<SEC-DOCUMENT>0001104659-23-075305.txt : 20230627
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<ACCEPTANCE-DATETIME>20230627164655
ACCESSION NUMBER:		0001104659-23-075305
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		13
CONFORMED PERIOD OF REPORT:	20230622
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:		Financial Statements and Exhibits
FILED AS OF DATE:		20230627
DATE AS OF CHANGE:		20230627

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDS' END, INC.
		CENTRAL INDEX KEY:			0000799288
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				362512786
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0127

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09769
		FILM NUMBER:		231048030

	BUSINESS ADDRESS:	
		STREET 1:		ONE LANDS' END LN
		CITY:			DODGEVILLE
		STATE:			WI
		ZIP:			53595
		BUSINESS PHONE:		6089359341

	MAIL ADDRESS:	
		STREET 1:		ONE LANDS' END LANE
		STREET 2:		ONE LANDS' END LANE
		CITY:			DODGEVILLE
		STATE:			WI
		ZIP:			53595

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LAND'S END, INC.
		DATE OF NAME CHANGE:	20140527

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LAND'S END, INC
		DATE OF NAME CHANGE:	20140527

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

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

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

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<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-size: 18pt"><b>FORM
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>CURRENT REPORT</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Pursuant to Section&#160;13 or 15(d)&#160;of
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Securities Exchange Act of 1934</b></p>

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

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

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<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">Not Applicable</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">(Former name or former address, if changed since
last report.)</p>

<p style="border-bottom: Black 1pt solid; 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; text-align: justify">Check the appropriate box below if the Form&#160;8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<span style="text-decoration: underline">see</span> General Instruction
A.2. below):</p>

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

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    <td style="padding-right: 5.4pt; padding-left: 5.4pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under the Exchange Act (17 CFR 240.13e-4(c))</span></td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Securities registered pursuant to Section&#160;12(b)&#160;of the
Act:</b></p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Indicate by check mark whether the registrant is an emerging growth
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

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

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

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

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

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

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item 1.01</b></span></td><td><b>Entry into a Material Definitive&#160;Agreement.</b></td></tr></table>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On June 22, 2023, Lands&#8217; End,&#160;Inc.
(the &#8220;Company&#8221;) and certain of its subsidiaries entered into Amendment No. 1 to Term Loan Credit Agreement (the &#8220;Amendment&#8221;),
by and among the Company, the guarantors party thereto, Fortress Credit Corp. (as administrative agent and collateral agent) and the lenders
party thereto, with respect to the Company&#8217;s term loan credit facility. The Amendment amends that certain <span style="background-color: white">Term
Loan Credit Agreement, dated September 9, 2020 </span>(as amended, the &#8220;Credit Agreement&#8221;), to replace the interest rate benchmark
currently based upon the London InterBank Offered Rate with an interest rate benchmark based upon the Secured Overnight Financing Rate
for the loans under the Credit Agreement, along with other related changes.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The foregoing description
of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, filed
as Exhibit&#160;4.1 to this Current Report on Form&#160;8-K, which is incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#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="text-align: justify; width: 0"></td><td style="text-align: justify; width: 1in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Item 2.03</b></span></td><td style="text-align: justify"><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; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">The information described
in Item 1.01 of this Current Report on Form&#160;8-K is incorporated herein by reference.</p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top">
<td style="width: 0"></td><td style="width: 1in"><b>Item 9.01</b></td><td><b>Financial Statements and Exhibits.</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">(d)&#160;Exhibits</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>
    <td style="width: 15%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Exhibit&#160;Number</span></span></td>
    <td style="width: 1%">&#160;</td>
    <td style="width: 84%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline">Description</span></span></td></tr>
  <tr>
    <td style="text-align: left; vertical-align: middle"><a href="tm2319521d1_ex4-1.htm" style="-sec-extract: exhibit"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</span></a></td>
    <td>&#160;</td>
    <td style="text-align: justify"><a href="tm2319521d1_ex4-1.htm" style="-sec-extract: exhibit">Amendment No. 1 to Term Loan Credit Agreement, dated June 22, 2023, by and among Lands&#8217; End
Inc. (as the borrower), the guarantors party thereto, the lenders party thereto, and Fortress Credit Corp. (as administrative agent and
collateral agent)</a></td></tr>
  <tr>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">104</span></td>
    <td>&#160;</td>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cover Page&#160;Interactive Data File (embedded within the Inline XBRL document)</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"></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: 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; text-align: justify; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

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

<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="2"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>LANDS' END,&#160;INC.</b></span></td></tr>
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td colspan="2">&#160;</td></tr>
  <tr style="vertical-align: top">
    <td style="width: 50%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: June 27, 2023</span></td>
    <td style="width: 5%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</span></td>
    <td style="border-bottom: Black 1pt solid; width: 45%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Peter L. Gray</span></td></tr>
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </span></td>
    <td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Peter L. Gray</span></td></tr>
  <tr style="vertical-align: top">
    <td>&#160;</td>
    <td>Title:</td>
    <td style="text-align: justify">Chief Commercial Officer, Chief Administrative Officer and General Counsel</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"></p>

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

<P STYLE="text-align: right; margin: 0pt"><B>Exhibit 4.1</B></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>AMENDMENT NO. 1 TO TERM LOAN 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: justify; text-indent: 0.5in">This AMENDMENT NO. 1 TO TERM
LOAN CREDIT AGREEMENT (this &ldquo;<U>Agreement</U>&rdquo;), dated as of June&nbsp;22, 2023, is made among Lands&rsquo; End,&nbsp;Inc.,
a Delaware corporation (&ldquo;<U>Borrower</U>&rdquo;), the other Credit Parties party hereto, each Lender party hereto and Fortress
Credit Corp., as administrative agent and collateral agent (in such capacities, together with its successors and assigns, the &ldquo;<U>Agent</U>&rdquo;)
under the 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-align: center">PRELIMINARY STATEMENTS:</P>

<P STYLE="font: 10pt 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">(1)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">The
Borrower, the Lenders from time to time party thereto and the Agent are party to that certain Term Loan Credit Agreement, dated as of
September&nbsp;9, 2020 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the
 &ldquo;<U>Credit Agreement</U>&rdquo;; as amended by this Agreement, the &ldquo;<U>Amended Credit Agreement</U>&rdquo;). Capitalized
terms not otherwise defined in this Agreement have the same meanings as specified in the Amended Credit Agreement;</FONT></P>

<P STYLE="font: 10pt 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">(2)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">The
Borrower is requesting that the Agent and the Lenders party hereto agree to amend certain provisions of the Credit Agreement as set forth
herein to effect a Benchmark Replacement replacing LIBOR Rate with Term SOFR in accordance with the terms of Section&nbsp;2.14 of the
Credit Agreement;</FONT></P>

<P STYLE="font: 10pt 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">(3)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">The
Agent has determined that the requirements to an Early Opt-in Election (as defined in the Credit Agreement prior to giving effect to
this Agreement) have been satisfied and hereby notifies the Borrower and the Lenders that an Early Opt-in Election has occurred;</FONT></P>

<P STYLE="font: 10pt 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">(4)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">In
accordance with Section&nbsp;2.14(c), the Agent hereby provides further notice that the Amended Credit Agreement includes Benchmark Replacement
Conforming Changes (as defined in the Credit Agreement prior to giving effect to this Agreement) to adopt and implement Term SOFR and
a &ldquo;hardwired&rdquo; Benchmark Replacement for Term SOFR; and</FONT></P>

<P STYLE="font: 10pt 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">(5)</FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-size: 10pt">The
Agent and each of the Lenders party hereto are willing, on the terms and subject to the conditions set forth below, to consent to the
amendments set forth in this Agreement.</FONT></P>

<P STYLE="font: 10pt 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-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
1.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Amendments</U>. Subject to the satisfaction of the conditions precedent set forth in
<U>Section&nbsp;3</U> below, and effective as of the Amendment Effective Date (as defined below):</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: 0.25in">(a)</TD><TD STYLE="text-align: justify">the Credit Agreement is hereby amended
                                            to delete the stricken text (indicated textually in the same manner as the following example:
                                            <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; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>double-underlined
                                            text</U></FONT>) as set forth in the document attached as <U>Annex A</U> hereto; 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: 1in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD STYLE="text-align: justify">Exhibit&nbsp;A to the Credit Agreement
                                            is hereby amended and restated in its entirety as set forth in the document attached as <U>Annex
                                            B</U> hereto.</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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
2.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Representations and Warranties</U>. Each Loan Party represents and warrants that as
of the Amendment 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-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>The
representations and warranties made by any Loan Party set forth in Article&nbsp;V of the Credit Agreement or in any other Loan Document
are true and correct in all material respects (except that any representation and warranty that is qualified as to &ldquo;materiality&rdquo;
or &ldquo;Material Adverse Effect&rdquo; is true and correct in all respects) on and as of the Amendment Effective Date with the same
effect as though made on and as of such date, except to the extent that such representation or warranty expressly relates to an earlier
date in which case such representations and warranties are true and correct in all material respects (except that any representation
and warranty that is qualified as to &ldquo;materiality&rdquo; or &ldquo;Material Adverse Effect&rdquo; is true and correct in all respects)
as of such earlier 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-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>After
giving effect to this Agreement, no Event of Default or Default has occurred and is continuing; 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-family: Times New Roman, Times, Serif">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>Each
of this Agreement and each other Loan Document to which any Loan Party is a party is the legal, valid and binding obligation of such
Loan Party, enforceable against such Loan Party 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.</P>

<P STYLE="font: 10pt 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-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
3.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Conditions to Effectiveness</U>. This Agreement and the amendments set forth
in <U>Section&nbsp;1</U> hereof shall become effective on and as of the Business Day on which the following conditions shall have
been satisfied (such date, the &ldquo;<U>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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Agent shall have received duly executed counterparts of this Agreement from (i)&nbsp;the Borrower and each other Loan Party and (ii)&nbsp;Lenders
constituting the Required Lenders;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>After
giving effect to this Agreement, no Event of Default 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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
representations and warranties contained in <U>Section&nbsp;2</U> hereof shall be true and correct; 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-family: Times New Roman, Times, Serif">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT>the
Agent shall have received, to the extent invoiced at least two (2)&nbsp;Business Days prior to the Amendment Effective Date, reimbursement
for all reasonable and documented out-of-pocket costs and expenses, including the reasonable and documented out-of-pocket fees and disbursements
of Kirkland&nbsp;&amp; Ellis LLP incurred by the Agent in connection with 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-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
4.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Costs, Expenses</U>. As provided in Section&nbsp;10.4 of the Amended Credit Agreement,
the Loan Parties agree to reimburse the Agent for all Credit Party Expenses.</P>

<P STYLE="font: 10pt 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-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
5.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Counterparts; Effectiveness</U>. This Agreement may be executed in any number of counterparts
and by different parties hereto on separate counterparts and each such counterpart shall be deemed to be an original, but all such counterparts
when taken together shall constitute but one and the same Agreement. Except as provided in <U>Section&nbsp;3</U>, this Agreement shall
become effective when it shall have been executed by the Agent and when the Agent shall have received counterparts hereof that, when
taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page&nbsp;of
this Agreement by telecopier or other electronic transmission (PDF or TIFF format) 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"></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
6.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Governing Law</U>. This Agreement shall be construed in accordance with and governed
by the law of the State of New York, without regard to the 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: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
7.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>WAIVER OF JURY TRIAL</U>. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST
EXTENT PERMITTED BY 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 ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT,
TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A)&nbsp;CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON 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 AND THE OTHER LOAN DOCUMENTS 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-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
8.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>Reaffirmation</U>. Each of the Loan Parties as debtor, grantor, mortgagor, pledgor,
guarantor, assignor, or in other any other similar capacity in which such Loan Party grants liens or security interests in its property
or otherwise acts as accommodation party, guarantor or indemnitor, as the case may be, hereby (i)&nbsp;ratifies and reaffirms all of
its payment and performance obligations, contingent or otherwise, under each of the Loan Documents to which it is a party (after giving
effect hereto) and (ii)&nbsp;to the extent such Loan Party granted liens on or security interests in any of its property pursuant to
any such Loan Document as security for or otherwise guaranteed the Obligations under or with respect to the Loan Documents, ratifies
and reaffirms such guarantee and grant of security interests and liens and confirms and agrees that such guarantee includes, and such
security interests and liens hereafter secure, all of the Obligations as amended hereby.&nbsp; Each of the Loan Parties hereby consents
to this Agreement and acknowledges that each of the Loan Documents remains in full force and effect and is hereby ratified and reaffirmed.&nbsp;
The execution of this Agreement shall not operate as a waiver of any right, power or remedy of the Agent or Lenders, constitute a waiver
of any provision of any of the Loan Documents or serve to effect a novation of the Obligations. Except as amended or consented to hereby,
the Credit Agreement and other Loan Documents remain unmodified and in full force and effect. Each reference in the Credit Agreement
to &ldquo;this Agreement&rdquo;, &ldquo;hereunder&rdquo;, &ldquo;hereof&rdquo;, &ldquo;herein&rdquo; or words of like import referring
to the Credit Agreement, and each reference to the &ldquo;Credit Agreement&rdquo;, &ldquo;thereunder&rdquo;, &ldquo;thereof&rdquo;, &ldquo;therein&rdquo;
or words of like import referring to the Credit Agreement in any other Loan Document shall mean and be a reference to the Amended Credit
Agreement. This Agreement shall constitute a &ldquo;Loan Document&rdquo; for purposes of the Amended 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"></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
9.&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</B></FONT><U>No Novation</U>. By its execution of this Agreement, each of the parties hereto acknowledges
and agrees that the terms of this Agreement do not constitute a novation, but, rather, a supplement of a pre-existing indebtedness and
related agreement, as evidenced by the Amended 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-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
10.&#9;&#8239;&#8239;&nbsp;</B></FONT><U>LIBOR Rate Loans Outstanding Immediately Prior to the Amendment Effective Date</U>. As of the
Amendment Effective Date, each outstanding LIBOR Rate Loan (as defined in the Credit Agreement prior to giving effect to this Agreement)
(each, an &ldquo;<U>Existing LIBOR Rate Loan</U>&rdquo;) shall remain a LIBOR Rate Loan (as defined in the Credit Agreement prior to
giving effect to this Agreement) until the Interest Period (as defined in the Credit Agreement prior to giving effect to this Agreement)
applicable to such Existing LIBOR Rate Loan expires or is otherwise terminated (including in the event such applicable Existing LIBOR
Rate Loan is prepaid); provided that the Borrower shall not be permitted to: (i)&nbsp;request the funding of any additional LIBOR Rate
Loans (as defined in the Credit Agreement prior to giving effect to this Agreement), (ii)&nbsp;convert any Loan into a LIBOR Rate Loan
(as defined in the Credit Agreement prior to giving effect to this Agreement) or (iii)&nbsp;modify, continue or otherwise extend the
Interest Period of any Existing LIBOR Rate Loan, in each case, on or after the Amendment Effective Date. Upon the expiration of the applicable
Interest Period of any Existing LIBOR Rate Loan after the Amendment Effective Date, such Existing LIBOR Rate Loan will be converted into
a SOFR Loan or a ABR Loan, in each case, in accordance with the terms of the Credit Agreement. While any Existing LIBOR Rate Loan remains
outstanding, the terms applicable to Existing LIBOR Rate Loans under the Credit Agreement (prior to giving effect to this Amendment)
shall continue to apply to such Existing LIBOR Rate Loan notwithstanding the terms of this Amendment (including that such Existing LIBOR
Rate Loans shall accrue interest pursuant to the terms of the Credit Agreement (prior to giving effect to this Amendment)) and the provisions
in the Credit Agreement relating to Term SOFR shall not apply to such Existing LIBOR Rate 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-align: justify; text-indent: 1in"><FONT STYLE="font-family: Times New Roman, Times, Serif; text-transform: uppercase"><B>section
11.&#9;&#8239;&#8239;&nbsp;</B></FONT><U>Waiver of Negative Consent Period; Benchmark Transition Start Date</U>. Each of the Lenders party
hereto (constituting not less than the Required Lenders) agree that the requirements to an Early Opt-in Election (as defined in the Credit
Agreement, prior to giving effect to this Agreement) have been satisfied and hereby waive (or deem satisfied) the five (5)&nbsp;Business
Day notice period referenced in Section&nbsp;2.14(a)&nbsp;of the Credit Agreement (prior to giving effect to this Agreement), during
which time the Required Lenders may provide written notice to the Administrative Agent stating their objection to the amendment giving
effect to the alternate rate of interest replacing the LIBOR Rate (as defined in the Credit Agreement, prior to giving effect to this
Agreement). Each of the Lenders party hereto further agrees that the requirements to the Benchmark Replacement Transaction Start Date
(as defined in the Credit Agreement, prior to giving effect to this Agreement) have been satisfied (including clause (b)&nbsp;thereof)
and that the amendments contemplated by this Agreement shall be given effect on the Amendment Effective Date.</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"></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">IN WITNESS WHEREOF, the parties
hereto have caused this Agreement to be executed by their respective officers thereunto duly authorized, 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 STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt"><U>Borrower:</U></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><B>Lands&rsquo; End,&nbsp;Inc.,</B>
    a Delaware corporation</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Bernard McCracken</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Interim Chief Financial Officer, Vice President, Controller and Chief Accounting
    Officer</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 STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-size: 10pt"><U>GUARANTORS:</U></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">LANDS&rsquo; END DIRECT MERCHANTS,&nbsp;INC.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Bernard McCracken</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Chief Financial Officer and Treasurer</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">LANDS&rsquo; END INTERNATIONAL,&nbsp;INC.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Chief Financial Officer and Treasurer</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">LANDS&rsquo; END JAPAN,&nbsp;INC.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Bernard McCracken&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Chief Financial Officer and Treasurer</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 STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">LANDS&rsquo; END PUBLISHING,
    LLC</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Lands&rsquo; End,&nbsp;Inc., as its
    Sole Member&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 40%">/s/ Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Interim Chief Financial Officer, Vice President, Controller and Chief Accounting
    Officer</TD></TR>
  </TABLE>


<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 Amendment
No. 1 to 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"></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Times New Roman, Times, Serif"><B>LEGC, LLC</B></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">Lands&rsquo; End,&nbsp;Inc., as its Sole Member&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 40%">/s/ Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Bernard McCracken<FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Interim Chief Financial Officer, Vice President, Controller and Chief Accounting
    Officer</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; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Amendment
No. 1 to 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"></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-transform: uppercase"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>FORTRESS
    CREDIT CORP.</B></FONT>,</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">as Agent</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%">By:</TD>
    <TD STYLE="text-transform: capitalize; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/<FONT STYLE="text-transform: lowercase">S</FONT>/
    CONSTANTINE M. DAKOLIAS</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">CONSTANTINE M. DAKOLIAS</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; vertical-align: top"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">MANAGING PARTNER</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">[Signature Page&nbsp;to Amendment No.&nbsp;1 to
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"></P>

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FLF I AB HOLDINGS FINANCE L.P.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FLF I AB Holdings Finance CM LLC,
    as Servicer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending I Holdings L.P.,
    its Sole Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending Advisors LLC,
    its investment manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ <FONT STYLE="font-size: 10pt">Avraham
    Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FLF I HOLDINGS FINANCE L.P.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FLF I Holdings Finance CM LLC,
    as Servicer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending I Holdings L.P.,
    its Sole Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending Advisors LLC,
    its investment manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FLF II AB HOLDINGS FINANCE L.P.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FLF II AB Holdings Finance CM
    LLC, as Servicer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending II Holdings L.P.,
    its Sole Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending Advisors II LLC,
    its investment manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</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>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FLF II HOLDINGS FINANCE L.P.</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FLF II Holdings Finance CM LLC,
    as Servicer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending II Holdings L.P.,
    its Sole Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Fortress Lending Advisors II LLC,
    its investment manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ <FONT STYLE="font-size: 10pt">Avraham
    Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    IX CLO LIMITED</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOD CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    VI CLO LIMITED</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOO CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    XI CLO LIMITED</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOD CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&#8239;&#8239;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</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>

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    XIX CLO LLC</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOD CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ <FONT STYLE="font-size: 10pt">Avraham
    Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    XV CLO LIMITED</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOD CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&#8239;&#8239;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    XVII CLO LIMITED</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOD CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">FORTRESS CREDIT OPPORTUNITIES
    XXI CLO LLC</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: FCOD CLO Management LLC, its collateral
    manager</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Avraham Dreyfuss</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Chief Financial Officer</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>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC HOLDINGS FUND I, LLC,</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    Fund I LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    GP LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ <FONT STYLE="font-size: 10pt">Kevin
    Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC HOLDINGS FUND II LLC,&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    Fund II LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    GP II LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC HOLDINGS KRS FUND LLC,</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    KRS Fund LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    KRS GP LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</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; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Amendment
No. 1 to 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"></P>

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC OFFSHORE HOLDINGS FUND II-B
    LLC,</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Offshore Credit Opportunities
    Master Fund II LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Offshore Credit Opportunities
    GP II LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ <FONT STYLE="font-size: 10pt">Kevin
    Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC OFFSHORE HOLDINGS FUND II-C
    LLC,</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Offshore Credit Opportunities
    Master Fund II LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Offshore Credit Opportunities
    GP II LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC HOLDINGS SBAF FUND LLC,&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    SBAF Fund LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    SBAF GP LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  </TABLE>


<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 Amendment
No. 1 to 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"></P>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC HOLDINGS SBAF FUND-B LLC,</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    SBAF Fund LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    SBAF GP LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ <FONT STYLE="font-size: 10pt">Kevin
    Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">BTC HOLDINGS SC FUND LLC,&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    SC Master Fund LP, its sole member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: Blue Torch Credit Opportunities
    SC GP LLC, its general partner</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: KPG BTC Management LLC, its sole
    member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Kevin Genda</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Swiss Capital BTC OL Private
    Debt Fund L.P.,</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ <FONT STYLE="font-size: 10pt">Kevin Genda&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Kevin Genda, in his capacity
    as authorized signatory of Blue Torch Capital LP, as agent and attorney-in-fact for Swiss Capital BTC OL Private Debt Fund L.P.</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; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Amendment
No. 1 to 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"></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>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">PETRUS YIELD OPPORTUNITY FUND,
    L.P.,&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">as a Lender</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 45%">/s/ Jonathan Covin</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Name: Jonathan Covin</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Title: General Counsel</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; text-align: center; margin-top: 0pt; margin-bottom: 0pt">[Signature Page to Amendment
No. 1 to 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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B><U>Annex A</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"><B>Amended Credit Agreement</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="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: red"><B><I><STRIKE>EXECUTION VERSION</STRIKE></I></B></P>

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

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt 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; color: blue"><FONT STYLE="text-transform: uppercase; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Conformed
Copy Reflecting Changes Pursuant to</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: blue"><FONT STYLE="text-transform: uppercase; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Amendment
No.&nbsp;1 to Credit Agreement Dated as of June&nbsp;22, 2023</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"><B>TERM LOAN CREDIT AGREEMENT</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">Dated as of September&nbsp;9, 2020</P>

<P STYLE="font: 10pt 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"><B>LANDS&rsquo; END,&nbsp;INC.</B>,<BR>
as 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-align: center"><B>FORTRESS CREDIT CORP.,</B><BR>
as Administrative Agent and Collateral 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">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 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Sole Lead Arranger and Sole Bookrunner</P>

<P STYLE="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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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TABLE OF CONTENTS</B></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="font: 10pt Times New Roman, Times, Serif; width: 50%"><U>Section</U></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; width: 50%"><U>Page</U></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"><FONT STYLE="text-transform: uppercase">Article&nbsp;I<BR>
Definitions and Accounting Terms</FONT></P>

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

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



<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: 5%">1.2</TD><TD STYLE="text-align: justify; width: 90%">Other Interpretive Provisions</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>46</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>51</U></FONT></TD></TR></TABLE>



<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: 5%">1.3</TD><TD STYLE="text-align: justify; width: 90%">Accounting Terms</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>47</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>52</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">1.4</TD><TD STYLE="text-align: justify; width: 90%">Rounding</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>47</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>52</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">1.5</TD><TD STYLE="text-align: justify; width: 90%">Times of Day; Rates</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>53</U></FONT></TD></TR></TABLE>



<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: 5%">1.6</TD><TD STYLE="text-align: justify; width: 90%">Divisions</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>53</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>1.7</U></FONT></TD><TD STYLE="text-align: justify; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Interest
                                            Rate</U></FONT></TD>
                                                                                                                                     <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>53</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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;II</B><BR>
<B>The Commitments and Credit Extensions</B></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 5%">2.1</TD><TD STYLE="text-align: justify; width: 90%">The Loans</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>53</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.2</TD><TD STYLE="text-align: justify; width: 90%">Borrowings, Conversions and Continuations of Loans</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>54</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.3</TD><TD STYLE="text-align: justify; width: 90%">[Reserved]</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></TABLE>



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<TD STYLE="width: 5%">2.4</TD><TD STYLE="text-align: justify; width: 90%">[Reserved]</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></TABLE>



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<TD STYLE="width: 5%">2.5</TD><TD STYLE="text-align: justify; width: 90%">Prepayments</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></TABLE>



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<TD STYLE="width: 5%">2.6</TD><TD STYLE="text-align: justify; width: 90%">Termination or Reduction of Commitments</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>53</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>59</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.7</TD><TD STYLE="text-align: justify; width: 90%">Repayment of Obligations</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>53</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>59</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.8</TD><TD STYLE="text-align: justify; width: 90%">Interest</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>59</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.9</TD><TD STYLE="text-align: justify; width: 90%">Fees</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>60</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.10</TD><TD STYLE="text-align: justify; width: 90%">Computation of Interest</TD>
                                                                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>60</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.11</TD><TD STYLE="text-align: justify; width: 90%">Evidence of Debt</TD>
                                                                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>60</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.12</TD><TD STYLE="text-align: justify; width: 90%">Payments Generally; Agent&rsquo;s Clawback</TD>
                                                                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>60</U></FONT></TD></TR></TABLE>


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<TD STYLE="width: 5%">2.13</TD><TD STYLE="text-align: justify; width: 90%">Sharing of Payments by Lenders</TD>
                                                                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>62</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.14</TD><TD STYLE="text-align: justify; width: 90%">Benchmark Replacement</TD>
                                                                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>62</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">2.15</TD><TD STYLE="text-align: justify; width: 90%">Defaulting Lenders</TD>
                                                                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>64</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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;III</B><BR>
<B>Taxes, Yield Protection and Illegality</B></FONT></P>

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

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<TD STYLE="width: 5%">3.1</TD><TD STYLE="text-align: justify; width: 90%">Taxes</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>65</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">3.2</TD><TD STYLE="text-align: justify; width: 90%">Illegality</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>62</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>69</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">3.3</TD><TD STYLE="text-align: justify; width: 90%">Inability to Determine Rates</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>69</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">3.4</TD><TD STYLE="text-align: justify; width: 90%">Increased Costs; Reserves on <FONT STYLE="color: red"><STRIKE>LIBOR
                                     Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
                                     </U></FONT>Loans</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>70</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">3.5</TD><TD STYLE="text-align: justify; width: 90%">Compensation for Losses</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>71</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">3.6</TD><TD STYLE="text-align: justify; width: 90%">Mitigation Obligations; Replacement of Lenders</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>72</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">3.7</TD><TD STYLE="text-align: justify; width: 90%">Survival</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>72</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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IV</B><BR>
<B>Conditions Precedent to Credit Extensions</B></FONT></P>

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

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<TD STYLE="width: 5%">4.1</TD><TD STYLE="text-align: justify; width: 90%">Conditions of Initial Credit Extension</TD>
                                                                                                          <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>72</U></FONT></TD></TR></TABLE>

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

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><U>Section</U></TD>
    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; width: 50%"><U>Page</U></TD></TR>
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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>Article&nbsp;V</B><BR>
<B>Representations and Warranties</B></FONT></P>

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

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<TD STYLE="width: 5%">5.1</TD><TD STYLE="text-align: justify; width: 90%">Existence, Qualification and Power</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>75</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.2</TD><TD STYLE="text-align: justify; width: 90%">Authorization; No Contravention</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>75</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.3</TD><TD STYLE="text-align: justify; width: 90%">Governmental Authorization; Other Consents</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>75</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.4</TD><TD STYLE="text-align: justify; width: 90%">Binding Effect</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>76</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.5</TD><TD STYLE="text-align: justify; width: 90%">Financial Statements; No Material Adverse Effect</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>76</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.6</TD><TD STYLE="text-align: justify; width: 90%">Litigation</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>76</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.7</TD><TD STYLE="text-align: justify; width: 90%">[Reserved]</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>76</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.8</TD><TD STYLE="text-align: justify; width: 90%">Ownership of Property; Liens</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>76</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.9</TD><TD STYLE="text-align: justify; width: 90%">Environmental Compliance</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></TABLE>



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<TD STYLE="width: 5%">5.10</TD><TD STYLE="text-align: justify; width: 90%">Insurance</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></TABLE>



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<TD STYLE="width: 5%">5.11</TD><TD STYLE="text-align: justify; width: 90%">Taxes</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>78</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.12</TD><TD STYLE="text-align: justify; width: 90%">ERISA Compliance</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>78</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.13</TD><TD STYLE="text-align: justify; width: 90%">Subsidiaries; Equity Interests</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>79</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.14</TD><TD STYLE="text-align: justify; width: 90%">Margin Regulations; Investment Company Act</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>79</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.15</TD><TD STYLE="text-align: justify; width: 90%">Disclosure</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>79</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.16</TD><TD STYLE="text-align: justify; width: 90%">Compliance with Laws</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>80</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.17</TD><TD STYLE="text-align: justify; width: 90%">Intellectual Property; Licenses, Etc.</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>80</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.18</TD><TD STYLE="text-align: justify; width: 90%">Labor Matters</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>80</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.19</TD><TD STYLE="text-align: justify; width: 90%">Security Documents</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>80</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.20</TD><TD STYLE="text-align: justify; width: 90%">Solvency</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.21</TD><TD STYLE="text-align: justify; width: 90%">Reserved</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.22</TD><TD STYLE="text-align: justify; width: 90%">Brokers</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.23</TD><TD STYLE="text-align: justify; width: 90%">Customer and Trade Relations</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.24</TD><TD STYLE="text-align: justify; width: 90%">Reserved</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.25</TD><TD STYLE="text-align: justify; width: 90%">Casualty</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.26</TD><TD STYLE="text-align: justify; width: 90%">OFAC/Sanctions; Anti-Corruption Laws; Anti-Money Laundering
                                      Laws</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>81</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">5.27</TD><TD STYLE="text-align: justify; width: 90%">Patriot Act</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></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"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VI</B><BR>
<B>Affirmative Covenants</B></FONT></P>

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

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<TD STYLE="width: 5%">6.1</TD><TD STYLE="text-align: justify; width: 90%">Financial Statements</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; 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></TABLE>



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<TD STYLE="width: 5%">6.2</TD><TD STYLE="text-align: justify; width: 90%">Certificates; Other Information</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>83</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.3</TD><TD STYLE="text-align: justify; width: 90%">Notices</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>84</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.4</TD><TD STYLE="text-align: justify; width: 90%">Payment of Taxes</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>86</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.5</TD><TD STYLE="text-align: justify; width: 90%">Preservation of Existence, Etc.</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>86</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.6</TD><TD STYLE="text-align: justify; width: 90%">Maintenance of Properties</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>86</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.7</TD><TD STYLE="text-align: justify; width: 90%">Maintenance of Insurance</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>86</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.8</TD><TD STYLE="text-align: justify; width: 90%">Compliance with Laws</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>87</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.9</TD><TD STYLE="text-align: justify; width: 90%">Books and Records; Accountants</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>87</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.10</TD><TD STYLE="text-align: justify; width: 90%">Inspection Rights</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>87</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.11</TD><TD STYLE="text-align: justify; width: 90%">Additional Guarantors</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>88</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.12</TD><TD STYLE="text-align: justify; width: 90%">Board Materials</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>88</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.13</TD><TD STYLE="text-align: justify; width: 90%">Information Regarding the Collateral</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>88</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.14</TD><TD STYLE="text-align: justify; width: 90%">[Reserved]</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>89</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.15</TD><TD STYLE="text-align: justify; width: 90%">Post-Closing Actions Relating to Collateral</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>89</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.16</TD><TD STYLE="text-align: justify; width: 90%">Further Assurances</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>89</U></FONT></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">&nbsp;</P>

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    <TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; width: 50%"><U>Page</U></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 5%">6.17</TD><TD STYLE="text-align: justify; width: 90%">Compliance with Terms of Leaseholds</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>89</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.18</TD><TD STYLE="text-align: justify; width: 90%">[Reserved]</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>89</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.19</TD><TD STYLE="text-align: justify; width: 90%">Maintenance of Ratings</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>89</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.20</TD><TD STYLE="text-align: justify; width: 90%">OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering
                                      Laws</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>90</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">6.21</TD><TD STYLE="text-align: justify; width: 90%">Conference Calls</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>90</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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VII</B><BR>
<B>Negative Covenants</B></FONT></P>

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

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<TD STYLE="width: 5%">7.1</TD><TD STYLE="text-align: justify; width: 90%">Liens</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>90</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.2</TD><TD STYLE="text-align: justify; width: 90%">Investments</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>90</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.3</TD><TD STYLE="text-align: justify; width: 90%">Indebtedness</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>90</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.4</TD><TD STYLE="text-align: justify; width: 90%">Fundamental Changes</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>90</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.5</TD><TD STYLE="text-align: justify; width: 90%">Dispositions</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>91</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.6</TD><TD STYLE="text-align: justify; width: 90%">Restricted Payments</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>91</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.7</TD><TD STYLE="text-align: justify; width: 90%">Prepayments of Indebtedness</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>92</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.8</TD><TD STYLE="text-align: justify; width: 90%">Change in Nature of Business</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>93</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.9</TD><TD STYLE="text-align: justify; width: 90%">Transactions with Affiliates</TD>
                                 <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>93</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.10</TD><TD STYLE="text-align: justify; width: 90%">Burdensome Agreements</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>87</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>94</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.11</TD><TD STYLE="text-align: justify; width: 90%">Use of Proceeds</TD>
                                  <TD STYLE="text-align: right; width: 5%">94</TD></TR></TABLE>



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<TD STYLE="width: 5%">7.12</TD><TD STYLE="text-align: justify; width: 90%">Amendment of Organization Documents and Material Indebtedness</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>95</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.13</TD><TD STYLE="text-align: justify; width: 90%">Fiscal Year</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>95</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.14</TD><TD STYLE="text-align: justify; width: 90%">Reserved</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>95</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">7.15</TD><TD STYLE="text-align: justify; width: 90%">Financial Covenants</TD>
                                  <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>96</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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VIII</B><BR>
<B>Events of Default and Remedies</B></FONT></P>

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

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<TD STYLE="width: 5%">8.1</TD><TD STYLE="text-align: justify; width: 90%">Events of Default</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>90</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>96</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">8.2</TD><TD STYLE="text-align: justify; width: 90%">Remedies Upon Event of Default</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>92</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>98</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">8.3</TD><TD STYLE="text-align: justify; width: 90%">Application of Funds</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>92</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>99</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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IX</B><BR>
<B>The Agent</B></FONT></P>

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

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<TD STYLE="width: 5%">9.1</TD><TD STYLE="text-align: justify; width: 90%">Appointment and Authority</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>100</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.2</TD><TD STYLE="text-align: justify; width: 90%">Rights as a Lender</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>100</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.3</TD><TD STYLE="text-align: justify; width: 90%">Exculpatory Provisions</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>100</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.4</TD><TD STYLE="text-align: justify; width: 90%">Reliance by Agent</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>101</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.5</TD><TD STYLE="text-align: justify; width: 90%">Delegation of Duties</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>101</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.6</TD><TD STYLE="text-align: justify; width: 90%">Resignation of Agent</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>102</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.7</TD><TD STYLE="text-align: justify; width: 90%">Non-Reliance on Agent and Other Lenders</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>102</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.8</TD><TD STYLE="text-align: justify; width: 90%">[Reserved]</TD>
                                                           <TD STYLE="text-align: right; width: 5%">102</TD></TR></TABLE>



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<TD STYLE="width: 5%">9.9</TD><TD STYLE="text-align: justify; width: 90%">Agent May&nbsp;File Proofs of Claim; Credit Bidding</TD>
                                                           <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>103</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.10</TD><TD STYLE="text-align: justify; width: 90%">Collateral and Guaranty Matters</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>104</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.11</TD><TD STYLE="text-align: justify; width: 90%">Notice of Transfer</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>104</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.12</TD><TD STYLE="text-align: justify; width: 90%">Agency for Perfection</TD>
                                                            <TD STYLE="text-align: right; width: 5%">104</TD></TR></TABLE>



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<TD STYLE="width: 5%">9.13</TD><TD STYLE="text-align: justify; width: 90%">Indemnification of Agent</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>105</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">9.14</TD><TD STYLE="text-align: justify; width: 90%">Relation among Lenders</TD>
                                                            <TD STYLE="text-align: right; width: 5%"><FONT STYLE="color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>105</U></FONT></TD></TR></TABLE>

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

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    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><U>Section</U></TD>
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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>Article&nbsp;X</B><BR>
<B>Miscellaneous</B></FONT></P>

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

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<TD STYLE="width: 5%">10.1</TD><TD STYLE="text-align: justify; width: 88%">Amendments, Etc.</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>105</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.2</TD><TD STYLE="text-align: justify; width: 88%">Notices; Effectiveness; Electronic Communications</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>100</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>107</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.3</TD><TD STYLE="text-align: justify; width: 88%">No Waiver; Cumulative Remedies</TD>
                                  <TD STYLE="text-align: right; width: 7%">108</TD></TR></TABLE>



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<TD STYLE="width: 5%">10.4</TD><TD STYLE="text-align: justify; width: 88%">Expenses; Indemnity; Damage Waiver</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>109</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.5</TD><TD STYLE="text-align: justify; width: 88%">Payments Set Aside</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>103</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>110</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.6</TD><TD STYLE="text-align: justify; width: 88%">Successors and Assigns</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>103</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>110</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.7</TD><TD STYLE="text-align: justify; width: 88%">[Reserved]</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>114</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.8</TD><TD STYLE="text-align: justify; width: 88%">Treatment of Certain Information; Confidentiality</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>114</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.9</TD><TD STYLE="text-align: justify; width: 88%">Right of Setoff</TD>
                                  <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>115</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.10</TD><TD STYLE="text-align: justify; width: 88%">Interest Rate Limitation</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>115</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.11</TD><TD STYLE="text-align: justify; width: 88%">Counterparts; Integration; Effectiveness</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>116</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.12</TD><TD STYLE="text-align: justify; width: 88%">Survival</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>116</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.13</TD><TD STYLE="text-align: justify; width: 88%">Severability</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>116</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.14</TD><TD STYLE="text-align: justify; width: 88%">Replacement of Lenders</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>116</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.15</TD><TD STYLE="text-align: justify; width: 88%">Governing Law; Jurisdiction; Etc.</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>117</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.16</TD><TD STYLE="text-align: justify; width: 88%">Waiver of Jury Trial</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>118</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.17</TD><TD STYLE="text-align: justify; width: 88%">No Advisory or Fiduciary Responsibility</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>118</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.18</TD><TD STYLE="text-align: justify; width: 88%">USA PATRIOT Act Notice</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>119</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.19</TD><TD STYLE="text-align: justify; width: 88%">Foreign Asset Control Regulations</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>119</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.20</TD><TD STYLE="text-align: justify; width: 88%">Time of the Essence</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>119</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.21</TD><TD STYLE="text-align: justify; width: 88%">Press Releases</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>119</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.22</TD><TD STYLE="text-align: justify; width: 88%">Releases</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>120</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.23</TD><TD STYLE="text-align: justify; width: 88%">No Strict Construction</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>120</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.24</TD><TD STYLE="text-align: justify; width: 88%">Attachments</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>121</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.25</TD><TD STYLE="text-align: justify; width: 88%">Electronic Execution of Assignments and Certain Other
                                       Documents</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>121</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.26</TD><TD STYLE="text-align: justify; width: 88%">Intercreditor Agreement</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>121</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.27</TD><TD STYLE="text-align: justify; width: 88%">Additional Waivers</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>121</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 5%">10.28</TD><TD STYLE="text-align: justify; width: 88%">Acknowledgement and Consent to Bail-In of EEA Financial
                                       Institutions</TD>
                                   <TD STYLE="text-align: right; width: 7%"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>122</U></FONT></TD></TR></TABLE>

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

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  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; width: 95%">SIGNATURES</TD>
    <TD STYLE="text-align: right; font: bold 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-style: normal; font-weight: normal">S-1</FONT></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">&nbsp;</P>

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

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

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<TD STYLE="width: 0.75in">2.1</TD><TD>Commitments</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">5.18</TD><TD>Collective Bargaining Agreements</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">6.15</TD><TD>Post-Closing Actions Relating to Collateral</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">7.1</TD><TD>Existing Liens</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">7.2</TD><TD>Existing Investments</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">7.3</TD><TD>Existing Indebtedness</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">7.9</TD><TD>Transactions with Affiliates</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">10.2</TD><TD>Agent&rsquo;s Office; Certain Addresses for Notices</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"><B>EXHIBITS</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: 0.75in"><B><I>Form&nbsp;of</I></B></P>

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

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<TD STYLE="width: 0.75in">A</TD><TD>Committed Loan Notice</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">B</TD><TD>[Reserved]</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">C</TD><TD>Note</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">D</TD><TD>Compliance Certificate</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">E</TD><TD>Assignment and Assumption</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">F-1</TD><TD>U.S. Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">F-2</TD><TD>U.S. Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes)</TD></TR></TABLE>



<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">F-3</TD><TD>U.S. Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes)</TD></TR></TABLE>



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<TD STYLE="width: 0.75in">F-4</TD><TD>U.S. Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)</TD></TR></TABLE>

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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">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">This TERM LOAN CREDIT AGREEMENT
is entered into as of September&nbsp;9, 2020, among <B>LANDS&rsquo; END,&nbsp;INC.</B>, a Delaware corporation (the &ldquo;<U>Borrower</U>&rdquo;),
each Person from time to time party hereto as a lender (collectively, the &ldquo;<U>Lenders</U>&rdquo; and individually, a &ldquo;<U>Lender</U>&rdquo;)
and <B>FORTRESS CREDIT CORP.</B>, as administrative agent and collateral 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"><U>W I T N E S S E T 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">The Borrower has requested
that the Lenders provide a term loan credit facility, and the Lenders have indicated their willingness to lend on the terms and 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-align: justify; text-indent: 1in">The proceeds of the Loans made
on the Closing Date will be used for working capital and other general corporate purposes of the Loan Parties and to refinance Indebtedness
under the Existing Term Loan 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">In consideration of the mutual
covenants and agreements herein contained, the parties hereto covenant and 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"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;I</B></FONT><B><BR>
Definitions and Accounting Terms</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: 1in"><B>1.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239; Defined
Terms</B>. As used in this Agreement, the following terms shall have the meanings set forth 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-align: justify; text-indent: 1in">&ldquo;<U>ABL Agent</U>&rdquo;
has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Credit Agreement</U>&rdquo;
has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Facility</U>&rdquo;
means the revolving facility pursuant to that certain ABL 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>ABL Intercreditor
Agreement</U>&rdquo; means (a)&nbsp;that certain Intercreditor Agreement, dated as of April&nbsp;4, 2014, among the Agent as successor
 &ldquo;Term Agent&rdquo;, the ABL Agent and the applicable Loan Parties, as amended by that certain Intercreditor Agreement Joinder,
dated as of November&nbsp;16, 2017, by the ABL Agent and that certain Intercreditor Agreement Joinder, dated as of the date hereof, by
the Agent and as may be further amended, restated, or otherwise modified in accordance with the terms of such agreement from time to
time or (b)&nbsp;a customary intercreditor agreement in form and substance reasonably acceptable to the Agent and the Borrower entered
into as a replacement of the ABL Intercreditor Agreement specified in clause (a)&nbsp;in connection with a Refinancing of the ABL Facility
in accordance with the terms hereof and of the ABL Intercreditor Agreement.</P>

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



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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>ABL Lender</U>&rdquo;
has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Loan Document</U>&rdquo;
has the meaning assigned to the term &ldquo;ABL Documents&rdquo; as defined in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Loan Party</U>&rdquo;
has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Obligations</U>&rdquo;
shall mean all &ldquo;Obligations&rdquo; or similar term as defined in the ABL Credit Agreement, whether for principal, interest, reimbursement
of amounts drawn under letters of credit, payments for early termination of Swap Contracts (as defined in the ABL Credit Agreement),
fees, expenses, indemnification or otherwise, and all other amounts owing or due under the terms of the ABL Loan Documents (including
interest, fees, indemnification payments, expense reimbursements and other amounts which, but for the filing of a petition in bankruptcy
with respect to any ABL Loan Party, would have accrued on or been payable with respect to any ABL Obligation, whether or not a claim
is allowed against such ABL Loan Party for such interest, fees, indemnification payments, expense reimbursements and other amounts in
the related bankruptcy proceeding), as amended, restated, amended and restated, modified, renewed, refunded, replaced or Refinanced in
whole or in part from time to time in accordance with the terms hereof and <FONT STYLE="color: red"><B><STRIKE>and </STRIKE></B></FONT>the
terms of the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Priority Collateral</U>&rdquo;
has the meaning assigned to the term &ldquo;ABL Priority Collateral&rdquo; as defined in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ABL Refinancing Conditions</U>&rdquo;
means that the following conditions must be met with respect to any applicable amendment, restatement, amendment and restatement, supplement,
modification, substitution, Refinancing, renewal or replacement of the ABL Loan Documents: (i)&nbsp;the final maturity shall be no sooner
than, and shall have a weighted average life (measured as of the date of such amendment, restatement, amendment and restatement, supplement,
modification, substitution, Refinancing, renewal or replacement) no less than, that applicable to the ABL Facility on the date hereof;
(ii)&nbsp;the &ldquo;all-in yield&rdquo; (it being understood that &ldquo;all-in yield&rdquo; shall (A)&nbsp;include any applicable margin,
rate floor, closing fees, up-front fees and/or original issue discount (with closing fees, up-front fees and original issue discount
being equated to interest margins based on an assumed four-year average life to maturity; provided, that &ldquo;all-in yield&rdquo; shall
not include unused line fees or customary agency fees, arrangement fees, structuring fees, underwriting fees, or other fees, in each
case that are not paid to, or shared with, generally all lenders providing such Indebtedness) and (B)&nbsp;exclude (i)&nbsp;any Default
Rate (as defined in the ABL Credit Agreement in effect as of the date hereof) and (ii)&nbsp;any one-time amendment, waiver or consent
fees that are not associated with an extension of the maturity of the ABL Obligations or any replacement thereof) is not greater than
the &ldquo;all-in yield&rdquo; under the ABL Facility in effect as of the Closing Date (calculated in accordance with clause (ii)&nbsp;of
this definition) by more than an absolute value increase of 2.0%, and no ABL Loan Party or Loan Party or any Affiliate thereof shall
become a ABL Lender or participant or be granted any voting rights, under any ABL Loan Document; (iii)&nbsp;the unused line fee with
respect to the ABL Facility shall not exceed 0.75% per annum; (iv)&nbsp;the principal Indebtedness (or commitments) thereunder does not
exceed the Maximum ABL Principal Amount (including as a result of any exercise of an incremental or accordion facility (including via
Commitment Increases (as defined in the ABL Credit Agreement in effect as of the date hereof))); (v)&nbsp;in the case of any secured
Refinancing, substantially concurrently with the entry into definitive documentation evidencing such Indebtedness, the lenders thereunder
shall enter into the ABL Intercreditor Agreement and shall, in addition, prohibit amendments to the documents governing such Indebtedness
in violation of this Agreement; (vi)&nbsp;no additional categories of Liens are granted to secure it unless such categories of Liens
also secure the Obligations; (vii)&nbsp;no additional Person is obligated on such Indebtedness unless such additional Person also is
or becomes an obligor on the Obligations; (viii)&nbsp;it does not include any limitations on the ability of the Loan Parties to make
payments under this Agreement other than those contained in the ABL Credit Agreement and in the ABL Intercreditor Agreement in effect
on the date hereof; provided, that, notwithstanding the foregoing, any amendment, supplement or other modification of any ABL Loan Document
to include additional assets in the definition of Collateral (as defined in the ABL Credit Agreement) in accordance with the ABL Intercreditor
Agreement shall be permitted and (ix)&nbsp;the Refinanced ABL Loan Documents shall be a revolving facility with a customary borrowing
base.</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-align: justify; text-indent: 1in">&ldquo;<U>ABL Secured Parties</U>&rdquo;
has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Account</U>&rdquo;
means &ldquo;accounts&rdquo; as defined in the UCC, and also means a right to payment of a monetary obligation, whether or not earned
by performance, (a)&nbsp;for property that has been or is to be sold, leased, licensed, assigned, or otherwise disposed of, or (b)&nbsp;for
services rendered or to be rendered.</P>

<P STYLE="font: 10pt 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>ACH</U>&rdquo; means
automated clearing house transfers.</P>

<P STYLE="font: 10pt 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>Acquired EBITDA</U>&rdquo;
means, with respect to any Acquired Entity or Business for any period, the amount for such period of Consolidated EBITDA of such Acquired
Entity or Business all as determined on a consolidated basis for such Acquired Entity or Business, 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">&ldquo;<U>Acquired Entity or
Business</U>&rdquo; means any Person, property, business or asset acquired by the Borrower or any Restricted Subsidiary during any period
to the extent not subsequently sold, transferred or otherwise disposed of by the Borrower or such Restricted Subsidiary during such 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-align: justify; text-indent: 1in">&ldquo;<U>Acquisition</U>&rdquo;
means, with respect to any Person (a)&nbsp;a purchase of a Controlling interest in the Equity Interests of any other Person, (b)&nbsp;a
purchase or other acquisition of all or substantially all of the assets or properties of another Person or of any business unit, division
or line of business of another Person, or (c)&nbsp;any merger or consolidation of such Person with any other Person or other transaction
or series of transactions resulting in the acquisition of all or substantially all of the assets, or of any business unit, division or
line of business, of another Person, or a Controlling interest in the Equity Interests, of any other Person, in each case in any transaction
or series of transactions which are part of a common plan but in each case excluding any acquisition solely of Store locations or other
interests in real 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>Act</U>&rdquo; shall
have the meaning provided in <U>Section&nbsp;10.18</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">&ldquo;<U>Administrative Questionnaire</U>&rdquo;
means an Administrative Questionnaire in a form supplied by the 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">&ldquo;<U>Affiliate</U>&rdquo;
means, with respect to any Person, (i)&nbsp;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, and (ii)&nbsp;any director, officer, managing member, partner,
trustee, or beneficiary of that 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-align: justify; text-indent: 1in">&ldquo;<U>Agent</U>&rdquo;
means Fortress in its capacity as administrative agent and collateral agent under any of the Loan Documents, 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-align: justify; text-indent: 1in; color: Green"><FONT STYLE="color: Green"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Agent Parties</STRIKE></U><STRIKE>&rdquo; shall have the meaning specified in </STRIKE><U><STRIKE>Section&nbsp;10.2(c)</STRIKE></U><STRIKE>.</STRIKE></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Agent&rsquo;s Office</U>&rdquo;
means the Agent&rsquo;s address and, as appropriate, account as set forth on <U>Schedule&nbsp;10.2</U>, or such other address or account
as the Agent may from time to time notify the Borrower and 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-align: justify; text-indent: 1in; color: Green"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Agent
Parties&rdquo; shall have the meaning specified in Section&nbsp;10.2(c).</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">&ldquo;<U>Agreement</U>&rdquo;
means this Term Loan Credit Agreement as it 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-align: justify; text-indent: 1in">&ldquo;<U>Anti-Corruption Laws</U>&rdquo;
means the FCPA, the U.K. Bribery Act of 2010, as amended, and all other applicable laws and regulations or ordinances concerning or relating
to bribery, money laundering or corruption in any jurisdiction in which any Loan Party or any of its Subsidiaries or Affiliates is located
or is doing 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-align: justify; text-indent: 1in">&ldquo;<U>Anti-Money Laundering
Laws</U>&rdquo; means the applicable laws or regulations in any jurisdiction in which any Loan Party or any of its Subsidiaries or Affiliates
is located or is doing business that relates to money laundering, any predicate crime to money laundering, or any financial record keeping
and reporting requirements 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>Applicable Lenders</U>&rdquo;
means the Required Lenders, all affected Lenders, or all Lenders, 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-align: justify; text-indent: 1in">&ldquo;<U>Applicable Margin</U>&rdquo;
means 8.75% per annum for Base Rate Loans and 9.75% per annum for <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</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; text-align: justify; text-indent: 1in">&ldquo;<U>Applicable Percentage</U>&rdquo;
means, at any time (a)&nbsp;with respect to any Lender with a Commitment, the percentage equal to a fraction the numerator of which is
the amount of such Lender&rsquo;s Commitment at such time and the denominator of which is the aggregate amount of all Commitments of
all Lenders, and (b)&nbsp;with respect to the Loans, a percentage equal to a fraction the numerator of which is such Lender&rsquo;s Outstanding
Amount of the Loans and the denominator of which is the aggregate Outstanding Amount of all 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-align: justify; text-indent: 1in">&ldquo;<U>Applicable Prepayment
Premium</U>&rdquo; shall mean, with respect to any prepayments of the principal of the Loan in connection with a Prepayment Event occurring
prior to the fourth anniversary of the Closing Date, a premium equal to: (a)&nbsp;on any date on or prior to the date that is twenty-four
(24) months after the Closing Date, payment of all interest that would have accrued on the Loans (assuming no change in <FONT STYLE="color: red"><STRIKE>the
LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT>, and if a Default exists at the time of calculation, assuming that the Default Rate applies) until the date that is twenty-four
(24) months after the Closing Date, plus a premium of three percent (3.00%) of the principal amount of the Loan so prepaid, repaid, refinanced
or amended, (b)&nbsp;after the date that is twenty-four (24) months after the Closing Date but on or prior to the date that is thirty-six
(36) months after the Closing Date (or if such date is not a Business Day, the previous Business Day), three percent (3.00%) of the principal
amount of the Loan so prepaid, repaid, refinanced or amended and (c)&nbsp;after the date that is thirty-six (36) months after the Closing
Date (or if such date is not a Business Day, the previous Business Day) but on or prior to the date that is forty-eight (48) months after
the Closing Date, one percent (1.00%) of the principal amount of the Loan so prepaid, repaid, refinanced or amended, in each case, including
such prepayment, repayment, refinancing or amendment in connection with (u)&nbsp;a Change of Control, (v)&nbsp;an acceleration of the
Loan as a result of the occurrence of an Event of Default, (w)&nbsp;foreclosure and sale of, or collection of, the Collateral in connection
with the exercise of remedies by the Agent and Lenders following an Event of Default, (x)&nbsp;sale of the Collateral in any Insolvency
Proceeding of any Loan Party, (y)&nbsp;the restructure, reorganization, or compromise of the Loan by the confirmation of a plan of reorganization
or any other plan of compromise, restructure, or arrangement in any Insolvency Proceeding of any Loan Party or any of its Subsidiaries,
or (z)&nbsp;the termination of <FONT STYLE="color: red"><STRIKE>the Credit</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>this
</U></FONT>Agreement for any reason (other than in connection with a repayment in full of the Obligations that would not otherwise constitute
a Prepayment Event).</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-align: justify; text-indent: 1in">&ldquo;<U>Approved Fund</U>&rdquo;
means any Fund that is administered or managed by (a)&nbsp;a Lender, (b)&nbsp;an Affiliate of a Lender (c)&nbsp;an entity or an Affiliate
of an entity that administers or manages a Lender, or (d)&nbsp;the same investment advisor or an advisor under common control with such
Lender, Affiliate or advisor, 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">&ldquo;<U>Asset Sale</U>&rdquo;
means any Disposition or series of related Dispositions involving assets with a fair market value in excess of $1,000,000 in the aggregate
per Fiscal Year or $2,500,000 in the aggregate (other than Dispositions permitted under <U>clauses (a)</U>, <U>(c)</U>, <U>(d)</U>, <U>(e)</U>,
<U>(f)</U>, <U>(g)</U>, <U>(h)</U>, <U>(i)</U>, <U>(j)</U>, <U>(k)</U>, <U>(l)</U>, <U>(m)</U>, <U>(n)</U>, <U>(o)</U>, <U>(q)</U>&nbsp;or
<U>(r)</U>&nbsp;of the definition of Permitted 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-align: justify; text-indent: 1in">&ldquo;<U>Assignee Group</U>&rdquo;
means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the same investment
advisor.</P>

<P STYLE="font: 10pt 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>Assignment and Assumption</U>&rdquo;
means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any party whose consent is
required by <U>Section&nbsp;10.6(b)</U>), and accepted by the Agent, in substantially the form of <U>Exhibit&nbsp;E</U> or any other
form approved by the 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">&ldquo;<U>Attributable Indebtedness</U>&rdquo;
means, on any date, (a)&nbsp;in respect of any Capital Lease Obligation of any Person, the capitalized amount thereof that would appear
on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b)&nbsp;in respect of any Synthetic Lease Obligation,
the capitalized amount of the remaining lease or similar payments under the relevant lease or other applicable agreement or instrument
that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease, agreement or instrument
were accounted for as a capital lease.</P>

<P STYLE="font: 10pt 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>Audited Financial
Statements</U>&rdquo; means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the Fiscal Year ended January&nbsp;31,
2020, and the related consolidated statements of income or operations, Shareholders&rsquo; Equity and cash flows for such Fiscal Year
of the Borrower and its Subsidiaries, including the notes 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; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Available
Tenor&rdquo; means, as of any date of determination and with respect to the then-current Benchmark, as applicable, (x)&nbsp;if any such
Benchmark is a term rate, any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an
Interest Period pursuant to this Agreement or (y)&nbsp;otherwise, any payment period for interest calculated with reference to such Benchmark
(or component thereof) that is or may be used for determining any frequency of making payments of interests calculated with reference
to such Benchmark, in each case, as of such date and not including</U></FONT><U><FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt">,
for the avoidance of doubt,&nbsp;</FONT></U><U><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">any
tenor for such Benchmark that is then-removed from the definition of &ldquo;Interest Period&rdquo; pursuant to clause (e)&nbsp;of Section&nbsp;2.14.</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-align: justify; text-indent: 1in">&ldquo;<U>Bail-In Action</U>&rdquo;
means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of
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-align: justify; text-indent: 1in">&ldquo;<U>Bail-In Legislation</U>&rdquo;
means, 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 for such EEA Member Country from time to time that is described in the EU Bail-In
Legislation Schedule.</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-align: justify; text-indent: 1in">&ldquo;<U>Base Rate</U>&rdquo;
means for any day a floating rate equal to the greater of (i)&nbsp;the Prime Rate in effect on such date (or, if The Wall Street Journal
ceases quoting a Prime Rate of the type described, either (A)&nbsp;the per annum rate quoted as the base rate on such corporate loans
in a different national publication as reasonably selected by the Agent or (B)&nbsp;the highest per annum rate of interest published
by the Federal Reserve Board in Federal Reserve statistical release H.15 (519) entitled &ldquo;Selected Interest Rates&rdquo; as the
bank prime loan rate or its equivalent), (ii)&nbsp;the Federal Funds Rate in effect on such day, <U>provided</U> that the Federal Funds
Rate shall not be less 0.00%, <U>plus</U> &frac12; of 1%, and (iii)<FONT STYLE="color: red"><STRIKE>&nbsp;the LIBOR Rate on such date
for an Interest Period of one month </STRIKE><U><STRIKE>plus</STRIKE></U> <STRIKE>1.00% per annum</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR for a one-month tenor in effect on such day (or if such day is not a Business Day, the immediately preceding Business Day) (taking
into account the Floor) plus one percent (1.00%) per annum; provided, further, that if at any time Term SOFR is not available, Base Rate
shall be calculated without reference to clause (c)&nbsp;above</U></FONT>. Changes in the rate of interest on that portion of any Loans
maintained as Base Rate Loans will take effect one Business Day following each change in the 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-align: justify; text-indent: 1in">&ldquo;<U>Base Rate Loan</U>&rdquo;
means a Loan that bears interest based on the 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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Base
Rate SOFR Adjustment&rdquo; has the meaning specified in the definition of &ldquo;Term SOFR&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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Base
Rate Term SOFR Determination Day&rdquo; has the meaning specified in the definition of &ldquo;Term SOFR&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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Benchmark&rdquo;
means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR
Reference Rate or the then-current Benchmark, then &ldquo;Benchmark&rdquo; means the applicable Benchmark Replacement to the extent that
such Benchmark Replacement has replaced such prior benchmark rate pursuant to clause (a)&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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Benchmark
Replacement&rdquo; means the first alternative set forth in the order below that can be determined by the Agent for the applicable Benchmark
Replacement 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; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Daily
Simple SOFR; 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="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="color: red"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Benchmark
Replacement</STRIKE></U><STRIKE>&rdquo; means </STRIKE></FONT>the sum of: (<FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>i</U></FONT>)
the alternate benchmark rate <FONT STYLE="color: red"><STRIKE>(which may include Term SOFR) </STRIKE></FONT>that has been selected by
the Agent and the Borrower giving due consideration to (<FONT STYLE="color: red"><STRIKE>i</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>A</U></FONT>)
any selection or recommendation of a replacement <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>benchmark
</U></FONT>rate or the mechanism for determining such <FONT STYLE="color: red"><STRIKE>a </STRIKE></FONT>rate by the Relevant Governmental
Body or (<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>B</U></FONT>)
any evolving or then-prevailing market convention for determining a <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>benchmark
</U></FONT>rate <FONT STYLE="color: red"><STRIKE>of interest </STRIKE></FONT>as a replacement to the <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>then-current
Benchmark</U></FONT> for U.S. dollar-denominated syndicated credit facilities and (b)&nbsp;the <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>related
</U></FONT>Benchmark Replacement Adjustment<FONT STYLE="color: red"><STRIKE>; provided that, if </STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><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-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>If
</U></FONT>the Benchmark Replacement as <FONT STYLE="color: red"><STRIKE>so </STRIKE></FONT>determined <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>pursuant
to clause (a)&nbsp;or clause (b)&nbsp;above </U></FONT>would be less than <FONT STYLE="color: red"><STRIKE>1.00%,</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
Floor (which shall be calculated after increasing</U></FONT> the Benchmark <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Replacement
by any Benchmark Replacement Adjustment), then the Benchmark </U></FONT>Replacement will be deemed to be <FONT STYLE="color: red"><STRIKE>1.00%</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
Floor</U></FONT> for <FONT STYLE="color: red"><STRIKE>the </STRIKE></FONT>purposes of this Agreement <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
the other Loan 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark Replacement
Adjustment</U>&rdquo; means, with respect to any replacement of the <FONT STYLE="color: red"><STRIKE>LIBOR Rate with an Unadjusted</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>then-current
Benchmark with a</U></FONT> Benchmark Replacement <FONT STYLE="color: red"><STRIKE>for each applicable Interest Period, </STRIKE></FONT>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 Agent and the Borrower 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 <FONT STYLE="color: red"><STRIKE>the
LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>such
Benchmark</U></FONT> with the applicable <FONT STYLE="color: red"><STRIKE>Unadjusted </STRIKE></FONT>Benchmark Replacement by the Relevant
Governmental Body 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 <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>such
Benchmark</U></FONT> with the applicable <FONT STYLE="color: red"><STRIKE>Unadjusted </STRIKE></FONT>Benchmark Replacement for U.S. <FONT STYLE="color: red"><STRIKE>dollar</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>dollar-</U></FONT>denominated syndicated credit facilities <FONT STYLE="color: red"><STRIKE>at such time</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"><STRIKE><FONT STYLE="color: red">&ldquo;<U>Benchmark
Replacement </U></FONT><FONT STYLE="color: green"><U>Conforming Changes</u>&rdquo; means, with respect to any
Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of </FONT><FONT STYLE="color: red">Base
Rate, the definition of Interest Period</FONT><FONT STYLE="color: green">, timing and frequency of
determining rates and making payments of interest <FONT STYLE="color: red">and other administrative
matters</FONT><FONT STYLE="color: green">) that the Agent decides, in consultation with the Borrower
(provided that the Agent&rsquo;s decision shall be conclusive), may be appropriate to reflect the adoption and implementation of </FONT><FONT STYLE="color: red">such
Benchmark Replacement and to permit the </FONT><FONT STYLE="color: green">administration thereof by
the Agent in a manner substantially consistent with market practice (or, if the Agent decides that adoption of any portion of such market
practice is not administratively feasible or if</FONT> <FONT STYLE="color: red">the</FONT> <FONT STYLE="color: green">Agent
determines that no market practice for the administration of </FONT><FONT STYLE="color: red">the Benchmark Replacement </FONT><FONT STYLE="color: green">exists,
in such other manner of administration as</FONT> <FONT STYLE="color: red">the </FONT><FONT STYLE="color: green">Agent decides, in consultation
with the Borrower (provided that the Agent&rsquo;s decision shall be conclusive), is reasonably necessary in connection with the administration
of this Agreement</FONT><FONT STYLE="color: red">).</FONT></FONT></STRIKE></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: 1in">&ldquo;<U>Benchmark Replacement
Date</U>&rdquo; means <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a
date and time determined by the Agent, which date shall be no later than </U></FONT>the earlier to occur of the following events with
respect to the <FONT STYLE="color: red"><STRIKE>LIBOR Rate: </STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><STRIKE>(1)&nbsp;</STRIKE></FONT>in
the case of clause (<FONT STYLE="color: red"><STRIKE>1</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a</U></FONT>)
or (<FONT STYLE="color: red"><STRIKE>2</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>b</U></FONT>)
of the definition of Benchmark Transition Event, the later of (<FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>i</U></FONT>)
the date of the public statement or publication of information referenced therein and (<FONT STYLE="color: red"><STRIKE>b</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>ii</U></FONT>)
the date on which the administrator of <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>such
Benchmark (or the published component used in the calculation thereof)</U></FONT> permanently or indefinitely ceases to provide <FONT STYLE="color: red"><STRIKE>the
LIBOR Rate; or (2)&nbsp;</STRIKE></FONT><STRIKE><FONT STYLE="color: Green">in the case of clause (</FONT><FONT STYLE="color: red">3)&nbsp;of
the definition of Benchmark Transition Event, the date of the public statement or publication of information referenced therein. </FONT></STRIKE><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>all
Available Tenors of such Benchmark (or such component</U></FONT> there<FONT STYLE="color: red"><STRIKE>in</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>of</U></FONT><FONT STYLE="color: red"><STRIKE>. </STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><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-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>in
the case of clause (c)&nbsp;of the definition of &ldquo;Benchmark Transition Event,&rdquo; the first date on which such Benchmark (or
the published component used in the calculation thereof) has been determined and announced by or on behalf of the administrator of such
Benchmark (or such component thereof) or the regulatory supervisor for the administrator of such Benchmark (or such component thereof)
to be non-representative or non-compliant with or non-aligned with the International Organization of Securities Commissions (IOSCO) Principles
for Financial Benchmarks; provided that such non-representativeness, non-compliance or non-alignment will be determined by reference
to the most recent statement or publication referenced in such clause (c)&nbsp;and even if any Available Tenor of such Benchmark (or
such component thereof) continues to be provided on such 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=" color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>For
the avoidance of doubt, the &ldquo;Benchmark Replacement Date&rdquo; will be deemed to have occurred <FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U><FONT STYLE="">in the
case of clause</FONT></U></FONT> (a)&nbsp;or (b)&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>

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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; color: blue"><FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Benchmark
Transition Event&rdquo; means the occurrence of one or more of the following events with respect to the</U></FONT><U><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&nbsp;then-current
Benchmark:</FONT></U></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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: Green"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Benchmark
Transition Event</STRIKE></U><STRIKE>&rdquo; means the occurrence of one or more of the following events with respect to the</STRIKE></FONT><STRIKE>
<FONT STYLE="color: red">LIBOR Rate: (1)&nbsp;</FONT></STRIKE>a public statement or publication of information by or on behalf of the
administrator of <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>such
Benchmark (or the published component used in the calculation thereof)</U></FONT> announcing that such administrator has ceased or will
cease to provide <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>all
Available Tenors of such Benchmark (or such component thereof)</U></FONT>, permanently or indefinitely, provided that, at the time of
such statement or publication, there is no successor administrator that will continue to provide <FONT STYLE="color: red"><STRIKE>the
LIBOR Rate; (2)&nbsp;</STRIKE></FONT><STRIKE><FONT STYLE="color: Green">a public statement or publication of information by the regulatory
supervisor for the administrator of</FONT> <FONT STYLE="color: red">the LIBOR Rate, the U.S. Federal Reserve System</FONT><FONT STYLE="color: Green">,
an insolvency official with jurisdiction over the administrator for</FONT> <FONT STYLE="color: red">the LIBOR Rate</FONT><FONT STYLE="color: Green">,
a resolution authority with jurisdiction over the administrator for</FONT> <FONT STYLE="color: red">the LIBOR Rate </FONT><FONT STYLE="color: Green">or
a court or an entity with similar insolvency or resolution authority over the administrator for</FONT> <FONT STYLE="color: red">the LIBOR
Rate</FONT><FONT STYLE="color: Green">, which states that the administrator of</FONT> <FONT STYLE="color: red">the LIBOR Rate </FONT><FONT STYLE="color: Green">has
ceased or will cease to provide</FONT> <FONT STYLE="color: red">the LIBOR Rate </FONT><FONT STYLE="color: Green">permanently or indefinitely,
provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide</FONT>
<FONT STYLE="color: red">the LIBOR Rate; or (3)&nbsp;</FONT><FONT STYLE="color: Green">a public statement or publication of information
by the regulatory supervisor for the administrator of</FONT> <FONT STYLE="color: red">the LIBOR Rate announcing that the LIBOR Rate is
no longer representative.</FONT></STRIKE><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>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-align: justify; text-indent: 1in; color: red"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Benchmark
Transition Start Date</STRIKE></U><STRIKE>&rdquo; means (a)&nbsp;in the case of a Benchmark Transition Event, the earlier of (i)&nbsp;the
applicable Benchmark Replacement Date and (ii)&nbsp;if such Benchmark Transition Event is a public statement or publication of information
of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information
(or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement
or publication) and (b)&nbsp;in the case of an Early Opt-in Election, the date specified by the Agent or the Required Lenders, as applicable,
by notice to the Borrower, the Agent (in the case of such notice by the Required Lenders) and the Lenders.</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-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><FONT STYLE="color: blue">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a
public statement or publication of information by the regulatory supervisor for the administrator of</U></FONT><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">such
Benchmark (or the published component used in the calculation thereof), the Federal Reserve Board, the Federal Reserve Bank of New York</FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">,
an insolvency official with jurisdiction over the administrator for&nbsp;</FONT></U><U><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">such
Benchmark (or such component)</FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">,
a resolution authority with jurisdiction over the administrator for</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">such
Benchmark (or such component) </FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">or
a court or an entity with similar insolvency or resolution authority over the administrator for </FONT></U><U><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">such
Benchmark (or such component)</FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">,
which states that the administrator of</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">such
Benchmark (or such component) </FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">has
ceased or will cease to provide </FONT></U><U><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">all
Available Tenors of such Benchmark (or such component thereof) </FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">permanently
or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue
to provide</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">any
Available Tenor of such Benchmark (or such component thereof); or</FONT></U>&nbsp;</P>

<P STYLE="font: 10pt Times New 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; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: Green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a
public statement or publication of information by</U></FONT><U> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">or
on behalf of the administrator of such Benchmark (or the published component used in the calculation thereof) or </FONT></U><U><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: Green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">the
regulatory supervisor for the administrator of</FONT></U><U> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">such
Benchmark (or such component thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are not, or
as of a specified future date will not be representative or in compliance with or aligned with the International Organization of Securities
Commissions (IOSCO Principles for Financial Benchmarks).</FONT></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="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</U></FONT><U> <FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">have
occurred with respect to </FONT></U><U><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">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).</FONT></U></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"></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Benchmark Unavailability
Period</U>&rdquo; means<FONT STYLE="color: red"><U><STRIKE>, if a Benchmark Transition Event </STRIKE></U></FONT><FONT STYLE="color: Green"><STRIKE>and
its related Benchmark Replacement Date have occurred with respect to</STRIKE></FONT><STRIKE> <FONT STYLE="color: red">the LIBOR Rate and
solely to the extent that the LIBOR Rate has not been replaced with a Benchmark Replacement, </FONT></STRIKE> the period <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(if
any) </U></FONT>(x)&nbsp;beginning at the time that <FONT STYLE="color: red"><STRIKE>such</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a
</U></FONT>Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>then-current
Benchmark</U></FONT> for all purposes hereunder <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
under any Loan Document </U></FONT>in accordance with <U>Section&nbsp;2.14</U> and (y)&nbsp;ending at the time that a Benchmark Replacement
has replaced the <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>then-current
Benchmark</U></FONT> for all purposes hereunder <FONT STYLE="color: red"><STRIKE>pursuant to</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
under any Loan Document in accordance with</U></FONT><U> Section&nbsp;2.14</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">&ldquo;<U>Borrower</U>&rdquo;
has the meaning specified in the introductory paragraph 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>Borrower Materials</U>&rdquo;
has the meaning specified in <U>Section&nbsp;6.2</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">&ldquo;<U>Borrowing</U>&rdquo;
means Loans of the same Type and currency, made, Converted or continued on the same date and, in the case of <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans, as to which a single Interest Period is in 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-align: justify; text-indent: 1in">&ldquo;<U>Borrowing Base</U>&rdquo;
has the meaning specified in the ABL Credit Agreement as in effect on the Closing Date (as determined by the ABL Agent as in effect on
the Closing 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-align: justify; text-indent: 1in">&ldquo;<U>Business Day</U>&rdquo;
means any day other than a Saturday, Sunday or other day on which commercial banks are authorized to close under the Laws of, or are
in fact closed in, the City of New York <FONT STYLE="color: red"><STRIKE>and, if such day relates to any LIBOR Rate Loan, means any such
day on which dealings in Dollar deposits are conducted by and between banks in the London interbank market.</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>;
provided, however, that, when used in connection with a SOFR Loan relating to any interest rate setting, fundings, disbursements, settlements
or payments, the term &ldquo;Business Day&rdquo; shall mean a U.S. Government Securities 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-align: justify; text-indent: 1in">&ldquo;<U>Capital Expenditures</U>&rdquo;
means, with respect to any Person for any period, all expenditures made (whether made in the form of cash or other property) or costs
incurred for the acquisition or improvement of fixed or capital assets of such Person (excluding normal replacements and maintenance
which are properly charged to current operations), in each case that are (or should be) set forth as capital expenditures in a Consolidated
statement of cash flows of such Person for such period, in each case prepared 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-align: justify; text-indent: 1in">&ldquo;<U>Capital Lease Obligations</U>&rdquo;
means, with respect to any Person for any period, 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 liabilities on a balance sheet of such Person under GAAP and the amount of which obligations shall
be the capitalized amount thereof determined in accordance with GAAP. Notwithstanding the foregoing, with respect to the accounting for
leases as either operating leases or capital leases and the impact of such accounting in accordance with FASB ASC 842, GAAP as in effect
on December&nbsp;31, 2018 shall be applied.</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-align: justify; text-indent: 1in">&ldquo;<U>Casualty Event</U>&rdquo;
means any event that gives rise to the receipt by the Borrower or any of its Restricted Subsidiaries of any insurance proceeds or condemnation
awards in respect of any Term Priority 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>CERCLA</U>&rdquo;
means the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. &sect;&nbsp;9601 et seq.</P>

<P STYLE="font: 10pt 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>CERCLIS</U>&rdquo;
means the Comprehensive Environmental Response, Compensation, and Liability Information System maintained by the United States Environmental
Protection Agency.</P>

<P STYLE="font: 10pt 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>Change in Law</U>&rdquo;
means the occurrence, after the date of this Agreement, of any of the following: (a)&nbsp;the adoption 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;the making or issuance of any request, rule, guideline or directive
(whether or not having the force of law) by any Governmental Authority; <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 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 or issued.</P>

<P STYLE="font: 10pt 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>Change of Control</U>&rdquo;
means an event or series of events by which:</P>

<P STYLE="font: 10pt Times New 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">(a) &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
 &ldquo;person&rdquo; or &ldquo;group&rdquo; (as such terms are used in Sections 13(d)&nbsp;and 14(d)&nbsp;of the Securities Exchange
Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity
as trustee, agent or other fiduciary or administrator of any such plan) other than a Permitted Holder becomes the &ldquo;beneficial owner&rdquo;
(as defined in Rules&nbsp;13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to
have &ldquo;beneficial ownership&rdquo; of all securities that such person or group has the right to acquire to the extent such right
is exercisable immediately or prior to the Maturity Date (such right, an &ldquo;<U>option right</U>&rdquo;)), directly or indirectly,
of both (i)&nbsp;35% or more of the Equity Interests of the Borrower entitled to vote for members of the board of directors or equivalent
governing body of the Borrower on a fully-diluted basis (and taking into account all such Equity Interests that such &ldquo;person&rdquo;
or &ldquo;group&rdquo; has the right to acquire pursuant to any option right), and (ii)&nbsp;a greater percentage of such Equity Interests
than are held by the Permitted Holders in the aggregate; 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">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;during
any period of 12 consecutive months, a majority of the members of the board of directors or other equivalent governing body of the Borrower
cease to be composed of individuals (i)&nbsp;who were members of that board or equivalent governing body on the first day of such period,
(ii)&nbsp;whose election or nomination to that board or equivalent governing body was approved by individuals referred to in clause (i)&nbsp;above
constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or by a Permitted
Holder or (iii)&nbsp;whose election or nomination to that board or other equivalent governing body was approved by individuals referred
to in clauses (i)&nbsp;and (ii)&nbsp;above constituting at the time of such election or nomination at least a majority of that board
or equivalent governing body or by a Permitted Holder; or</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-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
 &ldquo;change in control&rdquo; or similar event as defined in the ABL Facility or any document governing Material Indebtedness of any
Loan Party; 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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;other
than in the case of any Permitted Disposition of 100% of the Equity Interests of any Loan Party, the Borrower fails at any time to own,
directly or indirectly, 100% of the Equity Interests of the other 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; text-align: justify; text-indent: 1in">&ldquo;<U>Closing Date</U>&rdquo;
means the first date all the conditions precedent in <U>Section&nbsp;4.1</U> are satisfied or waived in accordance with <U>Section&nbsp;10.1</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; text-align: justify; text-indent: 1in">&ldquo;<U>Code</U>&rdquo; means
the Internal Revenue Code of 1986, and the regulations promulgated thereunder, as amended and in effect.</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">&ldquo;<U>Collateral</U>&rdquo;
means any and all Mortgaged Property and &ldquo;Collateral&rdquo; as defined in any applicable Security Document and all other property
that is or is intended under the terms of the Security Documents to be subject to Liens in favor of the 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">&ldquo;<U>Commitments</U>&rdquo;
means a Term Loan 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; text-align: justify; text-indent: 1in">&ldquo;<U>Committed Loan Notice</U>&rdquo;
means a notice of (a)&nbsp;a Borrowing, (b)&nbsp;a Conversion of Loans from one Type to the other, or (c)&nbsp;a continuation of <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans, pursuant to <U>Section&nbsp;2.2(b)</U>, which, if initially given in writing or when confirmed in writing after telephonic
notice has been given, shall be substantially in the form of <U>Exhibit&nbsp;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: justify; text-indent: 1in">&ldquo;<U>Commodity Exchange
Act</U>&rdquo; means the Commodity Exchange Act (7 U.S.C. &sect;&nbsp;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-align: justify; text-indent: 1in">&ldquo;<U>Compliance Certificate</U>&rdquo;
means a certificate substantially in the form of <U>Exhibit&nbsp;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: justify; text-indent: 1in"><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;</U></FONT><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">Conforming
Changes&rdquo; means, with respect to</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">either
the use or administration of Term SOFR or the use, administration, adoption or implementation of </FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">any
Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&ldquo;Base
Rate&rdquo;, the definition of &ldquo;Business Day&rdquo;, the definition of &ldquo;U.S. Government Securities Business Day&rdquo;, the
definition of &ldquo;Interest Period&rdquo; or any similar or analogous definition (or the addition of a concept of &ldquo;interest period&rdquo;)</FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">, timing
and frequency of determining rates and making payments of interest</FONT></U><U><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">,
timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods and
other technical, administrative or operational matters (but excluding for the avoidance of doubt, any changes to economic terms)</FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">)
that
the Agent decides, in consultation with the Borrower (provided that the Agent&rsquo;s decision shall be conclusive), may be appropriate
to reflect the adoption and implementation of</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">any
such rate or to permit the use and </FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">administration
thereof by the Agent in a manner substantially consistent with market practice (or, if the Agent decides that adoption of any portion
of such market practice is not administratively feasible or if Agent determines that no market practice for the administration of</FONT></U><U>
<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">any
such rate </FONT></U><U><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">exists,
in such other manner of administration as Agent decides, in consultation with the Borrower (provided that the Agent&rsquo;s decision
shall be conclusive), is reasonably necessary in connection with the administration of this Agreement</FONT></U><U> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">and
the other Loan Documents).</FONT></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Connection Income
Taxes</U>&rdquo; means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise
Taxes or branch profits Taxes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Consolidated</U>&rdquo;
means, when used to modify a financial term, test, statement, or report of a Person, the application or preparation of such term, test,
statement or report (as applicable) based upon the consolidation, in accordance with GAAP, of the financial condition or operating results
of such Person and its Restricted 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-align: justify; text-indent: 1in">&ldquo;<U>Consolidated EBITDA</U>&rdquo;
means, at any date of determination, without duplication, an amount equal to Consolidated Net Income of the Borrower and its Restricted
Subsidiaries on a Consolidated basis for the most recently completed Measurement Period, plus (a)&nbsp;the following to the extent deducted
in calculating such Consolidated Net Income: (i)&nbsp;Consolidated Interest Charges, (ii)&nbsp;the provision for Federal, state, local
and foreign income Taxes, (iii)&nbsp;depreciation and amortization expense, (iv)&nbsp;any items of loss resulting from the sale of assets
other than in the ordinary course of business (it being understood that gains and losses on sales of inventory pursuant to &ldquo;going
out of business&rdquo; or similar sales with respect to 10% of the Borrower&rsquo;s and its Restricted Subsidiaries&rsquo; Stores (measured
at the commencement of the relevant period) shall not be excluded pursuant to this clause), (v)&nbsp;other expenses reducing such Consolidated
Net Income which do not represent a cash item in such period or any future period (in each case of or by the Borrower and its Restricted
Subsidiaries for such Measurement Period), (vi)&nbsp;one-time costs incurred (x)&nbsp;in connection with acquisitions, divestitures or
debt or equity financings after the Closing Date in an aggregate amount not to exceed $5,000,000 during the term of this Agreement or
(y)&nbsp;in connection with the Transactions, (vii)&nbsp;[reserved], and (viii)&nbsp;any restructuring charge or reserve, integration
cost or cost that is deducted (and not added back) in such period in computing Consolidated Net Income, including any one-time costs
related to the closure and/or consolidation of facilities and to exiting lines of business; provided, all such amounts pursuant to this
clause (viii)&nbsp;for such Measurement Period, shall not exceed 5.0% of Consolidated EBITDA prior to giving effect to any add-back pursuant
to this clause (viii); minus (b)&nbsp;the following to the extent included in calculating such Consolidated Net Income: (i)&nbsp;Federal,
state, local and foreign income tax credits, (ii)&nbsp;any items of gain resulting from the sale of assets other than in the ordinary
course of business (it being understood that gains and losses on sales of inventory pursuant to &ldquo;going out of business&rdquo; or
similar sales with respect to 10% of the Borrower&rsquo;s and its Restricted Subsidiaries&rsquo; Stores (measured at the commencement
of the relevant period) shall not be excluded pursuant to this clause), (iii)&nbsp;all non-cash items increasing Consolidated Net Income
(in each case of or by the Borrower and its Restricted Subsidiaries for such Measurement Period), all as determined on a Consolidated
basis in accordance with GAAP and (iv)&nbsp;cash expenditures during such period in respect of internal labor costs which have not been
deducted in calculating Consolidated 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-align: justify; text-indent: 1in">For purposes of determining
Consolidated EBITDA for any period that includes the quarterly periods ending July&nbsp;31, 2020, April&nbsp;30, 2020 and January&nbsp;31,
2020, the Consolidated EBITDA for each such quarterly period shall be deemed to be $25,048,000, $(11,219,000) and $50,004,000<B>.</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: 1in">&ldquo;<U>Consolidated Interest
Charges</U>&rdquo; means, for any Measurement Period, the sum of (a)&nbsp;all interest, premium payments, debt discount, fees, charges
and related expenses in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price
of assets, in each case to the extent treated as interest in accordance with GAAP, including, without limitation, all commissions, discounts
and other fees and charges owed with respect to letters of credit and bankers&rsquo; acceptance financing and net costs under applicable
Swap Contracts, but excluding any non-cash or deferred interest financing costs, in each case, paid or payable by the Borrower and its
Restricted Subsidiaries for the most recently completed Measurement Period, all as determined on a Consolidated basis in accordance with
GAAP, (b)&nbsp;the portion of rent expense with respect to such Measurement Period under Capital Lease Obligations that is treated as
interest in accordance with GAAP, in each case, paid or payable by the Borrower and its Restricted Subsidiaries for the most recently
completed Measurement Period, all as determined on a Consolidated basis in accordance with GAAP and (c)&nbsp;all dividends or distributions
in respect of Disqualified Stock (other than dividends or distributions to the Borrower or a Restricted Subsidiary), in each case paid
or payable by the Borrower and its Restricted Subsidiaries for the most recently completed Measurement Period, all as determined on a
Consolidated basis in accordance with GAAP.</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-align: justify; text-indent: 1in">&ldquo;<U>Consolidated Net
Income</U>&rdquo; means, as of any date of determination, the net income of the Borrower and its Restricted Subsidiaries for the most
recently completed Measurement Period, all as determined on a Consolidated basis in accordance with GAAP, <U>provided</U>, <U>however</U>,
that there shall be excluded (a)&nbsp;(i)&nbsp;extraordinary or non-recurring gains for such Measurement Period and (ii)&nbsp;extraordinary
or non-recurring losses for such Measurement Period; provided, all such amounts pursuant to this clause (ii)&nbsp;for such Measurement
Period, shall not exceed 5.0% of Consolidated EBITDA prior to giving effect to any exclusions pursuant to this clause (ii), (b)&nbsp;the
income (or loss) of any Subsidiary that is not a Restricted Subsidiary and of any non-Subsidiary joint venture, except to the extent
of the amount of cash dividends or other distributions actually paid or payable in cash to the Borrower or a Restricted Subsidiary of
the Borrower during such period, (c)&nbsp;the income (or loss) of such Subsidiary during such Measurement Period and accrued prior to
the date it becomes a Restricted Subsidiary of the Borrower or any of its Restricted Subsidiaries or is merged into or consolidated with
the Borrower or any of its Restricted Subsidiaries or that Person&rsquo;s assets are acquired by the Borrower or any of its Restricted
Subsidiaries, and (d)&nbsp;the income of any direct or indirect Restricted Subsidiary of the Borrower that is not a Loan Party to the
extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that income is not at the time permitted
by operation of the terms of its Organization Documents or any agreement, instrument, judgment, decree, order, statute, rule&nbsp;or
governmental regulation applicable to that Restricted Subsidiary, except that the Borrower&rsquo;s equity in any net loss of any such
Restricted Subsidiary for such Measurement Period shall be included in determining Consolidated 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-align: justify; text-indent: 1in">&ldquo;<U>Consolidated Total
Debt</U>&rdquo; means, as of any date of determination, the aggregate principal amount of Indebtedness of the Borrower and its Restricted
Subsidiaries outstanding on such date, determined on a Consolidated basis in accordance with GAAP (but excluding the effects of any discounting
of Indebtedness resulting from the application of purchase accounting in connection with any Permitted Acquisition) minus (b)&nbsp;the
aggregate amount of Qualified Cash as of such date; provided, that with respect to this clause (b), such amount shall not exceed $40,000,000.
For the avoidance of doubt, Consolidated Total Debt shall not include (i)&nbsp;obligations under Swap contracts (except to the extent
of any unpaid termination payments thereunder), (ii)&nbsp;obligations in respect of undrawn letters of credit or (iii)&nbsp;any earn-out
Indebtedness or other deferred purchase price amounts except to the extent remaining unpaid after becoming 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; text-align: justify; text-indent: 1in">&ldquo;<U>Consolidated Working
Capital</U>&rdquo; means, at any date, the excess of (a)&nbsp;the sum of (i)&nbsp;all amounts (other than cash and Permitted Cash Equivalents)
that would, in conformity with GAAP, be set forth opposite the caption &ldquo;total current assets&rdquo; (or any like caption) on a
consolidated balance sheet of the Borrower and its Restricted Subsidiaries at such date and (ii)&nbsp;long-term accounts receivable over
(b)&nbsp;the sum of (i)&nbsp;all amounts that would, in conformity with GAAP, be set forth opposite the caption &ldquo;total current
liabilities&rdquo; (or any like caption) on a consolidated balance sheet of the Borrower and its Restricted Subsidiaries on such date
and (ii)&nbsp;long-term deferred revenue, but excluding, without duplication, (a)&nbsp;the current portion of any Funded Debt, (b)&nbsp;the
current portion of interest, (c)&nbsp;the current portion of current and deferred income taxes, (d)&nbsp;the current portion of any Capital
Lease Obligations, (e)&nbsp;deferred revenue arising from cash receipts that are earmarked for specific projects, (f)&nbsp;the current
portion of deferred acquisition costs and (g)&nbsp;current accrued costs associated with any restructuring or business optimization (including
accrued severance and accrued facility closure costs).</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-align: justify; text-indent: 1in">&ldquo;<U>Contractual Obligation</U>&rdquo;
means, as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which
such Person is a party or by which it or any of its property is bound.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Control</U>&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;<U>Controlling</U>&rdquo; and &ldquo;<U>Controlled</U>&rdquo;
have meanings correlative thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Convert</U>,&rdquo;
 &ldquo;<U>Conversion</U>&rdquo; and &ldquo;<U>Converted</U>&rdquo; each refers to a conversion of Loans of one Type into Loans of the
other Type.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Credit Party</U>&rdquo;
or &ldquo;<U>Credit Parties</U>&rdquo; means (a)&#8239;individually, (i)&#8239;each Lender, (ii)&#8239;the Agent, (iii)&#8239;any other Person
to whom Obligations are owing, and (iv)&#8239;the successors and assigns of each of the foregoing, and (b)&#8239;collectively, all of the
foregoing, in each case, to the extent relating to the services provided to, and obligations owing by or guaranteed by, the Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Credit Party Expenses</U>&rdquo;
means (a)&#8239;all reasonable out-of-pocket expenses incurred by the Agent and its respective Affiliates, in connection with this Agreement
and the other Loan Documents, including without limitation (i)&#8239;the reasonable fees, charges and disbursements of (A)&#8239;one primary
counsel, one specialty counsel and one local counsel in each relevant jurisdiction for the Agent, and (B)&#8239;outside consultants for
the Agent, and (ii)&#8239;in connection with (A)&#8239;the syndication of the credit facilities provided for herein, (B)&#8239;the preparation,
negotiation, administration, management, execution and delivery of this Agreement and the other Loan Documents or any amendments, modifications
or waivers of the provisions thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (C)&#8239;the
enforcement or protection of their rights in connection with this Agreement or the Loan Documents or efforts to preserve, protect, collect,
or enforce the Collateral or in connection with any proceeding under any Debtor Relief Laws, or (D)&#8239;any workout, restructuring or
negotiations in respect of any Obligations, and (b)&#8239;all reasonable out-of-pocket expenses incurred by the Credit Parties who are
not the Agent or any Affiliate of any of it in connection with the enforcement and collection of the Loan Documents after the occurrence
and during the continuance of an Event of Default (including any workout, restructuring or negotiation in respect thereof), <U>provided</U>
that such Credit Parties shall be entitled to reimbursement for no more than one counsel representing all such Credit Parties (absent
a conflict of interest in which case the Credit Parties may engage and be reimbursed for additional counsel).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Customary Intercreditor
Agreement</U>&rdquo; means (a)&#8239;to the extent executed in connection with the incurrence of Indebtedness secured by Liens on the
Collateral&#8239;that are intended to rank equal in priority to the Liens on the Collateral securing the Obligations (but without regard
to the control of remedies), a customary intercreditor agreement in form and substance reasonably acceptable to the Agent and the Borrower,
which agreement shall provide, <U>inter</U>&nbsp;<U>alia</U>, that the Liens on the Collateral securing such other Indebtedness to the
extent validly perfected and not subject to other Liens ranking senior to the Liens securing such Indebtedness but junior to the Liens
securing the Obligations shall rank equal in priority to the Liens on the Collateral securing the Obligations (but without regard to
the control of remedies) and (b)&#8239;to the extent executed in connection with the incurrence of Indebtedness secured by Liens on the
Collateral which are intended to rank junior to the Liens on the Collateral securing the Obligations, a customary intercreditor agreement
in form and substance reasonably acceptable to the Agent and the Borrower, which agreement shall provide that the Liens on the Collateral
securing such Indebtedness shall rank junior to the Liens on the Collateral securing the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Daily
Simple SOFR&rdquo; means, for any day, SOFR, with the conventions for this rate (which will include a lookback) being established by
the Agent in accordance with the conventions for this rate </U></FONT><FONT STYLE="text-underline-style: double; color: green; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>selected
or recommended by the Relevant Governmental Body</U></FONT><U> <FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">for
determining &ldquo;Daily Simple SOFR&rdquo; for syndicated business loans; provided, that if the Agent decides that any such convention
is not administratively feasible for the Agent, then the Agent may establish another convention in its reasonable discretion.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Debt Service Charges</U>&rdquo;
means, for any Measurement Period, the sum of (a)&#8239;Consolidated Interest Charges paid or required to be paid in cash during such
Measurement Period, plus (b)&#8239;scheduled principal payments made or required to be made on account of Indebtedness (excluding the
Obligations and any Synthetic Lease Obligations but including, without limitation, principal payments made in respect of Capital Lease
Obligations) during such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Debtor Relief Laws</U>&rdquo;
means the Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of
creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or
other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Declined Proceeds</U>&rdquo;
has the meaning specified in <U>Section&#8239;2.5(b)(v)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Default</U>&rdquo;
means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both,
would be an Event of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Default Rate</U>&rdquo;
means (a)&#8239;when used with respect to Loans, an interest rate equal to the interest rate (including the Applicable Margin) otherwise
applicable to such Loan plus two percent (2%) per annum, and (b)&#8239;with respect to all other Obligations, an interest rate equal to
the Base Rate, plus the Applicable Margin, plus two percent (2%) per annum.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Defaulting Lender</U>&rdquo;
means, subject to <U>Section&#8239;2.15(b)</U>, any Lender that (a)&#8239;has failed to (i)&#8239;fund all or any portion of its Loans within
two Business Days of the date such Loans were required to be funded hereunder, or (ii)&#8239;pay to the Agent or any Lender any other amount
required to be paid by it hereunder within two Business Days of the date when due, (b)&#8239;has notified the Borrower or the Agent in
writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect, (c)&#8239;has
failed, within three (3)&#8239;Business Days after written request by the Agent or the Borrower, to confirm in writing to the Agent and
the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting
Lender pursuant to this clause (c)&#8239;upon receipt of such written confirmation by the Agent and the Borrower), or (d)&#8239;after the
Closing Date, has, or has a direct or indirect parent company that has, (i)&#8239;become insolvent or otherwise the subject of a proceeding
under any Debtor Relief Law, (ii)&#8239;had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the
benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit
Insurance Corporation or any other state or federal regulatory authority acting in such a capacity, or (iii)&#8239;become the subject of
a Bail-in Action; <U>provided</U> 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. Any determination by the Agent that a Lender is a Defaulting Lender
under any one or more of <U>clauses (a)</U>&#8239;through <U>(d)</U>&#8239;above, and of the effective date of such status, shall be conclusive
and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to <U>Section&#8239;2.15(b)</U>)
as of the date established therefor by the Agent in a written notice of such determination, which shall be delivered by the Agent to the
Borrower and each Lender promptly following such determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Disposition</U>&rdquo;
or &ldquo;<U>Dispose</U>&rdquo; means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction),
whether in one transaction or in a series of transactions, of any property (including, without limitation, any Equity Interests other
than Equity Interests of the Borrower, but excluding any issuance of Equity Interests) by any Person, including any sale, assignment,
transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Disqualified Lender</U>&rdquo;
means any competitor of the Borrower and its Restricted Subsidiaries that is in the same or a similar line of business as the Borrower
and its Restricted Subsidiaries or any Affiliate of such competitor, in each case designated in writing by the Borrower to the Agent from
time to time (including prior to the Closing Date) (which designation shall be made available to the Lenders by the Agent on request)
or any other Affiliate of such competitor reasonably identifiable as such on the basis of such Affiliate&rsquo;s name (other than, in
each case, any such Affiliate that is a bank, financial institution or fund that regularly invests in commercial loans or similar extensions
of credit in the ordinary course of business). Notwithstanding the ability of the Borrower to supplement the list of Disqualified Lenders,
no such supplement or other modification shall be given retroactive effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Disqualified Stock</U>&rdquo;
means any Equity Interest that, by its terms (or by the terms of any security into which it is convertible, or for which it is exchangeable,
in each case at the option of the holder thereof), or upon the happening of any event, matures or is mandatorily redeemable, pursuant
to a sinking fund obligation or otherwise, or redeemable at the option of the holder thereof, in whole or in part, on or prior to the
date that is ninety-one (91) days after the Maturity Date. The amount of Disqualified Stock deemed to be outstanding at any time for purposes
of this Agreement will be the maximum amount that the Borrower and its Restricted Subsidiaries may become obligated to pay upon maturity
of, or pursuant to any mandatory redemption provisions of, such Disqualified Stock or portion thereof, plus accrued dividends.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Dollars</U>&rdquo;
and &ldquo;<U>$</U>&rdquo; mean lawful money of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Domestic Subsidiary</U>&rdquo;
means any direct or indirect Restricted Subsidiary organized under the laws of United States, any state thereof or the District of Columbia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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>Early
Opt-in Election</STRIKE></U><STRIKE>&rdquo; means the occurrence of: (1)&#8239;(i)&#8239;a determination by the Agent or (ii)&#8239;a
notification by the Required Lenders to the Agent (with a copy to the Borrower) that the Required Lenders have determined that U.S. dollar-denominated
syndicated credit facilities being executed at such time, or that include language similar to that contained in </STRIKE><U><STRIKE>Section&#8239;2.14
</STRIKE></U><STRIKE>are being executed or amended, as applicable, to incorporate or adopt a new benchmark interest rate to replace the
LIBOR Rate or that the LIBOR Rate is no longer representative, and (2)&#8239;(i)&#8239;the election by the Agent or (ii)&#8239;the election
by the Required Lenders to declare that an Early Opt-in Election has occurred and the provision, as applicable, by the Agent of written
notice of such election to the Borrower and the Lenders or by the Required Lenders of written notice of such election to the Agent.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ECF Percentage</U>&rdquo;
has the meaning specified in <U>Section&#8239;2.5(b)(i)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>EEA Financial Institution</U>&rdquo;
means (a)&#8239;any credit institution or investment firm established in any EEA Member Country that is subject to the supervision of an
EEA Resolution Authority, (b)&#8239;any entity established in an EEA Member Country that is a parent of an institution described in clause&#8239;(a)&#8239;of
this definition, or (c)&#8239;any financial institution established in an EEA Member Country that is a subsidiary of an institution described
in clauses&#8239;(a)&#8239;or (b)&#8239;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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>EEA Member Country</U>&rdquo;
means any of the member states of the European Union,&#8239;Iceland, Liechtenstein, and Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>EEA Resolution Authority</U>&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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Effective Yield</U>&rdquo;
of any indebtedness means the &ldquo;effective yield&rdquo; of such indebtedness, as determined in the reasonable judgment of the Agent
consistent with generally accepted financial practices, taking into account interest rate benchmark floors, upfront fees, original issue
discount and interest margins.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Eligible Assignee</U>&rdquo;
means (a)&#8239;a Lender or any of its Affiliates; (b)&#8239;a bank, insurance company, or company engaged in the business of making commercial
loans; (c)&#8239;an Approved Fund; (d)&#8239;[reserved]; and (e)&#8239;any Person to whom a Lender assigns its rights and obligations under
this Agreement as part of an assignment and transfer of such Lender&rsquo;s rights in and to a material portion of such Lender&rsquo;s
portfolio of asset based credit facilities; <U>provided</U> that, notwithstanding the foregoing, &ldquo;Eligible Assignee&rdquo; shall
not include a Disqualified Lender, a Permitted Holder, a Loan Party or any of their respective Affiliates or Subsidiaries or any natural
Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Environmental Laws</U>&rdquo;
means any and all Federal, state, local, and foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits,
concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the environment
or the release of any materials into the environment, including those related to hazardous substances or wastes, air emissions and discharges
to waste or public systems.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Environmental Liability</U>&rdquo;
means any liability, obligation, damage, loss, claim, action, suit, judgment, order, fine, penalty, fee, expense, or cost, contingent
or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower,
any other Loan Party or any of their respective Restricted Subsidiaries directly or indirectly resulting from or based upon (a)&#8239;violation
of any Environmental Law, (b)&#8239;the generation, use, handling, transportation, storage, treatment or disposal or presence of any Hazardous
Materials, (c)&#8239;exposure to any Hazardous Materials, (d)&#8239;the release or threatened release of any Hazardous Materials into the
environment or (e)&#8239;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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Equity Interests</U>&rdquo;
means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit interests in) such Person, all
of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership
or profit interests in) such Person, or warrants, rights or options for the purchase or acquisition from such Person of such shares (or
such other interests), and all of the other ownership or profit interests in such Person (including partnership, member or trust interests
therein), whether voting or non-voting, and whether or not such shares, warrants, options, rights or other interests are outstanding on
any date of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA Affiliate</U>&rdquo;
means any trade or business (whether or not incorporated) under common control with any Loan Party within the meaning of Section&#8239;414(b)&#8239;or
(c)&#8239;of the Code (and Sections&#8239;414(m)&#8239;and (o)&#8239;of the Code for purposes of provisions relating to Section&#8239;412 and
4971 of the Code).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>ERISA Event</U>&rdquo;
means (a)&#8239;a Reportable Event with respect to a Pension Plan; (b)&#8239;the withdrawal of any Loan Party or any ERISA Affiliate from
a Pension Plan subject to Section&#8239;4063 of ERISA during a plan year in which such entity was a &ldquo;substantial employer&rdquo;
as defined in Section&#8239;4001(a)(2)&#8239;of ERISA or a cessation of operations that is treated as such a withdrawal under Section&#8239;4062(e)&#8239;of
ERISA; (c)&#8239;a complete or partial withdrawal by any Loan Party or any ERISA Affiliate from a Multiemployer Plan or notification that
a Multiemployer Plan is insolvent (within the meaning of Title IV of ERISA); (d)&#8239;the filing of a notice of intent to terminate a
Pension Plan, or the treatment of a Multiemployer Plan amendment as a termination, under Section&#8239;4041 or 4041A of ERISA, respectively;
(e)&#8239;the institution by the PBGC of proceedings to terminate a Pension Plan or a Multiemployer Plan; (f)&#8239;any event or condition
determined by the PBGC to constitute grounds under Section&#8239;4042 of ERISA for the termination of, or the appointment of a trustee
to administer, any Pension Plan; (g)&#8239;the determination that any Pension Plan is considered an at-risk plan or that a Multiemployer
Plan is in endangered or critical status within the meaning of Sections 430, 431 and 432 of the Code or Sections 303, 304 and 305 of ERISA;
(h)&#8239;the failure by the Borrower or any ERISA Affiliate to meet all applicable requirements under the Pension Funding Rules&#8239;in
respect of a Pension Plan, whether or not waived, or a failure by the Borrower or any ERISA Affiliate to make any required contribution
to a Multiemployer Plan or (i)&#8239;the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not
delinquent under Section&#8239;4007 of ERISA, upon the Borrower or any ERISA Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>EU Bail-In Legislation
Schedule</U>&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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Event of Default</U>&rdquo;
has the meaning specified in <U>Section&#8239;8.1</U>. An Event of Default shall be deemed to be continuing unless and until that Event
of Default has been duly waived as provided in <U>Section&#8239;10.1</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excess Cash Flow</U>&rdquo;
means, for any period, an amount equal to the excess of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
sum, without duplication, of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Consolidated
Net Income for such period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
amount equal to the amount of all non-cash charges (including depreciation and amortization and compensation expense arising from equity
awards) to the extent deducted in arriving at such Consolidated Net Income;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;decreases
in Consolidated Working Capital for such period (other than any such decreases arising from acquisitions by the Borrower and its Restricted
Subsidiaries completed during such period or the application of purchase accounting);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
amount equal to the aggregate net loss on Dispositions by the Borrower and its Restricted Subsidiaries during such period (other than
Dispositions in the ordinary course of business) to the extent deducted in arriving at such Consolidated Net Income;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cash
receipts in respect of Swap Contracts during such period to the extent not otherwise included in Consolidated Net Income; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
amount of tax expense deducted in determining Consolidated Net Income for such period to the extent it exceeds the amount of cash taxes
(including penalties and interest) paid or tax reserves set aside or payable (without duplication) in such period; over</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
sum, without duplication, of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
amount equal to the amount of all non-cash credits included in arriving at such Consolidated Net Income and non-cash gains to the extent
included in arriving at such Consolidated Net Income;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;without
duplication of amounts deducted pursuant to clause (x)&#8239;below in prior fiscal years, the amount of Capital Expenditures or acquisitions
made in cash during such period, except to the extent that such Capital Expenditures or acquisitions were financed with the proceeds of
an incurrence or issuance of Indebtedness or Equity Interests of the Borrower or its Restricted Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
aggregate amount of all principal payments of Indebtedness of the Borrower and its Restricted Subsidiaries (including (A)&#8239;the principal
component of Capital Lease Obligations and (B)&#8239;the amount of repayments of Loans pursuant to <U>Section&#8239;2.7</U> but excluding
(X)&#8239;all other prepayments of Loans and (Y)&#8239;all prepayments in respect of any revolving credit facility, except, in the case
of this clause (Y), to the extent there is an equivalent permanent reduction in commitments thereunder) made during such period, except
to the extent financed with the proceeds of an incurrence or issuance of Indebtedness or Equity Interests of the Borrower or its Restricted
Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
amount equal to the aggregate net gain on Dispositions by the Borrower and its Restricted Subsidiaries during such period (other than
Dispositions in the ordinary course of business) to the extent included in arriving at such Consolidated Net Income;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;increases
in Consolidated Working Capital for such period (other than any such increases arising from acquisitions by the Borrower and its Restricted
Subsidiaries completed during such period or the application of purchase accounting);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cash
payments by the Borrower and its Restricted Subsidiaries during such period in respect of long-term liabilities of the Borrower and its
Restricted Subsidiaries other than Indebtedness (including such Indebtedness specified in clause&#8239;(iii)&#8239;above);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;without
duplication of amounts deducted pursuant to clause&#8239;(xi)&#8239;below in prior periods, the amount of Investments and acquisitions made
during such period pursuant to <U>clauses&#8239;(h)</U>, <U>(i)</U>, <U>(n)</U>&#8239;and <U>(o)</U>&#8239;of the definition of &ldquo;Permitted
Investments&rdquo;, except to the extent that such Investments and acquisitions were financed with the proceeds of an incurrence or issuance
of Indebtedness of the Borrower or its Restricted Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
amount of Restricted Payments paid during such period pursuant to <U>Section&#8239;7.6</U> (other than <U>Section&#8239;7.6(a)</U>&#8239;(solely
in respect of amounts paid to the Borrower or any of its Restricted Subsidiaries), <U>(b)</U>, (c), <U>(f)</U>, (g)&#8239;or (i)) except
to the extent that such Restricted Payments were financed with the proceeds of an incurrence or issuance of Indebtedness of the Borrower
or its Restricted Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
aggregate amount of any premium, make-whole or penalty payments actually paid in cash by the Borrower and its Restricted Subsidiaries
during such period that are required to be made in connection with any prepayment of Indebtedness except to the extent that such amounts
were financed with the proceeds of an incurrence or issuance of Indebtedness of the Borrower or its Restricted Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;without
duplication of amounts deducted from Excess Cash Flow in prior periods, the aggregate consideration required to be paid in cash by the
Borrower or any of its Restricted Subsidiaries pursuant to binding contracts (the &ldquo;<U>Contract Consideration</U>&rdquo;) entered
into prior to or during such period relating to Permitted Acquisitions, Capital Expenditures or acquisitions to be consummated or made
during the period of four consecutive fiscal quarters of the Borrower following the end of such period except to the extent intended to
be financed with the proceeds of an incurrence or issuance of other Indebtedness of the Borrower or its Restricted Subsidiaries, in an
aggregate amount not to exceed $5,000,000 for such period; provided that to the extent the aggregate amount utilized to finance such Permitted
Acquisitions, Capital Expenditures or acquisitions 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;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(xi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
amount of cash taxes (including penalties and interest) paid or tax reserves set aside or payable (without duplication) in such period
to the extent they exceed the amount of tax expense deducted in determining Consolidated Net Income for such period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(xii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cash
expenditures in respect of Swap Contracts during such period to the extent not deducted in arriving at such Consolidated Net Income; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(xiii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cash
payments during such period in respect of non-cash items expensed in a prior period but not reducing Excess Cash Flow as calculated for
such prior period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Equity Issuance</U>&rdquo;
means an issuance of (a)&#8239;Equity Interests by the Borrower to management, officers, directors or employees of a Loan Party under any
employee stock option or stock purchase plan or other employee benefits plan in existence from time to time, (b)&#8239;Equity Interests
by a wholly-owned Subsidiary of Borrower to Borrower or another wholly-owned Subsidiary of Borrower constituting an Investment permitted
hereunder, and (c)&#8239;Equity Interests by a Foreign Subsidiary of such Foreign Subsidiary to qualify directors where required pursuant
to applicable Law, in each instance, with respect to the ownership of Equity Interests of Foreign Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: red"><FONT STYLE="color: Green"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Existing
BAML Indebtedness</STRIKE></U><STRIKE>&rdquo; means Indebtedness owed to Bank of America, N.A. with respect to certain cash management
obligations and credit card services in an aggregate amount not to exceed $2,000,000.</STRIKE></FONT></P>

<P STYLE="color: Green; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: red"><FONT STYLE="color: Green"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Existing
Term Loan Agreement</STRIKE></U><STRIKE>&rdquo; means that certain Term Loan Credit Agreement, dated as of April&#8239;4, 2014, among,
Lands&rsquo; End,&#8239;Inc., Bank of America, N.A. and the other lenders party thereto, as amended, restated, amended and restated,
supplemented or otherwise modified prior to the Closing Date.</STRIKE></FONT></P>

<P STYLE="color: Green; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: red"><FONT STYLE="color: Green"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Existing
Term Loan Facility</STRIKE></U><STRIKE>&rdquo; means the term loan facility pursuant to the Existing Term Loan Credit Agreement.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Subsidiary</U>&rdquo;
shall mean any Subsidiary that is (a)&#8239;prohibited by applicable Law, rule&#8239;or regulation from guaranteeing the Obligations or
would require governmental (including regulatory) consent, approval, license or authorization to provide a guarantee unless such consent,
approval or licensor authorization has been received, (b)&#8239;a joint venture, to the extent a guaranty is prohibited by such joint venture&rsquo;s
organizational documents, (c)&#8239;an Immaterial Subsidiary or (d)&#8239;excluded to the extent the Agent and Borrower mutually determine
the cost, burden, difficulty and/or consequence (including adverse tax consequence) of obtaining a guaranty or security interest with
respect thereto outweigh the benefit to the Lenders. The parties hereto agree that each of Lands&rsquo; End (HK) Limited, Lands&rsquo;
End GmbH, Lands&rsquo; End Japan KK and Lands&rsquo; End Canada Outfitters are Excluded Subsidiaries as of the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Excluded Taxes</U>&rdquo;
means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to
a Recipient, (a)&#8239;Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in
each case, (i)&#8239;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 Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii)&#8239;that
are Other Connection Taxes, (b)&#8239;U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Recipient
with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i)&#8239;such Recipient
acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under <U>Sections&#8239;3.6</U>
and <U>10.14</U>) or (ii)&#8239;in the case of a Lender, such Lender changes its Lending Office, except in each case to the extent that,
pursuant to <U>Section&#8239;3.1</U>, amounts with respect to such Taxes were payable either to such Lender&rsquo;s assignor immediately
before such Lender acquired such interest or to such Lender immediately before it changed its Lending Office, (c)&#8239;Taxes attributable
to such Recipient&rsquo;s failure to comply with <U>Section&#8239;3.1(e)</U>&#8239;and (d)&#8239;any Taxes imposed pursuant to FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Executive Order</U>&rdquo;
has the meaning set forth in <U>Section&#8239;10.19</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: green"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Existing
BAML Indebtedness&rdquo; means Indebtedness owed to Bank of America, N.A. with respect to certain cash management obligations and credit
card services in an aggregate amount not to exceed $2,000,000.</U></FONT></P>

<P STYLE="color: Green; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: green"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Existing
Term Loan Agreement&rdquo; means that certain Term Loan Credit Agreement, dated as of April&#8239;4, 2014, among, Lands&rsquo; End,&#8239;Inc.,
Bank of America, N.A. and the other lenders party thereto, as amended, restated, amended and restated, supplemented or otherwise modified
prior to the Closing Date.</U></FONT></P>

<P STYLE="color: Green; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: Green">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: green"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Existing
Term Loan Facility&rdquo; means the term loan facility pursuant to the Existing Term Loan Credit Agreement.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Extraordinary Receipt</U>&rdquo;
means any cash received in the aggregate in any Fiscal Year in excess of $500,000 by or paid to or for the account of any Person consisting
of (i)&#8239;federal income tax refunds (other than any tax refund, relief, assistance or accommodation provided to a Loan Party under
the Coronavirus Aid, Relief, and Economic Security Act (including, the Employee Retention Credit, the five year net operating loss carryback
without any taxable income limitation, technical corrections permitted to the 2017 Tax Cuts and Jobs Act passed December&#8239;22, 2017,
and any other relief provided by US Federal and State taxing authorities that is connected to COVID-19)), (ii)&#8239;pension plan reversions,
(iii)&#8239;indemnity payments, (iv)&#8239;proceeds of insurance (except to the extent received in connection with a Casualty Event),
(v)&#8239;any purchase price adjustments in connection with any purchase agreement (excluding any working capital adjustments made pursuant
to any purchase agreement), or (vi)&#8239;judgments, proceeds of settlements or other consideration of any kind in connection with any
cause of action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>FATCA</U>&rdquo; means
Sections&#8239;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) and any current or future regulations or official interpretations thereof and
any agreements entered into pursuant to Section&#8239;1471(b)(1)&#8239;of the Code and any fiscal or regulatory legislation, rules&#8239;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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>FCPA</U>&rdquo; means
the Foreign Corrupt Practices Act of 1977, as amended, and the rules&#8239;and regulations thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Federal Funds Rate</U>&rdquo;
means, for any day, a fluctuating interest rate per annum equal to: (a)&#8239;the highest rate on overnight federal funds transactions
with members of the Federal Reserve System arranged by federal funds brokers, as published for such day (or, if such day is not a Business
Day, for the next succeeding Business Day) by the Federal Reserve Bank of New York online at https://www.federalreserve.gov/monetarypolicy/openmarket.htm;
or (b)&#8239;if such rate is not so published for any day which is a Business Day, the highest of the quotations for such day on such transactions
received by the Agent out of three (3)&#8239;federal funds brokers of recognized standing reasonably selected by it.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Federal Reserve Bank
of New York&rsquo;s Website</U>&rdquo; means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org, or any
successor source.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fee Letter</U>&rdquo;
means the letter agreement dated as of the date hereof among the Borrower and the Agent, as amended and in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Financed Capital Expenditures</U>&rdquo;
shall mean Capital Expenditures made with the proceeds of Indebtedness (other than from revolving borrowings).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fiscal Quarter</U>&rdquo;
means any fiscal quarter of any Fiscal Year, which quarters shall generally end on (i)&#8239;with respect to the first fiscal quarter of
any Fiscal Year, the Friday preceding the Saturday of the thirteenth week of such Fiscal Year, (ii)&#8239;with respect to the second fiscal
quarter of any Fiscal Year, the Friday preceding the Saturday of the twenty- sixth week of such Fiscal Year, (iii)&#8239;with respect to
the third fiscal quarter of any Fiscal Year, the Friday preceding the Saturday of the thirty-ninth week of such Fiscal Year, and (iv)&#8239;with
respect to the last fiscal quarter of any Fiscal Year, the last day of such Fiscal Year, as such Fiscal Quarters may be amended in accordance
with the provisions of <U>Section&#8239;7.13</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fiscal Year</U>&rdquo;
means any period of twelve consecutive months ending on the Friday preceding the Saturday closest to January&#8239;31 of any calendar year,
as such Fiscal Year may be amended in accordance with the provisions of <U>Section&#8239;7.13</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Flood Insurance Laws</U>&rdquo;
means, collectively, (i)&#8239;the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto,
(ii)&#8239;the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii)&#8239;the National
Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, (iv)&#8239;the Flood Insurance Reform
Act of 2004 as now or hereafter in effect or any successor statute thereto and (v)&#8239;the Biggert-Waters Flood Insurance Reform Act
of 2012 as now or hereafter in effect or any successor statute thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Floor&rdquo;
means a rate of interest equal to 1.00% per annum.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Foreign Asset Control
Regulations</U>&rdquo; has the meaning set forth in <U>Section&#8239;10.19</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Foreign Lender</U>&rdquo;
means any Lender that is organized under the laws of a jurisdiction other than that in which the Borrower is resident for tax purposes.
For purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to constitute a single
jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Foreign Plan</U>&rdquo;
means any Plan not subject to ERISA by reason of Section&#8239;4(b)(4)&#8239;of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Foreign Subsidiary</U>&rdquo;
means as to any Person, any Subsidiary of such Person that is not a Domestic Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fortress</U>&rdquo;
shall mean Fortress Credit Corp., on behalf of itself and/or as agent on behalf of one or more controlled investment affiliates or assignees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Fund</U>&rdquo; means
any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial
loans and similar extensions of credit in the ordinary course of its business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Funded Debt</U>&rdquo;
means all Indebtedness of the Borrower and its Restricted Subsidiaries for borrowed money that matures more than one year from the date
of its creation or matures within one year from such date that is renewable or extendable, 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 Indebtedness in respect of the Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>GAAP</U>&rdquo; means
generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles
Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards
Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are
applicable to the circumstances as of the date of determination, consistently applied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Governmental Authority</U>&rdquo;
means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any
agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial,
taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the
European Union or the European Central Bank).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Guarantee</U>&rdquo;
means, as to any Person, (a)&#8239;any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of
guaranteeing any Indebtedness or other obligation payable or performable by another Person (the &ldquo;<U>primary obligor</U>&rdquo;)
in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i)&#8239;to purchase or
pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii)&#8239;to purchase or lease
property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other obligation of the payment
or performance of such Indebtedness or other obligation, (iii)&#8239;to maintain working capital, equity capital or any other financial
statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such
Indebtedness or other obligation, or (iv)&#8239;entered into for the purpose of assuring in any other manner the obligee in respect of
such Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof
(in whole or in part), or (b)&#8239;any Lien on any assets of such Person securing any Indebtedness or other obligation of any other Person,
whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of
such Indebtedness to obtain any such Lien). The amount of any Guarantee shall be deemed to be an amount equal to the stated or determinable
amount of the related primary obligation, or portion thereof, in respect of which such Guarantee is made or, if not stated or determinable,
the maximum reasonably anticipated liability in respect thereof. The term &ldquo;Guarantee&rdquo; as a verb has a corresponding meaning.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Guarantor</U>&rdquo;
means (a)&#8239;the Borrower, (b)&#8239;each Restricted Subsidiary (other than an Excluded Subsidiary) of the Borrower existing on the Closing
Date, including Lands&rsquo; End Europe Limited, and (c)&#8239;each Person (in each case, other than any Excluded Subsidiary) that shall
be required to execute and deliver a guaranty of all of the Obligations pursuant to <U>Section&#8239;6.11</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Guaranty and Security
Agreement</U>&rdquo; means the Term Loan Guaranty and Security Agreement dated as of the Closing Date among the Loan Parties and the Agent,
as amended and in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Hazardous Materials</U>&rdquo;
means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum
or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes
and all other substances or wastes of any nature regulated pursuant to any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Immaterial Subsidiary</U>&rdquo;
means, on any date of determination, any Foreign Subsidiary of the Borrower that, together with its Subsidiaries, (a)&#8239;generates less
than 2.5% of Consolidated EBITDA on a Pro Forma Basis for the four fiscal quarter period for which financial statements have been delivered
(or are required to have been delivered) under <U>Section&#8239;6.1(a)</U>&#8239;or <U>(b)</U>&#8239;that has ended on or most recently prior
to such date, and when taken together with all other Immaterial Subsidiaries, generates less than 5.0% of Consolidated EBITDA on a Pro
Forma Basis for the four fiscal quarter period for which financial statements have been delivered (or are required to have been delivered)
under <U>Section&#8239;6.1(a)</U>&#8239;or <U>(b)</U>&#8239;that has ended on or most recently prior to such date, or (b)&#8239;has total
assets of less than 2.5% of consolidated total assets as reflected in the financial statements most recently delivered on or prior to
such date, and when taken together with all other Immaterial Subsidiaries, has total assets of less than 5.0% of consolidated total assets
as reflected in the financial statements most recently delivered under Section&#8239;6.1(a)&#8239;or (b)&#8239;that has ended on or most
recently prior to such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Indebtedness</U>&rdquo;
means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities
in accordance with GAAP:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements
or other similar instruments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
maximum amount of all direct or contingent obligations of such Person arising under letters of credit (including standby and commercial),
bankers&rsquo; acceptances, bank guaranties, surety bonds and similar instruments;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;net
obligations of such Person under any Swap Contract;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
obligations of such Person to pay the deferred purchase price of property or services (other than trade accounts payable in the ordinary
course of business and, in each case, not past due for more than sixty (60) days);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;indebtedness
(excluding prepaid interest thereon) secured by a Lien on property owned by such Person (including indebtedness arising under conditional
sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
Attributable Indebtedness of such Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
obligations of such Person in respect of Disqualified Stock of such Person; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
Guarantees of such Person in respect of any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">For all purposes hereof, the
Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a joint venture that is itself
a corporation or limited liability company unless the Indebtedness of such joint venture is Guaranteed by such Person and covered by clause
(h)&#8239;above) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made non-recourse
to such Person. The amount of any net obligation under any Swap Contract on any date shall be deemed to be the Swap Termination Value
thereof as of such date. The amount of any Indebtedness that is only Indebtedness pursuant to clause (e)&#8239;shall be the lesser of the
indebtedness secured by a Lien on property of the applicable Person and the fair market value of such property, as reasonably determined
by the Borrower, so long as such Indebtedness is non-recourse to the Loan Parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Indemnified Taxes</U>&rdquo;
means (a)&#8239;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)&#8239;to the extent not otherwise described in (a), Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Indemnitees</U>&rdquo;
has the meaning specified in <U>Section&#8239;10.4(b)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Information</U>&rdquo;
has the meaning specified in <U>Section&#8239;10.8</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Insolvency Proceeding</U>&rdquo;
shall mean (a)&#8239;any case, action or proceeding before any court or other Governmental Authority relating to bankruptcy, reorganization,
insolvency, liquidation, receivership, dissolution, winding-up or relief of debtors, or (b)&#8239;any general assignment for the benefit
of creditors, composition, marshalling of assets for creditors or other similar arrangement in respect of its creditors generally or any
substantial portion of its creditors; in each case covered by clauses (a)&#8239;and (b)&#8239;undertaken under any Debtor Relief Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Intellectual Property</U>&rdquo;
means all present and future: trade secrets, know-how and other proprietary information; trademarks, trademark applications, internet
domain names, service marks, trade dress, trade names, business names, designs, logos, slogans (and all translations, adaptations, derivations
and combinations of the foregoing) indicia and other source and/or business identifiers, and all registrations or applications for registrations
which have heretofore been or may hereafter be issued thereon throughout the world; copyrights and copyright applications; (including
copyrights for computer programs) and all tangible and intangible property embodying the copyrights, unpatented inventions (whether or
not patentable); patents and patent applications; industrial design applications and registered industrial designs; license agreements
related to any of the foregoing and income therefrom; books, records, writings, computer tapes or disks, flow diagrams, specification
sheets, computer software, source codes, object codes, executable code, data, databases and other physical manifestations, embodiments
or incorporations of any of the foregoing; all other intellectual property; and all common law and other rights throughout the world
in and to all of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Interest Payment
Date</U>&rdquo; means, (a)&#8239;as to any <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date; <U>provided</U>, <U>however</U>,
that if any Interest Period for a <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall
also be Interest Payment Dates; and (b)&#8239;as to any Base Rate Loan, the last Business Day of each March, June, September&#8239;and
December&#8239;and the Maturity Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Interest Period</U>&rdquo;
means, as to each <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan, the period commencing on the date such <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan is disbursed or Converted to or continued as a <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan and ending on the date one, <FONT STYLE="color: red"><STRIKE>two, </STRIKE></FONT>three or six months thereafter <FONT STYLE="color: red"><STRIKE>(or
12 months, if requested by the Borrower and consented to by all the Lenders),</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT>as selected by the Borrower in its Committed Loan Notice; <U>provided</U> that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Interest Period that would otherwise end on a day that is not a <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>U.S.
Government Securities </U></FONT>Business Day shall be extended to the next succeeding <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>U.S.
Government Securities </U></FONT>Business Day unless such <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>U.S.
Government Securities </U></FONT>Business Day falls in another calendar month, in which case such Interest Period shall end on the preceding
<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>U.S.
Government Securities </U></FONT>Business Day;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Interest Period that begins on the last <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>U.S.
Government Securities </U></FONT>Business Day of a calendar month (or on a day for which there is no numerically corresponding day in
the calendar month at the end of such Interest Period) shall end on the last <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>U.S.
Government Securities </U></FONT>Business Day of the calendar month at the end of such Interest Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;no
Interest Period shall extend beyond the Maturity Date; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;notwithstanding
the provisions of clause (iii), no Interest Period shall have a duration of less than one (1)&#8239;month, and if any Interest Period
applicable to a <FONT STYLE="color: red"><STRIKE>LIBOR</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Borrowing would be for a shorter period, such Interest Period shall not be available hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">For purposes hereof, the date of a Borrowing
initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most recent Conversion
or continuation of such Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Internal Control
Event</U>&rdquo; means a material weakness in, or fraud that involves management or other employees who have a significant role in, the
Borrower&rsquo;s and/or its Subsidiaries&rsquo; internal controls over financial reporting, in each case as described in the Securities
Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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>Interpolated
Rate</STRIKE></U><STRIKE>&rdquo; means, at any time, for any interest period, the greater of (i)&#8239;the rate per annum (rounded to
the same number of decimal places as the Published LIBOR Rate) determined by the 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)&#8239;the Published LIBOR
Rate for the longest period (for which the Published LIBOR Rate is available) that is shorter than the Impacted Interest Period; and
(b)&#8239;the Published LIBOR Rate for the shortest period (for which the Published LIBOR Rate is available) that exceeds the Impacted
Interest Period, in each case, at such time and (ii)&#8239;1.00%.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Inventory</U>&rdquo;
has the meaning given that term in the UCC, and shall also include, without limitation, all: (a)&#8239;goods which (i)&#8239;are leased
by a Person as lessor, (ii)&#8239;are held by a Person for sale or lease or to be furnished under a contract of service, (iii)&#8239;are
furnished by a Person under a contract of service, or (iv)&#8239;consist of raw materials, work in process, or materials used or consumed
in a business; (b)&#8239;goods of said description in transit; (c)&#8239;goods of said description which are returned, repossessed or
rejected; and (d)&#8239;packaging, advertising, and shipping materials related to any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Investment</U>&rdquo;
means, as to any Person, any direct or indirect (a)&#8239;purchase or other acquisition of Equity Interests of another Person, (b)&#8239;loan,
advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other acquisition of any other debt or interest
in, another Person, or (c)&#8239;any Acquisition. For purposes of covenant compliance, the amount of any Investment shall be the amount
actually invested, without adjustment for subsequent increases or decreases in the value of such Investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>IRS</U>&rdquo; means
the United States Internal Revenue Service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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;
means an agreement, in form satisfactory to the Agent pursuant to which, among other things, a Person becomes a party to, and bound by
the terms of, this Agreement and/or the other Loan Documents in the same capacity and to the same extent as either a Borrower or a Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Laws</U>&rdquo; means,
collectively, all international, foreign, Federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes
and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority
charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties, requests,
licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force
of law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</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>Lease</U>&rdquo; means
any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy
of any real property for any period of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Lender</U>&rdquo;
has the meaning specified in the introductory paragraph hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Lending Office</U>&rdquo;
means, as to any Lender, the office or offices of such Lender described as such in such Lender&rsquo;s Administrative Questionnaire,
or such other office or offices as a Lender may from time to time notify the Borrower and the Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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>LIBOR
Borrowing</STRIKE></U><STRIKE>&rdquo; means a Borrowing comprised of LIBOR Rate Loans.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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>LIBOR
Rate</STRIKE></U><STRIKE>&rdquo; means, with respect to any LIBOR Borrowing for any Interest Period, a rate for eurodollar deposits for
a period equal to 1, 2, 3, 6, or, if offered by all relevant affected Lenders, 12 months or a shorter period (as selected by the Borrower)
appearing on Reuters Screen LIBOR01 Page&#8239;(or otherwise on the Reuters screen) (the &ldquo;</STRIKE><U><STRIKE>Published LIBOR Rate</STRIKE></U><STRIKE>&rdquo;)
(as adjusted for statutory reserve requirements for eurocurrency liabilities); provided that if the Published LIBOR Rate shall not be
available at such time for such interest period (an &ldquo;</STRIKE><U><STRIKE>Impacted Interest Period</STRIKE></U><STRIKE>&rdquo;)
then the Published LIBOR Rate shall be the Interpolated Rate; provided further that the LIBOR Rate shall in no case be less than 1.00%.
If the Reuters screen shall no longer report the Published LIBOR Rate, or such interest rates cease to exist, the Agent shall be permitted
to select an alternate service that quotes, or alternate interest rates in accordance with the terms and conditions of </STRIKE><U><STRIKE>Section&#8239;2.14</STRIKE></U><STRIKE>.</STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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>LIBOR
Rate <FONT STYLE="color: Green">Loan</FONT></STRIKE></U><FONT STYLE="color: Green"><STRIKE>&rdquo; means a Loan that bears interest at
a rate based on </STRIKE></FONT><STRIKE><FONT STYLE="color: Red">the LIBOR Rate.</FONT></STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Lien</U>&rdquo; means
any mortgage, deed of trust, pledge, hypothecation, assignment, encumbrance, lien (statutory or other), charge, or other security interest
or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including the lien or retained security
title of a conditional vendor, any easement, right of way or other encumbrance on title to real property, but excluding the interests
of lessors under operating leases).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Liquidity</U>&rdquo;
means, at any time of determination, an amount determined for Borrower and its Subsidiaries on a consolidated basis equal to the amount
of (a)&#8239;Qualified Cash of Borrower and its Subsidiaries plus (b)&#8239;the amount available to be borrowed under the ABL Facility at
such time (after giving effect to all reserves and any restrictions on availability) based on the Borrowing Base Certificate (as defined
in the ABL Credit Agreement) most recently delivered to the ABL Agent pursuant to the ABL Credit Agreement and taking into account any
borrowing or repayments since the date of such Borrowing Base Certificate (provided, for the avoidance of doubt, that the amount in clause
(b)&#8239;shall be $0.00 to the extent a default or event of default exists and is continuing under the ABL Facility at the time &ldquo;Liquidity&rdquo;
is calculated hereunder).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Loan</U>&rdquo; means
an extension of credit by a Lender to the Borrower under <U>Article&#8239;II</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Loan Documents</U>&rdquo;
means this Agreement, each Note, the Perfection Certificate, the Fee Letter, the Security Documents, the ABL Intercreditor Agreement and
any other agreement now or hereafter executed and delivered in connection herewith, each as amended and in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Loan Parties</U>&rdquo;
means, collectively, the Borrower and each Guarantor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Master Agreement</U>&rdquo;
has the meaning specified in the definition of &ldquo;Swap Contract&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Material Adverse Effect</U>&rdquo;
means (a)&#8239;a material adverse change in, or a material adverse effect upon, the operations, business, properties, liabilities (actual
or contingent), or financial condition of the Borrower and its Restricted Subsidiaries taken as a whole; (b)&#8239;a material impairment
of the ability of the Loan Parties taken as a whole to perform their obligations under the Loan Documents to which they are a party; or
(c)&#8239;a material impairment of the rights and remedies of the Agent or the Lenders under the Loan Documents taken as a whole or a material
adverse effect upon the legality, validity, binding effect or enforceability against the Loan Parties of the Loan Documents to which they
are a party taken as a whole. In determining whether any individual event would result in a Material Adverse Effect, notwithstanding that
such event in and of itself does not have such effect, a Material Adverse Effect shall be deemed to have occurred if the cumulative effect
of such event and all other then-existing events would result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Material Indebtedness</U>&rdquo;
means Indebtedness (other than the Obligations) of the Loan Parties in an aggregate principal amount exceeding $10,000,000. Notwithstanding
the foregoing, any Indebtedness incurred under clause (j)&#8239;of the definition of &ldquo;Permitted Indebtedness&rdquo; shall at all
times be deemed Material Indebtedness hereunder. For purposes of determining the amount of Material Indebtedness at any time, (a)&#8239;the
amount of the obligations in respect of any Swap Contract at such time shall be calculated at the Swap Termination Value thereof, (b)&#8239;undrawn
and committed amounts shall be included, and (c)&#8239;all amounts owing to all creditors under any combined or syndicated credit arrangement
shall be included.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Material Real Estate</U>&rdquo;
means any piece of Real Estate located in the United States or the United Kingdom that is owned in fee by a Loan Party having a fair market
value in excess of $3,500,000 as reasonably determined, in good faith, by the Borrower and reasonably acceptable to the Agent. For the
avoidance of doubt, Material Real Estate shall not include any leased Store.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Maturity Date</U>&rdquo;
means with respect to any Term Loans, the date that is five years after the Closing Date; <U>provided</U> that if any such day is not
a Business Day, the Maturity Date shall be the Business Day immediately preceding such day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Maximum ABL Principal
Amount</U>&rdquo; means, as of any date of determination, (a)&#8239;$300,000,000, minus (b)&#8239;permanent reductions of revolving loan
commitments under the ABL Loan Documents after the date hereof; provided that such commitment reductions are accompanied by principal
payments to the extent such principal payments are required pursuant to the ABL Credit Agreement as in effect as of the date hereof (but
excluding any permanent reductions made in connection with a Refinancing permitted under Section&#8239;7.12 hereof) plus (c)&#8239;interest,
fees, costs, expenses, indemnities, and such other similar amounts payable pursuant to the terms of the ABL Loan Documents as in effect
as of the date hereof (or as amended in accordance with Section&#8239;7.12 hereof), whether or not the same are added to the principal
amount of the ABL Obligations and including the same as would accrue and become due but for the commencement of an Insolvency Proceeding,
whether or not allowed in any such Insolvency Proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Maximum Capital Expenditure
Amount</U>&rdquo; means, with respect to any Fiscal Year, an amount equal to (a)&#8239;Consolidated EBITDA for the Measurement Period ending
on or around October&#8239;31 of the immediately prior Fiscal Year <U>less</U> (b)&#8239;the product of (i)&#8239;1.1 <U>multiplied by</U>
(ii)&#8239;Debt Service Charges for the Measurement Period ending on or around October&#8239;31 of the immediately prior Fiscal Year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Maximum Rate</U>&rdquo;
has the meaning provided therefor in <U>Section&#8239;10.10</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Measurement Period</U>&rdquo;
means, at any date of determination, the most recently completed four fiscal quarter period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Moody&rsquo;s</U>&rdquo;
means Moody&rsquo;s Investors Service,&#8239;Inc. and any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Mortgage</U>&rdquo;
means an agreement, including, but not limited to, a mortgage, deed of trust, deed to secure debt or any other document, creating and
evidencing a Lien on a Mortgaged Property in favor of the Agent, for the benefit of the Credit Parties, securing the Obligations, which
shall be in form and substance reasonably satisfactory to the Agent, with such schedules and including such provisions as shall be necessary
to conform such document to applicable local law or as shall be customary under applicable local law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Mortgaged Property</U>&rdquo;
means (a)&#8239;subject to Section&#8239;6.15, each piece of Real Estate identified as owned real property on Schedule 3. to the Perfection
Certificate and (b)&#8239;each piece of Material Real Estate, if any, that shall be subject to a Mortgage delivered after the Closing Date
pursuant to <U>Sections&#8239;6.11</U>, <U>6.15</U> and/or <U>6.16</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Multiemployer Plan</U>&rdquo;
means any employee benefit plan of the type described in Section&#8239;4001(a)(3)&#8239;of ERISA, to which the Borrower or any ERISA Affiliate
makes or is obligated to make contributions or has any continuing liability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Multiple Employer
Plan</U>&rdquo; means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA Affiliate) at least two
of whom are not under common control, as such a plan is described in Section&#8239;4064 of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Net Proceeds</U>&rdquo;
means (a)&#8239;with respect to any Asset Sale by, Extraordinary Receipt received by or paid to the account of, or any Casualty Event experienced
by any Loan Party or any of its Restricted Subsidiaries, the excess, if any, of (i)&#8239;the sum of cash and Permitted Cash Equivalents
received by the Loan Parties and their Restricted Subsidiaries in connection with such transaction (including any cash or Permitted Cash
Equivalents received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when
so received (which deferred payment shall be aggregated with prior payments for purposes of determining the amount of Net Proceeds)) minus
(ii)&#8239;the sum of (A)&#8239;the principal amount of any Indebtedness that is secured by any applicable asset by a Lien permitted hereunder
which is senior to the Agent&rsquo;s Lien (if any) on such asset and that is required to be repaid (or to establish an escrow for the
future repayment thereof) in connection with such transaction (other than Indebtedness under the Loan Documents), (B)&#8239;the aggregate
amount of any ABL Obligations that are required to be prepaid (or are voluntarily prepaid) with such amounts in accordance with the terms
of the ABL Loan Documents (to the extent such amounts constitute proceeds of ABL Priority Collateral), (C)&#8239;the reasonable and customary
out-of-pocket expenses incurred by such Loan Party or such Subsidiary in connection with such transaction (including, without limitation,
appraisals, and brokerage, legal, title and recording or transfer tax expenses and commissions) and paid to third parties (other than
Affiliates) and (D)&#8239;in the case of Net Proceeds from Extraordinary Receipts, (I)&#8239;the aggregate amount required to be paid by
the Loan Parties and their Restricted Subsidiaries to other Persons that are not Affiliates in relation to the event or condition giving
rise to such Extraordinary Receipts (including any amounts retained by or paid to such other Persons entitled to such amounts) and (II)&#8239;the
aggregate amount that reimburses the Loan Parties and their Restricted Subsidiaries for amounts previously incurred directly attributable
to the event or condition giving rise to such Extraordinary Receipts (including payment of any fees, costs and expenses arising in connection
therewith); and (b)&#8239;with respect to the sale or issuance of any Equity Interest by any Loan Party or any of its Restricted Subsidiaries,
or the incurrence or issuance of any Indebtedness by any Loan Party or any of its Restricted Subsidiaries, the excess of (i)&#8239;the
sum of the cash and Permitted Cash Equivalents received in connection with such transaction minus (ii)&#8239;the underwriting discounts
and commissions, and other reasonable and customary out-of-pocket expenses, incurred by such Loan Party or such Subsidiary in connection
therewith and paid to third parties (other than Affiliates).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Non-Consenting Lender</U>&rdquo;
has the meaning provided therefor in <U>Section&#8239;10.1(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Non-Defaulting Lender</U>&rdquo;
means, at any time, each Lender that is not a Defaulting Lender at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Non-Loan Party Acquisition
Sub-Limit</U>&rdquo; has the meaning provided therefor in the defined term &ldquo;Permitted Acquisition&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Non-Loan Party Investment
Basket</U>&rdquo; has the meaning provided therefor in clause (c)(iv)&#8239;of the defined term &ldquo;Permitted Investments&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Note</U>&rdquo; means
a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of <U>Exhibit&#8239;C</U>,
as each may be amended, supplemented or modified from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>NPL</U>&rdquo; means
the National Priorities List under CERCLA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Obligations</U>&rdquo;
means all advances to, and debts (including principal, interest, fees, costs, expenses and premiums (including any Applicable Prepayment
Premium)), liabilities, obligations, covenants, indemnities, and duties of, any Loan Party arising under any Loan Document with respect
to any Loan, 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, fees, costs, expenses and indemnities that accrue after the commencement by or against any
Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding,
regardless of whether such interest, fees costs, expenses and indemnities are allowed claims in such proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>OFAC</U>&rdquo; means
the Office of Foreign Assets Control of the United States Department of the Treasury.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>option right</U>&rdquo;
has the meaning set forth in clause (a)&#8239;of the definition of &ldquo;Change of Control&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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)&#8239;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)&#8239;with respect to any limited liability company, the certificate
or articles of formation or organization and operating or LLC agreement (or equivalent or comparable constitutive documents with respect
to any non-U.S. jurisdiction); (c)&#8239;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, and (d)&#8239;in each case,
all shareholder or other equity holder agreements, voting trusts and similar arrangements to which such Person is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Other Connection Taxes</U>&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 solely from such Recipient having executed, delivered, become a party to, performed
its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant
to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Other Taxes</U>&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 with respect to an assignment made pursuant to <U>Section&#8239;3.6</U>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Outstanding Amount</U>&rdquo;
means with respect to Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and
prepayments or repayments of Loans occurring on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Participant</U>&rdquo;
has the meaning specified in <U>Section&#8239;10.6(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Participant Register</U>&rdquo;
has the meaning provided therefor in <U>Section&#8239;10.6(d)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Patriot Act</U>&rdquo;
has the meaning specified in Section&#8239;5.27.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>PBGC</U>&rdquo; means
the Pension Benefit Guaranty Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>PCAOB</U>&rdquo; means
the Public Company Accounting Oversight Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pension Funding Rules</U>&rdquo;
means the rules&#8239;of the Code and ERISA regarding minimum required contributions (including any installment payment thereof) to Pension
Plans and Multiemployer Plans and set forth in Sections 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pension Plan</U>&rdquo;
means any employee pension benefit plan (including a Multiple Employer Plan but excluding a Multiemployer Plan) that is maintained or
is contributed to by the Borrower or any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding
standards under Section&#8239;412 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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;
means the Perfection Certificate dated as of the Closing Date executed by the Loan Parties, together with any other Perfection Certificates
delivered to the Agent in accordance with the Guaranty and Security Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Periodic
Term SOFR Determination Day&rdquo; has the meaning specified in the definition of &ldquo;Term SOFR&rdquo;.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Acquisition</U>&rdquo;
means an Acquisition in which all of the following conditions are satisfied:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
Acquisition shall have been approved by the Board of Directors of the Person (or similar governing body if such Person is not a corporation)
which is the subject of such Acquisition and such Person shall not have announced that it will oppose such Acquisition or shall not have
commenced any action which alleges that such Acquisition shall violate applicable Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
assets acquired shall be utilized in, and if the Acquisition involves a merger, consolidation or acquisition of Equity Interests, the
Person which is the subject of such Acquisition shall be engaged in, a business otherwise permitted to be engaged in by the Borrower and
its Restricted Subsidiaries under this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Equity Interests of a Person acquired in such transaction shall be of a Person that becomes a Restricted Subsidiary; <U>provided</U> that
the aggregate consideration paid in respect of Persons that do not become Guarantors shall not exceed $10,000,000 in the aggregate for
all Permitted Acquisitions (the &ldquo;<U>Non-Loan Party Acquisition Sub-Limit</U>&rdquo;) less any amounts invested pursuant to the Non-Loan
Party Investment Basket;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;no
Event of Default then exists or would arise as a result of such transaction;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
aggregate consideration paid for all Permitted Acquisitions shall not exceed $50,000,000 during the term of this Agreement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;after
giving effect to such Permitted Acquisition the Total Leverage Ratio of the Borrower and its Restricted Subsidiaries determined on a Pro
Forma Basis shall be equal to or less than 0.75x below the applicable Total Leverage Ratio set forth in Section&#8239;7.15(a)&#8239;for
the most recently ended Measurement Period (or if no such Measurement Period has occurred, the immediately following Measurement Period).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Cash Equivalents</U>&rdquo;
shall mean:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;readily
marketable obligations issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality
thereof having maturities of not more than 360 days from the date of acquisition thereof; <U>provided</U> that the full faith and credit
of the United States of America is pledged in support thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;commercial
paper issued by any Person organized under the laws of any state of the United States of America and rated at least &ldquo;Prime-1&rdquo;
(or the then equivalent grade)&#8239;by Moody&rsquo;s or at least &ldquo;A-1&rdquo; (or the then equivalent grade)&#8239;by S&amp;P, in
each case with maturities of not more than 180 days from the date of acquisition thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;time
deposits with, or insured certificates of deposit or bankers&rsquo; acceptances of, any commercial bank that (i)&#8239;(A)&#8239;is a Lender
or (B)&#8239;is organized under the laws of the United States of America, any state thereof or the District of Columbia or is the principal
banking subsidiary of a bank holding company organized under the laws of the United States of America, any state thereof or the District
of Columbia, and is a member of the Federal Reserve System, and (ii)&#8239;has combined capital and surplus of at least $1,000,000,000,
in each case with maturities of not more than 180 days from the date of acquisition thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;fully
collateralized repurchase agreements with a term of not more than thirty (30) days for securities described in clause (a)&#8239;above (without
regard to the limitation on maturity contained in such clause) and entered into with a financial institution satisfying the criteria described
in clause (c)&#8239;above or with any primary dealer and having a market value at the time that such repurchase agreement is entered into
of not less than 100% of the repurchase obligation of such counterparty entity with whom such repurchase agreement has been entered into;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments,
classified in accordance with GAAP as current assets of the Loan Parties, in any money market fund, mutual fund, or other investment companies
that are registered under the Investment Company Act of 1940, as amended, which are administered by financial institutions that have the
highest rating obtainable from either Moody&rsquo;s or S&amp;P, and which invest solely in one or more of the types of securities described
in clauses (a)&#8239;through (d)&#8239;above; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the case of any Foreign Subsidiary, (x)&#8239;such local currencies in those countries in which such Foreign Subsidiary transacts business
from time to time in the ordinary course of business and (y)&#8239;investments of comparable tenor and credit quality to those described
in the foregoing clauses (a)&#8239;through (e)&#8239;or the definition of Permitted Cash Equivalents, in each case, customarily utilized
in countries in which such Foreign Subsidiary operates for short term cash management purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Disposition</U>&rdquo;
means any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of Inventory in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;sales
of Inventory not in the ordinary course of business in connection with Store closings or closings of other locations where Inventory of
the Loan Parties is sold at retail at arm&rsquo;s length;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;non-exclusive
licenses of Intellectual Property of a Loan Party or any of its Restricted Subsidiaries in the ordinary course of business, and the lapse
or abandonment of intellectual property rights in the ordinary course of business which, in the reasonable good faith determination of
Borrower, are not material to the conduct of the business of Borrower and its Restricted Subsidiaries taken as a whole;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of equipment and other property (other than Inventory) in the ordinary course of business that is worn, damaged, obsolete or, in the judgment
of a Loan Party, no longer useful or necessary in its business or that of any Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;sales,
transfers and other Dispositions among the Loan Parties or by any Restricted Subsidiary to a Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;sales,
transfers and other Dispositions by any Restricted Subsidiary which is not a Loan Party to another Restricted Subsidiary that is not a
Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
which constitute Restricted Payments that are otherwise permitted hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
permitted pursuant to <U>Section&#8239;7.4</U> hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Disposition of defaulted receivables and the compromise, settlement and collection of receivables in the ordinary course of business or
in bankruptcy or other proceedings concerning the other account party thereon and not as part of an accounts receivable financing transaction
or factoring arrangement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;leases,
licenses or subleases or sublicenses of any real or personal property in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
surrender or waiver of contract rights or the settlement, release, recovery on or surrender of contract, tort or other claims of any kind
to the extent that any of the foregoing could not reasonably be expected to have a Material Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of cash and Permitted Cash Equivalents in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;sales
of Inventory determined by the management of the applicable Loan Party not to be saleable in the ordinary course of business of such Loan
Party or any of the Loan Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(o)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of asset pursuant to condemnation proceedings;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Other
Dispositions, excluding licensing, so long as no Default or Event of Default then exists or would arise as a result of such transaction;
<U>provided</U> that (i)&#8239;such Disposition shall be for fair market value as reasonably determined by the Borrower in good faith,
(ii)&#8239;the Borrower or any of its Restricted Subsidiaries shall receive not less than 75.0% of such consideration in the form of cash
or Permitted Cash Equivalents (<U>provided</U>, <U>however</U>, that for the purposes of this clause (p)(ii), the following shall be deemed
to be cash: (A)&#8239;the assumption by the transferee of Indebtedness or other liabilities contingent or otherwise of the Borrower or
any of its Restricted Subsidiaries (other than Subordinated Debt) and the valid release of the Borrower or such Restricted Subsidiary,
by all applicable creditors in writing, from all liability on such Indebtedness or other liability in connection with such Disposition,
(B)&#8239;securities, notes or other obligations received by the Borrower or any of its Restricted Subsidiaries from the transferee that
are converted by such Borrower or any of its Restricted Subsidiaries into cash or cash equivalents within 180 days following the closing
of such Disposition (which amounts constitute Net Proceeds when received), and (C)&#8239;Indebtedness of any Restricted Subsidiary that
is no longer a Restricted Subsidiary as a result of such Disposition, to the extent that the Borrower and each other Restricted Subsidiary
are released from any Guarantee of payment of such Indebtedness in connection with such Disposition) and (iii)&#8239;the aggregate amount
of consideration for such Dispositions during the term of this Agreement shall not exceed $15,000,000;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
partial or total unwinding of any Swap Contracts;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(r)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
issuance of directors&rsquo; qualifying shares and shares issued to foreign nationals, in each case, as required by applicable Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(s)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;other
Dispositions, excluding licensing, in an aggregate amount not to exceed $2,000,000; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(t)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;exclusive
licensing of Intellectual Property to third parties and grants of distribution rights related thereto, in each case, in the ordinary course
of business consistent with past practice, provided that such licenses and grants shall be limited by product, by time, by channel and
by geography;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">provided, that, notwithstanding the
foregoing, in no event shall any Loan Party, or shall any Loan Party permit any of its Subsidiaries to, directly or indirectly, (i)&#8239;file
a certificate of division, adopt a plan of division or otherwise take any action to effectuate a division pursuant to Section&#8239;18-217
of the Delaware Limited Liability Company Act (or any analogous action taken pursuant to applicable Law with respect to any corporation,
limited liability company, partnership or other entity) unless such transaction is otherwise permitted hereunder or the divided entity
becomes a Loan Party substantially concurrently with such division or (ii)&#8239;make any Dispositions (other than non-exclusive licensing
in the ordinary course of business to (x)&#8239;Subsidiaries that are not Loan Parties consistent with past practice and (y)&#8239;Persons
that are not Affiliates of the Loan Parties in an arms&rsquo; length transaction (including pursuant to clause (t)&#8239;of the definition
of Permitted Disposition)) of any material Intellectual Property of any Loan Party to any Person that is not a Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Encumbrances</U>&rdquo;
means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
imposed by law for Taxes that are not yet due or are being contested in compliance with <U>Section&#8239;6.4</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;carriers&rsquo;,
warehousemen&rsquo;s, mechanics&rsquo;, materialmen&rsquo;s, repairmen&rsquo;s and other like Liens arising in the ordinary course of
business and securing obligations that are not overdue by more than thirty (30) days or are being contested in compliance with <U>Section&#8239;6.4</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;pledges,
deposits or security under workmen&rsquo;s compensation laws, unemployment insurance, employers&rsquo; health tax, and other social security
laws or similar legislation, or other insurance related obligations (including, but not limited to, in respect of deductibles, self-insured
retention amounts and premiums and adjustments thereto) or indemnification obligations of (including obligations in respect of letters
of credit or bank guarantees for the benefit of) insurance carriers providing property, casualty or liability insurance, or good faith
deposits in connection with bids, tenders, contracts (other than for the payment of Indebtedness) or leases to which such Person is a
party, or deposits to secure public or statutory obligations of such Person or deposits of cash or U.S. government bonds to secure surety,
stay, customs or appeal bonds to which such Person is a party, or deposits as security for the payment of rent, performance and return
of money bonds and other similar obligations (including letters of credit issued in lieu of any such bonds or to support the issuance
thereof and including those to secure health, safety and environmental obligations), in each case incurred in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;pledges
or deposits made in the ordinary course of business to secure the performance of tenders, bids, trade contracts and leases (other than
Indebtedness for borrowed money), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature
incurred in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
in respect of judgments that would not constitute an Event of Default hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;easements,
covenants, conditions, restrictions, building code laws, zoning restrictions, rights-of-way, similar encumbrances on real property and
such other minor title defects or survey matters that are disclosed by current surveys that, in each case, do not, individually or in
the aggregate, materially interfere with (i)&#8239;the ordinary conduct of business of a Loan Party or (ii)&#8239;the current use of the
real property subject to such encumbrances and/or defects;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

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

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
existing on the Closing Date listed on <U>Schedule&#8239;7.1</U> and Liens to secure any Permitted Refinancings of the Indebtedness with
respect thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
which secure Indebtedness permitted under clause (c)&#8239;of the definition of Permitted Indebtedness so long as (i)&#8239;such Liens and
the Indebtedness secured thereby are incurred prior to or within ninety (90) days after the acquisition thereof (or such Liens secure
Permitted Refinancing of such Indebtedness), (ii)&#8239;the Indebtedness secured thereby does not exceed the cost of acquisition of the
applicable assets, and (iii)&#8239;such Liens shall attach only to the assets acquired, improved or refinanced with such Indebtedness,
and any replacements, additions or accessions thereto and any proceeds therefrom, and shall not extend to any other property or assets
of the Loan Parties;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
in favor of the Agent securing the Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;landlords&rsquo;
and lessors&rsquo; statutory Liens in respect of rent not in default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;possessory
Liens in favor of brokers and dealers arising in connection with the acquisition or disposition of Investments owned as of the Closing
Date and other Permitted Investments, <U>provided</U> that such liens (a)&#8239;attach only to such Investments and (b)&#8239;secure only
obligations incurred in the ordinary course and arising in connection with the acquisition or disposition of such Investments and not
any obligation in connection with margin financing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
arising solely by virtue of any statutory or common law provisions or customary contractual provisions relating to banker&rsquo;s Liens,
Liens in favor of securities intermediaries, rights of setoff or similar rights and remedies as to deposit accounts, securities accounts,
commodity trading or other brokerage accounts or other funds maintained with depository institutions or securities intermediaries, including
rights of setoff relating to the establishment of depository relations with banks not given in connection with the issuance of Indebtedness
or relating to pooled deposit or sweep accounts of the Loan Parties to permit the satisfaction of overdraft or similar obligations incurred
in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
interest of a lessor or sublessor under, and Liens arising from, precautionary UCC filings (or equivalent filings) regarding leases and
subleases permitted under the Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
interest of, and Liens granted to consignors in the ordinary course of business with respect to the consignment of goods to a Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(o)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on property in existence at the time such property is acquired or on such property of a Subsidiary in existence at the time such Subsidiary
is acquired; <U>provided</U> that such Liens are not incurred in connection with or in anticipation of such acquisition and do not attach
to any other assets of any Loan Party or any Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
in favor of customs and revenues authorities imposed by applicable Laws arising in the ordinary course of business in connection with
the importation of goods and securing obligations that are not overdue by more than thirty (30) days or are being contested in compliance
with <U>Section&#8239;6.4</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;ground
leases in respect of real property on which facilities owned or leased by the Borrower or any of its Subsidiaries are located;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(r)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(s)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
securing obligations in an amount not to exceed $7,500,000 in the aggregate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(t)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
in favor of issuers of credit cards arising in the ordinary course of business securing the obligation to pay customary fees and expenses
in connection with credit card arrangements;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(u)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on premium rebates securing financing arrangements with respect to insurance premiums;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on securities that are the subject of repurchase agreements constituting Permitted Cash Equivalents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(w)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on cash or Permitted Cash Equivalents posted as margin to secure Indebtedness incurred pursuant to clause (e)&#8239;of the definition of
 &ldquo;Permitted Indebtedness&rdquo;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
solely on any cash earnest money deposits made by any Loan Party or any of their Subsidiaries in connection with any letter of intent
or purchase agreement in respect of any Investment permitted hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(y)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
securing Permitted Indebtedness under clause (j)&#8239;of the definition of &ldquo;Permitted Indebtedness&rdquo;, and securing cash management
and Swap Contracts secured under the documentation governing such Indebtedness, so long as any such Liens on assets of any Loan Party
are subject to the ABL Intercreditor Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(z)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on assets of a Subsidiary other than a Loan Party securing Permitted Indebtedness of such Subsidiary (provided, that, such secured Permitted
Indebtedness is non-recourse to any Loan Party) except with respect to Lands&rsquo; End Europe Limited prior to the date it becomes a
Guarantor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(aa)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
encumbrance or restriction (including put and call arrangements) with respect to capital stock of any joint venture or similar arrangement
pursuant to any joint venture or similar agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(bb)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;leases
or subleases, licenses or sublicenses (including with respect to intellectual property and software) granted to others in the ordinary
course of business not interfering in any material respect with the business of the Borrower and its Subsidiaries, taken as a whole;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(cc)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on Equity Interests of joint venture that is not a Subsidiary of a Loan Party pursuant to the relevant joint venture agreement or arrangement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(dd)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
in favor of the Borrower or any Subsidiary (other than Liens on property or assets of any Loan Party in favor of any Subsidiary that is
not a Guarantor);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ee)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
securing in an aggregate amount not to exceed $5,000,000 under Swap Contracts; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(ff)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Liens
on up to $2,000,000 in cash collateral in favor of Bank of America, N.A. to secure Existing BAML Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Holder</U>&rdquo;
means ESL Investments,&#8239;Inc. and any of its Affiliates other than any of their portfolio companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Indebtedness</U>&rdquo;
means each of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
outstanding on the Closing Date and listed on <U>Schedule&#8239;7.3</U> and any Permitted Refinancing thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;Indebtedness
of any Loan Party to any other Loan Party, (ii)&#8239;intercompany Indebtedness between any Restricted Subsidiary of the Borrower that
is not a Loan Party to any other Restricted Subsidiary that is not a Loan Party, and (iii)&#8239;intercompany Indebtedness between a Loan
Party and any Subsidiary that is not a Loan Party, provided that any such Indebtedness (1)&#8239;of a Loan Party owing to any Subsidiary
that is not a Loan Party must be, subject to Section&#8239;6.15, subordinated to the Obligations on terms and conditions reasonably acceptable
to the Agent (provided that the Agent agrees that the Intercompany Note, dated as of November&#8239;16, 2017, and delivered to the Agent
on the Closing Date shall be acceptable), and (2)&#8239;any Investment resulting from any such Indebtedness of a Subsidiary that is not
a Loan Party owing to any Loan Party must be a Permitted Investment under clause (c)&#8239;of such definition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;purchase
money Indebtedness of the Borrower or any Restricted Subsidiary to finance the acquisition of any real or personal property, including
Capital Lease Obligations, and any finance or capital leases of vehicles, plant, equipment or computers, 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 Permitted
Refinancings thereof, <U>provided</U>, <U>however</U>, that the aggregate principal amount of Indebtedness permitted by this clause (c)&#8239;shall
not exceed $50,000,000 at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;contingent
liabilities under surety bonds or similar instruments incurred in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;obligations
(contingent or otherwise) of any Loan Party or any Restricted Subsidiary thereof existing or arising under any Swap Contract, <U>provided</U>
that such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating
risks associated with fluctuations in interest rates, commodity prices or foreign exchange rates, and not for purposes of speculation
or taking a &ldquo;market view&rdquo;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
arising from agreements of the Borrower or any Restricted Subsidiary providing for indemnification, adjustment of purchase price or acquisition
price or earnouts with respect to any Acquisition permitted under <U>Section&#8239;7.2</U> or Disposition permitted by <U>Section&#8239;7.5</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
of any Person that becomes a Subsidiary of a Loan Party in a Permitted Acquisition, which Indebtedness is existing at the time such Person
becomes a Subsidiary of a Loan Party (other than Indebtedness incurred in contemplation of such Person&rsquo;s becoming a Subsidiary of
a Loan Party) in an aggregate amount not to exceed $10,000,000 at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&#8239;Subordinated
Debt of the Borrower or any Guarantor in an aggregate principal amount not to exceed $10,000,000 and (B)&#8239;any Permitted Refinancing
of Indebtedness incurred pursuant to the foregoing clause (A);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
under the ABL Facility and any Permitted Refinancing thereof, in an aggregate principal amount (including any undrawn letters of credit
thereunder) not to exceed the lesser of (i)&#8239;the Maximum ABL Principal Amount and (ii)&#8239;the sum of (A)&#8239;the Borrowing Base
at any time outstanding plus (B)&#8239;the aggregate principal amount of all Permitted Overadvances and Unintentional Overadvances at any
time outstanding, in each case, as contemplated by the ABL Facility on the date hereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;other
Indebtedness not otherwise permitted hereunder in a principal amount not to exceed $12,000,000 at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
in respect of performance bonds, bid bonds, appeal bonds, surety bonds and completion guarantees and similar obligations (including, in
each case, letters of credit issued to provide such bonds, guaranties and similar obligations), in each case provided in the ordinary
course of business, including those incurred to secure health, safety and environmental obligations in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
arising from overdraft facilities and/or 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 or other cash management services (including, but not limited to,
intraday, ACH and purchasing card/T&amp;E services) in the ordinary course of business; <U>provided</U>, that (x)&#8239;such Indebtedness
(other than credit or purchase cards) is extinguished within ten Business Days of notification to the applicable Loan Party of its incurrence
and (y)&#8239;such Indebtedness in respect of credit or purchase cards is extinguished within 60&#8239;days from its incurrence;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(o)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
consisting of (i)&#8239;the financing of insurance premiums or (ii)&#8239;take or pay obligations contained in supply arrangements, in each
case, in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent constituting Indebtedness, obligations incurred in the ordinary course of business in respect of private label trade letters
of credit not constituting Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(r)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
arising from a Guarantee of any Indebtedness otherwise constituting Permitted Indebtedness to the extent the Person providing such Guarantee
is not prohibited from directly incurring such Permitted Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(s)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(t)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
supported by a letter of credit or bank guarantee issued under the ABL Facility, in a principal amount not to exceed the face amount of
such letter of credit or bank guarantee;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(u)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
of Subsidiaries other than Loan Parties not to exceed $5,000,000;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Existing BAML Indebtedness; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(w)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;premiums
(if any), interest (including post-petition interest), fees, expenses, charges and additional or contingent interest on obligations described
in clauses (a)&#8239;through (v)&#8239;above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Investments</U>&rdquo;
means each of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cash
and Permitted Cash Equivalents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
existing on the Closing Date and set forth on <U>Schedule&#8239;7.2</U>, but not any increase in the amount thereof or any other modification
of the terms thereof, unless committed as of the Closing Date and set forth on <U>Schedule&#8239;7.2</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;Investments
by any Loan Party and its Restricted Subsidiaries in their respective Restricted Subsidiaries outstanding on the Closing Date (including
pursuant to that certain Intercompany Revolving Loan Agreement, dated as of October&#8239;23, 2019, by and between the Borrower and Lands&rsquo;
End GmbH, as in effect on the Closing Date in a maximum amount not to exceed $15,000,000<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue"><B><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt ">)</U></B></FONT>
(it being understood that any increase in the outstanding amount thereof will be deemed to have utilized the Non-Loan Party Investment
Basket), (ii)&#8239;additional Investments by any Loan Party and the Restricted Subsidiaries in Loan Parties, (iii)&#8239;additional Investments
by Restricted Subsidiaries of the Loan Parties that are not Loan Parties in other Restricted Subsidiaries that are not Loan Parties and
(iv)&#8239;additional Investments by the Loan Parties in Subsidiaries or joint ventures that are not Loan Parties in an aggregate amount
invested after the Closing Date not to exceed $10,000,000 (the &ldquo;<U>Non-Loan Party Investment Basket</U>&rdquo;) less any amounts
invested pursuant to the Non-Loan Party Acquisition Sub-Limit;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the grant of trade credit in
the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account
debtors to the extent reasonably necessary in order to prevent or limit loss;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Guarantees
constituting Permitted Indebtedness and Guarantees of operating leases or other obligations that do not constitute Indebtedness, in each
case entered into in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;so
long as no Default or Event of Default has occurred and is continuing or would result from such Investment,&#8239;Investments by any Loan
Party in Swap Contracts permitted hereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with, customers and
suppliers, in each case in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;advances
to officers, directors and employees of the Loan Parties and Restricted Subsidiaries in the ordinary course of business in an amount not
to exceed $1,000,000 to any individual at any time outstanding or in an aggregate amount not to exceed $2,500,000 at any time outstanding,
for ordinary business purposes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
constituting Permitted Acquisitions and Investments held by the Person acquired in such Acquisition at the time of such Acquisition (and
not acquired in contemplation of the Acquisition);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
arising out of the receipt of non-cash consideration for the sale of assets otherwise permitted under this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
in Swap Contracts not entered into for speculative purposes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;advances
in the form of a prepayment of expenses, so long as such expenses are being paid in accordance with customary trade terms of the applicable
Loan Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
consisting of the licensing or contribution of Intellectual Property pursuant to joint marketing arrangements with other Persons, <U>provided</U>
that no such Investment shall impair in any manner the limited license granted to the Agent in such Intellectual Property pursuant to
the Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
in joint ventures that solely own real properties (and ancillary assets) upon which Stores are located existing as of the Closing Date
and entered into hereafter in the ordinary course of business in an amount not to exceed $1,000,000 outstanding at any time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(o)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
long as no Event of Default exists or would arise therefrom, other Investments not to exceed $12,500,000 at any time outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
in exchange for Qualified Equity Interests;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(r)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Investment in securities or other assets not constituting cash or Permitted Cash Equivalents and received in connection with a Disposition
made pursuant to <U>Section&#8239;7.5</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(s)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved];
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(t)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
arising directly out of the receipt by the Borrower or any Restricted Subsidiary of non-cash consideration for any Permitted Disposition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Overadvance</U>&rdquo;
has the meaning specified in the ABL Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Permitted Refinancing</U>&rdquo;
means, with respect to any Person, any Indebtedness issued in exchange for, or the net proceeds of which are used to extend, refinance,
renew, replace, defease or refund (collectively, to &ldquo;<U>Refinance</U>&rdquo;), the Indebtedness being Refinanced (or previous refinancings
thereof constituting a Permitted Refinancing); <U>provided</U>, that (a)&#8239;the principal amount (or accreted value, if applicable)
of such Permitted Refinancing does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced
(plus unpaid accrued interest and premiums thereon and underwriting discounts, defeasance costs, fees, commissions and expenses), (b)&#8239;the
Weighted Average Life to Maturity of such Permitted Refinancing is greater than or equal to the Weighted Average Life to Maturity of the
Indebtedness being Refinanced (c)&#8239;such Permitted Refinancing shall not have a final maturity earlier than the final maturity of the
Indebtedness being refinanced, (d)&#8239;if the Indebtedness being Refinanced is subordinated in right of payment to the Obligations, such
Permitted Refinancing shall be subordinated in right of payment to such Obligations on terms at least as favorable to the Agent and the
Lenders as those contained in the documentation governing the Indebtedness being Refinanced, (e)&#8239;no Permitted Refinancing shall have
direct or indirect obligors that are not Loan Parties who were not also obligors of the Indebtedness being Refinanced, or greater guarantees
or security, than the Indebtedness being Refinanced, and (f)&#8239;such Permitted Refinancing shall be otherwise on terms not materially
less favorable to the Credit Parties than those contained in the documentation governing the Indebtedness being Refinanced, including,
without limitation, with respect to financial and other covenants and events of default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Person</U>&rdquo;
means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, limited partnership,
Governmental Authority or other entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Plan</U>&rdquo; means
any employee benefit plan within the meaning of Section&#8239;3(3)&#8239;of ERISA, whether or not subject to ERISA (including a Pension
Plan but excluding a Multiemployer Plan) maintained for employees of the Borrower or any ERISA Affiliate or any such Plan to which the
Borrower or any ERISA Affiliate is required to contribute on behalf of any of its employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Platform</U>&rdquo;
has the meaning specified in <U>Section&#8239;6.2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Prepayment Event</U>&rdquo;
shall mean (a)&#8239;any voluntary prepayment of all or any part of the initial principal balance of the Loan pursuant to <U>Section&#8239;2.5(a)</U>,
(b)&#8239;the mandatory prepayment of all or any part of the principal balance of the Loan pursuant to <U>Section&#8239;2.5(b)(ii)</U>,
<U>2.5(b)(iii)</U>, and <U>2.5(b)(v)</U>, (c)&#8239;any acceleration of the Loan (before or after an Event of Default, insolvency event
or otherwise) and (d)&#8239;any Repricing Event or replacement of a Lender pursuant to <U>Section&#8239;10.14;</U> provided, that, and for
the avoidance of doubt, any mandatory prepayment of all or any part of the principal balance of any Loan pursuant to <U>Section&#8239;2.5(b)(i)</U>&#8239;or
<U>Section&#8239;2.5(b)(iv)</U>&#8239;shall not be considered a &ldquo;Prepayment Event.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Prime Rate</U>&rdquo;
shall mean a variable per annum rate, as of any date of determination, equal to the rate as of such date published in the &ldquo;Money
Rates&rdquo; section of The Wall Street Journal as being the &ldquo;Prime Rate&rdquo; (or, if more than one rate is published as the Prime
Rate, then the highest of such rates). The Prime Rate will change as of the date of publication in The Wall Street Journal of a Prime
Rate that is different from that published on the preceding Business Day. In the event that The Wall Street Journal shall, for any reason,
fail or cease to publish the Prime Rate, the Agent shall choose a reasonably comparable index or source to use as the basis for the Prime
Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Pro Forma Adjustment</U>&rdquo;
means, as to any Measurement Period, with respect to an Acquired Entity or Business acquired or converted during or following such Measurement
Period, an adjustment to the Consolidated EBITDA of the Borrower for such Measurement Period equal to the sum of, (i)&#8239;the applicable
Acquired EBITDA and (ii)&#8239;additional amounts that are factually supportable and expected to have a continuing impact, in each case
as determined on a basis consistent with Article&#8239;11 of Regulation S-X of the Securities Act, as interpreted by the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#8239;</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">&#8239;</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">&ldquo;<U>Pro Forma Basis</U>&rdquo;
and &ldquo;<U>Pro Forma Effect</U>&rdquo; mean, with respect to compliance of any Specified Transaction with any test hereunder for an
applicable period of measurement, that in calculating such test (A)&nbsp;to the extent applicable, the Pro Forma Adjustment shall have
been made and (B)&nbsp;such Specified Transaction, all other Specified Transactions occurring prior to such Specified Transaction, and
the following transactions in connection therewith shall be deemed to have occurred as of the first day of the applicable period of measurement
(or as of the last date in the case of a balance sheet item): (a)&nbsp;income statement items (whether positive or negative) attributable
to the property or Person subject to such Specified Transaction, (i)&nbsp;in the case of a Disposition of all or substantially all Equity
Interests in any Restricted Subsidiary of the Borrower or any division, product line, or facility used for operations of the Borrower
or any of its Restricted Subsidiaries, shall be excluded, and (ii)&nbsp;in the case of a Permitted Acquisition or Investment, shall be
included, (b)&nbsp;any retirement of Indebtedness, and (c)&nbsp;any Indebtedness incurred or assumed by the Borrower or any of its Restricted
Subsidiaries in connection therewith and if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for
the applicable period for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to
such Indebtedness as at the relevant date 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-align: justify; text-indent: 1in">&ldquo;<U>Public Lender</U>&rdquo;
has the meaning specified in <U>Section&nbsp;6.2</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">&ldquo;<U>Qualified Cash</U>&rdquo;
means, at any time of determination, the aggregate balance sheet amount of unrestricted cash and Permitted Cash Equivalents included in
the consolidated balance sheet of Borrower and its Subsidiaries as of such time that (i)&nbsp;is free and clear of all Liens other than
Liens in favor of Agent for the benefit of all the Lenders, Liens in favor of ABL Agent to secure ABL Obligations, non-consensual Permitted
Encumbrances and Liens pursuant to clause (l)&nbsp;of the definition of Permitted Encumbrance, (ii)&nbsp;may be applied to payment of
the Obligations or the obligations under the ABL Facility without violating any Law, contract, or other agreement, (iii)&nbsp;is in deposit
or securities accounts subject to Control Agreements (as defined in the Guaranty and Security Agreement) pursuant to which Agent has a
perfected Lien or in non-U.S. jurisdictions, to the extent the Agent otherwise has a perfected security interest in the applicable deposit
or securities accounts (provided, that, this clause (iii)&nbsp;shall not be applicable prior to the date that is 60 days following the
Closing Date (or such later date as the Agent may agree in its sole discretion)), and (iv)&nbsp;is not Net Proceeds held or required to
be held in a Term Loan Priority 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>Qualified Equity Interests</U>&rdquo;
means Equity Interests of the Borrower other than Disqualified 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-align: justify; text-indent: 1in">&ldquo;<U>Real Estate</U>&rdquo;
means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter
owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies
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>Recipient</U>&rdquo;
means the Agent, any Lender or any other recipient of any payment to be made by or on account of any obligation of any Loan Party 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-align: justify; text-indent: 1in">&ldquo;<U>Refinance</U>&rdquo;
has the meaning specified in the definition of &ldquo;Permitted Refinancing&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">&ldquo;<U>Register</U>&rdquo;
has the meaning specified in <U>Section&nbsp;10.6(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"></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>Registered Public
Accounting Firm</U>&rdquo; has the meaning specified by the Securities Laws and shall be independent of the Borrower and its Subsidiaries
as prescribed by the 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-align: justify; text-indent: 1in">&ldquo;<U>Rejection Notice</U>&rdquo;
has the meaning specified in <U>Section&nbsp;2.5(b)(v)</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">&ldquo;<U>Related Parties</U>&rdquo;
means, with respect to any Person, such Person&rsquo;s Affiliates and the partners, directors, officers, employees, counsel, agents, trustees,
administrators, managers, advisors and representatives of such Person and of 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-align: justify; text-indent: 1in">&ldquo;<U>Relevant Governmental
Body</U>&rdquo; means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened
by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Reportable Event</U>&rdquo;
means any of the events set forth in Section&nbsp;4043(c)&nbsp;of ERISA, other than events for which the 30 day notice period has been
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; text-align: justify; text-indent: 1in">&ldquo;<U>Repricing Event</U>&rdquo;
means, (i)&nbsp;any prepayment or repayment of the Term Loans, in whole or in part, with the proceeds of, or conversion of the Term Loans
into, any new or replacement tranche of term loans bearing interest with an Effective Yield less than the Effective Yield applicable to
the Term Loans (as such comparative yields are determined in the reasonable judgment of the Agent consistent with generally accepted financial
practices) and (ii)&nbsp;any amendment to this Agreement that reduces the Effective Yield applicable to the Term 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-align: justify; text-indent: 1in">&ldquo;<U>Required Lenders</U>&rdquo;
means, as of any date of determination, Lenders holding more than 50% of the sum of the Total Outstandings; <U>provided</U> that the unused
Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for all purposes
of making a determination of Required Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Responsible Officer</U>&rdquo;
means the chief executive officer, president, chief financial officer, treasurer, controller or assistant treasurer of a Loan Party or
any of the other individuals designated in writing to the Agent by an existing Responsible Officer of a Loan Party as an authorized signatory
of any certificate or other document to be delivered hereunder (or, in the case of any Foreign Subsidiary, a director or other authorised
signatory of such Foreign Subsidiary). Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall
be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan
Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such 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-align: justify; text-indent: 1in">&ldquo;<U>Restricted Payment</U>&rdquo;
means (i)&nbsp;any dividend or other distribution (whether in cash, securities or other property, and the amount of any Restricted Payment
made other than in cash being deemed to be the fair market value, as reasonably determined by the Borrower, of the property subject to
such Restricted Payment as of the time of such Restricted Payment) with respect to any capital stock or other Equity Interest of any Person
or any of its Subsidiaries, or (ii)&nbsp;any payment (whether in cash, securities or other property), including any sinking fund or similar
deposit, on account of the purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any such capital
stock or other Equity Interest, or on account of any return of capital to such Person&rsquo;s stockholders, partners or members (or the
equivalent of any thereof).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Restricted Subsidiary</U>&rdquo;
means any Subsidiary 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"></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>S&amp;P</U>&rdquo;
means Standard&nbsp;&amp; Poor&rsquo;s Ratings Services, a Standard&nbsp;&amp; Poor&rsquo;s Financial Services LLC business, and 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-align: justify; text-indent: 1in">&ldquo;<U>Sanctioned Entity</U>&rdquo;
means (a)&nbsp;a country or territory or a government of a country or territory, (b)&nbsp;an agency of the government of a country or
territory, (c)&nbsp;an organization directly or indirectly controlled by a country or territory or its government, or (d)&nbsp;a Person
resident in or determined to be resident in a country, in each case of clauses (a)&nbsp;through (d)&nbsp;that is a target of comprehensive
country-wide or territory-wide Sanctions program administered and enforced by OFAC (as of the Closing Date, the sanctions programs for
Cuba,&nbsp;Iran, North Korea, Syria, and the Crimea region of Ukraine).</P>

<P STYLE="font: 10pt 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>Sanctioned Person</U>&rdquo;
means, at any time, and in each case insofar as dealings with the person are prohibited under Sanctions, (a)&nbsp;any Person named on
the list of Specially Designated Nationals and Blocked Persons maintained by OFAC or any other Sanctions-related list maintained by a
Governmental Authority, (b)&nbsp;any Person operating, organized or resident in a Sanctioned Entity, (c)&nbsp;any Person directly or indirectly
fifty percent or more owned or controlled (individually or in the aggregate) by or acting on behalf of any such Person or Persons described
in clauses (a)&nbsp;through (c)&nbsp;above, or (d)&nbsp;a Person that is otherwise the target of 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-align: justify; text-indent: 1in">&ldquo;<U>Sanctions</U>&rdquo;
means individually and collectively, respectively, any and all economic sanctions, trade sanctions, financial sanctions, sectoral sanctions,
secondary sanctions, trade embargoes, anti-terrorism laws and other sanctions laws, regulations or embargoes, including those imposed,
administered or enforced from time to time by: (a)&nbsp;the United States of America, including, without limitation, those administered
by OFAC, the U.S. Department of State, the U.S. Department of Commerce or through any existing or future executive order, (b)&nbsp;the
United Nations Security Council, (c)&nbsp;the European Union or any European Union member state, (d)&nbsp;<FONT STYLE="color: red"><STRIKE>Her</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>His
</U></FONT>Majesty&rsquo;s Treasury of the United Kingdom, or (d)&nbsp;any other Governmental Authority with jurisdiction over any <FONT STYLE="color: red"><STRIKE>Secured</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Credit
</U></FONT>Party, Loan Party or any of its Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Sarbanes-Oxley</U>&rdquo;
means the Sarbanes-Oxley Act of 2002.</P>

<P STYLE="font: 10pt 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>SEC</U>&rdquo; means
the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Securities Laws</U>&rdquo;
means the Securities Act of 1933, the Securities Exchange Act of 1934, Sarbanes-Oxley, and the applicable accounting and auditing principles,
rules, standards and practices promulgated, approved or incorporated by the SEC or the PCAOB.</P>

<P STYLE="font: 10pt 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>Security Documents</U>&rdquo;
means the Guaranty and Security Agreement, the Control Agreements (as such term is defined in the Guaranty and Security Agreement), the
Mortgages, the UK Security Agreements and each other security agreement or other instrument or document executed and delivered to the
Agent pursuant to this Agreement or any other Loan Document granting a Lien to secure any 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-align: justify; text-indent: 1in">&ldquo;<U>Separation Agreement</U>&rdquo;
means the Tax Sharing Agreement dated April&nbsp;4, 2014 between, among others, SHC and 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-align: justify; text-indent: 1in">&ldquo;<U>Shareholders&rsquo;
Equity</U>&rdquo; means, as of any date of determination, consolidated shareholders&rsquo; equity of the Borrower and its Restricted Subsidiaries
as of that date 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"></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>SHC</U>&rdquo; means
Sears Holding Corporation, a Delaware 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-align: justify; text-indent: 1in">&ldquo;<U>SOFR</U>&rdquo; <FONT STYLE="color: red"><STRIKE>with
respect to any day means</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>means a
rate equal to</U></FONT> the secured overnight financing rate <FONT STYLE="color: red"><STRIKE>published for such day by </STRIKE></FONT><STRIKE><FONT STYLE="color: green">the
Federal Reserve Bank of New York</FONT><FONT STYLE="color: red">, as the</FONT></STRIKE><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>as
administered by the SOFR</U></FONT> <FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>A</U></FONT>dministrator
<FONT STYLE="color: red"><STRIKE>of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York&rsquo;s Website</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; color: blue"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>&ldquo;SOFR
Adjustment&rdquo; has the meaning specified in the definition of &ldquo;Term SOFR&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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>&ldquo;SOFR
Administrator&rdquo; means </U></FONT><U><FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt">the Federal
Reserve Bank of New York </FONT></U><U><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt">(or a successor
administrator of the secured overnight financing 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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>&ldquo;SOFR
Borrowing&rdquo; means, as to any Borrowing, the SOFR Loans comprising such <FONT STYLE="text-underline-style: double">Borrowing.</FONT></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; color: blue"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>&ldquo;SOFR
</U></FONT><U><FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt">Loan&rdquo; means a Loan that bears
interest at a rate based on </FONT></U><U><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt">Term SOFR,
other than pursuant to clause (iii) of the definition of Base 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-align: justify; text-indent: 1in">&ldquo;<U>Solvent</U>&rdquo;
and &ldquo;<U>Solvency</U>&rdquo; means, with respect to any Person and its Subsidiaries on a Consolidated basis on a particular date,
that on such date (a)&nbsp;at fair valuation, all of the properties and assets of such Person are greater than the sum of the debts, including
contingent liabilities, of such Person, (b)&nbsp;the present fair saleable value of the properties and assets of such Person is not less
than the amount that would be required to pay the probable liability of such Person on its debts as they become absolute and matured,
(c)&nbsp;such Person is able to realize upon its properties and assets and pay its debts and other liabilities, contingent obligations
and other commitments as they mature in the normal course of business, (d)&nbsp;such Person does not intend to, and does not believe that
it will, incur debts beyond such Person&rsquo;s ability to pay as such debts mature, and (e)&nbsp;such Person is not engaged in a business
or a transaction, and is not about to engage in a business or transaction, for which such Person&rsquo;s properties and assets would constitute
unreasonably small capital after giving due consideration to the prevailing practices in the industry in which such Person is engaged.
The amount of all guarantees at any time shall be computed as the amount that, in light of all the facts and circumstances existing at
the time, can reasonably be expected to become an actual or matured 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; text-align: justify; text-indent: 1in">&ldquo;<U>Specified Indebtedness</U>&rdquo;
means any Indebtedness incurred pursuant to clause (i)&nbsp;of the definition of &ldquo;Permitted Indebtedness&rdquo; and any unsecured
Indebtedness incurred pursuant to clause (k)&nbsp;of the definition of &ldquo;Permitted Indebtedness.&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">&ldquo;<U>Specified Transaction</U>&rdquo;
means any Investment, Disposition, incurrence or repayment of Indebtedness, Restricted Payment, or other transaction by the Borrower or
any Restricted Subsidiary that by the terms of this Agreement requires satisfaction of a financial test calculated on a &ldquo;Pro Forma
Basis&rdquo; or after giving &ldquo;Pro Forma Effect&rdquo; thereto; <U>provided</U> that any such Specified Transaction (other than a
Restricted Payment) having an aggregate value of less than $1,000,000 shall not be calculated on a &ldquo;Pro Forma Basis&rdquo; or after
giving &ldquo;Pro Forma Effect.&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">&ldquo;<U>Store</U>&rdquo; means
any retail store (which may include any real property, fixtures, equipment, inventory and other property related thereto) operated, or
to be operated, by any 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-align: justify; text-indent: 1in">&ldquo;<U>Subordinated Debt</U>&rdquo;
means Indebtedness incurred by a Loan Party that is subordinated in right of payment in full to the prior payment of all Obligations of
such Loan Party under the Loan Documents in a manner reasonably satisfactory to the Agent and is otherwise on terms reasonably satisfactory
to the 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-align: justify; text-indent: 1in">&ldquo;<U>Subsidiary</U>&rdquo;
of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of
the Equity Interests having ordinary voting power for the election of directors or other governing body are at the time beneficially owned,
or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person.
Unless otherwise specified, all references herein to a &ldquo;Subsidiary&rdquo; or to &ldquo;Subsidiaries&rdquo; shall refer to a Subsidiary
or Subsidiaries 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-align: justify; text-indent: 1in">&ldquo;<U>Swap Contract</U>&rdquo;
means (a)&nbsp;any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps,
commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options
or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions,
cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency
options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter
into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b)&nbsp;any and
all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form
of master agreement published by the International Swaps and Derivatives Association,&nbsp;Inc., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together with any related schedules, a &ldquo;<U>Master Agreement</U>&rdquo;),
including any such obligations or liabilities under any Master 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>Swap Termination Value</U>&rdquo;
means, in respect of any one or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement
relating to such Swap Contracts, (a)&nbsp;for any date on or after the date such Swap Contracts have been closed out and termination value(s)&nbsp;determined
in accordance therewith, such termination value(s), and (b)&nbsp;for any date prior to the date referenced in clause (a), the amount(s)&nbsp;determined
as the mark-to-market value(s)&nbsp;for such Swap Contracts, as determined based upon one or more mid-market or other readily available
quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Synthetic Lease Obligation</U>&rdquo;
means the monetary obligation of a Person under (a)&nbsp;a so-called synthetic, off-balance sheet or tax retention lease, or (b)&nbsp;an
agreement for the use or possession of property (including sale and leaseback transactions), in each case, creating obligations that do
not appear on the balance sheet of such Person but which, upon the application of any Debtor Relief Laws to such Person, would be characterized
as the indebtedness of such Person (without regard to accounting treatment).</P>

<P STYLE="font: 10pt 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>Taxes</U>&rdquo; means
all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other
charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Term Loan</U>&rdquo;
has the meaning specified in <U>Section&nbsp;2.1</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; text-align: justify; text-indent: 1in">&ldquo;<U>Term Loan Commitment</U>&rdquo;
means, as to each Lender, its obligation to make Term Loans to the Borrower pursuant to <U>Section&nbsp;2.1</U> in an aggregate principal
amount not to exceed the amount set forth opposite such Lender&rsquo;s name on <U>Schedule&nbsp;2.1</U> or in the Assignment and Assumption
pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with
this Agreement. As of the Closing Date, the aggregate principal amount of the Term Loan Commitments is $275,000,000.</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-align: justify; text-indent: 1in">&ldquo;<U>Term Loan Priority
Account</U>&rdquo; has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Term Priority Collateral</U>&rdquo;
has the meaning assigned to such term in the ABL Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Term SOFR</U>&rdquo;
means<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><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-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>for
any calculation with respect to a SOFR Loan, the Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period on
the day (such day, the &ldquo;Periodic Term SOFR Determination Day&rdquo;) that is two (2)&nbsp;U.S. Government Securities Business Days
prior to the first day of such Interest Period, as such rate is published by the Term SOFR Administrator, plus (x)&nbsp;in respect of
any one month Interest Period; 0.11448%, (y)&nbsp;in respect of any three month Interest Period, 0.26161%; and (z)&nbsp;in respect of
any six month Interest Period, 0.42826% (clauses (x)&nbsp;through (z), the &ldquo;SOFR Adjustment&rdquo;); provided, however, that if
as of 5:00 p.m.&nbsp;(New York City time) on any Periodic Term SOFR Determination Day the Term SOFR Reference Rate for the applicable
tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference
Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator
on the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate for such tenor was published by
the Term SOFR Administrator so long as such first preceding U.S. Government Securities Business Day is not more than three (3)&nbsp;U.S.
Government Securities Business Days prior to such Periodic Term SOFR Determination Day, 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-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>for
any calculation with respect to a Base Rate Loan on any day, the Term SOFR Reference Rate for a tenor of one month on the day (such day,
the &ldquo;Base Rate Term SOFR Determination Day&rdquo;) that is two (2)&nbsp;U.S. Government Securities Business Days prior to such
day, as such rate is published by the Term SOFR Administrator plus 0.11448% (the &ldquo;Base Rate SOFR Adjustment&rdquo; and, together
with the SOFR Adjustment, the &ldquo;Term SOFR Adjustment&rdquo;); provided, however, that if as of 5:00 p.m.&nbsp;(New York City Time)
on any Base Rate Term SOFR Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term
SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will
be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding U.S. Government Securities
Business Day for which such Term SOFR Reference Rate for such tenor was published by the Term SOFR Administrator so long as such first
preceding U.S. Government Securities Business Day is not more than three (3)&nbsp;U.S. Government Securities Business Days prior to such
Base Rate Term SOFR Determination 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 0pt 0.5in; text-align: justify; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>provided,
further, that if Term SOFR determined as provided above (including pursuant to the proviso under clause (a)&nbsp;or (b)&nbsp;above and,
for the avoidance of doubt, after giving effect to the Term SOFR Adjustment) shall ever be less than the Floor, then Term SOFR shall
be deemed to be the Floor.</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; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Term
SOFR Adjustment&rdquo; has the meaning specified in the definition of &ldquo;Term SOFR&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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;Term
SOFR Administrator&rdquo; means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference
Rate selected by 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"></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"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt"><U>&ldquo;Term
SOFR Reference Rate&rdquo; means </U></FONT>the forward-looking term rate based on SOFR <FONT STYLE="color: red"><STRIKE>that has been
</STRIKE></FONT><STRIKE><FONT STYLE="color: green">selected or recommended by the Relevant Governmental Body</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-align: justify; text-indent: 1in">&ldquo;<U>Total Leverage Ratio</U>&rdquo;
means, with respect to any Measurement Period, the ratio of (a)&nbsp;Consolidated Total Debt as of the last day of such Measurement Period
to (b)&nbsp;Consolidated EBITDA of the Borrower for such Measurement 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-align: justify; text-indent: 1in">&ldquo;<U>Total Outstandings</U>&rdquo;
means the aggregate Outstanding Amount of all 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-align: justify; text-indent: 1in">&ldquo;<U>Trading with the Enemy
Act</U>&rdquo; has the meaning set forth in <U>Section&nbsp;10.19</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">&ldquo;<U>Transactions</U>&rdquo;
means, collectively, (a)&nbsp;the initial Borrowing hereunder on the Closing Date, (b)&nbsp;the repayment in full and termination of
the Indebtedness under the Existing Term Loan Agreement and (c)&nbsp;the payment of the fees and expenses incurred in connection with
the consummation 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">&ldquo;<U>Type</U>&rdquo; means,
with respect to a Loan, its character as a Base Rate Loan or a <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>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-align: justify; text-indent: 1in">&ldquo;<U>UCC</U>&rdquo; or
 &ldquo;<U>Uniform Commercial Code</U>&rdquo; means the Uniform Commercial Code as in effect from time to time in the State of New York;
<U>provided</U>, <U>however</U>, that if a term is defined in Article&nbsp;9 of the Uniform Commercial Code differently than in another
Article&nbsp;thereof, the term shall have the meaning set forth in <U>Article&nbsp;IX</U>; <U>provided</U>&nbsp;<U>further</U> that,
if by reason of mandatory provisions of law, perfection, or the effect of perfection or non-perfection, of a security interest in any
Collateral or the availability of any remedy hereunder is governed by the Uniform Commercial Code as in effect in a jurisdiction other
than New York, &ldquo;Uniform Commercial Code&rdquo; means the Uniform Commercial Code as in effect in such other jurisdiction for purposes
of the provisions hereof relating to such perfection or effect of perfection or non-perfection or availability of such remedy, 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">&ldquo;<U>UK Guarantors</U>&rdquo;
means Lands&rsquo; End Europe Limited.</P>

<P STYLE="font: 10pt 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="color: red"><STRIKE>&quot;</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;</U></FONT><U>UK
Mortgage</U><FONT STYLE="color: red"><STRIKE>&quot;</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&rdquo;
</U></FONT>means a fully executed legal mortgage in favor of the Agent granted pursuant to the UK Security Agreements by the UK Guarantor
creating a fixed and floating charge over the UK 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; color: blue"><FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt"><U>&ldquo;UK
Property&rdquo; means the freehold property being &lsquo;land lying to the North of Pillings Road, Oakham&rsquo;, registered at the UK
Land Registry with title number LT295459, and referred to more <FONT STYLE="text-underline-style: double">commonly as Lands&rsquo; End
Way, Oakham, Rutland LE15 6US.</FONT></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">&ldquo;<U>UK Security Agreements</U>&rdquo;
means, collectively, (a)&nbsp;an all asset debenture entered into by the UK Guarantor creating a first priority security interest over
all or substantially all of its assets (including the UK Mortgage), (b)&nbsp;[reserved] and (c)&nbsp;a share charge granted over the
Equity Interests of the UK Guarantor in connection with 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; color: blue"><FONT STYLE="color: green"><STRIKE>&ldquo;</STRIKE><U><STRIKE>UK
Property</STRIKE></U><STRIKE>&rdquo; means the freehold property being &lsquo;land lying to the North of Pillings Road, Oakham&rsquo;,
registered at the UK Land Registry with title number LT295459, and referred to more commonly as Lands</STRIKE></FONT><FONT STYLE="color: red"><STRIKE>'
</STRIKE></FONT><FONT STYLE="color: green"><STRIKE>End Way, Oakham, Rutland LE15 6US.</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-align: justify; text-indent: 1in; color: red"><STRIKE>&ldquo;</STRIKE><U><STRIKE>Unadjusted
Benchmark Replacement</STRIKE></U><STRIKE>&rdquo; means the Benchmark Replacement excluding the Benchmark Replacement Adjustment.</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>Unintentional Overadvance</U>&rdquo;
has the meaning provided therefor in the ABL 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>United States</U>&rdquo;
and &ldquo;<U>U.S.</U>&rdquo; mean 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; text-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;U.S.
Government Securities Business Day&rdquo; means any day except for (x)&nbsp;a Saturday, (y)&nbsp;a Sunday or (z)&nbsp;a day on which
the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the
entire day for purposes of trading in United States government securities.</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">&ldquo;<U>U.S. Person</U>&rdquo;
means any Person that is a &ldquo;United States Person&rdquo; as defined in 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-align: justify; text-indent: 1in">&ldquo;<U>U.S. Tax Compliance
Certificate</U>&rdquo; has the meaning specified in <U>Section&nbsp;3.1(e)(ii)(B)(III)</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">&ldquo;<U>US Mortgaged Property</U>&rdquo;
means a Mortgaged Property specified in clause (a)&nbsp;of the definition of Mortgaged Property and located in the United States.</P>

<P STYLE="font: 10pt 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>Weighted Average Life
to Maturity</U>&rdquo; means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (i)&nbsp;the sum
of the products obtained by multiplying (a)&nbsp;the amount of each then remaining installment, sinking fund, serial maturity or other
required payments of principal, including payment at final maturity, in respect thereof, by (b)&nbsp;the number of years (calculated to
the nearest one-twelfth) that will elapse between such date and the making of such payment by (ii)&nbsp;the then outstanding principal
amount of such Indebtedness.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&ldquo;<U>Write-Down and Conversion
Powers</U>&rdquo; means, 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.</P>

<P STYLE="font: 10pt 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>1.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Other
Interpretive Provisions</B>. With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such
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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require,
any pronoun shall include the corresponding masculine, feminine and neuter forms. The words &ldquo;<U>include</U>,&rdquo; &ldquo;<U>includes</U>&rdquo;
and &ldquo;<U>including</U>&rdquo; shall be deemed to be followed by the phrase &ldquo;without limitation.&rdquo; The word &ldquo;<U>will</U>&rdquo;
shall be construed to have the same meaning and effect as the word &ldquo;<U>shall</U>.&rdquo; Unless the context requires otherwise,
(i)&nbsp;any definition of or reference to any agreement, instrument or other document (including any Organization Document) 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 or in any other Loan Document), (ii)&nbsp;any
reference herein to any Person shall be construed to include such Person&rsquo;s successors and assigns, (iii)&nbsp;the words &ldquo;<U>herein</U>,&rdquo;
 &ldquo;<U>hereof</U>&rdquo; and &ldquo;<U>hereunder</U>,&rdquo; and words of similar import when used in any Loan Document, shall be construed
to refer to such Loan Document in its entirety and not to any particular provision thereof, (iv)&nbsp;all references in a Loan Document
to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to,
the Loan Document in which such references appear, (v)&nbsp;any reference to any law shall include all statutory and regulatory provisions
consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified,
refer to such law or regulation as amended, modified or supplemented from time to time, and (vi)&nbsp;the words &ldquo;<U>asset</U>&rdquo;
and &ldquo;<U>property</U>&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.</P>

<P STYLE="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">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
the computation of periods of time from a specified date to a later specified date, the word &ldquo;<U>from</U>&rdquo; means &ldquo;<U>from
and including</U>;&rdquo; the words &ldquo;<U>to</U>&rdquo; and &ldquo;<U>until</U>&rdquo; each mean &ldquo;<U>to but excluding</U>;&rdquo;
and the word &ldquo;<U>through</U>&rdquo; means &ldquo;<U>to and including</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Section&nbsp;headings
herein and in the other Loan Documents are included for convenience of reference only and shall not affect the interpretation of 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
reference herein or in any other Loan Document to the satisfaction, repayment, or payment in full of the Obligations shall mean the repayment
in Dollars in full in cash or immediately available funds of all of the Obligations (including the Applicable Prepayment Premium) other
than unasserted contingent indemnification 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"><B>1.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Accounting
Terms</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Generally</U>.
All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including
financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity
with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the
Audited Financial Statements, except as otherwise specifically prescribed 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-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Changes
in GAAP</U>. If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan
Document, and either the Borrower or the Required Lenders shall so request, the Agent, the Lenders and the Borrower shall negotiate in
good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the
approval of the Required Lenders); <U>provided</U> that, until so amended, (i)&nbsp;such ratio or requirement shall continue to be computed
in accordance with GAAP prior to such change therein and (ii)&nbsp;the Borrower shall provide to the Agent and the Lenders financial statements
and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations
of such ratio or requirement made before and after giving effect to such change in GAAP.</P>

<P STYLE="font: 10pt 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Pro
Forma Basis</U>. Notwithstanding anything to the contrary herein, for purposes of determining compliance with any test contained in this
Agreement with respect to any period during which (or after which, but on or prior to the date of determination) any Specified Transaction
occurs, the Total Leverage Ratio shall be calculated with respect to such period and such Specified Transaction on a Pro Forma Basis;
provided, that for purposes of <U>Section&nbsp;7.15</U> Pro Forma Effect shall not be given to any event occurring after the end of the
applicable Measurement 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-align: justify; text-indent: 1in"><B>1.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Rounding</B>.
Any financial ratios required to be maintained by the Loan Parties pursuant to this Agreement shall be calculated by dividing the appropriate
component by the other component, carrying the result to two places more than the number of places by which such ratio is expressed herein
and rounding the result up or down to the nearest number (with a rounding up if there is no nearest number).</P>

<P STYLE="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"><B>1.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Times
of Day; Rates</B>. Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or
standard, 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">The Agent does not warrant,
nor accept responsibility, nor shall the Agent have any liability with respect to the administration, submission or any other matter
related to the rates in the definition of &ldquo;<FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT>&rdquo; or with respect to any comparable or successor rate 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"><B>1.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Divisions</B>.
For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware Law (or any comparable
event under a different jurisdiction&rsquo;s Laws): (a)&nbsp;if any asset, right, obligation or liability of any Person becomes the asset,
right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the
subsequent Person, and (b)&nbsp;if any new Person comes into existence, such new Person shall be deemed to have been organized on the
first date of its existence by the holders of its Equity Interests at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>1.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Interest
Rate</U></FONT></B><FONT STYLE="color: blue; 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>.
The Agent does not warrant or accept responsibility for, and shall not have any liability with respect to (a)&nbsp;the continuation of,
administration of, submission of, calculation of or any other matter related to the Base Rate, the Term SOFR Reference Rate or Term SOFR,
or any component definition thereof or rates referred to in the definition thereof, or any alternative, successor or replacement rate
thereto (including any Benchmark Replacement), including whether the composition or characteristics of any such alternative, successor
or replacement rate (including any Benchmark Replacement) will be similar to, or produce the same value or economic equivalence of, or
have the same volume or liquidity as, the Base Rate, the Term SOFR Reference Rate, Term SOFR or any other Benchmark prior to its discontinuance
or unavailability, or (b)&nbsp;the effect, implementation or composition of any Conforming Changes. The Agent and its Affiliates or other
Related Parties may engage in transactions that affect the calculation of the Base Rate, the Term SOFR Reference Rate, Term SOFR, any
alternative, successor or replacement rate (including any Benchmark Replacement) or any relevant adjustments thereto, in each case, in
a manner adverse to the Borrower. The Agent may select information sources or services in its reasonable discretion to ascertain the
Base Rate, the Term SOFR Reference Rate, Term SOFR or any other Benchmark, in each case pursuant to the terms of this Agreement, and
shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect,
special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether
at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or
service.</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"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;II</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">The Commitments and Credit Extensions</FONT></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: 1in"><B>2.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Loans</B>. Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single loan in Dollars (each
such loan, a &ldquo;<U>Term Loan</U>&rdquo;) to the Borrower on the Closing Date, in an amount not to exceed the amount of such Lender&rsquo;s
Term Loan Commitment. Amounts borrowed under this <U>Section&nbsp;2.1</U> and repaid or prepaid may not be reborrowed. Term Loans may
be Base Rate Loans or <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans as further 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"></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"><B>2.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrowings,
Conversions and Continuations of Loans</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Borrowing shall be either Base Rate Loans or <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans as the Borrower may request subject to and in accordance with this <U>Section&nbsp;2.2</U>. Subject to the other provisions
of this <U>Section&nbsp;2.2</U>, Borrowings of more than one Type may be incurred at the same 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">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Borrowing, each Conversion of Loans from one Type to the other, and each continuation of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans shall be made upon the Borrower&rsquo;s irrevocable prior written Committed Loan Notice to the Agent, appropriately
completed and signed by a Responsible Officer of the Borrower. Each such notice must be received by the Agent not later than (i)&nbsp;12:00
p.m.&nbsp;three Business Days prior to the requested date of any Borrowing of, Conversion to or continuation of <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans or of any Conversion of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans to Base Rate Loans, and (ii)&nbsp;12:00 p.m.&nbsp;three Business Day prior to the requested date of any Borrowing of
Base Rate Loans. Each Borrowing of, Conversion to or continuation of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Each Borrowing of
or Conversion to Base Rate Loans shall be in minimum amounts of $500,000 or a whole multiple of $100,000 in excess thereof. Each Committed
Loan Notice shall specify (i)&nbsp;whether the Borrower is requesting a Borrowing, a Conversion of Loans from one Type to the other,
or a continuation of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans, (ii)&nbsp;the requested date of the Borrowing, Conversion or continuation, as the case may be (which shall be a Business
Day), (iii)&nbsp;the principal amount of Loans to be borrowed, Converted or continued, (iv)&nbsp;the Type of Loans to be borrowed or
to which existing Loans are to be Converted, and (v)&nbsp;if applicable, the duration of the Interest Period with respect thereto. If
the Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a
Conversion or continuation, then the applicable Loans shall be made as, or Converted to, Base Rate Loans. Any such automatic Conversion
to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans. If the Borrower requests a Borrowing of, Conversion to, or continuation of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest
Period of one month.</P>

<P STYLE="font: 10pt 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Following
receipt of a Committed Loan Notice, the Agent shall notify each Lender of the amount of its Applicable Percentage of the Loans, and if
no timely notice of a Conversion or continuation is provided by the Borrower, the Agent shall notify each Lender of the details of any
automatic Conversion to Base Rate Loans described in <U>Section&nbsp;2.2(b)</U>. In the case of a Borrowing, each Lender shall make the
amount of its Loan available to the Agent in immediately available funds at the Agent&rsquo;s Office not later than 1:00 p.m.&nbsp;on
the Business Day specified in the applicable Committed Loan Notice. Upon satisfaction of the applicable conditions set forth in <U>Section&nbsp;4.1</U>,
the Agent shall make all funds so received available to the Borrower in like funds as received by the Agent either by (i)&nbsp;crediting
the account of the Borrower on the books of the Agent with the amount of such funds or (ii)&nbsp;wire transferring such funds, in each
case in accordance with instructions provided to (and reasonably acceptable to) the Agent by 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-align: justify; text-indent: 1in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as otherwise provided herein, a <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan may be continued or Converted only on the last day of an Interest Period for such <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan. During the existence of a Default or an Event of Default, no Loans may be requested as, Converted to or continued as
<FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans without the consent of the Required Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Agent shall notify the
Borrower and the Lenders of any change in the Prime Rate used in determining the Base Rate promptly following the public announcement
of such change.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;After
giving effect to all Borrowings, all Conversions of Loans from one Type to the other, and all continuations of Loans as the same Type,
there shall not be more than six (6)&nbsp;Interest Periods in effect with respect to <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</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; text-align: justify; text-indent: 1in"><B>2.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved]</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: 1in"><B>2.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved]</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: 1in"><B>2.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Prepayments</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Optional
Prepayments</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: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Borrower may, upon irrevocable notice from the Borrower to the Agent, at any time or from time to time voluntarily prepay any Borrowing
of any Loans in whole or in part subject to the payment of the Applicable Prepayment Premium; <U>provided</U> that (i)&nbsp;such notice
must be received by the Agent not later than 12:00 p.m.&nbsp;three Business Days prior to any date of prepayment of any Loans; and (ii)(A)&nbsp;any
prepayment of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (B)&nbsp;any prepayment
of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, or, in each case, if
less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and
the Type(s)&nbsp;of Loans to be prepaid and, if <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans, the Interest Period(s)&nbsp;of such Loans. The Agent will promptly notify each Lender of its receipt of each such notice,
and of the amount of such Lender&rsquo;s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower
shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein (except
that any such notice may be conditioned on the receipt of net proceeds from any refinancing indebtedness or the consummation of a Change
of Control that results in a refinancing and payment in full of the Obligations). Any prepayment of the Loan shall be accompanied by
all accrued interest on the amount prepaid plus the Applicable Prepayment Premium, together with any additional amounts required pursuant
to <U>Section&nbsp;3.5</U>. Each such prepayment shall be applied to the principal installments of the Loans as directed by the Borrower
(it being understood and agreed that if the Borrower does not so direct at the time of such prepayment, such prepayment shall be applied
against the scheduled repayments of Loans under <U>Section&nbsp;2.7</U> in direct order of maturity) and shall be paid to the Lenders
in accordance with their respective Applicable Percentages.</P>

<P STYLE="font: 10pt 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Mandatory
Prepayments</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: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Excess
Cash Flow</U>. Within five (5)&nbsp;Business Days after financial statements have been delivered pursuant to <U>Section&nbsp;6.1(a)</U>&nbsp;and
the related Compliance Certificate has been delivered pursuant to <U>Section&nbsp;6.2(a)</U>&nbsp;for each fiscal year of the Borrower,
commencing with the first full fiscal year of the Borrower commencing after the Closing Date, the Borrower shall cause to be prepaid an
aggregate principal amount of Loans equal to (A)&nbsp;75% (such percentage as it may be reduced as described below, the &ldquo;<U>ECF
Percentage</U>&rdquo;) of Excess Cash Flow, if any, for the fiscal year covered by such financial statements, minus (B)&nbsp;the sum of
all voluntary prepayments of (i)&nbsp;Loans during such Fiscal Year and (ii)&nbsp;loans under the ABL Facility (to the extent accompanied
by a permanent reduction in the associated commitments thereof) made during such Fiscal Year, in each case, to the extent such prepayments
are not funded with the proceeds of Indebtedness; <U>provided</U> that (x)&nbsp;the ECF Percentage shall be 50% if the Total Leverage
Ratio as of the last day of the Fiscal Year covered by such financial statements (calculated giving Pro Forma Effect to any Specified
Transaction occurring on or prior to such last day of such Fiscal Year) was less than or equal to 3.75:1.00 and greater than 3.00:1.00
and (y)&nbsp;the ECF Percentage shall be 0% if the Total Leverage Ratio as of the last day of the Fiscal Year covered by such financial
statements (calculated giving Pro Forma Effect to any Specified Transaction occurring on or prior to such last day of such Fiscal Year)
was less than or equal to 3.00:1.00.</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"></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: 1.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Casualty
Events and Asset Sales</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-align: justify; text-indent: 0.5in">&#8239;(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to <U>Section&nbsp;2.5(b)(ii)(B)</U>, if any Casualty Event or Asset Sale occurs, which in the aggregate results in the realization or
receipt by the Borrower or a Restricted Subsidiary of Net Proceeds, the Borrower shall make a prepayment, in accordance with <U>Section&nbsp;2.5(b)(ii)(C)</U>,
of an aggregate principal amount of Loans equal to 100% of all such Net Proceeds realized or received (other than Net Proceeds realized
or received from any Casualty Event) plus the Applicable Prepayment Premium; <U>provided</U> that no such prepayment shall be required
pursuant to this <U>Section&nbsp;2.5(b)(ii)(A)</U>&nbsp;with respect to such portion of such Net Proceeds that the Borrower shall have,
on or prior to such date, given written notice to the Agent of its intent to reinvest in accordance with <U>Section&nbsp;2.5(b)(ii)(B)</U>&nbsp;(which
notice may only be provided if no Event of Default has occurred and is then continuing). Nothing in this <U>Section&nbsp;2.5(b)(ii)(A)</U>&nbsp;shall
be construed to permit or waive any Default or Event of Default arising from, directly or indirectly, any Casualty Event or any Disposition
not permitted 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 0pt 1in; text-align: justify; text-indent: 0.5in">&#8239;(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;With
respect to any Net Proceeds realized or received with respect to any Casualty Event or Asset Sale, at the option of the Borrower, the
Borrower or any Restricted Subsidiary may reinvest an amount equal to all or any portion of such Net Proceeds in assets useful for its
business (other than working capital, except for short-term capital assets, and including Investments) within (x)&nbsp;twelve (12) months
following receipt of such Net Proceeds or (y)&nbsp;if the Borrower enters into a legally binding commitment to reinvest such Net Proceeds
within twelve (12) months following receipt thereof, within the later of (1)&nbsp;twelve (12) months following receipt thereof or (2)&nbsp;one
hundred and eighty (180) days following the date of such legally binding commitment; <U>provided</U> that (i)&nbsp;so long as an Event
of Default shall have occurred and be continuing, the Borrower shall not be permitted to make any such reinvestments (other than pursuant
to a legally binding commitment that the Borrower entered into at a time when no Event of Default is continuing) and (ii)&nbsp;if any
Net Proceeds are not so reinvested by the deadline specified in clause (x)&nbsp;or (y)&nbsp;above, as applicable, or if any such Net Proceeds
are no longer intended to be or cannot be so reinvested at any time after delivery of a notice of reinvestment election, an amount equal
to 100% of such Net Proceeds plus the Applicable Prepayment Premium shall be applied, in accordance with <U>Section&nbsp;2.5(b)(ii)(C)</U>,
to the prepayment of the Loans as set forth in this <U>Section&nbsp;2.5</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-align: justify; text-indent: 0.5in">&#8239;(C)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On
each occasion that the Borrower must make a prepayment of the Loans pursuant to this <U>Section&nbsp;2.5(b)(ii)</U>, the Borrower shall,
within five (5)&nbsp;Business Days after the date of realization or receipt of such Net Proceeds (or, in the case of prepayments required
pursuant to <U>Section&nbsp;2.5(b)(ii)(B)</U>, within five (5)&nbsp;Business Days of the deadline specified in clause (x)&nbsp;or (y)&nbsp;thereof,
as applicable, or of the date the Borrower reasonably determines that such Net Proceeds are no longer intended to be or cannot be so reinvested,
as the case may be), make a prepayment, in accordance with <U>Section&nbsp;2.5(b)(v)</U>&nbsp;below, of the principal amount of Loans
in an amount equal to 100% of such Net Proceeds realized or received plus the Applicable Prepayment Premium.</P>

<P STYLE="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: 1.5in">&#8239;(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Incurrence
of Certain Indebtedness</U>. If the Borrower or any of its Restricted Subsidiaries incurs or issues any Indebtedness not expressly permitted
to be incurred or issued pursuant to <U>Section&nbsp;7.3</U>, the Borrower shall cause to be prepaid an aggregate principal amount of
Loans equal to 100% of all Net Proceeds received therefrom plus the Applicable Prepayment Premium on or prior to the date which is five
(5)&nbsp;Business Days after the receipt of such Net Proceeds. Nothing in this <U>Section&nbsp;2.5(b)(iii)</U>&nbsp;shall be construed
to permit or waive any Default or Event of Default arising from any incurrence or issuance of Indebtedness not permitted 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-align: justify; text-indent: 1.5in">&#8239;(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Extraordinary
Receipts</U>. If the Borrower or any of its Restricted Subsidiaries receives any Extraordinary Receipts, the Borrower shall cause to be
prepaid an aggregate principal amount of Loans equal to 100% of all Net Proceeds received therefrom on or prior to the date which is five
(5)&nbsp;Business Days after the receipt of such Net Proceeds.</P>

<P STYLE="font: 10pt 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: 1.5in">&#8239;(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Issuance
of Equity Interests</U>. If the Borrower or any of its Restricted Subsidiaries sells or issues any Equity Interests (other than any Excluded
Equity Issuance), the Borrower shall cause to be prepaid an aggregate principal amount of Loans equal to 100% of all Net Proceeds received
therefrom plus the Applicable Prepayment Premium on or prior to the date which is five (5)&nbsp;Business Days after the receipt of such
Net Proceeds. Nothing in this <U>Section&nbsp;2.5(b)(v)</U>&nbsp;shall be construed to permit or waive any Default or Event of Default
arising from any incurrence or issuance of Equity Interests not permitted 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-align: justify; text-indent: 1.5in">&#8239;(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
Prepayment Event shall be accompanied by the Applicable Prepayment Premium, together with any additional amounts required pursuant to
<U>Section&nbsp;3.5</U>. Each prepayment of the Loan pursuant to this <U>Section&nbsp;2.5(b)</U>&nbsp;shall be applied to the installments
thereof pro rata in direct order of maturity pursuant to <U>Section&nbsp;2.7</U> following the occurrence of such applicable event under
this Section&nbsp;2.5(b). All Net Proceeds of Term Priority Collateral shall be held in a Term Loan Priority Account until such Net Proceeds
are applied in accordance with this Section&nbsp;2.5(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: 1.5in">&#8239;(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Borrower shall notify the Agent in writing of any mandatory prepayment of Loans required to be made pursuant to <U>clauses (i)</U>, <U>(ii),
(iii), (iv)</U>&nbsp;and <U>(v)</U>&nbsp;of this <U>Section&nbsp;2.5(b)</U>&nbsp;by 2:00 p.m.&nbsp;at least three (3)&nbsp;Business Days
prior to the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation
of the amount of such prepayment. The Agent will promptly notify each Lender of the contents of the Borrower&rsquo;s prepayment notice
and of such Lender&rsquo;s Applicable Percentage of the prepayment with respect to any Loans. Each Lender may reject all or a portion
of its Applicable Percentage of any mandatory prepayment (such declined amounts, the &ldquo;<U>Declined Proceeds</U>&rdquo;) of Loans
required to be made pursuant to clauses (i), (ii)&nbsp;and (iv)&nbsp;of this <U>Section&nbsp;2.5(b)</U>&nbsp;by providing written notice
(each, a &ldquo;<U>Rejection Notice</U>&rdquo;) to the Agent and the Borrower no later than 5:00 p.m.&nbsp;three (3)&nbsp;Business Days
after the date of such Lender&rsquo;s receipt of notice from the Agent regarding such prepayment. Each Rejection Notice from a given Lender
shall specify the principal amount of the mandatory prepayment of Loans to be rejected by such Lender. If a Lender fails to deliver a
Rejection Notice to the Agent within the time frame specified above or such Rejection Notice fails to specify the principal amount of
the Loans to be rejected, any such failure will be deemed an acceptance of the total amount of such mandatory repayment of 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&#8239;(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
any other provisions of this <U>Section&nbsp;2.5</U>, (A)&nbsp;to the extent that repatriation to the United States of any portion of
Excess Cash Flow attributable to a Foreign Subsidiary or any Net Proceeds of such a Foreign Subsidiary is (x)&nbsp;prohibited or delayed
by applicable local law (including local laws with respect to financial assistance, corporate benefit, restrictions on up-streaming of
cash intra-group and fiduciary and statutory duties of the directors of the relevant Foreign Subsidiaries) or (y)&nbsp;restricted by applicable
material constituent documents of any non wholly-owned Foreign Subsidiary (so long as such restrictions were not implemented for the purpose
of avoiding such mandatory repayment requirements), the amount of such portion of Excess Cash Flow or Net Proceeds so affected will not
be required to be applied to repay Loans at the times provided in this <U>Section&nbsp;2.5</U> but may be retained by the applicable Foreign
Subsidiary so long, but only so long, as the applicable local law or applicable constituent documents will not permit repatriation to
the United States, and, if within one year following the date on which the respective repayment would otherwise have been required, such
repatriation of any portion of such affected amount of Excess Cash Flow or Net Proceeds is permissible under the applicable local law
or applicable material constituent documents (even if such cash is not actually repatriated at such time), an amount equal to such amount
will be promptly (and in any event not later than two Business Days or such longer time period as the Agent may agree) applied (net of
costs, expenses or taxes incurred by the Borrower and its Restricted Subsidiaries arising exclusively as a result of compliance with this
provision) by the Borrower to the repayment of the Loans pursuant to this <U>Section&nbsp;2.5</U> to the extent provided herein and (B)&nbsp;to
the extent that the Borrower has determined in good faith, and can so demonstrate to the reasonable satisfaction of the Agent, that repatriation
of any portion of Excess Cash Flow would incur a material tax liability (taking into account any foreign tax credit or benefit that is
anticipated in connection with such repatriation), the amount of such portion of Excess Cash Flow or Net Proceeds so affected may be retained
by the applicable Foreign Subsidiary; <U>provided</U> that, in the case of each of clauses (A)&nbsp;and (B), (i)&nbsp;the Borrower hereby
agrees to use commercially reasonable efforts (x)&nbsp;to overcome or eliminate any such restrictions on repatriation, (y)&nbsp;to minimize
or eliminate any such costs or tax liabilities, and (z)&nbsp;to use the other cash resources of the Borrower and its Subsidiaries (subject
to this clause (vi)), so that an amount equal to the full amount of such Excess Cash Flow or Net Proceeds will otherwise be subject to
repayment under this <U>Section&nbsp;2.5</U> to the extent provided herein, (ii)&nbsp;the non-application of any portion of Excess Cash
Flow or Net Proceeds amount pursuant to this clause (vi)&nbsp;shall not constitute an Event of Default (and such amounts shall be available
for the working capital purposes of the applicable Foreign Subsidiary, in each case, subject to the repayment provisions in this clause
(vi)). For the avoidance of doubt, it is understood and agreed that (x)&nbsp;the Borrower shall be required to first use all Excess Cash
Flow (other than the amounts thereof affected as described in preceding clauses (A)&nbsp;and (B)&nbsp;of this clause (vi)) in order to
make the full amount of the mandatory repayment required to be made on the relevant payment date pursuant to <U>Section&nbsp;2.5(b)(i)</U>&nbsp;before
the preceding provisions of this clause (vi)&nbsp;shall apply, and (y)&nbsp;nothing in this clause (vi)&nbsp;shall require the Borrower
to cause any amounts to be repatriated to the United States (whether or not such amounts are used in or excluded from the determination
of the amount of any mandatory repayments 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-align: justify; text-indent: 1.5in">&#8239;(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Applicable
Prepayment Premium</U>. Without limiting the generality of <U>Section&nbsp;2.5</U>, and notwithstanding anything to the contrary in this
Agreement or any other Loan Document, the Loan Parties hereby acknowledge and agree that if the Obligations are accelerated for any reason
prior to the fourth anniversary of the Closing Date, including because of an Event of Default (including by operation of law or otherwise),
the commencement of any Insolvency Proceeding or other proceeding pursuant to any applicable debtor relief laws, sale, disposition or
encumbrance (including that by operation of law or otherwise) or a satisfaction or release by foreclosure (whether by power of judicial
proceeding), deed in lieu of foreclosure or by any other means, the Applicable Prepayment Premium, determined as of the date of acceleration
will also be due and payable as though said Obligations were voluntarily prepaid as of such date and shall constitute part of the Obligations,
in view of the impracticability and extreme difficulty of ascertaining actual damages and by mutual agreement of the parties as to a reasonable
calculation of each Lender&rsquo;s lost profits as a result thereof. The Applicable Prepayment Premium payable in accordance with the
immediately preceding sentence shall be presumed to be the liquidated damages sustained by each Lender as the result of the early termination
and the Loan Parties agree that it is reasonable under the circumstances. The Loan Parties expressly agree that: (i)&nbsp;the Applicable
Prepayment Premium is reasonable and is the product of an arm&rsquo;s length transaction between sophisticated business people, ably represented
by counsel, (ii)&nbsp;the Applicable Prepayment Premium shall be payable notwithstanding the then prevailing market rates at the time
payment is made, (iii)&nbsp;there has been a course of conduct between Lenders and the Loan Parties giving specific consideration in this
transaction for such agreement to pay the Applicable Prepayment Premium, and (iv)&nbsp;the Applicable Prepayment Premium represents a
good faith, reasonable estimate and calculation of the lost profits or damages of the Lenders and that it would be impractical and extremely
difficult to ascertain the actual amount of damages to the Lenders or profits lost by the Lenders as a result of any prepayment, including
as a result of any Prepayment Event. THE LOAN PARTIES EXPRESSLY WAIVE THE PROVISIONS OF ANY PRESENT OR FUTURE STATUTE OR LAW THAT PROHIBITS
OR MAY&nbsp;PROHIBIT THE COLLECTION OF THE APPLICABLE PREPAYMENT PREMIUM IN CONNECTION WITH ANY ACCELERATION OF THE OBLIGATIONS. The Loan
Parties expressly acknowledge that their respective agreement to pay the Applicable Prepayment Premium as herein described is a material
inducement to the Lenders to provide the Commitments hereunder and to make the Loan. Furthermore, the Loan Parties acknowledge and agree
that the Loan Parties and their respective affiliates shall be estopped hereafter from claiming differently than as agreed to with respect
to the Applicable Prepayment Premium and the Loan Parties acknowledge and agree that the Applicable Prepayment Premium is not intended
to act as a penalty or to punish the Loan Parties for any action.</P>

<P STYLE="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: justify; text-indent: 1in"><B>2.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Termination
or Reduction of Commitments</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
aggregate Term Loan Commitments shall be automatically and permanently reduced to zero on the Closing Date upon the funding of the Term
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-align: justify; text-indent: 1in"><B>2.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Repayment
of Obligations</B>. The Borrower shall repay to the Agent for the ratable account of the Lenders (i)&nbsp;on the last Business Day of
each March, June, September&nbsp;and December, commencing with December&nbsp;31, 2020, an aggregate principal amount equal to 1.25% of
the aggregate principal amount of the Term Loans funded on the Closing Date (which is $275,000,000) and (ii)&nbsp;on the Maturity Date
for the Term Loans, the aggregate principal amount of all Term Loans outstanding on such date; <U>provided</U> that payments required
by this <U>Section&nbsp;2.7</U> above shall be reduced as a result of the application of prepayments in accordance with the order of
priority set forth in <U>Section&nbsp;2.5</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"><B>2.8&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Interest</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to the provisions of <U>Section&nbsp;2.8(b)</U>&nbsp;below, (i)&nbsp;each <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan shall bear interest on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to
<FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> for such Interest Period <U>plus</U> the Applicable Margin for <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans; and (ii)&nbsp;each Base Rate Loan shall bear interest on the outstanding principal amount thereof from the applicable
borrowing date at a rate per annum equal to the Base Rate <U>plus</U> the Applicable Margin for Base Rate 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-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any Event of Default exists, then the Agent may, and upon the request of the Required Lenders shall, notify the Borrower that all outstanding
Obligations shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate and thereafter
(for so long as such Event of Default is continuing) such Obligations shall bear interest at the Default Rate to the fullest extent permitted
by Law; provided, that, upon the occurrence of an Event of Default under Sections 8.1(a)&nbsp;or (f)&nbsp;the Default Rate shall apply
automatically. Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon
demand.</P>

<P STYLE="font: 10pt 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as provided in <U>Section&nbsp;2.8(b)</U>, interest on each Loan shall be due and payable in arrears in cash on each Interest Payment
Date applicable thereto and at such other times as may be specified herein. Interest hereunder shall be due and payable in accordance
with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief 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"></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"><B>2.9&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Fees</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Upfront
Fee</U>. The Borrower shall pay to the Agent an upfront fee in Dollars on the Closing Date in an amount equal to 3.00% of the principal
amount of the Term Loans for the account of each 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-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Other
Fees</U>. The Borrower shall pay to the Agent for their own respective accounts fees in the amounts and at the times specified in the
Fee Letter. Such fees shall be fully earned when paid and shall not be refundable for any reason 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; text-align: justify; text-indent: 1in"><B>2.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Computation
of Interest</B>. All computations of interest for Base Rate Loans when the Base Rate is determined by the Prime Rate shall be made on
the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall
be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than
if computed on the basis of a 365-day year). Interest shall accrue on the Loan for the day on which the Loan is made, and shall not accrue
on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, <U>provided</U> that any Loan that is repaid
on the same day on which it is made shall, subject to <U>Section&nbsp;2.12(a)</U>, bear interest for one day. Each determination by the
Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>2.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Evidence
of Debt</B>. The Loans made by each Lender shall be evidenced by one or more accounts or records maintained by the Agent in the ordinary
course of business. In addition, each Lender may record in such Lender&rsquo;s internal records, an appropriate notation evidencing the
date and amount of each Loan from such Lender, each payment and prepayment of principal of any such Loan, and each payment of interest,
fees and other amounts due in connection with the Obligations due to such Lender. The accounts or records maintained by the Agent and
each Lender shall be conclusive absent manifest error of the amount of the Loans made by the Lenders to the Borrower and the interest
and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation
of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts
and records maintained by any Lender and the accounts and records of the Agent in respect of such matters, the accounts and records of
the Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Agent, the Borrower shall execute
and deliver to such Lender (through the Agent) a Note, which shall evidence such Lender&rsquo;s Loans in addition to such accounts or
records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its
Loans and payments with respect thereto. Upon receipt of an affidavit of a Lender as to the loss, theft, destruction or mutilation of
such Lender&rsquo;s Note and upon cancellation of such Note, the Borrower will issue, in lieu thereof, a replacement Note in favor of
such Lender, in the same principal amount thereof and otherwise of like tenor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>2.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Payments
Generally; Agent&rsquo;s Clawback</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>General</U>.
All payments to be made by the Borrower shall be made without deduction for any counterclaim, defense, recoupment or setoff. Except as
otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Agent, for the account of the respective
Lenders to which such payment is owed, at the Agent&rsquo;s Office in Dollars and in immediately available funds not later than 2:00
p.m.&nbsp;on the date specified herein. The Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable
share as provided herein) of such payment in Dollars by wire transfer to such Lender&rsquo;s Lending Office. All payments received by
the Agent after 2:00 p.m.&nbsp;shall, at the option of the Agent, be deemed received on the next succeeding Business Day and any applicable
interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day,
payment shall be made on the next following Business Day (other than with respect to payment of a <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan), and such extension of time shall be reflected in computing interest or fees, 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"></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">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Funding
by Lenders; Presumption by Agent</U>. Unless the Agent shall have received notice from a Lender prior to the proposed date of any Borrowing
of the Loan that such Lender will not make available to the Agent such Lender&rsquo;s share of such Borrowing, the Agent may assume that
such Lender has made such share available on such date in accordance with <U>Section&nbsp;2.2</U> (or in the case of a Borrowing of Base
Rate Loans, that such Lender has made such share available in accordance with and at the time required by <U>Section&nbsp;2.2</U>) and
may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact
made its share of the applicable Borrowing available to the Agent, then the applicable Lender and the Borrower severally agree to pay
to the Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and
including the date such amount is made available to the Borrower to but excluding the date of payment to the Agent, at (A)&nbsp;in the
case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Agent in accordance with
banking industry rules&nbsp;on interbank compensation plus any administrative processing or similar fees customarily charged by the Agent
in connection with the foregoing, and (B)&nbsp;in the case of a payment to be made by the Borrower, the interest rate applicable to Base
Rate Loans. If the Borrower and such Lender shall pay such interest to the Agent for the same or an overlapping period, the Agent shall
promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the
applicable Borrowing to the Agent, then the amount so paid shall constitute such Lender&rsquo;s Loan included in such Borrowing. Any payment
by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment
to the 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: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Payments
by Borrower; Presumptions by Agent</U>. Unless the Agent shall have received notice from the Borrower prior to the time at which any payment
is due to the Agent for the account of any of the Lenders hereunder that the Borrower will not make such payment, the Agent may assume
that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the
Lenders the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Lenders severally agrees to
repay to the Agent forthwith on demand the amount so distributed to such Lender, in immediately available funds with interest thereon,
for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Agent, at the greater
of the Federal Funds Rate and a rate determined by the Agent in accordance with banking industry rules&nbsp;on interbank compensation.
A notice of the Agent to any Lender or the Borrower with respect to any amount owing under this subsection (b)&nbsp;shall be conclusive,
absent manifest error.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Failure
to Satisfy Conditions Precedent</U>. If any Lender makes available to the Agent funds for any Loan to be made by such Lender as provided
in the foregoing provisions of this <U>Article&nbsp;II</U>, and such funds are not made available to the Borrower by the Agent because
the conditions to the Loan set forth in <U>Article&nbsp;IV</U> are not satisfied or waived in accordance with the terms hereof (subject
to the provisions of the last paragraph of <U>Section&nbsp;4.1</U> hereof), the Agent shall return such funds (in like funds as received
from such Lender) to such Lender, without 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"></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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Obligations
of Lenders Several</U>. The obligations of the Lenders hereunder to make Loans and to make payments hereunder are several and not joint.
The failure of any Lender to make any Loan or to make any payment hereunder on any date required hereunder shall not relieve any other
Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to
so make its Loan or to make its payment 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-align: justify; text-indent: 1in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Funding
Source</U>. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or
to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner.</P>

<P STYLE="font: 10pt 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>2.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Sharing
of Payments by Lenders</B>. If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect
of any principal of, interest on, or other amounts with respect to, any of the Obligations resulting in such Lender&rsquo;s receiving
payment of a proportion of the aggregate amount of such Obligations greater than its <U>pro</U>&nbsp;<U>rata</U> share thereof as provided
herein (including as in contravention of the priorities of payment set forth in <U>Section&nbsp;8.3</U>), then the Lender receiving such
greater proportion shall (a)&nbsp;notify the Agent of such fact, and (b)&nbsp;purchase (for cash at face value) participations in the
Obligations of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall
be shared by the Lenders ratably and in the priorities set forth in <U>Section&nbsp;8.3</U>, <U>provided</U> 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-align: justify; text-indent: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
any such participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is recovered, such
participations or subparticipations shall be rescinded and the purchase price restored to the extent of such recovery, without interest;
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: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
provisions of this Section&nbsp;shall not be construed to apply to (x)&nbsp;any payment made by the Loan Parties pursuant to and in accordance
with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender) or (y)&nbsp;any
payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans to any assignee or
participant, other than to the Borrower or any Restricted Subsidiary thereof (as to which the provisions of this Section&nbsp;shall apply
unless such assignment has been approved by the Required Lenders).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Each Loan Party consents to
the foregoing and agrees, to the extent it may effectively do so under Law, that any Lender acquiring a participation pursuant to the
foregoing arrangements may exercise against such Loan Party rights of setoff and counterclaim with respect to such participation as fully
as if such Lender were a direct creditor of such Loan Party in the amount of such participation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>2.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Benchmark
Replacement</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Benchmark
Replacement</U>. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark Transition
Event <FONT STYLE="color: red"><STRIKE>or an Early Opt-in Election, as applicable, the Agent and the Borrower may amend this Agreement
to replace the LIBOR Rate with </STRIKE></FONT><FONT STYLE="color: Green; border-bottom-style: double; border-bottom-width: 0.5pt"><U>and
its related Benchmark Replacement Date</U></FONT><U><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&nbsp;prior
to any setting of the then-current Benchmark, then (x)&nbsp;if</FONT></U> a Benchmark Replacement<FONT STYLE="color: red"><STRIKE>. Any
such amendment will become effective at 5:00 p.m.</STRIKE></FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>is
determined in accordance with clause (a)&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 (b)&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)</U></FONT> on the fifth (5th) Business Day after the <FONT STYLE="color: red"><STRIKE>Agent has posted such proposed</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>date
notice of such Benchmark Replacement is</U></FONT> pro<FONT STYLE="color: red"><STRIKE>pos</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>vid</U></FONT>ed <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>to the Lenders without
any </U></FONT>amendment to <FONT STYLE="color: red"><STRIKE>all Lenders and the Borrower</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
or further action or consent of any other party to, this Agreement or any other Loan Document</U></FONT> so long as the Agent has not
received, by such time, written notice of objection to such <FONT STYLE="color: red"><STRIKE>amendment</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Benchmark
Replacement</U></FONT> from Lenders comprising the Required Lenders. <FONT STYLE="color: red"><STRIKE>No replacement of the LIBOR Rate
with a</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>If
the</U></FONT> Benchmark Replacement <FONT STYLE="color: red"><STRIKE>pursuant to this </STRIKE><U><STRIKE>Section&nbsp;2.14(a)</STRIKE></U><STRIKE>&nbsp;will
occur prior to the applicable Benchmark Transition Start Date</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>is
Daily Simple SOFR, all interest payments will be made on a monthly 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; text-align: center; color: red"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="color: red"><B><U><STRIKE>Benchmark
Replacement </STRIKE></U></B></FONT><U>Conforming Changes</U>. In connection with the <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>use,
administration, adoption or </U></FONT>implementation of a Benchmark Replacement, the Agent will have the right to make <FONT STYLE="color: red"><STRIKE>Benchmark
Replacement </STRIKE></FONT>Conforming Changes, in consultation with the Borrower (provided that the Agent&rsquo;s decision shall be
conclusive), from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing
such <FONT STYLE="color: red"><STRIKE>Benchmark Replacement </STRIKE></FONT>Conforming Changes will become effective without any further
action or consent of any other party to this Agreement <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>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; text-align: justify; text-indent: 1in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Notices;
Standards for Decisions and Determinations</U>. The Agent will promptly notify the Borrower and the Lenders of (i)<FONT STYLE="color: red"><STRIKE>&nbsp;any
occurrence of a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date
and Benchmark Transition Start Date, (ii)&nbsp;</STRIKE></FONT>the implementation of any Benchmark Replacement<FONT STYLE="color: red"><STRIKE>, </STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and</U></FONT>
(ii<FONT STYLE="color: red"><STRIKE>i</STRIKE></FONT>) the effectiveness of any <FONT STYLE="color: red"><STRIKE>Benchmark
Replacement </STRIKE></FONT>Conforming Changes <FONT STYLE="color: red"><STRIKE>and (iv)&nbsp;the commencement or conclusion of any
Benchmark Unavailability Period</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>in
connection with the use, administration, adoption or implementation of a Benchmark Replacement. The Agent will promptly notify the
Borrower of the removal and reinstatement of any tenor of a Benchmark pursuant to Section&nbsp;2.14(e)&nbsp;below</U></FONT>. Any
determination, decision or election that may be made by the Agent pursuant to this <U>Section&nbsp;2.14</U>, including any
determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date
and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may be made in
its or their sole discretion and without consent from any other party hereto, except, in each case, as expressly required pursuant
to this <U>Section&nbsp;2.14</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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Benchmark
Unavailability Period</U><I>.</I> Upon the Borrower&rsquo;s receipt of notice of the commencement of a Benchmark Unavailability Period,
the Borrower may revoke any request for a <FONT STYLE="color: red"><STRIKE>LIBOR</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Borrowing of, conversion to or continuation of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be
deemed to have converted any such request into a request for a Borrowing of or conversion to Base Rate Loans. <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Any
conversion of SOFR Loans to Base Rate Loans required by the preceding sentence shall be subject to Section&nbsp;3.5. </U></FONT>During
any Benchmark Unavailability Period <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>or
at any time that a tenor for the then-current Benchmark is not an Available Tenor</U></FONT>, the component of <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
</U></FONT>Base Rate based upon the <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>then-current
Benchmark or such tenor for such Benchmark, as applicable,</U></FONT> will not be used in any determination of <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
</U></FONT>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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(e)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Unavailability
of Tenor of Benchmark. 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 the Term SOFR Reference
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 Agent in its reasonable discretion or (B)&nbsp;the administration of such Benchmark or the
regulatory supervisor for the administrator of such Benchmark has provided a public statement or publication of information announcing
that any tenor for such Benchmark is or will be no longer representative or in compliance with or aligned with the International Organization
of Securities Commissions (IOSCO) Principles for Financial Benchmarks, then the Agent may modify the definition of &ldquo;Interest Period&rdquo;
(or any similar or analogous definition) for any Benchmark settings at or after such time to remove such unavailable or non-representative,
non-compliant or non-aligned 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 or in compliance with or aligned with the International Organization
of Securities Commissions (IOSCO) Principles for Financial Benchmarks for a Benchmark (including a Benchmark Replacement), then the Agent
may modify the definition of &ldquo;Interest Period&rdquo; (or any similar or analogous definition) 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>

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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"></P>

<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; text-align: justify; text-indent: 0.5in"><B>2.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Defaulting
Lenders</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Adjustments</U>.
Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time
as that Lender is no longer a Defaulting Lender, to the extent permitted by applicable Law:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Waivers
and Amendments</U>. That Defaulting Lender&rsquo;s right to approve or disapprove any amendment, waiver or consent with respect to this
Agreement shall be restricted as set forth in the definition of &ldquo;Required Lenders&rdquo; and <U>Section&nbsp;10.1</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; text-align: justify; text-indent: 1.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Reallocation
of Payments</U>. Any payment of principal, interest, fees or other amounts received by the Agent for the account of that Defaulting Lender
(whether voluntary or mandatory, at maturity, pursuant to <U>Article&nbsp;VIII</U> or otherwise, and including any amounts made available
to the Agent by that Defaulting Lender pursuant to <U>Section&nbsp;10.9</U>), shall be applied at such time or times as may be determined
by the Agent as follows: <U>first</U>, to the payment of any amounts owing by that Defaulting Lender to the Agent hereunder; <U>second</U>,
as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect of which that Defaulting
Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Agent; <U>third</U>, if so determined
by the Agent and the Borrower, to be held in a non-interest bearing deposit account and released in order to satisfy such Defaulting Lender&rsquo;s
potential future funding with respect to Loans under this Agreement; <U>fourth</U>, so long as no Default or Event of Default exists,
to the payment of any amounts owing to the Borrower as a result of any judgment of a court of competent jurisdiction obtained by the Borrower
against that Defaulting Lender as a result of that Defaulting Lender&rsquo;s breach of its obligations under this Agreement; and <U>fifth</U>,
to that 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 in respect of which that Defaulting Lender has not fully funded its appropriate share
and (y)&nbsp;such Loans were made at a time when the conditions set forth in <U>Article&nbsp;IV</U> were satisfied or waived, such payment
shall be applied solely to pay the Loans of all Non-Defaulting Lenders on a non-pro rata basis prior to being applied to the payment of
any Loans of that Defaulting Lender until such time as all Loans are held by the Lenders pro rata in accordance with the Commitments.
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 pursuant to this <U>Section&nbsp;2.15(a)(ii)</U>&nbsp;shall be deemed paid to and redirected by that 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; text-align: justify; text-indent: 1.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Responsibility</U>.
The failure of any Defaulting Lender to fund any purchase of any participation to be made or funded by it, or to make any payment required
by it under any Loan Document on the date specified therefor shall not relieve any other Lender of its obligations to make such loan,
fund the purchase of any such participation, or make any other such required payment on such date, and neither Agent nor, other than as
expressly set forth herein, any other Lender shall be responsible for the failure of any Defaulting Lender to make a loan, fund the purchase
of a participation or make any other required payment under any Loan Document.</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"></P>

<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; text-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Defaulting
Lender Cure</U>. Once the Defaulting Lender has cured such default in a manner reasonably satisfactory to the Agent and the Borrower,
the Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions
set forth therein, that Lender will, to the extent applicable, purchase that portion of outstanding Loans of the other Lenders or take
such other actions as the Agent may determine to be necessary to cause the Loans to be held on a pro rata basis by the Lenders in accordance
with their Commitments, whereupon that Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively
with respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided,
further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to a
Lender that is not a Defaulting 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; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;III</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Taxes, Yield Protection and Illegality</FONT></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: 1in"><B>3.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Taxes</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Payments
Free of Taxes; Obligation to Withhold; Payments on Account of Taxes</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: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Laws. If any applicable Laws (as determined in the good faith discretion of the Agent
or Loan Party, as applicable) require the deduction or withholding of any Tax from any such payment by the Agent or a Loan Party, then
the Agent or such Loan Party shall be entitled to make such deduction or withholding, upon the basis of the information and documentation
to be delivered pursuant to subsection (e)&nbsp;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-align: justify; text-indent: 1.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any Loan Party or the Agent shall be required by any applicable Laws to withhold or deduct any Taxes from any payment, then (A)&nbsp;such
Loan Party or the Agent, as required by such Laws, shall withhold or make such deductions as are determined by it to be required based
upon the information and documentation it has received pursuant to subsection (e)&nbsp;below, (B)&nbsp;such Loan Party or the Agent, to
the extent required by such Laws, shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance
with such Laws, and (C)&nbsp;to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable
by the applicable Loan Party shall be increased as necessary so that after any required withholding or the making of all required deductions
(including deductions applicable to additional sums payable under this <U>Section&nbsp;3.1</U>) the applicable Recipient receives an amount
equal to the sum it would have received had no such withholding or deduction 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-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Payment
of Other Taxes by the Borrower</U>. Without limitation or duplication of the provisions of subsection (a)&nbsp;above, the Borrower shall
timely pay to the relevant Governmental Authority in accordance with applicable Law, or at the option of the Agent timely reimburse it
for the payment of, any Other Taxes.</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Tax
Indemnifications</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: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Loan Parties shall, and each Loan Party does hereby, jointly and severally indemnify each Recipient, and shall make payment in respect
thereof 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 <U>Section&nbsp;3.1</U>) payable or paid by such Recipient or required to be withheld
or deducted from a payment to such Recipient, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate
as to the amount of such payment or liability delivered to the Borrower by a Lender (with a copy to the Agent), or by the 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;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Lender shall, and does hereby, severally indemnify, and shall make payment in respect thereof within 10 days after demand therefor, (x)&nbsp;the
Agent against any Indemnified Taxes attributable to such Lender (but only to the extent that any Loan Party has not already indemnified
the Agent for such Taxes that are Indemnified Taxes and without limiting the obligation of the Loan Parties to do so), (y)&nbsp;the Agent
against any Taxes attributable to such Lender&rsquo;s failure to comply with the provisions of <U>Section&nbsp;10.6(d)</U>&nbsp;relating
to the maintenance of a Participant Register and (z)&nbsp;the Agent against any Excluded Taxes attributable to such Lender that are payable
or paid by the Agent or a Loan Party in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect
thereto, in each case 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 Agent shall be conclusive absent manifest error.
Each Lender hereby authorizes the Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement
or any other Loan Document against any amount due to the Agent under this clause (ii).</P>

<P STYLE="font: 10pt 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Evidence
of Payments</U>. After any payment of Taxes by the Borrower to a Governmental Authority as provided in this <U>Section&nbsp;3.1</U>, the
Borrower shall as soon as practicable deliver to the Agent, the original or a certified copy of a receipt issued by such Governmental
Authority evidencing such payment, a copy of any return required by Laws to report such payment or other evidence of such payment reasonably
satisfactory to the 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">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Status
of Recipients; Tax Documentation</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: 1.5in">&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
Recipient that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document
shall deliver to the Borrower and the Agent, at the time or times reasonably requested by the Borrower or the Agent, such properly completed
and executed documentation reasonably requested by the Borrower or the Agent as will permit such payments to be made without withholding
or at a reduced rate of withholding. In addition, any Recipient, if reasonably requested by the Borrower or the Agent, shall deliver such
other documentation prescribed by applicable Law or reasonably requested by the Borrower or the Agent as will enable the Borrower or the
Agent to determine whether or not such Recipient 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;3.1(e)(ii)(A)</U>, <U>(ii)(B)</U>&nbsp;and <U>(ii)(D)</U>&nbsp;below) shall not be required
if in the Recipient&rsquo;s reasonable judgment such completion, execution or submission would subject such Recipient to any material
unreimbursed cost or expense or would materially prejudice the legal or commercial position of such 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; text-align: justify; text-indent: 1.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Without
limiting the generality of the foregoing, in the event that the Borrower is organized in the United States,</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"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&#8239;(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Lender that is not a Foreign Lender shall deliver to the Borrower and the Agent on or prior to the date on which such Lender becomes a
Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the 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 0pt 1in; text-align: justify; text-indent: 0.5in">&#8239;(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Agent (in such number of copies as
shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from
time to time thereafter upon the reasonable request of the Borrower or the 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 1.5in; text-align: justify; text-indent: 0.5in">&#8239;(I)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party, (x)&nbsp;with respect
to payments of interest under any Loan Document, executed copies of IRS Form&nbsp;W-8BEN or W-8BEN-E establishing an exemption from, or
reduction of, U.S. federal withholding Tax pursuant to the &ldquo;interest&rdquo; article of a tax treaty and (y)&nbsp;with respect to
any other applicable payments under any Loan Document,&nbsp;IRS Form&nbsp;W-8BEN or W-8BEN-E 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 1.5in; text-align: justify; text-indent: 0.5in">(II)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;executed
copies 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 1.5in; text-align: justify; text-indent: 0.5in">(III)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(x)&nbsp;a
certificate substantially in the form of <U>Exhibit&nbsp;F-1</U> 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 the 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;<U>U.S. Tax Compliance Certificate</U>&rdquo;) and (y)&nbsp;executed copies of IRS Form&nbsp;W-8BEN or W-8BEN-E; 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 1.5in; text-align: justify; text-indent: 0.5in">(IV)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent that the Foreign Lender 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 or W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of <U>Exhibit&nbsp;F-2</U> or <U>Exhibit&nbsp;F-3</U>,&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 <U>Exhibit&nbsp;F-4</U> 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 1in; text-align: justify; text-indent: 0.5in">&#8239;(C)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Agent (in such number of copies as
shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from
time to time thereafter upon the reasonable request of the Borrower or the 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 the Borrower or the 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 0pt 1in; text-align: justify; text-indent: 0.5in">&#8239;(D)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Borrower and the Agent at the time or times prescribed by law and at such time
or times reasonably requested by the Borrower or the 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 Borrower or the Agent as
may be necessary for the Borrower and the 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-align: justify; text-indent: 1.5in">&#8239;(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Lender agrees that if any form or certification it previously delivered pursuant to this <U>Section&nbsp;3.1</U> expires or becomes obsolete
or inaccurate in any material respect, it shall update such form or certification or promptly notify the Borrower and the Agent in writing
of its legal inability to do so.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Treatment
of Certain Refunds</U>. Unless required by applicable Laws, at no time shall the Agent have any obligation to file for or otherwise pursue
on behalf of a Lender or Loan Party, or have any obligation to pay to any Lender, any refund of Taxes withheld or deducted from funds
paid for the account of such Lender. If any Recipient 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 by any Loan Party or with respect to which any Loan Party has paid additional
amounts pursuant to this <U>Section&nbsp;3.1</U>, it shall pay to the Loan Party an amount equal to such refund (but only to the extent
of indemnity payments made, or additional amounts paid, by a Loan Party under this <U>Section&nbsp;3.1</U> with respect to the Taxes giving
rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by such Recipient, and without interest (other than
any interest paid by the relevant Governmental Authority with respect to such refund), <U>provided</U> that the Loan Party, upon the request
of the Recipient, agrees to repay the amount paid over to the Loan Party (plus any penalties, interest or other charges imposed by the
relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such refund to such Governmental Authority.
Notwithstanding anything to the contrary in this subsection (f), in no event will the applicable Recipient be required to pay any amount
to the Loan Party pursuant to this subsection (f)&nbsp;the payment of which would place the Recipient in a less favorable net after-Tax
position than such Recipient would have been in if the indemnification payments or additional amounts giving rise to such refund had never
been paid. This subsection (f)&nbsp;shall not be construed to require any Recipient to make available its tax returns (or any other information
relating to its taxes that it deems confidential) to any Loan 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; text-align: justify; text-indent: 1in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Survival</U>.
Each party&rsquo;s obligations under this <U>Section&nbsp;3.1</U> shall survive the resignation or replacement of the 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
other 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">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Agent
Tax Forms</U>. Agent and any successor or supplemental Agent shall deliver to the Borrower on or prior to the date such person becomes
an Agent under this Agreement two executed copies of (i)&nbsp;if such Agent is a &ldquo;United States person&rdquo; (as defined in Section&nbsp;7701(a)(30)
of the Code) IRS Form&nbsp;W-9 certifying that such Agent is exempt from U.S. federal backup withholding tax or (ii)&nbsp;if such Agent
is not a &ldquo;United States person&rdquo; (as defined in Section&nbsp;7701(a)(30) of the Code<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue"><B><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt ">)</U></B></FONT>,
(A)&nbsp;with respect to amounts received on its own account, an executed applicable IRS Form&nbsp;W-8ECI and (B)&nbsp;with respect to
amounts received on account of any Lender, an executed IRS W-8IMY certifying that it is either (i)&nbsp;a &ldquo;qualified intermediary&rdquo;
and that it assumes primary withholding responsibility under Chapters 3 and 4 of the Code and primary Form&nbsp;1099 reporting and backup
withholding responsibility for payments it receives for the account of others or (ii)&nbsp;a &ldquo;U.S. branch&rdquo; and that the payments
it receives for the account of others are not effectively connected with the conduct of a trade or business in the United States and that
it is using such form as evidence of its agreement with Borrower to be treated as a &ldquo;United States person&rdquo; as set forth in
U.S. Treasury Regulation Section&nbsp;1.1441-1(b)(2)(iv). Notwithstanding anything in this <U>Section&nbsp;3.1(h)</U>&nbsp;to the contrary,
the Agent shall not be required to provide any documentation pursuant to this Section&nbsp;3.10(j)&nbsp;that the Agent is legally ineligible
to deliver.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>3.2&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Illegality</B>.
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 or its applicable Lending Office to make, maintain or fund <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans, or to determine or charge interest rates based upon <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT>, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell,
or to take deposits of, Dollars in the London interbank market, then, on notice thereof by such Lender to the Borrower through the Agent,
(i)&nbsp;any obligation of such Lender to make or continue <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans or to Convert Base Rate Loans to <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans shall be suspended, and (ii)&nbsp;if such notice asserts the illegality of such Lender making or maintaining Base Rate
Loans the interest rate on which is determined by reference to <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> component of the Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such
illegality, be determined by the Agent without reference to <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> component of the Base Rate, in each case, until such Lender notifies the Agent and the Borrower that the circumstances
giving rise to such determination no longer exist. Upon receipt of such notice, (x)&nbsp;the Borrower shall, upon demand from such Lender
(with a copy to the Agent), prepay or, if applicable, Convert all <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to
avoid such illegality, be determined by the Agent without reference to <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue
to maintain such <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans and (y)&nbsp;if such notice asserts the illegality of such Lender determining or charging interest rates based upon
<FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT>, the Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference
to <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> component thereof until the Agent is advised in writing by such Lender that it is no longer illegal for such Lender to
determine or charge interest rates based upon <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT>. Upon any such prepayment or Conversion, the Borrower shall also pay accrued interest on the amount so prepaid or Converted.</P>

<P STYLE="font: 10pt 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>3.3&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Inability
to Determine Rates</B>. If in connection with any request for a <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan or a Conversion to or continuation thereof: (a)&nbsp; the Agent determines that <FONT STYLE="color: red"><STRIKE>(i)&nbsp;Dollar
deposits are not being offered to banks in the London interbank market for the applicable amount and Interest Period of such LIBOR Rate
Loan, or (ii)&nbsp;</STRIKE></FONT>adequate and reasonable means do not exist for determining <FONT STYLE="color: red"><STRIKE>the LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> for any requested Interest Period with respect to a proposed <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan or in connection with an existing or proposed Base Rate Loan, or (b)&nbsp;the Agent or the Required Lenders determine
that for any reason <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> for any requested Interest Period with respect to a proposed <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan does not adequately and fairly reflect the cost to such Lenders of funding such <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan, the Agent will promptly so notify the Borrower and each Lender. Thereafter, (x)&nbsp;the obligation of the Lenders to
make or maintain <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans shall be suspended (to the extent of the affected <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans or Interest Periods) and (y)&nbsp;in the event of a determination described in the preceding sentence with respect to
<FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> component of the Base Rate, the utilization of <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT> component in determining the Base Rate shall be suspended, in each case until the Agent upon the instruction of the Required
Lenders revokes such notice or the condition giving rise to such suspension has terminated. Upon receipt of such notice, the Borrower
may revoke any pending request for a Borrowing of, Conversion to or continuation of <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans (to the extent of the affected <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans or Interest Periods) or, failing that, will be deemed to have Converted such request into a request for a Borrowing
of Base Rate Loans in the amount specified 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"></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"><B>3.4&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Increased
Costs; Reserves on <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></B><B>Loans.</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Increased
Costs Generally</U>. If any Change in Law occurring after the date that such Lender first became a Lender 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; text-align: justify; text-indent: 1.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;impose,
modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits
with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement contemplated by <U>Section&nbsp;3.4(e)</U>&nbsp;or
otherwise reflected in <FONT STYLE="color: red"><STRIKE>the LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>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-align: justify; text-indent: 1.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;subject
any Recipient to any Taxes (other than (A)&nbsp;Indemnified Taxes, (B)&nbsp;Taxes described in clauses (b)&nbsp;through (d)&nbsp;of the
definition of Excluded Taxes and (C)&nbsp;Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other
obligations, or its deposits, reserves, other liabilities or capital attributable thereto; 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; text-align: justify; text-indent: 1.5in">&#8239;(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;impose
on any Lender or the London interbank market any other condition, cost or expense affecting this Agreement or <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loans made 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; text-align: justify">and the result of any of the foregoing shall
be to increase the cost to such Lender of making, converting to, continuing or maintaining any <FONT STYLE="color: red"><STRIKE>LIBOR
Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan (or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by
such Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender, the Borrower will pay to
such Lender such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Capital
Requirements</U>. If any Lender determines that any Change in Law occurring after the date that such Lender first became a Lender affecting
such Lender or any Lending Office of such Lender or such Lender&rsquo;s holding company, if any, regarding capital or liquidity requirements
has or would have the effect of reducing the rate of return on such Lender&rsquo;s capital or on the capital or liquidity of such Lender&rsquo;s
holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by such Lender, to a level
below that which such Lender or such Lender&rsquo;s holding company could have achieved but for such Change in Law (taking into consideration
such Lender&rsquo;s policies and the policies of such Lender&rsquo;s holding company with respect to capital adequacy), then from time
to time the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender&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; text-align: justify; text-indent: 1in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Certificates
for Reimbursement</U>. A certificate of a Lender setting forth the amount or amounts necessary to compensate such Lender or its holding
company, as the case may be, as specified in subsection (a)&nbsp;or (b)&nbsp;of this Section&nbsp;and delivered to the Borrower shall
include a written statement setting forth in reasonable detail the basis for calculating such amount or amounts and be conclusive absent
manifest error. The Borrower shall pay such Lender 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"></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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Delay
in Requests</U>. Failure or delay on the part of any Lender to demand compensation pursuant to the foregoing provisions of this <U>Section&nbsp;3.4
</U>shall not constitute a waiver of such Lender&rsquo;s right to demand such compensation, <U>provided</U> that the Borrower shall not
be required to compensate a Lender pursuant to the foregoing provisions of this Section&nbsp;for any increased costs incurred or reductions
suffered more than six months prior to the date that such Lender notifies the Borrower of the Change in Law giving rise to such increased
costs or reductions and of such Lender&rsquo;s intention to claim compensation therefor (except that, if the Change in Law giving rise
to such increased costs or reductions is retroactive, then the six-month 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; text-align: justify; text-indent: 1in; color: red"><STRIKE>(e)&nbsp;</STRIKE><U><STRIKE>Reserves
on LIBOR Rate Loans</STRIKE></U><STRIKE>. The Borrower shall pay to each Lender, as long as such Lender shall be required to maintain
reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as &ldquo;Eurocurrency
liabilities&rdquo;), additional interest on the unpaid principal amount of each LIBOR Rate Loan equal to the actual costs of such reserves
allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which shall
be due and payable on each date on which interest is payable on such Loan, </STRIKE><U><STRIKE>provided</STRIKE></U> <STRIKE>the Borrower
shall have received at least 10 days&rsquo; prior notice (with a copy to the Agent) of such additional interest from such Lender, together
with a written statement setting forth in reasonable detail the basis for calculating the additional amounts owed to such Lender under
this </STRIKE><U><STRIKE>Section&nbsp;3.4(e)</STRIKE></U><STRIKE>. If a Lender fails to give notice 10 days prior to the relevant Interest
Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.</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"><B>3.5&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Compensation
for Losses</B>. Upon demand of any Lender (with a copy to the Agent), which demand shall include a written statement, setting forth in
reasonable detail the basis for calculating amounts owed to such Lender pursuant to this <U>Section&nbsp;3.5</U>, from time to time,
the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense actually incurred,
without duplication of any amounts to which a Lender is otherwise entitled pursuant to the other provisions of this <U>Article&nbsp;III</U>,
by it as a result 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">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
continuation, Conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest
Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, 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-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or Convert any
Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; 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">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
assignment of a <FONT STYLE="color: red"><STRIKE>LIBOR Rate</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT>Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to
<U>Section&nbsp;10.14</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">including any loss or expense
arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits
from which such funds were obtained (but excluding any loss of anticipated profits). The Borrower shall also pay any customary administrative
fees charged by such Lender in connection with 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; color: red"><STRIKE>For purposes
of calculating amounts payable by the Borrower to the Lenders under this </STRIKE><U><STRIKE>Section&nbsp;3.5</STRIKE></U><STRIKE>, each
Lender shall be deemed to have funded each LIBOR Rate Loan made by it at the LIBOR Rate for such Loan by a matching deposit or other
borrowing in the London interbank market for a comparable amount and for a comparable period, whether or not such LIBOR Rate Loan was
in fact so funded.</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-align: justify; text-indent: 1in; color: blue"><FONT STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Such
loss, cost or expense to any Lender shall be deemed to be the amount arising from the liquidation or redeployment of funds. A certificate
of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section&nbsp;3.5 shall be
delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on
any such certificate promptly after receipt 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-align: justify; text-indent: 1in"><B>3.6&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Mitigation
Obligations; Replacement of Lenders</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: 1in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Designation
of a Different Lending Office</U>. If any Lender requests compensation under <U>Section&nbsp;3.4</U>, or requires the Borrower to pay
any additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to <U>Section&nbsp;3.1</U>,
or if any Lender gives a notice pursuant to <U>Section&nbsp;3.2</U>, then such Lender shall use reasonable efforts to designate a different
Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices,
branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i)&nbsp;would eliminate or reduce amounts
payable pursuant to <U>Section&nbsp;3.1</U> or <U>3.4</U>, as the case may be, in the future, or eliminate the need for the notice pursuant
to <U>Section&nbsp;3.2</U>, as applicable, and (ii)&nbsp;in each case, would not subject such Lender to any unreimbursed cost or expense
and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred
by any Lender in connection with any such designation or assignment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>Replacement
of Lenders</U>. If any Lender requests compensation under <U>Section&nbsp;3.4</U>, has invoked the provisions of <U>Section&nbsp;3.2</U>,
or if the Borrower is required to pay any additional amounts to any Lender or any Governmental Authority for the account of any Lender
pursuant to <U>Section&nbsp;3.1</U> and, in each case, such Lender has declined or is unable to designate a different Lending Office
in accordance with <U>Section&nbsp;3.6(a)</U>&nbsp;that eliminates such increased compensation or other additional amounts, the Borrower
may replace such Lender in accordance with <U>Section&nbsp;10.14</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"><B>3.7&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Survival</B>.
All of the Borrower&rsquo;s obligations under this <U>Article&nbsp;III</U> shall survive termination of the Commitments, repayment of
all other Obligations hereunder, and resignation of the 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"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IV</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Conditions Precedent to Credit Extensions</FONT></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: 1in"><B>4.1&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Conditions
of Initial Credit Extension</B>. The obligation of each Lender to make its Term Loan hereunder is subject to satisfaction of the following
conditions precedent:</P>

<P STYLE="font: 10pt Times New 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">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Agent&rsquo;s receipt of the following, each of which shall be originals, telecopies or other electronic image scan transmission (e.g.,
 &ldquo;pdf&rdquo; or &ldquo;tif&rdquo; via e-mail) (followed promptly by originals) unless otherwise specified, each dated the Closing
Date (or, in the case of certificates of governmental officials, a recent date before the Closing 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 1in; text-align: justify; text-indent: 0.5in">&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;counterparts
of this Agreement each properly executed by a Responsible Officer of the signing Loan Party and the Lenders in such number as the Agent
may request;</P>

<P STYLE="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; text-indent: 0.5in">&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
Note executed by the Borrower in favor of each Lender requesting a Note;</P>

<P STYLE="font: 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">&#8239;(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
certificates of resolutions or other action, incumbency certificates and/or other certificates of Responsible Officers of each Loan Party
as the Agent may require evidencing (A)&nbsp;the authority of each Loan Party to enter into this Agreement and the other Loan Documents
to which such Loan Party is a party or is to become a party and (B)&nbsp;the identity, authority and capacity of each Responsible Officer
thereof authorized to act as a Responsible Officer in connection with this Agreement and the other Loan Documents to which such Loan Party
is a party or is to become a party and each in form and substance reasonably satisfactory to the 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 1in; text-align: justify; text-indent: 0.5in">&#8239;(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;copies
of each Loan Party&rsquo;s Organization Documents and such other documents and certifications as the Agent may reasonably request as to
good standing in its jurisdiction of organization;</P>

<P STYLE="font: 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">&#8239;(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
favorable opinion of Latham&nbsp;&amp; Watkins LLP addressed to the Agent and each Lender on the Closing Date, as to such matters concerning
the Loan Parties and the Loan Documents as the Agent may reasonably request, in form and substance reasonably satisfactory to the 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 1in; text-align: justify; text-indent: 0.5in">&#8239;(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
certificate of a Responsible Officer of the Borrower certifying (A)&nbsp;that the conditions specified in this <U>Section&nbsp;4.1</U>
have been satisfied, (B)&nbsp;that there has been no event or circumstance since the date of the Audited Financial Statements that has
had or could be reasonably expected to have, either individually or in the aggregate, a Material Adverse Effect, (C)&nbsp;to the Solvency
of the Loan Parties, on a Consolidated basis, as of the Closing Date after giving effect to the Transactions, and (D)&nbsp;to the knowledge
of such Responsible Officer, that all consents, licenses or approvals required in connection with the execution, delivery and performance
by the Loan Parties of the Loan Documents to which they are party, if any, have been obtained and are in full force and 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 1in; text-align: justify; text-indent: 0.5in">&#8239;(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;subject
to Section&nbsp;6.15, evidence reasonably satisfactory to the Agent that all insurance required to be maintained pursuant to the Loan
Documents and all certificates and endorsements in favor of the Agent required under the Loan Documents have been obtained and are in
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 1in; text-align: justify; text-indent: 0.5in">&#8239;(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
payoff letter from the agent under the Existing Term Loan Facility reasonably satisfactory in form and substance to the Agent evidencing
that such loan facility has been terminated, all obligations paid in full, and all Liens securing obligations of the Loan Parties under
such facility have been or concurrently with the Closing Date are being released;</P>

<P STYLE="font: 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">&#8239;(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Security Documents (other than Mortgages and Control Agreements (as such term is defined in the Guaranty and Security Agreement) to be
delivered post-closing) and all other Loan Documents (to the extent to be executed on the Closing Date), each duly executed by the applicable
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 1in; text-align: justify; text-indent: 0.5in">&#8239;(x)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Intercreditor Agreement Joinder, dated as of the date hereof, and fully executed by the ABL Agent, the Agent, and acknowledged 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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;results
of searches or other evidence reasonably satisfactory to the Agent (in each case dated as of a date reasonably satisfactory to the Agent)
indicating the absence of Liens on the assets of the Loan Parties, except for Liens permitted by <U>Section&nbsp;7.1</U> and Liens for
which termination statements and releases, satisfactions and discharges of any mortgages, in each case satisfactory to the Agent are
being tendered concurrently with such extension of credit or other arrangements satisfactory to the Agent for the delivery of such termination
statements have 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 1in; text-align: justify; text-indent: 0.5in">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A)&nbsp;all
documents and instruments, including Uniform Commercial Code financing statements reasonably requested by the Agent to be filed, registered
or recorded to create or perfect the first priority Liens (subject to the ABL Intercreditor Agreement) intended to be created under the
Loan Documents and (B)&nbsp;control agreements to the extent required under the Security Documents; 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-align: justify; text-indent: 0.5in">(xiii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
other assurances, certificates, documents, consents or opinions as the Agent reasonably 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
fees and expenses required to be paid to the Agent on or before the Closing Date shall have been paid in full, and all fees and expenses
required to be paid to the Lenders on or before the Closing Date shall have been paid in full.</P>

<P STYLE="font: 10pt Times New 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall have paid all fees, charges and disbursements of counsel to the Agent to the extent invoiced prior to or on the Closing
Date, plus such additional amounts of such fees, charges and disbursements as shall constitute its reasonable estimate of such fees,
charges and disbursements incurred or to be incurred by it through the Closing Date (<U>provided</U> that such estimate shall not thereafter
preclude a final settling of accounts between the Borrower and the Agent).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agent and the Lenders shall have received, at least four (4)&nbsp;Business Days prior to the Closing Date, all documentation and other
information required by regulatory authorities under applicable &ldquo;know your customer&rdquo; and anti-money laundering rules&nbsp;and
regulations, including without limitation the Act, requested by the Agent or Lenders seven (7)&nbsp;Business Days prior to the Closing
Date.</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
representations and warranties of each Loan Party contained in <U>Article&nbsp;V</U> or in any other Loan Document, shall be true and
correct in all material respects on and as of the Closing Date, except (i)&nbsp;to the extent that such representations and warranties
specifically refer to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date,
and (ii)&nbsp;in the case of any representation and warranty qualified by materiality, in which case they shall be true and correct in
all respects.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Default or Event of Default shall exist, or would result from the application of the proceeds thereof.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agent shall have received a Committed Loan Notice in accordance with the requirements hereof.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Without limiting the generality of the provisions
of <U>Section&nbsp;9.4</U>, for purposes of determining compliance with the conditions specified in this <U>Section&nbsp;4.1</U>, each
Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document
or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Agent shall
have received notice from such Lender prior to the proposed Closing Date specifying its objection 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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;V</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Representations and Warranties</FONT></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">To induce the Agent and the
Lenders to enter into this Agreement and to make Loans hereunder, the Borrower, on behalf of each Loan Party, represents and warrants
to the Agent and the Lenders that:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Existence,
Qualification and Power</B>. Each Loan Party (a)&nbsp;is a corporation, limited liability company, partnership or limited partnership,
duly incorporated, organized or formed, validly existing and, where applicable, in good standing under the Laws of the jurisdiction of
its incorporation, organization or formation, (b)&nbsp;has all requisite power and authority and all requisite governmental licenses,
permits, authorizations, consents and approvals to (i)&nbsp;own or lease its assets and carry on its business and (ii)&nbsp;execute,
deliver and perform its obligations under the Loan Documents to which it is a party, and (c)&nbsp;is duly qualified and is licensed and,
where applicable, in good standing under the Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct
of its business requires such qualification or license; except in each case referred to in clause (c), to the extent that failure to
do so could not reasonably be expected to have a Material Adverse Effect. The Perfection Certificate sets forth, as of the Closing Date,
each Loan Party&rsquo;s name as it appears in official filings in its state of incorporation or organization, its state of incorporation
or organization, organization type, organization number, if any, issued by its state of incorporation or organization, and its federal
employer identification number.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Authorization;
No Contravention</B>. The execution, delivery and performance by each Loan Party of each Loan Document to which such Person is or is
to be a party, has been duly authorized by all necessary corporate or other organizational action, and does not and will not (a)&nbsp;contravene
the terms of any of such Person&rsquo;s Organization Documents; (b)&nbsp;except where such conflict would not reasonably be expected
to have a Material Adverse Effect, conflict with or result in any breach, termination, or contravention of, or constitute a default under
(i)&nbsp;any Material Indebtedness to which such Person is a party or (ii)&nbsp;any order, injunction, writ or decree of any Governmental
Authority or any arbitral award to which such Person or its property is subject; (c)&nbsp;result in or require the creation of any Lien
upon any asset of any Loan Party (other than Liens in favor of the Agent under the Security Documents and Liens permitted by <U>Section&nbsp;7.1</U>);
or (d)&nbsp;except where such violation would not reasonably be expected to have a Material Adverse Effect, violate any Law.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governmental
Authorization; Other Consents</B>. No material approval, consent, exemption, authorization, or other action by, or notice to, or filing
with, any Governmental Authority or any other Person is necessary or required in connection with the execution, delivery or performance
by, or enforcement against, any Loan Party of this Agreement or any other Loan Document, except for (a)&nbsp;the perfection or maintenance
of the Liens created under the Security Documents or (b)<B>&nbsp;</B>such as have been obtained or made and are in full force and 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Binding
Effect</B>. This Agreement has been, and each other Loan Document, when delivered, will have been, duly executed and delivered by each
Loan Party that is party thereto. This Agreement constitutes, and each other Loan Document when so delivered will constitute, a legal,
valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto 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.</P>

<P STYLE="font: 10pt 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>5.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statements; No Material Adverse Effect</B>.</P>

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<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;The
Audited Financial Statements (i)&nbsp;were prepared in accordance with GAAP consistently applied throughout the period covered thereby,
except as otherwise expressly noted therein and (ii)&nbsp;fairly present the financial condition of the Borrower and its Subsidiaries
as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout
the period covered thereby, except as otherwise expressly noted 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-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
unaudited Consolidated balance sheet of the Borrower and its Subsidiaries dated July&nbsp;31, 2020, and the related Consolidated statements
of income or operations, Shareholders&rsquo; Equity and cash flows for the Fiscal Quarter ended on that date (i)&nbsp;were prepared in
accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein, and (ii)&nbsp;fairly
present the financial condition of the Borrower and its Subsidiaries as of the date thereof and their results of operations for the period
covered thereby, subject, in the case of clauses (i)&nbsp;and (ii), to the absence of footnotes and to normal year-end audit adjustments.</P>

<P STYLE="font: 10pt 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;Since
the date of the Audited Financial Statements, there has been no event or circumstance, either individually or in the aggregate, that
has had or could reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;The
Consolidated forecasted balance sheet and statements of income and cash flows of the Borrower and its Subsidiaries delivered to the Agent
were prepared in good faith on the basis of the assumptions stated therein, which assumptions were fair in light of the conditions existing
at the time of delivery of such forecasts it being acknowledged and agreed by the Credit Parties that projections as to future events
are not to be viewed as facts and that the actual results during the period or periods covered by such projections may vary from the
actual results and such variances may be material.</P>

<P STYLE="font: 10pt 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>5.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Litigation</B>.
There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Loan Parties, threatened or contemplated,
at law, in equity, in arbitration or before any Governmental Authority, by or against any Loan Party or any of its Restricted Subsidiaries
or against any of its properties or revenues that (a)&nbsp;purport to materially adversely affect or pertain to this Agreement or any
other Loan Document, or any of the transactions contemplated hereby, or (b)&nbsp;either individually or in the aggregate, would be customarily
disclosed in the Borrower&rsquo;s periodic filings with the SEC (unless so disclosed prior to the Closing 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-align: justify; text-indent: 1in"><B>5.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved]</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: 1in"><B>5.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ownership
of Property; Liens</B>.</P>

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<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
of the Loan Parties has good record and marketable title in fee simple to or valid leasehold interests in, all Real Estate necessary
or used in the ordinary conduct of its business, except as would not, individually or in the aggregate, reasonably be expected to have
a Material Adverse Effect. Each of the Loan Parties has good and marketable title to, valid leasehold interests in, or valid licenses
to use all personal property and assets used in the conduct of its business except as would not, individually or in the aggregate, reasonably
be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Perfection Certificate sets forth the address of all Real Estate (excluding Leases) that is owned by the Loan Parties and indicates each
piece of Real Estate constituting a Mortgaged Property. The Perfection Certificate sets forth the address of all Leases of the Loan Parties,
together with the name of each lessor and its contact information with respect to each such Lease as of the Closing Date. As of the Closing
Date, each material Lease so identified in the Perfection Certificate is in full force and effect and the Loan Parties are not in material
default of the terms thereof except as disclosed to the Lenders prior to the Closing 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-align: justify; text-indent: 1in"><B>5.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Environmental
Compliance</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Loan Party (i)&nbsp;has failed, within the preceding five (5)&nbsp;years, to comply with any Environmental Law or to obtain, maintain
or comply with any permit, license or other approval required under any Environmental Law, (ii)&nbsp;has become subject to any Environmental
Liability, (iii)&nbsp;has received notice of any claim with respect to any Environmental Liability or (iv)&nbsp;knows of any basis for
any Environmental Liability, except, in each case, as would not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;Except,
in each case, as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect: none of the properties
currently or formerly owned or operated by any Loan Party is listed or proposed for listing on the NPL or on the CERCLIS or any analogous
foreign, state or local list or is adjacent to any such property; there are no and, to the best knowledge of the Loan Parties, never
have been any underground or above-ground storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous
Materials are being or have been treated, stored or disposed on any property currently owned or operated by any Loan Party or, to the
best of the knowledge of the Loan Parties, on any property formerly owned or operated by any Loan Party; there is no asbestos or asbestos-containing
material on any property currently owned or operated by any Loan Party; and Hazardous Materials have not been released, discharged or
disposed of on any property currently or formerly owned or operated by any 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-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except,
in each case, as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, no Loan Party
is undertaking, and no Loan Party has completed, either individually or together with other potentially responsible parties, any investigation
or assessment or remedial or response action relating to any actual or threatened release, discharge or disposal of Hazardous Materials
at any site, location or operation, either voluntarily or pursuant to the order of any Governmental Authority or the requirements of
any Environmental Law. All Hazardous Materials generated, used, treated, handled or stored at, or transported to or from, any property
currently or, to the best knowledge of the Loan Parties, formerly owned or operated by any Loan Party have been disposed of in a manner
not reasonably 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-align: justify; text-indent: 1in"><B>5.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insurance</B>.
The properties of the Loan Parties are insured in accordance with <U>Section&nbsp;6.7</U> hereof with financially sound and reputable
insurance companies which are not Affiliates of the Loan Parties, in such amounts (after giving effect to any self-insurance compatible
with the following standards), with such deductibles and covering such risks (including, without limitation, worker&rsquo;s compensation,
commercial general liability, insurance on real and personal property and directors and officers liability insurance) as are reasonably
determined by the Borrower and customarily carried by companies engaged in similar businesses and owning similar properties in localities
where the Loan Parties operate. The Perfection Certificate sets forth a description of all insurance maintained by or on behalf of the
Loan Parties as of the Closing Date. As of the Closing Date, each insurance policy listed in the Perfection Certificate is in full force
and effect and all premiums in respect thereof that are due and payable have been paid.</P>

<P STYLE="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"><B>5.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxes</B>.
The Loan Parties have filed all Federal, state and other material tax returns and reports required to be filed, and have paid all Federal,
state and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their properties, income
or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings being diligently
conducted, for which adequate reserves have been provided in accordance with GAAP. There is no proposed tax assessment against any Loan
Party that would, if made, have a Material Adverse Effect. As of the Closing Date, no Loan Party or any Subsidiary thereof is a party
to any tax sharing agreement other than in connection with the Separation 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"><B>5.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ERISA
Compliance</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as would not reasonably be expected to have a Material Adverse Effect, (i)&nbsp;each Plan and, to the knowledge of the Loan Parties,
any Multiemployer Plan is in compliance with the applicable provisions of ERISA, the Code and other Federal or state laws, and (ii)&nbsp;each
Plan that is intended to be a qualified plan under Section&nbsp;401(a)&nbsp;of the Code has received a favorable determination letter
from the Internal Revenue Service to the effect that the form of such Plan is qualified under Section&nbsp;401(a)&nbsp;of the Code and
the trust related thereto has been determined by the Internal Revenue Service to be exempt from federal income tax under Section&nbsp;501(a)&nbsp;of
the Code, or an application for such a letter is currently being processed by the Internal Revenue Service. To the best knowledge of
the Loan Parties, nothing has occurred that would prevent or cause the loss of such tax-qualified status.</P>

<P STYLE="font: 10pt 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;There
are no pending or, to the knowledge of the Loan Parties, threatened claims, actions or lawsuits, or action by any Governmental Authority,
with respect to any Plan and, to the knowledge of the Loan Parties, any Multiemployer Plan that would reasonably be expected to have
a Material Adverse Effect. There has been no prohibited transaction or violation of the fiduciary responsibility rules&nbsp;with respect
to any Plan that has resulted 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-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as would not reasonably be expected to have a Material Adverse Effect, (i)&nbsp;no ERISA Event has occurred, and neither the Borrower
nor any ERISA Affiliate is aware of any fact, event or circumstance that would reasonably be expected to constitute or result in an ERISA
Event with respect to any Pension Plan or Multiemployer Plan; (ii)&nbsp;the Borrower and each ERISA Affiliate meet all applicable requirements
under the Pension Funding Rules&nbsp;in respect of each Pension Plan, and no waiver of the minimum funding standards under the Pension
Funding Rules&nbsp;has been applied for or obtained; (iii)&nbsp;as of the most recent valuation date for any Pension Plan, the funding
target attainment percentage (as defined in Section&nbsp;430(d)(2)&nbsp;of the Code) is 80% or higher; (iv)&nbsp;neither the Borrower
nor any ERISA Affiliate has incurred any unsatisfied liability to the PBGC other than for the payment of premiums, and there are no premium
payments which have become due that are unpaid; (v)&nbsp;neither the Borrower nor any ERISA Affiliate has engaged in a transaction described
in Section&nbsp;4069 or Section&nbsp;4212(c)&nbsp;of ERISA; and (vi)&nbsp;no Pension Plan has been terminated by the plan administrator
thereof nor by the PBGC, and no event or circumstance has occurred or exists that would reasonably be expected to cause the PBGC to institute
proceedings under Title IV of ERISA to terminate any Pension 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-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any Foreign Plan, none of the following events or conditions exists and is continuing that, either individually or in the
aggregate, would reasonably be expected to have a Material Adverse Effect: (i)&nbsp;substantial non-compliance with its terms and with
the requirements of any and all applicable laws, statutes, rules, regulations and orders; (ii)&nbsp;failure to be maintained, where required,
in good standing with applicable regulatory authorities; (iii)&nbsp;any obligation of the Borrower or its Restricted Subsidiaries in
connection with the termination or partial termination of, or withdrawal from, any such Foreign Plan; (iv)&nbsp;any Lien on the property
of the Borrower or its Restricted Subsidiaries in favor of a Governmental Authority as a result of any action or inaction regarding such
a Foreign Plan; (v)&nbsp;for each Foreign Plan which is required to be a funded or insured plan, failure to be funded or insured on an
ongoing basis to the extent required by applicable non-U.S. law (using actuarial methods and assumptions which are consistent with the
valuations last filed with the applicable Governmental Authorities); (vi)&nbsp;any facts that, to the knowledge of the Borrower or any
of its Restricted Subsidiaries, exist that would reasonably be expected to give rise to a dispute and any pending or threatened disputes
that, to the knowledge of the Borrower or any of its Restricted Subsidiaries, would reasonably be expected to result in a material liability
to the Borrower or any of its Restricted Subsidiaries concerning the assets of any such Foreign Plan (other than individual claims for
the payment of benefits); and (vii)&nbsp;failure to make any contributions in a timely manner to the extent required by applicable non-U.S.
law.</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; text-align: justify; text-indent: 1in"><B>5.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsidiaries;
Equity Interests</B>. As of the Closing Date, the Loan Parties have no Subsidiaries other than those disclosed in the Perfection Certificate,
which sets forth the legal name, jurisdiction of incorporation or formation and authorized Equity Interests of each such Subsidiary.
All of the outstanding Equity Interests in the Loan Parties (other than the Borrower) and such Subsidiaries have been validly issued,
are fully paid and non-assessable (to the extent such terms are applicable in the relevant jurisdiction) and, as of the Closing Date,
are owned by the Persons specified and in the amounts specified in the Perfection Certificate free and clear of all Liens other than
Liens permitted by <U>Section&nbsp;7.1</U>. Except as set forth in the Perfection Certificate, there are no outstanding rights to purchase
any Equity Interests in any Subsidiary as of the Closing Date. As of the Closing Date, the Loan Parties have no equity investments in
any other corporation or entity other than those specifically disclosed in the Perfection Certificate. The copies of the Organization
Documents of each Loan Party and each amendment thereto provided pursuant to <U>Section&nbsp;4.1</U> are true and correct copies of each
such document as of the Closing Date, each of which was valid and in full force and effect as of the Closing Date.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Margin
Regulations; Investment Company Act</B>.</P>

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<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;No
Loan Party is engaged or will be engaged, principally or as one of its important activities, in the business of purchasing or carrying
margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin
stock. None of the proceeds of the Loans shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock,
for the purpose of reducing or retiring any Indebtedness that was originally incurred to purchase or carry any margin stock or for any
other purpose that might cause any of the Loans to be considered a &ldquo;purpose credit&rdquo; within the meaning of Regulations T,
U, or X issued by the FRB.</P>

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<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;None
of the Loan Parties or any Restricted Subsidiary is or is required to be registered as an &ldquo;investment company&rdquo; under the
Investment Company Act of 1940.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Disclosure</B>.
As of the Closing Date, the reports, financial statements, certificates and other written information (other than projections, estimates,
other forward looking information and other than information of a general economic or industry nature) concerning the Borrower or any
of the Loan Parties and the Transactions furnished by or on behalf of any Loan Party to the Agent or any Lender in connection with the
Transactions and the negotiation of this Agreement or delivered hereunder or under any other Loan Document, when taken as a whole, do
not contain any material misstatement of fact or omit to state any material fact necessary to make the statements therein, in the light
of the circumstances under which they were made, not materially misleading; <I>provided, </I>that, with respect to projected financial
information, <I>pro forma</I> financial information, estimates and other forward looking information, the Borrower represents only that
such information was prepared in good faith based upon assumptions believed to be reasonable at the time delivered; it being understood
that such financial information as it relates to future events is not to be viewed as fact and that such projections may vary from actual
results and that such variances may be material.</P>

<P STYLE="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: justify; text-indent: 1in"><B>5.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compliance
with Laws</B>. Each of the Loan Parties is in compliance (a)&nbsp;in all material respects with the requirements of all Laws and all
orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which (i)&nbsp;such requirement
of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted or (ii)&nbsp;the
failure to comply therewith, either individually or in the aggregate, would be customarily disclosed in the Borrower&rsquo;s periodic
filings with the SEC (unless so disclosed prior to the Closing Date), and (b)&nbsp;with <U>Sections&nbsp;10.18</U> and <U>10.19</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intellectual
Property; Licenses, Etc.</B> Except as, individually or in the aggregate, would not reasonably be expected to have a Material Adverse
Effect, the Loan Parties own, or possess the right to use, all of the Intellectual Property, licenses, permits and other authorizations
that are reasonably necessary for the operation of their respective businesses, without, to the knowledge of the Loan Parties, conflict
with the rights of any other Person or infringement upon any rights held by any other Person. No claim or litigation regarding any of
the foregoing is pending or, to the best knowledge of the Loan Parties, threatened, which, either individually or in the aggregate, would
reasonably be expected to have a Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Labor
Matters</B>. Except as, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect, (i)&nbsp;there
are no strikes, lockouts, slowdowns or other labor disputes against any Loan Party pending or, to the knowledge of any Loan Party, threatened;
(ii)&nbsp;the hours worked by and payments made to employees of the Loan Parties comply with the Fair Labor Standards Act and any other
applicable federal, state, local or foreign Law dealing with such matters; (iii)&nbsp;no Loan Party has incurred any liability or obligation
under the Worker Adjustment and Retraining Notification Act or similar state Law; and (iv)&nbsp;all payments due from any Loan Party,
or for which any claim may be made against any Loan Party, on account of wages and employee health and welfare insurance and other benefits,
have been paid or properly accrued in accordance with GAAP as a liability on the books of such Loan Party. Except as set forth on <U>Schedule&nbsp;5.18</U>,
as of the Closing Date, no Loan Party is a party to or bound by any collective bargaining agreement. As of the Closing Date, there are
no representation proceedings pending or, to any Loan Party&rsquo;s knowledge, threatened to be filed with the National Labor Relations
Board, and no labor organization or group of employees of any Loan Party has made a pending demand for recognition. There are no complaints,
unfair labor practice charges, grievances, arbitrations, unfair employment practices charges or any other claims or complaints against
any Loan Party pending or, to the knowledge of any Loan Party, threatened to be filed with any Governmental Authority or arbitrator based
on, arising out of, in connection with, or otherwise relating to the employment or termination of employment of any employee of any Loan
Party which would individually or in the aggregate reasonably be expected to result in a Material Adverse Effect. The consummation of
the transactions contemplated by the Loan Documents will not give rise to any right of termination or right of renegotiation on the part
of any union under any collective bargaining agreement to which any Loan Party is bound.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Security
Documents</B>.</P>

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<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;The
Guaranty and Security Agreement creates in favor of the Agent, for the benefit of the Credit Parties referred to therein, a legal, valid,
continuing and enforceable security interest in the Collateral (as defined in the Guaranty and Security Agreement), 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. Upon the making of the filings contemplated in the Guaranty
and Security Agreement and/or the obtaining of &ldquo;control&rdquo; (as defined in the UCC) of the Collateral under the Guaranty and
Security Agreement, the Agent will have a perfected Lien on, and security interest in, to and under all right, title and interest of
the Loan Parties thereunder in all Collateral that may be perfected under the UCC (in effect on the date this representation is made)
by filing, recording or registering a financing statement or analogous document (including without limitation the proceeds of such Collateral
subject to the limitations relating to such proceeds in the UCC) or by obtaining control, in each case prior and superior in right to
any other Person (other than Permitted Encumbrances which by operation of Law or the ABL Intercreditor Agreement or any Customary Intercreditor
Agreement would have priority to the Liens securing 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"></P>

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<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
Mortgage creates, or when executed will create, in favor of the Agent, for the benefit of the Credit Parties referred to therein, a legal,
valid, continuing and enforceable security interest in the applicable Mortgaged Property, 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. Upon the recording of each Mortgage, the Agent will have a perfected Lien
on, and security interest in, to and under all right, title and interest of the Loan Parties thereunder in the applicable Mortgaged Property,
in each case prior and superior in right to any other Person (other than Permitted Encumbrances that by operation of Law or the ABL Intercreditor
Agreement or any Customary Intercreditor Agreement would have priority to the Liens securing 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-align: justify; text-indent: 1in"><B>5.20&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solvency</B>.
As of the Closing Date, after giving effect to the Transactions, the Loan Parties, on a Consolidated basis, are Solvent.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</B>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.22&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brokers</B>.
No Loan Party or Affiliate thereof has any obligation to any Person in respect of any finder&rsquo;s or brokerage fees in connection
with the entry into this Agreement, other than as set forth in the Fee Letter.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.23&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Customer
and Trade Relations</B>. There exists no actual or, to the knowledge of any Loan Party, threatened, termination or cancellation of, or
any adverse modification or change in the business relationship of any Loan Party with any supplier that, individually or in the aggregate,
would reasonably be expected to have a Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</B>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.25&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Casualty</B>.
Since the date of the Audited Financial Statements, the businesses and properties of the Loan Parties and their Restricted Subsidiaries,
considered as a whole, have not been affected by any fire, explosion, accident, strike, lockout or other labor dispute, drought, storm,
hail, earthquake, embargo, act of God or of the public enemy or other Casualty Event (whether or not covered by insurance) that, either
individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>5.26&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">OFAC/Sanctions;
Anti-Corruption Laws; Anti-Money Laundering Laws</FONT></B>. No Loan Party nor any of its Subsidiaries is in violation of any Sanctions.
No Loan Party nor any of its Subsidiaries nor, to the knowledge of such Loan Party, any director, officer, employee, agent or Affiliate
of such Loan Party or such Subsidiary (a)&nbsp;is a Sanctioned Person or a Sanctioned Entity, (b)&nbsp;has any assets located in Sanctioned
Entities, or (c)&nbsp;derives revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. Each of the
Loan Parties and its Subsidiaries has implemented and maintains in effect policies and procedures designed to ensure compliance by the
Loan Parties and their Subsidiaries and their respective directors, officers, employees, agents and Affiliates with the applicable Sanctions,
Anti-Corruption Laws, and Anti-Money Laundering Laws. Each of the Loan Parties and its Subsidiaries, and to the knowledge of each such
Loan Party, each director, officer, employee, agent and Affiliate of each such Loan Party and each such Subsidiary, is in compliance
with the applicable Sanctions and, in all material respects, Anti-Corruption Laws and Anti-Money Laundering Laws. No proceeds of any
Loan made hereunder will be used, directly or, to the knowledge of any Loan Party after due care and inquiry, indirectly, to fund any
operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person or a Sanctioned Entity, or otherwise
used in any manner that would result in a violation of any applicable Sanctions, Anti-Corruption Laws or Anti-Money Laundering Laws by
any Person (including any Credit Party or other individual or entity participating in any transaction).</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; text-align: justify; text-indent: 1in"><B>5.27&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patriot
Act</B>. To the extent applicable, each Loan Party is in compliance, in all material respects, with the (a)&nbsp;Trading with the Enemy
Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter
V, as amended) and any other enabling legislation or executive order relating thereto, and (b)&nbsp;Uniting and Strengthening America
by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of 2001, as amended) (the &ldquo;Patriot
Act&rdquo;).</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>Article&nbsp;VI</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Affirmative Covenants</FONT></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">So long as any Lender shall
have any Commitment hereunder, any Loan or other Loan Agreement Obligation hereunder shall remain unpaid or unsatisfied (other than contingent
indemnification claims for which a claim has not been asserted), the Borrower shall, and shall (except in the case of the covenants set
forth in <U>Sections&nbsp;6.1</U>, <U>6.2</U>, and <U>6.3</U>) cause each of its Restricted Subsidiaries to:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>6.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statements</B>. Deliver to the Agent:</P>

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<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;as
soon as available, but in any event within 90 days after the end of each Fiscal Year of the Borrower (commencing with the Fiscal Year
ending January&nbsp;30, 2021), a Consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such Fiscal Year, and
the related Consolidated statements of income or operations, Shareholders&rsquo; Equity and cash flows for such Fiscal Year, setting
forth in each case in comparative form the figures for the previous Fiscal Year, all in reasonable detail and prepared in accordance
with GAAP, such Consolidated statements to be audited and accompanied by a report and opinion of a Registered Public Accounting Firm
of nationally recognized standing reasonably acceptable to the Agent, which report and opinion shall be prepared in accordance with generally
accepted auditing standards and shall not be subject to any &ldquo;going concern&rdquo; or like qualification or exception or any qualification
or exception as to the scope of such audit other than any such qualification or exception that is solely with respect to, or resulting
solely from, an upcoming maturity date under this Agreement, the ABL Facility or any other Indebtedness occurring within one year from
the time such report is delivered;</P>

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<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;as
soon as available, but in any event within 45 days after the end of each of the Fiscal Quarters of the Borrower (commencing with the
Fiscal Quarter ending on or around October&nbsp;30, 2020), a Consolidated balance sheet of the Borrower and its Subsidiaries as at the
end of such Fiscal Quarter, and the related consolidated statements of income or operations, Shareholders&rsquo; Equity and cash flows
for such Fiscal Quarter and for the portion of the Borrower&rsquo;s Fiscal Year then ended, setting forth in each case in comparative
form the figures for (A)&nbsp;the corresponding Fiscal Quarter of the previous Fiscal Year and (B)&nbsp;the corresponding portion of
the previous Fiscal Year, all in reasonable detail, such Consolidated statements to be certified by a Responsible Officer of the Borrower
as fairly presenting the financial condition, results of operations, Shareholders&rsquo; Equity and cash flows of the Borrower and its
Subsidiaries as of the end of such Fiscal Quarter in accordance with GAAP, subject only to normal year-end audit adjustments and the
absence of footnotes; 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; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
soon as available, but in any event no more than 60 days after the end of each Fiscal Year of the Borrower (commencing with the Fiscal
Year ending January&nbsp;30, 2021), forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Agent, consisting
of a projected balance sheet, income statement and cash flows of the Borrower and its Subsidiaries on a monthly basis for the immediately
following Fiscal Year (including the Fiscal Year in which the Maturity Date occurs).</P>

<P STYLE="font: 10pt 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>6.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificates;
Other Information</B>. Deliver to the 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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;concurrently
with the delivery of the financial statements referred to in <U>Sections&nbsp;6.1(a)</U>&nbsp;and <U>(b)</U>, (i)&nbsp;a duly completed
Compliance Certificate signed by a Responsible Officer of the Borrower, and in the event of any change in generally accepted accounting
principles used in the preparation of such financial statements, a statement of reconciliation conforming such financial statements to
GAAP, (ii)&nbsp;[reserved], (iii)&nbsp;in the case of a Compliance Certificate delivered in connection with the delivery of financial
statements referred to in <U>Section&nbsp;6.1(a)</U>, reasonably detailed calculations, beginning with the financial statements for the
fiscal year of the Borrower ending January&nbsp;30, 2022, of Excess Cash Flow for such fiscal year, and (iv)&nbsp;a reasonably detailed
calculation of the Net Proceeds received during the applicable period by or on behalf of the Borrower or any Restricted Subsidiary in
respect of any event described in <U>Section&nbsp;2.5(b)(ii)</U>&nbsp;and the portion of such Net Proceeds that has been invested or
are intended to be reinvested in accordance with <U>Section&nbsp;2.5(b)(ii)(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: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;prompt
notice of any transaction or series of transactions which are part of a common plan whereby 25% or more of the number of Stores operated
by the Loan Parties are 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; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;within
1 Business Day after the end of each week, a liquidity certificate demonstrating in reasonable detail compliance at the end of the preceding
week with Section&nbsp;7.15(b)&nbsp;in form and substance reasonably acceptable to the 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
upon receipt, copies of any report submitted to the board of directors (or the audit committee of the board of directors) of any Loan
Party by its Registered Public Accounting Firm in connection with any Internal Control Event or any other event that would reasonably
be expected, individually or in the aggregate with other events, 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-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
after the same are available, copies of each annual report, proxy or financial statement or other report or communication sent to the
stockholders of the Loan Parties, and copies of all annual, regular, periodic and special reports and registration statements which any
Loan Party may file or be required to file with the SEC under Section&nbsp;13 or 15(d)&nbsp;of the Securities Exchange Act of 1934;</P>

<P STYLE="font: 10pt 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;[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">(g)&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"></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">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;upon
request of the Agent after the end of each Fiscal Year of the Loan Parties, evidence of insurance renewals as required under <U>Section&nbsp;6.7
</U>hereunder in form and substance reasonably acceptable to the 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">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
after the Agent&rsquo;s request therefor, copies of all documents evidencing 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; text-align: justify; text-indent: 1in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved];
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: 1in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly,
such additional information regarding the business affairs, financial condition or operations of any Loan Party or any Restricted Subsidiary,
or compliance with the terms of the Loan Documents, as the Agent (on its own behalf or on behalf of any Lender) may from time to time
reasonably request.</P>

<P STYLE="font: 10pt 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">Documents required to be delivered pursuant to
<U>Section&nbsp;6.1</U> or <U>Section&nbsp;6.2</U> may be delivered by electronic mail or by posting to a website and, if so delivered
by posting to a website, shall be deemed to have been delivered on the date (i)&nbsp;on which the Borrower posts such documents, or provides
a link thereto on the Borrower&rsquo;s website on the Internet at the website address listed on <U>Schedule&nbsp;10.2</U>; 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 each Lender and the
Agent have access (whether a commercial, third-party website or whether sponsored by the Agent and including, without limitation, the
website of the SEC). The Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above,
and in any event shall have no responsibility to monitor compliance by the Loan Parties with any such request for delivery, and each
Lender shall be solely responsible for requesting delivery to it or 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; text-align: justify">The Loan Parties hereby acknowledge that (a)&nbsp;the
Agent will make available to the Lenders materials and/or information provided by or on behalf of the Loan Parties hereunder (collectively,
 &ldquo;<U>Borrower Materials</U>&rdquo;) by posting the Borrower Materials on Debt Domain,&nbsp;IntraLinks, Syndtrak or another similar
electronic system (the &ldquo;<U>Platform</U>&rdquo;) and (b)&nbsp;certain of the Lenders may be &ldquo;public-side&rdquo; Lenders (<U>i.e.</U>,
Lenders that do not wish to receive material non-public information with respect to the Loan Parties or their securities) (each, a &ldquo;<U>Public
Lender</U>&rdquo;). The Loan Parties hereby agree that so long as any Loan Party is the issuer of any outstanding debt or equity securities
that are registered or issued pursuant to a private offering or is actively contemplating issuing any such securities they will use commercially
reasonable efforts to identify that portion of the Borrower Materials that may be distributed to the Public Lenders and that (w)&nbsp;all
such Borrower Materials shall be clearly and conspicuously marked &ldquo;PUBLIC&rdquo; which, at a minimum, shall mean that the word
 &ldquo;PUBLIC&rdquo; shall appear prominently on the first page&nbsp;thereof; (x)&nbsp;by marking Borrower Materials &ldquo;PUBLIC,&rdquo;
the Loan Parties shall be deemed to have authorized the Agent and the Lenders to treat such Borrower Materials as not containing any
material non-public information (although it may be sensitive and proprietary) with respect to the Loan Parties or their securities for
purposes of the Securities Laws (<U>provided</U>, <U>however</U>, that to the extent such Borrower Materials constitute Information,
they shall be treated as set forth in <U>Section&nbsp;10.8</U>); (y)&nbsp;all Borrower Materials marked &ldquo;PUBLIC&rdquo; are permitted
to be made available through a portion of the Platform designated &ldquo;Public Investor&rdquo;; and (z)&nbsp;the Agent shall be entitled
to treat any Borrower Materials that are not marked &ldquo;PUBLIC&rdquo; as being suitable only for posting on a portion of the Platform
not designated &ldquo;Public Investor.&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>6.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notices</B>.
Promptly notify the Agent upon obtaining knowledge:</P>

<P STYLE="font: 10pt Times New 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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
the occurrence of any Default or 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"></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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
any matter that has resulted 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
any breach or non-performance of, or any default under, with respect to any Material Indebtedness of any Loan Party or any Restricted
Subsidiary thereof, in each case, to the extent such breach, non-performance or default is material or would otherwise give the other
party to such Material Indebtedness the right to terminate such 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-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
receipt by any Loan Party or any Restricted Subsidiary thereof of a notice or other correspondence from any Governmental Authority (including,
without limitation, the SEC (or comparable agency in any applicable non-U.S. jurisdiction)) concerning any proceeding, investigation
or possible investigation or other inquiry by such Governmental Authority regarding financial or other operational results of any Loan
Party or any Restricted Subsidiary thereof or any other matter, in each case which, if adversely determined, could reasonably be expected
to have a Material Adverse Effect or require disclosure pursuant to any SEC filings (provided, that, such SEC filing shall satisfy this
clause (d));</P>

<P STYLE="font: 10pt Times New 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
any dispute, litigation, investigation, proceeding or suspension between any Loan Party or any Restricted Subsidiary thereof and any
Governmental Authority; or the commencement of, or any material development in, any litigation or proceeding affecting any Loan Party
or any Restricted Subsidiary thereof, including pursuant to any applicable Environmental Laws, in each case which would be reasonably
expected to result in a Material Adverse Effect or require disclosure pursuant to any SEC filings (provided, that, such SEC filing shall
satisfy this clause (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-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
the occurrence of any ERISA Event or any event described in Section&nbsp;5.12(d)(i)&nbsp;through (vii)&nbsp;with respect to a Foreign
Plan that could reasonably be expected to result in a Lien or a liability in excess of $5,000,000;</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
any material change in accounting policies or financial reporting practices by any Loan Party or any Restricted Subsidiary 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-align: justify; text-indent: 0.5in">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
the filing of any Lien for unpaid Taxes against any Loan Party in excess of $5,000,000;</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the
taking of any interest in a material portion of the Collateral under power of eminent domain or by condemnation or similar proceeding
or if any material portion of the Collateral is damaged or destroyed. Each notice pursuant to this Section&nbsp;shall be accompanied
by a statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what
action the Borrower has taken and proposes to take 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 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
any change in the Borrower&rsquo;s &ldquo;named executive officers&rdquo; (which notice may be accomplished by the filing of a Form&nbsp;8-K
in connection with such change);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of
the discharge by the Borrower of its present Registered Public Accounting Firm or any withdrawal or resignation by such Registered Public
Accounting Firm (which notice may be accomplished by the filing of a Form&nbsp;8-K in connection with such discharge, withdrawal or resignation);
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">(l)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;promptly
after the Agents&rsquo; or any Lender&rsquo;s request therefor, such information as requested pursuant to Section&nbsp;10.17.</P>

<P STYLE="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"><B>6.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payment
of Taxes</B>. Pay and discharge before the same shall become delinquent, (i)&nbsp;all material taxes, assessments and governmental charges
or levies imposed upon it or upon its property (ii)&nbsp;all material payments required to be made to any Pension Plan, and (iii)&nbsp;all
lawful material claims that, if unpaid, might by law become a Lien upon its property; <U>provided</U> that neither the Borrower nor any
of its Subsidiaries shall be required to pay or discharge any such material tax, assessment, charge or claim that is being contested
in good faith and by proper proceedings and as to which appropriate reserves are being maintained in accordance with GAAP, unless and
until any Lien resulting therefrom attaches to its property and becomes enforceable against its other creditors.</P>

<P STYLE="font: 10pt 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>6.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preservation
of Existence, Etc.</B> (a)&nbsp;Preserve, renew and maintain in full force and effect its legal existence and good standing under the
Laws of the jurisdiction of its organization or formation except in a transaction permitted by <U>Section&nbsp;7.4</U> or <U>7.5</U>;
(b)&nbsp;take all reasonable action to maintain all rights, privileges, permits, licenses and franchises necessary or desirable in the
normal conduct of its business, except to the extent that failure to do so would not reasonably be expected to have a Material Adverse
Effect; and (c)&nbsp;preserve or renew all of its Intellectual Property, except to the extent the failure to do so would 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-align: justify; text-indent: 1in"><B>6.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintenance
of Properties</B>. Except, in each case, where the failure to do so would not reasonably be expected to have a Material Adverse Effect:
(a)&nbsp;maintain, preserve and protect all of its material properties and equipment necessary in the operation of its business in good
working order and condition, ordinary wear and tear excepted; and (b)&nbsp;make all necessary repairs thereto and renewals and replacements
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"><B>6.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintenance
of Insurance</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintain
or cause to be maintained with financially sound and reputable insurance companies and not Affiliates of the Loan Parties, insurance
with respect to its properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the
same or similar business and operating in the same or similar locations or as is required by Law, of such types and in such amounts (after
giving effect to any self-insurance compatible with the following standards) as are customarily carried under similar circumstances by
such other Persons.</P>

<P STYLE="font: 10pt 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;Maintain
for themselves and their Restricted Subsidiaries, a Directors and Officers insurance policy, and a &ldquo;Blanket Crime&rdquo; policy
with responsible companies in such amounts as are customarily carried by business entities engaged in similar businesses similarly situated,
and will upon request by the Agent furnish the Agent certificates evidencing renewal of each such policy.</P>

<P STYLE="font: 10pt 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;If
any portion of any Mortgaged Property is at any time located in an area identified by the Federal Emergency Management Agency (or any
successor agency) as a special flood hazard area with respect to which flood insurance has been made available under the National Flood
Insurance Act of 1968 (as now or hereafter in effect or successor act thereto), (i)&nbsp;maintain, or cause to be maintained, with a
financially sound and reputable insurer, flood insurance in an amount and otherwise sufficient to comply with all applicable rules&nbsp;and
regulations promulgated pursuant to the Flood Insurance Laws and (ii)&nbsp;deliver to the Agent evidence of such compliance in form and
substance reasonably acceptable to the Agent, including, without limitation, evidence of annual renewals of such insurance.</P>

<P STYLE="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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cause
commercial general liability policies to be endorsed to name the Agent as an additional insured.</P>

<P STYLE="font: 10pt 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;Cause
business interruption and property policies, if any, to name the Agent as a loss payee and to use commercially reasonable efforts to
cause such policies to be endorsed or amended to include (i)&nbsp;a provision that, from and after the occurrence and during the continuance
of an Event of Default, upon notice by the Agent, the insurer shall pay all proceeds otherwise payable to the Loan Parties under the
policies directly to the Agent, and (ii)&nbsp;a provision to the effect that none of the Loan Parties, the Agent, the Agent or any other
party shall be a co-insurer.</P>

<P STYLE="font: 10pt 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;Use
commercially reasonable efforts to cause each such policy referred to in subsections (d)&nbsp;and (e)&nbsp;above to also provide that
it shall not be canceled, modified or non-renewed (i)&nbsp;by reason of nonpayment of premium except upon not less than ten (10)&nbsp;days&rsquo;
prior written notice thereof by the insurer to the Agent (giving the Agent the right to cure defaults in the payment of premiums) or
(ii)&nbsp;for any other reason except upon not less than thirty (30) days&rsquo; prior written notice thereof by the insurer to the 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>6.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compliance
with Laws</B>. Comply in all material respects with the requirements of all Laws (including all Environmental Laws and the Act, anti-money
laundering laws and OFAC) and all orders, writs, injunctions and decrees applicable to it or to its business or property, except in such
instances in which (a)&nbsp;such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate
proceedings diligently conducted and with respect to which adequate reserves have been set aside and maintained by the Loan Parties in
accordance with GAAP and (b)&nbsp;the failure to comply therewith 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-align: justify; text-indent: 1in"><B>6.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Books
and Records; Accountants</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintain
proper books of record and account, in which full, true and correct entries in conformity with GAAP consistently applied shall be made
of all financial transactions and matters involving the assets and business of the Loan Parties or such Restricted Subsidiary, as the
case may be; and maintain such books of record and account in material conformity with all applicable requirements of any Governmental
Authority having regulatory jurisdiction over the Loan Parties or such Restricted Subsidiary, 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;&nbsp;&nbsp;&nbsp;At
all times retain a Registered Public Accounting Firm and, on request of the Agent, instruct such Registered Public Accounting Firm to
cooperate with, and be available to, the Agent or its representatives to discuss the Loan Parties&rsquo; financial performance, financial
condition, operating results, controls, and such other matters, within the scope of the retention of such Registered Public Accounting
Firm, as may be raised by the 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>6.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inspection
Rights</B>. Permit representatives and independent contractors of the Agent to visit and inspect any of its properties, to examine its
corporate, financial and operating records, the insurance policies maintained by or on behalf of the Loan Parties and make copies thereof
or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and Registered Public Accounting
Firm, at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice
to the Borrower; <U>provided</U>, that, so long as no Default or Event of Default shall have occurred and be continuing, the Agent shall
be limited to one (1)&nbsp;such visit at the Loan Parties&rsquo; expense in any Fiscal Year; <U>provided</U>, <U>however</U>, that when
a Default or an Event of Default exists the Agent (or any of its representatives or independent contractors) may do any of the foregoing
at the expense of the Loan Parties at any time during normal business hours and without advance 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; text-align: justify; text-indent: 1in"><B>6.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional
Guarantors</B>. Promptly notify the Agent at the time that any Person becomes a Subsidiary, and cause any such Person that is a wholly-owned
Subsidiary of the Borrower that is a Restricted Subsidiary (other than an Excluded Subsidiary) to (a)&nbsp;promptly thereafter (and in
any event within fifteen (15) Business Days of such Person becoming a Subsidiary or a Restricted Subsidiary, as the case may be, or such
later date as the Agent may agree) (i)&nbsp;become a Guarantor by executing and delivering to the Agent a Joinder Agreement or such other
documents as the Agent shall reasonably deem appropriate for such purpose, (ii)&nbsp;grant a Lien to the Agent on such Person&rsquo;s
assets of the same type that constitute Collateral to secure the Obligations (excluding any Material Real Estate) and take such actions
as may be required under the Security Documents to perfect such Lien, and (iii)&nbsp;deliver to the Agent documents of the types referred
to in clauses (iii)&nbsp;and (iv)&nbsp;of <U>Section&nbsp;4.1(a)</U>, (b)&nbsp;promptly thereafter (and in any event within ninety (90)
days of such Person becoming a Subsidiary or a Restricted Subsidiary (other than an Excluded Subsidiary), as the case may be, or such
later date as the Agent may agree), (i)&nbsp;grant a Lien to the Agent on such Person&rsquo;s Material Real Estate to secure the Obligations
and take such actions as may be required under the Security Documents to perfect such Lien and (ii)&nbsp;if reasonably requested by the
Agent, deliver documents of the types referred to in <U>Schedule&nbsp;6.15</U> and, (c)&nbsp;if reasonably requested by the Agent, deliver
customary opinions of counsel to such Person in connection with the foregoing clauses (a)&nbsp;and (b), in each case in form, content
and scope reasonably satisfactory to the Agent. In no event shall compliance with this <U>Section&nbsp;6.11</U> waive or be deemed a
waiver or consent to any transaction giving rise to the need to comply with this <U>Section&nbsp;6.11</U> if such transaction was not
otherwise expressly permitted by this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>6.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Board
Materials</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provide
to the Agent for distribution to the Lenders, copies of (i)&nbsp;any business operating reports provided to members of the board of directors
of the Borrower promptly (but, in any event, within five (5)&nbsp;Business Days) following the date such reports are furnished to the
members of the board of directors of the Borrower and (ii)&nbsp;monthly operating reports produced by the Borrower promptly (but, in
any event, within five (5)&nbsp;Business Days) following the date such report is reviewed at the Borrower&rsquo;s monthly operating report
meeting between the Responsible Officers of the Borrower (which shall occur not less than on a monthly basis) in form and substance consistent
with past practice. Notwithstanding the foregoing, neither the Borrower nor any Subsidiary will be required to disclose any document,
information or other matter (a)&nbsp;that constitutes non-financial trade secrets, (b)&nbsp;in respect of which disclosure to the Agent
or any Lender (or their respective representatives) is prohibited by any (I)&nbsp;governmental requirement or (II)&nbsp;binding obligation
owing to any Person that is not an Affiliate of the Borrower (it being understood that, if any information is withheld in reliance on
this clause (II), the Borrower shall advise the Agent of such fact and the Borrower shall, upon the reasonable request of the Agent,
use commercially reasonable efforts to request the applicable counterparty provide consent to disclose such information to the Agent
and the Lenders) and (c)&nbsp;that 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-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deliver
to the Agent for distribution to the Lenders no later than the Wednesday of each week after the Closing Date an updated weekly sales
flash report and weekly sales forecast in detail similar to such reports and forecasts delivered to the Agent prior to the Closing Date
(collectively, the &ldquo;<U>Sales Forecasts</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>6.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information
Regarding the Collateral</B>. Furnish to the Agent at least seven (7)&nbsp;Business Days&rsquo; prior written notice of any change in:
(i)&nbsp;any Loan Party&rsquo;s name; (ii)&nbsp;the location of any Loan Party&rsquo;s chief executive office, registered office, its
principal place of business, any office in which it maintains books or records relating to Term Priority Collateral (including the establishment
of any such new office); (iii)&nbsp;any Loan Party&rsquo;s organizational structure or jurisdiction of incorporation or formation; or
(iv)&nbsp;any Loan Party&rsquo;s Federal Taxpayer Identification Number or organizational identification number assigned to it by its
state of organization or incorporation.</P>

<P STYLE="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"><B>6.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved]</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: 1in"><B>6.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post-Closing
Actions Relating to Collateral</B>. Notwithstanding anything to the contrary contained in this Agreement or the Security Documents, the
parties hereto acknowledge and agree that the Borrower and the other Loan Parties shall take the actions specified in <U>Schedule&nbsp;6.15
</U>as promptly as reasonably practicable, and in any event within the periods after the Closing Date specified in <U>Schedule&nbsp;6.15
</U>(as such time periods may be extended by the Agent in its sole discretion). The provisions of <U>Schedule&nbsp;6.15</U> shall be
deemed incorporated by reference herein as fully as if set forth herein in their entirety.</P>

<P STYLE="font: 10pt 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>6.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Further
Assurances.</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Execute
any and all further documents, financing statements, agreements and instruments, and take all such further actions (including the filing
and recording of financing statements and other documents), that may be required under any Law, or which the Agent may reasonably request,
to effectuate the transactions contemplated by the Loan Documents or to grant, preserve, protect or perfect the Liens created or intended
to be created by the Security Documents or the validity or priority of any such Lien, all at the expense of the Loan Parties.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any material assets of the type which constitute Collateral under the Security Documents (including, without limitation, any Material
Real Estate) are acquired by any Loan Party after the Closing Date (other than assets constituting Collateral under the Security Documents
that become subject to the perfected Lien under the Security Documents upon acquisition thereof), notify the Agent thereof, and the Loan
Parties will cause such assets to be subjected to a Lien securing the Obligations and will take such actions as shall be necessary or
shall be reasonably requested by the Agent to grant and perfect such Liens, including actions described in <U>Section&nbsp;6.15</U> and
subsection&nbsp;(a)&nbsp;of this <U>Section&nbsp;6.16</U>, all at the expense of the Loan Parties. In no event shall compliance with
this subsection&nbsp;(b)&nbsp;waive or be deemed a waiver or consent to any transaction giving rise to the need to comply with this subsection&nbsp;(b)&nbsp;if
such transaction was not otherwise expressly 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; text-align: justify; text-indent: 1in"><B>6.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compliance
with Terms of Leaseholds</B>. Except as otherwise expressly permitted hereunder, and except where the failure to do so, either individually
or in the aggregate, would not be reasonably likely to have a Material Adverse Effect (a)&nbsp;make all payments and otherwise perform
all obligations in respect of all Leases to which any Loan Party or any of its Subsidiaries is a party, to the extent necessary to keep
such Leases in full force and effect (b)&nbsp;not allow such Leases to lapse or be terminated or any rights to renew such Leases to be
forfeited or cancelled except in the ordinary course of business, consistent with past practices, (c)&nbsp;notify the Agent of any default
by any party with respect to such Leases and cooperate with the Agent in all respects to cure any such default, and (d)&nbsp;cause each
of its Subsidiaries to do 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"><B>6.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved].</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: 1in"><B>6.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintenance
of Ratings</B>. Use commercially reasonable efforts to maintain public ratings of the Borrower by each of S&amp;P and Moody&rsquo;s (but
not to obtain or maintain a specific rating) from the Closing Date until March&nbsp;9, 2021. Thereafter, if requested by the Agent, Borrower
shall use commercially reasonably efforts to maintain a private corporate family rating (but not any specific rating) from Moody&rsquo;s
in respect 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"></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"><B>6.20&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OFAC;
Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws</B>. Each Loan Party will, and will cause each of its Subsidiaries to comply
with all applicable Sanctions, and, in all material respects, with Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan
Parties and its Subsidiaries shall implement and maintain in effect policies and procedures designed to ensure compliance by the Loan
Parties and their Subsidiaries and their respective directors, officers, employees, agents and Affiliates with all Sanctions, Anti-Corruption
Laws and Anti-Money Laundering 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-align: justify; text-indent: 1in"><B>6.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conference
Calls</B>. In the case of the Borrower, upon the request of the Agent or the Required Lenders, participate in a conference call of the
Agent and the Lenders once during each Fiscal Quarter at such time as may be agreed to by the Borrower and the 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"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VII</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Negative Covenants</FONT></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: 1in">So long as any Lender shall
have any Commitment hereunder, any Loan or other Loan Agreement Obligation hereunder shall remain unpaid or unsatisfied (other than contingent
indemnification claims for which a claim has not been asserted), the Borrower shall not, nor shall it permit any of its Restricted Subsidiaries
to, directly or indirectly:</P>

<P STYLE="font: 10pt 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>7.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens</B>.
Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues other than, Permitted Encumbrances.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>7.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments</B>.
Make any Investments, except 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; text-align: justify; text-indent: 1in"><B>7.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness</B>.
Create, incur, assume, guarantee, suffer to exist or otherwise become or remain liable with respect to, any Indebtedness, except Permitted
Indebtedness.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>7.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fundamental
Changes</B>. Merge, dissolve, liquidate or consolidate with or into another Person (or any division thereof), except 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Subsidiary which is not a Loan Party may merge or consolidate with (i)&nbsp;a Loan Party, <U>provided</U> that the Loan Party shall be
the continuing or surviving Person or the non-Loan Party surviving such merger shall execute such documentation as the Agent may reasonably
request to confirm its assumption of the obligations of such Loan Party under the Loan Documents, or (ii)&nbsp;any one or more other
Restricted Subsidiaries which are not Loan Parties, <U>provided</U> that when any Restricted Subsidiary is merging with another Subsidiary,
the continuing or surviving Person shall be a 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-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Loan Party may merge into or consolidate with another Loan Party, <U>provided</U> that in any merger involving the Borrower, the Borrower
shall be the continuing or surviving 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-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
connection with a Permitted Acquisition, any Subsidiary of a Loan Party may merge with or into or consolidate with any other Person or
permit any other Person to merge with or into or consolidate with it; <U>provided</U> that (i)&nbsp;the Person surviving such merger
shall be a wholly-owned Subsidiary of a Loan Party and such Person shall become a Loan Party to the extent required in accordance with
the provisions of <U>Section&nbsp;6.11</U> hereof, and (ii)&nbsp;in the case of any such merger to which any Loan Party is a party, such
Loan Party is the surviving Person or the Person surviving such merger shall execute such documentation as the Agent may reasonably request
to confirm its assumption of the obligations of such Loan Party 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"></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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Restricted Subsidiary may liquidate or dissolve into its parent entity to the extent the Borrower reasonably determines that the continued
existence of such Subsidiary is no longer in the best interests of the Borrower and its Restricted Subsidiaries; 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;so
long as no Default or Event of Default shall have occurred and be continuing prior to or immediately after giving effect thereto, in
connection with a Permitted Disposition of a Restricted Subsidiary, such Subsidiary may merge or consolidate into any Person that is
not 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-align: justify; text-indent: 0.5in">provided, that, no Loan Party
shall, and no Loan Party shall cause or permit any of its Subsidiaries to file a certificate of division, adopt a plan of division or
otherwise take any action to effectuate a division pursuant to Section&nbsp;18-217 of the Delaware Limited Liability Company Act (or
any analogous action taken pursuant to applicable Law with respect to any corporation, limited liability company, partnership or other
entity), unless (i)&nbsp;to the extent any Loan Party is consummating the division, each such corporation, limited liability company,
partnership or other entity, as applicable, existing following the division of any Loan Party, shall individually be added as a Loan
Party by (A)&nbsp;causing such Subsidiary to enter into the Guaranty and Security Agreement and applicable Security Documents and taking
such other actions and delivering such other documentation and instruments as is reasonably satisfactory to the Agent and (B)&nbsp;delivering
such proof of corporate, partnership or limited liability company action, incumbency of officers, opinions of counsel and other documents
as is consistent with those delivered pursuant to Section&nbsp;4.1 or as the Agent shall have reasonably requested or (ii)&nbsp;to the
extent any Subsidiary of a Loan Party that is not itself a Loan Party is consummating the division, its assets and liabilities, immediately
upon the consummation of the division are held by a Loan Party or a Subsidiary of a 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-align: justify; text-indent: 1in"><B>7.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dispositions</B>.
Make any Disposition, except Permitted 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-align: justify; text-indent: 1in"><B>7.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Restricted
Payments</B>. Declare or make, directly or indirectly, any Restricted Payment, or incur any obligation (contingent or otherwise) to do
so, except 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-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
Restricted Subsidiary of a Loan Party may make Restricted Payments to the holder of its Equity Interests, <U>provided</U> that any such
Restricted Payment to a Person that is not a Loan Party shall not exceed such Person&rsquo;s ratable share of the Restricted Payments
so 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-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Loan Parties and each Restricted Subsidiary may declare and make dividend payments or other distributions payable solely in the common
stock or other Equity Interests of such Person, other than Disqualified 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
and for so long as the Borrower is a member of a group filing a consolidated or combined Tax return with any parent entity, Borrower
may pay to any parent entity amounts equal to the portion of such consolidated or combined Taxes that is attributable to the Borrower
and/or any of Borrower&rsquo;s Subsidiaries in an aggregate amount not to exceed the amount that would have been payable by Borrower
and/or its applicable Subsidiaries in respect of such Taxes had Borrower and its applicable Subsidiaries been a stand-alone corporate
taxpayer or a stand-alone corporate tax group for all relevant taxable periods ending after the Closing Date, reduced by any such Taxes
paid directly by Borrower or its Subsidiaries, and for the avoidance of doubt, taking into account any available tax attributes (such
as net operating losses) of the Borrower and 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"></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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower or any Restricted Subsidiary may pay (or make Restricted Payments to allow any direct or indirect parent thereof to pay) for
the repurchase, retirement or other acquisition or retirement for value of Equity Interests of it or any direct or indirect parent thereof
held by any future, present or former employee, director, manager, officer or consultant (or any Affiliates, spouses, former spouses,
other immediate family members, successors, executors, administrators, heirs, legatees or distributees of any of the foregoing) of the
Borrower (or any direct or indirect parent of the Borrower) or any of its Subsidiaries pursuant to any employee, management, director
or manager equity plan, employee, management, director or manager stock option plan or any other employee, management, director or manager
benefit plan or any agreement (including any stock subscription or shareholder agreement) with any employee, director, manager, officer
or consultant of the Borrower or any Subsidiary; <U>provided</U> that such payments do not exceed $2,000,000 in any calendar year, <U>provided
</U>that any unused portion of the preceding basket for any calendar year may be carried forward to succeeding calendar years, so long
as the aggregate amount of all Restricted Payments made pursuant to this subsection&nbsp;(d)&nbsp;in any calendar year (after giving
effect to such carry forward) shall not exceed $5,000,000; <U>provided further</U> that cancellation of Indebtedness owing to the Borrower
(or any direct or indirect parent thereof) or any of its Subsidiaries from members of management of the Borrower, any of the Borrower&rsquo;s
direct or indirect parent companies or any of the Borrower&rsquo;s Restricted Subsidiaries in connection with a repurchase of Equity
Interests of any of the Borrower&rsquo;s direct or indirect parent companies will not be deemed to constitute a Restricted Payment for
purposes of this covenant or any other provision 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-align: justify; text-indent: 0.5in">(e)&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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
redemption, repurchase, retirement or other acquisition of any Equity Interests of the Borrower in exchange for, or out of the proceeds
of the substantially concurrent issuance or sale (other than to a Restricted Subsidiary or to an employee stock ownership plan) of Equity
Interests of the Borrower (other than Disqualified 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;repurchases
of Equity Interests deemed to occur (i)&nbsp;upon exercise of stock options, stock appreciation rights or warrants if such Equity Interests
represent a portion of the exercise price of such options, stock appreciation rights or warrants or (ii)&nbsp;for purposes of satisfying
any required tax withholding obligation upon the exercise or vesting of a grant or award that was granted or awarded to an employee or
director;</P>

<P STYLE="font: 10pt Times New 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">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
repurchase, redemption or other acquisition for value of Equity Interests of Borrower deemed to occur in connection with paying cash
in lieu of fractional shares of such Equity Interests in connection with a share dividend, distribution, share split, reverse share split,
merger, consolidation, amalgamation or other business combination of Borrower or its Subsidiaries, in each case, permitted under this
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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;other
Restricted Payments, in cash or in kind, not to exceed $5,000,000 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"><B>7.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepayments
of Indebtedness</B>. Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner any
Specified Indebtedness, except (a)&nbsp;as long as no Default or Event of Default then exists, regularly scheduled or mandatory repayments,
repurchases, redemptions or defeasances of Specified Indebtedness, (b)&nbsp;Permitted Refinancings of any such Indebtedness and (c)&nbsp;the
conversion (or exchange) of any Specified Indebtedness to, or the payment of any Specified Indebtedness from the proceeds of the issuance
of, 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>7.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change
in Nature of Business</B>. Engage in any line of business substantially different from (i)&nbsp;the business conducted by the Loan Parties
and their Restricted Subsidiaries on the Closing Date or (ii)&nbsp;any business reasonably related, incidental, ancillary, or complementary
to, or a reasonable extension, development or expansion of, the businesses conducted or proposed to be conducted by the Loan Parties
and their Restricted Subsidiaries on the Closing 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-align: justify; text-indent: 1in"><B>7.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transactions
with Affiliates</B>. Enter into, renew, extend or be a party to any transaction of any kind with any Affiliate of any Loan Party, whether
or not in the ordinary course of business, other than on fair and reasonable terms substantially as favorable to the Loan Parties or
such Restricted Subsidiary as would be obtainable by the Loan Parties or such Restricted Subsidiary at the time in a comparable arm&rsquo;s
length transaction with a Person other than an Affiliate, <U>provided</U> that the foregoing restriction shall not apply to (a)&nbsp;(i)&nbsp;transactions
between or among the Loan Parties, (ii)&nbsp;transactions between or among Restricted Subsidiaries that are not Loan Parties and (iii)&nbsp;non-exclusive
licensing of Intellectual Property to Restricted Subsidiaries that are not Loan Parties in accordance with <U>Section&nbsp;7.5</U>, (b)&nbsp;intercompany
Investments (including loans) among the Loan Parties and their Subsidiaries that are expressly permitted under Section&nbsp;7.2 and Section&nbsp;7.3,
(c)&nbsp;transactions described in the Borrower&rsquo;s Form&nbsp;10 under the Section&nbsp;titled &ldquo;Certain Relationships and Related
Party Transactions&rdquo; prior to the Closing Date, (d)&nbsp;advances for commissions, travel and other similar purposes in the ordinary
course of business to directors, officers and employees, (e)&nbsp;the payment of reasonable fees and out-of-pocket costs to directors,
and compensation and employee benefit arrangements paid to, and indemnities provided for the benefit of, directors, officers or employees
of the Borrower or any of its Restricted Subsidiaries, (f)&nbsp;the provision of ordinary course administrative services to Subsidiaries
that are not Loan Parties, (g)&nbsp;Restricted Payments otherwise permitted under this Agreement, (h)&nbsp;as long as no Change of Control
results therefrom, any issuances of securities of the Borrower (other than Disqualified Stock) or other payments, awards or grants in
cash, securities or otherwise pursuant to, or the funding of, employment agreements, stock options and stock ownership plans (in each
case in respect of Equity Interests in the Borrower) of the Borrower or any of its Restricted Subsidiaries, (i)&nbsp;the existence of,
or the performance by the Loan Parties or any Restricted Subsidiary, of the obligations under the terms of any agreement to which it
is a party as of the Closing Date, as set forth on <U>Schedule&nbsp;7.9</U>, (j)&nbsp;any transaction or series of related transactions
involving one or more payments by the Borrower or its Restricted Subsidiaries of less than $1,000,000 in the aggregate, (k)&nbsp;payments
by Borrower or any of its Loan Parties pursuant to tax sharing agreements among the Borrower and any of its Subsidiaries that are Loan
Parties on customary terms that require each party to make payments when such taxes are due or refunds received of amounts equal to the
income tax liabilities and refunds generated by each such party calculated on a separate return basis and payments to the party generating
tax benefits and credits of amounts equal to the value of such tax benefits and credits made available to the group by such party, (l)&nbsp;guarantees
by the Loan Parties of operating leases of Restricted Subsidiaries in the ordinary course of business, (m)&nbsp;intercompany transactions
undertaken in good faith (as determined by a Responsible Officer of the Borrower in good faith) for the purpose of improving the consolidated
tax efficiency of the Borrower and its Subsidiaries and not for the purpose of circumventing any covenant set forth herein and not materially
adverse to the interests of any Credit Party, and (n)&nbsp;payments to and from and transactions with any joint venture in the ordinary
course of business; provided such joint venture is not controlled by an Affiliate (other than a Restricted Subsidiary) 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"></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"><B>7.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burdensome
Agreements</B>. Enter into or permit to exist any Contractual Obligation (other than this Agreement, any other Loan Document, the ABL
Facility or any other ABL Loan Document) that limits the ability (a)&nbsp;of any Restricted Subsidiary to make Restricted Payments or
other distributions to any Loan Party or to otherwise transfer property to or invest in a Loan Party, (b)&nbsp;of any Restricted Subsidiary
(other than an Excluded Subsidiary) to Guarantee the Obligations in accordance with the terms hereof or (c)&nbsp;of the Loan Parties
or any Restricted Subsidiary (other than an Excluded Subsidiary) to create, incur, assume or suffer to exist Liens on property of such
Person in favor of the Agent, in each case, except for encumbrances and restrictions under Contractual Obligations existing under or
by reason of (i)&nbsp;this Agreement, any other Loan Document, the ABL Facility and the other ABL Loan Documents; (ii)&nbsp;any restrictions
with respect to the Borrower or a Restricted Subsidiary imposed pursuant to (A)&nbsp;an agreement that has been entered into in connection
with the disposition of all or any portion of the equity interests or assets of the Borrower or such Restricted Subsidiary or (B)&nbsp;contracts
for the sale of assets that impose restrictions solely on the assets to be sold; (iii)&nbsp;the provisions contained in any Permitted
Indebtedness (and in any refinancing of such indebtedness so long as no more restrictive than those contained in the respective Indebtedness
so refinanced); (iv)&nbsp;customary provisions restricting subletting or assignment of any lease governing a leasehold interest of the
Borrower or a Restricted Subsidiary of the Borrower entered into in the ordinary course of business and customary provisions contained
in other leases, sub-leases, licenses or sub-licenses and other agreements, in each case, entered into in the ordinary course of business;
(v)&nbsp;customary provisions restricting assignment of any contract entered into by the Borrower or any Restricted Subsidiary of the
Borrower in the ordinary course of business; (vi)&nbsp;any agreement or instrument of a Person acquired as permitted hereunder, which
restriction is not applicable to any Person or the properties or assets of any Person, other than the Person or the properties or assets
of the Person acquired pursuant to the respective acquisition and so long as the respective encumbrances or restrictions were not created
(or made more restrictive) in connection with or in anticipation of the respective acquisition; (vii)&nbsp;customary provisions restricting
the assignment of licensing agreements, management agreements or franchise agreements entered into by the Borrower or any of its Subsidiaries
in the ordinary course of business; (viii)&nbsp;restrictions on the transfer of assets securing purchase money obligations and capitalized
lease obligations which are permitted hereunder; (ix)&nbsp;customary net worth provisions contained in real property leases entered into
by Subsidiaries of the Borrower, so long as the Borrower has determined in good faith that such net worth provisions could not reasonably
be expected to impair the ability of the Borrower and its Restricted Subsidiaries to meet their ongoing obligations; (x)&nbsp;restrictions
on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary course of business; and (xi)&nbsp;customary
provisions in joint venture agreements or arrangements and other similar agreements or arrangements relating solely to such joint venture.</P>

<P STYLE="font: 10pt 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>7.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Use
of Proceeds</B>. Use the proceeds of any Loan, whether immediately, incidentally or ultimately, (a)&nbsp;to purchase or carry margin
stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin
stock or to refund Indebtedness originally incurred for such purpose, (b)&nbsp;to directly or to the knowledge of any Loan Party after
due care and inquiry, indirectly make any payments to a Sanctioned Entity or a Sanctioned Person, to finance any investments in a Sanctioned
Entity or a Sanctioned Person, to fund any investments, loans or contributions in, or otherwise make such proceeds available to, a Sanctioned
Entity or a Sanctioned Person, to fund any operations, activities or business of a Sanctioned Entity or a Sanctioned Person, or in any
other manner that would result in a violation of Sanctions by any Person; (c)&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 Sanctions, Anti-Corruption
Laws or Anti-Money Laundering Laws; or (d)&nbsp;for any purposes other than (i)&nbsp;the refinancing of the Existing Term Loan Facility,
and (ii)&nbsp;to pay fees and expenses hereunder and in connection herewith.</P>

<P STYLE="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"><B>7.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendment
of Organization Documents and Material Indebtedness</B>. (a)&nbsp;Amend, modify or waive any of a Loan Party&rsquo;s rights under (i)&nbsp;its
Organization Documents in a manner adverse to the Agent and the Lenders or (ii)&nbsp;any Material Indebtedness if such amendment, modification
or waiver would be in violation of any intercreditor agreement among the Agent and the holder of such Material Indebtedness (including,
without limitation, the ABL Intercreditor Agreement) or (b)&nbsp;consent to any amendment, supplement, waiver or other modification of,
or enter into any forbearance from exercising any rights with respect to the terms or provisions contained in any document, agreement
or instrument evidencing or governing any Specified Indebtedness in a manner adverse to the Agent and the Lenders. Notwithstanding anything
to the contrary set forth herein, Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly,
without the consent of the Agent and the Required Lenders, amend, restate, supplement, modify, substitute, Refinance, renew or replace
any or all of the ABL Documents in any manner (i)&nbsp;that would violate the ABL Refinancing Conditions, (ii)&nbsp;if the effect thereof
is to change the definition of &ldquo;Availability&rdquo;, &ldquo;Borrowing Base&rdquo;, &ldquo;Cost&rdquo;, &ldquo;Eligible Credit Card
Receivables&rdquo;, &ldquo;Eligible Inventory&rdquo;, &ldquo;Eligible In-Transit Inventory&rdquo;, &ldquo;Eligible Trade Receivables&rdquo;,
 &ldquo;Appraised Value&rdquo;, &ldquo;Availability Reserves&rdquo;, &ldquo;Bank Product Reserves&rdquo;, &ldquo;Cash Management Reserves&rdquo;,
 &ldquo;Inventory Reserves&rdquo;, &ldquo;Receivables Reserves&rdquo;, &ldquo;Inventory Advance Rate&rdquo;, &ldquo;Overadvance&rdquo;
or &ldquo;Permitted Overadvance&rdquo; contained in the ABL Credit Agreement or any component definition thereof, in each case, if such
change would result in an increase of the amounts available to be borrowed under the ABL Credit Agreement or make any other change that
would result in an increase in amounts available to be borrowed under the ABL Credit Agreement, or (iii)&nbsp;that would eliminate any
Availability Reserves, Bank Product Reserves, Cash Management Reserves,&nbsp;Inventory Reserves, or Receivables Reserves, (in each case,
as defined in the ABL Credit Agreement as in effect as of the date hereof) existing as of the date hereof or change the methodology for
the calculation of such reserves, except for any reserves imposed as a result of a condition or circumstance (including, without limitation,
rent reserves) where the applicable condition or circumstance ceases to exist.</P>

<P STYLE="font: 10pt 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>7.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fiscal
Year</B>. Change the Fiscal Year of any Loan Party, except as required by GAAP or to coincide with the calendar year; provided, however,
that the Borrower may, upon written notice to the Agent, change its Fiscal Year to any other fiscal year reasonably acceptable to the
Agent, in which case the Borrower and the Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement
that are necessary to reflect such change in Fiscal Year.</P>

<P STYLE="font: 10pt 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>7.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</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; text-align: justify; text-indent: 1in"><B>7.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Covenants</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: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maximum
Total Leverage Ratio</U>. Permit the Total Leverage Ratio, as of the last day of each Measurement Period ending the last day of the fiscal
quarter ending closest to the date set forth in the table below, to be greater than the level under the heading &ldquo;Total Leverage
Ratio&rdquo;:</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><B>Measurement Period
    ending</B></TD>
    <TD STYLE="width: 35%; 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"><B>Total
    Leverage<BR>
 Ratio</B></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">January&nbsp;31,
    2021</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">6.50:1.00</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">April&nbsp;30,
    2021</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.50:1.00</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">July&nbsp;31,
    2021</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.50:1.00</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">October&nbsp;31
    2021</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">6.00:1.00</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">January&nbsp;31,
    2022</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.25:1.00</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">April&nbsp;30,
    2022</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.25:1.00</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">July&nbsp;31,
    2022</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.25:1.00</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">October&nbsp;31,
    2022</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.75:1.00</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">January&nbsp;31,
    2023</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.00:1.00</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">April&nbsp;30,
    2023</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.75:1.00</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">July&nbsp;31,
    2023</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.50:1.00</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">October&nbsp;31,
    2023</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">5.00:1.00</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">January&nbsp;31,
    2024</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.25:1.00</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">April&nbsp;30,
    2024</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.00:1.00</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">July&nbsp;31,
    2024</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.00:1.00</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">October&nbsp;31,
    2024</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">4.50:1.00</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">January&nbsp;31,
    2025</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">3.75:1.00</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">April&nbsp;30,
    2025</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">3.50:1.00</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">July&nbsp;31,
    2025</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">3.50:1.00</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Minimum
Liquidity</U>. Permit Liquidity, as of the last Business Day of each fiscal week, to be less than $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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Maximum
Capital Expenditures</U>. Make Capital Expenditures (excluding Financed Capital Expenditures and all cash expenditures in respect of
internal labor costs) in any Fiscal Year (commencing with the Fiscal Year ending on or around January&nbsp;31, 2022) in excess of the
Maximum Capital Expenditure Amount applicable 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: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;VIII</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Events of Default and Remedies</FONT></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: 1in"><B>8.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Events
of Default</B>. Any of the following shall constitute 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Non-Payment</U>.
The Borrower or any other Loan Party fails to pay (i)&nbsp;when and as required to be paid, any amount of principal of any Loan, or (ii)&nbsp;within
three (3)&nbsp;days after the same is due, any amount of interest due on any Loan, or any fee due hereunder, or any other amount payable
hereunder or under 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Specific
Covenants</U>. Any Loan Party fails to perform or observe any term, covenant or agreement contained in any of <U>Sections 6.3(a)</U>,
<U>6.5</U> (with respect to the Borrower) or <U>Article&nbsp;VII</U>; 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Other
Defaults</U>. Any Loan Party fails to perform or observe (i)&nbsp;any term, covenant or agreement contained in any of <U>Sections 6.3(b)</U>,
<U>(h)</U>&nbsp;or <U>(i)</U>&nbsp;and such failure continues for fifteen (15) days; (ii)&nbsp;the covenant contained in Section&nbsp;6.2(c)&nbsp;and
such failure continues for three (3)&nbsp;Business Days or (iii)&nbsp;any other covenant or agreement (not specified in subsection (a),
(b), (c)(i)&nbsp;or (c)(ii)&nbsp;above) contained in any Loan Document on its part to be performed or observed and such failure continues
for 30 days; 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations
and Warranties</U>. Any representation, warranty, or certification made or deemed made by or on behalf of any Loan Party herein, in any
other Loan Document, or in any document delivered in connection herewith or therewith shall be incorrect in any material respect when
made or deemed made (or, in the case of any representation and warranty qualified by materiality, in any respect when made or deemed
made); 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Cross-Default</U>.
Any Loan Party (A)&nbsp;fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand,
or otherwise) in respect of any Material Indebtedness, or (B)&nbsp;fails to observe or perform any other agreement or condition relating
to any such Material Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other
event occurs, the effect of which default or other event is to cause, or to permit the holder or holders of such Material Indebtedness
(or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required,
such Indebtedness to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), becomes payable or
cash collateral in respect thereof to be demanded, prior to its stated maturity; 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">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Insolvency
Proceedings, Etc.</U> (x)&nbsp;Any Loan Party or any Restricted Subsidiary (other than any Immaterial Subsidiary) thereof institutes
or consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or
applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer
for it or for all or any material part of its property; or a proceeding shall be commenced or a petition filed, without the application
or consent of such Person, seeking or requesting the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator
or similar officer is appointed and the appointment continues undischarged, undismissed or unstayed for 60 calendar days or an order
or decree approving or ordering any of the foregoing shall be entered; or any proceeding under any Debtor Relief Law relating to any
such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed
or unstayed for 60 calendar days, or an order for relief is entered in any such proceeding; or (y)&nbsp;in addition to the foregoing
clause (f)(x), (i)&nbsp;a Foreign Subsidiary (other than any Immaterial Subsidiary) is (A)&nbsp;unable or admits inability to pay its
debt as they fall due, (B)&nbsp;is deemed to, or is declared to, be unable to pay its debts under applicable law, (C)&nbsp;suspends or
threatens to suspend making payments on any of its debts, or (D)&nbsp;by reason of actual or anticipated financial difficulties, commences
negotiations with one or more creditors with a view to rescheduling any of its indebtedness, (ii)&nbsp;the value of the assets of any
Foreign Subsidiary is less than its liabilities (taking into account contingent and prospective liabilities), (iii)&nbsp;a moratorium
is declared in respect of any indebtedness of any Foreign Subsidiary (and, if a moratorium occurs, the ending of the moratorium will
not remedy any Event of Default caused by that moratorium), (iv)&nbsp;any corporate action, legal proceedings or other procedure or step
is taken in relation to (A)&nbsp;the suspension of payments, a moratorium of any indebtedness, winding-up, dissolution, administration
or reorganization (by way of voluntary arrangement, scheme of arrangement or otherwise) by any Foreign Subsidiary, (B)&nbsp;a composition,
compromise, assignment or arrangements with any creditor of any Foreign Subsidiary, (C)&nbsp;the appointment of a liquidator, receiver,
administrative receiver, administrator, compulsory manager or other similar officer in respect of any Foreign Subsidiary or any of its
assets or (D)&nbsp;enforcement of any Lien securing the Obligations by any Credit Party; provided this clause (iv)&nbsp;shall not apply
to any involuntary winding up petition which is frivolous or vexatious and is discharged, stayed or dismissed within 14 days of commencement,
or any step or procedure which is otherwise permitted pursuant to the terms of 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"></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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Judgments</U>.
There is entered against any Loan Party or any Restricted Subsidiary (other than any Immaterial Subsidiary) thereof one or more judgments
or orders for the payment of money in an aggregate amount (as to all such judgments and orders) exceeding $10,000,000 (to the extent
not covered by independent third-party insurance as to which the insurer is rated at least &ldquo;A&rdquo; by A.M.&nbsp;Best Company,
has been notified of the potential claim and does not dispute coverage), and (i)&nbsp;enforcement proceedings are commenced by any creditor
upon such judgment or order, or (ii)&nbsp;there is a period of 60 consecutive days during which a stay of enforcement of such judgment
or order, by reason of a pending appeal or otherwise, is not in effect; 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">(h)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>ERISA</U>.
(i)&nbsp;An ERISA Event occurs, or any event described in Section&nbsp;5.12(d)(i)&nbsp;through (vii)&nbsp;with respect to a Foreign Plan
occurs, which would reasonably be expected to result in a Material Adverse Effect, or (ii)&nbsp;a Loan Party or any ERISA Affiliate fails
to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability
under Section&nbsp;4201 of ERISA under a Multiemployer Plan which would reasonably be expected to result in a Material Adverse Effect;
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">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Invalidity
of Loan Documents</U>. (i)&nbsp;Any material provision of any Loan Document, at any time after its execution and delivery and for any
reason, ceases to be in full force and effect; or any Loan Party or any Affiliate contests in any manner the validity or enforceability
of any material provision of any Loan Document; or any Loan Party denies that it has any or further liability or obligation under any
material provision of any Loan Document, or purports to revoke, terminate or rescind any material provision of any Loan Document or seeks
to avoid, limit or otherwise adversely affect any Lien purported to be created under any Security Document; or (ii)&nbsp;any Lien purported
to be created under any Security Document shall cease to be, or shall be asserted by any Loan Party or any other Person not to be, a
valid and perfected Lien on any portion of the Collateral with an aggregate fair market value exceeding $15,000,000, with the priority
required by the applicable Security 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 0.5in; text-align: justify; text-indent: 0.5in">(j)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Change
of Control</U>. There occurs any Change of Control; 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">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Guaranty</U>.
The termination or attempted termination by any Loan Party of any guaranty set forth in the Guaranty and Security Agreement or any Joinder
Agreement except as expressly permitted hereunder or under 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-align: justify; text-indent: 1in"><B>8.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remedies
Upon Event of Default</B>. If any Event of Default occurs and is continuing, the Agent may, or, at the request of the Required Lenders
shall, take any or all of the following actions:</P>

<P STYLE="font: 10pt Times New 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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;declare
the Commitments of each Lender to be terminated, whereupon such Commitments shall be terminated;</P>

<P STYLE="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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;declare
the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other Obligations (including the
Applicable Prepayment Premium) to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all
of which are hereby expressly waived 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-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;whether
or not the maturity of the Obligations shall have been accelerated pursuant hereto, proceed to protect, enforce and exercise all rights
and remedies of the Agent under this Agreement, any of the other Loan Documents or Law, including, but not limited to, by suit in equity,
action at law or other appropriate proceeding, whether for the specific performance of any covenant or agreement contained in this Agreement
and the other Loan Documents or any instrument pursuant to which the Obligations are evidenced, and, if such amount shall have become
due, by declaration or otherwise, proceed to enforce the payment thereof or any other legal or equitable right of the 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"><U>provided</U>, <U>however</U>, that upon the
occurrence of any Default or Event of Default with respect to any Loan Party thereof under <U>Section&nbsp;8.1(f)</U>, the obligation
of each Lender to make Loans shall automatically terminate and the unpaid principal amount of all outstanding Loans, all interest accrued
thereon and all other Obligations (including the Applicable Prepayment Premium) shall automatically become due and payable, in each case
without further act of the Agent or any 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-align: justify; text-indent: 1in">No remedy herein is intended
to be exclusive of any other remedy and each and every remedy shall be cumulative and shall be in addition to every other remedy given
hereunder or now or hereafter existing at law or in equity or by statute or any other provision of 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">Each of the Lenders agrees
that it shall not, unless specifically requested to do so in writing by Agent, take or cause to be taken any action, including, the commencement
of any legal or equitable proceedings to enforce any Loan Document against any Loan Party or to foreclose any Lien on, or otherwise enforce
any security interest in, or other rights to, any 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; text-align: justify; text-indent: 1in"><B>8.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Application
of Funds</B>. After the exercise of remedies provided for in <U>Section&nbsp;8.2</U> (or after the Obligations have automatically become
immediately due and payable), any amounts received from or on account of the Loan Parties (including, without limitation, any Collateral
furnished by any of them) on account of the Obligations shall, subject to the provisions of <U>Section&nbsp;2.15</U>, be applied by the
Agent in the following order, subject in each case to the ABL Intercreditor Agreement and any applicable Customary Intercreditor Agreement:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><U>First</U>, to
payment of that portion of the Obligations constituting fees, indemnities, Credit Party Expenses and other amounts (including fees, charges
and disbursements of counsel to the Agent and amounts payable under <U>Article&nbsp;III</U>) payable to the 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"><U>Second</U>,
to payment of that portion of the Obligations constituting indemnities (including indemnities due under <U>Section&nbsp;10.4</U> hereof),
Credit Party Expenses, and other amounts (other than principal, interest and fees) payable to the Lenders (including Credit Party Expenses
to the respective Lenders and amounts payable under <U>Article&nbsp;III</U>), ratably among them in proportion to the amounts described
in this clause <U>Second</U> 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"></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"><U>Third</U>, to
payment of all other Obligations and fees, ratably among the Credit Parties in proportion to the respective amounts described in this
clause <U>Third</U> payable to them; 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"><U>Last</U>, the
balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Loan Parties 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; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;IX</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">The Agent</FONT></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: 1in"><B>9.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Appointment
and Authority</B>. Each of the Lenders (in its capacity as a Lender) hereby irrevocably appoints Fortress to act on its behalf as the
administrative agent and collateral agent hereunder and under the other Loan Documents and authorizes the Agent to take such actions
on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof or thereof (including, without limitation,
acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations),
together with such actions and powers as are reasonably incidental thereto. The provisions of this Article&nbsp;are solely for the benefit
of the Agent and the other Credit Parties, and no Loan Party or any Subsidiary thereof shall have rights as a third party beneficiary
of any of such provisions (other than <U>Section&nbsp;9.6</U> and <U>9.10</U>). It is understood and agreed that the use of the term
 &ldquo;agent&rdquo; herein or in any other Loan Documents (or any other similar term) with reference to the Agent is not intended to
connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term
is used as a matter of market custom, and is intended to create or reflect only an administrative relationship between contracting 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-align: justify; text-indent: 1in"><B>9.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rights
as a Lender</B>. The Person serving as the Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other
Lender and may exercise the same as though it were not the Agent and the term &ldquo;Lender&rdquo; or &ldquo;Lenders&rdquo; shall, unless
otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Agent hereunder in its individual
capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory
capacity for and generally engage in any kind of business with the Loan Parties or any Subsidiary or other Affiliate thereof as if such
Person were not the Agent hereunder and without any duty to account therefor 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-align: justify; text-indent: 1in"><B>9.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exculpatory
Provisions</B>. The Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents.
Without limiting the generality of the foregoing, the 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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shall
not be subject to any fiduciary or other implied duties, regardless of whether a Default or 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 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shall
not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly
contemplated hereby or by the other Loan Documents that the Agent is required to exercise as directed in writing by the Applicable Lenders,
<U>provided</U> that the Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose
the Agent to liability or that is contrary to any Loan Document or Law, including for the avoidance of doubt any action that may be in
violation of the automatic stay under any Debtor Relief Law or that may effect a forfeiture, modification or termination of property
of a Defaulting Lender in violation of any Debtor Relief Law; 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 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;shall
not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the
failure to disclose, any information relating to the Loan Parties or any of its Affiliates that is communicated to or obtained by the
Person serving as the Agent or any of its Affiliates in any 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-align: justify">The Agent shall not be liable for any action
taken or not taken by it (i)&nbsp;with the consent or at the request of the Applicable Lenders (as the Agent shall believe in good faith
shall be necessary under the circumstances as provided in <U>Sections&nbsp;10.1</U> and <U>8.2</U>) or (ii)&nbsp;in the absence of its
own gross negligence or willful misconduct as determined by a final and non-appealable judgment of a court of competent 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: justify; text-indent: 1in">The Agent shall not be deemed
to have knowledge of any Default or Event of Default unless and until notice describing such Default or Event of Default is given to
the Agent by a Loan Party or a Lender. In the event that the Agent obtains such actual knowledge or receives such a notice, the Agent
shall give prompt notice thereof to the Lenders. Upon the occurrence of a Default or an Event of Default, the Agent shall take such action
with respect to such Default or Event of Default as shall be reasonably directed by the Applicable Lenders. Unless and until the Agent
shall have received such direction, the Agent may (but shall not be obligated to) take such action, or refrain from taking such action,
with respect to any such Default or Event of Default as it shall deem advisable in the best interest of the Credit Parties. In no event
shall the Agent be required to comply with any such directions to the extent that the Agent believes that its compliance with such directions
would be unlawful.</P>

<P STYLE="font: 10pt 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 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 this
Agreement or any other Loan Document, (ii)&nbsp;the contents of any certificate, report or other document delivered hereunder or thereunder
or in connection herewith or therewith, (iii)&nbsp;the performance or observance of any of the covenants, agreements or other terms or
conditions set forth herein or therein or the occurrence of any Default or Event of Default, (iv)&nbsp;the validity, enforceability,
effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or the creation,
perfection or priority of any Lien purported to be created by the Security Documents, (v)&nbsp;the value or the sufficiency of any Collateral,
or (vi)&nbsp;the satisfaction of any condition set forth in <U>Article&nbsp;IV</U> or elsewhere herein, other than to confirm receipt
of items expressly required to be delivered to the 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>9.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance
by Agent</B>. The Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate,
consent, statement, instrument, document or other writing (including, but not limited to, any electronic message,&nbsp;Internet or intranet
website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper
Person. The Agent also may rely upon any statement made to it orally, electronically or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder
to the making of a Loan that by its terms must be fulfilled to the satisfaction of a Lender, the Agent may presume that such condition
is satisfactory to such Lender unless the Agent shall have received written notice to the contrary from such Lender prior to the making
of such Loan. The Agent may consult with legal counsel (who may be counsel for any Loan Party), independent accountants and other experts
selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants
or experts.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>9.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delegation
of Duties</B>. The Agent may perform any and all 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 Agent. The Agent and any such sub-agent may perform any and all of its duties
and exercise its rights and powers by or 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 Agent and any such sub-agent, and shall apply to their respective activities
in connection with the syndication of the credit facilities provided for herein as well as activities as the Agent. The Agent shall not
be responsible for the negligence or misconduct of any sub-agents except to the extent that a court of competent jurisdiction determines
in a final and non-appealable judgment that the Agent acted with gross negligence or willful misconduct in the selection of such sub-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"></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"><B>9.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Resignation
of Agent</B>. The Agent may at any time give written notice of its resignation to the Lenders and the Borrower. Upon receipt of any such
notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall
be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor
shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent
gives notice of its resignation, then the retiring Agent may on behalf of the Lenders, appoint a successor Agent meeting the qualifications
set forth above; <U>provided</U> that if the Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such
appointment, then such resignation shall nonetheless become effective in accordance with such notice and (1)&nbsp;the retiring Agent
shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any Collateral
held by the Agent on behalf of the Lenders under any of the Loan Documents, the retiring Agent shall continue to hold such collateral
security until such time as a successor Agent is appointed) and (2)&nbsp;all payments, communications and determinations provided to
be made by, to or through the Agent shall instead be made by or to each Lender directly, until such time as the Required Lenders appoint
a successor Agent as provided for above in this Section. Upon the acceptance of a successor&rsquo;s appointment as Agent hereunder, such
successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Agent,
and the retiring Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not
already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a successor Agent shall be the same
as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Agent&rsquo;s
resignation hereunder and under the other Loan Documents, the provisions of this Article&nbsp;and <U>Section&nbsp;10.4</U> shall continue
in effect for the benefit of such retiring 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 Agent was acting as Agent 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-align: justify; text-indent: 1in"><B>9.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Reliance
on Agent and Other Lenders</B>. Each Lender acknowledges that it has, independently and without reliance upon the Agent or any other
Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit
analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon
the Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time
deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan
Document or any related agreement or any document furnished hereunder or thereunder. Except as provided in <U>Section&nbsp;9.11</U>,
the Agent shall not have any duty or responsibility to provide any Credit Party with any other credit or other information concerning
the affairs, financial condition or business of any Loan Party that may come into the possession of the 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>9.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved].</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; text-align: justify; text-indent: 1in"><B>9.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agent
May&nbsp;File Proofs of Claim; Credit Bidding</B>. In case of the pendency of any proceeding under any Debtor Relief Law or any other
judicial proceeding relative to any Loan Party, the 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 Agent shall have made any demand on the Loan Parties)
shall be entitled and empowered, 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans and all other Obligations
that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders,
the Agent and the other Credit Parties (including any claim for the reasonable compensation, expenses, disbursements and advances of
the Lenders, the Agent, such Credit Parties and their respective agents and counsel and all other amounts due the Lenders, the Agent
and such Credit Parties under <U>Sections&nbsp;2.9</U> and <U>10.4</U>) 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 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">and any custodian, receiver, assignee, trustee,
liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender to make such payments
to the Agent and to pay to the Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Agent
and its agents and counsel, and any other amounts due the Agent under <U>Sections&nbsp;2.9</U> and <U>10.4</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">Nothing contained herein shall
be deemed to authorize the Agent to authorize or consent to or accept or adopt on behalf of any Credit Party any plan of reorganization,
arrangement, adjustment or composition affecting the Obligations or the rights of any Credit Party or to authorize the Agent to vote
in respect of the claim of any Credit Party 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; text-align: justify; text-indent: 1in">The Credit Parties hereby irrevocably
authorize the Agent, at the direction of the Required Lenders, to credit bid all or any portion of the Obligations (including 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 (including through any sub-agent), subject to any applicable intercreditor agreement, 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 of the United States, including under Sections 363, 1123 or 1129 of the Bankruptcy Code of the United States,
or any similar Laws in any other jurisdictions to which a Loan Party is subject, (b)&nbsp;at any other sale or foreclosure or acceptance
of collateral in lieu of debt conducted by (or with the consent or at the direction of) the 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 Credit Parties
shall be entitled to be, and shall be, credit bid 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 would 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) in the asset or assets
so purchased (or in the Equity Interests or debt instruments of the acquisition vehicle or vehicles that are used to consummate such
purchase). In connection with any such bid the Agent shall be authorized to (i)&nbsp;form one or more acquisition vehicles to make a
bid, (ii)&nbsp;to adopt documents providing for the governance and other terms of the acquisition vehicle or vehicles (provided that
any actions by the 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 the vote of the Required Lenders, irrespective of the termination of this Agreement
and without giving effect to the limitations on actions by the Required Lenders contained in clauses (i)&nbsp;through (x)&nbsp;of <U>Section&nbsp;10.1(a)</U>&nbsp;of
this Agreement), and (iii)&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 debt credit bid by the acquisition vehicle or otherwise), such Obligations shall automatically be reassigned to
the Lenders pro rata and the Equity Interests and/or debt instruments issued by any acquisition vehicle on account of the Obligations
that had been assigned to the acquisition vehicle shall automatically be cancelled, without the need for any Credit Party or any acquisition
vehicle to take any further action.</P>

<P STYLE="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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>9.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Collateral
and Guaranty Matters</B>. The Credit Parties irrevocably authorize the Agent, at its option and 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
release any Lien on any property granted to or held by the Agent under any Loan Document (i)&nbsp;upon termination of the Commitments
and payment in full of all Obligations in accordance with <U>Section&nbsp;1.2(d)</U>, (ii)&nbsp;that is sold or otherwise disposed of
or to be sold or otherwise disposed of (to a Person that is not a Loan Party) as part of or in connection with any sale or other disposition
permitted hereunder or under any other Loan Document, or (iii)&nbsp;if approved, authorized or ratified in writing by the Applicable
Lenders in accordance with <U>Section&nbsp;10.1</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 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
subordinate, make senior or make pari passu any Lien on any ABL Priority Collateral granted to or held by the Agent under any Loan Document
to or with the Lien of any other Person on such property, as contemplated by clauses (i)&nbsp;and (y)&nbsp;of the definition of &ldquo;Permitted
Encumbrances&rdquo; and to enter into the intercreditor agreements contemplated under clauses (i)&nbsp;and (y)&nbsp;of the definition
of &ldquo;Permitted Encumbrances&rdquo; or otherwise under this 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
release any Guarantor from its obligations under the Loan Documents if such Person ceases to be a Restricted Subsidiary as a result of
a transaction 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-align: justify">Upon request by the Agent at any time, the Applicable
Lenders will confirm in writing the Agent&rsquo;s authority to release or subordinate its interest in particular types or items of property,
or to release any Guarantor from its obligations under the Guaranty and Security Agreement pursuant to this <U>Section&nbsp;9.10</U>
and its authority to give the releases set forth in <U>Section&nbsp;10.22</U>. The Agent agrees upon the request of the Borrower and
at the Borrower&rsquo;s expense to negotiate in good faith and enter into any ABL Intercreditor Agreement or Customary Intercreditor
Agreement permitted under this Agreement in connection with the incurrence by the Borrower or any Restricted Subsidiary of the applicable
secured Indebtedness to the extent expressly contemplated to be subject to such ABL Intercreditor Agreement or Customary Intercreditor
Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding anything to the contrary herein,
the provisions of this <U>Section&nbsp;9.10</U> shall be in addition to, and not a limitation upon, the provisions of <U>Section&nbsp;10.21</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-align: justify; text-indent: 1in"><B>9.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notice
of Transfer</B>. The Agent may deem and treat a Lender party to this Agreement as the owner of such Lender&rsquo;s portion of the Obligations
for all purposes, unless and until, and except to the extent, an Assignment and Assumption shall have become effective as set forth in
<U>Section&nbsp;10.6</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; text-align: justify; text-indent: 1in"><B>9.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Agency
for Perfection</B>. Each Credit Party hereby appoints each other Credit Party as agent for the purpose of perfecting Liens for the benefit
of the Credit Parties, in assets which, in accordance with Article&nbsp;9 of the UCC or any other applicable Law can be perfected only
by possession or control. Should any Credit Party (other than the Agent) obtain possession or control of any such Collateral, such Credit
Party shall notify the Agent thereof, and, promptly upon the Agent&rsquo;s request therefor shall deliver such Collateral to the Agent
or otherwise deal with such Collateral in accordance with the Agent&rsquo;s instructions.</P>

<P STYLE="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"><B>9.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indemnification
of Agent</B>. Without limiting the obligations of Loan Parties hereunder, to the extent that the Loan Parties for any reason fails to
indefeasibly pay any amount required under <U>Section&nbsp;10.4</U> to be paid by them to the Agent (or any sub-agent thereof), the Lenders
shall indemnify the Agent, any sub-agent thereof and any Related Party, as the case may be ratably according to their Applicable Percentages,
from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements
of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against the Agent, any sub-agent thereof and their
Related Parties in any way relating to or arising out of this Agreement or any other Loan Document or any action taken or omitted to
be taken by the Agent, any sub-agent thereof and their Related Parties in connection therewith; <U>provided</U>, that no Lender shall
be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or
disbursements resulting from the Agent&rsquo;s, any sub-agent&rsquo;s and their Related Parties&rsquo; gross negligence or willful misconduct
as determined by a final and nonappealable judgment of a court of competent 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: justify; text-indent: 1in"><B>9.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Relation
among Lenders</B>. The Lenders are not partners or co-venturers, and no Lender shall be liable for the acts or omissions of, or (except
as otherwise set forth herein in case of the Agent) authorized to act for, 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-align: center"><FONT STYLE="text-transform: uppercase"><B>Article&nbsp;X</B></FONT><B><BR>
<FONT STYLE="text-transform: uppercase">Miscellaneous</FONT></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: 1in"><B>10.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendments,
Etc.</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by any Loan Party
therefrom, shall be effective unless in writing signed by the Required Lenders or by the Agent, with the consent of the Required Lenders,
and the Borrower or the applicable Loan Party, as the case may be, and each such waiver or consent shall be effective only in the specific
instance and for the specific purpose for which given; <U>provided</U>, <U>however</U>, that no such amendment, waiver or consent 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; text-align: justify; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;increase
the Commitment of any Lender (or reinstate any Commitment terminated pursuant to <U>Section&nbsp;8.2</U>) without the written consent
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; text-align: justify; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
to any Lender, postpone any date fixed by this Agreement or any other Loan Document for (i)&nbsp;any scheduled payment (including on
the Maturity Date) of principal, interest, fees or other amounts due hereunder or under any of the other Loan Documents without the written
consent of such Lender, or (ii)&nbsp;any scheduled or mandatory reduction or termination of the Commitments hereunder or under any other
Loan Document, without the written consent of such Lender or otherwise permit any payment to be made in-kind or in property other than
cash;</P>

<P STYLE="font: 10pt 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: 1.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
to any Lender, reduce the principal of, or the rate of interest specified herein on, any Loan held by such Lender, or (subject to clause
(ii)&nbsp;of the second proviso to this <U>Section&nbsp;10.1(a)</U>) any fees or other amounts payable hereunder or under any other Loan
Document to or for the account of such Lender, without the written consent of such Lender; <U>provided</U>, <U>however</U>, that only
the consent of the Required Lenders shall be necessary to amend the definition of &ldquo;Default Rate&rdquo; or to waive any obligation
of the Borrower to pay interest at the Default 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-align: justify; text-indent: 1.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
to any Lender, directly or indirectly change <U>Section&nbsp;2.13 or Section&nbsp;8.3</U> or any other provision herein or in the other
Loan Documents receiving the pro rata treatment of Lenders in a manner that would alter the priorities set forth therein or the pro rata
sharing of payments required thereby without the written consent 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"></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: 1.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;change
any provision of this <U>Section&nbsp;10.1</U> or the definition of &ldquo;Required Lenders,&rdquo; or any other provision hereof specifying
the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant
any consent hereunder, without the written consent of each 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-align: justify; text-indent: 1.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as expressly permitted hereunder or under any other Loan Document as of the Closing Date, release or limit the liability of the Borrower,
or release all or substantially all of the value of the Guarantees of the Obligations by the Guarantors without the written consent of
each 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-align: justify; text-indent: 1.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
for Permitted Dispositions or as provided in <U>Section&nbsp;9.10</U>, release all or substantially all of the Collateral from the Liens
of the Security Documents without the written consent of each 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-align: justify; text-indent: 1.5in">(viii)&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: 1.5in">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved];
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: 1.5in">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as expressly permitted herein or in any other Loan Document as of the Closing Date, subordinate the Obligations hereunder or the Liens
granted hereunder or under the other Loan Documents, to any other Indebtedness or Lien, as the case may be without the written consent
of each 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-align: justify">and, <U>provided further</U>, that (i)&nbsp;no
amendment, waiver or consent shall, unless in writing and signed by the Agent in addition to the Lenders required above, affect the rights
or duties of the Agent under this Agreement or any other Loan Document; and (ii)&nbsp;the Fee Letter may be amended, or rights or privileges
thereunder waived, in a writing executed only by the parties thereto. Notwithstanding anything to the contrary herein, no Defaulting
Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent
which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders
other than Defaulting Lenders), except that (x)&nbsp;the Commitment of any Defaulting Lender may not be increased or extended without
the consent of such Lender and (y)&nbsp;any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender
that by its terms affects any Defaulting Lender disproportionately adversely relative to other affected Lenders shall require the consent
of such 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; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary in this Agreement or any other Loan Document, any Loan Document may be amended and waived with the consent of
the Agent at the request of the Borrower without the need to obtain the consent of any other Lender if such amendment or waiver is delivered
in order (i)&nbsp;to comply with local Law or advice of local counsel, (ii)&nbsp;to cure ambiguities or defects or (iii)&nbsp;to cause
any Loan Document to be consistent with this 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: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any Lender does not consent (a &ldquo;<U>Non-Consenting Lender</U>&rdquo;) to a proposed amendment, waiver, consent or release with respect
to any Loan Document that requires the consent of each Lender or each affected Lender, and that has been approved by the Required Lenders,
the Borrower may replace such Non-Consenting Lender with respect to this Agreement in accordance with <U>Section&nbsp;10.14</U>; <U>provided
</U>that such amendment, waiver, consent or release can be effected as a result of the assignment contemplated by such Section&nbsp;(together
with all other such assignments required by the Borrower to be made pursuant to 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"></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">(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;Notwithstanding
and in addition to the foregoing, the Agent may, with the consent of the Borrower only, amend, modify or supplement any Loan Document
to cure any ambiguity, omission, defect or inconsistency therein, so long as such amendment, modification or supplement does not adversely
affect the rights of any Credit 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: justify; text-indent: 1in"><B>10.2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notices;
Effectiveness; Electronic Communications</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Notices
Generally</U>. Except in the case of notices and other communications expressly permitted to be given electronically (and except as provided
in subsection (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 telecopier or electronic mail as follows, and all
notices and other communications expressly permitted hereunder to be given electronically shall be made to the applicable electronic
mail address, 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: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
to a Loan Party or the Agent, to the address, telecopier number, or electronic mail address specified for such Person on <U>Schedule&nbsp;10.2</U>;
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: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if
to any other Lender, to the address, telecopier number, or electronic mail address specified in its Administrative Questionnaire.</P>

<P STYLE="font: 10pt 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">Notices and other communications sent by hand
or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices and
other communications sent by 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
and other communications delivered through electronic communications to the extent provided in subsection&nbsp;(b)&nbsp;below, shall
be effective as provided in such subsection&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; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Electronic
Communications</U>. Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communication
(including e-mail and Internet or intranet websites) pursuant to procedures approved by the Agent, <U>provided</U> that the foregoing
shall not apply to notices to any Lender pursuant to <U>Article&nbsp;II</U> if such Lender has notified the Agent that it is incapable
of receiving notices under such Article&nbsp;by electronic communication. Each of the Agent and the Borrower may, in its discretion,
agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it,
<U>provided</U> that approval of such procedures may be limited to particular notices or communications.</P>

<P STYLE="font: 10pt 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">Unless the 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 (i)&nbsp;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), if such notice, email or other communication is not sent during the normal business hours of the recipient,
such notice, email 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"></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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>The
Platform</U>. THE PLATFORM&nbsp;IS PROVIDED &ldquo;AS IS&rdquo; AND &ldquo;AS AVAILABLE.&rdquo; THE AGENT PARTIES (AS DEFINED BELOW)
DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY
FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. 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 AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Agent
or any of its Related Parties (collectively, the &ldquo;<U>Agent Parties</U>&rdquo;) have any liability to any Loan Party, any Lender
or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising
out of the Loan Parties&rsquo; or the Agent&rsquo;s transmission of Borrower Materials through the Internet.</P>

<P STYLE="font: 10pt 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;<U>Change
of Address, Etc</U>. Each of the Loan Parties and the Agent may change its address, telecopier or electronic mail address for notices
and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, telecopier or electronic
mail address for notices and other communications hereunder by notice to the Borrower and the Agent. In addition, each Lender agrees
to notify the Agent from time to time to ensure that the Agent has on record (i)&nbsp;an effective address, contact name, telecopier
number and electronic mail address to which notices and other communications may be sent and (ii)&nbsp;accurate wire instructions for
such Lender. Furthermore, each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at all
times have selected the &ldquo;Private Side Information&rdquo; or similar designation on the content declaration screen of the Platform
in order to enable such Public Lender or its delegate, in accordance with such Public Lender&rsquo;s compliance procedures and applicable
Law, including United States Federal and state securities Laws, to make reference to Borrower Materials that are not made available through
the &ldquo;Public Side Information&rdquo; portion of the Platform and that may contain material non-public information with respect to
the Borrower or its securities for purposes of the 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-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Reliance
by Agent and Lenders</U>. The Agent and the Lenders shall be entitled to rely and act upon any notices purportedly given by or on behalf
of the Loan Parties even if (i)&nbsp;such notices were not made in a manner specified herein, were incomplete or were not preceded or
followed by any other form of notice specified herein, or (ii)&nbsp;the terms thereof, as understood by the recipient, varied from any
confirmation thereof. The Loan Parties shall indemnify the Agent, each Lender and the Related Parties of each of them from all losses,
costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of the Loan
Parties. All electronic notices to and other electronic and telephonic communications with the Agent may be recorded by the Agent, and
each of the parties hereto hereby consents to such recording.</P>

<P STYLE="font: 10pt 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>10.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Waiver; Cumulative Remedies</B>. No failure by any Credit Party to exercise, and no delay by any such Person in exercising, any right,
remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy,
power or privilege hereunder or under any other Loan Document preclude any other or further exercise thereof or the exercise of any other
right, remedy, power or privilege. The rights, remedies, powers and privileges provided herein and in the other Loan Documents are cumulative
and not exclusive of any rights, remedies, powers and privileges provided by law. Without limiting the generality of the foregoing, the
making of a Loan shall not be construed as a waiver of any Default or Event of Default, regardless of whether any Credit Party may have
had notice or knowledge of such Default or Event of 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; text-align: justify; text-indent: 1in">Notwithstanding anything to
the contrary contained herein or in any other Loan Document, the authority to enforce rights and remedies hereunder and under the other
Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at Law in connection
with such enforcement shall be instituted and maintained exclusively by, the Agent in accordance with <U>Section&nbsp;8.2</U> for the
benefit of all the Lenders; <U>provided</U>, <U>however</U>, that the foregoing shall not prohibit (a)&nbsp;the Agent from exercising
on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Agent) hereunder and under the other Loan
Documents or (b)&nbsp;any Lender from exercising setoff rights in accordance with <U>Section&nbsp;10.9</U> (subject to the terms of <U>Section&nbsp;2.13</U>);
and <U>provided</U>, <U>further</U>, that if at any time there is no Person acting as Agent hereunder and under the other Loan Documents,
then (i)&nbsp;the Required Lenders shall have the rights otherwise ascribed to the Agent pursuant to <U>Section&nbsp;8.2</U> and (ii)&nbsp;in
addition to the matters set forth in clause (b)&nbsp;of the preceding proviso and subject to <U>Section&nbsp;2.13</U>, any Lender may,
with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>10.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses;
Indemnity; Damage Waiver</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Costs
and Expenses</U>. The Borrower shall pay all Credit Party Expenses.</P>

<P STYLE="font: 10pt 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;<U>Indemnification
by the Loan Parties</U>. The Loan Parties shall indemnify the Agent (and any sub-agent thereof), the Lenders, and each Related Party
of any of the foregoing Persons (each such Person being called an &ldquo;<U>Indemnitee</U>&rdquo;) against, and hold each Indemnitee
harmless (on an after tax basis) from, any and all losses, claims, causes of action, damages, liabilities, settlement payments, costs,
and related expenses (including the reasonable fees, charges and out-of-pocket disbursements of one counsel for all Indemnitees, one
specialty counsel and, one local counsel in each relevant jurisdiction (which may include a single special counsel acting in multiple
jurisdictions) for all indemnified persons (and, in the case of an actual or perceived conflict of interest, where the Indemnitee affected
by such conflict informs the Borrower of such conflict and thereafter retains its own counsel, of another firm of counsel for such affected
Indemnitee)), incurred by any Indemnitee or asserted against any Indemnitee by any third party or by the Borrower or any other Loan Party
arising out of, in connection with, or as a result of (i)&nbsp;the execution or delivery of this Agreement, any other Loan Document,
the performance by the parties hereto of their respective obligations hereunder or thereunder, the consummation of the transactions contemplated
hereby or thereby, or the administration of this Agreement and the other Loan Documents, (ii)&nbsp;any Loan or the use or proposed use
of the proceeds therefrom, (iii)&nbsp;any actual or alleged presence or release of Hazardous Materials on or from any property owned
or operated by any Loan Party or any of its Subsidiaries, or any Environmental Liability related in any way to any Loan Party or any
of its Subsidiaries, or (iv)&nbsp;any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing,
whether based on contract, tort or any other theory, whether brought by a third party or by the Borrower or any other Loan Party or any
of the Loan Parties&rsquo; directors, shareholders or creditors, and regardless of whether any Indemnitee is a party thereto, in all
cases, whether or not caused by or arising, in whole or in part, out of the comparative, contributory or sole negligence of the Indemnitee;
<U>provided</U> that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities
or related expenses are determined by a court of competent jurisdiction by final and non-appealable judgment to have resulted from (1)&nbsp;the
gross negligence, bad faith, or willful misconduct of such Indemnitee or any of its Related Parties, or (2)&nbsp;disputes solely among
Indemnitees (other than any claims against an Indemnitee in its capacity or in fulfilling its role as an agent or any similar role hereunder
or under any Loan Document and other than any claims arising from an act or omission of a Loan Party) or (3)&nbsp;a claim brought by
the Borrower or any other Loan Party against an Indemnitee for a material intentional breach of such Indemnitee&rsquo;s (or its Related
Parties&rsquo;) obligations hereunder. Without limiting the provisions of <U>Section&nbsp;3.1(c)</U>, this <U>Section&nbsp;10.4(b)</U>&nbsp;shall
not apply with respect to Taxes other than any Taxes that represent losses, claims, damages,&nbsp;etc. arising from any non-Tax claim.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Waiver
of Consequential Damages, Etc.</U> To the fullest extent permitted by Law, the Loan Parties shall not assert, and hereby waive, any claim
against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or
actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document, the transactions contemplated
hereby or thereby, any Loan or the use of the proceeds 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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payments</U>.
All amounts due under this Section&nbsp;shall be payable on 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-align: justify; text-indent: 1in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Limitation
of Liability</U>. No Indemnitee shall be liable for any damages arising from the use by unintended recipients of any information or other
materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission
systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for
direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and nonappealable
judgment of a court of competent 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: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival</U>.
The agreements in this Section&nbsp;and the indemnity provisions of <U>Section&nbsp;10.2(e)</U>&nbsp;shall survive the resignation of
the Agent, the assignment of any Commitment or Loan by any Lender, the replacement of any Lender, the termination of the Commitments
and the repayment, satisfaction or discharge of all the other 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"><B>10.5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments
Set Aside</B>. To the extent that any payment by or on behalf of the Loan Parties is made to any Credit Party, or any Credit Party exercises
its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be
fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by such Credit Party in its discretion)
to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law or otherwise, then
(a)&nbsp;to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued
in full force and effect as if such payment had not been made or such setoff had not occurred, and (b)&nbsp;each Lender severally agrees
to pay to the Agent upon demand its Applicable Percentage (without duplication) of any amount so recovered from or repaid by the Agent,
plus interest thereon from the date of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate
from time to time in effect. The obligations of the Lenders under clause (b)&nbsp;of the preceding sentence shall survive the payment
in full of the Obligations and the termination 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: justify; text-indent: 1in"><B>10.6&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Successors
and Assigns</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Successors
and Assigns Generally</U>. The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and
their respective successors and assigns permitted hereby, except that no Loan Party may assign or otherwise transfer any of its rights
or obligations hereunder or under any other Loan Document without the prior written consent of the Agent and each Lender (unless otherwise
permitted pursuant to this Agreement), and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except
(i)&nbsp;to an Eligible Assignee in accordance with the provisions of subsection (b)&nbsp;of this Section, (ii)&nbsp;by way of participation
in accordance with the provisions of subsection (d)&nbsp;of this Section, or (iii)&nbsp;by way of pledge or assignment of a security
interest subject to the restrictions of subsection (f)&nbsp;of this Section&nbsp;(and any other attempted assignment or transfer by any
party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other
than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in subsection
(d)&nbsp;of this Section&nbsp;and, to the extent expressly contemplated hereby, the Related Parties of each of the Credit Parties) any
legal or equitable right, remedy or claim under or by reason of this Agreement. Notwithstanding the foregoing, in no event shall the
Agent be obligated to ascertain, monitor or inquire as to whether any Person is a Disqualified 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; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignments
by Lenders</U>. Any Lender may at any time assign to one or more Eligible Assignees all or a portion of its rights and obligations under
this Agreement (including all or a portion of its Commitment(s)&nbsp;and the Loans at the time owing to it); <U>provided</U> that any
such assignment shall be subject to the following conditions:</P>

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

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

<P STYLE="font: 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">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of an assignment of the entire remaining amount of the assigning Lender&rsquo;s Commitment and the Loans at the time owing to
it or in the case of an assignment to a Lender or an Affiliate of a Lender or an Approved Fund with respect to a Lender, no minimum amount
need be assigned; 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-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
any case not described in subsection (b)(i)(A)&nbsp;of this Section, the aggregate amount of the Commitment (which for this purpose includes
Loans) or, if the Commitment is not then in effect, the principal outstanding balance of the 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 Agent
or, if &ldquo;Trade Date&rdquo; is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5,000,000
unless each of the Agent and, so long as no Default or Event of Default has occurred and is continuing, the Borrower otherwise consents
(each such consent not to be unreasonably withheld or delayed); <U>provided</U>, <U>however</U>, that concurrent assignments to members
of an Assignee Group and concurrent assignments from members of an Assignee Group to a single Eligible Assignee (or to an Eligible Assignee
and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has
been met;</P>

<P STYLE="font: 10pt 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: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Proportionate
Amounts</U>. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender&rsquo;s rights
and obligations under this Agreement with respect to the Loans or the Commitment assigned;</P>

<P STYLE="font: 10pt 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: 1.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Required
Consents</U>. No consent shall be required for any assignment except to the extent required by subsection (b)(i)(B)&nbsp;of this Section&nbsp;and,
in addition:</P>

<P STYLE="font: 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">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
consent of the Borrower (such consent not to be unreasonably withheld or delayed) shall be required unless (1)&nbsp;a Default or Event
of Default has occurred and is continuing at the time of such assignment or (2)&nbsp;such assignment is to a Lender, an Affiliate of
a Lender or an Approved Fund with respect to such Lender; <U>provided</U> that, to the extent the consent of the Borrower is required,
it shall be reasonable for the Borrower to withhold consent based on the nature of the proposed assignee&rsquo;s business; and <U>provided
further</U> that, to the extent the consent of the Borrower is required, the Borrower shall be deemed to have consented to such assignment
if the Borrower has been given ten (10)&nbsp;Business Days&rsquo; prior notice of such assignment and has not objected to such assignment
within such period; 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 0pt 1in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
consent of the Agent, (such consent not to be unreasonably withheld or delayed) shall be required for assignments if such assignment
is to a Person that is not a Lender, an Affiliate of such Lender or an Approved Fund with respect to 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-align: justify; text-indent: 1.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assignment
and Assumption</U>. The parties to each assignment shall execute and deliver to the Agent an Assignment and Assumption, together with
a processing and recordation fee of $3,500, <U>provided</U>, <U>however</U>, that the Agent may, in its sole discretion, elect to waive
such processing and recordation fee in the case of any assignment. The assignee, if it shall not be a Lender, shall deliver to the Agent
an Administrative Questionnaire.</P>

<P STYLE="font: 10pt 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: 1.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>No
Assignment to Certain Persons</U>. No such assignment shall be made (A)&nbsp;to the Loan Parties or any of the Loan Parties&rsquo; Subsidiaries
or Affiliates (including any Permitted Holder), (B)&nbsp;to any Defaulting Lender or any of its Subsidiaries or Affiliates, or any Person
who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), or (C)&nbsp;to a natural
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-align: justify; text-indent: 1.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Additional Payments</U>. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment
shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall
make such additional payments to the Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be
outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding,
with the consent of the Borrower and the Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting
Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x)&nbsp;pay and satisfy in full all payment
liabilities then owed by such Defaulting Lender to the Agent or any Lender hereunder (and interest accrued thereon) and (y)&nbsp;acquire
(and fund as appropriate) its full pro rata share of all Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing,
in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable
Law without compliance with the provisions of this clause (vi), then the assignee of such interest shall be deemed to be a Defaulting
Lender for all purposes of this Agreement until such compliance occurs.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Subject to acceptance and recording thereof by
the Agent pursuant to subsection (c)&nbsp;of this Section, from and after the effective date specified in each Assignment and Assumption,
the Eligible Assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and
Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent
of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of
an Assignment and Assumption covering all of the assigning Lender&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 <U>Sections&nbsp;3.1</U>, <U>3.4</U>, <U>3.5</U>, and
<U>10.4</U> with respect to facts and circumstances occurring prior to the effective date of such assignment; <U>provided</U>, that except
to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release
of any claim of any party hereunder arising from that Lender&rsquo;s having been a Defaulting Lender. Upon request, the Borrower (at
its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations
under this Agreement that does not comply with this subsection (b)&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 subsection (d)&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"></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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Register</U>.
The Agent, acting solely for this purpose as an agent of the Borrower, shall maintain at the Agent&rsquo;s Office a copy of each Assignment
and Assumption delivered to it (or the equivalent thereof in electronic form) and a register for the recordation of the names and addresses
of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans owing to, each Lender pursuant to the
terms hereof from time to time (the &ldquo;<U>Register</U>&rdquo;). The entries in the Register shall be conclusive, absent manifest
error, and the Loan Parties, the Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the
terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be
available for inspection by the Borrower and any Lender at any reasonable time and from time to time upon reasonable prior notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;<U>Participations</U>.
(i)&nbsp;Any Lender may at any time, without the consent of, or notice to, the Loan Parties or the Agent, sell participations to any
Person (other than a Defaulting Lender, Disqualified Lender, a natural Person or the Loan Parties or any of the Loan Parties&rsquo; Affiliates
or Subsidiaries (including any Permitted Holder)) (each, a &ldquo;<U>Participant</U>&rdquo;) 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 the Loans owing to it); <U>provided
</U>that (i)&nbsp;such Lender&rsquo;s obligations under this Agreement shall remain unchanged, (ii)&nbsp;such Lender shall remain solely
responsible to the other parties hereto for the performance of such obligations and (iii)&nbsp;the Loan Parties, the Agent, the 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 Participant shall agree in writing to comply with all confidentiality obligations set forth in <U>Section&nbsp;10.8</U>
as if such Participant was a 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-align: justify; text-indent: 1in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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, waiver
or other modification described in clauses (i)&nbsp;through (iv)&nbsp;and (vii)&nbsp;of the first proviso to <U>Section&nbsp;10.1(a)</U>&nbsp;that
affects such Participant. Subject to subsection (e)&nbsp;of this Section, the Loan Parties agree that each Participant shall be entitled
to the benefits of <U>Sections&nbsp;3.1</U>, <U>3.4</U> and <U>3.5</U> (subject to the requirements and limitations of those Sections,
it being understood that any documentation required to be provided under <U>Section&nbsp;3.1(e)</U>&nbsp;shall be provided to the participating
Lender) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to subsection (b)&nbsp;of this
Section. To the extent permitted by law, each Participant also shall be entitled to the benefits of <U>Section&nbsp;10.9</U> as though
it were a Lender, provided such Participant agrees to be subject to <U>Section&nbsp;2.13</U> as though it were a Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register
on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant&rsquo;s
interest in the Loans or other obligations under the Loan Documents (the &ldquo;<U>Participant Register</U>&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 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 or other Obligation is in
registered form under Section&nbsp;5f.103-1(c)&nbsp;or Proposed Section&nbsp;1.163-5(b)&nbsp;of the United States Treasury Regulations
(or, in each case, any amended or successor version). 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 Agent (in its capacity as 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"></P>

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<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>Limitations
upon Participant Rights</U>. A Participant shall not be entitled to receive any greater payment under <U>Section&nbsp;3.1</U> or <U>3.4
</U>than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless
the sale of the participation to such Participant is made with the Borrower&rsquo;s prior written consent (not to be unreasonably withheld
or delayed). A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of <U>Section&nbsp;3.1
</U>unless the Borrowers are notified of the participation sold to such Participant and such Participant agrees, for the benefit of the
Loan Parties, to comply with <U>Section&nbsp;3.1(e)</U>&nbsp;as though it were a Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain
Pledges</U>. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement
(including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to
a Federal Reserve Bank; <U>provided</U> that no such pledge or assignment shall release such Lender from any of its obligations hereunder
or substitute any such pledgee or assignee for such Lender as a party hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>10.7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Reserved]</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: 1in"><B>10.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Treatment
of Certain Information; Confidentiality</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: 1in">Each Credit Party party to
any Loan Document agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed
(a)&nbsp;to its Affiliates and to its Related Parties, Approved Funds, and to its and its Affiliates&rsquo; and Approved Funds&rsquo;
respective Related Parties and any of their respective limited partners (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 required or requested by any regulatory authority purporting to have jurisdiction over such Person or its Related Parties
(including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c)&nbsp;to the extent required
by applicable Laws or regulations or by any subpoena or similar legal process; provided that any Person that discloses any Information
pursuant to this clause (c)&nbsp;shall notify the Borrower in advance of such disclosure (if permitted by Law) or shall provide the Borrower
with prompt written notice of such disclosure (if permitted by Law), (d)&nbsp;to any other party hereto, (e)&nbsp;in connection with
the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any
other Loan Document or the enforcement of rights hereunder or thereunder, (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 and obligations under this Agreement (in each case, excluding any Disqualified Lender (other than in connection with any
assignment or participation to a Disqualified Lender permitted under <U>Section&nbsp;10.6</U>)) or (ii)&nbsp;any actual or prospective
party (or its Related Parties) to any swap, derivative or other transaction under which payments are to be made by reference to the Borrower
and its obligations, this Agreement or payments hereunder, (g)&nbsp;on a confidential basis to the CUSIP Service Bureau or any similar
agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with respect to the credit facilities
provided hereunder, (h)&nbsp;with the consent of the Borrower 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 any Credit Party or any of their respective
Affiliates on a non-confidential basis from a source other than the Loan Parties not known by such source to be in breach of any duty
of confidentiality with respect to such 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">For purposes of this Section,
 &ldquo;Information&rdquo; means all information received from the Loan Parties or any Subsidiary thereof relating to this Agreement,
the Transactions, the Loans and Commitments hereunder, Loan Parties or any Subsidiary thereof or their respective businesses, other than
any such information that is available to any Credit Party on a non-confidential basis prior to disclosure by the Loan Parties or any
Subsidiary thereof. 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-align: justify; text-indent: 1in">Each of the Credit Parties
acknowledges that (a)&nbsp;the Information may include material non-public information concerning the Loan Parties or a Subsidiary, as
the case may be, (b)&nbsp;it has developed compliance procedures regarding the use of material non-public information and (c)&nbsp;it
will handle such material non-public information in accordance with Law, 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-align: justify; text-indent: 1in">Notwithstanding anything in
the foregoing to the contrary, each of the Credit Parties acknowledges that this Section&nbsp;10.8 shall replace any non-disclosure agreement
entered into by any Credit Party (or any Affiliate thereof) with a Loan Party prior to the Closing 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-align: justify; text-indent: 1in"><B>10.9&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Right
of Setoff</B>. If an Event of Default shall have occurred and be continuing or if any Lender shall have been served with a trustee process
or similar attachment relating to property of a Loan Party, each Lender and each of their respective Affiliates is hereby authorized
at any time and from time to time, after obtaining the prior written consent of the Agent or the Required Lenders, 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, in whatever currency)
or other property at any time held and other obligations (in whatever currency) at any time owing by such Lender or any such Affiliate
to or for the credit or the account of the Borrower or any other Loan Party against any and all of the Obligations now or hereafter existing
under this Agreement or any other Loan Document to such Lender, regardless of the adequacy of the Collateral, and irrespective of whether
or not such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Borrower
or such Loan Party may be contingent or unmatured or are owed to a branch or office of such Lender different from the branch or office
holding such deposit or obligated on such indebtedness; <U>provided</U>, 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 Agent for further application in accordance
with the provisions of <U>Section&nbsp;2.15</U> 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 Agent and the other Credit Parties, and (y)&nbsp;the Defaulting Lender shall provide
promptly to the 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 and their respective Affiliates under this Section&nbsp;are in addition to other rights
and remedies (including other rights of setoff) that such Lender or their respective Affiliates may have. Each Lender agrees to notify
the Borrower and the Agent promptly after any such setoff and application, <U>provided</U> 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-align: justify; text-indent: 1in"><B>10.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
Rate Limitation</B>. Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid
under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by Law (the &ldquo;<U>Maximum Rate</U>&rdquo;).
If the Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to
the principal of the Loans and other Obligations or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether
the interest contracted for, charged, or received by the Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted
by Law, (a)&nbsp;characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b)&nbsp;exclude
voluntary prepayments and the effects thereof, and (c)&nbsp;amortize, prorate, allocate, and spread in equal or unequal parts the total
amount of interest throughout the contemplated term of the Obligations 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"></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"><B>10.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counterparts;
Integration; Effectiveness</B>. This Agreement may be executed in counterparts (and by different parties hereto in different counterparts),
each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and
the other Loan Documents 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;4.1</U>,
this Agreement shall become effective when it shall have been executed by the Agent and when the Agent shall have received counterparts
hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature
page&nbsp;of this Agreement by telecopy, pdf or other electronic transmission shall be as 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; text-align: justify; text-indent: 1in"><B>10.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Survival</B>.
All representations and warranties made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto
or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties
have been or will be relied upon by the Credit Parties, regardless of any investigation made by any Credit Party or on their behalf and
notwithstanding that any Credit Party may have had notice or knowledge of any Default or Event of Default at the time of making of any
Loan, and shall continue in full force and effect as long as any Loan or any other Loan Agreement Obligation hereunder shall remain unpaid
or unsatisfied. Further, the provisions of <U>Sections 3.1</U>, <U>3.4</U>, <U>3.5</U> and <U>10.4</U> and <U>Article&nbsp;IX</U> shall
survive and remain in full force and effect regardless of the repayment of the Obligations or the termination of the Commitments or the
termination of this Agreement or any provision hereof. In connection with the termination of this Agreement and the release and termination
of the security interests in the Collateral, the Agent may require such indemnities and collateral security as they shall reasonably
deem necessary or appropriate to protect the Credit Parties against (x)&nbsp;loss on account of credits previously applied to the Obligations
that may subsequently be reversed or revoked and (y)&nbsp;any Obligations that may thereafter arise under <U>Section&nbsp;10.4</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"><B>10.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Severability</B>.
If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or unenforceable, (a)&nbsp;the legality,
validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired
thereby and (b)&nbsp;the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions
with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions.
The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
Without limiting the foregoing provisions of this <U>Section&nbsp;10.13</U>, if and to the extent that the enforceability of any provisions
in this Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Agent, then
such provisions shall be deemed to be in effect only to the extent not so limited.</P>

<P STYLE="font: 10pt 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>10.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Replacement
of Lenders</B>. If the Borrower is entitled to replace a Lender pursuant to the provisions of <U>Section&nbsp;3.6</U>, or if any Lender
is a Defaulting Lender or a Non-Consenting Lender, then the Borrower may, at its sole expense and effort, upon notice to such Lender
(if permitted by Law) and the Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to
the restrictions contained in, and consents required by, <U>Section&nbsp;10.6</U>; <U>provided</U> that the consent of the assigned Lender
shall not be required in connection with any such assignment and delegation), all of its interests, rights (other than its existing rights
to payments pursuant to <U>Sections 3.1</U> and <U>3.4</U>) and obligations under this Agreement and the related 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:</P>

<P STYLE="font: 10pt Times New 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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower shall have paid to the Agent the assignment fee specified in <U>Section&nbsp;10.6(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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon, accrued fees
and all other amounts payable to it hereunder and under the other Loan Documents as though a voluntary prepayment were made on such date
(including the Applicable Prepayment Premium and any amounts under <U>Section&nbsp;3.5</U>) from the assignee (to the extent of such
outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts);</P>

<P STYLE="font: 10pt Times New 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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of any such assignment resulting from a claim for compensation under <U>Section&nbsp;3.4</U> or payments required to be made
pursuant to <U>Section&nbsp;3.1</U>, such assignment will result in a reduction in such compensation or payments 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;such
assignment does not conflict with Laws; 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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of an assignment resulting from a Lender becoming a Non-Consenting Lender, the applicable assignee shall have consented to the
applicable amendment, waiver or 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; text-align: justify">A Lender shall not be required to make any such
assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower
to require such assignment and delegation cease to apply.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>10.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governing
Law; Jurisdiction; Etc.</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>GOVERNING
LAW</U>. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR
TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN
DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF, BUT INCLUDING SECTION&nbsp;5-1401
OF THE NEW YORK GENERAL OBLIGATIONS 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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>SUBMISSION
TO JURISDICTION</U>. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT IT WILL NOT COMMENCE ANY ACTION, LITIGATION OR PROCEEDING
OF ANY KIND OR DESCRIPTION, WHETHER IN LAW OR EQUITY, WHETHER IN CONTRACT OR IN TORT OR OTHERWISE, AGAINST THE AGENT, ANY LENDER OR ANY
RELATED PARTY OF THE FOREGOING IN ANY WAY RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS RELATING HERETO OR
THERETO,&nbsp;IN ANY FORUM OTHER THAN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT
COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION, LITIGATION OR PROCEEDING
MAY&nbsp;BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY LAW,&nbsp;IN SUCH FEDERAL COURT.
EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION, LITIGATION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY&nbsp;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 ANY CREDIT PARTY MAY&nbsp;OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS
AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY PARTY OR ANY LOAN PARTY&rsquo;S 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; text-align: justify; text-indent: 1in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>WAIVER
OF VENUE</U>. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION THAT IT
MAY&nbsp;NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B)&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; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>SERVICE
OF PROCESS</U>. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN <U>SECTION&nbsp;10.2</U>.
NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO 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-align: justify; text-indent: 1in"><B>10.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waiver
of Jury Trial</B>. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY 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 ANY OTHER LOAN DOCUMENT
OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A)&nbsp;CERTIFIES
THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON 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 AND THE OTHER LOAN DOCUMENTS 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-align: justify; text-indent: 1in"><B>10.17&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Advisory or Fiduciary Responsibility</B>. In connection with all aspects of each transaction contemplated hereby, the Loan Parties each
acknowledge and agree that: (i)&nbsp;the credit facility provided for hereunder and any related arranging or other services in connection
therewith (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document) are an arm&rsquo;s-length
commercial transaction between the Loan Parties, on the one hand, and the Credit Parties, on the other hand, and each of the Loan Parties
is capable of evaluating and understanding and understands and accepts the terms, risks and conditions of the transactions contemplated
hereby and by the other Loan Documents (including any amendment, waiver or other modification hereof or thereof); (ii)&nbsp;in connection
with the process leading to such transaction, each Credit Party is and has been acting solely as a principal and is not the financial
advisor, agent or fiduciary, for the Loan Parties or any of their respective Affiliates, stockholders, creditors or employees or any
other Person; (iii)&nbsp;none of the Credit Parties has assumed or will assume an advisory, agency or fiduciary responsibility in favor
of the Loan Parties with respect to any of the transactions contemplated hereby or the process leading thereto, including with respect
to any amendment, waiver or other modification hereof or of any other Loan Document (irrespective of whether any of the Credit Parties
has advised or is currently advising any Loan Party or any of its Affiliates on other matters) and none of the Credit Parties has any
obligation to any Loan Party or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly
set forth herein and in the other Loan Documents; (iv)&nbsp;the Credit Parties and their respective Affiliates may be engaged in a broad
range of transactions that involve interests that differ from those of the Loan Parties and their respective Affiliates, and none of
the Credit Parties has any obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary relationship;
and (v)&nbsp;the Credit Parties have not provided and will not provide any legal, accounting, regulatory or tax advice with respect to
any of the transactions contemplated hereby (including any amendment, waiver or other modification hereof or of any other Loan Document)
and each of the Loan Parties has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate.
Each of the Loan Parties hereby waives and releases, to the fullest extent permitted by law, any claims that it may have against each
of the Credit Parties with respect to any breach or alleged breach of agency or fiduciary duty.</P>

<P STYLE="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"><B>10.18&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA
PATRIOT Act Notice</B>. Each Lender that is subject to the requirements of the Patriot Act 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 each Loan Party, which
information includes the name and address of each Loan Party and other information that will allow such Lender to identify each Loan
Party in accordance with the Patriot Act. In addition, Agent and each Lender shall have the right to periodically conduct due diligence
(including, without limitation, in respect of information and documentation as may reasonably be requested by the Agent or any Lender
from time to time for purposes of compliance by the Agent or such Lender with applicable Laws (including, without limitation, the Patriot
Act and other &ldquo;know your customer&rdquo; and Anti-Money Laundering Laws), and any policy or procedure implemented by the Agent
or such Lender to comply therewith) on all Loan Parties, their senior management and key principals and legal and beneficial owners.
Each Loan Party agrees to cooperate in respect of the conduct of such due diligence and further agrees that the reasonable costs and
charges for any such due diligence by Agent shall constitute Credit Party Expenses hereunder and be for the account of 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: justify; text-indent: 1in"><B>10.19&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign
Asset Control Regulations</B>. The Borrower hereby represents that neither of the advance of the Loans nor the use of the proceeds of
any thereof will violate the Trading With the Enemy Act (50 U.S.C. &sect;1 et seq., as amended) (the &ldquo;<U>Trading With the Enemy
Act</U>&rdquo;) or any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter
V, as amended) (the &ldquo;<U>Foreign Assets Control Regulations</U>&rdquo;) or any enabling legislation or executive order relating
thereto (which for the avoidance of doubt shall include, but shall not be limited to (a)&nbsp;Executive Order 13224 of September&nbsp;21,
2001 Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism (66 Fed. Reg. 49079
(2001)) (the &ldquo;<U>Executive Order</U>&rdquo;) and (b)&nbsp;the Patriot Act). Furthermore, none of the Borrower or its Affiliates
(a)&nbsp;is or will become a &ldquo;blocked person&rdquo; as described in the Executive Order, the Trading With the Enemy Act or the
Foreign Assets Control Regulations or (b)&nbsp;engages or will engage in any dealings or transactions, or be otherwise associated, with
any such &ldquo;blocked person&rdquo; or in any manner violative of any such order.</P>

<P STYLE="font: 10pt 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>10.20&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time
of the Essence</B>. Time is of the essence of 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; text-align: justify; text-indent: 1in"><B>10.21&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Press
Releases</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Credit Party executing this Agreement agrees that neither it nor its Affiliates will in the future issue any press releases or other
public disclosure using the name of the Agent or its Affiliates or referring to this Agreement or the other Loan Documents without at
least two (2)&nbsp;Business Days&rsquo; prior notice to the Agent and without the prior written consent of the Agent unless (and only
to the extent that) such Credit Party or Affiliate is required to do so under Law and then, in any event, such Credit Party or Affiliate
will consult with the Agent before issuing such press release or other public disclosure.</P>

<P STYLE="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">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Loan Party consents to the publication by the Agent, any Lender or their respective representatives of advertising material, including
any &ldquo;tombstone,&rdquo; press release or comparable advertising, on its website or in other marketing materials of Agent, relating
to the financing transactions contemplated by this Agreement using any Loan Party&rsquo;s name, product photographs, logo, trademark
or other insignia. The Agent or such Lender shall provide a draft reasonably in advance of any advertising material, &ldquo;tomb stone&rdquo;
or press release to the Borrower for review and comment prior to the publication thereof. The Agent reserves the right to provide to
industry trade organizations and loan syndication and pricing reporting services information necessary and customary for inclusion in
league table measurements.</P>

<P STYLE="font: 10pt 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>10.22&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Releases</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Lien on any property granted to or held by the Agent under any Loan Document shall terminate upon termination of the Commitments and
payment in full of all Obligations in accordance with <U>Section&nbsp;1.2(d)</U>&nbsp;of this Agreement (other than contingent obligations
for which claims have not been asserted); <U>provided</U>, <U>however</U>, that in connection with the termination of the Commitments
and satisfaction of the Obligations as set forth above, the Agent may require such indemnities it shall reasonably deem necessary or
appropriate to protect the Credit Parties against loss on account of credits previously applied to the Obligations that may subsequently
be reversed or revoked; <U>provided</U>, <U>further</U>, that any such Liens granted pursuant to the Loan Documents shall be reinstated
if at any time payment, or any part thereof, of any Loan Agreement Obligation is rescinded or must otherwise be restored by any Credit
Party upon the bankruptcy or reorganization of any Loan Party. At the request and sole expense of any Loan Party following any such termination,
the Agent shall deliver to such Loan Party any Collateral held by the Agent under any Loan Document, and execute and deliver to such
Loan Party such termination or other documents as such Loan Party shall reasonably request to evidence such termination.</P>

<P STYLE="font: 10pt 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;If
any of the Collateral shall be sold, transferred or otherwise disposed of by any Loan Party to a Person that is not a Loan Party in a
transaction permitted by this Agreement (including any such transaction approved, authorized or ratified in writing by the Applicable
Lenders in accordance with <U>Section&nbsp;10.1</U>), then such Collateral shall be automatically released from the Liens created by
the Loan Documents without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall
automatically revert to such Loan Party or its transferee, as the case may be, and the Agent, at the request and sole expense of such
Loan Party, shall execute and deliver to such Loan Party all releases or other documents reasonably necessary or desirable to evidence
the release of the Liens created by the Loan Documents on such Collateral. At the request and sole expense of the Borrower, the Agent
shall release any Loan Party from its obligations under the Loan Documents, including the Guaranty and Security Agreement, and shall
execute and deliver to the Loan Parties all releases or other documentation reasonably necessary or desirable to evidence any release
permitted hereunder, and/or in the event that all the equity interest of such Loan Party shall be sold, transferred or otherwise disposed
of to a Person that is not a Loan Party or such Loan Party shall otherwise cease to be a Subsidiary in a transaction 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; text-align: justify">Notwithstanding anything to the contrary herein,
the provisions of this <U>Section&nbsp;10.22</U> shall be in addition to, and not a limitation upon, the provisions of <U>Section&nbsp;9.10</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-align: justify; text-indent: 1in"><B>10.23&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Strict Construction</B>. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event
an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto
and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any provisions 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"></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"><B>10.24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attachments</B>.
The exhibits, schedules and annexes attached to this Agreement are incorporated herein (including, to the extent incorporated herein,
the Perfection Certificate) and shall be considered a part of this Agreement for the purposes stated herein, except that in the event
of any conflict between any of the provisions of such exhibits and the provisions of this Agreement, the provisions of this Agreement
shall prevail.</P>

<P STYLE="font: 10pt 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>10.25&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Electronic
Execution of Assignments and Certain Other Documents</B>. The words &ldquo;execute,&rdquo; &ldquo;execution,&rdquo; &ldquo;signed,&rdquo;
 &ldquo;signature,&rdquo; and words of like import in any Assignment and Assumption or in any amendment or other modification hereof (including
waivers and consents) shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations
on electronic platforms approved by the Agent, or the keeping of records in electronic form, each of which shall be of the same legal
effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may
be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce
Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions
Act.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><B>10.26&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intercreditor
Agreement</B>. The Loan Parties, the Agent, the Lenders and the other Credit Parties agree and acknowledge that the exercise of certain
of the Agent&rsquo;s rights and remedies hereunder shall be subject to, and restricted by, the provisions of the ABL Intercreditor Agreement.
In the event of any conflict between the terms of this Agreement and the ABL Intercreditor Agreement, the terms of the ABL Intercreditor
Agreement shall govern and 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; text-align: justify; text-indent: 1in"><B>10.27&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional
Waivers.</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: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Obligations are the joint and several obligation of each Loan Party. To the fullest extent permitted by applicable Law, the obligations
of each Loan Party shall not be affected by (i)&nbsp;the failure of any Credit Party to assert any claim or demand or to enforce or exercise
any right or remedy against any other Loan Party under the provisions of this Agreement, any other Loan Document or otherwise, (ii)&nbsp;any
rescission, waiver, amendment or modification of, or any release from any of the terms or provisions of, this Agreement or any other
Loan Document, or (iii)&nbsp;the failure to perfect any security interest in, or the release of, any of the Collateral or other security
held by or on behalf of the Agent or any other Credit 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: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
obligations of each Loan Party shall not be subject to any reduction, limitation, impairment or termination for any reason (other than
the indefeasible payment in full in cash of the Obligations after the termination of the Commitments), including any claim of waiver,
release, surrender, alteration or compromise of any of the Obligations, and shall not be subject to any defense or setoff, counterclaim,
recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of any of the Obligations or otherwise
(other than the payment in full in cash of the Obligations after the termination of the Commitments). Without limiting the generality
of the foregoing, the obligations of each Loan Party hereunder shall not be discharged or impaired or otherwise affected by the failure
of the Agent or any other Credit Party to assert any claim or demand or to enforce any remedy under this Agreement, any other Loan Document
or any other agreement, by any waiver or modification of any provision of any thereof, any default, failure or delay, willful or otherwise,
in the performance of any of the Obligations, or by any other act or omission that may or might in any manner or to any extent vary the
risk of any Loan Party or that would otherwise operate as a discharge of any Loan Party as a matter of law or equity (other than the
payment in full in cash of all the Obligations after the termination of the 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>

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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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the fullest extent permitted by applicable Law, each Loan Party waives any defense based on or arising out of any defense of any other
Loan Party or the unenforceability of the Obligations or any part thereof from any cause, or the cessation from any cause of the liability
of any other Loan Party, other than the indefeasible payment in full in cash of all the Obligations and the termination of the Commitments.
The Agent and the other Credit Parties may, at their election upon the occurrence and during the continuance of an Event of Default,
foreclose on any security held by one or more of them by one or more judicial or non-judicial sales, accept an assignment of any such
security in lieu of foreclosure, compromise or adjust any part of the Obligations, make any other accommodation with any other Loan Party,
or exercise any other right or remedy available to them against any other Loan Party, without affecting or impairing in any way the liability
of any Loan Party hereunder except to the extent that all the Obligations have been indefeasibly paid in full in cash and the Commitments
have been terminated. To the fullest extent permitted by applicable Law, each Loan Party waives any defense arising out of any such election
even though such election operates, pursuant to applicable Law, to impair or to extinguish any right of reimbursement or subrogation
or other right or remedy of such Loan Party against any other Loan Party, as the case may be, 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; text-align: justify; text-indent: 1in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
payment by any Loan Party of any Obligations, all rights of such Loan Party against any other Loan Party arising as a result thereof
by way of right of subrogation, contribution, reimbursement, indemnity or otherwise shall in all respects be subordinate and junior in
right of payment to the prior indefeasible payment in full in cash of all the Obligations and the termination of the Commitments. In
addition, any indebtedness of any Loan Party now or hereafter held by any other Loan Party is hereby subordinated in right of payment
to the prior indefeasible payment in full of the Obligations and no Loan Party will demand, sue for or otherwise attempt to collect any
such indebtedness. If any amount shall erroneously be paid to any Loan Party on account of (i)&nbsp;such subrogation, contribution, reimbursement,
indemnity or similar right or (ii)&nbsp;any such indebtedness of any Loan Party, such amount shall be held in trust for the benefit of
the Credit Parties and shall forthwith be paid to the Agent to be credited against the payment of the Obligations, whether matured or
unmatured, in accordance with the terms of this 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: 1in"><B>10.28&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Acknowledgement
and Consent to Bail-In of EEA Financial Institutions</B>. 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 EEA Financial
Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion
powers of an EEA 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; text-align: justify; text-indent: 1in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising hereunder which may
be payable to it by any party hereto that is an EEA 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; text-align: justify; text-indent: 1in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
effects of any Bail-In Action on any such liability, including, if applicable:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
reduction in full or in part or cancellation of any such liability;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its
parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments
of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other 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"></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: 1.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of any EEA Resolution
Authority.</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"></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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: red"><I><STRIKE>IN WITNESS
WHEREOF, </STRIKE></I><STRIKE>the parties hereto have caused this Agreement to be duly executed by their respective 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><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><B><STRIKE>BORROWER:</STRIKE></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</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 COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>LANDS&rsquo; END,&nbsp;INC.,
    as Borrower</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>_________________________________</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>&nbsp;</TD>
    <TD><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>&nbsp;</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: center; color: red"><STRIKE>[Signature Page&nbsp;to Credit
Agreement]</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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    <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><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><B><STRIKE>FORTRESS CREDIT CORP.,</STRIKE></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>as Agent</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>By:</STRIKE></FONT></TD>
    <TD STYLE="width: 47%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>________________________________</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>&nbsp;</TD>
    <TD><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>&nbsp;</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; text-align: center; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: red"><STRIKE>[Signature Page&nbsp;to Credit
Agreement]</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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    <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: center; color: red"><B><U><STRIKE>SCHEDULE 6.15</STRIKE></U></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; color: red"><B><U><STRIKE>Post-Closing Actions
Relating to Collateral</STRIKE></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; text-indent: 1in; color: red"><STRIKE>(A)&nbsp;Within
sixty (60) days after the Closing Date, or such later date as the Agent may agree in its sole discretion, the Agent shall have received:</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(i)<B>&nbsp;Mortgages.
</B>One or more counterparts of fee Mortgages for each US Mortgaged Property, duly executed and acknowledged by the holder of such fee
interest in such US Mortgaged Property, in favor of the Agent for its benefit and the benefit of the Credit Parties, in proper form for
recording in the land records in the jurisdiction in which such US Mortgaged Property is located (the &ldquo;</STRIKE><U><STRIKE>Land
Records</STRIKE></U><STRIKE>&rdquo;), in form and substance reasonably satisfactory to the Agent and sufficient to create a valid and
enforceable first priority mortgage lien on such US Mortgaged Property in favor of the Agent for its benefit and the benefit of the Credit
Parties, securing the Obligations, subject only to Permitted Encumbrances, together with evidence that a counterpart of such Mortgage
for such US Mortgaged Property has been delivered to the Title Company (as hereinafter defined) for recording in the Land Records.</STRIKE></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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(ii)&nbsp;<B>Title
Insurance</B>. A lender&rsquo;s policy of title insurance (or commitment to issue such a policy having the effect of a policy of title
insurance) issued by a nationally recognized title insurance company reasonably acceptable to the Agent (the &ldquo;</STRIKE><U><STRIKE>Title
Company</STRIKE></U><STRIKE>&rdquo;) insuring (or committing to insure) the lien of the applicable Mortgage as valid and enforceable
first priority mortgage lien on the US Mortgaged Property described therein (each, a &ldquo;</STRIKE><U><STRIKE>Title Policy</STRIKE></U><STRIKE>&rdquo;)
which insures the Agent that such Mortgage for such US Mortgaged Property creates a valid and enforceable first priority mortgage lien
on such US Mortgaged Property, in an amount not less than the fair market value of such US Mortgaged Property as reasonably determined,
in good faith, by the Borrower and reasonably acceptable to the Agent (it being agreed that in lieu of any current appraisal, a current
real property tax assessment may be used for such purpose), free and clear of all defects and encumbrances except Permitted Encumbrances,
together with such endorsements (or in the case of zoning, zoning reports from a nationally recognized provider) as the Agent reasonably
requests (or where such endorsements are not available, opinions of special counsel, architects or other professionals reasonably acceptable
to the Agent), including, without limitation, to the extent available at commercially reasonably rates, a &ldquo;tie-in&rdquo; or &ldquo;cluster&rdquo;
endorsement, if available under applicable law (<I>i.e</I>., policies which insure against losses regardless of location or allocated
value of the insured property up to a stated maximum coverage amount), endorsements on matters relating to usury, first loss, last dollar,
zoning, contiguity, future advances, doing business, non-imputation, public road access, survey, variable rate, environmental lien, subdivision,
separate tax lot revolving credit, so-called comprehensive coverage over covenants and restrictions and for any and all other matters
that the Agent may reasonably request. Such Title Policy shall not include an exception for mechanics&rsquo; liens, and shall provide
for affirmative insurance and such reinsurance (including direct access agreements) as the Agent may reasonably request.</STRIKE></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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(iii)&nbsp;<B>Consents</B>.&nbsp;With
respect to each US Mortgaged Property, such consents, approvals, amendments, supplements, estoppels, tenant subordination agreements
or other instruments as the Agent shall reasonably request; </STRIKE><U><STRIKE>provided</STRIKE></U><STRIKE>, that this clause (iii)&nbsp;shall
be deemed satisfied if the Borrower shall have used commercially reasonable efforts to obtain any such consents, approvals, amendments,
supplements, estoppels, tenant subordination agreements or other instruments from any Person other than a Subsidiary of the Borrower,
notwithstanding that such Person may not have delivered any such consents, approvals, amendments, supplements, estoppels, tenant subordination
agreements or other instruments.</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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    <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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(iv)&nbsp;<B>Survey.</B>&nbsp;A
survey of each US Mortgaged Property, which<FONT STYLE="color: Red">, for the avoidance of doubt,&nbsp;</FONT>can be an existing survey
accompanied by an officer&rsquo;s certificate stating that there have been no material changes to such US Mortgaged Property since the
date of the survey, so long as such new survey or existing survey with certificate of no material change is in such form as shall (x)&nbsp;be
required by the Title Company to issue the so-called comprehensive and other survey-related endorsements and to remove the standard survey
exceptions from the Title Policy with respect to such US Mortgaged Property and (y)&nbsp;comply with the minimum detail requirements
of the American Land Title Association and as shall be reasonably requested by the Agent, which survey shall locate all improvements,
public streets and recorded easements affecting such US Mortgaged Property.</STRIKE></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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(v)&nbsp;<B>Fixture
Filings</B>.&nbsp;Proper fixture filings under the Uniform Commercial Code on Form&nbsp;UCC-1 for filing under the Uniform Commercial
Code in the appropriate jurisdiction in which the Mortgaged Properties are located, necessary desirable to perfect the security interests
in fixtures purported to be created by the Mortgages in favor of the Agent for its benefit and the benefit of the Credit Parties; </STRIKE><U><STRIKE>provided</STRIKE></U><STRIKE>,
</STRIKE><U><STRIKE>however</STRIKE></U><STRIKE>, that to the extent local counsel opines that any Mortgage of US Mortgaged Property
would constitute a valid and effective fixture filing in the jurisdiction in which the applicable Mortgaged Property is located, in form
and substance reasonably satisfactory to the Agent, a fixture filing on Form&nbsp;UCC-1 shall not be required with respect to such US
Mortgaged Property.</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(vi)&nbsp;<B>Counsel
Opinions</B>.&nbsp;Opinions addressed to the Agent for its benefit and for the benefit of the Credit Parties of (i)&nbsp;local counsel
in each jurisdiction where the US Mortgaged Property is located (A)&nbsp;with respect to the enforceability and perfection of the Mortgage
of such US Mortgaged Property and (B)&nbsp;if and to the extent such local counsel usually and customarily provides such opinions, with
respect to the sufficiency of the Mortgage of such US Mortgaged Property as a fixture filing, the applicability of Mortgage of such US
Mortgaged Property recording, stamp or documentary taxes, and the applicability of any usury laws of the jurisdiction, and (ii)&nbsp;counsel
for the Borrower regarding due authorization, execution and delivery of the Mortgages of such US Mortgaged Property, in each case, in
form and substance reasonably satisfactory to the Agent.</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(vii)&nbsp;<B>Flood
Hazard Determinations</B>.&nbsp;With respect to each US Mortgaged Property, a &ldquo;Life-of Loan&rdquo; Federal Emergency Management
Agency Standard Flood Hazard Determination (together with any required notice about special flood hazard area status and flood disaster
assistance duly executed by the applicable Loan Party relating thereto) and, if the area in which any improvements located on any US
Mortgaged Property is designated a &ldquo;flood hazard area&rdquo; in any Flood Insurance Rate Map published by the Federal Emergency
Management Agency (or any successor agency), evidence of flood insurance, in favor of the Agent for its benefit and the benefit of the
Credit Parties in an amount that would be considered sufficient under the Flood Insurance Laws and otherwise in form and substance reasonably
satisfactory to the Agent (any such flood determinations to be ordered by the Agent, with reimbursement of any costs from the Borrower).</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(viii)<B>&nbsp;Real
Estate Collateral Fees and Expenses</B>.&nbsp;Evidence reasonably satisfactory to the Agent of payment by the Borrower of all Title Policy
premiums, search and examination charges, escrow charges and related charges, mortgage recording taxes, fees, charges, costs and expenses
required for the recording of the Mortgages of US Mortgaged Property, fixture filings and other documents and issuance of the Title Policies
and endorsements contemplated by </STRIKE><U><STRIKE>clause (ii)</STRIKE></U><STRIKE>&nbsp;above.</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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    <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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(ix)&nbsp;<B>Control
Agreements.&nbsp;A Control Agreement (which, other than in the case of a Term Loan Priority Account, will grant a first priority Lien
in favor of the ABL Agent and a second priority Lien in favor of the Agent) with the account banks listed below with respect to the Accounts
listed below in form and substance reasonably satisfactory to the Agent:</B></STRIKE></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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(x)&nbsp;<B>Term
Loan Priority Account</B>.&nbsp;&nbsp;&nbsp;&nbsp;Borrower shall open a Term Loan Priority Account at a depository institution mutually
chosen by the Agent and the Borrower, together with a Control Agreement over such Term Loan Priority Account in form and substance reasonably
satisfactory to Agent.</STRIKE></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: 89%; border-collapse: collapse; margin-left: 1in">
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <TD STYLE="width: 32%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><B><U><STRIKE>Account
    Bank</STRIKE></U></B></FONT></TD>
    <TD STYLE="width: 41%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><B><U><STRIKE>Account
    Owner</STRIKE></U></B></FONT></TD>
    <TD STYLE="width: 27%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><B><U><STRIKE>Account
    Number</STRIKE></U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>BMO
    Harris Bank N.A.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>3179835</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>BMO
    Harris Bank N.A.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; 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; color: red"><STRIKE>3189537</STRIKE></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>BMO
    Harris Bank N.A.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>4659295</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>BMO
    Harris Bank N.A.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>22178871</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>Citizens
    Bank, National Association</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>1326430154</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>Citizens
    Bank, National Association</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>1330238459</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: navajowhite">
    <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"><FONT STYLE="color: red"><STRIKE>SunTrust
    Bank</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>Lands&rsquo;
    End,&nbsp;Inc.</STRIKE></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="color: red"><STRIKE>1000192072980</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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(xi)&nbsp;<B>Insurance
Certificates/Endorsements. </B>Insurance certificates and endorsements naming the Agent, for the benefit of the Lenders as additional
insured, mortgagee and lenders loss payee thereunder, as applicable, for each property and liability policy (including, without limitation,
general, umbrella, and blanket liability) required to be maintained by the Loan Parties pursuant to Section&nbsp;6.7 of the Credit Agreement,
in form and substance reasonably satisfactory to the Agent.</STRIKE></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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(xii)<B>&nbsp;Revised
Perfection Certificate</B>. A revised Perfection Certificate including, without limitation, updates to and completion of Schedules 1(e),
3 and 5 of the Perfection Certificate delivered on the Closing Date and updates with regards to the UK Guarantor, in form and substance
reasonably satisfactory to the Agent.</STRIKE></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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(xiii)&nbsp;<B>Pledged
Equity of Foreign Subsidiaries</B></STRIKE><U><STRIKE>. </STRIKE></U><STRIKE>One or more original certificates representing the Equity
Interests in Foreign Subsidiaries (to the extent represented by certificates) pledged pursuant to the Guaranty and Security Agreement,
accompanied by irrevocable proxies and undated stock powers (or equivalent transfer document) executed in blank (or as is customary in
the applicable jurisdiction), each in form and substance reasonably satisfactory to the Agent. The Loan Parties shall use commercially
reasonable efforts to certificate all Equity Interests in Lands&rsquo; End Japan KK.</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(xiv)<B>&nbsp;Non-U.S.
Intellectual Property</B>. Duly executed intellectual property security agreements or the equivalent thereof, as applicable, and any
other applicable filings or documentation, in each case as reasonably requested by Agent and necessary to perfect the Agent&rsquo;s security
interest in the Borrower&rsquo;s &ldquo;Lands&rsquo; End&rdquo; trademark registered in the United Kingdom.</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(xv)<B>&nbsp;Copyright
Ownership</B>. Evidence of filing of a change of ownership at the USCO from &ldquo;Lands&rsquo; End Yacht Stores,&nbsp;Inc.&rdquo; to
 &ldquo;Lands&rsquo; End,&nbsp;Inc.&rdquo; with respect to the copyright with the registered number TX0001750382.</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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                                            6.15-</STRIKE></P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: justify"><TD>&nbsp;</TD><TD STYLE="text-align: center"><FONT STYLE="color: blue"><U>-</U></FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><U>-</U></B></FONT></TD><TD>&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(xvi)<B>&nbsp;UK
Deliverables</B>. With respect to the UK Guarantor, the UK Guarantor shall have delivered or caused to be delivered the following to
the Agent in form and substance reasonably satisfactory to the Agent:</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(a)&nbsp;the
UK Security Agreements, which shall include a customary &ldquo;further assurances&rdquo; clause in form and substance reasonably satisfactory
to the Agent (including all customary deliverables thereunder and including, without limitation, a blank stock transfer form and share
certificate in respect of the shares in the UK Guarantor);</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(b)&nbsp;a
written opinion (addressed to the Agent and the Lenders) from legal counsel to the Borrower, covering English and Welsh law authority
and capacity;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(c)&nbsp;a
written opinion (addressed to the Agent and the Lenders) from legal counsel to the Agent, covering English and Welsh law authority, capacity
and enforceability;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(d)&nbsp;a
certificate of a director of the UK Guarantor including attachments and certifying:</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 2.5in; text-align: justify; text-indent: -0.25in; color: red"><STRIKE>i.
a copy of each Organization Document of the UK Guarantor and, to the extent applicable, as being in full force and effect without modification
or amendment as of the date of the certificate;</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 2.5in; text-align: justify; text-indent: -0.25in; color: red"><STRIKE>ii.
resolutions of the board of directors and shareholders of the UK Guarantor approving and authorizing the execution, delivery and performance
of the UK Security Agreements to which the UK Guarantor is a party, certified as of the date of such certificate by the UK Guarantor
as being in full force and effect without modification or amendment; and</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 2.5in; text-align: justify; text-indent: -0.25in; color: red"><STRIKE>iii.
a specimen of the signature of each person authorized by the resolution referred into in clause (ii)&nbsp;above in relation to the UK
Security Agreements;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(e)&nbsp;evidence
that any security interest affecting the UK Guarantor&rsquo;s title to the UK Property (other than Permitted Encumbrances) has been,
or will be, discharged by the date of the UK Mortgage;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(f)&nbsp;an
 &ldquo;</STRIKE><U><STRIKE>Acceptable Undertaking</STRIKE></U><STRIKE>&rdquo; (being an undertaking addressed to and in a form acceptable
to the Agent, acting reasonably, and from a firm of solicitors regulated by the Solicitors Regulation Authority) to hold all title documents
received from the UK Guarantor relating to the relevant UK Guarantor&rsquo;s interest in the UK Property to the order of the Agent;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(g)&nbsp;the
results of HM Land Registry searches in favor of the administrative agent and the collateral agent on the appropriate forms against the
registered title comprising the UK Guarantor&rsquo;s interest in the UK Property and giving not less than 20 Business Days' priority
beyond the proposed date of the UK Mortgage and showing no adverse entries;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(h)&nbsp;[reserved];</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(i)&nbsp;all
UK Land Registry application forms necessary in relation to the grant of the UK Mortgage, duly completed and accompanied by payment of
the applicable UK Land Registry fees and an Acceptable Undertaking to (i)&nbsp;use reasonable endeavors to satisfy any requisitions raised
by the UK Land Registry in connection with the application to register the UK Mortgage against the UK Property and (ii)&nbsp;register
the same at the UK Land Registry;</STRIKE></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"></P>

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                                            6.15-</STRIKE></P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: justify"><TD>&nbsp;</TD><TD STYLE="text-align: center"><FONT STYLE="color: blue"><U>-</U></FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><U>-</U></B></FONT></TD><TD>&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: red"><STRIKE>(j)&nbsp;copies
of all authorizations required in connection with the grant of the UK Mortgage;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(k)&nbsp;evidence
(if reasonably available) that all Stamp Duty Land Tax has been paid on the transfer of the UK Property to the UK Guarantor;</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(l)&nbsp;a
New York law governed guaranty substantially consistent in form and substance with the guarantee provisions set forth in the Guaranty
and Security Agreement and otherwise reasonably acceptable to the Agent and Borrower; and</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-align: justify; text-indent: 0.5in; color: red"><STRIKE>(m)&nbsp;a
UCC-1 financing statement to be filed against the UK Guarantor in the District of Columbia.</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: 0.5in; color: red"><STRIKE>(B)&nbsp;Within
ten (10)&nbsp;Business Days after the Closing Date, or such later date as the Agent may agree in its sole discretion, the Agent shall
have received (a)&nbsp;one or more original certificates representing the Equity Interests pledged pursuant to the Guaranty and Security
Agreement in each of Lands&rsquo; End International,&nbsp;Inc., Lands&rsquo; End Direct Merchants,&nbsp;Inc. and Lands&rsquo; End Japan,&nbsp;Inc.
and (b)&nbsp;the original Intercompany Note fully executed by the Borrower and each of its Subsidiaries (provided, that, notwithstanding
the foregoing, (i)&nbsp;Lands&rsquo; End (HK) Limited shall not execute the Intercompany Note unless the Adverse Consequence Condition
has not been met and (ii)&nbsp;the Foreign Subsidiaries shall have sixty (60) days after the Closing Date (or such later date as the
Agent may agree in its sole discretion) to executed and deliver the Intercompany Note and the accompanying documentation contemplated
by this clause (b)), in each case, accompanied by irrevocable proxies, undated stock powers or note endorsements (as applicable) executed
in blank and in form and substance reasonably satisfactory to the Agent.</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: 0.5in; color: red"><STRIKE>(C)&nbsp;Within
ten (10)&nbsp;days after the Closing Date, or such later date as the Agent may agree in its sole discretion, the Agent shall have received
the original Notes executed in connection with the Loans incurred on the Closing Date in form and substance reasonably satisfactory to
the Agent.</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: 0.5in; color: red"><STRIKE>(D)&nbsp;Within
six (6)&nbsp;months after the Closing Date, or such later date as the Agent may agree in its sole discretion, if the Adverse Consequence
Condition (as defined in the Guaranty and Security Agreement) has not been met in accordance with the Guaranty and Security Agreement,
the Agent shall have received one or more original certificates representing all of the Equity Interests of Lands&rsquo; End (HK) Limited,
accompanied by irrevocable proxies and undated stock powers (or equivalent transfer document) executed in blank (or as is customary in
the applicable jurisdiction) and in form and substance reasonably satisfactory to the Agent.</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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                                            6.15-</STRIKE></P></TD><TD STYLE="width: 33%">&nbsp;</TD></TR><TR STYLE="vertical-align: top; text-align: justify"><TD>&nbsp;</TD><TD STYLE="text-align: center"><FONT STYLE="color: blue"><U>-</U></FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><U>-</U></B></FONT></TD><TD>&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></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>

<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: right"><B><U>Annex B</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"><B>Amended and Restated Exhibit&nbsp;A to Credit
Agreement</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>

<!-- Field: Page; Sequence: 157 -->
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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: center"><B>EXHIBIT&nbsp;A</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&nbsp;OF COMMITTED LOAN NOTICE</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: right">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-align: justify"><FONT STYLE="font-size: 10pt">To:</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Fortress
Credit Corp., as Agent</FONT></P>

<P STYLE="font: 10pt 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">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: 0.5in">Reference is made to the
Term Loan Credit Agreement dated as of September&nbsp;9, 2020 (as amended, restated, amended and restated, modified or supplemented hereafter,
the &ldquo;<B>Credit Agreement</B>&rdquo;) by and among (i)&nbsp;<B>Lands&rsquo; End,&nbsp;Inc.</B>, a Delaware corporation (the &ldquo;<B>Borrower</B>&rdquo;),
(ii)&nbsp;Fortress Credit Corp., as administrative agent and collateral agent (in such capacities, the &ldquo;<B>Agent</B>&rdquo;) for
the benefit of the Credit Parties referred to therein and (iii)&nbsp;the lenders from time to time party thereto (individually, a &ldquo;<B>Lender</B>&rdquo;
and, collectively, the &ldquo;<B>Lenders</B>&rdquo;). All capitalized terms used herein and not otherwise defined shall have the same
meaning herein as in the Credit Agreement.</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"></TD><TD STYLE="width: 0.5in"><B>1.</B></TD><TD STYLE="text-align: justify">The Borrower hereby requests [a Borrowing][a
                                            Conversion of Loans from one Type to the other][a continuation of SOFR Loans]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>1</SUP></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"><B>(a)</B></TD><TD STYLE="text-align: justify">On ____________________ (a [U.S
                                            Government Securities] Business Day)<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>2</SUP></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"><B>(b)</B></TD><TD STYLE="text-align: justify">In the principal amount of $_______________<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>3</SUP></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"><B>(c)</B></TD><TD STYLE="text-align: justify">Comprised of a [Base Rate Loan][SOFR
                                            Loan]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>4</SUP></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"><B>(d)</B></TD><TD STYLE="text-align: justify">For SOFR Loans: with an Interest
                                            Period of ________ month(s)<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>5</SUP></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>

<!-- 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"></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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT></TD><TD STYLE="text-align: justify">A Borrowing must be a borrowing consisting of simultaneous
Loans of the same Type and, in the case of SOFR Loans, must have the same Interest Period.</TD>
</TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" 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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>2</SUP></FONT></TD><TD STYLE="text-align: justify">Each notice of a Borrowing, Conversion of Loans from one
Type to the other, or a continuation of SOFR Loans must be received by the Agent not later than (i) 12:00 p.m. three (3) Business Days
prior to the requested date of any Borrowing of SOFR Loans, and (ii) 12:00 p.m. three (3) Business Days prior to the requested date of
any Borrowing of Base Rate Loans.</TD>
</TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" 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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>3</SUP></FONT></TD><TD STYLE="text-align: justify">Each Borrowing, Conversion to, or continuation of SOFR Loans
must be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Each Borrowing of or Conversion to Base
Rate Loans must be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof.</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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>4</SUP></FONT></TD><TD STYLE="text-align: justify">Loans may be either Base Rate Loans or SOFR Loans. If the
Type of Loan is not specified, then the applicable Loans will be made as Base Rate Loans.</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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>5</SUP></FONT></TD><TD STYLE="text-align: justify">The Borrower may request a Borrowing of SOFR Loans with an
Interest Period of one, three or six months. If no election of Interest Period is specified, then the Borrower will be deemed to have
specified an Interest Period of one month.</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>

<!-- Field: Page; Sequence: 158 -->
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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" 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"></TD><TD STYLE="width: 0.5in">[<B>2.</B></TD><TD STYLE="text-align: justify">Please wire transfer the proceeds of
                                            the Loan[s] to the following account and financial institution:</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 0pt 1in; text-align: justify; text-indent: -0.5in">Bank Name: [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 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">Bank Address: [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 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">Account Name: [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 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">Account No.: [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 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">ABA No.: [&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</P>

<P STYLE="font: 10pt Times New 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="font-size: 10pt">Attention: [</FONT><U>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><FONT STYLE="font-size: 10pt">]]
<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>6</SUP></FONT></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"></TD><TD STYLE="width: 0.5in"><B>[3.]</B></TD><TD STYLE="text-align: justify">The Borrower hereby represents and
                                            warrants that [(a)] the Borrowing requested herein complies with Sections 2.2(b)&nbsp;and
                                            2.2(g)&nbsp;of the Credit Agreement[, and (b)&nbsp;as to Borrowings requested on the Closing
                                            Date only, the conditions specified in Section&nbsp;4.1 of the Credit Agreement have been
                                            satisfied (or waived) on and as of the Closing Date.]<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>7</SUP></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: center"><I>[Signature Page&nbsp;Follows]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</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"></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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>6</SUP></FONT></TD><TD STYLE="text-align: justify">To be included in the Committed Loan Notice on the Closing
Date only.</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: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>7</SUP></FONT></TD><TD STYLE="text-align: justify">To be included in the Committed Loan Notice on the Closing
Date only.</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-indent: 0.5in">The Borrower has caused this Committed Loan Notice
to be executed and delivered as of the date first written above.</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"><B>LANDS&rsquo; END,&nbsp;INC.</B></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><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
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    <TD>&nbsp;</TD>
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  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>5
<FILENAME>le-20230622_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.23.2</span><table class="report" border="0" cellspacing="2" id="idm140046847876592">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Jun. 22, 2023</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun. 22,  2023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-09769<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">LANDS'
END, INC.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000799288<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">36-2512786<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1 Lands&#8217; End Lane<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Dodgeville<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">WI<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">53595<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">608<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">935-9341<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, par value $0.01 per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">LE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</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="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
