administrative Agent for the account of each Revolving Lender a commitment fee, which
shall accrue at the Applicable Rate on an amount equal to (i)&nbsp;the Revolving Commitment (as increased or reduced in accordance
with the terms of this Agreement), <I>minus</I> (ii)&nbsp;the average daily amount of the Equivalent Amount in Dollars of the aggregate
Revolving Credit Exposure (calculated without giving effect to clause (b)&nbsp;of the definition of Swingline Exposure) during
the period from and including the date hereof to, but excluding, the date on which the Revolving Lenders&rsquo; Revolving Commitments
terminate. Accrued commitment fees shall be payable in arrears on the last day of March, June, September&nbsp;and December&nbsp;of
each year and on the date on which the Revolving Commitments terminate, commencing on the first such date to occur after the date
hereof. All commitment fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of
days elapsed (including the first day but excluding the last day). Such commitment fee shall be allocated among Revolving Lenders
in an amount determined by the unused portion of that Revolving Lender&rsquo;s Revolving Commitment, expressed as a percentage
of the unused portion of the Revolving Commitments of all Revolving Lenders and multiplied by the amount of such commitment fee
as calculated pursuant to the first sentence of this clause (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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
applicable Borrower agrees to pay (i)&nbsp;to the Administrative Agent for the account of each Revolving Lender a participation
fee with respect to its participations in Letters of Credit, which shall accrue per annum at the same Applicable Rate used to determine
the interest rate applicable to Eurodollar Revolving Loans on the average daily amount of such Revolving Lender&rsquo;s LC Exposure
(excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including the Effective
Date to but excluding the later of the date on which such Revolving Lender&rsquo;s Revolving Commitment terminates and the date
on which such Revolving Lender ceases to have any LC Exposure, and (ii)&nbsp;to the Issuing Bank a fronting fee, which shall accrue
at the rate of 0.125% <I>per annum</I> on the average daily amount of the LC Exposure (excluding any portion thereof attributable
to unreimbursed LC Disbursements) during the period from and including the Effective Date to but excluding the later of the date
of termination of the Revolving Commitments and the date on which there ceases to be any LC Exposure, as well as the Issuing Bank&rsquo;s
standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder.
Letter of Credit participation fees and fronting fees accrued through and including the last day of March, June, September&nbsp;and
December&nbsp;of each year shall be payable in arrears on the third (3<SUP>rd</SUP>) Business Day following such last day, commencing
on the first such date to occur after the Effective Date; <U>provided</U> that all such fees shall be payable on the date on which
the Revolving Commitments terminate and any such fees accruing after the date on which the Revolving Commitments terminate shall
be payable on demand. Any other fees payable to the Issuing Bank pursuant to this <U>clause (b)</U>&nbsp;shall be payable within
ten (10)&nbsp;days after demand. All Letter of Credit participation fees and fronting fees shall be computed on the basis of a
year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).</P>

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

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


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers agree to pay <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT>&nbsp;to the Administrative Agent,
for its own account, fees payable in the amounts and at the times separately agreed upon between the Borrowers and the Administrative
Agent <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (ii)&nbsp;the fees set forth in the Fee and Syndication Letter
to the extent such fees become due and payable</U></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing
Bank, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders
in the currency specified in Section&nbsp;2.18(g). Fees paid shall not be refundable under any circumstances.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.13. </FONT><U>Interest</U>.
(a)&nbsp; The Loans comprising each ABR&nbsp;Borrowing (excluding each Swingline Loan) shall bear interest at the Alternate
Base Rate plus the Applicable Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for the Interest Period in effect for
such Borrowing plus the Applicable Rate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Loans comprising each Swingline Loan shall bear interest at a rate per annum as may be agreed to in writing between U.S. Borrower
and Swingline Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
the foregoing, if any principal of or interest on any Loan or any fee or other amount payable by the Borrowers hereunder is not
paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well
as before judgment, at a rate <I>per annum</I> equal to (i)&nbsp;in the case of overdue principal of any Loan, 2.00% plus the rate
otherwise applicable to such Loan as provided in the preceding paragraphs of this Section&nbsp;or (ii)&nbsp;in the case of any
other amount, 2.00% plus the rate applicable to ABR&nbsp;Loans as provided in paragraph&nbsp;(a)&nbsp;of this Section.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Accrued
interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and, in the case of Revolving Loans,
upon termination of the Revolving Commitments; <U>provided</U> that (i)&nbsp;interest accrued pursuant to paragraph&nbsp;(d)&nbsp;of
this Section&nbsp;shall be payable on demand, (ii)&nbsp;in the event of any repayment or prepayment of any Loan (other than a prepayment
of an ABR&nbsp;Revolving Loan prior to the end of the Availability Period), accrued interest on the principal amount repaid or
prepaid shall be payable on the date of such repayment or prepayment and (iii)&nbsp;in the event of any conversion of any Eurodollar
Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective
date of such conversion.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">All interest hereunder shall be computed on the basis of a year
of 360 days, except that interest computed by reference to the Alternate Base Rate at times when the Alternate Base Rate is based
on the Prime Rate shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and in each case shall be
payable for the actual number of days elapsed (including the first day but excluding the last day). The applicable Alternate Base
Rate, Adjusted LIBO Rate or LIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive
absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.14. </FONT><U>Alternate
Rate of Interest</U>. (a)&nbsp; <FONT STYLE="color: red"><STRIKE>If</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Subject
to clauses (b), (c), (d), (e), (f)&nbsp;and (g)&nbsp;of this Section&nbsp;2.14, if</U></FONT> prior to the commencement of
any Interest Period for a Eurodollar Borrowing:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Administrative Agent <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>reasonably</U></FONT> determines (which determination
shall be conclusive absent manifest error) that adequate and reasonable means (including, without limitation, by means of an Interpolated
Rate) do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate, as applicable (including because the LIBO Screen Rate
is not available or published on a current basis), for the applicable currency and such Interest Period; <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>provided,
that no Benchmark Transition Event shall have occurred at such time</U></FONT> or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate or the LIBO Rate, as applicable, for the applicable
currency and such Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining
their Loans (or its Loan) included in such Borrowing for the applicable currency and such Interest Period;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">then the Administrative Agent shall give notice thereof
to the Borrowers and the Lenders by telephone, telecopy or electronic mail as promptly as practicable thereafter and, until the
Administrative Agent notifies the Borrowers and the Lenders that the circumstances giving rise to such notice no longer exist,
(A)&nbsp;any Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a
Eurodollar Borrowing shall be ineffective, <FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(B)&nbsp;if any Borrowing Request
requests a Eurodollar Borrowing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in Dollars</U></FONT>, such Borrowing
shall be made as an ABR Borrowing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (C)&nbsp;if any Borrowing Request
requests a Eurodollar Borrowing in an Offshore Currency, then such request shall be ineffective</U></FONT>; <U>provided<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">,</FONT></U>
that if the circumstances giving rise to such notice affect only one Type of Borrowings, then the other Type of Borrowings shall
be permitted<FONT STYLE="color: red"><STRIKE>; provided further, if any such Borrowing is to be </STRIKE></FONT><STRIKE><FONT STYLE="color: green">denominated
in an Offshore Currency, </FONT><FONT STYLE="color: red">such Borrowing shall instead be made as a Eurodollar Borrowing with an
Interest Period of one month.</FONT></STRIKE><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>. Furthermore, if any Eurodollar
Loan in any Agreed Currency is outstanding on the date of the Borrower&rsquo;s receipt of the notice from the Administrative Agent
referred to in this Section&nbsp;2.14(a)&nbsp;with respect to the LIBO Rate applicable to such Eurodollar Loan, then (i)&nbsp;if
such Eurodollar Loan is denominated in Dollars, then on the last day of the Interest Period applicable to such Loan (or the next
succeeding Business Day if such day is not a Business Day), such Loan shall be converted by the Administrative Agent to, and shall
constitute, an ABR Loan denominated in Dollars on such day or (ii)&nbsp;if such Eurodollar Loan is denominated in any Agreed Currency
(other than Dollars), then such Loan shall, on the last day of the Interest Period applicable to such Loan (or the next succeeding
Business Day if such day is not a Business Day), at the applicable Borrower&rsquo;s election prior to such day: (A)&nbsp;be prepaid
by such Borrower on such day or (B)&nbsp;be converted by the Administrative Agent to, and (subject to the remainder of this subclause
(B)) shall constitute, an ABR Loan denominated in Dollars (in an amount equal to the Dollar Equivalent of such Agreed Currency)
on such day (it being understood and agreed that if such Borrower does not so prepay such Loan on such day by 12:00 noon, Brussels
time, the Administrative Agent is authorized to effect such conversion of such Eurodollar Loan into an ABR Loan denominated in
Dollars), and, in the case of such subclause (B), upon receipt by the Borrowers&rsquo; of notice from the Administrative Agent
that the circumstances giving rise to the aforementioned notice no longer exist, such ABR Loan denominated in Dollars shall then
be converted by the Administrative Agent to, and shall constitute, a Eurodollar Loan denominated in such original Agreed Currency
(in an amount equal to the Offshore Currency Equivalent of such Agreed Currency) on the day of such notice being given to the Borrowers
by the Administrative Agent.</U></FONT></P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>(b)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><STRIKE>If
at any time the Administrative Agent determines (which determination shall be conclusive absent manifest error) that (i)&nbsp;the
circumstances set forth in clause (a)(i)&nbsp;have arisen and such circumstances are unlikely to be temporary or (ii)&nbsp;the
circumstances set forth in clause (a)(i)&nbsp;have not arisen but the supervisor for the administrator of the LIBO Screen Rate
or a Governmental Authority having jurisdiction over the Administrative Agent has made a public statement identifying a specific
date after which the LIBO Screen Rate shall no longer be used for determining interest rates for loans, then the Administrative
Agent and the Borrowers shall endeavor to establish an alternate rate of interest to the LIBO Rate that gives due consideration
to the then prevailing market convention for determining a rate of interest for syndicated loans in the United States at such time,
and shall enter into an amendment to this Agreement to reflect such alternate rate of interest and such other related changes to
this Agreement as may be applicable (but for the avoidance of doubt, such related changes shall not include a reduction of the
Applicable Rate); </STRIKE><U><STRIKE>provided</STRIKE></U> <STRIKE>that, if such alternate rate of interest as so determined would
be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement. Notwithstanding anything to the contrary
in </STRIKE><U><STRIKE>Section&nbsp;9.02</STRIKE></U><STRIKE>, such amendment shall become effective without any further action
or consent of any other party to this Agreement so long as the Administrative Agent shall not have received, within five Business
Days of the date notice of such alternate rate of interest is provided to the Lenders, a written notice from the Required Lenders
of each Class&nbsp;stating that such Required Lenders object to such amendment. Until an alternate rate of interest shall be determined
in accordance with this clause (b)&nbsp;(but, in the case of the circumstances described in clause (ii)&nbsp;of the first sentence
of this Section&nbsp;2.14(b), only to the extent the LIBO Screen Rate for the applicable currency and such Interest Period is not
available or published at such time on a current basis), (x)&nbsp;any Interest Election Request that requests the conversion of
any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective, and (y)&nbsp;if any Borrowing
Request requests a Eurodollar Borrowing, such Borrowing shall be made as an ABR Borrowing.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
anything to the contrary herein or in any other Loan Document (and any Swap Agreement shall be deemed not to be a &ldquo;Loan Document&rdquo;
for purposes of this Section&nbsp;2.14), if a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related
Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then
(x)&nbsp;if a Benchmark Replacement is determined in accordance with clause (1)&nbsp;or (2)&nbsp;of the definition of &ldquo;Benchmark
Replacement&rdquo; for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes
hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment
to, or further action or consent of any other party to, this Agreement or any other Loan Document and (y)&nbsp;if a Benchmark Replacement
is determined in accordance with clause (3)&nbsp;of the definition of &ldquo;Benchmark Replacement&rdquo; for such Benchmark Replacement
Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect
of any Benchmark setting at or after 5:00 p.m.&nbsp;(New York City time) on the fifth (5th) Business Day after the date notice
of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party
to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice
of objection to such Benchmark Replacement from Lenders comprising the Required Lenders of each affected Class.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
anything to the contrary herein or in any other Loan Document and subject to the proviso below in this paragraph, solely with respect
to a dollar Loan, if a Term SOFR Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference
Time in respect of any setting of the then-current Benchmark, then the applicable Benchmark Replacement will replace the then-current
Benchmark for all purposes hereunder or under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings,
without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document; provided
that, this clause (c)&nbsp;shall not be effective unless the Administrative Agent has delivered to the Lenders and the Borrowers
a Term SOFR Notice. For the avoidance of doubt, the Administrative Agent shall not be required to deliver a Term SOFR Notice after
a Term SOFR Transition Event and may do so in its sole discretion.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><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 or any other Loan Document.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Administrative Agent will promptly notify the Borrowers and the Lenders of (i)&nbsp;any occurrence of a Benchmark Transition Event,
a Term SOFR Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date, (ii)&nbsp;the
implementation of any Benchmark Replacement, (iii)&nbsp;the effectiveness of any Benchmark Replacement Conforming Changes, (iv)&nbsp;the
removal or reinstatement of any tenor of a Benchmark pursuant to clause (f)&nbsp;below and (v)&nbsp;the commencement or conclusion
of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent or,
if applicable, any Lender (or group of Lenders) pursuant to this Section&nbsp;2.14, including any determination with respect to
a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or
refrain from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or
their sole discretion and without consent from any other party to this Agreement or any other Loan Document, except, in each case,
as expressly required pursuant to this Section&nbsp;2.14.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(f)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
anything to the contrary herein or in any other Loan Document, at any time (including in connection with the implementation of
a Benchmark Replacement), (i)&nbsp;if the then-current Benchmark is a term rate (including Term SOFR or LIBO Rate) and either (A)&nbsp;any
tenor for such Benchmark is not displayed on a screen or other information service that publishes such rate from time to time as
selected by the Administrative Agent in its reasonable discretion or (B)&nbsp;the regulatory supervisor for the administrator of
such Benchmark has provided a public statement or publication of information announcing that any tenor for such Benchmark is or
will be no longer representative, then the Administrative Agent may modify the definition of &ldquo;Interest Period&rdquo; for
any Benchmark settings at or after such time to remove such unavailable or non-representative tenor and (ii)&nbsp;if a tenor that
was removed pursuant to clause (i)&nbsp;above either (A)&nbsp;is subsequently displayed on a screen or information service for
a Benchmark (including a Benchmark Replacement) or (B)&nbsp;is not, or is no longer, subject to an announcement that it is or will
no longer be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the definition
of &ldquo;Interest Period&rdquo; for all Benchmark settings at or after such time to reinstate such previously removed tenor.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(g)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Upon
receipt by the Borrowers of notice of the commencement of a Benchmark Unavailability Period, the applicable Borrower may revoke
any request for a Eurodollar Borrowing of, conversion to or continuation of Eurodollar Loans to be made, converted or continued
during any Benchmark Unavailability Period and, failing that, either (x)&nbsp;the Borrowers will be deemed to have converted any
such request for a Eurodollar Borrowing denominated in Dollars into a request for a Borrowing of or conversion to ABR Loans or
(y)&nbsp;any Eurodollar Borrowing denominated in an Offshore Currency shall be ineffective. During any Benchmark Unavailability
Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor, the component of ABR based upon the
then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of ABR. Furthermore,
if any Eurodollar Loan in any Agreed Currency is outstanding on the date of receipt by the Borrowers of notice of the commencement
of a Benchmark Unavailability Period with respect to a Relevant Rate applicable to such Eurodollar Loan, then (i)&nbsp;if such
Eurodollar Loan is denominated in Dollars, then on the last day of the Interest Period applicable to such Loan (or the next succeeding
Business Day if such day is not a Business Day), such Loan shall be converted by the Administrative Agent to, and shall constitute,
an ABR Loan denominated in Dollars on such day or (ii)&nbsp;if such Eurodollar Loan is denominated in any Agreed Currency (other
than Dollars), then such Loan shall, on the last day of the Interest Period applicable to such Loan (or the next succeeding Business
Day if such day is not a Business Day), at the applicable Borrower&rsquo;s election prior to such day: (A)&nbsp;be prepaid by such
Borrower on such day or (B)&nbsp;be converted by the Administrative Agent to, and (subject to the remainder of this subclause (B))
shall constitute, an ABR Loan denominated in Dollars (in an amount equal to the Dollar Equivalent of such Agreed Currency) on such
day (it being understood and agreed that if such Borrower does not so prepay such Loan on such day by 12:00 noon, Brussels time,
the Administrative Agent is authorized to effect such conversion of such Eurodollar Loan into an ABR Loan denominated in Dollars),
and, in the case of such subclause (B), upon any subsequent implementation of a Benchmark Replacement in respect of such Agreed
Currency pursuant to this Section&nbsp;2.14, such ABR Loan denominated in Dollars shall then be converted by the Administrative
Agent to, and shall constitute, a Eurodollar Loan denominated in such original Agreed Currency (in an amount equal to the Offshore
Currency Equivalent of such Agreed Currency) on the day of such implementation, giving effect to such Benchmark Replacement in
respect of such Agreed Currency.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.15. </FONT><U>Increased
Costs.</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Change in Law shall:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>impose,
modify or deem applicable any reserve, special deposit, liquidity or similar requirement (including any compulsory loan requirement,
insurance charge or other assessment) against assets of, deposits with or for the account of, or credit extended by, any Lender
(except any such reserve requirement reflected in the Adjusted LIBO Rate) or Issuing Bank;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>impose
on any Lender or Issuing Bank or the London interbank market any other condition, cost or expense (other than Taxes) affecting
this Agreement or Loans made by such Lender or any Letter of Credit or participation therein; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>subject
any Recipient to any Taxes (other than (A)&nbsp;Indemnified Taxes and (B)&nbsp;Excluded Taxes) on its loans, loan principal, letters
of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and the result of any of the foregoing shall be to increase
the cost to such Lender or such other Recipient of making, continuing, converting or maintaining any Eurodollar Loan (or of maintaining
its obligation to make any such Loan) or to increase the cost to such Lender, such Issuing Bank or such other Recipient of participating
in, issuing or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by such Lender, such
Issuing Bank or such other Recipient hereunder (whether of principal, interest or otherwise), then the applicable Borrower will
pay to such Lender, such Issuing Bank or such other Recipient, as the case may be, such additional amount or amounts as will compensate
such Lender, such Issuing Bank or such other Recipient, as the case may be, for such additional costs incurred or reduction suffered.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
any Lender or Issuing Bank determines that any Change in Law regarding capital or liquidity requirements has or would have the
effect of reducing the rate of return on such Lender&rsquo;s or the Issuing Bank&rsquo;s capital or on the capital of such Lender&rsquo;s
or Issuing Bank&rsquo;s holding company, if any, as a consequence of this Agreement or the Loans made by, or participations in
Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such
Lender or Issuing Bank or such Lender&rsquo;s or Issuing Bank&rsquo;s holding company could have achieved but for such Change in
Law (taking into consideration such Lender&rsquo;s or Issuing Bank&rsquo;s policies and the policies of such Lender&rsquo;s or
Issuing Bank&rsquo;s holding company with respect to capital adequacy and liquidity), then from time to time the applicable Borrower
will pay to such Lender or Issuing Bank, as the case may be, such additional amount or amounts as will compensate such Lender or
Issuing Bank or such Lender&rsquo;s or Issuing Bank&rsquo;s holding company for any such reduction suffered.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>A
certificate of a Lender or Issuing Bank setting forth the amount or amounts necessary to compensate such Lender or Issuing Bank
or its holding company, as the case may be, as specified in paragraph&nbsp;(a)&nbsp;or (b)&nbsp;of this Section&nbsp;shall be delivered
to the Borrowers and shall be conclusive absent manifest error. The applicable Borrower shall pay such Lender or Issuing Bank,
as the case may be, the amount shown as due on any such certificate within 10 days after receipt thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Failure
or delay on the part of any Lender or Issuing Bank to demand compensation pursuant to this Section&nbsp;shall not constitute a
waiver of such Lender&rsquo;s or Issuing Bank&rsquo;s right to demand such compensation; <U>provided</U> that the Borrowers shall
not be required to compensate a Lender or Issuing Bank pursuant to this Section&nbsp;for any increased costs or reductions incurred
more than 180 days prior to the date that such Lender or Issuing Bank, as the case may be, notifies the Borrowers of the Change
in Law giving rise to such increased costs or reductions and of such Lender&rsquo;s or Issuing Bank&rsquo;s intention to claim
compensation therefor; <U>provided further</U> that, if the Change in Law giving rise to such increased costs or reductions is
retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
any Lender determines that any law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for
any Lender to perform its obligations hereunder or to issue, make, maintain, fund or charge interest with respect to any Loan or
Letter of Credit to any Borrower who is organized under the laws of a jurisdiction other than the United States, a State thereof
or the District of Columbia then, on notice thereof by such Lender to the Borrowers through the Administrative Agent, and until
such notice by such Lender is revoked, any obligation of such Lender to issue, make, maintain, fund or charge interest with respect
to any such Loan or Letter of Credit shall be suspended. Upon receipt of such notice, the Loan Parties shall take all reasonable
actions requested by such Lender to mitigate or avoid such illegality.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.16. </FONT><U>Break
Funding Payments</U>. In the event of (a)&nbsp;the payment of any principal of any Eurodollar Loan other than on the last day
of an Interest Period applicable thereto (including as a result of an Event of Default), (b)&nbsp;the conversion of any
Eurodollar Loan other than on the last day of the Interest Period applicable thereto, (c)&nbsp;the failure to borrow,
convert, continue or prepay any Eurodollar Loan on the date specified in any notice delivered pursuant hereto (regardless of
whether such notice may be revoked under <U>Section&nbsp;2.11(b)</U>&nbsp;and is revoked in accordance therewith), or
(d)&nbsp;the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a
result of a request by the Borrowers pursuant to <U>Section&nbsp;2.19</U>, then, in any such event, the Borrowers shall
compensate each applicable Lender for the loss, cost and expense attributable to such event. In the case of a Eurodollar
Loan, such loss, cost or expense to any Lender shall be deemed to include an amount determined by such Lender to be the
excess, if any, of (i)&nbsp;the amount of interest which would have accrued on the principal amount of such Loan had such
event not occurred, at the Adjusted LIBO Rate that would have been applicable to such Loan, for the period from the date of
such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or
continue, for the period that would have been the Interest Period for such Loan), over (ii)&nbsp;the amount of interest which
would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid, at the
commencement of such period, for U.S. Dollar or Euro deposits, as applicable, of a comparable amount and period from other
banks in the eurodollar market. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled
to receive pursuant to this Section&nbsp;shall be delivered to the Borrowers and shall be conclusive absent manifest error.
The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10)&nbsp;days after receipt
thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.17. </FONT><U>Withholding
of Taxes; Gross-Up</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Payments
Free of Taxes</U>. Any and all payments by or on account of any obligation of any 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 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 <U>Section&nbsp;2.17</U>) 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Payment
of Other Taxes by the Loan Parties</U>. The Loan Parties shall timely pay to the relevant Governmental Authority in accordance
with applicable law, or at the option of the Administrative Agent timely reimburse it for, Other Taxes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Evidence
of Payments</U>. As soon as practicable after any payment of Taxes by any Loan Party to a Governmental Authority pursuant to this
<U>Section&nbsp;2.17</U>, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt
issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of
such payment reasonably satisfactory to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Indemnification
by the Loan Parties</U>. The Loan Parties shall jointly and severally indemnify each Recipient, within 10 days after demand therefor,
for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable
under this Section) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient and
any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally
imposed or asserted by the relevant Governmental Authority. A certificate setting forth in reasonable detail a calculation of the
amount of such payment or liability delivered to Parent 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">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><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 any Loan Party has not already indemnified the Administrative
Agent for such Indemnified Taxes and without limiting the obligation of the Loan Parties to do so), (ii)&nbsp;any Taxes attributable
to such Lender&rsquo;s failure to comply with the provisions of <U>Section&nbsp;9.04(c)</U>&nbsp;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 paragraph (e).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Status
of Lenders</U>. (i)&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 Parent and the Administrative Agent, at the time or times reasonably requested by
the Borrowers or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrowers
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 Borrowers or the Administrative Agent, shall deliver such other documentation
prescribed by applicable law or reasonably requested by the Borrowers or the Administrative Agent as will enable the Borrowers
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 <U>Section&nbsp;2.17(f)(ii)(A)</U>, <U>Section&nbsp;2.17(f)(ii)(B)</U>&nbsp;and <U>Section&nbsp;2.17(f)(ii)(D)</U>&nbsp;below)
shall not be required if in the Lender&rsquo;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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Without
limiting the generality of the foregoing, in the event that a Borrower is a U.S. Person,</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Lender with respect to such Borrower that is a U.S. Person shall deliver to such 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 such Borrower or the Administrative Agent), executed copies of IRS Form&nbsp;W-9 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">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Foreign Lender with respect to such Borrower shall, to the extent it is legally entitled to do so, deliver to such 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 such Borrower
or the Administrative Agent), whichever of the following is applicable:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0.5in">&nbsp;<FONT STYLE="color: #010000">&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the case of a Foreign Lender with respect to such Borrower 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, executed copies of IRS Form&nbsp;W-8BEN-E or
IRS Form&nbsp;W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &ldquo;interest&rdquo;
article of such tax treaty and (y)&nbsp;with respect to any other applicable payments under any Loan Document,&nbsp;IRS Form&nbsp;W-8BEN-E
or IRS Form&nbsp;W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &ldquo;business
profits&rdquo; or &ldquo;other income&rdquo; article of such tax treaty;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0.5in">&nbsp;&nbsp;<FONT STYLE="color: #010000">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the case of a Foreign Lender with respect to such Borrower claiming that its extension of credit will generate U.S. effectively
connected income, an executed copy of IRS Form&nbsp;W-8ECI;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0.5in"><FONT STYLE="color: #010000">&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>in
the case of a Foreign Lender with respect to such Borrower claiming the benefits of the exemption for portfolio interest under
Section&nbsp;881(c)&nbsp;of the Code, (x)&nbsp;a certificate substantially in the form of Exhibit&nbsp;E-1 to the effect that such
Foreign Lender is not a &ldquo;bank&rdquo; within the meaning of Section&nbsp;881(c)(3)(A)&nbsp;of the Code, a &ldquo;10 percent
shareholder&rdquo; of any Borrower within the meaning of Section&nbsp;881(c)(3)(B)&nbsp;of the Code, or a &ldquo;controlled foreign
corporation&rdquo; described in Section&nbsp;881(c)(3)(C)&nbsp;of the Code (a &ldquo;<B><I>U.S. Tax Compliance Certificate</I></B>&rdquo;)
and (y)&nbsp;an executed copy of IRS Form&nbsp;W-8BEN-E or IRS Form&nbsp;W-8BEN; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0.5in">&nbsp;&nbsp;<FONT STYLE="color: #010000">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
the extent a Foreign Lender with respect to such Borrower is not the beneficial owner, executed copies of IRS Form&nbsp;W-8IMY,
accompanied by IRS Form&nbsp;W-8ECI,&nbsp;IRS Form&nbsp;W-8BEN-E,&nbsp;IRS Form&nbsp;W-8BEN, a U.S. Tax Compliance Certificate
substantially in the form of Exhibit&nbsp;E-2 or Exhibit&nbsp;E-3,&nbsp;IRS Form&nbsp;W-9, and/or other certification documents
from each beneficial owner, as applicable; <U>provided</U> 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;E-4 on behalf of each such direct and indirect partner;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Foreign Lender with respect to such Borrower shall, to the extent it is legally entitled to do so, deliver to such 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 Borrowers
or the Administrative Agent), executed copies of any other form prescribed by applicable law as a basis for claiming exemption
from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed
by applicable law to permit such 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">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>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&nbsp;1471(b)&nbsp;or
1472(b)&nbsp;of the Code, as applicable), such Lender shall deliver to the Borrowers and the Administrative Agent at the time or
times prescribed by law and at such time or times reasonably requested by the Borrowers or the Administrative Agent such documentation
prescribed by applicable law (including as prescribed by Section&nbsp;1471(b)(3)(C)(i)&nbsp;of the Code) and such additional documentation
reasonably requested by the Borrowers or the Administrative Agent as may be necessary for the Borrowers and the Administrative
Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender&rsquo;s obligations
under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), &ldquo;FATCA&rdquo;
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">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><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 <U>Section&nbsp;2.17</U> (including by the payment of additional
amounts pursuant to this <U>Section&nbsp;2.17</U>), it shall pay to the indemnifying party an amount equal to such refund (but
only to the extent of indemnity payments made under this <U>Section&nbsp;2.17</U> with respect to the Taxes giving rise to such
refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any interest
paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified
party, shall repay to such indemnified party the amount paid over pursuant to this paragraph (g)&nbsp;(plus any penalties, interest
or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay
such refund to such Governmental Authority. Notwithstanding anything to the contrary in this paragraph (g), in no event will the
indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (g)&nbsp;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 paragraph shall not be construed to require any
indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential)
to the indemnifying party or any other Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Contesting
Certain Taxes</U>. If the Borrowers determine in good faith that a reasonable basis exists for contesting any Taxes for which the
Borrowers could be liable under this <U>Section&nbsp;2.17</U>, the relevant Lender shall cooperate with the Borrowers in a reasonable
challenge of such Taxes if so requested by the Borrowers, provided that (a)&nbsp;such Lender determines in its reasonable discretion
that it would not be prejudiced by cooperating in such challenge, (b)&nbsp;the Borrowers pay all related expenses of such Lender
and (c)&nbsp;the Borrowers indemnify such Lender for any liabilities or other costs incurred by such Lender in connection with
such challenge. Lender shall reasonably consult with Borrowers in good faith regarding the manner of contesting any such challenge
and shall not settle or compromise any challenge without the Borrowers&rsquo; prior written consent (which shall not be unreasonably
withheld, conditioned or delayed and shall not be required while an Event of Default has occurred and is continuing). The preceding
sentence shall not be construed to require any Lender to make available its tax returns (or any other information that it deems
confidential) to the Borrowers or any other Person.</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Survival</U>.
Each party&rsquo;s obligations under this <U>Section&nbsp;2.17</U> 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Defined
Terms</U>. For purposes of this <U>Section&nbsp;2.17</U>, the term &ldquo;<B><I>Lender</I></B>&rdquo; includes any Issuing Bank
and the term &ldquo;<B><I>applicable law</I></B>&rdquo; includes FATCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.18. </FONT><U>Payments
Generally; Pro Rata Treatment; Sharing of Setoffs</U>. (a)&nbsp; The Borrowers shall make each payment required to be made by
them hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under <U>Section&nbsp;2.15</U>, <U>Section&nbsp;2.16</U>
or <U>Section&nbsp;2.17</U>, or otherwise) prior to 12:00 noon, New&nbsp;York City time or London time, as applicable, on the
date when due, in immediately available funds, without setoff, recoupment or counterclaim. Any amounts received after such
time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding
Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent at its
offices at 270 Park Avenue, New York, New York, except payments to be made directly to Issuing Banks or the Swingline Lender
as expressly provided herein and except that payments pursuant to <U>Section&nbsp;2.15</U>, <U>Section&nbsp;2.16</U> or <U>Section&nbsp;2.17 </U>and <U>Section&nbsp;9.03</U>
shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received
by it for the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment
hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding
Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such
extension. All payments hereunder shall be made in U.S. Dollars or Euros, as provided herein.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>At
any time that payments are not required to be applied in the manner required by Section&nbsp;7.02, if at any time insufficient
funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements,
interest and fees then due hereunder, such funds shall be applied (i)&nbsp;<U>first</U>, towards payment of interest and fees then
due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such
parties, and (ii)&nbsp;<U>second</U>, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably
among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such
parties.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>At
the election of the Administrative Agent, all payments of principal, interest, LC Disbursements, fees, premiums, reimbursable expenses
(including, without limitation, all reimbursement for fees and expenses pursuant to <U>Section&nbsp;9.03</U>), and other sums payable
under the Loan Documents, may be paid from the proceeds of Borrowings made hereunder whether made following a request by the Borrowers
pursuant to <U>Section&nbsp;2.03</U> or a deemed request as provided in this Section&nbsp;or may be deducted from any deposit account
of the Borrowers or any other Loan Party maintained with the Administrative Agent. The Borrowers hereby irrevocably authorize (i)&nbsp;the
Administrative Agent to make a Borrowing for the purpose of paying each payment of principal, interest and fees as it becomes due
hereunder or any other amount due under the Loan Documents and agrees that all such amounts charged shall constitute Loans (including
Swingline Loans) and that all such Borrowings shall be deemed to have been requested pursuant to <U>Sections 2.03</U> or <U>2.05</U>,
as applicable, and (ii)&nbsp;the Administrative Agent to charge any deposit account of the Borrowers or any other Loan Party maintained
with the Administrative Agent for each payment of principal, interest and fees as it becomes due hereunder or any other amount
due under the Loan Documents<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of
or interest on any of its Loans or participations in LC Disbursements or its Swingline Loans resulting in such Lender receiving
payment of a greater proportion of the aggregate amount of its Loans and participations in LC Disbursements and Swingline Loans
and accrued interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion
shall purchase (for cash at face value) participations in the Loans and participations in LC Disbursements and Swingline Loans
of other Lenders to the extent necessary so that the benefit of all such payments shall be shared by the Lenders ratably in accordance
with the aggregate amount of principal of and accrued interest on their respective Loans and participations in LC Disbursements
and Swingline Loans; <U>provided</U> that (i)&nbsp;if any such participations are purchased and all or any portion of the payment
giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such
recovery, without interest, and (ii)&nbsp;the provisions of this paragraph&nbsp;shall not be construed to apply to any payment
made by the Borrowers pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender
as consideration for the assignment of or sale of a participation in any of its Loans or participations in LC Disbursements to
any assignee or participant, other than to any Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this
paragraph&nbsp;shall apply). The Borrowers consent to the foregoing and agree, to the extent it may effectively do so under applicable
law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrowers rights
of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrowers
in the amount of such participation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Unless
the Administrative Agent shall have received notice from the Borrowers prior to the date on which any payment is due to the Administrative
Agent for the account of the Lenders or the Issuing Banks hereunder that the Borrowers will not make such payment, the Administrative
Agent may assume that the Borrowers have made such payment on such date in accordance herewith and may, in reliance upon such assumption,
distribute to the Lenders or the Issuing Banks, as the case may be, the amount due. In such event, if the Borrowers have not in
fact made such payment, then each of the Lenders or the Issuing Banks, as the case may be, severally agrees to repay to the Administrative
Agent forthwith on demand the amount so distributed to such Lender or Issuing Bank with interest thereon, for each day from and
including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater
of the NYFRB Rate and a rate determined by the Administrative Agent in accordance with banking industry rules&nbsp;on interbank
compensation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
any Lender shall fail to make any payment required to be made by it pursuant to <U>Section&nbsp;2.05(c)</U>, <U>Section&nbsp;2.06(d)</U>&nbsp;or
<U>Section&nbsp;2.06(e)</U>, <U>Section&nbsp;2.07(b)</U>, <U>Section&nbsp;2.18(e)</U>&nbsp;or <U>Section&nbsp;9.03(c)</U>, then
the Administrative Agent may, in its discretion and notwithstanding any contrary provision hereof, (i)&nbsp;apply any amounts thereafter
received by the Administrative Agent for the account of such Lender to satisfy such Lender&rsquo;s obligations under such Sections
until all such unsatisfied obligations are fully paid, and/or (ii)&nbsp;hold such amounts in a segregated account over which the
Administrative Agent shall have exclusive control as cash collateral for, and application to, any future funding obligations of
such Lender under any such Section, in the case of each of clauses (i)&nbsp;and (ii)&nbsp;above, in any order as determined by
the Administrative Agent in its discretion.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
payments of principal of, and interest accrued on, any Loan hereunder shall be made in the currency in which such Loan is denominated.
All payments of fees due pursuant to <U>Section&nbsp;2.12(a)</U>&nbsp;and <U>(b)</U>&nbsp;shall be payable in U.S. Dollars. All
payments of fees to the Administrative Agent for its own account as set forth in the Fee <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
Syndication</U></FONT> Letter shall be paid in U.S. Dollars. All payments made to reimburse the Administrative Agent, any Swingline
Lender, the Issuing Bank or any Lender for any costs, expenses, or other amounts pursuant to <U>Section&nbsp;9.03</U> or any other
Loan Document shall be made in the currency in which such obligation to be reimbursed is invoiced or incurred.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Immediately
and automatically upon the occurrence of any Default with respect to any Borrower described in Section&nbsp;7.01(h)&nbsp;or Section&nbsp;7.01(i)&nbsp;or
an acceleration of the maturity of the Loans pursuant to Article&nbsp;VII, all EUR Revolving Loans shall be converted to and redenominated
in U.S. Dollars equal to the Equivalent Amount of each such EUR Revolving Loan determined as of the date of such conversion and
each Revolving Lender shall be deemed to have automatically, irrevocably and unconditionally purchased and received (to the extent
of its unused Revolving Commitment) from each other Revolving Lender an undivided interest and participation in and to each Revolving
Loan in such amounts as are necessary such that, after giving effect thereto, each Revolving Lender shall hold its ratable share
of each Revolving Loan (based on the total Revolving Credit Exposure of each Revolving Lender to the total Revolving Credit Exposure
of all Revolving Lenders at such time); provided that, to the extent such conversion shall occur other than at the end of an Interest
Period, the applicable Borrower shall pay to the Administrative Agent for the ratable benefit of each applicable Revolving Lender
all losses and breakage costs related thereto in accordance with this Agreement and, upon the written request of the Administrative
Agent, each of the Revolving Lenders shall pay to the Administrative Agent for the ratable benefit of each applicable Revolving
Lender (based on the total Revolving Credit Exposure of each Revolving Lender to the total Revolving Credit Exposure of all Revolving
Lenders at such time) not later than two Business Days following a request for payment from such Lender, in U.S. Dollars, an amount
equal to the undivided interest in and participation in the applicable Revolving Loan purchased by such Lender pursuant to this
<U>Section&nbsp;2.18</U>. In the event that any Revolving Lender fails to make payment to the Administrative Agent of any amount
due under this <U>Section&nbsp;2.18</U>, the Administrative Agent shall be entitled to receive, retain and apply against such obligation
the principal and interest otherwise payable to such Revolving Lender hereunder until the Administrative Agent receives from such
Revolving Lender an amount sufficient to discharge such Revolving Lender&rsquo;s payment obligation as prescribed in this <U>Section&nbsp;2.18</U>
together with interest thereon at the Federal Funds Effective Rate for each day during the period commencing on the date of demand
by the applicable Lender and ending on the date such obligation is fully satisfied. The Administrative Agent will promptly remit
all payments received as provided above to each relevant Revolving Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.19. </FONT><U>Mitigation
Obligations; Replacement of Lenders</U>. (a)&nbsp; If any Lender requests compensation under Section&nbsp;2.15, or if the
Borrowers are required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the
account of any Lender pursuant to Section&nbsp;2.17, then such Lender shall (at the request of the Borrower) use reasonable
efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and
obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation
or assignment (i)&nbsp;would eliminate or reduce amounts payable pursuant to Section&nbsp;2.15 or Section&nbsp;2.17, as the
case may be, in the future and (ii)&nbsp;would not subject such Lender to any unreimbursed cost or expense and would not
otherwise be disadvantageous to such Lender. The Borrowers hereby agree to pay all reasonable costs and expenses incurred by
any Lender in connection with any such designation or assignment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
any Lender requests compensation under <U>Section&nbsp;2.15</U>, or if the Borrowers are required to pay any Indemnified Taxes
or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to <U>Section&nbsp;2.17</U>,
or if any Lender becomes Defaulting Lender, then the Borrowers may, at their sole expense and effort, upon notice to such Lender
and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the
restrictions contained in <U>Section&nbsp;9.04</U>), all its interests, rights (other than its existing rights to payments pursuant
to <U>Section&nbsp;2.15</U> or <U>Section&nbsp;2.17</U>) and obligations under this Agreement and the other Loan Documents to an
assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); <U>provided</U>
that (i)&nbsp;the Borrowers shall have received the prior written consent of the Administrative Agent (and if a Revolving Commitment
is being assigned, the Issuing Bank and Swingline Lenders), which consent shall not unreasonably be withheld, (ii)&nbsp;such Lender
shall have received payment of an amount equal to the outstanding principal of its Loans and participations in LC Disbursements
and Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, from the assignee (to
the extent of such outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts) and
(iii)&nbsp;in the case of any such assignment resulting from a claim for compensation under <U>Section&nbsp;2.15</U> or payments
required to be made pursuant to <U>Section&nbsp;2.17</U>, such assignment will result in a reduction in such compensation or payments.
A Lender shall not be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender
or otherwise, the circumstances entitling the Borrowers to require such assignment and delegation cease to apply. Each party hereto
agrees that <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;an assignment required pursuant to this
paragraph may be effected pursuant to an Assignment and Assumption executed by the Borrowers, the Administrative Agent and the
assignee (or, to the extent applicable, an agreement incorporating an Assignment and Assumption by reference pursuant to an Approved
Electronic Platform as to which the Administrative Agent and such parties are participants), and (b)&nbsp;the Lender required to
make such assignment need not be a party thereto in order for such assignment to be effective and shall be deemed to have consented
to an be bound by the terms thereof; provided that, following the effectiveness of any such assignment, the other parties to such
assignment agree to execute and deliver such documents necessary to evidence such assignment as reasonably requested by the applicable
Lender, provided that any such documents shall be without recourse to or warranty by the parties thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.20. </FONT><U>Defaulting
Lenders</U>. Notwithstanding any provision of this Agreement to the contrary, if any Lender becomes a Defaulting Lender, then
the following provisions shall apply for so long as such Lender is a Defaulting Lender:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>fees
shall cease to accrue on the unfunded portion of the Revolving Commitment of such Defaulting Lender pursuant to <U>Section&nbsp;2.12(a)</U>;</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>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 Section&nbsp;7.02 or otherwise) or received by the Administrative Agent
from a Defaulting Lender pursuant to Section&nbsp;9.08 shall be applied at such time or times as may be determined by the Administrative
Agent as follows: <I>first</I>, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder;
<I>second</I>, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to any Issuing Bank or Swingline
Lender hereunder; <I>third</I>, to cash collateralize the Issuing Banks&rsquo; LC Exposure with respect to such Defaulting Lender
in accordance with this Section; <I>fourth</I>, as the Borrowers 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; <I>fifth</I>, if so determined by the Administrative Agent and the Borrowers,
to be held in a deposit account and released pro rata in order to (x)&nbsp;satisfy such Defaulting Lender&rsquo;s potential future
funding obligations with respect to Loans under this Agreement and (y)&nbsp;cash collateralize the Issuing Banks&rsquo; future
LC Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance
with this Section; <I>sixth</I>, to the payment of any amounts owing to the Lenders, the Issuing Banks or Swingline Lenders as
a result of any judgment of a court of competent jurisdiction obtained by any Lender, the Issuing Banks or Swingline Lenders against
such Defaulting Lender as a result of such Defaulting Lender&rsquo;s breach of its obligations under this Agreement or under any
other Loan Document; <I>seventh</I>, so long as no Default or Event of Default exists, to the payment of any amounts owing to the
Borrowers as a result of any judgment of a court of competent jurisdiction obtained by the Borrowers against such Defaulting Lender
as a result of such Defaulting Lender&rsquo;s breach of its obligations under this Agreement or under any other Loan Document;
and <I>eighth</I>, 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 or LC Disbursements 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 <U>Section&nbsp;</U><FONT STYLE="color: red"><STRIKE>4.02</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>4.04</U></FONT>
were satisfied or waived, such payment shall be applied solely to pay the Loans of, and LC Disbursements owed to, all non-Defaulting
Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or LC Disbursements owed to, such Defaulting
Lender until such time as all Loans and funded and unfunded participations in the Borrowers&rsquo; obligations corresponding to
such Defaulting Lender&rsquo;s LC Exposure and Swingline Loans are held by the Lenders pro rata in accordance with the Commitments
without giving effect to clause&nbsp;(d)&nbsp;below. 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 Section&nbsp;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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Revolving Commitment <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
Revolving Credit Exposure<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, Term A Commitment, Term A Loan, Term B Commitment
and Term B Loan, as applicable,</U></FONT> of such Defaulting Lender shall not be included in determining whether the Required
Lenders<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, Required RC Lenders, Required TLA/RC Lenders</U></FONT> have
taken or may take any action hereunder (including any consent to any amendment, waiver or other modification pursuant to <U>Section&nbsp;9.02</U>);
provided that this clause (c)&nbsp;shall not apply to the vote of a Defaulting Lender in the case of an amendment, waiver or other
modification requiring the consent of such Lender or each Lender affected thereby;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
any Swingline Exposure or LC Exposure exists at the time such Lender becomes a Defaulting Lender then:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>all
or any part of the Swingline Exposure and LC Exposure of such Defaulting Lender (other than the portion of such Swingline Exposure
referred to in clause (b)&nbsp;of the definition of such term) shall be reallocated among the non-Defaulting Lenders in accordance
with their respective Applicable Percentages but only to the extent that such reallocation does not, as to any non-Defaulting Lender,
cause such non-Defaulting Lender&rsquo;s Revolving Credit Exposure to exceed its Revolving Commitment;</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
the reallocation described in clause (i)&nbsp;above cannot, or can only partially, be effected, the Borrowers shall within one
(1)&nbsp;Business Day following notice by the Administrative Agent (x)&nbsp;first, prepay such Swingline Exposure and (y)&nbsp;second,
cash collateralize for the benefit of the Issuing Banks only the Borrowers&rsquo; obligations corresponding to such Defaulting
Lender&rsquo;s LC Exposure (after giving effect to any partial reallocation pursuant to clause (i)&nbsp;above) in accordance with
the procedures set forth in <U>Section&nbsp;2.06(j)</U>&nbsp;for so long as such LC Exposure is outstanding;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
the Borrowers cash collateralizes any portion of such Defaulting Lender&rsquo;s LC Exposure pursuant to clause (ii)&nbsp;above,
the Borrowers shall not be required to pay any fees to such Defaulting Lender pursuant to <U>Section&nbsp;2.12(b)</U>&nbsp;with
respect to such Defaulting Lender&rsquo;s LC Exposure during the period such Defaulting Lender&rsquo;s LC Exposure is cash collateralized;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
the LC Exposure of the non-Defaulting Lenders is reallocated pursuant to clause (i)&nbsp;above, then the fees payable to the Lenders
pursuant to <U>Section&nbsp;2.12(a)</U>&nbsp;and <U>Section&nbsp;2.12(b)</U>&nbsp;shall be adjusted in accordance with such non-Defaulting
Lenders&rsquo; Applicable Percentages; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
all or any portion of such Defaulting Lender&rsquo;s LC Exposure is neither reallocated nor cash collateralized pursuant to clause
(i)&nbsp;or (ii)&nbsp;above, then, without prejudice to any rights or remedies of any Issuing Bank or any other Lender hereunder,
all letter of credit fees payable under <U>Section&nbsp;2.12(b)</U>&nbsp;with respect to such Defaulting Lender&rsquo;s LC Exposure
shall be payable to the Issuing Bank until and to the extent that such LC Exposure is reallocated and/or cash collateralized; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>so
long as such Lender is a Defaulting Lender, no Issuing Bank shall be required to issue, amend or increase any Letter of Credit,
unless it is satisfied that the related exposure and the Defaulting Lender&rsquo;s then outstanding LC Exposure will be 100% covered
by the Revolving Commitments of the non-Defaulting Lenders and/or cash collateral will be provided by the Borrowers in accordance
with <U>Section&nbsp;2.20(</U><FONT STYLE="color: red"><U><STRIKE>c</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT><U>)</U>,
and Swingline Exposure related to any newly made Swingline Loan or LC Exposure related to any newly issued or increased Letter
of Credit shall be allocated among non-Defaulting Lenders in a manner consistent with <U>Section&nbsp;2.20(</U><FONT STYLE="color: red"><U><STRIKE>c</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT><U>)(i)</U>&nbsp;(and
such Defaulting Lender shall not participate therein).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If (i)&nbsp;a Bankruptcy Event or a Bail-In
Action with respect to a Lender, Parent shall occur following the date hereof and for so long as such event shall continue or (ii)&nbsp;any
Swingline Lender or Issuing Bank has a good faith belief that any Lender has defaulted in fulfilling its obligations under one
or more other agreements in which such Lender commits to extend credit, no Swingline Lender shall be required to fund any Swingline
Loan and no Issuing Bank shall be required to issue, amend or increase any Letter of Credit, unless the Swingline Lenders or the
Issuing Banks, as the case may be, shall have entered into arrangements with the Borrowers or such Lender, satisfactory to such
Swingline Lender or Issuing Bank, as the case may be, to defease any risk to it in respect of such Lender hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the event that each of the Administrative
Agent, the Borrowers, each Swingline Lender and each Issuing Bank agrees that a Defaulting Lender has adequately remedied all matters
that caused such Lender to be a Defaulting Lender, then the Swingline Exposure and LC Exposure of the Lenders shall be readjusted
to reflect the inclusion of such Lender&rsquo;s Commitment and on such date such Lender shall purchase at par such of the Loans
of the other Lenders (other than Swingline Loans) as the Administrative Agent shall determine may be necessary in order for such
Lender to hold such Loans in accordance with its Applicable Percentage; <U>provided</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&rsquo;s having been a Defaulting Lender.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;2.21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Extension
of Maturity Date</U>. (a)&nbsp; The Borrowers may, by delivering an Extension Request to the Administrative Agent (who shall promptly
deliver a copy to each of the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>applicable</U></FONT> Lenders), not less
than thirty (30) days in advance of <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;the <FONT STYLE="color: red"><STRIKE>applicable</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT>
Maturity Date in effect at such time (the &ldquo;<B><I>Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT>
Maturity Date</I></B>&rdquo;), request that the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT>
Lenders extend the Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT> Maturity Date to the
first anniversary of such Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT> Maturity Date
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or (b)&nbsp;the Term A Maturity Date in effect at such time (the &ldquo;<B><I>Existing
Term A Maturity Date</I></B>&rdquo;, together with the Existing Revolving Maturity Date, each, an &ldquo;<B><I>Existing TLA/RC
Maturity Date</I></B>), request that the Term A Lenders extend the Existing Term A Maturity Date to the first anniversary of such
Existing Term A Maturity Date, in each case, on a pro rata basis (based on the aggregate outstanding principal amount of the respective
Terms A Loans or Revolving Credit Commitments with a like maturity date) and on the same terms to each such Lender</U></FONT>.
Each Lender, acting in its sole discretion, shall, by written notice to the Administrative Agent given not later than the date
that is the twentieth (20<SUP>th</SUP>) day after the date of the Extension Request, or if such date is not a Business Day, the
immediately following Business Day (the &ldquo;<B><I>Response Date</I></B>&rdquo;), advise the Administrative Agent in writing
whether or not such Lender agrees to the requested extension. Each Lender that advises the Administrative Agent that it will not
extend <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>an</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date is referred to herein as a
 &ldquo;<B><I>Non-extending Lender</I></B>&rdquo;; <U>provided</U>, that any Lender that does not advise the Administrative Agent
of its consent to such requested extension by the Response Date and any Lender that is a Defaulting Lender on the Response Date
shall be deemed to be a Non-extending Lender. The Administrative Agent shall notify the Borrowers, in writing, of the Lenders&rsquo;
elections promptly following the Response Date. The election of any Lender to agree to such an extension shall not obligate any
other Lender to so agree. <FONT STYLE="color: red"><STRIKE>The Borrowers may not exercise their extension rights under</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>An
Existing TLA/RC Maturity Date may be extended no more than two times pursuant to</U></FONT> this <U>Section&nbsp;2.21</U> <FONT STYLE="color: red"><STRIKE>more
than twice</STRIKE></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;If,
by the Response Date, Revolving Lenders or Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Lenders,
as applicable, holding Commitments <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and/or Loans</U></FONT> in the applicable
Class&nbsp;<FONT STYLE="color: red"><STRIKE>of Loans </STRIKE></FONT>that aggregate 50% or more of the total Commitments <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and/or
Loans</U></FONT> in such Class&nbsp;shall constitute Non-extending Lenders, then the Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT>
Maturity Date <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>with respect to the Revolving Credit Facility or the Term
A Facility, as applicable,</U></FONT> shall not be extended and the outstanding principal balance of all Loans in such Class&nbsp;and
other amounts payable hereunder shall be payable, and the Commitments shall terminate, on the Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT>
Maturity Date in effect prior to such extension.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in">&nbsp;<FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
(and only if), by the Response Date, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)</U></FONT>&nbsp;Revolving Lenders
<FONT STYLE="color: red"><STRIKE>or Term Lenders, as applicable, </STRIKE></FONT>holding <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT>
Commitments <FONT STYLE="color: red"><STRIKE>in the applicable Class&nbsp;of Loans </STRIKE></FONT>that aggregate <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>to</U></FONT>
more than 50% of the total <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Revolving</U></FONT> Commitments <FONT STYLE="color: red"><STRIKE>in
such Class&nbsp;shall have</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (y)&nbsp;Term A Lenders
holding Term A Loans that aggregate to more than 50% of the total Term A Loans have, in each case,</U></FONT> agreed to extend
<FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>an</U></FONT> Existing
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date (each such consenting Lender, an &ldquo;<B><I>Extending
Lender</I></B>&rdquo;), then effective as of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date, the Maturity Date for such
Extending Lenders shall be extended to the first anniversary of the Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT>
Maturity Date (subject to satisfaction of the conditions set forth in Section&nbsp;2.21(d)). In the event of such extension, the
Commitment of each Non-extending Lender shall terminate on the Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT>
Maturity Date in effect for such Non-extending Lender prior to such extension and the outstanding principal balance of all Loans
in such Class&nbsp;and other amounts payable hereunder to such Non-extending Lender shall become due and payable on such Existing
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date and, subject to Section&nbsp;2.21(c)&nbsp;below,
the total Commitments in such Class&nbsp;hereunder shall be reduced by the Commitments of the Non-extending Lenders so terminated
on such Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
the event of any extension of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>an</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date pursuant to Section&nbsp;2.21(b)(ii),
the Borrowers shall have the right on or before <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/ RC</U></FONT> Maturity Date, at their own expense, to
require any Non-extending Lender to transfer and assign without recourse (in accordance with and subject to the restrictions contained
in Section&nbsp;9.04) all its interests, rights (other than its rights to payments pursuant to Section&nbsp;2.15, Section&nbsp;2.16,
Section&nbsp;2.17 or Section&nbsp;9.03 arising prior to the effectiveness of such assignment) and obligations under this Agreement
to one or more banks or other financial institutions identified to the Non-extending Lender by the Borrowers, which may include
any existing Revolving Lender or Term <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT> Lender, as applicable
(each a &ldquo;<B><I>Replacement Lender</I></B>&rdquo;), provided that (i)&nbsp;such Replacement Lender, if not already a Lender
hereunder, shall be subject to the approval of the Administrative Agent and each Issuing Bank (such approvals to not be unreasonably
withheld) to the extent the consent of the Administrative Agent or the Issuing Banks would be required to effect an assignment
under Section&nbsp;9.04(b), (ii)&nbsp;such assignment shall become effective as of a date specified by the Borrowers (which shall
not be later than the Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date in effect
for such Non-extending Lender prior to the effective date of the requested extension) and (iii)&nbsp;the Replacement Lender shall
pay to such Non-extending Lender in immediately available funds on the effective date of such assignment the principal of and interest
accrued to the date of payment on the outstanding principal amount Loans made by it hereunder and all other amounts accrued and
unpaid for its account or otherwise owed to it hereunder on such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>As
a condition precedent to each such extension of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>an</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date pursuant to Section&nbsp;2.21(b)(ii),
the Borrowers shall (i)&nbsp;deliver to the Administrative Agent a certificate of the Borrowers dated as of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date signed by a Responsible Officer
of the Borrowers certifying that, as of such date, both before and immediately after giving effect to such extension, (A)&nbsp;the
representations and warranties of the Borrowers set forth in this Agreement shall be true and correct in all material respects
(or, if qualified by materiality, in all respects) on and as of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date, except to the extent that
such representations and warranties specifically refer to an earlier date, in which case they are true and correct in all material
respects (or, if qualified by materiality, in all respects) as of such earlier date and (B)&nbsp;no Default shall have occurred
and be continuing and (ii)&nbsp;first make such prepayments of the outstanding Loans and second provide such cash collateral (or
make such other arrangements satisfactory to the applicable Issuing Bank) with respect to the outstanding Letters of Credit as
shall be required such that, after giving effect to the termination of the Commitments of the Non-extending Lenders pursuant to
Section&nbsp;2.21(b)&nbsp;and any assignment pursuant to Section&nbsp;2.21(c), the aggregate Revolving Credit Exposure less the
face amount of any Letter of Credit supported by any such cash collateral (or other satisfactory arrangements) so provided does
not exceed the aggregate amount of Commitments being extended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Except
as to interest rates, fees, amortization, final maturity date, premium, required prepayment dates and participation in prepayments
(which shall, subject to the immediately succeeding clauses (e)&nbsp;and (f), be determined by the Borrowers and set forth in the
relevant Extension Request), the Term A Loans of any Lender that agrees to an extension with respect to such Term A Loans extended
pursuant to any Extension (any such extended Term A Loans, &ldquo;<B><I>Extended Term A Loans</I></B>&rdquo;) shall have the same
terms as the tranche of Term A Loans subject to such Extension Request until the maturity of such Term A Loans.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(f)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)&nbsp;The
weighted average life to maturity of any Extended Term A Loans shall be no shorter than the remaining Average Life of the Term
A Loans extended thereby.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(g)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Any
Extended Term A Loans may participate on a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis)
in any voluntary or mandatory repayments or prepayments in respect of the Term A Facility, in each case as specified in the respective
Extension Request, notwithstanding anything herein to the contrary.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(h)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Borrowers may, by written notice to the Administrative Agent, make one or more offers (each, a &ldquo;<B><I>TLB Modification Offer</I></B>&rdquo;)
to all (and not fewer than all) the Term B Lenders to make one or more Permitted TLB Modifications pursuant to procedures reasonably
specified by the Administrative Agent and reasonably acceptable to Parent. Such notice shall set forth (i)&nbsp;the terms and conditions
of the requested TLB Modification Offer and (ii)&nbsp;the date on which such TLB Modification Offer is requested to become effective.
Permitted TLB Modifications shall become effective only with respect to the Term B Loans and Term B Commitments of the Term B Lenders
that accept the applicable TLB Modification Offer (such Term B Lenders, the &ldquo;<B><I>Accepting Term B Lenders</I></B>&rdquo;).
With respect to all Permitted TLB Modifications consummated by the Borrowers pursuant to this Section&nbsp;2.21(h)&nbsp;and Section&nbsp;2.21(i),
any TLB Modification Offer, unless contemplating a maturity date already in effect hereunder pursuant to a previously consummated
Permitted TLB Modification, must be in a minimum amount of $25,000,000 (or such lesser amount as may be approved by the Administrative
Agent in its reasonable discretion); provided, that Parent may at its election specify as a condition (a &ldquo;<B><I>Minimum TLB
Extension Condition</I></B>&rdquo;) to consummating any such Permitted TLB Modification that a minimum amount (to be determined
and specified in the relevant TLB Modification Offer in the Parent&rsquo;s sole discretion and which may be waived by Parent) of
Term B Commitments or Term B Loans be extended. If the aggregate principal amount of Term B Commitments or Term B Loans in respect
of which Term B Lenders shall have accepted the relevant TLB Modification Offer shall exceed the maximum aggregate principal amount
of Term B Commitments or Term B Loans offered to be extended by the Borrowers pursuant to such TLB Modification Offer, then the
Term B Commitments and Term B Loans of such Term B Lenders shall be extended ratably up to such maximum amount based on the relative
principal amounts (but not to exceed actual holdings of record) with respect to which such Term B Lenders have accepted such TLB
Modification Offer.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Permitted
TLB Modifications shall be effected pursuant to an agreement (a &ldquo;<B><I>TLB Modification Agreement</I></B>&rdquo;) executed
and delivered by the applicable Borrowers, each Accepting Term B Lender and the Administrative Agent; provided, that no Permitted
TLB Modifications shall become effective unless (i)&nbsp;Parent shall have certified that (A)&nbsp;no Default or Event of Default
shall have occurred and be continuing on the date of effectiveness thereof and (B)&nbsp;on the date of effectiveness thereof, the
representations and warranties of each Loan Party set forth in the Loan Documents shall be true and correct (x)&nbsp;in the case
of the representations and warranties qualified as to materiality, in all respects and (y)&nbsp;otherwise, in all material respects,
in each case on and as of such date, except in the case of any such representation and warranty that specifically relates to an
earlier date, in which case such representation and warranty shall be so true and correct on and as of such earlier date, (ii)&nbsp;the
Borrowers shall have delivered, or agreed to deliver by a date following the effectiveness of such Permitted TLB Modification reasonably
acceptable to the Administrative Agent, to the Administrative Agent such legal opinions, board resolutions, secretary&rsquo;s certificates,
officer&rsquo;s certificates and other documents (including reaffirmation agreements, supplements and/or modifications to Collateral
Documents, in each case to the extent applicable) as shall reasonably be requested by the Administrative Agent in connection therewith
and (iii)&nbsp;any applicable Minimum TLB Extension Condition shall be satisfied (unless waived by Parent). The Administrative
Agent shall promptly notify each Term B Lender as to the effectiveness of each TLB Modification Agreement. Each TLB Modification
Agreement may, without the consent of any Lender other than the applicable Accepting Term B Lenders, effect such modifications
to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative
Agent, to give effect to the provisions of Section&nbsp;2.21(h)&nbsp;and this Section&nbsp;2.21(i), including any modifications
necessary to treat the applicable Term B Loans or Term B Commitments of the Accepting Term B Lenders as a new Class&nbsp;of loans
and/or commitments hereunder (and the Lenders hereby irrevocably authorize the Administrative Agent to enter into any such modifications).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>e</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>j</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>For
the avoidance of doubt, no consent of any Lender (other than the existing Lenders participating in the extension of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>an</U></FONT>
Existing <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>TLA/RC</U></FONT> Maturity Date <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or
TLB Modification Offer</U></FONT>) shall be required for any extension of the Maturity Date <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or
implementation of the TLB Modification Offer</U></FONT> pursuant to this <U>Section&nbsp;2.21</U> and the operation of this <U>Section&nbsp;2.21</U>
in accordance with its terms <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(including any modifications to the Loan
Documents by the Borrowers and the Administrative Agent to implement such operation)</U></FONT> is not an amendment subject to
<U>Section&nbsp;9.02</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;III</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Representations
and Warranties</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Borrowers jointly and severally represent
and warrant to the Administrative Agent and the Lenders that as of the date of this Agreement and the date of making any Loan<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
as applicable,</U></FONT> or the issuance of any Letter of Credit:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Organization;
Powers</U>. The Borrowers and each of their Restricted Subsidiaries are duly organized or formed and validly existing under the
laws of the jurisdiction of their organization and have all requisite power and authority to carry on their business as now conducted.
Each Loan Party and each of their Material Subsidiaries are in good standing under the laws of the jurisdiction of their organization
(or, if applicable in a foreign jurisdiction, enjoys the equivalent status to the extent of such equivalent status exists under
the laws of any foreign jurisdiction of organization). The Borrowers and their Restricted Subsidiaries, except where the failure
to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, are qualified
to do business in, and are in good standing in, every jurisdiction where such qualification is required.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Authorization;
Enforceability</U>. The Transactions are within each Borrower&rsquo;s and each other Loan Party&rsquo;s, as applicable, corporate
or other organizational powers and have been duly authorized by all necessary corporate or other organizational and, if required,
stockholder action. This Agreement and each other Loan Document to which a Loan Party is a party has been duly executed and delivered
by such Loan Party and constitutes a legal, valid and binding obligation of such Loan Party, enforceable in accordance with its
terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors&rsquo; rights
generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law and
subject to, in the case of any grant of a Lien in the Equity Interests of any Foreign Subsidiary, to the laws of the jurisdiction
of organization or formation of such Foreign 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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Governmental
Approvals; No Conflicts</U>. The execution, delivery and performance by the Loan Parties of the Loan Documents to which such Loan
Parties are a party (a)&nbsp;do not require any material consent or approval of, registration or filing with, or any other action
by, any Governmental Authority, except (i)&nbsp;such as have been obtained or made and are in full force and effect, in each case
as of the Effective Date, (ii)&nbsp;filings and registrations of charges necessary to perfect Liens created under the Loan Documents
and to release existing Liens (if any), and (iii)&nbsp;those consents, approvals, registrations, filings or other actions, the
failure of which to obtain or make could not reasonably be expected to result in a Material Adverse Effect, (b)&nbsp;will not violate
the charter, by-laws or other organizational documents of any Loan Party, (c)&nbsp;will not violate any Requirement of Law applicable
to Parent or any Restricted Subsidiary, (d)&nbsp;will not violate or result in a default under any indenture, agreement or other
instrument in each case constituting Material Indebtedness binding upon Parent or any Restricted Subsidiary or their respective
assets, or give rise to a right thereunder to require any payment to be made by Parent or any Restricted Subsidiary or give rise
to a right of, or result in, termination, cancelation or acceleration of any obligation thereunder, in each case as of the Effective
Date, and (e)&nbsp;will not result in the creation or imposition of any Lien on any asset of the Borrower<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT>
or any Restricted Subsidiary, except Liens created under the Loan Documents and Liens permitted under <U>Section&nbsp;6.02</U>,
except in the cases of clauses (c)&nbsp;and (d)&nbsp;above where such violations, individually or in the aggregate, 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Financial
Condition; No Material Adverse Change</U>. (a)&nbsp; Parent has heretofore furnished to the Lenders <FONT STYLE="color: red"><STRIKE>its</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the</U></FONT>
consolidated balance sheet and statements of income, stockholders equity and cash flows <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>of
Parent</U></FONT> (<FONT STYLE="color: red"><STRIKE>i</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>x</U></FONT>)&nbsp;as
of and for the fiscal years ended December&nbsp;31, <FONT STYLE="color: red"><STRIKE>2016</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2018</U></FONT>
and December&nbsp;31, <FONT STYLE="color: red"><STRIKE>2017</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2019</U></FONT>,
reported on and audited by Deloitte&nbsp;&amp; Touche LLP, independent public accountants, and (<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>y</U></FONT>)
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>to the extent publicly available,</U></FONT> as of and for each fiscal
quarter ending after the fiscal year ended December&nbsp;31, <FONT STYLE="color: red"><STRIKE>2017 and ending more than 45 days
before the date hereof</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2019</U></FONT>, certified by
Parent&rsquo;s chief financial officer. Such financial statements present fairly, in all material respects, the financial position
and results of operations and cash flows of Parent and its consolidated Subsidiaries as of such dates and for such periods in accordance
with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause
(<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>y</U></FONT>) above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Since
December&nbsp;31, <FONT STYLE="color: red"><STRIKE>2017</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2020</U></FONT>,
no event, change or condition has occurred that has had, or would reasonably be expected to have, a Material Adverse Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Properties</U>.
(a)&nbsp; Each Loan Party and each of its Material Subsidiaries has good title to, or valid leasehold interests in, all its material
real and personal property necessary to its business, free and clear of all Liens except for Permitted Liens and except where the
failure to have such interest could not 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: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Loan Party and each of its Material Subsidiaries owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and
other intellectual property material to its business, free and clear of all Liens (other than Permitted Liens), and the use thereof
by each Borrower and its Restricted Subsidiaries does not infringe upon the rights of any other Person, except for in each case,
individually or in the aggregate, as 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Litigation
and Environmental Matters</U>. (a)&nbsp; There are no actions, suits or proceedings by or before any arbitrator or Governmental
Authority pending against or, to the knowledge of each Borrower, threatened against or affecting such Borrower or any of its Restricted
Subsidiaries (i)&nbsp;which could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect
(other than the Disclosed Matters) or (ii)&nbsp;that involve this Agreement, the other Loan Documents or the Transactions.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Except
for the Disclosed Matters and except with respect to any other matters that, individually or in the aggregate, could not reasonably
be expected to result in a Material Adverse Effect, neither the Borrowers nor any of their Restricted Subsidiaries (i)&nbsp;have
failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required
under any Environmental Law, (ii)&nbsp;have become subject to any Environmental Liability, (iii)&nbsp;have received notice of any
claim with respect to any Environmental Liability or (iv)&nbsp;know of any basis for any Environmental Liability.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Since
the date of this Agreement, there has been no change in the status of the Disclosed Matters that, individually or in the aggregate,
has resulted in, or would reasonably be expected to result in, a Material Adverse Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Compliance
with Laws</U>. Each Borrower and its Restricted Subsidiaries is in compliance with all laws, regulations and orders of any Governmental
Authority applicable to it or its property, except where the failure to do so, individually or in the aggregate, 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Investment
Company Status</U>. Neither the Borrowers nor any of their Restricted Subsidiaries are an &ldquo;investment company&rdquo; as defined
in, or subject to regulation under, the Investment Company Act of 1940, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.09.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Taxes</U>.
Each Borrower and each of its Restricted Subsidiaries (other than SWM Brazil with respect to the Brazil Tax Assessment) has timely
filed or caused to be filed all federal and material state and foreign Tax returns and reports required to have been filed and
has paid or caused to be paid all federal and material state and foreign Taxes required to have been paid by it, except (a)&nbsp;Taxes
that are not yet due and payable or that are being contested in good faith by appropriate proceedings and for which such Borrower
or such Restricted Subsidiary, as applicable, has set aside on its books adequate reserves as required by GAAP or (b)&nbsp;to the
extent that the failure to do so 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>ERISA</U>.
No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other such ERISA Events for which
liability is reasonably expected to occur, would reasonably be expected to result in a Material Adverse Effect. The Borrowers and
their Restricted Subsidiaries have satisfied all applicable minimum funding requirements with respect to each Plan, except where
the failure to do so 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Disclosure</U>.
(a)&nbsp; Neither the Information Memorandum nor any of the other reports, financial statements, certificates or other information
furnished by or on behalf of each Borrower or any of its Restricted Subsidiaries to the Administrative Agent or any Lender in connection
with the negotiation of this Agreement or delivered hereunder (as modified or supplemented by other information so furnished),
taken as a whole, contains any material misstatement of fact or omits to state any material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not materially misleading; provided that, with respect to
projected financial information, each Borrower represents only that such information was prepared in good faith based upon assumptions
believed to be reasonable at the time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Subsidiaries</U>.
As of the Effective Date, Parent does not have any subsidiaries other than those Subsidiaries listed on Schedule 3.12. Schedule
3.12 correctly sets forth, as of the Effective Date, (a)&nbsp;the percentage ownership (direct or indirect) of Parent in the Equity
Interests of its Subsidiaries and also identifies the direct owner thereof and (b)&nbsp;the jurisdiction of organization of each
such 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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.13.&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">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Labor
Relations</U>. To the best knowledge of the Borrowers, none of the Borrowers or any of their Restricted Subsidiaries are engaged
in any unfair labor practice that would reasonably be expected to have a Material Adverse Effect. There is (a)&nbsp;no significant
unfair labor practice complaint pending against the Borrowers or any of their Restricted Subsidiaries or, to the best knowledge
of the Borrowers, threatened against any of them before the National Labor Relations Board or any similar Governmental Authority
in any jurisdiction, and no significant grievance or significant arbitration proceeding arising out of or under any collective
bargaining agreement is so pending against the Borrowers or any of their Restricted Subsidiaries or, to the best knowledge of the
Borrowers, threatened against any of them, (b)&nbsp;no significant strike, labor dispute, slowdown or stoppage&nbsp;is pending
against the Borrowers or any of their Restricted Subsidiaries or, to the best knowledge of the Borrowers, threatened against the
Borrowers or any of their Restricted Subsidiaries and (c)&nbsp;to the best knowledge of the Borrowers, no question concerning union
representation exists with respect to the employees of the Borrowers or any of their Restricted Subsidiaries, except (with respect
to any matter specified in clause (a), (b)&nbsp;or (c)&nbsp;above, either individually or in the aggregate) such as could not 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: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>EEA
Financial Institutions</U>. No Loan Party is an EEA Financial Institution.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Plan
Assets; Prohibited Transactions</U>. None of the Borrowers or any of their Restricted Subsidiaries is an entity deemed to hold
 &ldquo;plan assets&rdquo; (within the meaning of the Plan Asset Regulations), and assuming compliance with <U>Section&nbsp;8.09</U>
hereof, neither the execution, delivery or performance of the transactions contemplated under this Agreement, including the making
of any Loan and the issuance of any Letter of Credit hereunder, will give rise to a non-exempt prohibited transaction under Section&nbsp;406
of ERISA or Section&nbsp;4975 of the Code.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Margin
Regulations</U>. None of the Borrowers is engaged and no Borrower will engage, principally or as one of its important activities,
in the business of purchasing or carrying Margin Stock, or extending credit for the purpose of purchasing or carrying Margin Stock.
Following the application of the proceeds of each Borrowing or drawing under each Letter of Credit, not more than 25% of the value
of the assets (either of the Borrowers only or of the Borrowers and their Restricted Subsidiaries on a consolidated basis) will
be Margin Stock.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Solvency</U>.
The Borrowers and their Restricted Subsidiaries, taken as a whole, are Solvent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Insurance</U>.
Schedule 3.19 sets forth a description of all insurance maintained by or on behalf of Parent and its Restricted Subsidiaries as
of the Effective Date. As of the Effective Date, all premiums in respect of such insurance have been paid or provided for. The
Borrowers believe that the insurance maintained by or on behalf of Parent and its Restricted Subsidiaries meets the requirements
set forth in <U>Section&nbsp;5.05</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.20.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Common
Enterprise</U>. SWM Luxembourg has determined that execution, delivery, and performance of this Agreement and the other Loan Documents
to which it is a party are appropriate, advisable, necessary and convenient to the conduct, promotion or attainment of the business
and purposes of SWM Luxembourg and in the best corporate interest (<I>int&eacute;r&ecirc;t social</I>) of SWM Luxembourg, will
enable SWM Luxembourg to receive direct and indirect benefits from the Loan Documents, shall materially benefit SWM Luxembourg,
are in compliance with the articles of association of SWM Luxembourg and fall within SWM Luxembourg's corporate object.</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"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.21.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Foreign
Borrower</U>. Each Foreign Borrower is subject to civil and commercial laws with respect to its obligations under this Agreement
and the other Loan Documents to which it is a party (collectively, the &ldquo;<B><I>Foreign Borrower Documents</I></B>&rdquo;),
and the execution, delivery and performance by each Foreign Borrower of the Foreign Borrower Documents to which it is a party constitutes
and will constitute private and commercial acts and not public or governmental acts. Neither any Foreign Borrower nor any of its
property has any immunity from jurisdiction of any court or from any legal process (whether through service or notice, attachment
prior to judgment, attachment in aid of execution, execution or otherwise) under the laws of the jurisdiction in which such Foreign
Borrower is organized and existing in respect of its obligations under the Foreign Borrower Documents. As of the Effective Date,
there is no tax, levy, impost, duty, fee, assessment or other governmental charge, or any deduction or withholding, imposed by
any Governmental Authority in or of the jurisdiction in which SWM Luxembourg is organized and existing either (x)&nbsp;on or by
virtue of the execution or delivery of the Foreign Borrower Documents or (y)&nbsp;on any payment to be made by SWM Luxembourg pursuant
to the applicable Foreign Borrower Documents.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.22.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Compliance
with Domiciliation Law</U>. All the legal requirements of the Luxembourg law of 31 May&nbsp;1999, as amended, regarding the domiciliation
of companies have been complied with, in all material respects, by SWM Luxembourg and each other Loan Party organized under the
laws of Luxembourg.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.23.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Anti-Corruption
Laws and Sanctions</U>. Parent has implemented and maintains in effect, for itself and its Subsidiaries, policies and procedures
reasonably designed to ensure compliance by Parent, its Subsidiaries and their respective directors, officers, employees and agents
with Anti-Corruption Laws and applicable Sanctions, and Parent, its Subsidiaries and their respective officers and employees and,
to the knowledge of such Parent, its directors and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions
in all material respects and are not knowingly engaged in any activity that would reasonably be expected to result in any Loan
Party being designated as a Sanctioned Person <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or being in violation
of Anti-Corruption Laws</U></FONT>. None of (a)&nbsp;Parent, any Subsidiary or, to the knowledge of Parent or any Subsidiary, any
of their respective directors, officers or employees, or (b)&nbsp;to the knowledge of Parent or any Subsidiary, any agent of Parent
or any Subsidiary that will act in any capacity in connection with or benefit from the credit facility established hereby, is a
Sanctioned Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.24.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>COMI</U>.
For the purposes of the Council Regulation (EU) No 848/2015 of 20 May&nbsp;2015 on insolvency proceedings (the &ldquo;<B><I>EU
Regulation</I></B>&rdquo;), in relation to any Foreign Borrower which is incorporated in a member state of the European Union,
such Foreign Borrower&rsquo;s centre of main interest (as that term is used in Article&nbsp;3(1)&nbsp;of the EU Regulation) is
situated in its jurisdiction of incorporation and it has no &ldquo;establishment&rdquo; (as that term is used in Article&nbsp;2(10)&nbsp;of
the EU Regulation) in any other jurisdiction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.25.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Security
Interest in Collateral</U>. The Collateral Documents are effective to create in favor of the Administrative Agent for the benefit
of the applicable Secured Parties legal, valid and enforceable (subject to (a)&nbsp;applicable bankruptcy, insolvency, winding-up,
reorganization, moratorium or other laws affecting creditors&rsquo; rights generally and subject to general principles of equity,
regardless of whether considered in a proceeding in equity or at law, (b)&nbsp;any filings, notices and recordings and other perfection
requirements necessary to create or perfect the Liens on the Collateral granted by the Loan Parties in favor of the Secured Parties
(which filings, notices or recordings shall be made to the extent required by any Loan Document) and (c)&nbsp;with respect to enforceability
against Foreign Subsidiaries or under non-U.S. laws, the effect of non-U.S. laws, rules&nbsp;and regulations as they relate to
pledges, if any, of Equity Interests in Foreign Subsidiaries) perfected and continuing Liens on, and security interests in, the
Collateral (subject to Permitted Liens) and, (i)&nbsp;when all appropriate filings, notices or recordings are made in the appropriate
offices, corporate records or with the appropriate Persons as may be required under applicable laws and any Loan Document (which
filings, notices or recordings shall be made to the extent required by any Loan Document) and (ii)&nbsp;upon the taking of possession
or control by the Administrative Agent of such Collateral with respect to which a security interest may be perfected only by possession
or control (which possession or control shall be given to the Administrative Agent to the extent required by any Loan Document),
such Collateral Documents will constitute fully perfected Liens on, and security interests in, all right, title and interest of
the Loan Parties in such Collateral to the extent such Liens and security interests can be perfected by such filings, notices,
recordings, possession or control.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>SECTION&nbsp;3.26.
</STRIKE><U><STRIKE>Status of SWM Luxembourg</STRIKE></U><STRIKE>. SWM Luxembourg has not engaged in any business activities and
does not own any material property other than (i)&nbsp;ownership of the Equity Interest of its subsidiaries, together with activities
directly related thereto (including, but not limited to, activities to facilitate acquisitions made by its subsidiaries), (ii)&nbsp;activities
and contractual rights incidental to maintenance of its corporate existence, (iii)&nbsp;performance of its obligations under the
Loan Documents to which it is a party, (iv)&nbsp;the provision of shared operational functions with Parent and its Subsidiaries,
including but not limited to legal, administrative, information technology (IT), accounting and logistics support, (v)&nbsp;engaging
in intellectual property investment and development including (a)&nbsp;investment in research and development projects to generate
intellectual property relevant to the strategic goals </STRIKE></FONT><STRIKE><FONT STYLE="color: green">of Parent and its Restricted
Subsidiaries, (</FONT><FONT STYLE="color: red">b)&nbsp;management of its intellectual property portfolio and (c)&nbsp;licensing
use of its intellectual property to Parent, Subsidiaries of Parent and third parties, and (vi)&nbsp;any business activity that
is reasonably corollary, ancillary, complementary or related thereto, or any reasonable extension, development or expansion thereof.</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;3.27.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Beneficial
Ownership</U><FONT STYLE="color: red"><STRIKE>. </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>.</U></FONT>
As of the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First Amendment</U></FONT> Effective Date, the information
included in the Beneficial Ownership Certification is true and correct in all respects.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;3.28.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Scheme
Documents and Related Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 1in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Parent
has delivered to the Administrative Agent complete and correct copies of the Scheme Documents (if and when issued) or, as the case
may be, the Offer Documents (if and when issued), including all schedules and exhibits thereto. The release of the Offer Press
Announcement and the posting of the Takeover Offer Documents if a Takeover Offer is pursued have been or will be, prior to their
release or posting (as the case may be), duly authorized by Parent.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 1in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Press Release and the Scheme Circular (in each case if and when issued), when taken as a whole: (i)&nbsp;except for the information
that relates to the Target or the Target Group, do not (or will not if and when issued) contain (to the best of its knowledge and
belief (having taken all reasonable care to ensure that such is the case)) any statements which are not in accordance with the
material facts, or where appropriate, do not omit any material fact likely to affect the import of such information and (ii)&nbsp;contain
all the material terms of the Scheme.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;IV</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Conditions</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;4.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First
Amendment</U></FONT><U> Effective Date</U>. The <FONT STYLE="color: red"><STRIKE>obligations of the Lenders to make Loans and of
the Issuing Banks to issue Letters of Credit hereunder shall not become effective until the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Effective
Date occurred on September&nbsp;25, 2018. The First Amendment Effective Date shall occur on and as of the first</U></FONT> date
on which each of the following conditions is satisfied (or waived in accordance with <U>Section&nbsp;9.02</U>):</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Credit
Agreement and Other Loan Documents</U>. The Administrative Agent (or its counsel) shall have received (i)&nbsp;from each <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Loan</U></FONT>
<FONT STYLE="color: red"><STRIKE>p</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>P</U></FONT>arty <FONT STYLE="color: red"><STRIKE>hereto</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
the Administrative Agent and the Required Lenders</U></FONT> either (A)&nbsp;a counterpart of <FONT STYLE="color: red"><STRIKE>this
Agreement</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the First Amendment</U></FONT> signed on behalf
of such party or (B)&nbsp;written evidence satisfactory to the Administrative Agent (which may include facsimile or other electronic
transmission of a signed signature page&nbsp;of this Agreement) that such party has signed a counterpart of <FONT STYLE="color: red"><STRIKE>this
Agreement, (ii)&nbsp;either (A)&nbsp;a counterpart of each other Loan Document signed on behalf of each party thereto or (B)&nbsp;written
evidence </STRIKE></FONT><STRIKE><FONT STYLE="color: green">satisfactory to the Administrative Agent (</FONT><FONT STYLE="color: red">which
may include facsimile or other electronic transmission of a signed signature page&nbsp;thereof) that each such party has signed
a counterpart of such Loan Document and (iii</FONT></STRIKE><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the First
Amendment and (ii</U></FONT>)&nbsp;such other certificates, documents, instruments and agreements as the Administrative Agent shall
reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents , <FONT STYLE="color: red"><STRIKE>including
any promissory notes requested by a Lender pursuant to </STRIKE><U><STRIKE>Section&nbsp;2.10</STRIKE></U> <STRIKE>payable to the
order of each such requesting Lender and a written opinion of the Loan Parties&rsquo; counsel, </STRIKE></FONT><STRIKE><FONT STYLE="color: green">addressed
to the Administrative Agent</FONT><FONT STYLE="color: red">, the Issuing Bank and the Lenders and the other Secured Parties, </FONT></STRIKE>all
in form and substance reasonably satisfactory to the Administrative Agent and its counsel.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Legal
Opinions</U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">. The Administrative Agent shall have received </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">a
favorable written opinion (</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">addressed to the Administrative
Agent </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">and the Lenders and dated the First Amendment Effective
Date) of (i)&nbsp;King&nbsp;&amp; Spalding LLP, as New York counsel for the Loan Parties and (ii)&nbsp;Maples and Calder (Luxembourg)
SARL, as Luxembourg counsel to the Loan Parties, each in form and substance reasonably satisfactory to the Administrative Agent
and its counsel.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>b</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>c</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Financial
Statements and Projections</U>. The Lenders shall have received <FONT STYLE="color: red"><STRIKE>(i)&nbsp;audited consolidated</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the</U></FONT>
financial statements <FONT STYLE="color: red"><STRIKE>of Parent and its Subsidiaries for the 2016 and 2017 fiscal years, (ii)&nbsp;unaudited
interim consolidated financial statements of Parent and its Subsidiaries for each fiscal quarter ended after the date of the latest
applicable financial statements delivered </STRIKE></FONT><STRIKE><FONT STYLE="color: green">pursuant to clause (i)&nbsp;of </FONT><FONT STYLE="color: red">this
paragraph as to which such financial statements are available and (iii)&nbsp;to the extent constituting a non-Public-Sider, projections
through the fiscal year ending December&nbsp;31, 2023.</FONT></STRIKE><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>described
in Section&nbsp;3.04(a).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Pro
Forma Financial Statements. The Lenders shall have received a pro forma consolidated balance sheet and related pro forma consolidated
statement of income of the Parent and its Subsidiaries as of and for the 12-month period ending on the last day of the most recently
completed four-fiscal quarter period for which financial statements for the Parent and its Subsidiaries were delivered under clause
(c)&nbsp;above (or more recent financial statements if available at the Parent&rsquo;s sole discretion) (it being agreed that the
most recent financial statements of the Target and its subsidiaries shall be used to construct such pro formas, even if the four-fiscal
quarter period thereof is not the same four-fiscal quarter period applicable to the most recently delivered Parent financial statements),
prepared after giving effect to the Transactions and the other transactions contemplated hereby to be consummated on the Closing
Date as if the Transactions and such other transactions had occurred as of such date (in the case of such balance sheet) or at
the beginning of such period (in the case of such income statements), which need not be prepared in compliance with Regulation
S-X of the Securities Act of 1933, as amended, or include adjustments for purchase accounting (including adjustments of the type
contemplated by Financial Accounting Standards Board Accounting Standards Codification 805, Business Combinations (formerly SFAS
141R)).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Press
Release; Offer Press Announcement. The Administrative Agent shall have received a copy, certified by Parent, of a draft of the
Press Release or the Offer Press Announcement (as applicable, depending upon whether it is proposed to effect the Target Acquisition
by way of a Scheme or a Takeover Offer) in the form in which it is proposed to be issued, in each case, in form and substance reasonably
satisfactory to the Administrative Agent; provided, that the copy publicly filed and provided to the Administrative Agent as of
January&nbsp;27, 2021 is satisfactory to the Administrative Agent.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>c</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>f</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Closing
Certificates; Certified Certificate of Incorporation; Good Standing Certificates</U>. The Administrative Agent shall have received
(i)&nbsp;a certificate of each Loan Party, dated the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First Amendment</U></FONT>
Effective Date and executed by its Secretary or Assistant Secretary or other appropriate officer, manager or director, which shall
(A)&nbsp;certify the resolutions of its board of directors, managers, members or other body authorizing the execution, delivery
and performance of the Loan Documents to which it is a party, (B)&nbsp;identify by name and title and bear the signatures of the
officers of such Loan Party authorized to sign the Loan Documents to which it is a party and, in the case of the Borrowers, its
Financial Officers or managers, and (C)&nbsp;contain appropriate attachments, including the certificate or articles of incorporation
or organization of each Loan Party certified by the relevant authority of the jurisdiction of organization of such Loan Party and
a true and correct copy of its by-laws or operating, management or partnership agreement, or other organizational or governing
documents, and (ii)&nbsp;in the case of any Loan Party formed or organized under the laws of the United States, a good standing
certificate for each Loan Party from its jurisdiction of organization or the substantive equivalent available in the jurisdiction
of organization for each Loan Party from the appropriate governmental officer in such jurisdiction.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>(d)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><U><STRIKE>No
Default </STRIKE></U></FONT><FONT STYLE="color: green"><U><STRIKE>Certificate</STRIKE></U><STRIKE>. The Administrative
Agent shall have received a certificate, </STRIKE></FONT><STRIKE><FONT STYLE="color: red">signed by </FONT><FONT STYLE="color: green">a
Financial Officer of Parent, </FONT><FONT STYLE="color: red">dated as of the Effective Date (i)&nbsp;stating that no Default has
occurred and is continuing and (ii)&nbsp;stating that the representations and warranties contained in the Loan Documents are true
and correct in all material respects (or </FONT><FONT STYLE="color: green">if qualified by materiality, in all respects) </FONT><FONT STYLE="color: red">as
of such date (or, if made as of an earlier date, as of such earlier date).</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>e</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>g</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Fees
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">and Expenses</FONT></U>. The Lenders <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
the Administrative Agent <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and the Arrangers</U></FONT> shall have received
all fees required to be paid <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>on or prior to the First Amendment Effective
Date</U></FONT>, and all expenses (including the reasonable fees and expenses of legal counsel) for which invoices have been presented
at least one (1)&nbsp;Business Day prior to the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First Amendment</U></FONT>
Effective Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>(f)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><U><STRIKE>Senior
Notes</STRIKE></U></FONT><FONT STYLE="color: green"><STRIKE>. The Administrative Agent shall have received </STRIKE></FONT><STRIKE><FONT STYLE="color: red">evidence
that the Borrowers have received the net cash proceeds from the issuance of the Senior Notes in the original principal amount of
$350,000,000.</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>g</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>h</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Lien
Searches</U>. The Administrative Agent shall have received the results of a recent lien search in each jurisdiction where the U.S.
Loan Parties are organized and where the assets of the U.S. Loan Parties are located, and such search shall reveal no Liens on
any of the assets of the U.S. Loan Parties except for Permitted Liens or Liens to be discharged in connection with the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First
Amendment</U></FONT> Effective Date pursuant to a pay-off letter or other documentation satisfactory to the Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>h</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>i</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Solvency</U>.
The Administrative Agent shall have received a solvency certificate signed by a Financial Officer of Parent dated the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First
Amendment</U></FONT> Effective Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>(i)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><U><STRIKE>Pay-Off
Letter</STRIKE></U></FONT><FONT STYLE="color: green"><STRIKE>. The Administrative Agent shall have received a </STRIKE></FONT><STRIKE><FONT STYLE="color: red">satisfactory
pay-off letter for the Existing Credit Agreement, confirming that all Liens upon any of the property of the Loan Parties constituting
Collateral will be terminated concurrently with such payment and all letters of credit issued or guaranteed as part of such Indebtedness
shall have been cash collateralized or supported by a Letter of Credit.</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Pledged
Equity Interests; Stock Powers; Pledged Notes</U>. The Administrative Agent shall have received (i)&nbsp;the certificates representing
the Equity Interests pledged pursuant to the Security Agreement or the Pledge Agreement (except to the extent either such Equity
Interests are not in certificated form or such certificates are not permitted to be delivered under applicable law), together with
an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof and (ii)&nbsp;to
the extent required under the Security Agreement, each promissory note (if any) pledged to the Administrative Agent pursuant to
the Security Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor
thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Filings,
Registrations and Recordings</U>. Each document (including any Uniform Commercial Code financing statement) required by the Collateral
Documents or under New York law or under the Uniform Commercial Code or reasonably requested by the Administrative Agent to be
filed, registered or recorded in order to create in favor of the Administrative Agent, for the benefit of itself, the Lenders and
the other Secured Parties, a perfected Lien on the Collateral of the U.S. Loan Parties described therein, prior and superior in
right to any other Person (other than with respect to Permitted Liens), shall be in proper form for filing, registration or recordation;
<U>provided</U>, <U>however</U>, that the Loan Parties shall not be required to take any action (other than the filing UCC financing
statements) to perfect any Lien to the extent provided for in <U>Section&nbsp;5.09(d)</U>&nbsp;hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Insurance</U>.
The Administrative Agent shall have received evidence of insurance coverage in form, scope, and substance reasonably satisfactory
to the Administrative Agent and otherwise in compliance with the terms of <U>Section&nbsp;5.05</U> hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>USA
PATRIOT Act, Etc</U>. So long as requested at least ten (10)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Business</U></FONT>
<FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>D</U></FONT>ays prior
to the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First Amendment</U></FONT> Effective Date, the Administrative
Agent and the Lenders shall have received at least <FONT STYLE="color: red"><STRIKE>five</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>three</U></FONT>
(<FONT STYLE="color: red"><STRIKE>5</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>3</U></FONT>) <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Business</U></FONT>
<FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>D</U></FONT>ays prior
to the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First Amendment</U></FONT> Effective Date all documentation and
other information required by bank regulatory authorities under applicable &ldquo;know your customer&rdquo; and anti-money laundering
rules&nbsp;and regulations, including the <FONT STYLE="color: red"><STRIKE>USA PATRIOT</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Patriot</U></FONT>
Act <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and the Beneficial Ownership Regulation</U></FONT>, for each Loan
Party.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>(n)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><U><STRIKE>Governmental
and Third Party Approvals</STRIKE></U><STRIKE>. All governmental and third party approvals </STRIKE></FONT><STRIKE><FONT STYLE="color: green">necessary
in connection with the </FONT><FONT STYLE="color: red">financing contemplated hereby and the continuing operations of the Borrowers
and their Subsidiaries have been obtained and are in full force and effect.</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>(o)</STRIKE></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><U><STRIKE>Other
Documents</STRIKE></U><STRIKE>. The Administrative Agent shall have received such other documents as the Administrative Agent,
the Issuing Bank, any Lender or their respective counsel may have reasonably requested.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(n)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Beneficial
Ownership Certificate. So long as requested at least ten (10)&nbsp;Business Days prior to the First Amendment Effective Date, each
requesting Lender shall have received at least three (3)&nbsp;Business Days prior to the First Amendment Effective Date, in connection
with the Beneficial Ownership Regulation, a Beneficial Ownership Certificate in a form reasonably satisfactory to each requesting
Lender (it being understood the execution of this Agreement by any Lender shall evidence such Lender&rsquo;s satisfaction with
such form).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(o)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Termination
of Backstop Credit Agreement. Parent shall have delivered to</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">JPMorgan
Chase Bank, N.A.</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">, as administrative agent under the Backstop
Credit Agreement, a termination notice confirming that upon the occurrence of the First Amendment Effective Date, the Backstop
Credit Agreement and all commitments thereunder shall be terminated in full.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>The
Administrative Agent shall notify the Borrowers and the Lenders of the First Amendment Effective Date, and such notice shall be
conclusive and binding.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;4.02.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Closing
Date. The Closing Date shall occur on and as of the first date on which each of the following</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">conditions
is satisfied (or waived </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">in accordance with Section&nbsp;9.02):</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
First Amendment Effective Date. The First Amendment Effective Date shall have occurred.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Scheme.
If the Target Acquisition is effected by way of a Scheme, the Administrative Agent shall have received:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a
certificate of Parent signed by the President, a Vice President or a Financial Officer certifying:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(A)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
date on which the Scheme Circular was posted to the shareholders of the Target;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(B)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
date on which the Court has sanctioned the Scheme and that the Scheme Court Order has been duly delivered to the Registrar; and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(C)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>that
the copy of the document specified in paragraph (ii)&nbsp;below and delivered to the Administrative Agent pursuant to paragraph
(ii)&nbsp;below is correct and complete and has not been amended or superseded (other than as permitted by paragraph (ii)&nbsp;below)
following the date of such delivery and on or prior to the Closing Date; and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a
copy of the Scheme Circular which is consistent in all material respects with the terms and conditions in the Press Release and
the Scheme Resolutions, in each case, except to the extent changes thereto have been required pursuant to the City Code or required
by the Panel or are not prohibited by the Loan Documents.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Takeover
Offer. If the Target Acquisition is effected by way of a Takeover Offer, the Administrative Agent shall have received:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a
certificate of Parent signed by the President, a Vice President or a Financial Officer certifying:</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(A)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
date on which the Takeover Offer Document was posted to the shareholders of the Target;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(B)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>as
to the satisfaction of each condition set forth in clause (D)&nbsp;below (to the extent relating to the Takeover Offer);</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(C)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
copy of the document specified in paragraph (ii)&nbsp;below and delivered to the Administrative Agent pursuant to paragraph (ii)&nbsp;below
is correct and complete and has not been amended or superseded (other than as permitted by paragraph (ii)&nbsp;below) following
the date of such delivery and on or prior to the Closing Date; and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(D)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>that
the Takeover Offer has been declared unconditional in all respects without any material amendment, modification or waiver of the
conditions to the Takeover Offer or of the Acceptance Condition except to the extent not prohibited by the Loan Documents.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a
copy of the Takeover Offer Document which is consistent in all material respects with the terms and conditions in the Offer Press
Announcement, except to the extent changes thereto have been required pursuant to the City Code or required by the Panel or are
not prohibited under the Loan Documents.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Fees
and Expenses. The Lenders, the Administrative Agent and the Arrangers shall have received all fees required to be paid on or prior
to the Closing Date, and all expenses (including the reasonable fees and expenses of legal counsel) for which invoices have been
presented at least one (1)&nbsp;Business Day prior to the Closing Date.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Illegality.
It shall not be illegal for any Lender to lend and there is no injunction or restraining order prohibiting any Lender from lending
its portion of the Loans or restricting the application of the proceeds thereof; provided, that such Lender has used commercially
reasonable efforts to make the Loans through an Affiliate of such Lender not subject to such legal restriction; provided further,
that the occurrence of such event in relation to one Lender shall not relieve any other Lender of its obligations to make Loans
hereunder.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Administrative Agent shall notify <FONT STYLE="color: red"><STRIKE>the
Borrowers</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Parent</U></FONT> and the Lenders of the <FONT STYLE="color: red"><STRIKE>Effective</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Closing</U></FONT>
Date <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>as soon as practicable upon its occurrence</U></FONT>, and such
notice shall be conclusive and binding. <FONT STYLE="color: red"><STRIKE>Notwithstanding the foregoing, the obligations of the
Lenders to make Loans and of the Issuing Banks to issue Letters of Credit hereunder</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;4.03.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Certain
Funds Borrowing Date. The obligation of each Lender to make a Term B Loan or a Certain Funds Revolving Loan on any Certain Funds
Borrowing Date (including the Closing Date) is subject to the satisfaction (or waiver in accordance with Section&nbsp;9.02) of
the following conditions:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First
Amendment Effective Date and Closing Date. Each of the First Amendment Effective Date and the Closing Date shall have occurred
and the Certain Funds Borrowing Date will be a date within the Certain Funds Period.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Borrowing
Request</U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">. The Administrative Agent shall have received a
</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">Borrowing Request in accordance with Section&nbsp;2.03.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Certain
Funds Default and Certain Funds Representations. On the date of the Borrowing Request and on the proposed Certain Funds Borrowing
Date, (i)&nbsp;no Certain Funds Default shall be continuing or would result from the proposed Borrowing and (ii)&nbsp;all Certain
Funds Representations shall be true or, if a Certain Funds Representation does not already include a materiality concept, true
in all material respects.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Squeeze-Out
Level Acceptances. If any portion of the Loan is intended to be used as described in clause (b)(ii)&nbsp;of the definition of &ldquo;Certain
Funds Purposes&rdquo;, Parent or any Acquisition Co shall on or prior to the date of the Borrowing Request have received Squeeze-Out
Level Acceptances.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Officer&rsquo;s</U></FONT><U>
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">Certificate. The Administrative Agent shall have received a certificate,
</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">dated the Certain Funds Borrowing Date and signed by the
President, a Vice President or</FONT></U><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">a Financial Officer of Parent,
</FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">confirming the applicable requirements of Section&nbsp;4.03(c)&nbsp;and,
if relevant, (d)&nbsp;have been satisfied and as to the satisfaction of each condition set forth in clause (h)&nbsp;below (to the
extent relating to the Scheme).</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(f)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Fees
and Expenses. The Lenders, the Administrative Agent and the Arrangers shall have received all fees required to be paid on or prior
to the Certain Funds Borrowing Date, and all expenses (including the reasonable fees and expenses of legal counsel) for which invoices
have been presented at least one (1)&nbsp;Business Day prior to the Certain Funds Borrowing Date.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(g)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Illegality.
It shall not be illegal for any Lender to lend and there is no injunction or restraining order prohibiting any Lender from lending
its portion of the Loans or restricting the application of the proceeds thereof; provided, that such Lender has used commercially
reasonable efforts to make the Loans through an Affiliate of such Lender not subject to such legal restriction; provided further,
that the occurrence of such event in relation to one Lender shall not relieve any other Lender of its obligations to make Loans
hereunder.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: red"><STRIKE>shall
not become effective unless each of the foregoing </STRIKE></FONT><STRIKE><FONT STYLE="color: green">conditions is satisfied (or
waived </FONT><FONT STYLE="color: red">pursuant to </FONT></STRIKE><FONT STYLE="color: red"><U><STRIKE>Section&nbsp;9.02</STRIKE></U><STRIKE>)
at or prior to 3:00 p.m., New York City time, on September&nbsp;30, 2018 (and, in the event such conditions are not so satisfied
or waived, the Commitments shall terminate at such time).</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(h)</U></FONT><FONT STYLE="color: #010000">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Target
Acquisition. Where the Target Acquisition is to be implemented by way of a Scheme, the Target Acquisition shall have been, or substantially
concurrently with the occurrence of the Certain Funds Borrowing Date shall be, consummated in all material respects in accordance
with the terms and conditions of the Scheme Documents except to the extent permitted pursuant to Section&nbsp;5.15 (it being understood
that substantially concurrently shall include the payment for Scheme Shares being made) or, where the Target Acquisition is to
be implemented by way of a Takeover Offer, the Takeover Offer shall have become wholly unconditional in accordance with the terms
of the Offer Document, in each case, without giving effect to (and there shall not have been) any modifications, amendments, consents,
requests or waivers by the Borrowers or any Acquisition Co (if any) except to the extent permitted pursuant to Section&nbsp;5.15.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;</FONT><FONT STYLE="color: red"><STRIKE>4.02</STRIKE></FONT><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>4.04</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Each
Credit Event</U>. The obligation of each Lender to make a Loan <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(other
than a Term B Loan or a Certain Funds Revolving Loan)</U></FONT> on the occasion of any Borrowing, and of each Issuing Bank to
issue, amend, renew or extend any Letter of Credit (each, a &ldquo;<B><I>Credit Event</I></B>&rdquo;), is subject to the satisfaction
of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Effective Date shall have occurred.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>b</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
representations and warranties of the Borrowers and each other Loan Party set forth in this Agreement and the other Loan Documents
shall be true and correct in all material respects (other than those representations and warranties that are expressly qualified
by a Material Adverse Effect or other materiality, in which case such representations and warranties shall be true and correct
in all respects (after giving effect to such qualifications)) on and as of the date of such Borrowing or the date of issuance,
amendment, renewal or extension of such Letter of Credit, as applicable, except to the extent that such representations and warranties
expressly relate to an earlier specified date or period, in which case such representations and warranties shall have been true
and correct in all material respects as of the date when made or for the respective period, as the case may be; <U>provided</U>,
that to the extent the Borrowers have made an LCA Election for any Limited Condition Acquisition being funded with the proceeds
of an incremental Term Loan under <U>Section&nbsp;2.09(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><U>)</U>,
with respect to such Limited Condition Acquisition, the Lenders providing such incremental Term Loan may agree that this condition
may be deemed to be satisfied on the date of the effectiveness of the applicable Limited Condition Acquisition 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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>b</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>c</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>At
the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter
of Credit, as applicable, no Default or Event of Default shall have occurred and be continuing; <U>provided</U>, that to the extent
the Borrowers have made an LCA Election for any Limited Condition Acquisition being funded with the proceeds of an incremental
Term Loan under <U>Section&nbsp;2.09(</U><FONT STYLE="color: red"><U><STRIKE>d</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><U>)</U>,
with respect to such Limited Condition Acquisition, the Lenders providing such incremental Term Loan may agree that no Default
or Event of Default shall have occurred and be continuing on the date of the effectiveness of the applicable Limited Condition
Acquisition 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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>c</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>At
the time of making and immediately after giving effect to any Revolving Loan or the issuance, amendment, renewal or extension of
such Letter of Credit, as applicable, the total Revolving Credit Exposure of any Class&nbsp;shall not exceed the total Revolving
Commitments of such Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Administrative
Agent, and if applicable, the applicable Issuing Bank or Swingline Lender shall have received a Borrowing Request or a notice requesting
the issuance, amendment, renewal or extension of such Letter of Credit, as the case may be, in each case, in accordance with the
requirements of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Borrowing and each issuance, amendment,
renewal or extension of a Letter of Credit shall be deemed to constitute a representation and warranty by the Loan Parties on the
date thereof as to the matters specified in paragraphs (<FONT STYLE="color: red"><STRIKE>a)&nbsp;and (</STRIKE></FONT>b)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
(c)</U></FONT>&nbsp;of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;4.05.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Actions
by Lenders During the Certain Funds Period. During the Certain Funds Period and notwithstanding any provision to the contrary in
the Loan Documents, none of the Lenders nor the Administrative Agent shall, unless (x)&nbsp;a Certain Funds Default has occurred
and is continuing or would result from a proposed Borrowing or (y)&nbsp;it is illegal for such Lender to lend and/or there is an
injunction or restraining order prohibiting such Lender from lending its portion of the Loans or restricting the application of
the proceeds thereof (provided, that such Lender has used commercially reasonable efforts to make its portion of the Loans through
an Affiliate of such Lender not subject to such legal restriction; and provided further, that the occurrence of an illegality event
in relation to one Lender shall not relieve any other Lender of its obligations to make Loans hereunder), be entitled to:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>cancel
any of its Commitments (subject to any Commitment reductions made pursuant to Section&nbsp;2.09);</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>rescind,
terminate or cancel the Loan Documents or the Commitments (subject to any Commitment reductions made pursuant to Section&nbsp;2.09)
or exercise any right or remedy or make or enforce any claim under the Loan Documents it may have to the extent to do so would
prevent or limit the making of a Loan for Certain Funds Purposes;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>refuse
to participate in the making of a Loan for Certain Funds Purposes unless the conditions set forth in Section&nbsp;4.02 or Section&nbsp;4.03,
as applicable, have not been satisfied or waived;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>exercise
any right of set-off or counterclaim in respect of a Loan to the extent to do so would prevent or limit the making of a Loan (or
application of a Loan made) for Certain Funds Purposes; or</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>cancel,
accelerate or cause repayment or prepayment of any amounts owing under any Loan Document to the extent to do so would prevent or
limit the making of a Loan (or application of a Loan made) for Certain Funds Purposes;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>provided
that, immediately upon the expiry of the Certain Funds Period, all such rights, remedies and entitlements shall be available to
the Lenders and the Administrative Agent notwithstanding that they may not have been used or been available for use during the
Certain Funds Period; provided, further, that for the avoidance of doubt, (x)&nbsp;after the Closing Date, the foregoing restrictions
shall not apply with respect to the Revolving Commitments that are not available for Certain Funds Revolving Loans and (y)&nbsp;a
Certain Funds Default shall not be deemed to exist as the result of any circumstances directly arising from any acceleration or
exercise of remedies with respect to Loans or Commitments not available for Certain Funds Purposes and relating to a Default or
Event of Default that is not a Certain Funds Default.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;V</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Affirmative
Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Until the Commitments have expired or been
terminated and the Obligations and other amounts payable hereunder and under the other Loan Documents shall have been paid in full
and all Letters of Credit shall have expired or terminated and all LC Disbursements shall have been reimbursed (other than contingent
indemnification obligations for which no claim has been asserted), each Borrower covenants and agrees with the Administrative Agent
and the Lenders that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Financial
Statements and Other Information</U>. The Borrowers will furnish to the Administrative Agent (for further distribution to the Lenders):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>within
ninety (90) days after the end of each fiscal year of Parent (commencing with the fiscal year ended December&nbsp;31, 2018), Parent&rsquo;s
audited consolidated balance sheet and related statements of operations, stockholders&rsquo; equity and cash flows as of the end
of and for such year, setting forth in each case in comparative form the figures for the previous fiscal year, all reported on
by Deloitte&nbsp;&amp; Touche LLP or other independent public accountants of recognized national standing (without a &ldquo;going
concern&rdquo; or like qualification or exception and without any qualification or exception as to the scope of such audit (other
than, in the case of a change in accountants, an exception as to scope relating to prior years not audited by such accountants))
to the effect that such consolidated financial statements present fairly in all material respects the financial condition and results
of operations of Parent and its consolidated Subsidiaries on a consolidated basis in accordance with GAAP;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>within
forty-five (45) days after the end of each of the first three fiscal quarters of each fiscal year of Parent (commencing with the
fiscal quarter ended December&nbsp;31, 2018), Parent&rsquo;s consolidated and consolidating balance sheet and related statements
of operations, stockholders&rsquo; equity and cash flows as of the end of and for such fiscal quarter and the then elapsed portion
of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or periods of (or,
in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by one of its Financial Officers as
presenting fairly in all material respects the financial condition and results of operations of Parent and its consolidated and
consolidating Subsidiaries on a consolidated basis in accordance with GAAP, subject to normal year-end audit adjustments and the
absence of footnotes;</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>concurrently
with any delivery of financial statements under <U>clause (a)</U>&nbsp;or <U>(b)</U>&nbsp;of this <U>Section</U>, (A)&nbsp;a compliance
certificate in the form of <U>Exhibit&nbsp;D</U> and signed by a Financial Officer of Parent (i)&nbsp;certifying as to whether
a Default has occurred and, if a Default has occurred, specifying the details thereof and any action taken or proposed to be taken
with respect thereto, (ii)&nbsp;stating whether any change in GAAP or in the application thereof has occurred since the date of
the audited financial statements referred to in <U>Section&nbsp;3.04</U> and, if any such change has occurred, specifying the effect
of such change on the financial statements accompanying such certificate, (B)&nbsp;if Parent has designated any of its Subsidiaries
as Unrestricted Subsidiaries, then the quarterly and annual financial information required by provided under <U>Section&nbsp;5.01(a)</U>&nbsp;and
<U>5.01(b)</U>&nbsp;above, shall include a reasonably detailed presentation, either on the face of the financial statements or
in the footnotes thereto, of the financial condition and results of operations of Parent and its Restricted Subsidiaries separate
from the financial condition and results of operations of the Unrestricted Subsidiaries of Parent and (C)&nbsp;an updated Beneficial
Ownership Certification to the extent that any Borrower qualifies as a &ldquo;legal entity customer&rdquo; under the Beneficial
Ownership Regulation, reflecting any change in the information provided in any Beneficial Ownership Certification delivered to
any Lender that would result in a change to the list of beneficial owners of such Borrower identified in such certification;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>as
soon as available, but in any event not more than forty-five (45) days after the end of each fiscal year of Parent, a copy of the
budget and forecast (including a projected consolidated income statement) of Parent and its Restricted Subsidiaries for each quarter
of the upcoming fiscal year in form reasonably satisfactory to the Administrative Agent; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>promptly
following any request therefor, such other information regarding the operations, business affairs and financial condition of each
Borrower or any Restricted Subsidiary, as the Administrative Agent or any Lender may reasonably request (excluding (i)&nbsp;information
subject to attorney-client privilege, and (ii)&nbsp;information the subject of binding confidentiality agreements entered into
in good faith).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Documents required to be delivered pursuant
to Section&nbsp;5.01(a)&nbsp;or (b)&nbsp;(to the extent any such documents are included in materials otherwise filed with the SEC)
may be delivered electronically and, if so delivered, shall be deemed to have been delivered on the date (i)&nbsp;on which such
materials are publicly available as posted on the Electronic Data Gathering, Analysis and Retrieval system (EDGAR); or (ii)&nbsp;on
which such documents are posted on the Borrower&rsquo;s behalf on an Internet or intranet website, if any, to which the Lenders
and the Administrative Agent have (or can obtain) access (whether a commercial, third-party website or whether made available by
the Administrative Agent); <U>provided</U> that: the Borrowers shall notify the Administrative Agent and each Lender (by telecopier
or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic
versions (i.e., soft copies) of such documents; <U>provided further</U> that the Parent having filed with the SEC (a)&nbsp;an annual
report on Form&nbsp;10-K for such year will satisfy the Parent&rsquo;s obligation under <U>Section&nbsp;5.01(a)</U>&nbsp;with respect
to such year and (b)&nbsp;a quarterly report on Form&nbsp;10-Q for such quarter will satisfy the Parent&rsquo;s obligation under
<U>Section&nbsp;5.01(b)</U>&nbsp;with respect to such quarter. Each Lender shall be solely responsible for timely accessing posted
documents and maintaining its copies of such documents.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notices
of Material Events</U>. The Borrowers will furnish to the Administrative Agent and each Lender prompt written notice of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;the
occurrence of any Default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;the
filing or commencement of any action, suit, proceeding or investigation by or before any arbitrator or Governmental Authority against
or affecting any Borrower, any Loan Party or any Restricted Subsidiary thereof, including pursuant to any applicable Environmental
Laws, that, would reasonably be expected to result in a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;an
Adverse Tax Ruling; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;any
other development that results in, or would reasonably be expected to result in, a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each notice delivered under this <U>Section&nbsp;5.02</U>
shall be accompanied by a statement of a Financial Officer or other executive officer of the applicable Borrower setting forth
the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Existence;
Conduct of Business</U>. (a)&nbsp;Each Borrower will, and will cause each of its Restricted Subsidiaries to do or cause to be done
all things necessary to preserve, renew and keep in full force and effect its legal existence and (b)&nbsp;except as could not
reasonably be expected to have a Material Adverse Effect, each Borrower will, and will cause each of its Restricted Subsidiaries
to do or cause to be done all things necessary to preserve, renew and keep in full force and effect the rights, licenses, permits,
privileges and franchises material to the conduct of its business; <U>provided</U> that none of the foregoing shall prohibit any
merger, consolidation, liquidation or dissolution permitted under <U>Section&nbsp;6.03</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Payment
of Taxes</U>. Each Borrower will, and will cause each of its Restricted Subsidiaries to, pay its liabilities for Taxes, that, if
not paid, could result in a Material Adverse Effect before the same shall become delinquent or in default, except where (a)&nbsp;the
validity or amount thereof is being contested in good faith by appropriate proceedings, (b)&nbsp;such Borrower or such Restricted
Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP and (c)&nbsp;the failure to
make payment pending such contest 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maintenance
of Properties; Insurance</U>. (a)&nbsp;Except as could not reasonably be expected to have a Material Adverse Effect, each Borrower
will, and will cause each of its Restricted Subsidiaries to keep and maintain all property material to the conduct of the business
of Parent and its Restricted Subsidiaries (taken as a whole) in good working order and condition, ordinary wear and tear and casualty
excepted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Borrower will, and will cause each of its Restricted Subsidiaries, to maintain, with financially sound and reputable insurance
companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar
businesses operating in the same or similar locations. Parent shall use commercially reasonable efforts to (i)&nbsp;have such insurance
endorsed to the Administrative Agent&rsquo;s satisfaction for the benefit of the Administrative Agent (including, without limitation,
by naming the Administrative Agent for the benefit of the Secured Parties (x)&nbsp;as an additional insured with respect to liability
policies maintained by any of the Loan Parties and (y)&nbsp;as loss payee with respect to the property insurance maintained by
any of the Loan Parties), and (ii)&nbsp;have such insurance state that such insurance policies shall not be cancelled without at
least ten (10)&nbsp;days&rsquo; prior written notice thereof by the respective insurer to the Administrative Agent. Upon the reasonable
request of the Administrative Agent, the Borrowers will furnish to the Administrative Agent, information in reasonable detail as
to the insurance so maintained.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Books
and Records; Inspection Rights</U>. Parent will, and will cause each of its Restricted Subsidiaries to, keep proper books of record
and accounts in which full and correct entries are made of all dealings and transactions in relation to its business and activities
in accordance with GAAP. Each Borrower will, and will cause each of its Restricted Subsidiaries to, permit any representatives
designated by the Administrative Agent, upon reasonable prior notice, to visit and inspect its properties, to examine and make
extracts from its books and records, and to discuss its affairs, finances and condition with its officers and independent accountants,
but no more than two such visits in any fiscal year unless an Event of Default has occurred and is continuing. All such visits,
inspections, or audits by the Administrative Agent or any Lender shall be at the Borrowers&rsquo; expense; <U>provided</U> that
so long as no Event of Default has occurred and is continuing, then Parent shall not be required to pay for more than two such
visits in any consecutive four fiscal quarter period. Notwithstanding anything to the contrary in this <U>Section&nbsp;5.06</U>,
none of the Parent nor any of its Restricted Subsidiaries will be required to disclose, permit the inspection, examination or making
copies or abstracts of, or discussion of, any document, information or other matter that (i)&nbsp;constitutes non-financial trade
secrets or non-financial proprietary information, (ii)&nbsp;in respect of which disclosure to the Administrative Agent or any Lender
(or their respective representatives or contractors) is prohibited by law or any binding confidentiality agreement entered into
in good faith or (iii)&nbsp;is subject to attorney-client or similar privilege or constitutes attorney work product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Compliance
with Laws</U>. Each Borrower will, and will cause each of its Restricted Subsidiaries to, comply with all laws, rules, regulations
and orders of any Governmental Authority applicable to it or its property, except where the failure to do so, individually or in
the aggregate, could not reasonably be expected to result in a Material Adverse Effect. Parent will maintain in effect, for itself
and its Subsidiaries, policies and procedures reasonably designed to ensure compliance by Parent, its Subsidiaries and their respective
directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Use
of Proceeds and Letters of Credit</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
proceeds of the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Term B</U></FONT> Loans shall <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>be
used only for Certain Funds Purposes. Up to $325,000,000 of Revolving Loans may be borrowed and used on or after the Closing Date
and prior to the end of the Certain Funds Period for Certain Funds Purposes (such Revolving Loans, the &ldquo;<B><I>Certain Funds
Revolving Loans</I></B>&rdquo;), and no Foreign Borrower shall borrow any Certain Funds Revolving Loans. The Term A Loans and Revolving
Loans shall otherwise</U></FONT> be used only (a)&nbsp;for general corporate purposes of the Borrowers and their Subsidiaries (including,
without limitation, to fund Permitted Acquisitions,&nbsp;Investments or Restricted Payments), (b)&nbsp;to pay expenses relating
to the negotiation and documentation of <FONT STYLE="color: red"><STRIKE>this Agreement</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
First Amendment</U></FONT> and Acquisition Expenses and (c)&nbsp;to refinance existing indebtedness. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>An
amount of at least $325,000,000 of the Revolving Commitments shall remain unutilized prior to the Closing Date.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>No
part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any
of the regulations of the Federal Reserve Board, including Regulations T, U and X. Letters of Credit will be issued only to support
general corporate purposes of the Borrowers and their Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.09.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Further
Assurances; Additional Borrowers</U>.<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Subject
to applicable law, each Loan Party shall cause each of its Domestic Subsidiaries that constitutes a Material Subsidiary (including,
without limitation, upon the formation of any Subsidiary that is a Delaware Divided LLC, but other than any Excluded Subsidiary)
to guaranty the Obligations within thirty (30) days after such Subsidiary becomes a Material Subsidiary (or such longer period
as may be agreed to by Administrative Agent in writing) by executing a joinder to the Security Agreement and a joinder to the Subsidiary
Guaranty. Upon execution and delivery thereof, each such Person shall become a Loan Guarantor and thereupon shall have all of the
rights, benefits, duties and obligations in such capacity under the Loan Documents. Without limiting the foregoing, each Borrower
will, and will cause each Restricted Subsidiary to, execute and deliver, or cause to be executed and delivered, to the Administrative
Agent such documents, agreements and instruments, and will take or cause to be taken such further actions which may be required
by law or which the Administrative Agent may, from time to time, reasonably request to carry out the terms and conditions of this
Agreement and the other Loan Documents at the expense of the Borrowers. The Loan Parties shall deliver, or cause to be delivered,
to Administrative Agent, in connection with the execution and delivery of each such joinder agreements, appropriate resolutions,
secretary certificates, certified organizational documents and, if requested by Administrative Agent, legal opinions relating to
the matters described in this <U>Section&nbsp;5.09</U> (which opinions shall be in form and substance reasonably acceptable to
Administrative Agent).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers may, upon not less than twenty (20) Business Days&rsquo; notice from the Borrowers to the Administrative Agent (or such
shorter period as may be agreed by the Administrative Agent in writing), designate, with the prior written consent of the Administrative
Agent and, with respect to a Foreign Borrower, the Lenders <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>who will
extend Loans hereunder to such Foreign Borrower</U></FONT> (each such consent not to be unreasonably withheld), any Restricted
Subsidiary of Parent (an &ldquo;<B><I>Additional Borrower</I></B>&rdquo;) as a new borrower to receive Loans (or reallocate existing
Loans), pursuant to terms and conditions to be mutually agreed to by the Borrowers and the Administrative Agent and in accordance
with this <U>Section&nbsp;5.09(b)</U>. Prior to any Borrower becoming entitled to receive certain Loans, the Administrative Agent
and <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such</U></FONT>
Lenders shall have received (i)&nbsp;an amendment hereto in form, content and scope reasonably satisfactory to the Administrative
Agent providing for such Additional Borrower becoming a Borrower hereunder, such amendment only requiring the signatures of the
Administrative Agent, the Borrowers and the Additional Borrower(s), subject only to the approval of other Lenders if any such amendment
also amends terms which would require the approval of the Required Lenders, affected Lenders or all Lenders, as the case may be,
pursuant to <U>Section&nbsp;9.02</U>, (ii)&nbsp;one or more joinder agreements (or similar documents) to the applicable Loan Documents
as requested by Administrative Agent, (iii)&nbsp;such supporting resolutions, secretary certificates, opinions of counsel and other
documents or information, in form, content and scope reasonably satisfactory to the Administrative Agent, as may be required by
the Administrative Agent or the Required Lenders, and (iv)&nbsp;notes signed by such new Additional Borrower to the extent any
Lender so requires. If the Administrative Agent and the Lenders agree that the Additional Borrower shall be entitled to receive
Loans and that the conditions set forth in this <U>Section&nbsp;5.09(b)</U>&nbsp;are satisfied, then the Administrative Agent shall
send a written notice to the Lenders specifying the effective date upon which the Additional Borrower may receive Loans, whereupon
each of the Lenders agrees to permit such Additional Borrower to receive Loans (or reallocate existing Loans), on the terms and
conditions set forth herein. Notwithstanding the foregoing, and as conditions precedent to any Lender being obligated to make any
Loans or issue any Letters of Credit to any Additional Borrower on the occasion of the first Borrowing by, or issuance of a Letter
of Credit for the account of, such Additional Borrower, (A)&nbsp;if the designation of such Additional Borrower obligates the Administrative
Agent or any Lender to comply with &ldquo;know your customer&rdquo; or similar identification procedures in circumstances where
the necessary information is not already available to it, Parent shall, and shall cause such Additional Borrower to, promptly upon
the request of the Administrative Agent or any Lender, supply such documentation and other evidence as is reasonably requested
by the Administrative Agent or any Lender in order for the Administrative Agent or such Lender to carry out and be satisfied it
has complied with all necessary &ldquo;know your customer&rdquo; or other similar checks under all applicable laws and regulations
and (B)&nbsp;to the extent any Additional Borrower qualifies as a &ldquo;legal entity customer&rdquo; under the Beneficial Ownership
Regulation, at least five (5)&nbsp;days prior to the designation of such Additional Borrower, Parent shall, and shall cause such
Additional Borrower to, supply to any Lender that has requested, in a written notice to Parent at least ten (10)&nbsp;days prior
to the designation of such Additional Borrower, a Beneficial Ownership Certification in relation to such Additional Borrower. In
addition to the immediately preceding condition precedent, on the occasion of the first Borrowing by, or issuance of a Letter of
Credit for the account of, an Additional Borrower, any extension of credit or issuance of a Letter of Credit to a proposed Additional
Borrower that is not organized under the laws of the United States or any political subdivision thereof shall not contravene any
law or regulation applicable to each Lender extending credit.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Subject
to subsection (d)&nbsp;below, each Loan Party will grant to the Administrative Agent, for the benefit of the Administrative Agent
and the other Secured Parties, a Lien under New York law in (i)&nbsp;100% of the issued and outstanding Equity Interests of each
of its Restricted Subsidiaries that are also Domestic Subsidiaries, (ii)&nbsp;65% of the issued and outstanding Equity Interests
in each Restricted Subsidiary that is a Foreign Subsidiary directly owned by any U.S. Borrower or any U.S. Loan Party and (iii)&nbsp;100%
of the issued and outstanding Equity Interests in each Restricted Subsidiary that is a Foreign Subsidiary directly owned by any
Foreign Borrower, pursuant to the terms and conditions of the Loan Documents or other security documents as the Administrative
Agent shall reasonably request; <U>provided</U>, that<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, subject to Section&nbsp;5.13,</U></FONT>
in no event shall any Loan Party be required to execute any Loan Documents governed by any law other than the laws of the State
of New York or such other political subdivision of the United States that may be applicable.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
any other provision of this Agreement, any of the Collateral Documents or any of the Loan Documents, the Loan Parties shall not
be required to take any action (other than the filing UCC financing statements) to perfect any Lien in (i)&nbsp;vehicles or any
other assets subject to certificates of title; (ii)&nbsp;commercial tort claims of U.S. Loan Parties below a threshold of $10,000,000;
(iii)&nbsp;letter of credit rights of U.S. Loan Parties below a threshold of $10,000,000; (iv)&nbsp;intercompany promissory notes;
and (v)&nbsp;cash, Permitted Investments, deposit, securities and commodities accounts (including securities entitlements and related
assets), or any other assets requiring perfection through the implementation of control agreements or perfection by &ldquo;control&rdquo;
(other than with respect to certificated securities and with respect to possession by the Administrative Agent, in each case, to
the extent expressly required under the Security Agreement). In addition, no Loan Party shall have any obligation under any Loan
Document to enter into any landlord, bailee or warehousemen waiver, estoppel or consent or any other document of similar effect
and no Loan Party shall be required to enter into any source code escrow arrangement or be obligated to register any intellectual
property.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
the event that any Person becomes a Restricted Subsidiary (including any Unrestricted Subsidiary that becomes a Restricted Subsidiary)
after the date hereof (other than any Restricted Subsidiary for so long as it is an Excluded Subsidiary) or any Restricted Subsidiary
(including any Electing Guarantor) ceases to be an Excluded Subsidiary, then within twenty (20) Business Days thereafter (or such
longer period as may be agreed to by Administrative Agent in writing) such Subsidiary shall execute a joinder to the Security Agreement
and a joinder to the Subsidiary Guaranty and otherwise comply with <U>Section&nbsp;5.09(a)</U>&nbsp;hereof, to the extent applicable.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If,
at any time, (x)&nbsp;a Restricted Subsidiary is designated as an Unrestricted Subsidiary or otherwise becomes an Immaterial Subsidiary
in compliance with the terms of this Agreement or (y)&nbsp;an Electing Guarantor has been re-designated as an Excluded Subsidiary
at the option of such Electing Guarantor, so long as no Event of Default has occurred and is continuing, the Administrative Agent
shall release such Subsidiary from any Subsidiary Guarantee and all Collateral Documents to which it may be a party and to the
extent such Subsidiary&rsquo;s capital stock was pledged (or otherwise secured) as Collateral, such pledge (or other security)
shall be released and, upon the request of any Loan Party, any certificates in respect thereof shall be promptly returned to the
applicable Loan Party. Notwithstanding the foregoing, in no event shall the Equity Interests of any Unrestricted Subsidiary or
any of such Unrestricted Subsidiary&rsquo;s assets constitute Collateral, and the Administrative Agent shall take all actions required
hereunder and under the other Loan Documents to effect the foregoing.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
anything in this Agreement or any Collateral Document to the contrary, no Loan Party or any Restricted Subsidiary shall be required
to take any action outside the Specified Jurisdictions or any state or jurisdiction thereof to perfect any security interest in
the Collateral (including the execution of any agreement, document or other instrument governed by the law of any jurisdiction
other than the Specified Jurisdictions or any state or jurisdiction thereof).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>OFAC</U>.
Parent shall (a)&nbsp;reasonably ensure, and cause each of its Subsidiaries to reasonably ensure, that no Person who owns a controlling
interest in any such Subsidiary is listed on the Specially Designated Nationals and Blocked Person List or other similar lists
maintained by the Office of Foreign Assets Control (&ldquo;<B><I>OFAC</I></B>&rdquo;), the Department of the Treasury or is included
in any Executive Orders and (b)&nbsp;comply, and cause each Subsidiary to comply, in all material respects, with all applicable
Bank Secrecy Act regulations, as amended.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Centre
of Main Interest</U>. For the purposes of the EU Regulation, to the extent applicable, each Foreign Borrower shall ensure that
its centre of main interest (as that term is used in Article&nbsp;3(1)&nbsp;of the EU Regulation) is situated in its jurisdiction
of formation or organization.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.13.
</FONT><FONT STYLE="color: red"><U><STRIKE>Post Closing</STRIKE></U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Post-Effective
Date</U></FONT><U> Matters</U>. Each Loan Party shall execute and deliver the documents and complete the tasks set forth on Schedule
5.13, in each case within the time limits specified therein (or such longer period of time reasonably acceptable to the Administrative
Agent).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;5.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Designation
of Subsidiaries</U>. The board of directors (or similar governing body) of Parent may at any time designate any Restricted Subsidiary
of Parent existing on or acquired or formed after the Effective Date as an Unrestricted Subsidiary or any Unrestricted Subsidiary
as a Restricted Subsidiary; <U>provided</U>, <U>that</U>, (i)&nbsp;immediately before and after such designation, no Default or
Event of Default shall have occurred and be continuing or would result therefrom, (ii)&nbsp;immediately after giving effect to
such designation, the Loan Parties shall be in compliance on a pro forma basis with the covenants set forth in <U>Section&nbsp;6.11</U>
hereof, recomputed for the most recent fiscal quarter for which financial statements have been delivered (or are required to have
been delivered), (iii)&nbsp;no Subsidiary may be designated as an Unrestricted Subsidiary if it is a &ldquo;Restricted Subsidiary&rdquo;
(or other similar term) under any documents relating to any Material Subordinated Indebtedness, (iv)&nbsp;no Restricted Subsidiary
may be designated as an Unrestricted Subsidiary if such Subsidiary directly or indirectly owns any Equity Interests of, or holds
a Lien on, any property of, any Borrower or any Restricted Subsidiary that is not a Subsidiary to be so designated as an Unrestricted
Subsidiary, (v)&nbsp;no Subsidiary may be designated as an Unrestricted Subsidiary if it holds any material intellectual property
of the Borrowers and their respective Restricted Subsidiaries, and (vi)&nbsp;Parent shall deliver to Administrative Agent at least
three (3)&nbsp;Business Days prior to such designation a certificate of a Responsible Officer of Parent, together with all relevant
financial information reasonably requested by Administrative Agent, demonstrating compliance with the foregoing clauses (i)&nbsp;through
(iii)&nbsp;of this <U>Section&nbsp;5.14</U> and, if applicable, certifying that such Subsidiary meets the requirements of an &ldquo;Unrestricted
Subsidiary&rdquo; and (vii)&nbsp;at least ten days prior to the designation of any Unrestricted Subsidiary as a Restricted Subsidiary,
the Lenders shall have received all documentation and other information required by bank regulatory authorities under applicable
 &ldquo;know-your-customer&rdquo; and anti-money laundering rules&nbsp;and regulations, including the <FONT STYLE="color: red"><STRIKE>USA
</STRIKE></FONT>Patriot Act, with respect to such Subsidiary. The designation of any Subsidiary as an Unrestricted Subsidiary shall
constitute an Investment by the Loan Parties therein at the date of designation in an amount equal to the fair market value of
the applicable Loan Parties&rsquo; Investment in such Subsidiary; <U>provided</U>, <U>that</U>, upon a designation of such Unrestricted
Subsidiary as a Restricted Subsidiary (including by means of a transfer of assets of an Unrestricted Subsidiary to a Restricted
Subsidiary or a combination of an Unrestricted Subsidiary with a Restricted Subsidiary in which the Restricted Subsidiary survives),
the Loan Parties shall be deemed to continue to have a permanent Investment in an Unrestricted Subsidiary in an amount (if positive)
equal to (i)&nbsp;the lesser of (A)&nbsp;the fair market value of the Investments of the Loan Parties and their Restricted Subsidiaries
in such Unrestricted Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred or conveyed,
as applicable) and (B)&nbsp;the fair market value of Investments of the Loan Parties and their Restricted Subsidiaries made in
connection with the designation of such Restricted Subsidiary as an Unrestricted Subsidiary <I>minus</I> (ii)&nbsp;the portion
(proportionate to the Loan Parties&rsquo; and their Subsidiaries&rsquo; Equity Interests in such resulting Restricted Subsidiary)
of the fair market value of the net assets of such Restricted Subsidiary at the time of such redesignation, combination or transfer
(or of the assets transferred or conveyed, as applicable). The designation of any Unrestricted Subsidiary as a Restricted Subsidiary
shall constitute the incurrence or making, as applicable, at the time of designation of any Investments,&nbsp;Indebtedness or Liens
of such Subsidiary existing at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;5.15.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Scheme, Takeover Offer and Related Matters. Parent will, or will cause any Acquisition Co (if applicable) to:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Issue
a Press Release or, as the case may be, an Offer Press Announcement (in the form delivered to the Administrative Agent pursuant
to Section&nbsp;4.01(e), subject to such amendments as are not Materially Adverse Amendments or have been approved by the Arrangers
in writing acting reasonably (such approval not to be unreasonably withheld, delayed or conditioned)) within five (5)&nbsp;Business
Days of January&nbsp;27, 2021.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Comply
in all respects with the City Code subject to any waivers granted by or requirements of the Panel or the requirements of the Court,
and all relevant laws and regulations relating to the Acquisition, save where non-compliance would not be adverse in any material
respect to the interests of the Lenders (taken as a whole) under this Agreement.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Except
as consented to by the Arrangers in writing (such consent not to be unreasonably withheld, delayed or conditioned) and save to
the extent that following the issuance of a Press Release or an Offer Press Announcement any Borrower or any Acquisition Co elects
to proceed with the Target Acquisition by way of a Takeover Offer or Scheme respectively, ensure that (i)&nbsp;if the Target Acquisition
is effected by way of a Scheme, the Scheme Circular corresponds in all material respects to the terms and conditions of the Scheme
as contained in the Press Release to which it relates or (ii)&nbsp;if the Target Acquisition is effected by way of a Takeover Offer,
the Takeover Offer Document corresponds in all material respects to the terms and conditions of the Takeover Offer as contained
in the corresponding Offer Press Announcement, subject, in the case of a Scheme, to any variation required by the Court and, in
each case, to any variations which are not Materially Adverse Amendments.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Ensure
that the Scheme Documents or, if the Target Acquisition is effected by way of a Takeover Offer, the Offer Documents contain all
the material terms and conditions of the Scheme or Takeover Offer, as applicable and, in the case of a Takeover Offer, ensure that
the conditions to the Takeover Offer include an Acceptance Condition set at a level at not less than the Minimum Acceptance Condition.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Except
as consented to by the Arrangers in writing (such consent not to be unreasonably withheld, delayed or conditioned), not amend,
treat as satisfied or waive (i)&nbsp;any term or condition of the Scheme Documents or the Takeover Offer Documents (other than
the Acceptance Condition), as applicable, other than any such amendment, treatment or waiver which is (x)&nbsp;required by the
Court or Panel or (y)&nbsp;not a Materially Adverse Amendment, or (ii)&nbsp;if the Target Acquisition is proceeding as a Takeover
Offer, the Acceptance Condition if the effect of such amendment, treatment or waiver would be that the Acceptance Condition would
be capable of being satisfied at a level less than the Minimum Acceptance Condition.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(f)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Not
take any action, and procure that none of its Affiliates nor any person acting in concert with it (within the meaning of the City
Code) takes any action, which would require Parent to make a mandatory offer for the Target Shares in accordance with Rule&nbsp;9
of the City Code or which would require a change to be made to the terms of the Scheme or the Takeover Offer (as the case may be)
pursuant to Rule&nbsp;6 of the City Code which change, if made voluntarily, would be a Materially Adverse Amendment.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(g)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Provide
the Administrative Agent with copies of each Offer Document and such information as it may reasonably request regarding, in the
case of a Takeover Offer, the current level of acceptances subject to any confidentiality, legal, regulatory or other restrictions
relating to the supply of such information.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(h)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Promptly
deliver to the Administrative Agent or the receiving agent a certificate issued under Rule&nbsp;10 of the City Code (where the
Target Acquisition is being pursued pursuant to a Takeover Offer) and, in each case to the extent Parent, acting reasonably, anticipates
they will be material to the interests of the Lenders in connection with the Transactions and except to the extent Parent (or any
Borrower or any Acquisition Co) is prohibited by confidentiality, legal (including contractual) or regulatory obligations or restrictions
from doing so, any written agreement between any Borrower or any Acquisition Co and the Target to the extent material to the interests
of the Lenders in relation to the consummation of the Target Acquisition (in each case, promptly upon such documents or agreements
being entered into by any Borrower or any Acquisition Co), and all other material announcements and documents published by any
Borrower or any Acquisition Co or delivered by any Borrower or any Acquisition Co to the Panel pursuant to the Takeover Offer or
the Scheme (other than the cash confirmation) and all material legally binding agreements entered into by any Borrower or any Acquisition
Co in connection with a Takeover Offer or a Scheme.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>In
the event that a Scheme is switched to a Takeover Offer or vice versa (which any Borrower or any Acquisition Co shall be entitled
to do on multiple occasions provided that it complies with the terms of this Agreement), (i)&nbsp;within the applicable time periods
provided in the definition of &ldquo;Mandatory Cancellation Event&rdquo;, procure that the Offer Press Announcement or the Press
Release, as the case may be, is issued, and (ii)&nbsp;except as consented to by the Arrangers in writing (such consent not to be
unreasonably withheld, delayed or conditioned), ensure that (A)&nbsp;where the Target Acquisition is then proceeding by way of
a Takeover Offer, the terms and conditions contained in the Offer Document include an Acceptance Condition which is not capable
of being satisfied at a level less than the Minimum Acceptance Condition and (B)&nbsp;the conditions</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">to
be satisfied in connection </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">with the Target Acquisition and
contained in the Offer Documents or the Scheme Documents (whichever is applicable) are otherwise consistent in all material respects
with those contained in the Offer Documents or the Scheme Documents (whichever applied to the immediately preceding manner in which
it was proposed that the Target Acquisition would be effected) (to the extent applicable for the legal form of a Takeover Offer
or a Scheme, as the case may be), in each case, other than (x)&nbsp;in the case of clause (B), any changes which are not Materially
Adverse Amendments or are required to reflect the change in legal form to a Takeover Offer or a Scheme or (y)&nbsp;changes that
could have been made to the Scheme or the Takeover Offer in accordance with the relevant provisions of this Agreement or which
reflect the requirements of the terms of this Agreement and the manner in which the Target Acquisition may be effected.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(j)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>In
the case of a Takeover Offer, (i)&nbsp;not declare the Takeover Offer unconditional as to acceptances until the Minimum Acceptance
Condition has been satisfied and (ii)&nbsp;promptly upon Squeeze-Out Level Acceptances being received (x)&nbsp;in the event that
Parent will require proceeds of a Loan in order to make Squeeze-Out Payments and there is sufficient time remaining within the
Certain Funds Period to issue a Borrowing Request for such Loan, issue such Borrowing Request and (y)&nbsp;ensure that notices
under Section&nbsp;979 of the Companies Act 2006 in respect of Target Shares that any Borrower or any Acquisition Co has not yet
agreed to directly or indirectly acquire are issued.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(k)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Subject
always to the Companies Act 2006 and any applicable listing rules, in the case of a Scheme, within 25 Business Days of the Scheme
Effective Date, and in relation to a Takeover Offer, within 60 days after the Closing Date, procure that such necessary action
is taken to procure that the Target Shares are removed from the Official List and that trading in the Target Shares on the Main
Market of the London Stock Exchange is cancelled and as soon as reasonably practicable thereafter, procure that the Target is re-registered
as a private limited company.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(l)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Not
make any public announcement or public statement (other than in the relevant Scheme Documents and/or Takeover Offer Documents)
concerning this Agreement or the Lenders in connection with the financing of the Target Acquisition without the prior consent of
the Arrangers (such consent not to be unreasonably withheld, delayed or conditioned) unless required to do so by the City Code,
the Panel, other competent regulatory body, stock exchange, or by a court of competent jurisdiction.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(m)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>In
the case of a Scheme, upon the occurrence of the Scheme Effective Date, Parent shall beneficially own (directly or indirectly)
100% of the Target Shares.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;5.16.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Repayment
of Target Debt. Parent shall terminate the Target Debt in full, and repay all amounts then outstanding thereunder, upon which time
all Liens and guaranties in respect thereof shall be automatically terminated and released, in each case (i)&nbsp;on the Closing
Date (or such longer period as agreed by the Administrative Agent in its reasonable discretion), if the Target Acquisition proceeds
by way of a Scheme or (ii)&nbsp;within 10 days of the Unconditional Date (or such longer period as agreed by the Administrative
Agent in its reasonable discretion), if the Target Acquisition proceeds by way of a Takeover Offer. Parent will deliver a certificate
on the date that the Target Debt is repaid, confirming that the requirements of this Section&nbsp;have been satisfied.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;VI</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Negative
Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Until the Commitments have expired or terminated
and the Obligations and other amounts payable hereunder and under the other Loan Documents have been paid in full and all Letters
of Credit have expired or terminated and all LC Disbursements have been reimbursed (other than contingent indemnification obligations
for which no claim has been asserted), each Borrower covenants and agrees with the Administrative Agent and the Lenders that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Indebtedness</U>.
Each Borrower will not, and will not permit any Restricted Subsidiary to, create, incur, assume or permit to exist any Indebtedness,
except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;Indebtedness
created under the Loan Documents and (ii)&nbsp;to the extent constituting Indebtedness, any other Secured Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;Indebtedness
in existence on the Effective Date and, to the extent in an amount in excess of $1,000,000, as set forth in <U>Schedule 6.01</U>
(provided that the aggregate amount of all such Indebtedness not scheduled shall not exceed $5,000,000), and (ii)&nbsp;any intercompany
Indebtedness permitted pursuant to <U>Section&nbsp;6.04</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
arising under any employee benefit plan sponsored by Schweitzer Mauduit France S.A.S., LTR Industries S.A., PDM Industries S.N.C.,
Papeteries de Mauduit S.A.S., Malaucene Industries S.N.C., Papeteries de Mauduit S.A.S., Papeteries de Saint-Girons S.A.S., Saint-Girons
Industries S.N.C., SWM-Poland Sp. Zo o, or any of their Subsidiaries or successors-in-interest;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
of one or more Foreign Subsidiaries in an aggregate amount not to exceed the greater of (x)&nbsp;$100,000,000 and (y)&nbsp;8.0%
of the Consolidated Total Assets of the Foreign Subsidiaries at the time of incurrence, at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
of any Borrower or any Restricted Subsidiary incurred to finance the acquisition, construction or improvement of any fixed or capital
assets, including Capital Lease Obligations and any Indebtedness assumed in connection with the acquisition of any such assets
or secured by a Lien on any such assets prior to the acquisition thereof, and extensions, renewals and replacements of any such
Indebtedness that do not increase the outstanding principal amount thereof; <U>provided</U> that (i)&nbsp;such Indebtedness is
incurred prior to or within 90 days after such acquisition or the completion of such construction or improvement and (ii)&nbsp;the
aggregate principal amount of Indebtedness permitted by this clause (e)&nbsp;shall not exceed the greater of $50,000,000 and 3.25%
of Consolidated Total Assets at the time any such Indebtedness is incurred;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
assumed in connection with a Permitted Acquisition or other Investment pursuant to which a Person becomes a Restricted Subsidiary
after the date hereof or pursuant to which Parent or any of its Restricted Subsidiaries acquires any assets or properties; <U>provided
</U>that such Indebtedness exists at the time such Person becomes a Restricted Subsidiary or at the time such assets or properties
are acquired and is not created in contemplation of or in connection with such Person becoming a Restricted Subsidiary or such
assets or properties being acquired;</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>all
reimbursement obligations arising under letters of credit (including standby and commercial), bankers&rsquo; acceptances, bank
guaranties, surety bonds and similar instruments arising in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>other
Indebtedness of a Loan Party; <U>provided</U>, <U>that</U>, before and after the incurrence of such Indebtedness (x)&nbsp;no Event
of Default exists or would be caused thereby and (y)&nbsp;Parent on a consolidated basis shall be in pro forma compliance (after
giving effect to the incurrence of any Indebtedness) with <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a Net Debt
to EBITDA Ratio of the lesser of (x)&nbsp;4.75 to 1.00 and (y)</U></FONT>&nbsp;the then applicable covenant level<FONT STYLE="color: red"><STRIKE>s</STRIKE></FONT>
as set forth in <U>Section&nbsp;6.11(b), <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">in each case</FONT></U> calculated
for the four (4)&nbsp;fiscal quarter period ending on the last day of the most recently ended quarter for which financial statements
of Parent have been delivered to Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>(b)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
incurred in connection with Sale and Leaseback Transactions not to exceed $50,000,000 in the aggregate at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;Indebtedness
evidenced by the Senior Notes and (ii)&nbsp;Guarantees of the Senior Notes by the Loan Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Guarantees
of Indebtedness otherwise permitted to be incurred pursuant to this Agreement to the extent the provider of such Guarantee would
be permitted to incur the Indebtedness itself directly;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
incurred in respect of workers&rsquo; compensation claims, health, disability or other employee benefits or property, casualty
or liability insurance and self-insurance obligations, and, for the avoidance of doubt, indemnity, bid, performance, warranty,
release, appeal, surety and similar bonds or bankers&rsquo; acceptances, letters of credit, warehouse receipts and similar facilities
for operating purposes and completion guarantees (not for borrowed money) provided or incurred (including Guarantees thereof) by
Parent or a Restricted Subsidiary in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
the extent constituting Indebtedness, obligations of Parent and its Restricted Subsidiaries under Swap Agreements and in respect
of Banking Services incurred in the ordinary course of business, and any Guarantees in respect thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
arising from agreements of Parent or a Restricted Subsidiary providing for indemnification, contribution, earn-out, adjustment
of purchase price, deferred compensation or similar obligations, in each case, incurred or assumed in connection with the acquisition
or disposition of any business, assets or Equity Interest of a Restricted Subsidiary otherwise permitted under this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
arising from the honoring by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient
funds in the ordinary course of business; provided, however, that such Indebtedness is extinguished within five business days of
incurrence, and Indebtedness arising from negative account balances in cash pooling arrangements arising in the ordinary course
of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>obligations
of the Parent or its Restricted Subsidiaries in respect of customer advances received and held in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(q)&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(r)&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(s)&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
of Parent or any of its Restricted Subsidiaries consisting of (i)&nbsp;the financing of insurance premiums or (ii)&nbsp;take-or-pay
obligations contained in supply arrangements in each case, incurred in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(u)&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
incurred in the ordinary course of business in respect of obligations of the Parent or any Restricted Subsidiary to pay the deferred
purchase price of goods or services or progress payments in connection with such goods and services; <U>provided</U>, that such
obligations are incurred in connection with open accounts extended by suppliers on customary trade terms in the ordinary course
of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Indebtedness
(i)&nbsp;owed on a short-term basis of no longer than 30 days to banks and other financial institutions incurred in the ordinary
course of business of Parent and its Restricted Subsidiaries with such banks or financial institutions that arises in connection
with ordinary banking arrangements to manage cash balances of Parent and its Restricted Subsidiaries and (ii)&nbsp;in respect of
overdraft facilities, employee credit card programs, netting services, automatic clearinghouse arrangements and other cash management
services entered into in the ordinary course of business; <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Indebtedness
of any member of the Target Group permitted to survive the Target Acquisition under the terms of the Scheme Documents or Offer
Documents not secured by assets of Parent or its Restricted Subsidiaries (other than the Target and its Subsidiaries) or guaranteed
by Parent or its Restricted Subsidiaries (other than the Target and its Subsidiaries); and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>x</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>y</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>other
Indebtedness in an aggregate principal amount not to exceed the Equivalent Amount of $50,000,000 at any time outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Liens</U>.
The Borrowers will not, nor will they permit any Restricted Subsidiary to, create, incur, assume or permit to exist any Lien on
any property or asset now owned or hereafter acquired by it, or, except to the extent permitted by <U>Section&nbsp;6.03</U>, <U>6.04</U>
or <U>6.05</U>, assign or sell any income or revenues (including accounts receivable) or rights in respect of any thereof, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Permitted
Encumbrances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
securing the Secured Obligations (including any requirement to provide cash collateral in respect thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
securing Indebtedness set forth in <U>Schedule 6.02</U> and refinancings of such Indebtedness; <U>provided</U> that, the aggregate
principal amount of such Indebtedness shall not be increased since the Effective Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
arising in the ordinary course of business in favor of customs and revenue authorities arising as a matter of law to secure payment
of customs duties in connection with the importation of goods;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
on the assets and properties of Persons which become Restricted Subsidiaries of Parent or on assets and properties acquired by
Parent or a Restricted Subsidiary after the date of this Agreement (including pursuant to any Permitted Acquisitions) securing
Indebtedness permitted hereby; <U>provided</U> that, such Liens are in existence at the time the respective Persons become Restricted
Subsidiaries of Parent or at the time such assets and properties are acquired by Parent or a Restricted Subsidiary and were not
created in anticipation thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
resulting from progress payments or partial payments under United States government contracts or subcontracts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
existing on the assets and properties acquired by the Borrowers or their Restricted Subsidiaries in the ordinary course of business
prior to any such Borrower&rsquo;s or such Restricted Subsidiary&rsquo;s acquisition of such assets and properties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>bankers&rsquo;
Liens, rights of setoff and other similar Liens existing solely with respect to cash and cash equivalents on deposit in one or
more accounts maintained by Parent or any Restricted Subsidiary of Parent, in each case granted in the ordinary course of business
in favor of the bank or banks with which such accounts are maintained, securing amounts owing to such bank with respect to cash
management and operating account arrangements, including those involving pooled accounts and netting arrangements;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>leases
or subleases granted to others not interfering in any material respect with the business of Parent or any Restricted Subsidiary
of Parent and any interest or title of a lessor under any lease (whether a Capital Lease <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Obligation</U></FONT>
or an operating lease) permitted by this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
arising from the granting of a lease or license to enter into or use any asset (including intellectual property) of Parent or any
Restricted Subsidiary of Parent to any Person in the ordinary course of business of Parent or such Restricted Subsidiary (including
joint marketing and joint development) that does not interfere in any material respect with the use or application by Parent or
such Restricted Subsidiary of the asset subject to such license in the business of Parent or such Restricted 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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
attaching solely to cash earnest money deposits made by Parent or any Restricted Subsidiary of Parent in connection with any letter
of intent or purchase agreement entered into in connection with a Permitted Acquisition or other Investment permitted hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
arising from precautionary UCC financing statements (or analogous personal property security filings or registrations in other
jurisdictions) regarding operating leases;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
on insurance policies and proceeds thereof to secure premiums thereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
relating solely to employee contributions withheld from pay imposed by applicable pension law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
on Equity Interests issued by a joint venture of Parent or any of its Restricted Subsidiaries (but that is not a Restricted Subsidiary
of Parent) securing Indebtedness of such joint venture permitted hereunder so long as such Indebtedness is recourse to Parent and/or
its Restricted Subsidiaries solely to the extent of such Equity Interest;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
securing Indebtedness permitted under <U>Section&nbsp;6.01(d)</U>, <U>Section&nbsp;6.01(e)</U>&nbsp;and <U>Section&nbsp;6.01(i)</U>;
<FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(q)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Liens
on property and assets of the Target and its Subsidiaries permitted to survive the Target Acquisition; and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>q</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>r</U></FONT><FONT STYLE="color: #010000">)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Liens
securing Indebtedness and other obligations or liabilities not expressly permitted by clauses (a)&nbsp;through (<FONT STYLE="color: red"><STRIKE>p</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>r</U></FONT>)
above; <U>provided</U> that the aggregate principal amount of the Indebtedness and other obligations or liabilities secured by
the Liens permitted by this <U>clause (</U><FONT STYLE="color: red"><U><STRIKE>q</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT><U>)</U>
shall not exceed an aggregate amount equal to the Equivalent Amount of $50,000,000 at any time outstanding (for purposes of this
<U>clause (</U><FONT STYLE="color: red"><U><STRIKE>q</STRIKE></U></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT><U>)</U>,
the amount of such obligations or liabilities (other than with respect to Indebtedness) shall equal the amounts for such obligations
or liabilities set forth in the financial statements then last delivered to the Administrative Agent under <U>Section&nbsp;5.01(a)</U>&nbsp;and
<U>Section&nbsp;5.01(b)</U>&nbsp;or, to the extent not set forth in such financial statements, as determined in good faith by a
Financial Officer of Parent).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Fundamental
Changes</U>. (a)&nbsp;The Borrowers will not, nor will they permit any of their Restricted Subsidiaries to, merge into or consolidate
with any other Person (including pursuant to a Delaware LLC Division), or permit any other Person (including pursuant to a Delaware
LLC Division) to merge into or consolidate with, or liquidate or dissolve or commence a Bankruptcy Action, except that, (i)&nbsp;any
Restricted Subsidiary may merge into a Borrower in a transaction in which such Borrower is the surviving entity, (ii)&nbsp;any
Restricted Subsidiary may merge into any Restricted Subsidiary in a transaction in which the surviving entity is a Restricted Subsidiary
(and, if either such Restricted Subsidiary is a Loan Guarantor, then the surviving entity shall also be or become a Loan Guarantor);
<U>provided</U> that if a Foreign Borrower is a party to any such transaction, either such Foreign Borrower shall be the surviving
entity or the surviving entity thereof shall assume the obligations of such Foreign Borrower under this Agreement and the other
Loan Documents pursuant to such documents, instruments and agreements and further actions which the Administrative Agent may reasonably
request (including, without limitation, one or more opinions of legal counsel) in form and substance acceptable to the Administrative
Agent, (iii)&nbsp;any Restricted Subsidiary (other than a Restricted Subsidiary that is a Borrower) may liquidate or dissolve if
Parent determines in good faith that such liquidation or dissolution is in the best interests of Parent and its Restricted Subsidiaries
and is not materially disadvantageous to the Lenders (provided that in the event any such liquidation or dissolution involves a
Loan Guarantor then the assets of such Restricted Subsidiary (if any) shall be transferred to Parent or another Loan Guarantor),
(iv)&nbsp;any Restricted Subsidiary of the Parent may consummate a merger, dissolution, liquidation or consolidation, the purpose
of which is to effect an Excluded Asset Disposition or Asset Disposition otherwise permitted pursuant to <U>Section&nbsp;6.04</U>,
an Investment otherwise permitted under <U>Section&nbsp;6.05</U> or a Restricted Payment otherwise permitted under <U>Section&nbsp;6.07</U>,
<FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(v)&nbsp;upon the occurrence of an Adverse Tax Ruling with respect to SWM
Brazil or at any time from and after the Effective Date with respect to P de Mal, Parent may (A)&nbsp;abandon, transfer or otherwise
dispose of its Equity Interest in SWM South, SWM Brazil or P de Mal, as applicable, to any one or more Persons or (B)&nbsp;undertake
a Bankruptcy Action if Parent determines in good faith that such abandonment, transfer, disposition or Bankruptcy Action is in
the best interests of Parent and its Restricted Subsidiaries <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (vi)&nbsp;Parent
and its Subsidiaries may effect the Transactions</U></FONT>; <U>provided</U> that any such merger involving a Person that is not
a wholly-owned Subsidiary immediately prior to such merger shall not be permitted unless also permitted by Section&nbsp;6.04.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers will not, and will not permit any of their Restricted Subsidiaries to, engage to any material extent in any business
other than businesses of the type conducted by the Borrowers and their Restricted Subsidiaries on the date of execution of this
Agreement and businesses corollary, ancillary, complementary or reasonably related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers will not permit its fiscal year to end on a day other than December&nbsp;31 or change the Borrowers&rsquo; method of
determining its fiscal quarters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Dispositions</U>.
The Borrowers will not, and will not permit any Restricted Subsidiary to, make any Asset Disposition, except for (i)&nbsp;Asset
Dispositions among Parent and its Restricted Subsidiaries, (ii)&nbsp;[reserved], (iii)&nbsp;Asset Dispositions to the extent made
in connection with an Investment in a Person permitted under <U>Section&nbsp;6.05</U>; (iv)&nbsp;other Asset Dispositions in an
aggregate amount not to exceed $200,000,000 per fiscal year, so long as (A)&nbsp;no Event of Default has occurred and is continuing
or would result from such Asset Disposition, (B)&nbsp;such Asset Disposition is made for fair market value, (C)&nbsp;at least seventy-five
percent (75%) of the consideration for such Asset Disposition is in the form of cash or cash equivalents (including Permitted Investments),
(D)&nbsp;Parent on a consolidated basis shall be in pro forma compliance (after giving effect to such Asset Disposition) with the
then applicable covenant level as set forth in <U>Section&nbsp;6.11(b)</U>, <I>minus</I> 0.25, calculated for the four (4)&nbsp;fiscal
quarter period ending on the last day of the most recently ended quarter for which financial statements of Parent have been delivered
to Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>(b)</U>&nbsp;and (E)&nbsp;the Net Cash Proceeds received
by Parent, any Loan Guarantor or, to the extent any prepayment with such Net Cash Proceeds would not result in an adverse tax consequence
(as determined in good faith by Parent), any Restricted Subsidiary of Parent or a Loan Guarantor, are used to prepay the Term Loans
in accordance with <U>Section&nbsp;2.11(c)</U>; (v)&nbsp;other Asset Dispositions in an unlimited amount so long as (A)&nbsp;no
Event of Default has occurred and is continuing or would result from such Asset Disposition, (B)&nbsp;such Asset Disposition is
made for fair market value, (C)&nbsp;at least seventy-five percent (75%) of the consideration for such Asset Disposition is in
the form of cash or cash equivalents (including Permitted Investments), (D)&nbsp;Parent on a consolidated basis shall have a Net
Debt to EBITDA Ratio (after giving effect to such Asset Disposition) of not greater than <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)&nbsp;prior
to the Closing Date,</U></FONT> 3.00 to 1.00<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
(y)&nbsp;on and after the Closing Date, 4.00 to 1.00, in each case</U></FONT> calculated for the four (4)&nbsp;fiscal quarter period
ending on the last day of the most recently ended quarter for which financial statements of Parent have been delivered to Administrative
Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>(b)</U>&nbsp;and (E)&nbsp;the Net Cash Proceeds received by Parent, any
Loan Guarantor or, to the extent any prepayment with such Net Cash Proceeds would not result in an adverse tax consequence (as
determined in good faith by Parent), any Restricted Subsidiary of Parent or a Loan Guarantor, are used to prepay the Term Loans
in accordance with <U>Section&nbsp;2.11(c)</U>; and (vi)&nbsp;Asset Dispositions not exceeding the lesser of (x)&nbsp;$20,000,000
per Asset Disposition (or series of related Asset Dispositions) and (y)&nbsp;$80,000,000 in the aggregate during the term of this
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.05.&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Investments,
Loans, Advances, Guarantees and Acquisitions</U>. The Borrowers will not, nor will they permit any of their Restricted Subsidiaries
to, purchase, hold or acquire (including pursuant to any merger with any Person that was not a wholly-owned Restricted Subsidiary
prior to such merger) any Equity Interests, evidences of indebtedness or other securities (including any option, warrant or other
right to acquire any of the foregoing) of, make or permit to exist any loans or advances to, Guarantee any Indebtedness of, or
make or permit to exist any investment or any other interest in, any other Person, or purchase or otherwise acquire (in one transaction
or a series of transactions) any assets of any other Person constituting a business unit (collectively, each an &ldquo;<B><I>Investment</I></B>&rdquo;),
except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Permitted
Investments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
existing on the date hereof and, to the extent in an amount in excess of $1,000,000, as set forth in <U>Schedule 6.05</U> (provided
that the aggregate amount of all such Investments not scheduled shall not exceed $5,000,000), and Investments consisting of any
modification, replacement, renewal, reinvestment or extension thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
(i)&nbsp;to consummate Permitted Acquisitions and (ii)&nbsp;consisting of transfers of the Equity Interests of any Foreign Subsidiary
acquired in a Permitted Acquisition by any Loan Party or other Restricted Subsidiary to any other Foreign Subsidiary to the extent
such transfer is not prohibited under <U>Section&nbsp;6.03</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;Investments
made by any Borrower to any Loan Guarantor and made by any Loan Guarantor to any Borrower or any other Loan Guarantor, (ii)&nbsp;Investments
made by any Restricted Subsidiary that is not a Loan Guarantor to any other Restricted Subsidiary that is not a Loan Guarantor,
(iii)&nbsp;Investments made by any Restricted Subsidiary that is not a Loan Guarantor to any Borrower or any Loan Guarantor and
(iv)&nbsp;Investments made by any Borrower to any Restricted Subsidiary that is not a Loan Guarantor and made by any Loan Guarantor
to any Restricted Subsidiary that is not a Loan Guarantor, at any time outstanding in an amount not to exceed the greater of $50,000,000
and 3.25% of Consolidated Total Assets and so long as at the time of such Investment pursuant to this clause (d)(iv), Parent on
a consolidated basis shall be in compliance with <U>Section&nbsp;6.11(b)</U>&nbsp;as of the last day of the most recently ended
quarter for which financial statements of Parent have been delivered to Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or
<U>Section&nbsp;5.01(b)</U>; <U>provided that</U> Investments made or outstanding under clause (d)(iv)&nbsp;above, but shall cease
to be made or outstanding for purposes of clause (d)(iv)&nbsp;above, but shall be deemed made or outstanding for purposes of clause
(f), from and after the date the Borrowers and their Restricted Subsidiaries could have made such Investment pursuant to clause
(f);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Guarantees
constituting Indebtedness permitted by <U>Section&nbsp;6.01</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
other Investments (other than any such Investments made in connection with acquiring from any Person other than Parent or a Subsidiary
(i)&nbsp;all or substantially all of the assets of a Person, (ii)&nbsp;all or substantially all of any business or division of
a Person, or (iii)&nbsp;a majority or more of the Equity Interests of any Person), so long as after giving effect to any such Investment,
Parent on a consolidated basis shall have a Net Debt to EBITDA Ratio (after giving effect to any such Investment, calculated on
a pro forma basis) of not greater than the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>lesser of (x)&nbsp;4.75 to
1.00 and (y)&nbsp;the</U></FONT> then applicable covenant level as set forth in <U>Section&nbsp;6.11(b)</U><I>&nbsp;minus</I> 0.25,
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in each case</U></FONT> calculated for the four (4)&nbsp;fiscal quarter
period ending on the last day of the most recently ended quarter for which financial statements of Parent have been delivered to
Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>Section&nbsp;5.01(b)</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;Banking
Services entered into the ordinary course of business and (ii)&nbsp;Swap Agreements entered into by any Borrower or any Subsidiary
permitted by <U>Section&nbsp;6.05</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>other
Investments in an aggregate amount at any time outstanding not to exceed the greater of (x)&nbsp;$50,000,000 and (y)&nbsp;3.25%
of Consolidated Total Assets at the time such Investment is made; <U>provided</U> that Investments made or outstanding under this
clause (h)&nbsp;shall cease to be made or outstanding for purposes of this clause (h), but shall be deemed made or outstanding
for purposes of clause (f), from and after the date the Borrowers and their Restricted Subsidiaries could have made such Investment
pursuant to clause (f);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
(other than any such Investments made in connection with acquiring from any Person other than Parent or a Subsidiary (i)&nbsp;all
or substantially all of the assets of a Person, (ii)&nbsp;all or substantially all of any business or division of a Person, or
(iii)&nbsp;a majority or more of the Equity Interests of any Person) in exchange for consideration consisting solely of Equity
Interests of Parent (or net cash proceeds from a substantially concurrent sale of Equity Interests of the Parent);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>receivables
owing to Parent or any Restricted Subsidiary created or acquired in the ordinary course of business and payable or dischargeable
in accordance with customary trade terms; <U>provided</U>, <U>however</U>, that such trade terms may include such concessionary
trade terms as the Parent or any such Restricted Subsidiary deems reasonable under the circumstances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>payroll,
commission, travel and similar advances to cover matters that are reasonably expected at the time of such advances ultimately to
be treated as expenses for accounting purposes and that are made in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>loans
or advances to employees, officers or directors of Parent or any Restricted Subsidiary in the ordinary course of business in an
aggregate amount at any time outstanding not to exceed $15,000,000 with respect to all loans or advances made since the Effective
Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Investment acquired by Parent or any of its Restricted Subsidiaries, (i)&nbsp;in exchange for any other Investment or accounts
receivable held by Parent or any such Restricted Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization
or recapitalization of the issuer of such other Investment or accounts receivable, or (ii)&nbsp;as a result of a foreclosure by
Parent or any of its Restricted Subsidiaries with respect to any secured Investment or other transfer of title with respect to
any secured Investment in default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
received in settlement of amounts due to the Parent or any Restricted Subsidiary effected in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
made as a result of the receipt of non-cash consideration from an Asset Disposition that was made pursuant to and in compliance
with <U>Section&nbsp;6.04</U> or from any other disposition of assets or properties constituting an Excluded Asset Disposition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
made in connection with the funding of contributions under any non-qualified retirement plan or similar employee compensation plan
in an amount not to exceed the amount of compensation expense recognized by Parent and its Restricted Subsidiaries in connection
with such plans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
consisting of (i)&nbsp;the licensing, sublicensing or contribution of intellectual property pursuant to joint marketing arrangements
and joint development arrangements with other Persons (including the grant of use and access rights in respect thereof) or (ii)&nbsp;the
licensing, sublicensing, cross-licensing, pooling or contribution of, or similar arrangements with respect to, intellectual property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(r)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>prepaid
expenses, negotiable instruments held for collection, lease, utility, workers&rsquo; compensation, performance and other similar
deposits provided to third parties in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(s)&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(t)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
consisting of purchases and acquisitions of inventory, supplies, material or equipment, or other similar assets in the ordinary
course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(u)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>pledges
or deposits with respect to leases or utilities provided to third parties in the ordinary course of business or Investments otherwise
constituting Permitted Liens;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
consisting of earnest money deposits required in connection with a purchase agreement, or letter of intent, or other acquisitions
to the extent not otherwise prohibited by this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(w)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
in any Restricted Subsidiary in connection with intercompany cash management arrangements, cash pooling arrangements or related
activities arising in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
forgiveness or conversion to equity of any Indebtedness (i)&nbsp;owed by any Loan Party to any other Loan Party or (ii)&nbsp;of
any Loan Party owed to any other Person (other than a Loan Party); <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(y)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Investments
consisting of or resulting from Indebtedness permitted pursuant to <U>Section&nbsp;6.01</U>, fundamental changes permitted pursuant
to <U>Section&nbsp;6.03</U>, Restricted Payment permitted pursuant to <U>Section&nbsp;6.07</U> or prepayments, redemptions, purchases,
defeasances or other satisfactions permitted pursuant to <U>Section&nbsp;6.12</U><FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(z)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
Transactions.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Swap
Agreements</U>. The Borrowers will not, and will not permit any Restricted Subsidiary to, enter into any Swap Agreement, except
(a)&nbsp;Swap Agreements entered into to hedge or mitigate risks to which any such Borrower or any Restricted Subsidiary has actual
exposure (other than those in respect of Equity Interests of any such Borrower or any of its Subsidiaries) and (b)&nbsp;Swap Agreements
entered into in order to effectively cap, collar or exchange interest rates (from fixed to floating rates, from one floating rate
to another floating rate or otherwise) with respect to any interest-bearing liability or investment of any such Borrower or any
Restricted 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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Restricted
Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Borrowers will not, nor will they permit any of their Restricted Subsidiaries to, declare, pay or make, directly or indirectly,
any Restricted Payment, except (i)&nbsp;Restricted Subsidiaries may declare and pay dividends with respect to their Equity Interests
payable solely in additional shares of their respective Equity Interests, (ii)&nbsp;Restricted Subsidiaries may declare and make
Restricted Payments (A)&nbsp;ratably with respect to their Equity Interests and/or (B)&nbsp;to Parent or any wholly-owned Subsidiary
of Parent, (iii)&nbsp;the Borrowers and their Restricted Subsidiaries may make Restricted Payments pursuant to and in accordance
with equity incentive plans or other benefit plans for management or employees of the Borrowers and their Restricted Subsidiaries,
(iv)&nbsp;Parent may declare and pay cash dividends or make cash distributions with respect to its Equity Interests, so long as
prior to and after giving effect to any such dividend or distribution, Parent on a consolidated basis shall have a Net Debt to
EBITDA Ratio (after giving pro forma effect to any such dividend or distribution) of not greater than 4.25:1.00, calculated for
the four (4)&nbsp;fiscal quarter period ending on the last day of the most recently ended quarter for which financial statements
of Parent have been delivered to Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>Section&nbsp;5.01(b)</U>,
(v)&nbsp;Parent may declare and pay cash dividends on its outstanding common Equity Interests, so long as the aggregate dollar
amount of such cash dividends in any calendar year shall not exceed the greater of (x)&nbsp;$60,000,000 and (y)&nbsp;25% of EBITDA
for the four fiscal quarter most recently ended at the time of the declaration of such Restricted Payment, (vi)&nbsp;the issuance
of any Equity Interests of Parent or any Restricted Subsidiary in exchange for the termination of any Indebtedness (including intercompany
Indebtedness) and not involving a cash advance made by Parent or any Restricted Subsidiary, and (vii)&nbsp;cash payments, in lieu
of issuance of fractional shares, in connection with the exercise of warrants, options or other securities convertible into or
exchangeable for Equity Interest of Parent or a Restricted Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Parent
will not purchase, redeem or otherwise acquire any shares of its Equity Interests except that Parent may purchase, redeem or otherwise
acquire (i)&nbsp;shares of its Equity Interests, so long as prior to and after giving effect to any such purchase, redemption or
other acquisition, Parent on a consolidated basis shall have a Net Debt to EBITDA Ratio (after giving pro forma effect thereto)
of not greater than 4.25:1.00 for the four (4)&nbsp;fiscal quarter period ending on the last day of the most recently ended quarter
for which financial statements of Parent have been delivered to Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or
<U>Section&nbsp;5.01(b)</U>, (ii)&nbsp;its Equity Interests in connection with its employee 401(k)&nbsp;retirement plan or other
equity compensation arrangement, and (iii)&nbsp;its Equity Interests sold in connection with a cashless exercise of stock options
granted under Parent&rsquo;s equity participation plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Transactions
with Affiliates</U>. The Borrowers will not, nor will they permit any of their Restricted Subsidiaries to, sell, lease or otherwise
transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in
any other transactions with, any of its Affiliates with a fair market value (for any individual transaction or series of related
transactions) in excess of $2,500,000, except (a)&nbsp;at prices and on terms and conditions materially not less favorable, taken
as a whole, to any Borrower or such Restricted Subsidiary than could be obtained on an arm&rsquo;s-length basis from unrelated
third parties (as determined in good faith by Parent), (b)&nbsp;transactions between or among the Borrowers and their wholly owned
Restricted Subsidiaries or any entity that becomes a Restricted Subsidiary as a result of such transaction not involving any other
Affiliate, (c)&nbsp;any Restricted Payment permitted by <U>Section&nbsp;6.07</U>, (d)&nbsp;any transaction which is not permitted
(in whole or in part) under <U>Section&nbsp;6.08(a)</U>&nbsp;above entered into by Parent or any of its Restricted Subsidiaries
with a joint venture or non-wholly owned Restricted Subsidiary of Parent or any of its Restricted Subsidiaries to the extent such
transaction (or the portion thereof which is not permitted under <U>Section&nbsp;6.08(a)</U>) constitutes an Investment permitted
under <U>Section&nbsp;6.05</U>, (e)&nbsp;customary fees paid, and reimbursement of reasonable expenses, to members of the board
of directors of Parent or any of its Restricted Subsidiaries, (f)&nbsp;customary compensation (including salaries and bonuses)
paid, and reimbursement of reasonable expenses, to officers and employees of Parent or any Restricted Subsidiary of Parent, (g)&nbsp;[reserved],
(h)&nbsp;any agreement or arrangement as in effect on the Effective Date and set forth in <U>Schedule 6.08</U>, and any amendment
or modification thereto so long as such amendment or modification is not more disadvantageous, taken as a whole, in any material
respect to the Lenders than the agreement or arrangement in existence on the Effective Date, (i)&nbsp;the issuance, sale or transfer
of Equity Interests of Parent and the granting of registration and other customary rights in connection therewith or any contribution
to the capital of the Parent or any Restricted Subsidiary, (j)&nbsp;transactions permitted by, and complying with, the provisions
of <U>Section&nbsp;6.03</U>, <FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(k)&nbsp;transactions between Parent or any of
its Restricted Subsidiaries and any Person that constitutes an Affiliate solely because a director of which is also a director
of Parent or such Restricted Subsidiary<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, (l)&nbsp;transactions with
the Target and/or its Subsidiaries to the extent necessary to consummate the Transactions and (m)&nbsp;transactions existing at
or with the Target or its Subsidiaries permitted to survive the Target Acquisition</U></FONT>; <U>provided</U> that such director
abstains from voting as a director of Parent or such Restricted Subsidiary on any matter involving such other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.09.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Restrictive
Agreements</U>. The Borrowers will not, nor will they permit any of their Restricted Subsidiaries to, directly or indirectly, enter
into, incur or permit to exist any agreement or other contractual arrangement that prohibits or restricts (a)&nbsp;the ability
of any such Borrower or any such Restricted Subsidiary to create, incur or permit to exist any Lien upon any of the property or
assets of such Borrower or such Restricted Subsidiary as security for the Obligations or (b)&nbsp;the ability of such Restricted
Subsidiary to pay dividends or other distributions with respect to any shares of its capital stock or to make or repay loans or
advances to any Borrower or any other Restricted Subsidiary or to Guarantee Indebtedness of any such Borrower or any other Restricted
Subsidiary; provided that (i)&nbsp;the foregoing shall not apply to prohibitions or restrictions imposed by law, rule, regulation,
order, approval, license, permit or similar restriction, by any of the Loan Documents, by any of the documents governing the Senior
Notes or by the documents governing any other capital markets Indebtedness, <U>provided</U> that the prohibitions or restrictions
set forth in such documents are not materially more restrictive, taken as a whole, with respect to such prohibitions or restrictions
than those contained in the documents governing the Senior Notes as determined in the good faith judgment of the Parent, (ii)&nbsp;the
foregoing shall not apply to prohibitions or restrictions existing on the Effective Date (but shall apply to any extension or renewal
of, or any amendment or modification expanding the scope of, any such prohibitions or restriction except to the extent otherwise
provided for herein), (iii)&nbsp;the foregoing shall not apply to customary prohibitions or restrictions contained in agreements
relating to the sale of assets or Equity Interests of a Subsidiary pending such sale, <U>provided</U> that such restrictions and
conditions apply only to the Subsidiary or such Equity Interests that are to be sold and such sale is permitted hereunder, (iv)&nbsp;clause
(a)&nbsp;of the foregoing shall not apply to prohibitions or restrictions imposed by any agreement relating to secured Indebtedness
permitted by this Agreement if such prohibitions or restrictions apply only to the property or assets securing such Indebtedness,
(v)&nbsp;clause (a)&nbsp;of the foregoing shall not apply to customary provisions in leases restricting the assignment thereof,
(vi)&nbsp;the foregoing shall not apply to prohibitions or restrictions in joint venture agreements, asset sale agreements, sale-leaseback
agreements, stock sale agreements and other similar agreements, which restrictions relate solely to the activities of such joint
venture or are otherwise applicable only to the assets that are the subject to such agreement, (vii)&nbsp;the foregoing shall not
apply to any such agreement imposed in connection with consignment agreements entered into in the ordinary course of business,
(viii)&nbsp;the foregoing shall not apply to customary anti-assignment provisions (including provisions prohibiting a sublet or
sublicense) contained in agreements entered into in the ordinary course of business, (ix)&nbsp;the foregoing shall not apply to
customary subordination of subrogation, contribution and similar claims contained in guaranties permitted hereunder, (x)&nbsp;the
foregoing shall not apply to customary prohibitions or restrictions on cash deposits or other deposits or net worth imposed by
customers or suppliers under contracts entered into in the ordinary course of business, (xi)&nbsp;the foregoing shall not apply
to customary restrictions on the transfer, lease, or license of any property or asset of any Loan Party or any of its Restricted
Subsidiaries in effect on the Effective Date that were entered into in the ordinary course of business, (xii)&nbsp;clause (b)&nbsp;of
the foregoing shall not apply to restrictions contained in agreements governing intercompany Indebtedness permitted by <U>Section&nbsp;6.01</U>;
<U>provided</U>, that any notes or other instruments governing such intercompany Indebtedness may not be subject to a Lien other
than Permitted Encumbrances and Liens securing the Secured Obligations, (xiii)&nbsp;the foregoing shall not apply to prohibitions
or restrictions in documents governing Indebtedness assumed or incurred under <U>Section&nbsp;6.01(d)</U>, <U>Section&nbsp;6.01(e)</U>&nbsp;or
<U>Section&nbsp;6.01(f)</U>&nbsp;or existing with respect to any Person or the property or assets of such Person acquired by Parent
or any Subsidiary of Parent in an acquisition permitted hereunder; <U>provided</U>, <U>further</U>, that such prohibitions or restrictions
permitted by this clause (xiii)&nbsp;are not applicable to any Person or the property or assets of any Person other than such acquired
Person or the property or assets of such acquired Person, (xiv)&nbsp;the foregoing shall not apply to prohibitions or restrictions
pursuant to any agreement effecting a permitted renewal, refunding, replacement, refinancing or extension of Indebtedness issued
pursuant to an agreement containing any prohibition or restriction otherwise referred to in this <U>Section&nbsp;6.09</U>, so long
as such prohibitions and restrictions contained in any such agreement are not materially more restrictive, taken as a whole, with
respect to such prohibitions and restrictions than those contained in the agreements governing the Indebtedness being renewed,
refunded, replaced, refinanced or extended as determined in the good faith judgment of the Parent <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
(xv)&nbsp;the foregoing shall not apply to any other agreement governing Indebtedness entered into after the Effective Date in
compliance with <U>Section&nbsp;6.01</U> that contains prohibitions or restrictions that are, in the good faith judgment of the
Parent, not materially more restrictive, taken as a whole, than those in effect on the Effective Date<FONT STYLE="color: red"><STRIKE>.
</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and (xvi)&nbsp;the foregoing shall not apply to prohibitions
or restrictions in documents governing Indebtedness assumed in connection with the Target Acquisition (to the extent permitted
to survive the Target Acquisition pursuant to the Scheme Documents).</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Amendment
of Organizational Documents</U>. No Loan Party shall amend, modify or waive any of its rights under its articles of association,
certificate of incorporation, by-laws, operating, management or partnership agreement or other organizational documents to the
extent any such amendment, modification or waiver would be materially adverse to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Financial
Covenants</U>. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Solely with respect to the Revolving Credit Facility
and the Term A Facility:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interest
Coverage Ratio</U>. Borrowers shall not permit the Interest Coverage Ratio to be less than 3.00 to 1.00 as of the last day of any
fiscal quarter for the four fiscal quarter period then ending.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maximum
Net Debt to EBITDA Ratio</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Borrowers
shall not permit the Net Debt to EBITDA Ratio to be greater than, as of the last day of any four fiscal quarter period ending after
December&nbsp;31, 2018 <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and prior to the Closing Date</U></FONT>, 4.50
to 1.00; <U>provided</U>, <U>however</U>, that during any Material Acquisition Period the Borrowers shall not permit the Net Debt
to EBITDA Ratio to be greater than, as of the last day of any four fiscal quarter period ending during such Material Acquisition
Period, 5.00:1.00.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Borrowers
shall not permit the Net Debt to EBITDA Ratio to be greater than, as of the last day of any four fiscal quarter period ending on
and after the Closing Date, the ratio set forth opposite such fiscal quarter in the table below:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 82%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; border: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Fiscal quarter ended on or after the Closing Date</U></B></FONT></TD>
    <TD STYLE="width: 50%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Maximum Net Debt to EBITDA Ratio</U></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: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>1st through 4<SUP>th</SUP> fiscal quarters</U></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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>5.50 to 1.00</U></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: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>5th fiscal quarter</U></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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>5.25 to 1.00</U></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: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>6th fiscal quarter</U></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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>5.00 to 1.00</U></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: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>7<SUP>th</SUP> and 8th fiscal quarters</U></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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>4.75 to 1.00</U></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: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>9th fiscal quarter and fiscal quarters thereafter</U></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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>4.50 to 1.00</U></FONT></TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>provided,
however, that notwithstanding the foregoing, on and after the last day of the seventh fiscal quarter following the Closing Date,
during any Material Acquisition Period, the Borrowers shall not permit the Net Debt to EBITDA Ratio to be greater than, as of the
last day of any four fiscal quarter period ending during such Material Acquisition Period, 5.00 to 1.00.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">Notwithstanding anything to the
contrary contained herein, solely for purposes of this Section&nbsp;6.11, in no event shall there be more than one Material Acquisition
Period during any six fiscal quarter period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Prepayments
of Junior Indebtedness</U>. The Borrowers will not prepay, redeem, purchase, repurchase, defease or otherwise satisfy prior to
the scheduled maturity thereof the principal amount outstanding under the Senior Notes or any Material Subordinated Indebtedness
(collectively, &ldquo;<B><I>Junior Indebtedness</I></B>&rdquo;), or make any prepayment of principal in violation of any subordination
terms thereof; except (i)&nbsp;for prepayments, redemptions, purchases, repurchases, defeasances or other satisfactions of intercompany
Indebtedness, (ii)&nbsp;that refinancings, refundings, renewals, extensions or exchanges of any Junior Indebtedness to the extent
permitted by <U>Section&nbsp;6.01</U> (including intercompany Indebtedness) shall be permitted, (iii)&nbsp;for conversions, exchanges,
redemptions, repayments or prepayments of such Indebtedness into, or for, Equity Interests of Parent, (iv)&nbsp;that AHYDO Catch-Up
Payments shall be permitted, (v)&nbsp;for prepayments, redemptions, purchases, repurchases, defeasances or other satisfactions
made with (A)&nbsp;any capital contributions made in cash by any Person other than a Restricted Subsidiary to Parent after the
Effective Date, and (B)&nbsp;any net cash proceeds of any issuance of Equity Interests after the Effective Date of Parent to any
Person other than a Restricted Subsidiary, and to the extent such proceeds and contributions are applied in compliance with the
applicable &ldquo;equity clawback&rdquo; provisions set forth in the documents governing such Junior Indebtedness, (vi)&nbsp;for
prepayments, redemptions, purchases, repurchases, defeasances or other satisfactions of such Indebtedness within sixty (60) days
of the date of the Redemption Notice (as defined below) if, at the date of any prepayment, redemption, purchase, repurchase, defeasance
or other satisfaction notice provided in respect thereof (the &ldquo;<B><I>Redemption Notice</I></B>&rdquo;), such prepayment,
redemption, purchase, repurchase, defeasance or other satisfaction would have complied with another provision of this Section&nbsp;6.12;
<FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(vii)&nbsp;that prepayments, redemptions, purchases, repurchases, defeasances
or other satisfactions may be made if (<FONT STYLE="color: red"><STRIKE>i</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>)
no Event of Default shall have occurred and be continuing or would result therefrom, and (<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>B</U></FONT>)
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)&nbsp;prior to the Closing Date,</U></FONT> the Senior Secured Net
Debt to EBITDA Ratio (after giving effect to such prepayment, redemption, purchase, repurchase, defeasance or other satisfaction,
calculated on a pro forma basis) does not exceed 3.50 to 1.00<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
(y)&nbsp;on and after the Closing Date, the Net Debt to EBITDA Ratio (after giving effect to such prepayment, redemption, purchase,
repurchase, defeasance or other satisfaction, calculated on a pro forma basis) does not exceed 4.25 to 1.00, in each case</U></FONT>
calculated for the four (4)&nbsp;fiscal quarter period ending on the last day of the most recently ended quarter for which financial
statements of Parent have been delivered to Administrative Agent pursuant to <U>Section&nbsp;5.01(a)</U>&nbsp;or <U>(b)<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">;
and (viii)&nbsp;prepayments of Junior Indebtedness of the Target, if any, in connection with the Transactions shall be permitted</FONT></U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;6.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Use
of Proceeds</U>. No Borrower will request any Borrowing or Letter of Credit, and no Borrower shall use, and each Borrower shall
reasonably procure that none of its Subsidiaries and, to its knowledge, none of their respective directors, officers, employees
and agents shall use, the proceeds of any Borrowing or Letter of Credit (A)&nbsp;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, (B)&nbsp;for the purpose of funding, financing or facilitating any activities, business or transaction of or with any Sanctioned
Person, or in any Sanctioned Country to the extent such activities, businesses or transaction would be prohibited by Sanctions
if conducted by a corporation incorporated in the United States or in a European Union member state, or (C)&nbsp;in any manner
that would result in the violation, in any material respect, of any Sanctions applicable to any party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;VII</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Events
of Default</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;7.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Events
of Default</U>. If any of the following events (&ldquo;<B><I>Events of Default</I></B>&rdquo;) shall occur:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;(a)&nbsp;
the Borrowers shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement or
any cash collateral amount due pursuant to Section&nbsp;2.06(j)&nbsp;when and as the same shall become due and payable, whether
at the due date thereof or at a date fixed for prepayment thereof or otherwise;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Borrowers shall fail to pay any interest on any Loan or any fee or any other amount (other than an amount referred to in clause
(a)&nbsp;of this Article) payable under this Agreement or any other Loan Document, when and as the same shall become due and payable,
and such failure shall continue unremedied for a period of five Business Days;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
representation or warranty made or deemed made by or on behalf of any Borrower or any Subsidiary in or in connection with this
Agreement, any other Loan Document, or any amendment or modification hereof or thereof or waiver hereunder or thereunder, or in
any report, certificate, financial statement or other document furnished pursuant to or in connection with this Agreement or any
other Loan Document, or any amendment or modification hereof or thereof or waiver hereunder or thereunder, shall prove to have
been incorrect in any material respect when made or deemed made <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(or,
</U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: green">if qualified by materiality, in all respects)</FONT></U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Borrowers shall (x)&nbsp;fail to observe or perform any covenant, condition or agreement contained in <U>Section&nbsp;5.02(a)</U>,
<U>Section&nbsp;5.03</U> (with respect to the Borrowers&rsquo; existence) <FONT STYLE="color: red"><STRIKE>or</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT><U>
Section&nbsp;5.08</U>, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Section&nbsp;5.15, Section&nbsp;5.16</U></FONT>
or in Article&nbsp;VI or (y)&nbsp;fail to observe or perform any covenant, condition or agreement contained in <U>Section&nbsp;5.02</U>
(other than <U>Section&nbsp;5.02(a)</U>) and such failure is not remedied within ten (10)&nbsp;Business Days of such failure; <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>provided,
that the breach of the terms or provisions in Section&nbsp;6.11 (a &ldquo;<B><I>Financial Covenant Default</I></B>&rdquo;) shall
not constitute an Event of Default with respect to any Loans or Commitments hereunder, other than the Revolving Loans, Term A Loans,
Revolving Credit Commitments and Term A Commitments, until the date on which the Revolving Loans and Term A Loans (if any) have
been accelerated, and the Revolving Credit Commitments and Term A Commitments (if any) have been terminated, in each case, by the
Required TLA/RC Lenders;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Borrowers shall fail to observe or perform any covenant, condition or agreement contained in this Agreement (other than those specified
in clause (a), (b)&nbsp;or (d)&nbsp;of this Article) or any other Loan Document, and such failure shall continue unremedied for
a period of thirty (30) days after notice thereof from the Administrative Agent or the Required Lenders to the Borrowers;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Borrowers or any Material Subsidiary shall fail to make any payment in respect of any Material Indebtedness (other than the Obligations),
when and as the same shall become due and payable, <U>provided</U> that such default or failure remains unremedied or has not been
waived by the holders of such Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
default or event of default occurs under any Material Indebtedness and continues beyond any applicable grace, notice or cure period,
that results in any Material Indebtedness becoming due prior to its scheduled maturity or that enables or permits the holder or
holders of any Material Indebtedness or any trustee or agent on its or their behalf to cause any Material Indebtedness to become
due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; <U>provided</U>
that this clause (g)&nbsp;shall not apply to (i)&nbsp;secured Indebtedness that becomes due as a result of the voluntary sale or
transfer of the property or assets securing such Indebtedness and (ii)&nbsp;a regularly scheduled required prepayment or redemption,
prior to the stated maturity thereof; and <U>provided further</U> that such default or event of default remains unremedied or has
not been waived by the holders of such Indebtedness; <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>provided, further,
that any breach of the covenants set forth in Section&nbsp;6.11 giving rise to an event described in this Section&nbsp;7.01(g)&nbsp;shall
not, by itself, constitute an Event of Default under the Term B Facility until the date on which the Revolving Loans and Term A
Loans (if any) have been accelerated, and the Revolving Credit Commitments and Term A Commitments (if any) have been terminated,
in each case, by the Required TLA/RC Lenders;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>an
involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i)&nbsp;liquidation, reorganization
or other relief in respect of any Loan Party or any Material Subsidiary (other than, from and after and as a result of the occurrence
of an Adverse Tax Ruling, SWM Brazil) or its debts, or of a substantial part of its assets, under any federal, state or foreign
bankruptcy, insolvency, receivership or similar law now or hereafter in effect or (ii)&nbsp;the appointment of a receiver, trustee,
custodian, sequestrator, conservator or similar official for any Loan Party or any Material Subsidiary (other than, from and after
and as a result of the occurrence of an Adverse Tax Ruling, SWM Brazil) or for a substantial part of its assets, and, in any such
case, such proceeding or petition shall continue undismissed for sixty (60) days or an order or decree approving or ordering any
of the foregoing shall be entered;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;
any Loan Party or any Material Subsidiary (other than, from and after and as a result of the occurrence of an Adverse Tax Ruling,
SWM Brazil) shall (i)&nbsp;voluntarily commence any proceeding or file any petition seeking liquidation, reorganization or other
relief under any federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii)&nbsp;consent
to the institution of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in clause (h)&nbsp;of
this Article, (iii)&nbsp;apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or
similar official for any Borrower or any such Material Subsidiary or for a substantial part of its assets, (iv)&nbsp;file an answer
admitting the material allegations of a petition filed against it in any such proceeding, (v)&nbsp;make a general assignment for
the benefit of creditors or (vi)&nbsp;take any action for the purpose of effecting any of the foregoing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Loan Party or any Material Subsidiary (other than, from and after and as a result of the occurrence of an Adverse Tax Ruling, SWM
Brazil) shall become unable, admit in writing its inability or fail generally to pay its debts as they become due;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>one
or more judgments for the payment of money in an aggregate amount in excess of the Equivalent Amount of $40,000,000 (in excess
of insurance and third party indemnities) shall be rendered against any Loan Party, any Material Subsidiary or any combination
thereof (other than, from and after and as a result of the occurrence of an Adverse Tax Ruling, SWM Brazil) and the same shall
remain undischarged for a period of sixty (60) consecutive days during which execution shall not be effectively stayed, or any
action shall be legally taken by a judgment creditor to attach or levy upon all or a substantial part of the property of any Loan
Party, any Material Subsidiary or any combination thereof, and is not released, vacated or fully bonded within sixty (60) days
after its attachment or levy;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>an
ERISA Event shall have occurred that, when taken together with all other ERISA Events that have occurred, would reasonably be expected
to result in a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
Change in Control shall occur;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Loan Document or any material provisions thereof shall at any time be declared by a court of competent jurisdiction to be null
and void; or a proceeding shall be commenced by or on behalf of any Loan Party, or by any Governmental Authority, seeking to establish
the invalidity or unenforceability thereof (exclusive of questions of interpretation of any provision thereof); or any Loan Party
(directly or indirectly) shall repudiate, revoke, terminate or rescind (or purport to do any of the foregoing) or deny in writing
any portion of its liability or obligation for the Obligations (in each case, other than as a result of the repayment in full of
the Obligations (other than contingent obligations not then due and payable)); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>any
Collateral Document after delivery thereof pursuant to <U>Section&nbsp;4.01</U> or <U>5.09</U> shall for any reason (other than
pursuant to the terms hereof or thereof including as a result of a transaction permitted under <U>Section&nbsp;6.03</U> or <U>Section&nbsp;6.05</U>)
cease to create a valid and perfected lien, with the priority required by the Collateral Documents (or other security purported
to be created on the applicable Collateral) on and security interest in any material portion of the Collateral purported to be
covered thereby, subject to Permitted Liens, except to the extent that any such loss of perfection or priority results from the
failure of the Administrative Agent to file financing continuation statements or to maintain possession of certificates actually
delivered to it representing securities pledged under the Collateral Documents;</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">then, and in every such event (other than an event with respect
to the Borrowers or Material Subsidiaries described in clause (h)&nbsp;or (i)&nbsp;of this Article), and at any time thereafter
during the continuance of such event, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>subject to Section&nbsp;4.05,</U></FONT>
the Administrative Agent may, and at the request of the Required Lenders shall, by notice to the Borrowers, take either or both
of the following actions, at the same or different times: (i)&nbsp;terminate the Commitments (including the Swingline Commitments
and the Letter of Credit Commitments), and thereupon the Commitments shall terminate immediately, (ii)&nbsp;declare the Loans then
outstanding to be due and payable in whole (or in part, in which case any principal not so declared to be due and payable may thereafter
be declared to be due and payable), and thereupon the principal of the Loans so declared to be due and payable, together with accrued
interest thereon and all fees and other obligations of the Loan Parties accrued hereunder, shall become due and payable immediately,
without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Loan Parties, and (iii)&nbsp;require
cash collateral for the LC Exposure in accordance with <U>Section&nbsp;2.06(j)</U>&nbsp;hereof; and in case of any event with respect
to any Borrower or Material Subsidiary described in clause (h)&nbsp;or (i)&nbsp;of this Article, the Commitments shall automatically
terminate and the principal of the Loans then outstanding and cash collateral for the LC Exposure, together with accrued interest
thereon and all fees and other obligations of the Loan Parties accrued hereunder, shall automatically become due and payable, without
presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Loan Parties. Upon the occurrence
and the continuance of an Event of Default, the Administrative Agent may, and at the request of the Required Lenders shall, exercise
any rights and remedies provided to the Administrative Agent and/or Lenders under the Loan Documents or at law or equity. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Notwithstanding
the foregoing, during any period in which solely a Financial Covenant Default has occurred and is continuing, the Administrative
Agent may with the consent of, and shall at the request of, the Required TLA/RC Lenders (but subject to Section&nbsp;4.05) take
any of the foregoing actions in this paragraph, solely as they relate to the Revolving Lenders and Term A Lenders (versus the Lenders),
the Revolving Credit Commitments and Term A Commitments (versus the Commitments), the Revolving Loans, the Swing Loans and the
Term A Loans (versus the Loans), and the Letters of Credit.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In addition to any other rights and remedies
granted to the Administrative Agent and the Lenders in the Loan Documents, the Administrative Agent on behalf of the Lenders may
exercise all rights and remedies of a secured party under the New York Uniform Commercial Code or any other applicable law. Without
limiting the generality of the foregoing, the Administrative Agent, without demand of performance or other demand, presentment,
protest, advertisement or notice of any kind (except any notice required by law referred to below) to or upon any Loan Party or
any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived by the Parent on behalf
of itself and its Subsidiaries), may in such circumstances forthwith collect, receive, appropriate and realize upon the Collateral,
or any part thereof, or consent to the use by any Loan Party of any cash collateral arising in respect of the Collateral on such
terms as the Administrative Agent deems reasonable, and/or may forthwith sell, lease, assign give an option or options to purchase
or otherwise dispose of and deliver, or acquire by credit bid on behalf of the Lenders, the Collateral or any part thereof (or
contract to do any of the foregoing), in one or more parcels at public or private sale or sales, at any exchange, broker&rsquo;s
board or office of the Administrative Agent or any Lender or elsewhere, upon such terms and conditions as it may deem advisable
and at such prices as it may deem best, for cash or on credit or for future delivery, all without assumption of any credit risk.
The Administrative Agent or any Lender shall have the right upon any such public sale or sales, and, to the extent permitted by
law, upon any such private sale or sales, to purchase the whole or any part of the Collateral so sold, free of any right or equity
of redemption in any Loan Party, which right or equity is hereby waived and released by the Parent on behalf of itself and its
Subsidiaries. Parent further agrees on behalf of itself and its Subsidiaries, at the Administrative Agent&rsquo;s request, to assemble
the Collateral and make it available to the Administrative Agent at places which the Administrative Agent shall reasonably select,
whether at the premises of <FONT STYLE="color: red"><STRIKE>the</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a</U></FONT>
Borrower, another Loan Party or elsewhere. The Administrative Agent shall apply the net proceeds of any action taken by it pursuant
to this Article&nbsp;VII, after deducting all reasonable costs and expenses of every kind incurred in connection therewith or incidental
to the care or safekeeping of any of the Collateral or in any other way relating to the Collateral or the rights of the Administrative
Agent and the Lenders hereunder, including reasonable attorneys&rsquo; fees and disbursements, to the payment in whole or in part
of the obligations of the Loan Parties under the Loan Documents, in such order as the Administrative Agent may elect, and only
after such application and after the payment by the Administrative Agent of any other amount required by any provision of law,
including Section&nbsp;9-615(a)(3)&nbsp;of the New York Uniform Commercial Code, need the Administrative Agent account for the
surplus, if any, to any Loan Party. If any notice of a proposed sale or other disposition of Collateral shall be required by law,
such notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Notwithstanding
anything in this Agreement to the contrary, (i)&nbsp;the foregoing remedies shall be subject to Section&nbsp;4.05 and (ii)&nbsp;for
a period commencing on the Closing Date and ending on the date falling 90 days after the Closing Date (the &ldquo;<B><I>Clean-Up
Date</I></B>&rdquo;), notwithstanding any other provision of any Loan Document, any breach of covenants, misrepresentation or other
default which arises with respect to the Target Group will not be deemed to be a breach of covenant, misrepresentation or a Default
or an Event of Default, as the case may be, if:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(i)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>it
is capable of remedy and reasonable steps are being taken to remedy it;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
circumstances giving rise to it have not knowingly been procured by or approved by any Borrower; and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(iii)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>it
is not reasonably likely to have a Material Adverse Effect.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>If
the relevant circumstances are continuing on or after the Clean-Up Date, there shall be a breach of covenant, misrepresentation
or Default or Event of Default, as the case may be, notwithstanding the above.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;7.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Application
of Payments</U>. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event
of Default, and notice thereof to the Administrative Agent by the Borrowers or the Required Lenders, all payments received on account
of the Obligations shall, subject to Section&nbsp;2.20, be applied by the Administrative Agent as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>first</U>,
to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts payable to the Administrative
Agent (including fees and disbursements and other charges of counsel to the Administrative Agent payable under Section&nbsp;9.03
and amounts pursuant to Section&nbsp;2.12(c)&nbsp;payable to the Administrative Agent in its capacity as such);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>second</U>,
to payment of that portion of the Obligations constituting fees, expenses, indemnities and other amounts (other than principal,
reimbursement obligations in respect of LC Disbursements, interest and Letter of Credit fees) payable to the Lenders and the Issuing
Banks (including fees and disbursements and other charges of counsel to the Lenders and the Issuing Banks payable under Section&nbsp;9.03)
arising under the Loan Documents, ratably among them in proportion to the respective amounts described in this clause&nbsp;(ii)&nbsp;payable
to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>third</U>,
to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit fees and charges and interest on
the Loans and unreimbursed LC Disbursements, ratably among the Lenders and the Issuing Banks in proportion to the respective amounts
described in this clause&nbsp;(iii)&nbsp;payable to them;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>fourth</U>,
(A)&nbsp;to payment of that portion of the Obligations constituting unpaid principal of the Loans and unreimbursed LC Disbursements
and any amounts owing with respect to Banking Services Obligations and Swap Agreement Obligations and (B)&nbsp;to cash collateralize
that portion of LC Exposure comprising the undrawn amount of Letters of Credit to the extent not otherwise cash collateralized
by the Borrowers pursuant to Section&nbsp;2.06 or 2.20, ratably among the Lenders and the Issuing Banks in proportion to the respective
amounts described in this clause&nbsp;(iv)&nbsp;payable to them; <U>provided</U> that (x)&nbsp;any such amounts applied pursuant
to subclause&nbsp;(B)&nbsp;above shall be paid to the Administrative Agent for the ratable account of the applicable Issuing Banks
to cash collateralize Obligations in respect of Letters of Credit, (y)&nbsp;subject to Section&nbsp;2.06 or 2.20, amounts used
to cash collateralize the aggregate amount of Letters of Credit pursuant to this clause&nbsp;(iv)&nbsp;shall be used to satisfy
drawings under such Letters of Credit as they occur and (z)&nbsp;upon the expiration of any Letter of Credit (without any pending
drawings), the pro rata share of cash collateral shall be distributed to the other Obligations, if any, in the order set forth
in this Section&nbsp;7.02;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>fifth</U>,
to the payment in full of all other Obligations, in each case ratably among the Administrative Agent, the Lenders and the Issuing
Banks based upon the respective aggregate amounts of all such Obligations owing to them in accordance with the respective amounts
thereof then due and payable; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>finally</U>,
the balance, if any, after all Obligations have been paid in full in cash, to the Borrowers or as otherwise required by law.</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">If any amount remains on deposit as cash collateral after all
Letters of Credit have either been fully drawn or expired (without any pending drawings), such remaining amount shall be applied
to the other Obligations, if any, in the order set forth above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;VIII</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>The
Administrative Agent</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Authorization
and Action</U>. (a)&nbsp; Each Lender and each Issuing Bank hereby irrevocably appoints the entity named as Administrative Agent
in the heading of this Agreement and its successors and assigns to serve as the administrative agent and collateral agent under
the Loan Documents and each Lender and each Issuing Bank authorizes the Administrative Agent to take such actions as agent on its
behalf and to exercise such powers under this Agreement and the other Loan Documents as are delegated to the Administrative Agent
under such agreements and to exercise such powers as are reasonably incidental thereto. In addition, to the extent required under
the laws of any jurisdiction other than within the United States, each Lender and each Issuing Bank hereby grants to the Administrative
Agent any required powers of attorney to execute and enforce any Collateral Document governed by the laws of such jurisdiction
on such Lender&rsquo;s or such Issuing Bank&rsquo;s behalf. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Each of
the Arrangers and the Secured Parties hereby exempts the Administrative Agent from the restrictions pursuant to section 181 Civil
Code (<I>B&uuml;rgerliches Gesetzbuch</I>) and similar restrictions applicable to it pursuant to any other applicable law, in each
case to the extent legally possible. A Secured Party which cannot grant such exemption shall notify the Administrative Agent accordingly
and, upon request of the Administrative Agent, either act in accordance with the terms of this Agreement and/or any other Loan
Document as required pursuant to this Agreement and/or such other Loan Document or grant a special power of attorney to a party
acting on its behalf, in a manner that is not prohibited pursuant to section 181 of the German Civil Code (<I>B&uuml;rgerliches
Gesetzbuch</I>) and/or any other applicable laws.</U></FONT> Without limiting the foregoing, each Lender and each Issuing Bank
hereby authorizes the Administrative Agent to execute and deliver, and to perform its obligations under, each of the Loan Documents
to which the Administrative Agent is a party, to exercise all rights, powers and remedies that the Administrative Agent may have
under such Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>As
to any matters not expressly provided for herein and in the other Loan Documents (including enforcement or collection), 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 written instructions of the Required Lenders (or
such other number or percentage of the Lenders as shall be necessary, pursuant to the terms in the Loan Documents), and, unless
and until revoked in writing, such instructions shall be binding upon each Lender and each Issuing Bank; <U>provided</U>, however,
that the Administrative Agent shall not be required to take any action that (i)&nbsp;the Administrative Agent in good faith believes
exposes it to liability unless the Administrative Agent receives an indemnification satisfactory to it from the Lenders and the
Issuing Banks with respect to such action or (ii)&nbsp;is contrary to this Agreement or any other Loan Document or applicable law,
including any action that may be in violation of the automatic stay under any requirement of law relating to bankruptcy, insolvency
or reorganization or relief of debtors or that may effect a forfeiture, modification or termination of property of a Defaulting
Lender in violation of any requirement of law relating to bankruptcy, insolvency or reorganization or relief of debtors; <U>provided</U>,
<U>further</U>, that the Administrative Agent may seek clarification or direction from the Required Lenders prior to the exercise
of any such instructed action and may refrain from acting until such clarification or direction has been provided. Except as expressly
set forth in the Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the
failure to disclose, any information relating to any Borrower, any Subsidiary or any Affiliate of any of the foregoing that is
communicated to or obtained by the Person serving as Administrative Agent or any of its Affiliates in any capacity. Nothing in
this Agreement shall require the Administrative Agent to expend or risk its own funds or otherwise incur any financial liability
in the performance of any of its duties hereunder or in the exercise of any of its rights or powers if it shall have reasonable
grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured
to it.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
performing its functions and duties hereunder and under the other Loan Documents, the Administrative Agent is acting solely on
behalf of the Lenders and the Issuing Banks (except in limited circumstances expressly provided for herein relating to the maintenance
of the Register), and its duties are entirely mechanical and administrative in nature. Without limiting the generality of the foregoing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Administrative Agent does not assume and shall not be deemed to have assumed any obligation or duty or any other relationship as
the agent, fiduciary or trustee of or for any Lender,&nbsp;Issuing Bank or holder of any other obligation other than as expressly
set forth herein and in the other Loan Documents, regardless of whether a Default or an Event of Default has occurred and is continuing
(and it is understood and agreed that the use of the term &ldquo;agent&rdquo; (or any similar term) herein or in any other Loan
Document with reference to the Administrative Agent is not intended to connote any fiduciary duty or other implied (or express)
obligations arising under agency doctrine of any applicable law, and that such term is used as a matter of market custom and is
intended to create or reflect only an administrative relationship between contracting parties); additionally, each Lender agrees
that it will not assert any claim against the Administrative Agent based on an alleged breach of fiduciary duty by the Administrative
Agent in connection with this Agreement and the transactions contemplated hereby; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>nothing
in this Agreement or any Loan Document shall require the Administrative Agent to account to any Lender for any sum or the profit
element of any sum received by the Administrative Agent for its own account;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Administrative Agent may perform any of its duties and exercise its rights and powers hereunder or under any other Loan Document
by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent
may perform any of their respective duties and exercise their respective rights and powers through their respective Related Parties.
The exculpatory provisions of this Article&nbsp;shall apply to any such sub-agent and to the Related Parties of the Administrative
Agent and any such sub-agent, and shall apply to their respective activities pursuant to this Agreement. The Administrative Agent
shall not be responsible for the negligence or misconduct of any sub-agent except to the extent that a court of competent jurisdiction
determines in a final and nonappealable judgment that the Administrative Agent acted with gross negligence or willful misconduct
in the selection of such sub-agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>None
of any Syndication Agent <FONT STYLE="color: red"><STRIKE>or any</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
documentation agent or</U></FONT> Arranger shall have obligations or duties whatsoever in such capacity under this Agreement or
any other Loan Document and shall incur no liability hereunder or thereunder in such capacity, but all such persons shall have
the benefit of the indemnities provided for hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
case of the pendency of any proceeding with respect to any Loan Party under any federal, state or foreign bankruptcy, insolvency,
receivership or similar law now or hereafter in effect, the Administrative Agent (irrespective of whether the principal of any
Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative
Agent shall have made any demand on the Borrowers) 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">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, LC Disbursements
and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order
to have the claims of the Lenders, the Issuing Banks and the Administrative Agent (including any claim under Sections 2.12, 2.13,
2.15, 2.17 and 9.03) allowed in such judicial proceeding; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and any custodian, receiver, assignee, trustee, liquidator,
sequestrator or other similar official in any such proceeding is hereby authorized by each Lender, each Issuing Bank and each other
Secured Party to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to
the making of such payments directly to the Lenders, the Issuing Banks or the other Secured Parties, to pay to the Administrative
Agent any amount due to it, in its capacity as the Administrative Agent, under the Loan Documents (including under Section&nbsp;9.03).
Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on
behalf of any Lender or Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations
or the rights of any Lender or Issuing Bank or to authorize the Administrative Agent to vote in respect of the claim of any Lender
or Issuing Bank in any such proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
provisions of this Article&nbsp;are solely for the benefit of the Administrative Agent, the Lenders and the Issuing Banks, and,
except solely to the extent of the Borrowers&rsquo; rights to consent pursuant to and subject to the conditions set forth in this
Article, none of the Borrowers or any Subsidiary, or any of their respective Affiliates, shall have any rights as a third party
beneficiary under any such provisions. Each Secured Party, whether or not a party hereto, will be deemed, by its acceptance of
the benefits of the Collateral and of the Guarantees of the Obligations provided under the Loan Documents, to have agreed to the
provisions of this Article.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Administrative
Agent&rsquo;s Reliance,&nbsp;Indemnification, Etc</U>. (a)&nbsp; Neither the Administrative Agent nor any of its Related Parties
shall be (i)&nbsp;liable for any action taken or omitted to be taken by it under or in connection with this Agreement or the other
Loan Documents (x)&nbsp;with the consent of or at the request of the Required Lenders<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
Required RC Lenders or Required TLA/RC Lenders</U></FONT> (or such other number or percentage of the Lenders as shall be necessary,
or as the Administrative Agent shall believe in good faith to be necessary, under the circumstances as provided in the Loan Documents)
or (y)&nbsp;in the absence of its own gross negligence or willful misconduct (such absence to be presumed unless otherwise determined
by a court of competent jurisdiction by a final and nonappealable judgment) or (ii)&nbsp;responsible in any manner to any of the
Lenders for any recitals, statements, representations or warranties made by any Loan Party or any officer thereof contained in
this Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for
in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value,
validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure
of any Loan Party to perform its obligations hereunder or thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Administrative Agent shall be deemed not to have knowledge of any Default unless and until written notice thereof (stating that
it is a &ldquo;notice of default&rdquo;) is given to the Administrative Agent by a Borrower, a Lender or an Issuing Bank, and the
Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i)&nbsp;any statement, warranty
or representation made in or in connection with any Loan Document, (ii)&nbsp;the contents of any certificate, report or other document
delivered thereunder or in connection therewith, (iii)&nbsp;the performance or observance of any of the covenants, agreements or
other terms or conditions set forth in any Loan Document or the occurrence of any Default, (iv)&nbsp;the sufficiency, validity,
enforceability, effectiveness or genuineness of any Loan Document or any other agreement, instrument or document, (v)&nbsp;the
satisfaction of any condition set forth in Article&nbsp;IV or elsewhere in any Loan Document, other than to confirm receipt of
items expressly required to be delivered to the Administrative Agent or satisfaction of any condition that expressly refers to
the matters described therein being acceptable or satisfactory to the Administrative Agent, or (vi)&nbsp;the creation, perfection
or priority of Liens on the Collateral. Notwithstanding anything herein to the contrary, the Administrative Agent shall not be
liable for, or be responsible for any loss, cost or expense suffered by any Borrower, any Subsidiary, any Lender or any Issuing
Bank as a result of, any determination of the Revolving Credit Exposure, any of the component amounts thereof or any portion thereof
attributable to each Lender or Issuing Bank, or any Dollar Equivalent.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Without
limiting the foregoing, the Administrative Agent (i)&nbsp;may treat the payee of any promissory note as its holder until such promissory
note has been assigned in accordance with Section&nbsp;9.04, (ii)&nbsp;may rely on the Register to the extent set forth in Section&nbsp;9.04(b),
(iii)&nbsp;may consult with legal counsel (including counsel to the Borrowers), independent public accountants and other experts
selected by it, and shall not be liable for any action taken or omitted to be taken in good faith by it in accordance with the
advice of such counsel, accountants or experts, (iv)&nbsp;makes no warranty or representation to any Lender or Issuing Bank and
shall not be responsible to any Lender or Issuing Bank for any statements, warranties or representations made by or on behalf of
any Loan Party in connection with this Agreement or any other Loan Document, (v)&nbsp;in determining compliance with any condition
hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction
of a Lender or an Issuing Bank, may presume that such condition is satisfactory to such Lender or Issuing Bank unless the Administrative
Agent shall have received notice to the contrary from such Lender or Issuing Bank sufficiently in advance of the making of such
Loan or the issuance of such Letter of Credit and (vi)&nbsp;shall be entitled to rely on, and shall incur no liability under or
in respect of this Agreement or any other Loan Document by acting upon, any notice, consent, certificate or other instrument or
writing (which writing may be a fax, any electronic message,&nbsp;Internet or intranet website posting or other distribution) or
any statement made to it orally or by telephone and believed by it to be genuine and signed or sent or otherwise authenticated
by the proper party or parties (whether or not such Person in fact meets the requirements set forth in the Loan Documents for being
the maker thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Posting
of Communications</U>. (a)&nbsp; Each Borrower agrees that the Administrative Agent may, but shall not be obligated to, make any
Communications available to the Lenders and the Issuing Banks by posting the Communications on IntraLinks&trade;, DebtDomain, SyndTrak,
ClearPar or any other electronic platform chosen by the Administrative Agent to be its electronic transmission system (the &ldquo;<B><I>Approved
Electronic Platform</I></B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Although
the Approved Electronic Platform and its primary web portal are secured with generally-applicable security procedures and policies
implemented or modified by the Administrative Agent from time to time (including, as of the Effective Date, a user ID/password
authorization system) and the Approved Electronic Platform is secured through a per-deal authorization method whereby each user
may access the Approved Electronic Platform only on a deal-by-deal basis, each of the Lenders, each of the Issuing Banks and each
Borrower acknowledges and agrees that the distribution of material through an electronic medium is not necessarily secure and that
there are confidentiality and other risks associated with such distribution. Each of the Lenders, each of the Issuing Banks and
each Borrower hereby approves distribution of the Communications through the Approved Electronic Platform and understands and assumes
the risks of such distribution.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>THE
APPROVED ELECTRONIC PLATFORM&nbsp;AND THE COMMUNICATIONS ARE PROVIDED &ldquo;AS IS&rdquo; AND &ldquo;AS AVAILABLE&rdquo;. THE APPLICABLE
PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS, OR THE ADEQUACY OF THE APPROVED ELECTRONIC
PLATFORM&nbsp;AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS OR OMISSIONS IN THE APPROVED ELECTRONIC PLATFORM&nbsp;AND THE COMMUNICATIONS.
NO WARRANTY OF ANY KIND, EXPRESS,&nbsp;IMPLIED OR STATUTORY,&nbsp;INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR
PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS,&nbsp;IS MADE BY THE APPLICABLE PARTIES
IN CONNECTION WITH THE COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM. IN NO EVENT SHALL THE ADMINISTRATIVE AGENT, ANY ARRANGER,
ANY SYNDICATION AGENT<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, ANY DOCUMENTATION AGENT</U></FONT> OR ANY OF
THEIR RESPECTIVE RELATED PARTIES (COLLECTIVELY, &ldquo;<B><I>APPLICABLE PARTIES</I></B>&rdquo;) HAVE ANY LIABILITY TO ANY LOAN
PARTY, ANY LENDER, ANY ISSUING BANK OR ANY OTHER PERSON OR ENTITY FOR DAMAGES OF ANY KIND,&nbsp;INCLUDING DIRECT OR INDIRECT, SPECIAL,&nbsp;INCIDENTAL
OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY&rsquo;S OR
THE ADMINISTRATIVE AGENT&rsquo;S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET OR THE APPROVED ELECTRONIC PLATFORM,&nbsp;IN
EACH CASE EXCEPT TO THE EXTENT PROVIDED FOR IN SECTION&nbsp;9.03(d)&nbsp;HEREOF.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Communications</I></B>&rdquo;
means, collectively, any notice, demand, communication, information, document or other material provided by or on behalf of any
Loan Party pursuant to any Loan Document or the transactions contemplated therein which is distributed by the Administrative Agent,
any Lender or any Issuing Bank by means of electronic communications pursuant to this Section, including through an Approved Electronic
Platform.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Lender and each Issuing Bank agrees that notice to it (as provided in the next sentence) specifying that Communications have been
posted to the Approved Electronic Platform shall constitute effective delivery of the Communications to such Lender for purposes
of the Loan Documents. Each Lender and Issuing Bank agrees (i)&nbsp;to notify the Administrative Agent in writing (which could
be in the form of electronic communication) from time to time of such Lender&rsquo;s or Issuing Bank&rsquo;s (as applicable) email
address to which the foregoing notice may be sent by electronic transmission and (ii)&nbsp;that the foregoing notice may be sent
to such email address.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
of the Lenders, each of the Issuing Banks and each of the Borrowers agrees that the Administrative Agent may, but (except as may
be required by applicable law) shall not be obligated to, store the Communications on the Approved Electronic Platform in accordance
with the Administrative Agent&rsquo;s generally applicable document retention procedures and policies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Nothing
herein shall prejudice the right of the Administrative Agent, any Lender or any Issuing Bank to give any notice or other communication
pursuant to any Loan Document in any other manner specified in such Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>The
Administrative Agent Individually</U>. With respect to its Commitment, Loans, Letter of Credit Commitments and Letters of Credit,
the Person serving as the Administrative Agent shall have and may exercise the same rights and powers hereunder and is subject
to the same obligations and liabilities as and to the extent set forth herein for any other Lender or Issuing Bank, as the case
may be. The terms &ldquo;Issuing Banks&rdquo;, &ldquo;Lenders&rdquo;, &ldquo;Required Lenders&rdquo;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
 &ldquo;Required RC Lenders&rdquo;, &ldquo;Required TLA/RC Lenders&rdquo;</U></FONT> and any similar terms shall, unless the context
clearly otherwise indicates, include the Administrative Agent in its individual capacity as a Lender,&nbsp;Issuing Bank or as one
of the Required <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Lenders, Required RC Lenders or Required TLA/RC</U></FONT>
Lenders, as applicable. The Person serving as the Administrative Agent and its Affiliates may accept deposits from, lend money
to, own securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of banking,
trust or other business with, any Borrower, any Subsidiary or any Affiliate of any of the foregoing as if such Person was not acting
as the Administrative Agent and without any duty to account therefor to the Lenders or the Issuing Banks.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Successor
Administrative Agent</U>. (a)&nbsp; The Administrative Agent may resign at any time by giving thirty (30) days&rsquo; prior written
notice thereof to the Lenders, the Issuing Banks and the Borrowers, whether or not a successor Administrative Agent has been appointed.
Upon any such resignation, the Required Lenders shall have the right to appoint a successor Administrative Agent. If no successor
Administrative Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment, within thirty
(30) days after the retiring Administrative Agent&rsquo;s giving of notice of resignation, then the retiring Administrative Agent
may, on behalf of the Lenders and the Issuing Banks, appoint a successor Administrative Agent, which shall be a bank with an office
in New York, New York or an Affiliate of any such bank. In either case, such appointment shall be subject to the prior written
approval of the Borrowers (which approval may not be unreasonably withheld and shall not be required while an Event of Default
has occurred and is continuing). Upon the acceptance of any appointment as Administrative Agent by a successor Administrative Agent,
such successor Administrative Agent shall succeed to, and become vested with, all the rights, powers, privileges and duties of
the retiring Administrative Agent. Upon the acceptance of appointment as Administrative Agent by a successor Administrative Agent,
the retiring Administrative Agent shall be discharged from its duties and obligations under this Agreement and the other Loan Documents.
Prior to any retiring Administrative Agent&rsquo;s resignation hereunder as Administrative Agent, the retiring Administrative Agent
shall take such action as may be reasonably necessary to assign to the successor Administrative Agent its rights as Administrative
Agent under the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
paragraph (a)&nbsp;of this Section, in the event no successor Administrative Agent shall have been so appointed and shall have
accepted such appointment within thirty (30) days after the retiring Administrative Agent gives notice of its intent to resign,
the retiring Administrative Agent may give notice of the effectiveness of its resignation to the Lenders, the Issuing Banks and
the Borrowers, whereupon, on the date of effectiveness of such resignation stated in such notice, (i)&nbsp;the retiring Administrative
Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents; <U>provided</U> that, solely
for purposes of maintaining any security interest granted to the Administrative Agent under any Collateral Document for the benefit
of the Secured Parties, the retiring Administrative Agent shall continue to be vested with such security interest as collateral
agent for the benefit of the Secured Parties, and continue to be entitled to the rights set forth in such Collateral Document and
Loan Document, and, in the case of any Collateral in the possession of the Administrative Agent, shall continue to hold such Collateral,
in each case until such time as a successor Administrative Agent is appointed and accepts such appointment in accordance with this
Section&nbsp;(it being understood and agreed that the retiring Administrative Agent shall have no duty or obligation to take any
further action under any Collateral Document, including any action required to maintain the perfection of any such security interest),
and (ii)&nbsp;the Required Lenders shall succeed to and become vested with all the rights, powers, privileges and duties of the
retiring Administrative Agent; <U>provided</U> that (A)&nbsp;all payments required to be made hereunder or under any other Loan
Document to the Administrative Agent for the account of any Person other than the Administrative Agent shall be made directly to
such Person and (B)&nbsp;all notices and other communications required or contemplated to be given or made to the Administrative
Agent shall directly be given or made to each Lender and each Issuing Bank. Following the effectiveness of the Administrative Agent&rsquo;s
resignation from its capacity as such, the provisions of this Article&nbsp;and Section&nbsp;9.03, as well as any exculpatory, reimbursement
and indemnification provisions set forth in any other Loan Document, shall continue in effect for the benefit of such retiring
Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken
by any of them while the retiring Administrative Agent was acting as Administrative Agent and in respect of the matters referred
to in the proviso under clause (i)&nbsp;above.</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Acknowledgements
of Lenders and Issuing Banks</U>. (a)&nbsp; Each Lender represents that it is engaged in making, acquiring or holding commercial
loans in the ordinary course of its business and that it has, independently and without reliance upon the Administrative Agent,
any Arranger or any other Lender, or any of the Related Parties of any of the foregoing, and based on such documents and information
as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement as a Lender, and to make,
acquire or hold Loans hereunder. Each Lender also acknowledges that it will, independently and without reliance upon the Administrative
Agent, any Arranger or any other Lender, or any of the Related Parties of any of the foregoing, and based on such documents and
information (which may contain material, non-public information within the meaning of the United States securities laws concerning
the Borrowers and their Affiliates) as it shall from time to time deem appropriate, continue to make its own decisions in taking
or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished
hereunder or thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Lender, by delivering its signature page&nbsp;to this Agreement on the Effective Date, or delivering its signature page&nbsp;to
an Assignment and Assumption or any other Loan Document pursuant to which it shall become a Lender hereunder, shall be deemed to
have acknowledged receipt of, and consented to and approved, each Loan Document and each other document required to be delivered
to, or be approved by or satisfactory to, the Administrative Agent or the Lenders on the Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Collateral
Matters</U>. (a)&nbsp; Except with respect to the exercise of setoff rights in accordance with Section&nbsp;9.08 or with respect
to a Secured Party&rsquo;s right to file a proof of claim in an insolvency proceeding, no Secured Party shall have any right individually
to realize upon any of the Collateral or to enforce any Guarantee of the Obligations, it being understood and agreed that all powers,
rights and remedies under the Loan Documents may be exercised solely by the Administrative Agent on behalf of the Secured Parties
in accordance with the terms thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;In
furtherance of the foregoing and not in limitation thereof, no arrangements in respect of Banking Services the obligations under
which constitute Banking Services Obligations and no Swap Agreement the obligations under which constitute Swap Agreement Obligations,
will create (or be deemed to create) in favor of any Secured Party that is a party thereto any rights in connection with the management
or release of any Collateral or of the obligations of any Loan Party under any Loan Document. By accepting the benefits of the
Collateral, each Secured Party that is a party to any such arrangement in respect of Banking Services or Swap Agreement, as applicable,
shall be deemed to have appointed the Administrative Agent to serve as administrative agent and collateral agent under the Loan
Documents and agreed to be bound by the Loan Documents as a Secured Party thereunder, subject to the limitations set forth in this
paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Secured Parties irrevocably authorize the Administrative Agent, at its option and in its discretion, to subordinate any Lien on
any property granted to or held by the Administrative Agent under any Loan Document to the holder of any Lien on such property
that is permitted by <U>Section&nbsp;6.02(a)</U>. The Administrative Agent shall not be responsible for or have a duty to ascertain
or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence,
priority or perfection of the Administrative Agent&rsquo;s Lien thereon or any certificate prepared by any Loan Party in connection
therewith, nor shall the Administrative Agent be responsible or liable to the Lenders or any other Secured Party for any failure
to monitor or maintain any portion of the Collateral.</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Credit
Bidding</U>. The Secured Parties hereby irrevocably authorize the Administrative Agent, at the direction of the Required Lenders,
to credit bid all or any portion of the Obligations (including by accepting some or all of the Collateral in satisfaction of some
or all of the Obligations pursuant to a deed in lieu of foreclosure or otherwise) and in such manner purchase (either directly
or through one or more acquisition vehicles) all or any portion of the Collateral (a)&nbsp;at any sale thereof conducted under
the provisions of the Bankruptcy Code, including under Sections 363, 1123 or 1129 of the Bankruptcy Code, or any similar laws in
any other jurisdictions to which a Loan Party is subject, or (b)&nbsp;at any other sale, foreclosure or acceptance of collateral
in lieu of debt conducted by (or with the consent or at the direction of) the Administrative Agent (whether by judicial action
or otherwise) in accordance with any applicable law. In connection with any such credit bid and purchase, the Obligations owed
to the Secured Parties shall be entitled to be, and shall be, credit bid by the Administrative Agent at the direction of the Required
Lenders on a ratable basis (with Obligations with respect to contingent or unliquidated claims receiving contingent interests in
the acquired assets on a ratable basis that shall vest upon the liquidation of such claims in an amount proportional to the liquidated
portion of the contingent claim amount used in allocating the contingent interests) for the asset or assets so purchased (or for
the equity interests or debt instruments of the acquisition vehicle or vehicles that are issued in connection with such purchase).
In connection with any such bid, (i)&nbsp;the Administrative Agent shall be authorized to form one or more acquisition vehicles
and to assign any successful credit bid to such acquisition vehicle or vehicles, (ii)&nbsp;each of the Secured Parties&rsquo; ratable
interests in the Obligations which were credit bid shall be deemed without any further action under this Agreement to be assigned
to such vehicle or vehicles for the purpose of closing such sale, (iii)&nbsp;the Administrative Agent shall be authorized to adopt
documents providing for the governance of the acquisition vehicle or vehicles (provided that any actions by the Administrative
Agent with respect to such acquisition vehicle or vehicles, including any disposition of the assets or equity interests thereof,
shall be governed, directly or indirectly, by, and the governing documents shall provide for, control by the vote of the Required
Lenders or their permitted assignees under the terms of this Agreement or the governing documents of the applicable acquisition
vehicle or vehicles, as the case may be, irrespective of the termination of this Agreement and without giving effect to the limitations
on actions by the Required Lenders contained in Section&nbsp;9.02 of this Agreement), (iv)&nbsp;the Administrative Agent on behalf
of such acquisition vehicle or vehicles shall be authorized to issue to each of the Secured Parties, ratably on account of the
relevant Obligations which were credit bid, interests, whether as equity, partnership, limited partnership interests or membership
interests, in any such acquisition vehicle and/or debt instruments issued by such acquisition vehicle, all without the need for
any Secured Party or acquisition vehicle to take any further action, and (v)&nbsp;to the extent that Obligations that are assigned
to an acquisition vehicle are not used to acquire Collateral for any reason (as a result of another bid being higher or better,
because the amount of Obligations assigned to the acquisition vehicle exceeds the amount of Obligations credit bid by the acquisition
vehicle or otherwise), such Obligations shall automatically be reassigned to the Secured Parties pro rata with their original interest
in such Obligations and the equity interests and/or debt instruments issued by any acquisition vehicle on account of such Obligations
shall automatically be cancelled, without the need for any Secured Party or any acquisition vehicle to take any further action.
Notwithstanding that the ratable portion of the Obligations of each Secured Party are deemed assigned to the acquisition vehicle
or vehicles as set forth in clause (ii)&nbsp;above, each Secured Party shall execute such documents and provide such information
regarding the Secured Party (and/or any designee of the Secured Party which will receive interests in or debt instruments issued
by such acquisition vehicle) as the Administrative Agent may reasonably request in connection with the formation of any acquisition
vehicle, the formulation or submission of any credit bid or the consummation of the transactions contemplated by such credit bid.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;8.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Certain
ERISA Matters</U>. (a)&nbsp; Each Lender (x)&nbsp;represents and warrants, as of the date such Person became a Lender party hereto,
to, and (y)&nbsp;covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender
party hereto, for the benefit of, the Administrative Agent, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the Arrangers
and each of their respective Affiliates,</U></FONT> and not, for the avoidance of doubt, to or for the benefit of any Borrower
or any other Loan Party, that at least one of the following is and will be true:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>such
Lender is not using &ldquo;plan assets&rdquo; (within the meaning of the Plan Asset Regulations) of one or more Benefit Plans <FONT STYLE="color: red"><STRIKE>with
respect to such Lender&rsquo;s entrance into, participation in, administration of and performance of</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in
connection with</U></FONT> the Loans, the Letters of Credit<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or</U></FONT>
the Commitments <FONT STYLE="color: red"><STRIKE>or this Agreement</STRIKE></FONT>,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by
independent qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company
general accounts), PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts),
PTE 91-38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption
for certain transactions determined by in-house asset managers), is applicable with respect to such Lender&rsquo;s entrance into,
participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement, <FONT STYLE="color: red"><STRIKE>and
the conditions for exemptive relief thereunder are and will continue </STRIKE></FONT><STRIKE><FONT STYLE="color: green">to be satisfied
in connection </FONT><FONT STYLE="color: red">therewith,</FONT></STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;(A)&nbsp;such
Lender is an investment fund managed by a &ldquo;Qualified Professional Asset Manager&rdquo; (within the meaning of Part&nbsp;VI
of PTE 84-14), (B)&nbsp;such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter
into, participate in, administer and perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C)&nbsp;the
entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this
Agreement satisfies the requirements of sub-sections (b)&nbsp;through (g)&nbsp;of Part&nbsp;I of PTE 84-14 and (D)&nbsp;to the
best knowledge of such Lender, the requirements of subsection (a)&nbsp;of Part&nbsp;I of PTE 84-14 are satisfied with respect to
such Lender&rsquo;s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the
Commitments and this Agreement, or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>such
other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion,
and such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>In
addition, unless either (1)&nbsp;sub-clause (i)&nbsp;in the immediately preceding clause (a)&nbsp;is true with respect to a Lender
or (2)&nbsp;a Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv)&nbsp;in the
immediately preceding clause (a), such Lender further (x)&nbsp;represents and warrants, as of the date such Person became a Lender
party hereto, to, and (y)&nbsp;covenants, from the date such Person became a Lender party hereto to the date such Person ceases
being a Lender party hereto, for the benefit of, the Administrative Agent, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
Arrangers and each of their respective Affiliates</U></FONT> and not, for the avoidance of doubt, to or for the benefit of any
Borrower or any other Loan Party, that <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>none of</U></FONT> the Administrative
Agent<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, the Arrangers or any of their respective Affiliates</U></FONT>
is <FONT STYLE="color: red"><STRIKE>not </STRIKE></FONT>a fiduciary with respect to the <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Collateral
or the</U></FONT> assets of such Lender <FONT STYLE="color: red"><STRIKE>involved in such Lender&rsquo;s entrance into, participation
in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement </STRIKE></FONT>(including
in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Document
or any documents related to hereto or thereto).</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;IX</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Miscellaneous</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notices</U>.
(a)&nbsp; Except in the case of notices and other communications expressly permitted to be given by telephone (and subject to paragraph&nbsp;(b)&nbsp;below),
all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier
service, mailed by certified or registered mail or sent by telecopy, as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to the Borrowers, to them at:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>100
North Point Center East, Suite&nbsp;600, Alpharetta, Georgia 30022, Attention of the General Counsel and the Controller (Telecopy
No.&nbsp;(770) 569-4275);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="color: red"><STRIKE>With</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>with</U></FONT>
a copy (which shall not constitute notice) to <FONT STYLE="color: red"><STRIKE>Alston&nbsp;&amp; Bird LLP, One Atlantic Center,
1201 West</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>King&nbsp;&amp; Spalding LLP, 1180</U></FONT>
Peachtree <FONT STYLE="color: red"><STRIKE>Street</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>St,
NE, Suite&nbsp;1600</U></FONT>, Atlanta, GA 30309<FONT STYLE="color: red"><STRIKE>-3424</STRIKE></FONT>, Attention <FONT STYLE="color: red"><STRIKE>Jeremy
Silverman (</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>: Shane Dornburg (</U></FONT><FONT STYLE="color: red"><STRIKE>f</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>F</U></FONT>acsimile
No.&nbsp;(404) <FONT STYLE="color: red"><STRIKE>881</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>572</U></FONT>-<FONT STYLE="color: red"><STRIKE>7777</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>5135</U></FONT>;
E<FONT STYLE="color: red"><STRIKE>-</STRIKE></FONT>mail <FONT STYLE="color: red"><STRIKE>jeremy.silverman@alston</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>:
sdornburg@kslaw</U></FONT>.com).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to the Administrative Agent, to JPMorgan Chase Bank, N.A., 10 South Dearborn, Floor L2, Suite&nbsp;IL1-0364, Chicago,&nbsp;IL 60603,
Attention: Nanette Wilson (Telephone: 312-385-7084, Facsimile:&nbsp;&nbsp; 844-490-5663, Electronic Mail:&nbsp;&nbsp; jpm.agency.cri@jpmorgan.com
and nanette.wilson@jpmorgan.com);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to JPMorgan Chase Bank, N.A., in its capacity as an Issuing Bank, to it at 10 S. Dearborn, L2 Floor, Chicago,&nbsp;IL 60603, Attention:&nbsp;&nbsp;
Naveen Dhongadi (Telephone: 855-609-0059, Facsimile:&nbsp;&nbsp; 214-307-6874, Electronic Mail:&nbsp;&nbsp; Chicago.lc.agency.activity.team@jpmchase.com);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to Swingline Lender, to it at 10 South Dearborn, Floor L2, Suite&nbsp;IL1-0364, Chicago,&nbsp;IL 60603, Attention: Nanette Wilson
(Telephone: 312-385-7084, Facsimile:&nbsp;&nbsp; 844-490-5663, Electronic Mail:&nbsp;&nbsp; jpm.agency.cri@jpmorgan.com and nanette.wilson@jpmorgan.com)
<FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>if
to any other Lender, to it at its address (or telecopy number) set forth in its Administrative Questionnaire<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(vi)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>for
delivery of, and updates to, the DQ List, JPMDQ_Contact@jpmorgan.com.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Notices sent by hand or overnight courier service, or mailed
by certified or registered mail, shall be deemed to have been given when received; notices sent by facsimile shall be deemed to
have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been
given at the opening of business on the next business day for the recipient). Notices delivered through Approved Electronic Platforms,
to the extent provided in paragraph&nbsp;(b)&nbsp;below, shall be effective as provided in said paragraph&nbsp;(b).</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Notices
and other communications to the Lenders and the Issuing Banks hereunder may be delivered or furnished by using Approved Electronic
Platforms pursuant to procedures approved by the Administrative Agent; <U>provided</U> that the foregoing shall not apply to notices
pursuant to Article&nbsp;II unless otherwise agreed by the Administrative Agent and the applicable Lender. The Administrative Agent
or any Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications
pursuant to procedures approved by it; <U>provided</U> that approval of such procedures may be limited to particular notices or
communications.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Unless
the Administrative Agent otherwise prescribes, (i)&nbsp;notices and other communications sent to an e-mail address shall be deemed
received upon the sender&rsquo;s receipt of an acknowledgement from the intended recipient (such as by the &ldquo;return receipt
requested&rdquo; function, as available, return e-mail or other written acknowledgement), and (ii)&nbsp;notices or communications
posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient, at its e-mail
address as described in the foregoing clause&nbsp;(i), of notification that such notice or communication is available and identifying
the website address therefor; <U>provided</U> that, for both clauses (i)&nbsp;and (ii)&nbsp;above, if such notice, email or other
communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have
been sent at the opening of business on the next business day for the recipient.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Any
party hereto may change its address or telecopy number for notices and other communications hereunder by notice to the other parties
hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Waivers;
Amendments</U>. (a)&nbsp; No failure or delay by the Administrative Agent, any Issuing Bank or any Lender in exercising any right
or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any
abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the
exercise of any other right or power. The rights and remedies of the Administrative Agent, the Issuing Banks and the Lenders hereunder
are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this
Agreement or consent to any departure by the Borrowers therefrom shall in any event be effective unless the same shall be permitted
by paragraph&nbsp;(b)&nbsp;of this Section, and then such waiver or consent shall be effective only in the specific instance and
for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan or issuance of a Letter
of Credit shall not be construed as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or any
Issuing Bank may have had notice or knowledge of such Default at the time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Subject
to <U>Section&nbsp;2.14(b)</U>&nbsp;and <U>Section<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">s</FONT> 9.02(c<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">)&nbsp;and
(d</FONT>)</U>&nbsp;below, neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to
an agreement or agreements in writing entered into by the Borrowers and the Required Lenders or by the Borrowers and the Administrative
Agent with the consent of the Required Lenders; <U>provided</U> that no such agreement shall (i)&nbsp;extend or increase the Commitment
of any Lender without the written consent of such Lender, (ii)&nbsp;reduce the principal amount of any Loan or LC Disbursement
or reduce the rate of interest thereon, or reduce any fees or other amounts payable hereunder or under the other Loan Documents,
without the written consent of each Lender affected thereby, (iii)&nbsp;postpone the scheduled date of payment of the principal
amount of any Loan or LC Disbursement, or any interest thereon, or any fees or other amounts payable hereunder or under the other
Loan Documents, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any
Commitment, without the written consent of each Lender affected thereby, (iv)&nbsp;change Section&nbsp;2.09(<FONT STYLE="color: red"><STRIKE>c</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>d</U></FONT>)
or 2.18(b)&nbsp;or (c)&nbsp;in a manner that would alter the ratable reduction of Commitments or the pro rata sharing of payments
required thereby, without the written consent of each Lender, (v)&nbsp;change the payment waterfall provisions of Section&nbsp;2.20(b)&nbsp;or
7.02 without the written consent of each Lender, <FONT STYLE="color: red"><STRIKE>or </STRIKE></FONT>(vi)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>waive,
amend or modify Section&nbsp;4.04 as it relates to any Credit Event with respect to any Revolving Loans or Letter of Credit without
the written consent of the Required RC Lenders, (vii)</U></FONT>&nbsp;change any of the provisions of this Section&nbsp;or the
definition of &ldquo;Required <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Lenders&rdquo;, &ldquo;Required RC Lenders&rdquo;
or &ldquo;Required TLA/RC</U></FONT> Lenders&rdquo; or any other provision hereof specifying the number or percentage of Lenders
required to waive, amend or modify any rights hereunder or make any determination or grant any consent hereunder, without the written
consent of each <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Lender or (viii)&nbsp;release all or substantially all
of the Collateral or all or substantially all of the Loan Parties from their respective Guarantees of the Obligations, without
the prior written consent of each</U></FONT> Lender; <U>provided further</U> that no such agreement shall amend, modify or otherwise
affect the rights or duties of the Administrative Agent, the Issuing Banks or the Swingline Lenders hereunder without the prior
written consent of the Administrative Agent, the Issuing Banks or the Swingline Lenders, as the case may be; <U>provided further</U>
that no such agreement shall amend or modify the provisions of Section&nbsp;2.06 or any letter of credit application and any bilateral
agreement between the Borrower and an Issuing Bank regarding such Issuing Bank&rsquo;s Letter of Credit Commitment or the respective
rights and obligations between the Borrowers and an Issuing Bank in connection with the issuance of Letters of Credit without the
prior written consent of the Administrative Agent and such Issuing Bank<FONT STYLE="color: red"><STRIKE>, respectively.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
provided, further, that only the consent of the Required TLA/RC Lenders shall be necessary to (and only the Required TLA/RC Lenders
shall have the ability to) amend or waive any covenant set forth in Section&nbsp;6.11 hereunder (or any defined term as such term
is used therein).</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If
the Administrative Agent and the Borrowers acting together identify any ambiguity, omission, mistake, typographical error or other
defect in any provision of this Agreement or any other Loan Document, then the Administrative Agent and the Borrowers shall be
permitted to amend, modify or supplement such provision to cure such ambiguity, omission, mistake, typographical error or other
defect, and such amendment shall become effective without any further action or consent of any other party to this Agreement if
the same is not objected to in writing by the Required Lenders to the Administrative Agent within five (5)&nbsp;business days following
receipt of notice thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT><FONT STYLE="color: #010000">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>The
Administrative Agent and the Borrowers may amend, modify or supplement this Agreement or any other Loan Document in accordance
with the terms of the Fee and Syndication Letter without any further action or consent of any other party to this Agreement.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>e</U></FONT><FONT STYLE="color: #010000">)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Lenders and the Issuing Banks hereby irrevocably authorize the Administrative Agent, at its option and in its sole discretion,
(i)&nbsp;to release any Liens granted to the Administrative Agent by the Loan Parties on any Collateral upon the termination of
all of the Commitments and payment and satisfaction in full in cash of all Secured Obligations in a manner satisfactory to each
affected Lender, (ii)&nbsp;to release any Liens granted to the Administrative Agent by the Loan Parties on any Collateral constituting
property being sold or disposed of if the Loan Party disposing of such property certifies to the Administrative Agent that the
sale or disposition is made in compliance with the terms of this Agreement (and the Administrative Agent may rely conclusively
on any such certificate, without further inquiry) or such property is otherwise no longer required to constitute Collateral pursuant
to the terms of the Loan Documents, (iii)&nbsp;to release any Liens granted to the Administrative Agent on all the Collateral of
any Loan Guarantor, and to release any Loan Guarantor from its obligations under the Loan Guaranty, upon the sale or disposition
of the Equity Interests of such Loan Guarantor if the U.S. Borrower certifies to the Administrative Agent that the sale or disposition
is made in compliance with the terms of this Agreement (and the Administrative Agent may rely conclusively on any such certificate,
without further inquiry) or such Loan Guarantor is otherwise no longer required to provide a Loan Guaranty in accordance with the
terms of the Loan Documents, (iv)&nbsp;to release any Liens granted to the Administrative Agent by the Loan Parties on any Collateral
constituting property leased to a Loan Party under a lease which has expired or been terminated in a transaction permitted under
this Agreement, or (v)&nbsp;to release any Liens granted to the Administrative Agent by the Loan Parties on any Collateral as required
to effect any sale or other disposition of such Collateral in connection with any exercise of remedies of the Administrative Agent
and the Lenders pursuant to Article&nbsp;VII; <U>provided</U>, that upon the occurrence of any of the events listed in the preceding
clauses (i), (ii), (iii)&nbsp;or (iv), the release of such Liens by the Administrative Agent shall be granted automatically and
shall not be subject to the Administrative Agent&rsquo;s discretion. Except as provided in the preceding sentence, the Administrative
Agent will not release any Liens on Collateral without the prior written authorization of the Required Lenders; <U>provided</U>
that, the Administrative Agent may in its discretion, release its Liens on Collateral valued in the aggregate not in excess of
$25,000,000 during any calendar year without the prior written authorization of the Required Lenders (it being agreed that the
Administrative Agent may rely conclusively on one or more certificates of the Borrowers as to the value of any Collateral to be
so released, without further inquiry). Any such release shall not in any manner discharge, affect, or impair the Obligations or
any Liens (other than those expressly being released) upon (or obligations of the Loan Parties in respect of) all interests retained
by the Loan Parties, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral. Any
execution and delivery by the Administrative Agent of documents in connection with any such release shall be without recourse to
or warranty by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>e</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>f</U></FONT><FONT STYLE="color: #010000">)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>If,
in connection with any proposed amendment, waiver or consent requiring the consent of &ldquo;each Lender&rdquo; or &ldquo;each
Lender directly affected thereby,&rdquo; the consent of the Required Lenders is obtained, but the consent of other necessary Lenders
is not obtained (any such Lender whose consent is necessary but not obtained being referred to herein as a &ldquo;<B><I>Non-Consenting
Lender</I></B>&rdquo;), then the Borrowers may elect to replace a Non-Consenting Lender as a Lender party to this Agreement, provided
that, concurrently with such replacement, (i)&nbsp;another bank or other entity which is acceptable to the Borrowers and the Administrative
Agent shall agree, as of such date, to purchase for cash the Loans and other Obligations due to the Non-Consenting Lender pursuant
to an Assignment and Assumption, to become a Lender for all purposes under this Agreement, to assume all obligations of the Non-Consenting
Lender to be terminated as of such date, to comply with the requirements of clause (b)&nbsp;of Section&nbsp;9.04, and provide each
Class&nbsp;of the Commitments of such Non-Consenting Lender and (ii)&nbsp;the applicable Borrower shall pay to such Non-Consenting
Lender in same day funds on the day of such replacement (1)&nbsp;all interest, fees and other amounts then accrued but unpaid to
such Non-Consenting Lender by such Borrower hereunder to and including the date of termination, including without limitation payments
due to such Non-Consenting Lender under Sections 2.15 and 2.17, and (2)&nbsp;an amount, if any, equal to the payment which would
have been due to such Lender on the day of such replacement under Section&nbsp;2.16 had the Loans of such Non-Consenting Lender
been prepaid on such date rather than sold to the replacement Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(</FONT><FONT STYLE="color: red"><STRIKE>f</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>g</U></FONT><FONT STYLE="color: #010000">)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Notwithstanding
anything to the contrary in this Agreement, upon the execution and delivery of all documentation required by Section&nbsp;2.09
to be delivered in connection with an increase to the Commitments, the Administrative Agent, the Borrowers and the new or existing
Lenders whose Commitments have been affected may and shall enter into an amendment hereof (which shall be binding on all parties
hereto and the new Lenders) solely for the purpose of reflecting any new Lenders and their new Commitments and any increase in
the Commitment of any existing Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Expenses;
Indemnity; Damage Waiver</U>. (a)&nbsp; The Loan Parties shall jointly and severally promptly pay following written demand (including
documentation reasonably supporting such request) (i)&nbsp;all reasonable and documented out of pocket expenses incurred by the
Administrative Agent and the Arrangers, and their respective Affiliates, including the reasonable fees, charges and disbursements
of counsel for the Administrative Agent (but limited, in the case of legal fees and expenses, to the reasonable fees, disbursements
and other charges of one counsel to the Administrative Agent, the Arrangers and the Lenders, taken as a whole, and, if reasonably
necessary, of one local counsel in any relevant material jurisdiction), in connection with the syndication of the credit facilities
provided for herein, the preparation, execution, delivery and administration of this Agreement and the other Loan Documents or
any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby
or thereby shall be consummated), (ii)&nbsp;all reasonable out-of-pocket expenses incurred by an Issuing Bank in connection with
the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii)&nbsp;all reasonable
and documented out-of-pocket expenses incurred by the Administrative Agent, any Issuing Bank and the Lenders, including the fees,
charges and disbursements of counsel for the Administrative Agent, any Issuing Bank and the Lenders (but limited, in the case of
legal fees and expenses, to the reasonable fees, disbursements and other charges of one counsel to the Administrative Agent, the
Arrangers and the Lenders, taken as a whole and, if reasonably necessary, of one local counsel in any relevant material jurisdiction
and solely, in the event of a conflict of interest, one additional counsel (and if necessary, one local counsel in each relevant
material jurisdiction) to each group of similarly situated affected Indemnitees, taken as a whole), in connection with the enforcement
or protection of its rights in connection with this Agreement and the other Loan Documents, including its rights under this Section,
or in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred
during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Loan Parties shall jointly and severally indemnify the Administrative Agent, each Arranger, each Issuing Bank and each Lender,
and each Related Party of any of the foregoing Persons (each such Person being called an &ldquo;<B><I>Indemnitee</I></B>&rdquo;)
against, and hold each Indemnitee harmless from, any and all <FONT STYLE="color: red"><STRIKE>actual losses, claims, damages, l</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L</U></FONT>iabilities
and <FONT STYLE="color: red"><STRIKE>documented</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>related</U></FONT>
expenses, including the fees, charges and disbursements of any counsel for any Indemnitee (but limited, in the case of legal fees
and expenses, to the reasonable fees, disbursements and other charges of one counsel to the Indemnitees, and if reasonably necessary,
one local counsel in any relevant material jurisdiction to all affected Indemnitees taken as a whole, and solely, in the event
of a conflict of interest, one additional counsel (and, if necessary, one local counsel in each relevant material jurisdiction)
to each group of similarly situated affected Indemnitees, taken as a whole), incurred by or asserted against any Indemnitee 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 of their respective obligations
hereunder or thereunder or the consummation of the Transactions or any other transactions contemplated hereby, (ii)&nbsp;any Loan
or Letter of Credit or the use of the proceeds therefrom (including any refusal by an Issuing Bank to honor a demand for payment
under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such
Letter of Credit), (iii)&nbsp;any actual or alleged presence or release of Hazardous Materials on or from any property owned or
operated by any Borrower or any of its Subsidiaries, or any Environmental Liability related in any way to any Borrower or any of
its Subsidiaries, or (iv)&nbsp;any actual or prospective claim, litigation, investigation, arbitration or proceeding relating to
any of the foregoing, whether or not such claim, litigation, investigation, arbitration or proceeding is brought by any Borrower
or any other Loan Party or their respective equity holders, Affiliates, creditors or any other third Person and whether based on
contract, tort or any other theory and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall
not, as to any Indemnitee, be available to the extent that such <FONT STYLE="color: red"><STRIKE>losses, claims, damages, l</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L</U></FONT>iabilities
or related expenses are (x)&nbsp;determined by a court of competent jurisdiction by final and non-appealable judgment to have resulted
from (i)&nbsp;the gross negligence, bad faith or willful misconduct of such Indemnitee or any of its Related Parties, or (ii)&nbsp;a
material breach by such Indemnitee or any of its Related Parties of its obligations hereunder or under the Loan Documents or (y)&nbsp;the
result of or related to any disputes solely amongst Indemnitees (other than any disputes against any Indemnitee in its capacity
or in fulfilling its role as Administrative Agent) and not arising out of any act or omission of the Borrower. This <U>Section&nbsp;9.03(b)</U>&nbsp;shall
not apply with respect to Taxes other than any Taxes that represent losses, claims or damages arising from any non-Tax claim.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Each
Lender severally agrees to pay any amount required to be paid by the Borrowers under paragraph (a)&nbsp;or (b)&nbsp;of this Section&nbsp;9.03
to the Administrative Agent, each Issuing Bank and each Swingline Lender, and each Related Party of any of the foregoing Persons
(each, an &ldquo;<B><I>Agent Indemnitee</I></B>&rdquo;) (to the extent not reimbursed by the Borrowers and without limiting the
obligation of the Borrowers to do so), ratably according to each Lender&rsquo;s respective aggregate Commitments and outstanding
Term Loans in effect on the date on which indemnification is sought under this Section&nbsp;(or, if indemnification is sought after
the date upon which the Commitments shall have terminated and the Loans shall have been paid in full, ratably in accordance with
such Applicable Percentage immediately prior to such date), from and against any and all <FONT STYLE="color: red"><STRIKE>losses,
claims, damages, l</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L</U></FONT>iabilities and related
expenses, including the fees, charges and disbursements of any kind whatsoever that may at any time (whether before or after the
payment of the Loans) be imposed on, incurred by or asserted against such Agent Indemnitee in any way relating to or arising out
of the Commitments, this Agreement, any of the other Loan Documents or any documents contemplated by or referred to herein or therein
or the transactions contemplated hereby or thereby or any action taken or omitted by such Agent Indemnitee under or in connection
with any of the foregoing; provided that no Lender shall be liable for the payment of any portion of such <FONT STYLE="color: red"><STRIKE>l</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L</U></FONT>iabilities<FONT STYLE="color: red"><STRIKE>,
obligations, losses, damages, penalties, actions, judgments, suits</STRIKE></FONT>, costs, expenses or disbursements that are found
by a final and nonappealable decision of a court of competent jurisdiction to have resulted from such Agent Indemnitee&rsquo;s
gross negligence or willful misconduct.&nbsp; The agreements in this Section&nbsp;shall survive the termination of this Agreement
and the payment of the Loans and all other amounts payable hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;To
the extent permitted by applicable law (i)&nbsp;the Borrowers shall not assert, and the Borrowers hereby waive, any claim against
<FONT STYLE="color: red"><STRIKE>any Indemnitee for any damages</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
Administrative Agent, the Arrangers, each Issuing Bank and each Lender, and each Related Party of any of the foregoing Persons
(each such Person being called a &ldquo;<B><I>Lender-Related Person</I></B>&rdquo;) for any Liabilities</U></FONT> arising from
the use by others of information or other materials obtained through telecommunications, electronic or other information transmission
systems (including the Internet), except to the extent the same is found by a final nonappealable judgment of a court of competent
jurisdiction to have arisen from the gross negligence, willful misconduct or bad faith of such <FONT STYLE="color: red"><STRIKE>Indemnitee</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Lender-Related
Person</U></FONT> or any of its Related Parties, and (ii)&nbsp;no party hereto shall assert, and each such party hereby waives,
any <FONT STYLE="color: red"><STRIKE>claim</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Liabilities</U></FONT>
against any other party hereto, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed
to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document, or
any agreement or instrument contemplated hereby or thereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds
thereof; <U>provided</U> that, nothing in this clause (d)(ii)&nbsp;shall relieve the Borrowers of any obligation <FONT STYLE="color: red"><STRIKE>it</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>they</U></FONT>
may have to indemnify an Indemnitee against special, indirect, consequential or punitive damages asserted against such Indemnitee
by a third party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;All
amounts due under this Section&nbsp;shall be payable promptly after written demand therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.04.&nbsp;</FONT><U>Successors
and Assigns</U>. (a)&nbsp; The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns permitted hereby (including any Affiliate of an Issuing Bank that issues any Letter
of Credit), except that (i)&nbsp;no Loan Party may assign or otherwise transfer any of its rights or obligations hereunder without
the prior written consent of each Lender (and any attempted assignment or transfer by a Loan Party without such consent shall be
null and void) and (ii)&nbsp;no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance
with this Section. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the
parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of an Issuing Bank that issues
any Letter of Credit), Participants (to the extent provided in paragraph&nbsp;(c)&nbsp;of this Section) and, to the extent expressly
contemplated hereby, the Related Parties of each of the Administrative Agent, the Issuing Banks 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;&nbsp;Subject
to the conditions set forth in paragraph&nbsp;(b)(ii)&nbsp;below, any Lender may assign to one or more Persons (other than an Ineligible
Institution unless an Event of Default described in clauses (a), (b), (h)&nbsp;or (i)&nbsp;of Article&nbsp;VII has occurred and
is continuing) all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment,
participations in Letters of Credit and the Loans at the time owing to it) with the prior written consent (such consent not to
be unreasonably withheld) of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Borrowers (not to be unreasonably withheld), <U>provided</U> that, no consent of the Borrowers shall be required <FONT STYLE="color: red"><STRIKE>for
</STRIKE></FONT>(i)&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>for</U></FONT> an assignment to a Lender, an
Affiliate of a Lender<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or</U></FONT>
an Approved Fund or, if <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>an</U></FONT> Event of Default has occurred
and is continuing and (ii)&nbsp;any assignment made in connection with the primary syndication of the Term Loan<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT>;
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>provided, further, that the Borrowers shall be deemed to have consented
to an assignment of all or any portion of the Term B Loans or Term B Commitments unless they shall have objected thereto by written
notice to the Administrative Agent within five (5)&nbsp;Business Days after having received notice thereof; provided, further,
that notwithstanding the foregoing, during the Certain Funds Period (or in the case of the Term B Facility, prior to the Borrowing
of Term B Loans on the Closing Date), unless a Certain Funds Default has occurred and is continuing or with respect to an assignment
to another Lender, the assignment of any Commitment shall require the prior written consent of the Borrowers, which may be given
or withheld in the Borrowers&rsquo; sole discretion;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
Administrative Agent, <U>provided</U> that no consent of the Administrative Agent shall be required for an assignment of (x)&nbsp;any
Revolving Commitment to an assignee that is a Lender (other than a Defaulting Lender) with a Revolving Commitment immediately prior
to giving effect to such assignment and (y)&nbsp;all or any portion of the Term Loan to a Lender, an Affiliate of a Lender or an
Approved Fund;</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"></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 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>each
Issuing Bank, <U>provided</U> that no consent of the Issuing Banks shall be required for an assignment of all or any portion of
a Term Loan; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>each
Swingline Lender, <U>provided</U> that no consent of the Swingline Lenders shall be required for an assignment of all or any portion
of a Term Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Assignments
shall be subject to the following additional conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>except
in the case of an assignment to a Lender or an Affiliate of a Lender or an Approved Fund or an assignment of the entire remaining
amount of the assigning Lender&rsquo;s Commitment or Loans of any Class, the amount of the Commitment or Loans of the assigning
Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such assignment
is delivered to the Administrative Agent) shall not be less than $5,000,000 or, in the case of a Term Loan, $500,000 unless each
of the Borrowers and the Administrative Agent otherwise consent, <U>provided</U> that no such consent of the Borrowers shall be
required if an Event of Default has occurred and is continuing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>each
partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender&rsquo;s rights and obligations
under this Agreement, <U>provided</U> that this clause shall not be construed to prohibit the assignment of a proportionate part
of all the assigning Lender&rsquo;s rights and obligations in respect of one Class&nbsp;of Commitments or Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
parties to each assignment shall execute and deliver to the Administrative Agent (x)&nbsp;an Assignment and Assumption or (y)&nbsp;to
the extent applicable, an agreement incorporating an Assignment and Assumption by reference pursuant to an Approved Electronic
Platform as to which the Administrative Agent and the parties to the Assignment and Assumption are participants, together with
a processing and recordation fee of $3,500; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire in which the assignee
designates one or more Credit Contacts to whom all syndicate-level information (which may contain material non-public information
about the Borrowers, the Loan Parties and their Related Parties or their respective securities) will be made available and who
may receive such information in accordance with the assignee&rsquo;s compliance procedures and applicable laws, including federal
and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For the purposes of this Section&nbsp;9.04(b),
the term &ldquo;<B><I>Approved Fund</I></B>&rdquo; and &ldquo;<B><I>Ineligible Institution</I></B>&rdquo; have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Approved Fund</I></B>&rdquo;
means any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans and similar
extensions of credit in the ordinary course of its business and that is administered or managed by (a)&nbsp;a Lender, (b)&nbsp;an
Affiliate of a Lender or (c)&nbsp;an entity or an Affiliate of an entity that administers or manages a Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<B><I>Ineligible Institution</I></B>&rdquo;
means (a)&nbsp;a natural person, (b)&nbsp;a Defaulting Lender or its Lender Parent, (c)&nbsp;a holding company, investment vehicle
or trust for, or owned and operated for the primary benefit of, a natural person or relative(s)&nbsp;thereof, (d)&nbsp;the Borrowers
or any of their respective Affiliates, (e)&nbsp;any Person designated by the Borrowers, by written notice delivered to the Administrative
Agent on or prior to <FONT STYLE="color: red"><STRIKE>August&nbsp;10</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>January&nbsp;27</U></FONT>,
<FONT STYLE="color: red"><STRIKE>2018</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2021</U></FONT>,
as a disqualified institution or competitor of the Borrowers<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, the Target</U></FONT>
or their <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>respective</U></FONT> Subsidiaries <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(other
than, in each case, bona fide fixed income investors or debt funds)</U></FONT> (a &ldquo;<B><I>Competitor</I></B>&rdquo;), or (f)&nbsp;any
Person that is clearly identifiable, solely on the basis of <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the similarity
of</U></FONT> such Person&rsquo;s name <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>to the name of a Person referred
to in clause (e)&nbsp;above</U></FONT>, as an Affiliate of <FONT STYLE="color: red"><STRIKE>any</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>such</U></FONT>
Person referred to in clause (e)&nbsp;above (<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>in the case of Affiliates
of such Persons set forth in clause (e)&nbsp;above, other than bona fide fixed income investors or debt funds) (</U></FONT>the
persons described <FONT STYLE="color: red"><STRIKE>in </STRIKE></FONT>in clauses (e)&nbsp;and (f)&nbsp;are collectively, the &ldquo;<B><I>Disqualified
Institutions</I></B>&rdquo;); <U>provided</U> that, with respect to clause (c), such holding company, investment vehicle or trust
shall not constitute an Ineligible Institution if it (x)&nbsp;has not been established for the primary purpose of acquiring any
Loans or Commitments, (y)&nbsp;is managed by a professional advisor, who is not such natural person or a relative thereof, having
significant experience in the business of making or purchasing commercial loans, and (z)&nbsp;has assets greater than $25,000,000
and a significant part of its activities consist of making or purchasing commercial loans and similar extensions of credit in the
ordinary course of its business; <U>provided further</U>, with respect to clauses (e)&nbsp;and (f), Disqualified Institutions shall
(A)&nbsp;exclude any person that Parent has designated as no longer being a Disqualified Institution by written notice delivered
to the Administrative Agent from time to time and (B)&nbsp;include any person that is added as a Competitor, pursuant to a written
supplement to the list of Competitors that are Disqualified Institutions, that is delivered by Parent <FONT STYLE="color: red"><STRIKE>upon
reasonable notice </STRIKE></FONT>to the Administrative Agent <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>by email
to JPMDQ_Contact@jpmorgan.com</U></FONT> (such supplement <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>shall become
effective three Business Days after delivery to the Administrative Agent at the foregoing email address and</U></FONT> shall not
retroactively disqualify any Person who is a Lender or <FONT STYLE="color: red"><STRIKE>p</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>P</U></FONT>articipant
<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or who has entered into a trade to become a Lender or Participant</U></FONT>
prior to such supplement becoming effective); <U>provided</U>, <U>further</U>, that upon the occurrence and during the continuance
of an Event of Default, any Person (other than a Lender) shall be an Ineligible Institution if after giving effect to any proposed
assignment to such Person, such Person would hold more than 25% of the then outstanding Total Revolving Credit Exposure or Commitments,
as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Subject
to acceptance and recording thereof pursuant to paragraph&nbsp;(b)(iv)&nbsp;of this Section, from and after the effective date
specified in each Assignment and Assumption the assignee thereunder shall be a party hereto and, to the extent of the interest
assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning
Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations
under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender&rsquo;s rights and
obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits
of Sections&nbsp;2.15, 2.16, 2.17 and 9.03). Any assignment or transfer by a Lender of rights or obligations under this Agreement
that does not comply with this Section&nbsp;shall be treated for purposes of this Agreement as a sale by such Lender of a participation
in such rights and obligations in accordance with paragraph&nbsp;(c)&nbsp;of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Administrative Agent, acting for this purpose as a non-fiduciary agent of the Borrower<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT>,
shall maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation
of the names and addresses of the Lenders, and the Commitment of, and principal amount (and stated interest) of the Loans and LC
Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the &ldquo;<B><I>Register</I></B>&rdquo;).
The entries in the Register shall be conclusive, and the Borrower<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT>,
the Administrative Agent, the Issuing Banks and the Lenders shall treat each Person whose name is recorded in the Register pursuant
to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register
shall be available for inspection by the Borrower<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>s</U></FONT>, any Issuing
Bank and any Lender, at any reasonable time and from time to time upon reasonable prior notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Upon
its receipt of (x)&nbsp;a duly completed Assignment and Assumption executed by an assigning Lender and an assignee or (y)&nbsp;to
the extent applicable, an agreement incorporating an Assignment and Assumption by reference pursuant to an Approved Electronic
Platform as to which the Administrative Agent and the parties to the Assignment and Assumption are participants, the assignee&rsquo;s
completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation
fee referred to in paragraph&nbsp;(b)&nbsp;of this Section&nbsp;and any written consent to such assignment required by paragraph&nbsp;(b)&nbsp;of
this Section, the Administrative Agent shall accept such Assignment and Assumption and record the information contained therein
in the Register; <U>provided</U> that if either the assigning Lender or the assignee shall have failed to make any payment required
to be made by it pursuant to Section&nbsp;2.05(<FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>c</U></FONT>),
2.06(d)&nbsp;or (e), 2.07(b), 2.18(d)&nbsp;or 9.03(c), the Administrative Agent shall have no obligation to accept such Assignment
and Assumption and record the information therein in the Register unless and until such payment shall have been made in full, together
with all accrued interest thereon. No assignment shall be effective for purposes of this Agreement unless it has been recorded
in the Register as provided in this paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Administrative Agent shall have the right, and the Borrowers hereby expressly authorize the Administrative Agent, to (A)&nbsp;post
the Disqualified Institutions provided by the Borrowers and any updates thereto from time to time (collectively, the &ldquo;<B><I>DQ
List</I></B>&rdquo;) on the Approved Electronic Platform, including that portion of the Approved Electronic Platform that is designated
for Public-Siders and/or (B)&nbsp;provide the DQ List to <FONT STYLE="color: red"><STRIKE>each</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>any</U></FONT>
Lender <FONT STYLE="color: red"><STRIKE>requesting the same</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
bona fide prospective Lender, assignee or Participant</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Any
Lender may, without the consent of, or notice to, any Borrower, the Administrative Agent, the Issuing Banks or the Swingline Lenders,
sell participations to one or more banks or other entities (a &ldquo;<B><I>Participant</I></B>&rdquo;), other than an Ineligible
Institution (unless an Event of Default described in clauses (a), (b), (h)&nbsp;or (i)&nbsp;of Article&nbsp;VII has occurred and
is continuing), in all or a portion of such Lender&rsquo;s rights and/or obligations under this Agreement (including all or a portion
of its Commitment and/or the Loans owing to it); <U>provided</U> that (A)&nbsp;such Lender&rsquo;s obligations under this Agreement
shall remain unchanged; (B)&nbsp;such Lender shall remain solely responsible to the other parties hereto for the performance of
such obligations; and (C)&nbsp;the Borrowers, the Administrative Agent, the Issuing Banks and the other Lenders shall continue
to deal solely and directly with such Lender in connection with such Lender&rsquo;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 any amendment,
modification or waiver described in the first proviso to Section&nbsp;9.02(b)&nbsp;that affects such Participant. The Borrowers
agree that each Participant shall be entitled to the benefits of Sections&nbsp;2.15, 2.16 and 2.17 (subject to the requirements
and limitations therein, including the requirements under Sections 2.17(f)&nbsp;and (g)&nbsp;(it being understood that the documentation
required under Section&nbsp;2.17(f)&nbsp;shall be delivered to the participating Lender and the information and documentation required
under Section&nbsp;2.17(g)&nbsp;will be delivered to the Borrowers and the Administrative Agent)) to the same extent as if it were
a Lender and had acquired its interest by assignment pursuant to paragraph&nbsp;(b)&nbsp;of this Section; <U>provided</U> that
such Participant (A)&nbsp;agrees to be subject to the provisions of Section&nbsp;2.19 as if it were an assignee under paragraph&nbsp;(b)&nbsp;of
this Section; and (B)&nbsp;shall not be entitled to receive any greater payment under Section&nbsp;2.15 or 2.17, with respect to
any participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to
receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation.
Each Lender that sells a participation agrees, at the Borrowers&rsquo; request and expense, to use reasonable efforts to cooperate
with the Borrowers to effectuate the provisions of Section&nbsp;2.19(b)&nbsp;with respect to any Participant. To the extent permitted
by law, each Participant also shall be entitled to the benefits of Section&nbsp;9.08 as though it were a Lender; <U>provided</U>
that such Participant agrees to be subject to Section&nbsp;2.18(c)&nbsp;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 Borrowers, maintain a register on which it enters the name
and address of each Participant and the principal amounts (and stated interest) of each Participant&rsquo;s interest in the Loans
or other obligations under the Loan Documents (the &ldquo;<B><I>Participant Register</I></B>&rdquo;); <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&rsquo;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&nbsp;5f.103-1(c)&nbsp;of the United States Treasury
Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each
Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement
notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative
Agent) shall have no responsibility for maintaining a Participant Register.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notwithstanding anything in this Agreement
to the contrary, any Participant that is a member of the Farm Credit System that (i)&nbsp;has purchased a participation from a
selling Lender in the minimum amount of $10,000,000 on or after the Effective Date, (ii)&nbsp;is, by written notice to Parent and
the Administrative Agent (&ldquo;<B><I>Voting Participant Notification</I></B>&rdquo;), designated by such selling Lender as being
entitled to be accorded the rights of a voting participant hereunder (any bank that is a member of the Farm Credit System so designated
being called a &ldquo;<B><I>Voting Participant</I></B>&rdquo;) and (iii)&nbsp;receives the prior written consent of Parent and
the Administrative Agent to become a Voting Participant, shall be entitled to vote (and the voting rights of such selling Lender
shall be correspondingly reduced), on a dollar for dollar basis, as if such participant were a Lender, on any matter requiring
or allowing a Lender to provide or withhold its consent, or to otherwise vote on any proposed action. To be effective, each Voting
Participant Notification shall, with respect to any Voting Participant, (i)&nbsp;state the full name, as well as all contact information
required of assignee as set forth in Exhibit&nbsp;A hereto and (ii)&nbsp;state the dollar amount of the participation purchased.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notwithstanding the foregoing, each of the
following members of the Farm Credit System shall be a Voting Participant without delivery of a Voting Participant Notification
and without the prior written consent of the Borrowers and the Administrative Agent<FONT STYLE="color: red"><STRIKE>: </STRIKE></FONT>:
(i)&nbsp;FCS Commercial Finance Group, for AgCountry Farm Credit Services, FLCA, (ii)&nbsp;Greenstone Farm Credit Services, FLCA,
(iii)&nbsp;Compeer Financial, FLCA, (iv)&nbsp;Farm Credit Mid America, FLCA and (v)&nbsp;American AgCredit, FLCA.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>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, and this Section&nbsp;shall
not apply to any such pledge or assignment of a security interest; <U>provided</U> that no such pledge or assignment of a security
interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender
as a party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.05.&nbsp;</FONT><U>Survival</U>.
All covenants, agreements, representations and warranties made by the Borrowers herein and in the other Loan Documents and in the
certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Documents shall
be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement
and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party
or on its behalf and notwithstanding that the Administrative Agent, any Issuing Bank or any Lender may have had notice or knowledge
of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full
force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount payable under this
Agreement is outstanding and unpaid or any Letter of Credit is outstanding and so long as the Commitments have not expired or terminated.
The provisions of Sections&nbsp;2.15, 2.16, 2.17 and 9.03 and Article&nbsp;VIII shall survive and remain in full force and effect
regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans, the expiration or termination
of the Letters of Credit and the Commitments or the termination of this Agreement or any provision hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.06.&nbsp;</FONT><U>Counterparts;
Integration; Effectiveness; Electronic Execution</U>. (a)&nbsp; This Agreement may be executed in counterparts (and by different
parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall
constitute a single contract. This Agreement, the other Loan Documents and any separate letter agreements with respect to (i)&nbsp;fees
payable to the Administrative Agent and (ii)&nbsp;the reductions of the Letter of Credit Commitment of any Issuing Bank constitute
the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings,
oral or written, relating to the subject matter hereof. Except as provided in <U>Section&nbsp;4.01</U>, this Agreement shall become
effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts
hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon
and inure to the benefit of the parties hereto and their respective successors and assigns.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Delivery
of an executed counterpart of a signature page&nbsp;of this Agreement by telecopy, emailed pdf. or any other electronic means that
reproduces an image of the actual executed signature page&nbsp;shall be effective as delivery of a manually executed counterpart
of this Agreement. The words &ldquo;execution,&rdquo; &ldquo;signed,&rdquo; &ldquo;signature,&rdquo; &ldquo;delivery,&rdquo; and
words of like import in or relating to any document to be signed in connection with this Agreement and the transactions contemplated
hereby shall be deemed to include Electronic Signatures, deliveries or the keeping of records in electronic form, each of which
shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the
use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including
the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act,
or any other similar state laws based on the Uniform Electronic Transactions Act; provided that nothing herein shall require the
Administrative Agent to accept electronic signatures in any form or format without its prior written consent.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.07.&nbsp;</FONT><U>Severability</U>.
Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability
of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate
such provision in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.08.&nbsp;</FONT><U>Right
of Setoff</U>. If an Event of Default shall have occurred and be continuing, each Lender, each Issuing Bank, and each of their
respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off
and apply any and all deposits (general or special, time or demand, provisional or final) at any time held, and other obligations
at any time owing, by such Lender, such Issuing Bank or any such Affiliate, to or for the credit or the account of the Borrowers
against any and all of the obligations of the Borrowers now or hereafter existing under this Agreement or any other Loan Document
to such Lender or such Issuing Bank or their respective Affiliates, irrespective of whether or not such Lender,&nbsp;Issuing Bank
or Affiliate shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Borrowers
may be contingent or unmatured or are owed to a branch office or Affiliate of such Lender or such Issuing Bank different from the
branch office or Affiliate holding such deposit or obligated on such indebtedness; provided that in the event that 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;2.20 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. The rights
of each Lender, each Issuing Bank and their respective Affiliates under this Section&nbsp;are in addition to other rights and remedies
(including other rights of setoff) that such Lender, such Issuing Bank or their respective Affiliates may have. Each Lender and
Issuing Bank agrees to notify the Borrowers and the Administrative Agent 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.09.&nbsp;</FONT><U>Governing
Law; Jurisdiction; Consent to Service of Process</U>. (a)&nbsp; This Agreement and the other Loan Documents shall be construed
in accordance with and governed by the law of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Each
of the Lenders and the Administrative Agent hereby irrevocably and unconditionally agrees that, notwithstanding the governing law
provisions of any applicable Loan Document, any claims brought against the Administrative Agent by any Secured Party relating to
this Agreement, any other Loan Document, the Collateral or the consummation or administration of the transactions contemplated
hereby or thereby shall be construed in accordance with and governed by the law of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Each
of the parties hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction
of the United&nbsp;States District Court for the Southern District of New York sitting in the Borough of Manhattan (or if such
court lacks subject matter jurisdiction, the Supreme Court of the State of New&nbsp;York sitting in the Borough of Manhattan),
and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or any other
Loan Document or the transactions relating hereto or thereto, or for recognition or enforcement of any judgment, and each of the
parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may (and
any such claims, cross-claims or third party claims brought against the Administrative Agent or any of its Related Parties may
only) be heard and determined in such federal (to the extent permitted by law) or New&nbsp;York State court. Each of the parties
hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions
by suit on the judgment or in any other manner provided by law. Nothing in this Agreement or in any other Loan Document shall affect
any right that the Administrative Agent, any Issuing Bank or any Lender may otherwise have to bring any action or proceeding relating
to this Agreement against the Borrowers, any Loan Party or its properties in the courts of any jurisdiction.</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"></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 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Each
of the parties hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so,
any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating
to this Agreement or any other Loan Document in any court referred to in paragraph&nbsp;(c)&nbsp;of this Section. Each of the parties
hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance
of such action or proceeding in any such court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;Each
party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section&nbsp;9.01, and
SWM Luxembourg and each Loan Guarantor that is a Foreign Subsidiary of Parent hereby appoints <FONT STYLE="color: red"><STRIKE>SWM
International</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Parent</U></FONT> as its agent for such
service of process. Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other
manner permitted by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.10.&nbsp;</FONT><U>WAIVER
OF JURY TRIAL</U>. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY&nbsp;HAVE
TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS
CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A)&nbsp;CERTIFIES THAT NO REPRESENTATIVE,
AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT,&nbsp;IN THE EVENT
OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B)&nbsp;ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED
TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.11.&nbsp;</FONT><U>Headings</U>.
Article&nbsp;and Section&nbsp;headings and the Table of Contents used herein are for convenience of reference only, are not part
of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.12.&nbsp;</FONT><U>Confidentiality</U>.
Each of the Administrative Agent, the Issuing Banks and the Lenders agrees to maintain the confidentiality of the Information (as
defined below), except that Information may be disclosed (a)&nbsp;to its and its Affiliates&rsquo; directors, officers, employees
and agents, including accountants, legal counsel and other advisors (it being understood that the Persons to whom such disclosure
is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential),
(b)&nbsp;to the extent requested by any Governmental Authority (including any self-regulatory authority, such as the National Association
of Insurance Commissioners), (c)&nbsp;to the extent required by applicable laws or regulations or by any subpoena or similar legal
process, (d)&nbsp;to any other party to this Agreement, (e)&nbsp;in connection with the exercise of any remedies hereunder or under
any other Loan Document or any suit, action or proceeding relating to this Agreement or the enforcement of rights hereunder of
under any other Loan Document, (f)&nbsp;subject to an agreement containing provisions substantially the same as those of this Section,
to (i)&nbsp;any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations
under this Agreement or (ii)&nbsp; any actual or prospective counterparty (or its advisors) to any swap or derivative transaction
relating to the Borrowers and their obligations, (g)&nbsp;on a confidential basis to (1)&nbsp;any rating agency in connection with
rating the Borrowers or their Subsidiaries, the credit facilities provided for herein or the Senior Notes or (2)&nbsp;the CUSIP
Service Bureau or any similar agency in connection with the issuance and monitoring of identification numbers with respect to the
credit facilities provided for herein, (h)&nbsp;with the consent of the Borrowers or (i)&nbsp;to the extent such Information (i)&nbsp;becomes
publicly available other than as a result of a breach of this Section&nbsp;or (ii)&nbsp;becomes available to the Administrative
Agent, any Issuing Bank or any Lender on a non-confidential basis from a source other than the Borrowers. For the purposes of this
Section, &ldquo;<B><I>Information</I></B>&rdquo; means all information received from the Borrowers relating to the Borrowers or
their business, other than any such information that is available to the Administrative Agent, any Issuing Bank or any Lender on
a non-confidential basis prior to disclosure by the Borrowers and other than information pertaining to this Agreement routinely
provided by arrangers to data service providers, including league table providers, that serve the lending industry; provided that,
in the case of information received from the Borrowers 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&nbsp;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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.13.&nbsp;</FONT><U>Material
Non-Public Information</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B>EACH
LENDER ACKNOWLEDGES THAT INFORMATION AS DEFINED IN SECTION&nbsp;9.12 FURNISHED TO IT PURSUANT TO THIS AGREEMENT MAY&nbsp;INCLUDE
MATERIAL NON-PUBLIC INFORMATION CONCERNING THE BORROWERS AND THEIR RELATED PARTIES OR THEIR RESPECTIVE SECURITIES, AND CONFIRMS
THAT IT HAS DEVELOPED COMPLIANCE PROCEDURES REGARDING THE USE OF MATERIAL NON-PUBLIC INFORMATION AND THAT IT WILL HANDLE SUCH MATERIAL
NON-PUBLIC INFORMATION IN ACCORDANCE WITH THOSE PROCEDURES AND APPLICABLE LAW,&nbsp;INCLUDING FEDERAL AND STATE SECURITIES LAWS.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B>ALL
INFORMATION,&nbsp;INCLUDING REQUESTS FOR WAIVERS AND AMENDMENTS, FURNISHED BY THE BORROWERS OR THE ADMINISTRATIVE AGENT PURSUANT
TO, OR IN THE COURSE OF ADMINISTERING, THIS AGREEMENT WILL BE SYNDICATE-LEVEL INFORMATION, WHICH MAY&nbsp;CONTAIN MATERIAL NON-PUBLIC
INFORMATION ABOUT THE BORROWERS, THE LOAN PARTIES AND THEIR RELATED PARTIES OR THEIR RESPECTIVE SECURITIES. ACCORDINGLY, EACH LENDER
REPRESENTS TO THE BORROWERS AND THE ADMINISTRATIVE AGENT THAT IT HAS IDENTIFIED IN ITS ADMINISTRATIVE QUESTIONNAIRE A CREDIT CONTACT
WHO MAY&nbsp;RECEIVE INFORMATION THAT MAY&nbsp;CONTAIN MATERIAL NON-PUBLIC INFORMATION IN ACCORDANCE WITH ITS COMPLIANCE PROCEDURES
AND APPLICABLE LAW.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.14.&nbsp;</FONT><U>Interest
Rate Limitation</U>. Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan,
together with all fees, charges and other amounts which are treated as interest on such Loan under applicable law (collectively
the &ldquo;<B><I>Charges</I></B>&rdquo;), shall exceed the maximum lawful rate (the &ldquo;<B><I>Maximum Rate</I></B>&rdquo;) which
may be contracted for, charged, taken, received or reserved by the Lender holding such Loan in accordance with applicable law,
the rate of interest payable in respect of such Loan hereunder, together with all Charges payable in respect thereof, shall be
limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of such
Loan but were not payable as a result of the operation of this Section&nbsp;shall be cumulated and the interest and Charges payable
to such Lender in respect of other Loans or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated
amount, together with interest thereon at the NYFRB Rate to the date of repayment, shall have been received by such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.15.&nbsp;</FONT><U>No
Fiduciary Duty,&nbsp;etc</U>. Each Borrower acknowledges and agrees, and acknowledges its Subsidiaries&rsquo; understanding, that
no Credit Party will have any obligations except those obligations expressly set forth herein and in the other Loan Documents and
each Credit Party is acting solely in the capacity of an arm&rsquo;s length contractual counterparty to the Borrowers and their
respective Restricted Subsidiaries with respect to the Loan Documents and the transactions contemplated therein and not as a financial
advisor or a fiduciary to, or an agent of, any Borrower or any other person. Each Borrower agrees that it will not assert any claim
against any Credit Party based on an alleged breach of fiduciary duty by such Credit Party in connection with this Agreement and
the transactions contemplated hereby. Additionally, each Borrower acknowledges and agrees that no Credit Party is advising any
Borrower as to any legal, tax, investment, accounting, regulatory or any other matters in any jurisdiction. The Borrowers shall
consult with their own advisors concerning such matters and shall be responsible for making their own independent investigation
and appraisal of the transactions contemplated hereby, and the Credit Parties shall have no responsibility or liability to any
Borrower with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each Borrower further acknowledges and agrees,
and acknowledges its Subsidiaries&rsquo; understanding, that each Credit Party, together with their respective Affiliates, is a
full service securities or banking firm engaged in securities trading and brokerage activities as well as providing investment
banking and other financial services. In the ordinary course of business, any Credit Party may provide investment banking and other
financial services to, and/or acquire, hold or sell, for its own accounts and the accounts of customers, equity, debt and other
securities and financial instruments (including bank loans and other obligations) of, the Borrowers and other companies with which
the Borrowers may have commercial or other relationships. With respect to any securities and/or financial instruments so held by
any Credit Party or any of its customers, all rights in respect of such securities and financial instruments, including any voting
rights, will be exercised by the holder of the rights, in its sole discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In addition, each Borrower acknowledges
and agrees, and acknowledges its Subsidiaries&rsquo; understanding, that each Credit Party, together with their respective Affiliates,
may be providing debt financing, equity capital or other services (including financial advisory services) to other companies in
respect of which the Borrowers may have conflicting interests regarding the transactions described herein and otherwise. No Credit
Party will use confidential information obtained from the Borrowers by virtue of the transactions contemplated by the Loan Documents
or its other relationships with the Borrowers in connection with the performance by such Credit Party of services for other companies,
and no Credit Party will furnish any such information to other companies. Each Borrower also acknowledges that no Credit Party
has any obligation to use in connection with the transactions contemplated by the Loan Documents, or to furnish to the Borrowers,
confidential information obtained from other companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.16.&nbsp;</FONT><U>USA
PATRIOT Act</U>. Each Lender that is subject to the requirements of the USA PATRIOT Act of 2001 (the &ldquo;<B><I>Patriot Act</I></B>&rdquo;)
hereby notifies the Loan Parties that pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record
information that identifies the Loan Parties, which information includes the name and address of each Loan Party and other information
that will allow such Lender to identify the Loan Parties in accordance with the Patriot Act. Further, Borrowers shall promptly
following any request therefor, provide information and documentation reasonably requested by the Administrative Agent or any Lender
for purposes of compliance with applicable &ldquo;know your customer&rdquo; and anti-money-laundering rules&nbsp;and regulations,
including, without limitation, the Beneficial Ownership Regulation for any Borrower that qualifies as a &ldquo;legal entity customer&rdquo;
under the Beneficial Ownership Regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.17.&nbsp;</FONT><U>Judgment
Currency</U>. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder or any other
Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal
banking procedures the Administrative Agent could purchase the first currency with such other currency on the Business Day preceding
that on which final judgment is given. The obligation of each Borrower in respect of any such sum due from it to the Administrative
Agent or the Lenders hereunder or under the other Loan Documents shall, notwithstanding any judgment in a currency (the &ldquo;<B><I>Judgment
Currency</I></B>&rdquo;) other than that in which such sum is denominated in accordance with the applicable provisions of this
Agreement (the &ldquo;<B><I>Agreement Currency</I></B>&rdquo;), be discharged only to the extent that on the Business Day following
receipt by the Administrative Agent of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent may, in
accordance with normal banking procedures, purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement
Currency so purchased is less than the sum originally due to the Administrative Agent from any Borrower in the Agreement Currency,
such Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or
the Person to whom such obligation was owing against such loss. If the amount of the Agreement Currency so purchased is greater
than the sum originally due to the Administrative Agent in such currency, the Administrative Agent agrees to return the amount
of any excess to such Borrower (or to any other Person who may be entitled thereto under applicable law).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;9.18.&nbsp;</FONT><U>Acknowledgement
and Consent to Bail-In of EEA Financial Institutions</U>. 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
<FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Affected</U></FONT>
Financial Institution arising under any Loan Document may be subject to the Write-Down and Conversion Powers of <FONT STYLE="color: red"><STRIKE>an
EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the applicable</U></FONT> 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
application of any Write-Down and Conversion Powers by an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the
applicable</U></FONT> Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto
that is an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Affected</U></FONT>
Financial Institution; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
conversion of all, or a portion of, such liability into shares or other instruments of ownership in such <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Affected</U></FONT>
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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0.5in"><FONT STYLE="color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of <FONT STYLE="color: red"><STRIKE>any
EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>the applicable</U></FONT> Resolution Authority.</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"></P>

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<!-- Field: Split-Segment; Name: 13 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>SECTION&nbsp;9.19.</U></FONT><FONT STYLE="text-transform: uppercase; color: #010000"> </FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Acknowledgement
Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for
Swap Agreements or any other agreement or instrument that is a QFC (such support &ldquo;<B><I>QFC Credit
Support</I></B>&rdquo; and each such QFC a &ldquo;<B><I>Supported QFC</I></B>&rdquo;), 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 &ldquo;<B><I>U.S. Special Resolution Regimes</I></B>&rdquo;) 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):</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>In
the event a Covered Entity that is party to a Supported QFC (each, a &ldquo;<B><I>Covered Party</I></B>&rdquo;) 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.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #010000"><FONT STYLE="text-transform: uppercase"><B>ARTICLE&nbsp;X</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Loan
Guaranty</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Guaranty</U>.
Parent hereby agrees that it is liable for, and absolutely and unconditionally guarantees to the Secured Parties, the prompt payment
when due, whether at stated maturity, upon acceleration or otherwise, and at all times thereafter, of the Secured Obligations and
all costs and expenses including, without limitation, all court costs and attorneys&rsquo; and paralegals&rsquo; fees (including
allocated costs of in-house counsel and paralegals) and expenses paid or incurred by the Secured Parties in endeavoring to collect
all or any part of such Secured Obligations from, or in prosecuting any action against, each such other Borrower or any other guarantor
of all or any part of such Secured Obligations (such costs and expenses, together with such Obligations, collectively the &ldquo;Guaranteed
Obligations&rdquo;). Parent further agrees that its Guaranteed Obligations may be extended or renewed in whole or in part without
notice to or further assent from it, and that it remains bound upon its guarantee notwithstanding any such extension or renewal.
All terms of this Loan Guaranty apply to and may be enforced by or on behalf of any domestic or foreign branch or Affiliate of
any Secured Party that extended any portion of the Guaranteed Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Guaranty
of Payment</U>. This Loan Guaranty is a guaranty of payment and not of collection. Parent waives any right to require any Secured
Party to sue any Borrower, any other guarantor, or any other Person obligated for all or any part of the Guaranteed Obligations
(each, an &ldquo;Obligated Party&rdquo;), or otherwise to enforce its payment against any collateral securing all or any part of
the Guaranteed Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Discharge or Diminishment of Loan Guaranty</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Except
as otherwise provided for herein, the obligations of Parent hereunder are unconditional and absolute and not subject to any reduction,
limitation, impairment or termination for any reason (other than the payment in full in cash of the Guaranteed Obligations), including:
(i)&nbsp;any claim of waiver, release, extension, renewal, settlement, surrender, alteration, or compromise of any of the Guaranteed
Obligations, by operation of law or otherwise; (ii)&nbsp;any change in the corporate existence, structure or ownership of any Obligated
Party; (iii)&nbsp;any insolvency, bankruptcy, reorganization or other similar proceeding affecting any Obligated Party, or such
Obligated Party&rsquo;s assets or any resulting release or discharge of any obligation of any Obligated Party; or (iv)&nbsp;the
existence of any claim, setoff or other rights which Parent may have at any time against any other Obligated Party, any Secured
Party or any other Person, whether in connection herewith or in any unrelated transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
obligations of Parent hereunder are not subject to any defense or setoff, counterclaim, recoupment, or termination whatsoever by
reason of the invalidity, illegality, or unenforceability of any of the Guaranteed Obligations or otherwise, or any provision of
applicable law or regulation purporting to prohibit payment by any Obligated Party, of its Guaranteed Obligations or any part thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Further,
the obligations of Parent hereunder are not discharged or impaired or otherwise affected by: (i)&nbsp;the failure of any Secured
Party to assert any claim or demand or to enforce any remedy with respect to all or any part of the Guaranteed Obligations; (ii)&nbsp;any
waiver or modification of or supplement to any provision of any agreement (including this Agreement, any Subsidiary Guaranty or
any other Loan Document) relating to the Guaranteed Obligations; (iii)&nbsp;any release, non-perfection, or invalidity of any indirect
or direct security (if any) for the obligations of Parent for all or any part of its Guaranteed Obligations or any obligations
of any other guarantor of or other person liable for any of the Guaranteed Obligations; (iv)&nbsp;any action or failure to act
by any Secured Party with respect to any collateral (if any) securing any part of its Guaranteed Obligations; or (v)&nbsp;any default,
failure or delay, willful or otherwise, in the payment or performance of any of the Guaranteed Obligations, or any other circumstance,
act, omission or delay that might in any manner or to any extent vary the risk of Parent or that would otherwise operate as a discharge
of Parent as a matter of law or equity (other than the payment in full in cash of the Guaranteed Obligations).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Defenses Waived</U>. To the fullest extent permitted by applicable law, Parent hereby
waives any defense based on or arising out of any defense of Parent or the unenforceability of all or any part of the
Guaranteed Obligations from any cause, or the cessation from any cause of the liability of Parent, other than the payment in
full in cash of the Guaranteed Obligations. Without limiting the generality of the foregoing, Parent irrevocably waives
acceptance hereof, presentment, demand, protest and, to the fullest extent permitted by law, any notice not provided for
herein, as well as any requirement that at any time any action be taken by any Person against any Obligated Party, or any
other Person, and Parent confirms that it is not a surety under any state law and shall not raise any such law as a defense
to its obligations hereunder. The Administrative Agent may, at its election, foreclose on any collateral (if any) held by it
by one or more judicial or nonjudicial sales, accept an assignment of any such collateral in lieu of foreclosure or otherwise
act or fail to act with respect to any collateral securing all or a part of the Guaranteed Obligations, compromise or adjust
any part of the Guaranteed Obligations, make any other accommodation with any Obligated Party or exercise any other right or
remedy available to it against any Obligated Party, without affecting or impairing in any way the liability of Parent under
this Loan Guaranty except to the extent the Guaranteed Obligations have been paid in full in cash. To the fullest extent
permitted by applicable law, Parent waives any defense arising out of any such election even though that election may
operate, pursuant to applicable law, to impair or extinguish any right of reimbursement or subrogation or other right or
remedy of Parent against any Obligated Party or any security.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Rights
of Subrogation</U>. Parent will not assert any right, claim or cause of action, including, without limitation, a claim of subrogation,
contribution or indemnification that it has against any Obligated Party, or any collateral (if any), until each of the Loan Parties
have fully performed all its obligations to the Secured Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Reinstatement;
Stay of Acceleration</U>. If at any time any payment of any portion of the Guaranteed Obligations is rescinded or must otherwise
be restored or returned upon the insolvency, bankruptcy, or reorganization of any Loan Party or otherwise, Parent&rsquo;s obligations
under this Loan Guaranty with respect to that payment shall be reinstated at such time as though the payment had not been made
and whether or not the Secured Parties are in possession of this Loan Guaranty. If acceleration of the time for payment of any
of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy or reorganization of any Loan Party, all such amounts otherwise
subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations shall nonetheless be payable by
Parent forthwith on demand by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Information</U>.
Parent assumes all responsibility for being and keeping itself informed of each Loan Party&rsquo;s financial condition and assets,
and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent
of the risks that Parent assumes and incurs under this Loan Guaranty, and agrees that no Secured Party shall have any duty to advise
Parent of information known to it regarding those circumstances or risks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Termination</U>.
The Lenders may continue to make loans or extend credit to each Borrower based on this Loan Guaranty until five (5)&nbsp;days after
it receives written notice of termination of this Loan Guaranty from Parent. Notwithstanding receipt of any such notice, Parent
will continue to be liable to the Secured Parties for any of its Guaranteed Obligations created, assumed or committed to prior
to the fifth (5<SUP>th</SUP>) day after receipt of the notice, and all subsequent renewals, extensions, modifications and amendments
with respect to, or substitutions for, all or any part of such Guaranteed Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.09.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Taxes</U>. Each payment of the Guaranteed Obligations will be made by each Loan
Guarantor without withholding for any Taxes, unless such withholding is required by law. If any Loan Guarantor determines, in
its sole discretion exercised in good faith, that it is so required to withhold Taxes, then such Loan Guarantor may so
withhold and shall timely pay the full amount of withheld Taxes to the relevant Governmental Authority in accordance with
applicable law. If such Taxes are Indemnified Taxes, then the amount payable by such Loan Guarantor shall be increased as
necessary so that, net of such withholding (including such withholding applicable to additional amounts payable under this
Section), the Administrative Agent, Lender or Issuing Bank (as the case may be) receives the amount it would have received
had no such withholding been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maximum
Liability</U>. Notwithstanding any other provision of this Loan Guaranty, the amount guaranteed by each Loan Guarantor hereunder
shall be limited to the extent, if any, required so that its obligations hereunder shall not be subject to avoidance under Section&nbsp;548
of the Bankruptcy Code or under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent Conveyance Act or similar
statute or common law. In determining the limitations, if any, on the amount of any Loan Guarantor&rsquo;s obligations hereunder
pursuant to the preceding sentence, it is the intention of the parties hereto that any rights of subrogation, indemnification or
contribution which such Loan Guarantor may have under this Loan Guaranty, any other agreement or applicable law shall be taken
into account.</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"></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-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Liability
Cumulative</U>. The liability of Parent under this Article&nbsp;X is in addition to and shall be cumulative with all liabilities
of each other Loan Party to the Secured Parties under this Agreement, the Loan Guarantors and the other Loan Documents to which
each such Loan Party is a party or in respect of any obligations or liabilities of the other Loan Parties, without any limitation
as to amount, unless the instrument or agreement evidencing or creating such other liability specifically provides to the contrary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"><FONT STYLE="text-transform: uppercase; color: #010000">SECTION&nbsp;10.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Keepwell</U>.
Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to provide such
funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under this Loan
Guaranty in respect of Swap Agreement Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under
this Section&nbsp;10.12 for the maximum amount of such liability that can be hereby incurred without rendering its obligations
under this Section&nbsp;10.12, or otherwise under this Loan Guaranty, voidable under applicable law relating to fraudulent conveyance
or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under this Section&nbsp;10.12
shall remain in full force and effect until the payment in full in cash of the Guaranteed Obligations. Each Qualified ECP Guarantor
intends that this Section&nbsp;10.12 constitute, and this Section&nbsp;10.12 shall be deemed to constitute, a &ldquo;keepwell,
support, or other agreement&rdquo; for the benefit of each other Loan Party for all purposes of Section&nbsp;1a(18)(A)(v)(II)&nbsp;of
the Commodity Exchange Act.</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"></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-indent: 0.5in; color: red"><STRIKE>IN WITNESS WHEREOF,
the parties hereto have caused this Agreement to be duly executed and delivered by their respective authorized officers as of the
day and year first above written.</STRIKE></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; color: red"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></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="color: red"><STRIKE>SCHWEITZER-MAUDUIT INTERNATIONAL, INC.</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name:</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title:</STRIKE></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="color: red"><STRIKE>SWM LUXEMBOURG</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name:</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title:</STRIKE></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name:</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title:</STRIKE></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="color: red"><STRIKE>JPMORGAN CHASE BANK, N.A., individually and as Administrative Agent</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Antje Focke</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Executive Director</STRIKE></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="color: red"><STRIKE>BARCLAYS BANK PLC, as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Craig Malloy</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Director</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="color: red"><STRIKE>BANK OF AMERICA, N.A., as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Ryan Maples</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Sr. Vice President</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="color: red"><STRIKE>SUNTRUST BANK, as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Chris Hursey</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Director</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="color: red"><STRIKE>CITIBANK, N.A., as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Gerardo Rodriguez</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Director</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&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"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="color: red"><STRIKE>CITIZENS BANK, N.A., as Lender</STRIKE></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Tyler Stephens</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Vice President</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&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="color: red"><STRIKE>FIFTH THIRD BANK, as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Jonathan James</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Managing Director</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&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="color: red"><STRIKE>MUFG UNION BANK, N.A., as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Maria Iarriccio</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Director</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&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="color: red"><STRIKE>PNC BANK, NATIONAL ASSOCIATION, as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Brandon K. Fiddler</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Senior Vice President</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&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="color: red"><STRIKE>AGFIRST FARM CREDIT BANK, as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Steven J. O&rsquo;Shea</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Vice President</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&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="color: red"><STRIKE>FARM CREDIT BANK OF TEXAS, as Lender</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%"><FONT STYLE="color: red">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-left: 5pt"><FONT STYLE="color: red">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 5pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Name: Alan Robinson</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"><STRIKE>Title: Vice President</STRIKE></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: red"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>[Signature
Pages&nbsp;Removed]</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: blue"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"></FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><U>Annex B</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Exhibits to the Credit Agreement</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">See attached.</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"></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">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Annex B to First Amendment</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: right; text-indent: -0.5in"><FONT STYLE="text-transform: uppercase"><B>EXHIBIT
A</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: right; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>[FORM
OF] ASSIGNMENT AND ASSUMPTION</B></FONT></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: justify; text-indent: 0.5in">This Assignment and
Assumption (this &ldquo;<B><I>Assignment and Assumption</I></B>&rdquo;) is dated as of the Effective Date set forth below and
is entered into by and between [<I>Insert name of Assignor</I>] (the &ldquo;<B><I>Assignor</I></B>&rdquo;) and [<I>Insert name
of Assignee</I>] (the &ldquo;<B><I>Assignee</I></B>&rdquo;). Capitalized terms used but not defined herein shall have the meanings
given to them in the Credit Agreement identified below (as amended by the First Amendment, dated as of February 9, 2021, and
as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the &ldquo;<B><I>Credit Agreement</I></B>&rdquo;),
receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached
hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth
herein in full.</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"><FONT STYLE="font-size: 10pt">For
an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably
purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement,
as of the Effective Date inserted by the Administrative Agent as contemplated below (i)&nbsp;all of the Assignor&rsquo;s rights
and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant
thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations
of the Assignor under the respective facilities identified below (including any letters of credit, guarantees, and swingline loans
included in such facilities) and (ii)&nbsp;to the extent permitted to be assigned under applicable law, all claims, suits, causes
of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising
under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions
governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice
claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant
to clause (i) above (the rights and obligations sold and assigned pursuant to clauses&nbsp;(i) and (ii)&nbsp;above being referred
to herein collectively as the &ldquo;<B><I>Assigned Interest</I></B>&rdquo;). Such sale and assignment is without recourse to
the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor.
</FONT>T<FONT STYLE="font-size: 10pt">he Assignee expressly confirms that it [can/cannot] exempt the Administrative Agent from
the restrictions pursuant to section 181 of the German Civil Code (B&uuml;rgerliches Gesetzbuch) and similar restrictions applicable
to it pursuant to any other applicable law as provided for in Section 8.01 of the Credit Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; text-align: justify"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="width: 15%; text-align: justify"><FONT STYLE="font-size: 10pt">Assignor:</FONT></TD>
    <TD STYLE="width: 80%; text-align: justify"><FONT STYLE="font-size: 10pt">______________________________</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Assignee:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">______________________________</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">[and is an Affiliate/Approved Fund of [<I>identify Lender</I>]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>1
    </SUP></FONT>]</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Borrower(s):</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation,
    and SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute;
    limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and
    registered with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s,
    Luxembourg</I>) under number B 180.186</FONT></TD>
    </TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Select
or delete as applicable.</P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></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="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="text-align: justify; width: 15%"><FONT STYLE="font-size: 10pt">Administrative Agent:</FONT></TD>
    <TD STYLE="text-align: justify; width: 80%"><FONT STYLE="font-size: 10pt">JPMORGAN CHASE BANK, N.A., as the administrative
    agent under the Credit Agreement</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">5.&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Credit Agreement:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Credit Agreement, dated as of September 25, 2018, by and among
    SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo; or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;),
    SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute; limit&eacute;e</I>),
    having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and registered with the Luxembourg
    Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s, Luxembourg</I>) under number B
    180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with the U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
    and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders from time to time a party thereto, JPMORGAN CHASE
    BANK, N.A., as Administrative Agent, and the other agents and arrangers party thereto.</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Assigned Interest:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</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>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 25%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Facility
    Assigned<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>2</SUP></FONT></FONT></TD>
    <TD STYLE="width: 25%; border-top: Black 1pt solid; 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">Aggregate
    Amount of<BR>
    Commitment/Loans for <BR>
    all Lenders</FONT></TD>
    <TD STYLE="width: 25%; border-top: Black 1pt solid; 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">Amount
    of <BR>
    Commitment/Loans<BR>
    Assigned</FONT></TD>
    <TD STYLE="width: 25%; border-top: Black 1pt solid; 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">Percentage
    Assigned of Commitment/Loans<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>3</SUP></FONT></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">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">%</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">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">%</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">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #FF9900">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Effective Date: _____________ ___, 20___
[TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER 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">The Assignee agrees to deliver to the
Administrative Agent a completed Administrative Questionnaire in which the Assignee designates one or more credit contacts to
whom all syndicate-level information (which may contain material non-public information about the Borrowers, the Loan Parties
and their Related Parties or their respective securities) will be made available and who may receive such information in accordance
with the Assignee&rsquo;s compliance procedures and applicable laws, including federal and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, 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"><I>[remainder of page intentionally left
blank]</I></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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>2</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fill
in the appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment
(e.g., &ldquo;Revolving Commitment,&rdquo; &ldquo;Term A Loan,&rdquo; &ldquo;Term B Loan,&rdquo; etc.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>3</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Set
forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder.</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: justify">The terms set forth in this Assignment
and Assumption are hereby agreed to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><U>ASSIGNOR</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 3%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 47%">&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-size: 10pt; text-transform: uppercase">[NAME OF ASSIGNOR]</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><U>ASSIGNEE</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD 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-size: 10pt; text-transform: uppercase">[NAME OF ASSIGNEE]</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in"></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: justify; text-indent: 3in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 3in">&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 COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">[Consented to and]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>4</SUP></FONT>&nbsp;&nbsp;Accepted:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">JPMORGAN CHASE BANK, N.A., as</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Administrative Agent</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 3%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    </TR>
</TABLE>



<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; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>4</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.</P>

<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">&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>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">[Consented to:]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>5</SUP></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">[NAME OF RELEVANT PARTY]</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; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%; text-align: left"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>&nbsp;&nbsp;</SUP></FONT></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>5</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
be added only if the consent of the Borrowers and/or other parties (e.g. Swingline Lenders, Issuing Bank) is required by the terms
of the Credit 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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    <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: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>ANNEX 1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">Credit
Agreement</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCHWEITZER-MAUDUIT INTERNATIONAL, INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SWM LUXEMBOURG</P>

<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"><FONT STYLE="text-transform: uppercase">STANDARD
TERMS AND CONDITIONS FOR<BR>
ASSIGNMENT AND ASSUMPTION</FONT></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: left; text-indent: 0.5in">1. <U>Representations
and Warranties</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.1 <U>Assignor</U>.
The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned
Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has
taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated
hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection
with the Credit Agreement, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit
Agreement or any Collateral thereunder, (iii) the financial condition of the Borrowers, any of their Subsidiaries or Affiliates
or any other Person obligated in respect of the Credit Agreement, (iv) any requirements under applicable law for the Assignee
to become a Lender under the Credit Agreement or to charge interest at the rate set forth therein from time to time or (v) the
performance or observance by the Borrowers, any of their Subsidiaries or Affiliates or any other Person of any of their respective
obligations under the 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">1.2. <U>Assignee</U>.
The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute
and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under
the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit Agreement and under applicable law that
are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the Effective
Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest,
shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of
the most recent financial statements delivered pursuant to Section&nbsp;5.01 thereof, as applicable, and such other documents
and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption
and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance
on the Administrative Agent, any Arranger or any other Lender and their respective Related Parties, and (v) attached to this Assignment
and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed
and executed by the Assignee; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent,
any Arranger, the Assignor or any other Lender and their respective Related Parties, and based on such documents and information
as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit
Agreement, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement
are required to be performed by it as a 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">2. <U>Payments</U>.
From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including
payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective
Date and to the Assignee for amounts which have accrued from and after the Effective 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"></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-top: 0pt; margin-bottom: 0pt; text-align: right">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">3. <U>General Provisions</U>.
This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors
and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one
instrument. Acceptance and adoption of the terms of this Assignment and Assumption by the Assignee and the Assignor by Electronic
Signature or delivery of an executed counterpart of a signature page of this Assignment and Assumption by any Approved Electronic
Platform shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment
and Assumption shall be governed by, and construed in accordance with, the laws of the State of New&nbsp;York.</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: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT B</B></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>[FORM OF] BORROWING REQUEST</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">JPMorgan Chase Bank, N.A., as Administrative
Agent<BR>
500 Stanton Christiana Road</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Ops 2, 3<SUP>rd</SUP>&nbsp;Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Newark, DE 19713</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Attention: Loan and Agency Services Group</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Fax No. +1 (302) 634-3301</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">[Date]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reference is hereby
made to that certain Credit Agreement, dated as of September 25, 2018 (as amended by the First Amendment, dated as of February
9, 2021, and as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the &ldquo;<B><I>Credit
Agreement</I></B>&rdquo;), by and among SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo;
or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;), SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute;
 &agrave; responsabilit&eacute; limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy
of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s,
Luxembourg</I>) under number B 180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), each lender from time to time party thereto, JPMorgan Chase Bank,
N.A., as Administrative Agent, and the other agents and arrangers party thereto. Unless otherwise defined herein, terms defined
in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. This notice constitutes
a Borrowing Request and the applicable Borrower hereby gives you notice, pursuant to Section 2.03 of the Credit Agreement, that
it requests a Borrowing under the Credit Agreement, and in that connection such Borrower specifies the following information with
respect to such Borrowing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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: 1in"></TD><TD STYLE="width: 0.5in">(A)</TD><TD STYLE="text-align: left">Type of Loan:<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>6
                                         </SUP></FONT>________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(B)</TD><TD STYLE="text-align: left">Aggregate principal amount of Borrowing:<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>7
                                         </SUP></FONT>[$/&euro;]_________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(B)</TD><TD STYLE="text-align: left">Date of Borrowing (which is a Business
                                         Day):________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(C)</TD><TD STYLE="text-align: left">Type of Borrowing:<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>8
                                         </SUP></FONT>____________________________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(D)</TD><TD STYLE="text-align: justify">Interest Period:<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>9
                                         </SUP></FONT>_____________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">[(E)</TD><TD STYLE="text-align: justify">Location and number of such Borrower&rsquo;s
                                         account to which proceeds of the requested Borrowing are to be disbursed: [NAME OF BANK]
                                         (Account No.: ______________)]</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The applicable Borrower
hereby certifies that [the conditions specified in Section 4.01 were satisfied on the First Amendment Effective Date, the conditions
specified in Section 4.02 were satisfied on the Closing Date and]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>10
</SUP></FONT>the conditions specified in [Section 4.03]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>11</SUP></FONT>
[[and] paragraphs (b) and (c) of Section 4.04]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>12</SUP></FONT> of
the Credit Agreement will have been satisfied on the Date of Borrowing set forth above[, and that, after giving effect to the
Borrowing requested hereby, the Total Revolving Credit Exposure of any Class shall not exceed the total Revolving Commitments
of such Class]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>13</SUP></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[remainder of page intentionally left
blank]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>6
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Please specify U.S. Revolving Loan, EUR Revolving Loan or Term B Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>7
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Must comply with Section 2.02(c) of the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>8
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Specify ABR Borrowing or Eurodollar Borrowing. If no election as to the
Type of Borrowing is specified, then the requested Borrowing shall be an ABR Borrowing; provided, that if such Borrowing is denominated
in Euros it shall be a Eurodollar Borrowing with an Interest Period of one (1) month&rsquo;s duration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>9
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applicable to Eurodollar Borrowings only. Shall be subject to the definition
of &ldquo;Interest Period&rdquo; and can be a period of one week or one, two, three or six months. Cannot extend beyond the Maturity
Date. If an Interest Period is not specified, then the applicable Borrower shall be deemed to have selected an Interest Period
of one (1) month&rsquo;s duration.</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: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>10
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For initial Certain Funds Borrowing only.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>11
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For all Certain Funds Borrowings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>12
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For Revolving Loan Borrowings only.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>13
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For Revolving Loan Borrowings only.</P>

<P STYLE="font: 10pt Times New Roman, Times, 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>

<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: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Very truly yours,</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; text-transform: uppercase">[APPLICABLE BORROWER]</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 3%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    </TR>
</TABLE>

<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"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3in; text-align: left"></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 0pt 3in; text-align: left"><BR></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="text-transform: uppercase"><B>exhibit
C</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[FORM OF] INTEREST ELECTION REQUEST</B></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: left">JPMorgan Chase Bank, N.A., as Administrative
Agent<BR>
500 Stanton Christiana Road</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Ops 2, 3<SUP>rd</SUP>&nbsp;Floor</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Newark, DE 19713</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Attention: Loan and Agency Services Group</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Fax No. +1 (302) 634-3301</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">[Date]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Reference is hereby made to that certain
Credit Agreement, dated as of September 25, 2018 (as amended by the First Amendment, dated as of February 9, 2021, and as amended,
restated, amended and restated, supplemented or otherwise modified from time to time, the &ldquo;<B><I>Credit Agreement</I></B>&rdquo;),
by and among SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo; or &ldquo;<B><I>U.S.
Borrower</I></B>&rdquo;), SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute;
limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and registered
with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s, Luxembourg</I>)
under number B 180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), each lender from time to time party thereto, JPMorgan Chase Bank,
N.A., as Administrative Agent, and the other agents and arrangers party thereto. Unless otherwise defined herein, terms defined
in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. This notice constitutes
an Interest Election Request and the applicable Borrower hereby gives you notice, pursuant to Section 2.08 of the Credit Agreement,
that it requests to convert an existing Borrowing under the Credit Agreement, and in that connection such Borrower specifies the
following information with respect to such conversion requested hereby:</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: 1in"></TD><TD STYLE="width: 0.5in">(A)</TD><TD STYLE="text-align: left">List date, Type, Class, principal amount,
                                         currency and Interest Period (if applicable) of existing Borrowing: ___________&#9;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(B)</TD><TD STYLE="text-align: left">Aggregate principal amount of resulting
                                         Borrowing:<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>14</SUP></FONT>
                                         [$/&euro;]_________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(C)</TD><TD STYLE="text-align: left">Effective date of interest election
                                         (which is a Business Day):________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(D)</TD><TD STYLE="text-align: left">Type of Borrowing:<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>15
                                         </SUP></FONT>____________________________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(E)</TD><TD STYLE="text-align: left">Interest Period and last day thereof
                                         (if a Eurodollar Borrowing):<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>16
                                         </SUP></FONT>_____________________</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[remainder of page intentionally left
blank]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>14
                                         </SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Must comply with Section 2.02(c)
                                         of the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>15
</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Specify ABR Borrowing or Eurodollar Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>16</SUP></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Applicable
to Eurodollar Borrowings only. Shall be subject to the definition of &ldquo;Interest Period&rdquo; and can be a period of one
week or one, two, three or six months. Cannot extend beyond the Maturity Date. If an Interest Period is not specified, then the
applicable Borrower shall be deemed to have selected an Interest Period of one month&rsquo;s duration.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><I>&nbsp;</I></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"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Very truly yours,</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt; text-transform: uppercase">[APPLICABLE BORROWER]</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 3%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    </TR>
</TABLE>
<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"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05in; text-align: right"><B>EXHIBIT D</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05in; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05in; text-align: center"><B>[FORM OF] COMPLIANCE CERTIFICATE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.05in; 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="text-align: justify; padding-left: 10pt; text-indent: -10pt; width: 5%">To:</TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt; width: 95%">The Lenders party to the</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-left: 10pt; text-indent: -10pt">Credit Agreement described below</TD></TR>
</TABLE>


<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 0.05in; text-align: justify; text-indent: 0.55in">This Compliance
Certificate (this &ldquo;<B><I>Certificate</I></B>&rdquo;) is furnished pursuant to that certain Credit Agreement, dated as of
September 25, 2018 (as amended by the First Amendment, dated as of February 9, 2021, and as amended, restated, amended and restated,
supplemented, modified, renewed or extended from time to time, the &ldquo;<B><I>Credit Agreement</I></B>&rdquo;), by and among
SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo; or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;),
SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute; limit&eacute;e</I>),
having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and registered with the Luxembourg
Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s, Luxembourg</I>) under number B 180.186
(&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo; and, individually,
each a &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and
the other agents and arrangers party thereto. Unless otherwise defined herein, capitalized terms used in this Certificate have
the meanings ascribed thereto in the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in; text-align: justify; text-indent: 0.55in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.6in; text-align: justify">THE UNDERSIGNED HEREBY CERTIFIES
THAT:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.6in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I
am a Financial Officer of Parent;</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">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I
have reviewed the terms of the Credit Agreement and I have made, or have caused to be made under my supervision, a detailed review
of the transactions and conditions of Parent and its Subsidiaries during the accounting period covered by the attached financial
statements [<B>for quarterly financial statements add: </B>and such financial statements present fairly in all material respects
the financial condition and results of operations of Parent and its consolidated and consolidating Subsidiaries on a consolidated
basis in accordance with GAAP, subject to normal year-end audit adjustments and the absence of footnotes];</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">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
examinations described in paragraph 2 above did not disclose<B>[, except as set forth below,]</B> and I have no knowledge of,
(i) the existence of any condition or event which constitutes a Default during or at the end of the accounting period covered
by the attached financial statements or as of the date of this Certificate or (ii) any change in GAAP or in the application thereof
that has occurred since the date of the audited financial statements referred to in Section 3.04 of the 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">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
I</U> attached hereto sets forth a reconciliation excluding the assets, liabilities, revenue, expenses and net income of Unrestricted
Subsidiaries from the financial statements delivered pursuant to Section 5.01[(a)][(b)] of the 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">5. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
II</U> attached hereto sets forth financial data and computations evidencing the Borrowers&rsquo; compliance with Section 6.11
of the Credit Agreement, all of which data and computations are true, complete and correct;</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">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Schedule
III</U> hereto sets forth the computations necessary to determine the Applicable Rate commencing on the Business Day this Certificate
is delivered; 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"></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">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Described
below are the exceptions, if any, to paragraph 3 by listing, in detail, the (i) nature of the condition or event, the period during
which it has existed and the action which the Borrowers have taken, are taking, or propose to take with respect to each such condition
or event or (ii) the change in GAAP or the application thereof and the effect of such change on the attached financial statements:</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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<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.5in"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 12in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[<I>Signature page follows immediately</I>]</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 0.05in; text-align: justify; text-indent: 0.5in">The foregoing
certifications, together with the computations set forth in Schedule I, Schedule II and Schedule III hereto and the financial
statements delivered with this Certificate in support hereof, are made and delivered this ____ day of ___________, _____.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 5%; text-align: left"><FONT STYLE="font-size: 10pt; text-transform: uppercase">b</FONT><FONT STYLE="font-size: 10pt">y:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 45%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in; text-align: justify; text-indent: 0.5in">&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 0.05in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.05in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>SCHEDULE I</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Reconciliation</B></P>

<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"></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"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>SCHEDULE II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Compliance as of _______, ___ with</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Provisions of Section 6.11 of</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>the Credit Agreement</B></P>

<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"></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"></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; text-align: right"><B>SCHEDULE III</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Applicable Rate</B></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT E-1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[FORM OF] </B></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"><FONT STYLE="text-transform: uppercase"><B>U.S.
TAX COMPLIANCE CERTIFICATE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(For Foreign Lenders That Are Not Partnerships
For U.S. Federal Income Tax Purposes)</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: justify; text-indent: 0.5in">Reference is hereby
made to that certain Credit Agreement, dated as of September 25, 2018 (as amended by the First Amendment, dated as of February
9, 2021, and as amended, restated, amended and restated, supplemented, modified, renewed or extended from time to time, the
 &ldquo;<B><I>Credit Agreement</I></B>&rdquo;), by and among SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo;
or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;), SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute;
 &agrave; responsabilit&eacute; limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy
of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s,
Luxembourg</I>) under number B 180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative
Agent, and the other agents and arrangers party 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">Pursuant to the provisions
of Section 2.17 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner
of the Loan(s) (as well as any note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it
is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of any of the
Borrowers within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to
any of the Borrowers as described in Section 881(c)(3)(C) of the Code.</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 undersigned has
furnished the Administrative Agent and the Borrowers with a certificate of its non-U.S. Person status on IRS Form W-8BEN or IRS
Form W-8BEN-E. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate
changes, the undersigned shall promptly so inform the Borrowers and the Administrative Agent, and (2) the undersigned shall have
at all times furnished the Borrowers and the Administrative Agent with a properly completed and currently effective certificate
in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding
such payments.</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">Unless otherwise defined
herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&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 COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase">[NAME OF LENDER]</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</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">Date: ________ __, 20[&nbsp; ]</P>

<P STYLE="font: 10pt Times New Roman, Times, 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>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT E-2 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[FORM OF] </B></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"><FONT STYLE="text-transform: uppercase"><B>U.S.
TAX COMPLIANCE CERTIFICATE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(For Foreign Lenders That Are Partnerships
For U.S. Federal Income Tax Purposes)</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: justify; text-indent: 0.5in">Reference is hereby
made to that certain Credit Agreement, dated as of September 25, 2018 (as amended by the First Amendment, dated as of February
9, 2021, and as amended, restated, amended and restated, supplemented, modified, renewed or extended from time to time, the
 &ldquo;<B><I>Credit Agreement</I></B>&rdquo;), by and among SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo;
or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;), SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute;
 &agrave; responsabilit&eacute; limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy
of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s,
Luxembourg</I>) under number B 180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative
Agent, and the other agents and arrangers party 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">Pursuant to the provisions
of Section 2.17 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Loan(s)
(as well as any note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect
partners/members are the sole beneficial owners of such Loan(s) (as well as any note(s) evidencing such Loan(s)), (iii) with respect
to the extension of credit pursuant to this Credit Agreement or any other Loan Document, neither the undersigned nor any of its
direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course
of its trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members
is a ten percent shareholder of any of the Borrowers within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its
direct or indirect partners/members is a controlled foreign corporation related to any of the Borrowers as described in Section
881(c)(3)(C) of the Code.</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 undersigned has
furnished the Administrative Agent and the Borrowers with IRS Form W-8IMY accompanied by one of the following forms from each
of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or IRS Form W-8BEN-E or (ii)
an IRS Form W-8IMY accompanied by an IRS Form W-8BEN or IRS Form W-8BEN-E from each of such partner&rsquo;s/member&rsquo;s beneficial
owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the
information provided on this certificate changes, the undersigned shall promptly so inform any of the Borrowers and the Administrative
Agent, and (2) the undersigned shall have at all times furnished any of the Borrowers and the Administrative Agent with a properly
completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned,
or in either of the two calendar years preceding such payments.</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">Unless otherwise defined
herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&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 COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase">[NAME OF LENDER]</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: justify; width: 47%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</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">Date: ________ __, 20[ ]</P>

<P STYLE="font: 10pt Times New Roman, Times, 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>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT E-3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[FORM OF] </B></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"><FONT STYLE="text-transform: uppercase"><B>U.S.
TAX COMPLIANCE CERTIFICATE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(For Foreign Participants That Are Not
Partnerships For U.S. Federal Income Tax Purposes)</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: justify; text-indent: 0.5in">Reference is hereby
made to that certain Credit Agreement, dated as of September 25, 2018 (as amended by the First Amendment, dated as of February
9, 2021, and as amended, restated, amended and restated, supplemented, modified, renewed or extended from time to time, the
 &ldquo;<B><I>Credit Agreement</I></B>&rdquo;), by and among SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo;
or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;), SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute;
 &agrave; responsabilit&eacute; limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy
of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s,
Luxembourg</I>) under number B 180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative
Agent, and the other agents and arrangers party 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">Pursuant to the provisions
of Section 2.17 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner
of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section
881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of any of the Borrowers within the meaning of Section 871(h)(3)(B)
of the Code, and (iv) it is not a controlled foreign corporation related to any of the Borrowers as described in Section 881(c)(3)(C)
of the Code.</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 undersigned has
furnished its participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN or IRS Form W-8BEN-E. By
executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned
shall promptly so inform such Lender in writing, and (2) the undersigned shall have at all times furnished such Lender with a
properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the
undersigned, or in either of the two calendar years preceding such payments.</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">Unless otherwise defined
herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&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 COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase">[NAME OF </FONT><FONT STYLE="font-size: 10pt">PARTICIPANT<FONT STYLE="text-transform: uppercase">]</FONT></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="text-align: justify; width: 47%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</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">Date: ________ __, 20[ ]</P>

<P STYLE="font: 10pt Times New Roman, Times, 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>

<!-- Field: Page; Sequence: 214 -->
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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: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT E-4</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>[FORM OF] </B></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>U.S. TAX COMPLIANCE CERTIFICATE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(For Foreign Participants That Are Partnerships
For U.S. Federal Income Tax Purposes)</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: justify; text-indent: 0.5in">Reference is hereby
made to that certain Credit Agreement, dated as of September 25, 2018 (as amended by the First Amendment, dated as of February
9, 2021, and as amended, restated, amended and restated, supplemented, modified, renewed or extended from time to time, the
 &ldquo;<B><I>Credit Agreement</I></B>&rdquo;), by and among SCHWEITZER-MAUDUIT INTERNATIONAL, INC., a Delaware corporation (&ldquo;<B><I>Parent</I></B>&rdquo;
or &ldquo;<B><I>U.S. Borrower</I></B>&rdquo;), SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute;
 &agrave; responsabilit&eacute; limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy
of Luxembourg and registered with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s,
Luxembourg</I>) under number B 180.186 (&ldquo;<B><I>SWM Luxembourg</I></B>&rdquo; and, together with U.S. Borrower, the &ldquo;<B><I>Borrowers</I></B>&rdquo;
and, individually, each a &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative
Agent, and the other agents and arrangers party 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">Pursuant to the provisions
of Section 2.17 of the Credit Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation
in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners
of such participation, (iii) with respect such participation, neither the undersigned nor any of its direct or indirect partners/members
is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the
meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder
of any of the Borrowers within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members
is a controlled foreign corporation related to any of the Borrowers as described in Section 881(c)(3)(C) of the Code.</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 undersigned has
furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members
that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or IRS Form W-8BEN-E or (ii) an IRS Form W-8IMY accompanied
by an IRS Form W-8BEN or IRS Form W-8BEN-E from each of such partner&rsquo;s/member&rsquo;s beneficial owners that is claiming
the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on
this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have at all times
furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each
payment is to be made to the undersigned, or in either of the two calendar years preceding such payments.</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">Unless otherwise defined
herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></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 COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-size: 10pt; text-transform: uppercase">[NAME OF </FONT><FONT STYLE="font-size: 10pt">PARTICIPANT<FONT STYLE="text-transform: uppercase">]</FONT></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Title:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>
<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">Date: ________ __, 20[ ]</P>

<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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><I>Annex C to First Amendment</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>SCHEDULE
2.01A</B></FONT></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"><FONT STYLE="text-transform: uppercase"><B>Commitments</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&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="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Lender</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">EUR Revolving<BR>
 Commitment*</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">U.S. Revolving<BR>
 Commitment/<BR>
 Revolving<BR>
 Commitment **</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Term A<BR>
 Commitment</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Term B<BR>
 Commitment</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Total</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 30%; text-align: left">JPMorgan Chase Bank, N.A.</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">70,000,000.00</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">70,000,000.00</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">--</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">175,035,000.00</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">245,035,000.00</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Barclays Bank PLC</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">70,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">70,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">39,655,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">109,655,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Bank of America, N.A.</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">70,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">70,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">19,550,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">39,655,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">129,205,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Truist Bank</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">70,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">70,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">39,655,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">109,655,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Citibank, N.A.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Citizens Bank, N.A.</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">14,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">54,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Fifth Third Bank, National Association</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">14,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">54,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">MUFG Union Bank, N.A.</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">14,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">54,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">PNC Bank, National Association</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">40,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">14,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">54,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">AgFirst Farm Credit Bank</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">16,985,200.35</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</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: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">149,427,300.05</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">166,412,500.40</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">Farm Credit Bank of Texas</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: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">3,014,799.65</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&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: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">26,522,699.95</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">--</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">29,537,499.60</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">Total</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">480,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">500,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">195,500,000.00</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">350,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">1,045,500,000.00</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase">* </FONT>Each Lender&rsquo;s
EUR Revolving Commitment, if any, is a sub-commitment of and not duplicative of such Lender&rsquo;s U.S. Revolving Commitment.</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">** Each Lender&rsquo;s U.S. Revolving Commitment is part of
and not duplicative of such Lender&rsquo;s Revolving Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 5.13</B></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>POST-EFFECTIVE DATE MATTERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>Within 120 days of the Closing Date (or such later date as the Administrative Agent may agree in its reasonable discretion)
and from time to time thereafter, SWM Luxembourg shall execute any security agreements, pledge agreements, guarantees and other
agreements, instruments and documents governed by the laws of Luxembourg, that are reasonably requested by the Administrative Agent
to create, perfect or evidence Liens on the Collateral.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>On or prior to the Closing Date (or such later date as the Administrative Agent may agree in its reasonable discretion), the
Borrower shall deliver to the Administrative Agent evidence reasonably satisfactory to the Administrative Agent that the actions
set forth in the footnotes to (i) that certain Trademark Security Agreement, dated as of February 9, 2021, by the U.S. Borrower;
Argotec LLC; Delstar Technologies, Inc.; Conwed Plastics Acquisition Company V LLC and Tekra, LLC, in favor of the Administrative
Agent and (ii) that certain Patent Security Agreement, dated as of February 9, 2021, by the U.S. Borrower; SWM Luxembourg; Argotec
LLC; Delstar Technologies, Inc.; Conwed Plastics Acquisition Company V LLC and Conwed Plastics LLC, in favor of the Administrative
Agent, in each case, have been completed.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><U>Annex D</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Security Agreement</U></B></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">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">&nbsp;</P>
<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="color: red"><B><STRIKE>Execution
Version</STRIKE></B></FONT><B><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Annex D to First Amendment</U></FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: black">

<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"><BR>
PLEDGE AND SECURITY 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: center">by and among</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">SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC.,</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">as the U.S. Borrower,</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">and</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">THE GUARANTORS PARTY HERETO</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">and</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">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">__________________________</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">Dated as of September&nbsp;25, 2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" STYLE="width: 100%; color: black">

<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"></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">&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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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 COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;I. DEFINITIONS AND INTERPRETATION</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">2</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 74%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 6%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;1.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;1.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interpretation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>7</STRIKE></FONT>7</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;1.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Resolution of Drafting Ambiguities</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;1.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Perfection Certificate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;II. GRANT OF SECURITY AND SECURED OBLIGATIONS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">7</FONT></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 STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;2.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Security Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;2.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filings</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</FONT></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;III. PERFECTION; SUPPLEMENTS; FURTHER ASSURANCES; USE OF PLEDGED COLLATERAL</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">8</FONT></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 STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Delivery of Certificated Securities Collateral</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Perfection of Uncertificated Securities Collateral</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Financing Statements and Other Filings; </STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maintenance of Perfected Security Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other Actions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Reserved]</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Change of Name or <FONT STYLE="color: red"><STRIKE>Location; Change of Fiscal Year.</STRIKE></FONT><FONT STYLE="color: blue"><U>State of Formation</U></FONT>.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joinder of Additional Guarantors</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;3.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Supplements; Further Assurances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;IV. REPRESENTATIONS, WARRANTIES AND COVENANTS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">12</FONT></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 STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Validity of Security Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defense of Claims; Transferability of Pledged Collateral</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other Financing Statements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Office; Change of Name; Jurisdiction of Organization</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material Intellectual Property</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Due Authorization and Issuance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consents, etc.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pledged Collateral</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>14</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>14</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;4.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;V. CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">14</FONT></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 STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;5.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pledge of Additional Securities Collateral</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;5.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Voting Rights; Distributions; etc.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;5.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defaults, etc</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;5.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain Agreements of Pledgors as Issuers and Holders of Equity Interests</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;VI. CERTAIN PROVISIONS CONCERNING INTELLECTUAL PROPERTY COLLATERAL</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">16</FONT></TD></TR>
</TABLE>

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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="padding-left: 0.125in; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;6.1</FONT></TD>
    <TD STYLE="width: 74%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Intellectual Property License</FONT></TD>
    <TD STYLE="text-align: right; width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;6.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Protection of Administrative Agent&rsquo;s Security</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;6.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">After-Acquired Property</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;6.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;VII. CERTAIN PROVISIONS CONCERNING RECEIVABLES</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;7.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maintenance of Records</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;7.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Modification of Terms, etc</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;7.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Collection</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;VIII. [RESERVED]</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: red"><STRIKE>19</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: blue"><U>19</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;IX. REMEDIES</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: red"><STRIKE>19</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: blue"><U>19</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;9.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Remedies</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>19</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>19</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;9.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notice of Sale</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">20</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;9.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waiver of Notice and Claims</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;9.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain Sales of Pledged Collateral.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">21</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;9.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Waiver; Cumulative Remedies.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>22</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>22</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;9.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain Additional Actions Regarding Intellectual Property</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;X. APPLICATION OF PROCEEDS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;10.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Application of Proceeds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Article&nbsp;XI. MISCELLANEOUS</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: red"><STRIKE>23</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: blue"><U>23</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Concerning Administrative Agent.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>23</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>23</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Administrative Agent May&nbsp;Perform; Administrative Agent Appointed Attorney-in-Fact</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Continuing Security Interest; Assignment</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Termination; Release.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Modification in Writing</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notices</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governing Law, Consent to Jurisdiction and Service of Process; Waiver of Jury Trial</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Severability of Provisions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Execution in Counterparts</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>26</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>26</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Business Days</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>26</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U>26</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Credit for Payment of Taxes or Imposition</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.12</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Claims Against Administrative Agent</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.13</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Release</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase">Section&nbsp;11.14</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Obligations Absolute</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">27</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXHIBIT&nbsp;1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;of
Issuer&rsquo;s Acknowledgment</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXHIBIT&nbsp;2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;of
Securities Pledge Amendment</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXHIBIT&nbsp;3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;of
Joinder Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXHIBIT&nbsp;4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;of
Copyright Security Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXHIBIT&nbsp;5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;of
Patent Security Agreement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">EXHIBIT&nbsp;6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;of
Trademark Security 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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PLEDGE AND SECURITY 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: 1in">This PLEDGE AND SECURITY
AGREEMENT dated as of September&nbsp;25, 2018 (as amended, amended and restated, supplemented or otherwise modified from time
to time in accordance with the provisions hereof, this &ldquo;<U>Agreement</U>&rdquo;) made by and among SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC.,
a Delaware corporation (&ldquo;<U>Parent</U>&rdquo; or the &ldquo;<U>U.S. Borrower</U>&rdquo;), and the Loan Guarantors listed
on the signature pages&nbsp;hereto (the &ldquo;<U>Original Guarantors</U>&rdquo;) or from time to time party hereto by execution
of a Joinder Agreement (the &ldquo;<U>Additional Guarantors</U>,&rdquo; and together with the Original Guarantors, the &ldquo;<U>Guarantors</U>&rdquo;),
as pledgors, assignors and debtors (the U.S. Borrower, together with the Guarantors, in such capacities and together with any
successors in such capacities, the &ldquo;<U>Pledgors</U>,&rdquo; and each, a &ldquo;<U>Pledgor</U>&rdquo;), in favor of JPMORGAN
CHASE BANK, N.A., in its capacity as administrative agent pursuant to the Credit Agreement (as hereinafter defined), as pledgee,
assignee and secured party (in such capacities and together with any successors in such capacities, the &ldquo;<U>Administrative
Agent</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>R E C I T A L S</U> :</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">A.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
U.S. Borrower, SWM LUXEMBOURG, a Luxembourg private limited liability company (<I>soci&eacute;t&eacute; &agrave; responsabilit&eacute;
limit&eacute;e</I>), having its registered office at 17, rue Edmond Reuter, L-5326 Contern, Grand-Duchy of Luxembourg and registered
with the Luxembourg Register of Commerce and Companies (<I>Registre de Commerce et des Soci&eacute;t&eacute;s, Luxembourg</I>)
under number B 180.186 (&ldquo;<U>SWM Luxembourg</U>&rdquo; and, together with the U.S. Borrower, the &ldquo;<U>Borrowers</U>&rdquo;
and<FONT STYLE="color: red"><STRIKE>,</STRIKE></FONT> individually, each a &ldquo;<U>Borrower</U>&rdquo;), the Lenders, and the
Administrative Agent, and each of the other agents, arrangers, bookrunners and letter of credit issuers named therein entered
into that certain Credit Agreement, dated as of the date hereof (as amended, amended and restated, supplemented or otherwise modified
from time to time, the &ldquo;<U>Credit Agreement</U>&rdquo;; which term shall also include and refer to any increase in the amount
of indebtedness under the Credit 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: 1in"><FONT STYLE="font-size: 10pt">B.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Guarantor has, in accordance with the terms of the Credit Agreement and pursuant to the Loan Guaranty, unconditionally guaranteed
the Secured Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">C.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
U.S. Borrower and each Guarantor will receive substantial benefits from the execution, delivery and performance of the obligations
under the Credit Agreement and the other Loan Documents and each is, therefore, willing to enter into this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">D.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Agreement is given by each Pledgor in favor of the Administrative Agent for the benefit of the Secured Parties to secure the payment
and performance of all of the Secured Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">E.</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It
is a condition to (i)&nbsp;the obligations of the Lenders to make the Loans under the Credit Agreement, (ii)&nbsp;the obligations
of each Issuing Bank to issue Letters of Credit and (iii)&nbsp;the performance of the obligations of the Secured Parties under
Swap Agreements that constitute Secured Obligations that each Pledgor execute and deliver the applicable Loan Documents, including
this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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"></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: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>A G R E E M E N T</U> :</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">NOW THEREFORE, in consideration
of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
each Pledgor and the Administrative Agent hereby agree, as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><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"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;I.</FONT></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"><FONT STYLE="text-transform: uppercase">DEFINITIONS
AND INTERPRETATION</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;1.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Definitions</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
otherwise defined herein or in the Credit Agreement, capitalized terms used herein that are defined in the UCC shall have the
meanings assigned to them in the UCC; <U>provided</U> that in any event, the following terms shall have the meanings assigned
to them in the UCC:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Accounts</U>&rdquo;;
 &ldquo;<U>Bank</U>&rdquo;; &ldquo;<U>Chattel Paper</U>&rdquo;; &ldquo;<U>Commercial Tort Claim</U>&rdquo;; &ldquo;<U>Commodity
Account</U>&rdquo;; &ldquo;<U>Commodity Contract</U>&rdquo;; &ldquo;<U>Commodity Intermediary</U>&rdquo;; &ldquo;<U>Documents</U>&rdquo;;
 &ldquo;<U>Electronic Chattel Paper</U>&rdquo;; &ldquo;<U>Entitlement Order</U>&rdquo;; &ldquo;<U>Equipment</U>&rdquo;; &ldquo;<U>Financial
Asset</U>&rdquo;; &ldquo;<U>Fixtures</U>&rdquo;; &ldquo;<U>Goods</U>&rdquo;, &ldquo;<U>Inventory</U>&rdquo;; &ldquo;<U>Letter-of-Credit
Rights</U>&rdquo;; &ldquo;<U>Letters of Credit</U>&rdquo;; &ldquo;<U>Money</U>&rdquo;; &ldquo;<U>Payment Intangibles</U>&rdquo;;
 &ldquo;<U>Proceeds</U>&rdquo;; &ldquo;<U>Records</U>&rdquo;; &ldquo;<U>Securities Account</U>&rdquo;; &ldquo;<U>Security Entitlement</U>&rdquo;;
 &ldquo;<U>Securities Intermediary</U>&rdquo;; &ldquo;<U>Supporting Obligations</U>&rdquo;; and &ldquo;<U>Tangible Chattel Paper</U>.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Terms
used but not otherwise defined herein that are defined in the Credit Agreement shall have the meanings given to them in the Credit
Agreement. Section&nbsp;1.02 of the Credit Agreement shall apply herein <I>mutatis mutandis</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: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following terms shall have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Account Debtor</U>&rdquo;
shall mean each person who is obligated on a Receivable or Supporting Obligation related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agreement</U>&rdquo;
shall have the meaning assigned to such term in the Preamble hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Administrative
Agent</U>&rdquo; shall have the meaning assigned to such term in the Preamble hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Collateral
Support</U>&rdquo; shall mean all personal property assigned, hypothecated or otherwise securing any Pledged Collateral and shall
include any security agreement or other agreement granting a lien or security interest in such personal property.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Contracts</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all sale, service, performance, equipment or property lease contracts,
agreements and grants and all other contracts, agreements or grants (in each case, whether written or oral, or third party or
intercompany), between such Pledgor and any third party, and all assignments, amendments, restatements, supplements, extensions,
renewals, replacements or modifications thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: red"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Control</STRIKE></U><STRIKE>&rdquo;
shall mean (i)&nbsp;in the case of each Deposit Account, &ldquo;control,&rdquo; as such term is defined in Section&nbsp;9-104
of the UCC, (ii)&nbsp;in the case of any Security Entitlement, &ldquo;control,&rdquo; as such term is defined in Section&nbsp;8-106
of the UCC, and (iii)&nbsp;in the case of any Commodity Contract, &ldquo;control,&rdquo; as such term is defined in Section&nbsp;9-106
of the UCC.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Copyright
Security Agreement</U>&rdquo; shall mean an agreement substantially in the form of <U>Exhibit&nbsp;4</U> hereto.</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"></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: justify; text-indent: 1in">&ldquo;<U>Copyrights</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all copyrights (whether statutory or common law, whether established or
registered in the United States or any other country or any political subdivision thereof, whether registered or unregistered
and whether published or unpublished) and all copyright registrations and applications made by such Pledgor, in each case, whether
now owned or hereafter created or acquired by or assigned to such Pledgor, together with any and all (i)&nbsp;rights and privileges
arising under applicable law with respect to such Pledgor&rsquo;s use of such copyrights, (ii)&nbsp;reissues, renewals, continuations
and extensions thereof and amendments thereto, (iii)&nbsp;income, fees, royalties, damages, claims and payments now or hereafter
due and/or payable with respect thereto, including damages and payments for past, present or future infringements thereof, (iv)&nbsp;rights
corresponding thereto throughout the world and (v)&nbsp;rights to sue for past, present or future infringements thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Credit Agreement</U>&rdquo;
shall have the meaning assigned to such term in the Recitals hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Deposit Accounts</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, (i)&nbsp;all &ldquo;deposit accounts&rdquo; as such term is defined in
Article&nbsp;9 of the UCC and in any event shall include the LC Account and all accounts and sub-accounts relating to any of the
foregoing accounts and (ii)&nbsp;all cash, funds, checks, notes and instruments from time to time on deposit in any of the accounts
or sub-accounts described in clause (i)&nbsp;of this definition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Distributions</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all dividends, cash, options, warrants, rights, instruments, distributions,
returns of capital or principal, income, interest, profits and other property, interests (debt or equity) or proceeds, including
as a result of a split, revision, reclassification or other like change of the Pledged Securities, from time to time received,
receivable or otherwise distributed to such Pledgor in respect of or in exchange for any or all of the Pledged Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Accounts</U>&rdquo;
means any deposit accounts, securities accounts or other similar accounts (i)&nbsp;into which there are deposited no funds other
than those intended solely to cover wages for employees (and related contributions to be made on behalf of such employees to health
and benefit plans) plus balances for outstanding checks for wages from prior periods; (ii)&nbsp;constituting employee withholding
accounts and containing only funds deducted from pay otherwise due to employees for services rendered to be applied toward the
tax obligations of such employees; (iii)&nbsp;into which there are deposited no funds other than funds constituting cash collateral
subject to Permitted Liens; (iv)&nbsp;into which there are deposited no funds other than those that are deposited for employee
benefits (e.g. health insurance, flexible spending,&nbsp;etc.); (v)&nbsp;into which there are deposited no funds other than those
related to gift cards; (vi)&nbsp;zero balance accounts; and (vii)&nbsp;other deposit accounts, securities accounts or similar
accounts if the amount on deposit and value in security in such account does not exceed $1,000,000 individually or $10,000,000
in the aggregate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Assets</U>&rdquo;
shall have the meaning ascribed to such term in the Credit 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: 1in">&ldquo;<U>General Intangibles</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all &ldquo;general intangibles,&rdquo; as such term is defined in the
UCC, of such Pledgor and, in any event, shall include (i)&nbsp;all of such Pledgor&rsquo;s rights, title and interest in, to and
under all Contracts and insurance policies (including all rights and remedies relating to monetary damages, including indemnification
rights and remedies, and claims for damages or other relief pursuant to or in respect of any Contract), (ii)&nbsp;all know how
and warranties relating to any of the Pledged Collateral, (iii)&nbsp;any and all other rights, claims, choses-in-action and causes
of action of such Pledgor against any other person and the benefits of any and all collateral or other security given by any other
person in connection therewith, (iv)&nbsp;all guarantees, endorsements and indemnifications on, or of, any of the Pledged Collateral,
(v)&nbsp;all lists, books, records, correspondence, ledgers, printouts, files (whether in printed form or stored electronically),
tapes and other papers or materials containing information relating to any of the Pledged Collateral, including all customer lists,
identification of suppliers, data, plans, blueprints, specifications, designs, drawings, appraisals, recorded knowledge, studies,
engineering reports, test reports, manuals, standards, processing standards, performance standards, catalogs, research data, computer
and automatic machinery software and programs and the like, field repair data, accounting information pertaining to such Pledgor&rsquo;s
operations or any of the Pledged Collateral and all media in which or on which any of the information or knowledge or data or
records may be recorded or stored and all computer programs used for the compilation or printout of such information, knowledge,
records or data, (vi)&nbsp;all licenses, consents, permits, variances, certifications, authorizations and approvals, however characterized,
now or hereafter acquired or held by such Pledgor, including building permits, certificates of occupancy, environmental certificates,
industrial permits or licenses and certificates of operation and (vii)&nbsp;all rights to reserves, deferred payments, deposits,
refunds, indemnification of claims and claims for tax or other refunds against any Governmental Authority.</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"></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: justify; text-indent: 1in">&ldquo;<U>Goodwill</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, the goodwill connected with such Pledgor&rsquo;s business including all
goodwill connected with (i)&nbsp;the use of and symbolized by any Trademark or Intellectual Property License with respect to any
Trademark in which such Pledgor has any interest, and (ii)&nbsp;all know-how, trade secrets, customer and supplier lists, proprietary
information, inventions, methods, procedures, formulae, descriptions, compositions, technical data, drawings, specifications,
name plates, catalogs, confidential information and the right to limit the use or disclosure thereof by any person, pricing and
cost information, business and marketing plans and proposals, consulting agreements, engineering contracts and such other assets
which relate to such goodwill.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Guarantors</U>&rdquo;
shall have the meaning assigned to such term in the Preamble hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Instruments</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all &ldquo;instruments,&rdquo; as such term is defined in Article&nbsp;9,
rather than Article&nbsp;3, of the UCC, and shall include all promissory notes, drafts, bills of exchange or acceptances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Intellectual
Property Collateral</U>&rdquo; shall mean, collectively, the Patents, Trademarks, Copyrights,&nbsp;Intellectual Property Licenses
and Goodwill.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Intellectual
Property Licenses</U>&rdquo; shall mean, collectively, with respect to each Pledgor, all license and distribution agreements with,
and covenants not to sue, any other party with respect to any Patent, Trademark or Copyright or any other patent, trademark or
copyright, whether such Pledgor is a licensor or licensee, distributor or distributee under any such license or distribution agreement,
together with any and all (i)&nbsp;renewals, extensions, supplements and continuations thereof, (ii)&nbsp;income, fees, royalties,
damages, claims and payments now and hereafter due and/or payable thereunder and with respect thereto including damages and payments
for past, present or future infringements or violations thereof, (iii)&nbsp;rights to sue for past, present and future infringements
or violations thereof and (iv)&nbsp;other rights to use, exploit or practice any or all of the Patents, Trademarks or Copyrights
or any other patent, trademark or copyright.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Investment
Property</U>&rdquo; shall mean a security, whether certificated or uncertificated, Security Entitlement, Securities Account, Commodity
Contract or Commodity Account, excluding, however, the Securities Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Joinder Agreement</U>&rdquo;
shall mean an agreement substantially in the form of <U>Exhibit&nbsp;3</U> hereto.</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>LC Account</U>&rdquo;
shall mean any account established and maintained in accordance with the provisions of <U>Section&nbsp;2.06(j)</U>&nbsp;of the
Credit Agreement and all property from time to time on deposit in such LC Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Lenders</U>&rdquo;
shall have the meaning assigned to such term in <U>Recital A</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Material Intellectual
Property Collateral</U>&rdquo; shall mean any Intellectual Property Collateral that is material (i)&nbsp;to the use and operation
of the Pledged Collateral, taken as a whole, or (ii)&nbsp;to the business, results of operations, or financial condition of the
Pledgors, taken as a whole.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Organization
Documents</U>&rdquo; means (a)&nbsp;with respect to any corporation, the certificate or articles of incorporation and the bylaws
(or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b)&nbsp;with respect to any limited
liability company, the certificate or articles of formation or organization and operating agreement; and (c)&nbsp;with respect
to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable
agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto filed in connection
with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization
and, if applicable, any certificate or articles of formation or organization of such entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.25in; text-indent: 0in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Patent Security
Agreement</U>&rdquo; shall mean an agreement substantially in the form of Exhibit&nbsp;5 hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Patents</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all patents issued or assigned to, and all patent applications and registrations
made by, such Pledgor (whether established or registered or recorded in the United States or any other country or any political
subdivision thereof), together with any and all (i)&nbsp;rights and privileges arising under applicable law with respect to such
Pledgor&rsquo;s use of any patents, (ii)&nbsp;inventions and improvements described and claimed therein, (iii)&nbsp;reissues,
division<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>al</U></FONT>s, continuations, renewals, extensions and continuations-in-part
thereof and amendments thereto, (iv)&nbsp;income, fees, royalties, damages, claims and payments now or hereafter due and/or payable
thereunder and with respect thereto including damages and payments for past, present or future infringements thereof, (v)&nbsp;rights
corresponding thereto throughout the world and (vi)&nbsp;rights to sue for past, present or future infringements thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Perfection
Certificate</U>&rdquo; shall mean that certain perfection certificate dated as of the date hereof, executed and delivered by each
Pledgor party thereto in favor of the Administrative Agent for the benefit of the Secured Parties, and each other Perfection Certificate
(which shall be in form and substance reasonably acceptable to the Administrative Agent) executed and delivered by the applicable
Guarantor in favor of the Administrative Agent for the benefit of the Secured Parties contemporaneously with the execution and
delivery of each Joinder Agreement executed in accordance with <U>Section&nbsp;3.7</U> hereof, in each case, as the same may be
amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the Credit 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: 1in">&ldquo;<U>Pledge Amendment</U>&rdquo;
shall have the meaning assigned to such term in <U>Section&nbsp;5.1</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Collateral</U>&rdquo;
shall have the meaning assigned to such term in <U>Section&nbsp;2.1 </U>hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledged Securities</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, (i)&nbsp;all issued and outstanding Equity Interests of each issuer set
forth on <U>Schedule 7(a)</U>&nbsp;to the Perfection Certificate as being owned by such Pledgor and all options, warrants, rights,
agreements and additional Equity Interests of whatever class of any such issuer acquired by such Pledgor (including by issuance),
together with all rights, privileges, authority and powers of such Pledgor relating to such Equity Interests in each such issuer
or under any Organization Document of each such issuer, and the certificates, instruments and agreements representing such Equity
Interests and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to such
Equity Interests, (ii)&nbsp;all Equity Interests of any issuer, which Equity Interests are hereafter acquired by such Pledgor
(including by issuance) and all options, warrants, rights, agreements and additional Equity Interests of whatever class of any
such issuer acquired by such Pledgor (including by issuance), together with all rights, privileges, authority and powers of such
Pledgor relating to such Equity Interests or under any Organization Document of any such issuer, and the certificates, instruments
and agreements representing such Equity Interests and any and all interest of such Pledgor in the entries on the books of any
financial intermediary pertaining to such Equity Interests, from time to time acquired by such Pledgor in any manner, and (iii)&nbsp;all
Equity Interests issued in respect of the Equity Interests referred to in clause (i)&nbsp;or (ii)&nbsp;upon any consolidation
or merger of any issuer of such Equity Interests; <U>provided</U>, <U>however,</U> that Pledged Securities shall not include any
Excluded Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pledgor</U>&rdquo;
shall have the meaning assigned to such term in the Preamble hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Receivables</U>&rdquo;
shall mean all (i)&nbsp;Accounts, (ii)&nbsp;Chattel Paper, (iii)&nbsp;Payment Intangibles, (iv)&nbsp;General Intangibles, (v)&nbsp;Instruments
and (vi)&nbsp;all other rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed,
assigned or otherwise disposed of, or services rendered or to be rendered, regardless of how classified under the UCC together
with all of Pledgors&rsquo; rights, if any, in any goods or other property giving rise to such right to payment and all Collateral
Support and Supporting Obligations related thereto and all Records relating thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Securities
Collateral</U>&rdquo; shall mean, collectively, the Pledged Securities and the Distributions; <U>provided</U>, <U>however,</U>
that Securities Collateral shall not include any Excluded Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Trademark
Security Agreement</U>&rdquo; shall mean an agreement substantially in the form of <U>Exhibit&nbsp;6</U> hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Trademarks</U>&rdquo;
shall mean, collectively, with respect to each Pledgor, all trademarks (including service marks), slogans, logos, certification
marks, trade dress, uniform resource locations (URL&rsquo;s), domain names, corporate names and trade names, whether registered
or unregistered, owned by or assigned to such Pledgor and all registrations and applications for the foregoing (whether statutory
or common law and whether established or registered in the United States or any other country or any political subdivision thereof),
together with any and all (i)&nbsp;rights and privileges arising under applicable law with respect to such Pledgor&rsquo;s use
of any trademarks, (ii)&nbsp;reissues, continuations, extensions and renewals thereof and amendments thereto, (iii)&nbsp;income,
fees, royalties, damages and payments now and hereafter due and/or payable thereunder and with respect thereto, including damages,
claims and payments for past, present or future infringements thereof, (iv)&nbsp;rights corresponding thereto throughout the world
and (v)&nbsp;rights to sue for past, present and future infringements thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Uniform Commercial
Code</U>&rdquo; or &ldquo;<U>UCC</U>&rdquo; shall mean the Uniform Commercial Code as in effect from time to time in the State
of New York; <U>provided</U>, <U>however,</U> that, at any time, if by reason of mandatory provisions of law, any or all of the
perfection or priority of the Administrative Agent&rsquo;s and the Secured Parties&rsquo; security interest in any item or portion
of the Pledged Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New
York, the term &ldquo;UCC&rdquo; shall mean the Uniform Commercial Code as in effect, at such time, in such other jurisdiction
for purposes of the provisions hereof relating to such perfection or priority and for purposes of definitions relating to such
provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>U.S. Borrower</U>&rdquo;
shall have the meaning assigned to such term in the Preamble hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;1.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Interpretation</U>.
The rules&nbsp;of interpretation specified in the Credit Agreement (including <U>Section&nbsp;1.02</U> thereof) shall be applicable
to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;1.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Resolution
of Drafting Ambiguities</U>. Each Pledgor acknowledges and agrees that it was represented by counsel in connection with the execution
and delivery hereof, that it and its counsel reviewed and participated in the preparation and negotiation hereof and that any
rule&nbsp;of construction to the effect that ambiguities are to be resolved against the drafting party (i.e., the Administrative
Agent) shall not be employed in the interpretation hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;1.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Perfection
Certificate</U>. The Administrative Agent and each Secured Party agree that the Perfection Certificate and all descriptions of
Pledged Collateral, schedules, amendments and supplements thereto are and shall at all times remain a part of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;II.</FONT></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"><FONT STYLE="text-transform: uppercase">GRANT
OF SECURITY AND SECURED OBLIGATIONS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;2.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Grant
of Security Interest</U>. As collateral security for the payment and performance in full of all the Secured Obligations, each
Pledgor hereby pledges and grants to the Administrative Agent for the benefit of the Secured Parties, a lien on and security interest
in all of the right, title and interest of such Pledgor in, to and under the following property, wherever located, and whether
now existing or hereafter arising or acquired from time to time (collectively, the &ldquo;<U>Pledged Collateral</U>&rdquo;):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(i)</TD><TD STYLE="text-align: justify">all Accounts;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(ii)</TD><TD STYLE="text-align: justify">all Equipment, Goods,&nbsp;Inventory and Fixtures;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(iii)</TD><TD STYLE="text-align: justify">all Documents,&nbsp;Instruments and Chattel Paper;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(iv)</TD><TD STYLE="text-align: justify">all Letters of Credit and Letter-of-Credit Rights;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(v)</TD><TD STYLE="text-align: justify">all Securities Collateral;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(vi)</TD><TD STYLE="text-align: justify">all Investment Property;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(vii)</TD><TD STYLE="text-align: justify">all Intellectual Property Collateral;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in">(viii)</TD><TD STYLE="text-align: justify">the Commercial Tort Claims described
                                         on <U>Schedule 10</U> to the Perfection Certificate;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(ix)</TD><TD STYLE="text-align: justify">all General Intangibles;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(x)</TD><TD STYLE="text-align: justify">all Money and all Deposit Accounts;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(xi)</TD><TD STYLE="text-align: justify">all Supporting Obligations;</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(xii)</TD><TD STYLE="text-align: justify">all books and records relating to the Pledged Collateral;
and</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE 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">(xiii)</TD><TD STYLE="text-align: justify">to the extent not covered by clauses
                                         (i)&nbsp;through (xii)&nbsp;of this sentence, all other personal property of such Pledgor,
                                         whether tangible or intangible, and all Proceeds and products of each of the foregoing
                                         and all accessions to, substitutions and replacements for, and rents, profits and products
                                         of, each of the foregoing, and any and all Proceeds of any insurance, indemnity, warranty
                                         or guaranty payable to such Pledgor from time to time with respect to any of the foregoing.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Notwithstanding anything
to the contrary contained in clauses (i)&nbsp;through (xiii)&nbsp;above, the security interest created by this Agreement shall
not extend to, and the term &ldquo;Pledged Collateral&rdquo; shall not include, any Excluded Assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;2.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Filings</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Pledgor hereby irrevocably authorizes the Administrative Agent at any time and from time to time to file in any relevant jurisdiction
any financing statements (including fixture filings) and amendments thereto that contain the information required by Article&nbsp;9
of the Uniform Commercial Code of each applicable jurisdiction for the filing of any financing statement or amendment relating
to the Pledged Collateral, including (i)&nbsp;whether such Pledgor is an organization, the type of organization and any organizational
identification number issued to such Pledgor and (ii)&nbsp;any financing or continuation statements or other documents without
the signature of such Pledgor where permitted by law, including the filing of a financing statement describing the Pledged Collateral
as &ldquo;all assets now owned or hereafter acquired by the Pledgor or in which Pledgor otherwise has rights&rdquo;. Each Pledgor
agrees to provide all information described in the immediately preceding sentence to the Administrative Agent promptly upon reasonable
request by the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Pledgor hereby further authorizes the Administrative Agent to file filings with the United States Patent and Trademark Office
or United States Copyright Office, including this Agreement, the Copyright Security Agreement, the Patent Security Agreement and
the Trademark Security Agreement, or other documents for the purpose of perfecting, confirming, continuing, enforcing or protecting
the security interest granted by such Pledgor hereunder, without the signature of such Pledgor, and naming such Pledgor, as debtor,
and the Administrative Agent, as secured party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;III.</FONT></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"><FONT STYLE="text-transform: uppercase">PERFECTION;
SUPPLEMENTS; FURTHER ASSURANCES;<BR>
USE OF PLEDGED COLLATERAL</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Delivery
of Certificated Securities Collateral</U>. Each Pledgor represents and warrants that all certificates or instruments representing
or evidencing the Securities Collateral in existence on the date hereof have been delivered to the Administrative Agent in suitable
form for transfer by delivery or accompanied by duly executed instruments of transfer or assignment in blank and that the Administrative
Agent has a perfected first priority security interest therein, subject only to Permitted Liens. Each Pledgor hereby agrees that
all certificates or instruments representing or evidencing Securities Collateral acquired by such Pledgor after the date hereof
shall, simultaneously with the delivery of its financial statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;and
(b)&nbsp;of the Credit Agreement for the period in which such Securities Collateral was acquired, be delivered to and held by
or on behalf of the Administrative Agent pursuant hereto. All certificated Securities Collateral shall be in suitable form for
transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and
substance reasonably satisfactory to the Administrative Agent. The Administrative Agent shall have the right, at any time upon
the occurrence and during the continuance of any Event of Default and prior notice to the applicable Pledgor, to endorse, assign
or otherwise transfer to or to register in the name of the Administrative Agent or any of its nominees or endorse for negotiation
any or all of the Securities Collateral, without any indication that such Securities Collateral is subject to the security interest
hereunder. In addition, upon the occurrence and during the continuance of an Event of Default, the Administrative Agent shall
have the right at any time to exchange certificates representing or evidencing Securities Collateral for certificates of smaller
or larger denominations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Perfection
of Uncertificated Securities Collateral</U>. Each Pledgor represents and warrants that the Administrative Agent has a perfected
first priority security interest in all uncertificated Pledged Securities pledged by it hereunder that are in existence on the
date hereof, subject only to Permitted Liens. Each Pledgor hereby agrees that if any of the Pledged Securities are at any time
not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, (i)&nbsp;cause
the issuer to execute and deliver to the Administrative Agent an acknowledgment of the pledge of such Pledged Securities substantially
in the form of <U>Exhibit&nbsp;1</U> hereto or such other form that is reasonably satisfactory to the Administrative Agent, (ii)&nbsp;if
necessary to perfect a security interest in such Pledged Securities, cause such pledge to be recorded on the equityholder register
or the books of the issuer, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge
and give the Administrative Agent the right to transfer such Pledged Securities under the terms hereof and (iii)&nbsp;after the
occurrence and during the continuance of any Event of Default, upon request by the Administrative Agent and to the fullest extent
permitted by applicable law, (A)&nbsp;cause the Organization Documents of each such issuer to be amended to provide that such
Pledged Securities shall be treated as &ldquo;securities&rdquo; for purposes of the UCC and (B)&nbsp;cause such Pledged Securities
to become certificated and delivered to the Administrative Agent in accordance with the provisions of <U>Section&nbsp;3.1</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maintenance
of Perfected Security Interest</U>. Each Pledgor agrees that at the sole cost and expense of the Pledgors, such Pledgor will maintain
the security interest created by this Agreement in the Pledged Collateral as a perfected first priority security interest subject
only to Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Other
Actions</U>. In order to further ensure the attachment, perfection and priority of, and the ability of the Administrative Agent
to enforce, the Administrative Agent&rsquo;s security interest in the Pledged Collateral, each Pledgor represents and warrants
(as to itself) as follows and agrees, in each case at such Pledgor&rsquo;s own expense, to take the following actions with respect
to the following Pledged Collateral:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Instruments
and Tangible Chattel Paper</U>. As of the date hereof, all Instruments or Tangible Chattel Paper constituting Pledged Collateral
are listed in <U>Schedule 8</U> to the Perfection Certificate. All Instruments and Tangible Chattel Paper that represent amounts
payable that are, individually, more than $1,000,000 or, in the aggregate, more than $2,000,000 have been properly endorsed, assigned
and delivered to the Administrative Agent, accompanied by instruments of transfer or assignment duly executed in blank, other
than any Instruments or Chattel Paper of the type specifically specified in Section&nbsp;5.09(d)&nbsp;of the Credit Agreement.
If any amount then payable under or in connection with any of the Pledged Collateral shall be evidenced by any Instrument or Tangible
Chattel Paper in excess of $1,000,000, or if such amount, together with all amounts payable evidenced by any Instrument or Tangible
Chattel Paper not previously delivered to the Administrative Agent exceeds $2,000,000 in the aggregate for all Pledgors, the Pledgor
acquiring such Instrument or Tangible Chattel Paper shall (simultaneously with the delivery of its financial statements to the
Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the Credit Agreement for the period in which such Instrument
or Tangible Chattel Paper was acquired) endorse, assign and deliver such Instrument or Tangible Chattel Paper to the Administrative
Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time
to time specify.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved].</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Electronic
Chattel Paper and Transferable Records</U>. As of the date hereof, all Electronic Chattel Paper or any &ldquo;transferable record&rdquo;
(as that term is defined in Section&nbsp;201 of the Federal Electronic Signatures in Global and National Commerce Act, or in Section&nbsp;16
of the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction) is listed in <U>Schedule 8</U> to the Perfection
Certificate. If any amount payable under or in connection with any of the Pledged Collateral shall be evidenced by any Electronic
Chattel Paper or any transferable record in excess of $1,000,000 or if such amount, together with all amounts payable evidenced
by any Electronic Chattel Paper or transferable record not subject to the Administrative Agent&rsquo;s control exceeds $2,000,000,
the Pledgor acquiring such Electronic Chattel Paper or transferable record shall (simultaneously with the delivery of its financial
statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the Credit Agreement for the period in
which such Electronic Chattel Paper or transferable record was acquired) notify the Administrative Agent thereof and shall take
such action as the Administrative Agent may reasonably request to vest in the Administrative Agent control of such Electronic
Chattel Paper under Section&nbsp;9-105 of the UCC or control under Section&nbsp;201 of the Federal Electronic Signatures in Global
and National Commerce Act or, as the case may be, Section&nbsp;16 of the Uniform Electronic Transactions Act, as so in effect
in such jurisdiction, of such transferable record. The Administrative Agent agrees with such Pledgor that the Administrative Agent
will arrange, pursuant to procedures reasonably satisfactory to the Administrative Agent and so long as such procedures will not
result in the Administrative Agent&rsquo;s loss of control, for the Pledgor to make alterations to the Electronic Chattel Paper
or transferable record permitted under Section&nbsp;9-105 of the UCC or, as the case may be, Section&nbsp;201 of the Federal Electronic
Signatures in Global and National Commerce Act or Section&nbsp;16 of the Uniform Electronic Transactions Act for a party in control
to allow without loss of control, unless an Event of Default has occurred and is continuing or would occur after taking into account
any action by such Pledgor with respect to such Electronic Chattel Paper or transferable record.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Letter-of-Credit
Rights</U>. If any Pledgor is or becomes the beneficiary of a letter of credit, such Pledgor (simultaneously with the delivery
of its financial statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the Credit Agreement
for the period in which such letter of credit was issued to such Pledgor) notify the Administrative Agent in writing signed by
such Pledgor of the brief details thereof and use commercially reasonable efforts to cause the issuer and/or confirmation bank
to (i)&nbsp;consent to the assignment of any Letter-of-Credit Rights to the Administrative Agent and (ii)&nbsp;agree to direct
all payments thereunder to a Deposit Account at the Administrative Agent for application to the Secured Obligations all in form
and substance reasonably satisfactory to the Administrative Agent. The requirement in the preceding sentence shall not apply to
the extent that the amount of such Letter-of-Credit Rights are less than $10,000,000 and when taken together with the amount of
all other Letter-of-Credit Rights held by any Pledgor in which the Administrative Agent does not have a security interest, does
not exceed $10,000,000 in the aggregate for all Pledgors (or such greater amount to the extent Pledgors shall have used commercially
reasonable efforts to comply with this <U>Section&nbsp;3.4(f)</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Commercial
Tort Claims</U>. As of the date hereof, each Pledgor hereby represents and warrants that it holds no Commercial Tort Claims other
than those listed in <U>Schedule 10</U> to the Perfection Certificate. If any Pledgor shall at any time hold or acquire a Commercial
Tort Claim, such Pledgor shall (simultaneously with the delivery of its financial statements to the Administrative Agent pursuant
to Sections 5.01(a)&nbsp;or (b)&nbsp;of the Credit Agreement for the period in which such Commercial Tort Claim arose) notify
the Administrative Agent in writing signed by such Pledgor of the brief details thereof and grant to the Administrative Agent
in such writing a security interest therein and in the Proceeds thereof, all upon the terms of this Agreement, with such writing
to be in form and substance reasonably satisfactory to the Administrative Agent. The requirement in the preceding sentence shall
not apply to the extent that the amount of such Commercial Tort Claim is less than $10,000,000 and when taken together with the
amount of all other Commercial Tort Claims held by any Pledgor in which the Administrative Agent does not have a security interest,
does not exceed $10,000,000 in the aggregate for all Pledgors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>[Reserved]</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Change
of Name or State of Formation</U>. No Pledgor shall (a)&nbsp;change its name as it appears in official filings in the state or
country of its incorporation or organization, (b)&nbsp;change the type of entity that it is, (c)&nbsp;change its organization
identification number, if any, issued by its state or country of incorporation or other organization, or (d)&nbsp;change its state
or country of incorporation or organization, in each case, unless the Administrative Agent shall have received at least ten (10)&nbsp;Business
Days prior written notice of such change (or such lesser period as shall be satisfactory to the Administrative Agent) and either
(1)&nbsp;such change will not adversely affect the validity, perfection or priority of the Administrative Agent&rsquo;s security
interest in the Collateral, or (2)&nbsp;any reasonable action requested by the Administrative Agent in connection therewith has
been completed or taken (including any action to continue the perfection of any Liens in favor of the Administrative Agent in
any Collateral).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Joinder
of Additional Guarantors</U>. The Pledgors shall cause each Domestic Subsidiary that constitutes a Material Subsidiary (other
than any Excluded Subsidiary) which, from time to time, after the date hereof shall be required to pledge any assets to the Administrative
Agent for the benefit of the Secured Parties pursuant to the provisions of the Credit Agreement to execute and deliver to the
Administrative Agent (i)&nbsp;a Joinder Agreement substantially in the form of <U>Exhibit&nbsp;3</U> hereto within thirty (30)
days of the date on which it was acquired or created (or such longer period as the Administrative Agent may agree in its sole
discretion) and (ii)&nbsp;a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired
or created (or such longer period as the Administrative Agent may agree in its sole discretion) and such Material Subsidiary shall
constitute a &ldquo;Guarantor&rdquo; and a &ldquo;Pledgor&rdquo; for all purposes hereunder with the same force and effect as
if originally named as a Guarantor and Pledgor herein. The execution and delivery of such Joinder Agreement shall not require
the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect
notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;3.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Supplements;
Further Assurances</U>. Each Pledgor shall take such further actions, and execute and/or deliver to the Administrative Agent such
additional financing statements, amendments, assignments, agreements, supplements, powers and instruments, as the Administrative
Agent may in its reasonable judgment deem necessary or appropriate in order to create, perfect, preserve and protect the security
interest in the Pledged Collateral (other than (i)&nbsp;non-US Intellectual Property Collateral and Intellectual Property Collateral
that is not subject to an application, registration or issued patent, trademark or copyright or (ii)&nbsp;assets not intended
to be included as Pledged Collateral subject to a perfected Lien hereunder) as provided herein and the rights and interests granted
to the Administrative Agent hereunder, to carry into effect the purposes hereof or better to assure and confirm the validity,
enforceability and priority of the Administrative Agent&rsquo;s security interest in the Pledged Collateral or permit the Administrative
Agent to exercise and enforce its rights, powers and remedies hereunder with respect to any Pledged Collateral, including the
filing of financing statements, continuation statements and other documents (including this Agreement) under the Uniform Commercial
Code (or other similar laws) in effect in any jurisdiction with respect to the security interest created hereby, all in form reasonably
satisfactory to the Administrative Agent and in such offices (including the United States Patent and Trademark Office and the
United States Copyright Office) wherever required by law to perfect, continue and maintain the validity, enforceability and priority
of the security interest in the Pledged Collateral (other than non-US Intellectual Property Collateral) as provided herein and
to preserve the other rights and interests granted to the Administrative Agent hereunder, as against third parties, with respect
to the Pledged Collateral (other than non-US Intellectual Property Collateral), subject, in any case, to Section&nbsp;5.09 of
the Credit Agreement. Without limiting the generality of the foregoing, each Pledgor shall make, execute, endorse, acknowledge,
file or refile and/or deliver to the Administrative Agent from time to time upon reasonable request by the Administrative Agent
such lists, schedules, descriptions and designations of the Pledged Collateral, copies of warehouse receipts, receipts in the
nature of warehouse receipts, bills of lading, documents of title, vouchers, invoices, schedules, confirmatory assignments, supplements,
additional security agreements, conveyances, financing statements, transfer endorsements, powers of attorney, certificates, reports
and other assurances or instruments as the Administrative Agent shall reasonably request, subject, in any case, to Section&nbsp;5.09
of the Credit Agreement. If an Event of Default has occurred and is continuing, the Administrative Agent may institute and maintain,
in its own name or in the name of any Pledgor, such suits and proceedings as the Administrative Agent may be advised by counsel
shall be necessary or expedient to prevent any impairment of the security interest in or the perfection thereof in the Pledged
Collateral. All of the foregoing shall be at the sole cost and expense of the Pledgors.</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"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;IV.</FONT></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"><FONT STYLE="text-transform: uppercase">REPRESENTATIONS,
WARRANTIES AND COVENANTS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Each Pledgor represents,
warrants and covenants as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Title</U>.
Except for the security interest granted to the Administrative Agent for the ratable benefit of the Secured Parties pursuant to
this Agreement and other Permitted Liens, such Pledgor owns or has rights and, as to Pledged Collateral acquired by it from time
to time after the date hereof, will own or have rights in each item of Pledged Collateral pledged by it hereunder, free and clear
of any and all Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Validity
of Security Interest</U>. The security interest in and Lien on the Pledged Collateral granted to the Administrative Agent for
the benefit of the Secured Parties hereunder constitutes (a)&nbsp;a legal and valid security interest in all the Pledged Collateral
securing the payment and performance of the Secured Obligations, except as enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors&rsquo; rights or secured parties&rsquo;
generally, and by general equitable principles (whether enforcement is sought by proceedings in equity or at law), and (b)&nbsp;with
respect only to Pledged Collateral that may be perfected by filing of a financing statement, subject to the filings described
in <U>Schedule 5</U> to the Perfection Certificate (to the extent required to be listed on the schedules to the Perfection Certificate
as of the date this representation is made or deemed made), a perfected security interest in all the Pledged Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Defense
of Claims; Transferability of Pledged Collateral</U>. Subject to Section&nbsp;5.04 of the Credit Agreement, each Pledgor shall,
at its own cost and expense, defend title to the Pledged Collateral pledged by it hereunder and the security interest therein
and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at
its own cost and expense, at any time claiming any interest therein adverse to the Administrative Agent or any other Secured Party
other than as permitted by Section&nbsp;6.02 of the Credit Agreement. Nothing in this Agreement shall prevent any Pledgor from
discontinuing the operation or maintenance of any of its assets or properties if such discontinuance is permitted by the Credit
Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Other
Financing Statements</U>. It has not filed, nor authorized any third party to file, any valid or effective financing statement
(or similar statement, instrument of registration or public notice under the law of any jurisdiction) covering or purporting to
cover any interest of any kind in the Pledged Collateral, except such as have been filed in favor of the Administrative Agent
pursuant to this Agreement or in favor of any holder of a Lien permitted by Section&nbsp;6.02 of the Credit Agreement with respect
to such Lien or financing statements or public notices relating to the termination statements. No Pledgor shall execute or authorize
to be filed in any public office any financing statement (or similar statement, instrument of registration or public notice under
the law of any jurisdiction) relating to any Pledged Collateral, except financing statements and other statements and instruments
filed or to be filed in respect of and covering the security interests granted by such Pledgor to the holder of the Liens permitted
by Section&nbsp;6.02 of the Credit 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 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Chief
Executive Office; Change of Name; Jurisdiction of Organization</U>. The Administrative Agent may rely on advice of counsel as
to whether any or all UCC financing statements of the Pledgors need to be amended as a result of any of the changes described
in <U>Section&nbsp;3.6</U>. If any Pledgor fails to provide information to the Administrative Agent about such changes on a timely
basis, the Administrative Agent shall not be liable or responsible to any party for any failure to maintain a perfected security
interest in such Pledgor&rsquo;s property constituting Pledged Collateral, for which the Administrative Agent needed to have information
relating to such changes. The Administrative Agent shall have no duty to inquire about such changes if any Pledgor does not inform
the Administrative Agent of such changes, the parties acknowledging and agreeing that it would not be feasible or practical for
the Administrative Agent to search for information on such changes if such information is not provided by any Pledgor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Material
Intellectual Property</U>. All U.S. federally registered Trademarks, Patents and Copyrights constituting Material Intellectual
Property Collateral of the Pledgors as of the date hereof are listed in the schedules to the Trademark Security Agreement, Patent
Security Agreement and/or Copyright Security Agreement (in each case, if any) executed by the Pledgors and delivered to the Administrative
Agent on the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Due
Authorization and Issuance</U>. All of the Pledged Securities existing on the date hereof have been, and to the extent any Pledged
Securities are hereafter issued, such Pledged Securities will be, upon such issuance, duly authorized, validly issued and fully
paid and non-assessable to the extent applicable. Except for any capital contribution requirement, as of the date hereof, there
is no amount or other obligation owing by any Pledgor to any issuer of the Pledged Securities in exchange for or in connection
with the issuance of the Pledged Securities or any Pledgor&rsquo;s status as a partner or a member of any issuer of the Pledged
Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Consents,&nbsp;etc</U>.
In the event that the Administrative Agent desires to exercise any remedies, voting or consensual rights or attorney-in-fact powers
set forth in this Agreement and determines it necessary to obtain any approvals or consents of any Governmental Authority or any
other person therefor, then, upon the reasonable request of the Administrative Agent after the occurrence and during the continuation
of an Event of Default, such Pledgor agrees to use its reasonable best efforts to assist and aid the Administrative Agent to obtain
as soon as practicable any necessary approvals or consents for the exercise of any such remedies, rights and powers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Pledged
Collateral</U>. All information set forth herein and all information contained in any schedules to the Perfection Certificate
in connection with this Agreement, in each case, relating to the Pledged Collateral, is accurate and complete in all material
respects as of the date hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;4.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Insurance</U>.
In the event that the proceeds of any insurance claim are paid to any Pledgor after the Administrative Agent has exercised its
right to foreclose during the continuance of an Event of Default, such proceeds shall be held in trust for the benefit of the
Administrative Agent and immediately after receipt thereof shall be paid to the Administrative Agent for application in accordance
with the Credit 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: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;V.</FONT></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"><FONT STYLE="text-transform: uppercase">CERTAIN
PROVISIONS CONCERNING SECURITIES COLLATERAL</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Pledge
of Additional Securities Collateral</U>. Each Pledgor shall, upon obtaining any Pledged Securities of any person, with a fair
market value in excess of $1,000,000 individually or $2,000,000 in the aggregate for all Pledgors, accept the same in trust for
the benefit of the Administrative Agent and simultaneously with the delivery of its financial statements to the Administrative
Agent pursuant to Sections 5.01(a)&nbsp;and (b)&nbsp;of the Credit Agreement for the period in which such Pledged Securities were
acquired, deliver to the Administrative Agent a pledge amendment, duly executed by such Pledgor, in substantially the form of
<U>Exhibit&nbsp;2</U> hereto (each, a &ldquo;<U>Pledge Amendment</U>&rdquo;), and the certificates and other documents required
under <U>Section&nbsp;3.1</U> and <U>Section&nbsp;3.2</U> hereof in respect of the additional Pledged Securities which are to
be pledged pursuant to this Agreement, which Pledge Amendment, certificates and other documents shall confirm the attachment of
the Lien hereby created on and in respect of such additional Pledged Securities. Each Pledgor hereby authorizes the Administrative
Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities listed on any Pledge Amendment
delivered to the Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Voting
Rights; Distributions; etc</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;So
long as no Event of Default shall have occurred and be continuing and the Administrative Agent has not given prior notice to the
applicable Pledgor revoking such rights:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Securities Collateral or
any part thereof for any purpose not inconsistent with the terms or purposes hereof, the Credit Agreement or any other document
evidencing the Secured Obligations; <U>provided</U>, <U>however,</U> that no Pledgor shall in any event exercise such rights in
any manner that violates the Credit Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Pledgor shall be entitled to receive and retain, and to utilize free and clear of the Lien hereof, any and all Distributions,
but only if and to the extent made in accordance with the provisions of the Credit Agreement; <U>provided</U>, <U>however,</U>
that any and all such Distributions consisting of rights or interests in the form of securities shall be forthwith delivered to
the Administrative Agent to hold as Pledged Collateral and shall, if received by any Pledgor, be received in trust for the benefit
of the Administrative Agent, be segregated from the other property or funds of such Pledgor and be delivered (simultaneously with
the delivery of its financial statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the Credit
Agreement) to the Administrative Agent as Pledged Collateral in the same form as so received (with any necessary endorsement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;So
long as no Event of Default shall have occurred and be continuing and the Administrative Agent has not given prior notice to the
applicable Pledgor, the Administrative Agent shall be deemed without further action or formality to have granted to each Pledgor
all necessary consents relating to voting rights and shall, if necessary, upon written request of any Pledgor and at the sole
cost and expense of the Pledgors, from time to time execute and deliver (or cause to be executed and delivered) to such Pledgor
all such instruments as such Pledgor may reasonably request in order to permit such Pledgor to exercise the voting and other rights
which it is entitled to exercise pursuant to <U>Section&nbsp;5.2(a)(i)</U>&nbsp;hereof and to receive the Distributions which
it is authorized to receive and retain pursuant to <U>Section&nbsp;5.2(a)(ii)</U>&nbsp;hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
the occurrence and during the continuance of any Event of Default and after the Administrative Agent has given prior notice to
the applicable Pledgor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
rights of each Pledgor to exercise the voting and other consensual rights it would otherwise be entitled to exercise pursuant
to <U>Section&nbsp;5.2(a)(i)</U>&nbsp;hereof shall immediately cease, and all such rights shall thereupon become vested in the
Administrative Agent, which shall thereupon have the sole right to exercise such voting and other consensual rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
rights of each Pledgor to receive Distributions which it would otherwise be authorized to receive and retain pursuant to <U>Section&nbsp;5.2(a)(ii)</U>&nbsp;hereof
shall immediately cease and all such rights shall thereupon become vested in the Administrative Agent, which shall thereupon have
the sole right to receive and hold as Pledged Collateral such Distributions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
the foregoing, each Pledgor shall be entitled to retain any tax Distributions permitted to be made pursuant to the terms of the
Credit 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: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
the occurrence and during the continuance of any Event of Default after the Administrative Agent has given prior notice to the
applicable Pledgor, each Pledgor shall, at its sole cost and expense, from time to time, execute and deliver to the Administrative
Agent appropriate instruments as the Administrative Agent may reasonably request in order to permit the Administrative Agent to
exercise the voting and other rights which it may be entitled to exercise pursuant to <U>Section&nbsp;5.2(a)(i)</U>&nbsp;hereof
and to receive all Distributions which it may be entitled to receive under <U>Section&nbsp;5.2(a)(ii)</U>&nbsp;hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
Distributions which are received by any Pledgor contrary to the provisions of <U>Section&nbsp;5.2(a)(ii)</U>&nbsp;(subject to
<U>clause (iii)</U>&nbsp;thereof) hereof shall be received in trust for the benefit of the Administrative Agent, shall be segregated
from other funds of such Pledgor and shall immediately be paid over to the Administrative Agent as Pledged Collateral in the same
form as so received (with any necessary endorsement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Defaults,&nbsp;etc</U>.
Such Pledgor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made
under any agreement to which such Pledgor is a party relating to the Pledged Securities pledged by it, and such Pledgor is not
in material violation of any other provision of any such agreement to which such Pledgor is party, or otherwise in default or
violation thereunder in any material respect. As of the date hereof, no Securities Collateral pledged by such Pledgor is subject
to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Pledgor by any person
with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than
the Organization Documents and certificates representing such Pledged Securities that have been delivered to the Administrative
Agent, to the extent requested) which evidence any Pledged Securities of such Pledgor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Certain
Agreements of Pledgors as Issuers and Holders of Equity Interests</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the case of each Pledgor which is an issuer of Securities Collateral, such Pledgor agrees to be bound by the terms of this Agreement
relating to the Securities Collateral issued by it and will comply with such terms insofar as such terms are applicable to it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the case of each Pledgor which is a partner, shareholder or member, as the case may be, in a partnership, limited liability company
or other entity, such Pledgor hereby consents to the extent required by the applicable Organization Document to the pledge by
each other Pledgor, pursuant to the terms hereof, of the Pledged Securities in such partnership, limited liability company or
other entity and, upon the occurrence and during the continuance of an Event of Default and after the Administrative Agent has
given prior notice to the applicable Pledgor, to the transfer of such Pledged Securities to the Administrative Agent or its nominee
and to the substitution of the Administrative Agent or its nominee as a substituted partner, shareholder or member in such partnership,
limited liability company or other entity with all the rights, powers and duties of a general partner, limited partner, shareholder
or member, as the case may be.</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"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;VI.</FONT></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"><FONT STYLE="text-transform: uppercase">CERTAIN
PROVISIONS CONCERNING INTELLECTUAL<BR>
PROPERTY COLLATERAL</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Grant
of Intellectual Property License</U>. For the purpose of enabling the Administrative Agent, during the continuance of an Event
of Default, to exercise rights and remedies under <U>Article&nbsp;IX</U> hereof at such time as the Administrative Agent shall
be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Pledgor hereby grants to the Administrative
Agent, <FONT STYLE="color: red"><STRIKE>to the extent assignable,</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>a
</U></FONT>non-exclusive license to use, assign <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(to the extent assignable)</U></FONT>,
license or sublicense any of the Intellectual Property Collateral now owned or hereafter acquired by such Pledgor, wherever the
same may be located, provided, however, that in the event the Administrative Agent exercises <U>Article&nbsp;IX</U> remedies against
any Trademark the following shall apply: (i)&nbsp;any assignment or transfer of a Trademark shall only be in connection with the
related assignment of the goodwill inured to such Trademark and of the goods and services associated with such Trademark, and
no Trademark may be assigned apart from such goodwill and goods and services; and (ii)&nbsp;any license or sublicense of a Trademark
shall only permit use by the licensee which is of a nature and quality that is consistent with the nature and quality of the historic
use of such Trademark and subject to a written license agreement entered into by Pledgor governing the nature and use of Trademarks
and protecting the goodwill and reputation of the Trademarks. Such license shall include access to all media in which any of the
licensed items may be recorded or stored and to all computer programs used for the compilation or printout hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Protection
of Administrative Agent&rsquo;s Security</U>. On a continuing basis, each Pledgor shall, at its sole cost and expense, (i)&nbsp;simultaneously
with the delivery of its financial statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the
Credit Agreement, notify the Administrative Agent of any adverse determination in any proceeding or the institution of any proceeding
in any federal, state or local court or administrative body or in the United States Patent and Trademark Office or the United
States Copyright Office regarding any Material Intellectual Property Collateral, regarding such Pledgor&rsquo;s right to register
such Material Intellectual Property Collateral or its right to keep and maintain such registration in full force and effect, (ii)&nbsp;maintain
all Material Intellectual Property Collateral as presently used and operated, except as shall be consistent with commercially
reasonable business judgment, (iii)&nbsp;not permit to lapse or become abandoned any Material Intellectual Property Collateral,
and not settle or compromise any pending or future litigation or administrative proceeding with respect to any such Material Intellectual
Property Collateral, in either case except as shall be consistent with commercially reasonable business judgment, (iv)&nbsp;simultaneously
with the delivery of its financial statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the
Credit Agreement, notify the Administrative Agent in writing of any event which may be reasonably expected to materially and adversely
affect the value or utility of any Material Intellectual Property Collateral or the rights and remedies of the Administrative
Agent in relation thereto including a levy or threat of levy or any legal process against any Material Intellectual Property Collateral,
(v)&nbsp;not license any Intellectual Property Collateral other than licenses entered into by such Pledgor in, or incidental to,
the ordinary course of business, or amend or permit the amendment of any of the licenses in any manner that would materially impair
the Lien on and security interest in the Intellectual Property Collateral created therein hereby, without the consent of the Administrative
Agent, in each case of clauses (ii)&nbsp;through (iv), except as permitted by the Credit Agreement and (vi)&nbsp;keep adequate
records respecting all Intellectual Property Collateral consistent with past business practice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>After-Acquired
Property</U>. If any Pledgor shall at any time after the date hereof (i)&nbsp;obtain any rights to any additional Intellectual
Property Collateral or (ii)&nbsp;become entitled to the benefit of any additional Intellectual Property Collateral or any renewal
or extension thereof, including any reissue, division, continuation, or continuation-in-part of any Intellectual Property Collateral,
or any improvement on any Intellectual Property Collateral, the provisions hereof shall automatically apply thereto and any such
item enumerated (other than Excluded Assets) shall automatically constitute Intellectual Property Collateral as if such would
have constituted Intellectual Property Collateral at the time of execution hereof and be subject to the Lien and security interest
created by this Agreement without further action by any party. Each Pledgor shall, simultaneously with the delivery of its financial
statements to the Administrative Agent pursuant to Sections 5.01(a)&nbsp;or (b)&nbsp;of the Credit Agreement for the period in
which such registration occurred, provide to the Administrative Agent written notice of any newly acquired, registered or applied
for Copyrights, Trademarks or Patents and confirm the attachment of the Lien and security interest created by this Agreement to
any rights described in clauses (i)&nbsp;and (ii)&nbsp;above by execution of an instrument in form reasonably acceptable to the
Administrative Agent and the filing of any instruments or statements as shall be reasonably necessary to create, preserve, protect
or perfect the Administrative Agent&rsquo;s security interest in such Intellectual Property Collateral (other than non-US Intellectual
Property).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Litigation</U>.
Unless there shall occur and be continuing any Event of Default, each Pledgor shall have the right to commence and prosecute in
its own name, as the party in interest, for its own benefit and at the sole cost and expense of the Pledgors, such applications
for protection of the Intellectual Property Collateral and suits, proceedings or other actions to prevent the infringement, counterfeiting,
unfair competition, dilution, diminution in value or other damage as are necessary to protect the Intellectual Property Collateral.
Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent shall have the right but shall
in no way be obligated to file applications for protection of the Intellectual Property Collateral and/or bring suit in the name
of any Pledgor, the Administrative Agent or the Secured Parties to enforce the Intellectual Property Collateral and any license
thereunder. In the event of such suit, each Pledgor shall, at the reasonable request of the Administrative Agent, do any and all
lawful acts and execute any and all documents requested by the Administrative Agent in aid of such enforcement and the Pledgors
shall promptly reimburse and indemnify the Administrative Agent for all costs and expenses incurred by the Administrative Agent
in the exercise of its rights under this <U>Section&nbsp;6.4</U> in accordance with <U>Section&nbsp;9.03</U> of the Credit Agreement.
In the event that the Administrative Agent shall elect not to bring suit to enforce the Intellectual Property Collateral, each
Pledgor agrees, at the reasonable request of the Administrative Agent, to take all commercially reasonable actions, whether by
suit, proceeding or other action, to prevent the infringement, counterfeiting, unfair competition, dilution, diminution in value
of or other damage to any of the Intellectual Property Collateral by any person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;VII.</FONT></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"><FONT STYLE="text-transform: uppercase">CERTAIN
PROVISIONS CONCERNING RECEIVABLES</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Maintenance
of Records</U>. Each Pledgor shall keep correct and accurate records of the Receivables, taken as a whole. Each Pledgor shall,
at such Pledgor&rsquo;s sole cost and expense, upon the Administrative Agent&rsquo;s demand made at any time after the occurrence
and during the continuance of any Event of Default, deliver all tangible evidence of Receivables, including all documents evidencing
Receivables and any books and records relating thereto to the Administrative Agent or to its representatives (copies of which
evidence and books and records may be retained by such Pledgor). Upon the occurrence and during the continuance of any Event of
Default, the Administrative Agent may transfer a full and complete copy of any Pledgor&rsquo;s books, records, credit information,
reports, memoranda and all other writings relating to the Receivables to and for the use by any person that has acquired or is
contemplating acquisition of an interest in the Receivables or the Administrative Agent&rsquo;s security interest therein without
the consent of any Pledgor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Modification
of Terms,&nbsp;etc</U>. During the continuance of an Event of Default and upon receipt of written notice from the Administrative
Agent revoking Pledgors&rsquo; rights under this <U>Section&nbsp;7.2</U>, no Pledgor shall rescind or cancel any obligations evidenced
by any Receivable or modify any term thereof or make any adjustment with respect thereto except in the ordinary course of business,
or extend or renew any such obligations except in the ordinary course of business or compromise or settle any dispute, claim,
suit or legal proceeding relating thereto or sell any Receivable or interest therein except in the ordinary course of business
without the prior written consent of the Administrative Agent. Each Pledgor shall timely fulfill all obligations on its part to
be fulfilled under or in connection with the Receivables.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Collection</U>.
Except to the extent it could not reasonably be expected to have a Material Adverse Effect, each Pledgor shall cause to be collected
from the Account Debtor of each of the Receivables, as and when due in the ordinary course of business (including Receivables
that are delinquent, such Receivables to be collected in accordance with generally accepted commercial collection procedures),
any and all amounts owing under or on account of such Receivable, and apply forthwith upon receipt thereof all such amounts as
are so collected to the outstanding balance of such Receivable. For the avoidance of doubt, notwithstanding the foregoing, any
Pledgor may, with respect to a Receivable, allow in the ordinary course of business (i)&nbsp;a refund or credit due as a result
of returned or damaged or defective merchandise and (ii)&nbsp;such extensions of time to pay amounts due in respect of Receivables
and such other modifications of payment terms or settlements in respect of Receivables as shall be commercially reasonable in
the circumstances, all in accordance with such Pledgor&rsquo;s ordinary course of business consistent with its collection practices
as in effect from time to time. The costs and expenses (including attorneys&rsquo; fees) of collection, in any case, whether incurred
by any Pledgor, the Administrative Agent or any Secured Party, shall be paid by the Pledgors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;VIII.</FONT></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"><FONT STYLE="text-transform: uppercase">[RESERVED]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;IX.</FONT></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"><FONT STYLE="text-transform: uppercase">REMEDIES</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;9.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Remedies</U>.
Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent may from time to time exercise
in respect of the Pledged Collateral, in addition to the other rights and remedies provided for herein or otherwise available
to it, the following remedies:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Personally,
or by agents or attorneys, immediately take possession of the Pledged Collateral or any part thereof, from any Pledgor or any
other person who then has possession of any part thereof with or without notice or process of law, and for that purpose may enter
upon any Pledgor&rsquo;s premises where any of the Pledged Collateral is located, remove such Pledged Collateral, remain present
at such premises to receive copies of all communications and remittances relating to the Pledged Collateral and use in connection
with such removal and possession any and all services, supplies, aids and other facilities of any Pledgor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Demand,
sue for, collect or receive any money or property at any time payable or receivable in respect of the Pledged Collateral including
instructing the obligor or obligors on any agreement, instrument or other obligation constituting part of the Pledged Collateral
to make any payment required by the terms of such agreement, instrument or other obligation directly to the Administrative Agent,
and in connection with any of the foregoing, compromise, settle, extend the time for payment and make other modifications with
respect thereto; <U>provided</U>, <U>however,</U> that in the event that any such payments are made directly to any Pledgor, prior
to receipt by any such obligor of such instruction, such Pledgor shall segregate all amounts received pursuant thereto in trust
for the benefit of the Administrative Agent and shall promptly (but in no event later than three (3)&nbsp;Business Days after
receipt thereof) pay such amounts to the Administrative Agent;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sell,
assign, grant a license to use or otherwise liquidate, or direct any Pledgor to sell, assign, grant a license to use or otherwise
liquidate, any and all investments made in whole or in part with the Pledged Collateral or any part thereof, and take possession
of the proceeds of any such sale, assignment, license or liquidation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Take
possession of the Pledged Collateral or any part thereof, by directing any Pledgor in writing to deliver the same to the Administrative
Agent at any place or places so designated by the Administrative Agent, in which event such Pledgor shall at its own expense:
(A)&nbsp;forthwith cause the same to be moved to the place or places designated by the Administrative Agent and therewith delivered
to the Administrative Agent, (B)&nbsp;store and keep any Pledged Collateral so delivered to the Administrative Agent at such place
or places pending further action by the Administrative Agent and (C)&nbsp;while the Pledged Collateral shall be so stored and
kept, provide such security and maintenance services as shall be necessary to protect the same and to preserve and maintain them
in good condition. Each Pledgor&rsquo;s obligation to deliver the Pledged Collateral as contemplated in this <U>Section&nbsp;9.1(iv)</U>&nbsp;is
of the essence hereof. Upon application to a court of equity having jurisdiction, the Administrative Agent shall be entitled to
a decree requiring specific performance by any Pledgor of such obligation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Split-Segment; Name: 3 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Withdraw
all moneys, instruments, securities and other property in any bank, financial securities, deposit or other account of any Pledgor
constituting Pledged Collateral for application to the Secured Obligations as provided in <U>Article&nbsp;X</U> hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retain
and apply the Distributions (other than tax Distributions permitted to be made pursuant to the terms of the Credit Agreement)
to the Secured Obligations as provided in <U>Article&nbsp;X</U> hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exercise
any and all rights as beneficial and legal owner of the Pledged Collateral, including perfecting assignment of and exercising
any and all voting, consensual and other rights and powers with respect to any Pledged Collateral; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exercise
all the rights and remedies of a secured party on default under the UCC, and the Administrative Agent may also in its sole discretion,
without notice except as specified in <U>Section&nbsp;9.2</U> hereof or otherwise required by applicable law (unless such requirement
shall have been validly waived), sell, assign or grant a license to use the Pledged Collateral or any part thereof in one or more
parcels at public or private sale, at any exchange, broker&rsquo;s board or at any of the Administrative Agent&rsquo;s offices
or elsewhere, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Administrative
Agent may deem commercially reasonable. The Administrative Agent or any other Secured Party or any of their respective Affiliates
may be the purchaser, licensee, assignee or recipient of the Pledged Collateral or any part thereof at any such sale and shall
be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Pledged
Collateral sold, assigned or licensed at such sale, to use and apply any of the Secured Obligations owed to such person as a credit
on account of the purchase price of the Pledged Collateral or any part thereof payable by such person at such sale. Each purchaser,
assignee, licensee or recipient at any such sale shall acquire the property sold, assigned or licensed absolutely free from any
claim or right on the part of any Pledgor, and each Pledgor hereby waives, to the fullest extent permitted by law, all rights
of redemption, stay and/or appraisal which it now has or may at any time in the future have under any rule&nbsp;of law or statute
now existing or hereafter enacted. The Administrative Agent shall not be obligated to make any sale of the Pledged Collateral
or any part thereof regardless of notice of sale having been given. The Administrative Agent may adjourn any public or private
sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made
at the time and place to which it was so adjourned. Each Pledgor hereby waives, to the fullest extent permitted by law, any claims
against the Administrative Agent arising by reason of the fact that the price at which the Pledged Collateral or any part thereof
may have been sold, assigned or licensed at such a private sale was less than the price which might have been obtained at a public
sale, even if the Administrative Agent accepts the first offer received and does not offer such Pledged Collateral to more than
one offeree.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;9.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notice
of Sale</U>. Each Pledgor acknowledges and agrees that, to the extent notice of sale or other disposition of the Pledged Collateral
or any part thereof shall be required by law, ten (10)&nbsp;days&rsquo; prior notice to such Pledgor of the time and place of
any public sale or of the time after which any private sale or other intended disposition is to take place shall be commercially
reasonable notification of such matters. No notification need be given to any Pledgor if it has signed, after the occurrence and
during the continuation of an Event of Default, a statement renouncing or modifying any right to notification of sale or other
intended disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;9.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Waiver
of Notice and Claims</U>. Each Pledgor hereby waives, to the fullest extent permitted by applicable law, notice or judicial hearing
in connection with the Administrative Agent&rsquo;s taking possession or the Administrative Agent&rsquo;s disposition of the Pledged
Collateral or any part thereof, including any and all prior notice and hearing for any prejudgment remedy or remedies and any
such right which such Pledgor would otherwise have under law, and each Pledgor hereby further waives, to the fullest extent permitted
by applicable law: (i)&nbsp;all damages occasioned by such taking of possession, (ii)&nbsp;all other requirements as to the time,
place and terms of sale or other requirements with respect to the enforcement of the Administrative Agent&rsquo;s rights hereunder
and (iii)&nbsp;all rights of redemption, appraisal, valuation, stay, extension or moratorium now or hereafter in force under any
applicable law. The Administrative Agent shall not be liable for any incorrect or improper payment made pursuant to this <U>Article&nbsp;IX
</U>in the absence of gross negligence or willful misconduct on the part of the Administrative Agent. Any sale of, or the grant
of options to purchase, or any other realization upon, any Pledged Collateral shall operate to divest all right, title, interest,
claim and demand, either at law or in equity, of the applicable Pledgor therein and thereto, and shall be a perpetual bar both
at law and in equity against such Pledgor and against any and all persons claiming or attempting to claim the Pledged Collateral
so sold, optioned or realized upon, or any part thereof, from, through or under such Pledgor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;9.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Certain
Sales of Pledged Collateral</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Pledgor recognizes that, by reason of certain prohibitions contained in law, rules, regulations or orders of any Governmental
Authority, the Administrative Agent may be compelled, with respect to any sale of all or any part of the Pledged Collateral, to
limit purchasers to those who meet the requirements of such Governmental Authority. Each Pledgor acknowledges that any such sales
may be at prices and on terms less favorable to the Administrative Agent than those obtainable through a public sale without such
restrictions, and, notwithstanding such circumstances, agrees that any such restricted sale shall be deemed to have been made
in a commercially reasonable manner and that, except as may be required by applicable law, the Administrative Agent shall have
no obligation to engage in public sales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Pledgor recognizes that, by reason of certain prohibitions contained in the Securities Act, and
applicable state securities laws, the Administrative Agent may be compelled, with respect to any sale of all or any part of
the Securities Collateral and Investment Property, to limit purchasers to persons who will agree, among other things, to
acquire such Securities Collateral or Investment Property for their own account, for investment and not with a view to the
distribution or resale thereof. Each Pledgor acknowledges that any such private sales may be at prices and on terms less
favorable to the Administrative Agent than those obtainable through a public sale without such restrictions (including a
public offering made pursuant to a registration statement under the Securities Act), and, notwithstanding such circumstances,
agrees that any such private sale shall be deemed to have been made in a commercially reasonable manner and that the
Administrative Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Securities
Collateral or Investment Property for the period of time necessary to permit the issuer thereof to register it for a form of
public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer
would agree to do so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the Administrative Agent determines to exercise its right to sell any or all of the Securities Collateral or Investment Property,
upon written request, the applicable Pledgor shall from time to time furnish to the Administrative Agent all such information
as the Administrative Agent may request in order to determine the number of securities included in the Securities Collateral or
Investment Property which may be sold by the Administrative Agent as exempt transactions under the Securities Act and the rules&nbsp;of
the SEC thereunder, as the same are from time to time in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Pledgor further agrees that a breach of any of the covenants contained in this <U>Section&nbsp;9.4</U> will cause irreparable
injury to the Administrative Agent and the other Secured Parties, that the Administrative Agent and the other Secured Parties
have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant contained in this
<U>Section&nbsp;9.4</U> shall be specifically enforceable against such Pledgor, and such Pledgor hereby waives and agrees not
to assert any defenses against an action for specific performance of such covenants except for a defense that no Event of Default
has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;9.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Waiver; Cumulative Remedies</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
failure on the part of the Administrative Agent to exercise, no course of dealing with respect to, and no delay on the part of
the Administrative Agent in exercising, any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any
single or partial exercise of any such right, power, privilege or remedy hereunder preclude any other or further exercise thereof
or the exercise of any other right, power, privilege or remedy; nor shall the Administrative Agent be required to look first to,
enforce or exhaust any other security, collateral or guaranties. All rights and remedies herein provided are cumulative and are
not exclusive of any rights or remedies provided by law or otherwise available.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event that the Administrative Agent shall have instituted any proceeding to enforce any right, power, privilege or remedy
under this Agreement or any other Loan Document by foreclosure, sale, entry or otherwise, and such proceeding shall have been
discontinued or abandoned for any reason or shall have been determined adversely to the Administrative Agent, then and in every
such case, the Pledgors, the Administrative Agent and each other Secured Party shall be restored to their respective former positions
and rights hereunder with respect to the Pledged Collateral, and all rights, remedies, privileges and powers of the Administrative
Agent and the other Secured Parties shall continue as if no such proceeding had been instituted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;9.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Certain
Additional Actions Regarding Intellectual Property</U>. If any Event of Default shall have occurred and be continuing, upon the
written demand of the Administrative Agent, each Pledgor shall execute and deliver to the Administrative Agent an assignment or
assignments of the registered Patents, Trademarks and/or Copyrights and Goodwill and such other documents as are necessary or
appropriate to carry out the intent and purposes hereof. Within five (5)&nbsp;Business Days of written notice thereafter from
the Administrative Agent, each Pledgor shall make available to the Administrative Agent, to the extent within such Pledgor&rsquo;s
power and authority, such personnel in such Pledgor&rsquo;s employ on the date of the Event of Default as the Administrative Agent
may reasonably designate to permit such Pledgor to continue, directly or indirectly, to produce, advertise and sell the products
and services sold by such Pledgor under the registered Patents, Trademarks and/or Copyrights, and such persons shall be available
to perform their prior functions on the Administrative Agent&rsquo;s behalf.</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"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;X.</FONT></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"><FONT STYLE="text-transform: uppercase">APPLICATION
OF PROCEEDS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;10.1&nbsp;&nbsp;&nbsp;</FONT>&nbsp;&nbsp;&nbsp;<U>Application
of Proceeds</U>. The proceeds received by the Administrative Agent in respect of any sale of, collection from or other realization
upon all or any part of the Pledged Collateral pursuant to the exercise by the Administrative Agent of its remedies shall be applied,
together with any other sums then held by the Administrative Agent pursuant to this Agreement, in accordance with the Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"></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"><FONT STYLE="text-transform: uppercase">ARTICLE&nbsp;XI.</FONT></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"><FONT STYLE="text-transform: uppercase">MISCELLANEOUS</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: 1in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Concerning
Administrative Agent</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent has been appointed as Administrative Agent pursuant to the Credit Agreement. The actions of the Administrative
Agent hereunder are subject to the provisions of the Credit Agreement. The Administrative Agent shall have the right hereunder
to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain from taking action
(including the release or substitution of the Pledged Collateral), in accordance with this Agreement and the Credit Agreement.
The Administrative Agent may employ agents and attorneys-in-fact in connection herewith and shall not be liable for the negligence
or misconduct of any such agents or attorneys-in-fact selected by it in good faith. The Administrative Agent may resign and a
successor Administrative Agent may be appointed in the manner provided in the Credit Agreement. Upon the acceptance of any appointment
as the Administrative Agent by a successor Administrative Agent, that successor Administrative Agent shall thereupon succeed to
and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent under this Agreement,
and the retiring Administrative Agent shall thereupon be discharged from its duties and obligations under this Agreement. After
any retiring Administrative Agent&rsquo;s resignation, the provisions hereof shall inure to its benefit as to any actions taken
or omitted to be taken by it under this Agreement while it was the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall be deemed to have exercised reasonable care in the custody and preservation of the Pledged Collateral
in its possession if such Pledged Collateral is accorded treatment substantially equivalent to that which the Administrative Agent,
in its individual capacity, accords its own property consisting of similar instruments or interests, it being understood that
neither the Administrative Agent nor any of the Secured Parties shall have responsibility for (i)&nbsp;ascertaining or taking
action with respect to calls, conversions, exchanges, maturities, tenders or other matters relating to any Securities Collateral,
whether or not the Administrative Agent or any other Secured Party has or is deemed to have knowledge of such matters or (ii)&nbsp;taking
any necessary steps to preserve rights against any person with respect to any Pledged Collateral.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent shall be entitled to rely upon any written notice, statement, certificate, order or other document or any
telephone message believed by it to be genuine and correct and to have been signed, sent or made by the proper person, and, with
respect to all matters pertaining to this Agreement and its duties hereunder, upon advice of counsel selected by it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any item of Pledged Collateral also constitutes collateral granted to the Administrative Agent under any other deed of trust,
mortgage, security agreement, pledge or instrument of any type, in the event of any conflict between the provisions hereof and
the provisions of such other deed of trust, mortgage, security agreement, pledge or instrument of any type in respect of such
collateral, the Administrative Agent, in its sole discretion, shall select which provision or provisions shall control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Administrative
Agent May&nbsp;Perform; Administrative Agent Appointed Attorney-in-Fact</U>. If any Pledgor shall fail to perform any covenants
contained in this Agreement (including such Pledgor&rsquo;s covenants to (i)&nbsp;pay the premiums in respect of all required
insurance policies hereunder, (ii)&nbsp;pay and discharge any taxes, assessments and special assessments, levies, fees and governmental
charges imposed upon or assessed against, and landlords&rsquo;, carriers&rsquo;, mechanics&rsquo;, workmen&rsquo;s, repairmen&rsquo;s,
laborers&rsquo;, materialmen&rsquo;s, suppliers&rsquo; and warehousemen&rsquo;s Liens and other claims arising by operation of
law against, all or any portion of the Pledged Collateral, (iii)&nbsp;make repairs, (iv)&nbsp;discharge Liens or (v)&nbsp;pay
or perform any obligations of such Pledgor under any Pledged Collateral), the Administrative Agent may (but shall not be obligated
to) upon the occurrence and during the continuance of an Event of Default do the same or cause it to be done or remedy any such
breach, and may expend funds for such purpose; <U>provided</U>, <U>however</U>, that the Administrative Agent shall in no event
be bound to inquire into the validity of any tax, Lien, imposition or other obligation which such Pledgor fails to pay or perform
as and when required hereby and which such Pledgor does not contest in accordance with the provisions of the Credit Agreement.
Any and all amounts so expended by the Administrative Agent shall be paid by the Pledgors in accordance with the provisions of
<U>Section&nbsp;9.03</U> of the Credit Agreement. Neither the provisions of this <U>Section&nbsp;11.2</U> nor any action taken
by the Administrative Agent pursuant to the provisions of this <U>Section&nbsp;11.2</U> shall prevent any such failure to observe
any covenant contained in this Agreement nor any breach of representation or warranty from constituting an Event of Default. To
the fullest extent permitted by applicable law, each Pledgor hereby appoints the Administrative Agent its attorney-in-fact, with
full power and authority in the place and stead of such Pledgor and in the name of such Pledgor, or otherwise, from time to time
upon the occurrence and during the continuance of an Event of Default in the Administrative Agent&rsquo;s discretion to take any
action and to execute any instrument consistent with the terms of the Credit Agreement, this Agreement and the other Loan Documents
which the Administrative Agent may deem necessary or advisable to accomplish the purposes hereof (but the Administrative Agent
shall not be obligated to and shall have no liability to such Pledgor or any third party for failure to so do or take action).
The foregoing grant of authority is a power of attorney coupled with an interest and such appointment shall be irrevocable for
the term hereof. Each Pledgor hereby ratifies all that such attorney shall lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Continuing
Security Interest; Assignment</U>. This Agreement shall create a continuing security interest in the Pledged Collateral and shall
(i)&nbsp;be binding upon the Pledgors, their respective successors and assigns and (ii)&nbsp;inure, together with the rights and
remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and the other Secured Parties and each
of their respective successors, transferees and assigns. No other persons (including any other creditor of any Pledgor) shall
have any interest herein or any right or benefit with respect hereto. Without limiting the generality of the foregoing clause
(ii), any Secured Party may assign or otherwise transfer any indebtedness held by it secured by this Agreement to any other person,
and such other person shall thereupon become vested with all the benefits in respect thereof granted to such Secured Party, herein
or otherwise, subject however, to the provisions of the Credit Agreement and, in the case of a Secured Party that is a party to
a Swap Agreement or agreement evidencing the provision of <FONT STYLE="color: red"><STRIKE>Bank</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Banking
</U></FONT>Services, such Swap Agreement or agreement evidencing the provision of <FONT STYLE="color: red"><STRIKE>Bank</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Banking
</U></FONT>Services, as applicable. Each of the Pledgors agrees that its obligations hereunder and the security interest created
hereunder shall continue to be effective or be reinstated, as applicable, if at any time payment, or any part thereof, of all
or any part of the Secured Obligations is rescinded or must otherwise be restored by the Secured Party upon the bankruptcy or
reorganization of any Pledgor or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1.25in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Termination;
Release</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;When
all the Secured Obligations (other than (i)&nbsp;contingent indemnification obligations and (ii)&nbsp;obligations and liabilities
under Swap Agreements and agreement evidencing the provision of <FONT STYLE="color: red"><STRIKE>Bank</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Banking
</U></FONT>Services not then due and payable) have been paid in full and the Commitments of the Lenders to make any Loan or to
issue any Letter of Credit under the Credit Agreement shall have expired or been sooner terminated and all Letters of Credit have
expired or have been terminated or cash collateralized or with respect to which other arrangements reasonably satisfactory to
the Administrative Agent and the Issuing Bank shall have been made in accordance with the provisions of the Credit Agreement,
this Agreement shall terminate. Upon termination of this Agreement the Pledged Collateral shall be automatically released from
the Lien of this Agreement. Upon such release or any release of Pledged Collateral or any part thereof in accordance with the
provisions of the Credit Agreement, the Administrative Agent shall, upon the request and at the sole cost and expense of the Pledgors,
assign, transfer and deliver to Pledgor, against receipt and without recourse to or warranty by the Administrative Agent except
as to the fact that the Administrative Agent has not encumbered the released assets, such of the Pledged Collateral or any part
thereof to be released (in the case of a release) as may be in possession of the Administrative Agent and as shall not have been
sold or otherwise applied pursuant to the terms hereof, and, with respect to any other Pledged Collateral, proper documents and
instruments (including UCC-3 termination financing statements or releases) acknowledging the termination hereof or the release
of such Pledged Collateral, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any of the Pledged Collateral shall be sold (other than to another Pledgor), transferred (other than to another Pledgor) or otherwise
disposed of by any Pledgor in a transaction permitted by the Credit Agreement, then the Collateral sold, transferred or otherwise
disposed shall be automatically released from the Liens created hereby and the Administrative Agent, at the request and sole expense
of such Pledgor, shall execute and deliver to such Pledgor all releases or other documents reasonably necessary or desirable to
evidence such release; provided that the Administrative Agent shall have received all reasonably requested documentation and certifications
with respect thereto. A Loan Guarantor shall be automatically released from its obligations hereunder and the security interest
in the Collateral of such Loan Guarantor shall be automatically released in the event that all the Equity Interests of such Loan
Guarantor shall be sold (other than to another Pledgor), transferred (other than to another Pledgor) or otherwise disposed of
in a transaction permitted by the Credit Agreement and the Administrative Agent, at the request and sole expense of such Pledgor,
shall execute and deliver to such Pledgor all releases or other documents reasonably necessary or desirable to evidence such release;
provided that the Administrative Agent shall have received all reasonably requested documentation and certifications with respect
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.5&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Modification
in Writing</U>. No amendment, modification, supplement, termination or waiver of or to any provision hereof, nor consent to any
departure by any Pledgor therefrom, shall be effective unless the same shall be made in accordance with the terms of the Credit
Agreement and unless in writing and signed by the U.S. Borrower and the Administrative Agent. Any amendment, modification or supplement
of or to any provision hereof, any waiver of any provision hereof and any consent to any departure by any Pledgor from the terms
of any provision hereof in each case shall be effective only in the specific instance and for the specific purpose for which made
or given. Except where notice is specifically required by this Agreement or any other document evidencing the Secured Obligations,
no notice to or demand on any Pledgor in any case shall entitle any Pledgor to any other or further notice or demand in similar
or other circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Notices</U>.
Unless otherwise provided herein or in the Credit Agreement, any notice or other communication herein required or permitted to
be given shall be given in the manner and become effective as set forth in the Credit Agreement, as to any Pledgor, addressed
to it at the address of the U.S. Borrower set forth in the Credit Agreement and as to the Administrative Agent, addressed to it
at the address set forth in the Credit Agreement, or in each case at such other address as shall be designated by such party in
a written notice to the other party complying as to delivery with the terms of this <U>Section&nbsp;11.6.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Governing
Law, Consent to Jurisdiction and Service of Process; Waiver of Jury Trial</U>. Sections 9.09 and 9.10 of the Credit Agreement
are incorporated herein, <I>mutatis mutandis</I>, as if a part hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Severability
of Provisions</U>. Any provision hereof which is invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction,
be ineffective to the extent of such invalidity, illegality or unenforceability without invalidating the remaining provisions
hereof or affecting the validity, legality or enforceability of such provision in any other jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Execution
in Counterparts</U>. This Agreement and any amendments, waivers, consents or supplements hereto may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be
deemed to be an original, but all such counterparts together shall constitute one and the same agreement. Delivery of any executed
counterpart of a signature page&nbsp;of this Agreement by facsimile or other electronic transmission shall be effective as delivery
of a manually executed counterpart of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.10&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Business
Days</U>. In the event any time period or any date provided in this Agreement ends or falls on a day other than a Business Day,
then such time period shall be deemed to end and such date shall be deemed to fall on the next succeeding Business Day, and performance
herein may be made on such Business Day, with the same force and effect as if made on such other day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Credit for Payment of Taxes or Imposition</U>. Such Pledgor shall not be entitled to any credit against the principal, premium,
if any, or interest payable under the Credit Agreement, and such Pledgor shall not be entitled to any credit against any other
sums which may become payable under the terms thereof or hereof, by reason of the payment of any Tax on the Pledged Collateral
or any part thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.12&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>No
Claims Against Administrative Agent</U>. Nothing contained in this Agreement shall constitute any consent or request by the Administrative
Agent, express or implied, for the performance of any labor or services or the furnishing of any materials or other property in
respect of the Pledged Collateral or any part thereof, nor as giving any Pledgor any right, power or authority to contract for
or permit the performance of any labor or services or the furnishing of any materials or other property in such fashion as would
permit the making of any claim against the Administrative Agent in respect thereof or any claim that any Lien based on the performance
of such labor or services or the furnishing of any such materials or other property is prior to the Lien hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.13&nbsp;&nbsp;</FONT><U>No
Release</U>. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any
of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement
on such Pledgor&rsquo;s part to be performed or observed under or in respect of any of the Pledged Collateral or from any liability
to any person under or in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Agent
or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor&rsquo;s part
to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act
or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such
Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Pledged Collateral
or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent
nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included
in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated
to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract,
agreement or other document included in the Pledged Collateral hereunder. The obligations of each Pledgor contained in this <U>Section&nbsp;11.13
</U>shall survive the termination hereof and the discharge of such Pledgor&rsquo;s other obligations under this Agreement, the
Credit Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0in; text-align: justify; text-indent: 1.75in"><FONT STYLE="text-transform: uppercase">SECTION&nbsp;11.14&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Obligations
Absolute</U>. All obligations of each Pledgor hereunder shall be absolute and unconditional irrespective of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like of any other Pledgor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
lack of validity or enforceability of the Credit Agreement, any Swap Agreement, any contract governing Banking Services or any
other Loan Document, or any other agreement or instrument relating thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
change in the time, manner or place of payment of, or in any other term of, all or any of the Secured Obligations, or any other
amendment or waiver of or any consent to any departure from the Credit Agreement, any Swap Agreement, any contract governing Banking
Services or any other Loan Document or any other agreement or instrument relating thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
pledge, exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to any
departure from any guarantee, for all or any of the Secured Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
exercise, non-exercise or waiver of any right, remedy, power or privilege under or in respect hereof, the Credit Agreement, any
Swap Agreement or any other Loan Document except as specifically set forth in a waiver granted pursuant to the provisions of <U>Section&nbsp;11.5
</U>hereof; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other circumstances which might otherwise constitute a defense available to, or a discharge of, any Pledgor.</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">[<FONT STYLE="color: red"><STRIKE>REMAINDER
OF THIS PAGE INTENTIONALLY LEFT BLANK.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Signature Pages&nbsp;Removed</U></FONT>]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>IN
WITNESS WHEREOF, each Pledgor and the Administrative Agent have caused this Agreement to be duly executed and delivered by their
duly authorized officers as of the date first above written.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<FONT STYLE="color: red"><STRIKE>U. S. BORROWER</STRIKE></FONT></FONT></TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>:SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC.</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD></TD>
    <TD></TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 45%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>GUARANTORS:</STRIKE></FONT></TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>SWM LUXEMBOURG</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title: type ____ manager</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title: type ____ manager</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>DELSTAR TECHNOLOGIES,&nbsp;INC.</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&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 STYLE="width: 50%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 3%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>U.S. NETTING,&nbsp;INC.</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>CORETEC TUBING,&nbsp;INC.</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: red"><FONT STYLE="font-variant: small-caps"><STRIKE>Pledge
and Security Agreement</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: red"><FONT STYLE="font-variant: small-caps">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: red"><FONT STYLE="font-variant: small-caps"><STRIKE></STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>ARGOTEC LLC</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>DELSTAR AIR,&nbsp;INC.</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>DELSTAR ELECTROSTATIC,&nbsp;INC.</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>SWM ARGOTEC LLC</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>CONWED PLASTICS LLC</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>CONWED PLASTICS ACQUISITIONS CO. V LLC</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: red"><FONT STYLE="font-variant: small-caps"><STRIKE>Pledge
and Security Agreement</STRIKE></FONT></P>
<P STYLE="margin: 0">&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="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>SWM HOLDCO GP, LLC</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>SWM LUXEMBOURG SERVICES, LLC</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: red"><FONT STYLE="font-variant: small-caps"><STRIKE>Pledge
and Security Agreement</STRIKE></FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>JPMORGAN CHASE BANK, N.A., as Administrative Agent</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Name:</STRIKE></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Title:</STRIKE></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: red"><FONT STYLE="font-variant: small-caps"><STRIKE>Pledge
and Security Agreement</STRIKE></FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT&nbsp;1</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&nbsp;of]</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">ISSUER&rsquo;S ACKNOWLEDGMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">The undersigned hereby
(i)&nbsp;acknowledges receipt of the Pledge and Security Agreement (as amended, amended and restated, supplemented or otherwise
modified from time to time, the &ldquo;<U>Security Agreement</U>&rdquo;; capitalized terms used but not otherwise defined herein
shall have the meanings assigned to such terms in the Security Agreement), dated as of September&nbsp;25, 2018, made by and among
SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC., a Delaware corporation (the &ldquo;<U>U.S. Borrower</U>&rdquo;), and THE GUARANTORS
party thereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent (in such capacity and together with any successors in such
capacity, the &ldquo;<U>Collateral Agent</U>&rdquo;), (ii)&nbsp;agrees promptly to note on its books the security interests granted
to the Administrative Agent and confirmed under the Security Agreement, (iii)&nbsp;agrees that it will comply with instructions
of the Administrative Agent with respect to the applicable Securities Collateral without further consent by the applicable Pledgor
upon the occurrence and during the continuation of an Event of Default, (iv)&nbsp;agrees to notify the Administrative Agent upon
obtaining knowledge of any interest in favor of any person in the applicable Securities Collateral that is adverse to the interest
of the Administrative Agent therein and (v)&nbsp;waives any right or requirement at any time hereafter to receive a copy of the
Security Agreement in connection with the registration of any Securities Collateral thereunder in the name of the Administrative
Agent or its nominee or the exercise of voting rights by the Administrative Agent or its nominee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[NAME OF ISSUER]</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 STYLE="width: 50%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 3%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 47%; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</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:</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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"></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: right">EXHIBIT&nbsp;2</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&nbsp;of]</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">SECURITIES PLEDGE AMENDMENT</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This Securities Pledge
Amendment, dated as of [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;],
is delivered pursuant to Section&nbsp;5.1 of the Pledge and Security Agreement (as amended, amended and restated, supplemented
or otherwise modified from time to time, the &ldquo;<U>Security Agreement</U>&rdquo;; capitalized terms used but not otherwise
defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of September&nbsp;25, 2018,
made by and among SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC., a Delaware corporation (the &ldquo;<U>U.S. Borrower</U>&rdquo;),
and THE GUARANTORS party thereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent (in such capacity and together with any
successors in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;). The undersigned hereby agrees that this Securities
Pledge Amendment may be attached to the Security Agreement and that the Pledged Securities listed on this Securities Pledge Amendment
shall be deemed to be and shall become part of the Pledged Collateral and shall secure all Secured Obligations.</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">PLEDGED SECURITIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps">issuer</FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><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-variant: small-caps">class
                                         of<BR>
                                         stock<BR>
                                         </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-variant: small-caps">or<BR>
        interests</FONT></P></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><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-variant: small-caps">par<BR>
                                         </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-variant: small-caps">value</FONT></P></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><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-variant: small-caps">certificate<BR>
                                         </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-variant: small-caps">no(s).</FONT></P></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><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-variant: small-caps">number
                                         of<BR>
                                         shares<BR>
                                         </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-variant: small-caps">or
        interests</FONT></P></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 23%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-variant: small-caps">percentage
    of <BR>
    all issued capital<BR>
    or other equity<BR>
    interests of issuer</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in"></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-indent: 1in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 15%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-variant: small-caps">issuer</FONT></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">principal<BR>
</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">amount</FONT></P></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">date
        of<BR>
</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">issuance</FONT></P></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 24%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">interest<BR>
</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">rate</FONT></P></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">maturity<BR>
</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-variant: small-caps">date</FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 1pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
</TABLE>
<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">&nbsp;</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"></P>

<!-- Field: Split-Segment; Name: 4 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">[NAME OF APPLICABLE PLEDGOR], as Pledgor</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">AGREED TO AND ACCEPTED:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">JPMORGAN CHASE BANK, N.A.,</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">as Administrative Agent</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT&nbsp;3</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&nbsp;of]</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">JOINDER 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: right">[Name of New Pledgor]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">[Address of New Pledgor]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 30%; font: 10pt Times New Roman, Times, Serif">[Date]</TD>
    <TD STYLE="width: 70%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Reference is made to
the Pledge and Security Agreement (as amended, amended and restated, supplemented or otherwise modified from time to time, the
 &ldquo;<U>Security Agreement</U>&rdquo;; capitalized terms used but not otherwise defined herein shall have the meanings assigned
to such terms in the Security Agreement), dated as of September&nbsp;25, 2018, made by and among SCHWEITZER-MAUDUIT INTERNATIONAL,&nbsp;INC.,
a Delaware corporation (the &ldquo;<U>U.S. Borrower</U>&rdquo;), and THE GUARANTORS party thereto and JPMORGAN CHASE BANK, N.A.,
as Administrative Agent (in such capacity and together with any successors in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This Joinder Agreement
supplements the Security Agreement and is delivered by the undersigned, [NAME OF NEW PLEDGOR] (the &ldquo;<U>New Pledgor</U>&rdquo;),
pursuant to Section&nbsp;3.7 of the Security Agreement. The New Pledgor hereby agrees to be bound as a Pledgor party to the Security
Agreement by all of the terms, covenants and conditions set forth in the Security Agreement to the same extent that it would have
been bound if it had been a signatory to the Security Agreement on the date of the Security Agreement. Without limiting the generality
of the foregoing, the New Pledgor hereby grants and pledges to the Administrative Agent, as collateral security for the full,
prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured
Obligations, a Lien on and security interest in, all of its right, title and interest in, to and under the Pledged Collateral
and expressly assumes all obligations and liabilities of a Pledgor thereunder. The New Pledgor hereby makes each of the representations
and warranties and agrees to each of the covenants applicable to the Pledgors contained in the Security 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: 1in">Annexed hereto are supplements
to each of the schedules to the Security Agreement and the Credit Agreement, as applicable, with respect to the New Pledgor. Such
supplements shall be deemed to be part of the Security Agreement or the Credit Agreement, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This Joinder Agreement
and any amendments, waivers, consents or supplements hereto may be executed in any number of counterparts and by different parties
hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all such
counterparts together shall constitute one and the same 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: 1in">THIS JOINDER AGREEMENT
SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"></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; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
the New Pledgor has caused this Joinder Agreement to be executed and delivered by its duly authorized officer as of the date first
above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">[NEW PLEDGOR]</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">AGREED TO AND ACCEPTED:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">JPMORGAN CHASE BANK, N.A.,</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">as Administrative Agent</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Schedules to be attached]</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT&nbsp;4</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&nbsp;of]</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">Copyright Security 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: 1in">This Copyright Security
Agreement, dated as of [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;], by
[&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;] and [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]
(individually, a &ldquo;<U>Pledgor</U>&rdquo; and, collectively, the &ldquo;<U>Pledgors</U>&rdquo;), in favor of JPMORGAN CHASE
BANK, N.A., in its capacity as Administrative Agent pursuant to the Credit Agreement (in such capacity, the &ldquo;<U>Administrative
Agent</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>W</U>&nbsp;<u>I</U>&nbsp;<u>T</U>&nbsp;<u>N</U>&nbsp;<u>E</U>&nbsp;<u>S</U>&nbsp;<u>S</U>&nbsp;<u>E</U>&nbsp;<u>T</U>&nbsp;<u>H:</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, the Pledgors
are party to a Pledge and Security Agreement, dated September&nbsp;25, 2018 (the &ldquo;<U>Security Agreement</U>&rdquo;) in favor
of the Administrative Agent pursuant to which the Pledgors are required to execute and deliver this Copyright Security 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: 1in">NOW, THEREFORE, in consideration
of the premises and to induce the Administrative Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement,
the Pledgors hereby agree with the Administrative Agent as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;1. <U>Defined
Terms</U>. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the meaning given to
them in the Security 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: 1in">SECTION&nbsp;2. <U>Grant
of Security Interest in Copyright Collateral</U>. Each Pledgor hereby pledges and grants to the Administrative Agent for the benefit
of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the
following Pledged Collateral of such Pledgor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Copyrights
of such Pledgor listed on Schedule I attached hereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Proceeds (other than Excluded Assets) of any and all of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;3.&#8239;&#8239; <U>Security
Agreement</U>. The security interest granted pursuant to this Copyright Security Agreement is granted in conjunction with the
security interest granted to the Administrative Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm
that the rights and remedies of the Administrative Agent with respect to the security interest in the Copyrights made and granted
hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein
as if fully set forth herein. In the event that any provision of this Copyright Security Agreement is deemed to conflict with
the Security Agreement, the provisions of the Security Agreement shall control unless the Administrative Agent shall otherwise
determine.</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"></P>

<!-- Field: Page; Sequence: 259 -->
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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">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;4. &#8239;&#8239;<U>Termination</U>.
When all the Secured Obligations (other than (i)&nbsp;contingent indemnification obligations and (ii)&nbsp;obligations and liabilities
under Swap Agreements and any contracts governing Banking Services not then due and payable) have been paid in full and the Commitments
of the Lenders to make any Loan or to issue any Letter of Credit under the Credit Agreement shall have expired or been sooner
terminated and all Letters of Credit have expired or have been terminated or cash collateralized or with respect to which other
arrangements reasonably satisfactory to the Administrative Agent and the Issuing Bank shall have been made in accordance with
the provisions of the Credit Agreement, this Copyright Security Agreement shall terminate. Upon the termination of the Copyright
Security Agreement, the Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing
in recordable form releasing the collateral pledge, grant, assignment, lien and security interest in the Copyrights under this
Copyright Security 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: 1in">SECTION&nbsp;5. &#8239;&#8239;<U>Counterparts</U>.
This Copyright Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same
instrument, and any party hereto may execute this Copyright Security Agreement by signing and delivering one or more counterparts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;6. &#8239;&#8239;<U>Governing
Law</U>. This Copyright Security Agreement and the transactions contemplated hereby, and all disputes between the parties under
or relating to this Copyright Security Agreement or the facts or circumstances leading to its execution, whether in contract,
tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of limitation) of the State
of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction.</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">[signature page&nbsp;follows]</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
each Pledgor has caused this Copyright Security Agreement to be executed and delivered by its duly authorized officer as of the
date first set forth above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">[PLEDGORS]</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Accepted and Agreed:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">JPMORGAN CHASE BANK, N.A.,</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">as Administrative Agent</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE I<BR>
to<BR>
COPYRIGHT SECURITY AGREEMENT<BR>
<U>COPYRIGHT REGISTRATIONS AND COPYRIGHT APPLICATIONS</U></B></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"><B>Copyright Registrations:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 61%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-right: 3in; margin-left: 0.25in">
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="width: 44%; border: Black 1pt solid; padding-left: 7.45pt"><FONT STYLE="font-variant: small-caps"><B>owner</B></FONT></TD>
    <TD STYLE="width: 28%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.75pt; text-align: justify; text-indent: 0.25pt"><FONT STYLE="font-variant: small-caps"><B>registration<BR>
number</B></FONT></TD>
    <TD STYLE="width: 28%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.75pt; text-indent: 0.25pt"><FONT STYLE="font-variant: small-caps"><B>title</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 7.45pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.75pt; text-align: justify; text-indent: 0.25pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.75pt; text-align: justify; text-indent: 0.25pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Copyright Applications:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 49%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-right: 4in; margin-left: 0.25in">
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="width: 60%; border: Black 1pt solid; padding-left: 6.9pt"><FONT STYLE="font-variant: small-caps"><B>owner</B></FONT></TD>
    <TD STYLE="width: 40%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.45pt"><FONT STYLE="font-variant: small-caps"><B>title</B></FONT></TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 6.9pt">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.45pt">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT&nbsp;5</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&nbsp;of]</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">Patent Security 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: 1in">This Patent Security
Agreement, dated as of [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;], by [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]
and [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;] (individually, a
 &ldquo;<U>Pledgor</U>&rdquo; and, collectively, the &ldquo;<U>Pledgors</U>&rdquo;), in favor of JPMORGAN CHASE BANK, N.A., in
its capacity as Administrative Agent pursuant to the Credit Agreement (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>W</u>&nbsp;<U>I</u>&nbsp;<U>T</u>&nbsp;<U>N</u>&nbsp;<U>E</u>&nbsp;<U>S</u>&nbsp;<U>S</u>&nbsp;<U>E</u>&nbsp;<U>T</u>&nbsp;<U>H</U>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, the Pledgors
are party to a Pledge and Security Agreement, dated September&nbsp;25, 2018 (the &ldquo;<U>Security Agreement</U>&rdquo;) in favor
of the Administrative Agent pursuant to which the Pledgors are required to execute and deliver this Patent Security 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: 1in">NOW, THEREFORE, in consideration
of the premises and to induce the Administrative Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement,
the Pledgors hereby agree with the Administrative Agent as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;1. <U>Defined
Terms</U>. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the meaning given to
them in the Security 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: 1in">SECTION&nbsp;2. <U>Grant of Security Interest
in Patent Collateral</U>. Each Pledgor hereby pledges and grants to the Administrative Agent for the benefit of the Secured Parties
a lien on and security interest in and to all of its right, title and interest in, to and under all the following Pledged Collateral
of such Pledgor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patents
of such Pledgor listed on Schedule I attached hereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Proceeds (other than Excluded Assets) of any and all of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;3. <U>Security
Agreement</U>. The security interest granted pursuant to this Patent Security Agreement is granted in conjunction with the security
interest granted to the Administrative Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that
the rights and remedies of the Administrative Agent with respect to the security interest in the Patents made and granted hereby
are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as
if fully set forth herein. In the event that any provision of this Patent Security Agreement is deemed to conflict with the Security
Agreement, the provisions of the Security Agreement shall control unless the Administrative Agent shall otherwise determine.</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;4. <U>Termination</U>.
When all the Secured Obligations (other than (i)&nbsp;contingent indemnification obligations and (ii)&nbsp;obligations and liabilities
under Swap Agreements and any contracts governing Banking Services not then due and payable) have been paid in full and the Commitments
of the Lenders to make any Loan or to issue any Letter of Credit under the Credit Agreement shall have expired or been sooner
terminated and all Letters of Credit have expired or have been terminated or cash collateralized or with respect to which other
arrangements reasonably satisfactory to the Administrative Agent and the Issuing Bank shall have been made in accordance with
the provisions of the Credit Agreement, this Patent Security Agreement shall terminate. Upon the termination of the Patent Security
Agreement, the Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable
form releasing the collateral pledge, grant, assignment, lien and security interest in the Patents under this Patent Security
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: 1in">SECTION&nbsp;5. <U>Counterparts</U>.
This Patent Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument,
and any party hereto may execute this Patent Security Agreement by signing and delivering one or more counterparts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;6. <U>Governing
Law</U>. This Patent Security Agreement and the transactions contemplated hereby, and all disputes between the parties under or
relating to this Patent Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or
otherwise, shall be construed in accordance with and governed by the laws (including statutes of limitation) of the State of New
York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction.</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">[signature page&nbsp;follows]</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
each Pledgor has caused this Patent Security Agreement to be executed and delivered by its duly authorized officer as of the date
first set forth above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">[PLEDGORS]</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Accepted and Agreed:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">JPMORGAN CHASE BANK, N.A.,</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">as Administrative Agent</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE I<BR>
to<BR>
PATENT SECURITY AGREEMENT<BR>
<U>PATENT REGISTRATIONS AND PATENT APPLICATIONS</U></B></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"><B>Patent Registrations:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 51%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-right: 3in; margin-left: 0.25in">
<TR STYLE="background-color: White">
    <TD STYLE="width: 43%; border: Black 1pt solid; padding-left: 0.1in"><FONT STYLE="font-variant: small-caps"><B>owner</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify"><FONT STYLE="font-variant: small-caps"><B>registration<BR>
number</B></FONT></TD>
    <TD STYLE="width: 27%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt"><FONT STYLE="font-variant: small-caps"><B>name</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 0.1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Patent Applications:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 51%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-right: 3in; margin-left: 0.25in">
<TR STYLE="background-color: White">
    <TD STYLE="width: 43%; border: Black 1pt solid; padding-left: 0.1in"><FONT STYLE="font-variant: small-caps"><B>owner</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify"><FONT STYLE="font-variant: small-caps"><B>application<BR>
number</B></FONT></TD>
    <TD STYLE="width: 27%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt"><FONT STYLE="font-variant: small-caps"><B>name</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 0.1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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: right">EXHIBIT&nbsp;6</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&nbsp;of]</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">Trademark Security 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: 1in">This Trademark Security
Agreement, dated as of [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;], by
[<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>]
and [<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>] (individually, a &ldquo;<U>Pledgor</U>&rdquo;
and, collectively, the &ldquo;<U>Pledgors</U>&rdquo;), in favor of JPMORGAN CHASE BANK, N.A., in its capacity as Administrative
Agent pursuant to the Credit Agreement (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>W</u>&nbsp;<U>I</u>&nbsp;<U>T</u>&nbsp;<U>N</u>&nbsp;<U>E</u>&nbsp;<U>S</u>&nbsp;<U>S</u>&nbsp;<U>E</u>&nbsp;<U>T</u>&nbsp;<U>H</U>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">WHEREAS, the Pledgors
are party to a Pledge and Security Agreement, dated September&nbsp;25, 2018 (the &ldquo;<U>Security Agreement</U>&rdquo;) in favor
of the Administrative Agent pursuant to which the Pledgors are required to execute and deliver this Trademark Security 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: 1in">NOW, THEREFORE, in consideration
of the premises and to induce the Administrative Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement,
the Pledgors hereby agree with the Administrative Agent as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;1. <U>Defined
Terms</U>. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the meaning given to
them in the Security 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: 1in">SECTION&nbsp;2. <U>Grant
of Security Interest in Trademark Collateral</U>. Each Pledgor hereby pledges and grants to the Administrative Agent for the benefit
of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the
following Pledged Collateral of such Pledgor:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trademarks
of such Pledgor listed on Schedule I attached hereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Goodwill associated with such Trademarks; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
Proceeds (other than Excluded Assets) of any and all of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding anything to the contrary
contained herein, for the avoidance of doubt, the foregoing Pledged Collateral shall not include any intent-to-use Trademark applications
to the extent that, and solely during the period in which, the grant of a security interest therein would impair the validity
or enforceability of such intent-to-use Trademark applications under applicable federal law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;3. <U>Security
Agreement</U>. The security interest granted pursuant to this Trademark Security Agreement is granted in conjunction with the
security interest granted to the Administrative Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm
that the rights and remedies of the Administrative Agent with respect to the security interest in the Trademarks made and granted
hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein
as if fully set forth herein. In the event that any provision of this Trademark Security Agreement is deemed to conflict with
the Security Agreement, the provisions of the Security Agreement shall control unless the Administrative Agent shall otherwise
determine.</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;4. <U>Termination</U>.
When all the Secured Obligations (other than (i)&nbsp;contingent indemnification obligations and (ii)&nbsp;obligations and liabilities
under Swap Agreements and any contracts governing Banking Services not then due and payable) have been paid in full and the Commitments
of the Lenders to make any Loan or to issue any Letter of Credit under the Credit Agreement shall have expired or been sooner
terminated and all Letters of Credit have expired or have been terminated or cash collateralized or with respect to which other
arrangements reasonably satisfactory to the Administrative Agent and the Issuing Bank shall have been made in accordance with
the provisions of the Credit Agreement, this Trademark Security Agreement shall terminate. Upon the termination of the Trademark
Security Agreement, the Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing
in recordable form releasing the collateral pledge, grant, assignment, lien and security interest in the Trademarks under this
Trademark Security 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: 1in">SECTION&nbsp;5. <U>Counterparts</U>.
This Trademark Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same
instrument, and any party hereto may execute this Trademark Security Agreement by signing and delivering one or more counterparts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">SECTION&nbsp;6. <U>Governing
Law</U>. This Trademark Security Agreement and the transactions contemplated hereby, and all disputes between the parties under
or relating to this Trademark Security Agreement or the facts or circumstances leading to its execution, whether in contract,
tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of limitation) of the State
of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction.</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">[signature page&nbsp;follows]</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">IN WITNESS WHEREOF,
each Pledgor has caused this Trademark Security Agreement to be executed and delivered by its duly authorized officer as of the
date first set forth above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">[PLEDGORS]</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Accepted and Agreed:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">JPMORGAN CHASE BANK, N.A.,</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">as Administrative Agent</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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"><B>SCHEDULE I<BR>
to<BR>
TRADEMARK SECURITY AGREEMENT<BR>
<U>TRADEMARK REGISTRATIONS AND TRADEMARK APPLICATIONS</U></B></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">Trademark Registrations:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 51%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-right: 3in; margin-left: 0.25in">
<TR STYLE="background-color: White">
    <TD STYLE="width: 43%; border: Black 1pt solid; padding-left: 0.1in"><FONT STYLE="font-variant: small-caps"><B>owner</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify"><FONT STYLE="font-variant: small-caps"><B>registration<BR>

    number</B></FONT></TD>
    <TD STYLE="width: 27%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt"><FONT STYLE="font-variant: small-caps"><B>trademark</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 0.1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</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">Trademark Applications:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 51%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; margin-right: 3in; margin-left: 0.25in">
<TR STYLE="background-color: White">
    <TD STYLE="width: 43%; border: Black 1pt solid; padding-left: 0.1in"><FONT STYLE="font-variant: small-caps"><B>owner</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify"><FONT STYLE="font-variant: small-caps"><B>registration<BR>

    number</B></FONT></TD>
    <TD STYLE="width: 27%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt"><FONT STYLE="font-variant: small-caps"><B>trademark</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 0.1in; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 4.5pt; text-align: justify">&nbsp;</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"></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: right; text-indent: -0.5in">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>tm215842d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99-1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="tm215842d1_ex99-1img001.jpg" ALT="" STYLE="height: 32px; width: 79px"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SWM ANNOUNCES AMENDMENT TO EXISTING CREDIT
FACILITY INCLUDING NEW $350 MILLION TERM LOAN B TO FINANCE PROPOSED OFFER TO ACQUIRE SCAPA GROUP </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PROVIDES PRELIMINARY RESULTS FOR FOURTH
QUARTER AND FULL YEAR 2020</B></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">ALPHARETTA, GEORGIA. February 9, 2021 &ndash; SWM International,
Inc. (&quot;SWM&quot; or the &quot;Company&quot;) (NYSE: SWM) announced today that the Company has entered into an amendment to
its existing credit agreement to, among other things, add a new $350 million Term Loan B facility with a seven-year maturity. The
proceeds from the Term Loan B, together with up to $325 million under the Company&rsquo;s existing revolving credit facility, will
be used to finance acquisition costs related to the proposed offer to acquire Scapa Group Plc (LSE:SCPA), which was announced on
January 27, 2021.</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">JPMorgan Chase Bank, N.A. is acting as administrative
agent for the amended credit agreement, and JPMorgan Chase Bank, N.A., BofA Securities, Inc., Barclays Bank PLC and Truist
Securities, Inc. are acting as joint bookrunners and joint lead arrangers. The Company has commenced the syndication of the
Term Loan B, which is expected to be completed during the week of February 22nd, 2021. Certain terms of the Term Loan B
remain subject to market conditions and completion of the syndication.</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">In conjunction with the intended Term Loan B syndication, the
Company is providing an update on certain expected fourth quarter and full year 2020 financial results. Key items and commentary
are as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>4Q:20 sales are expected to be approximately $279 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>4Q:20 GAAP operating profit is expected to be between $21 million and $25 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>4Q:20 Adjusted EBITDA (see non-GAAP reconciliations) is expected to be between $45 million and $49 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>FY:20 sales are expected to be approximately $1,074 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>FY:20 GAAP operating profit is expected to be between $127 million and $131 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>FY:20 adjusted EBITDA (see non-GAAP reconciliations) is expected to be between $211 million and $215 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>Total debt is expected to be approximately $593 million and cash is expected to be approximately $55 million</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>The Company's liquidity position is expected to be approximately $500 million, consisting of $55 million of cash and $445 million
of revolver availability</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&ndash;</TD><TD>Per the terms of the Company&rsquo;s amended credit facility, net debt to adjusted EBITDA is expected to be between 2.3x and
2.4x; adjusted EBITDA under the terms of our amended credit facility includes additional favorable adjustments of approximately
$17 million that are not presented in adjusted EBITDA above and in the reconciliation tables below, including adjustments for stock
based compensation expense, non-cash pension expenses, dividends received from joint ventures, and acquisition-related items</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;<I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CEO Dr. Jeff Kramer commented &ldquo;We finished 2020 with very
high organic sales growth in AMS, driven by strong demand for transportation films, and continued solid execution in EP. We are
very proud of our global teams and the full year results we delivered, especially given the COVID-19 environment, and are well
positioned to carry positive momentum into 2021.&rdquo;</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">The Company will provide further details during its fourth
quarter and full year 2020 earnings call on February 19<SUP>th</SUP>, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Non-GAAP reconciliation of GAAP operating profit to adjusted
EBITDA</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 57%; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>($ millions)</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 19%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>4Q:2020</U></B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 22%; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><U>FY:2020</U></B></FONT></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">GAAP operating profit</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$21 to $25</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$127 to $131</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Plus: restructuring and impairment, and plant closure expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.9</FONT></TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Plus: depreciation &amp; amortization</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">19.3</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">70.1</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted EBITDA</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$45 to $49</FONT></TD>
    <TD STYLE="vertical-align: top; padding-top: 2.65pt; padding-bottom: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$211 to $215</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The expected GAAP and non-GAAP financial results included above
reflect management&rsquo;s current estimates. We have provided expected results and estimated ranges for certain of these metrics,
but we have not yet completed the closing procedures for the quarter and the audit of our Fiscal 2020 financial statements has
not been completed. During the course of the preparation of our financial statements and related notes and the completion of the
audit for Fiscal 2020, additional adjustments to the preliminary estimated financial information presented above may be identified.
Any such adjustments may be material. Our independent registered public accounting firm, Deloitte &amp; Touche LLP, has not audited,
reviewed, compiled or performed any procedures with respect to this preliminary financial data and, accordingly, Deloitte &amp;
Touche LLP does not express an opinion or any other form of assurance with respect thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>About SWM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">SWM is a leading global performance materials
company. Our highly engineered films, nets, nonwovens and papers are designed and manufactured using resins, polymers, and natural
fibers for a variety of industries and applications. We provide our customers with essential components that enhance the performance
of their products. End markets served include filtration, transportation, infrastructure and construction, medical, industrial,
tobacco, energy, food services and home d&eacute;cor. SWM and its subsidiaries manufacture on four continents, conduct business
in over 80 countries and employ approximately 3,600 people worldwide. For further information, please visit SWM&rsquo;s website
at www.swmintl.com.</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"><B>Forward-Looking Statements</B></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">This press release contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995, federal securities laws, and other applicable
laws, that are subject to the safe harbor created by such laws and other legal protections. These forward-looking statements can
be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements in this press
release include, without limitation, those regarding the completion of the syndication of our new Term Loan B facility, the proposed
offer to acquire Scapa Group Plc, and expected fourth quarter and full year 2020 financial results guidance, and other statements
generally identified by words such as &quot;anticipate&quot;, &quot;target&quot;, &quot;expect&quot;, &quot;estimate&quot;, &quot;intend&quot;,
 &quot;plan&quot;, &quot;goal&quot;, &quot;believe&quot;, &quot;aim&quot;, &quot;will&quot;, &quot;may&quot;, &quot;hope&quot;,
 &quot;continue&quot;, &quot;would&quot;, &quot;could&quot; or &quot;should&quot; or other words of similar meaning or the negative
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These forward-looking statements are made
only as of the date of this press release. They are prospective in nature and note based on historical facts, but rather on current
expectations and on numerous assumptions regarding the business strategies and the environment in which our business shall operate
in the future and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed
or implied by those statements. No assurance can be given that such expectations will prove to have been correct and persons reading
this presentation are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at
the date of this press release. We undertake no obligation, nor have any intention, except as may be required by law, to publicly
update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</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"></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: justify">In addition, forward-looking statements
are not guarantees of future performance and are subject to certain risks, uncertainties (some of which are beyond the Company&rsquo;s
control) and assumptions that may cause actual results to differ materially from our expectations as of the date of this release.
These risks include, among other things, those set forth in Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K for
the year ended December 31, 2019, our Quarterly Reports on Form 10-Q and subsequently filed period reports, which can be found
at the SEC&rsquo;s website www.sec.gov, as well as the following factors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with pandemics and other public health emergencies, including the continued spread
and impact of, and the governmental and third party response to, the COVID-19 pandemic;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The impact of mandatory business closures, limits on non-essential travel, &ldquo;social or physical
distancing&rdquo; guidelines, &ldquo;shelter-in-place&rdquo; mandates and similar governmental and private measures taken to combat
the spread of COVID-19;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in sales or production volumes, pricing and/or manufacturing costs of Recon products, cigarette
paper (including for LIP cigarettes), including any change by our customers in their tobacco and tobacco-related blends for their
cigarettes, their target inventory levels and/or the overall demand for their products, new technologies such as e-cigarettes,
inventory adjustments and rebalancings in our EP segment. Additionally, competition and changes in AMS end-market products due
to changing customer demands;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in the Chinese economy, including relating to the demand for reconstituted tobacco, premium
cigarettes and netting and due to impact of tariffs;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with the implementation of our strategic growth initiatives, including diversification,
and the Company's understanding of, and entry into, new industries and technologies;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in the source and intensity of competition in our commercial segments. We operate in highly
competitive markets in which alternative supplies and technologies may attract our customers away from our products. In addition,
our customers may, in some cases, produce for themselves the components that the Company sells to them for incorporation into their
products, thus reducing or eliminating their purchases from us;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Our ability to attract and retain key personnel, due to our prior restructuring actions, the tobacco
industry in which we operate or otherwise;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Weather conditions, including potential impacts, if any, from climate change, known and unknown,
seasonality factors that affect the demand for virgin tobacco leaf and natural disasters or unusual weather events;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Seasonal or cyclical market and industry fluctuations which may result in reduced net sales and
operating profits during certain periods;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Increases in commodity prices and lack of availability of such commodities, including energy, wood
pulp and resins, which could impact the sales and profitability of our products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Adverse changes in the oil, gas, automotive, construction and infrastructure, and mining sectors
impacting key AMS segment customers;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Increases in operating costs due to inflation or otherwise, such as labor expense, compensation
and benefits costs;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Employee retention and labor shortages;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-size: 10pt">&bull;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Changes in employment, wage and hour laws and regulations in the
U.S., France and elsewhere, including the </FONT><I>loi de Securisation de l'emploi</I> <FONT STYLE="font-size: 10pt">in France,
unionization rule and regulations by the National Labor Relations Board in the U.S., equal pay initiatives, additional anti-discrimination
rules or tests and different interpretations of exemptions from overtime laws;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Labor strikes, stoppages, disruptions or other disruptions at our facilities;</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The impact of tariffs, and the imposition of any future additional tariffs and other trade barriers,
and the effects of retaliatory trade measures;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Existing and future governmental regulation and the enforcement thereof, for example relating to
the tobacco industry, taxation and the environment (including the impact thereof on our Chinese joint ventures);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">New reports as to the effect of smoking on human health or the environment;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in general economic, financial and credit conditions in the U.S., Europe, China and elsewhere,
including the impact thereof on currency exchange rates (including any weakening of the Euro and Real) and on interest rates and
the effects of the ongoing discussions between the U.K. and European Union to determine the terms of the U.K.'s withdrawal from
the European Union;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in the method pursuant to which LIBOR rates are determined and the phasing out of LIBOR
after 2021;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in the manner in which we finance our debt and future capital needs, including potential
acquisitions;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The success of, and costs associated with, our current or future restructuring initiatives, including
the granting of any needed governmental approvals and the occurrence of work stoppages or other labor disruptions;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in the discount rates, revenue growth, cash flow growth rates or other assumptions used
by the Company in its assessment for impairment of assets and adverse economic conditions or other factors that would result in
significant impairment charges;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The failure of one or more material suppliers, including energy, resin and pulp suppliers, to supply
materials as needed to maintain our product plans and cost structure;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">International conflicts and disputes, which restrict our ability to supply products into affected
regions, due to the corresponding effects on demand, the application of international sanctions, or practical consequences on transportation,
banking transactions, and other commercial activities in troubled regions;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Compliance with the FCPA and other anti-corruption laws or trade control laws, as well as other
laws governing our operations;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The pace and extent of further international adoption of LIP cigarette standards and the nature
of standards so adopted;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with our 50%-owned, non-U.S. joint ventures relating to control and decision-making,
compliance, accounting standards, transparency and customer relations, among others;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">A failure in our risk management and/or currency or interest rate swaps and hedging programs, including
the failures of any insurance company or counterparty;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The number, type, outcomes (by judgment or settlement) and costs of legal, tax, regulatory or administrative
proceedings, litigation and/or amnesty programs, including those in Brazil, France and Germany;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">The outcome and cost of LIP-related intellectual property infringement and validity litigation
in Europe and the Glatz's German Patent Court invalidation proceedings;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with our technological advantages in our intellectual property and the likelihood
that our current technological advantages are unable to continue indefinitely;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with acquisitions or other strategic transactions, including acquired liabilities
and restrictions, retaining customers from businesses acquired, achieving any expected results or synergies from acquired businesses,
complying with new regulatory frameworks, difficulties in integrating acquired businesses or implementing strategic transactions
generally and risks associated with international acquisition transactions, including in countries where we do not currently have
a material presence;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with dispositions, including post-closing claims being made against us, disruption
to our other businesses during a sale process or thereafter, credit risks associated with any buyer of such disposed assets and
our ability to collect funds due from any such buyer;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Risks associated with our global asset realignment initiatives, including: changes in tax law,
treaties, interpretations, or regulatory determinations; audits made by applicable regulatory authorities and/or our auditor; and
our ability to operate our business in a manner consistent with the regulatory requirements for such realignment;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Increased taxation on tobacco-related products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Costs and timing of implementation of any upgrades or changes to our information technology systems;</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Failure by us to comply with any privacy or data security laws or to protect against theft of customer,
employee and corporate sensitive information;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in tax rates, the adoption of new U.S. or international tax legislation or exposure to
additional tax liabilities;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Changes in construction and infrastructure spending and its impact on demand for certain products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Potential loss of consumer awareness and demand for acquired companies&rsquo; products if it is
decided to rebrand those products under the Company&rsquo;s legacy brand names; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD STYLE="text-align: justify">Other factors described elsewhere in this document and from time to time in documents that we file
with the SEC.</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"><B>Non-GAAP Financial Measures</B></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">In this press release the Company has provided
guidance with respect to Adjusted EBITDA, which is a financial metric that has not been determined in accordance with accounting
principles generally accepted in the United States (GAAP) and is therefore a &quot;non-GAAP&quot; financial measure. The Company
has provided a reconciliation of its estimated Adjusted EBITDA to estimated GAAP operating profit, but has not provided a reconciliation
to estimated GAAP net income, which the Company believes is the most directly comparable GAAP measure. Such a reconciliation is
not available at this time without unreasonable effort in light of the fact that the applicable reconciling items are not determinable
based on the inherent difficulty in quantifying such reconciling items, due primarily to the complexity of the quarterly closing
process related to the Company&rsquo;s provision for income tax as a result of Company&rsquo;s global footprint.</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">The Company believes that the presentation
of non-GAAP financial measures in addition to GAAP measures provides investors with greater transparency on the information used
by the Company&rsquo;s management in its financial and operational decision-making. Management also believes that the non-GAAP
financial measures provide additional insight for analysts and investors in evaluating the Company&rsquo;s financial and operational
performance in the same way that management evaluates the Company's financial performance. Management believes that providing this
information enables investors to better understand the Company&rsquo;s operating performance and financial condition. These non-GAAP
financial measures are not calculated or presented in accordance with, and are not intended to be considered in isolation or as
alternatives or substitutes for, or superior to, financial measures prepared and presented in accordance with GAAP, and should
be read only in conjunction with the Company's financial measures prepared and presented in accordance with GAAP. The non-GAAP
financial measures used in this release may be different from the measures used by other companies.</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">For further information, please contact:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Andrew Wamser</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Chief Financial Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Phone (770) 569-4271</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">Mark Chekanow</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Director of Investor Relations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Phone: (770) 569-4229</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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>swm-20210209_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
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<title></title>
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<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.20.4</span><table class="report" border="0" cellspacing="2" id="idm140615045205624">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Feb. 09, 2021</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_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Feb.  09,  2021<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_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-13948<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_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">SCHWEITZER-MAUDUIT INTERNATIONAL, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001000623<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_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">62-1612879<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_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">100 North Point Center East<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_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 600<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">Alpharetta<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">GA<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">30022<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">800<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">514-0186<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_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock,
    $0.10 par value<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">SWM<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="ro">
<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>
</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_CoverAbstract">
<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>Cover page.</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_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_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>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. 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_EntityAddressAddressLine2">
<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 2 such as Street or Suite number</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_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="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 Regulation 12B<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 Regulation 12B<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 Regulation 12B<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 Regulation 12B<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>
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<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_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>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="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>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="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>
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<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>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="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>
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<td>dei_</td>
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<td>xbrli:booleanItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
