<SEC-DOCUMENT>0001104659-23-018563.txt : 20230210
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<ACCEPTANCE-DATETIME>20230210162041
ACCESSION NUMBER:		0001104659-23-018563
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20230210
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20230210
DATE AS OF CHANGE:		20230210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN STREET PROPERTIES CORP /MA/
		CENTRAL INDEX KEY:			0001031316
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				042724223
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32470
		FILM NUMBER:		23612243

	BUSINESS ADDRESS:	
		STREET 1:		401 EDGEWATER PLACE
		STREET 2:		STE 200
		CITY:			WAKEFIELD
		STATE:			MA
		ZIP:			01880
		BUSINESS PHONE:		7815571300

	MAIL ADDRESS:	
		STREET 1:		401 EDGEWATER PLACE
		STREET 2:		STE 200
		CITY:			WAKEFIELD
		STATE:			MA
		ZIP:			01880

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRANKLIN STREET PARTNERS LP
		DATE OF NAME CHANGE:	20010301
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<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: rgb(0, 0, 0)"><span style="font-size: 12pt">UNITED
STATES</span></p>

<p style="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: rgb(0, 0, 0)"><span style="font-size: 12pt">SECURITIES
AND EXCHANGE COMMISSION</span></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-align: center"><span style="font-size: 12pt">Washington,
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: rgb(0, 0, 0)"><span style="font-size: 10pt"><b>CURRENT
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<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: rgb(0, 0, 0)"><span style="font-size: 10pt"><b>Pursuant
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-align: center"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-align: center">(Exact name of registrant
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<td style="text-align: center">(Address of principal executive offices)</td><td style="text-align: center">&#160;</td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: rgb(0, 0, 0)">Registrant&#8217;s telephone
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: rgb(0, 0, 0)"><b></b></p>

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

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-align: center">(Former name or former address,
if changed since last report.)</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: rgb(0, 0, 0)">Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<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>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0)"><span id="xdx_908_edei--WrittenCommunications_c20230210__20230210_zt2CvCx9Sj2e" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-02-10to2023-02-10" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span>&#160;<span style="font-family: Times New Roman, Times, Serif; color: rgb(0, 0, 0)">&#160;&#160;&#160;Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</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; color: rgb(0, 0, 0)"><span id="xdx_901_edei--SolicitingMaterial_c20230210__20230210_z4HrcjpmdBLh" style="font-family: Wingdings"><ix:nonNumeric contextRef="From2023-02-10to2023-02-10" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span>&#160;<span style="font-family: Times New Roman, Times, Serif; color: rgb(0, 0, 0)">&#160;&#160;&#160;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0)"><span style="font-family: Wingdings"><span id="xdx_90C_edei--PreCommencementTenderOffer_c20230210__20230210_z4FAm6IcrqEb"><ix:nonNumeric contextRef="From2023-02-10to2023-02-10" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span>&#160;&#160;&#160;&#160;<span style="font-family: Times New Roman, Times, Serif; color: rgb(0, 0, 0)">Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Wingdings"><span id="xdx_909_edei--PreCommencementIssuerTenderOffer_c20230210__20230210_zIh5Dq7qyaEb"><ix:nonNumeric contextRef="From2023-02-10to2023-02-10" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span>&#160;&#160;&#160;&#160;<span style="font-family: Times New Roman, Times, Serif; color: rgb(0, 0, 0)">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></p>

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

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

<p style="margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(0, 0, 0); text-align: left">Emerging growth company <span style="font-family: Wingdings"><span id="xdx_909_edei--EntityEmergingGrowthCompany_c20230210__20230210_zLCv4HETkTYh"><ix:nonNumeric contextRef="From2023-02-10to2023-02-10" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></p>

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

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

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>ITEM 1.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Entry into a Material Definitive Agreement.</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"><span style="text-decoration: underline">BofA Revolver</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On February&#160;10, 2023,
Franklin Street Properties Corp. (the &#8220;Company&#8221;) entered into a First Amendment to Credit Agreement (the &#8220;BofA First
Amendment&#8221;) with Bank of America, N.A., as administrative agent, a letter of credit issuer and a lender, and the other lending institutions
party thereto to amend its existing revolving line of credit (as amended by the BofA First Amendment, the &#8220;BofA Revolver&#8221;).
The BofA First Amendment amended the Credit Agreement dated January&#160;10, 2022 among the Company and the lending institutions party
thereto (the &#8220;Original BofA Credit Agreement&#8221;) to, among other things, (i)&#160;extend the maturity date from January&#160;12,
2024 to October&#160;1, 2024, (ii)&#160;reduce availability for borrowings, at the Company&#8217;s election, from up to $237.5 million
to up to $150 million, and (iii)&#160;change the interest rate from a number of basis points over the Secured Overnight Financing Rate
(&#8220;SOFR&#8221;) depending on the Company&#8217;s credit rating under the Original BofA Credit Agreement to 300 basis points over
SOFR. Effective October&#160;1, 2023, availability under the BofA Revolver will be reduced to $125 million and, effective April&#160;1,
2024, availability will be further reduced to $100 million. As of February&#160;10, 2023, there were borrowings of $105 million drawn
and outstanding under the BofA Revolver, including a $40 million borrowing that the Company made on February&#160;10, 2023 to repay a
portion of the BMO Term Loan (defined below). As a result of entering into the BofA First Amendment, on February&#160;10, 2023, the Company
incurred a loss on extinguishment of debt of $0.4 million related to unamortized deferred financing costs.</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; background-color: white">Borrowings
under the BofA Revolver bear interest at 300 basis points over either (i)&#160;the daily simple SOFR, plus an adjustment of 0.11448%,
or (ii)&#160;one, three or six month term SOFR, plus a corresponding adjustment of 0.11448%, 0.26161% or 0.42826%, respectively. In addition,
under certain circumstances, such as if SOFR is not able to be determined, the BofA Revolver will instead bear interest at 200 basis points
over the base rate. The Company is also obligated to pay an annual facility commitment fee on the unused portion of the BofA Revolver
at the rate of 0.35% per annum and, if applicable, letter of credit fees.</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">Base rate means, for any day,
a fluctuating rate per annum equal to the highest of: (i)&#160;the rate of interest in effect for such day as publicly announced from
time to time by the administrative agent as its &#8220;prime rate&#8221;, (ii)&#160;the Federal Funds Rate plus 1/2 of 1% (0.50%), (iii)&#160;term
SOFR for one month plus 1.00% and (iv)&#160;1.00%. If the base rate is being used because SOFR is not able to be determined, base rate
is the greater of clauses (i), (ii)&#160;and (iv).</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">The BofA First Amendment modified
certain existing, and added certain new, affirmative and negative covenants, including with regard to cross defaults, indebtedness, liens,
investments, acquisitions, use of proceeds, the amount of cash and cash equivalents that the Company can have on its balance sheet after
giving effect to an advance under the BofA Revolver, and repurchases and redemptions of the Company&#8217;s common stock. The BofA First
Amendment also  added a new maximum secured recourse leverage ratio. The BofA First Amendment
restricts the Company&#8217;s ability to make quarterly dividend distributions that exceed $0.01 per share of the Company&#8217;s common
stock; provided, however, that notwithstanding such restriction, the Company is permitted to make dividend distributions based on the
Company&#8217;s good faith estimate of projected or estimated taxable income or otherwise as necessary to retain the Company&#8217;s status
as a real estate investment trust, to meet the distribution requirements of Section&#160;857 of the Internal Revenue Code or to eliminate
any income or excise taxes to which the Company would otherwise be subject.</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">The BofA First Amendment allows
the Company to use the net proceeds of the BofA Revolver for permitted investments and for working capital and other general business
purposes, including for building improvements, tenant improvements and leasing commissions, in each case to the extent permitted under
the BofA First Amendment.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Certain of the lenders party
to the BofA First Amendment, and their respective affiliates, have performed, and may in the future perform for the Company and its subsidiaries,
various commercial banking, investment banking, underwriting and other financial advisory services, for which they have received, and
will receive, customary fees and expenses.</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">The BofA First Amendment is
attached to this Current Report on Form&#160;8-K as Exhibit&#160;10.1. The foregoing summary of the BofA First Amendment is qualified
in its entirety by the complete text of the BofA First Amendment.</p>

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

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

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration: underline">BMO Term Loan</span></p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On February&#160;10, 2023,
the Company entered into a First Amendment to Second Amended and Restated Credit Agreement (the &#8220;BMO First Amendment&#8221;) with
Bank of Montreal, as administrative agent, and the other lending institutions party thereto to amend its existing term loan (as amended
by the BMO First Amendment, the &#8220;BMO Term Loan&#8221;). The BMO First Amendment amended the Second Amended and Restated Credit Agreement
dated September&#160;27, 2018 among the Company and the lending institutions party thereto (the &#8220;Original BMO Credit Agreement&#8221;)
to, among other things, (i)&#160;extend the maturity date from January&#160;31, 2024 to October&#160;1, 2024 and (ii)&#160;change the
interest rate from a number of basis points over LIBOR depending on the Company&#8217;s credit rating under the Original BMO Credit Agreement
to 300 basis points over SOFR. The BMO Term Loan was initially for an unsecured term loan borrowing in the amount of $220 million, of
which $125 million remains outstanding. The BMO Term Loan initially consisted of a $55 million tranche A term loan and a $165 million
tranche B term loan. On June&#160;4, 2021, the Company repaid the tranche A term loan that was scheduled to mature on November&#160;30,
2021, and incurred a loss on extinguishment of debt of $0.1 million related to unamortized deferred financing costs. On February&#160;10,
2023, as part of the BMO First Amendment, the Company repaid a $40 million portion of the $165 million tranche B term loan, so that $125
million remains outstanding. On or before April&#160;1, 2024, the Company is required to repay an additional $25 million of the BMO Term
Loan. The tranche B term loan matures on October&#160;1, 2024.</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 BMO First
Amendment, the BMO Term Loan bears interest at either (i)&#160;300 basis points over one, three or six month term SOFR, plus a corresponding
adjustment of 0.11448%, 0.26161% or 0.42826%, respectively, or (ii)&#160;200 basis points over the base rate. Base rate means, for any
day, a fluctuating rate per annum equal to the highest of: (i)&#160;the rate of interest in effect for such day as publicly announced
from time to time by the administrative agent as its &#8220;prime commercial rate&#8221;, (ii)&#160;the Federal Funds Rate plus 1/2 of
1% (0.50%), (iii)&#160;term SOFR for one month plus 1.00% and (iv)&#160;1.00%. If the base rate is being used because SOFR is not able
to be determined, base rate is the greater of clauses (i)&#160;and, (ii)&#160;and (iv).</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">Prior to the effectiveness of the BMO First Amendment,
in 2019, the Company fixed the base LIBOR interest rate that previously applied to the BMO Term Loan by entering into interest rate swap
transactions. On February&#160;8, 2023, the Company terminated all remaining interest rate swaps applicable to the BMO Term Loan and,
on February&#160;10, 2023, the Company received an aggregate of approximately $4.3 million as a result of such terminations.</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">The BMO First Amendment modified
certain existing, and added certain new, affirmative and negative covenants, including with regard to cross defaults, indebtedness, liens,
investments, acquisitions, use of proceeds, and repurchases and redemptions of the Company&#8217;s common stock. The BMO First Amendment
also reset the tangible net worth covenant and added a new maximum secured recourse leverage ratio. The BMO First Amendment restricts
the Company&#8217;s ability to make quarterly dividend distributions that exceed $0.01 per share of the Company&#8217;s common stock;
provided, however, that notwithstanding such restriction, the Company is permitted to make dividend distributions based on the Company&#8217;s
good faith estimate of projected or estimated taxable income or otherwise as necessary to retain the Company&#8217;s status as a real
estate investment trust, to meet the distribution requirements of Section&#160;857 of the Internal Revenue Code or to eliminate any income
or excise taxes to which the Company would otherwise be subject.</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">Certain of the lenders party
to the BMO First Amendment, and their respective affiliates, have performed, and may in the future perform for the Company and its subsidiaries,
various commercial banking, investment banking, underwriting and other financial advisory services, for which they have received, and
will receive, customary fees and expenses.</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">The BMO First Amendment is
attached to this Current Report on Form&#160;8-K as Exhibit&#160;10.2. The foregoing summary of the BMO First Amendment is qualified in
its entirety by the complete text of the BMO First Amendment.</p>

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

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

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>ITEM&#160;2.03.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a Registrant.</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">The information under Item&#160;1.01
of this Current Report on Form&#160;8-K is incorporated into this Item&#160;2.03 by reference.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>ITEM 8.01. &#160;&#160;&#160;&#160;&#160;&#160;&#160;Other Events.</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">The information under Item&#160;1.01
of this Current Report on Form&#160;8-K is incorporated into this Item&#160;8.01 by reference.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Effective February&#160;10,
2023, upon entering into the BofA First Amendment and the BMO First Amendment, the Company&#8217;s Board of Directors (the &#8220;Board&#8221;)
approved discontinuing repurchases of shares of its common stock, par value $0.0001 per share, made pursuant to the stock repurchase program
previously authorized by the Board on June&#160;23, 2021 for repurchases from time to time up to an aggregate of $50,000,000 of common
stock in open market or in privately negotiated transactions. The Company intends to use the proceeds of property dispositions primarily
for the repayment of debt.</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"><b>ITEM 9.01. &#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</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">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits.</p>

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The following exhibits are
filed herewith:</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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline">EXHIBIT&#160;NO.</span></b></span><b>&#9;&#160;&#160;&#160;&#160;&#160;&#9;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<span style="text-decoration: underline">DESCRIPTION
OF EXHIBITS</span></b></p>

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

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <tr style="vertical-align: top">
    <td style="width: 0.25in">&#160;</td>
    <td style="width: 1.25in"><a href="tm236218d1_ex10-1.htm">10.1</a></td>
    <td style="text-align: justify"><a href="tm236218d1_ex10-1.htm">First Amendment to Credit Agreement, dated February&#160;10, 2023, among Franklin Street Properties Corp., Bank of America, N.A., and the other parties thereto.</a></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <tr style="vertical-align: top">
    <td style="width: 0.25in">&#160;</td>
    <td style="width: 1.25in"><a href="tm236218d1_ex10-2.htm">10.2</a></td>
    <td style="text-align: justify"><a href="tm236218d1_ex10-2.htm">First Amendment to Second Amended and Restated Credit Agreement, dated February&#160;10, 2023, among Franklin Street Properties Corp., Bank of Montreal, and the other parties thereto.</a></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
  <tr style="vertical-align: top">
    <td style="width: 0.25in">&#160;</td>
    <td style="width: 1.25in">104</td>
    <td style="text-align: justify">Cover Page&#160;Interactive Data File (embedded within the Inline XBRL document)</td></tr>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

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

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

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

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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 cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <tr style="vertical-align: bottom">
    <td style="font-size: 10pt">&#160;</td>
    <td colspan="2" style="font-size: 10pt">FRANKLIN STREET PROPERTIES CORP.</td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="font-size: 10pt">&#160;</td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 10pt; width: 50%">&#160;</td>
    <td style="font-size: 10pt; width: 3%">By:</td>
    <td style="border-bottom: Black 1pt solid; font-size: 10pt; width: 47%">/s/ Scott H. Carter</td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 10pt">&#160;</td>
    <td style="font-size: 10pt">&#160;</td>
    <td style="font-size: 10pt">Scott H. Carter</td></tr>
  <tr style="vertical-align: bottom">
    <td style="font-size: 10pt">&#160;</td>
    <td style="font-size: 10pt">&#160;</td>
    <td style="font-size: 10pt">Executive Vice President, General Counsel and Secretary</td></tr>
  <tr style="vertical-align: bottom">
    <td colspan="3" style="font-size: 10pt">&#160;</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: February&#160;10, 2023</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"></p>

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

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

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

<P STYLE="margin: 0pt; text-align: right"><FONT><B><I>EXECUTION
VERSION</I></B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FIRST
</B></FONT><B>AMENDMENT TO <FONT STYLE="text-transform: uppercase">CREDIT</FONT> 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: right"></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">THIS
FIRST AMENDMENT TO CREDIT AGREEMENT (this &ldquo;<B><I>Amendment</I></B>&rdquo;) is entered into as of February&nbsp;10, 2023 (the &ldquo;<B><I>Effective
Date</I></B>&rdquo;), among </FONT><B>FRANKLIN STREET PROPERTIES CORP.</B>, a Maryland corporation (&ldquo;<B><I>Borrower</I></B>&rdquo;),
<B>BANK OF AMERICA, N.A.</B>, as Administrative Agent (in such capacity, &ldquo;<B><I>Administrative Agent</I></B>&rdquo;), the lenders
party to the Credit Agreement defined below (each, a &ldquo;<B><I>Lender</I></B>&rdquo; and collectively, the &ldquo;<B><I>Lenders</I></B>&rdquo;),
and the L/C issuers party to the Credit Agreement defined below (each an &ldquo;<B><I>L/C Issuer</I></B>&rdquo; and collectively, the
 &ldquo;<B><I>L/C Issuers</I></B>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>R E C I T A L S</B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT>Reference
is hereby made to that certain Credit Agreement dated as of January&nbsp;10, 2022 (as modified, amended, renewed, extended, or restated
from time to time, the &ldquo;<B><I>Credit Agreement</I></B>&rdquo;), executed by Borrower, the Lenders, the L/C Issuers and Administrative
Agent (Administrative Agent, L/C Issuers and Lenders are individually referred to herein as a &ldquo;<B><I>Credit Party</I></B>&rdquo;
and collectively referred to herein as the &ldquo;<B><I>Credit Parties</I></B>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT>Borrower
and each Credit Party hereto desires to modify certain provisions contained in the Credit Agreement, in each case subject to 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: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOW,
THEREFORE</B></FONT>, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Terms
and References</B>. Unless otherwise stated in this Amendment (a)&nbsp;terms defined in the Credit Agreement have the same meanings when
used in this Amendment, and (b)&nbsp;references to &ldquo;<I>Sections</I>&rdquo; are to the Credit Agreement&rsquo;s sections.</P>

<P STYLE="font: 10pt Times New Roman, 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; text-transform: uppercase; color: #010000"><B>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Amendments
to the Credit Agreement</B>. Effective as of the Effective Date:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The
Credit Agreement (but excluding the schedules and exhibits thereto, which shall remain in full force and effect, unless expressly amended
pursuant to this Amendment) 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; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>double-underlined text</U></FONT>) as set
forth in the pages&nbsp;of the Credit Agreement attached hereto as <B><I>Annex I</I></B> and any such term or provision of <B><I>Annex
I</I></B> which is different from that set forth in the Credit Agreement shall be replaced and superseded in all respects by the terms
and provisions of the Credit Agreement set forth on <B><I>Annex I</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><I>Schedule
2.01</I> to the Credit Agreement is hereby deleted in its entirety and replaced with <B><I>Schedule 2.01</I></B> attached hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><I>Exhibit&nbsp;A</I>
to the Credit Agreement is hereby deleted in its entirety and replaced with <B><I>Exhibit&nbsp;A</I></B> attached hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><I>Exhibit&nbsp;D</I>
to the Credit Agreement is hereby deleted in its entirety and replaced with <B><I>Exhibit&nbsp;D</I></B> attached hereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Amendments
to other Loan Documents</B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>All
references in the Loan Documents to the Credit Agreement shall henceforth include references to the Credit Agreement, as modified and
amended hereby, and as may, from time to time, be further amended, modified, extended, renewed, and/or increased.</P>

<P STYLE="font: 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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Any
and all of the terms and provisions of the Loan Documents are hereby amended and modified wherever necessary, even though not specifically
addressed herein, so as to conform to the amendments and modifications 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: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Conditions
Precedent</B>. This Amendment shall not be effective unless and until:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Administrative
Agent receives fully executed counterparts of this Amendment signed by Borrower and each of the Credit 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: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Borrower
shall have delivered, or caused to be delivered, to Administrative Agent, in each case, in form and substance satisfactory to Administrative
Agent:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>certificates
of resolutions or other action, incumbency certificates and/or other certificates of Responsible Officers of Borrower evidencing the identity,
authority and capacity of each Responsible Officer therein that is authorized to act as a Responsible Officer in connection with this
Amendment and the other Loan Documents;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>documents
and certifications to evidence that Borrower is validly existing and in good standing in the jurisdiction of Borrower&rsquo;s formation;</P>

<P STYLE="font: 10pt Times New 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; color: #010000">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
favorable opinion of Foley&nbsp;&amp; Lardner LLP, counsel to Borrower, addressed to the Credit Parties, as to the matters concerning
this Amendment and the Loan Documents (as amended by this Amendment) as Administrative Agent may 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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
certificate signed by a Responsible Officer certifying (A)&nbsp;that each Consolidated Party is in compliance in all material respects
with all existing contractual financial obligations except where the failure to comply would not reasonably be expected to have a Material
Adverse Effect, (B)&nbsp;all governmental, shareholder and third party consents and approvals necessary for Borrower to enter into this
Amendment and the other Loan Documents and perform thereunder, if any, have been obtained, except where the failure to obtain would not
reasonably be expected to have a Material Adverse Effect, (C)&nbsp;immediately after giving effect to this Amendment and all the transactions
contemplated herein to occur on the Effective Date, (1)&nbsp;to such Responsible Officer&rsquo;s knowledge, no Default or Event of Default
exists, (2)&nbsp;all representations and warranties contained in the Loan Documents are true and correct in all material respects (without
duplication of any materiality standards set forth therein) 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 as of such earlier date, and (II)&nbsp;that (x)&nbsp;the representations
and warranties contained in <B><I>subsections&nbsp;(a)</I></B>, <B><I>(b)</I></B>&nbsp;and&nbsp;<B><I>(c)</I></B>&nbsp;of <B><I>Section&nbsp;5.05</I></B>
of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to <B><I>clauses&nbsp;(a)</I></B>&nbsp;and&nbsp;<B><I>(b)</I></B>,
respectively, of <B><I>Section&nbsp;6.01</I></B> of the Credit Agreement, (y)&nbsp;the representations and warranties contained in <B><I>Section&nbsp;5.13(a)</I></B>&nbsp;of
the Credit Agreement shall be deemed to refer to the most recent update to <B><I>Schedule&nbsp;5.13(a)</I></B>&nbsp;to the Credit Agreement
furnished pursuant to <B><I>Section&nbsp;6.02(a)(ii)</I></B>&nbsp;of the Credit Agreement, and shall be true and correct in all material
respects as of the effective date of such update, and (z)&nbsp;the representations and warranties contained in the first and second sentences
of <B><I>Section&nbsp;5.21</I></B> of the Credit Agreement shall be deemed to refer to the most recent update to <B><I>Schedule&nbsp;5.21</I></B>
to the Credit Agreement furnished pursuant to <B><I>Section&nbsp;6.02(a)(i)</I></B>&nbsp;of the Credit Agreement, and shall be true and
correct in all material respects as of the effective date of such update, and; and (C)&nbsp;that, to such Responsible Officer&rsquo;s
knowledge, there has been no event or circumstance since December&nbsp;31, 2021 that has had or would be reasonably expected to have,
either individually or in the aggregate, 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">&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; color: #010000">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
duly executed amendment to the BMO Loan Documents that, among other things, extends the maturity date thereof to a date no earlier than
October&nbsp;1, 2024 and decreases the outstanding Indebtedness thereunder to an amount not to exceed $125,000,000;</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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
Compliance Certificate giving pro forma effect to this Amendment and all the transactions contemplated herein to occur on the Effective
Date, in form and substance reasonably satisfactory to Administrative Agent; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>a
duly executed Request for Credit Extension for a Loan to be made on the Effective Date in an amount not to exceed $40,000,000, the proceeds
of which shall only be used to repay Indebtedness under the BMO Loan Documents;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>the
representations and warranties in the Credit Agreement, as amended by this Amendment, and each other Loan Document are true and correct
in all material respects (without duplication of any materiality qualifiers therein) on and as of the date of this Amendment as though
made as of the date of this Amendment, 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 as of such earlier date, and (ii)&nbsp;that (A)&nbsp;the representations and
warranties contained in <B><I>subsections&nbsp;(a)</I></B>, <B><I>(b)&nbsp;</I></B>and<B><I>&nbsp;(c)&nbsp;</I></B>of <B><I>Section&nbsp;5.05</I></B>
of the Credit Agreement shall be deemed to refer to the most recent statements furnished pursuant to <B><I>clauses&nbsp;(a)&nbsp;</I></B>and<B><I>&nbsp;(b)</I></B>,
respectively, of <B><I>Section&nbsp;6.01 </I></B>of the Credit Agreement, (b)&nbsp;the representations and warranties contained in <B><I>Section&nbsp;5.13(a)&nbsp;</I></B>of
the Credit Agreement shall be deemed to refer to the most recent update to <B><I>Schedule&nbsp;5.13(a)&nbsp;</I></B>to the Credit Agreement
furnished pursuant to <B><I>Section&nbsp;6.02(a)(ii)&nbsp;</I></B>of the Credit Agreement, and shall be true and correct in all material
respects as of the effective date of such update, and (c)&nbsp;the representations and warranties contained in the first and second sentences
of <B><I>Section&nbsp;5.21</I></B> of the Credit Agreement shall be deemed to refer to the most recent update to <B><I>Schedule&nbsp;5.21</I></B>
to the Credit Agreement furnished pursuant to <B><I>Section&nbsp;6.02(a)(i)</I></B>&nbsp;of the Credit Agreement, and shall be true and
correct in all material respects as of the effective date of such update;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>after
giving effect to this Amendment, no Default exists;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Borrower
shall have paid (i)&nbsp;all fees required to be paid on or before the Effective Date, including those required to be paid pursuant to
any fee letter, and (ii)&nbsp;all reasonable fees, charges and disbursements of counsel to Administrative Agent to the extent invoiced
prior to or on the Effective Date, plus such additional amounts of such fees, charges and disbursements as shall constitute their reasonable
estimate of such fees, charges and disbursements incurred or to be incurred by them through the closing of this Amendment (provided that
such estimate shall not thereafter preclude a final settling of accounts between Borrower and Administrative Agent); and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #010000">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>(i)&nbsp;upon
the reasonable request of any Lender made at least five (5)&nbsp;days prior to the Effective Date, Borrower shall have provided to such
Lender, and such Lender shall be reasonably satisfied with, the documentation and other information so requested in connection with applicable
 &ldquo;know your customer&rdquo; and anti-money-laundering rules&nbsp;and regulations, including, without limitation, the PATRIOT Act,
in each case at least five (5)&nbsp;days prior to the Effective Date; and (ii)&nbsp;at least five (5)&nbsp;days prior to the Effective
Date, any Loan Party that qualifies as a &ldquo;legal entity customer&rdquo; under the Beneficial Ownership Regulation shall have delivered,
to each Lender that so requests, a Beneficial Ownership Certification in relation to 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"></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"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Ratifications</B>.
Borrower (a)&nbsp;ratifies and confirms all provisions of the Loan Documents as amended by this Amendment, (b)&nbsp;ratifies and confirms
that all guaranties, assurances, and liens granted, conveyed, or assigned to the Credit Parties under the Loan Documents are not released,
reduced, or otherwise adversely affected by this Amendment and continue to guarantee, assure, and secure full payment and performance
of all present and future Obligations, and (c)&nbsp;agrees to perform such acts and duly authorize, execute, acknowledge, deliver, file,
and record such additional documents, and certificates as Administrative Agent may request in order to create, perfect, preserve, and
protect those guaranties, assurances, and liens.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Representations</B>.
Borrower represents and warrants to the Credit Parties that as of the date of this Amendment: (a)&nbsp;this Amendment, when delivered
hereunder, will have been duly authorized, executed, and delivered by Borrower; (b)&nbsp;no action by, or filing with, any Governmental
Authority is required in connection with, the execution, delivery, or performance by Borrower of this Amendment, except for actions or
filings which have been duly obtained, taken, given or made and are in full force and effect; (c)&nbsp;the Loan Documents, as amended
by this Amendment when delivered by Borrower, will constitute a valid and binding obligation of Borrower, enforceable against Borrower
in accordance with their respective terms, except to the extent such enforceability may be limited by any applicable Debtor Relief Laws
and by general principles of equity; (d)&nbsp;the execution, delivery, and performance by Borrower of this Amendment do not (i)&nbsp;conflict
with or result in any breach or contravention of, or the creation of any Lien under, or require any payment to be made under any material
order, injunction, writ or decree of any Governmental Authority or any arbitral award to which Borrower or its property is subject; or
(ii)&nbsp;violate in any material respect any Law; (e)&nbsp;all representations and warranties in the Loan Documents are true and correct
in all material respects (without duplication of any materiality qualifiers therein), except 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 (without duplication
of any materiality qualifiers therein) as of such earlier date; and (f)&nbsp;no Default exists.</P>

<P STYLE="font: 10pt Times New Roman, 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; text-transform: uppercase; color: #010000"><B>7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Continued
Effect.</B> Except to the extent amended hereby, all terms, provisions and conditions of the Credit Agreement and the other Loan Documents,
and all documents executed in connection therewith, shall continue in full force and effect and shall remain enforceable and binding in
accordance with their respective terms.</P>

<P STYLE="font: 10pt Times New Roman, 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; text-transform: uppercase; color: #010000"><B>8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Miscellaneous</B>.
Unless stated otherwise (a)&nbsp;the singular number includes the plural and <I>vice versa</I> and words of any gender include each other
gender, in each case, as appropriate, (b)&nbsp;headings and captions may not be construed in interpreting provisions, (c)&nbsp;this Amendment
must be construed -- and its performance enforced -- under New York law, (d)&nbsp;if any part of this Amendment is for any reason found
to be unenforceable, all other portions of it nevertheless remain enforceable, (e)&nbsp;this Amendment may be executed in any number of
counterparts with the same effect as if all signatories had signed the same document, and all of those counterparts must be construed
together to constitute the same&nbsp;document, and (f)&nbsp;delivery of an executed counterpart of a signature page&nbsp;to this Amendment
by telecopier, electronic mail or other electronic delivery shall be effective as delivery of a manually executed counterpart of this
Amendment. This Amendment constitutes a 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: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>Parties.
</B>This Amendment binds and inures to Borrower and the Credit Parties and their respective successors and permitted assigns.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B>RELEASE</B>.
<FONT STYLE="font-variant: small-caps"><B>BORROWER HEREBY ACKNOWLEDGES THAT, AS OF THE DATE HEREOF, THE OBLIGATIONS UNDER THE CREDIT AGREEMENT
AND UNDER THE OTHER LOAN DOCUMENTS ARE ABSOLUTE AND UNCONDITIONAL WITHOUT ANY RIGHT OF RESCISSION, SETOFF, COUNTERCLAIM, DEFENSE, OFFSET,
CROSS-COMPLAINT, CLAIM OR DEMAND OF ANY KIND OR NATURE WHATSOEVER THAT CAN BE ASSERTED TO REDUCE OR ELIMINATE ALL OR ANY PART&nbsp;OF
ITS LIABILITY TO REPAY SUCH OBLIGATIONS OR TO SEEK AFFIRMATIVE RELIEF OR DAMAGES OF ANY KIND OR NATURE FROM LENDER. BORROWER HEREBY VOLUNTARILY
AND KNOWINGLY RELEASES AND FOREVER DISCHARGES ADMINISTRATIVE AGENT, EACH L/C ISSUER, THE LENDERS, AND EACH SUCH PERSON&rsquo;S PREDECESSORS,
AGENTS, EMPLOYEES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY, THE &ldquo;<I>RELEASED PARTIES</I>&rdquo;), FROM ALL POSSIBLE CLAIMS, DEMANDS,
ACTIONS, CAUSES OF ACTION, DAMAGES, COSTS, EXPENSES, AND LIABILITIES WHATSOEVER ARISING FROM OR UNDER THE LOAN DOCUMENTS, AND THE TRANSACTION
EVIDENCED THEREBY, WHETHER KNOWN OR UNKNOWN, ANTICIPATED OR UNANTICIPATED, SUSPECTED OR UNSUSPECTED, FIXED, CONTINGENT, OR CONDITIONAL,
AT LAW OR IN EQUITY, ORIGINATING IN WHOLE OR IN PART&nbsp;ON OR BEFORE THE DATE HEREOF WHICH BORROWER AND/OR ANY GUARANTOR MAY&nbsp;NOW
OR HEREAFTER HAVE AGAINST THE RELEASED PARTIES,&nbsp;IF ANY, AND IRRESPECTIVE OF WHETHER ANY SUCH CLAIMS ARISE OUT OF CONTRACT, TORT,
VIOLATION OF LAW OR REGULATIONS, OR OTHERWISE,&nbsp;INCLUDING, WITHOUT LIMITATION, ANY CONTRACTING FOR, CHARGING, TAKING, RESERVING, COLLECTING,
OR RECEIVING INTEREST IN EXCESS OF THE HIGHEST LAWFUL RATE APPLICABLE.</B></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase; color: #010000"><B>11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><B><FONT STYLE="font-variant: small-caps">Entireties.
The Credit Agreement as amended by this Amendment represents the final agreement between the parties about the subject matter of the Credit
Agreement as amended by this Amendment and may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements
of the parties. There are no unwritten oral agreements between the parties.</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: center"><I>[Remainder of Page&nbsp;Intentionally Left Blank;
Signature Pages&nbsp;Follow]</I></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">EXECUTED as of the date first
stated 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="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>BORROWER:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FRANKLIN STREET PROPERTIES CORP.</B></FONT>, a Maryland corporation</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 0.5pt solid">/s/ George J. Carter</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">George J. Carter</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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 0pt 3in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ADMINISTRATIVE AGENT</B>:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>bank of america, n.a.</B></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">, as Administrative Agent</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Charlotte Nunez</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charlotte Nunez</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>LENDERS:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>bank of america, n.a.</B></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">, as a Lender and an L/C Issuer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Charlotte Nunez</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Charlotte Nunez</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>BANK OF MONTREAL</B>, as a Lender and an L/C Issuer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Lloyd Baron</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lloyd Baron</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Managing Director</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>JPMORGAN CHASE BANK, N.A.</B>, as a Lender and an L/C Issuer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Austin Lotito</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Austin Lotito</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Executive Director</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CITIZENS BANK, N.A.</B>, as a Lender and an L/C Issuer</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Kerri Colwell</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Kerri Colwell</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Senior Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>REGIONS BANK</B>, as a Lender</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Walter E. Rivadeneira</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Walter E. Rivadeneira</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Senior Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FIRST FINANCIAL BANK, N.A.</B>, as a Lender</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ John Wilgus</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">John Wilgus</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Senior Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CAPITAL ONE, NATIONAL ASSOCIATION</B>, as a Lender</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Jessica W. Phillips</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Jessica W. Phillips</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorized Signatory</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>BankUnited, N.A.</B></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">, as a Lender</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">/s/ Carly Berfes</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carly Berfes</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Senior Vice President</FONT></TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">Signature
Page&nbsp;to</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="background-color: White">First
Amendment to Credit Agreement</FONT></P>


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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Conformed 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">(<I>to be attached</I>)</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: right"><FONT STYLE="color: red; "><I><STRIKE>Execution
Version</STRIKE></I></FONT><I><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Conformed through First Amendment to Credit
Agreement</U></B></FONT></I></P>

<P STYLE="border-bottom: Black medium double; 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">Published CUSIP Numbers: 35471UAK5 (Deal)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">35471UAL3 (Revolving Credit Facility)</P>

<P STYLE="font: 10pt 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>CREDIT
AGREEMENT</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of January&nbsp;10, 2022</P>

<P STYLE="font: 10pt 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"><FONT STYLE="text-transform: uppercase"><B>FRANKLIN
STREET PROPERTIES CORP.,</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Administrative Agent and an L/C Issuer,</P>

<P STYLE="font: 10pt 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 Other L/C Issuers 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">The Other 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"><B>BANK OF MONTREAL</B>,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Syndication 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"><B>CITIZENS BANK, N.A.</B>,</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Documentation 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>B</B></FONT><B><FONT STYLE="font-variant: small-caps">OF</FONT><FONT STYLE="text-transform: uppercase">A
SECURITIES,&nbsp;INC.</FONT></B><FONT STYLE="text-transform: uppercase">,</FONT></P>

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

<P STYLE="font: 10pt 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>BMO CAPITAL MARKETS CORP.</B>,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">as Joint Bookrunner <FONT STYLE="color: red; "><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,</U></FONT>
Joint Lead Arranger <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and Syndication Agent</U></FONT>,</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-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"><B>JPMORGAN CHASE BANK, N.A.</B>,</P>

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

<P STYLE="border-bottom: Black medium double; 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"></P>

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

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

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

<TABLE 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><B>Section</B></TD><TD>&nbsp;</TD>
                                                          <TD STYLE="text-align: center"><B>Page</B></TD></TR>
                                                                                                                                          <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD>
                                                          <TD STYLE="text-align: right">&nbsp;</TD></TR>
                                                                                                                                          <TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in">I.</TD><TD><FONT STYLE="text-transform: uppercase"><B>DEFINITIONS AND ACCOUNTING TERMS</B></FONT></TD>
                                                          <TD STYLE="text-align: right; width: 0.5in">1</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.01</TD><TD><B>Defined Terms</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">1</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.02</TD><TD><B>Other Interpretive Provisions</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>30</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>31</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.03</TD><TD><B>Accounting Terms</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>30</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>32</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.04</TD><TD><B>Rounding</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>31</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>32</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.05</TD><TD><B>Times of Day</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>31</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>33</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.06</TD><TD><B>Letter of Credit Amounts</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>31</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>33</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">1.07</TD><TD><B>Interest Rates</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>31</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>33</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">II.</TD><TD><FONT STYLE="text-transform: uppercase"><B>THE COMMITMENTS AND CREDIT EXTENSIONS</B></FONT></TD>
                                                           <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>32</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>33</U></FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.01</TD><TD><B>Loans</B><FONT STYLE="color: red"><STRIKE>. Subject to the terms and conditions set forth herein, each Lender severally agrees to
make revolving loans to Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to
exceed at any time outstanding the amount of such Lender&rsquo;s Commitment; <I>provided</I>, <I>however</I>, that after giving effect
to any Borrowing, (i</STRIKE></FONT><STRIKE><FONT STYLE="color: #00C000">)&nbsp;the Outstanding Amount of </FONT><FONT STYLE="color: red">Loans
and L/C Obligations shall not exceed the Aggregate Commitments and (ii)&nbsp;the Total Outstandings owed to any Lender shall not exceed
such Lender&rsquo;s Commitment. Within the limits of each Lender&rsquo;s Commitment, and subject to the other terms and conditions hereof,
Borrower may borrow under this <B><I>Section&nbsp;2.01</I></B>, prepay under <B><I>Section&nbsp;2.04</I></B>, and reborrow under this
<B><I>Section&nbsp;2.01</I></B>. Loans will be either Term SOFR Rate Loans or Daily SOFR Rate Loans, except as further provided herein.</FONT></STRIKE></TD>
                                                                <TD STYLE="vertical-align: bottom; text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>&#9;32</STRIKE></FONT> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>33</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.02</TD><TD><B>Borrowings, Conversions and Continuations of Loans</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>32</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>34</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.03</TD><TD><B>Letters of Credit</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>33</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>35</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.04</TD><TD><B>Prepayments</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>42</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>44</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.05</TD><TD><B>Termination or Reduction of Commitments</B> <FONT STYLE="color: red"><STRIKE></STRIKE></FONT></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>42</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>44</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.06</TD><TD><B>Repayment of Loans</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>43</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>45</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.07</TD><TD><B>Interest</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>43</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>45</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.08</TD><TD><B>Fees</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>44</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>46</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.09</TD><TD><B>Computation of Interest and Fees<FONT STYLE="color: red"><STRIKE>; Retroactive Adjustments of Applicable Rate</STRIKE></FONT></B><FONT STYLE="color: red"><STRIKE>.&#9;</STRIKE></FONT></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>44</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>46</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.10</TD><TD><B>Evidence of Debt</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>45</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>47</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.11</TD><TD><B>Payments Generally; Administrative Agent&rsquo;s Clawback</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>45</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>47</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.12</TD><TD><B>Sharing of Payments by Lenders</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>47</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>49</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.13</TD><TD><FONT STYLE="color: red"><B><STRIKE>Increase in Commitments</STRIKE></B></FONT><B><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>[Intentionally
Deleted]</U></FONT></B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>51</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.14</TD><TD><B>Cash Collateral</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.15</TD><TD><B>Defaulting Lenders</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>50</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">2.16</TD><TD><B>Extension of Maturity Date</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>52</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>54</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">III.</TD><TD><FONT STYLE="text-transform: uppercase"><B>TAXES, YIELD PROTECTION AND ILLEGALITY</B></FONT></TD>
                                                            <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>56</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.01</TD><TD><B>Taxes; Defined Terms</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>56</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.02</TD><TD><B>Illegality</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>58</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>60</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.03</TD><TD><B>Inability to Determine Rates</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>58</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>61</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.04</TD><TD><B>Increased Costs</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>61</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>63</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.05</TD><TD><B>Compensation for Losses</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>62</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.06</TD><TD><B>Mitigation Obligations; Replacement of Lenders</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>62</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">3.07</TD><TD><B>Survival</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="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>

<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="width: 0"></TD><TD STYLE="width: 0.5in">IV.</TD><TD><FONT STYLE="text-transform: uppercase"><B>CONDITIONS PRECEDENT TO CREDIT EXTENSIONS</B></FONT></TD>
                                                           <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">4.01</TD><TD><B>Conditions of Initial Credit Extension</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">4.02</TD><TD><B>Conditions to all Credit Extensions</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>67</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">V.</TD><TD><FONT STYLE="text-transform: uppercase"><B>REPRESENTATIONS AND WARRANTIES</B></FONT></TD>
                                                          <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>68</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.01</TD><TD><B>Existence, Qualification and Power</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>68</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.02</TD><TD><B>Authorization; No Contravention</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>68</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.03</TD><TD><B>Governmental Authorization; Other Consents</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.04</TD><TD><B>Binding Effect</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.05</TD><TD><B>Financial Statements; No Material Adverse Effect</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.06</TD><TD><B>Litigation</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>67</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.07</TD><TD><B>No Default</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>67</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.08</TD><TD><B>Ownership of Property; Liens</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>67</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.09</TD><TD><B>Environmental Compliance</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>67</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.10</TD><TD><B>Insurance</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.11</TD><TD><B>Taxes</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.12</TD><TD><B>ERISA Compliance</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.13</TD><TD><B>Subsidiaries; Other Equity Investments</B></TD>
                                                                <TD STYLE="text-align: right; width: 0.5in">&#9;<FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.14</TD><TD><B>Margin Regulations; Investment Company Act</B></TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.15</TD><TD><B>Disclosure</B></TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.16</TD><TD><B>Compliance with Laws</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.17</TD><TD><B>Taxpayer Identification Number</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.18</TD><TD><B>OFAC; Anti-Corruption Laws; PATRIOT Act</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>73</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.19</TD><TD><B>REIT Status</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>73</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.20</TD><TD><B>Solvency</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>73</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.21</TD><TD><B>Eligible Unencumbered Property Pool Properties</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>73</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.22</TD><TD><B>Anti-Corruption Laws</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>74</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">5.23</TD><TD><B>Affected Financial Institutions; Covered Entity</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>74</U></FONT></TD></TR></TABLE>

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

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">VI.</TD><TD><FONT STYLE="text-transform: uppercase"><B>AFFIRMATIVE COVENANTS</B></FONT>&#9;</TD>
                                                           <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>74</U></FONT></TD></TR></TABLE>

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

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">6.01</TD><TD><B>Financial Statements</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>75</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.02</TD><TD><B>Certificates; Other Information</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>75</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.03</TD><TD><B>Notices</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>77</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.04</TD><TD><B>Payment of Taxes</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>77</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.05</TD><TD><B>Preservation of Existence, Etc.</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.06</TD><TD><B>Maintenance of Properties</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.07</TD><TD><B>Maintenance of Insurance</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.08</TD><TD><B>Compliance with Laws</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.09</TD><TD><B>Books and Records</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.10</TD><TD><B>Inspection Rights</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.11</TD><TD><B>Use of Proceeds</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.12</TD><TD><B>Subsidiary Guarantors</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.13</TD><TD><B>REIT Status</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.14</TD><TD><B>Material Contracts</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.15</TD><TD><B>Further Assurances</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>6.16</TD><TD><B>Anti-Corruption Laws; Sanctions</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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: 0"></TD><TD STYLE="width: 0.5in">VII.</TD><TD><FONT STYLE="text-transform: uppercase"><B>NEGATIVE COVENANTS</B></FONT>&#9;</TD>
                                                            <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">7.01</TD><TD><B>Liens</B>&#9;</TD>
                                                                <TD STYLE="text-align: right; width: 0.5in"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>7.02</TD><TD><B>Investments</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD></TD><TD>7.03</TD><TD><B>Indebtedness</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>82</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD></TD><TD>7.04</TD><TD><B>Fundamental Changes</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>82</U></FONT></TD></TR></TABLE>

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

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

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.05</TD><TD><B>Dispositions</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.06</TD><TD><B>Change in Nature of Business</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.07</TD><TD><B>Transactions with Affiliates</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.08</TD><TD><B>Burdensome Agreements</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.09</TD><TD><B>Use of Proceeds</B> <FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><U>;
Letters of Credit</U></B><U></U></FONT></TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.10</TD><TD><B>Financial Covenants</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.11</TD><TD><B>Organizational Documents</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.12</TD><TD><B>Sanctions</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.13</TD><TD><B>Sale Leasebacks</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.14</TD><TD><B>Prepayments of Indebtedness</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.15</TD><TD><B>Changes in Accounting</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="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>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">7.16</TD><TD><B>Anti-Corruption Laws</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>7.17</U></FONT></TD><TD><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><U>Enhanced
Negative Covenants</U></B><U>&#9;</U></FONT></TD>
                                                                                                                                                                                                                                                                                                                                                                         <TD STYLE="text-align: right"><FONT STYLE="text-underline-style: double; 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: 0"></TD><TD STYLE="width: 0.5in">VIII.</TD><TD><FONT STYLE="text-transform: uppercase"><B>EVENTS OF DEFAULT AND REMEDIES</B></FONT></TD>
                                                             <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">8.01</TD><TD><B>Events of Default</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">8.02</TD><TD><B>Remedies Upon Event of Default</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">8.03</TD><TD><B>Application of Funds</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="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: 0"></TD><TD STYLE="width: 0.5in">IX.</TD><TD><FONT STYLE="text-transform: uppercase"><B>ADMINISTRATIVE AGENT</B></FONT></TD>
                                                           <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.01</TD><TD><B>Appointment and Authority</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="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>



<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: 0.5in"></TD><TD STYLE="width: 0.5in">9.02</TD><TD><B>Rights as a Lender</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.03</TD><TD><B>Exculpatory Provisions</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.04</TD><TD><B>Reliance by Administrative Agent</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="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>



<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: 0.5in"></TD><TD STYLE="width: 0.5in">9.05</TD><TD><B>Delegation of Duties</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>87</STRIKE></FONT><FONT STYLE="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>



<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: 0.5in"></TD><TD STYLE="width: 0.5in">9.06</TD><TD><B>Resignation of Administrative Agent</B></TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>87</STRIKE></FONT><FONT STYLE="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>



<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: 0.5in"></TD><TD STYLE="width: 0.5in">9.07</TD><TD><B>Non-Reliance on Administrative Agent and Other Lenders</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="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>



<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: 0.5in"></TD><TD STYLE="width: 0.5in">9.08</TD><TD><B>No Other Duties, Etc.</B></TD>
                                                                <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.09</TD><TD><B>Administrative Agent May&nbsp;File Proofs of Claim</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.10</TD><TD><B>Release of Subsidiary Guarantors</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>89</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.11</TD><TD><B>ERISA Representations</B></TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>89</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">9.12</TD><TD><B>Recovery of Erroneous Payments</B>&#9;</TD>
                                                                <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>90</STRIKE></FONT><FONT STYLE="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: 0"></TD><TD STYLE="width: 0.5in">X.</TD><TD><FONT STYLE="text-transform: uppercase"><B>MISCELLANEOUS</B></FONT>.&#9;</TD>
                                                          <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>90</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.01</TD><TD><B>Amendments, Etc</B>.</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>90</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.02</TD><TD><B>Notices; Effectiveness; Electronic Communication</B></TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>92</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.03</TD><TD><B>No Waiver; Cumulative Remedies; Enforcement</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>100</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.04</TD><TD><B>Expenses; Indemnity; Damage Waiver</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.05</TD><TD><B>Payments Set Aside</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="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>



<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: 0.5in"></TD><TD STYLE="width: 0.5in">10.06</TD><TD><B>Successors and Assigns</B></TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.07</TD><TD><B>Treatment of Certain Information; Confidentiality</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>100</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>106</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.08</TD><TD><B>Right of Setoff</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.09</TD><TD><B>Interest Rate Limitation</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.10</TD><TD><B>Counterparts; Integration; Effectiveness</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>108</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.11</TD><TD><B>Survival of Representations and Warranties</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>108</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.12</TD><TD><B>Severability</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>108</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.13</TD><TD><B>Replacement of Lenders</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>108</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.14</TD><TD><B>Governing Law; Jurisdiction; Etc</B>.</TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>103</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.15</TD><TD><B>Waiver of Jury Trial</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>103</STRIKE></FONT><FONT STYLE="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: 0.5in"></TD><TD STYLE="width: 0.5in">10.16</TD><TD><B>No Advisory or Fiduciary Responsibility</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>110</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.17</TD><TD><B>Electronic Execution of Assignments and Certain Other Documents</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>111</U></FONT></TD></TR></TABLE>



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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.18</TD><TD><B>USA PATRIOT Act</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>105</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>112</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.19</TD><TD><B>Time of the Essence</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>105</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>112</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.20</TD><TD><B>Acknowledgement and Consent to Bail-In of Affected Financial Institutions</B>&#9;</TD>
                                                                 <TD STYLE="text-align: right"><FONT STYLE="color: red"><STRIKE>105</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>112</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.21</TD><TD><B>Acknowledgement Regarding Any Supported QFCs</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>106</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>112</U></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">10.22</TD><TD><B>ENTIRE AGREEMENT</B></TD>
                                                                 <TD STYLE="text-align: right">&#9;<FONT STYLE="color: red"><STRIKE>107</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>113</U></FONT></TD></TR></TABLE>

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    <TD COLSPAN="3" STYLE="text-align: justify"><B>SCHEDULES</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 2.01</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Commitments and Applicable Percentages</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 5.05</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Supplement to Interim Financial Statements</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 5.06</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Litigation</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 5.09</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Environmental Disclosure Items</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 5.12(d)</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Pension Plan Obligations</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 5.13</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Subsidiaries; Other Equity Investments</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 5.21</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Eligible Unencumbered Property Pool Properties</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 7.02(g)</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Investments</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 7.08</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Transactions with Affiliates</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 10.02</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Administrative Agent&rsquo;s Office; Certain Addresses for Notices</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">SCHEDULE 10.06(b)(v)</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Competitors of Borrower</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><B>EXHIBITS</B></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><B>Form&nbsp;of</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;A</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Loan Notice</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;B</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Opinion Matters</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;C</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Revolver Note</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;D</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Compliance Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;E-1</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Assignment and Assumption</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;E-2</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Administrative Questionnaire</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;F</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Form&nbsp;of Subsidiary Guaranty</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;G</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Certificate to Accompany Request for Credit Extension</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;H-1</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Form&nbsp;of U.S. Tax Compliance Certificate - Foreign Lenders (Not Partnerships)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;H-2</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Form&nbsp;of U.S. Tax Compliance Certificate - Non-U.S. Participants (Not Partnerships)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;H-3</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Form&nbsp;of U.S. Tax Compliance Certificate - Non-U.S. Participants (Partnerships)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;H-4</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Form&nbsp;of U.S. Tax Compliance Certificate - Foreign Lenders (Partnerships)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">EXHIBIT&nbsp;I</TD>
    <TD COLSPAN="2" STYLE="text-align: justify">Form&nbsp;of Notice of Prepayment</TD></TR>
  <TR>
    <TD STYLE="width: 19%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 74%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="color: red"><I><STRIKE>Execution
Version</STRIKE></I></FONT><I><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Conformed through First Amendment to Credit
Agreement</U></B></FONT></I></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">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></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: 0.5in">This <B>CREDIT AGREEMENT </B>(&ldquo;<B><I>Agreement</I></B>&rdquo;)
is entered into as of January&nbsp;10, 2022, among <B>FRANKLIN STREET PROPERTIES CORP.</B>, a Maryland corporation (&ldquo;<B><I>Borrower</I></B>&rdquo;)
each lender from time to time party hereto either as a result of such party&rsquo;s execution of this Agreement as a &ldquo;<B><I>Lender</I></B>&rdquo;
as of the date hereof or as a result of such party being made a &ldquo;<B><I>Lender</I></B>&rdquo; hereunder by virtue of an executed
Assignment and Assumption (collectively, the &ldquo;<B><I>Lenders</I></B>&rdquo; and individually, a &ldquo;<B><I>Lender</I></B>&rdquo;),
and <B>BANK OF AMERICA, N.A.</B>, as Administrative Agent and an L/C Issuer.</P>

<P STYLE="font: 10pt Times New Roman, 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">Borrower has requested that
the Lenders provide a revolving credit facility, and the Lenders are willing to do so 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: 0.5in"><B>NOW</B>, <B>THEREFORE</B>,
for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, 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: justify">I.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-transform: uppercase"><B>DEFINITIONS
AND ACCOUNTING TERMS</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>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: 0.5in">&ldquo;<B><I>Adjusted EBITDA</I></B>&rdquo;
means, for the most recently ended fiscal quarter of Borrower, EBITDA of the Consolidated Parties less Capital Reserves for all Properties
for 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: 0.5in">&ldquo;<B><I>Administrative
Agent</I></B>&rdquo; means Bank of America in its capacity as administrative agent under any of the Loan Documents, or any successor administrative
agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Administrative
Agent&rsquo;s Office</I></B>&rdquo; means Administrative Agent&rsquo;s address and, as appropriate, account as set forth on <B><I>Schedule
10.02</I></B>, or such other address or account as Administrative Agent may from time to time notify to 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: 0.5in">&ldquo;<B><I>Administrative
Questionnaire</I></B>&rdquo; means an Administrative Questionnaire in substantially the form of <B><I>Exhibit&nbsp;E-2</I></B> or any
other form approved by Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Affected Financial
Institution</I></B>&rdquo; means (a)&nbsp;any EEA Financial Institution or (b)&nbsp;any UK 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: 0.5in">&ldquo;<B><I>Affiliate</I></B>&rdquo;
means, at any time, and with respect to any Person, any other Person that at such time directly or indirectly through one or more intermediaries
Controls, or is Controlled by, or is under common Control with, such first Person. In no event shall Administrative Agent or any Lender
be deemed to be an Affiliate of Borrower. Unless the context otherwise clearly requires, any reference to an &ldquo;<I>Affiliate</I>&rdquo;
is a reference to an Affiliate of Borrower, and Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>
shall not be considered Affiliates of 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: 0.5in">&ldquo;<B><I>Aggregate Commitments</I></B>&rdquo;
means the Commitments of all the Lenders (including any Defaulting Lender) to make the Loans, as adjusted from time to time in accordance
with the terms of this Agreement. The Aggregate Commitments as of the <FONT STYLE="color: red; "><STRIKE>Closing</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>First
Amendment Effective</U></FONT> Date shall be $<FONT STYLE="color: red; "><STRIKE>217,500,000. The Aggregate Commitments
may increase in accordance with <B><I>Section&nbsp;2.13</I></B>.</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>150,000,000.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Agreement</I></B>&rdquo;
means this Credit Agreement.</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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: 0.5in">&ldquo;<B><I>Anti-Corruption
Laws</I></B>&rdquo; means all laws, rules, and regulation of any jurisdiction applicable to Borrower or its Subsidiaries from time to
time concerning or relating to bribery or corruption.</P>

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

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Applicable Percentage</I></B>&rdquo;
means with respect to any Lender at any time, the percentage (carried out to the ninth decimal place) of the Aggregate Commitments represented
by such Lender&rsquo;s Commitment at such time, subject to adjustment as provided in this Agreement, including without limitation, in
<B><I>Section&nbsp;2.15</I></B>. If the commitment of each Lender to make Loans and the obligation of the L/C Issuers to make L/C Credit
Extensions have been terminated pursuant to <B><I>Section&nbsp;8.02</I></B> or if the Aggregate Commitments have expired, then the Applicable
Percentage of each Lender shall be determined based on the Applicable Percentage of such Lender most recently in effect, giving effect
to any subsequent assignments permitted hereunder. The initial Applicable Percentage of each Lender is set forth opposite the name of
such Lender on <B><I>Schedule 2.01</I></B> or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, 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: 0.5in">&ldquo;<B><I>Applicable Rate</I></B>&rdquo;
means <FONT STYLE="color: red; "><STRIKE>(a)&nbsp;from the Closing Date until the Applicable Rate Adjustment Date,</STRIKE></FONT>
the following percentages <I>per annum</I> <FONT STYLE="color: red; "><STRIKE>applicable to Daily SOFR Rate Loans,
Term SOFR Loans, Base Rate Loans, Letter of Credit Fees and the Facility Fee, as applicable, based on Borrower&rsquo;s Leverage Ratio
pursuant to the following grids</STRIKE></FONT>:</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: 70%; border-collapse: collapse">
  <TR>
    <TD STYLE="border: Black 1pt solid; vertical-align: bottom; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 10%"><FONT STYLE="color: red; "><B><STRIKE>Level</STRIKE></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 31%"><FONT STYLE="color: red; "><B><STRIKE>Leverage Ratio</STRIKE></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 18%"><B>Daily SOFR Rate Loans, Term SOFR Loans and Letter of Credit Fees</B></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 9%"><FONT STYLE="color: red; "><B><STRIKE>Facility Fee</STRIKE></B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: bottom; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 14%"><B>Base Rate Loans</B></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; vertical-align: top; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 18%"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Unused Commitment Fee</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>I</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>&lt; 35.00%</STRIKE></FONT></TD>
    <TD COLSPAN="2" STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.550%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.300%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.550%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>II</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; 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; text-align: center; color: red"><FONT STYLE=""><STRIKE>&ge;
    35.00% -</STRIKE></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.25in"><FONT STYLE="color: red; "><STRIKE>&lt;
    </STRIKE></FONT>&zwnj;<FONT STYLE="color: red; "><STRIKE>40.00%</STRIKE></FONT></P></TD>
    <TD COLSPAN="2" STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.650%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.300%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.650%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>III</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; 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; text-align: center; color: red"><FONT STYLE=""><STRIKE>&ge;
    40.00% -</STRIKE></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="color: red; "><STRIKE>&lt;
    </STRIKE></FONT>&zwnj;<FONT STYLE="color: red; "><STRIKE>45.00%</STRIKE></FONT></P></TD>
    <TD COLSPAN="2" STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.750%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.350%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.750%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>IV</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; 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; text-align: center; color: red"><FONT STYLE=""><STRIKE>&ge;
    45.00% -</STRIKE></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="color: red; "><STRIKE>&lt;
    </STRIKE></FONT>&zwnj;<FONT STYLE="color: red; "><STRIKE>50.00%</STRIKE></FONT></P></TD>
    <TD COLSPAN="2" STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.950%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.350%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.950%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>V</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; 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; text-align: center; color: red"><FONT STYLE=""><STRIKE>&ge;
    50.00% -</STRIKE></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="color: red; "><STRIKE>&lt;
    </STRIKE></FONT>&zwnj;<FONT STYLE="color: red; "><STRIKE>55.00%</STRIKE></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>3.00%</U></FONT></P></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>2.150%</STRIKE></FONT><FONT STYLE="color: black">&zwnj;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2.00%</U></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.350%</STRIKE></FONT><FONT STYLE="color: black">&zwnj;</FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>0.35%</U></FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.150%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 0.5pt solid; border-left: Black 1pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>VI</STRIKE></FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>&ge; 55.00%</STRIKE></FONT></TD>
    <TD STYLE="border-left: Black 0.5pt solid; border-bottom: Black 0.5pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>2.350%</STRIKE></FONT></TD>
    <TD STYLE="border-left: Black 0.5pt solid; border-bottom: Black 0.5pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.400%</STRIKE></FONT></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-bottom: Black 0.5pt solid; border-left: Black 1pt solid; background-color: White; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.350%</STRIKE></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

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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;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>;
<I>provided</I> that any increase or decrease in the Applicable Rate set forth in the applicable Leverage Ratio-based grid above resulting
from a change in the Leverage Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate
is delivered pursuant to <B><I>Section&nbsp;6.02(a)</I></B>; <I>provided</I>, <I>further</I>, that if a Compliance Certificate is not
delivered when due in accordance with such Section, then the Level VI of the Applicable Rate of the applicable Leverage Ratio-based grid
above shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been delivered
and shall remain in effect until the date on which such Compliance Certificate is delivered; provided, further, that notwithstanding anything
to the contrary contained in this definition, the determination of the Applicable Rate set forth in the applicable Leverage Ratio-based
grid above for any period shall be subject to the provisions of <B><I>Section&nbsp;2.09(b)</I></B>; and (b)&nbsp;from the Applicable Rate
Adjustment Date and at all times thereafter, the following percentages <I>per annum</I> applicable to Daily Rate SOFR Loans, Term SOFR
Loans, Base Rate Loans, Letter of Credit Fees and the Facility Fee, as applicable, based on Borrower&rsquo;s Credit Rating pursuant to
the following grids:</STRIKE></FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #FFCCCC">
    <TD STYLE="background-color: White; width: 12%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><B><STRIKE>Level</STRIKE></B></FONT></TD>
    <TD STYLE="background-color: White; width: 23%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><B><STRIKE>Credit Rating</STRIKE></B></FONT></TD>
    <TD STYLE="background-color: White; width: 31%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><B><STRIKE>Daily SOFR Rate Loans, Term SOFR Loans and Letter of Credit Fees</STRIKE></B></FONT></TD>
    <TD STYLE="background-color: White; width: 18%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><B><STRIKE>Facility Fee</STRIKE></B></FONT></TD>
    <TD STYLE="background-color: White; width: 16%; border-top: Black 1pt solid; 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; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: red"><FONT STYLE=""><B><STRIKE>Base
    Rate Loans</STRIKE></B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>I</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>A-/A3 (or higher)</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.725%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.125%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.000%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>II</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>BBB+/Baa1</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.775%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.150%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.000%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>III</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>BBB/Baa2</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.850%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.200%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.000%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>IV</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>BBB-/Baa3</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.050%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.250%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.050%</STRIKE></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #FFCCCC">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>V</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>&lt;BBB-/Baa3 (or unrated)</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>1.400%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.300%</STRIKE></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="color: red; "><STRIKE>0.400%</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: justify; color: red"><FONT STYLE=""><STRIKE>;
<I>provided</I> that during any period that Borrower has two Credit Ratings that are not equivalent, then the Applicable Rate set forth
in the applicable Credit Ratings-based grid above will be determined based on the higher rating; <I>provided</I>, <I>further</I>, that
during any period that Borrower only has one Credit Rating and such Credit Rating is from either Moody&rsquo;s or S&amp;P, then the Applicable
Rate set forth in the applicable Credit Ratings-based grid above will be determined based on that Credit Rating; <I>provided</I>, <I>further</I>,
that any period that Borrower has no Credit Rating or only has a Credit Rating from Fitch, then the Applicable Rate set forth in the applicable
Credit Ratings-based grid above will be determined based on Level V of the applicable Credit Ratings-based grid above; <I>provided</I>,
<I>further</I>, that during any period that Borrower has three Credit Ratings that are not equivalent and such Credit Ratings are split,
then: (i)&nbsp;if the difference between the highest and the lowest such Credit Ratings is one ratings category (e.g., Baa2 by Moody&rsquo;s
and BBB- by S&amp;P or Fitch), the Applicable Rate set forth in the applicable Credit Ratings-based grid above shall be the rate <I>per
annum</I> that would be applicable if the highest of the Credit Ratings were used; and (ii)&nbsp;if the difference between such Credit
Ratings is two ratings categories (e.g., Baa1 by Moody&rsquo;s and BBB- by S&amp;P or Fitch) or more, the Applicable Rate set forth in
the applicable Credit Ratings-based grid above shall be the rate <I>per annum</I> that would be applicable if the average of the two highest
Credit Ratings were used (provided that if such average is not a recognized rating category, then the Applicable Rate set forth in the
applicable Credit Ratings-based grid above shall be the rate <I>per annum</I> that would be applicable if the second highest Credit Rating
of the three were used).</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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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>Any
change in Borrower&rsquo;s Credit Rating which would cause it to move to a different Level shall be effective as of the first day of the
first calendar month immediately following such change.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>The
Applicable Rate in effect from the Closing Date until adjusted as set forth above shall be determined based upon Level IV of the Leverage
Ratio-based grid above.</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: 0.5in"><FONT STYLE="color: red; "><STRIKE>&ldquo;<B><I>Applicable
Rate Adjustment Date</I></B>&rdquo; means the first Business Day after (a)&nbsp;Borrower has achieved a Credit Rating of at least Baa3
by Moody&rsquo;s or BBB- by S&amp;P and (b)&nbsp;Borrower has provided written notice to Administrative Agent that Borrower elects to
convert the Applicable Rate to the Credit Rating-based pricing grid set forth in the definition of Applicable Rate; <I>provided</I> that
such election may be made only one time during the term of this Agreement and shall be irrevocable.</STRIKE></FONT>&ldquo;<B><I>Approved
Fund</I></B>&rdquo; means any Fund that is administered or managed by (a)&nbsp;a Lender, (b)&nbsp;an Affiliate of a Lender or (c)&nbsp;an
entity or an Affiliate of an entity that administers or manages a Lender.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Arrangers</I></B>&rdquo;
means, collectively, each of BofA Securities, JPMorgan Chase Bank, N.A. and BMO Capital Markets Corp.; and &ldquo;<B><I>Arranger</I></B>&rdquo;
means any one of the Arrangers. The Arrangers will act as Joint Lead Arrangers.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Assignee Group</I></B>&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: 0.5in">&ldquo;<B><I>Assignment and
Assumption</I></B>&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 <B><I>Section&nbsp;10.06(b)</I></B>), and accepted by Administrative Agent, in substantially the form
of <B><I>Exhibit&nbsp;E-1</I></B> or any other form (including electronic documentation generated by use of an electronic platform) approved
by Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Attributable
Indebtedness</I></B>&rdquo; means, on any date, (a)&nbsp;in respect of any capital lease 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 payments under the relevant lease that would appear on a balance sheet
of such Person prepared as of such date in accordance with GAAP if such lease 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: 0.5in">&ldquo;<B><I>Audited Financial
Statements</I></B>&rdquo; means the audited consolidated balance sheet of Borrower and its Subsidiaries for the fiscal year ended December&nbsp;31,
2020, and the related consolidated statements of income or operations, shareholders&rsquo; equity and cash flows for such fiscal year
of 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: 0.5in">&ldquo;<B><I>Auto-Extension
Letter of Credit</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;2.03(b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Availability
Period</I></B>&rdquo; means the period from and including the Closing Date to the earliest of (a)&nbsp;the Maturity Date, (b)&nbsp;the
date of termination of the Aggregate Commitments pursuant to <B><I>Section&nbsp;2.05</I></B>, and (c)&nbsp;the date of termination of
the commitment of each Lender to make Loans and of the obligation of the L/C Issuers to make L/C Credit Extensions pursuant to <B><I>Section&nbsp;8.02</I></B>.</P>

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

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

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

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Bank of America</I></B>&rdquo;
means Bank of America, N.A. and its successors.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Base Rate</I></B>&rdquo;
means for any day a fluctuating rate <I>per annum</I> equal to the highest of (a)&nbsp;the rate of interest in effect for such day as
publicly announced from time to time by Administrative Agent as its &ldquo;prime rate&rdquo;, (b)&nbsp;the Federal Funds Rate <I>plus</I>
1/2 of 1% (0.50%), (c)&nbsp;Term SOFR for one month <I>plus</I> 1.00% and (d)&nbsp;1.00%. The &ldquo;prime rate&rdquo; is a rate set by
Administrative Agent based upon various factors including Administrative Agent&rsquo;s costs and desired return, general economic conditions
and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate.
Any change in such prime rate announced by Administrative Agent shall take effect at the opening of business on the day specified in the
public announcement of such change. If the Base Rate is being used as an alternate rate of interest pursuant to <B><I>Section&nbsp;3.03</I></B>,
then the Base Rate shall be the greater of <B><I>clauses (a)</I></B>, <B><I>(b)</I></B>&nbsp;and <B><I>(d)</I></B>&nbsp;above and shall
be determined without reference to <B><I>clause (c)</I></B>&nbsp;above.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>BMO Loan Documents</I></B>&rdquo;
means the Loan Agreement by and among Bank of Montreal, Borrower and the other parties thereto dated as of September&nbsp;27, 2018, as
amended <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>as of the First Amendment Effective Date and</U></FONT> from time to
time, and the documents, instruments and agreements <FONT STYLE="color: red; "><STRIKE>in connection therewith.</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: 0.5in; color: red"><FONT STYLE=""><STRIKE>&ldquo;<B><I>BoA
Loan Agreement</I></B>&rdquo; means that certain Second Amended and Restated Credit Agreement dated as of October&nbsp;29, 2014, among
Borrower, certain of Borrower&rsquo;s Wholly-Owned Subsidiaries, Bank of America, N.A., as administrative agent, and certain Lenders party
thereto, as amended from time to 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: 0.5in"><FONT STYLE="color: red; "><STRIKE>&ldquo;<B><I>BoA
Loan Documents</I></B>&rdquo; means the BoA Loan Agreement, as amended from time to time, and all documents, instruments and agreements</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>executed</U></FONT>
in connection therewith.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>BofA Securities</I></B>&rdquo;
means BofA Securities,&nbsp;Inc.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Borrower</I></B>&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: 0.5in">&ldquo;<B><I>Borrower Materials</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;6.02</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Borrowing</I></B>&rdquo;
means a borrowing consisting of simultaneous Loans made by each of the Lenders pursuant to <B><I>Section&nbsp;2.01 </I></B>and, in the
case of Term SOFR Rate Loans, having the same Interest Period.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Business Day</I></B>&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 State of New York, the state where Administrative Agent&rsquo;s Office is located.</P>

<P STYLE="font: 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">&ldquo;<B><I>Capitalization
Rate</I></B>&rdquo; means 6.75% for each CBD or Urban Infill Property and 7.50% for each Suburban Property.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Capital Reserve</I></B>&rdquo;
means for any period and with respect to a Property (other than any Projects Under Development), an amount equal to the product of (i)&nbsp;the
gross leaseable area contained in such Property (in square feet), <I>multiplied</I> by (ii)&nbsp;$0.30 <I>per annum</I>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Cash Collateralize</I></B>&rdquo;
means to deposit in a Controlled Account or pledge and deposit with or deliver to Administrative Agent, for the benefit of one or more
of the L/C Issuers or the Lenders, as collateral for L/C Obligations or obligations of the Lenders to fund participations in respect of
L/C Obligations, cash or deposit account balances or, if Administrative Agent and the L/C Issuers shall agree in their sole discretion,
other credit support, in each case pursuant to documentation in form and substance satisfactory to Administrative Agent and the L/C Issuers.
 &ldquo;<B><I>Cash Collateral</I></B>&rdquo; shall have a meaning correlative to the foregoing and shall include the proceeds of such cash
collateral and other credit support.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Cash Equivalents</I></B>&rdquo;
means (a)&nbsp;securities issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality
thereof (provided that the full faith and credit of the United States of America is pledged in support thereof) having maturities of not
more than twelve (12) months from the date of acquisition, (b)&nbsp;U.S. dollar denominated time deposits and certificates of deposit
of (i)&nbsp;any Lender, (ii)&nbsp;any domestic commercial bank of recognized standing having capital and surplus in excess of $500,000,000
or (iii)&nbsp;any bank whose short-term commercial paper rating from S&amp;P is at least A-2 or the equivalent thereof or from Moody&rsquo;s
is at least P-2 or the equivalent thereof (any such bank being an &ldquo;<B><I>Approved Bank</I></B>&rdquo;), in each case with maturities
of not more than two years from the date of acquisition, (c)&nbsp;commercial paper and variable or fixed rate notes issued by any Approved
Bank (or by the parent company thereof) or any variable rate commercial paper or notes issued by, or guaranteed by, any domestic corporation
rated A-2 (or the equivalent thereof) or better by S&amp;P or P-2 (or the equivalent thereof) or better by Moody&rsquo;s and maturing
within one year of the date of acquisition, (d)&nbsp;repurchase agreements with a bank or trust company (including any of the Lenders)
or recognized securities dealer having capital and surplus in excess of $500,000,000 for direct obligations issued by or fully guaranteed
by the United States of America in which any Consolidated Party shall have a perfected first priority security interest (subject to no
other Liens) and having, on the date of purchase thereof, a fair market value of at least 100% of the amount of the repurchase obligations
and (e)&nbsp;Investments, classified in accordance with GAAP as current assets, in money market investment programs registered under the
Investment Company Act of 1940, as amended, which are administered by reputable financial institutions having capital of at least $50,000,000
and the portfolios of which invest principally in Investments of the character described in the foregoing <B><I>subdivisions (a)</I></B>&nbsp;through
<B><I>(d)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>CBD or Urban
Infill Property</I></B>&rdquo; means (a)&nbsp;any Property listed on <B><I>Schedule 5.21</I></B> and identified as a CBD or Urban Infill
Property, and (b)&nbsp;any other improved Property which is located in markets with characteristics similar to those identified in <B><I>clause
(a)</I></B>&nbsp;and is designated by Administrative Agent and Borrower as a CBD or Urban Infill Property 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: 0.5in">&ldquo;<B><I>Certificate to
Accompany Request for Credit Extension</I></B>&rdquo; means a certificate substantially in the form of <B><I>Exhibit&nbsp;G</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Change in Law</I></B>&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, promulgation, implementation,
interpretation or application thereof by any Governmental Authority or (c)&nbsp;the making or issuance of any request, guideline or directive
(whether or not having the force of law) by any Governmental Authority (including, without limitation, all requests, rules, guidelines
or directives in connection with Dodd-Frank Wall Street Reform and Consumer Protection Act regardless of the date enacted, adopted or
issued). Notwithstanding the foregoing, for purposes of this Agreement, all requests, rules, guidelines or directives in connection with
the Dodd-Frank Wall Street Reform and Consumer Protection Act shall be deemed to be a Change in Law regardless of the date enacted, adopted,
implemented or issued and all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel
Committee on Banking Regulations and Supervisory Practices (or any successor or similar authority) or the United States financial regulatory
authorities shall be deemed to be a Change in Law regardless of the date adopted, issued, promulgated or implemented.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&ldquo;<B><I>Change of Control</I></B>&rdquo;
means: (a)&nbsp;an event or series of related events by which any &ldquo;<I>person</I>&rdquo; or &ldquo;<I>group</I>&rdquo; (as such terms
are used in <I>Sections 13(d)&nbsp;</I>and <I>14(d)</I>&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) becomes the &ldquo;<I>beneficial owner</I>&rdquo; (as defined in <I>Rules&nbsp;13d-3</I> and <I>13d-5</I> under the
Securities Exchange Act of 1934, except that a person or group shall be deemed to have &ldquo;<I>beneficial ownership</I>&rdquo; of all
securities that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage
of time (such right, an &ldquo;<B><I>option right</I></B>&rdquo;)), directly or indirectly, of 30% or more of the equity securities of
Borrower entitled to vote for members of the board of directors or equivalent governing body of Borrower on a fully-diluted basis (and
taking into account all such securities that such person or group has the right to acquire pursuant to any option right); or (b)&nbsp;an
event or series of events by which during any period of twelve (12) consecutive months, a majority of the members of the board of directors
or other equivalent governing body of 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 <B><I>clause (i)</I></B>&nbsp;above constituting at the time of such election or nomination at
least a majority of that board or equivalent governing body or (iii)&nbsp;whose election or nomination to that board or other equivalent
governing body was approved by individuals referred to in <B><I>clauses (i)</I></B>&nbsp;and <B><I>(ii)</I></B>&nbsp;above constituting
at the time of such election or nomination at least a majority of that board or equivalent governing body (in each case, such approval
either by a specific vote or by approval of Borrower&rsquo;s proxy statement in which such member was named as a nominee for election
as a 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; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Closing Date</I></B>&rdquo;
means the first date all the conditions precedent in <B><I>Section&nbsp;4.01</I></B> are satisfied or waived in accordance with <B><I>Section&nbsp;10.01</I></B>.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Collateral Account</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;2.03(o)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Commitment</I></B>&rdquo;
means, as to each Lender, its obligation to (a)&nbsp;make Loans to Borrower pursuant to <B><I>Section&nbsp;2.01</I></B> and <FONT STYLE="color: red; "><B><I><STRIKE>Section&nbsp;2.13</STRIKE></I></B><STRIKE>
and </STRIKE></FONT>(b)&nbsp;purchase participations in L/C Obligations, in an aggregate principal amount at any one time outstanding
not to exceed the amount set forth opposite such Lender&rsquo;s name on <B><I>Schedule 2.01</I></B> 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<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>, including to give effect to any reduction in the Aggregate
Commitments pursuant to <B><I>Section&nbsp;2.05</I></B></U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Compliance Certificate</I></B>&rdquo;
means a certificate substantially in the form of <B><I>Exhibit&nbsp;D</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Conforming Changes</I></B>&rdquo;
means, with respect to the use, administration of or any conventions associated with SOFR or any proposed Successor Rate, Daily Simple
SOFR, or Term SOFR, as applicable, any conforming changes to the definitions of &ldquo;<I>Base Rate</I>&rdquo;, &ldquo;<I>Daily Simple
SOFR</I>&rdquo;, &ldquo;<I>SOFR</I>&rdquo;, &ldquo;<I>Term SOFR</I>&rdquo;, and &ldquo;<I>Interest Period</I>&rdquo;, timing and frequency
of determining rates and making payments of interest and other technical, administrative or operational matters (including, for the avoidance
of doubt, the definitions of &ldquo;<I>Business Day</I>&rdquo; and &ldquo;<I>U.S. Government Securities Business Day</I>&rdquo;, timing
of borrowing requests or prepayment, conversion or continuation notices and length of lookback periods) as may be appropriate, in the
reasonable discretion of Administrative Agent, to reflect the adoption and implementation of such applicable rate(s)&nbsp;and to permit
the administration thereof by Administrative Agent in a manner substantially consistent with market practice (or, if Administrative Agent
determines that adoption of any portion of such market practice is not administratively feasible or that no market practice for the administration
of such rate exists, in such other manner of administration as Administrative Agent determines is reasonably necessary in connection with
the administration of this Agreement and any other 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"></P>

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

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Consolidated
Parties</I></B>&rdquo; means a collective reference to Borrower and its consolidated Subsidiaries, as determined in accordance with GAAP;
and &ldquo;<B><I>Consolidated Party</I></B>&rdquo; means any one of them. Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>
shall be deemed not included as Consolidated Parties under this Agreement and the Loan Documents<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
<I>provided that</I> the financial statements required to be delivered pursuant to <B><I>Sections 6.01(a)</I></B>&nbsp;and <B><I>(b)</I></B>&nbsp;may,
to the extent required by GAAP, be prepared on a consolidated basis that includes any Sponsored REITs</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Contractual Obligation</I></B>&rdquo;
means, as to any Person, any material provision of any material security issued by such Person or of any material 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">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Covered Entity</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;10.21(b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Credit Extension</I></B>&rdquo;
means each of the following: (a)&nbsp;a Borrowing and (b)&nbsp;an L/C Credit Extension.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>&ldquo;<B><I>Credit
Rating</I></B>&rdquo; means the rating assigned by a Rating Agency to Borrower or to senior unsecured long term Indebtedness of Borrower.</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: 0.5in">&ldquo;<B><I>Daily Simple
SOFR</I></B>&rdquo; means for any day a fluctuating rate <I>per annum </I>equal to (a)&nbsp;the SOFR published on the fifth (5th) U.S.
Government Securities Business Day preceding such day by the SOFR Administrator on the Federal Reserve Bank of New York&rsquo;s website
(or any successor source); <I>provided, however</I>, that if such day is not a U.S. Government Securities Business Day, then Daily Simple
SOFR means such rate so published on the fifth (5<SUP>th</SUP>) U.S. Government Securities Business Day preceding the first (1st) U.S.
Government Securities Business Day immediately prior thereto; <I>plus</I> (b)&nbsp;the Daily SOFR Adjustment. Notwithstanding anything
to the contrary contained herein, to the extent that, at any time, Daily Simple SOFR shall be less than zero percent (0.00%), Daily Simple
SOFR shall be deemed to be zero percent (0.00%) for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Daily SOFR Adjustment</I></B>&rdquo;
means 0.11448% (11.448 basis points).</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Daily SOFR Rate
Loan</I></B>&rdquo; means a Loan made hereunder with respect to which the interest rate is calculated by reference to Daily Simple SOFR.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Debtor Relief
Laws</I></B>&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">&nbsp;</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Default</I></B>&rdquo;
means any event or condition 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Default Rate</I></B>&rdquo;
means (a)&nbsp;when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i)&nbsp;the Base Rate
<I>plus</I> (ii)&nbsp;the Applicable Rate applicable to Base Rate Loans <I>plus</I> (iii)&nbsp;2% <I>per annum</I>; <I>provided</I>, <I>however</I>,
that with respect to a Term SOFR Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including the Applicable
Rate) otherwise applicable to such Loan plus 2% <I>per annum</I>, and (b)&nbsp;when used with respect to Letter of Credit Fees, a rate
equal to the Applicable Rate for <FONT STYLE="color: red; "><STRIKE>Loans</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Letters
of Credit</U></FONT> plus 2% <I>per annum</I>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Defaulting Lender</I></B>&rdquo;
means, subject to <B><I>Section&nbsp;2.15(b)</I></B>, any Lender that, as determined by Administrative Agent, (a)&nbsp;has failed to perform
any of its funding obligations hereunder, including in respect of its Loans or participations in respect of Letters of Credit, within
three Business Days of the date required to be funded by it hereunder unless such Lender notifies Administrative Agent or Borrower in
writing that such failure is the result of such Lender&rsquo;s determination that one or more conditions precedent to funding set forth
in <B><I>Section&nbsp;4.02</I></B> (each of which conditions precedent, together with any applicable default, shall be specifically identified
in writing) has not been satisfied, (b)&nbsp;has notified Borrower or Administrative Agent in writing that it does not intend to comply
with its funding obligations (unless such writing states that such position is based on such Lender&rsquo;s determination that a condition
precedent to funding in <B><I>Section&nbsp;4.02</I></B> (which condition precedent, together with any applicable default, shall be specifically
identified in such writing) cannot be satisfied), (c)&nbsp;has failed, within three Business Days after request by Administrative Agent,
to confirm in a manner satisfactory to Administrative Agent that it will comply with its funding obligations, or (d)&nbsp;has, or has
a direct or indirect parent company that has, (i)&nbsp;become the subject of a proceeding under any Debtor Relief Law, (ii)&nbsp;had a
receiver, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or
liquidation of its business or a custodian appointed for it including the Federal Deposit Insurance Corporation or any other state or
federal regulatory authority acting in such capacity, (iii)&nbsp;taken any action in furtherance of, or indicated its consent to, approval
of or acquiescence in any such proceeding or appointment, or (iv)&nbsp;become the subject of a Bail-In Action; provided that a Lender
shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct
or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender
with immunity from the jurisdiction of courts within the United States 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 Administrative Agent that a Lender is a Defaulting Lender under any one or more of <B><I>clauses
(a)</I></B>&nbsp;through <B><I>(d)</I></B>&nbsp;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 <B><I>Section&nbsp;2.15(b)</I></B>) as of the date
established therefor by Administrative Agent in a written notice of such determination, which shall be delivered by Administrative Agent
to Borrower, each L/C Issuer and each other Lender promptly following such 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: 0.5in">&ldquo;<B><I>Designated Jurisdiction</I></B>&rdquo;
means any country or territory to the extent that such country or territory itself is the subject of any Sanction.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Disposition</I></B>&rdquo;
or &ldquo;<B><I>Dispose</I></B>&rdquo; means the sale, transfer, license, lease (including any ground lease) or other disposition (including
any sale and leaseback transaction but excluding any real estate space lease made in a property by a Person in the normal course of such
Person&rsquo;s business operations) of any property 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. For the avoidance of doubt, any assignment
or other disposition for collateral or security purposes shall not constitute a Disposition under 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"><FONT STYLE="background-color: lightgrey"></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Dividing Person</I></B>&rdquo;
has the meaning assigned to it in the definition of &ldquo;<I>Division.</I>&rdquo;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Division</I></B>&rdquo;
means the division of the assets, liabilities and/or obligations of a Person (the &ldquo;<B><I>Dividing Person</I></B>&rdquo;) among two
or more Persons (whether pursuant to a &ldquo;plan of division&rdquo; or similar arrangement), which may or may not include the Dividing
Person and pursuant to which the Dividing Person may or may not survive.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Dollar</I></B>&rdquo;
and &ldquo;<B><I>$</I></B>&rdquo; mean lawful money of 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: 0.5in">&ldquo;<B><I>EBITDA</I></B>&rdquo;
means for the Consolidated Parties, for the most recently ended fiscal quarter of Borrower, without duplication, the <I>sum</I> of (a)&nbsp;net
income of the Consolidated Parties, in each case, excluding any non-recurring or extraordinary gains and losses and Hedge Ineffectiveness
for such period (but including syndication fees), <I>plus</I> (b)&nbsp;an amount which, in the determination of net income for such period
pursuant to <B><I>clause (a)</I></B>&nbsp;above, has been deducted for or in connection with (i)&nbsp;Interest Expense (<I>plus</I>, amortization
of deferred financing costs, to the extent included in the determination of Interest Expense per GAAP), (ii)&nbsp;income taxes, and (iii)&nbsp;depreciation
and amortization, all determined in accordance with GAAP for the prior quarter <I>plus</I> (c)&nbsp;the Consolidated Parties&rsquo; Equity
Percentage of the above attributable to Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>EEA Financial
Institution</I></B>&rdquo; means (a)&nbsp;any credit institution or investment firm established in any EEA Member Country which is subject
to the supervision of an EEA Resolution Authority, (b)&nbsp;any entity established in an EEA Member Country which is a parent of an institution
described in <B><I>clause (a)</I></B>&nbsp;of this definition, or (c)&nbsp;any financial institution established in an EEA Member Country
which is a Subsidiary of an institution described in <B><I>clauses (a)</I></B>&nbsp;or <B><I>(b)</I></B>&nbsp;of this definition and is
subject to consolidated supervision with its parent.</P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Eligible Assignee</I></B>&rdquo;
means any Person that meets the requirements to be an assignee under <B><I>Section&nbsp;10.06(b)(iii)</I></B>, and <B><I>(v)</I></B>&nbsp;(subject
to such consents, if any, as may be required under <B><I>Section&nbsp;10.06(b)(iii)</I></B>).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Eligible Unencumbered
Property Pool</I></B>&rdquo; means, collectively, Properties of Borrower and its Wholly-Owned Subsidiaries and any 1031 Intermediary (other
than unimproved land) each of which Properties meets the following criteria:</P>

<P STYLE="font: 10pt Times New 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
Property is 100% fee owned (or ground leased) by Borrower or any Wholly-Owned Subsidiary or any 1031 Intermediary (ground leases to be
Financeable Ground Leases approved by Administrative Agent in its reasonable discretion, provided, however, that ground leases of real
property ancillary to the primary use of a Property (such as a ground lease of parking facilities ancillary to a Property owned in fee
by a Borrower) shall not require approval by Administrative Agent);</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Property is primarily an industrial, office, flex, or apartment property;</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Property is located in the continental 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Property or ownership thereof is not subject to any Liens or Negative Pledges except for liens (and under documents related thereto) specified
in <B><I>subsections (i)-(v)</I></B>, inclusive, of the definition of Permitted Liens and the owner of the Property does not have any
Recourse Indebtedness (unless such owner is Borrower);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
owner of the Property has the right to sell, transfer or dispose of such Property, provided that if any such Property is subject to a
Financeable Ground Lease approved by Administrative Agent the owner shall be deemed to have the right to sell, transfer or dispose of
such Property if the lessor is required to approve of or consent to any sale, transfer or disposition based on reasonable objective criteria
as to the creditworthiness or line of business of the transferee or delivery of customary assignment and assumption agreements from the
transferor and transferee; 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">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Property is free of all structural defects or major architectural deficiencies, title defects, Environmental Liability or other adverse
matters that would materially impair the value of the 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: 0.5in">&ldquo;<B><I>Environmental
Complaint</I></B>&rdquo; means any complaint, order, demand, citation or notice threatened or issued in writing to any Consolidated Party
by any Governmental Authority with regard to Releases or noise emissions in violation of Environmental Laws or any other alleged violation
of Environmental Laws affecting any Consolidated Party or any of their respective Properties.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Laws</I></B>&rdquo; means any and all federal, state and local statutes, laws, regulations, ordinances, governmental restrictions, rules&nbsp;and
judgments, orders or decrees of any Governmental Authority with jurisdiction over the Property of a Consolidated Party relating to pollution
and the protection of the environment from contamination by, 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Environmental
Liability</I></B>&rdquo; means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation,
fines, penalties or indemnities), of any Consolidated Party directly or indirectly resulting from or based upon (a)&nbsp;violation of
any Environmental Law, (b)&nbsp;the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials
on or from the Property of a Consolidated Party, or (c)&nbsp;the release or threatened release of any Hazardous Materials into the environment
from a Property of a Consolidated 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: 0.5in">&ldquo;<B><I>Equity Interests</I></B>&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, all of the securities convertible into or exchangeable for 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 nonvoting, 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">&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">&ldquo;<B><I>Equity Percentage</I></B>&rdquo;
means, with respect to any Person, the aggregate ownership percentage of such Person in each Unconsolidated Affiliate, which shall be
calculated as follows: (a)&nbsp;for calculation of Indebtedness or liabilities, such Person&rsquo;s nominal capital ownership interest
in the Unconsolidated Affiliate as set forth in the Unconsolidated Affiliate&rsquo;s organizational documents, or, if greater, the amount
or percentage of such items allocated to such Person, or for which such Person is directly or indirectly responsible, pursuant to the
terms of the applicable joint venture agreement (or similar governing agreement) or applicable Law and (b)&nbsp;for all other purposes,
the greater of (i)&nbsp;such Person&rsquo;s nominal capital ownership interest in the Unconsolidated Affiliate as set forth in the Unconsolidated
Affiliate&rsquo;s organizational documents, and (ii)&nbsp;such Person&rsquo;s economic ownership interest in the Unconsolidated Affiliate,
reflecting such Person&rsquo;s share of income and expenses of the Unconsolidated Affiliate.</P>

<P STYLE="font: 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: 0.5in">&ldquo;<B><I>ERISA</I></B>&rdquo;
means the Employee Retirement Income Security Act of 1974, as amended.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>ERISA Affiliate</I></B>&rdquo;
means any trade or business (whether or not incorporated) under common control with Borrower within the meaning of <I>Section&nbsp;414(b)</I>&nbsp;or
<I>(c)</I>&nbsp;of the Code (and <I>Sections 414(m)</I>&nbsp;and <I>(o)</I>&nbsp;of the Code for purposes of provisions relating to <I>Section&nbsp;412</I>
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: 0.5in">&ldquo;<B><I>ERISA Event</I></B>&rdquo;
means (a)&nbsp;a Reportable Event with respect to a Pension Plan; (b)&nbsp;the withdrawal of Borrower or any ERISA Affiliate from a Pension
Plan subject to <I>Section&nbsp;4063</I> of ERISA during a plan year in which such entity was a &ldquo;<I>substantial employer</I>&rdquo;
as defined in <I>Section&nbsp;4001(a)(2)</I>&nbsp;of ERISA or a cessation of operations that is treated as such a withdrawal under <I>Section&nbsp;4062(e)</I>&nbsp;of
ERISA; (c)&nbsp;a complete or partial withdrawal by Borrower or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer
Plan is insolvent; (d)&nbsp;the filing of a notice of intent to terminate, the treatment of a Pension Plan amendment as a termination
under <I>Section&nbsp;4041</I> or <I>4041A</I> of ERISA; (e)&nbsp;the institution by the PBGC of proceedings to terminate a Pension Plan;
(f)&nbsp;any event or condition which constitutes grounds under <I>Section&nbsp;4042</I> of ERISA for the termination of, or the appointment
of a trustee to administer, any Pension Plan; (g)&nbsp;the determination that any Pension Plan is considered an at-risk plan or a plan
in endangered or critical status within the meaning of <I>Sections 430</I>, <I>431</I> and <I>432</I> of the Code or <I>Sections 303</I>,
<I>304</I> and <I>305</I> of ERISA; or (h)&nbsp;the imposition of any liability under <I>Title IV</I> of ERISA, other than for PBGC premiums
due but not delinquent under <I>Section&nbsp;4007</I> of ERISA, upon Borrower or any ERISA Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>EU Bail-In Legislation
Schedule</I></B>&rdquo; means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person),
as in effect from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Event of Default</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;8.01</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Excluded Subsidiary</I></B>&rdquo;
means, as of any date of determination, (a)&nbsp;any Subsidiary that is not a Wholly-Owned Subsidiary of Borrower, (b)&nbsp;any Subsidiary
that is an Immaterial Subsidiary, and (c)&nbsp;any Subsidiary (i)&nbsp;that holds title to assets which are collateral for any Secured
Indebtedness of such Subsidiary or which is a Subsidiary that is a single asset entity and has incurred or assumed Nonrecourse Indebtedness;
and (ii)&nbsp;which is prohibited from guarantying or otherwise being liable for the Indebtedness of any other person pursuant to (x)&nbsp;any
document, instrument or agreement evidencing such Secured Indebtedness or Nonrecourse Indebtedness or (y)&nbsp;a provision of such Subsidiary&rsquo;s
organizational documents which provision was included in such Subsidiary&rsquo;s organizational documents as a condition to the extension
of such Secured Indebtedness or Nonrecourse 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: 0.5in">&ldquo;<B><I>Excluded Taxes</I></B>&rdquo;
means, with respect to Administrative Agent, any Lender, any L/C Issuer or any other recipient of any payment to be made by or on account
of any obligation of Borrower hereunder, (a)&nbsp;Taxes imposed on or measured by its overall net income (however denominated), franchise
Taxes imposed on it (in addition to or in lieu of net income Taxes) and branch profits Taxes, by the jurisdiction (or any political subdivision
thereof) under the Laws of which such recipient is organized or in which its principal office is located or, in the case of any Lender,
in which its applicable Lending Office is located or by any jurisdiction as a result of a present or former connection between such recipient
and the jurisdiction imposing such Tax (or any political subdivision thereof), other than any such connection arising solely from such
recipient having executed, delivered or performed its obligations or received a payment under, or enforced, this Agreement or any other
Loan Document, (b)&nbsp;any backup withholding Tax that is required by the Code to be withheld from amounts payable to a Lender that has
failed to comply with <B><I>Section&nbsp;3.01(e)</I></B>, (c)&nbsp;in the case of a Foreign Lender (other than an assignee pursuant to
a request by Borrower under <B><I>Section&nbsp;10.13</I></B>), any withholding Tax that (i)&nbsp;is required to be imposed on amounts
payable to such Foreign Lender pursuant to the Laws in force at the time such Foreign Lender becomes a party hereto (or designates a new
Lending Office) or (ii)&nbsp;is attributable to such Foreign Lender&rsquo;s failure or inability (other than as a result of a Change in
Law) to comply with <B><I>Section&nbsp;3.01(e)</I></B>, except to the extent that such Foreign Lender (or its assignor, if any) was entitled,
at the time of designation of a new Lending Office (or assignment), to receive additional amounts from Borrower with respect to such withholding
Tax pursuant to <B><I>Section&nbsp;3.01(a)(ii)</I></B>&nbsp;or <B><I>(c)</I></B>&nbsp;and (d)&nbsp;any Taxes imposed under FATCA.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Extended Revolving
Credit Commitment</I></B>&rdquo; means any Commitments the maturity of which shall have been extended pursuant to <B><I>Section&nbsp;2.16</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Extended Revolving
Loans</I></B>&rdquo; means any Loans made pursuant to the Extended Revolving Credit Commitments.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Extending Lender</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;2.16(e)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Extension</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;2.16(a)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Extension Amendment</I></B>&rdquo;
means an amendment to this Agreement (which may, at the option of Administrative Agent and Borrower, be in the form of an amendment and
restatement of this Agreement) among Borrower, the applicable Extending Lenders, Administrative Agent and, to the extent required by <B><I>Section&nbsp;2.16</I></B>,
the L/C Issuers implementing an Extension in accordance with <B><I>Section&nbsp;2.16</I></B><I>.</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Extension Offer</I></B>&rdquo;
has the meaning specified in <FONT STYLE="color: red; "><B><I><STRIKE>Section&nbsp;2.16(a)</STRIKE></I></B><STRIKE>.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: red; "><STRIKE>&ldquo;<B><I>Facility
Fee</I></B>&rdquo; is defined in</STRIKE></FONT> <B><I>Section&nbsp;<FONT STYLE="color: red; "><STRIKE>2.08</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>2.16</U></FONT>(a)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>FASB ASC</I></B>&rdquo;
means the Accounting Standards Codification of the Financial Accounting Standards Board.</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Federal Funds
Rate</I></B>&rdquo; means, for any day, the rate <I>per annum</I> calculated by the Federal Reserve Bank of New York based on such day&rsquo;s
federal funds transactions by depository institutions (as determined in such manner as the Federal Reserve Bank of New York shall set
forth on its public website from time to time) and published on the next succeeding Business Day by the Federal Reserve Bank of New York
as the federal funds effective rate; <I>provided that</I> if the Federal Funds Rate as so determined would be less than zero, such rate
shall be deemed to be zero for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Fee Letters</I></B>&rdquo;
means those certain letter agreements by and among Borrower, Administrative Agent and/or one or more Arrangers; and &ldquo;<B><I>Fee Letter</I></B>&rdquo;
means any one of the Fee Letters.</P>

<P STYLE="font: 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; color: red"><FONT STYLE=""><STRIKE>&ldquo;<B><I>FFO
Distribution Allowance</I></B>&rdquo; means, for any fiscal year of the Consolidated Parties, an amount equal to Borrower&rsquo;s good
faith estimate of 95% of its projected Funds From Operations of the Consolidated Parties for such fiscal year.</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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Financeable Ground
Lease</I></B>&rdquo; means, a ground lease that provides protections for a potential leasehold mortgagee (&ldquo;<B><I>Mortgagee</I></B>&rdquo;)
which include, among other things (a)&nbsp;a remaining term, including any optional extension terms exercisable unilaterally by the tenant,
of no less than twenty-five (25) years from the Closing Date, (b)&nbsp;that the ground lease will not be terminated until the Mortgagee
has received notice of a default, has had a reasonable opportunity to cure or complete foreclosure, and has failed to do so, (c)&nbsp;provision
for a new lease on the same terms to the Mortgagee as tenant if the ground lease is terminated for any reason or other protective provisions
reasonably acceptable to Administrative Agent, (d)&nbsp;non-merger of the fee and leasehold estates, (e)&nbsp;transferability of the tenant&rsquo;s
interest under the ground lease without any requirement for consent of the ground lessor unless based on reasonable objective criteria
as to the creditworthiness or line of business of the transferee or delivery of customary assignment and assumption agreements from the
transferor and transferee, and (f)&nbsp;that insurance proceeds and condemnation awards from the leasehold interest will be applied pursuant
to the terms of the applicable leasehold mortgage.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>First
Amendment Effective Date</I></B>&rdquo; means February&nbsp;10, 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: justify; text-indent: 0.5in">&ldquo;<B><I>Fixed Charges</I></B>&rdquo;
means, for the Consolidated Parties, for the most recently ended fiscal quarter of Borrower, without duplication, the sum of (a)&nbsp;Interest
Expense, plus (b)&nbsp;scheduled principal payments on Indebtedness, exclusive of (i)&nbsp;any voluntary prepayments made by a Consolidated
Party and (ii)&nbsp;balloon, bullet or similar principal payments which repay Indebtedness in full, plus (c)&nbsp;Preferred Dividends
paid during such period, if any, plus the Consolidated Parties&rsquo; Equity Percentage of the above <B><I>clauses (a)</I></B>&nbsp;and
<B><I>(b)</I></B>&nbsp;for Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Foreign Lender</I></B>&rdquo;
means any Lender that is organized under the Laws of a jurisdiction other than that in which Borrower is resident for tax purposes (including
such a Lender when acting in the capacity of an L/C Issuer) or any other Lender that is not a &ldquo;<I>United States Person</I>&rdquo;
within the meaning of <I>Section&nbsp;7701(a)(30)</I> of the Code. 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">&nbsp;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Fronting Exposure</I></B>&rdquo;
means, at any time when there is a Defaulting Lender, with respect to any L/C Issuer, such Defaulting Lender&rsquo;s Applicable Percentage
of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender&rsquo;s participation obligation has
been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Fully Satisfied</I></B>&rdquo;
means, with respect to the Obligations as of any date, that, as of such date, (a)&nbsp;all principal of and interest accrued to such date
which constitute Obligations shall have been paid in full in cash, and (b)&nbsp;all fees, expenses and other amounts then due and payable
which constitute Obligations shall have been paid in 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: 0.5in">&ldquo;<B><I>Fund</I></B>&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 activities.</P>

<P STYLE="font: 10pt Times New Roman, 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"><FONT STYLE=""><STRIKE>&ldquo;<B><I>Funds
From Operations</I></B>&rdquo; means, for any period, net income or loss (computed in accordance with GAAP) of the Consolidated Parties,
excluding gains (or losses) from sales of property, Hedge Ineffectiveness, acquisition costs of newly acquired properties that are not
capitalized and lease acquisition cost that are not capitalized, <I>plus </I>depreciation and amortization, including amortization of
acquired above and below market lease intangibles and impairment charges on mortgage loans, properties or investments in Sponsored REITS,
and after adjustments to exclude equity in income or losses from, and, to include the proportionate share of funds from operations from
Sponsored REITS.</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"><FONT STYLE="background-color: lightgrey"></FONT></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Guarantee</I></B>&rdquo;
means, as to any Person, (a)&nbsp;any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of
guaranteeing any Indebtedness of another Person (the &ldquo;<B><I>primary obligor</I></B>&rdquo;) in any manner, whether directly or indirectly,
and including any obligation of such Person, direct or indirect, (i)&nbsp;to purchase or pay (or advance or supply funds for the purchase
or payment of) such Indebtedness, (ii)&nbsp;to purchase or lease property, securities or services for the purpose of assuring the obligee
in respect of such Indebtedness or the payment or performance of such Indebtedness, (iii)&nbsp;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 (iv)&nbsp;entered into for the purpose of assuring in any other manner the obligee in respect of
such Indebtedness the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part),
or (b)&nbsp;any Lien on any assets of such Person securing any Indebtedness of any other Person, whether or not such Indebtedness 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 as determined by the guaranteeing Person in good faith. The term &ldquo;<I>Guarantee</I>&rdquo; as a verb has a corresponding
meaning.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Hazardous Materials</I></B>&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 similar 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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Hedge Ineffectiveness</I></B>&rdquo;
means any amount recorded as hedge ineffectiveness in accordance with ASC 815 under GAAP related to any loan and any Swap Contract.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Immaterial Subsidiary</I></B>&rdquo;
means as of any date of determination, any Subsidiary holding assets (excluding earnest money deposits for the purchase of real estate)
which contribute less than $100,000 to Total Asset Value. Any Subsidiary formed for the purpose of purchasing real estate shall be deemed
to be an Immaterial Subsidiary prior to purchase of such real estate and regardless of the amount of any earnest money deposit funded
in connection therewith.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&ldquo;<B><I>Indebtedness</I></B>&rdquo;
means, without duplication, all obligations of the following types:</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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
obligations for borrowed money and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments
(including the<FONT STYLE="color: red"><STRIKE>&nbsp;BoA</STRIKE></FONT> Loan Documents, the BMO Loan Documents and the Senior Unsecured
Notes);</P>

<P STYLE="font: 10pt Times New 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;all
direct or contingent obligations under letters of credit (including standby and commercial), bankers&rsquo; acceptances and similar instruments
(including bank guaranties, surety bonds, comfort letters, keep-well agreements and capital maintenance agreements) to the extent such
instruments or agreements support financial, rather than performance, obligations;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
net obligation under any Swap Contract, the amount of which on any date shall be deemed to be the Swap Termination Value thereof as of
such date;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
obligations to pay the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
capital lease or Synthetic Lease Obligation, the amount of which as of any date shall be deemed to be the amount of Attributable Indebtedness
in respect thereof as of such date;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
obligations to purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in such Person or any
other Person, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference
plus accrued and unpaid dividends, provided, the foregoing shall be excluded from Indebtedness if the obligation is neither scheduled
nor permitted to become due and payable on or prior to the date on which the Obligations are scheduled to be due and payable in full;
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">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;without
duplication, all Guarantees in respect of any of the foregoing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For all purposes hereof, the
Indebtedness shall include the Indebtedness of any partnership or Joint Venture (other than a Joint Venture that is itself a corporation,
limited partnership or limited liability company) in which a Person is a general partner or a joint venturer, unless such Indebtedness
is Nonrecourse Indebtedness. Indebtedness shall not include the Indebtedness of Sponsored REITs or the value of Hedge Ineffectiveness.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Indemnified Taxes</I></B>&rdquo;
means Taxes other than (i)&nbsp;Excluded Taxes and (ii)&nbsp;to the extent not otherwise described in <B><I>clause (i)</I></B>, Other
Taxes imposed under non-US Law rather than US 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: 0.5in">&ldquo;<B><I>Indemnitees</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;10.04(b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Information</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;10.07</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Intangible Assets</I></B>&rdquo;
means goodwill, the purchase price of acquired assets in excess of fair market value thereof, trademarks, trade names, service marks,
brand names, copyrights, patents and licenses, and rights with respect to 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: 0.5in">&ldquo;<B><I>Interest Expense</I></B>&rdquo;
means for the Consolidated Parties, without duplication, total interest expense incurred (in accordance with GAAP), including capitalized
interest plus the Consolidated Parties&rsquo; Equity Percentage of the same for Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&ldquo;<B><I>Interest Payment
Date</I></B>&rdquo; means, (a)&nbsp;as to any Daily SOFR Rate Loan or Base Rate Loan, the last Business Day of each calendar month and
the Maturity Date; and (b)&nbsp;as to any Term SOFR Rate Loan, the last day of each Interest Period applicable to such Term SOFR Loan
and the Maturity Date; <I>provided, however</I>, that if any Interest Period for a Term SOFR 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.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Interest Period</I></B>&rdquo;
means, as to any Term SOFR Rate Loan, the period commencing on the date such Term SOFR Rate Loan is disbursed or converted to or continued
as a Term SOFR Rate Loan and ending on the date one, three, or six months thereafter, as selected by Borrower in its Loan Notice (in the
case of each requested Interest Period, subject to availability); <I>provided that</I>:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless,
in the case of a Term SOFR Rate Loan, such Business Day falls in another calendar month, in which case such Interest Period shall end
on the next preceding Business Day;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Interest Period pertaining to a Term SOFR Rate Loan that begins on the last 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 Business Day of the
calendar month at the end of such Interest 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
Interest Period shall extend beyond the Maturity Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Internal Control
Event</I></B>&rdquo; means fraud that involves the officers of Borrower listed in <B><I>clause (a)</I></B>&nbsp;of the definition of &ldquo;<I>Responsible
Officer</I>&rdquo; who have control over financial reporting, as described in 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: 0.5in">&ldquo;<B><I>Investment</I></B>&rdquo;
means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a)&nbsp;the purchase or
other acquisition of capital stock or other securities of another Person, (b)&nbsp;a loan, advance or capital contribution to, Guarantee
or assumption of debt of, or purchase or other acquisition of any other debt or equity participation or interest in another Person, including
any partnership or joint venture interest in such other Person and any arrangement pursuant to which the investor Guarantees Indebtedness
of such other Person, or (c)&nbsp;the purchase or other acquisition (in one transaction or a series of transactions) of assets of another
Person that constitute a business unit. 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">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>ISP</I></B>&rdquo;
means, with respect to any Letter of Credit, the &ldquo;<I>International Standby Practices 1998</I>&rdquo; published by the Institute
of International Banking Law&nbsp;&amp; Practice,&nbsp;Inc. (or such later version thereof as may be in effect at the time of issuance).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Issuer Documents</I></B>&rdquo;
means with respect to any Letter of Credit, the Letter of Credit Application, and any other document, agreement and instrument entered
into by the applicable L/C Issuer and Borrower or in favor of such L/C Issuer and relating to such Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Joint Venture</I></B>&rdquo;
shall mean any Person in which a Consolidated Party owns an Equity Interest, but that is not a Wholly-Owned Subsidiary of such Consolidated
Party. Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>
shall not be Joint Ventures.</P>

<P STYLE="font: 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">&ldquo;<B><I>Joint Venture
Projects</I></B>&rdquo; shall mean all Projects with respect to which a Consolidated Party holds, directly or indirectly, an interest
that is less than 100%. Projects owned by Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>
shall not be Joint Venture Projects.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Laws</I></B>&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>L/C Advance</I></B>&rdquo;
means, with respect to each Lender, such Lender&rsquo;s funding of its participation in any L/C Borrowing in accordance with its Applicable
Percentage.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>L/C Borrowing</I></B>&rdquo;
means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or
refinanced as a Borrowing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>L/C Commitment</I></B>&rdquo;
means, with respect to each L/C Issuer, the commitment of such L/C Issuer to issue Letters of Credit hereunder. The initial amount of
each L/C Issuer&rsquo;s <FONT STYLE="color: red; "><STRIKE>Letter of Credit</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L/C</U></FONT>
Commitment is set forth on <B><I>Schedule 2.01</I></B>, or if an L/C Issuer has entered into an Assignment and Assumption or has otherwise
assumed a <FONT STYLE="color: red; "><STRIKE>Letter of Credit</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L/C</U></FONT>
Commitment after the Closing Date, the amount set forth for such L/C Issuer as its <FONT STYLE="color: red; "><STRIKE>Letter
of Credit</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L/C</U></FONT> Commitment in the Register maintained
by Administrative Agent. The <FONT STYLE="color: red; "><STRIKE>Letter of Credit</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>L/C</U></FONT>
Commitment of an L/C Issuer may be modified from time to time by agreement between such L/C Issuer and Borrower, and notified to Administrative
Agent. <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>If Borrower permanently reduces the Aggregate Commitments pursuant to
<B><I>Section&nbsp;2.05(a)</I></B>&nbsp;and upon the mandatory reduction of the Aggregate Commitments pursuant to <B><I>Section&nbsp;2.05(b)</I></B>,
the aggregate L/C Commitments and the L/C Commitment of each L/C Issuer shall be reduced by the same proportion on a pro rata basis.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>L/C Credit Extension</I></B>&rdquo;
means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount
thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>L/C Issuers</I></B>&rdquo;
means each of Bank of America, JPMorgan Chase Bank, N.A., Bank of Montreal and each other Lender (if any) as Borrower may from time to
time select as an L/C Issuer hereunder pursuant to <B><I>Section&nbsp;2.03</I></B> and any successor issuer of Letters of Credit hereunder
(it being understood that any additional or successor L/C Issuer shall have agreed to become an L/C Issuer hereunder), each in their capacity
as issuer of Letters of Credit hereunder; and &ldquo;<B><I>L/C Issuer</I></B>&rdquo; means any one of the L/C Issuers. Any L/C Issuer
may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of such L/C Issuer, in which case the term
 &ldquo;L/C Issuer&rdquo; shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>L/C Obligations</I></B>&rdquo;
means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate
of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter
of Credit, the amount of such Letter of Credit shall be determined in accordance with <B><I>Section&nbsp;1.06</I></B>. For all purposes
of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder
by reason of the operation of <I>Rule&nbsp;3.14</I> of the ISP, such Letter of Credit shall be deemed to be &ldquo;<B><I>outstanding</I></B>&rdquo;
in the amount so remaining available to be drawn.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Lender</I></B>&rdquo;
means each lender from time to time party hereto as a result of (i)&nbsp;such party&rsquo;s execution of this Agreement as a &ldquo;<B><I>Lender</I></B>&rdquo;
as of the Closing Date or (ii<FONT STYLE="color: red; "><STRIKE>)&nbsp;such party&rsquo;s execution by joinder of
an amendment to this Agreement to increase the Aggregate Commitments pursuant to <B><I>Section&nbsp;2.13</I></B>, pursuant to which joinder
such party agrees to be bound by the terms of this Agreement as a &ldquo;<B><I>Lender</I></B>&rdquo; or (iii</STRIKE></FONT>)&nbsp;such
party being made a &ldquo;<B><I>Lender</I></B>&rdquo; hereunder by virtue of an executed Assignment and Assumption.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Lending Office</I></B>&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 Borrower and Administrative Agent, which office may include any
Affiliate of such Lender or any domestic or foreign branch of such Lender or such Affiliate. Unless the context otherwise requires each
reference to a Lender shall include its applicable Lending Office.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Letter of Credit</I></B>&rdquo;
means any standby letter of credit issued 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: 0.5in">&ldquo;<B><I>Letter of Credit
Application</I></B>&rdquo; means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time
to time in use by the applicable L/C Issuer.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Letter of Credit
Fee</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;2.03(j)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Letter of Credit
Sublimit</I></B>&rdquo; means an amount up to 10% of the Aggregate Commitments. The Letter of Credit Sublimit is part of, and not in addition
to, the Aggregate Commitments.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Leverage Increase
Period</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;7.10(b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Leverage Ratio</I></B>&rdquo;
means, at any time, Total Indebtedness divided by the Total Asset Value, expressed as a percentage.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Lien</I></B>&rdquo;
means any mortgage, pledge, hypothecation, assignment for security, encumbrance, lien (statutory or other excepting any liens for taxes
not yet due and payable), charge, or other security interest or preferential arrangement in the nature of a security interest of any kind
or nature whatsoever (including any conditional sale or other title retention agreement, any other encumbrance on title to or ownership
of real property securing the payment of money, and any financing lease having substantially the same economic effect as any of the foregoing).</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Loan Documents</I></B>&rdquo;
means this Agreement, each Note, each Issuer Document, any agreement, if any, creating or perfecting rights in Cash Collateral pursuant
to the provisions of <B><I>Section&nbsp;2.14</I></B> of this Agreement, any Subsidiary Guaranty issued pursuant to <B><I>Section&nbsp;6.12</I></B>,
and any other documents, instruments or agreements executed and delivered by Borrower pursuant to the foregoing, including, without limitation,
the Fee Letters. For the avoidance of doubt, a Swap Contract is not a 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: 0.5in">&ldquo;<B><I>Loan Notice</I></B>&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 Term
SOFR Loans, which, shall be substantially in the form of <B><I>Exhibit&nbsp;A</I></B>, or such other form as may be approved by Administrative
Agent (including any form on an electronic platform or electronic transmission system as shall be approved by Administrative Agent) (provided
that any such form does not contain a reaffirmation of representations upon a conversion from one Type of Loan to another or upon the
continuation of a Loan), appropriately completed and signed by a Responsible Officer of 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: 0.5in">&ldquo;<B><I>Loan Parties</I></B>&rdquo;
means, collectively, Borrower and each Subsidiary Guarantor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Material Adverse
Effect</I></B>&rdquo; means (a)&nbsp;a material adverse change in, or a material adverse effect on, the operations, business, properties
or financial condition of the Consolidated Parties (including without limitation, Borrower), taken as a whole; (b)&nbsp;a material impairment
of the rights and remedies of Administrative Agent or any Lender under any Loan Documents or of the ability of Borrower and the Subsidiary
Guarantors, taken as a whole, to perform their obligations under the Loan Documents to which they are a party; or (c)&nbsp;a material
adverse effect upon the legality, validity, binding effect or enforceability against Borrower or any Subsidiary Guarantor of any Loan
Document to which it is a party.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Material
Credit Facility</I></B>&rdquo; means, as to Borrower and its Subsidiaries,</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
BMO Loan Documents, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancing thereof;</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Senior Unsecured Notes, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancing thereof;
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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other agreement(s)&nbsp;creating or evidencing indebtedness for borrowed money (other than Nonrecourse Indebtedness) entered into on or
after the First Amendment Effective Date by Borrower or any Subsidiary, or in respect of which Borrower or any Subsidiary is an obligor
or otherwise provides a guarantee or other credit support (&ldquo;<B><I>Credit Facility</I></B>&rdquo;), in a principal amount outstanding
or available for borrowing equal to or greater than $150,000,000 (or the equivalent of such amount in the relevant currency of payment,
determined as of the date of the closing of such facility based on the exchange rate of such other currency); and if no Credit Facility
or Credit Facilities equal or exceed such amounts, then the largest Credit Facility shall be deemed to be a Material Credit Facility.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Maturity Date</I></B>&rdquo;
means <FONT STYLE="color: red; "><STRIKE>January&nbsp;12</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>October&nbsp;1</U></FONT>,
2024.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<B><I>Monthly
Reporting Package</I></B>&rdquo; means a financial reporting package in a format reasonably acceptable to Administrative Agent that includes
a cash balance for the Consolidated Parties for the period then ended and the following information with respect to Properties in the
Eligible Unencumbered Property Pool:</U></FONT></P>

<P STYLE="font: 10pt Times New 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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a
list of each Property&rsquo;s current and projected 12-month occupancy with notes and/or a commentary section that includes updates on
leasing information particularly covering major tenants (leases with over $500,000 in annualized rent) with leases expiring in next 24
months, any material new leases or amounts in arrears;</U></FONT></P>

<P STYLE="font: 10pt Times New 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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;commentary
noting any material deviations to original budgeted costs including tenant improvements, leasing commissions and building costs; 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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;updated
sales progress for each Property that is listed for sale in the market using broker and internal information including the broker, number
of interested parties, number of viewings, price ranges, address, estimated sale price, probable timeline, comments regarding status of
the sale, and contract details for those under contract (including the sale price, anticipated closing date, and hard money deposit amount).</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Moody&rsquo;s</I></B>&rdquo;
means Moody&rsquo;s Investors Service,&nbsp;Inc. 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: 0.5in">&ldquo;<B><I>Mortgage</I></B>&rdquo;
shall mean (a)&nbsp;any mortgage, deed of trust, deed to secure debt or similar security instrument (regardless of priority) made or to
be made by any entity or person owning an interest in real estate granting a lien on such interest in real estate as security for the
payment of Indebtedness and (b)&nbsp;any mezzanine indebtedness relating to such real estate interest and secured by the Equity Interests
of the direct or indirect owner of such real estate 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"><FONT STYLE="background-color: lightgrey"></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Multiemployer
Plan</I></B>&rdquo; means any employee benefit plan of the type described in <I>Section&nbsp;4001(a)(3)</I>&nbsp;of ERISA and subject
to <I>Title IV</I> of ERISA, to which Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding
five plan years, has made or been obligated to make contributions.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Multiple Employer
Plan</I></B>&rdquo; means a Plan which has two or more contributing sponsors (including Borrower or any ERISA Affiliate) at least two
of whom are not under common control, as such a plan is described in <I>Section&nbsp;4064</I> of ERISA and subject to <I>Title IV</I>
of ERISA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Negative Pledge</I></B>&rdquo;
shall mean with respect to a given asset, any provision of a document, instrument or agreement which prohibits the creation or assumption
of any Lien on such asset as security for Indebtedness of the Person owning such asset or any other Person; provided, however, that the
following shall not constitute a Negative Pledge: (i)&nbsp;an agreement that prohibits, restricts or conditions a Person&rsquo;s ability
to create or assume a Lien on its or its Subsidiary&rsquo;s assets, provided that such agreement permits the creation or assumption of
Liens upon the satisfaction or maintenance of one or more specified ratios, (ii)&nbsp;an agreement that uses such asset as a borrowing
base measurement, (iii)&nbsp;any Negative Pledge required by law; (iv)&nbsp;customary provisions in leases, licenses and other contracts
restricting the pledge or assignment thereof; (v)&nbsp;Negative Pledges contained in any agreement relating to the sale of any Subsidiary
or any assets pending such sale; provided, that in any such case, the Negative Pledge applies only to the Subsidiary or the assets that
are the subject of such sale; and (vi)&nbsp;Negative Pledges contained in any Financeable Ground Leases approved by Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Net Operating
Income</I></B>&rdquo; or &ldquo;<B><I>NOI</I></B>&rdquo; means, for any Property owned by any Consolidated Party and for the most recently
ended fiscal quarter of Borrower for which financial information has been, or simultaneously with such determination will be, delivered
to Administrative Agent, the sum of the following (without duplication and determined on a consistent basis with prior periods): (a)&nbsp;rents
and other revenues received or earned in the ordinary course from such Property (including, without limitation, (i)&nbsp;revenues from
the straight-lining of rents; and (ii)&nbsp;proceeds of rent loss or business interruption insurance but excluding pre-paid rents and
revenues and security deposits except to the extent applied in satisfaction of tenants&rsquo; obligations for rent) <I>minus</I> (b)&nbsp;all
expenses paid, excluding interest and Hedge Ineffectiveness, and inclusive of an appropriate accrual for expenses related to the ownership,
operation or maintenance of such Property during the respective period, including but not limited to property taxes, assessments and the
like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative
expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection
with such Property, as applicable, but specifically excluding general overhead expenses of Borrower or any Subsidiary and any property
management fees) minus (c)&nbsp;the Capital Reserves for such Property as of the end of such period <I>minus</I> (d)&nbsp;without duplication
an imputed management fee in the amount of 3% of the gross revenues for such Property for 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: 0.5in">&ldquo;<B><I>Non-Defaulting
Lender</I></B>&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Non-Extension
Notice Date</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;2.03(b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Nonrecourse Indebtedness</I></B>&rdquo;
means Secured Indebtedness that is only recourse to all assets of a Person as a result of customary exceptions to non-recourse liability
such as fraud, misapplication of funds, environmental indemnities, and other similar exceptions, and is otherwise contractually limited
to specific assets of a Person encumbered by a lien securing 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"><FONT STYLE="background-color: lightgrey"></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Note</I></B>&rdquo;
means a promissory note made by Borrower in favor of a Lender evidencing Loans and made by such Lender, substantially in the form of <B><I>Exhibit&nbsp;C</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Notice of Prepayment</I></B>&rdquo;
means a notice of prepayment with respect to a Loan in the form attached hereto as <B><I>Exhibit&nbsp;I</I></B> or in a form as may be
approved by Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved
by Administrative Agent), appropriately completed and signed by a Responsible Officer.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Obligations</I></B>&rdquo;
means all advances to, and debts, liabilities, obligations, covenants and duties of, Borrower arising under any Loan Document with respect
to any Loan or Letter of Credit, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to
become due, now existing or hereafter arising and including interest and fees under the Loan Documents that accrue after the commencement
by or against Borrower of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless
of whether such interest and fees are allowed claims in 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: 0.5in">&ldquo;<B><I>OFAC</I></B>&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">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Organization
Documents</I></B>&rdquo; means, (a)&nbsp;with respect to any corporation, the certificate or articles of incorporation and the bylaws
(or equivalent or comparable constitutive documents with respect to any non<FONT STYLE="color: red; "><STRIKE>-</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>-</U></FONT>U.S.
jurisdiction); (b)&nbsp;with respect to any limited liability company, the certificate or articles of formation or organization and operating
agreement; and (c)&nbsp;with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint
venture or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto
filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation
or organization and, if applicable, any certificate or articles of formation or organization of such entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Other Taxes</I></B>&rdquo;
means all present or future stamp or documentary Taxes or any other excise or property Taxes, charges or similar levies imposed under
U.S. Law arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or
otherwise with respect to, this Agreement or any other Loan Document, except for any Excluded 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: 0.5in">&ldquo;<B><I>Outstanding Amount</I></B>&rdquo;
means (i)&nbsp;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, as the case may be, occurring on such date; and (ii)&nbsp;with respect to any L/C Obligations
on any date, the amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and
any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements by Borrower
of Unreimbursed 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; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Participant</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;10.06(d)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Participant Register</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;10.06(d)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>PATRIOT Act</I></B>&rdquo;
means the USA PATRIOT Act (<I>Title III</I> of PUB. L. 107-56 (signed into law October&nbsp;26, 2001)), 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"></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">&ldquo;<B><I>PBGC</I></B>&rdquo;
means the Pension Benefit Guaranty Corporation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Pension Act</I></B>&rdquo;
means the Pension Protection Act of 2006.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Pension Funding
Rules</I></B>&rdquo; means the rules&nbsp;of the Code and ERISA regarding minimum required contributions (including any installment payment
thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, <I>Section&nbsp;412</I>
of the Code and <I>Section&nbsp;302</I> of ERISA, each as in effect prior to the Pension Act and, thereafter, <I>Section&nbsp;412</I>,
<I>430</I>, <I>431</I>, <I>432</I> and <I>436</I> of the Code and <I>Sections 302</I>, <I>303</I>, <I>304</I> and <I>305</I> of ERISA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Pension Plan</I></B>&rdquo;
means any employee pension benefit plan (including a Multiple Employer Plan or a Multiemployer Plan) that is maintained or is contributed
to by Borrower or any ERISA Affiliate and is either covered by <I>Title IV</I> of ERISA or is subject to the minimum funding standards
under <I>Section&nbsp;412</I> 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: 0.5in">&ldquo;<B><I>Permitted Liens</I></B>&rdquo;
means (i)&nbsp;liens for taxes, assessments or governmental charges unpaid and diligently contested in good faith by Borrower or a Subsidiary
unless payment is required prior to the contesting of any such taxes and provided no enforcement proceedings have been commenced with
respect to any lien filed in connection with such dispute and adequate reserves have been established (or are adequately bonded) for such
taxes, assessments or governmental charges; (ii)&nbsp;liens for taxes, assessments or governmental charges not yet due and payable; (iii)&nbsp;(A)&nbsp;liens
for labor, materials or supplies and any other liens (exclusive of those securing Indebtedness) which do not materially interfere with
the use of the Properties comprising the Eligible Unencumbered Property Pool or the operation of the business of Borrower or a Subsidiary
and are either bonded or do not exceed in the aggregate at any one time $5,000,000.00; and (B)&nbsp;zoning restrictions, easements, rights
of way, covenants, reservations and other rights, restrictions or encumbrances on use, <FONT STYLE="color: red; "><STRIKE>which
do not </STRIKE></FONT>which do not materially interfere with the use of the Properties comprising the Eligible Unencumbered Property
Pool or the operation of the business of Borrower; (iv)&nbsp;liens in favor of Borrower or a Wholly-Owned Subsidiary in connection with
a 1031 Property; (v)&nbsp;liens deemed to occur by virtue of investments described in <B><I>clause (d)</I></B>&nbsp;of the definition
of Cash Equivalents; (vi)&nbsp;liens on Cash Collateral and cash and Cash Equivalents pledged to or for the benefit of any agent, letter
of credit issuer, swingline lender or lender under any loan agreement to secure any exposure resulting from one or more lenders becoming
a defaulting lender; (vii)&nbsp;Liens consisting of deposits or pledges made, in the ordinary course of business, in connection with,
or to secure payment of, obligations under workmen&rsquo;s compensation, unemployment insurance or similar applicable Laws; (viii)&nbsp;Liens
and rights of pledge and setoff of banks, financial institutions and securities intermediaries in respect of deposits and accounts maintained
in the ordinary course of business and not securing Indebtedness; (ix)&nbsp;Liens solely on any cash earnest money deposits made by Borrower
or a Subsidiary in connection with any letter of intent or purchase agreement; and (x)&nbsp;liens on property existing at the time of
acquisition and refinancing of such liens, liens securing Secured Indebtedness, liens on the Equity Interests of Excluded Subsidiaries,
and liens securing judgments not constituting an Event of Default under <B><I>Section&nbsp;8.01(h)</I></B>, all in amounts complying with
the applicable financial covenants set forth in <B><I>Section&nbsp;7.10</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Person</I></B>&rdquo;
means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental
Authority or other entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Plan</I></B>&rdquo;
means any employee benefit plan within the meaning of <I>Section&nbsp;3(3)</I>&nbsp;of ERISA (including a Pension Plan), maintained for
employees of Borrower or any ERISA Affiliate or any such Plan to which Borrower or any ERISA Affiliate is required to contribute on behalf
of any of its employees and not excluded under <I>Section&nbsp;4</I> of ERISA.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Platform</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;6.02</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Preferred Dividends</I></B>&rdquo;
shall mean, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such
Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to
the holders of other types of Equity Interests in such Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Projects</I></B>&rdquo;
shall mean any and all parcels of real property owned by any Consolidated Party or with respect to which the Consolidated Party owns an
interest (whether directly or indirectly) on which are located improvements with a gross leasable area in excess of 50,000 square feet
or with respect to which construction and development of such improvements are under development.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Projects Under
Development</I></B>&rdquo; means any Project under development or redevelopment by any Consolidated Party (a)&nbsp;classified as construction
in progress on Borrower&rsquo;s quarterly financial statements; or (b)&nbsp;as to which a certificate of occupancy has not been 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: 0.5in">&ldquo;<B><I>Properties</I></B>&rdquo;
means, as of any date of determination, interests in real property, together with all improvements thereon, owned by Borrower or any Consolidated
Party, as applicable; and &ldquo;<B><I>Property</I></B>&rdquo; means any one of 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; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Public Lender</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;6.02</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>&ldquo;<B><I>Rating
Agency</I></B>&rdquo; means S&amp;P, Moody&rsquo;s or any other nationally recognized securities rating agency selected by Borrower and
approved of by Administrative Agent in writing.</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: 0.5in">&ldquo;<B><I>Recourse Indebtedness</I></B>&rdquo;
means any Indebtedness other than Nonrecourse 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: 0.5in">&ldquo;<B><I>Register</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;10.06(c)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Registered Public
Accounting Firm</I></B>&rdquo; has the meaning specified in the Securities Laws and shall be independent of Borrower 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: 0.5in">&ldquo;<B><I>REIT</I></B>&rdquo;
means a Person qualifying for treatment as a &ldquo;<I>real estate investment trust</I>&rdquo; under 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: 0.5in">&ldquo;<B><I>REIT Qualifying
Distributions</I></B>&rdquo; means Restricted Payments by Borrower based on Borrower&rsquo;s good faith estimate of its projected or estimated
taxable income or otherwise as necessary to retain Borrower&rsquo;s status as a REIT, to meet the distribution requirements of Section&nbsp;857
of the Internal Revenue Code or to eliminate any income or excise Taxes to which Borrower would otherwise be subject. Borrower&rsquo;s
good faith estimate of REIT Qualifying Distributions will be reported in each Compliance Certificate and shall contain calculations of
such REIT Qualifying Distributions, with detail reasonably satisfactory to Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Related Parties</I></B>&rdquo;
means, with respect to any Person, such Person&rsquo;s Affiliates and the partners, directors, officers, employees, agents, trustees and
advisors 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: 0.5in">&ldquo;<B><I>Release</I></B>&rdquo;
means any release, spill, emission, leaking, pumping, injection, deposit, disposal, discharge, dispersal, leaching, or migration of Hazardous
Materials into the environment, or into or out of any Property of a Consolidated Party, including the movement of any Hazardous Materials
through or in the air, soil, surface water, groundwater, of any Property of a Consolidated 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: 0.5in; color: red"><FONT STYLE=""><STRIKE>&ldquo;<B><I>Relevant
Governmental Body</I></B>&rdquo; means the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New York, or
a committee officially endorsed or convened by the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New
York, or any successor thereto.</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: 0.5in">&ldquo;<B><I>Reportable Event</I></B>&rdquo;
means any of the events set forth in <I>Section&nbsp;4043(c)</I>&nbsp;of ERISA, other than events for which the thirty (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: 0.5in">&ldquo;<B><I>Request for Credit
Extension</I></B>&rdquo; means (a)&nbsp;with respect to a Borrowing, conversion or continuation of Loans, a Loan Notice and (b)&nbsp;with
respect to an L/C Credit Extension, a Letter of Credit 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: 0.5in">&ldquo;<B><I>Required Lenders</I></B>&rdquo;
means, as of any date of determination, no less than two Lenders having at least 51% of the Aggregate Commitments or, if the commitment
of each Lender to make Loans and the obligation of the L/C Issuers to make L/C Credit Extensions have been terminated pursuant to <B><I>Section&nbsp;8.02</I></B>,
no less than two Lenders holding in the aggregate at least 51% of the Total Outstandings (with the aggregate amount of each Lender&rsquo;s
risk participation and funded participation in L/C Obligations being deemed &ldquo;<I>held</I>&rdquo; by such Lender for purposes of this
definition); provided, that the Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender
shall be excluded for 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: 0.5in">&ldquo;<B><I>Requirements</I></B>&rdquo;
means any law, ordinance, code, order, rule&nbsp;or regulation of any Governmental Authority relating in any way to the acquisition, ownership,
construction, use, occupancy and operation of the Properties comprising the Eligible Unencumbered Property Pool.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Rescindable Amount</I></B>&rdquo;
has the meaning as defined in <B><I>Section&nbsp;2.11(b)(ii)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Resolution Authority</I></B>&rdquo;
means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Responsible Officer</I></B>&rdquo;
means, as applicable, (a)&nbsp;the chief executive officer, president, chief operating officer, chief investment officer, chief financial
officer, treasurer, assistant treasurer, general counsel or controller of Borrower or the president of FSP Property Management LLC, and
(b)&nbsp;solely for purposes of the delivery of incumbency certificates pursuant to <B><I>Section&nbsp;4.01</I></B>, the secretary or
assistant secretary of Borrower, and (c)&nbsp;solely for purposes of notices given pursuant to <B><I>Article&nbsp;II</I></B>, any other
officer of Borrower so designated by any of the foregoing officers in a notice to Administrative Agent and (d)&nbsp;solely for purposes
of the delivery of any covenant compliance and/or absence of default certifications pursuant to <B><I>Sections 4.01</I></B>, <B><I>4.02</I></B>,
and <B><I>6.02(a)</I></B>, the chief executive officer, president, chief financial officer, assistant treasurer or treasurer of Borrower.
Any document delivered hereunder that is signed by a Responsible Officer shall be conclusively presumed to have been authorized by all
necessary corporate, partnership and/or other action on the part of Borrower and such Responsible Officer shall be conclusively presumed
to have acted on behalf of 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: 0.5in">&ldquo;<B><I>Restricted Payment</I></B>&rdquo;
means (a)&nbsp;any dividend or other distribution, direct or indirect, on account of any shares of any class of the Equity Interests of
any Consolidated Party, now or hereafter outstanding, (b)&nbsp;any redemption, retirement, sinking fund or similar payment, purchase or
other acquisition for value, direct or indirect, of any shares of any class of the Equity Interests of any Consolidated Party, now or
hereafter outstanding, and (c)&nbsp;any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other
rights to acquire shares of any class of the Equity Interests of any Consolidated Party, now or hereafter outstanding.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Revolving Credit
Exposure</I></B>&rdquo; means, as to any Lender at any time, the aggregate principal amount at such time of its outstanding Loans and
such Lender&rsquo;s participation in L/C Obligations 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"></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">&ldquo;<B><I>Sanction(s)</I></B>&rdquo;
means any sanction administered or enforced by the United States Government (including without limitation, OFAC), the United Nations Security
Council, the European Union, Her Majesty&rsquo;s Treasury or other relevant sanctions authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Sarbanes Oxley</I></B>&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: 0.5in">&ldquo;<B><I>S&amp;P</I></B>&rdquo;
means Standard&nbsp;&amp; Poor&rsquo;s Financial Services LLC, a subsidiary of S&amp;P Global Inc., 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: 0.5in">&ldquo;<B><I>Scheduled Unavailability
Date</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;3.03(b)(ii)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>SEC</I></B>&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: 0.5in">&ldquo;<B><I>Secured Indebtedness</I></B>&rdquo;
means all Indebtedness of a Person that is secured by a mortgage, deed of trust, lien, pledge, encumbrance or other security 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; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Securities Holdings</I></B>&rdquo;
shall mean common stock, preferred stock, other capital stock, beneficial interests in trusts, membership interests in limited liability
companies and other Equity Interests in entities (other than consolidated Subsidiaries, unconsolidated Subsidiaries and Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>,
and other than property that is included as &ldquo;<I>Cash Equivalents,</I>&rdquo; &ldquo;<I>Cash</I>&rdquo; or &ldquo;<I>Marketable Securities</I>&rdquo;
on Borrower&rsquo;s balance sheet). The value of Securities Holdings shall be calculated on the basis of the lower of cost or market value
as shown on Borrower&rsquo;s balance sheet.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Securities Laws</I></B>&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 Public Company Accounting Oversight Board, as each
of the foregoing may be amended and in effect on any applicable date 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: 0.5in">&ldquo;<B><I>Senior Unsecured
Notes</I></B>&rdquo; means those certain senior unsecured notes due December&nbsp;20, 2024, and those certain senior unsecured notes due
December&nbsp;20, 2027, pursuant to that certain Note Purchase Agreement dated as of October&nbsp;24, 2017, as amended from time to time,
by and among, inter alia, Borrower and the purchasers party thereto, and the documents, instruments and agreements <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>executed</U></FONT>
in connection therewith.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Significant Acquisition</I></B>&rdquo;
means an acquisition (in one transaction or a series of related transactions) of (i)&nbsp;one or more entities (excluding Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>)
for a purchase price in excess of 10% of Total Asset Value as of the last day for which financial statements were delivered under <B><I>Section&nbsp;6.01(a)</I></B>&nbsp;or
<B><I>6.01(b)</I></B>, or (ii)&nbsp;one or more properties for an amount in excess of 10% of Total Asset Value as of the last day for
which financial statements were delivered under <B><I>Section&nbsp;6.01(a)</I></B>&nbsp;or <B><I>6.01(b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>SOFR</I></B>&rdquo;
means the Secured Overnight Financing Rate as administered by the Federal Reserve Bank of New York (or a successor administrator).</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>SOFR Administrator</I></B>&rdquo;
means the Federal Reserve Bank of New York, as the administrator of SOFR, or any successor administrator of SOFR designated by the Federal
Reserve Bank of New York or other Person acting as the SOFR Administrator 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: 0.5in">&ldquo;<B><I>Sponsored REIT</I></B>&rdquo;
shall have the same meaning as such term is used in Borrower&rsquo;s filings with the SEC. For the avoidance of doubt, a &ldquo;<I>Sponsored
REIT</I>&rdquo; shall include a Wholly-Owned Subsidiary of Borrower during the period prior to its syndication.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">&ldquo;<B><I>Subsidiary</I></B>&rdquo;
of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of
the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other
than securities or interests having such power only by reason of the happening of a contingency) 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;<B><I>Subsidiary</I></B>&rdquo; or to &ldquo;<B><I>Subsidiaries</I></B>&rdquo;
shall refer to a Subsidiary or Subsidiaries of Borrower. Sponsored REITs shall not be considered Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Subsidiary Guarantor</I></B>&rdquo;
means any Subsidiary that is a guarantor of the Obligations pursuant to <B><I>Section&nbsp;6.12</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Subsidiary Guaranty</I></B>&rdquo;
means a Guarantee of the Obligations entered into by a Subsidiary Guarantor pursuant to <B><I>Section&nbsp;6.12</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Suburban Property</I></B>&rdquo;
means (a)&nbsp;any Property listed on <B><I>Schedule 5.21</I></B> and identified as a Suburban Property, or (b)&nbsp;any other improved
Property that does not meet the definition of a CBD or Urban Infill 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: 0.5in">&ldquo;<B><I>Successor Rate</I></B>&rdquo;
has the meaning specified in <B><I>Section&nbsp;3.03</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Swap Contract</I></B>&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 used to document transactions of the type set forth in <B><I>clause (a)</I></B>&nbsp;hereof (any
such master agreement, together with any related schedules, a &ldquo;<B><I>Master Agreement</I></B>&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: 0.5in">&ldquo;<B><I>Swap Termination
Value</I></B>&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 <B><I>clause (a)</I></B>, the amount(s)&nbsp;determined as the mark-to-market value(s)&nbsp;for such Swap Contracts, as
determined based upon one or more readily available quotations provided by any recognized dealer in such Swap Contracts (which may include
a Lender or any Affiliate of a Lender) or any independent valuation source reasonably acceptable to Administrative Agent (Administrative
Agent agrees that Chatham Financial is a reasonably acceptable independent valuation source).</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Synthetic Lease
Obligation</I></B>&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 creating obligations that do not appear on the balance sheet of
such Person but which, upon the insolvency or bankruptcy of 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"></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">&ldquo;<B><I>Taking</I></B>&rdquo;
means any condemnation for public use of, or damage by reason of, the action of any Governmental Authority, or any transfer by private
sale in lieu thereof, either temporarily or permanently.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Tangible Net
Worth</I></B>&rdquo; means, for the Consolidated Parties, as of the most recently ended fiscal quarter of Borrower, the excess of Total
Assets over Total Liabilities, and less the sum 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)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
total book value of all assets of the Consolidated Parties properly classified as Intangible Assets; <I>plus</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all
amounts representing any write-up in the book value of any assets of the Consolidated Parties resulting from a revaluation thereof subsequent
to the balance sheet date; <I>plus</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
the extent otherwise includable in the computation of Tangible Net Worth, any subscriptions receivable.</P>

<P STYLE="font: 10pt Times New Roman, 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">Total Assets and Total Liabilities
shall also exclude an asset or liability created by the Swap Termination Value and Hedge Ineffectiveness.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Taxes</I></B>&rdquo;
means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees
or other charges in the nature of a tax 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: 0.5in">&ldquo;<B><I>Term SOFR</I></B>&rdquo;
means:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
any Interest Period with respect to a Term SOFR Rate Loan, the rate <I>per annum</I> equal to the Term SOFR Screen Rate two U.S. Government
Securities Business Days prior to the commencement of such Interest Period with a term equivalent to such Interest Period; <I>provided
that</I> if the rate is not published prior to 11:00 a.m.&nbsp;Eastern Time on such determination date then Term SOFR means the Term SOFR
Screen Rate on the first U.S. Government Securities Business Day immediately prior thereto, in each case, <I>plus</I> the Term SOFR Adjustment
for such Interest 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;for
any interest calculation with respect to a Base Rate Loan on any date, the rate <I>per annum</I> equal to the Term SOFR Screen Rate with
a term of one month commencing that day;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><I>provided that</I> if the Term SOFR
determined in accordance with either of the foregoing <B><I>clauses (a)</I></B>&nbsp;or <B><I>(b)</I></B>&nbsp;of this definition would
otherwise be less than zero percent (0.0%), Term SOFR shall be deemed zero percent (0.0%) for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Term SOFR Adjustment</I></B>&rdquo;
means (a)&nbsp;0.11448% (11.448 basis points) for an Interest Period of one month&rsquo;s duration, (b)&nbsp;0.26161% (26.161 basis points)
for an Interest Period of three months&rsquo; duration, and (c)&nbsp;0.42826% (42.826 basis points) for an Interest Period of six months&rsquo;
duration.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Term SOFR Screen
Rate</I></B>&rdquo; means the forward-looking SOFR term rate administered by CME (or any successor administrator satisfactory to Administrative
Agent) and published on the applicable Reuters screen page&nbsp;(or such other commercially available source providing such quotations
as may be designated by Administrative Agent 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: 0.5in">&ldquo;<B><I>Term SOFR Rate
Loan</I></B>&rdquo; means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR.</P>

<P STYLE="font: 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">&ldquo;<B><I>Term SOFR Replacement
Date</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;3.03</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Threshold Amount</I></B>&rdquo;
means without duplication (a)&nbsp;with respect to Nonrecourse Indebtedness, such Indebtedness having an aggregate outstanding principal
amount of at least $40,000,000 individually or when aggregated with all such Indebtedness and (b)&nbsp;with respect to any other Indebtedness
of such Person, such Indebtedness having an aggregate outstanding principal amount of at least $20,000,000 individually or when aggregated
with all such Indebtedness. For clarification purposes, no Indebtedness and no Guarantee shall be attributed to any Person hereunder (for
purposes of determination of the Threshold Amount of Indebtedness of a Person, including whether or not such Indebtedness is Nonrecourse
Indebtedness unless such Person is the borrower, guarantor or primary obligor thereof and, if a guarantor, such Indebtedness or Guarantee,
as applicable, shall be deemed to be in the amount of such guaranty (and shall exclude any and all guaranties that are not in liquidated
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; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Total Assets</I></B>&rdquo;
means all assets of the Consolidated Parties determined in accordance with GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Total Asset Value</I></B>&rdquo;
means, without duplication, for the most recently ended fiscal quarter of Borrower, with respect to the Consolidated Parties on a consolidated
basis, the sum of (a)&nbsp;the quotient of annualized NOI for such fiscal quarter minus the aggregate amount of NOI attributable to each
Property sold or otherwise disposed of during such fiscal quarter minus the aggregate amount of NOI attributable to each Property acquired
during the last four fiscal quarters, divided by the Capitalization Rate <I>plus</I> (b)&nbsp;the acquisition cost of each Property acquired
during such prior four fiscal quarters, <I>plus</I> (c)&nbsp;unrestricted cash and Cash Equivalents, <I>plus</I> (d)&nbsp;the book value
of unimproved land holdings, <I>plus</I> (e)&nbsp;the book value of construction in progress, <I>plus</I> (f)&nbsp;the carrying value
of performing <FONT STYLE="color: red; "><STRIKE>mortgage</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Mortgage</U></FONT>
loans to Sponsored REITs, <I>plus</I> (g)&nbsp;the carrying value of preferred stock investments in Sponsored REITs as shown on Borrower&rsquo;s
financial 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">Notwithstanding the foregoing,
for purposes of determining Total Asset Value, to the extent the aggregate of Investments in Projects under Development, undeveloped land
holdings, Joint Venture Projects and Joint Ventures, Securities Holdings and Mortgages to non-affiliates (excluding Mortgages to Sponsored
<FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>)
would exceed 10% of Total Asset Value, such aggregate excess shall be excluded.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Total Indebtedness</I></B>&rdquo;
means all Indebtedness of the Consolidated Parties determined on a consolidated basis plus the Consolidated Parties&rsquo; Equity Percentage
of Indebtedness of Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Total Liabilities</I></B>&rdquo;
means all liabilities of the Consolidated Parties determined in accordance with GAAP.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Total Outstandings</I></B>&rdquo;
means the aggregate Outstanding Amount of all Loans and all L/C Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Total Secured
Indebtedness</I></B>&rdquo; means, all Indebtedness of the Consolidated Parties that is secured by a mortgage, deed of trust, lien, pledge,
encumbrance or other security interest, and the Consolidated Parties&rsquo; Equity Percentage of the above of Unconsolidated Affiliates.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Type</I></B>&rdquo;
means, with respect to a Loan, its character as a Base Rate Loan, Term SOFR Rate Loan or a Daily SOFR Rate 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: 0.5in">&ldquo;<B><I>UK Bribery Act
2010</I></B>&rdquo; means an Act of the Parliament of the United Kingdom that covers the criminal law relating to bribery.</P>

<P STYLE="font: 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">&ldquo;<B><I>UK Financial
Institution</I></B>&rdquo; means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended <FONT STYLE="color: red; "><STRIKE>form</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>from</U></FONT>
time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person subject to IFPRU 11.6 of the FCA Handbook
(as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions
and investment firms, and certain affiliates of such credit institutions or investment firms.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Unconsolidated
Affiliate(s)</I></B>&rdquo; means, with respect to any Person (the &ldquo;<B><I>parent</I></B>&rdquo;), at any date, any corporation,
limited liability company, partnership, association or other entity that is an Affiliate of such Person, the accounts of which would not
be consolidated with those of the parent in the parent&rsquo;s consolidated financial statements if such financial statements were prepared
in accordance with full consolidation method GAAP as of such date. Unless otherwise specified, all references herein to &ldquo;<I>Unconsolidated
Affiliate</I>&rdquo; or to &ldquo;<I>Unconsolidated Affiliates</I>&rdquo; shall refer to an Unconsolidated Affiliate or Unconsolidated
Affiliates of the Consolidated Parties. Unconsolidated Affiliates shall not include any Sponsored REIT.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Unencumbered
Asset Value</I></B>&rdquo; means, without duplication, for the most recently ended fiscal quarter of Borrower, with respect to the Eligible
Unencumbered Property Pool, the sum of (a)&nbsp;the quotient of annualized Unencumbered NOI for such fiscal quarter minus the aggregate
amount of NOI attributable to each Property sold or removed from the Eligible Unencumbered Property Pool during such fiscal quarter minus
the aggregate amount of NOI attributable to each Property acquired or added to the Eligible Unencumbered Property Pool during the last
four fiscal quarters, divided by the Capitalization Rate, plus (b)&nbsp;the acquisition cost of each Property acquired or added to the
Eligible Unencumbered Property Pool during such prior four fiscal quarters. For the purposes of calculating the Unencumbered Asset Value,
the value of any one Property in the Eligible Unencumbered Property Pool may not exceed 20% of the aggregate value of the Eligible Unencumbered
Property Pool.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>Unencumbered
NOI</I></B>&rdquo; means, for any period, the Net Operating Income from the entire Eligible Unencumbered Property Pool.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>United States</I></B>&rdquo;
and &ldquo;<B><I>U.S.</I></B>&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: 0.5in">&ldquo;<B><I>United States
Foreign Corrupt Practices Act of 1977</I></B>&rdquo; means the act codified at 15 U.S.C. <I>Section&nbsp;78dd-1 et seq</I>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Unreimbursed
Amount</I></B>&rdquo; has the meaning specified in <B><I>Section&nbsp;2.03(f)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Unsecured Indebtedness</I></B>&rdquo;
means all Indebtedness which is not secured by a Lien on any 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: 0.5in">&ldquo;<B><I>U.S. Government
Securities Business Day</I></B>&rdquo; means any day except for (a)&nbsp;a Saturday, (b)&nbsp;a Sunday or (c)&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.</P>

<P STYLE="font: 10pt Times New Roman, 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"><FONT STYLE=""><STRIKE>&ldquo;<B><I>Voting
Stock</I></B>&rdquo; means, with respect to any Person, Equity Interests issued by such Person the holders of which are ordinarily, in
the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person,
even though the right so to vote has been suspended by the happening of such a contingency.</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: 0.5in">&ldquo;<B><I>Wholly-Owned
Subsidiary</I></B>&rdquo; of a Person means (i)&nbsp;any Subsidiary all of the outstanding voting securities of which shall at the time
be owned or controlled, directly or indirectly, by such Person or one or more Wholly-Owned Subsidiaries of such Person, or by such Person
and one or more Wholly-Owned Subsidiaries of such Person, or (ii)&nbsp;any partnership, limited liability company, association, joint
venture or similar business organization 100% of the ownership interests having ordinary voting power of which shall at the time be so
owned or controlled. Except as otherwise specifically noted, each reference to &ldquo;<I>Wholly-Owned Subsidiary</I>&rdquo; contained
herein shall be to Subsidiaries of the Consolidated Parties meeting the qualifications noted above. Sponsored REITs shall not be considered
Wholly-Owned 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; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Write-Down and
Conversion Powers</I></B>&rdquo; means (a)&nbsp;with respect to any EEA Resolution Authority, the write-down and conversion powers of
such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down
and conversion powers are described in the EU Bail-In Legislation Schedule, and (b)&nbsp;with respect to the United Kingdom, any powers
of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any
UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into
shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect
as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In
Legislation that are related to or ancillary to any of those powers.</P>

<P STYLE="font: 10pt Times New Roman, 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">&ldquo;<B><I>1031 Intermediary</I></B>&rdquo;
means a Person in such person&rsquo;s capacity as an intermediary or accommodation holder in connection with an exchange of property by
Borrower or a Wholly-Owned Subsidiary intended to qualify under <I>Section&nbsp;1031</I> 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: 0.5in">&ldquo;<B><I>1031 Property</I></B>&rdquo;
means a property whose legal title or other indicia of ownership is held by a 1031 Intermediary for the benefit of Borrower or a Wholly-Owned
Subsidiary as part of a 1031 tax exchange intended to qualify under <I>Section&nbsp;1031</I> 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: 0.5in">1.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>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)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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;<I>include,</I>&rdquo; &ldquo;<I>includes</I>&rdquo;
and &ldquo;<I>including</I>&rdquo; shall be deemed to be followed by the phrase &ldquo;<I>without limitation.</I>&rdquo; The word &ldquo;<I>will</I>&rdquo;
shall be construed to have the same meaning and effect as the word &ldquo;<I>shall.</I>&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;<I>hereto,</I>&rdquo;
 &ldquo;<I>herein,</I>&rdquo; &ldquo;<I>hereof</I>&rdquo; and &ldquo;<I>hereunder,</I>&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;<I>asset</I>&rdquo; and &ldquo;<I>property</I>&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)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the computation of periods of time from a specified date to a later specified date, the word &ldquo;<B><I>from</I></B>&rdquo; means &ldquo;from
and including;&rdquo; the words &ldquo;<B><I>to</I></B>&rdquo; and &ldquo;<B><I>until</I></B>&rdquo; each mean &ldquo;to but excluding;&rdquo;
and the word &ldquo;<B><I>through</I></B>&rdquo; means &ldquo;to and including.&rdquo;</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
references herein to the &ldquo;<I>knowledge</I>&rdquo; of Borrower shall be deemed to mean the actual knowledge of the chief executive
officer, president, chief financial officer, treasurer, secretary, assistant secretary, chief operating officer or general counsel of
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: 0.5in">1.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Accounting
Terms</B>. Generally, 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 on the date of this Agreement (subject to <B><I>subsection
(a)</I></B>&nbsp;below) from time to time, applied in a manner consistent with that used in preparing the Audited Financial
Statements, except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining
compliance with any covenant (including the computation of any financial covenant) contained herein,&nbsp;Indebtedness of Borrower
and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC
825 and FASB ASC 470-20 on financial liabilities shall be disregarded.</P>

<P STYLE="font: 10pt Times New 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;<B>Changes
in GAAP</B>. If at any time any change in GAAP (or any requirement with respect to adoption of International Financial Reporting Standards)
would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either Borrower or the Required
Lenders shall so request, Administrative Agent, the Lenders and 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 (or any requirement with respect to adoption of International
Financial Reporting Standards) (subject to the approval of the Required Lenders); <I>provided</I> that, until so amended, (i)&nbsp;such
ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein (or prior to such requirement
with respect to adoption of International Financial Reporting Standards) and (ii)&nbsp;Borrower shall provide to Administrative Agent
and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth
a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP (or before
and after giving effect to such requirement with respect to adoption of International Financial Reporting Standards).</P>

<P STYLE="font: 10pt Times New 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;<B>Consolidation
of Variable Interest Entities</B>. All references herein to consolidated financial statements of Borrower and its Subsidiaries or to the
determination of any amount for Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be
deemed to include each variable interest entity that Borrower is required to consolidate pursuant to FASB ASC 810 as if such variable
interest entity were a Subsidiary as defined 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: 0.5in">1.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Rounding</B>.
Any financial ratios required to be maintained by Borrower pursuant to this Agreement shall be calculated by dividing the
appropriate component by the other component, carrying the result to one place 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"><FONT STYLE="background-color: lightgrey"></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Times
of Day</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: 0.5in">1.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Letter
of Credit Amounts</B>. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the
stated amount of such Letter of Credit in effect at such time; <I>provided</I>, <I>however</I>, that with respect to any Letter of
Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases in the
stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit
after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time.</P>

<P STYLE="font: 10pt Times New Roman, 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">1.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Interest
Rates</B>. Administrative Agent does not warrant, nor accept responsibility, nor shall Administrative Agent have any liability with
respect to the administration, submission or any other matter related to any reference rate referred to herein or with respect to
any rate (including, for the avoidance of doubt, the selection of such rate and any related spread or other adjustment) that is an
alternative or replacement for or successor to any such rate (including any Successor Rate) (or any component of any of the
foregoing) or the effect of any of the foregoing, or of any Conforming Changes. Administrative Agent and its affiliates or other
related entities may engage in transactions or other activities that affect any reference rate referred to herein, or any
alternative, successor or replacement rate (including any Successor Rate) (or any component of any of the foregoing) or any related
spread or other adjustments thereto, in each case, in a manner adverse to Borrower. Administrative Agent may select information
sources or services in its reasonable discretion to ascertain any reference rate referred to herein or any alternative, successor or
replacement rate (including any Successor Rate) <B>(</B>or any component of any of the foregoing), in each case pursuant to the
terms of this Agreement, and shall have no liability to 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 other action or omission related to or affecting the
selection, determination, or calculation of any rate (or component thereof) provided by any such information source or service.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">II.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-transform: uppercase"><B>THE
COMMITMENTS AND CREDIT EXTENSIONS</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Loans</B>.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans to Borrower from time to
time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of
such Lender&rsquo;s Commitment; <I>provided</I>, <I>however</I>, that after giving effect to any Borrowing, (i)&nbsp;the Outstanding
Amount of Loans and L/C Obligations shall not exceed the Aggregate Commitments and (ii)&nbsp;the Total Outstandings owed to any
Lender shall not exceed such Lender&rsquo;s Commitment. Within the limits of each Lender&rsquo;s Commitment, and subject to the
other terms and conditions hereof, Borrower may borrow under this <B><I>Section&nbsp;2.01</I></B>, prepay under <B><I>Section&nbsp;2.04</I></B>,
and reborrow under this <B><I>Section&nbsp;2.01</I></B>. Loans will be either Term SOFR Rate Loans or Daily SOFR Rate Loans, except
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: 0.5in">2.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Borrowings,
Conversions and Continuations of Loans</B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Borrowing, each conversion of Loans from one Type to the other, and each continuation of Loans shall be made upon Borrower&rsquo;s irrevocable
notice to Administrative Agent, which may be given by (i)&nbsp;telephone, or (ii)&nbsp;a Loan Notice; <I>provided that</I> any telephonic
notice must be confirmed promptly by delivery to Administrative Agent of a Loan Notice. Each such Loan Notice must be received by Administrative
Agent not later than 11:00 a.m.&nbsp;(A)&nbsp;on the date of the request for any Borrowing or continuation of Daily SOFR Rate Loans, (B)&nbsp;two
Business Days prior to the requested date of any Borrowing of, conversion to or continuation of Term SOFR Rate Loans or conversion of
Term SOFR Rate Loans to Daily SOFR Rate Loans. Each Borrowing of, conversion to or continuation of Loans shall be in a principal amount
of $1,000,000 or a whole multiple of $500,000 in excess thereof. Unless otherwise specified herein, no conversion from Term SOFR Rate
Loans may be made other than at the end of the corresponding Interest Period. Each Loan Notice (whether telephonic or written) shall specify
(i)&nbsp;whether Borrower is requesting a Borrowing, a conversion of Loans from one Type to the other, or a continuation of either Term
SOFR Rate Loans or Daily SOFR Rate 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, continued or converted, (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 Borrower fails to specify Term SOFR in a Loan Notice or if Borrower fails to give a timely notice requesting a conversion
or continuation of Term SOFR Rate Loan, then the applicable Loans shall be made as, or converted to, Daily SOFR Rate Loans. Any such automatic
conversion to Daily SOFR Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable
Loans. If Borrower requests a Term SOFR Rate Loan, or a conversion to or continuation of Term SOFR Rate Loans in any such 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Following
receipt of a Loan Notice, Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage of the applicable
Loans. Each Lender shall make the amount of its Loan available to Administrative Agent in immediately available funds at Administrative
Agent&rsquo;s Office not later than 1:00 p.m.&nbsp;on the Business Day specified in the applicable Loan Notice. Upon satisfaction of the
applicable conditions set forth in <B><I>Section&nbsp;4.02</I></B> (and, if such Borrowing is the initial Credit Extension, <B><I>Section&nbsp;4.01</I></B>),
Administrative Agent shall make all funds so received available to Borrower in like funds as received by Administrative Agent either by
(i)&nbsp;crediting the account of Borrower on the books of Bank of America with the amount of such funds or (ii)&nbsp;wire transfer of
such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) Administrative Agent by Borrower;
<I>provided</I>, <I>however</I>, that if, on the date the Loan Notice with respect to such Borrowing is given by Borrower, there are L/C
Borrowings outstanding, then the proceeds of such Borrowing, <I>first</I>, shall be applied to the payment in full of any such L/C Borrowings,
and <I>second</I>, shall be made available to Borrower as provided above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Administrative
Agent shall promptly notify Borrower and Lenders of the interest rate applicable to each Loan other than Daily SOFR Rate Loans upon determination
of 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limitation of any other conditions herein, a Borrowing or continuation of or conversion to Term SOFR Rate Loans shall not be permitted
if:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;An
Event of Default or a Default has occurred and is continuing and has not been waived by Required Lenders or all Lenders, as applicable;
or</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After
giving effect to the requested Borrowing or continuation of or conversion to Term SOFR Rate Loans, the sum of all Term SOFR Rate Loans
<I>plus</I> all other Revolving Credit Exposure would exceed the Aggregate Commitments; or</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 1in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
requested Borrowing or continuation of or conversion to Term SOFR Rate Loans would cause more than six Interest Periods to be in effect
at any one time for Term SOFR Rate Loans, after giving effect to all Term SOFR Rate Loans, all conversions of Loans from one Type to another,
and all continuations of Loans as the same Type; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
amount of Term SOFR Rate Loans requested in the request for Borrowing or continuation of or conversion to Term SOFR Rate Loans is other
than $1,000,000 or a whole multiple of $500,000 in excess thereof; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
requested interest period does not conform to the definition of Interest Period herein; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
of the circumstances referred to in <B><I>Section&nbsp;3.03</I></B> shall apply with respect to the requested Borrowing or continuation
of or conversion to Term SOFR 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to SOFR or Term SOFR, Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding
anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective
without any further action or consent of any other party to this Agreement or any other Loan Document; <I>provided</I> that, with respect
to any such amendment effected, Administrative Agent shall post each such amendment implementing such Conforming Changes to Borrower and
the Lenders reasonably promptly after such amendment becomes effective.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.03&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Letters
of Credit</B>.</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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>General</B>.
Subject to the terms and conditions set forth herein, in addition to the Loans provided for in <B><I>Section&nbsp;2.01</I></B>, Borrower
may request any L/C Issuer, in reliance on the agreements of the Lenders set forth in this <B><I>Section&nbsp;2.03</I></B>, to issue,
at any time and from time to time during the Availability Period, Letters of Credit denominated in Dollars for its own account or the
account of any of its Subsidiaries in such form as is acceptable to Administrative Agent and such L/C Issuer in its reasonable determination.
Letters of Credit issued hereunder shall constitute utilization 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Notice
of Issuance, Amendment, Extension, Reinstatement or Renewal</B>. To request the issuance of a Letter of Credit (or the amendment of the
terms and conditions, extension of the terms and conditions, extension of the expiration date, or reinstatement of amounts paid, or renewal
of an outstanding Letter of Credit), Borrower shall deliver (or transmit by electronic communication, if arrangements for doing so have
been approved by the applicable L/C Issuer) to an L/C Issuer and to Administrative Agent not later than 11:00 a.m.&nbsp;at least five
Business Days (or such other date and time as Administrative Agent and such L/C Issuer may agree in a particular instance in their sole
discretion) prior to the proposed issuance date or date of amendment, as the case may be a notice requesting the issuance of a Letter
of Credit, or identifying the Letter of Credit to be amended, extended, reinstated or renewed, and specifying the date of issuance, amendment,
extension, reinstatement or renewal (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall
comply with <B><I>clause (d)</I></B>&nbsp;of this <B><I>Section&nbsp;2.03</I></B>), the amount of such Letter of Credit, the name and
address of the beneficiary thereof, the purpose and nature of the requested Letter of Credit and such other information as shall be necessary
to prepare, amend, extend, reinstate or renew such Letter of Credit. If requested by the applicable L/C Issuer, Borrower also shall submit
a letter of credit application and reimbursement agreement on such L/C Issuer&rsquo;s standard form in connection with any request for
a Letter of Credit. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions
of any form of letter of credit application and reimbursement agreement or other agreement submitted by Borrower to, or entered into by
Borrower with, an L/C Issuer relating to any Letter of Credit, the terms and conditions of this Agreement shall control.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">If Borrower so requests
in any applicable Letter of Credit Application (or the amendment of an outstanding Letter of Credit), the applicable L/C Issuer may, in
its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an &ldquo;<B><I>Auto-Extension Letter
of Credit</I></B>&rdquo;); <I>provided</I> that any such Auto-Extension Letter of Credit shall permit such L/C Issuer to prevent any such
extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice
to the beneficiary thereof not later than a day (the &ldquo;<B><I>Non-Extension Notice Date</I></B>&rdquo;) in each such twelve-month
period to be agreed upon by Borrower and the applicable L/C Issuer at the time such Letter of Credit is issued. Unless otherwise directed
by the applicable L/C Issuer, Borrower shall not be required to make a specific request to such L/C Issuer for any such extension. Once
an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the applicable
L/C Issuer to permit the extension of such Letter of Credit at any time to an expiration date not later than the date permitted pursuant
to <B><I>Section&nbsp;2.03(d)</I></B>; <I>provided</I>, that such L/C Issuer shall not (i)&nbsp;permit any such extension if (A)&nbsp;such
L/C Issuer has determined that it would not be permitted, or would have no obligation, at such time to issue such Letter of Credit in
its extended form under the terms hereof (except that the expiration date may be extended to a date that is no more than one year from
the then-current expiration date) or (B)&nbsp;it has received notice (which may be in writing or by telephone (if promptly confirmed in
writing)) on or before the day that is seven Business Days before the Non-Extension Notice Date from Administrative Agent that the Required
Lenders have elected not to permit such extension or (ii)&nbsp;be obligated to permit such extension if it has received notice (which
may be in writing or by telephone (if promptly confirmed in writing)) on or before the day that is seven Business Days before the Non-Extension
Notice Date from Administrative Agent, any Lender or Borrower that one or more of the applicable conditions set forth in <B><I>Section&nbsp;4.02</I></B>
is not then satisfied, and in each such case directing such L/C Issuer not to permit such extension.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Limitations
on Amounts,&nbsp;Issuance and Amendment</B>. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and
upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit Borrower shall be deemed to represent and warrant
that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (i)&nbsp;the aggregate amount of the outstanding
Letters of Credit issued by any L/C Issuer shall not exceed its L/C Commitment, (ii)&nbsp;the aggregate L/C Obligations shall not exceed
the L/C Sublimit, (iii)&nbsp;the Revolving Credit Exposure of any Lender shall not exceed its Commitment and (iv)&nbsp;the total Revolving
Credit Exposures shall not exceed the Aggregate 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 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
L/C Issuer shall be under any obligation to issue any Letter of Credit if:</P>

<P STYLE="font: 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">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain such L/C Issuer
from issuing the Letter of Credit, or any Law applicable to such L/C Issuer or any request or directive (whether or not having the force
of law) from any Governmental Authority with jurisdiction over such L/C Issuer shall prohibit, or request that such L/C Issuer refrain
from, the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon such L/C Issuer with respect
to the Letter of Credit any restriction, reserve or capital requirement (for which such L/C Issuer is not otherwise compensated hereunder)
not in effect on the Closing Date, or shall impose upon such L/C Issuer any unreimbursed loss, cost or expense which was not applicable
on the Closing Date and which such L/C Issuer in good faith deems material to it;</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 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
issuance of such Letter of Credit would violate one or more policies of such L/C Issuer applicable to letters of credit generally;</P>

<P STYLE="font: 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">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except
as otherwise agreed by Administrative Agent and such L/C Issuer, the Letter of Credit is in an initial stated amount less than $100,000,
in the case of a commercial Letter of Credit, or $500,000, in the case of a standby Letter of Credit;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(D)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Lender is at that time a Defaulting Lender, unless such L/C Issuer has entered into arrangements, including the delivery of Cash Collateral,
satisfactory to such L/C Issuer (in its sole discretion) with Borrower or such Lender to eliminate such L/C Issuer&rsquo;s actual or potential
Fronting Exposure (after giving effect to <B><I>Section&nbsp;2.15(a)(iv)</I></B>) with respect to the Defaulting Lender arising from either
the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which such L/C Issuer has
actual or potential Fronting Exposure, as it may elect in its sole discretion; 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">(E)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Letter of Credit contains any provisions for automatic reinstatement of the stated amount after any drawing thereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
L/C Issuer shall be under any obligation to amend any Letter of Credit if (A)&nbsp;such L/C Issuer would have no obligation at such time
to issue the Letter of Credit in its amended form under the terms hereof, or (B)&nbsp;the beneficiary of the Letter of Credit does not
accept the proposed amendment to the Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Expiration
Date</B>. Each Letter of Credit shall have a stated expiration date no later than the earlier of (i)&nbsp;the date twelve (12) months
after the date of the issuance of such Letter of Credit (or, in the case of any extension of the expiration date thereof, whether automatic
or by amendment, twelve (12) months after the then current expiration date of such Letter of Credit) and (ii)&nbsp;the date that is the
date that is one year after the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day),
<I>provided that</I> each such Letter of Credit is Cash Collateralized pursuant to <B><I>Section&nbsp;2.03(o)</I></B>&nbsp;at least thirty
(30) days prior to the Maturity Date then 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 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Participations</B>.
By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount or extending the expiration date thereof),
and without any further action on the part of the applicable L/C Issuer or the Lenders, such L/C Issuer hereby grants to each Lender,
and each Lender hereby acquires from such L/C Issuer, a participation in such Letter of Credit equal to such Lender&rsquo;s Applicable
Percentage of the aggregate amount available to be drawn under such Letter of Credit. Each Lender acknowledges and agrees that its obligation
to acquire participations pursuant to this <B><I>clause (e)</I></B>&nbsp;in respect of Letters of Credit is absolute, unconditional and
irrevocable and shall not be affected by any circumstance whatsoever, including any amendment, extension, reinstatement or renewal of
any Letter of Credit or the occurrence and continuance of a Default or reduction or 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">In consideration
and in furtherance of the foregoing, each Lender hereby absolutely, unconditionally and irrevocably agrees to pay to Administrative Agent,
for account of the applicable L/C Issuer, such Lender&rsquo;s Applicable Percentage of each L/C Disbursement made by an L/C Issuer not
later than 1:00 p.m.&nbsp;on the Business Day specified in the notice provided by Administrative Agent to the Lenders pursuant to <B><I>Section&nbsp;2.03(f)</I></B>&nbsp;until
such L/C Disbursement is reimbursed by Borrower or at any time after any reimbursement payment is required to be refunded to Borrower
for any reason, including after the Maturity Date. Such payment shall be made without any offset, abatement, withholding or reduction
whatsoever. Each such payment shall be made in the same manner as provided in <B><I>Section&nbsp;2.02</I></B> with respect to Loans made
by such Lender (and <B><I>Section&nbsp;2.02</I></B> shall apply, mutatis mutandis, to the payment obligations of the Lenders), and Administrative
Agent shall promptly pay to the applicable L/C Issuer the amounts so received by it from the Lenders. Promptly following receipt by Administrative
Agent of any payment from Borrower pursuant to <B><I>Section&nbsp;2.03(f)</I></B>, Administrative Agent shall distribute such payment
to the applicable L/C Issuer or, to the extent that the Lenders have made payments pursuant to this <B><I>clause (e)</I></B>&nbsp;to reimburse
such L/C Issuer, then to such Lenders and such L/C Issuer as their interests may appear. Any payment made by a Lender pursuant to this
<B><I>clause (e)</I></B>&nbsp;to reimburse an L/C Issuer for any L/C Disbursement shall not constitute a Loan and shall not relieve Borrower
of its obligation to reimburse such L/C Disbursement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">Each Lender further
acknowledges and agrees that its participation in each Letter of Credit will be automatically adjusted to reflect such Lender&rsquo;s
Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit at each time such Lender&rsquo;s Commitment
is amended <FONT STYLE="color: red; "><STRIKE>pursuant to the operation of <B><I>Section&nbsp;2.13</I></B>,</STRIKE></FONT>
as a result of an assignment in accordance with <B><I>Section&nbsp;10.06</I></B> or otherwise pursuant to this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">If any Lender fails
to make available to Administrative Agent for the account of the applicable L/C Issuer any amount required to be paid by such Lender pursuant
to the foregoing provisions of this <B><I>Section&nbsp;2.03(e)</I></B>, then, without limiting the other provisions of this Agreement,
the applicable L/C Issuer shall be entitled to recover from such Lender (acting through Administrative Agent), on demand, such amount
with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available
to such L/C Issuer at a rate <I>per annum</I> equal to the greater of the Federal Funds Rate and a rate determined by the applicable L/C
Issuer in accordance with banking industry rules&nbsp;on interbank compensation, plus any administrative, processing or similar fees customarily
charged by such L/C Issuer in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the
amount so paid shall constitute such Lender&rsquo;s Loan included in the relevant Borrowing or L/C Advance in respect of the relevant
L/C Borrowing, as the case may be. A certificate of any L/C Issuer submitted to any Lender (through Administrative Agent) with respect
to any amounts owing under this <B><I>clause</I></B> shall be conclusive absent manifest error.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;<B>Reimbursement</B>.
If an L/C Issuer shall make any L/C Disbursement in respect of a Letter of Credit, Borrower shall reimburse such L/C Issuer in respect
of such L/C Disbursement by paying to Administrative Agent an amount equal to such L/C Disbursement not later than 12:00 noon on (i)&nbsp;the
Business Day that Borrower receives notice of such L/C Disbursement, if such notice is received prior to 10:00 a.m.&nbsp;or (ii)&nbsp;the
Business Day immediately following the day that Borrower receives such notice, if such notice is not received prior to such time, provided
that, if such L/C Disbursement is not less than $1,000,000, Borrower may, subject to the conditions to borrowing set forth herein, request
in accordance with <B><I>Section&nbsp;2.02</I></B> that such payment be financed with a Borrowing of Daily SOFR Rate Loans in an equivalent
amount and, to the extent so financed, Borrower&rsquo;s obligation to make such payment shall be discharged and replaced by the resulting
Borrowing of Daily SOFR Rate Loans. If Borrower fails to make such payment when due, Administrative Agent shall notify each Lender of
the applicable L/C Disbursement, the payment then due from Borrower in respect thereof (the &ldquo;<B><I>Unreimbursed Amount</I></B>&rdquo;)
and such Lender&rsquo;s Applicable Percentage thereof. In such event, Borrower shall be deemed to have requested a Borrowing of Daily
SOFR Rate Loans to be disbursed on the date of payment by the applicable L/C Issuer under a Letter of Credit in an amount equal to the
Unreimbursed Amount, without regard to the minimum and multiples specified in <B><I>Section&nbsp;2.02</I></B> for the principal amount
of Daily SOFR Rate Loans, but subject to the amount of the unutilized portion of the Aggregate Commitments and the conditions set forth
in <B><I>Section&nbsp;4.02</I></B> (other than the delivery of a Loan Notice). Any notice given by any L/C Issuer or Administrative Agent
pursuant to this <B><I>Section&nbsp;2.03(f)</I></B>&nbsp;may be given by telephone if immediately confirmed in writing; provided that
the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Obligations
Absolute</B>. Borrower&rsquo;s obligation to reimburse L/C Disbursements as provided in <B><I>clause (f)</I></B>&nbsp;of this <B><I>Section&nbsp;2.03</I></B>
shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under
any and all circumstances whatsoever and irrespective of:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
lack of validity or enforceability of this Agreement, any other Loan Document or any Letter of Credit, or any term or provision herein
or 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 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
existence of any claim, counterclaim, setoff, defense or other right that Borrower or any Subsidiary may have at any time against any
beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting),
any L/C Issuer or any other Person, whether in connection with this Agreement, the transactions contemplated hereby or by such Letter
of Credit or any agreement or instrument relating thereto, or any unrelated transaction;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
draft, demand, certificate or other document presented under a Letter of Credit proving to be forged, fraudulent, invalid or insufficient
in any respect or any statement in such draft or other document being untrue or inaccurate in any respect; or any loss or delay in the
transmission or otherwise of any document required in order to make a drawing under such Letter of Credit;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;waiver
by any L/C Issuer of any requirement that exists for such L/C Issuer&rsquo;s protection and not the protection of Borrower or any waiver
by such L/C Issuer which does not in fact materially prejudice Borrower;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;honor
of a demand for payment presented electronically even if such Letter of Credit required that demand be in the form of a draft;</P>

<P STYLE="font: 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">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
payment made by any L/C Issuer in respect of an otherwise complying item presented after the date specified as the expiration date of,
or the date by which documents must be received under such Letter of Credit if presentation after such date is required by the UCC, the
ISP or the UCP, 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 0pt 1in; text-align: justify; text-indent: 0.5in">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;payment
by the applicable L/C Issuer under a Letter of Credit against presentation of a draft or other document that does not comply strictly
with the terms of such Letter of Credit; or any payment made by any L/C Issuer under such Letter of Credit to any Person purporting to
be a trustee in bankruptcy, debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative
of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding
under any Debtor Relief Law; 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 1in; text-align: justify; text-indent: 0.5in">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this <B><I>Section&nbsp;2.03</I></B>,
constitute a legal or equitable discharge of, or provide a right of setoff against, Borrower&rsquo;s 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">Borrower shall promptly
examine a copy of each Letter of Credit and each amendment thereto that is delivered to it and, in the event of any claim of noncompliance
with Borrower&rsquo;s instructions or other irregularity, Borrower will immediately notify the applicable L/C Issuer. Borrower shall be
conclusively deemed to have waived any such claim against each L/C Issuer and its correspondents unless such notice is given as aforesaid.</P>

<P STYLE="font: 10pt Times New 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">None of Administrative
Agent, the Lenders, any L/C Issuer, or any of their Related Parties shall have any liability or responsibility by reason of or in connection
with the issuance or transfer of any Letter of Credit by the applicable L/C Issuer or any payment or failure to make any payment thereunder
(irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay
in transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document
required to make a drawing thereunder), any error in interpretation of technical terms, any error in translation or any consequence arising
from causes beyond the control of the applicable L/C Issuer; provided that the foregoing shall not be construed to excuse an L/C Issuer
from liability to Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are hereby
waived by Borrower to the extent permitted by applicable Law) suffered by Borrower that are caused by such L/C Issuer&rsquo;s failure
to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof.
The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of an L/C Issuer (as finally
determined by a court of competent jurisdiction), an L/C Issuer shall be deemed to have exercised care in each such determination, and
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 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
L/C Issuer may replace a purportedly lost, stolen, or destroyed original Letter of Credit or missing amendment thereto with a certified
true copy marked as such or waive a requirement for its presentation;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
L/C Issuer may accept documents that appear on their face to be in substantial compliance with the terms of a Letter of Credit without
responsibility for further investigation, regardless of any notice or information to the contrary, and may make payment upon presentation
of documents that appear on their face to be in substantial compliance with the terms of such Letter of Credit and without regard to any
non-documentary condition in such Letter of Credit;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;an
L/C Issuer shall have the right, in its sole discretion, to decline to accept such documents and to make such payment if such documents
are not in strict compliance with the terms of such Letter of Credit; 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">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;this
sentence shall establish the standard of care to be exercised by an L/C Issuer when determining whether drafts and other documents presented
under a Letter of Credit comply with the terms thereof (and the parties hereto hereby waive, to the extent permitted by applicable Law,
any standard of care inconsistent 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"></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">Without limiting
the foregoing, none of Administrative Agent, the Lenders, any L/C Issuer, or any of their Related Parties shall have any liability or
responsibility by reason of (i)&nbsp;any presentation that includes forged or fraudulent documents or that is otherwise affected by the
fraudulent, bad faith, or illegal conduct of the beneficiary or other Person, (ii)&nbsp;an L/C Issuer declining to take-up documents and
make payment (A)&nbsp;against documents that are fraudulent, forged, or for other reasons by which that it is entitled not to honor or
(B)&nbsp;following a Borrower&rsquo;s waiver of discrepancies with respect to such documents or request for honor of such documents or
(iii)&nbsp;an L/C Issuer retaining proceeds of a Letter of Credit based on an apparently applicable attachment order, blocking regulation,
or third-party claim notified to such L/C Issuer.</P>

<P STYLE="font: 10pt Times New 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;<B>Applicability
of ISP and UCP; Limitation of Liability</B>. Unless otherwise expressly agreed by the applicable L/C Issuer and Borrower when a Letter
of Credit is issued by it, (i)&nbsp;the rules&nbsp;of the ISP shall apply to each standby Letter of Credit, and (ii)&nbsp;the rules&nbsp;of
the UCP shall apply to each commercial Letter of Credit. Notwithstanding the foregoing, no L/C Issuer shall be responsible to Borrower
for, and no L/C Issuer&rsquo;s rights and remedies against Borrower shall be impaired by, any action or inaction of any L/C Issuer required
or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement,
including the Law or any order of a jurisdiction where any L/C Issuer or the beneficiary is located, the practice stated in the ISP or
UCP, as applicable, or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers
Association for Finance and Trade - International Financial Services Association (BAFT-IFSA), or the Institute of International Banking
Law&nbsp;&amp; Practice, whether or not any Letter of Credit chooses such law or practice.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;each
L/C Issuer shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the documents associated therewith,
and each L/C Issuer shall have all of the benefits and immunities (A)&nbsp;provided to Administrative Agent in <B><I>Article&nbsp;IX</I></B>
with respect to any acts taken or omissions suffered by such L/C Issuer in connection with Letters of Credit issued by it or proposed
to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term &ldquo;<I>Administrative Agent</I>&rdquo;
as used in <B><I>Article&nbsp;IX</I></B> included such L/C Issuer with respect to such acts or omissions, and (B)&nbsp;as additionally
provided herein with respect to such L/C Issuer.</P>

<P STYLE="font: 10pt Times New 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;<B>Letter
of Credit Fees</B>. Borrower shall pay to Administrative Agent for the account of each Lender in accordance, subject to <B><I>Section&nbsp;2.15</I></B>,
with its Applicable Percentage a Letter of Credit fee (the &ldquo;<B><I>Letter of Credit Fee</I></B>&rdquo;) for each Letter of Credit
equal to the Applicable Rate <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>for Letters of Credit</U></FONT> times the daily
amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter
of Credit, the amount of such Letter of Credit shall be determined in accordance with <B><I>Section&nbsp;1.06</I></B>. Letter of Credit
Fees shall be (i)&nbsp;due and payable on the first Business Day after the end of each March, June, September&nbsp;and December, commencing
with the first such date to occur after the issuance of such Letter of Credit, on the Maturity Date and thereafter on demand and (ii)&nbsp;computed
on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn
under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that
such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Lenders,
while any Event of Default exists, all Letter of Credit Fees shall accrue 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"></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">(k)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Fronting
Fee and Documentary and Processing Charges Payable to L/C Issuers</B>. Borrower shall pay directly to the applicable L/C Issuer for its
own account a fronting fee with respect to each Letter of Credit equal to the greater of (A)&nbsp;$1,500 per Letter of Credit on the date
of issuance of the applicable Letter of Credit and, if applicable, each renewal date for such Letter of Credit and (B)&nbsp;0.125% <I>per
annum</I> of the issued and undrawn amount of such Letter of Credit, computed on the daily amount available to be drawn under such Letter
of Credit on a quarterly basis in arrears. Such fronting fee shall be due and payable on the tenth Business Day after the end of each
March, June, September&nbsp;and December&nbsp;in respect of the most recently-ended quarterly period (or portion thereof, in the case
of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the date on which
such Letter of Credit expires in accordance with the terms hereof and thereafter on demand. For purposes of computing the daily amount
available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with <B><I>Section&nbsp;1.06</I></B>.
In addition, Borrower shall pay directly to the applicable L/C Issuer for its own account the customary issuance, presentation, amendment
and other processing fees, and other standard costs and charges, of such L/C Issuer relating to letters of credit as from time to time
in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.</P>

<P STYLE="font: 10pt Times New 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;<B>Disbursement
Procedures</B>. The applicable L/C Issuer for any Letter of Credit shall, within the time allowed by applicable Laws or the specific terms
of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter
of Credit. such L/C Issuer shall promptly after such examination notify Administrative Agent and Borrower in writing of such demand for
payment if such L/C Issuer has made or will make an L/C Disbursement thereunder; <I>provided</I> that any failure to give or delay in
giving such notice shall not relieve Borrower of its obligation to reimburse such L/C Issuer and the Lenders with respect to any such
L/C Disbursement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(m)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Interim
Interest</B>. If the applicable L/C Issuer for any Letter of Credit shall make any L/C Disbursement, then, unless Borrower shall reimburse
or a loan shall be made to reimburse such L/C Disbursement in full on the date such L/C Disbursement is made or the next date as provided
above, the unpaid amount thereof shall bear interest, for each day from and including the date such L/C Disbursement is made to but excluding
the date that Borrower reimburses such L/C Disbursement, at the rate <I>per annum</I> then applicable to Daily SOFR Rate Loans; provided
that if Borrower fails to reimburse such L/C Disbursement when due pursuant to <B><I>clause (f)</I></B>&nbsp;of this <B><I>Section&nbsp;2.03</I></B>,
then <B><I>Section&nbsp;2.07(b)</I></B>&nbsp;shall apply. Interest accrued pursuant to this <B><I>clause (m)</I></B>&nbsp;shall be for
account of such L/C Issuer, except that interest accrued on and after the date of payment by any Lender pursuant to <B><I>clause (f)</I></B>&nbsp;of
this <B><I>Section&nbsp;2.03</I></B> to reimburse such L/C Issuer shall be for account of such Lender to the extent of such payment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(n)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Replacement
of any L/C Issuer</B>. Any L/C Issuer may be replaced at any time by written agreement between Borrower, Administrative Agent, the replaced
L/C Issuer and the successor L/C Issuer. Administrative Agent shall notify the Lenders of any such replacement of an L/C Issuer. At the
time any such replacement shall become effective, Borrower shall pay all unpaid fees accrued for the account of the replaced L/C Issuer
pursuant to <B><I>Section&nbsp;2.03(j)</I></B>. From and after the effective date of any such replacement, (i)&nbsp;the successor L/C
Issuer shall have all the rights and obligations of an L/C Issuer under this Agreement with respect to Letters of Credit to be issued
by it thereafter and (ii)&nbsp;references herein to the term &ldquo;L/C Issuer&rdquo; shall be deemed to include such successor or any
previous L/C Issuer, or such successor and all previous L/C Issuer, as the context shall require. After the replacement of an L/C Issuer
hereunder, the replaced L/C Issuer shall remain a party hereto and shall continue to have all the rights and obligations of an L/C Issuer
under this Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall not be required to issue additional
Letters of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(o)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Cash
Collateralization</B>. If any Event of Default shall occur and be continuing, on the Business Day that Borrower receives notice from Administrative
Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, Lenders with L/C Obligations representing at least
66-2/3% of the total L/C Obligations) demanding the deposit of cash collateral pursuant to this <B><I>clause (o)</I></B>, Borrower shall
immediately deposit into an account established and maintained on the books and records of Administrative Agent (the &ldquo;<B><I>Collateral
Account</I></B>&rdquo;) an amount in cash equal to 105% of the total L/C Obligations as of such date, provided that the obligation to
deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and payable, without demand
or other notice of any kind, upon the occurrence of any Event of Default with respect to Borrower described in <B><I>clause (f)</I></B>&nbsp;of
<B><I>Section&nbsp;8.01</I></B>. Such deposit shall be held by Administrative Agent as collateral for the payment and performance of the
obligations of Borrower under this Agreement. In addition, and without limiting the foregoing or <B><I>clause (d)</I></B>&nbsp;of this
<B><I>Section&nbsp;2.03</I></B>, if any L/C Obligations remain outstanding after the expiration date specified in said <B><I>clause (d)</I></B>,
Borrower shall immediately deposit into the Collateral Account an amount in cash equal to 105% of such L/C Obligations as of such date;
<I>provided that</I> Borrower shall Cash Collateralize each Letter of Credit that has an expiration date beyond the Maturity Date at least
thirty (30) days prior to the Maturity Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">Administrative Agent
shall have exclusive dominion and control, including the exclusive right of withdrawal, over the Collateral Account. Other than any interest
earned on the investment of such deposits, which investments shall be made at the option and sole discretion of Administrative Agent and
at Borrower&rsquo;s risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate
in the Collateral Account. Moneys in the Collateral Account shall be applied by Administrative Agent to reimburse each L/C Issuer for
L/C Disbursements for which it has not been reimbursed, together with related fees, costs, and customary processing charges, and, to the
extent not so applied, shall be held for the satisfaction of the reimbursement obligations of Borrower for the L/C Obligations at such
time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders with L/C Obligations representing 66-2/3%
of the total L/C Obligations), be applied to satisfy other obligations of Borrower under this Agreement in accordance with <B><I>Section&nbsp;8.03</I></B>.
If Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount
(to the extent not applied as aforesaid) shall be returned to Borrower within three Business Days after all Events of Default have been
cured or waived.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(p)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Letters
of Credit Issued for Subsidiaries</B>. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations
of, or is for the account of, a Subsidiary, Borrower shall be obligated to reimburse, indemnify and compensate the applicable L/C Issuer
hereunder for any and all drawings under such Letter of Credit as if such Letter of Credit had been issued solely for the account of Borrower.
Borrower irrevocably waives any and all defenses that might otherwise be available to it as a guarantor or surety of any or all of the
obligations of such Subsidiary in respect of such Letter of Credit. Borrower hereby acknowledges that the issuance of Letters of Credit
for the account of Subsidiaries inures to the benefit of Borrower, and that Borrower&rsquo;s business derives substantial benefits from
the businesses of such Subsidiaries.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(q)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Conflict
with Issuer Documents</B>. In the event of any conflict between the terms hereof and the terms of any Issuer Document, the terms hereof
shall control.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.04&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Prepayments</B>.</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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrower
may, upon delivery of a Notice of Prepayment to Administrative Agent, at any time or from time to time voluntarily prepay Loans in whole
or in part without premium or penalty; <I>provided that</I> (i)&nbsp;such Notice of Prepayment must be received by Administrative Agent
not later than 11:00 a.m.&nbsp;<I>(A)&nbsp;</I>two Business Days prior to any date of prepayment of Term SOFR Rate Loans, <I>(B)&nbsp;</I>one
Business Day prior to any date of prepayment of Daily SOFR Rate Loans and <I>(C)&nbsp;</I>on the date of prepayment of Base Rate Loans;
<I>(ii)&nbsp;</I>any prepayment of Term SOFR Rate Loans or Daily SOFR Rate Loans shall be in a principal amount of $1,000,000 or a whole
multiple of $500,000 in excess thereof; and <I>(iii)&nbsp;</I>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, the entire principal amount thereof then outstanding. Each such notice
shall specify the date and amount of such prepayment. Administrative Agent will promptly notify each Lender of its receipt of each such
notice, and of the amount of such Lender&rsquo;s ratable portion of such prepayment (based on such Lender&rsquo;s Applicable Percentage).
If such notice is given by Borrower, Borrower shall make such prepayment and the payment amount specified in such notice shall be due
and payable on the date specified therein. Any prepayment of a Loan shall be accompanied by all accrued interest on the amount prepaid,
together with, in the case of any Term SOFR Rate Loan or Daily SOFR Rate Loan, any additional amounts required pursuant to <B><I>Section&nbsp;3.05</I></B>,
if any. Subject to <B><I>Section&nbsp;2.15</I></B>, each such prepayment shall be applied to the Loans of 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
for any reason the Total Outstandings at any time exceed the Aggregate Commitments then in effect, Borrower shall immediately upon demand
prepay Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that Borrower
shall not be required to Cash Collateralize the L/C Obligations pursuant to this <B><I>Section&nbsp;2.04(b)</I></B>&nbsp;unless after
the prepayment in full of the Loans the Total Outstandings exceed the Aggregate Commitments then 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: 0.5in">2.05&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Termination
or Reduction of Commitments</B><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U><B>Voluntary</B></U></FONT>.
Borrower may, upon notice to Administrative Agent, terminate the Aggregate Commitments, or from time to time permanently reduce the Aggregate
Commitments; provided that (i)&nbsp;any such notice shall be received by Administrative Agent not later than 11:00 a.m.&nbsp;three Business
Days prior to the date of termination or reduction, (ii)&nbsp;any such partial reduction shall be in an aggregate amount of $5,000,000
or any whole multiple of $1,000,000 in excess thereof, and (iii)&nbsp;Borrower shall not terminate or reduce the Aggregate Commitments
if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Outstandings would exceed the Aggregate Commitments.
Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate 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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; 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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U><B>Mandatory</B>.
On each date set forth below, the Aggregate Commitments shall be automatically and permanently reduced to the amount set forth opposite
such date below:</U></FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 40%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #CCCCFF">
    <TD STYLE="background-color: White; width: 44%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Date</U></B></FONT></TD>
    <TD STYLE="background-color: White; width: 56%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><B><U>Aggregate Commitments</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #CCCCFF">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>October&nbsp;1, 2023</U></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>$125,000,000</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #CCCCFF">
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>April&nbsp;1, 2024</U></FONT></TD>
    <TD STYLE="background-color: White; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>$100,000,000</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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(c)</U></FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U><B>Application
of Commitment Reductions; Payment of Fees</B>.</U></FONT> Any reduction of the Aggregate Commitments shall be applied to the Commitment
of each Lender according to its Applicable Percentage. All fees accrued until the effective date of any termination of the Aggregate Commitments
shall be paid on the effective date of 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"></P>

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

<P STYLE="font: 10pt Times New Roman, 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">2.06&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Repayment
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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrower
shall repay to the Lenders on the Maturity Date the aggregate principal amount of Loans outstanding on such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrower
shall Fully Satisfy all other Obligations (to the extent not specified in <B><I>subsection 2.06(a)</I></B>&nbsp;above) on or prior to
the earlier of (i)&nbsp;the date on which payment of such Obligations are required to be paid pursuant to the terms hereof or of the other
Loan Documents, and (ii)&nbsp;the later of the Maturity Date; provided, however, that L/C Obligations that have been fully Cash Collateralized
as of the date that is thirty (30) days prior to the Letter of Credit Issuance Expiration Date in accordance with <B><I>Section&nbsp;2.14(a)</I></B>&nbsp;may
remain outstanding for a period of up to twelve (12) months following the Maturity Date (subject to the earlier expiration of such L/C
Obligations pursuant to the terms of the applicable Letter of Credit).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.07&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to the provisions of <B><I>subsection (b)</I></B>&nbsp;below, (i)&nbsp;each Daily SOFR Rate Loan shall bear interest on the outstanding
principal amount thereof at a rate <I>per annum</I> equal to Daily Simple SOFR <I>plus</I> the Applicable Rate for Daily SOFR Rate Loans;
(ii)&nbsp;each Term SOFR Rate Loan shall bear interest on the outstanding principal amount thereof at a rate <I>per annum</I> equal to
Term SOFR for such Interest Period <I>plus</I> the Applicable Rate for Term SOFR Rate Loans; and (iii)&nbsp;each Base Rate Loan shall
bear interest on the outstanding principal amount thereof at a rate <I>per annum</I> equal to the Base Rate <I>plus</I> the Applicable
Rate 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any amount of principal of any Loan is not paid within five days after the date when due (other than at the Maturity Date, whether at
stated maturity or by acceleration, as to which such five day period shall not apply), such amount shall thereafter bear interest at a
fluctuating interest rate <I>per annum</I> at all times equal to the applicable Default Rate to the fullest extent permitted by applicable
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 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any amount (other than principal of any Loan) payable by Borrower under any Loan Document is not paid within five days after the date
when due (other than at the Maturity Date, whether at stated maturity or by acceleration, as to which such five day period shall not apply),
then upon the request of the Required Lenders, such amount shall thereafter bear interest at a fluctuating interest rate <I>per annum</I>
at all times equal to the applicable Default Rate to the fullest extent permitted by applicable 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 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
the request of the Required Lenders, while any Event of Default exists, Borrower shall pay interest on the principal amount of all outstanding
Obligations hereunder at a fluctuating interest rate <I>per annum</I> at all times equal to the applicable Default Rate to the fullest
extent permitted by applicable 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 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
on each Loan shall be due and payable in arrears 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>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.08&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Fees</B>.
In addition to certain fees described in <B><I>subsections (j)</I></B>&nbsp;and <B><I>(k)</I></B>&nbsp;of <B><I>Section&nbsp;2.03</I></B>:</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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><B><STRIKE>Facility</STRIKE></B></FONT><B><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Unused
Commitment</U></FONT></B><B> Fee</B>. Borrower shall pay to Administrative Agent for the account of each Lender in accordance with its
Applicable Percentage, a <FONT STYLE="color: red"><STRIKE>facility</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>commitment
</U></FONT>fee <FONT STYLE="color: red"><STRIKE>(the &ldquo;<B><I>Facility Fee</I></B>&rdquo;)</STRIKE></FONT> equal to the <FONT STYLE="color: red"><STRIKE>applicable
facility fee percentage identified in the definition of </STRIKE></FONT>Applicable Rate for <FONT STYLE="color: red"><STRIKE>Loans <I>per
annum</I></STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
Unused Commitment Fee</U></FONT> times the actual daily amount <FONT STYLE="color: red"><STRIKE>of</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>by
which</U></FONT> the Aggregate Commitments <FONT STYLE="color: red"><STRIKE>(or, if</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>exceed
</U></FONT>the <FONT STYLE="color: red"><STRIKE>Aggregate Commitments have terminated, on</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>sum
of (i)</U></FONT>&nbsp;the Outstanding Amount of <FONT STYLE="color: red"><STRIKE>all</STRIKE></FONT> Loans and <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(ii</U></FONT><U><FONT STYLE="text-underline-style: double; color: #00C000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">)&nbsp;the
Outstanding Amount of</FONT></U>&nbsp;L/C Obligations<FONT STYLE="color: red"><STRIKE>), regardless of usage</STRIKE></FONT>, subject to adjustment
as provided in <B><I>Section&nbsp;2.15</I></B>. The <FONT STYLE="color: red"><STRIKE>Facility Fee</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>unused
commitment fee</U></FONT> shall accrue at all times during the Availability Period <FONT STYLE="color: red"><STRIKE>(and thereafter so
long as any Loans or L/C Obligations remain outstanding)</STRIKE></FONT>, including at any time during which one or more of the conditions
in <B><I>Article&nbsp;IV</I></B> is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March,
June, September&nbsp;and December, commencing with the first such date to occur after the <FONT STYLE="color: red"><STRIKE>Closing</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>First
Amendment Effective</U></FONT> Date, and on the last day of the Availability Period <FONT STYLE="color: red"><STRIKE>(and, if applicable,
thereafter on demand). The Facility Fee</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>.
The unused commitment fee</U></FONT> shall be calculated quarterly in arrears<FONT STYLE="color: red"><STRIKE>, and if there is any change
in the Applicable Rate during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate separately
for each period during such quarter that such Applicable Rate was in effect</STRIKE></FONT>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Other
Fees</B>.</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">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
duplication of the requirements hereof, Borrower shall pay to Administrative Agent, and BofA Securities, for their own respective account
fees in the amounts and at the times specified in the Fee Letters. Such fees shall be fully earned when paid and shall not be refundable
for any reason whatsoever unless mutually agreed by the parties to the Fee Letters.</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">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrower
shall pay to the Lenders such fees as shall have been separately agreed upon in writing (and approved by BofA Securities and Administrative
Agent) in the amounts and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason
whatsoever.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.09&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Computation
of Interest and Fees<FONT STYLE="color: red"><STRIKE>; Retroactive Adjustments of Applicable Rate</STRIKE></FONT></B>.<FONT STYLE="color: red"><STRIKE>(a)&nbsp;
</STRIKE></FONT>All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to Term SOFR) 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 each 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, provided that any Loan that is repaid
on the same day on which it is made shall, subject to <B><I>Section&nbsp;2.11(a)</I></B>, bear interest for one day. Each determination
by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.</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; color: red"><FONT STYLE=""><STRIKE>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If,
as a result of any restatement of or other adjustment to the financial statements of Borrower or for any other reason, Borrower or the
Lenders determine that (i)&nbsp;the Leverage Ratio as calculated by Borrower as of any applicable date was inaccurate and (ii)&nbsp;a
proper calculation of the Leverage Ratio would have resulted in higher pricing for such period, Borrower shall immediately and retroactively
be obligated to pay to Administrative Agent for the account of the applicable Lenders or the applicable L/C Issuer, as the case may be,
promptly on demand by Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect
to Borrower under the Bankruptcy Code of the United States, automatically and without further action by Administrative Agent, any Lender
or any L/C Issuer), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the
amount of interest and fees actually paid for such period. This <B><I>clause (b)</I></B>&nbsp;shall not limit the rights of Administrative
Agent, any Lender or any L/C Issuer, as the case may be, under <B><I>Section&nbsp;2.03(c)</I></B>, <B><I>2.03(h)</I></B>&nbsp;or <B><I>2.07(b)</I></B>&nbsp;or
under <B><I>Article&nbsp;VIII</I></B>. Borrower&rsquo;s obligations under this <B><I>clause (b)</I></B>&nbsp;shall survive the termination
of the Aggregate Commitments and the repayment of all other Obligations hereunder</STRIKE></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.10&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Evidence
of Debt</B>.</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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by Administrative
Agent in the ordinary course of business. The accounts or records maintained by Administrative Agent and each Lender shall be conclusive
absent manifest error of the amount of the Credit Extensions made by the Lenders to 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 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 Administrative Agent in respect of such matters, the accounts and records of Administrative Agent shall
control in the absence of manifest error. Upon the request of any Lender made through Administrative Agent, Borrower shall execute and
deliver to such Lender (through Administrative 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.</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;In
addition to the accounts and records referred to in <B><I>subsection (a)</I></B>, each Lender and Administrative Agent shall maintain
in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters
of Credit. In the event of any conflict between the accounts and records maintained by Administrative Agent and the accounts and records
of any Lender in respect of such matters, the accounts and records of Administrative Agent shall control in the absence of manifest error.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.11&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Payments
Generally; Administrative Agent&rsquo;s Clawback</B>.</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">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>General</B>.
All payments to be made by Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff.
Except as otherwise expressly provided herein, all payments by Borrower hereunder shall be made to Administrative Agent, for the account
of the respective Lenders to which such payment is owed, at Administrative Agent&rsquo;s Office in Dollars and in immediately available
funds not later than 1:00 p.m.&nbsp;on the date specified herein. Administrative Agent will promptly distribute to each Lender its Applicable
Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender&rsquo;s
Lending Office and if such payments by Borrower are made to Administrative Agent by 1:00 p.m., Administrative Agent will distribute such
funds to Lenders specified in this <B><I>Section&nbsp;2.11(a)</I></B>&nbsp;on that same Business Day. All payments received by Administrative
Agent after 1:00 p.m.&nbsp;shall be deemed received on the next succeeding Business Day (and shall be distributed to the Lenders in accordance
with this <B><I>Section&nbsp;2.11(a)</I></B>&nbsp;on such next succeeding Business Day) and any applicable interest or fee shall continue
to accrue. If any payment to be made by Borrower shall come due on a day other than a Business Day, payment shall be made on the next
following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Funding
by Lenders; Presumption by Administrative Agent</B>. Unless Administrative Agent shall have received notice from a Lender prior to the
proposed date of any Borrowing of Loans that such Lender will not make available to Administrative Agent such Lender&rsquo;s share of
such Borrowing, Administrative Agent may assume that such Lender has made such share available on such date in accordance with <B><I>Section&nbsp;2.02</I></B>
and may, in reliance upon such assumption, make available to Borrower a corresponding amount. In such event, if a Lender has not in fact
made its share of the applicable Borrowing available to Administrative Agent, then the applicable Lender and Borrower severally agree
to pay to Administrative 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 Borrower to but excluding the date of payment to Administrative
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
Administrative Agent in accordance with banking industry rules&nbsp;on interbank compensation, plus any administrative, processing or
similar fees customarily charged by Administrative Agent in connection with the foregoing, and (B)&nbsp;in the case of a payment to be
made by Borrower, the interest rate applicable to Daily SOFR Rate Loans. If Borrower and such Lender shall pay such interest to Administrative
Agent for the same or an overlapping period, Administrative Agent shall promptly remit to Borrower the amount of such interest paid by
Borrower for such period. If such Lender pays its share of the applicable Borrowing to Administrative Agent, then the amount so paid shall
constitute such Lender&rsquo;s Loan included in such Borrowing. Any payment by Borrower shall be without prejudice to any claim Borrower
may have against a Lender that shall have failed to make such payment to Administrative Agent.</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">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Payments
by Borrower; Presumptions by Administrative Agent</B>. Unless Administrative Agent shall have received notice from Borrower prior to the
date on which any payment is due to Administrative Agent for the account of the Lenders or any L/C Issuer hereunder that Borrower will
not make such payment, Administrative Agent may assume that Borrower has made such payment on such date in accordance herewith and may,
in reliance upon such assumption, distribute to the Lenders or the applicable L/C Issuers, as the case may be, the amount due.</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">With respect to any
payment that Administrative Agent makes for the account of the Lenders or any L/C Issuer hereunder as to which Administrative Agent determines
(which determination shall be conclusive absent manifest error) that any of the following applies (such payment referred to as the &ldquo;<B><I>Rescindable
Amount</I></B>&rdquo;): (1)&nbsp;Borrower has not in fact made such payment; (2)&nbsp;Administrative Agent has made a payment in excess
of the amount so paid by Borrower (whether or not then owed); or (3)&nbsp;Administrative Agent has for any reason otherwise erroneously
made such payment; then each of the Lenders or the applicable L/C Issuer, as the case may be, severally agrees to repay to Administrative
Agent forthwith on demand the Rescindable Amount so distributed to such Lender or such L/C Issuer, 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 Administrative
Agent, at the greater of the Federal Funds Rate and a rate determined by Administrative Agent in accordance with banking industry rules&nbsp;on
interbank compensation.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="background-color: lightgrey"></FONT></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">A notice of Administrative
Agent to any Lender or Borrower with respect to any amount owing under this <B><I>subsection (b)</I></B>&nbsp;shall be conclusive, absent
manifest error</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">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Failure
to Satisfy Conditions Precedent</B>. If any Lender makes available to Administrative Agent funds for any Loan to be made by such Lender
as provided in the foregoing provisions of this <B><I>Article&nbsp;II</I></B>, and such funds are not made available to Borrower by Administrative
Agent because the conditions to the applicable Credit Extension set forth in <B><I>Article&nbsp;IV</I></B> are not satisfied or waived
in accordance with the terms hereof, Administrative Agent shall promptly return such funds (in like funds as received from such Lender)
to such Lender, without interest.</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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Obligations
of Lenders Several</B>. The obligations of the Lenders hereunder to make Loans, to fund participations in Letters of Credit and to make
payments pursuant to <B><I>Section&nbsp;10.04(c)</I></B>&nbsp;are several and not joint. The failure of any Lender to make any Loan, to
fund any such participation or to make any payment under <B><I>Section&nbsp;10.04(c)</I></B>&nbsp;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, to purchase its participation or to make its payment under <B><I>Section&nbsp;10.04(c)</I></B>.</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">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Funding
Source</B>. 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>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.12&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>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 or interest on any of the Loans made by it, or the participations in L/C Obligations held by it resulting in such
Lender&rsquo;s receiving payment of a proportion of the aggregate amount of such Loans or participations and accrued interest thereon
greater than its <I>pro rata</I> share thereof as provided herein, then the Lender receiving such greater proportion shall (a)&nbsp;notify
Administrative Agent of such fact, and (b)&nbsp;purchase (for cash at face value) participations in the Loans and subparticipations in
L/C 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 in accordance with the aggregate amount of principal of and accrued interest on their respective
Loans and other amounts owing them, provided that:</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">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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>

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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">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
provisions of this <B><I>Section</I></B>&nbsp;shall not be construed to apply to (x)&nbsp;any payment made by or on behalf of Borrower
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), (y)&nbsp;the application of Cash Collateral provided for in <B><I>Section&nbsp;2.14</I></B>, or (z)&nbsp;any
payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or subparticipations
in L/C Obligations to any assignee or participant, other than an assignment to Borrower or any Affiliate thereof (as to which the provisions
of this <B><I>Section</I></B>&nbsp;shall 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Borrower consents to the foregoing
and agrees, to the extent it may effectively do so under applicable Law, that any Lender acquiring a participation pursuant to the foregoing
arrangements may exercise against Borrower rights of setoff and counterclaim with respect to such participation as fully as if such Lender
were a direct creditor of Borrower 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: 0.5in; color: red"><FONT STYLE=""><STRIKE>2.13&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Increase
in Commitments</B>.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Request
for Increase</B>. Provided there exists no Default, upon notice to Administrative Agent (which shall promptly notify the Lenders), Borrower
may from time to time request an increase in the Aggregate Commitments to an amount not exceeding $750,000,000 in the aggregate; <I>provided</I>
that (I)&nbsp;any such request for an increase shall be in a minimum amount of $20,000,000 (or such lesser amount as approved by Administrative
Agent), and (II)&nbsp;Borrower may make a maximum of three such requests. Any increases to the Aggregate Commitments may take the form
of an increase in the Commitments or an addition of one or more additional revolving or new term loan tranches with a maturity date occurring
on or after the Maturity Date and not requiring principal amortization prior to the Maturity Date, in which case such additional tranches
shall constitute new commitments and loans hereunder (and the definitions of &ldquo;<I>Commitments</I>&rdquo; and &ldquo;<I>Loans</I>&rdquo;
shall be amended accordingly). At the time of sending such notice, Borrower (in consultation with Administrative Agent) shall specify
the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date
of delivery of such notice to the Lenders). Any increase of the Aggregate Commitments pursuant to this <B><I>Section&nbsp;2.13</I></B>
shall be subject to the agreement of one or more Lenders or Eligible Assignees (who may or may not then be a Lender hereunder) to provide
such increased Commitments pursuant to the terms hereof.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Lender
Elections to Increase</B>. Each Lender shall notify Administrative Agent within such time period whether or not it agrees to increase
its Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase.
Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Notification
by Administrative Agent; Additional Lenders</B>. Administrative Agent shall notify Borrower and each Lender of the Lenders&rsquo; responses
to each request made hereunder. To achieve the full amount of a requested increase and subject to the approval of Administrative Agent
and each L/C Issuer (which approvals shall not be unreasonably withheld, conditioned or delayed), Borrower and/or BofA Securities may
also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form and substance reasonably satisfactory
to Borrower, Administrative Agent and their respective counsel. Arrangers shall use their best efforts to procure such additional or increased
Commitments, and facilitate such increase in the Aggregate Commitments, and Borrower shall reasonably cooperate with Arrangers to obtain
new Commitments to support any such increase in the Aggregate Commitments, provided that Borrower will coordinate all such efforts (including,
without limitation, any communications (written, electronic or oral) with any prospective lending source) through Arrangers. In no event
shall any Lender be obligated to provide an additional Commitment.</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Effective
Date and Allocations</B>. If the Aggregate Commitments are increased in accordance with this <B><I>Section</I></B>, Administrative Agent
and Borrower shall determine the effective date (the &ldquo;<B><I>Increase Effective Date</I></B>&rdquo;) and the final allocation of
such increase. Administrative Agent shall promptly notify Borrower and the Lenders of the final allocation of such increase and the Increase
Effective Date.</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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: red; "><STRIKE>(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Conditions
to Effectiveness of Increase</B>. As a condition precedent to such increase, (i)&nbsp;Borrower shall deliver to Administrative Agent a
certificate of Borrower dated as of the Increase Effective Date (in sufficient copies for each Lender) signed</STRIKE></FONT><STRIKE>
<FONT STYLE="color: #00C000; ">by a Responsible Officer</FONT></STRIKE><STRIKE> <FONT STYLE="color: red; ">(A)&nbsp;certifying
and attaching the resolutions adopted by Borrower approving or consenting to such increase, and (B)&nbsp;certifying that, before and after
giving effect to such increase, (1)&nbsp;the representations and warranties contained in <B><I>Article&nbsp;V</I></B> and the other Loan
Documents are true and correct in all material respects on and as of the Increase Effective Date, except (x)&nbsp;to the extent that such
representations and warranties specifically refer to an earlier date, in which case they are true and correct in all material respects
as of such earlier date, and (y)&nbsp;except that for purposes of this <B><I>Section&nbsp;2.13</I></B>, (I)&nbsp;the representations and
warranties contained in <B><I>subsections (a)</I></B>, <B><I>(b)</I></B>&nbsp;and <B><I>(c)</I></B>&nbsp;of <B><I>Section&nbsp;5.05</I></B>
shall be deemed to refer to the most recent statements furnished pursuant to <B><I>clauses (a)</I></B>&nbsp;and <B><I>(b)</I></B>, respectively,
of <B><I>Section&nbsp;6.01</I></B>; and (II)&nbsp;the representations and warranties contained in <B><I>Section&nbsp;5.13(a)</I></B>&nbsp;shall
be deemed to refer to the most recent update to <B><I>Schedule 5.13(a)</I></B>&nbsp;furnished pursuant to <B><I>Section&nbsp;6.02(a)(ii)</I></B>&nbsp;and
shall be true and correct in all material respects as of the effective date of such update, (2)&nbsp;the representations and warranties
contained in the first and second sentences of <B><I>Section&nbsp;5.21</I></B> shall be deemed to refer to the most recent update to <B><I>Schedule
5.21</I></B> furnished pursuant to <B><I>Section&nbsp;6.02(a)(i)</I></B>, and shall be true and correct in all material respects as of
the effective date of such update, and (3)&nbsp;no Default or Event of Default exists, and (ii)(x)&nbsp;upon the reasonable request of
any Lender made at least five days prior to the Increase Effective Date, Borrower shall have provided to such Lender, and such Lender
shall be reasonably satisfied with, the documentation and other information so requested in connection with applicable &ldquo;know your
customer&rdquo; and anti-money-laundering rules&nbsp;and regulations, including, without limitation, the PATRIOT Act, in each case at
least five days prior to the Increase Effective Date and (y)&nbsp;at least five days prior to the Increase Effective Date, any Loan Party
that qualifies as a &ldquo;legal entity customer&rdquo; under the Beneficial Ownership Regulation shall have delivered, to each Lender
that so requests, a Beneficial Ownership Certification in relation to such Loan Party. The Applicable Percentages of the Lenders shall
be recalculated concurrently with the effectiveness of any increase in the Aggregate Commitments pursuant to this <B><I>Section&nbsp;2.13</I></B>.</FONT></STRIKE></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; color: red"><FONT STYLE=""><STRIKE>(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Conflicting
Provisions</B>. This <B><I>Section</I></B>&nbsp;shall supersede any provisions in <B><I>Section&nbsp;10.01</I></B> to the contrary. Without
limiting the foregoing, an increase in Aggregate Commitments pursuant to this <B><I>Section&nbsp;2.13</I></B> and any amendments to this
Agreement made to evidence such increase shall not require the consent of any Lender not participating in such increase</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: 0.5in"><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>2.13</U></Font>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U><B>[Intentionally
Deleted]</B></U></FONT>.

<P STYLE="font: 10pt Times New Roman, 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">2.14&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Cash
Collateral</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;<B>Obligation
to Cash Collateralize</B>. At any time that there shall exist a Defaulting Lender, within one Business Day following the written request
of Administrative Agent or any L/C Issuer (with a copy to Administrative Agent), Borrower shall Cash Collateralize the L/C Issuers&rsquo;
Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to <B><I>Section&nbsp;2.15(a)(iv)</I></B>&nbsp;and
any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.</P>

<P STYLE="font: 10pt Times New 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;<B>Grant
of Security Interest</B>. Borrower, and to the extent provided by any Defaulting Lender, such Defaulting Lender, hereby grants to (and
subjects to the control of) Administrative Agent, for the benefit of Administrative Agent, the L/C Issuers and the Lenders, and agrees
to maintain, a first priority security interest in all such cash, deposit accounts and all balances therein, and all other property so
provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to which such Cash Collateral
may be applied pursuant to <B><I>Section&nbsp;2.14(c)</I></B>. If at any time Administrative Agent determines that Cash Collateral is
subject to any right or claim of any Person other than Administrative Agent or the applicable L/C Issuer as herein provided, or that the
total amount of such Cash Collateral is less than the Minimum Collateral Amount, Borrower will, promptly upon demand by Administrative
Agent, pay or provide to Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency (determined
in the case of Cash Collateral provided pursuant to <B><I>clause (a)</I></B>&nbsp;above, after giving effect to <B><I>Section&nbsp;2.15(a)(iv)</I></B>&nbsp;and
any Cash Collateral provided by the Defaulting Lender). All Cash Collateral (other than credit support not constituting funds subject
to deposit) shall be maintained in one or more Controlled Accounts at Bank of America. Borrower shall pay on demand therefor from time
to time all customary account opening, activity and other administrative fees and charges in connection with the maintenance and disbursement
of Cash Collateral.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Application</B>.
Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral provided under any of this <B><I>Section&nbsp;2.14(c)</I></B>&nbsp;or
<B><I>Sections 2.03</I></B>, <B><I>2.15</I></B> or <B><I>8.02</I></B> in respect of Letters of Credit shall be held and applied to the
satisfaction of the specific L/C Obligations, obligations to fund participations therein (including, as to Cash Collateral provided by
a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so provided, prior
to any other application of such property as may otherwise be provided for herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;<B>Release</B>.
Cash Collateral (or the appropriate portion thereof) provided to reduce Fronting Exposure or to secure other obligations shall be released
promptly following (i)&nbsp;the elimination of the applicable Fronting Exposure or other obligations giving rise thereto (including by
the termination of Defaulting Lender status of the applicable Lender (or, as appropriate, its assignee following compliance with <B><I>Section&nbsp;10.06(b)(vi)</I></B>))
or (ii)&nbsp;the determination by Administrative Agent and the applicable L/C Issuer that there exists excess Cash Collateral; provided,
however, the Person providing Cash Collateral and the applicable L/C Issuer may agree that Cash Collateral shall not be released but instead
held to support future anticipated Fronting Exposure or 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: 0.5in">2.15&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Adjustments</B>.
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 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Waivers
and Amendments</B>. Such 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;<I>Required Lenders</I>&rdquo; and <B><I>Section&nbsp;10.01</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Defaulting
Lender Waterfall</B>. Any payment of principal, interest, fees or other amounts received by Administrative Agent for the account of such
Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to <B><I>Article&nbsp;VIII</I></B> or otherwise) or received
by Administrative Agent from a Defaulting Lender pursuant to <B><I>Section&nbsp;10.08</I></B> shall be applied at such time or times as
may be determined by Administrative Agent as follows: <I>first</I>, to the payment of any amounts owing by such Defaulting Lender to Administrative
Agent hereunder; <I>second</I>, to the payment on a <I>pro rata</I> basis of any amounts owing by such Defaulting Lender to any L/C Issuer
hereunder; <I>third</I>, to Cash Collateralize the L/C Issuers&rsquo; Fronting Exposure with respect to such Defaulting Lender in accordance
with <B><I>Section&nbsp;2.14</I></B>; <I>fourth</I>, as Borrower may request (so long as no Default or Event of Default exists), to the
funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as
determined by Administrative Agent; <I>fifth</I>, if so determined by Administrative Agent and Borrower, to be held in a deposit account
and released <I>pro rata</I> in order to (x)&nbsp;satisfy such Defaulting Lender&rsquo;s potential future funding obligations with respect
to Loans under this Agreement and (y)&nbsp;Cash Collateralize the L/C Issuers&rsquo; future Fronting Exposure with respect to such Defaulting
Lender with respect to future Letters of Credit issued under this Agreement, in accordance with <B><I>Section&nbsp;2.14</I></B>; <I>sixth</I>,
to the payment of any amounts owing to the Lenders or the L/C Issuers as a result of any judgment of a court of competent jurisdiction
obtained by any Lender or any L/C Issuer against such Defaulting Lender as a result of such Defaulting Lender&rsquo;s breach of its obligations
under this Agreement; <I>seventh</I>, so long as no Default or Event of Default exists, to the payment of any amounts owing to Borrower
as a result of any judgment of a court of competent jurisdiction obtained by Borrower against such Defaulting Lender as a result of such
Defaulting Lender&rsquo;s breach of its obligations under this Agreement; and <I>eighth</I>, to such Defaulting Lender or as otherwise
directed by a court of competent jurisdiction; <I>provided</I> that if (x)&nbsp;such payment is a payment of the principal amount of any
Loans or L/C Borrowings in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y)&nbsp;such Loans
were made or the related Letters of Credit were issued at a time when the conditions set forth in <B><I>Section&nbsp;4.02</I></B> were
satisfied or waived, such payment shall be applied solely to pay the Loans of, and L/C Obligations owed to, all Non-Defaulting Lenders
on a <I>pro rata</I> basis prior to being applied to the payment of any Loans of, or L/C Obligations owed to, such Defaulting Lender until
such time as all Loans and funded and unfunded participations in L/C Obligations are held by the Lenders <I>pro rata</I> in accordance
with the Commitments hereunder without giving effect to <B><I>Section&nbsp;2.15(a)(iv)</I></B>. Any payments, prepayments or other amounts
paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral
pursuant to this <B><I>Section&nbsp;2.15(a)(ii)</I></B>&nbsp;shall be deemed paid to and redirected by such Defaulting Lender, and each
Lender irrevocably consents hereto.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Certain
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 0pt 1.5in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red; "><STRIKE>Each</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>No</U></FONT>
Defaulting Lender shall be entitled to receive fees payable under <B><I>Section&nbsp;2.08(a)</I></B>&nbsp;for any period during which
that Lender is a Defaulting Lender <FONT STYLE="color: red; "><STRIKE>only to extent allocable to the sum of (1)&nbsp;the
outstanding principal amount of the Loans funded by it, and (2)&nbsp;its Applicable Percentage of the stated amount of Letters of Credit
for which it has provided Cash Collateral pursuant to <B><I>Section&nbsp;2.14</I></B></STRIKE></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
Defaulting Lender shall be entitled to receive Letter of Credit Fees for any period during which that Lender is a Defaulting Lender only
to the extent allocable to its Applicable Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral
pursuant to <B><I>Section&nbsp;2.14</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With
respect to any fee payable under <B><I>Section&nbsp;2.08(a)</I></B>&nbsp;or any Letter of Credit Fee not required to be paid to any Defaulting
Lender pursuant to <B><I>clause (A)</I></B>&nbsp;or <B><I>(B)</I></B>&nbsp;above, Borrower shall (x)&nbsp;pay to each Non-Defaulting Lender
that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting Lender&rsquo;s participation
in L/C Obligations that has been reallocated to such Non-Defaulting Lender pursuant to <B><I>clause (iv)</I></B>&nbsp;below, (y)&nbsp;pay
to each L/C Issuer the amount of any such fee otherwise payable to such Defaulting Lender to the extent allocable to such L/C Issuer&rsquo;s
Fronting Exposure to such Defaulting Lender, and (z)&nbsp;not be required to pay the remaining amount of any such fee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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 1in; text-align: justify; text-indent: 0.5in">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Reallocation
of Applicable Percentages to Reduce Fronting Exposure</B>. All or any part of such Defaulting Lender&rsquo;s participation in L/C Obligations
shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without regard
to such Defaulting Lender&rsquo;s Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit
Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender&rsquo;s Commitment. Subject to <B><I>Section&nbsp;10.20</I></B>,
no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising
from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting
Lender&rsquo;s increased exposure following such reallocation.</P>

<P STYLE="font: 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">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Cash
Collateral</B>. If the reallocation described in <B><I>clause (a)(iv)</I></B>&nbsp;above cannot, or can only partially, be effected, Borrower
shall, without prejudice to any right or remedy available to it hereunder or under applicable Law, Cash Collateralize the L/C Issuers&rsquo;
Fronting Exposure in accordance with the procedures set forth in <B><I>Section&nbsp;2.14</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Defaulting
Lender Cure</B>. If Borrower, Administrative Agent, each L/C Issuer agree in writing that a Lender is no longer a Defaulting Lender, Administrative
Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set
forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase
at par that portion of outstanding Loans of the other Lenders or take such other actions as Administrative Agent may determine to be necessary
to cause the Loans and funded and unfunded participations in Letters of Credit to be held <I>pro rata</I> by the Lenders in accordance
with the Commitments (without giving effect to <B><I>Section&nbsp;2.15(a)(iv)</I></B>), whereupon such 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 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 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>New
Letters of Credit</B>. So long as any Lender is a Defaulting Lender, no L/C Issuer shall be required to issue, extend, increase, reinstate
or renew any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.16&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Extension
of Maturity Date</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;Borrower
may, by notice to Administrative Agent from time to time request an extension (each, an &ldquo;<B><I>Extension</I></B>&rdquo;) of the
Maturity Date for all or a portion of the Loans and Commitments be extended to the extended maturity date specified in such notice. Such
notice shall set forth the date on which such Extension is requested to become effective (which shall be not less than thirty (30) days
nor more than sixty (60) days after the date of such Extension notice (or, at the request of Borrower, such longer or shorter periods
as Administrative Agent shall agree in its sole discretion)). Each Lender shall be offered (an &ldquo;<B><I>Extension Offer</I></B>&rdquo;)
an opportunity to participate in such Extension on a pro rata basis and on the same terms and conditions as each other Lender pursuant
to procedures established by, or reasonably acceptable to, Administrative Agent and Borrower and such Extension Offer shall specify the
time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days from the date of
delivery of such notice to the Lenders); <I>provided</I> that no Lender shall have any obligation to accept any Extension Offer and any
failure by a Lender to respond to an Extension Offer shall be deemed to be a rejection of such Extension Offer. If Lenders holding Commitments
that equal or exceed the amount requested to be extended in the relevant Extension Offer shall have accepted such Extension Offer (each
such accepting Lender, an &ldquo;<B><I>Extending Lender</I></B>&rdquo;), then the Maturity Date for the Extending Lenders shall be extended
as set forth in such Extension Offer. If the aggregate principal amount of Commitments in respect of which Extending Lenders shall have
accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Commitments subject to the Extension Offer
as set forth in the Extension notice, then the Commitments of Extending Lenders shall be extended ratably up to such maximum amount based
on the respective principal amounts with respect to which such Extending Lenders have accepted such Extension Offer. In the event of such
extension, the Commitment of each Non-Extending Lender (as defined below) shall terminate on the existing Maturity Date in effect for
such Non-Extending Lender prior to such extension and the outstanding principal balance of all Loans and other amounts payable hereunder
to such Non-Extending Lender shall become due and payable on such existing Maturity Date and, subject to <B><I>Section&nbsp;2.16(c)</I></B>&nbsp;below,
the Aggregate Commitments hereunder shall be reduced by the Commitments of the Non-Extending Lenders so terminated on such existing Maturity
Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following shall be conditions precedent to the effectiveness of any Extension: (i)&nbsp;no Default or Event of Default shall have occurred
and be continuing immediately prior to and after giving effect to such Extension, (ii)&nbsp;the representations and warranties of Borrower
set forth in <B><I>Article&nbsp;V</I></B> and in each other Loan Document shall be deemed to be made and shall be true and correct in
all material respects on and as of the effective date of such Extension, except (w)&nbsp;to the extent that such representations and warranties
are already qualified by materiality, in which case they are true and correct in all respects, (x)&nbsp;to the extent that such representations
and warranties specifically refer to an earlier date, in which case they are true and correct in all material respects as of such earlier
date, and (y)&nbsp;that (I)&nbsp;the representations and warranties contained in <B><I>subsections (a)</I></B>, <B><I>(b)</I></B>&nbsp;and
<B><I>(c)</I></B>&nbsp;of <B><I>Section&nbsp;5.05</I></B> shall be deemed to refer to the most recent statements furnished pursuant to
clauses (a)&nbsp;and (b), respectively, of <B><I>Section&nbsp;6.01</I></B>; and (II)&nbsp;the representations and warranties contained
in <B><I>Section&nbsp;5.13</I></B> shall be deemed to refer to the most recent update to <B><I>Schedule 5.13</I></B> furnished pursuant
to <B><I>Section&nbsp;6.02(a)(ii)</I></B>, and (III)&nbsp;the representations and warranties contained in the first and second sentences
of <B><I>Section&nbsp;5.21</I></B> shall be deemed to refer to the most recent update to <B><I>Schedule 5.21</I></B> furnished pursuant
to <B><I>Section&nbsp;6.02(a)(i)</I></B>, (iii)&nbsp;the applicable L/C Issuers shall have consented to any Extension, to the extent that
such Extension provides for the issuance or extension of Letters of Credit issued by such L/C Issuer at any time during the extended period,
and (iv)&nbsp;the terms of such Extended Revolving Credit Commitments shall comply with <B><I>clause (d)&nbsp;</I></B>of this <B><I>Section&nbsp;2.16</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrower
shall have the right to replace each Lender that determines not to so extend its Maturity Date (a &ldquo;<B><I>Non-Extending Lender</I></B>&rdquo;)
with, and add as a Lender under this Agreement in place thereof, one or more Eligible Assignees (each, an &ldquo;<B><I>Additional Commitment
Lender</I></B>&rdquo;) as provided in <B><I>Section&nbsp;10.13</I></B>; <I>provided</I> that each of such Additional Commitment Lenders
shall enter into an Assignment and Assumption (or a joinder agreement, Commitment increase agreement or other similar agreement, as applicable)
pursuant to which such Additional Commitment Lender shall, effective as of the Maturity Date, undertake a Commitment (and, if any such
Additional Commitment Lender is already a Lender, its Commitment shall be in addition to any other Commitment of such Lender hereunder
on such date).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
terms of each Extension shall be determined by Administrative Agent, Borrower and the applicable Extending Lenders and set forth in an
amendment to this Agreement (an &ldquo;<B><I>Extension Amendment</I></B>&rdquo;); <I>provided</I> that (i)&nbsp;the final maturity date
of any Extended Revolving Credit Commitment shall be no earlier than the existing Maturity Date, (ii)&nbsp;there shall be no scheduled
amortization of the loans or scheduled reductions of commitments under any Extended Revolving Credit Commitments, (iii)&nbsp;the existing
Loans will not be contractually subordinated in right of payment to the Extended Revolving Loan Commitments, and the borrower and guarantors
(if any) of the Extended Revolving Credit Commitments shall be the same as Borrower and guarantors (if any) with respect to the existing
Loans, (iv)&nbsp;the interest rate margin, rate floors, fees, and premium applicable to any Extended Revolving Credit Commitment (and
the Extended Revolving Loans thereunder) from and after the Maturity Date of non-extended Commitments shall be determined by Borrower
and the applicable Extending Lenders, (v)&nbsp;prepayment of Extended Revolving Loans, or reductions of Extended Revolving Credit Commitments,
and participation in Letters of Credit, shall be on a pro rata basis with the other Loans or Commitments (other than upon the maturity
of the non-extended Loans and Commitments) and (vi)&nbsp;the terms of the Extended Revolving Credit Commitments shall be substantially
identical to the terms set forth herein (except as set forth in <B><I>clauses (i)</I></B>&nbsp;through <B><I>(v)</I></B>&nbsp;above).</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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with any Extension, Borrower, Administrative Agent and each applicable Extending Lender shall execute and deliver to Administrative
Agent an Extension Amendment and such other documentation as Administrative Agent shall reasonably specify to evidence the Extension.
Administrative Agent shall promptly notify each Lender as to the effectiveness of each Extension. Any Extension Amendment may, without
the consent of any other Lender, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate,
in the reasonable opinion of Administrative Agent and Borrower, to implement the terms of any such Extension, including any amendments
necessary to establish Extended Revolving Credit Commitments as a new tranche of Commitments or Loans, as applicable, and such other technical
amendments as may be necessary or appropriate in the reasonable opinion of Administrative Agent and Borrower in connection with the establishment
of such new tranche (including to preserve the pro rata treatment of the extended and non-extended tranches and to provide for the reallocation
of Revolving Credit Exposure upon the expiration or termination of the commitments under any tranche), in each case on terms consistent
with this <B><I>Section&nbsp;2.16</I></B>. This <B><I>Section&nbsp;2.16</I></B> shall supersede any provisions in <B><I>Section&nbsp;</I></B><FONT STYLE="color: red; "><STRIKE>or
</STRIKE></FONT><B><I>10.01</I></B> to the contrary.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">III.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="text-transform: uppercase"><B>TAXES,
YIELD PROTECTION AND ILLEGALITY</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Taxes;
Defined Terms</B>. For purposes of this <B><I>Section&nbsp;3.01</I></B>, the term &ldquo;<I>Applicable Law</I>&rdquo; includes FATCA.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Payments
Free of Taxes</B>. Any and all payments by or on account of any obligation of any Loan Party under any Loan Document shall be made without
deduction or withholding for any Taxes, except as required by Applicable Law. If any Applicable Law (as determined in the good faith discretion
of an applicable Withholding Agent) requires the deduction or withholding of any Tax from any such payment by a Withholding Agent, then
the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted
or withheld to the relevant Governmental Authority in accordance with Applicable Law and, if such Tax is an Indemnified Tax, then the
sum payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made (including
such deductions and withholdings applicable to additional sums payable under this <B><I>Section&nbsp;3.01</I></B>) the applicable Recipient
receives an amount equal to the sum it would have received had no such deduction or withholding been made.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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;<B>Payment
of Other Taxes by Borrower</B>. Borrower shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or
at the option of Administrative Agent timely reimburse it for the payment of, any Other Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;<B>Indemnification
by Borrower</B>. Borrower shall indemnify each Recipient, within 10 days after demand therefor, for the full amount of any Indemnified
Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this <B><I>Section&nbsp;3.01</I></B>)
payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient and any reasonable expenses
arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the
relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to Borrower by a Lender (with a
copy to Administrative Agent), or by Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest
error.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Indemnification
by the Lenders</B>. Each Lender shall severally indemnify Administrative Agent, within 10 days after demand therefor, for (i)&nbsp;any
Indemnified Taxes attributable to such Lender (but only to the extent that Borrower has not already indemnified Administrative Agent for
such Indemnified Taxes and without limiting the obligation of Borrower to do so), (ii)&nbsp;any Taxes attributable to such Lender&rsquo;s
failure to comply with the provisions of <B><I>Section&nbsp;10.06(d)</I></B>&nbsp;relating to the maintenance of a Participant Register
and (iii)&nbsp;any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by Administrative Agent in connection
with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly
or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered
to any Lender by Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes Administrative Agent to
set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by Administrative
Agent to the Lender from any other source against any amount due to Administrative Agent under this <B><I>clause (d)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Evidence
of Payments</B>. As soon as practicable after any payment of Taxes by Borrower to a Governmental Authority as provided in this <B><I>Section&nbsp;3.01</I></B>,
Borrower shall deliver to Administrative 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
Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Status
of Lenders; Tax Documentation</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 1in; text-align: justify; text-indent: 0.5in">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall
deliver to Borrower and Administrative Agent, at the time or times reasonably requested by Borrower or Administrative Agent, such properly
completed and executed documentation reasonably requested by Borrower or Administrative Agent as will permit such payments to be made
without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by Borrower or Administrative
Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by Borrower or Administrative Agent
as will enable Borrower or Administrative Agent to determine whether or not such Lender is subject to backup withholding or information
reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission
of such documentation (other than such documentation set forth in <B><I>Section&nbsp;3.01(f)(ii)(A)</I></B>, <B><I>(ii)(B)</I></B>&nbsp;and
<B><I>(ii)(D)</I></B>&nbsp;below) shall not be required if in the Lender&rsquo;s reasonable judgment such completion, execution or submission
would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position
of such Lender.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
limiting the generality of the foregoing, in the event that Borrower is a U.S. Person,</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(A)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Lender that is a U.S. Person shall deliver to Borrower and Administrative Agent on or prior to the date on which such Lender becomes a
Lender under this Agreement (and from time to time thereafter upon the reasonable request of Borrower or Administrative Agent), executed
copies of IRS Form&nbsp;W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any
Foreign Lender shall, to the extent it is legally entitled to do so, deliver to Borrower and Administrative Agent (in such number of copies
as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and
from time to time thereafter upon the reasonable request of Borrower or Administrative Agent), whichever of the following is applicable:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: 0.5in">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x)&nbsp;with respect
to payments of interest under any Loan Document, executed copies of IRS Form&nbsp;W-8BEN-E (or W-8BEN, as applicable) establishing an
exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &ldquo;<I>interest</I>&rdquo; article of such tax treaty
and (y)&nbsp;with respect to any other applicable payments under any Loan Document,&nbsp;IRS Form&nbsp;W-8BEN-E (or W-8BEN, as applicable)
establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the &ldquo;<I>business profits</I>&rdquo; or
 &ldquo;<I>other income</I>&rdquo; article of such tax treaty;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: 0.5in">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 2in; text-align: justify; text-indent: 0.5in">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;in
the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under <I>Section&nbsp;881(c)</I>&nbsp;of the
Code, (x)&nbsp;a certificate substantially in the form of <B><I>Exhibit&nbsp;H-1</I></B> to the effect that such Foreign Lender is not
a &ldquo;<I>bank</I>&rdquo; within the meaning of <I>Section&nbsp;881(c)(3)(A)</I>&nbsp;of the Code, a &ldquo;<I>10 percent shareholder</I>&rdquo;
of Borrower within the meaning of <I>Section&nbsp;881(c)(3)(B)</I>&nbsp;of the Code, or a &ldquo;<I>controlled foreign corporation</I>&rdquo;
described in <I>Section&nbsp;881(c)(3)(C)</I>&nbsp;of the Code (a &ldquo;<B><I>U.S. Tax Compliance Certificate</I></B>&rdquo;) and (y)&nbsp;executed
copies of IRS Form&nbsp;W 8BEN E (or W-8BEN, as applicable); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-align: justify; text-indent: 0.5in">(4)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent a 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-E (or W-8BEN, as applicable), a U.S. Tax Compliance Certificate substantially in the form of <B><I>Exhibit&nbsp;H-2
</I></B>or <B><I>Exhibit&nbsp;H-3</I></B>,&nbsp;IRS Form&nbsp;W-9, and/or other certification documents from each beneficial owner, as
applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are
claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form
of <B><I>Exhibit&nbsp;H-4</I></B> on behalf of each such direct and indirect partner;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(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 Borrower and Administrative Agent (in such number of copies
as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and
from time to time thereafter upon the reasonable request of Borrower or Administrative Agent), executed copies of any other form prescribed
by applicable law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with
such supplementary documentation as may be prescribed by applicable law to permit Borrower or Administrative Agent to determine the withholding
or deduction required to be made; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(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 <I>Section&nbsp;1471(b)</I>&nbsp;or
<I>1472(b)</I>&nbsp;of the Code, as applicable), such Lender shall deliver to Borrower and Administrative Agent at the time or times prescribed
by law and at such time or times reasonably requested by Borrower or Administrative Agent such documentation prescribed by applicable
law (including as prescribed by <I>Section&nbsp;1471(b)(3)(C)(i)</I>&nbsp;of the Code) and such additional documentation reasonably requested
by Borrower or Administrative Agent as may be necessary for Borrower and Administrative Agent to comply with their obligations under FATCA
and to determine that such Lender has complied with such Lender&rsquo;s obligations under FATCA or to determine the amount to deduct and
withhold from such payment. Solely for purposes of this <B><I>clause (D)</I></B>, &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 0pt 1in; text-align: justify; text-indent: 0.5in">(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 <B><I>Section&nbsp;3.01</I></B> expires or becomes
obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify Borrower and Administrative Agent
in writing of its legal inability to do so.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Treatment
of Certain Refunds</B>. Unless required by applicable Laws, at no time shall Administrative Agent have any obligation to file for or otherwise
pursue on behalf of a Lender or an L/C Issuer, or have any obligation to pay to any Lender or any L/C Issuer, any refund of Taxes withheld
or deducted from funds paid for the account of such Lender or such L/C Issuer, as the case may be. 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 Borrower or
with respect to which Borrower has paid additional amounts pursuant to this <B><I>Section&nbsp;3.01</I></B>, it shall pay to Borrower
an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by Borrower under this
<B><I>Section&nbsp;3.01</I></B> 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), provided that Borrower, upon the request of the Recipient, agrees to repay the amount paid over to Borrower (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 <B><I>clause (g)</I></B>, in no event will
the applicable Recipient be required to pay any amount to Borrower pursuant to this <B><I>clause (g)</I></B>&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 Tax subject to indemnification
and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts
with respect to such Tax had never been paid. This <B><I>subsection</I></B> 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 Borrower or any other Person.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Survival</B>.
Each party&rsquo;s obligations under this <B><I>Section&nbsp;3.01</I></B> shall survive the resignation or replacement of Administrative
Agent or any assignment of rights by, or the replacement of, a Lender or an L/C Issuer, 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: 0.5in">3.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Illegality</B>.
If any Lender reasonably determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful,
for any Lender or its Lending Office to make, maintain or fund Loans whose interest is determined by reference to SOFR, Term SOFR, or
Daily Simple SOFR, or to determine or charge interest rates based upon SOFR, Term SOFR or Daily Simple SOFR, or any Governmental Authority
has imposed material restrictions on the authority of such Lender to engage in reverse repurchase of U.S. Treasury securities transactions
of the type included in the determination of SOFR, then, on notice thereof by such Lender to Borrower through Administrative Agent, (a)&nbsp;any
obligation of such Lender to make or continue either Term SOFR Rate Loans or Daily SOFR Rate Loans affected thereby shall be suspended
and (b)&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 the Term SOFR 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 Administrative Agent without reference to the Term SOFR component of the Base
Rate, in each case until such Lender notifies Administrative Agent and Borrower that the circumstances giving rise to such determination
no longer exist. Upon receipt of such notice, (i)&nbsp;Borrower shall, upon demand from such Lender (with a copy to Administrative Agent),
prepay or, if applicable, convert all affected Term SOFR Rate 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 Administrative Agent without reference to the
Term SOFR component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to
maintain such Term SOFR Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Term SOFR Rate
Loans, (ii)&nbsp;Borrower shall, upon demand from such Lender (with a copy to Administrative Agent), immediately prepay or, if applicable,
convert all affected Daily SOFR Rate 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 Administrative Agent without reference to the Term SOFR component of the
Base Rate), and (iii)&nbsp;if such notice asserts the illegality of such Lender determining or charging interest rates based upon SOFR,
Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to
the Term SOFR component thereof until Administrative 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 SOFR. Upon any such prepayment or conversion, Borrower shall also pay accrued
interest on the amount so prepaid or converted, together with any additional amounts required pursuant to <B><I>Section&nbsp;3.05</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">3.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Inability
to Determine Rates</B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
in connection with any request for a Term SOFR Rate Loan, or Daily SOFR Rate Loan, or a conversion of Daily SOFR Rate Loans to Term SOFR
Rate Loans or a continuation of any of such advances, as applicable, (a)&nbsp;Administrative Agent determines (which determination shall
be conclusive absent manifest error) that (i)&nbsp;no Successor Rate has been determined in accordance with <B><I>Section&nbsp;3.03(b)</I></B>,
and the circumstances under <B><I>Section&nbsp;3.03(b)(i)</I></B>&nbsp;or the Scheduled Unavailability Date has occurred, or (ii)&nbsp;adequate
and reasonable means do not otherwise exist for determining Term SOFR for any requested Interest Period with respect to a proposed Term
SOFR Rate Loan or in connection with an existing or proposed Base Rate Loan, or (iii)&nbsp;adequate and reasonable means do not otherwise
exist for determining Daily Simple SOFR in connection with an existing or proposed Daily SOFR Rate Loan, or (b)&nbsp;Administrative Agent
or Required Lenders determine that for any reason that Term SOFR for any requested Interest Period or Daily Simple SOFR with respect to
a proposed advance does not adequately and fairly reflect the cost to such Lenders of funding such advance, Administrative Agent will
promptly so notify Borrower and each Lender. Thereafter, (x)&nbsp;the obligation of Lenders to make or maintain Term SOFR Rate Loans,
Daily SOFR Rate Loans, or to convert Daily SOFR Rate Loans to Term SOFR Rate Loans, shall be suspended (to the extent of the affected
Term SOFR Rate Loans, Daily SOFR Rate Loans, or Interest Periods), and (y)&nbsp;in the event of a determination described in the preceding
sentence with respect to the Term SOFR component of the Base Rate, the utilization of the Term SOFR component in determining the Base
Rate shall be suspended, in each case until Administrative Agent (or, in the case of a determination by Required Lenders described in
<B><I>Section&nbsp;3.03(b)</I></B>, until Administrative Agent upon instruction of Required Lenders) revokes such notice. Upon receipt
of such notice, (1)&nbsp;Borrower may revoke any pending request for a borrowing of, or conversion to, or continuation of Term SOFR Rate
Loans or Daily SOFR Rate Loans (to the extent of the affected Term SOFR Rate Loans, Daily SOFR Rate 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,
(2)&nbsp;any outstanding affected Term SOFR Rate Loans shall be deemed to have been converted to Base Rate Loans immediately at the end
of their respective applicable Interest Period, and (3)&nbsp;any outstanding affected Daily SOFR Rate Loans shall immediately be deemed
to have been converted to 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything to the contrary in this Agreement or any other Loan Documents, if Administrative Agent determines (which determination shall
be conclusive absent manifest error), or Borrower or Required Lenders notify Administrative Agent (with, in the case of Required Lenders,
a copy to Borrower) that Borrower or Required Lenders (as applicable) have determined, 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 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;adequate
and reasonable means do not exist for ascertaining one month, three month, and six month interest periods of Term SOFR, including because
the Term SOFR Screen Rate is not available or published on a current basis and such circumstances are unlikely to be temporary; or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;CME
or any successor administrator of the Term SOFR Screen Rate or a Governmental Authority having jurisdiction over Administrative Agent
or such administrator with respect to its publication of Term SOFR or the Term SOFR Screen Rate, in each case acting in such capacity,
has made a public statement identifying a specific date after which one month, three month, and six month interest periods of Term SOFR
or the Term SOFR Screen Rate shall or will no longer be made available, or permitted to be used for determining the interest rate of Dollar
denominated syndicated loans, or shall or will otherwise cease, <I>provided that</I>, at the time of such statement, there is no successor
administrator that is satisfactory to Administrative Agent, that will continue to provide such interest periods of Term SOFR or the Term
SOFR Screen Rate after such specific date (the latest date on which one month, three month, and six month interest periods of Term SOFR
or the Term SOFR Screen Rate are no longer available permanently or indefinitely, the &ldquo;<B><I>Scheduled Unavailability Date</I></B>&rdquo;);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">then, on a date and time determined by
Administrative Agent (any such date, the &ldquo;<B><I>Term SOFR Replacement Date</I></B>&rdquo;), which date shall be at the end of an
Interest Period or on the relevant interest payment date, as applicable, for interest calculated and, solely with respect to <B><I>clause
(b)(ii)</I></B>&nbsp;above, no later than the Scheduled Unavailability Date, Term SOFR will be replaced hereunder and under any Loan Document
with Daily Simple SOFR for any payment period for interest calculated that can be determined by Administrative Agent, in each case, without
any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document (the &ldquo;<B><I>Successor
Rate</I></B>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">If the Successor Rate is Daily
Simple SOFR, all interest payments will be payable on a monthly basis.</P>

<P STYLE="font: 10pt Times New Roman, 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">Notwithstanding anything to
the contrary herein, (i)&nbsp;if Administrative Agent determines that Daily Simple SOFR is not available on or prior to the Term SOFR
Replacement Date, or (ii)&nbsp;if the events or circumstances of the type described in <B><I>clauses (b)(i)</I></B>&nbsp;or <B><I>(b)(ii)&nbsp;</I></B>above
have occurred with respect to Daily Simple SOFR or the Successor Rate then in effect, then in each case, Administrative Agent and Borrower
may amend this Agreement solely for the purpose of replacing Term SOFR, Daily Simple SOFR, and/or any then current Successor Rate in accordance
with this <B><I>Section</I></B>&nbsp;at the end of any Interest Period, relevant interest payment date or payment period for interest
calculated, as applicable, with an alternative benchmark rate giving due consideration to any evolving or then existing convention for
similar Dollar denominated credit facilities syndicated and agented in the United States for such alternative benchmark. and, in each
case, including any mathematical or other adjustments to such benchmark giving due consideration to any evolving or then existing convention
for similar Dollar denominated credit facilities syndicated and agented in the United States for such benchmark, which adjustment or method
for calculating such adjustment shall be published on an information service as selected by Administrative Agent from time to time in
its reasonable discretion and may be periodically updated. For the avoidance of doubt, any such proposed rate and adjustments, shall constitute
a &ldquo;<I>Successor Rate</I>&rdquo;. Any such amendment shall become effective at 5:00 p.m.&nbsp;on the fifth (5th) Business Day after
Administrative Agent shall have posted such proposed amendment to all Lenders and Borrower unless, prior to such time, Lenders comprising
the Required Lenders have delivered to Administrative Agent written notice that such Required Lenders object to such amendment.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Administrative Agent will
promptly (in one or more notices) notify Borrower and each Lender of the implementation of any Successor 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: 0.5in">Any Successor Rate shall be
applied in a manner consistent with market practice; <I>provided that</I> to the extent such market practice is not administratively feasible
for Administrative Agent, such Successor Rate shall be applied in a manner as otherwise reasonably determined by Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Notwithstanding anything else
herein, if at any time any Successor Rate as so determined would otherwise be less than zero percent (0.0%), the Successor Rate will be
deemed to be zero percent (0.0%) for the purposes 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: 0.5in">In connection with the implementation
of a Successor Rate, Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything
to the contrary herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without
any further action or consent of any other party to this Agreement; <I>provided that</I>, with respect to any such amendment effected,
Administrative Agent shall post each such amendment implementing such Conforming Changes to Borrower and the Lenders reasonably promptly
after such amendment becomes effective.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.04&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Increased
Costs</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Increased
Costs Generally</B>. If any Change in Law shall:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(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 or any L/C Issuer;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;subject
any Lender or any L/C Issuer to any tax of any kind whatsoever with respect to this Agreement, any Letter of Credit or any participation
in a Letter of Credit made by it, or change the basis of taxation of payments to such Lender or such L/C Issuer in respect thereof (except
for Indemnified Taxes covered by <B><I>Section&nbsp;3.01</I></B> and the imposition of, or any change in the rate of, any Excluded Tax
payable by such Lender or such L/C Issuer); or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;impose
on any Lender or any L/C Issuer any other condition, cost or expense affecting this Agreement or Loans made by such Lender or any Letter
of Credit or participation 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 0pt 1in; 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 Loan, or to increase the cost to
such Lender or such L/C Issuer of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate
in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or such L/C Issuer hereunder
(whether of principal, interest or any other amount) then, upon request of such Lender or such L/C Issuer, Borrower will pay to such Lender
or such L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or such L/C Issuer, as the case
may be, for such additional costs incurred or reduction suffered; <I>provided</I> that Borrower shall not be liable to any Lender or any
L/C Issuer for costs incurred more than one hundred eighty (180) days prior to receipt by Borrower of the certificate referred to in <B><I>clause
(c)</I></B>&nbsp;below from such Lender or such L/C Issuer.</P>

<P STYLE="font: 10pt Times New 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;<B>Capital
Requirements</B>. If any Lender or any L/C Issuer determines that any Change in Law affecting such Lender or such L/C Issuer or any Lending
Office of such Lender or such Lender&rsquo;s or such L/C Issuer&rsquo;s holding company, if any, regarding capital requirements or liquidity
has or would have the effect of reducing the rate of return on such Lender&rsquo;s or such L/C Issuer&rsquo;s capital or on the capital
of such Lender&rsquo;s or such L/C Issuer&rsquo;s holding company, if any, as a consequence of this Agreement, the Commitments of such
Lender or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such L/C
Issuer, to a level below that which such Lender or such L/C Issuer or such Lender&rsquo;s or such L/C Issuer&rsquo;s holding company would
have achieved but for such Change in Law (taking into consideration such Lender&rsquo;s or such L/C Issuer&rsquo;s policies and the policies
of such Lender&rsquo;s or such L/C Issuer&rsquo;s holding company with respect to capital adequacy and liquidity), then from time to time,
Borrower will pay to such Lender or such L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender
or such L/C Issuer or such Lender&rsquo;s or such L/C Issuer&rsquo;s holding company for any such reduction suffered; provided that Borrower
shall not be liable to any Lender or any L/C Issuer for costs incurred more than one hundred eighty (180) days prior to receipt by Borrower
of the certificate referred to in <B><I>clause (c)</I></B>&nbsp;below from such Lender or such L/C Issuer. Each Lender and such L/C Issuer
shall allocate such cost increases among its customers in good faith and on an equitable basis.</P>

<P STYLE="font: 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Certificates
for Reimbursement</B>. A certificate of a Lender or an L/C Issuer setting forth the amount or amounts necessary to compensate such Lender
or such L/C Issuer or its holding company, as the case may be, as specified in <B><I>subsection (a)</I></B>&nbsp;or <B><I>(b)</I></B>&nbsp;of
this <B><I>Section</I></B>&nbsp;and delivered to Borrower shall be conclusive absent manifest error. Borrower shall pay such Lender or
such L/C Issuer, as the case may be, the amount shown as due on any such certificate within ten days after receipt thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Delay
in Requests</B>. Failure or delay on the part of any Lender or any L/C Issuer to demand compensation pursuant to the foregoing provisions
of this <B><I>Section</I></B>&nbsp;shall not constitute a waiver of such Lender&rsquo;s or such L/C Issuer&rsquo;s right to demand such
compensation, provided that Borrower shall not be required to compensate a Lender or an L/C Issuer pursuant to the foregoing provisions
of this <B><I>Section</I></B>&nbsp;for any increased costs incurred or reductions suffered more than nine (9)&nbsp;months prior to the
date that such Lender or such L/C Issuer, as the case may be, notifies Borrower of the Change in Law giving rise to such increased costs
or reductions and of such Lender&rsquo;s or such L/C Issuer&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 nine-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: 0.5in">3.05&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Compensation
for Losses</B>. Upon demand of any Lender (with a copy to Administrative Agent) from time to time, Borrower shall promptly compensate
such Lender for and hold such Lender harmless from any loss, cost or expense incurred 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;any
continuation, conversion, payment or prepayment of any Loan bearing interest at Term SOFR 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;any
failure by Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan
on the date or in the amount notified by 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 Loans bearing interest at Term SOFR other than the last day of the Interest Period therefor as a result of a request by
Borrower pursuant to <B><I>Section&nbsp;10.13</I></B>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">including any loss of anticipated profits
and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan bearing interest at
Term SOFR or from fees payable to terminate the deposits from which such funds were obtained. 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: 0.5in">The amounts payable under
this <B><I>Section&nbsp;3.05</I></B> shall never be less than zero or greater than is permitted by applicable Law. For the avoidance of
doubt, no amounts will be owing under this <B><I>Section</I></B>&nbsp;in connection with the prepayment of any Daily SOFR Rate Loan or
Base Rate Loan (if any).</P>

<P STYLE="font: 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">3.06&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Designation
of a Different Lending Office</B>. Each Lender may make any Credit Extension to Borrower through any Lending Office, provided that the
exercise of this option shall not affect the obligation of Borrower to repay the Credit Extension in accordance with the terms of this
Agreement. If any Lender requests compensation under <B><I>Section&nbsp;3.04</I></B>, or Borrower is required to pay any additional amount
to any Lender, any L/C Issuer, or any Governmental Authority for the account of any Lender or any L/C Issuer pursuant to <B><I>Section&nbsp;3.01</I></B>,
or if any Lender gives a notice pursuant to <B><I>Section&nbsp;3.02</I></B>, then such Lender or such L/C Issuer shall, as applicable,
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 reasonable judgment of such Lender or such L/C Issuer,
such designation or assignment (i)&nbsp;would eliminate or reduce amounts payable pursuant to <B><I>Section&nbsp;3.01</I></B> or <B><I>3.04</I></B>,
as the case may be, in the future, or eliminate the need for the notice pursuant to <B><I>Section&nbsp;3.02</I></B>, as applicable, and
(ii)&nbsp;in each case, would not subject such Lender or such L/C Issuer, as the case may be, to any unreimbursed cost or expense and
would not otherwise be disadvantageous to such Lender or such L/C Issuer, as the case may be. Borrower hereby agrees to pay all reasonable
costs and expenses incurred by any Lender or such L/C Issuer 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 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Replacement
of Lenders</B>. If any Lender requests compensation under <B><I>Sections 3.04</I></B> or <B><I>3.05</I></B>, or if Borrower is required
to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to <B><I>Section&nbsp;3.01</I></B>,
or if a Lender gives notice under <B><I>Section&nbsp;3.02</I></B>, Borrower may replace such Lender in accordance with <B><I>Section&nbsp;10.13</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.07&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Survival</B>.
All of Borrower&rsquo;s obligations under this <B><I>Article&nbsp;III</I></B> shall survive termination of the Aggregate Commitments,
repayment of all other Obligations hereunder, and resignation of Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">IV.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-transform: uppercase"><B>CONDITIONS
PRECEDENT TO CREDIT EXTENSIONS</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Conditions
of Initial Credit Extension</B>. The obligation of each L/C Issuer and each Lender to make its initial Credit Extension 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;Administrative
Agent&rsquo;s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals) unless otherwise
specified, each properly executed by a Responsible Officer of Borrower, each dated the Closing Date (or, in the case of certificates of
governmental officials, a recent date before the Closing Date) and each in form and substance satisfactory to Administrative Agent and
each of the Lenders:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;fully
executed counterparts of this Agreement, sufficient in number for distribution to Administrative Agent, each Lender and Borrower;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notes
for the Loans executed by 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"></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">(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 Borrower as
Administrative Agent may reasonably require evidencing 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 Borrower is a party;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
documents and certifications as Administrative Agent may reasonably require to evidence that Borrower is duly organized or formed, and
that Borrower is validly existing, in good standing and qualified to engage in business in each jurisdiction where its ownership, lease
or operation of properties or the conduct of its business requires such qualification, except to the extent that 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 0pt 1in; text-align: justify; text-indent: 0.5in">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
favorable opinion of counsel to Borrower addressed to Administrative Agent and each Lender, as to the matters set forth in <B><I>Exhibit&nbsp;B</I></B>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
certificate signed by a Responsible Officer certifying (A)&nbsp;that each Consolidated Party is in compliance in all material respects
with all existing contractual financial obligations except where the failure to comply would not reasonably be expected to have a Material
Adverse Effect, (B)&nbsp;all governmental, shareholder and third party consents and approvals necessary for Borrower to enter into the
Loan Documents and perform thereunder, if any, have been obtained, except where the failure to obtain would not reasonably be expected
to have a Material Adverse Effect, (C)&nbsp;immediately after giving effect to this Agreement, the other Loan Documents and all the transactions
contemplated therein to occur on such date, (1)&nbsp;to such Responsible Officer&rsquo;s knowledge, no Default or Event of Default exists,
(2)&nbsp;all representations and warranties contained herein are true and correct in all material respects, and (3)&nbsp;Borrower is in
<I>pro forma</I> compliance with each of the financial covenants set forth in <B><I>Section&nbsp;7.10</I></B> (and including detailed
calculations of each such financial covenant) for the fiscal quarter ending September&nbsp;30, 2021 (which calculation has been delivered
to Administrative Agent prior to Closing Date); (D)&nbsp;that the conditions specified in <B><I>Sections 4.02(a)</I></B>&nbsp;and <B><I>(b)</I></B>&nbsp;have
been or will contemporaneously with the Closing Date be satisfied; and (E)&nbsp;that, to such Responsible Officer&rsquo;s knowledge, there
has been no event or circumstance since the date of the Audited Financial Statements that has had or would be reasonably expected to have,
either individually or in the aggregate, 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 1in; text-align: justify; text-indent: 0.5in">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;evidence
that all insurance required to be maintained pursuant to the Loan Documents has been obtained and is in effect; 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">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
other assurances, certificates, documents or consents as Administrative Agent, any L/C Issuer or the Required Lenders 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
shall not have occurred since December&nbsp;31, 2020 any event or condition that has had or would be reasonably expected, either individually
or in the aggregate, to have a Material Adverse Effect, as determined by Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
shall not exist any action, suit, investigation, or proceeding pending, or to the knowledge of Borrower, threatened in writing, in any
court or before any arbitrator or Governmental Authority that would reasonably be expected to have a Material Adverse Effect, as determined
by Administrative Agent.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
fees required to be paid on or before the Closing Date shall have been paid and all reimbursable expenses for which invoices have been
presented to Borrower on or before the Closing Date shall 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Unless
waived by Administrative Agent, Borrower shall have paid all reasonable fees, charges and disbursements of counsel to Administrative Agent
(directly to such counsel if requested by Administrative Agent) to the extent invoiced to Borrower prior to or 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;Upon
the reasonable request of any Lender made at least five days prior to the Closing Date, Borrower shall have provided to such Lender, and
such Lender shall be reasonably satisfied with, the documentation and other information so requested in connection with applicable &ldquo;know
your customer&rdquo; and anti-money-laundering rules&nbsp;and regulations, including, without limitation, the PATRIOT Act, in each case
at least five days prior to the Closing Date and (ii)&nbsp;at least five days prior to the Closing Date, any Loan Party that qualifies
as a &ldquo;legal entity customer&rdquo; under the Beneficial Ownership Regulation shall have delivered, to each Lender that so requests,
a Beneficial Ownership Certification in relation to 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 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
shall have terminated the &ldquo;Aggregate Revolver Commitments&rdquo; under the BoA Loan Agreement or such Aggregate Revolver Commitments
shall have otherwise expired or terminated pursuant to the terms of the BoA Loan Agreement. Each of the Lenders hereunder that is a Lender
under the BoA Loan Agreement hereby waives any requirement set forth in <I>Section&nbsp;2.05</I> of the BoA Loan Agreement that Borrower
provide any notice prior to termination of the Aggregate Revolver Commitments under the BofA Loan Agreement. The waiver set forth herein
is limited as provided herein and shall not be deemed to be a waiver or consent to any deviation from the terms of the BoA Loan Agreement,
the BoA Loan Documents, this Agreement or the other Loan Documents.</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: 0.5in">Without limiting the generality
of the provisions of the last paragraph of <B><I>Section&nbsp;9.03</I></B>, for purposes of determining compliance with the conditions
specified in this <B><I>Section&nbsp;4.01</I></B>, 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 Administrative 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: justify; text-indent: 0.5in">4.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Conditions
to all Credit Extensions</B>. The obligation of each Lender to honor any Request for Credit Extension (other than a Loan Notice requesting
only a conversion of Loans to the other Type, or a continuation of Loans) is subject to 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;The
representations and warranties of Borrower contained in <B><I>Article&nbsp;V</I></B> of this Agreement shall be true and correct in all
material respects on and as of the date of such Credit Extension, 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 as of such earlier date, and (ii)&nbsp;except that
for purposes of this <B><I>Section&nbsp;4.02</I></B>, (1)&nbsp;the representations and warranties contained in <B><I>subsections (a)</I></B>,
<B><I>(b)</I></B>&nbsp;and <B><I>(c)</I></B>&nbsp;of <B><I>Section&nbsp;5.05</I></B> shall be deemed to refer to the most recent statements
furnished pursuant to <B><I>clauses (a)</I></B>&nbsp;and <B><I>(b)</I></B>, respectively, of <B><I>Section&nbsp;6.01</I></B>; and (2)&nbsp;the
representations and warranties contained in <B><I>Section&nbsp;5.13(a)</I></B>&nbsp;shall be deemed to refer to the most recent update
to <B><I>Schedule 5.13(a)</I></B>&nbsp;furnished pursuant to <B><I>Section&nbsp;6.02(a)(ii)</I></B>, and shall be true and correct in
all material respects as of the effective date of such update, and (3)&nbsp;the representations and warranties contained in the first
and second sentences of <B><I>Section&nbsp;5.21</I></B> shall be deemed to refer to the most recent update to <B><I>Schedule 5.21</I></B>
furnished pursuant to <B><I>Section&nbsp;6.02(a)(i)</I></B>, and shall be true and correct in all material respects as of the effective
date of such update.</P>

<P STYLE="font: 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;No
Default or Event of Default shall exist, or would result from such proposed Credit Extension or from the application 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
with respect to any Credit Extension outstanding as of the date hereof, Administrative Agent and, if applicable, the applicable L/C Issuer
shall have received a Request for Credit Extension in accordance with the requirements hereof, together with a Certificate to Accompany
Request for Credit Extension of a Responsible Officer of Borrower.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U></U></FONT>(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Immediately
after giving effect to such Credit Extension, and the use of the proceeds thereof, the cash and Cash Equivalents of the Consolidated Parties
shall not exceed $25,000,000 on a pro forma basis (taking into account issued checks, initiated wires, or ACH transfers that have been
written or initiated by the Consolidated Parties at or before such time or substantially contemporaneously therewith).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each Request for Credit Extension
(other than a Loan Notice requesting only a conversion of Loans to the other Type or a continuation of Loans) submitted by Borrower shall
be deemed to be a representation and warranty that the conditions specified in <B><I>Sections 4.02(a)</I></B>&nbsp;and <B><I>(b)</I></B>&nbsp;have
been satisfied on and as of the date of the applicable Credit Extension.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">V.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT><B>REPRESENTATIONS
AND WARRANTIES</B>. Borrower represents and warrants to Administrative Agent and the Lenders that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, 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">5.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Existence,
Qualification and Power</B>. Borrower (a)&nbsp;is duly organized or formed and validly existing under the Laws of the jurisdiction of
its incorporation or organization, (b)&nbsp;has all requisite power and authority and all requisite governmental licenses, 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 in good standing, as applicable, under the Laws of the jurisdiction
of its incorporation and is duly qualified and is licensed and, as 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 <B><I>clause (b)(i)</I></B>&nbsp;or <B><I>(c)</I></B>, to the extent that 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: 0.5in">5.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Authorization;
No Contravention</B>. The execution, delivery and performance by Borrower of each Loan Document to which Borrower is party, have been
duly authorized by all necessary corporate or other organizational action, and do not and will not (a)&nbsp;contravene the terms of Borrower&rsquo;s
Organization Documents; (b)&nbsp;conflict with or result in any breach or contravention of, or the creation of any Lien under, or require
any payment to be made under (i)&nbsp;any Contractual Obligation to which Borrower is a party or affecting Borrower or the properties
of Borrower or any of its Subsidiaries or (ii)&nbsp;any order, injunction, writ or decree of any Governmental Authority or any arbitral
award to which Borrower or its property is subject; or (c)&nbsp;violate any 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: 0.5in">5.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Governmental
Authorization; Other Consents</B>. No 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 and delivery of, and the performance
of Borrower&rsquo;s obligations under this Agreement or any other Loan Document, except where such approval, consent, exemption, authorization,
action, notice or filing has been obtained or made, and except where 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"><FONT STYLE="background-color: lightgrey"></FONT></P>

<P STYLE="font: 10pt Times New Roman, 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">5.04&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Binding
Effect</B>. This Agreement has been, and each other Loan Document, when delivered hereunder, will have been, duly executed and delivered
by Borrower. This Agreement constitutes, and each other Loan Document when so delivered will constitute, a legal, valid and binding obligation
of Borrower, enforceable against Borrower in accordance with its terms, except as enforceability is limited by bankruptcy, insolvency,
reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors&rsquo; rights and except to
the extent that availability of the remedy of specific performance or injunctive relief is subject to the discretion of the court before
which any proceeding therefore may be brought.</P>

<P STYLE="font: 10pt Times New Roman, 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">5.05&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Financial
Statements; No Material Adverse Effect</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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; (ii)&nbsp;fairly present in all material respects the financial condition of 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; and (iii)&nbsp;show all material indebtedness
and other material liabilities, direct or contingent, of Borrower and its Subsidiaries as of the date thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
unaudited consolidated balance sheet of Borrower and its Subsidiaries dated September&nbsp;30, 2021, 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 in all material respects the financial condition of Borrower and its Subsidiaries as of the date thereof and their results of
operations for the period covered thereby, subject, in the case of <B><I>clauses (i)</I></B>&nbsp;and <B><I>(ii)</I></B>, to the absence
of footnotes and to normal year end audit adjustments. <B><I>Schedule 5.05</I></B> sets forth all material indebtedness and other liabilities,
direct or contingent, of Borrower and its consolidated Subsidiaries as of the Closing Date not otherwise disclosed or referenced (or otherwise
contemplated) in the Form&nbsp;10-Q report of Borrower filed with the SEC for the most recent fiscal quarter ended 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 would reasonably be expected to have a Material Adverse Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.06&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Litigation</B>.
There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of Borrower, threatened in writing, at law,
in equity, in arbitration or before any Governmental Authority, by or against Borrower or any of its Subsidiaries or against any of their
properties or revenues that (a)&nbsp;question the validity of this Agreement or any other Loan Document, or any of the Credit Extensions
contemplated hereby, or (b)&nbsp;except as specifically disclosed in <B><I>Schedule 5.06</I></B>, either individually or in the aggregate,
would reasonably be expected to have a Material Adverse Effect, and there has been no material adverse change in the status, or financial
effect on Borrower or any Subsidiary thereof, of the matters described on <B><I>Schedule 5.06</I></B>.</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.07&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>No
Default</B>. Neither Borrower nor any Subsidiary thereof is in default under or with respect to any Contractual Obligation that would,
either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Default has occurred and is continuing
or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.08&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Ownership
of Property; Liens</B>. Borrower and each Subsidiary of Borrower has good record and marketable title in fee simple to, or valid leasehold
interests in, all real property necessary or used in the ordinary conduct of its business, except for Permitted Liens and except for
such defects in title as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property
of Borrower and its Subsidiaries is subject to no Liens, other than Permitted Liens.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.09&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Environmental
Compliance</B>. Except as set forth on <B><I>Schedule 5.09</I></B>, neither Borrower nor any Subsidiary (a)&nbsp;has received any written
notice or other written communication or otherwise has knowledge of any Environmental Liability of Borrower or any Subsidiary which would
individually or in the aggregate reasonably be expected to have a Material Adverse Effect arising in connection with: (i)&nbsp;any non-compliance
with or violation of the requirements of any Environmental Law by Borrower or any Subsidiary, or any permit issued under any Environmental
Law to Borrower or any Subsidiary of Borrower; or (ii)&nbsp;the Release or threatened Release of any Hazardous Materials into the environment;
or (b)&nbsp;to its knowledge, has threatened or actual liability in connection with the Release or threatened Release of any Hazardous
Materials into the environment which would individually or in the aggregate reasonably be expected to have a Material Adverse Effect.
Except as would not reasonably be expected to have a Material Adverse Effect, neither Borrower nor any Subsidiary of Borrower has received
any Environmental Complaint.</P>

<P STYLE="font: 10pt Times New Roman, 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">5.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Insurance</B>.
The Properties of Borrower and the Properties of each of its Subsidiaries are insured with financially sound and reputable insurance
companies that are not Affiliates of Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried
by companies engaged in similar businesses and owning similar properties in localities where Borrower or the applicable Subsidiary operates.</P>

<P STYLE="font: 10pt Times New Roman, 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">5.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Taxes</B>.
Borrower and each Subsidiary has filed all federal, state and other material tax returns and reports required by applicable Law to be
filed, and has paid, or made adequate provision for the payment of all federal, state and other material Taxes that have been levied
or imposed upon Borrower or a Subsidiary, as applicable, or their properties, income or assets or that are otherwise due and payable,
except those which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves
have been provided in accordance with GAAP and except, in each case, to the extent that the failure to do so would not reasonably be
expected to have a Material Adverse Effect. There is no proposed tax assessment against Borrower or any Subsidiary that would reasonably
be expected to have a Material Adverse Effect. Neither Borrower nor any Subsidiary is party to any agreement the principal purpose of
which is to share tax liabilities.</P>

<P STYLE="font: 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">5.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Plan is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state laws. Each
Pension Plan that is intended to be a qualified plan under <I>Section&nbsp;401(a)</I>&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 <I>Section&nbsp;401(a)</I>&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
<I>Section&nbsp;501(a)</I>&nbsp;of the Code, or an application for such a letter is currently being processed by the Internal Revenue
Service, or such Plan is covered by an opinion letter issued by the Internal Revenue Service. To the best knowledge of Borrower, 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
are no pending or, to the best knowledge of Borrower, threatened claims, actions or lawsuits, or action by any Governmental Authority,
with respect to any 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;No
ERISA Event has occurred, and neither 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; (ii)&nbsp;Borrower and each ERISA Affiliate has
met 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 <I>Section&nbsp;430(d)(2)</I>&nbsp;of the Code) is 60% or higher
and neither Borrower nor any ERISA Affiliate knows of any facts or circumstances that would reasonably be expected to cause the funding
target attainment percentage for any such plan to drop below 60% as of the most recent valuation date; (iv)&nbsp;neither Borrower nor
any ERISA Affiliate has incurred any 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 Borrower nor any ERISA Affiliate has engaged in a transaction that would be subject
to <I>Section&nbsp;4069</I> or <I>Section&nbsp;4212(c)</I>&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 <I>Title IV</I> 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Neither
Borrower nor any ERISA Affiliate maintains or contributes to, or has any unsatisfied obligation to contribute to, or liability under,
any active or terminated Pension Plan other than (A)&nbsp;on the Closing Date, those listed on <B><I>Schedule 5.12(d)</I></B>&nbsp;hereto
and (B)&nbsp;thereafter, Pension Plans not otherwise prohibited by this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Subsidiaries;
Other Equity Investments</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Set
forth on <B><I>Schedule 5.13</I></B> is a complete and accurate list of all Subsidiaries, Joint Ventures and Unconsolidated Affiliates
of Borrower and any Subsidiary thereof as of the date of this Agreement and as updated in accordance with the terms of <B><I>Section&nbsp;6.02</I></B>,
including their respective business forms and jurisdictions of organization. The Equity Interests owned by Borrower and any Subsidiary
of Borrower in each Subsidiary and Joint Venture/Unconsolidated Affiliate are validly issued, fully paid and non-assessable and are owned
by Borrower free and clear of all Liens other than Permitted Liens.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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;Also
set forth on <B><I>Schedule 5.13</I></B> is a complete and accurate list of all Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs
</U></FONT>of Borrower or any Subsidiary of Borrower as of the date of this Agreement, including their respective business forms and
jurisdictions of organization. The Equity Interests owned by Borrower or any Subsidiary of Borrower in each Sponsored REIT are validly
issued, fully paid and non-assessable and are owned by Borrower or any Subsidiary of Borrower free and clear of all Liens other than
Permitted Liens.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Margin
Regulations; Investment Company Act</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
is not engaged, and will not engage, principally 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.</P>

<P STYLE="font: 10pt Times New 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;None
of Borrower nor any Subsidiary is or is required to be registered as an &ldquo;<I>investment company</I>&rdquo; under the Investment Company
Act of 1940.</P>

<P STYLE="font: 10pt Times New Roman, 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">5.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Disclosure</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
has disclosed to Administrative Agent and the Lenders all material agreements, instruments and corporate or other restrictions to which
it or any of its Subsidiaries are subject, and all other matters known to it, that, individually or in the aggregate, would reasonably
be expected to result in a Material Adverse Effect. No report, financial statement, certificate or other information furnished (whether
in writing or orally) by or on behalf of Borrower to Administrative Agent or any Lender in connection with the transactions contemplated
hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case, as modified or supplemented
by other information so furnished) taken as a whole contains any material misstatement of fact or omits to state any material fact necessary
to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that, with respect
to projected financial information, Borrower represents only that such information was prepared in good faith based upon assumptions that
Borrower believed to be reasonable at the time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
of the Closing Date, the information included in the Beneficial Ownership Certification, if applicable, is true and correct in all respects.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Compliance
with Laws</B>. Borrower and each Subsidiary thereof is in compliance in all material respects with the requirements of all Laws (including
without limitation the PATRIOT Act) and all orders, writs, injunctions and decrees applicable to it or to its properties, 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 or (b)&nbsp;the failure to comply therewith, either individually or in the aggregate, would not reasonably
be expected to have a Material Adverse Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Taxpayer
Identification Number</B>. Borrower has provided to Administrative Agent prior to Closing a true and correct U.S. taxpayer identification
number for 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: 0.5in">5.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>OFAC;
Anti-Corruption Laws; PATRIOT Act</B>. Neither Borrower, nor any of its Subsidiaries, nor, to the best knowledge of Borrower and its
Subsidiaries, any director, officer or employee thereof, is an individual or entity that is, or is owned or controlled by any individual
or entity that is (i)&nbsp;currently the subject or target of any Sanctions or (ii)&nbsp;located, organized or resident in a Designated
Jurisdiction. Borrower, and its Subsidiaries, and, to the knowledge of Borrower, its officers, employees, directors and agents, are in
compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. No Credit Extension, use of the proceeds of any
Credit Extension, or other transactions contemplated hereby will violate Anti-Corruption Laws or applicable Sanctions. Neither the making
of the Credit Extensions nor the use of the proceeds thereof will violate the PATRIOT Act, the Trading with the Enemy Act, as amended,
or any of the foreign assets control regulations of the United States Treasury Department (31 C.F.R. <I>Subtitle B</I>, <I>Chapter V</I>,
as amended) or any enabling legislation or executive order relating thereto or successor statue thereto. Borrower and its Subsidiaries
have conducted their businesses in compliance in all material respects with all applicable Sanctions and have instituted and maintained
policies and procedures designed to promote and achieve compliance with such 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: 0.5in">5.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>REIT
Status</B>. Borrower has elected status as a real estate investment trust under <I>Section&nbsp;856</I> of the Code and currently is
in compliance in all material respects with all provisions of the Code applicable to the qualification of Borrower as a real estate investment
trust.</P>

<P STYLE="font: 10pt Times New Roman, 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">5.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Solvency</B>.
Borrower, on a consolidated basis, (a)&nbsp;is not insolvent nor will be rendered insolvent by the Credit Extensions, (b)&nbsp;does not
have unreasonably small capital with which to engage in its business, and (c)&nbsp;has not incurred indebtedness beyond its ability to
pay such indebtedness as it matures. Borrower, on a consolidated basis, has assets having a value in excess of amounts required to pay
any 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: 0.5in">5.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Eligible
Unencumbered Property Pool Properties</B>. <B><I>Schedule 5.21</I></B> hereto contains a complete and accurate list of all Properties
comprising the Eligible Unencumbered Property Pool as of the Closing Date (and as updated in accordance with the terms of <B><I>Section&nbsp;6.02</I></B>)
and a description of each Property as a CBD or Urban Infill Property or a Suburban Property. Each Property comprising the Eligible Unencumbered
Property Pool satisfies each of the requirements set forth in the definition of &ldquo;<I>Eligible Unencumbered Property Pool.</I>&rdquo;
Borrower makes the following representations and warranties, to its knowledge, with respect to each individual Property included in the
Eligible Unencumbered Property Pool, as of the Closing Date (or, if later, as of the date such Property is added to the Eligible Unencumbered
Property Pool) and except as disclosed in Borrower&rsquo;s filings with the Securities and Exchange Commission or otherwise disclosed
in writing to Administrative Agent:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Availability
of Utilities</B>. (i)&nbsp;all utility services necessary and sufficient for the use and operation of each Property comprising the Eligible
Unencumbered Property Pool are presently available to the boundaries of each of the Properties comprising the Eligible Unencumbered Property
Pool through dedicated public rights of way or through perpetual private easements; and (ii)&nbsp;the owner has obtained all material
utility installations and connections required for the operation and servicing of each of the Properties comprising the Eligible Unencumbered
Property Pool for its intended purposes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Access</B>.
(i)&nbsp;the rights of way for all roads necessary for the utilization in all material respects of each of the Properties comprising the
Eligible Unencumbered Property Pool for its intended purposes have either been acquired by the appropriate Governmental Authority or have
been dedicated to public use and accepted by such Governmental Authority; (ii)&nbsp;all such roads have been completed and the right to
use all such roads, or suitable substitute rights of way, have been obtained; and (iii)&nbsp;all curb cuts, driveways and traffic signals
required for the operation and use in all material respects of each of the Properties comprising the Eligible Unencumbered Property Pool
are existing.</P>

<P STYLE="font: 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Condition
of Eligible Unencumbered Property Pool Properties</B>. (i)&nbsp;neither the Eligible Unencumbered Property Pool Properties nor any material
part thereof is now damaged or injured as result of any material fire, explosion, accident, flood or other casualty that is not covered
by insurance, and no Taking is pending or contemplated and (ii)&nbsp;Borrower is not aware of any material or patent structural defect
in any Property comprising the Eligible Unencumbered Property Pool.</P>

<P STYLE="font: 10pt Times New 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;<B>Compliance
with Requirements/Historic Status/Flood Area</B>. The Eligible Unencumbered Property Pool Properties comply in all material respects with
all material Requirements. Borrower has received no written notice alleging any material non-compliance by any of the Properties comprising
the Eligible Unencumbered Property Pool with any Requirements or indicating that any of the Properties comprising the Eligible Unencumbered
Property Pool are located within any historic district or have, or may be, designated as any kind of historic or landmark site under applicable
Requirements. None of the Properties comprising the Eligible Unencumbered Property Pool is located in any special flood hazard area as
defined under applicable Requirements, unless such Property is adequately covered by flood 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Other
Contracts</B>. Borrower has not made any material contract or arrangement of any kind or type whatsoever (whether oral or written, formal
or informal), the performance of which by the other party thereto would reasonably be expected to give rise to a Lien on any of the Properties
comprising the Eligible Unencumbered Property Pool other than a Permitted Lien.</P>

<P STYLE="font: 10pt Times New 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Violations</B>.
Borrower has received no written notices of any violation of any applicable material Requirements with respect to any of the Properties
comprising the Eligible Unencumbered Property Pool.</P>

<P STYLE="font: 10pt Times New Roman, 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">5.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Anti-Corruption
Laws</B>. To the best of Borrower&rsquo;s knowledge after due diligence, Borrower and its Subsidiaries have conducted their businesses
in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010, and other similar anti-corruption
legislation in other applicable jurisdictions and have instituted and maintained policies and procedures designed to promote and achieve
compliance with such 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: 0.5in">5.23&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Affected
Financial Institutions; Covered Entity</B>. None of Borrower nor any Subsidiary Guarantor is an Affected Financial Institution or a Covered
Entity.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">VI.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT><B>AFFIRMATIVE
COVENANTS</B>. So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder (other than any unasserted
indemnification obligation) shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, Borrower shall, and
shall (except in the case of the covenants set forth in <B><I>Sections 6.01</I></B>, <B><I>6.02</I></B>, and <B><I>6.03</I></B>,) cause
each Subsidiary to:</FONT></P>

<P STYLE="font: 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">6.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Financial
Statements</B>. Deliver to Administrative Agent, in form and detail satisfactory to Administrative Agent (and Administrative Agent will
provide to the Lenders):</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
soon as available, but in any event within ninety (90) days after the end of each fiscal year of Borrower, a consolidated balance sheet
of the Consolidated Parties 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 Administrative Agent, which
report and opinion shall be prepared in accordance with generally accepted auditing standards and applicable Securities Laws and shall
not be subject to any &ldquo;<I>going concern</I>&rdquo; or like qualification or exception or any qualification or exception as to the
scope of such audit;</P>

<P STYLE="font: 10pt Times New 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;as
soon as available, but in any event within forty-five (45) days after the end of each of the first three fiscal quarters of each fiscal
year of Borrower, a consolidated balance sheet of the Consolidated Parties as at the end of such fiscal quarter, and the related consolidated
statements of income or operations and cash flows for such fiscal quarter and for the portion of Borrower&rsquo;s fiscal year then ended,
and any other information included in Borrower&rsquo;s Form&nbsp;10-Q for such fiscal quarter, setting forth in each case in comparative
form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal
year, all in reasonable detail, such consolidated statements to be certified by the chief executive officer, chief financial officer,
treasurer or controller of Borrower as fairly presenting, in all material respects, the financial condition, results of operations and
cash flows of the Consolidated Parties in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of footnotes;
<FONT STYLE="color: red; "><STRIKE>and</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
soon as available, but in any event within thirty (30) days of the filing thereof, executed copies of all federal income tax returns,
reports and declarations of Borrower <FONT STYLE="color: red; "><STRIKE>and FSP Investments LLC</STRIKE></FONT>,
FSP Protective TRS Corp.<FONT STYLE="color: red; "><STRIKE>,</STRIKE></FONT> and FSP REIT Protective Trust<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>;
and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(d)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>as
soon as available, but in any event within twenty (20) days after the end of each calendar month (commencing with the first calendar month
end to occur after the First Amendment Effective Date), the Monthly Reporting Package certified</U></FONT><U> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: #00C000; ">by
a Responsible Officer</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: 0.5in">6.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Certificates;
Other Information</B>. Deliver to Administrative Agent, in form and detail reasonably satisfactory to Administrative Agent (and Administrative
Agent will provide to the Lenders):</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;concurrently
with the delivery of the financial statements referred to in <B><I>Sections 6.01(a)</I></B>&nbsp;and <B><I>(b)</I></B>, a Compliance Certificate
of a Responsible Officer, (A)&nbsp;demonstrating compliance, as of the end of each such fiscal period, with the financial covenants contained
in <B><I>Section&nbsp;7.10</I></B>, and (B)&nbsp;stating that, to such Responsible Officer&rsquo;s knowledge, no Default or Event of Default
exists, or if any Default or Event of Default does exist, specifying the nature and extent thereof and what action Borrower proposes to
take with respect thereto and (C)&nbsp;attaching and certifying to:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
update to <B><I>Schedule 5.21</I></B>, which such update shall, in each case, be deemed to replace, amend and restate such schedule, summarizing
total Unencumbered NOI and occupancy rates as of the last day of the applicable quarter;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
update to <B><I>Schedule 5.13(a)</I></B>, which such update shall, in each case, be deemed to replace, amend and restate such schedule;
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">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
listing of all Projects Under Development.</P>

<P STYLE="font: 10pt Times New 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;promptly
after any request by Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations submitted
to the board of directors (or the audit committee of the board of directors) of Borrower by independent accountants in connection with
the accounts or books of Borrower or any Subsidiary, or any audit of any of them;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Borrower in their capacity as such, and copies of all annual, regular, periodic and special reports and registration statements
which Borrower may file or be required to file with the SEC under <I>Section&nbsp;13</I> or <I>15(d)</I>&nbsp;of the Securities Exchange
Act of 1934, and not otherwise required to be delivered to Administrative Agent pursuant hereto;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly,
and in any event within five Business Days after receipt thereof by Borrower or any Subsidiary thereof, copies of each notice or other
correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any investigation or possible
investigation by such agency regarding financial or other operational results of Borrower or any 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">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly
following any request therefor, provide information and documentation reasonably requested by Administrative Agent or any Lender for purposes
of compliance with applicable &ldquo;know your customer&rdquo; and anti-money-laundering rules&nbsp;and regulations, including, without
limitation, the PATRIOT Act and the Beneficial Ownership Regulation; 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">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly,
such additional information regarding the business, financial or corporate affairs of Borrower or any Subsidiary, or compliance with the
terms of the Loan Documents, or an update to the list of Sponsored <FONT STYLE="color: red; "><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>REITs</U></FONT>
of Borrower or any Subsidiary thereof, as Administrative Agent 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; text-indent: 0.5in">Documents required to be delivered
pursuant to <B><I>Section&nbsp;6.01(a)</I></B>&nbsp;or <B><I>(b)</I></B>, <B><I>Section&nbsp;6.02(c)</I></B>&nbsp;and <B><I>(d)</I></B>&nbsp;or
<B><I>Section&nbsp;6.14</I></B> (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered
electronically and if so delivered, shall be deemed to have been delivered on the date (i)&nbsp;on which Borrower posts such documents,
or provides a link thereto on Borrower&rsquo;s website on the Internet at the website address listed on <B><I>Schedule 10.02</I></B>;
or (ii)&nbsp;on which such documents are posted on Borrower&rsquo;s behalf on an Internet or intranet website, if any, to which each Lender
and Administrative Agent have access (whether a commercial, third-party website or whether sponsored by Administrative Agent); provided
that: (i)&nbsp;Borrower shall deliver paper copies of such documents to Administrative Agent or any Lender upon its request to Borrower
to deliver such paper copies. Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of
the documents referred to above, and in any event shall have no responsibility to monitor compliance by Borrower with any such request
by a Lender 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; text-indent: 0.5in">Borrower hereby acknowledges
that (a)&nbsp;Administrative Agent and/or Arrangers will make available to the Lenders and the L/C Issuers materials and/or information
provided by or on behalf of Borrower hereunder (collectively, &ldquo;<B><I>Borrower Materials</I></B>&rdquo;) by posting Borrower Materials
on IntraLinks or another similar electronic system (the &ldquo;<B><I>Platform</I></B>&rdquo;) and (b)&nbsp;certain of the Lenders (each,
a &ldquo;<B><I>Public Lender</I></B>&rdquo;) may have personnel who do not wish to receive material non-public information (within the
meaning of the United States federal securities laws) with respect to Borrower or its Affiliates, or the respective securities of any
of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons&rsquo; securities.
Administrative Agent, Arrangers and each Lender agree that all materials and/or information to be provided by or on behalf of Borrower
shall be deemed to contain material non-public information, unless Borrower otherwise designates certain information as not containing
any material nonpublic information by clearly and conspicuously marking such information as &ldquo;<I>PUBLIC</I>&rdquo; on the first page&nbsp;thereof.
Borrower hereby agrees that by marking Borrower Materials &ldquo;<I>PUBLIC,</I>&rdquo; Borrower shall be deemed to have authorized Administrative
Agent, Arrangers, the L/C Issuers and the Lenders to treat such Borrower Materials as not containing any material non-public information
with respect to Borrower or its securities for purposes of United States federal and state securities laws (provided, however, that to
the extent such Borrower Materials constitute Information, they shall be treated as set forth in <B><I>Section&nbsp;10.07</I></B>) and
all Borrower Materials marked &ldquo;<I>PUBLIC</I>&rdquo; are permitted to be made available through a portion of the Platform designated
 &ldquo;<I>Public Side Information.</I>&rdquo; Administrative Agent and Arrangers agree to treat any Borrower Materials that are not marked
 &ldquo;<I>PUBLIC</I>&rdquo; as being suitable only for posting on a portion of the Platform not designated &ldquo;<I>Public Side Information.</I>&rdquo;
As of the Closing Date, each applicable Lender represents to Borrower that it is not a Public 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: 0.5in">6.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Notices</B>.
Promptly notify Administrative Agent:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
the occurrence of any Default known to Borrower;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
the occurrence of an Internal Control Event;</P>

<P STYLE="font: 10pt Times New 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;of
the occurrence of any ERISA Event;</P>

<P STYLE="font: 10pt Times New 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
any material change in accounting policies or financial reporting practices by Borrower or any 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">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;with
respect to Sponsored REITs, Borrower shall provide Administrative Agent with a copy of the applicable confidential offering memorandum
relating thereto; 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">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
change in the information provided in a Beneficial Ownership Certification that would result in any change to the beneficial owners identified
in such certification.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Each notice pursuant to this
<B><I>Section&nbsp;6.03</I></B> (other than <B><I>Section&nbsp;6.03(f)</I></B>) shall be accompanied by a statement of a Responsible Officer
of Borrower setting forth details of the occurrence referred to therein and stating what action Borrower has taken and proposes to take
with respect thereto. Each notice pursuant to <B><I>Section&nbsp;6.03(a)</I></B>&nbsp;shall describe with particularity any and all provisions
of this Agreement and any other Loan Document that have been breached. Administrative Agent will provide written notices received from
Borrower pursuant to this <B><I>Section&nbsp;6.03</I></B> 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: 0.5in">6.04&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Payment
of Taxes</B>. Pay and discharge, or cause to be paid and discharged, as the same shall become due and payable all Tax liabilities
imposed or levied upon it or any of its Subsidiaries or any of its or its Subsidiaries&rsquo; properties or assets, unless (i)&nbsp;the
same are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP
are being maintained by Borrower or such Subsidiary or (ii)&nbsp;failure to pay or discharge such items 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"></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">6.05&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Preservation
of Existence, Etc</B>. (a)&nbsp;Preserve, renew and maintain or cause to be preserved, renewed and maintained and in full force and effect
its and its Subsidiaries&rsquo; legal existence and good standing under the Laws of the jurisdiction of each of their respective organization
except in a transaction permitted by <B><I>Sections 7.04</I></B> or <B><I>7.05</I></B>; (b)&nbsp;take all reasonable action to maintain
or cause to be maintained all rights, privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its
business and the business of its Subsidiaries, 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 or cause to be preserved and renewed all of its and it Subsidiaries&rsquo; registered
patents, trademarks, trade names and service marks, the non-preservation of which would reasonably be expected to have a Material Adverse
Effect.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.06&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Maintenance
of Properties</B>. (a)&nbsp;Maintain, preserve and protect or cause to be maintained, preserved and protected all of its and its Subsidiaries&rsquo;
material properties and equipment necessary in the operation of its and its Subsidiaries&rsquo; business in good working order and condition,
ordinary wear and tear and insured fire or other casualty excepted; (b)&nbsp;make or cause to be made all necessary repairs thereto and
renewals and replacements thereof; and (c)&nbsp;use the standard of care typical in the industry in the operation and maintenance of
its facilities and those of its Subsidiaries, in each case, except where 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: 0.5in">6.07&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Maintenance
of Insurance</B>. Maintain or cause to be maintained with financially sound and reputable insurance companies not Affiliates of Borrower
or any Subsidiary of Borrower, insurance with respect to its properties and business and those of its Subsidiaries against loss or damage
of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts 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: 0.5in">6.08&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Compliance
with Laws</B>. Comply or cause compliance in all material respects with the requirements of all Laws and all orders, writs, injunctions
and decrees applicable to it or its Subsidiaries or to its business or property and the businesses or properties of its Subsidiaries
(including without limitation all Anti-Corruption Laws and Sanctions), 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; or (b)&nbsp;the
failure to comply therewith 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: 0.5in">6.09&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Books
and Records</B>. Maintain or cause to be maintained proper books of record and account, in which full, true and correct entries, in material
conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of
Borrower or any Subsidiary, as the case may be.</P>

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

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

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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

<!-- Field: Split-Segment; Name: 6 -->
<P STYLE="font: 10pt Times New Roman, 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">6.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Inspection
Rights</B>. Permit representatives appointed by Administrative Agent and each Lender, including, without limitation, independent accountants,
agents, attorneys, and appraisers to visit and inspect any of its or its Subsidiaries&rsquo; Properties and permit representatives appointed
by Administrative Agent to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and
to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at such reasonable
times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to Borrower provided, however,
that when an Event of Default exists Administrative Agent or any Lender (or any of their respective or independent contractors) may do
any of the foregoing at the expense of Borrower at any time during normal business hours and without advance notice; and provided further
that it shall not be a breach of this <B><I>Section&nbsp;6.10</I></B> if, (a)&nbsp;despite Borrower&rsquo;s diligent conduct, Borrower&rsquo;s
independent public accountants decline to meet or discuss with Administrative Agent, or (b)&nbsp;despite Borrower&rsquo;s diligent conduct
a tenant at a Property does not permit Administrative Agent to inspect such 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: 0.5in">6.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Use
of Proceeds</B>. Use the proceeds of the Credit Extensions solely for the following purposes: (a)&nbsp;to finance <FONT STYLE="color: red"><STRIKE>the
acquisition of real properties and for other</STRIKE></FONT> investments permitted under <B><I>Section&nbsp;7.02</I></B> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
<B><I>Section&nbsp;7.17</I></B></U></FONT>; <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
</U></FONT>(b)<FONT STYLE="color: red"><STRIKE>&nbsp;to finance investments associated with Sponsored REITS, including without limitation,
loans to Sponsored REITS and the purchase of preferred stock in Sponsored REITS; (c)&nbsp;to refinance and/or retire Indebtedness; and
(d)</STRIKE></FONT>&nbsp;for working capital and other general business purposes <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(including
for building improvements, tenant improvements and leasing commissions related to Properties)</U></FONT>, <I>provided, however</I><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT>that no Credit Extensions shall be used to <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)&nbsp;</U></FONT>make
Restricted Payments (except <FONT STYLE="color: red"><STRIKE>if such </STRIKE></FONT>Restricted Payments <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>that
</U></FONT>are permitted under <B><I>Section&nbsp;7.10(g)</I></B><FONT STYLE="color: red"><STRIKE>)</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><B><I><U>(iii)</U></I></B><U>)
or (ii)&nbsp;to repay Indebtedness of any Consolidated Party (other than a Loan advanced on the First Amendment Effective Date in an
amount not to exceed $40,000,000, the proceeds of which are used to repay Indebtedness under the BMO Loan Documents) or in violation
of <B><I>Section&nbsp;7.09</I></B></U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, 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">6.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Subsidiary
Guarantors</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any Subsidiary incurs any Recourse Indebtedness (including, for the avoidance of doubt, any Guarantee in respect of any indenture providing
for Recourse Indebtedness), (i)&nbsp;said Subsidiary shall be required, as described in <B><I>Section&nbsp;6.12(b)</I></B>&nbsp;below,
to become a Subsidiary Guarantor and (ii)&nbsp;any Property owned by such Subsidiary shall cease to be included in the Eligible Unencumbered
Property Pool while such Recourse Indebtedness is in effect. In no event shall a Sponsored REIT or (except as described in the preceding
sentence) an Excluded Subsidiary be required to become a Subsidiary Guarantor. No Person that is not a &ldquo;<I>United States Person</I>&rdquo;
within the meaning of <I>Section&nbsp;7701(a)(30)</I> of the Code shall become a Subsidiary Guarantor pursuant to this <B><I>Section&nbsp;6.12(a)</I></B>&nbsp;unless
all Lenders consent thereto in writing. Any Recourse Indebtedness incurred by a Subsidiary shall be subject to compliance with the Financial
Covenants set forth in <B><I>Section&nbsp;7.10</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any Subsidiary shall be required to become a Subsidiary Guarantor pursuant to <B><I>Section&nbsp;6.12(a)</I></B>, Borrower shall, within
fifteen (15) Business Days of such Subsidiary incurring Recourse Indebtedness, (x)&nbsp;cause said Subsidiary to become a Subsidiary Guarantor
by executing and delivering to Administrative Agent a Subsidiary Guaranty in the form of <B><I>Exhibit&nbsp;F</I></B> attached hereto
and (y)&nbsp;deliver to Administrative Agent documents with respect to such Subsidiary Guarantor of the types referred to in <B><I>clauses
(iii)</I></B>, <B><I>(iv)</I></B>, <B><I>(v)</I></B>&nbsp;and <B><I>(vii)</I></B>&nbsp;of <B><I>Section&nbsp;4.01(a)</I></B>&nbsp;(unless
waived by Administrative Agent), all in form, content and scope similar to those provided with respect to Borrower as of 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"></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;&#8239;If
(I)&nbsp;the equity interests in a Subsidiary Guarantor are disposed of in a transaction permitted under this Agreement, (II)&nbsp;a
Subsidiary Guarantor disposes of substantially all of its assets such that such Subsidiary qualifies as an Immaterial Subsidiary, or
(III)&nbsp;the Recourse Indebtedness causing a Subsidiary to become a Subsidiary Guarantor is satisfied in full or such Subsidiary is
discharged from or is no longer liable for its obligations with respect to such Recourse Indebtedness without having defaulted thereunder,
then such Subsidiary shall be released as a Subsidiary Guarantor hereunder in accordance with 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 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
shall deliver to Administrative Agent, not less than ten days prior to the requested release of such Subsidiary Guarantor hereunder, (A)&nbsp;evidence,
reasonably satisfactory to Administrative Agent that (I)&nbsp;the equity interests in such Subsidiary Guarantor are disposed of in a transaction
permitted under this Agreement, (II)&nbsp;such Subsidiary has disposed of (or will substantially contemporaneously with delivery of such
evidence dispose of) substantially all of its assets and qualifies as an Immaterial Subsidiary or (III)&nbsp;the Recourse Indebtedness
causing a Subsidiary to become a Subsidiary Guarantor is satisfied in full, or such Subsidiary Guarantor is discharged from or is no longer
liable for its obligations with respect to such Recourse Indebtedness without having defaulted thereunder, and (B)&nbsp;a certificate
of a Responsible Officer of Borrower certifying that, to such Responsible Officer&rsquo;s knowledge, immediately prior to such release
and immediately following such release, no Default or Event of Default exists or will exist under the Agreement or any of the other Loan
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">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Administrative
Agent shall, upon written request therefor given by Borrower provide a written confirmation of the release of the applicable Person as
a Subsidiary Guarantor, provided that Borrower has complied with <B><I>Section&nbsp;6.12(c)(i)</I></B>&nbsp;above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(d)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Borrower
shall at all times secure, and shall cause its Subsidiaries to secure, the Obligations equally and ratably with any Liens (other than
Liens described in <B><I>clause (vi)</I></B>&nbsp;of the definition of Permitted Liens) securing the Indebtedness of such Person outstanding
under or pursuant to any Material Credit Facility (and any Guarantee delivered in connection therewith) pursuant to documentation reasonably
acceptable to Administrative Agent in substance and in form, including an intercreditor agreement and opinions of counsel to Borrower
and/or any such Subsidiary, as the case may be, from counsel that is reasonably acceptable to Administrative Agent.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(e)</U></FONT> &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="color: red; "><STRIKE>(d)&nbsp;</STRIKE></FONT>Administrative
Agent will provide notice to the Lenders of the addition or release of any Subsidiary Guarantor <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>or
any security provided by Borrower </U></FONT>pursuant to this <B><I>Section&nbsp;6.12</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>REIT
Status</B>. At all times comply with all applicable provisions of the Code necessary to allow Borrower to qualify for status as a real
estate investment trust.</P>

<P STYLE="font: 10pt Times New Roman, 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">6.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Material
Contracts</B>. Comply in all material respects with the terms and conditions of all Contractual Obligations including, without limitation,
the provisions of any ground lease to which Borrower or any Subsidiary is subject except in such instance where the failure to comply
therewith would not reasonably be expected to have a Material Adverse Effect and, with respect to any Indebtedness of any Consolidated
Party having a principal amount (including undrawn committed or available amounts) of at least $20,000,000, within thirty (30) days after
closing on (or if later, otherwise becoming liable with respect to) such Indebtedness, disclose in writing to Administrative Agent the
financial covenant requirements 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"></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">6.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Further
Assurances</B>. At the cost and expense of Borrower and upon request of Administrative Agent, duly execute and deliver or cause to be
duly executed and delivered, to Administrative Agent such further instruments, documents and certificates, and do and cause to be done
such further acts that may be reasonably necessary or advisable in the reasonable opinion of Administrative Agent to carry out more effectively
the provisions and purposes of this Agreement and the other Loan Documents.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Anti-Corruption
Laws; Sanctions</B>. Conduct its businesses in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery
Act 2010, and other similar Anti-Corruption Laws in other applicable jurisdictions and with all applicable Sanctions, and maintain policies
and procedures designed to promote and achieve compliance with such laws and 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">VII.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT><B>NEGATIVE
COVENANTS</B>. So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder (other than unasserted
indemnification obligations) shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding, Borrower shall not,
directly or indirectly (or permit any Subsidiary to do so):</FONT></P>

<P STYLE="font: 10pt Times New Roman, 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">7.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Liens</B>.
Create, incur, assume or permit to exist any Lien with respect to any of its property, assets or revenues, whether now owned or hereafter
acquired, other than Permitted Liens.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Investments</B>.
Make any Investments, except <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(subject
to the additional limitations set forth in <B><I>Section&nbsp;7.17</I></B>)</U></FONT>:</P>

<P STYLE="font: 10pt Times New 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;Investments
in Projects Under Development, undeveloped land holdings, Joint Venture Projects and Joint Ventures, Securities Holdings and Mortgages;</P>

<P STYLE="font: 10pt Times New 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;Investments
held by Borrower or any Subsidiary in the form of Cash Equivalents;</P>

<P STYLE="font: 10pt Times New 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;Investments
by and among Borrower and its Subsidiaries (including without limitation, any Excluded 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">(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<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>,
and Investments received in connection with Dispositions, to the extent allowed under the last sentence of <B><I>Section&nbsp;7.17(b)</I></B></U></FONT>;</P>

<P STYLE="font: 10pt Times New 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
held by Borrower or any Subsidiary in the form of acquiring, developing, maintaining and operating income producing Properties (including
the creation or acquisition of Subsidiaries in connection therewith);</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
held by Borrower or any Subsidiary in Sponsored REITs, including loans and <FONT STYLE="color: red; "><STRIKE>mortgages</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Mortgages</U></FONT>
to and purchases of preferred Equity Interests in Sponsored REITs; 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">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
listed on <B><I>Schedule 7.02(g)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Indebtedness</B>.
Create, incur, assume or suffer to exist any Indebtedness, except <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(subject
to the additional limitations set forth in <B><I>Section&nbsp;7.17</I></B>)</U></FONT>:</P>

<P STYLE="font: 10pt Times New 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;Indebtedness
under the Loan Documents;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
under the BMO Loan Documents<FONT STYLE="color: red; "><STRIKE>, the BoA Loan Documents</STRIKE></FONT> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>and
any extension, renewal or refinancing thereof</U></FONT> and the Senior Unsecured Notes; 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
other Indebtedness (including, without limitation, Guarantees in respect of Indebtedness otherwise permitted hereunder) to the extent
such Indebtedness would not result in a breach of any of the financial covenants set forth in <B><I>Section&nbsp;7.10</I></B> and, if
applicable, Borrower complies with or causes compliance with <B><I>Section&nbsp;6.12</I></B>; <I>provided</I>, that to the extent such
Indebtedness is in the form of obligations under any Swap Contract (i)&nbsp;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 liabilities, commitments, investments,
assets, or property held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person, and not
for purposes of speculation or taking a &ldquo;market view;&rdquo; and (ii)&nbsp;such Swap Contract contains provisions suspending the
non-defaulting party&rsquo;s obligation to make payments on outstanding transactions to the defaulting 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: 0.5in">7.04&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Fundamental
Changes</B>. Except as otherwise permitted under this Agreement, merge, dissolve, liquidate, consolidate with or into another Person,
or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or
hereafter acquired) to or in favor of any Person (including, in each case, pursuant to a Division), except that, so long as no Default
exists or would result therefrom:</P>

<P STYLE="font: 10pt Times New 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
Subsidiary may merge or consolidate with (i)&nbsp;Borrower, or (ii)&nbsp;any one or more other Subsidiaries, provided that when Borrower
is merging or consolidating with a Subsidiary, Borrower shall be the continuing or surviving Person and Borrower shall continue to remain
in compliance with <B><I>Section&nbsp;7.10</I></B>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
Subsidiary may Dispose of all or substantially all of its assets (upon voluntary liquidation or otherwise) to Borrower or to another Subsidiary,
and any Subsidiary may liquidate or dissolve so long as Borrower shall continue to remain in compliance with <B><I>Section&nbsp;7.10</I></B>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
or substantially all of the assets or all of the Equity Interests of a Subsidiary may be Disposed of to the extent such Disposition is
permitted pursuant to <B><I>Section&nbsp;7.05</I></B>; 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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
or a Subsidiary may acquire a Sponsored REIT by merger or consolidation provided that Borrower is the surviving Person or a Person wholly-owned
by Borrower is the surviving Person and Borrower shall continue to remain in compliance with <B><I>Section&nbsp;7.10</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">7.05&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Dispositions</B>.
Make any Disposition or enter into any agreement to make any Disposition, except:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of obsolete or worn out property, whether now owned or hereafter acquired, in the ordinary course of business;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of equipment or real property to the extent that (i)&nbsp;such property is exchanged for credit against the purchase price of similar
replacement property or (ii)&nbsp;the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement
property;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of property by any Subsidiary to Borrower (provided after such Disposition, Borrower remains in compliance with <B><I>Section&nbsp;7.10</I></B>)
or to any 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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
permitted by <B><I>Section&nbsp;7.04(a)-(b)</I></B>; 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
(including without limitation dispositions of Properties and equity interests of Subsidiaries), provided that after such Disposition Borrower
remains in compliance with <B><I>Section&nbsp;7.10</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.06&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Change
in Nature of Business</B>. Engage in (or permit any other Subsidiary to engage in) any material line of business substantially different
from those lines of business conducted by Borrower and its Subsidiaries on the date hereof or any business substantially related or incidental
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: 0.5in">7.07&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Transactions
with Affiliates</B>. Permit to exist or enter into, any transaction (including the purchase, sale, lease or exchange of any property
or the rendering of any service) with any Affiliate (or permit any Subsidiary to do so), except (a)&nbsp;as set forth on <B><I>Schedule
<FONT STYLE="color: red"><STRIKE>7.087</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>7.07
</U></FONT></I></B>or (b)&nbsp;transactions not otherwise prohibited hereunder and consistent with past practices, upon fair and reasonable
terms which are no less favorable to Borrower or a Subsidiary, than would be obtained in a comparable arm&rsquo;s length transaction
with a Person that is not an Affiliate or (c)&nbsp;transactions not otherwise prohibited hereunder among Borrower, its Subsidiaries and
Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs</U></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, 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">7.08&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Burdensome
Agreements</B>. Except in connection with any transaction not prohibited hereunder, enter into or permit any Subsidiary to enter into
any Contractual Obligation (other than this Agreement or any other Loan Document) that (a)&nbsp;limits the ability (i)&nbsp;of any Subsidiary
to make Restricted Payments to Borrower or to otherwise transfer property to Borrower, (ii)&nbsp;of any Subsidiary to become a Subsidiary
Guarantor hereunder or (iii)&nbsp;of Borrower or any Subsidiary to create, incur, assume or suffer to exist Liens on property of such
Person; or (b)&nbsp;requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation
of such Person; provided, that this <B><I>Section&nbsp;7.08</I></B> shall not apply to and shall not be deemed to restrict the ability
of Borrower or any Subsidiary from entering into Contractual Obligations of any type related to Indebtedness provided that such Indebtedness
would not result in a breach of any of the financial covenants set forth in <B><I>Section&nbsp;7.10</I></B> of this Agreement and provided
further that Borrower complies or causes compliance with the provisions of <B><I>Section&nbsp;6.12</I></B>, 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"></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">7.09&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Use
of Proceeds<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>;
Letters of Credit</U></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 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(a)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Use
the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, (i)&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 or (ii)&nbsp;other than for the express purposes
permitted by <B><I>Section&nbsp;6.11</I></B> 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; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; 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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Use
Letters of Credit to secure or otherwise support any Indebtedness of any of the Consolidated Parties.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, 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">7.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Financial
Covenants</B>. Fail, at any time, to comply with any of the following financial covenants on a consolidated basis provided that such
covenants shall be calculated as of the last day of a calendar quarter:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Minimum
Tangible Net Worth</B>. Borrower shall maintain a Tangible Net Worth equal to or in excess of $571,992,000, <I>plus</I> 75% of the aggregate
net proceeds received by Borrower in connection with any offering of stock or other equity in Borrower after September&nbsp;30, 2021.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Maximum
Leverage Ratio</B>. Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to exceed 0.60:1.0, to be increased
at the election of Borrower a maximum of two times during the term of the Loans, provided that no Leverage Increase Period (hereinafter
defined) shall be consecutive, to 0.65 to 1.0 commencing on the date on which a Significant Acquisition occurs and continuing for the
succeeding three full fiscal quarters thereafter (each a &ldquo;<B><I>Leverage Increase Period</I></B>&rdquo;).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Maximum
Secured Leverage Ratio</B>. Borrower shall not permit the ratio of Total Secured Indebtedness (excluding the Credit Extensions) to Total
Asset Value to exceed 0.30:1.0.</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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Minimum
Fixed Charge Coverage Ratio</B>. Borrower shall not permit the ratio of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.0.</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">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Maximum
Unencumbered Leverage Ratio</B>. Borrower shall not permit the ratio of Unsecured Indebtedness to Unencumbered Asset Value to exceed 0.60:1.0,
to be increased at the election of Borrower a maximum of two times during the term of the Loans, provided that no Leverage Increase Period
shall be consecutive, to 0.65 to 1.0 commencing on the date on which a Significant Acquisition occurs and continuing for the succeeding
three full fiscal quarters 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">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Minimum
Unsecured Interest Coverage</B>. Borrower shall not permit the ratio of Unencumbered NOI to the Interest Expense from the Eligible Unencumbered
Property Pool to be less than 1.75:1.0. For the purpose of calculating NOI for this <B><I>Section&nbsp;7.10(f)</I></B>, <B><I>items (a)-(d)</I></B>&nbsp;of
the definition of Net Operating Income shall be adjusted to (i)&nbsp;exclude the amount attributable to the Properties disposed of during
such fiscal quarter and (ii)&nbsp;adjust the amount attributable to Properties owned less than a full fiscal quarter so that such amount
is grossed up as if the Property had been owned for the entire fiscal quarter.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Dividends,
Distributions and other Restricted Payments</B>. Borrower shall not make Restricted Payments and no Subsidiary shall make any Restricted
Payments to any Person other than Borrower or a Subsidiary of Borrower, except:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
Subsidiary may make Restricted Payments to Borrower and any other Person that owns an Equity Interest in such Subsidiary, ratably according
to their respective holdings of the type of Equity Interest in respect of which such Restricted Payment is being 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">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
member of the Consolidated Group may declare and make dividend payments or other distributions, and may make other Restricted Payments,
in each case payable solely in the common stock or other common Equity Interests of such Person or of <FONT STYLE="color: red; "><STRIKE>Parent</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>Borrower</U></FONT>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
may make Restricted Payments <FONT STYLE="color: red; "><STRIKE>described in <B><I>clause (b)</I></B>&nbsp;of the
definition thereof so long as no Event of Default exists or would result therefrom;</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE=""><STRIKE>(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
may make Restricted Payments described in <B><I>clause (c)</I></B>&nbsp;of the definition thereof so long as no Event of Default exists
or would result therefrom;</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: red; "><STRIKE>(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;notwithstanding
<B><I>clause</I></B></STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>to the holders of its common Equity Interests
in an amount not to exceed the greater of</U></FONT> (<FONT STYLE="color: red; "><B><I><STRIKE>a</STRIKE></I></B></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>A</U></FONT>)
<FONT STYLE="color: red; "><STRIKE>of the definition of Restricted Payments, Borrower may make</STRIKE></FONT><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>$0.01
per common share per fiscal quarter and (B)</U></FONT>&nbsp;REIT Qualifying Distributions<FONT STYLE="color: red; "><STRIKE>,
which Borrower may elect to make in whole or in part at any time and from time to time in Borrower&rsquo;s good faith determination</STRIKE></FONT>;
<I>provided, however</I>, <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(x)</U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: #00C000; ">&nbsp;to
the extent an Event of Default has occurred and is continuing, </FONT></U><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">such
Restricted Payments shall be limited to the amounts described in <B><I>clause (B)</I></B>&nbsp;above and (y)&nbsp;</FONT></U>to the extent
an Event of Default specified in <B><I>Section&nbsp;8.01(f)</I></B>&nbsp;or <B><I>8.01(g)</I></B>&nbsp;has occurred and is continuing
or an Event of Default has occurred and continuing that has resulted in Administrative Agent exercising its remedies under <B><I>Section&nbsp;8.02(b)</I></B>,
no such Restricted Payments shall be permitted without the consent of the Required Lenders; 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"><FONT STYLE="color: red; "><STRIKE>(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
may make Restricted Payments pursuant to clause (a)&nbsp;of the definition thereof in the amount of the FFO Distribution Allowance, which
Restricted Payments Borrower may elect to make in whole or in part at any time and from time to time in Borrower&rsquo;s good faith determination;
<I>provided, however</I>,</STRIKE></FONT><STRIKE> <FONT STYLE="color: #00C000; ">to the extent an Event of Default
has occurred and is continuing, </FONT></STRIKE><STRIKE><FONT STYLE="color: red; ">no such Restricted Payments shall
be permitted under this <B><I>clause (vi)</I></B>&nbsp;without the</FONT></STRIKE><STRIKE> <FONT STYLE="color: #00C000; ">consent
of the Required Lenders</FONT></STRIKE><STRIKE><FONT STYLE="color: red; ">.</FONT></STRIKE></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(iv)</U></FONT> &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Borrower
may issue rights under any shareholder rights plan that the board of directors of Borrower may adopt and may redeem such rights so long
as the amount paid by Borrower for all such redemptions does not exceed $100,000 in the aggregate.</U></FONT></P>

<P STYLE="font: 10pt Times New 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="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(h)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U><B>Maximum
Secured Recourse Leverage Ratio</B>. Borrower shall not permit the ratio of Total Secured Indebtedness that is Recourse Indebtedness to
Total Asset Value to exceed 0.01:1.0</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, 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 calculating the financial
covenants pursuant to this <B><I>Section&nbsp;7.10</I></B>, any obligations that are secured by Liens described in <B><I>clause (vi)</I></B>&nbsp;of
the definition of Permitted Liens shall not be deemed to be secured by a mortgage, deed of trust, lien, pledge, encumbrance or other security
agreement.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Organizational
Documents</B>. Amend, modify, waive or change its Organization Documents in a manner materially adverse to the interests of the Lenders
in any material respect, or in a manner that would reasonably be expected to have a Material Adverse Effect on 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: 0.5in">7.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Sanctions</B>.
Knowingly directly or indirectly use the proceeds of any Credit Extension, or lend, contribute or otherwise make available such proceeds
to any Subsidiary, joint venture partner or other individual or entity, to fund any activities of or business with any Person, or in
any Designated Jurisdiction, that, at the time of such funding, is the subject of Sanctions (and is not covered by an exception to such
Sanctions), or in any other manner that will result in a violation by any individual or entity party to this Loan Agreement of Sanctions
or Anti-Corruption 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: 0.5in">7.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Sale
Leasebacks</B>. Except as would not reasonably be expected to have a Material Adverse Effect, directly or indirectly, become or remain
liable as lessee or as guarantor or other surety with respect to any lease, whether an operating lease or a capital lease, of any property
(whether real or personal or mixed), whether now owned or hereafter acquired, (a)&nbsp;which such Person has sold or transferred or is
to sell or transfer to a Person which is not a Consolidated Party or (b)&nbsp;which such Person intends to use for substantially the
same purpose as any other property which has been sold or is to be sold or transferred by such Person to another Person which is not
a Consolidated Party in connection with such 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: 0.5in">7.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Prepayments
of Indebtedness</B>. If any Event of Default has occurred and is continuing or would be directly or indirectly caused as a result thereof,
with respect to Borrower and any Subsidiary thereof (i)&nbsp;amend or modify (or permit the amendment or modification of) any of the
terms of any Indebtedness of such Person if such amendment or modification would accelerate the maturity date of such Indebtedness or
would require an unscheduled payment of such Indebtedness or would effect any type of transfer of property or assets in payment of Indebtedness
or would otherwise have the effect of prepaying such Indebtedness or (ii)&nbsp;prepay, any Indebtedness of such Person, provided, however,
Borrower may make such mandatory prepayments or redemptions expressly required by any unsecured bond or senior note indenture to which
Borrower is a party (so long as such mandatory prepayments or redemptions are not triggered by events of default under such bond or senior
note Indebtedness) provided that prepayment or redemption of such bond or senior note Indebtedness would not result in a breach of any
of the financial covenants set forth in <B><I>Section&nbsp;7.10</I></B> 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: 0.5in">7.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Changes
in Accounting</B>. Except as required by Laws or GAAP, make any changes in accounting policies or reporting practices.</P>

<P STYLE="font: 10pt Times New Roman, 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">7.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Anti-Corruption
Laws</B>. Directly or indirectly use the proceeds of any Credit Extension for any purpose which would breach the United States Foreign
Corrupt Practices Act of 1977, the UK Bribery Act 2010, and other similar anti-corruption legislation in other applicable jurisdictions.</P>

<P STYLE="font: 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; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>7.17</U></FONT> &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U><B>Enhanced
Negative Covenants</B></U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">.
On and after the First Amendment Effective Date:</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; 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;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U><B>Indebtedness</B>.
Notwithstanding anything to the contrary in <B><I>Section&nbsp;7.03</I></B>, Borrower shall not, and shall not permit any Subsidiary to,
create, incur, Guarantee, assume or suffer to exist any Indebtedness, except:</U></FONT></P>

<P STYLE="font: 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: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)</U></FONT> &#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Indebtedness
under the Loan Documents, the BMO Loan Documents and the Senior Unsecured Notes;</U></FONT></P>

<P STYLE="font: 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: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(ii)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>any
renewals, extensions, refinancings or replacements of the Indebtedness described in <B><I>clause (i)</I></B>&nbsp;preceding so long as
(A)&nbsp; such renewal, extension, refinancing or replacement would not result in a breach of any of the financial covenants set forth
herein and (B)&nbsp;the final stated maturity date of any refinancing or replacement Indebtedness shall not be earlier than the existing
maturity date of the Indebtedness being refinanced or replaced; and</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(iii)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Indebtedness
of the types described in <B><I>clauses (c)</I></B>, <B><I>(d)</I></B>&nbsp;and <B><I>(e)</I></B>&nbsp;of the definition of &ldquo;<I>Indebtedness</I>,&rdquo;
in each case incurred in the ordinary course of business consistent with past practices.</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(b)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U><B>Investments</B>.
Notwithstanding anything to the contrary in <B><I>Section&nbsp;7.02</I></B>, Borrower shall not, and shall not permit any Subsidiary to,
make (i)&nbsp;any additional Investment of the types otherwise permitted under <B><I>Section&nbsp;7.02(a)</I></B>, other than normal recurring
maintenance capital expenditures, without the consent of each Lender, (ii)&nbsp;any Investment to acquire new Properties not owned by
a Consolidated Party as of the First Amendment Effective Date that would otherwise be permitted under <B><I>Section&nbsp;7.02(e)</I></B>&nbsp;without
the consent of each Lender, or (iii)&nbsp;any additional Investment of the types otherwise permitted under <B><I>Section&nbsp;7.02(f)&nbsp;</I></B>without
the consent of each Lender (except with respect to Borrower&rsquo;s only Sponsored REIT, FSP Monument Circle Corp. and its subsidiary
FSP Monument Circle LLC, (x)&nbsp;Borrower may extend the maturity of any existing Mortgage loan, and (y)&nbsp;Borrower may increase the
existing Mortgage loan or make a new Mortgage loan to such Sponsored REIT with the prior written</U></FONT> <FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: #00C000;"><U>consent
of the Required Lenders</U></FONT><U><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue">). Notwithstanding the foregoing, in connection
with a Disposition of a Property otherwise permitted hereunder, Borrower may retain an interest in such Property in the form of ownership
of the Equity Interests in the owner of such Property following the consummation of such Disposition or receive a note so long as (A)&nbsp;at
least ninety-five percent (95%) of the consideration for the purchase of such Property is paid in cash, and (B)&nbsp;such Disposition
is to a third party that is not an Affiliate of Borrower and is pursuant to an arms-length transaction.</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">VIII.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-transform: uppercase"><B>EVENTS
OF DEFAULT AND REMEDIES</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Non-Payment</B>.
Borrower fails to pay (i)&nbsp;within five days after the same is required to be paid herein (other than at the Maturity Date, whether
at stated maturity, by acceleration or otherwise, as to which such five day period shall not apply), any amount of principal of any Loan
or any L/C Obligation, or (ii)&nbsp;within five days after the same becomes due (other than at the Maturity Date, whether at stated maturity,
by acceleration or otherwise, as to which such five day period shall not apply), any interest on any Loan or on any L/C Obligation, or
any fee due hereunder, or (iii)&nbsp;within five days after written notice from Administrative Agent that the same has become due and
payable, 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">&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;<B>Specific
Covenants</B>. Borrower fails to perform or observe any term, covenant or agreement contained in any of <B><I>Section&nbsp;6.01</I></B>,
<B><I>6.02</I></B>, <B><I>6.03</I></B>, <B><I>6.05</I></B>, <B><I>6.07</I></B>, <B><I>6.11</I></B>, or <B><I>6.12</I></B> or <B><I>Article&nbsp;VII</I></B>;
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;<B>Other
Defaults</B>. Borrower fails to perform or observe any other covenant or agreement (not specified in <B><I>subsection (a)</I></B>&nbsp;or
<B><I>(b)</I></B>&nbsp;above) contained herein or in any other Loan Document on its part to be performed or observed and such failure
continues for thirty (30) days after delivery of written notice thereof from Administrative Agent, provided that in the case of any such
default which is susceptible to cure but cannot be cured within thirty (30) days through the exercise of reasonable diligence, if Borrower
commences such cure within the initial thirty (30) days period and thereafter diligently prosecutes same to completion, such period of
thirty (30) days shall be extended for such additional period of time as may be reasonably necessary to cure same, but in no event shall
such extended period exceed sixty (60) additional 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Representations
and Warranties</B>. Any representation or warranty made or deemed made by or on behalf of Borrower in or in connection with this Agreement
or any other Loan Document or any amendment or modification hereof or thereof, or in any report, certificate, financial statement or other
document furnished by Borrower pursuant to or in connection with this Agreement or any other Loan Document or any amendment or modification
hereof or thereof, shall be incorrect or misleading in any material 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Cross-Default</B>.
<FONT STYLE="color: red; "><STRIKE>(i)</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
or any Subsidiary (A)&nbsp;fails to make any payment prior to the delinquency thereof (whether as a result of scheduled maturity, required
prepayment, acceleration, demand, or otherwise) (and all notice and grace periods have lapsed) in respect of any Indebtedness or Guarantee
(other than Indebtedness hereunder and Indebtedness under Swap Contracts) having an aggregate outstanding principal amount of more than
the Threshold Amount, or (B)&nbsp;fails to observe or perform, beyond any applicable notice and cure periods, any other material agreement
or condition relating to any such Indebtedness or Guarantee 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
Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary
or beneficiaries) to cause such Indebtedness to be demanded or to become due prior to its stated maturity or such Indebtedness to be
repurchased, prepaid, defeased or redeemed prior to its stated maturity, or such Guarantee to become payable or cash collateral in respect
thereof to be demanded, in each case, after all notice and grace periods have lapsed, other than due to the voluntary act of Borrower
or any Subsidiary not constituting a default under such Indebtedness (except for any default or other event which arises in connection
with the disposition of assets, or a change of control of or the sale of any equity interest in any Subsidiary, so long as such Indebtedness
or Guarantee is repaid in full substantially simultaneously with such disposition or change of control); <FONT STYLE="color: red"><STRIKE>and/</STRIKE></FONT>or
<FONT STYLE="color: red"><STRIKE>(ii)</STRIKE></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; color: blue"><U>(ii)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;there
occurs under any Swap Contract an Early Termination Date (as defined in such Swap Contract) resulting from (A)&nbsp;any event of default
under such Swap Contract as to which Borrower or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or (B)&nbsp;any
Termination Event (as so defined) under such Swap Contract as to which Borrower or any Subsidiary is the sole Affected Party (as so defined)
and all transactions covered by such Swap Contract are Affected Transactions (as so defined) and, in either event, the Swap Termination
Value owed by Borrower or such Subsidiary as a result thereof is greater than the Threshold Amount; provided that to the extent such Swap
Contract is governed by a master agreement, an Early Termination Date (as so defined) has been designated in respect of all transactions
under such master 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 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(iii)</U></FONT>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-underline-style: double; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&#8239;an
 &ldquo;<I>Event of Default</I>&rdquo; as defined in the BMO Loan Documents or the Senior Unsecured Notes shall occur and be continuing;
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">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Insolvency
Proceedings, Etc</B>. Borrower or any Subsidiary Guarantor 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 any receiver,
trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of Borrower
or such Subsidiary Guarantor and the appointment continues undischarged or unstayed for 60 calendar days; or any proceeding under any
Debtor Relief Law relating to Borrower or any such Subsidiary Guarantor or to all or any material part of Borrower&rsquo;s or such Subsidiary
Guarantor&rsquo;s property is instituted without the consent of Borrower or such Subsidiary Guarantor and continues undismissed or unstayed
for 60 calendar days, or an order for relief is entered in any such proceeding; 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">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Inability
to Pay Debts; Attachment</B>. (i)&nbsp;Borrower or any Subsidiary Guarantor becomes unable or admits in writing its inability or fails
generally to pay its debts as they become due, or (ii)&nbsp;any writ or warrant of attachment or execution or similar process is issued
or levied against all or any material part of the property of Borrower or any Subsidiary Guarantor and is not released, vacated or fully
bonded within 60 days after its issue or levy; 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Judgments</B>.
There is entered against Borrower or any Subsidiary Guarantor (i)&nbsp;a final judgment or order for the payment of money in an aggregate
amount exceeding $25,000,000 (to the extent not covered by independent third-party insurance as to which the insurer does not dispute
coverage), or (ii)&nbsp;any one or more non-monetary final judgments that have, or would reasonably be expected to have, individually
or in the aggregate, a Material Adverse Effect and, in either case, (A)&nbsp;enforcement proceedings are commenced by any creditor upon
such judgment or order, or (B)&nbsp;there is a period of thirty (30) consecutive days during which a stay of enforcement of such judgment,
by reason of a pending appeal or otherwise, is not in effect or during which such judgment is not discharged or vacated; 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>ERISA</B>.
(i)&nbsp;An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or would reasonably be expected
to result in liability of Borrower, any Subsidiary Guarantor or any ERISA Affiliate under Title IV of ERISA to the Pension Plan, Multiemployer
Plan or the PBGC in an aggregate amount in excess of $25,000,000, or (ii)&nbsp;Borrower, any Subsidiary Guarantor 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 <I>Section&nbsp;4201</I> of ERISA under a Multiemployer Plan in an aggregate amount in excess of $25,000,000; 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Invalidity
of Loan Documents</B>. Any Loan Document, at any time after its execution and delivery and for any reason other than in accordance with
the terms hereof or thereof, or satisfaction in full of all the Obligations, is revoked, terminated, canceled or rescinded, without the
prior written approval of Administrative Agent; or Borrower or any Subsidiary Guarantor commences any legal proceeding at law or in equity
to contest, or make unenforceable, cancel, revoke or rescind any of the Loan Documents; 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Change
of Control</B>. There occurs any Change of Control.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Remedies
Upon Event of Default</B>. If any Event of Default occurs and is continuing, Administrative Agent shall, at the request of, or may, with
the consent of, the Required Lenders, 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;declare
the commitment of each Lender to make Loans and any obligation of each L/C Issuer to make L/C Credit Extensions to be terminated, whereupon
such commitments and obligation 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;declare
the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable
hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of
any kind, all of which are hereby expressly waived by Borrower;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;require
that Borrower Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount thereof); 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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;exercise
on behalf of itself, the Lenders and the L/C Issuers all rights and remedies available to it, the Lenders and the L/C Issuers under the
Loan Documents or under applicable 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 0pt 0.5in; text-align: justify"><I>provided</I>, <I>however</I>, that
upon the occurrence of an actual or deemed entry of an order for relief with respect to Borrower or any Subsidiary Guarantor under the
Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C Issuers to make L/C Credit
Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid
shall automatically become due and payable, and the obligation of Borrower to Cash Collateralize the L/C Obligations as aforesaid shall
automatically become effective, in each case without further act of Administrative 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: 0.5in">8.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Application
of Funds</B>. After the exercise of remedies provided for in <B><I>Section&nbsp;8.02</I></B> (or after the Loans have automatically become
immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso
to <B><I>Section&nbsp;8.02</I></B>), any amounts received on account of the Obligations shall, subject to the provisions of <B><I>Sections
2.14</I></B> and <B><I>2.15</I></B>, be applied by Administrative Agent in the following 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: 0.5in"><I>First</I>, to payment of
that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees, charges and disbursements
of counsel to Administrative Agent and amounts payable under <B><I>Article&nbsp;III</I></B>) payable to Administrative Agent in its capacity
as such;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><I>Second</I>, to payment
of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit
Fees) payable to the Lenders and the L/C Issuers (including fees, charges and disbursements of counsel to the respective Lenders and the
L/C Issuers (including fees and time charges for attorneys who may be employees of any Lender or any L/C Issuer) and amounts payable under
<B><I>Article&nbsp;III</I></B>), ratably among them in proportion to the respective amounts described in this <B><I>clause Second</I></B>
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; text-align: justify; text-indent: 0.5in"><I>Third</I>, to payment
of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans, L/C Borrowings and
other Obligations, ratably among the Lenders and the L/C Issuers in proportion to the respective amounts described in this <B><I>clause
Third</I></B> 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; text-align: justify; text-indent: 0.5in"><I>Fourth</I>, to payment
of that portion of the Obligations constituting unpaid principal of the Loans and L/C Borrowings, ratably among the Lenders and the L/C
Issuers in proportion to the respective amounts described in this <B><I>clause Fourth</I></B> held by 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; text-align: justify; text-indent: 0.5in"><I>Fifth</I>, to Administrative
Agent for the account of the L/C Issuers, to Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount
of Letters of Credit to the extent not otherwise Cash Collateralized by Borrower pursuant to <B><I>Sections 2.03</I></B> and <B><I>2.14</I></B>;
and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><I>Last</I>, the balance,
if any, after all of the Obligations have been indefeasibly paid in full, to Borrower 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: justify; text-indent: 0.5in">Subject to <B><I>Sections
2.03(c)</I></B>&nbsp;and <B><I>2.14</I></B>, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant
to <B><I>clause Fifth</I></B> above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains
on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied
to the other Obligations, if any, in the order set forth above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">IX.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-transform: uppercase"><B>ADMINISTRATIVE
AGENT</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Appointment
and Authority</B>. Each of the Lenders and the L/C Issuers hereby irrevocably appoints Bank of America to act on its behalf as Administrative
Agent hereunder and under the other Loan Documents and authorizes Administrative Agent to take such actions on its behalf and to exercise
such powers as are delegated to Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably
incidental thereto. The provisions of this <B><I>Article</I></B>&nbsp;are solely for the benefit of Administrative Agent, the Lenders
and the L/C Issuers, and Borrower shall not have rights as a third-party beneficiary of any of such provisions.</P>

<P STYLE="font: 10pt Times New Roman, 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">9.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Rights
as a Lender</B>. The Person serving as Administrative 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 Administrative Agent and the term &ldquo;<B><I>Lender</I></B>&rdquo;
or &ldquo;<B><I>Lenders</I></B>&rdquo; shall, unless otherwise expressly indicated or unless the context otherwise requires, include
the Person serving as Administrative 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 Borrower
or any Subsidiary or other Affiliate thereof as if such Person were not Administrative 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: 0.5in">9.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Exculpatory
Provisions</B>. Administrative 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, Administrative Agent:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;shall
not be subject to any fiduciary or other implied duties, regardless of whether a 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"></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;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 Administrative Agent is required to exercise as directed in writing by the Required
Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents),
provided that Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose
Administrative Agent to liability or that is contrary to any Loan Document or applicable 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Borrower or any of its Subsidiaries or Affiliates that is communicated to or obtained
by the Person serving as Administrative 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; text-indent: 0.5in">Administrative 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 Required Lenders (or such other
number or percentage of the Lenders as shall be necessary, or as Administrative Agent shall believe in good faith shall be necessary,
under the circumstances as provided in <B><I>Sections 10.01</I></B> and <B><I>8.02</I></B>) or (ii)&nbsp;in the absence of its own gross
negligence or willful misconduct. Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice describing
such Default is given to Administrative Agent by Borrower, a Lender or an L/C Issuer.</P>

<P STYLE="font: 10pt Times New Roman, 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">Administrative Agent shall
not be responsible for or have any duty to ascertain or inquire into (i)&nbsp;any statement, warranty or representation made in or in
connection with 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, (iv)&nbsp;the validity, enforceability, effectiveness
or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or (v)&nbsp;the satisfaction
of any condition set forth in <B><I>Article&nbsp;IV</I></B> or elsewhere herein, other than to confirm receipt of items expressly required
to be delivered to Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.04&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Reliance
by Administrative Agent</B>. Administrative 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 any electronic message,&nbsp;Internet
or intranet website posting or other distribution) reasonably believed by it to be genuine and to have been signed, sent or otherwise
authenticated by the proper Person. Administrative Agent also may rely upon any statement made to it orally or by telephone and reasonably
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, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the
satisfaction of a Lender or an L/C Issuer, Administrative Agent may presume that such condition is satisfactory to such Lender or such
L/C Issuer unless Administrative Agent shall have received notice to the contrary from such Lender or such L/C Issuer prior to the making
of such Loan or the issuance of such Letter of Credit. Administrative Agent may consult with legal counsel (who may be counsel for Borrower),
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"></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">9.05&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Delegation
of Duties</B>. Administrative 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 Administrative Agent. Administrative 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 <B><I>Article</I></B>&nbsp;shall apply to any such sub agent and to the Related Parties of Administrative Agent and
any such sub agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided
for herein as well as activities as Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, 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">9.06&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Resignation
of Administrative Agent</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Administrative
Agent may at any time give notice of its resignation to the Lenders, the L/C Issuers and Borrower. Administrative Agent will endeavor
to give Borrower advance notice of its intention to resign. Upon receipt of any such notice of resignation, the Required Lenders shall
have the right, in consultation with 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 thirty (30) days after the retiring Administrative Agent gives notice of its resignation,
then the retiring Administrative Agent may on behalf of the Lenders and the L/C Issuers, appoint a successor Administrative Agent meeting
the qualifications set forth above; provided that if Administrative Agent shall notify 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 Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents and (2)&nbsp;all
payments, communications and determinations provided to be made by, to or through Administrative Agent shall instead be made by or to
each Lender and each L/C Issuer directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided
for above in this <B><I>Section</I></B>. Upon the acceptance of a successor&rsquo;s appointment as Administrative Agent hereunder, such
successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Administrative
Agent, and the retiring Administrative 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 <B><I>Section</I></B>). The fees payable by Borrower to a successor
Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between Borrower and such successor.
After the retiring or removed Administrative Agent&rsquo;s resignation or removal hereunder and under the other Loan Documents, the provisions
of this <B><I>Article</I></B>&nbsp;and <B><I>Section&nbsp;10.04</I></B> shall continue in effect for the benefit of such retiring or removed
Administrative Agent, its sub agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any
of them (i)&nbsp;while the retiring or removed Administrative Agent was acting as Administrative Agent and (ii)&nbsp;after such resignation
or removal for as long as any of them continues to act in any capacity hereunder or under the other Loan Documents, including (a)&nbsp;acting
as collateral agent or otherwise holding any collateral security on behalf of any of the Lenders and (b)&nbsp;in respect of any actions
taken in connection with transferring the agency to any successor Administrative Agent.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
resignation by Bank of America as Administrative Agent pursuant to this <B><I>Section</I></B>&nbsp;shall also constitute its resignation
as an L/C Issuer. Upon the acceptance of a successor&rsquo;s appointment as Administrative Agent hereunder, (a)&nbsp;such successor shall
succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer, (b)&nbsp;the retiring L/C
Issuer shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (c)&nbsp;the
successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such
succession or make other arrangements satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C
Issuer with respect to such Letters of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">9.07&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Non-Reliance
on Administrative Agent and Other Lenders</B>. Each Lender and each L/C Issuer acknowledges that it has, independently and without reliance
upon Administrative 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 and each L/C Issuer also acknowledges
that it will, independently and without reliance upon Administrative 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.</P>

<P STYLE="font: 10pt Times New Roman, 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">9.08&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>No
Other Duties, Etc</B>. Anything herein to the contrary notwithstanding, none of the Bookrunner(s), Arranger(s), Documentation Agent(s),
Syndication Agent(s)&nbsp;or other titles as necessary listed on the cover page&nbsp;hereof shall have any powers, duties or responsibilities
under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as Administrative Agent, a Lender or
an L/C Issuer 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: 0.5in">9.09&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Administrative
Agent May&nbsp;File Proofs of Claim</B>. In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial
proceeding relative to Borrower or any Subsidiary Guarantor, Administrative Agent (irrespective of whether the principal of any Loan
or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether Administrative
Agent shall have made any demand on Borrower) 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations 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, L/C Issuers and Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements
and advances of the Lenders, L/C Issuers and Administrative Agent and their respective agents and counsel and all other amounts due the
Lenders, the L/C Issuers and Administrative Agent under <B><I>Sections 2.03(i)</I></B>&nbsp;and <B><I>(j)</I></B>, <B><I>2.08</I></B>
and <B><I>10.04</I></B>) 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 0pt 0.5in; 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 and each
L/C Issuer to make such payments to Administrative Agent and, in the event that Administrative Agent shall consent to the making of such
payments directly to the Lenders and the L/C Issuers to pay to Administrative Agent any amount due for the reasonable compensation, expenses,
disbursements and advances of Administrative Agent and its agents and counsel, and any other amounts due Administrative Agent under <B><I>Sections
2.08</I></B> and <B><I>10.04</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Nothing contained herein shall
be deemed to authorize Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or any L/C Issuer any
plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or any L/C Issuer
or to authorize Administrative Agent to vote in respect of the claim of any Lender or any L/C Issuer 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"></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">9.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Release
of Subsidiary Guarantors</B>. The Lenders irrevocably authorize Administrative Agent to release any Subsidiary Guarantor to the extent
such release is requested by Borrower in accordance the provisions set forth in <B><I>Section&nbsp;6.12(c)</I></B>&nbsp;and upon the
satisfaction of the conditions set forth in such <B><I>Section&nbsp;6.12(c)</I></B>&nbsp;(as reasonably determined by Administrative
Agent). Upon request by Administrative Agent at any time, the Lenders will confirm in writing Administrative Agent&rsquo;s authority
to grant releases pursuant to this <B><I>Section&nbsp;9.10</I></B>. Further, Administrative Agent is hereby authorized by the Lenders,
upon the request of Borrower, to execute and deliver to Borrower a document (in form and substance acceptable to Administrative Agent)
evidencing such release.</P>

<P STYLE="font: 10pt Times New Roman, 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">9.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>ERISA
Representations</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Lender (x)&nbsp;represents and warrants, as of the date such Person became a Lender party hereto, to, and (y)&nbsp;covenants, from the
date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, Administrative
Agent, the Arrangers and their respective Affiliates, and for the benefit of Borrower or any other Loan Party, that at least one of the
following is and will be true:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
Lender is not using Plan Assets of one or more Benefit Plans in connection with the Loans, the Letters of Credit or 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 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent
qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts),
PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption
for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined
by in-house asset managers), is applicable with respect to such Lender&rsquo;s entrance into, participation in, administration of and
performance of the Loans, the Letters of Credit, the Commitments and this Agreement;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;such
Lender is an investment fund managed by a &ldquo;<I>Qualified Professional Asset Manager</I>&rdquo; (within the meaning of <I>Part&nbsp;VI</I>
of PTE 84-14), (B)&nbsp;such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into,
participate in, administer and perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C)&nbsp;the entrance into,
participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies
the requirements of <I>subsections (b)</I>&nbsp;through <I>(g)</I>&nbsp;of <I>Part&nbsp;I</I> of PTE 84-14 and (D)&nbsp;to the best knowledge
of such Lender, the requirements of <I>subsection (a)</I>&nbsp;of <I>Part&nbsp;I</I> of PTE 84-14 are satisfied with respect to such Lender&rsquo;s
entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement;
or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
other representation, warranty and covenant as may be agreed in writing between Administrative Agent, in its sole discretion, and such
Lender to assure that the Loans, the Letters of Credit and the Commitments will not constitute a non-exempt prohibited transaction under
ERISA or 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
addition, unless <B><I>subclause (i)</I></B>&nbsp;in the immediately preceding <B><I>clause (a)</I></B>&nbsp;is true with respect to a
Lender or such Lender has not provided another representation, warranty and covenant as provided in <B><I>subclause (iv)</I></B>&nbsp;in
the immediately preceding <B><I>clause (a)</I></B>, such Lender further (x)&nbsp;represents and warrants, as of the date such Person became
a Lender party hereto, to, and (y)&nbsp;covenants, from the date such Person became a Lender party hereto to the date such Person ceases
being a Lender party hereto, for the benefit of, Administrative Agent, the Arrangers and their respective Affiliates, and not, for the
avoidance of doubt, to or for the benefit of the Loan Parties, that none of Administrative Agent, the Arrangers or any of their respective
Affiliates is a fiduciary with respect to the assets of such Lender (including in connection with the reservation or exercise of any rights
by Administrative Agent under this Agreement, any Loan Document or any documents related to hereto or thereto).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Recovery
of Erroneous Payments</B>. Without limitation of any other provision in this Agreement, if at any time Administrative Agent makes a payment
hereunder in error to any Lender or any L/C Issuer (the &ldquo;<B><I>Credit Party</I></B>&rdquo;), whether or not in respect of an Obligation
due and owing by Borrower at such time, where such payment is a Rescindable Amount, then in any such event, each Credit Party receiving
a Rescindable Amount severally agrees to repay to Administrative Agent forthwith on demand the Rescindable Amount received by such Credit
Party in immediately available funds in the currency so received, with interest thereon, for each day from and including the date such
Rescindable Amount is received by it to but excluding the date of payment to Administrative Agent, at the greater of the Federal Funds
Rate and a rate determined by Administrative Agent in accordance with banking industry rules&nbsp;on interbank compensation. Each Credit
Party irrevocably waives any and all defenses, including any &ldquo;discharge for value&rdquo; (under which a creditor might otherwise
claim a right to retain funds mistakenly paid by a third party in respect of a debt owed by another) or similar defense to its obligation
to return any Rescindable Amount. Administrative Agent shall inform each Credit Party promptly upon determining that any payment made
to such Credit Party comprised, in whole or in part, a Rescindable Amount.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">X.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="text-transform: uppercase"><B>MISCELLANEOUS</B></FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.01&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Amendments,
Etc</B>. No amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by Borrower
therefrom, shall be effective unless in writing signed by the Required Lenders and Borrower and acknowledged by Administrative Agent,
and each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided,
however, 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;waive
any condition set forth in <B><I>Section&nbsp;4.01(a)</I></B>&nbsp;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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;extend
or increase the Commitment of any Lender (or reinstate any Commitment terminated pursuant to <B><I>Section&nbsp;8.02</I></B>) 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;postpone
any date fixed by this Agreement or any other Loan Document for any payment or mandatory prepayment of principal, interest, fees or other
amounts due to the Lenders (or any of them) hereunder or under any other Loan Document or amend the definition of &ldquo;<I>Maturity Date</I>&rdquo;
without the written consent of each Lender directly affected thereby;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;reduce
the principal of, or the rate of interest specified herein on, any Loan or L/C Borrowing, or any fees or other amounts payable hereunder
or under any other Loan Document without the written consent of each Lender directly affected thereby; <I>provided</I>, <I>however</I>,
that only the consent of the Required Lenders shall be necessary (i)&nbsp;to amend the definition of &ldquo;<I>Default Rate</I>&rdquo;,
(ii)&nbsp;to waive any obligation of Borrower to pay interest or Letter of Credit Fees at the Default Rate or (iii)&nbsp;to amend any
financial covenant hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest
on any Loan or L/C Borrowing or to reduce any fee payable hereunder;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;change
<B><I>Section&nbsp;2.12</I></B> or <B><I>Section&nbsp;8.03</I></B> in a manner that would alter the <I>pro rata</I> sharing of payments
required thereby 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;change
any provision of this <B><I>Section</I></B>&nbsp;or the definition of &ldquo;<I>Required Lenders</I>&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; 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">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;contractually
subordinate in right of payment the Obligations hereunder to any other Indebtedness or other obligation;</P>

<P STYLE="font: 10pt Times New 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">and, <I>provided further</I>, that (i)&nbsp;no
amendment, waiver or consent shall, unless in writing and signed by the applicable L/C Issuer in addition to the Lenders required above,
affect the rights or duties of such L/C Issuer under this Agreement or any Issuer Document relating to any Letter of Credit issued or
to be issued by it; and (ii)&nbsp;no amendment, waiver or consent shall, unless in writing and signed by Administrative Agent in addition
to the Lenders required above, affect the rights or duties of Administrative Agent under this Agreement or any other Loan Document. 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 more adversely than 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: 0.5in">Notwithstanding any provision
herein to the contrary<FONT STYLE="color: red; "><STRIKE>, but subject to <B><I>Section&nbsp;2.13</I></B></STRIKE></FONT>,
this Agreement may be amended with the written consent of the Required Lenders, Administrative Agent and Borrower (i)&nbsp;to add one
or more additional revolving credit or term loan facilities to this Agreement, which shall constitute separate tranches of &ldquo;<I>Commitments</I>&rdquo;
and &ldquo;<I>Loans</I>&rdquo; hereunder, and to permit the extensions of credit and all related obligations and liabilities arising in
connection therewith from time to time outstanding to share ratably (or on a basis subordinated to the existing facilities hereunder)
in the benefits of this Agreement and the other Loan Documents with the obligations and liabilities from time to time outstanding in respect
of the existing facilities hereunder, and (ii)&nbsp;in connection with the foregoing, to permit, as deemed appropriate by Administrative
Agent and approved by the Required Lenders, the Lenders providing such additional credit facilities to participate in any required vote
or action required to be approved by the Required Lenders or by any other number, percentage or class of Lenders hereunder.</P>

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.02&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Notices;
Effectiveness; Electronic Communication</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Notices
Generally</B>. Except in the case of notices and other communications expressly permitted to be given by telephone (and except as provided
in <B><I>subsection (b)</I></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 facsimile as follows, and all notices
and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
to Borrower, Administrative Agent or any L/C Issuer, to the address, facsimile number, electronic mail address or telephone number specified
for such Person on <B><I>Schedule 10.02</I></B>; 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">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
to any other Lender, to the address, facsimile number, electronic mail address or telephone number specified in its Administrative Questionnaire
(including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in
effect for the delivery of notices that may contain material non-public information relating to Borrower).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">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 <B><I>subsection
(b)</I></B>&nbsp;below, shall be effective as provided in such <B><I>subsection (b)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Electronic
Communications</B>. Notices and other communications to the Lenders and the L/C Issuers hereunder may be delivered or furnished by electronic
communication (including e mail, FpML messaging, and Internet or intranet websites) pursuant to procedures approved by Administrative
Agent, provided that the foregoing shall not apply to notices to any Lender or any L/C Issuer pursuant to <B><I>Article&nbsp;II</I></B>
if such Lender or such L/C Issuer, as applicable, has notified Administrative Agent that it is incapable of receiving notices under such
<B><I>Article</I></B>&nbsp;by electronic communication. Administrative Agent, each L/C Issuer or Borrower may each, in its discretion,
agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided
that approval of such procedures may be limited to particular notices or communications.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">Unless Administrative
Agent otherwise prescribes, (i)&nbsp;notices and other communications sent to an e-mail address shall be deemed received upon the sender&rsquo;s
receipt of an acknowledgement from the intended recipient (such as by the &ldquo;return receipt requested&rdquo; function, as available,
return e-mail or other written acknowledgement), and (ii)&nbsp;notices or communications posted to an Internet or intranet website shall
be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing <B><I>clause
(i)</I></B>&nbsp;of notification that such notice or communication is available and identifying the website address therefor; <I>provided</I>
that for both <B><I>clauses (i)</I></B>&nbsp;and <B><I>(ii)</I></B>&nbsp;inclusive, is 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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;&#8239;The
Platform. THE PLATFORM&nbsp;IS PROVIDED &ldquo;<I>AS IS</I>&rdquo; AND &ldquo;<I>AS AVAILABLE.</I>&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 ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall Administrative
Agent or any of its Related Parties (collectively, the &ldquo;<B><I>Agent Parties</I></B>&rdquo;) have any liability to Borrower, any
Lender, any L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract
or otherwise) arising out of Borrower&rsquo;s or Administrative Agent&rsquo;s transmission of Borrower Materials or notices through the
Platform, any other electronic platform or electronic messaging service, or through the Internet, except to the extent that such losses,
claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and nonappealable judgment to
have resulted from the gross negligence or willful misconduct of such Agent Party; provided, however, that in no event shall any Agent
Party have any liability to Borrower, any Lender, any L/C Issuer or any other Person for indirect, special, incidental, consequential
or punitive damages (as opposed to direct or actual damages).</P>

<P STYLE="font: 10pt Times New 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;<B>Change
of Address, Etc.</B> Each of Borrower, Administrative Agent and each L/C Issuer may change its address, facsimile, or telephone number
for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, facsimile,
or telephone number for notices and other communications hereunder by notice to Borrower, Administrative Agent and each L/C Issuer. In
addition, each Lender agrees to notify Administrative Agent from time to time to ensure that Administrative Agent has on record (i)&nbsp;an
effective address, contact name, telephone number, facsimile 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 Borrower or its securities for purposes of United States Federal or 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Reliance
by Administrative Agent, L/C Issuers and Lenders</B>. Administrative Agent, the L/C Issuers and the Lenders shall be entitled to rely
and act upon any notices (including telephonic notices, Loan Notices and Letter of Credit Applications Notices) purportedly given by or
on behalf of Borrower 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. Borrower shall indemnify Administrative Agent, each L/C Issuer, 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 Borrower. All telephonic notices to and other telephonic communications with Administrative Agent may be recorded by Administrative
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"></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">10.03&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>No
Waiver; Cumulative Remedies; Enforcement</B>. No failure by any Lender, any L/C Issuer or Administrative Agent 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 preclude any other or further exercise thereof or
the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are
cumulative and not exclusive of any rights, remedies, powers and privileges provided 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: 0.5in">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, Administrative Agent in accordance with <B><I>Section&nbsp;8.02</I></B>
for the benefit of all the Lenders and the L/C Issuers; provided, however, that the foregoing shall not prohibit (a)&nbsp;Administrative
Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent)
hereunder and under the other Loan Documents, (b)&nbsp;any L/C Issuer from exercising the rights and remedies that inure to its benefit
(solely in its capacity as an L/C Issuer) hereunder and under the other Loan Documents, (c)&nbsp;any Lender from exercising setoff rights
in accordance with <B><I>Section&nbsp;10.08</I></B> (subject to the terms of <B><I>Section&nbsp;2.12</I></B>), or (d)&nbsp;any Lender
from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to Borrower
or any Subsidiary Guarantor under any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as Administrative
Agent hereunder and under the other Loan Documents, then (i)&nbsp;the Required Lenders shall have the rights otherwise ascribed to Administrative
Agent pursuant to <B><I>Section&nbsp;8.02</I></B> and (ii)&nbsp;in addition to the matters set forth in <B><I>clauses (b)</I></B>, <B><I>(c)</I></B>&nbsp;and
<B><I>(d)</I></B>&nbsp;of the preceding proviso and subject to <B><I>Section&nbsp;2.12</I></B>, 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: 0.5in">10.04&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Costs
and Expenses</B>. Borrower shall pay (i)&nbsp;all reasonable out-of-pocket expenses incurred by Administrative Agent and its Affiliates
(including the reasonable fees, charges and disbursements of counsel for Administrative Agent), in connection with the syndication of
the credit facilities provided for herein (without duplication of any expenses paid by Borrower pursuant to the Fee Letters relating to
syndication of the credit facilities), the preparation, negotiation, execution, delivery and administration of this Agreement and the
other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions
contemplated hereby or thereby shall be consummated), (ii)&nbsp;all reasonable out-of-pocket expenses incurred by any L/C Issuer in connection
with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii)&nbsp;all out-of-pocket
expenses incurred by Administrative Agent, any Lender or any L/C Issuer (including the fees, charges and disbursements of any counsel
for Administrative Agent, any Lender or any L/C Issuer), in connection with the enforcement or protection of its rights (A)&nbsp;in connection
with this Agreement and the other Loan Documents, including its rights under this <B><I>Section</I></B>, or (B)&nbsp;in connection with
the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring
or negotiations in respect of such Loans or Letters of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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;<B>Indemnification
by Borrower</B>. Borrower shall indemnify Administrative Agent (and any sub-agent thereof), each Lender and each L/C Issuer, and each
Related Party of any of the foregoing Persons (each such Person being called an &ldquo;<B><I>Indemnitee</I></B>&rdquo;) against, and hold
each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses (including the reasonable fees, charges
and disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from all reasonable fees and
time charges and disbursements for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted against any
Indemnitee by any third party or by Borrower arising out of, in connection with, or as a result of (i)&nbsp;the execution or delivery
of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties
hereto of their respective obligations hereunder or thereunder, the consummation of the transactions contemplated hereby or thereby, or,
in the case of Administrative Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement and
the other Loan Documents (including in respect of any matters addressed in <B><I>Section&nbsp;3.01</I></B>), (ii)&nbsp;any Loan or Letter
of Credit or the use or proposed use of the proceeds therefrom (including any refusal by any L/C Issuer to honor a demand for payment
under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter
of Credit), (iii)&nbsp;any Environmental Claims or any Environmental Liability related in any way to Borrower 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 Borrower or any of its Subsidiaries, 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; <I>provided</I> that such indemnity shall not, as to any Indemnitee, be available to the extent
that such losses, claims, damages, liabilities or related expenses (x)&nbsp;are determined by a court of competent jurisdiction by final
and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee or (y)&nbsp;result from
a claim brought by Borrower against an Indemnitee for breach in bad faith of such Indemnitee&rsquo;s obligations hereunder or under any
other Loan Document, if Borrower has obtained a final and nonappealable judgment in its favor on such claim as determined by 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Reimbursement
by Lenders</B>. To the extent that Borrower for any reason fails to indefeasibly pay any amount required under <B><I>subsection (a)</I></B>&nbsp;or
<B><I>(b)</I></B>&nbsp;of this <B><I>Section</I></B>&nbsp;to be paid by it to Administrative Agent (or any sub-agent thereof), any L/C
Issuer or any Related Party of any of the foregoing, each Lender severally agrees to pay to Administrative Agent (or any such sub-agent),
each L/C Issuer or such Related Party, as the case may be, such Lender&rsquo;s Applicable Percentage (determined as of the time that the
applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided that the unreimbursed expense or indemnified
loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against Administrative Agent (or any
such sub-agent) or an L/C Issuer in its capacity as such, or against any Related Party of any of the foregoing acting for Administrative
Agent (or any such sub-agent) or an L/C Issuer in connection with such capacity. The obligations of the Lenders under this <B><I>subsection
(c)</I></B>&nbsp;are subject to the provisions of <B><I>Section&nbsp;2.11(d)</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Waiver
of Consequential Damages, Etc</B>. To the fullest extent permitted by applicable Law, Borrower shall not assert, and hereby waives, 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 or any agreement or
instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds
thereof. No Indemnitee referred to in <B><I>subsection (b)</I></B>&nbsp;above 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"></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">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Payments</B>.
All amounts due under this <B><I>Section</I></B>&nbsp;shall be payable not later than ten Business Days after written demand therefor.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Survival</B>.
The agreements in this <B><I>Section</I></B>&nbsp;shall survive the resignation of Administrative Agent or any L/C Issuer, the replacement
of any Lender, the termination of the Aggregate 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: 0.5in">10.05&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Payments
Set Aside</B>. To the extent that any payment by or on behalf of Borrower is made to Administrative Agent, any L/C Issuer or any
Lender, or Administrative Agent, any L/C Issuer or any Lender 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 Administrative Agent, such L/C Issuer or such Lender 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
and each L/C Issuer severally agrees to pay to Administrative Agent upon demand its applicable share (without duplication) of any
amount so recovered from or repaid by Administrative Agent, plus interest thereon from the date of such demand to the date such
payment is made at a rate <I>per annum</I> equal to the Federal Funds Rate from time to time in effect. The obligations of the
Lenders and the L/C Issuers under <B><I>clause (b)</I></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: 0.5in">10.06&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Successors
and Assigns Generally</B>. 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 Borrower may not assign or otherwise transfer any of its rights or obligations
hereunder without the prior written consent of Administrative Agent and each Lender and no Lender may assign or otherwise transfer any
of its rights or obligations hereunder except (i)&nbsp;to an assignee in accordance with the provisions of <B><I>subsection (b)</I></B>&nbsp;of
this <B><I>Section</I></B>, (ii)&nbsp;by way of participation in accordance with the provisions of <B><I>subsection (d)</I></B>&nbsp;of
this <B><I>Section</I></B>, or (iii)&nbsp;by way of pledge or assignment of a security interest subject to the restrictions of <B><I>subsection
(f)</I></B>&nbsp;of this <B><I>Section</I></B>&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 <B><I>subsection (d)</I></B>&nbsp;of
this <B><I>Section</I></B>&nbsp;and, to the extent expressly provided herein, the Related Parties of each of Administrative Agent, the
L/C Issuers and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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;<B>Assignments
by Lenders</B>. Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement
(including all or a portion of its Commitment and the Loans (including for purposes of this <B><I>subsection (b)</I></B>, participations
in L/C Obligations) at the time owing to it); <I>provided</I> 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 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Minimum
Amounts</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 1.5in; text-align: justify; text-indent: 0.5in">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
any case not described in <B><I>subsection (b)(i)(A)</I></B>&nbsp;of this <B><I>Section</I></B>, the aggregate amount of the Commitment
(which for this purpose includes Loans outstanding thereunder) 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 Administrative Agent or, if &ldquo;<I>Trade Date</I>&rdquo; is specified in the Assignment
and Assumption, as of the Trade Date, shall not be less than $5,000,000 (and in integral multiples of $1,000,000 in excess thereof) unless
each of Administrative Agent and, so long as no Event of Default has occurred and is continuing, Borrower otherwise consents (each such
consent not to be unreasonably withheld or delayed); <I>provided</I>, <I>however</I>, 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 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Proportionate
Amounts</B>. Each assignment shall be of an equal proportionate share of the assigning Lender&rsquo;s rights and obligations under 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 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Required
Consents</B>. No consent shall be required for any assignment, except to the extent required by <B><I>subsection (b)(i)(B)</I></B>&nbsp;of
this <B><I>Section</I></B>&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 1.5in; text-align: justify; text-indent: 0.5in">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
consent of Borrower (such consent not to be unreasonably withheld) shall be required unless (1)&nbsp;an 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; <I>provided</I>, that Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written
notice to Administrative Agent within five Business Days after having received notice thereof;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
consent of Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required 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; and</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: 0.5in">(C)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
consent of the applicable L/C Issuer (such consent not to be unreasonably withheld or delayed) shall be required for any assignment that
increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Assignment
and Assumption</B>. The parties to each assignment shall execute and deliver to Administrative Agent an Assignment and Assumption, together
with a processing and recordation fee in the amount of $3,500; <I>provided</I>, <I>however</I>, that Administrative Agent may, in its
sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender,
shall deliver to Administrative 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"></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">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>No
Assignment to Certain Persons</B>. No such assignment shall be made (A)&nbsp;to Borrower or any of Borrower&rsquo;s Affiliates or Subsidiaries,
or (B)&nbsp;to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute
any of the foregoing Persons described in this <B><I>clause (B)</I></B>, (C)&nbsp;to a natural person, or (D)&nbsp;to a competitor of
Borrower or any of its Subsidiaries listed on <B><I>Schedule 10.06(b)(v)</I></B>&nbsp;attached hereto, as such schedule may be updated
from time to time by written notice to, and subject to the written approval of, Administrative Agent and provided to the Lenders prior
to the effective date on which an assigning Lender has entered into a binding agreement for such 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 0pt 1in; text-align: justify; text-indent: 0.5in">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Certain
Additional Payments</B>. 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 Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which
may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding,
with the consent of Borrower and Administrative Agent, the applicable <I>pro rata</I> 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 Administrative Agent or any Lender hereunder (and interest accrued
thereon) and (y)&nbsp;acquire (and fund as appropriate) its full <I>pro rata</I> share of all Loans and participations in Letters of Credit
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 <B><I>paragraph</I></B>,
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 0pt 0.5in; text-align: justify; text-indent: 0.5in">Subject to acceptance
and recording thereof by Administrative Agent pursuant to <B><I>subsection (c)</I></B>&nbsp;of this <B><I>Section</I></B>, from and after
the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the
extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and
the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its
obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender&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 <B><I>Sections 3.01</I></B>, <B><I>3.04</I></B>, <B><I>3.05</I></B>, and <B><I>10.04</I></B> with respect to facts and circumstances
occurring prior to the effective date of such assignment. Upon request, 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
<B><I>subsection</I></B> 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 <B><I>subsection (d)</I></B>&nbsp;of this <B><I>Section</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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;<B>Register</B>.
Administrative Agent, acting solely for this purpose as a non-fiduciary agent of Borrower (and such agency being solely for tax purposes),
shall maintain at Administrative Agent&rsquo;s Office a copy of each Assignment and Assumption delivered to it and a register for the
recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans
and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the &ldquo;<B><I>Register</I></B>&rdquo;). The
entries in the Register shall be conclusive, and Borrower, Administrative Agent and the Lenders may 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.
In addition, Administrative Agent shall maintain on the Register information regarding the designation, and revocation of designation,
of any Lender as a Defaulting Lender. The Register shall be available for inspection by 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Participations</B>.
Any Lender may at any time, without the consent of, or notice to, Borrower or Administrative Agent, sell participations to any Person
(other than a natural person, a Defaulting Lender or Borrower or any of Borrower&rsquo;s Affiliates or Subsidiaries) (each, a &ldquo;<B><I>Participant</I></B>&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/or the Loans (including such Lender&rsquo;s participations in L/C Obligations) owing to it); <I>provided</I> 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;Borrower, Administrative Agent, the Lenders and the L/C Issuers shall continue
to deal solely and directly with such Lender in connection with such Lender&rsquo;s rights and obligations under this Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">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; provided 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 the lettered items of the first proviso to <B><I>Section&nbsp;10.01</I></B> that affects such Participant. Subject to <B><I>subsection
(e)</I></B>&nbsp;of this <B><I>Section</I></B>, Borrower agrees that each Participant shall be entitled to the benefits of <B><I>Sections
3.01 </I></B>(subject to the requirements and limitations therein, including the requirements under <B><I>Section&nbsp;3.01(f)</I></B>),
<B><I>3.04</I></B> and <B><I>3.05</I></B> to the same extent as if it were a Lender and had acquired its interest by assignment pursuant
to <B><I>subsection (b)</I></B>&nbsp;of this <B><I>Section</I></B>. To the extent permitted by law, each Participant also shall be entitled
to the benefits of <B><I>Section&nbsp;10.08</I></B> as though it were a Lender, provided such Participant agrees to be subject to <B><I>Section&nbsp;2.12</I></B>
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 0pt 0.5in; text-align: justify; text-indent: 0.5in">Each Lender that
sells a participation shall, acting solely for this purpose as a non-fiduciary agent of 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;<B><I>Participant Register</I></B>&rdquo;); provided that no Lender shall have
any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information
relating to a Participant&rsquo;s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document)
to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other
obligation is in registered form under <I>Section&nbsp;5f.103-1(c)</I>&nbsp;of the United States Treasury Regulations. The entries in
the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in
the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary.
For the avoidance of doubt, Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining
a Participant Register.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Limitations
upon Participant Rights</B>. A Participant shall not be entitled to receive any greater payment under <B><I>Section&nbsp;3.01</I></B>
or <B><I>3.04</I></B> than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant.
A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of <B><I>Section&nbsp;3.01</I></B>
unless Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of Borrower, to
comply with <B><I>Section&nbsp;3.01(e)</I></B>&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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Certain
Pledges</B>. 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; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute
any such pledgee or assignee for such Lender as a party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Resignation
as L/C Issuer after Assignment</B>. Notwithstanding anything to the contrary contained herein, if at any time any L/C Issuer assigns all
of its Commitment and Loans pursuant to <B><I>subsection (b)</I></B>&nbsp;above, such L/C Issuer may, upon thirty (30) days&rsquo; notice
to Borrower and the Lenders, resign as an L/C Issuer. In the event of any such resignation as an L/C Issuer, Borrower shall be entitled
to appoint from among the Lenders a successor L/C Issuer hereunder; <I>provided</I>, <I>however</I>, that no failure by Borrower to appoint
any such successor shall affect the resignation of such L/C Issuer as an L/C Issuer. If any L/C Issuer resigns as an L/C Issuer, it shall
retain all the rights, powers, privileges and duties of an L/C Issuer hereunder with respect to all Letters of Credit outstanding as of
the effective date of its resignation as an L/C Issuer and all L/C Obligations with respect thereto (including the right to require the
Lenders to make Daily SOFR Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to <B><I>Section&nbsp;2.03(f)</I></B>).
Upon the appointment of a successor L/C Issuer, (a)&nbsp;such successor shall succeed to and become vested with all of the rights, powers,
privileges and duties of the retiring L/C Issuer and (b)&nbsp;the successor L/C Issuer shall issue letters of credit in substitution for
the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to such L/C Issuer to
effectively assume the obligations of such L/C Issuer with respect to such Letters of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.07&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Treatment
of Certain Information; Confidentiality</B>. Each of Administrative Agent, the Lenders and the L/C Issuers 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 and its Affiliates&rsquo; respective partners, directors, officers, employees, agents, trustees, advisors and representatives
SOLELY IN CONNECTION WITH THIS Agreement and the Loan Documents (it being understood that the Persons to whom such disclosure is
made will be informed of the confidential nature of such Information and instructed to keep such Information confidential),
(b)&nbsp;to the extent requested by any regulatory authority purporting to have jurisdiction over it (including any self-regulatory
authority, such as the National Association of Insurance Commissioners), (c)&nbsp;to the extent required by applicable Laws or
regulations or by any subpoena or similar legal process, (d)&nbsp;to any other party 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 <B><I>Section</I></B>, to (i)&nbsp;any assignee of or Participant in, or any prospective
assignee of or Participant in, any of its rights or obligations under this Agreement <FONT STYLE="color: red"><STRIKE>or any
Eligible Assignee invited to be a Lender pursuant to <B><I>Section&nbsp;2.13(c)</I></B></STRIKE></FONT>&nbsp;or (ii)&nbsp;any actual
or prospective counterparty (or its advisors) to any swap or derivative transaction relating to Borrower and its obligations,
(g)&nbsp;with the consent of Borrower or (h)&nbsp;to the extent such Information (x)&nbsp;becomes publicly available other than as a
result of a breach of this <B><I>Section</I></B>&nbsp;or (y)&nbsp;becomes available to Administrative Agent, any Lender, any L/C
Issuer or any of their respective Affiliates on a nonconfidential basis from a source other than Borrower. For purposes of this <B><I>Section</I></B>,
 &ldquo;<B><I>Information</I></B>&rdquo; means all information received from Borrower or any Subsidiary relating to Borrower or any
Subsidiary or any of their respective businesses, other than any such information that is available to Administrative Agent, any
Lender or any L/C Issuer on a nonconfidential basis prior to disclosure by Borrower or any Subsidiary, provided that, in the case of
information received from Borrower or any Subsidiary after the date hereof, all such information shall be deemed to be confidential
unless Borrower or such Subsidiary has clearly and conspicuously marked such information as &ldquo;PUBLIC&rdquo; in accordance with <B><I>Section&nbsp;6.02</I></B>.
Any Person required to maintain the confidentiality of Information as provided in this <B><I>Section</I></B>&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"></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">Each of Administrative Agent,
the Lenders and the L/C Issuers acknowledges that (a)&nbsp;the Information may include material non-public information concerning Borrower
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 applicable Law, including United States 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: 0.5in">10.08&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Right
of Setoff</B>. If an Event of Default shall have occurred and be continuing, each Lender, each L/C Issuer and each of their respective
Affiliates is hereby authorized at any time and from time to time, after obtaining the prior written consent of Administrative Agent,
to the fullest extent permitted by applicable Law, to set off and apply any and all deposits (general or special, time or demand, provisional
or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such
L/C Issuer or any such Affiliate to or for the credit or the account of Borrower against any and all of the obligations of Borrower now
or hereafter existing under this Agreement or any other Loan Document to such Lender or such L/C Issuer, irrespective of whether or not
such Lender or such L/C Issuer shall have made any demand under this Agreement or any other Loan Document and although such obligations
of Borrower may be contingent or unmatured or are owed to a branch or office of such Lender or such L/C Issuer different from the branch
or office holding such deposit or obligated on such indebtedness; provided, that in the event that any Defaulting Lender shall exercise
any such right of setoff, (x)&nbsp;all amounts so set off shall be paid over immediately to Administrative Agent for further application
in accordance with the provisions of <B><I>Section&nbsp;2.15</I></B> and, pending such payment, shall be segregated by such Defaulting
Lender from its other funds and deemed held in trust for the benefit of Administrative Agent and the Lenders, and (y)&nbsp;the Defaulting
Lender shall provide promptly to Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting
Lender as to which it exercised such right of setoff. The rights of each Lender, each L/C Issuer and their respective Affiliates under
this <B><I>Section</I></B>&nbsp;are in addition to other rights and remedies (including other rights of setoff) that such Lender, such
L/C Issuer or their respective Affiliates may have. Each Lender each the L/C Issuer agrees to notify Borrower and Administrative Agent
promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff
and application.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.09&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 applicable Law (the &ldquo;<B><I>Maximum
Rate</I></B>&rdquo;). If Administrative 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 or, if it exceeds such unpaid principal, refunded to Borrower. In determining
whether the interest contracted for, charged, or received by Administrative Agent or a Lender exceeds the Maximum Rate, such Person may,
to the extent permitted by applicable 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: 0.5in">10.10&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 <B><I>Section&nbsp;4.01</I></B>,
this Agreement shall become effective when it shall have been executed by Administrative Agent and when Administrative 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 or other electronic imaging means 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; text-align: justify; text-indent: 0.5in">10.11&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Survival
of Representations and Warranties</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 Administrative Agent and each Lender, regardless of any investigation
made by Administrative Agent or any Lender or on their behalf and notwithstanding that Administrative Agent or any Lender may have had
notice or knowledge of any Default at the time of any Credit Extension, and shall continue in full force and effect as long as any Loan
or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.12&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 <B><I>Section&nbsp;10.12</I></B>, 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 Administrative
Agent or each L/C Issuer, as applicable, 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: 0.5in">10.13&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Replacement
of Lenders</B>. If any Lender requests compensation under <B><I>Section&nbsp;3.04</I></B>, or if Borrower is required to pay any additional
amount to any Lender or any Governmental Authority for the account of any Lender pursuant to <B><I>Section&nbsp;3.01</I></B>, or if any
Lender is a Defaulting Lender, or if a Lender is a Non-Extending Lender, or if any other circumstance exists hereunder that gives Borrower
the right to replace a Lender as a party hereto, then Borrower may, at its sole expense and effort, upon notice to such Lender and Administrative
Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in,
and consents required by, <B><I>Section&nbsp;10.06</I></B>), all of its interests, rights 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), provided 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
shall have paid to Administrative Agent the assignment fee specified in <B><I>Section&nbsp;10.06(b)</I></B>;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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;such
Lender shall have received payment of an amount equal to 100% of the outstanding principal of its Loans and L/C Advances, accrued interest
thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under <B><I>Section&nbsp;3.05</I></B>)
from the assignee (to the extent of such outstanding principal and accrued interest and fees) or 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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the case of any such assignment resulting from a claim for compensation under <B><I>Section&nbsp;3.04</I></B> or payments required to
be made pursuant to <B><I>Section&nbsp;3.01</I></B>, such assignment will result in a reduction in such compensation or payments thereafter;
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">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
assignment does not conflict with applicable 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: 0.5in">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
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: 0.5in">10.14&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>GOVERNING
LAW</B>. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK PURSUANT TO <I>SECTION&nbsp;5-1401</I>
OF THE GENERAL OBLIGATIONS LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO NEW YORK&rsquo;S PRINCIPLES OF CONFLICTS 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>SUBMISSION
TO JURISDICTION</B>. BORROWER IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF
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,&nbsp;IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER
LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES
THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY&nbsp;BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST
EXTENT PERMITTED BY APPLICABLE LAW,&nbsp;IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION
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 ADMINISTRATIVE AGENT, ANY LENDER OR ANY L/C
ISSUER MAY&nbsp;OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST BORROWER
OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>WAIVER
OF VENUE</B>. BORROWER IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE 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 <B><I>PARAGRAPH (b)</I></B>&nbsp;OF THIS <B><I>SECTION</I></B>. EACH OF THE PARTIES HERETO
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE
OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>SERVICE
OF PROCESS</B>. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN <B><I>SECTION&nbsp;10.02</I></B>.
NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER 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: 0.5in">10.15&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Waiver
of Jury Trial</B>. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY&nbsp;HAVE
TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR 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
<B><I>SECTION</I></B>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.16&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>No
Advisory or Fiduciary Responsibility</B>. In connection with all aspects of each transaction contemplated hereby (including in connection
with any amendment, waiver or other modification hereof or of any other Loan Document), Borrower acknowledges and agrees, and acknowledges
its Affiliates&rsquo; understanding, that: (i)(A)&nbsp;the arranging and other services regarding this Agreement provided by Administrative
Agent and Arrangers are arm&rsquo;s-length commercial transactions between Borrower and its Affiliates, on the one hand, and Administrative
Agent and Arrangers, on the other hand, (B)&nbsp;Borrower has consulted its own legal, accounting, regulatory and tax advisors to the
extent it has deemed appropriate, and (C)&nbsp;Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions
of the transactions contemplated hereby and by the other Loan Documents; (ii)(A)&nbsp;Administrative Agent and Arrangers each is and
has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will
not be acting as an advisor, agent or fiduciary for Borrower or any of its Affiliates, or any other Person and (B)&nbsp;neither Administrative
Agent nor any Arranger has any obligation to Borrower 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; and (iii)&nbsp;Administrative Agent, Arrangers and their
respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of Borrower and its
Affiliates, and neither Administrative Agent nor any Arranger has any obligation to disclose any of such interests to Borrower or its
Affiliates. To the fullest extent permitted by law, Borrower hereby waives and releases any claims that it may have against Administrative
Agent and Arrangers with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction
contemplated hereby.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.17&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Electronic
Execution of Assignments and Certain Other Documents</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)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
words &ldquo;<I>execute,</I>&rdquo; &ldquo;<I>execution,</I>&rdquo; &ldquo;<I>signed,</I>&rdquo; &ldquo;<I>signature,</I>&rdquo; and words
of like import in or related to any document to be signed in connection with this Agreement and the transactions contemplated hereby (including
without limitation Assignment and Assumptions, amendments or other modifications, Loan Notices, waivers and consents) shall be deemed
to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved
by Administrative 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; <I>provided</I> that notwithstanding
anything contained herein to the contrary Administrative Agent is under no obligation to agree to accept electronic signatures in any
form or in any format unless expressly agreed to by Administrative Agent pursuant to procedures approved by it.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;This
Agreement and any document, amendment, approval, consent, information, notice, certificate, request, statement, disclosure or authorization
related to this Agreement (each a &ldquo;<B><I>Communication</I></B>&rdquo;), including Communications required to be in writing, may
be in the form of an Electronic Record and may be executed using Electronic Signatures. Each of the Loan Parties agrees that any Electronic
Signature on or associated with any Communication shall be valid and binding on each such Loan Party to the same extent as a manual, original
signature, and that any Communication entered into by Electronic Signature, will constitute the legal, valid and binding obligation of
such Loan Party, enforceable against such Loan Party in accordance with the terms thereof to the same extent as if a manually executed
original signature was delivered or a paper-based recordkeeping system was used, as the case may be. Any Communication may be executed
in as many counterparts as necessary or convenient, including both paper and electronic counterparts, but all such counterparts are one
and the same Communication. For the avoidance of doubt, the authorization under this <B><I>paragraph</I></B> may include, without limitation,
use or acceptance by Administrative Agent and each of the Lenders of a manually signed paper Communication which has been converted into
electronic form (such as scanned into PDF format), or an electronically signed Communication converted into another format, for transmission,
delivery and/or retention. Administrative Agent and each of the Lenders may, at its option, create one or more copies of any Communication
in the form of an imaged Electronic Record (&ldquo;<B><I>Electronic Copy</I></B>&rdquo;), which shall be deemed created in the ordinary
course of the such Person&rsquo;s business, and destroy the original paper document. All Communications in the form of an Electronic Record,
including an Electronic Copy, shall be considered an original for all purposes, and shall have the same legal effect, validity and enforceability
as a paper record. Notwithstanding anything contained herein to the contrary, Administrative Agent is under no obligation to accept an
Electronic Signature in any form or in any format unless expressly agreed to by Administrative Agent pursuant to procedures approved by
it; provided, further, without limiting the foregoing, (i)&nbsp;to the extent Administrative Agent has agreed to accept such Electronic
Signature, Administrative Agent and each of the Lenders shall be entitled to rely on any such Electronic Signature purportedly given by
or on behalf of any Loan Party without further verification and (ii)&nbsp;upon the request of Administrative Agent or any Lender, any
Electronic Signature shall be promptly followed by such manually executed counterpart. For purposes hereof, &ldquo;<B><I>Electronic Record</I></B>&rdquo;
and &ldquo;<B><I>Electronic Signature</I></B>&rdquo; shall have the meanings assigned to them, respectively, by 15 USC &sect;7006, as
it may be amended from time to time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></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">10.18&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>USA
PATRIOT Act</B>. Each Lender that is subject to the PATRIOT Act and Administrative Agent (for itself and not on behalf of any Lender)
hereby notifies Borrower that pursuant to the requirements of the PATRIOT Act, it is required to obtain, verify and record information
that identifies Borrower, which information includes the name and address of Borrower and other information that will allow such Lender
or Administrative Agent, as applicable, to identify Borrower in accordance with the PATRIOT Act. Borrower shall, promptly following a
request by Administrative Agent or any Lender, provide all documentation and other information that Administrative Agent or such Lender
requests in order to comply with its ongoing obligations under applicable &ldquo;know your customer&rdquo; and anti-money laundering
rules&nbsp;and regulations, including the PATRIOT 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: 0.5in">10.19&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>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: 0.5in">10.20&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Acknowledgement
and Consent to Bail-In of Affected Financial Institutions</B>. Solely to the extent any Lender or any L/C Issuer that is an EEA Financial
Institution is a party to this Agreement and 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 Lender or any L/C Issuer
that is an Affected 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 the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees
to be bound by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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
application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder which
may be payable to it by any Lender or any L/C Issuer that is an Affected 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
effects of any Bail-In Action on any such liability, including, if applicable:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
reduction in full or in part or cancellation of any such liability;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected Financial Institution,
its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments
of ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document;
or</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of the applicable Resolution
Authority.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.21&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>Acknowledgement
Regarding Any Supported QFCs</B>. To the extent that this Agreement or any other Loan Document provide support, through a guarantee or
otherwise, for any Swap Contract or any other agreement or instrument that is a QFC (such support, &ldquo;<B><I>QFC Credit Support</I></B>&rdquo;,
and each such QFC, a &ldquo;<B><I>Supported QFC</I></B>&rdquo;), the parties acknowledge and agree as follows with respect to the resolution
power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street
Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the &ldquo;<B><I>U.S. Special Resolution Regimes</I></B>&rdquo;)
in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents
and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other
state of the United States):</P>

<P STYLE="font: 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 0pt 0.5in; text-align: justify; text-indent: 0.5in">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
the event a Covered Entity that is party to a Supported QFC (each, a &ldquo;<B><I>Covered Party</I></B>&rdquo;) becomes subject to a proceeding
under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest
and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such
QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special
Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed
by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party
becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply
to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater
extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents
were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood
and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered
Party with respect to a Supported QFC or any QFC Credit Support.</P>

<P STYLE="font: 10pt Times New 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;As
used in this <B><I>Section&nbsp;10.21</I></B>, the following terms have the following meanings:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>BHC Act
Affiliate</I></B>&rdquo; of a party means an &ldquo;<I>affiliate</I>&rdquo; (as such term is defined under, and interpreted in accordance
with, 12 U.S.C. 1841(k)) of such party.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Covered
Entity</I></B>&rdquo; means any of the following: (i)&nbsp;a &ldquo;<I>covered entity</I>&rdquo; as that term is defined in, and interpreted
in accordance with, 12 C.F.R. &sect; 252.82(b); (ii)&nbsp;a &ldquo;<I>covered bank</I>&rdquo; as that term is defined in, and interpreted
in accordance with, 12 C.F.R. &sect; 47.3(b); or (iii)&nbsp;a &ldquo;<I>covered FSI</I>&rdquo; as that term is defined in, and interpreted
in accordance with, 12 C.F.R. &sect; 382.2(b).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in">&ldquo;<B><I>Default
Right</I></B>&rdquo; has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. &sect;&sect; 252.81,
47.2 or 382.1, as applicable.</P>

<P STYLE="font: 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">&ldquo;<B><I>QFC</I></B>&rdquo;
has the meaning assigned to the term &ldquo;<I>qualified financial contract</I>&rdquo; in, and shall be interpreted in accordance with,
12 U.S.C. 5390(c)(8)(D).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.22&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<B>ENTIRE
AGREEMENT</B>. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY&nbsp;NOT BE CONTRADICTED
BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE
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: center">[<B><I>Remainder of Page&nbsp;Left Intentionally
Blank;<BR>
Signature Page(s)&nbsp;Follow(s)</I></B>.]</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>Schedule 2.01</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>Commitments and Applicable Percentages</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%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Lender</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Commitment</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Applicable<BR>
 Percentage</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 68%; text-align: justify; padding-bottom: 1pt">Bank of America, N.A.</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; width: 12%; font: 10pt Times New Roman, Times, Serif; text-align: right">47,368,421.05</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; width: 12%; font: 10pt Times New Roman, Times, Serif; text-align: right">31.578947366</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Bank of Montreal</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">23,684,210.53</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">15.789473687</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">JPMorgan Chase Bank, N.A.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">23,684,210.53</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">15.789473687</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Citizens Bank, N.A.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">15,789,473.68</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">10.526315787</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Regions Bank</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">15,789,473.68</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">10.526315787</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">BankUnited, N.A.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">12,631,578.95</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">8.421052633</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">First Financial Bank, N.A.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">6,315,789.47</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">4.210526313</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Capital One, National Association</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">4,736,842.11</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">3.157894740</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Total</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">150,000,000.00</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">100.000000000</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>L/C Commitments</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%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Lender</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Commitment</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid">Applicable<BR>
 Percentage</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 68%; text-align: justify; padding-bottom: 1pt">Bank of America, N.A.</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; width: 12%; font: 10pt Times New Roman, Times, Serif; text-align: right">5,000,000.00</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; width: 1%; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; width: 12%; font: 10pt Times New Roman, Times, Serif; text-align: right">33.333333334</TD><TD STYLE="width: 1%; padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Bank of Montreal</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">5,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: right">33.333333333</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">JPMorgan Chase Bank, N.A.</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">5,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">33.333333333</TD><TD STYLE="padding-bottom: 1pt; font: 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Total</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">15,000,000.00</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: right">100.000000000</TD><TD STYLE="padding-bottom: 1pt; font: bold 10pt Times New Roman, Times, Serif; text-align: left">%</TD></TR>
  </TABLE>

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

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

<!-- Field: Page; Sequence: 135 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="text-align: right; width: 33%"><FONT>Schedule 2.01</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Date: __________, 20__</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: 0.5in">To:</TD><TD STYLE="text-align: justify">Bank of America, N.A., as Administrative Agent</TD></TR></TABLE>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reference is made to that
certain Credit Agreement, dated as of January&nbsp;10, 2022 (as amended, restated, extended, supplemented or otherwise modified in writing
from time to time, the &ldquo;<B><I>Agreement</I></B>;&rdquo; the terms defined therein being used herein as therein defined), among Franklin
Street Properties Corp. (the &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders from time to time party thereto, and Bank of America,
N.A., as Administrative Agent and an L/C Issuer.</P>

<P STYLE="font: 10pt Times New Roman, 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">The undersigned hereby requests
(select one):</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD><TD STYLE="text-align: justify; width: 1.5in">A Borrowing of Loans</TD>
                                                                                                                                                                 <TD STYLE="text-align: justify; width: 0.25in"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
                                                                                                                                                                 <TD STYLE="text-align: justify">A conversion or continuation of 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: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">1.</TD><TD STYLE="text-align: justify">On __________ (a Business Day).</TD>
</TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">2.</TD><TD STYLE="text-align: justify">In the amount of $__________.</TD>
</TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">3.</TD><TD STYLE="text-align: justify">Comprised of _______________________________.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-left: 0.875in; text-align: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Type of Loan requested]</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 2in; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">4.</TD><TD STYLE="text-align: justify">For Term SOFR Rate Loans with an Interest Period of ___&nbsp;months.</TD>
</TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">5.</TD><TD STYLE="text-align: justify">Use of Proceeds:<U>&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</U>.<SUP>1</SUP></TD>
</TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Immediately
after giving effect to the Borrowing (if any) requested herein and the use of the proceeds thereof, the cash and Cash Equivalents of the
Consolidated Parties does not exceed $25,000,000 on a pro forma basis (taking into account issued checks, initiated wires, or ACH transfers
that have been written or initiated by the Consolidated Parties at or before such time or substantially contemporaneously therewith).<SUP>2</SUP></P>

<P STYLE="font: 10pt Times New Roman, 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">The Borrowing, if any, requested
herein complies with <I>clause&nbsp;(i)</I>&nbsp;of the proviso to the first sentence of <I>Section&nbsp;2.01(a)</I>&nbsp;of the Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Remainder
of Page&nbsp;Intentionally Left Blank;<BR>
Signature Page(s)&nbsp;Follow(s)</I></B></FONT>.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; 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"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>1</SUP></FONT>
To be included for a new Borrowing (not a conversion or continuation).</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><SUP>2</SUP> To be included for a new Borrowing (not a conversion
or continuation).</P>

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

<!-- Field: Page; Sequence: 136 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%">&nbsp;</TD><TD STYLE="text-align: right; width: 33%"><FONT>Exhibit&nbsp;A &ndash; Page&nbsp;1</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&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="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>BORROWER:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FRANKLIN STREET PROPERTIES CORP.</B></FONT>, a Maryland corporation</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">

  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 42%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

<!-- Field: Page; Sequence: 137 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Financial Statement Date: __________, 20__</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: 0.5in">To:</TD><TD STYLE="text-align: justify">Bank of America, N.A., as Administrative Agent</TD></TR></TABLE>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Reference is made to that
certain Credit Agreement, dated as of January&nbsp;10, 2022 (as amended, restated, extended, supplemented or otherwise modified in writing
from time to time, the &ldquo;<B><I>Agreement;</I></B>&rdquo; the terms defined therein being used herein as therein defined), among Franklin
Street Properties Corp. (the &ldquo;<B><I>Borrower</I></B>&rdquo;), the Lenders from time to time party thereto, and Bank of America,
N.A., as Administrative Agent and an L/C Issuer.</P>

<P STYLE="font: 10pt Times New Roman, 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">The undersigned Responsible
Officer hereby certifies as of the date hereof that he/she is the __________ of Borrower, and that, as such, he/she is authorized to execute
and deliver this Certificate to Administrative Agent on the behalf of Borrower, and 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: center"><I>[Use following <B>paragraph&nbsp;1</B> for fiscal
year-end financial statements]</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
has delivered the year-end audited financial statements required by <I>Section&nbsp;6.01(a)</I>&nbsp;of the Agreement for the fiscal year
of Borrower ended as of the above date, together with the report and opinion of an independent certified public accountant required by
such section.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>[Use following <B>paragraph&nbsp;1</B> for fiscal
quarter-end financial statements]</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
has delivered the unaudited financial statements required by <I>Section&nbsp;6.01(b)</I>&nbsp;of the Agreement for the fiscal quarter
of Borrower ended as of the above date. Such financial statements fairly present, in all material respects, the financial condition, results
of operations and cash flows of the Consolidated Parties in accordance with GAAP as at such date and for such period, subject only to
normal year-end audit adjustments and the absence of footnotes.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
undersigned has reviewed and is familiar with the terms of the Agreement and has made, or has caused to be made under his/her supervision,
a detailed review of the transactions and condition (financial or otherwise) of Borrower during the accounting period covered by such
financial 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">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;A
review of the activities of Borrower during such fiscal period has been made under the supervision of the undersigned with a view to determining
whether during such fiscal period Borrower performed and observed all its Obligations under the Loan 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; text-align: center"><I>[select one:]</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">[to the knowledge of the undersigned, during such
fiscal period no 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; text-align: center"><I>--or--</I></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[to
the knowledge of the undersigned, during such fiscal period the following Defaults and Events of Default exist:<FONT STYLE="color: Red"><SUP>3</SUP></FONT></FONT>]</P>

<P STYLE="font: 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: 0; margin-bottom: 0; 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"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><SUP>3</SUP> Specify nature and extent thereof and what action Borrower
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"></P>

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="width: 50%; text-align: right">Exhibit&nbsp;D &ndash; Page&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as noted below, the representations and warranties of Borrower contained in <I>Article&nbsp;V</I> of the Agreement are true and correct
in all material respects on and as of the date hereof, except (a)&nbsp;to the extent that such representations and warranties specifically
refer to an earlier date, in which case they are true and correct as of such earlier date, and (b)&nbsp;except that (i)&nbsp;the representations
and warranties contained in <I>subsections&nbsp;(a)</I>, <I>(b)</I>&nbsp;and&nbsp;<I>(c)</I>&nbsp;of <I>Section&nbsp;5.05</I> refer to
the most recent statements furnished pursuant to <I>clauses&nbsp;(a)</I>&nbsp;and&nbsp;<I>(b)</I>, respectively, of <I>Section&nbsp;6.01</I>;
and (ii)&nbsp;the representations and warranties contained in <I>Section&nbsp;5.13(a)</I>&nbsp;refer to the most recent update to <B><I>Schedule&nbsp;5.13(a)</I></B>&nbsp;furnished
pursuant to <I>Section&nbsp;6.02(a)(ii)</I>, and are true and correct in all material respects as of the effective date of such update,
and (iii)&nbsp;the representations and warranties contained in the first and second sentences of <I>Section&nbsp;5.21</I> refer to the
most recent update to <B><I>Schedule&nbsp;5.21</I></B> furnished pursuant to <I>Section&nbsp;6.02(a)(i)</I>, and are true and correct
in all material respects as of the effective date of such update.</P>

<P STYLE="font: 10pt Times New Roman, 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">Exceptions:<U>&#9;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;&#9;&#8239;&#8239;&#8239;&#8239;&nbsp;</U>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
financial covenant analyses and information set forth on <B><I>Schedule&nbsp;1</I></B> attached hereto are true and accurate in all material
respects as of the Financial Statement Date covered by this Certificate.</P>

<P STYLE="font: 10pt Times New Roman, 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">The updates to <B><I>Schedules&nbsp;5.21</I></B>
and&nbsp;<B><I>5.13(a)</I></B>&nbsp;attached hereto and the list of all Projects Under Development attached hereto are true and accurate
on and as of the Financial Statement Date covered by this Certificate.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B><I>Remainder
of Page&nbsp;Intentionally Left Blank;<BR>
Signature Page(s)&nbsp;Follow(s)</I></B></FONT>.</P>

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

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

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

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

<!-- Field: Split-Segment; Name: 8 -->
<P STYLE="font: 10pt Times New Roman, 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"><B>IN
WITNESS WHEREOF</B></FONT>, the undersigned has executed this Certificate as of __________, 20__.</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="3"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>BORROWER:</B></FONT></P>
                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
<TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FRANKLIN STREET PROPERTIES CORP.</B></FONT><FONT STYLE="font-size: 10pt">, a Maryland corporation</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
<TD COLSPAN="3">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
<TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
<TD STYLE="width: 3%">&nbsp;</TD>
<TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
<TD STYLE="width: 42%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
<TD>&nbsp;</TD></TR>
</TABLE>

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

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

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

<P STYLE="font: 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: 140 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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"><B><I>SCHEDULE 1</I></B></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Franklin
Street Properties Corp.<BR>
Financial Covenants</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">__________, 20__</P>

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

<P STYLE="border-top: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(in thousands, except percentages and ratios)</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">1. Maximum Leverage Ratio</P>



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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
<TD STYLE="vertical-align: bottom; text-align: center; width: 40%">&nbsp;</TD>
<TD STYLE="vertical-align: bottom; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Total Indebtedness</U></FONT></TD>
<TD STYLE="vertical-align: bottom; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Total Asset Value</U></FONT></TD>
<TD STYLE="vertical-align: bottom; text-align: center; width: 20%"><U>Indebtedness to</U> <U><BR>
Total Asset Value</U></TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not to exceed 60% to be increased to 65% of Total Asset Value for the fiscal quarter in which a Significant Acquisition occurs and for the immediately succeeding three fiscal quarters thereafter (a &ldquo;<U>Leverage Increase Period</U>&rdquo;), provided that (i)&nbsp;Borrower may not elect more than two (2)&nbsp;Leverage Increase Periods during the term of the Loans and (ii)&nbsp;any such Leverage Increase Periods shall be non-consecutive</FONT></TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE>


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

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

<!-- Field: Page; Sequence: 141; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: right; margin: 0pt">Schedule I - Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><U>Total Asset Value<SUP>4</SUP></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Unencumbered Asset Value (see Schedule A)</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Encumbered Asset Value (see Schedule B)</P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Book value of unimproved land holdings</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Book value of construction in progress</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Carrying value of performing mortgage loans</P>

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

<P STYLE="margin-left: 0.25in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Assets Held for Syndication</P>

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

<P STYLE="margin-left: 0.25in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Mortgage Loan Receivable</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Investment in Sponsored REITs</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Total Asset Value</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><U>Total Indebtedness</U></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Derivative Termination Value</P>

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Exclude Hedge Ineffectiveness</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Consolidated Parties&rsquo; Equity Percentage<BR>
 of Indebtedness of Unconsolidated Affiliates</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Indebtedness</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">2. Maximum Secured Leverage Ratio</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Total Secured Indebtedness of the Consolidated
Parties</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Total Asset Value</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">% of Total Secured Indebtedness over Total Asset Value</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Maximum % of Total Secured Indebtedness not
to exceed 30% of Total Asset Value</P>



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

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0; font-size: 10pt"><SUP>4</SUP> to the extent the aggregate of Investments in Projects under Development, undeveloped
land holdings, Joint Venture Projects and Joint Ventures, Securities Holdings and Mortgages to non-affiliates (excluding Mortgages to
Sponsored REITS) would exceed 10% of Total Asset Value, such aggregate excess shall be excluded.</P>

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

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

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

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.&nbsp;&nbsp;Minimum Fixed Charge Cover Ratio</FONT> &nbsp; &nbsp;</P>



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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top; width: 40%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Adjusted EBITDA</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Fixed Charges</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 20%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Adjusted EBITDA to</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Fixed Charge Ratio</U></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Minimum 1.5:1</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">4. Maximum Unencumbered Leverage Ratio <B>&nbsp;</B> &nbsp; &nbsp;</P>



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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unsecured <BR>
<U>Indebtedness</U></FONT></TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered<BR>
 <U>Asset Value</U></FONT></TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leverage<BR>
<U>Ratio</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not to exceed 60% to be increased to 65% of Unencumbered Asset Value for the fiscal quarter in which a Significant Acquisition occurs and for the immediately succeeding three fiscal quarters thereafter, provided that (i)&nbsp;Borrower may not elect more than two (2)&nbsp;Leverage Increase Periods during the term of the Loans and (ii)&nbsp;any such Leverage Increase Periods shall be non-consecutive.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  </TABLE>

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.&nbsp;&nbsp;Minimum Unsecured Interest Coverage</FONT></P>



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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 40%; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly <BR>
<U>Unencumbered NOI</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Interest Expense</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>NOI
    to Interest Expense</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equal to 1.75:1 or more</FONT></TD>
    <TD></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  </TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
Minimum Tangible Net Worth<SUP>5</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>&nbsp;</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
Assets, less: </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;Book Value of Intangible Assets</FONT> &nbsp; <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;Write-up of book value subsequent to Balance Sheet date</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;Subscriptions Receivable</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;Derivative assets</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Liabilities (excluding derivative liabilities)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tangible Net Worth</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required Net Worth</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required as of [9/30/21]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity Offering after [9/30/21] (add 75% of net proceeds from equity offerings)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Required Net Worth</P>



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

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

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<P STYLE="margin: 0; font-size: 10pt"><SUP>5</SUP> Total Assets and Total Liabilities shall also exclude an asset or liability created
by Hedge Ineffectiveness and the Swap Termination Value.</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">7. Distributions</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: -0.5in; margin-left: 0.5in; margin-top: 0pt; margin-bottom: 0pt">Maximum Distributions not to exceed the greater of (A)&nbsp;<BR>
$0.01 per common share per fiscal quarter and<BR>
 (B)&nbsp;REIT Qualifying Distributions;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">8. Maximum Secured Recourse Leverage Ratio</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in; text-indent: -0.5in; margin-top: 0pt; margin-bottom: 0pt">Total Secured Indebtedness of the Consolidated
Parties <BR>
that is Recourse Indebtedness</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Total Asset Value</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">% of Total Secured Indebtedness that is Recourse Indebtedness over Total Asset Value</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Maximum % of Secured Recourse Indebtedness
not to exceed 1% of Total Asset Value</P>


<P STYLE="font: 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"></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"><FONT STYLE="text-transform: uppercase"><B>Franklin
Street Properties Corp.</B></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">__________, 20__</P>

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

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

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Unencumbered Asset Value</B></FONT></P>



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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 1pt solid; width: 39%; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 21%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Date</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 20%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cap Rate</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 20%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Unencumbered</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Asset Value</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly NOI</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$___________</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5%<FONT STYLE="color: red"><SUP>6</SUP></FONT></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$__________</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annual NOI</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$___________</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$<U>__________</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquisition costs of new properties (for first 4 quarters)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$__________</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered Asset Value</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$__________</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>6</SUP> 6.75% for CBD or Urban Infill Property/7.5%
for Suburban 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"></P>

<!-- Field: Page; Sequence: 145 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: right; margin: 0pt">Schedule A</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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"><FONT STYLE="text-transform: uppercase"><B>Franklin
Street Properties Corp.</B></FONT></P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">__________, 20__</P>

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

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

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Encumbered Asset Value</B></FONT></P>



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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 1pt solid; width: 39%; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 21%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Date</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 20%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cap Rate</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; width: 20%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Encumbered</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Asset Value</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly NOI</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$___________</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5%<FONT STYLE="color: red"><SUP>7</SUP></FONT></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$__________</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annual NOI</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$___________</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$<U>__________</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquisition costs of new properties (for first 4 quarters)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$__________</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Encumbered Asset Value</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$__________</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; 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"><SUP>7</SUP> 6.75% for CBD or Urban Infill Property/7.5% for Suburban
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"></P>

<!-- Field: Page; Sequence: 146 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: right; margin: 0pt">Schedule B</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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>Franklin Street Properties Corp.</B></P>

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

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

<P STYLE="font: 10pt 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">__________, 20__</P>

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

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

<P STYLE="font: 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: 147 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Consolidated Balance Sheets</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT>(Audited/Unaudited)</FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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>Franklin Street Properties Corp.</B></P>

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

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

<P STYLE="font: 10pt 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">__________, 20__</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EBITDA</FONT></TD>
    <TD STYLE="width: 15%; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 15%; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net Income</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-recurring/Extraordinary /GOS/Acq Cost</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest including deferred financing costs</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation&nbsp;&amp; Amortization</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amortization of leases (in revenue)</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pro Rata Share Unconsolidated Affiliates</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hedge ineffectiveness</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EBITDA</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capital Item allowance ($.30 sf/year)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted EBITDA</FONT></TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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

<!-- Field: Page; Sequence: 148 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Consolidated Statement of Income</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT>(Audited/Unaudited)</FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

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

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">__________, 20__</P>

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest
Expense</FONT></P>


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

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

<!-- Field: Page; Sequence: 149 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Financial Covenants</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT>Quarterly Debt Service</FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Property NOI</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">__________, 20__</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 38%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Actual</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Cost</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Q_ NOI</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>City</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>State</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>S.F.</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><B>Most</B> <BR>
    <B>Recent FQ</B></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><B>Most</B> <BR>
    <B>Recent FQ</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Unencumbered NOI</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property NOI for the quarter</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Capital Item allowance ($.30 sf/year, including acquisitions)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: NOI from assets sold and projects under development</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustment for management fees to 3%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subtotal before gross-up of partial quarter acquisitions</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gross up for current quarter</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Property NOI for the quarter</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: New acquisitions (if less than 4 quarters)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Capital Item allowance ($.30 sf/year, including acquisitions)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: NOI from assets sold and projects under development</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustment for management fees to 3%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>NOI for Unencumbered Asset Value Calculation</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cap rate per loan agreement</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5%<FONT STYLE="color: red"><SUP>8</SUP></FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Value of the Properties:</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Calculated above</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquisitions at cost</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered Asset Value</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD></TR>
</TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Encumbered
NOI</B></FONT></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">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOI
is net of actual management fees paid, adjustment is to (increase)/decrease fees to 3% level</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: 0pt; 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"><SUP>8</SUP> 6.75% for CBD or Urban Infill Property/7.5% for Suburban
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"></P>

<!-- Field: Page; Sequence: 150 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Property NOI</P><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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>Franklin Street Properties Corp.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Management Fee Calculation<FONT STYLE="color: red"><SUP>9</SUP></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: center">__________, 20__</P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">9 Months</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">6 Months</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">3 Months</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Calculation:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Total rental revenue for 10-Q/10-K</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Excluded revenues:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Termination Fees</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Amort - Favorable lease</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Lease Induce/Rent reduct</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">FASB 13 Revenue</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Management fee&nbsp;&amp; interest income</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Revenue from sold properties</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Total excluded revenues</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 58%; text-align: justify">Gross revenues</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 10%; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">3% of Gross Revenues</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Less Actual management fees charged:</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify">Adjustment required</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left">&nbsp;</TD></TR>
  </TABLE>


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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><SUP>9</SUP> To be adjusted as appropriate to
determine management fees for the quarter.</P>

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

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

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Management Fee Calculations</P><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></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>Franklin Street Properties Corp.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REIT Qualifying Distributions</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">__________, 20__</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 57%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; width: 7%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total YTD </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Total Income for REIT test </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Less Gain on Sale of Real Estate </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Less SAR Return of Capital - Gain </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Taxable Expenses (Operating Estimate ) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Section&nbsp;1231 Loss Recapture&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Other Tax to Book Diff {Positive = income,&nbsp;&nbsp;( ) = expense} </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Depreciation Expense (based on estimate) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Estimated Taxable Income </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q1 </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q2 </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q3 </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q4 </FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total YTD </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Actual Distributions </FONT></TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Less Estimated Taxable Income (positive number is Tax Loss) </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;Less Capital Gain Distribution Needed </FONT></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Positive is distribution Coverage and Negative is</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 2.25pt">Special Distribution Needed</P></TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amount of Special Distribution, Sec 857 Dividend or Sec 858 Election needed</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="white-space: nowrap">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">REIT Qualifying Distributions</P><P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></DIV>
    <!-- Field: /Page -->

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

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm236218d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><B>Exhibit 10.2</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>First
Amendment to Second Amended and Restated Credit Agreement</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
<FONT STYLE="font-variant: small-caps">First Amendment to Second Amended and Restated Credit Agreement</FONT> (this <I>&ldquo;First Amendment&rdquo;</I>)
is made and entered into as of the 10th day of February, 2023, by and among <FONT STYLE="font-variant: small-caps">Franklin Street Properties
Corp</FONT>. (the <I>&ldquo;Borrower&rdquo;</I>), each Lender that is a signatory hereto, and <FONT STYLE="font-variant: small-caps">Bank
of Montreal</FONT> (<I>&ldquo;Bank of Montreal&rdquo;</I>), in its capacity as Lender, as Administrative Agent (the <I>&ldquo;Administrative
Agent&rdquo;</I>) for itself and the other lenders party to the Credit Agreement (hereinafter defined) from time to time. Capitalized
terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Credit Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Whereas</FONT><FONT STYLE="font-size: 10pt">,
the Borrower, the Administrative Agent and certain Lenders are parties to that certain Second Amended and Restated Credit Agreement dated
as of September&nbsp;27, 2018 (as so amended, the <I>&ldquo;Original A&amp;R Credit Agreement&rdquo;</I>) pursuant to which the Lenders
party to the Original A&amp;R Credit Agreement have extended credit to the Borrower on the terms set forth therein.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Whereas</FONT><FONT STYLE="font-size: 10pt">,
the Borrower has requested, and the Administrative Agent and the Lenders have agreed, to (i)&nbsp;extend the Term B Loan Maturity Date,
(ii)&nbsp;update the Benchmark from LIBOR to Term SOFR, (iii)&nbsp;modify certain financial covenants and (iv)&nbsp;amend certain of
the other terms and conditions of the Original A&amp;R Credit Agreement. The Original A&amp;R Credit Agreement as amended by this First
Amendment is referred to herein as the <I>&ldquo;Credit Agreement.&rdquo;</I></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Now,
Therefore</FONT><FONT STYLE="font-size: 10pt">, in consideration of the foregoing, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;Amendments.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to the satisfaction of the conditions precedent set forth in Section&nbsp;3 below, the Credit Agreement (but excluding the Exhibits and
Schedules to the Credit Agreement, which shall remain in full force and effect, unless expressly amended pursuant to this Amendment)
shall be and hereby is 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 underlined text (indicated textually in the same manner as the following example: <FONT STYLE="color: #0432ff"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">underlined
text</U></FONT>) as set forth in the pages&nbsp;of the Credit Agreement attached as Annex I hereto. Schedules 2.01, 10.02 and 10.06(b)(v)&nbsp;to
the Credit Agreement are hereby deleted in its entirety and replaced with Schedules 2.01, 10.02 and 10.06(b)(v)&nbsp;attached as Annex
II hereto. Each of Exhibit&nbsp;A and Exhibit&nbsp;E to the Credit Agreement is hereby deleted in its entirety and replaced with Exhibit&nbsp;A
and Exhibit&nbsp;E attached as Annex III hereto.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
the foregoing or anything to the contrary in the Credit Agreement, (i)&nbsp;all outstanding Loans that are Eurodollar Rate Loans immediately
prior to the effectiveness of this First Amendment (the &ldquo;<I>Existing Eurodollar Rate Loans</I>&rdquo;) shall continue as Eurodollar
Rate Loans (as such term is defined in the Original A&amp;R Credit Agreement immediately prior to the effectiveness of this First Amendment)
until the last day of each such Interest Period (as such term is defined in the Original A&amp;R Credit Agreement immediately prior to
the effectiveness of this First Amendment) applicable to the outstanding Existing Eurodollar Rate Loans and thereafter, all Interest
Periods for the outstanding Existing Eurodollar Rate Loans shall be selected in accordance with the Credit Agreement after giving effect
to this First Amendment and (ii)&nbsp;notwithstanding clause (i)&nbsp;above, the terms of the Original A&amp;R Credit Agreement, as in
effect immediately prior to the effectiveness of this First Amendment, in respect of the calculation, payment and administration of the
Existing Eurodollar Rate Loans shall remain in effect from and after the First Amendment Effective Date, in each case, solely for purposes
of making, and the administration of, interest payments on the Existing Eurodollar Rate Loans.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
of the Lenders and Administrative Agent (a)&nbsp;waives the requirement under Section&nbsp;2.04 of prior notice with respect to the prepayment
described in Section&nbsp;3(b)&nbsp;below and (b)&nbsp;agrees not to demand any losses, costs or expenses under Section&nbsp;3.05 of
the Credit Agreement with respect to the occurrence of the transactions contemplated by this First Amendment.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;No
Waiver.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Nothing
contained herein shall be deemed to (i)&nbsp;constitute a waiver of any Default or Event of Default that may heretofore or hereafter
occur or have occurred and be continuing or, except as expressly provided herein, to otherwise modify any provision of the Original A&amp;R
Credit Agreement, or (ii)&nbsp;give rise to any defenses or counterclaims to Administrative Agent&rsquo;s or any of the Lenders&rsquo;
right to compel payment of the Obligations when due or to otherwise enforce their respective rights and remedies under the Credit Agreement
and the other Loan Documents.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;Conditions
to Effectiveness.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
First Amendment shall become effective as of the date (the <I>&ldquo;Effective Date&rdquo;</I>) when each of the following conditions
is met:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;receipt
by the Administrative Agent of this First Amendment duly and properly authorized, executed and delivered by the Borrower and the Lenders;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Borrower shall have made a prepayment of the Term B Loan in an amount such that the aggregate outstanding principal amount of Term B
Loans is $125,000.000 as of the Effective Date;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;receipt
by the Administrative Agent of a certificate dated as of the date hereof signed by a Responsible Officer of Borrower certifying that,
immediately after giving effect to the First Amendment, (I)&nbsp;the representations and warranties contained in Article&nbsp;V of the
Credit Agreement are true and correct in all material respects 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 as of such earlier date, and (ii)&nbsp;that (1)&nbsp;the
representations and warranties contained in subsections&nbsp;(a), (b)&nbsp;and (c)&nbsp;of Section&nbsp;5.05 shall be deemed to refer
to the most recent statements furnished pursuant to clauses&nbsp;(a)&nbsp;and (b), respectively, of Section&nbsp;6.01; and (2)&nbsp;the
representations and warranties contained in Section&nbsp;5.13(a)&nbsp;shall be deemed to refer to the most recent update to Schedule&nbsp;5.13(a)&nbsp;furnished
pursuant to Section&nbsp;6.02(a)(ii), and shall be true and correct in all material respects as of the effective date of such update,
and (3)&nbsp;the representations and warranties contained in the first and second sentences of Section&nbsp;5.21 shall be deemed to refer
to the most recent update to Schedule&nbsp;5.21 furnished pursuant to Section&nbsp;6.02(a)(i), and shall be true and correct in all material
respects as of the effective date of such update, and (II)&nbsp;no Default or Event of Default exists;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;receipt
by the Administrative Agent of, in each case, in form and substance satisfactory to the Administrative Agent:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;certificates
of resolutions or other action, incumbency certificates and/or other certificates of Responsible Officers of the Borrower evidencing
the identity, authority and capacity of each Responsible Officer therein that is authorized to act as a Responsible Officer in connection
with this First Amendment and the other Loan Documents;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;documents
and certifications to evidence that the Borrower is validly existing and in good standing in the jurisdiction of Borrower&rsquo;s formation;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
favorable opinion of Foley&nbsp;&amp; Lardner LLP, counsel to the Borrower, addressed to the Administrative Agent, as to the matters
concerning this First Amendment as the Administrative Agent may reasonably request; and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;upon
the reasonable request of any Lender made at least five (5)&nbsp;days prior to the First Amendment Effective Date, Borrower shall have
provided to such Lender, and such Lender shall be reasonably satisfied with, the documentation and other information so requested in
connection with applicable &ldquo;know your customer&rdquo; and anti-money-laundering rules&nbsp;and regulations, including, without
limitation, the PATRIOT Act, in each case at least five (5)&nbsp;days prior to the First Amendment Effective Date; and (ii)&nbsp;at least
five (5)&nbsp;days prior to the First Amendment Effective Date, any Loan Party that qualifies as a &ldquo;legal entity customer&rdquo;
under the Beneficial Ownership Regulation shall have delivered, to each Lender that so requests, a Beneficial Ownership Certification
in relation to such Loan Party;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;payment
of (i)&nbsp;all fees required to be paid on or before the First Amendment Effective Date, including those required to be paid pursuant
to any fee letter, and (ii)&nbsp;any costs and expenses due to the Administrative Agent or the Lenders, including all of the Administrative
Agent&rsquo;s reasonable legal fees and expenses incurred in connection with the preparation and negotiation of this First Amendment;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
First Amendment Effective Date Compliance Certificate, giving pro forma effect to this First Amendment and all the transactions contemplated
herein, delivered by the Borrower, evidencing compliance with the financial covenants, in form and substance satisfactory to the Administrative
Agent;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;duly
executed amendments to the Bank of America Loan Documents to accommodate this First Amendment and otherwise as agreed to by the parties
thereto, to close contemporaneously with this First Amendment;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Legal
matters incident to the execution and delivery of this First Amendment shall be satisfactory to the Administrative Agent and its counsel;
and</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
other assurances, certificates, documents, consents or opinions as the Administrative Agent may require.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;Representations
and Warranties.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Borrower represents and warrants to the Administrative Agent and the Lenders as follows:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
execution, delivery and performance by the Borrower of this First Amendment, has been duly authorized by all necessary corporate or other
organizational action, and do not and will not (a)&nbsp;contravene the terms of Borrower&rsquo;s organizational documents; (b)&nbsp;conflict
with or result in any breach or contravention of, or the creation of any Lien under, or require any payment to be made under (i)&nbsp;any
Contractual Obligation to which the Borrower is a party or affecting the Borrower or the properties of Borrower or any of its Subsidiaries
or (ii)&nbsp;any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which Borrower or its properties
are subject; or (c)&nbsp;violate any Law.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;This
First Amendment has been duly executed and delivered by Borrower. This First Amendment constitutes a legal, valid and binding obligation
of Borrower, enforceable against Borrower in accordance with its terms, except as enforceability is limited by bankruptcy, insolvency,
reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors&rsquo; rights and except to
the extent that availability of the remedy of specific performance or injunctive relief is subject to the discretion of the court before
which any proceeding therefor may be brought.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
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 and delivery of, and the performance of the Borrower&rsquo;s obligations
under the Original A&amp;R Credit Agreement as amended by this First Amendment, except where such approval, consent, exemption, authorization,
action, notice or filing has been obtained or made, and except where the failure to do so would not reasonably be expected to have a
Material Adverse Effect.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
has not occurred since December&nbsp;31, 2021 any event or condition that has had or would be reasonably expected, either individually
or in the aggregate, to have a Material Adverse Effect, as determined by Administrative Agent.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;Ratification,&nbsp;etc.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Except
as expressly amended hereby, the Original A&amp;R Credit Agreement, the other Loan Documents and all documents, instruments and agreements
related thereto are hereby ratified and confirmed in all respects and shall continue in full force and effect. The Original A&amp;R Credit
Agreement and this First Amendment shall hereafter be read and construed together as a single document, and all references in the Credit
Agreement, any other Loan Document or any agreement or instrument related to the Credit Agreement shall hereafter refer to the Original
A&amp;R Credit Agreement as amended by this First Amendment. This First Amendment constitutes a Loan Document.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;Governing
Law.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">This
First Amendment shall be governed by and construed in accordance with the laws of the State of New York</FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;7.&nbsp;&nbsp;&nbsp;&nbsp;Counterparts.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
First Amendment may be executed in any number of counterparts and by different parties hereto on separate counterparts, each of which
when so executed and delivered shall be an original, but all of which counterparts taken together shall be deemed to constitute one and
the same instrument. Any counterpart signed by all parties may be introduced into evidence in any action or proceeding without having
to produce or account for the other counterparts. Likewise, the existence of this First Amendment may be established by the introduction
into evidence of counterparts that are separately signed, provided they are otherwise identical in all material respects.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;Parties.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
First Amendment binds and inures to the Borrower and its respective successors and permitted assigns.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;9.&nbsp;&nbsp;&nbsp;&nbsp;<B>RELEASE</B>.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>BORROWER
HEREBY ACKNOWLEDGES THAT, AS OF THE DATE HEREOF, THE OBLIGATIONS UNDER THE CREDIT AGREEMENT AND UNDER THE OTHER LOAN DOCUMENTS ARE ABSOLUTE
AND UNCONDITIONAL WITHOUT ANY RIGHT OF RESCISSION, SETOFF, COUNTERCLAIM, DEFENSE, OFFSET, CROSS-COMPLAINT, CLAIM OR DEMAND OF ANY KIND
OR NATURE WHATSOEVER THAT CAN BE ASSERTED TO REDUCE OR ELIMINATE ALL OR ANY PART&nbsp;OF ITS LIABILITY TO REPAY SUCH OBLIGATIONS OR TO
SEEK AFFIRMATIVE RELIEF OR DAMAGES OF ANY KIND OR NATURE FROM THE LENDERS. BORROWER HEREBY VOLUNTARILY AND KNOWINGLY RELEASES AND FOREVER
DISCHARGES ADMINISTRATIVE AGENT, THE LENDERS, AND EACH SUCH PERSON&rsquo;S PREDECESSORS, AGENTS, EMPLOYEES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY,
THE &ldquo;<I>RELEASED PARTIES</I>&rdquo;), FROM ALL POSSIBLE CLAIMS, DEMANDS, ACTIONS, CAUSES OF ACTION, DAMAGES, COSTS, EXPENSES, AND
LIABILITIES WHATSOEVER ARISING FROM OR UNDER THE LOAN DOCUMENTS, AND THE TRANSACTION EVIDENCED THEREBY, WHETHER KNOWN OR UNKNOWN, ANTICIPATED
OR UNANTICIPATED, SUSPECTED OR UNSUSPECTED, FIXED, CONTINGENT, OR CONDITIONAL, AT LAW OR IN EQUITY, ORIGINATING IN WHOLE OR IN PART&nbsp;ON
OR BEFORE THE DATE HEREOF WHICH BORROWER AND/OR ANY GUARANTOR MAY&nbsp;NOW OR HEREAFTER HAVE AGAINST THE RELEASED PARTIES,&nbsp;IF ANY,
AND IRRESPECTIVE OF WHETHER ANY SUCH CLAIMS ARISE OUT OF CONTRACT, TORT, VIOLATION OF LAW OR REGULATIONS, OR OTHERWISE,&nbsp;INCLUDING,
WITHOUT LIMITATION, ANY CONTRACTING FOR, CHARGING, TAKING, RESERVING, COLLECTING, OR RECEIVING INTEREST IN EXCESS OF THE HIGHEST LAWFUL
RATE APPLICABLE.</B></FONT></P>

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

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

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> -</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-indent: -1.25in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Section&nbsp;10.&nbsp;&nbsp;&nbsp;&nbsp;Entireties.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">The
Credit Agreement as amended by this First Amendment represents the final agreement between the parties about the subject matter of the
Credit Agreement as amended by this First Amendment and may not be contradicted by evidence of prior, contemporaneous, or subsequent
oral agreements of the parties. there are no unwritten oral agreements between the parties.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[<FONT STYLE="font-variant: small-caps">Remainder
of Page&nbsp;Intentionally Left Blank</FONT>]</FONT></P>

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

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

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    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> -</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">In
Witness Whereof</FONT><FONT STYLE="font-size: 10pt">, each of the undersigned has duly executed this First Amendment to Second Amended
and Restated Credit Agreement as of the date first set forth above.</FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Lenders/Agent</FONT><FONT STYLE="font-size: 10pt">:</FONT></TD><TD STYLE="font-size: 10pt; text-indent: -0.125in; padding-left: 0.125in; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Bank
                                            of Montreal</FONT><FONT STYLE="font-size: 10pt">,<BR>
                                            in its capacity as Administrative Agent and individually as a Lender</FONT></TD></TR></TABLE>

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

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

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

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Lender Signature Page]</FONT></P>

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

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></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-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">PNC Bank, National Association</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/ Shari Reams-Henofer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 47%"><FONT STYLE="font-size: 10pt">Name: Shari Reams-Henofer</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: Senior Vice President &nbsp;&nbsp;</FONT></TD></TR>
</TABLE>

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

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Lender Signature Page]</FONT></P>

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

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></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-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Capital One Bank, National Association</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/ Jessica W. Phillips</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 47%"><FONT STYLE="font-size: 10pt">Name: Jessica W. Phillips</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: Authorized Signatory</FONT></TD></TR>
</TABLE>

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

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Lender Signature Page]</FONT></P>

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

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></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-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Regions Bank</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/ Walter E. Rivadeneira</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 47%"><FONT STYLE="font-size: 10pt">Name: Walter E. Rivadeneira</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: Senior Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Lender Signature Page]</FONT></P>

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

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></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-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">U.S. Bank National Association</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/ Patrick T. Brooks</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 47%"><FONT STYLE="font-size: 10pt">Name: Patrick T. Brooks</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: Assistant Vice President</FONT></TD></TR>
</TABLE>

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

<P STYLE="font-size: 10pt; text-align: center; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">[Lender Signature Page]</FONT></P>

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

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt"></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-size: 10pt; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify; text-indent: -0.125in; padding-left: 0.125in; font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Truist Bank as successor by merger
    to Branch Banking and Trust Company</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt"> <FONT STYLE="font-size: 10pt">/s/ Juan De Jesus-Caballero</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 47%"><FONT STYLE="font-size: 10pt">Name: Juan De Jesus-Caballero</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: Senior Vice President</FONT></TD></TR>
  </TABLE>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Borrower:</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Franklin Street Properties Corp.,
    &nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-left: 0.125in; font-size: 10pt"><FONT STYLE="font-size: 10pt">a Maryland corporation</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/ George J. Carter</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 47%"><FONT STYLE="font-size: 10pt">Name: George J. Carter</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Title: Chief Executive Officer</FONT></TD></TR>
  </TABLE>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Annex
I to First Amendment to </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Second
Amended and Restated Credit Agreement</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 10pt">(See
Attached)</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">[Annex
I to First Amendment to Second Amended and Restated Credit Agreement]</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps; color: red"><I><STRIKE>Execution
Version</STRIKE></I></FONT><FONT STYLE="font-size: 10pt; font-variant: small-caps; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Annex
I to First Amendment to</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: blue"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Second
Amended and Restated Credit Agreement</U></FONT></P>

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

<P STYLE="border-top: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Second
Amended and Restated Credit Agreement</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Dated as of September&nbsp;27,
2018</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Franklin
Street Properties Corp.,<BR>
</FONT><FONT STYLE="font-size: 10pt">as the Borrower,</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Bank
of Montreal,<BR>
</FONT><FONT STYLE="font-size: 10pt">as Administrative Agent,</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">The Other Lenders
Party Hereto</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">BMO
Capital Markets Corp.,<BR>
PNC Capital Markets LLC,<BR>
Capital One Bank National Association, </FONT><FONT STYLE="font-size: 10pt">and<FONT STYLE="font-variant: small-caps"><BR>
Regions Capital Markets, </FONT>a division of Regions Bank<FONT STYLE="font-variant: small-caps"><BR>
</FONT>as Joint Bookrunners and Joint Lead Arrangers,</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">PNC
Bank, National Association,<BR>
</FONT><FONT STYLE="font-size: 10pt">as Syndication Agent</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Capital
One Bank National Association<BR>
</FONT><FONT STYLE="font-size: 10pt">and<FONT STYLE="font-variant: small-caps"><BR>
Regions Bank<BR>
</FONT>as Co-Documentation Agents</FONT></P>

<P STYLE="border-bottom: Black 2.5pt double; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Table
of Contents</B></FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Section</FONT></TD>
    <TD STYLE="padding-left: 0.25in; width: 76%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Heading</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Page</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;I</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Definitions and Accounting Terms</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">1</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defined Terms</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other Interpretive Provisions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>31</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">37</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounting Terms</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>32</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">38</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rounding</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>33</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">39</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Times of Day</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>33</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">39</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>33</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">39</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;1.07.</U></FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Interest Rates</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">39</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;1.08.</U></FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Divisions</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">40</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;II</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">The Commitments and Credit Extensions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>33</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">40</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Loans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>33</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">40</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Borrowings, Conversions and Continuations of Loans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>34</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">41</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intentionally Omitted</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>35</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">42</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>35</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">42</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>36</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">42</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>36</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">42</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.07.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>36</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">42</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.08.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Repayment of Loans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>36</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">42</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.09.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>36</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">43</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.10.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>37</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">43</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.11.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Computation of Interest and Fees</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>37</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">43</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.12.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Evidence of Debt</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>37</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">44</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.13.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments Generally; Administrative Agent&rsquo;s Clawback</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>37</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">44</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.14.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sharing of Payments by Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>39</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">46</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.15.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>40</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">46</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.16.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Increase in Commitments</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Reserved</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>40</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">47</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.17.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>42</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">48</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;2.18.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Defaulting Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>42</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">48</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;III</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Taxes, Yield Protection and Illegality</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>43</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">49</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>43</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">49</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Illegality</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>47</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">54</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inability to Determine Rates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">54</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increased Costs <FONT STYLE="color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">and Reduced Return</U></FONT></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">56</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compensation for Losses</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>50</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">58</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mitigation Obligations; Replacement of Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">58</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;3.07<FONT STYLE="color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">.</U></FONT></FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Effect of Benchmark Transition Event</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">59</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;3.08.</U></FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Change in Law</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">60</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;3.09</U></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Survival</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>51</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">61</U></FONT></TD></TR>
</TABLE>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;IV</FONT></TD>
    <TD STYLE="width: 76%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Conditions Precedent to Credit Extensions</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>52</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">61</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;4.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conditions of Initial Credit Extension</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>52</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">61</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;4.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Conditions to all Credit Extensions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">63</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;V</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Representations and Warranties</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">64</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Existence, Qualification and Power</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">64</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authorization; No Contravention</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">64</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governmental Authorization; Other Consents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">64</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Binding Effect</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">64</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Statements; No Material Adverse Effect</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">65</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">65</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.07.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Default</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">65</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.08.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ownership of Property; Liens</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">65</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.09.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Environmental Compliance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">66</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.10.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">66</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.11.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">66</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.12.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ERISA Compliance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">66</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.13.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subsidiaries; Other Equity Investments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>58</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">67</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.14.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Margin Regulations; Investment Company Act</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>58</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">67</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.15.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Disclosure</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">68</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.16.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compliance with Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">68</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.17.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxpayer Identification Number</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">68</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.18.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OFAC; Anti-Corruption Laws; PATRIOT Act</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">68</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.19.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REIT Status</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>60</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">69</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.20.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Solvency</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>60</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">69</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.21.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eligible Unencumbered Property Pool Properties</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>60</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">69</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.22.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Anti-Corruption Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>61</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">70</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.23.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EEA Financial Institutions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>61</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">70</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;5.24.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Plan Assets; Prohibited Transactions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>61</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">70</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;VI</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Affirmative Covenants</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>62</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">71</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Statements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>62</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">71</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certificates; Other Information</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">72</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notices</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">73</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payment of Taxes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">74</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preservation of Existence, Etc</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">74</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maintenance of Properties</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">74</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.07.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Maintenance of Insurance</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">75</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.08.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compliance with Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">75</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.09.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Books and Records</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">75</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.10.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Inspection Rights</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>66</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">75</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.11.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Use of Proceeds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>67</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">75</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.12.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subsidiary Guarantors</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>67</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">75</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.13.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REIT Status</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">77</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.14.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">77</U></FONT></TD></TR>
</TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in; width: 14%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.15.</FONT></TD>
    <TD STYLE="padding-left: 0.25in; width: 76%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Material Contracts</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">77</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.16.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further Assurances</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">77</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;6.17.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Anti-Corruption Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">77</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;VII</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Negative Covenants</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">77</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liens</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">78</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">78</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indebtedness</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>69</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">78</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fundamental Changes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">79</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dispositions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">79</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reserved</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">80</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.07.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Change in Nature of Business</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">80</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.08.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transactions with Affiliates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">80</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.09.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Burdensome Agreements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>71</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">80</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.10.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Use of Proceeds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">81</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.11.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial Covenants</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>72</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">81</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.12.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Organizational Documents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">82</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.13.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sanctions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">82</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.14.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sale Leasebacks</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">83</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.15.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Prepayments of Indebtedness</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">83</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.16.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Changes in Accounting</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">83</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;7.17.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Anti-Corruption Laws</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">83</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;7.18.</U></FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Enhanced Negative Covenants</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">83</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;VIII</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Events of Default and Remedies</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">84</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;8.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Events of Default</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">84</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;8.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Remedies Upon Event of Default</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">87</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;8.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Application of Funds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">87</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;IX</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Administrative Agent</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">88</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Appointment and Authority</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">88</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rights as a Lender</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">88</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exculpatory Provisions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">88</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Reliance by Administrative Agent</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">89</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Delegation of Duties</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">90</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Resignation of Administrative Agent</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">90</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.07.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Reliance on Administrative Agent and Other Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">90</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.08.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Other Duties, Etc.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">91</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.09.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Administrative Agent May&nbsp;File Proofs of Claim</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">91</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.10.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Release of Subsidiary Guarantors</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">92</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;9.11.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain ERISA Matters</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">92</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;9.10.</U></FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Recovery of Erroneous Payments</U></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">93</U></FONT></TD></TR>
</TABLE>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Article&nbsp;X</FONT></TD>
    <TD STYLE="width: 76%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Miscellaneous</FONT></TD>
    <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">93</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.01.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendments, Etc.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>83</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">93</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.02.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notices; Effectiveness; Electronic Communication</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">94</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.03.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Waiver; Cumulative Remedies; Enforcement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">97</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.04.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expenses; Indemnity; Damage Waiver</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">97</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.05.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Payments Set Aside</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>88</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">99</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.06.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Successors and Assigns</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>89</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">99</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.07.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Treatment of Certain Information; Confidentiality</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>92</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">103</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.08.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Right of Setoff</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>93</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">104</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.09.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest Rate Limitation</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">104</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.10.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Counterparts; Integration; Effectiveness</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">105</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.11.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Survival of Representations and Warranties</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">105</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.12.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Severability</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">105</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.13.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Replacement of Lenders</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">105</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.14.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governing Law; Jurisdiction; Etc.</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">106</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.15.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Waiver of Jury Trial</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">107</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.16.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Advisory or Fiduciary Responsibility</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">107</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.17.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Electronic Execution of Assignments and Certain Other Documents</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">108</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.18.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">USA PATRIOT Act</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">108</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.19.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Time of the Essence</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">108</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.20.</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Entire Agreement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">108</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.21</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acknowledgement and Consent to Bail-In of EEA Financial Institutions</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>98</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">109</U></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;10.22</FONT></TD>
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendment and Restatement</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>99</STRIKE></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">109</U></FONT></TD></TR>
  </TABLE>

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


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 15%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.01</FONT></TD>
    <TD STYLE="width: 5%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify; width: 80%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Commitments and Applicable Percentages</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.05</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Supplement to Interim Financial Statements</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.06</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Litigation</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.09</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Environmental Disclosure Items</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.12(d)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pension Plan Obligations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.13</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subsidiaries; Other Equity Investments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.21</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eligible Unencumbered Property Pool Properties</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.02(g)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investments</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.08</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transactions with Affiliates</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.09</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Negative Pledges</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.02</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Administrative Agent&rsquo;s Office; Certain Addresses for Notices</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Schedule </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.06(b)(v)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Competitors of Borrower</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Loan Notice</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">B</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Opinion Matters</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">D-1</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Term A Loan Note</STRIKE><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">[Reserved]</u></FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">D-2</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Term B Loan Note</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">E</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Compliance Certificate</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-1</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Assignment and Assumption</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">F-2</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Administrative Questionnaire</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">G</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Subsidiary Guaranty</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">H</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Intentionally Omitted</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I-1</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of U.S. Tax Compliance Certificate (For Foreign
    Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">I-2</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of U.S. Tax Compliance Certificate (For Foreign
    Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;I</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-3</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of U.S. Tax Compliance Certificate (For Foreign
    Participants That Are Partnerships For U.S. Federal Income Tax Purposes)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps">Exhibit&nbsp;I</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of U.S. Tax Compliance Certificate (For Foreign
    Lenders That Are Partnerships For U.S. Federal Income Tax Purposes)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: -2in">&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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Second
Amended and Restated Credit Agreement</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This
<FONT STYLE="font-variant: small-caps">Second Amended and Restated Credit Agreement</FONT> (this <I>&ldquo;Agreement&rdquo;</I>) is entered
into as of September&nbsp;27, 2018, among <FONT STYLE="font-variant: small-caps">Franklin Street Properties Corp.</FONT>, a Maryland
corporation (the <I>&ldquo;Borrower&rdquo;</I>), each lender from time to time party hereto either as a result of such party&rsquo;s
execution of this Agreement as a &ldquo;Lender&rdquo; as of the date hereof or as a result of such party being made a &ldquo;Lender&rdquo;
hereunder by virtue of an executed Assignment and Assumption (collectively, the <I>&ldquo;Lenders&rdquo;</I> and individually, a <I>&ldquo;Lender&rdquo;</I>)
and <FONT STYLE="font-variant: small-caps">Bank of Montreal</FONT>, as Administrative Agent.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">A.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Borrower, Bank of Montreal, as administrative agent, and certain Lenders are parties to an Amended and Restated Credit Agreement dated
as of October&nbsp;29, 2014 (the <I>&ldquo;Original Credit Agreement&rdquo;</I>), which Original Credit Agreement provides, among other
things, for a term loan to be made by the Lenders to the Borrower thereunder in the principal amount of $220,000,000.00.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">B.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
parties hereto have requested that (i)&nbsp;a portion of the existing term loan under the Original Credit Agreement be deemed a Term
A Loan and a portion be deemed a Term B Loan and (ii)&nbsp;the Original Credit Agreement be amended and restated in its entirety to provide,
among other things, for changes to the maturity date and pricing.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">C.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
term loan made under the Original Credit Agreement is fully advanced and remains outstanding under this Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Now,
Therefore</FONT><FONT STYLE="font-size: 10pt">, for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged,
the parties hereto agree to amend and restate the Original Credit Agreement in its entirety effective as of the date hereof to read as
follows:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;I</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Definitions
and Accounting Terms</B></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;1.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Defined
Terms</I>. As used in this Agreement, the following terms shall have the meanings set forth below:</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Adjusted
EBITDA&rdquo; </I>means, for the most recently ended fiscal quarter of Borrower, EBITDA of the Consolidated Parties less Capital Reserves
for all Properties for such period.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<I>Adjusted
Term SOFR</I>&rdquo; means, for any Interest Period, the per annum rate equal to the sum of (i)&nbsp;Term SOFR for such Interest Period
plus (ii)&nbsp;0.11448% (11.448 basis points) for an Interest Period of one month, 0.26161% (26.161 basis points) for an Interest Period
of three months, and 0.42826% (42.826 basis points) for an Interest Period of six months. If Adjusted Term SOFR for any applicable Interest
Period shall be less than the Floor, such rate shall be deemed to be equal to the Floor for purposes of this Agreement; provided that
the Floor for any applicable Interest Period shall not apply to any Loan (or portion thereof) with respect to which the Borrower has
entered into a corresponding Swap Contract for the amount of such Loan (or portion thereof) so long as the Borrower has notified the
Administrative Agent of such Swap Contract at least five (5)&nbsp;Business Days prior to such applicable Interest Period.</U></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Administrative
Agent&rdquo;</I> means Bank of Montreal in its capacity as administrative agent under any of the Loan Documents, or any successor administrative
agent.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Administrative
Agent&rsquo;s Office&rdquo;</I> means the Administrative Agent&rsquo;s address and, as appropriate, account as set forth on Schedule
10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Administrative
Questionnaire&rdquo;</I> means an Administrative Questionnaire in substantially the form of Exhibit&nbsp;F-2 or any other form approved
by the Administrative Agent.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: Blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Affected
Financial Institution&rdquo; </U></I></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">means (a)&nbsp;any EEA Financial Institution or (b)&nbsp;any
UK Financial Institution.</FONT></U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Affiliate&rdquo;
</I>means, at any time, and with respect to any Person, any other Person that at such time directly or indirectly through one or more
intermediaries Controls, or is Controlled by, or is under common Control with, such first Person. In no event shall Administrative Agent
or any Lender be deemed to be an Affiliate of the Borrower. Unless the context otherwise clearly requires, any reference to an &ldquo;Affiliate&rdquo;
is a reference to an Affiliate of the Borrower, and Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs
</U></FONT></FONT><FONT STYLE="font-size: 10pt">shall not be considered Affiliates of the Borrower.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Aggregate
Commitments&rdquo; </I>means the Commitments of all the Lenders.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Agreement&rdquo;
</I>means this Second Amended and Restated Credit Agreement.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>Anti-Corruption
Laws&rdquo; </I>means all laws, rules&nbsp;and regulation of any jurisdiction applicable to Borrower or its Subsidiaries from time to
time concerning or relating to bribery or corruption.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Applicable
Percentage&rdquo; </I>means, for any Lender, its Term <FONT STYLE="color: red"><STRIKE>A</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>B
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan Percentage <FONT STYLE="color: red"><STRIKE>or Term B Loan Percentage, as applicable;
and where the term <I>&ldquo;Applicable Percentage&rdquo; </I>is applied on an aggregate basis, such aggregate percentage shall be calculated
by aggregating the separate components of the Term A Loan Percentage and Term B Loan Percentage and expressing such components on a single
percentage basis</STRIKE></FONT>. The initial Applicable Percentage of each Lender is set forth opposite the name of such Lender on Schedule
2.01.</FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Applicable
Rate&rdquo; </I>means, from time to time, the following percentages per annum<FONT STYLE="color: red"><STRIKE>, based upon the Borrower&rsquo;s
Credit Rating pursuant to the following grid:</STRIKE></FONT> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)&nbsp;with
respect to Adjusted Term SOFR, 3.00% (the <I>&ldquo;SOFR Margin&rdquo;</I>) and (ii)&nbsp;with respect to the Base Rate, 2.00% (the <I>&ldquo;Base
Rate Margin&rdquo;</I>).</U></FONT></FONT></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 90%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: bottom; background-color: white">
    <TD STYLE="font-size: 10pt; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>Level</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 27%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>Credit
    Rating</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>Eurodollar
    Rate Margin and Letters of Credit</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 35%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-variant: small-caps; color: red"><STRIKE>Base
    Rate Margin</STRIKE></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top; background-color: white">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>I</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>A-/A3
    (or higher)</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>85.0
    bps</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>00.0
    bps</STRIKE></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top; background-color: white">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>II</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>BBB+/Baa1</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>90.0
    bps</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>00.0
    bps</STRIKE></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top; background-color: white">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>III</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>BBB/Baa2</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>100.0
    bps</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>00.0
    bps</STRIKE></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top; background-color: white">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>IV</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>BBB-/Baa3</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>125.0
    bps</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>25.0
    bps</STRIKE></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top; background-color: white">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>V</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>&lt;BBB-/Baa3</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>165.0
    bps</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>65.0
    bps</STRIKE></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>During
any period that the Borrower has two Credit Ratings that are not equivalent, then the Applicable Rate will be determined based on the
higher rating. During any period that the Borrower only has one Credit Rating, then the Applicable Rate will be determined based on that
Credit Rating. During any period that the Borrower has no Credit Rating, then the Applicable Rate will be determined based on Level V
of the grid immediately above. Any change in the Borrower&rsquo;s Credit Rating which would cause it to move to a different Level shall
be effective as of the first day of the first calendar month immediately following such change.</STRIKE></FONT></P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Assignee
Group&rdquo; </I>means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the
same investment advisor.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Assignment
and Assumption&rdquo;</I> means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the consent of any
party whose consent is required by Section&nbsp;10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit&nbsp;F-1
or any other form (including electronic documentation generated by use of an electronic platform) approved by the Administrative Agent.</FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Attributable
Indebtedness&rdquo; </I>means, on any date, (a)&nbsp;in respect of any capital lease 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 payments under the relevant lease that would appear on a balance sheet
of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a capital lease.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Audited
Financial Statements&rdquo;</I> means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year
ended December&nbsp;31, <FONT STYLE="color: red"><STRIKE>2017</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>2021</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Available
Tenor&rdquo;</U></I></FONT> <FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>means,
as of any date of determination and with respect to the then-current Benchmark, as applicable, (x)&nbsp;if such Benchmark is a term rate,
any tenor for such Benchmark (or component thereof) that is or may be used for determining the length of an interest period pursuant
to this Agreement or (y)&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 interest calculated with reference to such Benchmark, in each
case, as of such date and not including</U></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
for the avoidance of doubt, </U></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>any
tenor for such Benchmark that is then-removed from the definition of &ldquo;Interest Period&rdquo; pursuant to Section&nbsp;3.07(d).</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Bail-In
Action&rdquo; </I>means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of
any liability of an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Financial Institution.<FONT STYLE="color: red"><STRIKE>&rdquo;</STRIKE></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Bail-In
Legislation&rdquo; </I>means, <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)&nbsp;</U></FONT></FONT><FONT STYLE="font-size: 10pt">with
respect to any EEA Member Country implementing Article&nbsp;55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
rule, regulation or requirement</U></FONT></FONT> <FONT STYLE="font-size: 10pt">for such EEA Member Country from time to time which is
described in the EU Bail-In Legislation Schedule<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
and (b)&nbsp;with respect to the United Kingdom, Part&nbsp;I of the United Kingdom Banking Act 2009 (as amended from time to time) and
any other law, regulation or rule&nbsp;applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment
firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings)</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Bank
of America Loan Documents&rdquo;</I> means that certain <FONT STYLE="color: red"><STRIKE>Second Amended and Restated</STRIKE></FONT>
Credit Agreement, dated as of <FONT STYLE="color: red"><STRIKE>October</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>January</U></FONT></FONT><FONT STYLE="font-size: 10pt; color: red"><STRIKE>&nbsp;29</STRIKE></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>10</U></FONT><FONT STYLE="font-size: 10pt">,
<FONT STYLE="color: red"><STRIKE>2014</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>2022</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
as amended by that certain First Amendment to <FONT STYLE="color: red"><STRIKE>Second Amended and Restated </STRIKE></FONT>Credit Agreement,
dated as of <FONT STYLE="color: red"><STRIKE>July</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>February</U></FONT></FONT><FONT STYLE="font-size: 10pt; color: red"><STRIKE>&nbsp;21</STRIKE></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>10</U></FONT><FONT STYLE="font-size: 10pt">,
<FONT STYLE="color: red"><STRIKE>2016 and that certain Second Amendment to Second Amended and Restated Credit Agreement, dated as of
October&nbsp;18, 2017</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>2023</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
as further amended from time to time, by and among, inter alia, Borrower and Bank of America, N.A. and the documents, instruments and
agreements <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>executed
</U></FONT></FONT><FONT STYLE="font-size: 10pt">in connection therewith.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Base
Rate&rdquo; </I>means<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT></FONT><FONT STYLE="font-size: 10pt">for any day<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT></FONT><FONT STYLE="font-size: 10pt">a fluctuating rate per annum equal to the highest of<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>:
</U></FONT></FONT><FONT STYLE="font-size: 10pt">(a)&nbsp;the Federal Funds Rate plus <FONT STYLE="color: red"><STRIKE>1/2</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&frac12;
</U></FONT></FONT><FONT STYLE="font-size: 10pt">of 1%, (b)&nbsp;the rate of interest announced or otherwise established by the Administrative
Agent from time to time as its prime commercial rate, or its equivalent, for U.S. Dollar loans to borrowers located in the United States
as in effect on such day, with any change in the Base Rate resulting from a change in said prime commercial rate to be effective as of
the date of the relevant change in said prime commercial rate (it being acknowledged and agreed that such rate may not be the Administrative
Agent&rsquo;s best or lowest rate), and (c)&nbsp;the <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>sum
of (i)&nbsp;Term SOFR for a </U></FONT></FONT><FONT STYLE="font-size: 10pt">one<FONT STYLE="color: red"><STRIKE>-</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>-</U></FONT></FONT><FONT STYLE="font-size: 10pt">month
<FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>tenor
in effect on such day plus (ii)&nbsp;1.00%. Any change in the Base Rate due to a change in the prime rate, the quoted federal funds rates
or Term SOFR, as applicable, shall be effective from and including the effective date of the change in such rate. If the Base Rate is
being used as an alternative rate of interest pursuant to Sections 3.03 or 3.07, then the Base Rate shall be the greater of clauses (a)&nbsp;and
(b)&nbsp;above and shall be determined without reference to clause (c)&nbsp;above, provided that if Base Rate as determined above shall
ever be less than the Floor <I>plus</I> 1.00%, then Base Rate shall be deemed to be the Floor</U></FONT></FONT> <FONT STYLE="font-size: 10pt"><I>plus
</I>1.00%.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Base
Rate Loan&rdquo; </I>means a Loan that bears interest based on the Base Rate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<I>Benchmark</I>&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 Section&nbsp;3.07.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Benchmark
Replacement&rdquo; </U></I></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"> means the first alternative set forth in the order below that can
be determined by the Administrative Agent for the applicable Benchmark Replacement Date,</u></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
sum of (i)&nbsp;Daily Simple SOFR plus (ii)&nbsp;0.11448% (11.448 basis points); or</u></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
sum of: (i)&nbsp;the alternate benchmark rate that has been selected by the Administrative Agent and the Borrower giving due consideration
to (A)&nbsp;any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant
Governmental Body or (B)&nbsp;any evolving or then-prevailing market convention for determining a benchmark rate as a replacement to
the then-current Benchmark for Dollar-denominated syndicated credit facilities and (ii)&nbsp;the related Benchmark Replacement Adjustment.</u></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>If
the Benchmark Replacement as determined pursuant to clause (a)&nbsp;or (b)&nbsp;above would be less than the Floor, the Benchmark Replacement
will be deemed to be the Floor for the purposes of this Agreement and the other Loan Documents.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Benchmark
Replacement Adjustment&rdquo;</U></I></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"> means, with respect to any replacement of the then-current
Benchmark with an Unadjusted Benchmark Replacement, the spread adjustment, or method for calculating or determining such spread adjustment,
(which may be a positive or negative value or zero) that has been selected by the Administrative Agent and the Borrower giving due consideration
to (a)&nbsp;any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment,
for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body or (b)&nbsp;any
evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread
adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for Dollar-denominated syndicated
credit facilities.</u></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Benchmark
Replacement Date&rdquo;</U></I></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"> means the earliest to occur of the following events with
respect to the then-current Benchmark:</u></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the case of clause (a)&nbsp;or (b)&nbsp;of the definition of &ldquo;Benchmark Transition Event&rdquo;, the later of (i)&nbsp;the date
of the public statement or publication of information referenced therein and (ii)&nbsp;the date on which the administrator of such Benchmark
(or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such
Benchmark (or such component thereof); or</u></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 no longer representative; provided, that such non-representativeness or non-compliance 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; 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 in the case of clause (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></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Benchmark
Transition Event&rdquo; </U></I></FONT><U><FONT STYLE="font-size: 10pt">means the occurrence of one or more of the following events with
respect to the then-current Benchmark:</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component used
in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark
(or such component thereof), permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor
administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof);</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
public statement or publication of information by the regulatory supervisor for the administrator of such Benchmark (or the published
component used in the calculation thereof), the Federal Reserve Board, the Federal Reserve Bank of New York, an insolvency official with
jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator
for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator
for such Benchmark (or such component), which states that the administrator of such Benchmark (or such component) has ceased or will
cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, provided that, at the
time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such
Benchmark (or such component thereof); or</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
public statement or publication of information by or on behalf of the administrator of such Benchmark (or the published component used
in the calculation thereof) or the regulatory supervisor for the administrator of such Benchmark (or such component thereof) announcing
that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as of a specified future date will no longer
be, representative.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>For
the avoidance of doubt, a &ldquo;Benchmark Transition Event&rdquo; will be deemed to have occurred with respect to any Benchmark if a
public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such
Benchmark (or the published component used in the calculation thereof).</U></FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Benchmark
Unavailability Period&rdquo;</U></I></FONT><U> <FONT STYLE="font-size: 10pt">means the period (if any) (a)&nbsp;beginning at the time
that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for
all purposes hereunder and under any Loan Document in accordance with Section&nbsp;3.07 and (b)&nbsp;ending at the time that a Benchmark
Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section&nbsp;3.07.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Beneficial
Ownership Regulation&rdquo; </I>means 31 C.F.R. &sect; 1010.230.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Benefit
Plan&rdquo; </I>means any of (a)&nbsp;an &ldquo;employee benefit plan&rdquo; (as defined in Section&nbsp;3(3)&nbsp;of ERISA) that is
subject to Title I of ERISA, (b)&nbsp;a &ldquo;plan&rdquo; as defined in Section&nbsp;4975 of the Code to which Section&nbsp;4975 of
the Code applies, and (c)&nbsp;any Person whose assets include (for purposes of the Plan Asset Regulations or otherwise for purposes
of Title I of ERISA or Section&nbsp;4975 of the Code) the assets of any such &ldquo;employee benefit plan&rdquo; or &ldquo;plan&rdquo;.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;BMO&rdquo;
</I>means Bank of Montreal and its successors.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Borrower&rdquo;
</I>has the meaning specified in the introductory paragraph hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Borrower
Materials&rdquo; </I>has the meaning specified in Section&nbsp;6.02.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Borrowing&rdquo;
</I>means a borrowing consisting of a Loan and, in the case of <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans, having the same Interest Period made by each of the Lenders pursuant to Section&nbsp;2.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Business
Day&rdquo; </I>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 state where the Administrative Agent&rsquo;s Office is located <FONT STYLE="color: red"><STRIKE>and,
if such day relates to any Eurodollar Rate Loan, means any such day that is also a London Banking Day</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Capitalization
Rate&rdquo;</I> means six and three-quarters percent (6.75%) for each CBD or Urban Infill Property and seven and one-half percent (7.50%)
for each Suburban Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Capital
Reserve&rdquo; </I>means for any period and with respect to a Property (other than any Projects Under Development), an amount equal to
the product of (i)&nbsp;the gross leaseable area contained in such Property (in square feet), multiplied by (ii)&nbsp;$0.30 per annum.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Cash
Collateral&rdquo; </I>has the meaning set forth in clause (vi)&nbsp;of the definition of Permitted Liens.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Cash
Equivalents&rdquo; </I>means (a)&nbsp;securities issued or directly and fully guaranteed or insured by the United States of America or
any agency or instrumentality thereof (<I>provided</I> that the full faith and credit of the United States of America is pledged in support
thereof) having maturities of not more than twelve (12) months from the date of acquisition, (b)&nbsp;U.S. dollar denominated time deposits
and certificates of deposit of (i)&nbsp;any Lender, (ii)&nbsp;any United States or Canadian commercial bank of recognized standing having
capital and surplus in excess of $500,000,000 or (iii)&nbsp;any bank whose short-term commercial paper rating from S&amp;P is at least
A-2 or the equivalent thereof or from Moody&rsquo;s is at least P-2 or the equivalent thereof (any such bank being an &ldquo;Approved
Bank&rdquo;), in each case with maturities of not more than two (2)&nbsp;years from the date of acquisition, (c)&nbsp;commercial paper
and variable or fixed rate notes issued by any Approved Bank (or by the parent company thereof) or any variable rate commercial paper
or notes issued by, or guaranteed by, any domestic corporation rated A-2 (or the equivalent thereof) or better by S&amp;P or P-2 (or
the equivalent thereof) or better by Moody&rsquo;s and maturing within one (1)&nbsp;year of the date of acquisition, (d)&nbsp;repurchase
agreements with a bank or trust company (including any of the Lenders) or recognized securities dealer having capital and surplus in
excess of $500,000,000 for direct obligations issued by or fully guaranteed by the United States of America in which any Consolidated
Party shall have a perfected first priority security interest (subject to no other Liens) and having, on the date of purchase thereof,
a fair market value of at least 100% of the amount of the repurchase obligations and (e)&nbsp;Investments, classified in accordance with
GAAP as current assets, in money market investment programs registered under the Investment Company Act of 1940, as amended, which are
administered by reputable financial institutions having capital of at least $50,000,000 and the portfolios of which invest principally
in Investments of the character described in the foregoing subdivisions (a)&nbsp;through (d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;CBD
or Urban Infill Property</I>&rdquo; means (a)&nbsp;any Property listed on Schedule 5.21 and identified as a CBD or Urban Infill Property,
or (b)&nbsp;any other improved Property which is located in markets with characteristics similar to those identified in clause (a)&nbsp;and
is designated by the Administrative Agent and the Borrower as a CBD or Urban Infill Property from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Change
in Law&rdquo; </I>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, promulgation,
implementation, interpretation or application thereof by any Governmental Authority or (c)&nbsp;the making or issuance of any request,
guideline or directive (whether or not having the force of law) by any Governmental Authority (including, without limitation, all requests,
rules, guidelines or directives in connection with Dodd-Frank Wall Street Reform and Consumer Protection Act regardless of the date enacted,
adopted or issued). Notwithstanding the foregoing, for purposes of this Agreement, all requests, rules, guidelines or directives in connection
with the Dodd-Frank Wall Street Reform and Consumer Protection Act shall be deemed to be a Change in Law regardless of the date enacted,
adopted, implemented or issued and all requests, rules, guidelines or directives promulgated by the Bank for International Settlements,
the Basel Committee on Banking Regulations and Supervisory Practices (or any successor or similar authority) or the United States financial
regulatory authorities shall be deemed to be a Change in Law regardless of the date adopted, issued, promulgated or implemented.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Change
of Control&rdquo; </I>means: (a)&nbsp;an event or series of related events by which 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) 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, whether such right is exercisable immediately or only after the passage of time (such right, an <I>&ldquo;option
right&rdquo;</I>)), directly or indirectly, of 30% or more of the equity securities of Borrower entitled to vote for members of the board
of directors or equivalent governing body of Borrower on a fully-diluted basis (and taking into account all such securities that such
person or group has the right to acquire pursuant to any option right); or</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
event or series of events by which during any period of twelve (12) consecutive months, a majority of the members of the board of directors
or other equivalent governing body of 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 (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 (in each case, such approval either by a specific vote or by approval
of the Borrower&rsquo;s proxy statement in which such member was named as a nominee for election as a director).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Closing
Date&rdquo; </I>means the first date all the conditions precedent in Section&nbsp;4.01 are satisfied or waived in accordance with Section&nbsp;10.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Code&rdquo;
</I>means the Internal Revenue Code of 1986, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Commitment&rdquo;
</I>means <FONT STYLE="color: red"><STRIKE>the Term A Loan Commitments and</STRIKE></FONT> the Term B Loan Commitments.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Compliance
Certificate&rdquo; </I>means a certificate substantially in the form of Exhibit&nbsp;E.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt"><B><I><U>&ldquo;</U></I></B><I><U>Conforming
Changes<B>&rdquo;</B></U></I><U> means with respect to either the use or administration of Term SOFR or the use, administration, adoption
or implementation of any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition
of &ldquo;Base Rate,&rdquo; the definition of &ldquo;Business Day,&rdquo; the definition of &ldquo;Interest Period,&rdquo; the definition
of &ldquo;U.S. Government Securities Business Day&rdquo;, the timing and frequency of determining rates and making payments of interest,
the timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods,
the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides
may be appropriate to reflect the adoption and implementation of any such rate or to permit the use and administration thereof by the
Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption
of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice
for the administration of any such rate exists, in such other manner of administration as the Administrative Agent decides is reasonably
necessary in connection with the administration of this Agreement and the other Loan Documents).</U></FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Consolidated
Parties&rdquo; </I>means a collective reference to Borrower and its consolidated Subsidiaries, as determined in accordance with GAAP;
and &ldquo;Consolidated Party&rdquo; means any one of them. Sponsored REITS shall be deemed not included as Consolidated Parties under
this Agreement and the Loan Documents<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>;
provided that the financial statements required to be delivered pursuant to Sections 6.01(a)&nbsp;and (b)&nbsp;may, to the extent required
by GAAP, be prepared on a consolidated basis that includes any Sponsored REITs</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Contractual
Obligation&rdquo; </I>means, as to any Person, any material provision of any material security issued by such Person or of any material
agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Control&rdquo;
</I>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. <I>&ldquo;Controlling&rdquo;</I> and <I>&ldquo;Controlled&rdquo;
</I>have meanings correlative thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Credit
Extension&rdquo; </I>means a Borrowing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;<FONT STYLE="color: red"><STRIKE>Credit
Rating&rdquo;</STRIKE></FONT></I><FONT STYLE="color: red"><STRIKE> means the rating assigned by a Rating Agency to the Borrower or to
senior unsecured long term Indebtedness of the Borrower</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>Daily
Simple SOFR&rdquo;</U></I></FONT></FONT><U> <FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">means,
for any day, SOFR, with the conventions for this rate (which will include a lookback) being established by the Administrative Agent in
accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining &ldquo;Daily
Simple SOFR&rdquo; for syndicated business loans; provided, that if the Administrative Agent decides that any such convention is not
administratively feasible for the Administrative Agent, then the Administrative Agent may establish another convention in its reasonable
discretion</FONT></U><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Debtor
Relief Laws&rdquo; </I>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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Default&rdquo;
</I>means any event or condition that with the giving of any notice, the passage of time, or both, would be an Event of Default.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Default
Rate&rdquo; </I>means an interest rate equal to (i)&nbsp;the Base Rate plus (ii)&nbsp;any Applicable Rate applicable to Base Rate Loans
plus (iii)&nbsp;2% per annum; <I>provided, however,</I> that with respect to a <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan, the Default Rate shall be an interest rate equal to the interest rate (including
any Applicable Rate) otherwise applicable to such Loan plus 2% per annum.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Defaulting
Lender&rdquo; </I>means, subject to Section&nbsp;2.18(b), any Lender that, as determined by the Administrative Agent, (a)&nbsp;has failed
to perform any of its funding obligations hereunder, including in respect of its Loans, within three Business Days of the date required
to be funded by it hereunder unless such Lender notifies the Administrative Agent or the Borrower in writing that such failure is the
result of such Lender&rsquo;s determination that one or more conditions precedent to funding set forth in Section&nbsp;4.02 (each of
which conditions precedent, together with any applicable default, shall be specifically identified in writing) has not been satisfied,
(b)&nbsp;has notified the Borrower or the Administrative Agent in writing that it does not intend to comply with its funding obligations
(unless such writing states that such position is based on such Lender&rsquo;s determination that a condition precedent to funding in
Section&nbsp;4.02 (which condition precedent, together with any applicable default, shall be specifically identified in such writing)
cannot be satisfied), (c)&nbsp;has failed, within three Business Days after request by the Administrative Agent, to confirm in a manner
satisfactory to the Administrative Agent that it will comply with its funding obligations, or (d)&nbsp;has, or has a direct or indirect
parent company that has, (i)&nbsp;become the subject of a proceeding under any Debtor Relief Law, (ii)&nbsp;had a receiver, conservator,
trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business
or a custodian appointed for it including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority
acting in such capacity, (iii)&nbsp;taken any action in furtherance of, or indicated its consent to, approval of or acquiescence in any
such proceeding or appointment, or (iv)&nbsp;become the subject of a Bail-In Action; <I>provided</I> 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 Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a)&nbsp;through
(d)&nbsp;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 Section&nbsp;2.18(b)) as of the date established therefor by the Administrative Agent
in a written notice of such determination, which shall be delivered by the Administrative Agent to the Borrower and each other Lender
promptly following such determination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Designated
Jurisdiction&rdquo; </I>means any country or territory to the extent that such country or territory itself is the subject of any Sanction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Designated
Person&rdquo; </I>means a Person (a)&nbsp;listed in the annex to, or otherwise subject to the provisions of, any Executive Order imposing
Sanctions; (b)&nbsp;named as a &ldquo;Specially Designated National and Blocked Person&rdquo; (an <I>&ldquo;SDN&rdquo;</I>) on the most
current list published by OFAC at its official website or any replacement website or other replacement official publication of such list
(the <I>&ldquo;SDN List&rdquo;</I>) or is otherwise the subject of any Sanctions; or (c)&nbsp;in which a Person on the SDN List has 50%
or greater ownership interest or that is otherwise controlled by an SDN.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Disposition&rdquo;
</I>or <I>&ldquo;Dispose&rdquo;</I> means the sale, transfer, license, lease (including any ground lease) or other disposition (including
any sale and leaseback transaction but excluding any real estate space lease made in a property by a Person in the normal course of such
Person&rsquo;s business operations) of any property 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. For the avoidance of doubt, any
assignment or other disposition for collateral or security purposes shall not constitute a Disposition under this Agreement and the other
Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Documentation
Agent&rdquo; </I>means Capital One Bank National Association and Regions Bank, each in its capacity as documentation agent, or any successor
documentation 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Dollar&rdquo;
</I>and <I>&ldquo;$&rdquo; </I>mean lawful money of the United States.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;EBITDA&rdquo;
</I>means for the Consolidated Parties, for the most recently ended fiscal quarter of Borrower, without duplication, the sum of (a)&nbsp;net
income of the Consolidated Parties, in each case, excluding any non-recurring or extraordinary gains and losses and Hedge Ineffectiveness
for such period (but including syndication fees), plus (b)&nbsp;an amount which, in the determination of net income for such period pursuant
to clause (a)&nbsp;above, has been deducted for or in connection with (i)&nbsp;Interest Expense (plus, amortization of deferred financing
costs, to the extent included in the determination of Interest Expense per GAAP), (ii)&nbsp;income taxes, and (iii)&nbsp;depreciation
and amortization, all determined in accordance with GAAP for the prior quarter plus (c)&nbsp;the Consolidated Parties&rsquo; Equity Percentage
of the above attributable to Unconsolidated Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;EEA
Financial Institution</I>&rdquo; means (a)&nbsp;any credit institution or investment firm established in any EEA Member Country which
is subject to the supervision of an EEA Resolution Authority, (b)&nbsp;any entity established in an EEA Member Country which is a parent
of an institution described in clause (a)&nbsp;of this definition, or (c)&nbsp;any financial institution established in an EEA Member
Country which is a Subsidiary of an institution described in clauses (a)&nbsp;or (b)&nbsp;of this definition and is subject to consolidated
supervision with its parent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;EEA
Member Country&rdquo; </I>means any of the member states of the European Union,&nbsp;Iceland, Liechtenstein, and Norway.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;EEA
Resolution Authority&rdquo;</I> 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 <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>credit
institution or investment firm established in any</U></FONT></FONT> <FONT STYLE="font-size: 10pt">EEA <FONT STYLE="color: red"><STRIKE>Financial
Institution</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Member
Country</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Eligible
Assignee&rdquo; </I>means any Person that meets the requirements to be an assignee under Section&nbsp;10.06(b)(iii), and (v)&nbsp;(subject
to such consents, if any, as may be required under Section&nbsp;10.06(b)(iii)).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Eligible
Unencumbered Property Pool&rdquo;</I> means, collectively, Properties of the Borrower and its Wholly-Owned Subsidiaries and any 1031
Intermediary (other than unimproved land) each of which Properties meets the following criteria:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Property is 100% fee owned (or ground leased) by Borrower or any Wholly-Owned Subsidiary or any 1031 Intermediary (ground leases to be
Financeable Ground Leases approved by the Administrative Agent in its reasonable discretion, provided, however, that ground leases of
real property ancillary to the primary use of a Property (such as a ground lease of parking facilities ancillary to a Property owned
in fee by a Borrower) shall not require approval by the Administrative Agent);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Property is primarily an industrial, office, flex, or apartment property;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Property is located in the continental United States;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Property or ownership thereof is not subject to any Liens or Negative Pledges except for liens (and under documents related thereto)
specified in subsections (i)-(v), inclusive, of the definition of Permitted Liens and the owner of the Property does not have any Recourse
Indebtedness (unless such owner is Borrower);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
owner of the Property has the right to sell, transfer or dispose of such Property, provided that if any such Property is subject to a
Financeable Ground Lease approved by Administrative Agent the owner shall be deemed to have the right to sell, transfer or dispose of
such Property if the lessor is required to approve of or consent to any sale, transfer or disposition based on reasonable objective criteria
as to the creditworthiness or line of business of the transferee or delivery of customary assignment and assumption agreements from the
transferor and transferee; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Property is free of all structural defects or major architectural deficiencies, title defects, Environmental Liability or other adverse
matters that would materially impair the value of the Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Embedded
Derivative</STRIKE></I><STRIKE>&rdquo; is in the definition of Eurodollar Rate that states &ldquo;If the Eurodollar Rate shall be less
than zero, such rate shall be deemed zero for purposes of this Agreement&rdquo;. The Embedded Derivative resulted in Hedge Ineffectiveness,
which is calculated quarterly.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Environmental
Complaint&rdquo; </I>means any complaint, order, demand, citation or notice threatened or issued in writing to any Consolidated Party
by any Governmental Authority with regard to Releases or noise emissions in violation of Environmental Laws or any other alleged violation
of Environmental Laws affecting any Consolidated Party or any of their respective Properties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Environmental
Laws&rdquo; </I>means any and all federal, state and local statutes, laws, regulations, ordinances, governmental restrictions, rules&nbsp;and
judgments, orders or decrees of any Governmental Authority with jurisdiction over the Property of a Consolidated Party relating to pollution
and the protection of the environment from contamination by, 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Environmental
Liability&rdquo; </I>means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation,
fines, penalties or indemnities), of any Consolidated Party directly or indirectly resulting from or based upon (a)&nbsp;violation of
any Environmental Law, (b)&nbsp;the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials
on or from the Property of a Consolidated Party, or (c)&nbsp;the release or threatened release of any Hazardous Materials into the environment
from a Property of a Consolidated Party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Equity
Interests&rdquo; </I>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, all of the securities convertible into or exchangeable for 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 nonvoting, and whether or not such shares, warrants, options, rights or other interests
are outstanding on any date of determination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Equity
Percentage&rdquo; </I>means, with respect to any Person, the aggregate ownership percentage of such Person in each Unconsolidated Affiliate,
which shall be calculated as follows: (a)&nbsp;for calculation of Indebtedness or liabilities, such Person&rsquo;s nominal capital ownership
interest in the Unconsolidated Affiliate as set forth in the Unconsolidated Affiliate&rsquo;s organizational documents, or, if greater,
the amount or percentage of such items allocated to such Person, or for which such Person is directly or indirectly responsible, pursuant
to the terms of the applicable joint venture agreement (or similar governing agreement) or applicable law and (b)&nbsp;for all other
purposes, the greater of (i)&nbsp;such Person&rsquo;s nominal capital ownership interest in the Unconsolidated Affiliate as set forth
in the Unconsolidated Affiliate&rsquo;s organizational documents, and (ii)&nbsp;such Person&rsquo;s economic ownership interest in the
Unconsolidated Affiliate, reflecting such Person&rsquo;s share of income and expenses of the Unconsolidated Affiliate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;ERISA&rdquo;
</I>means the Employee Retirement Income Security Act of 1974, as amended, and the rules&nbsp;and regulations promulgated thereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;ERISA
Affiliate&rdquo; </I>means any trade or business (whether or not incorporated) under common control with the Borrower within the meaning
of Section&nbsp;414(b)&nbsp;or (c)&nbsp;of the Code (and Sections 414(m)&nbsp;and (o)&nbsp;of the Code for purposes of provisions relating
to Section&nbsp;412 of the Code).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;ERISA
Event&rdquo; </I>means (a)&nbsp;a Reportable Event with respect to a Pension Plan; (b)&nbsp;the withdrawal of the Borrower or any ERISA
Affiliate from a Pension Plan subject to Section&nbsp;4063 of ERISA during a plan year in which such entity was a &ldquo;substantial
employer&rdquo; as defined in Section&nbsp;4001(a)(2)&nbsp;of ERISA or a cessation of operations that is treated as such a withdrawal
under Section&nbsp;4062(e)&nbsp;of ERISA; (c)&nbsp;a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer
Plan or notification that a Multiemployer Plan is in reorganization; (d)&nbsp;the filing of a notice of intent to terminate, the treatment
of a Pension Plan amendment as a termination under Section&nbsp;4041 or 4041A of ERISA; (e)&nbsp;the institution by the PBGC of proceedings
to terminate a Pension Plan; (f)&nbsp;any event or condition which constitutes grounds under Section&nbsp;4042 of ERISA for the termination
of, or the appointment of a trustee to administer, any Pension Plan; (g)&nbsp;the determination that any Pension Plan is considered an
at-risk plan or a plan 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; or (h)&nbsp;the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent
under Section&nbsp;4007 of ERISA, upon the Borrower or any ERISA Affiliate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;EU
Bail-In Legislation Schedule&rdquo;</I> means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor
person), as in effect from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Eurodollar
Base Rate&rdquo;</STRIKE></I><STRIKE> has the meaning specified in the definition of Eurodollar Rate.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Eurodollar
Rate&rdquo;</STRIKE></I><STRIKE> means for any Interest Period with respect to a Eurodollar Rate Loan, a rate per annum determined by
the Administrative Agent pursuant to the following formula:</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; background-color: white">
    <TD ROWSPAN="2" STYLE="font-size: 10pt; width: 31%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Eurodollar
    Rate</STRIKE></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-size: 10pt; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>=</STRIKE></FONT></TD>
    <TD STYLE="font-size: 10pt; vertical-align: top; width: 62%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>Eurodollar
    Base Rate</STRIKE></FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top; background-color: white">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: red"><STRIKE>1.00
    &ndash; Eurodollar Reserve Percentage</STRIKE></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>If
the Eurodollar Rate for any applicable Interest Period shall be less than zero, such rate shall be deemed zero for purposes of this Agreement;
<I>provided</I> that this floor of zero for any applicable Interest Period shall not apply to any Loan (or portion thereof) with respect
to which the Borrower has entered into a corresponding Swap Contract for the amount of such Loan (or portion thereof) so long as the
Borrower has notified the Administrative Agent of such Swap Contract at least five (5)&nbsp;Business Days prior to such applicable Interest
Period.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>Where,</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Eurodollar
Base Rate&rdquo; </STRIKE></I><STRIKE>means:</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt"><STRIKE>(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;for
such Interest Period, the rate per annum equal to the London Interbank Offered Rate (<I>&ldquo;LIBOR&rdquo;</I>) or a comparable or successor
rate, which rate is approved by the Administrative Agent, as published on the applicable Bloomberg screen page&nbsp;(or such other commercially
available source providing such quotations as may be designated by the Administrative Agent from time to time) at approximately 11:00
a.m., London time, two London Banking Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the
first day of such Interest Period) with a term equivalent to such Interest Period;</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt"><STRIKE>(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;for
any interest calculation with respect to a Base Rate Loan on any date, the rate per annum equal to LIBOR, at or about 11:00 a.m., London
time determined two London Banking Days prior to such date for U.S. Dollar deposits with a term of one month commencing that day; and</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt"><STRIKE>(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
the Eurodollar Base Rate shall be less than zero, such rate shall be deemed zero for purposes of this Agreement, <I>provided</I> that
this floor of zero for any applicable Interest Period shall not apply to any Loan (or portion thereof) with respect to which the Borrower
has entered into a corresponding Swap Contract for the amount of such Loan (or portion thereof) so long as the Borrower has notified
the Administrative Agent of such Swap Contract at least five (5)&nbsp;Business Days prior to such applicable Interest Period;</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>provided
</STRIKE></I><STRIKE>that to the extent a comparable or successor rate is approved by the Administrative Agent in connection herewith,
the approved rate shall be applied in a manner consistent with market practice; <I>provided, further</I> that to the extent such market
practice is not administratively feasible for the Administrative Agent, such approved rate shall be applied in a manner as otherwise
reasonably determined by the Administrative Agent.</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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Eurodollar
Reserve Percentage&rdquo;</STRIKE></I><STRIKE> means, for any day during any Interest Period, the reserve percentage (expressed as a
decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued
from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal
reserve requirement) with respect to Eurocurrency funding (currently referred to as &ldquo;Eurocurrency liabilities&rdquo;). The Eurodollar
Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar
Reserve Percentage.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="color: Red"><I><STRIKE>&ldquo;Eurodollar
Rate </STRIKE></I></FONT><I><FONT STYLE="color: rgb(0,192,0)"><STRIKE>Loan&rdquo;</STRIKE></FONT></I><FONT STYLE="color: rgb(0,192,0)"><STRIKE>
means a Loan that bears interest based on </STRIKE></FONT><FONT STYLE="color: Red"><STRIKE>clause (a)&nbsp;of the definition of Eurodollar Base Rate.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Event
of Default&rdquo; </I>has the meaning specified in Section&nbsp;8.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Excluded
Subsidiary&rdquo; </I>means, as of any date of determination, (a)&nbsp;any Subsidiary that is not a Wholly-Owned Subsidiary of the Borrower,
(b)&nbsp;any Subsidiary that is an Immaterial Subsidiary, and (c)&nbsp;any Subsidiary (i)&nbsp;that holds title to assets which are collateral
for any Secured Indebtedness of such Subsidiary or which is a Subsidiary that is a single asset entity and has incurred or assumed Nonrecourse
Indebtedness; and (ii)&nbsp;which is prohibited from guarantying or otherwise being liable for the Indebtedness of any other person pursuant
to (x)&nbsp;any document, instrument or agreement evidencing such Secured Indebtedness or Nonrecourse Indebtedness or (y)&nbsp;a provision
of such Subsidiary&rsquo;s organizational documents which provision was included in such Subsidiary&rsquo;s organizational documents
as a condition to the extension of such Secured Indebtedness or Nonrecourse Indebtedness.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Excluded
Taxes&rdquo; </I>means, with respect to the Administrative Agent, any Lender or any other recipient of any payment to be made by or on
account of any obligation of the Borrower hereunder, (a)&nbsp;Taxes imposed on or measured by its overall net income (however denominated),
and franchise Taxes imposed on it (in addition to or in lieu of net income Taxes), by the jurisdiction (or any political subdivision
thereof) under the Laws of which such recipient is organized or in which its principal office is located or, in the case of any Lender,
in which its applicable Lending Office is located or by any jurisdiction as a result of a present or former connection between such recipient
and the jurisdiction imposing such Tax (or any political subdivision thereof), other than any such connection arising solely from such
recipient having executed, delivered or performed its obligations or received a payment under, or enforced, this Agreement or any other
Loan Document, (b)&nbsp;any branch profits Taxes imposed by the United States or any similar Tax imposed by any other jurisdiction in
which the Borrower is located, (c)&nbsp;any backup withholding Tax that is required by the Code to be withheld from amounts payable to
a Lender that has failed to comply with Section&nbsp;3.01(e), (d)&nbsp;in the case of a Foreign Lender (other than an assignee pursuant
to a request by the Borrower under Section&nbsp;10.13), any withholding Tax that (i)&nbsp;is required to be imposed on amounts payable
to such Foreign Lender pursuant to the Laws in force at the time such Foreign Lender becomes a party hereto (or designates a new Lending
Office) or (ii)&nbsp;is attributable to such Foreign Lender&rsquo;s failure or inability (other than as a result of a Change in Law)
to comply with Section&nbsp;3.01(e), except to the extent that such Foreign Lender (or its assignor, if any) was entitled, at the time
of designation of a new Lending Office (or assignment), to receive additional amounts from the Borrower with respect to such withholding
Tax pursuant to Section&nbsp;3.01(a)(ii)&nbsp;or (c)&nbsp;and (e)&nbsp;any Taxes imposed under FATCA.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;FASB
ASC&rdquo; </I>means the Accounting Standards Codification of the Financial Accounting Standards Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;FATCA&rdquo;
</I>means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively
comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and
any agreements entered into pursuant to Section&nbsp;1471(b)(1)&nbsp;of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Federal
Funds Rate&rdquo; </I>means, for any day, the rate per annum equal to the weighted average of the rates on overnight federal funds transactions
with members of the Federal Reserve System arranged by federal funds brokers on such day, as published by the Federal Reserve Bank of
New York on the Business Day next succeeding such day; <I>provided</I> that (a)&nbsp;if such day is not a Business Day, the Federal Funds
Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business
Day, and (b)&nbsp;if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be
the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to the Administrative Agent on such day on
such transactions as determined by the Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Fee
Letter&rdquo; </I>means the letter agreement, dated August&nbsp;30, 2018, among Borrower, Administrative Agent and BMO Capital Markets
Corp. as amended or supplemented from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Financeable
Ground Lease&rdquo;</I> means, a ground lease that provides protections for a potential leasehold mortgagee (<I>&ldquo;Mortgagee&rdquo;</I>)
which include, among other things (a)&nbsp;a remaining term, including any optional extension terms exercisable unilaterally by the tenant,
of no less than twenty-five (25) years from the Closing Date, (b)&nbsp;that the ground lease will not be terminated until the Mortgagee
has received notice of a default, has had a reasonable opportunity to cure or complete foreclosure, and has failed to do so, (c)&nbsp;provision
for a new lease on the same terms to the Mortgagee as tenant if the ground lease is terminated for any reason or other protective provisions
reasonably acceptable to Administrative Agent, (d)&nbsp;non-merger of the fee and leasehold estates, (e)&nbsp;transferability of the
tenant&rsquo;s interest under the ground lease without any requirement for consent of the ground lessor unless based on reasonable objective
criteria as to the creditworthiness or line of business of the transferee or delivery of customary assignment and assumption agreements
from the transferor and transferee, and (f)&nbsp;that insurance proceeds and condemnation awards from the leasehold interest will be
applied pursuant to the terms of the applicable leasehold mortgage.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;First
Amendment Effective Date&rdquo;</U></I></FONT><U> <FONT STYLE="font-size: 10pt">means February&nbsp;___, 2023.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Fixed
Charges&rdquo; </I>means, for the Consolidated Parties, for the most recently ended fiscal quarter of Borrower, without duplication,
the sum of (a)&nbsp;Interest Expense, plus (b)&nbsp;scheduled principal payments on Indebtedness, exclusive of (i)&nbsp;any voluntary
prepayments made by a Consolidated Party and (ii)&nbsp;balloon, bullet or similar principal payments which repay Indebtedness in full,
plus (c)&nbsp;Preferred Dividends paid during such period, if any, plus the Consolidated Parties&rsquo; Equity Percentage of the above
clauses (a)&nbsp;and (b)&nbsp;for Unconsolidated Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>&ldquo;<I>Floor</I>&rdquo;
means the rate per annum of interest equal to </U></FONT><U><FONT STYLE="font-size: 10pt">0.00%.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Foreign
Lender&rdquo; </I>means any Lender that is organized under the Laws of a jurisdiction other than that in which the Borrower is resident
for tax purposes or any other Lender that is not a &ldquo;United States Person&rdquo; within the meaning of Section&nbsp;7701(a)(30)
of the Code. For purposes of this definition, the United States, each State thereof and the District of Columbia shall be deemed to constitute
a single jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;FRB&rdquo;
</I>means the Board of Governors of the Federal Reserve System of the United States.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Fund&rdquo;
</I>means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing
in commercial loans and similar extensions of credit in the ordinary course of its activities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;GAAP&rdquo;
</I>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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Governmental
Authority&rdquo; </I>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).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Guarantee&rdquo;
</I>means, as to any Person, (a)&nbsp;any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect
of guaranteeing any Indebtedness of another Person (the <I>&ldquo;primary obligor&rdquo;</I>) in any manner, whether directly or indirectly,
and including any obligation of such Person, direct or indirect, (i)&nbsp;to purchase or pay (or advance or supply funds for the purchase
or payment of) such Indebtedness, (ii)&nbsp;to purchase or lease property, securities or services for the purpose of assuring the obligee
in respect of such Indebtedness or the payment or performance of such Indebtedness, (iii)&nbsp;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 (iv)&nbsp;entered into for the purpose of assuring in any other manner the obligee in respect of
such Indebtedness the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part),
or (b)&nbsp;any Lien on any assets of such Person securing any Indebtedness of any other Person, whether or not such Indebtedness 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 as determined by the guaranteeing Person in good faith. The term &ldquo;Guarantee&rdquo; as a verb has a corresponding
meaning.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Hazardous
Materials&rdquo; </I>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 similar substances or wastes of any nature regulated pursuant to any Environmental Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Hedge
Ineffectiveness&rdquo; </I>means any amount recorded as hedge ineffectiveness in accordance with ASC 815 under GAAP related to any loan
and any Swap Contract.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Immaterial
Subsidiary&rdquo; </I>means as of any date of determination, any Subsidiary holding assets (excluding earnest money deposits for the
purchase of real estate) which contribute less than $100,000 to Total Asset Value. Any Subsidiary formed for the purpose of purchasing
real estate shall be deemed to be an Immaterial Subsidiary prior to purchase of such real estate and regardless of the amount of any
earnest money deposit funded in connection therewith.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Indebtedness&rdquo;
</I>means, without duplication, all obligations of the following types:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
obligations for borrowed money and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments
(including the Bank of America Loan Documents and the <FONT STYLE="color: red"><STRIKE>JPM Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Unsecured
Notes</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Documents);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
direct or contingent obligations under letters of credit (including standby and commercial), bankers&rsquo; acceptances and similar instruments
(including bank guaranties, surety bonds, comfort letters, keep-well agreements and capital maintenance agreements) to the extent such
instruments or agreements support financial, rather than performance, obligations;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
net obligation under any Swap Contract, the amount of which on any date shall be deemed to be the Swap Termination Value thereof as of
such date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
obligations to pay the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
capital lease or Synthetic Lease Obligation, the amount of which as of any date shall be deemed to be the amount of Attributable Indebtedness
in respect thereof as of such date;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
obligations to purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity Interest in such Person or any
other Person, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference
<I>plus</I> accrued and unpaid dividends, <I>provided,</I> the foregoing shall be excluded from Indebtedness if the obligation is neither
scheduled nor permitted to become due and payable on or prior to the date on which the Obligations are scheduled to be due and payable
in full; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;without
duplication, all Guarantees in respect of any of the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">For
all purposes hereof, the Indebtedness shall include the Indebtedness of any partnership or Joint Venture (other than a Joint Venture
that is itself a corporation, limited partnership or limited liability company) in which a Person is a general partner or a joint venturer,
unless such Indebtedness is Nonrecourse Indebtedness. Indebtedness shall not include the Indebtedness of Sponsored REITs or the value
of Hedge Ineffectiveness.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Indemnified
Taxes&rdquo; </I>means Taxes other than (i)&nbsp;Excluded Taxes and (ii)&nbsp;Other Taxes imposed under non-US Law rather than US Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Indemnitees&rdquo;
</I>has the meaning specified in Section&nbsp;10.04(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Information&rdquo;
</I>has the meaning specified in Section&nbsp;10.07.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Intangible
Assets&rdquo; </I>means goodwill, the purchase price of acquired assets in excess of fair market value thereof, trademarks, trade names,
service marks, brand names, copyrights, patents and licenses, and rights with respect to the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Interest
Expense&rdquo; </I>means for the Consolidated Parties, without duplication, total interest expense incurred (in accordance with GAAP),
including capitalized interest plus the Consolidated Parties&rsquo; Equity Percentage of the same for Unconsolidated Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Interest
Payment Date&rdquo; </I>means, (a)&nbsp;as to any Loan other than a Base Rate Loan, the last day of each Interest Period applicable to
such Loan and the <FONT STYLE="color: red"><STRIKE>Term A Loan Maturity Date or</STRIKE></FONT> Term B Loan Maturity Date<FONT STYLE="color: red"><STRIKE>,
as applicable</STRIKE></FONT>; <I>provided, however,</I> that if any Interest Period for a <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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)&nbsp;as to any Base Rate Loan, the last Business Day
of each calendar month and the Term <FONT STYLE="color: red"><STRIKE>A Loan Maturity Date or Term </STRIKE></FONT>B Loan Maturity Date<FONT STYLE="color: red"><STRIKE>,
as applicable</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Interest
Period&rdquo; </I>means<FONT STYLE="color: red"><STRIKE>, as to each Eurodollar Rate Loan,</STRIKE></FONT> the period commencing on the
date <FONT STYLE="color: red"><STRIKE>such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a
Borrowing of SOFR Loans is advanced, continued, or created by conversion</U></FONT></FONT> <FONT STYLE="font-size: 10pt">and ending on
the <FONT STYLE="color: red"><STRIKE>date</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>numerically
corresponding day in the calendar month that is</U></FONT></FONT> <FONT STYLE="font-size: 10pt">one, <FONT STYLE="color: red"><STRIKE>two,
</STRIKE></FONT>three or six months thereafter <FONT STYLE="color: red"><STRIKE>(in each case subject to availability)</STRIKE></FONT>,
as <FONT STYLE="color: red"><STRIKE>selected by</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>specified
in</U></FONT></FONT> <FONT STYLE="font-size: 10pt">the <FONT STYLE="color: red"><STRIKE>Borrower in its Loan Notice</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>applicable
borrowing request or interest election request,</U></FONT></FONT> <FONT STYLE="font-size: 10pt"><I>provided</I> that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="color: red"><STRIKE>any
Interest Period that</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>no
Interest Period shall extend beyond the final maturity date of the relevant Loans;</U></FONT></FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(ii)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;no
Interest Period with respect to any portion of the Term B Loans shall extend beyond a date on which Borrower is required to make a scheduled
payment of principal on the Term B Loans, unless the sum of (a)&nbsp;the aggregate principal amount of Term B Loans, that are Base Rate
Loans plus (b)&nbsp;the aggregate principal amount of Term B Loans, that are SOFR Loans with Interest Periods expiring on or before such
date equals or exceeds the principal amount to be paid on the Term B Loans, on such payment date;</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(iii)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;whenever
the last day of any Interest Period</FONT></U> <FONT STYLE="font-size: 10pt">would otherwise <FONT STYLE="color: red"><STRIKE>end on</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>be
</U></FONT></FONT><FONT STYLE="font-size: 10pt">a day that is not a Business Day<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
the last day of such Interest Period</U></FONT></FONT> <FONT STYLE="font-size: 10pt">shall be extended to the next succeeding Business
Day <FONT STYLE="color: red"><STRIKE>unless, in the case of a Eurodollar Rate Loan, such Business Day falls in another</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
provided that, if such extension would cause the last day of an Interest Period for a Borrowing of SOFR Loans to occur in the following
</U></FONT></FONT><FONT STYLE="font-size: 10pt">calendar month, <FONT STYLE="color: red"><STRIKE>in which case</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
last day of</U></FONT></FONT> <FONT STYLE="font-size: 10pt">such Interest Period shall <FONT STYLE="color: red"><STRIKE>end on</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>be
</U></FONT></FONT><FONT STYLE="font-size: 10pt">the <FONT STYLE="color: red"><STRIKE>next</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>immediately</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;preceding Business Day;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(<FONT STYLE="color: red"><STRIKE>ii</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>iv</U></FONT></FONT><FONT STYLE="font-size: 10pt">)</FONT>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt; color: red"><STRIKE>any</STRIKE></FONT><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>for
purposes of determining an</U></FONT> <FONT STYLE="font-size: 10pt">Interest Period <FONT STYLE="color: red"><STRIKE>pertaining to a Eurodollar
Rate Loan that</STRIKE></FONT><STRIKE> <FONT STYLE="color: #00c000">begins on the last Business Day of a calendar month</FONT> <FONT STYLE="color: red">(or
on a day for which</FONT></STRIKE><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>for
a Borrowing of SOFR Loans, a month means a period starting on one day in a calendar month and ending on the numerically corresponding
day in the next calendar month; provided, that if</U></FONT></FONT> <FONT STYLE="font-size: 10pt">there is no numerically corresponding
day in the <FONT STYLE="color: red"><STRIKE>calendar </STRIKE></FONT>month <FONT STYLE="color: red"><STRIKE>at the end of</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>in
which such an Interest Period is to end or if such an Interest Period</U></FONT></FONT><U><FONT STYLE="font-size: 10pt; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&nbsp;begins
on the last Business Day of a calendar month</FONT></U><U><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">,
then</FONT></U> <FONT STYLE="font-size: 10pt">such Interest Period<FONT STYLE="color: red"><STRIKE>)</STRIKE></FONT> shall end on the
last Business Day of the calendar month <FONT STYLE="color: red"><STRIKE>at the end of</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>in
which</U></FONT></FONT> <FONT STYLE="font-size: 10pt">such Interest Period <FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>is
to end</U></FONT></FONT><FONT STYLE="font-size: 10pt">; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(<FONT STYLE="color: red"><STRIKE>iii)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
Interest Period shall extend beyond the Term A Loan Maturity Date or Term B Loan Maturity Date, as applicable</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>v)</U></FONT></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;no
tenor that has been removed from this definition pursuant to Section&nbsp;3.07 below shall be available for specification in such borrowing
request or interest election request</FONT></U><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Internal
Control Event&rdquo;</I> means fraud that involves the officers of Borrower listed in clause (a)&nbsp;of the definition of &ldquo;Responsible
Officer&rdquo; who have control over financial reporting, as described in the Securities Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Investment&rdquo;
</I>means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a)&nbsp;the purchase
or other acquisition of capital stock or other securities of another Person, (b)&nbsp;a loan, advance or capital contribution to, Guarantee
or assumption of debt of, or purchase or other acquisition of any other debt or equity participation or interest in another Person, including
any partnership or joint venture interest in such other Person and any arrangement pursuant to which the investor Guarantees Indebtedness
of such other Person, or (c)&nbsp;the purchase or other acquisition (in one transaction or a series of transactions) of assets of another
Person that constitute a business unit. 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;IRS&rdquo;
</I>means the United States Internal Revenue Service.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Joint
Lead Arrangers&rdquo; </I>means BMO Capital Markets Corp., PNC Capital Markets LLC, Capital One Bank National Association, and Regions
Capital Markets, a Division of Regions Bank.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Joint
Venture&rdquo; </I>shall mean any Person in which a Consolidated Party owns an Equity Interest, but that is not a Wholly-Owned Subsidiary
of such Consolidated Party. Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs
</U></FONT></FONT><FONT STYLE="font-size: 10pt">shall not be Joint Ventures.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Joint
Venture Projects&rdquo; </I>shall mean all Projects with respect to which a Consolidated Party holds, directly or indirectly, an interest
that is less than 100%. Projects owned by Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs
</U></FONT></FONT><FONT STYLE="font-size: 10pt">shall not be Joint Venture Projects.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;JPM&rdquo;
</STRIKE></I><STRIKE>means JPMorgan Chase Bank, N.A.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;JPM
Loan Documents&rdquo;</STRIKE></I><STRIKE> means that certain Amended and Restated Credit Agreement dated as of August&nbsp;2, 2018,
as amended from time to time, by and among, <I>inter alia</I>, Borrower and JPM and the documents, instruments and agreements in connection
therewith.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Laws&rdquo;
</I>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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Lender&rdquo;
</I>means <FONT STYLE="color: red"><STRIKE>either</STRIKE></FONT> a Term <FONT STYLE="color: red"><STRIKE>A Loan Lender or Term </STRIKE></FONT>B
Loan Lender or collectively the Term <FONT STYLE="color: red"><STRIKE>A Loan Lenders and Term </STRIKE></FONT>B Loan Lenders<FONT STYLE="color: red"><STRIKE>,
as applicable</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Lending
Office&rdquo; </I>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 Administrative Agent, which
office may include any Affiliate of such Lender or any domestic or foreign branch of such Lender or such Affiliate. Unless the context
otherwise requires each reference to a Lender shall include its applicable Lending Office.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Leverage
Increase Period&rdquo;</I> shall have the meaning set forth in Section&nbsp;7.11(b)&nbsp;hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Lien&rdquo;
</I>means any mortgage, pledge, hypothecation, assignment for security, encumbrance, lien (statutory or other excepting any liens for
taxes not yet due and payable), charge, or other security interest or preferential arrangement in the nature of a security interest of
any kind or nature whatsoever (including any conditional sale or other title retention agreement, any other encumbrance on title to or
ownership of real property securing the payment of money, and any financing lease having substantially the same economic effect as any
of the foregoing).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Loan&rdquo;
</I>means the <FONT STYLE="color: red"><STRIKE>Term A Loans and</STRIKE></FONT> Term B Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Loan
Documents&rdquo; </I>means this Agreement, each Note, any Subsidiary Guaranty issued pursuant to Section&nbsp;6.12 hereof, and any other
documents, instruments or agreements executed and delivered by the Borrower related to the foregoing, including, without limitation,
the Fee Letter but specifically excluding (i)&nbsp;that certain Mandate Letter and attached Summary of Terms dated August&nbsp;30, 2018,
by and among the Borrower, Bank of Montreal and BMO Capital Markets Corp., and (ii)&nbsp;that certain Confidentiality Agreement dated
as of August&nbsp;30, 2018, by and between the Borrower and Bank of Montreal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Loan
Notice&rdquo; </I>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>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans, pursuant to Section&nbsp;2.02(a), which, if in writing, shall be substantially
in the form of Exhibit&nbsp;A.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;<FONT STYLE="color: red"><STRIKE>London
Banking Day&rdquo;</STRIKE></FONT></I><FONT STYLE="color: red"><STRIKE> means any day on which dealings in Dollar deposits are conducted
by and between banks in the London interbank eurodollar market.</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>Material
Credit Facility&rdquo; </U></I></FONT></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">means,
as to the Borrower and its Subsidiaries,</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Bank of America Loan Documents, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancing
thereof;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Unsecured Notes Documents, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancing thereof;
and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)</U></FONT><FONT STYLE="font-size: 10pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
other agreement(s)&nbsp;creating or evidencing indebtedness for borrowed money (other than Nonrecourse Indebtedness) entered into on
or after the First Amendment Effective Date by the Borrower or any Subsidiary, or in respect of which the Borrower or any Subsidiary
is an obligor or otherwise provides a guarantee or other credit support (<I>&ldquo;Credit Facility&rdquo;</I>), in a principal amount
outstanding or available for borrowing equal to or greater than $150,000,000 (or the equivalent of such amount in the relevant currency
of payment, determined as of the date of the closing of such facility based on the exchange rate of such other currency); and if no Credit
Facility or Credit Facilities equal or exceed such amounts, then the largest Credit Facility shall be deemed to be a Material Credit
Facility.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Material
Adverse Effect&rdquo;</I> means (a)&nbsp;a material adverse change in, or a material adverse effect on, the operations, business, properties
or financial condition of the Consolidated Parties (including without limitation, Borrower), taken as a whole; (b)&nbsp;a material impairment
of the rights and remedies of the Administrative Agent or any Lender under any Loan Documents or of the ability of the Borrower and the
Subsidiary Guarantors taken as a whole to perform their obligations under the Loan Documents to which they are a party; or (c)&nbsp;a
material adverse effect upon the legality, validity, binding effect or enforceability against Borrower or any Subsidiary Guarantor of
any Loan Document to which it is a party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Monthly
Reporting Package&rdquo; </U></I></FONT><U><FONT STYLE="font-size: 10pt">means a financial reporting package in a format reasonably acceptable
to Administrative Agent that includes a cash balance for the Consolidated Parties for the period then ended and the following information
with respect to Properties in the Eligible Unencumbered Property Pool:</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
list of each Property&rsquo;s current and projected 12-month occupancy with notes and/or a commentary section that includes updates on
leasing information particularly covering major tenants (leases with over $500,000 in annualized rent) with leases expiring in next 24
months, any material new leases or amounts in arrears;</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;commentary
noting any material deviations to original budgeted costs including tenant improvements, leasing commissions and building costs; and</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;updated
sales progress for each Property that is listed for sale in the market using broker and internal information including the broker, number
of interested parties, number of viewings, price ranges, address, estimated sale price, probable timeline, comments regarding status
of the sale, and contract details for those under contract (including the sale price, anticipated closing date, and hard money deposit
amount).</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Moody&rsquo;s&rdquo;
</I>means Moody&rsquo;s Investors Service,&nbsp;Inc. and any successor thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Mortgage&rdquo;
</I>shall mean (a)&nbsp;any mortgage, deed of trust, deed to secure debt or similar security instrument (regardless of priority) made
or to be made by any entity or person owning an interest in real estate granting a lien on such interest in real estate as security for
the payment of Indebtedness and (b)&nbsp;any mezzanine indebtedness relating to such real estate interest and secured by the Equity Interests
of the direct or indirect owner of such real estate interest.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Multiemployer
Plan&rdquo; </I>means any employee benefit plan of the type described in Section&nbsp;4001(a)(3)&nbsp;of ERISA and subject to Title IV
of ERISA, to which Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years,
has made or been obligated to make contributions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Multiple
Employer Plan&rdquo;</I> means a Plan which has two or more contributing sponsors (including Borrower or any ERISA Affiliate) at least
two of whom are not under common control, as such a plan is described in Section&nbsp;4064 of ERISA and subject to Title IV of ERISA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Negative
Pledge&rdquo; </I>shall mean with respect to a given asset, any provision of a document, instrument or agreement which prohibits the
creation or assumption of any Lien on such asset as security for Indebtedness of the Person owning such asset or any other Person; provided,
however, that the following shall not constitute a Negative Pledge: (i)&nbsp;an agreement that prohibits, restricts or conditions a Person&rsquo;s
ability to create or assume a Lien on its or its Subsidiary&rsquo;s assets, provided that such agreement permits the creation or assumption
of Liens upon the satisfaction or maintenance of one or more specified ratios, (ii)&nbsp;an agreement that uses such asset as a borrowing
base measurement, (iii)&nbsp;any Negative Pledge required by law; (iv)&nbsp;customary provisions in leases, licenses and other contracts
restricting the pledge or assignment thereof; (v)&nbsp;Negative Pledges contained in any agreement relating to the sale of any Subsidiary
or any assets pending such sale; provided, that in any such case, the Negative Pledge applies only to the Subsidiary or the assets that
are the subject of such sale; and (vi)&nbsp;Negative Pledges contained in any Financeable Ground Leases approved by the Administrative
Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Net
Operating Income&rdquo; </I>or <I>&ldquo;NOI&rdquo;</I> means, for any Property owned by any Consolidated Party and for the most recently
ended fiscal quarter of Borrower for which financial information has been, or simultaneously with such determination will be, delivered
to the Administrative Agent, the sum of the following (without duplication and determined on a consistent basis with prior periods):
(a)&nbsp;rents and other revenues received or earned in the ordinary course from such Property (including, without limitation, (i)&nbsp;revenues
from the straight-lining of rents; and (ii)&nbsp;proceeds of rent loss or business interruption insurance but excluding pre-paid rents
and revenues and security deposits except to the extent applied in satisfaction of tenants&rsquo; obligations for rent) minus (b)&nbsp;all
expenses paid, excluding interest and Hedge Ineffectiveness, and inclusive of an appropriate accrual for expenses related to the ownership,
operation or maintenance of such Property during the respective period, including but not limited to property taxes, assessments and
the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative
expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection
with such Property, as applicable, but specifically excluding general overhead expenses of the Borrower or any Subsidiary and any property
management fees) minus (c)&nbsp;the Capital Reserves for such Property as of the end of such period minus (d)&nbsp;without duplication
an imputed management fee in the amount of 3% of the gross revenues for such Property for such period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Nonrecourse
Indebtedness&rdquo; </I>means Secured Indebtedness that is only recourse to all assets of a Person as a result of customary exceptions
to non-recourse liability such as fraud, misapplication of funds, environmental indemnities, and other similar exceptions and is otherwise
contractually limited to specific assets of a Person encumbered by a lien securing such indebtedness.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Note&rdquo;
</I>means means either a <FONT STYLE="color: red"><STRIKE>Term A Loan Note or</STRIKE></FONT> Term B Loan Note or collectively the Term
<FONT STYLE="color: red"><STRIKE>A Loan Notes and Term </STRIKE></FONT>B Loan Notes<FONT STYLE="color: red"><STRIKE>, as applicable</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Obligations&rdquo;
</I>means all advances to, and debts, liabilities, obligations, covenants and duties of, Borrower 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 and fees under the Loan Documents that accrue after the commencement by or against
Borrower of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such
interest and fees are allowed claims in such proceeding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;OFAC&rdquo;
</I>means the Office of Foreign Assets Control of the United States Department of the Treasury.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Organization
Documents&rdquo; </I>means, (a)&nbsp;with respect to any corporation, the certificate or articles of incorporation and the bylaws (or
equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b)&nbsp;with respect to any limited liability
company, the certificate or articles of formation or organization and operating agreement; and (c)&nbsp;with respect to any partnership,
joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization
and any agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization with the
applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles
of formation or organization of such entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Original
Credit Agreement&rdquo;</I> has the meaning specified in the introductory paragraphs hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Other
Taxes&rdquo; </I>means all present or future stamp or documentary Taxes or any other excise or property Taxes, charges or similar levies
imposed under U.S. Law arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement
of, or otherwise with respect to, this Agreement or any other Loan Document, except for any Excluded Taxes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Outstanding
Amount&rdquo; </I>means the aggregate outstanding principal amount of the Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Participant&rdquo;
</I>has the meaning specified in Section&nbsp;10.06(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Participant
Register&rdquo; </I>has the meaning specified in Section&nbsp;10.06(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;PATRIOT
Act&rdquo; </I>means the USA PATRIOT Act (Title III of PUB. L. 107-56 (signed into law October&nbsp;26, 2001), as amended from time to
time and any successor statute.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;PBGC&rdquo;
</I>means the Pension Benefit Guaranty Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Pension
Act&rdquo; </I>means the Pension Protection Act of 2006.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Pension
Funding Rules&rdquo;</I> means the rules&nbsp;of the Code and ERISA regarding minimum required contributions (including any installment
payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act,
Section&nbsp;412 of the Code and Section&nbsp;302 of ERISA, each as in effect prior to the Pension Act and, thereafter, Section&nbsp;412,
430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Pension
Plan&rdquo; </I>means any employee pension benefit plan (including a Multiple Employer Plan or a Multiemployer Plan) that is maintained
or is contributed to by Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding
standards under Section&nbsp;412 of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Permitted
Liens&rdquo; </I>means (i)&nbsp;liens for taxes, assessments or governmental charges unpaid and diligently contested in good faith by
the Borrower or a Subsidiary unless payment is required prior to the contesting of any such taxes and provided no enforcement proceedings
have been commenced with respect to any lien filed in connection with such dispute and adequate reserves have been established (or are
adequately bonded) for such taxes, assessments or governmental charges; (ii)&nbsp;liens for taxes, assessments or governmental charges
not yet due and payable; (iii)&nbsp;(A)&nbsp;liens for labor, materials or supplies and any other liens (exclusive of those securing
Indebtedness) which do not materially interfere with the use of the Properties comprising the Eligible Unencumbered Property Pool or
the operation of the business of the Borrower or a Subsidiary and are either bonded or do not exceed in the aggregate at any one time
$5,000,000.00; and (B)&nbsp;zoning restrictions, easements, rights of way, covenants, reservations and other rights, restrictions or
encumbrances on use, which do not materially interfere with the use of the Properties comprising the Eligible Unencumbered Property Pool
or the operation of the business of the Borrower; (iv)&nbsp;liens in favor of Borrower or a Wholly-Owned Subsidiary in connection with
a 1031 Property; (v)&nbsp;liens deemed to occur by virtue of investments described in clause (d)&nbsp;of the definition of Cash Equivalents;
(vi)&nbsp;liens on cash and cash equivalents pledged to or for the benefit of any agent, letter of credit issuer, swingline lender or
lender under any loan agreement (including the Bank of America <FONT STYLE="color: red"><STRIKE>Loan Documents and the JPM</STRIKE></FONT>
Loan Documents) to secure any exposure resulting from one or more lenders becoming a defaulting lender (<I>&ldquo;Cash Collateral&rdquo;</I>);
(vii)&nbsp;Liens consisting of deposits or pledges made, in the ordinary course of business, in connection with, or to secure payment
of, obligations under workmen&rsquo;s compensation, unemployment insurance or similar applicable Laws; (viii)&nbsp;Liens and rights of
pledge and setoff of banks, financial institutions and securities intermediaries in respect of deposits and accounts maintained in the
ordinary course of business and not securing Indebtedness; (ix)&nbsp;Liens solely on any cash earnest money deposits made by the Borrower
or a Subsidiary in connection with any letter of intent or purchase agreement; and (x)&nbsp;liens on property existing at the time of
acquisition and refinancing of such liens, liens securing Secured Indebtedness, liens on the Equity Interests of Excluded Subsidiaries,
and liens securing judgments not constituting an Event of Default under Section&nbsp;8.01(h), all in amounts complying with the applicable
financial covenants set forth in Section&nbsp;7.11 hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Person&rdquo;
</I>means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental
Authority or other entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Plan&rdquo;
</I>means any employee benefit plan within the meaning of Section&nbsp;3(3)&nbsp;of ERISA (including a Pension Plan), maintained for
employees of Borrower or any ERISA Affiliate or any such Plan to which Borrower or any ERISA Affiliate is required to contribute on behalf
of any of its employees and not excluded under Section&nbsp;4 of ERISA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Plan
Asset Regulations&rdquo; </I>means 29 CFR &sect; 2510.3-101 et seq., as modified by Section&nbsp;3(42) of ERISA, as amended from time
to time<I>.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Platform&rdquo;
</I>has the meaning specified in Section&nbsp;6.02.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Preferred
Dividends&rdquo; </I>shall mean, with respect to any Person, dividends or other distributions which are payable to holders of any Equity
Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other
distributions to the holders of other types of Equity Interests in such Person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Projects&rdquo;
</I>shall mean any and all parcels of real property owned by any Consolidated Party or with respect to which the Consolidated Party owns
an interest (whether directly or indirectly) on which are located improvements with a gross leasable area in excess of 50,000 square
feet or with respect to which construction and development of such improvements are under development.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Projects
Under Development&rdquo;</I> means any Project under development or redevelopment by any Consolidated Party (a)&nbsp;classified as construction
in progress on Borrower&rsquo;s quarterly financial statements; or (b)&nbsp;as to which a certificate of occupancy has not been issued.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Properties&rdquo;
</I>means, as of any date of determination, interests in real property, together with all improvements thereon, owned by Borrower or
any Consolidated Party, as applicable; and &ldquo;Property&rdquo; means any one of them.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;PTE&rdquo;
</I>means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from
time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Public
Lender&rdquo; </I>has the meaning specified in Section&nbsp;6.02.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Rating
Agency&rdquo;</STRIKE></I><STRIKE> means S&amp;P, Moody&rsquo;s or any other nationally recognized securities rating agency selected
by the Borrower and approved of by the Administrative Agent in writing.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Recourse
Indebtedness&rdquo; </I>means any Indebtedness other than Nonrecourse Indebtedness.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>&ldquo;<I>Reference
Banks</I>&rdquo; means four major banks in the London Interbank Market.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Register&rdquo;
</I>has the meaning specified in Section&nbsp;10.06(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Registered
Public Accounting Firm&rdquo;</I> has the meaning specified in the Securities Laws and shall be independent of the Borrower as prescribed
by the Securities Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;REIT&rdquo;
</I>means a Person qualifying for treatment as a &ldquo;real estate investment trust&rdquo; under the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<I>REIT
Qualifying Distributions</I>&rdquo; means Restricted Payments</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&nbsp;by
Borrower based on Borrower&rsquo;s good faith estimate of its projected or estimated taxable income or otherwise as necessary to retain
Borrower&rsquo;s status as a REIT, to meet the distribution requirements of Section&nbsp;857 of the Internal Revenue Code or to eliminate
any </FONT></U><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">income
or excise Taxes to which Borrower would otherwise be subject. Borrower&rsquo;s good faith estimate of REIT Qualifying Distributions will
be reported in each Compliance Certificate and shall contain calculations of such REIT Qualifying Distributions, with detail</FONT></U><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&nbsp;reasonably
satisfactory to </FONT></U><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">Administrative
Agent.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Related
Parties&rdquo; </I>means, with respect to any Person, such Person&rsquo;s Affiliates and the partners, directors, officers, employees,
agents, trustees and advisors of such Person and of such Person&rsquo;s Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Release&rdquo;
</I>means any release, spill, emission, leaking, pumping, injection, deposit, disposal, discharge, dispersal, leaching, or migration
of Hazardous Materials into the environment, or into or out of any Property of a Consolidated Party, including the movement of any Hazardous
Materials through or in the air, soil, surface water, groundwater, of any Property of a Consolidated Party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Reportable
Event&rdquo; </I>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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Request
for Credit Extension&rdquo; </I>means a Loan Notice.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Required
Lenders&rdquo; </I>means, as of any date of determination, not less than two (2)&nbsp;Lenders holding in the aggregate at least 51% of
the Outstanding Amount; <I>provided, </I>that the Commitment of, and the portion of the Outstanding Amount held or deemed held by, any
Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Requirements&rdquo;
</I>means any law, ordinance, code, order, rule&nbsp;or regulation of any Governmental Authority relating in any way to the acquisition,
ownership, construction, use, occupancy and operation of the Properties comprising the Eligible Unencumbered Property Pool.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<I>Rescindable
Amount</I>&rdquo; means any payment that the Administrative Agent makes to any Lender or other secured party as to which the Administrative
Agent determines (in its sole and absolute discretion) that any of the following applies: (1)&nbsp;the Borrower has not in fact made
the corresponding payment to the Administrative Agent; (2)&nbsp;the Administrative Agent has made a payment in excess of the amount(s)&nbsp;received
by it from the Borrower either individually or in the aggregate (whether or not then owed); or (3)&nbsp;the Administrative Agent has
for any reason otherwise erroneously made such payment.</U></FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Resolution
Authority&rdquo;</U></I></FONT><U> <FONT STYLE="font-size: 10pt">means an EEA Resolution Authority or, with respect to any UK Financial
Institution, a UK Resolution Authority.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Responsible
Officer&rdquo; </I>means, as applicable, (a)&nbsp;the chief executive officer, president, chief operating officer, chief investment officer,
chief financial officer, treasurer, assistant treasurer, general counsel or controller of Borrower or the president of FSP Property Management
LLC, and (b)&nbsp;solely for purposes of the delivery of incumbency certificates pursuant to Section&nbsp;4.01, the secretary or assistant
secretary of Borrower, and (c)&nbsp;solely for purposes of notices given pursuant to Article&nbsp;II, any other officer of Borrower so
designated by any of the foregoing officers in a notice to Administrative Agent and (d)&nbsp;solely for purposes of the delivery of any
covenant compliance and/or absence of default certifications pursuant to Sections 4.01, 4.02 and 6.02(a)&nbsp;the chief executive officer,
president, chief financial officer, assistant treasurer, or treasurer of Borrower. Any document delivered hereunder that is signed by
a Responsible Officer shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action
on the part of Borrower and such Responsible Officer shall be conclusively presumed to have acted on behalf of Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><I>&ldquo;Restricted Payment&rdquo;
</I>means (a)&nbsp;any dividend or other distribution, direct or indirect, on account of any shares of any class of the Equity Interests
of any Consolidated Party, now or hereafter outstanding <FONT STYLE="color: red"><STRIKE>(excluding any payment of dividends or other
distributions</STRIKE></FONT> <FONT STYLE="color: #00c000"><STRIKE>by Borrower based on Borrower&rsquo;s good faith estimate of its projected
or estimated taxable income or otherwise as necessary to retain Borrower&rsquo;s status as a REIT, to meet the distribution requirements
of Section&nbsp;857 of the Internal Revenue Code or to eliminate any </STRIKE></FONT><FONT STYLE="color: red"><STRIKE>Taxes to which Borrower would otherwise
be subject)</STRIKE></FONT>, (b)&nbsp;any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for
value, direct or indirect, of any shares of any class of the Equity Interests of any Consolidated Party, now or hereafter outstanding,
and (c)&nbsp;any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire
shares of any class of the Equity Interests of any Consolidated Party, now or hereafter outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Sanction(s)&rdquo;
</I>means any sanction administered or enforced by the United States Government (including without limitation, OFAC), the United Nations
Security Council, the European Union, Her Majesty&rsquo;s Treasury or other relevant sanctions authority.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Sarbanes-Oxley&rdquo;
</I>means the Sarbanes-Oxley Act of 2002.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;S&amp;P&rdquo;
</I>means Standard&nbsp;&amp; Poor&rsquo;s Ratings Services, a division of The McGraw-Hill Companies,&nbsp;Inc. and any successor thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;SEC&rdquo;
</I>means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Secured
Indebtedness&rdquo; </I>means all Indebtedness of a Person that is secured by a mortgage, deed of trust, lien, pledge, encumbrance or
other security interest.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Securities
Holdings&rdquo; </I>shall mean common stock, preferred stock, other capital stock, beneficial interests in trusts, membership interests
in limited liability companies and other Equity Interests in entities (other than consolidated Subsidiaries, unconsolidated Subsidiaries
and Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
and other than property that is included as &ldquo;Cash Equivalents,&rdquo; &ldquo;Cash&rdquo; or &ldquo;Marketable Securities&rdquo;
on Borrower&rsquo;s balance sheet). The value of Securities Holdings shall be calculated on the basis of the lower of cost or market
value as shown on Borrower&rsquo;s balance sheet.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Securities
Laws&rdquo; </I>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 Public Company Accounting
Oversight Board, as each of the foregoing may be amended and in effect on any applicable date hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Significant
Acquisition&rdquo; </I>means an acquisition (in one transaction or a series of related transactions) of (i)&nbsp;one or more entities
(excluding Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs</U></FONT></FONT><FONT STYLE="font-size: 10pt">)
for the purchase price in excess of 10% of Total Asset Value as of the last day for which financial statements were delivered under Section&nbsp;6.01(a)&nbsp;or
6.01(b), or (ii)&nbsp;one or more properties for an amount in excess of 10% of Total Asset Value as of the last day for which financial
statements were delivered under Section&nbsp;6.01(a)&nbsp;or 6.01(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;SOFR&rdquo;
</U></I></FONT><U><FONT STYLE="font-size: 10pt">means a rate equal to the secured overnight financing rate as administered by the Federal
Reserve Bank of New York) or a successor administrator of the secured overnight financing rate).</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;SOFR
</U></I></FONT><I><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">Loan&rdquo;
</FONT></U></I><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">means
a Loan that bears interest based on </FONT></U><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">Adjusted
Term SOFR (other than pursuant to clause (c)&nbsp;of the definition of Base Rate).</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Sponsored
REIT&rdquo; </I>shall have the same meaning as such term is used in Borrower&rsquo;s filings with the SEC. For the avoidance of doubt,
a &ldquo;Sponsored REIT&rdquo; shall include a Wholly-Owned Subsidiary of Borrower during the period prior to its syndication.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Subsidiary&rdquo;
</I>of a Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority
of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other
than securities or interests having such power only by reason of the happening of a contingency) 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. Sponsored REITs shall not be considered Subsidiaries.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Subsidiary
Guarantor&rdquo; </I>means any Subsidiary that is a guarantor of the Obligations pursuant to Section&nbsp;6.12 hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Subsidiary
Guaranty&rdquo; </I>means a Guarantee of the Obligations entered into by a Subsidiary Guarantor pursuant to Section&nbsp;6.12 hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Suburban
Property&rdquo; </I>means (a)&nbsp;any Property listed on Schedule 5.21 and identified as a Suburban Property, or (b)&nbsp;any other
improved Property that does not meet the definition of a CBD or Urban Infill Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Swap
Contract&rdquo; </I>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 used to document transactions of the type set forth in clause (a)&nbsp;hereof
(any such master agreement, together with any related schedules, a <I>&ldquo;Master Agreement&rdquo;</I>), including any such obligations
or liabilities under any Master Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Swap
Termination Value&rdquo;</I> 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 readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender
or any Affiliate of a Lender) or any independent valuation source reasonably acceptable to the Administrative Agent (Administrative Agent
agrees that Chatham Financial is a reasonably acceptable independent valuation source).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Synthetic
Lease Obligation&rdquo; </I>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 creating obligations that do not appear on the balance
sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such
Person (without regard to accounting treatment).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Taking&rdquo;
</I>means any condemnation for public use of, or damage by reason of, the action of any Governmental Authority, or any transfer by private
sale in lieu thereof, either temporarily or permanently.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Tangible
Net Worth&rdquo; </I>means, for the Consolidated Parties, as of the most recently ended fiscal quarter of Borrower, the excess of Total
Assets over Total Liabilities, and less the sum of:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
total book value of all assets of the Consolidated Parties properly classified as Intangible Assets; plus</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
amounts representing any write-up in the book value of any assets of the Consolidated Parties resulting from a revaluation thereof subsequent
to the balance sheet date; plus</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent otherwise includable in the computation of Tangible Net Worth, any subscriptions receivable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Total Assets and
Total Liabilities shall also exclude an asset or liability created by the Swap Termination Value and Hedge Ineffectiveness.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Taxes&rdquo;
</I>means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments,
fees or other charges in the nature of a tax imposed by any Governmental Authority, including any interest, additions to tax or penalties
applicable thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Term
A Loan&rdquo;</STRIKE></I><STRIKE> has the meaning specified in Section&nbsp;2.01(a).</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Term
A Loan Commitment&rdquo;</STRIKE></I><STRIKE> means, as to each Lender, its obligation to make a Term A Loan to the Borrower pursuant
to Section&nbsp;2.01(a), in an aggregate principal amount equal to the amount set forth opposite such Lender&rsquo;s name on Schedule
2.01, as such Schedule 2.01 may be updated from time to time pursuant to an Assignment and Assumption or this Agreement.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Term
A Loan Lender&rdquo;</STRIKE></I><STRIKE> means each lender from time to time party hereto as a result of (i)&nbsp;such party&rsquo;s
execution of this Agreement as a &ldquo;Lender&rdquo; as of the Closing Date with a Term A Loan Commitment or (ii)&nbsp;such party&rsquo;s
execution by joinder of an amendment to this Agreement to increase the Aggregate Commitments pursuant to Section&nbsp;2.16 hereof, pursuant
to which joinder such party agrees to be bound by the terms of this Agreement as a &ldquo;Lender&rdquo; with a Term A Loan Commitment
or (iii)&nbsp;such party being made a &ldquo;Lender&rdquo; hereunder with respect to the Term A Loan Commitment by virtue of an executed
Assignment and Assumption or this Agreement.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Term
A Loan Maturity Date&rdquo;</STRIKE></I><STRIKE> means November&nbsp;30, 2021.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Term
A Loan Note&rdquo;</STRIKE></I><STRIKE> means a promissory note made by the Borrower in favor of a Term A Loan Lender evidencing Term
A Loans made by such Lender, substantially in the form of Exhibit&nbsp;D-1.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Term
A Loan Percentage&rdquo;</STRIKE></I><STRIKE> means with respect to any Term A Lender at any time, the percentage (carried out to the
ninth decimal place) of the Term A Loan Commitments represented by such Term A Lender&rsquo;s Term A Loan Commitment at such time, subject
to adjustment as provided in this Agreement, and giving effect to any subsequent assignments permitted hereunder or incremental loans
pursuant to Section&nbsp;2.16 hereof.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Term
B Loan&rdquo; </I>has the meaning specified in Section&nbsp;2.01(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Term
B Loan Commitment&rdquo; </I>means, as to each Lender, its obligation to make a Term B Loan to the Borrower pursuant to Section&nbsp;2.01(b),
in an aggregate principal amount equal to the amount set forth opposite such Lender&rsquo;s name on Schedule 2.01, as such Schedule 2.01
may be updated from time to time pursuant to an Assignment and Assumption or <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>this
Agreement or otherwise pursuant to</U></FONT></FONT> <FONT STYLE="font-size: 10pt">this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Term
B Loan Lender&rdquo; </I>means each lender from time to time party hereto as a result of (i)&nbsp;such party&rsquo;s execution of this
Agreement as a &ldquo;Lender&rdquo; as of the Closing Date with a Term B Loan Commitment or (ii)&nbsp;such party&rsquo;s execution by
joinder of an amendment to this Agreement to increase the Aggregate Commitments <FONT STYLE="color: red"><STRIKE>pursuant to Section&nbsp;2.16
hereof</STRIKE></FONT>, pursuant to which joinder such party agrees to be bound by the terms of this Agreement as a &ldquo;Lender&rdquo;
with a Term B Loan Commitment or (iii)&nbsp;such party being made a &ldquo;Lender&rdquo; hereunder with respect to the Term B Loan Commitment
by virtue of an executed Assignment and Assumption or this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Term
B Loan Maturity Date&rdquo;</I> means <FONT STYLE="color: red"><STRIKE>January</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>October</U></FONT></FONT><FONT STYLE="font-size: 10pt; color: red"><STRIKE>&nbsp;31</STRIKE></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>1</U></FONT><FONT STYLE="font-size: 10pt">,
2024.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Term
B Loan Note&rdquo; </I>means a promissory note made by the Borrower in favor of a Term B Loan Lender evidencing Term B Loans made by
such Lender, substantially in the form of Exhibit&nbsp;D-2.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Term
B Loan Percentage&rdquo; </I>means with respect to any Term B Lender at any time, the percentage (carried out to the ninth decimal place)
of the Term B Loan Commitments represented by such Term B Lender&rsquo;s Term B Loan Commitment at such time, subject to adjustment as
provided in this Agreement, and giving effect to any subsequent assignments permitted hereunder or incremental loans <FONT STYLE="color: red"><STRIKE>pursuant
to Section&nbsp;2.16 hereof</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>.</U></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Term
SOFR&rdquo; </U></I></FONT><U><FONT STYLE="font-size: 10pt">means, for the applicable tenor, the Term SOFR Reference Rate on the day
(such day, the &ldquo;<I>Term SOFR Determination Day</I>&rdquo;) that is two (2)&nbsp;U.S. Government Securities Business Days prior
to (a)&nbsp;in the case of SOFR Loans, the first day of such applicable Interest Period, or (b)&nbsp;with respect to Base Rate Loans,
such day of determination of the Base Rate, in each case as such rate is published by the Term SOFR Administrator; provided, however,
that if as of 5:00 p.m.&nbsp;(New York City time) on any 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 Term SOFR Determination Day.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Term
SOFR Administrator&rdquo;</U></I></FONT><U> <FONT STYLE="font-size: 10pt">means CME Group Benchmark Administration Limited (CBA) (or a
successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Term
SOFR Reference Rate&rdquo;</U></I></FONT><U> <FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">means
the forward-looking term rate based on SOFR</FONT></U><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Threshold
Amount&rdquo; </I>means without duplication (a)&nbsp;with respect to Nonrecourse Indebtedness, such Indebtedness having an aggregate
outstanding principal amount of at least $40,000,000 individually or when aggregated with all such Indebtedness and (b)&nbsp;with respect
to any other Indebtedness of such Person, such Indebtedness having an aggregate outstanding principal amount of at least $20,000,000
individually or when aggregated with all such Indebtedness. For clarification purposes, no Indebtedness and no Guarantee shall be attributed
to any Person hereunder (for purposes of determination of the Threshold Amount of Indebtedness of a Person, including whether or not
such Indebtedness is Nonrecourse Indebtedness unless such Person is the borrower, guarantor or primary obligor thereof and, if a guarantor,
such Indebtedness or Guarantee, as applicable, shall be deemed to be in the amount of such guaranty (and shall exclude any and all guaranties
that are not in liquidated amounts<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>)</U></FONT></FONT><FONT STYLE="font-size: 10pt">).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Total
Assets&rdquo; </I>means all assets of the Consolidated Parties determined in accordance with GAAP.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Total
Asset Value&rdquo; </I>means, without duplication, for the most recently ended fiscal quarter of Borrower, with respect to the Consolidated
Parties on a consolidated basis, the sum of (a)&nbsp;the quotient of annualized NOI for such fiscal quarter minus the aggregate amount
of NOI attributable to each Property sold or otherwise disposed of during such fiscal quarter minus the aggregate amount of NOI attributable
to each Property acquired during the last four fiscal quarters, divided by the Capitalization Rate plus (b)&nbsp;the acquisition cost
of each Property acquired during such prior four fiscal quarters, plus (c)&nbsp;unrestricted cash and Cash Equivalents, plus (d)&nbsp;the
book value of unimproved land holdings, plus (e)&nbsp;the book value of construction in progress, plus (f)&nbsp;the carrying value of
performing <FONT STYLE="color: red"><STRIKE>mortgage</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Mortgage</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;loans to Sponsored REITs, plus (g)&nbsp;the carrying value of preferred stock investments
in Sponsored REITs as shown on Borrower&rsquo;s financial statements.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Notwithstanding
the foregoing, for purposes of determining Total Asset Value, to the extent the aggregate of Investments in Projects under Development,
undeveloped land holdings, Joint Venture Projects and Joint Ventures, Securities Holdings and Mortgages to non-affiliates (excluding
Mortgages to Sponsored REITS) would exceed 10% of Total Asset Value, such aggregate excess shall be excluded.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Total
Indebtedness&rdquo; </I>means all Indebtedness of the Consolidated Parties determined on a consolidated basis plus the Consolidated Parties&rsquo;
Equity Percentage of Indebtedness of Unconsolidated Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Total
Liabilities&rdquo; </I>means all liabilities of the Consolidated Parties determined in accordance with GAAP.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Total
Secured Indebtedness&rdquo; </I>means, all Indebtedness of the Consolidated Parties that is secured by a mortgage, deed of trust, lien,
pledge, encumbrance or other security interest, and the Consolidated Parties&rsquo; Equity Percentage of the above of Unconsolidated
Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Type&rdquo;
</I>means its character as a Base Rate Loan or a <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;Loan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;UK
Bribery Act 2010&rdquo;</I> means an Act of the Parliament of the United Kingdom that covers the criminal law relating to bribery.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&ldquo;<I>UK
Financial Institution</I>&rdquo; means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to
time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook
(as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions
and investment firms, and certain affiliates of such credit institutions or investment firms.</U></FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Unconsolidated
Affiliate(s)&rdquo;</I> means, with respect to any Person (the <I>&ldquo;parent&rdquo;</I>), at any date, any corporation, limited liability
company, partnership, association or other entity that is an Affiliate of such Person, the accounts of which would not be consolidated
with those of the parent in the parent&rsquo;s consolidated financial statements if such financial statements were prepared in accordance
with full consolidation method GAAP as of such date. Unless otherwise specified, all references herein to &ldquo;Unconsolidated Affiliate&rdquo;
or to &ldquo;Unconsolidated Affiliates&rdquo; shall refer to an Unconsolidated Affiliate or Unconsolidated Affiliates of the Consolidated
Parties. Unconsolidated Affiliates shall not include any Sponsored REIT.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>&ldquo;Unadjusted
Benchmark Replacement&rdquo;</U></I></FONT><U> <FONT STYLE="font-size: 10pt">means the applicable Benchmark Replacement excluding the
related Benchmark Replacement Adjustment.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Unencumbered
Asset Value&rdquo;</I> means, without duplication, for the most recently ended fiscal quarter of Borrower, with respect to the Eligible
Unencumbered Property Pool, the sum of (a)&nbsp;the quotient of annualized Unencumbered NOI for such fiscal quarter minus the aggregate
amount of NOI attributable to each Property sold or removed from the Eligible Unencumbered Property Pool during such fiscal quarter minus
the aggregate amount of NOI attributable to each Property acquired or added to the Eligible Unencumbered Property Pool during the last
four fiscal quarters, divided by the Capitalization Rate, plus (b)&nbsp;the acquisition cost of each Property acquired or added to the
Eligible Unencumbered Property Pool during such prior four fiscal quarters. For the purposes of calculating the Unencumbered Asset Value,
the value of any one Property in the Eligible Unencumbered Property Pool may not exceed 20% of the aggregate value of the Eligible Unencumbered
Property Pool.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Unencumbered
NOI&rdquo; </I>means, the Net Operating Income from the entire Eligible Unencumbered Property Pool for the fiscal quarter most recently
ending.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;United
States&rdquo; </I>and <I>&ldquo;U.S.&rdquo;</I> mean the United States of America.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;United
States Foreign Corrupt Practices Act of 1977</I>&rdquo; means the act codified at 15 U.S.C. Section&nbsp;78dd-1 et seq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Unsecured
Indebtedness&rdquo; </I>means all Indebtedness which is not secured by a Lien on any property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Unsecured
Notes Documents&rdquo;</I> means that certain Note Purchase Agreement, by and among Borrower and the purchasers named therein, dated
October&nbsp;24, 2017, and the various notes, dated December&nbsp;20, 2017 entered into pursuant thereto, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;<FONT STYLE="color: red"><STRIKE>USD-LIBOR-Reference
Bank Rate&rdquo; </STRIKE></FONT></I><FONT STYLE="color: red"><STRIKE>means the rate for any Interest Period determined on the basis
of the rates at which deposits in U.S. Dollars are offered by the Reference Banks at approximately 11:00 am, London time, on the day
that is two London Banking Days preceding the commencement of such Interest Period to prime banks in the London interbank market for
a term equivalent to such Interest Period commencing on the first day of such Interest Period and in the approximate amount of the Eurodollar
Rate Loan being made, continued or converted. To determine the USD-LIBOR-Reference Bank Rate, the Administrative Agent will request the
principal London office of each of the Reference Banks to provide a quotation of its rate. If at least two such quotations are provided,
the rate for that Interest Period will be the arithmetic mean of the quotations. If fewer than two quotations are provided as requested,
the rate for that Interest Period will be the arithmetic mean of the rates quoted by major banks in New York City, selected by the Administrative
Agent, at approximately 11:00 a.m., New York time, on the day that is two London Banking Days preceding such Interest Period for loans
in U.S. Dollars to leading European banks for a period equivalent to such Interest Period commencing on the first day of such Interest
Period and in the approximate amount of the Eurodollar Rate Loan being made, continued or converted</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>U.S.
Government Securities Business Day&rdquo;</U></I></FONT></FONT><U> <FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">means
any day except for (i)&nbsp;a Saturday, (ii)&nbsp;a Sunday or (iii)&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</FONT></U><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;U.S.
Tax Compliance Certificate&rdquo; </I>has the meaning assigned to such term in Section&nbsp;3.01(e)(ii)(B).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><I><STRIKE>&ldquo;Voting
Stock&rdquo; </STRIKE></I><STRIKE>means, with respect to any Person, Equity Interests issued by such Person the holders of which are
ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions)
of such Person, even though the right so to vote has been suspended by the happening of such a contingency.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Wholly-Owned
Subsidiary&rdquo; </I>of a Person means (i)&nbsp;any Subsidiary all of the outstanding voting securities of which shall at the time be
owned or controlled, directly or indirectly, by such Person or one or more Wholly-Owned Subsidiaries of such Person, or by such Person
and one or more Wholly-Owned Subsidiaries of such Person, or (ii)&nbsp;any partnership, limited liability company, association, joint
venture or similar business organization 100% of the ownership interests having ordinary voting power of which shall at the time be so
owned or controlled. Except as otherwise specifically noted, each reference to &ldquo;Wholly-Owned Subsidiary&rdquo; contained herein
shall be to Subsidiaries of the Consolidated Parties meeting the qualifications noted above. Sponsored REITs shall not be considered
Wholly-Owned Subsidiaries.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;Write-Down
and Conversion Powers&rdquo;</I> means, <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)&nbsp;</U></FONT></FONT><FONT STYLE="font-size: 10pt">with
respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under
the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described .in the EU Bail-In
Legislation Schedule<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
and (b)&nbsp;with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability
arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide
that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect
of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;1031
Intermediary&rdquo; </I>means a Person in such person&rsquo;s capacity as an intermediary or accommodation holder in connection with
an exchange of property by Borrower or a Wholly-Owned Subsidiary intended to qualify under Section&nbsp;1031 of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>&ldquo;1031
Property&rdquo; </I>means a property whose legal title or other indicia of ownership is held by a 1031 Intermediary for the benefit of
Borrower or a Wholly-Owned Subsidiary as part of a 1031 tax exchange intended to qualify under Section&nbsp;1031 of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;1.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other
Interpretive Provisions</I>. With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such
other Loan Document:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#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;include,&rdquo; &ldquo;includes&rdquo;
and &ldquo;including&rdquo; shall be deemed to be followed by the phrase &ldquo;without limitation.&rdquo; The word &ldquo;will&rdquo;
shall be construed to have the same meaning and effect as the word &ldquo;shall.&rdquo; Unless the context requires otherwise, (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;hereto,&rdquo;
 &ldquo;herein,&rdquo; &ldquo;hereof&rdquo; and &ldquo;hereunder,&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;asset&rdquo;
and &ldquo;property&rdquo; shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible
assets and properties, including cash, securities, accounts and contract rights.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#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;from&rdquo; means &ldquo;from and
including;&rdquo; the words &ldquo;to&rdquo; and &ldquo;until&rdquo; each mean &ldquo;to but excluding;&rdquo; and the word &ldquo;through&rdquo;
means &ldquo;to and including.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;All
references herein to the &ldquo;knowledge&rdquo; of the Borrower shall be deemed to mean the actual knowledge of the chief executive
officer, president, chief financial officer, treasurer, secretary, assistant secretary, chief operating officer or general counsel of
Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;1.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounting
Terms</I>. Generally, 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 on the date of this Agreement (subject to subsection
(a)&nbsp;below) from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except
as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining compliance with any covenant
(including the computation of any financial covenant) contained herein,&nbsp;Indebtedness of the Borrower and its Subsidiaries shall
be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial
liabilities shall be disregarded.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Changes
in GAAP</I>. If at any time any change in GAAP (or any requirement with respect to adoption of International Financial Reporting Standards)
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 Administrative Agent, the Lenders and 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 (or any requirement with respect to adoption of International
Financial Reporting Standards) (subject to the approval of the Required Lenders); provided that, until so amended, (i)&nbsp;such ratio
or requirement shall continue to be computed in accordance with GAAP prior to such change therein (or prior to such requirement with
respect to adoption of International Financial Reporting Standards) and (ii)&nbsp;Borrower shall provide to the Administrative Agent
and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth
a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP (or before
and after giving effect to such requirement with respect to adoption of International Financial Reporting Standards).</FONT></P>

<P STYLE="font: 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: 0.5in"><FONT STYLE="font-size: 10pt">(b)<B><I>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</I></B><I>Consolidation
of Variable Interest Entities</I>. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or
to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each
case, be deemed to include each variable interest entity that Borrower is required to consolidate pursuant to FASB ASC 810 as if such
variable interest entity were a Subsidiary as defined herein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;1.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rounding</I>.
Any financial ratios required to be maintained by the Borrower pursuant to this Agreement shall be calculated by dividing the appropriate
component by the other component, carrying the result to one place 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).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;1.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Times
of Day</I>. Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or standard,
as applicable).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;1.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: blue"><FONT STYLE="font-size: 10pt"><I><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;1.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
Rates</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: Blue"><U STYLE="border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>The
Administrative 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 Benchmark, 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 Benchmark
or any other Benchmark prior to its discontinuance or unavailability, or (b)&nbsp;the effect, implementation or composition of any Conforming
Changes. The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation
of the Benchmark, any alternative, successor or replacement rate (including any Benchmark Replacement) and/or any relevant adjustments
thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its
reasonable discretion to ascertain the Benchmark 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></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: blue"><FONT STYLE="font-size: 10pt"><I><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;1.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Divisions</U></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>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.</U></FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;II</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>The
Commitments and Credit Extensions</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="color: red"><I><STRIKE>Term
A Loan. </STRIKE></I><STRIKE>The Borrower, the Administrative Agent and the Lenders hereby acknowledge and agree that the &ldquo;Lenders&rdquo;
(as defined in the Original Credit Agreement) with &ldquo;Commitments&rdquo; (as defined in the Original Credit Agreement) under the
Original Credit Agreement severally and not jointly advanced a loan under the Original Credit Agreement in the amount of $220,000,000
and that the Lenders hereunder desire that $55,000,000 of such loan be deemed outstanding as the <I>&ldquo;Term A Loan&rdquo;</I> hereunder.
In connection therewith, the &ldquo;Commitments&rdquo; under the Original Credit Agreement simultaneously terminated and no Lender under
this Agreement has any obligation to advance a Term A Loan to the Borrower. As of the Closing Date, the aggregate outstanding principal
amount of Term A Loans is $55,000,000, which Term A Loans continue as outstanding obligations under this Agreement ratably held by each
Term A Loan Lender in proportion to their respective Term A Loan Commitments. Term A Loans may be Base Rate Loans or Eurodollar Rate
Loans, as further provided herein</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>[Reserved]</U></I></FONT></FONT><I><FONT STYLE="font-size: 10pt">.</FONT></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Term
B Loan. </I>The Borrower, the Administrative Agent and the Lenders hereby acknowledge and agree that the &ldquo;Lenders&rdquo; (as defined
in the Original Credit Agreement) with &ldquo;Commitments&rdquo; (as defined in the Original Credit Agreement) under the Original Credit
Agreement severally and not jointly advanced a loan under the Original Credit Agreement in the amount of $220,000,000 and that the Lenders
hereunder desire that $165,000,000 of such loan be deemed outstanding as the <I>&ldquo;Term B Loan&rdquo;</I> hereunder. In connection
therewith, the &ldquo;Commitments&rdquo; under the Original Credit Agreement simultaneously terminated and no Lender under this Agreement
has any obligation to advance a Term B Loan to the Borrower. As of the Closing Date, the aggregate outstanding principal amount of Term
B Loans is $165,000,000, <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
as of the First Amendment Effective Date, the aggregate outstanding principal amount of Term B Loans is $125,000.000, </U></FONT></FONT><FONT STYLE="font-size: 10pt">which
Term B Loans continue as outstanding obligations under this Agreement ratably held by each Term B Loan Lender in proportion to their
respective Term B Loan Commitments. Term B Loans may be Base Rate Loans or <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;Loans, as further provided herein.</FONT></P>

<P STYLE="font: 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: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Borrowings,
Conversions and Continuations of Loans</I>. (a)&nbsp;The Borrowing, each conversion of Loans from one Type to the other, and each continuation
of <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;Loans shall be made upon the Borrower&rsquo;s irrevocable notice to the Administrative
Agent, which may be given by (A)&nbsp;telephone, or (B)&nbsp;a Loan Notice; <I>provided</I> that (i)&nbsp;there is no requirement for
notice of the Term <FONT STYLE="color: red"><STRIKE>A Loans and Term </STRIKE></FONT>B Loans deemed outstanding as of the <FONT STYLE="color: red"><STRIKE>date
hereof</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Closing
Date or the First Amendment Effective Date</U></FONT></FONT> <FONT STYLE="font-size: 10pt">pursuant to Section&nbsp;2.01, and (ii)&nbsp;any
telephonic notice must be confirmed promptly by delivery to the Administrative Agent of a Loan Notice. Each such Loan Notice must be
received by the Administrative Agent not later than 11:00 a.m.&nbsp;(i)&nbsp;three Business Days prior to the requested date of any Borrowing
of, conversion to or continuation of <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans or of any conversion of <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans to Base Rate Loans, and (ii)&nbsp;on the requested date of any Borrowing of Base
Rate Loans. Each Borrowing of, conversion to or continuation of <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in
excess thereof. Each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of
$500,000 in excess thereof. Each Loan Notice (whether telephonic or written) 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>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 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, a one (1)&nbsp;month <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan. Any such automatic conversion to one (1)&nbsp;month <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans in any such Loan Notice, but fails to specify an Interest Period, it will be deemed
to have specified an Interest Period of one month.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Following
receipt of a Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage of the
applicable Loans (<I>provided, however</I>, that in the case of Borrowings of <FONT STYLE="color: red"><STRIKE>Eurodollar</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans, such notice shall be given to each Lender not later than 11:00 a.m.&nbsp;two Business
Days prior to the requested date of such Borrowing), and if no timely notice of a conversion or continuation is provided by the Borrower,
the Administrative Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans described in the preceding
subsection. In the case of a Borrowing, each Lender shall make the amount of its Loan available to the Administrative Agent in immediately
available funds at the Administrative Agent&rsquo;s Office not later than 1:00 p.m.&nbsp;on the Business Day specified in the applicable
Loan Notice. Upon satisfaction of the applicable conditions set forth in Sections 4.01 and 4.02, the Administrative Agent shall make
all funds so received available to the Borrower in like funds as received by the Administrative Agent either by (i)&nbsp;crediting the
account of the Borrower on the books of BMO with the amount of such funds or (ii)&nbsp;wire transfer of such funds, in each case in accordance
with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as otherwise provided herein, a <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan may be continued or converted only on the last day of an Interest Period for such
<FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan. During the existence of a Default, the Required Lenders may elect not to permit
any Loans to be made as, converted to or continued as <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period for <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans upon determination of such interest rate. At any time that Base Rate Loans are
outstanding, the Administrative Agent shall notify the Borrower and the Lenders of any change in BMO&rsquo;s prime rate used in determining
the Base Rate promptly following the public announcement of such change.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;After
giving effect to the Borrowing, 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 Interest Periods in effect with respect to the Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intentionally
Omitted</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepayments</I>.
The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay Loans in whole or in part
without premium or penalty; <I>provided</I> that (i)&nbsp;such notice must be received by the Administrative Agent not later than 11:00
a.m.&nbsp;(A)&nbsp;two Business Days prior to any date of prepayment of <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans and (B)&nbsp;on the date of prepayment of Base Rate Loans; and (ii)&nbsp;any prepayment
of Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof; or, if less, the entire principal
amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment, <FONT STYLE="color: red"><STRIKE>whether
such Loans are Term A Loans or Term B Loans, </STRIKE></FONT>and the Type(s)&nbsp;of Loans to be prepaid and, if <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans are to be prepaid, the Interest Period(s)&nbsp;of such Loans. The Administrative
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. Any prepayment of a <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan shall be accompanied by all accrued interest on the amount prepaid, together with
any additional amounts required pursuant to Section&nbsp;3.05, if any. Subject to Section&nbsp;2.18, each such prepayment shall be applied
to the <FONT STYLE="color: red"><STRIKE>Term A Loans and/or</STRIKE></FONT> Term B Loans of the Lenders, as elected by the Borrower pursuant
to the notice herein referenced, in accordance with their respective Applicable Percentages.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repayment
of Loans</I>. (a)&nbsp;<FONT STYLE="color: red"><I><STRIKE>Term A Loan. </STRIKE></I><STRIKE>The Borrower shall repay to the Term A Loan
Lenders on the Term A Loan Maturity Date the aggregate principal amount of Term A Loans outstanding on such date.</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>[Reserved].</U></I></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Term
B Loan.</I> <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>After
the First Amendment Effective Date and on or prior to April&nbsp;1, 2024, the Borrower shall repay to the Term B Loan Lenders a portion
of the Term B Loans in an aggregate amount not less than $25,000,000 (or such lesser amount of Term B Loans outstanding on such date).
</U></FONT></FONT><FONT STYLE="font-size: 10pt">The Borrower shall repay to the Term B Loan Lenders on the Term B Loan Maturity Date
the aggregate principal amount of Term B Loans outstanding on such date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest</I>.
(a)&nbsp;Subject to the provisions of subsection (b)&nbsp;below, (i)&nbsp;each <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Adjusted
Term SOFR</U></FONT></FONT> <FONT STYLE="font-size: 10pt">for such Interest Period <I>plus</I> the applicable <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">margin identified in the definition of Applicable Rate; (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 plus the applicable Base Rate <FONT STYLE="color: red"><STRIKE>margin</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Margin
</U></FONT></FONT><FONT STYLE="font-size: 10pt">identified in the definition of Applicable Rate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;If
any amount of principal of any Loan is not paid within five (5)&nbsp;days after the date when due (other than at the <FONT STYLE="color: red"><STRIKE>Term
A Loan Maturity Date or</STRIKE></FONT> Term B Loan Maturity Date, whether at stated maturity or by acceleration, as to which such five
(5)&nbsp;day period shall not apply), such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times
equal to the Default Rate to the fullest extent permitted by applicable Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any amount (other than principal of any Loan) payable by the Borrower under any Loan Document is not paid within five (5)&nbsp;days after
the date when due (other than at the <FONT STYLE="color: red"><STRIKE>Term A Loan Maturity Date or</STRIKE></FONT> Term B Loan Maturity
Date, whether at stated maturity or by acceleration, as to which such five (5)&nbsp;day period shall not apply), then upon the request
of the Required Lenders, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the
Default Rate to the fullest extent permitted by applicable Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Upon
the request of the Required Lenders, while any Event of Default exists, the Borrower shall pay interest on the principal amount of all
outstanding Obligations hereunder at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent
permitted by applicable Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Accrued
and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Interest
on each Loan shall be due and payable in arrears 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.10.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.11.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Computation
of Interest and Fees</I>. All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to <FONT STYLE="color: red"><STRIKE>the
Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">)
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 each 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, <I>provided</I> that any
Loan that is repaid on the same day on which it is made shall, subject to Section&nbsp;2.13(a), bear interest for one day. Each determination
by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.12.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evidence
of Debt</I>. The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender
and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and
each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions 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 Administrative Agent in respect of such matters, the
accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made
through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.13.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments
Generally; Administrative Agent&rsquo;s Clawback</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>General</I>.
All payments to be made by the Borrower shall be made without condition or 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 Administrative Agent, for
the account of the respective Lenders to which such payment is owed, at the Administrative Agent&rsquo;s Office in Dollars and in immediately
available funds not later than 1:00 p.m.&nbsp;on the date specified herein. The Administrative Agent will promptly distribute to each
Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer
to such Lender&rsquo;s Lending Office and if such payments by Borrower are made to Administrative Agent by 1:00 p.m., the Administrative
Agent will distribute such funds to Lenders specified in this Section&nbsp;2.13(a)&nbsp;on that same Business Day. All payments received
by the Administrative Agent after 1:00 p.m.&nbsp;shall be deemed received on the next succeeding Business Day (and shall be distributed
to the Lenders in accordance with this Section&nbsp;2.13(a)&nbsp;on such 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, and such extension of time shall be reflected in computing interest or fees, as the case
may be.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&nbsp;<I>Funding
by Lenders; Presumption by Administrative Agent</I>. Unless the Administrative Agent shall have received notice from a Lender prior to
the proposed date of the Borrowing of Loans that such Lender will not make available to the Administrative Agent such Lender&rsquo;s
share of the Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance
with Section&nbsp;2.02 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 Administrative Agent, then the applicable Lender
and the Borrower severally agree to pay to the Administrative 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 Administrative 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 Administrative Agent in accordance with banking industry rules&nbsp;on interbank compensation,
plus any administrative, processing or similar fees customarily charged by the Administrative 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 Administrative Agent for the same or an overlapping period, the Administrative Agent shall
promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the
applicable Borrowing to the Administrative 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 Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Payments
by Borrower; Presumptions by Administrative Agent</I>. Unless the Administrative Agent shall have received notice from the Borrower prior
to the date on which any payment is due to the Administrative Agent for the account of the Lenders hereunder that the Borrower will not
make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and
may, in reliance upon such assumption, 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 Administrative 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 Administrative Agent, at the greater of the Federal Funds Rate and a rate determined
by the Administrative Agent in accordance with banking industry rules&nbsp;on interbank compensation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">A
notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this subsection (b)&nbsp;shall
be conclusive, absent manifest error.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Failure
to Satisfy Conditions Precedent</I>. If any Lender makes available to the Administrative Agent funds for any Loan to be made by such
Lender as provided in the foregoing provisions of this Article&nbsp;II, and such funds are not made available to the Borrower by the
Administrative Agent because the conditions to the applicable Credit Extension set forth in Article&nbsp;IV are not satisfied or waived
in accordance with the terms hereof, the Administrative Agent shall promptly return such funds (in like funds as received from such Lender)
to such Lender, without interest.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Obligations
of Lenders Several</I>. The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section&nbsp;10.04(c)&nbsp;are
several and not joint. The failure of any Lender to make any Loan or to make any payment under Section&nbsp;10.04(c)&nbsp;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 under Section&nbsp;10.04(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Funding
Source</I>. 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>No
Reborrowing.</I> No amount of the Loans that is paid or prepaid may be reborrowed.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.14.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sharing
of Payments by Lenders</I>. If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect
of any principal of or interest on any of the Loans made by it, resulting in such Lender&rsquo;s receiving payment of a proportion of
the aggregate amount of such Loans or participations and accrued interest thereon greater than its <I>pro rata </I>share thereof as provided
herein, then the Lender receiving such greater proportion shall (a)&nbsp;notify the Administrative Agent of such fact, and (b)&nbsp;purchase
(for cash at face value) participations in the Loans 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 in accordance with the aggregate amount of principal of and accrued
interest on their respective Loans and other amounts owing them, <I>provided</I> that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
any such participations 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</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#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 or on behalf of the Borrower 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 an assignment to the Borrower or any Affiliate thereof (as to which the provisions of
this Section&nbsp;shall apply).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Borrower
consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a participation
pursuant to the foregoing arrangements may exercise against Borrower rights of setoff and counterclaim with respect to such participation
as fully as if such Lender were a direct creditor of Borrower in the amount of such participation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.15.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.16.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="color: red"><STRIKE>Increase
in Commitments</STRIKE></FONT></I><FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Request
for Increase</I>. Provided there exists no Default, upon notice to the Administrative Agent (which shall promptly notify the Lenders),
the Borrower may from time to time request an increase in the Aggregate Commitments by an amount (for all such requests, in the aggregate)
not exceeding $100,000,000; <I>provided</I> that (I)&nbsp;any such request for an increase shall be in a minimum amount of $5,000,000,
(II)&nbsp;the Borrower may select an increase of Term A Commitments and/or Term B Commitments, and (III)&nbsp;the Borrower may make a
maximum of three (3)&nbsp;such requests. At the time of sending such notice, the Borrower (in consultation with the Administrative Agent)
shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten Business Days
from the date of delivery of such notice to the Lenders). Any increase of the Aggregate Commitments pursuant to this Section&nbsp;2.16
shall be subject to the agreement of one or more Lenders or Eligible Assignees (who may or may not then be a Lender hereunder) to provide
such increased Commitments pursuant to the terms hereof. Any additional term loans made pursuant to any increase in the Aggregate Commitments
shall be made on the same terms (including, without limitation, interest terms, payment terms and maturity date) as the existing Term
A Loans or Term B Loans, as applicable (it being understood that customary arrangement, commitment or upfront fees payable to one or
more arrangers (or their affiliates) or one or more of the lenders providing the increase of Aggregate Commitments (each an <I>&ldquo;Increasing
Term Lender&rdquo;</I>), as the case may be, may be different than those paid with respect to the Lenders under the Term Loans on the
Closing Date or with respect to any Increasing Term Lender in connection with any other increase in Aggregate Commitments pursuant to
this Section&nbsp;2.16).</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Lender
Elections to Increase</I>. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to increase
its Commitment and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested increase.
Any Lender not responding within such time period shall be deemed to have declined to increase its Commitment.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Notification
by Administrative Agent; Additional Lenders</I>. The Administrative Agent shall notify the Borrower and each Lender of the Lenders&rsquo;
responses to each request made hereunder. To achieve the full amount of a requested increase and subject to the approval of the Administrative
Agent, the Borrower and/or BMO may also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form
and substance</STRIKE></FONT> <FONT STYLE="font-size: 10pt; color: #00c000"><STRIKE>reasonably satisfactory to </STRIKE></FONT><FONT STYLE="font-size: 10pt; color: red"><STRIKE>the
Borrower, Administrative Agent and their respective counsel. BMO (and any other arranger selected by the Borrower and approved by BMO)
shall use their best efforts to procure such additional or increased Commitments, and facilitate such increase in the Aggregate Commitments,
and Borrower shall reasonably cooperate with such Persons to obtain new Commitments to support any such increase in the Commitments,
<I>provided</I> that Borrower will coordinate all such efforts (including, without limitation, any communications (written, electronic
or oral) with any prospective lending source) through BMO and any other arranger. In no event shall any Lender be obligated to provide
an additional Commitment.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Effective
Date and Allocations</I>. If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and the
Borrower shall determine the effective date (the <I>&ldquo;Increase Effective Date&rdquo;</I>) and the final allocation of such increase.
The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase
Effective Date.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Conditions
to Effectiveness of Increase</I>. As a condition precedent to such increase, the Borrower shall deliver to the Administrative Agent a
certificate of Borrower dated as of the Increase Effective Date (in sufficient copies for each Lender) signed</STRIKE></FONT>
<FONT STYLE="font-size: 10pt; color: #00c000"><STRIKE>by a Responsible Officer</STRIKE></FONT> <FONT STYLE="font-size: 10pt; color: red"><STRIKE>(i)&nbsp;certifying
and attaching (A)&nbsp;the resolutions adopted by the Borrower approving or consenting to such increase and (B)&nbsp;an update to Schedule
5.13 setting forth a complete and accurate list of all Subsidiaries, Joint Ventures and Unconsolidated Affiliates of the Borrower and
all Sponsored REITS of the Borrower, and (ii)&nbsp;certifying that, before and after giving effect to such increase, (A)&nbsp;the representations
and warranties contained in Article&nbsp;V of this Agreement are true and correct in all material respects on and as of the Increase
Effective Date, except (1)&nbsp;to the extent that such representations and warranties specifically refer to an earlier date, in which
case they are true and correct in all material respects as of such earlier date, and (2)&nbsp;except that for purposes of this Section&nbsp;2.16,
(x)&nbsp;the representations and warranties contained in subsections (a), (b)&nbsp;and (c)&nbsp;of Section&nbsp;5.05 shall be deemed
to refer to the most recent statements furnished pursuant to clauses (a)&nbsp;and (b), respectively, of Section&nbsp;6.01; and (y)&nbsp;the
representations and warranties contained in Section&nbsp;5.13 shall be deemed to refer to the most recent update to Schedule 5.13 furnished
pursuant to clause (B)&nbsp;of this paragraph 2.16(e)&nbsp;and shall be true and correct in all material respects as of the effective
date of such update, (z)&nbsp;the representations and warranties contained in the first and second sentences of Section&nbsp;5.21 shall
be deemed to refer to the most recent update to Schedule 5.21 furnished pursuant to Section&nbsp;6.02(a)(i), and shall be true and correct
in all material respects as of the effective date of such update, and (B)&nbsp;no Default or Event of Default exists. The Applicable
Percentages of the Lenders shall be recalculated concurrently with</STRIKE></FONT> <FONT STYLE="font-size: 10pt; color: #00c000"><STRIKE>the
effectiveness of any </STRIKE></FONT><FONT STYLE="font-size: 10pt; color: red"><STRIKE>increase in the Aggregate pursuant to this Section&nbsp;2.16.</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Conflicting
Provisions.</I> This Section&nbsp;shall supersede any provisions in Section&nbsp;10.01 to the contrary. Without limiting the foregoing,
an increase in Aggregate Commitments pursuant to this Section&nbsp;2.16 and any amendments to this Agreement made to evidence such increase
shall not require the consent of any Lender not participating in such increase</STRIKE></FONT><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>Reserved</U></I></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.17.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;2.18.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Defaulting
Lenders.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Adjustments.
</I>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:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Waivers
and Amendments.</I> 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 Section&nbsp;10.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Reallocation
of Payments.</I> Any payment of principal, interest, fees or other amounts received by the Administrative Agent for the account of that
Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article&nbsp;VIII or otherwise, and including any amounts
made available to the Administrative Agent by that Defaulting Lender pursuant to Section&nbsp;10.08), shall be applied at such time or
times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by that Defaulting Lender
to the Administrative Agent hereunder; second, to the payment of any amounts owing to the Lenders as a result of any judgment of a court
of competent jurisdiction obtained by any Lender against that Defaulting Lender as a result of that Defaulting Lender&rsquo;s breach
of its obligations under this Agreement; third, so long as no 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, <I>provided</I> that if an Event of Default exists,
such payment shall be applied in accordance with Section&nbsp;8.03; and fourth, to that Defaulting Lender or as otherwise directed by
a court of competent jurisdiction; <I>provided</I> 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 Section&nbsp;4.02 were satisfied or waived, such payment shall be applied solely to pay the Loans of all non-Defaulting
Lenders on a pro rata basis prior to being applied to the payment of any Loans of that Defaulting Lender. Any payments, prepayments or
other amounts paid or payable to a Defaulting Lender that are applied to pay amounts owed by a Defaulting Lender shall be deemed paid
to and redirected by that Defaulting Lender, and each Lender irrevocably consents hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Defaulting
Lender Cure.</I> If the Borrower and the Administrative Agent agree in writing in their sole discretion that a Defaulting Lender should
no longer be deemed to be a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective
date specified in such notice and subject to any conditions set forth therein that Lender will, to the extent applicable, purchase that
portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary
to cause the Loans to be held on a pro rata basis by the Lenders in accordance with their applicable Applicable Percentages, whereupon
that Lender will cease to be a Defaulting Lender; <I>provided</I> that except to the extent otherwise expressly agreed by the affected
parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder
arising from that Lender&rsquo;s having been a Defaulting Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;III</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Taxes,
Yield Protection and Illegality</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxes</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Payments
Free of Taxes; Obligation to Withhold; Payments on Account of Taxes.</I> (i)&nbsp;Any and all payments by or on account of any obligation
of the Borrower hereunder or under any other Loan Document shall to the extent permitted by applicable Laws be made free and clear of
and without reduction or withholding for any Indemnified Taxes. If, however, applicable Laws require the Borrower or the Administrative
Agent to withhold or deduct any Taxes, such Taxes shall be withheld or deducted in accordance with such Laws as determined by the Borrower
or the Administrative Agent, as the case may be, taking account the information and documentation to be delivered pursuant to subsection
(e)&nbsp;below.</FONT></P>

<P STYLE="font: 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: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
the Borrower or the Administrative Agent shall be required by applicable Law to withhold or deduct any Taxes, including both United States
federal backup withholding and withholding taxes, from any payment, then (A)&nbsp;the Administrative Agent shall withhold or make such
deductions as are determined by the Administrative Agent to be required based upon the information and documentation it has received
pursuant to subsection (e)&nbsp;below, (B)&nbsp;the Administrative Agent shall timely pay the full amount withheld or deducted to the
relevant Governmental Authority in accordance with applicable Law, and (C)&nbsp;to the extent that the withholding or deduction is made
on account of Indemnified Taxes, the sum payable by the Borrower 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 Section) the Administrative
Agent or Lender, as the case may be, receives an amount equal to the sum it would have received had no such withholding or deduction
been made.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Payment
of Other Taxes by the Borrower.</I> Without limiting the provisions of subsection (a)&nbsp;above, the Borrower shall timely pay any Other
Taxes to the relevant Governmental Authority in accordance with applicable Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Tax
Indemnifications. </I> (i)&nbsp;Without limiting the provisions of subsection (a)&nbsp;or (b)&nbsp;above, the Borrower shall, and does
hereby, indemnify the Administrative Agent and each Lender, and shall make payment in respect thereof within 10 days after written demand
therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts
payable under this Section) withheld or deducted by the Borrower or the Administrative Agent or paid by the Administrative Agent or such
Lender, as the case may be, 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. If the Borrower determines
in its good faith judgment that a reasonable basis exists for contesting an Indemnified Tax, the Administrative Agent and each Lender
shall reasonably cooperate, at no cost or expense to Administrative Agent or Lender, with the Borrower in challenging such Indemnified
Tax; <I>provided</I> that neither the Administrative Agent nor any Lender shall be required to make available its Tax returns (or any
other information relating to its Taxes that it deems confidential) to the Borrower or any other Person. The Borrower shall also, and
does hereby, indemnify the Administrative Agent, and shall make payment in respect thereof within 10 days after written demand therefor,
for any amount which a Lender for any reason fails to pay indefeasibly to the Administrative Agent as required by clause (ii)&nbsp;of
this subsection; <I>provided</I> that, such Lender shall indemnify the Borrower to the extent of any payment the Borrower makes to the
Administrative Agent pursuant to this sentence. Any claim against the Borrower pursuant to this Section&nbsp;must be made within 180
days of the payment by the Administrative Agent or the Lender to which such claim relates and must provide reasonable detail regarding
the amount of the claim and the reason thereof. A reasonably detailed certificate as to the amount of any such payment or liability delivered
to the Borrower by a Lender (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf
of a Lender, shall be conclusive absent manifest error.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Without
limiting the provisions of subsection (a)&nbsp;or (b)&nbsp;above, each Lender shall, and does hereby, indemnify the Borrower and the
Administrative Agent, and shall make payment in respect thereof within 10 days after written demand therefor, against any and all Excluded
Taxes attributable to such Lender and any and all related losses, claims, liabilities, penalties, interest and expenses (including the
fees, charges and disbursements of any counsel for the Borrower or the Administrative Agent) incurred by or asserted against the Borrower
or the Administrative Agent by any Governmental Authority as a result of the failure by such Lender to deliver, or as a result of the
inaccuracy, inadequacy or deficiency of, any documentation required to be delivered by such Lender to the Borrower or the Administrative
Agent pursuant to subsection (e). A reasonably detailed certificate as to the amount of such payment or liability delivered to any Lender
by the Administrative Agent or the Borrower shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative
Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement or any other Loan Document against
any amount due to the Administrative Agent under this clause (ii). The agreements in this clause (ii)&nbsp;shall survive the resignation
and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender the termination of the Aggregate
Commitments and the repayment, satisfaction or discharge of all other Obligations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Evidence
of Payments.</I> As soon as practicable, after any payment of Taxes by the Borrower or by the Administrative Agent to a Governmental
Authority as provided in this Section&nbsp;3.01, the Borrower shall deliver to the Administrative Agent or the Administrative Agent shall
deliver to the Borrower, as the case may be, 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 Borrower or the Administrative Agent, as the case may be.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Status
of Lenders; Tax Documentation.</I> (i)&nbsp;Each Lender shall deliver to the Borrower and to the Administrative Agent, at the time or
times prescribed by applicable Laws or when reasonably requested by the Borrower or the Administrative Agent, such properly completed
and executed documentation prescribed by applicable Laws or by the taxing authorities of any jurisdiction and such other reasonably requested
information as will permit the Borrower or the Administrative Agent, as the case may be, to determine (A)&nbsp;whether or not payments
made hereunder or under any other Loan Document are subject to Taxes, (B)&nbsp;if applicable, the required rate of withholding or deduction,
and (C)&nbsp;such Lender&rsquo;s entitlement to any available exemption from, or reduction of, applicable Taxes in respect of all payments
to be made to such Lender by the Borrower pursuant to this Agreement or otherwise to establish such Lender&rsquo;s status for withholding
tax purposes in the applicable jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Without
limiting the generality of the foregoing, if the Borrower is resident for tax purposes in the United States,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Lender that is a &ldquo;United States person&rdquo; within the meaning of Section&nbsp;7701(a)(30) of the Code shall deliver to the Borrower
and the Administrative Agent executed originals of Internal Revenue Service Form&nbsp;W-9 or such other documentation or information
prescribed by applicable Laws or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the
Administrative Agent, as the case may be, to determine whether or not such Lender is subject to backup withholding or information reporting
requirements; 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"></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"><FONT STYLE="font-size: 10pt">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
Foreign Lender shall deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient)
on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the
request of the Borrower or the Administrative Agent, but only if such Foreign Lender is legally entitled to do so), whichever of the
following is applicable:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(I)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;executed
originals of Internal Revenue Service Form&nbsp;W-8BEN or W-8BEN-E claiming eligibility for benefits of an income tax treaty to which
the United States is a party and/or certifying non-U.S. status,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(II)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;executed
originals of Internal Revenue Service Form&nbsp;W-8ECI,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(III)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;executed
originals of Internal Revenue Service Form&nbsp;W-8IMY and all required supporting documentation,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(IV)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under section 881(c)&nbsp;of the Code, (x)&nbsp;a
certificate substantially in the form of Exhibit&nbsp;I-1 to the effect that such Foreign Lender is not (A)&nbsp;a &ldquo;bank&rdquo;
within the meaning of section 881(c)(3)(A)&nbsp;of the Code, (B)&nbsp;a &ldquo;10 percent shareholder&rdquo; of the Borrower within the
meaning of section 881(c)(3)(B)&nbsp;of the Code, or (C)&nbsp;a &ldquo;controlled foreign corporation&rdquo; described in section 881(c)(3)(C)&nbsp;of
the Code (a <I>&ldquo;U.S. Tax Compliance Certificate&rdquo;</I>) and (y)&nbsp;executed originals of Internal Revenue Service Form&nbsp;W-8BEN
or W-8BEN-E, or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(V)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form&nbsp;W-8IMY, accompanied by IRS Form&nbsp;W-8ECI,&nbsp;IRS
Form&nbsp;W-8BEN or IRS Form&nbsp;W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of Exhibit&nbsp;I-2 or Exhibit&nbsp;I-3,&nbsp;IRS
Form&nbsp;W-9, and/or other certification documents from each beneficial owner, as applicable; <I>provided </I>that if the Foreign Lender
is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such
Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit&nbsp;I-4 on behalf of each such direct
and indirect partner; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(VI)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;executed
originals of any other form prescribed by applicable Laws as a basis for claiming exemption from or a reduction in United States federal
withholding tax together with such supplementary documentation as may be prescribed by applicable Laws to permit the Borrower or the
Administrative Agent to determine the withholding or deduction required to be made.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Each
Lender shall promptly (A)&nbsp;notify the Borrower and the Administrative Agent of any change in circumstances which would modify or
render invalid any claimed exemption or reduction, and (B)&nbsp;take such steps as shall not be materially disadvantageous to it, in
the reasonable judgment of such Lender, and as may be reasonably necessary (including the re-designation of its Lending Office) to avoid
any requirement of applicable Laws of any jurisdiction that the Borrower or the Administrative Agent make any withholding or deduction
for taxes from amounts payable to such Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">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 Administrative Agent at the time or times prescribed by law
and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable
law (including as prescribed by Section&nbsp;1471(b)(3)(C)(i)&nbsp;of the Code) and such additional documentation reasonably requested
by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations
under FATCA and to determine that such Lender has complied with such Lender&rsquo;s obligations under FATCA or to determine the amount
to deduct and withhold from such payment. Solely for purposes of this paragraph, <I>&ldquo;FATCA&rdquo; </I>shall include any amendments
made to FATCA after the date of this Agreement. For purposes of determining withholding Taxes imposed under FATCA, the Borrower and the
Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent to treat) this Agreement as not qualifying
as a &ldquo;grandfathered obligation&rdquo; within the meaning of Treasury Regulation Section&nbsp;1.1471-2(b)(2)(i).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Treatment
of Certain Refunds.</I> Unless required by applicable Laws, at no time shall the Administrative Agent have any obligation to file for
or otherwise pursue on behalf of a Lender, 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 the Administrative Agent any Lender determines, in good faith, that it has received a refund
of any Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant
to this Section, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional
amounts paid, by the Borrower under this Section&nbsp;with respect to the Taxes giving rise to such refund), net of all out-of-pocket
expenses incurred by the Administrative Agent or such Lender, as the case may be, and without interest (other than any interest paid
by the relevant Governmental Authority with respect to such refund), <I>provided</I> that the Borrower, upon the request of the Administrative
Agent or such Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by
the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender
is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this subsection, in no event
will the Administrative Agent or any Lender be required to pay any amount to the Borrower pursuant to this subsection the payment of
which would place the Administrative Agent or any Lender in a less favorable net after-Tax position than such Person would have been
in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the
indemnification payments or additional amounts with respect to such Tax had never been paid. This subsection shall not be construed to
require the Administrative Agent or any Lender to make available its tax returns (or any other information relating to its taxes that
it deems confidential) to the Borrower or any other Person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illegality</I>.
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 Loans whose interest is determined by reference to <FONT STYLE="color: red"><STRIKE>the
Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
or to determine or charge interest rates based upon <FONT STYLE="color: red"><STRIKE>the Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
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 <FONT STYLE="color: red"><STRIKE>London</STRIKE></FONT> interbank market, then, on notice thereof by such Lender to
the Borrower through the Administrative Agent, (i)&nbsp;any obligation of such Lender to make or continue <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;Loans or to convert Base Rate Loans to <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 the <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 Administrative Agent without reference to the <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;component of the Base Rate, in each case until such Lender notifies the Administrative
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 Administrative Agent), prepay or, if applicable, convert all <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 Administrative Agent without reference to the <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans to such day, or immediately, if such Lender may not lawfully continue to maintain
such <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
the Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference
to the <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">component thereof until the Administrative 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 Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR</U></FONT></FONT><FONT STYLE="font-size: 10pt">.
Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted, together
with any additional amounts referenced pursuant to Section&nbsp;3.05, if any.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inability
to Determine Rates</I>. <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Subject
to Section&nbsp;3.07, if, on or prior to the first day of any Interest Period for any SOFR Loan:</U></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If</STRIKE></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(a)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT></U><U><FONT STYLE="font-size: 10pt; color: #00c000">the
Administrative Agent determines (which determination shall be conclusive </FONT></U><FONT STYLE="font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">and
binding </U></FONT><U><FONT STYLE="font-size: 10pt; color: #00c000">absent manifest error) that </FONT></U><FONT STYLE="font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&ldquo;Term
SOFR&rdquo; cannot be determined pursuant to the definition thereof, or</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT></U><FONT STYLE="font-size: 10pt">the
Required Lenders determine <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>that
for any reason </U></FONT></FONT><FONT STYLE="font-size: 10pt">in connection with any request for a <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan or a conversion <FONT STYLE="color: red"><STRIKE>to</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>thereto
</U></FONT></FONT><FONT STYLE="font-size: 10pt">or <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>a
</U></FONT></FONT><FONT STYLE="font-size: 10pt">continuation thereof that <FONT STYLE="color: red"><STRIKE>(i)&nbsp;Dollar deposits are
not being offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar
Rate Loan, (ii)&nbsp;adequate and reasonable means do not exist for determining the Eurodollar Base Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Term
SOFR</U></FONT></FONT> <FONT STYLE="font-size: 10pt">for any requested Interest Period with respect to a proposed <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate Loan or in connection with an existing or proposed Base Rate Loan, or (iii)&nbsp;the Eurodollar Base Rate for any requested Interest
Period with respect to a proposed Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan does not adequately and fairly reflect the cost to such Lenders of funding such
Loan, <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
the Required Lenders have provided notice of such determination to the Administrative Agent,</U></FONT></FONT></P>

<P STYLE="font: 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: 0.5in"><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>then
</U></FONT><FONT STYLE="font-size: 10pt">the Administrative Agent will promptly so notify the Borrower and each Lender. <FONT STYLE="color: red"><STRIKE>Thereafter,
(x)&nbsp;the</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Upon
notice thereof by</U></FONT></FONT><U> <FONT STYLE="font-size: 10pt; text-underline-style: double; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">the
Administrative Agent </FONT></U><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">to
the Borrower, any</FONT></U> <FONT STYLE="font-size: 10pt">obligation of the Lenders to make or <FONT STYLE="color: red"><STRIKE>maintain
Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>continue
SOFR</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Loans shall be suspended (to the extent of the affected <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans <FONT STYLE="color: red"><STRIKE>or</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and,
in the case of a SOFR Loan, the affected</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Interest Periods)<FONT STYLE="color: red"><STRIKE>,
and (y)&nbsp;in the event of a determination described in the preceding sentence with respect to the Eurodollar Base Rate component of
the Base Rate, the utilization of the Eurodollar Base Rate component in determining the Base Rate shall be suspended, in each case</STRIKE></FONT>
until the Administrative Agent <FONT STYLE="color: red"><STRIKE>(upon the instruction of the Required Lenders) </STRIKE></FONT>revokes
such notice. Upon receipt of such notice, <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)&nbsp;</U></FONT></FONT><FONT STYLE="font-size: 10pt">the
Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans <FONT STYLE="color: red"><STRIKE>suspended</STRIKE></FONT> (to the extent of the
affected <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loans <FONT STYLE="color: red"><STRIKE>or</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and,
in the case of a SOFR Loan, the affected</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Interest Periods) or, failing that, <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
Borrower </U></FONT></FONT><FONT STYLE="font-size: 10pt">will be deemed to have converted <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>any
</U></FONT></FONT><FONT STYLE="font-size: 10pt">such request into a request for a Borrowing of <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>or
conversion to</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Base Rate Loans in the amount specified therein<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
at any time </STRIKE></FONT><STRIKE><FONT STYLE="font-size: 10pt; color: #00c000">the Administrative Agent determines (which determination
shall be conclusive absent manifest error) that </FONT></STRIKE><STRIKE><FONT STYLE="font-size: 10pt; color: red">(i)&nbsp;the circumstances
set forth in clause (a)(i)&nbsp;or (a)(ii)&nbsp;have arisen and such circumstances are unlikely to be temporary or (ii)&nbsp;the circumstances
set forth in clause (a)(i)&nbsp;or (a)(ii)&nbsp;have not arisen but one or more of the following has occurred: (w)&nbsp;the supervisor
for the administrator of LIBOR has made a public statement that the administrator of LIBOR is insolvent (and there is no successor administrator
that will continue publication of LIBOR), (x)&nbsp;the administrator of LIBOR has made a public statement identifying a specific date
after which LIBOR will permanently or indefinitely cease to be published by it (and there is no successor administrator that will continue
publication of LIBOR), (y)&nbsp;the supervisor for the administrator of LIBOR has made a public statement identifying a specific date
after which LIBOR will permanently or indefinitely cease to be published or (z)&nbsp;the supervisor for the administrator of LIBOR or
a Governmental Authority having jurisdiction over the Administrative Agent has made a public statement identifying a specific date after
which LIBOR may no longer be used for determining interest rates for loans, then</FONT></STRIKE><STRIKE> <FONT STYLE="font-size: 10pt; color: #00c000">the
Administrative Agent </FONT></STRIKE><STRIKE><FONT STYLE="font-size: 10pt; color: red">and the Borrower shall endeavor to establish an
alternate rate of interest to LIBOR that gives due consideration to the then prevailing market convention for determining a rate of interest
for syndicated loans in the United States at such time, and shall enter into an amendment to this Agreement to reflect such alternate
rate of interest, including any mathematical or other adjustments to the benchmark (if any) incorporated therein, and such other related
changes to this Agreement as may be applicable (but</FONT></STRIKE><STRIKE><FONT STYLE="font-size: 10pt; color: #00c000">, for the avoidance
of doubt, </FONT></STRIKE><STRIKE><FONT STYLE="font-size: 10pt; color: red">such related changes shall not include a reduction of the
Applicable Rate). Notwithstanding anything to the contrary in Section&nbsp;10.01, such amendment shall become effective without any further
action or consent of any other party to this Agreement so long as the Administrative Agent shall not have received, within five Business
Days of the date a copy of such amendment is provided to the Lenders, a written notice from the Required Lenders stating that such Required
Lenders object to such amendment. Until an alternate rate of interest shall be determined in accordance with this clause (b)&nbsp;(but,
in the case of the circumstances described in clause (ii)&nbsp;of the first sentence of this Section&nbsp;3.03(b)</FONT></STRIKE><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&nbsp;and
(ii)&nbsp;any outstanding affected SOFR Loans will be deemed to have been converted into Base Rate Loans immediately or, in the case
of a SOFR Loans</U></FONT><FONT STYLE="font-size: 10pt">, <FONT STYLE="color: red"><STRIKE>only to</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>at
</U></FONT></FONT><FONT STYLE="font-size: 10pt">the <FONT STYLE="color: red"><STRIKE>extent LIBOR for such</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>end
of the applicable </U></FONT></FONT><FONT STYLE="font-size: 10pt">Interest Period <FONT STYLE="color: red"><STRIKE>is not available or
published at such time on a current basis), (x)&nbsp;any Loan Notice that requests the conversion of any Borrowing to, or continuation
of any Borrowing as, a Eurodollar Borrowing shall be ineffective and any such Eurodollar Borrowing shall be repaid or converted into
a Base Rate Borrowing on the last day of the then current Interest Period applicable thereto, and (y)&nbsp;if any Borrowing Request requests
a Eurodollar Borrowing, such Borrowing shall be made as a Base Rate Borrowing; <I>provided</I> that, if such alternate rate of interest
shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement; <I>provided</I> that this floor of
zero shall not be applied to any Loan with respect to which the Borrower has entered into a corresponding Swap Contract for the amount
of such Loan so long as the Borrower has notified the Administrative Agent of such Swap Contract at least five (5)&nbsp;Business Days
prior to such applicable Interest Period</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>.
Upon any such conversion, the Borrower shall also pay any additional amounts required</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increased
Costs<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT></I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Increased
Costs Generally</I></STRIKE></FONT><I> <FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
Reduced Return </U></FONT></I><I><FONT STYLE="font-size: 10pt">.</FONT></I></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-align: justify; text-indent: 0.5in"><FONT STYLE="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><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue"></FONT></U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any Change in Law <FONT STYLE="color: red"><STRIKE>shall</STRIKE></FONT>:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</STRIKE></FONT><STRIKE><FONT STYLE="font-size: 10pt; color: #00c000">impose,
modify or deem applicable any reserve, special deposit</FONT></STRIKE><STRIKE><FONT STYLE="font-size: 10pt; color: red">, 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 reflected in the Eurodollar Rate);</FONT></STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;subject
any Lender to any tax of any kind whatsoever with respect to this Agreement or any Eurodollar Rate Loan made by it, or</STRIKE></FONT><STRIKE>
<FONT STYLE="font-size: 10pt; color: #00c000">change the basis of taxation of payments to </FONT></STRIKE><STRIKE><FONT STYLE="font-size: 10pt; color: red">such
Lender in respect thereof (except for Indemnified Taxes covered by Section&nbsp;3.01 and the imposition of, or any change in the rate
of, any Excluded Tax payable by such Lender</FONT></STRIKE></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;shall
subject any Lender (or its Lending Office) to any tax, duty or other charge with respect to its SOFR Loans, its Notes, or its participation
in any thereof or its obligation to make SOFR Loans, or to participate therein, or shall</FONT></U><U> <FONT STYLE="font-size: 10pt; color: #00c000">change
the basis of taxation of payments to </FONT></U><FONT STYLE="font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">any Lender (or its Lending Office) of the
principal of or interest on its SOFR Loans, or participations therein or any other amounts due under this Agreement or any other Loan
Document in respect of its SOFR Loans, any participation therein or its obligation to make SOFR Loans or acquire participations therein
(except for changes in the rate of tax on the overall net income of such Lender or its Lending Office imposed by the jurisdiction in
which such Lender&rsquo;s principal executive office or Lending Office is located); or</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(ii)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;shall
</FONT></U><U><FONT STYLE="font-size: 10pt; color: #00c000">impose, modify or deem applicable any reserve, special deposit</FONT></U>
<FONT STYLE="font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">or similar requirement (including any such requirement imposed by the FRB</U></FONT><FONT STYLE="font-size: 10pt">)<FONT STYLE="color: red"><STRIKE>;
</STRIKE></FONT>or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt; color: red"><STRIKE>(iii)&nbsp;
</STRIKE></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>shall
</U></FONT><FONT STYLE="font-size: 10pt">impose on any Lender <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(</U></FONT></FONT><FONT STYLE="font-size: 10pt">or
<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>its
Lending Office) or on</U></FONT></FONT> <FONT STYLE="font-size: 10pt">the <FONT STYLE="color: red"><STRIKE>London</STRIKE></FONT> interbank
market any other condition<FONT STYLE="color: red"><STRIKE>, cost or expense</STRIKE></FONT> affecting <FONT STYLE="color: red"><STRIKE>this
Agreement or Eurodollar Rate Loans made by such Lender</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>its
SOFR Loans, its Notes,</U></FONT></FONT> <FONT STYLE="font-size: 10pt">or <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>its
</U></FONT></FONT><FONT STYLE="font-size: 10pt">participation <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>in
any thereof or its obligation to make SOFR Loans, or to participate </U></FONT></FONT><FONT STYLE="font-size: 10pt">therein;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">and the result
of any of the foregoing <FONT STYLE="color: red"><STRIKE>shall be</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>is
</U></FONT></FONT><FONT STYLE="font-size: 10pt">to increase the cost to such Lender <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(or
its Lending Office)</U></FONT></FONT> <FONT STYLE="font-size: 10pt">of making or maintaining any <FONT STYLE="color: red"><STRIKE>Loan
the interest on which is determined by reference to the Eurodollar Rate (or of maintaining its obligation to make any such</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan<FONT STYLE="color: red"><STRIKE>)</STRIKE></FONT>, or <FONT STYLE="color: red"><STRIKE>to
increase the cost to such Lender)</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>participating
therein</U></FONT></FONT><FONT STYLE="font-size: 10pt">, or to reduce the amount of any sum received or receivable by such Lender <FONT STYLE="color: red"><STRIKE>hereunder
(whether of principal, interest</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(or
its Lending Office) under this Agreement</U></FONT></FONT> <FONT STYLE="font-size: 10pt">or <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>under
</U></FONT></FONT><FONT STYLE="font-size: 10pt">any other <FONT STYLE="color: red"><STRIKE>amount) then, upon request of</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Loan
Document with respect thereto, by an amount deemed by such Lender to be material, then, within 15 days after demand by</U></FONT></FONT>
<FONT STYLE="font-size: 10pt">such Lender <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(with
a copy to Administrative Agent)</U></FONT></FONT><FONT STYLE="font-size: 10pt">, <FONT STYLE="color: red"><STRIKE>the </STRIKE></FONT>Borrower
<FONT STYLE="color: red"><STRIKE>will</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>shall
be obligated to</U></FONT></FONT> <FONT STYLE="font-size: 10pt">pay to such Lender such additional amount or amounts as will compensate
such Lender for such <FONT STYLE="color: red"><STRIKE>additional costs incurred</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>increased
cost</U></FONT></FONT> <FONT STYLE="font-size: 10pt">or reduction <FONT STYLE="color: red"><STRIKE>suffered; <I>provided</I> that the
Borrower shall not be liable to any Lender for costs incurred more than one hundred eighty (180) days prior to receipt by the Borrower
of the certificate referred to in clause (c)&nbsp;below from such Lender</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Capital
Requirements</I>. If any Lender determines that any Change in Law affecting such Lender or any Lending Office of such Lender or such
Lender&rsquo;s holding company, if any, regarding capital <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>or
liquidity </U></FONT></FONT><FONT STYLE="font-size: 10pt">requirements <FONT STYLE="color: red"><STRIKE>or liquidity</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT></FONT><FONT STYLE="font-size: 10pt">has or would have the effect of reducing the rate of return on such Lender&rsquo;s capital
or on the capital 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 <FONT STYLE="color: red"><STRIKE>would</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>could
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 <FONT STYLE="color: red"><STRIKE>and
liquidity</STRIKE></FONT>), then from time to time<FONT STYLE="color: red"><STRIKE>, to the extent that such reduction in rate of return
is not reflected in the Base Rate or the Eurodollar Rate,</STRIKE></FONT> 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<FONT STYLE="color: red"><STRIKE>;
<I>provided</I> that the Borrower shall not be liable to any Lender for costs incurred more than one hundred eighty (180) days prior
to receipt by the Borrower of the certificate referred to in clause (c)&nbsp;below from such Lender. Each Lender shall allocate such
cost increases among its customers in good faith and on an equitable basis</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Certificates
for Reimbursement</I>. A certificate of a Lender setting forth the amount or amounts necessary to compensate such Lender or its holding
company<FONT STYLE="color: red"><STRIKE>, as the case may be,</STRIKE></FONT> as specified in <FONT STYLE="color: red"><STRIKE>subsection</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>paragraph
</U></FONT></FONT><FONT STYLE="font-size: 10pt">(a)&nbsp;or (b)&nbsp;of this Section&nbsp;and delivered to the Borrower<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT></FONT><FONT STYLE="font-size: 10pt">shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount
shown as due on any such certificate within <FONT STYLE="color: red"><STRIKE>ten (</STRIKE></FONT>10<FONT STYLE="color: red"><STRIKE>)</STRIKE></FONT>&nbsp;days
after receipt thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: red"><FONT STYLE="font-size: 10pt"><STRIKE>(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Delay
in Requests. </I> Failure or delay on the part of any Lender to demand compensation pursuant to the foregoing provisions of this Section&nbsp;shall
not constitute a waiver of such Lender&rsquo;s right to demand such compensation, <I>provided</I> 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 nine (9)&nbsp;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 nine-month period referred to above shall be extended to include the period
of retroactive effect thereof).</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; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compensation
for Losses</I>. Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate
such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#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);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#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</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
assignment of a <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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 Section&nbsp;10.13;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">including any loss
of anticipated profits and 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. The Borrower shall also pay any customary administrative
fees charged by such Lender in connection with the foregoing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">For
purposes of calculating amounts payable by the Borrower to the Lenders under this Section&nbsp;3.05, each Lender shall be deemed to have
funded each <FONT STYLE="color: red"><STRIKE>Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan made by it at the <FONT STYLE="color: red"><STRIKE>Eurodollar Base Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>rate
</U></FONT></FONT><FONT STYLE="font-size: 10pt">used in determining <FONT STYLE="color: red"><STRIKE>the Eurodollar Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">for such Loan by a matching deposit or other borrowing <FONT STYLE="color: red"><STRIKE>in
the London interbank eurodollar market </STRIKE></FONT>for a comparable amount and for a comparable period, whether or not such <FONT STYLE="color: red"><STRIKE>Eurodollar
Rate</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>SOFR
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Loan was in fact so funded.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitigation
Obligations; Replacement of Lenders</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Designation
of a Different Lending Office.</I> Each Lender may make any Credit Extension to the Borrower through any Lending Office, provided that
the exercise of this option shall not affect the obligation of the Borrower to repay the Credit Extension in accordance with the terms
of this Agreement. If any Lender requests compensation under Section&nbsp;3.04, or the Borrower is required to pay any additional amount
to any Lender or any Governmental Authority for the account of any Lender pursuant to Section&nbsp;3.01, or if any Lender gives a notice
pursuant to Section&nbsp;3.02, 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 reasonable
judgment of such Lender, such designation or assignment (i)&nbsp;would eliminate or reduce amounts payable pursuant to Section&nbsp;3.01
or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section&nbsp;3.02, 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.</FONT></P>

<P STYLE="font: 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: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Replacement
of Lenders.</I> If any Lender requests compensation under Sections 3.04 or 3.05, or if the Borrower is required to pay any additional
amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section&nbsp;3.01, or if a Lender gives
notice under Section&nbsp;3.02, the Borrower may replace such Lender in accordance with Section&nbsp;10.13.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;3.07<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>.</U></FONT></I></FONT><I><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effect
of Benchmark Transition Event</FONT></U></I><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">.
Notwithstanding anything to the contrary herein or in any other Loan Document (and any interest rate swap agreement shall be deemed not
to be a &ldquo;Loan Document&rdquo; for the purposes of this Section&nbsp; 3.07):</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; color: blue"><FONT STYLE="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><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Benchmark
Replacement</I>. Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its
related Benchmark Replacement Date have occurred prior to any setting of the then-current Benchmark, then (x)&nbsp;if a Benchmark Replacement
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) on the fifth (5<SUP>th</SUP>) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders without
any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative
Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required
Lenders. If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a monthly basis.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(b)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Benchmark
Replacement Conforming Changes. </I>In connection with the use, administration, adoption or implementation of a Benchmark Replacement,
the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary
herein or in any other Loan Document, any amendments implementing such Conforming Changes will become effective without any further action
or consent of any other party to this Agreement or any other Loan Document.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(c)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Notice;
Standards for Decisions and Determinations. </I>The Administrative Agent will promptly notify the Borrower and the Lenders of (i)&nbsp;the
implementation of any Benchmark Replacement and (ii)</FONT></U><U><FONT STYLE="font-size: 10pt; color: #00c000">&nbsp;the effectiveness
of any </FONT></U><FONT STYLE="font-size: 10pt; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Conforming Changes in connection with the use, administration, adoption
or implementation of a Benchmark Replacement. The Administrative Agent will promptly notify the Borrower and the Lenders of the removal
or reinstatement of any tenor of a Benchmark pursuant to Section&nbsp;3.07. Any determination, decision or election that may be made
by the Administrative Agent or, if applicable, any Lender (or group of Lenders) pursuant to this Section&nbsp;3.07, including any determination
with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision
to take or refrain from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its
or their sole discretion and without consent from any other party to this Agreement or any other Loan Document, except, in each case,
as expressly required pursuant to this Section&nbsp;3.07.</U></FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(d)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Unavailability
of Tenor of Benchmark. </I>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 Administrative 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 not or will not be representative, then the Administrative 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, 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 not or will not be representative for a Benchmark (including a Benchmark Replacement), then the
Administrative 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.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(e)</U></FONT><U><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Benchmark
Unavailability Period</I>. Upon the Borrower&rsquo;s receipt of notice of the commencement of a Benchmark Unavailability Period, the
Borrower may revoke any pending request for a SOFR Borrowing of, conversion to or continuation of SOFR 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. During a Benchmark Unavailability Period or at any time that a tenor
for the then-current Benchmark is not an Available Tenor, the component of Base Rate based upon the then-current Benchmark or such tenor
for such Benchmark, as applicable, will not be used in any determination of Base Rate.</FONT></U></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: blue"><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;3.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change
in Law</U></I><U>. Notwithstanding any other provisions of this Agreement or any other Loan Document, if at any time any Change in Law
or regulation or in the interpretation thereof makes it unlawful for any Lender to make or continue to maintain any SOFR Loans or to
perform its obligations as contemplated hereby, such Lender shall promptly give notice thereof to Borrower and such Lender&rsquo;s obligations
to make or maintain SOFR Loans under this Agreement shall be suspended until it is no longer unlawful for such Lender to make or maintain
SOFR Loans. Borrower shall prepay on demand the outstanding principal amount of any such affected SOFR Loans, together with all interest
accrued thereon and all other amounts then due and payable to such Lender under this Agreement; provided, that, subject to all of the
terms and conditions of this Agreement, Borrower may then elect to borrow the principal amount of the affected SOFR Loans from such Lender
by means of Base Rate Loans from such Lender, which Base Rate Loans shall not be made ratably by the Lenders but only from such affected
Lender and which shall be determined without reference to clause (c)&nbsp;of the definition of &ldquo;Base Rate&rdquo;. Upon any such
repayment, the Borrower shall also pay any additional amounts required pursuant to Section&nbsp;10.04.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>Section&nbsp;3.09</U></I></FONT><I><FONT STYLE="font-size: 10pt">.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Survival</FONT></I><FONT STYLE="font-size: 10pt">.
All of the Borrower&rsquo;s obligations under this Article&nbsp;III shall survive termination of the Aggregate Commitments, repayment
of all other Obligations hereunder, and resignation of the Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;IV</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Conditions
Precedent to Credit Extensions</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;4.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conditions
of Initial Credit Extension</I>. The obligation of each Lender to make its Loan hereunder is subject to satisfaction of the following
conditions precedent:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Administrative Agent&rsquo;s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals)
unless otherwise specified, each properly executed by a Responsible Officer of the Borrower, each dated the Closing Date (or, in the
case of certificates of governmental officials, a recent date before the Closing Date) and each in form and substance satisfactory to
the Administrative Agent and each of the Lenders:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;fully
executed counterparts of this Agreement, sufficient in number for distribution to the Administrative Agent, each Lender and Borrower;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notes
executed by the Borrower in favor of each Lender requesting a Note;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#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 Borrower as
the Administrative Agent may reasonably require evidencing the identity, authority and capacity of the Responsible Officers authorized
to act as Responsible Officers in connection with this Agreement and the other Loan Documents to which Borrower is a party;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
documents and certifications as the Administrative Agent may reasonably require to evidence that Borrower is duly organized or formed,
and that Borrower is validly existing, in good standing and qualified to engage in business in each jurisdiction where its ownership,
lease or operation of properties or the conduct of its business requires such qualification, except to the extent that failure to do
so would not reasonably be expected to have a Material Adverse Effect;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
favorable opinion of counsel to the Borrower addressed to the Administrative Agent and each Lender, as to the matters set forth in Exhibit&nbsp;B;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
certificate signed by a Responsible Officer certifying (A)&nbsp;that each Consolidated Party is in compliance in all material respects
with all existing contractual financial obligations except where the failure to comply would not reasonably be expected to have a Material
Adverse Effect, (B)&nbsp;all governmental, shareholder and third party consents and approvals necessary for the Borrower to enter into
the Loan Documents and perform thereunder, if any, have been obtained, except where the failure to obtain would not reasonably be expected
to have a Material Adverse Effect, (C)&nbsp;immediately after giving effect to this Agreement, the other Loan Documents and all the transactions
contemplated therein to occur on such date, (1)&nbsp;to such Responsible Officer&rsquo;s knowledge, no Default or Event of Default exists,
(2)&nbsp;all representations and warranties contained herein are true and correct in all material respects, and (3)&nbsp;the Borrower
is in pro forma compliance (after giving effect to the Term Loans hereunder) with each of the financial covenants set forth in Section&nbsp;7.11
for the fiscal quarter ending June&nbsp;30, 2018 (which calculation, including a detailed calculation of each such financial covenant,
has been delivered to the Administrative Agent prior to Closing); (D)&nbsp;that the conditions specified in Sections 4.02(a)&nbsp;and
(b)&nbsp;have been satisfied; and (E)&nbsp;that, to such Responsible Officer&rsquo;s knowledge, there has been no event or circumstance
since the date of the Audited Financial Statements that has had or would be reasonably expected to have, either individually or in the
aggregate, a Material Adverse Effect;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;evidence
that all insurance required to be maintained pursuant to the Loan Documents has been obtained and is in effect;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
other assurances, certificates, documents or consents as the Administrative Agent or the Required Lenders reasonably may require; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ix)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
of the Lenders shall have received, sufficiently in advance of the Closing Date, all documentation and other information requested by
any such Lender at least five (5)&nbsp;days prior to the Closing Date required by bank regulatory authorities under applicable &ldquo;know
your customer&rdquo; and anti-money laundering rules&nbsp;and regulations, including without limitation, the PATRIOT Act including, without
limitation, the information described in Section&nbsp;10.18; and the Administrative Agent shall have received a fully executed Internal
Revenue Service Form&nbsp;W-9 (or its equivalent) for the Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
shall not have occurred since June&nbsp;30, 2018 any event or condition that has had or would be reasonably expected, either individually
or in the aggregate, to have a Material Adverse Effect, as determined by Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
shall not exist any action, suit, investigation, or proceeding pending, or to the knowledge of Borrower, threatened in writing, in any
court or before any arbitrator or Governmental Authority that would reasonably be expected to have a Material Adverse Effect, as determined
by the Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
fees required to be paid on or before the Closing Date shall have been paid and all reimbursable expenses for which invoices have been
presented to Borrower on or before the Closing Date shall have been paid.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Unless
waived by the Administrative Agent, the Borrower shall have paid all reasonable fees, charges and disbursements of counsel to the Administrative
Agent (directly to such counsel if requested by the Administrative Agent) to the extent invoiced to Borrower prior to or on the Closing
Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Without limiting
the generality of the provisions of the last paragraph of Section&nbsp;9.03, for purposes of determining compliance with the conditions
specified in this Section&nbsp;4.01, 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 Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying
its objection thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;4.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Conditions
to all Credit Extensions</I>. The obligation of each Lender to honor any Request for Credit Extension (other than a Loan Notice requesting
only a conversion of Loans to the other Type, or a continuation of Loans) is subject to the following conditions precedent:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
representations and warranties of the Borrower contained in Article&nbsp;V of this Agreement shall be true and correct in all material
respects on and as of the date of such Credit Extension, 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 as of such earlier date, and (ii)&nbsp;except that for purposes
of this Section&nbsp;4.02, (1)&nbsp;the representations and warranties contained in subsections (a), (b)&nbsp;and (c)&nbsp;of Section&nbsp;5.05
shall be deemed to refer to the most recent statements furnished pursuant to clauses (a)&nbsp;and (b), respectively, of Section&nbsp;6.01;
and (2)&nbsp;the representations and warranties contained in Section&nbsp;5.13(a)&nbsp;shall be deemed to refer to the most recent update
to Schedule 5.13(a)&nbsp;furnished pursuant to Section&nbsp;6.02(a)(ii<FONT STYLE="color: red"><STRIKE>)&nbsp;(or Section&nbsp;2.16 as
applicable</STRIKE></FONT>), and shall be true and correct in all material respects as of the effective date of such update, and (3)&nbsp;the
representations and warranties contained in the first and second sentences of Section&nbsp;5.21 shall be deemed to refer to the most
recent update to Schedule 5.21 furnished pursuant to Section&nbsp;6.02(a)(i), and shall be true and correct in all material respects
as of the effective date of such update.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Default or Event of Default shall exist, or would result from such proposed Credit Extension or from the application of the proceeds
thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
with respect to any Credit Extension outstanding as of the date hereof, the Administrative Agent shall have received a Request for Credit
Extension in accordance with the requirements hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Each Request for
Credit Extension (other than a Loan Notice requesting only a conversion of Loans to the other Type or a continuation of Loans) submitted
by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a)&nbsp;and (b)&nbsp;have
been satisfied on and as of the date of the applicable Credit Extension.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;V</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Representations
and Warranties</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Borrower represents and warrants to the Administrative Agent and the Lenders that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Existence,
Qualification and Power</I>. Borrower (a)&nbsp;is duly organized or formed and validly existing under the Laws of the jurisdiction of
its incorporation or organization, (b)&nbsp;has all requisite power and authority and all requisite governmental licenses, 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 in good standing, as applicable, under the Laws of the jurisdiction
of its incorporation and is duly qualified and is licensed and, as 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 (b)(i)&nbsp;or (c), to the extent that failure to do so would not reasonably be expected to have a Material
Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Authorization;
No Contravention</I>. The execution, delivery and performance by Borrower of each Loan Document to which Borrower is party, have been
duly authorized by all necessary corporate or other organizational action, and do not and will not (a)&nbsp;contravene the terms of Borrower&rsquo;s
Organization Documents; (b)&nbsp;conflict with or result in any breach or contravention of, or the creation of any Lien under, or require
any payment to be made under (i)&nbsp;any Contractual Obligation to which Borrower is a party or affecting Borrower or the properties
of Borrower or any of its Subsidiaries or (ii)&nbsp;any order, injunction, writ or decree of any Governmental Authority or any arbitral
award to which Borrower or its property is subject; or (c)&nbsp;violate any Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governmental
Authorization; Other Consents</I>. No 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 and delivery of, and the performance
of the Borrower&rsquo;s obligations under this Agreement or any other Loan Document, except where such approval, consent, exemption,
authorization, action, notice or filing has been obtained or made, and except where the failure to do so would not reasonably be expected
to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Binding
Effect.</I> This Agreement has been, and each other Loan Document, when delivered hereunder, will have been, duly executed and delivered
by Borrower. This Agreement constitutes, and each other Loan Document when so delivered will constitute, a legal, valid and binding obligation
of Borrower, enforceable against Borrower in accordance with its terms, except as enforceability is limited by bankruptcy, insolvency,
reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors&rsquo; rights and except to
the extent that availability of the remedy of specific performance or injunctive relief is subject to the discretion of the court before
which any proceeding therefore may be brought.</FONT></P>

<P STYLE="font: 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: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statements; No Material Adverse Effect</I>. (a)&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; (ii)&nbsp;fairly present in
all material respects 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; and (iii)&nbsp;show all material indebtedness and other material liabilities, direct or contingent, of the Borrower
and its Subsidiaries as of the date thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
unaudited consolidated balance sheet of the Borrower and its Subsidiaries dated June&nbsp;30, 2018, 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 in all material respects 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. Schedule 5.05 sets forth all material indebtedness and other liabilities, direct or contingent, of the Borrower
and its consolidated Subsidiaries as of the Closing Date not otherwise disclosed or referenced (or otherwise contemplated) in the Form&nbsp;10-Q
report of Borrower filed with the SEC for the most recent fiscal quarter ended prior to the Closing Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 would reasonably be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Litigation</I>.
There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Borrower, threatened in writing, at
law, in equity, in arbitration or before any Governmental Authority, by or against the Borrower or any of its Subsidiaries or against
any of their properties or revenues that (a)&nbsp;question the validity of this Agreement or any other Loan Document, or any of the Credit
Extensions contemplated hereby, or (b)&nbsp;except as specifically disclosed in Schedule 5.06, either individually or in the aggregate,
would reasonably be expected to have a Material Adverse Effect, and there has been no material adverse change in the status, or financial
effect on any Borrower or Subsidiary thereof, of the matters described on Schedule 5.06.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Default</I>. Neither Borrower nor any Subsidiary thereof is in default under or with respect to any Contractual Obligation that would,
either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Default has occurred and is continuing
or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ownership
of Property; Liens</I>. Borrower and each Subsidiary of Borrower has good record and marketable title in fee simple to, or valid leasehold
interests in, all real property necessary or used in the ordinary conduct of its business, except for Permitted Liens and except for
such defects in title as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property
of the Borrower and its Subsidiaries is subject to no Liens, other than Permitted Liens.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Environmental
Compliance</I>. Except as set forth on Schedule 5.09, neither Borrower nor any Subsidiary (a)&nbsp;has received any written notice or
other written communication or otherwise has knowledge of any Environmental Liability of Borrower or any Subsidiary which would individually
or in the aggregate reasonably be expected to have a Material Adverse Effect arising in connection with: (i)&nbsp;any non compliance
with or violation of the requirements of any Environmental Law by Borrower or any Subsidiary, or any permit issued under any Environmental
Law to Borrower or any Subsidiary of Borrower; or (ii)&nbsp;the Release or threatened Release of any Hazardous Materials into the environment;
or (b)&nbsp;to its knowledge, has threatened or actual liability in connection with the Release or threatened Release of any Hazardous
Materials into the environment which would individually or in the aggregate reasonably be expected to have a Material Adverse Effect.
Except as would not reasonably be expected to have a Material Adverse Effect, neither Borrower nor any Subsidiary of Borrower has received
any Environmental Complaint.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.10.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insurance</I>.
The Properties of the Borrower and the Properties of each of its Subsidiaries are insured with financially sound and reputable insurance
companies that are not Affiliates of the Borrower, in such amounts, with such deductibles and covering such risks as are customarily
carried by companies engaged in similar businesses and owning similar properties in localities where the Borrower or the applicable Subsidiary
operates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.11.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxes</I>.
The Borrower and each Subsidiary has filed all federal, state and other material tax returns and reports required by applicable Law to
be filed, and has paid, or made adequate provision for the payment of all federal, state and other material Taxes that have been levied
or imposed upon the Borrower or a Subsidiary, as applicable, or their properties, income or assets or that are otherwise due and payable,
except those which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate reserves
have been provided in accordance with GAAP and except, in each case, to the extent that the failure to do so would not reasonably be
expected to have a Material Adverse Effect. There is no proposed tax assessment against the Borrower or any Subsidiary that would reasonably
be expected to have a Material Adverse Effect. Neither the Borrower nor any Subsidiary is party to any agreement the principal purpose
of which is to share tax liabilities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.12.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ERISA
Compliance</I>. (a)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each Plan is in compliance in all material respects with the applicable provisions
of ERISA, the Code and other federal or state laws. Each Pension 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, or such Plan is covered by an opinion letter issued by the Internal Revenue Service. To the
best knowledge of the Borrower, nothing has occurred that would prevent or cause the loss of such tax-qualified status.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;There
are no pending or, to the best knowledge of the Borrower, threatened claims, actions or lawsuits, or action by any Governmental Authority,
with respect to any 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(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; (ii)&nbsp;the Borrower and each ERISA Affiliate
has met 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 60% or higher
and neither the Borrower nor any ERISA Affiliate knows of any facts or circumstances that would reasonably be expected to cause the funding
target attainment percentage for any such plan to drop below 60% as of the most recent valuation date; (iv)&nbsp;neither the Borrower
nor any ERISA Affiliate has incurred any 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 that would
be subject to 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Neither
the Borrower nor any ERISA Affiliate maintains or contributes to, or has any unsatisfied obligation to contribute to, or liability under,
any active or terminated Pension Plan other than (A)&nbsp;on the Closing Date, those listed on Schedule 5.12(d)&nbsp;hereto and (B)&nbsp;thereafter,
Pension Plans not otherwise prohibited by this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.13.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsidiaries;
Other Equity Investments</I>. (a)&nbsp;Set forth on Schedule 5.13 is a complete and accurate list of all Subsidiaries, Joint Ventures
and Unconsolidated Affiliates of the Borrower and any Subsidiary thereof as of the date of this Agreement and as updated in accordance
with the terms of Section&nbsp;6.02 hereof, including their respective business forms and jurisdictions of organization. The Equity Interests
owned by Borrower any and Subsidiary of Borrower in each Subsidiary and Joint Venture/Unconsolidated Affiliate are validly issued, fully
paid and non-assessable and are owned by Borrower free and clear of all Liens other than Permitted Liens.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Also
set forth on Schedule 5.13 is a complete and accurate list of all Sponsored REITS of the Borrower or any Subsidiary of Borrower as of
the date of this Agreement, including their respective business forms and jurisdictions of organization. The Equity Interests owned by
Borrower or any Subsidiary of Borrower in each Sponsored REIT are validly issued, fully paid and non-assessable and are owned by Borrower
or any Subsidiary of Borrower free and clear of all Liens other than Permitted Liens. The representations with respect to Sponsored REITS
are given only as of the Closing Date <FONT STYLE="color: red"><STRIKE>and as required under Section&nbsp;2.16 hereof</STRIKE></FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.14.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Margin
Regulations; Investment Company Act</I>. (a)&nbsp;The Borrower is not engaged, and will not engage, principally 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;None
of the Borrower nor any Subsidiary is or is required to be registered as an &ldquo;investment company&rdquo; under the Investment Company
Act of 1940.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.15.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Disclosure</I>.
The Borrower has disclosed to the Administrative Agent and the Lenders all material agreements, instruments and corporate or other restrictions
to which it or any of its Subsidiaries are subject, and all other matters known to it, that, individually or in the aggregate, would
reasonably be expected to result in a Material Adverse Effect. No report, financial statement, certificate or other information furnished
(whether in writing or orally) by or on behalf of Borrower to the Administrative Agent or any Lender in connection with the transactions
contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case, as modified
or supplemented by other information so furnished) taken as a whole contains any material misstatement of fact or omits to state any
material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading;
<I>provided</I> that, with respect to projected financial information, the Borrower represents only that such information was prepared
in good faith based upon assumptions that Borrower believed to be reasonable at the time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.16.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compliance
with Laws</I>. Borrower and each Subsidiary thereof is in compliance in all material respects with the requirements of all Laws (including
without limitation the PATRIOT Act) and all orders, writs, injunctions and decrees applicable to it or to its properties, 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 or (b)&nbsp;the failure to comply therewith, either individually or in the aggregate, would not reasonably
be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.17.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Taxpayer
Identification Number</I>. The Borrower has provided to Administrative Agent prior to the Closing Date a true and correct U.S. taxpayer
identification number for Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.18.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OFAC;
Anti-Corruption Laws; PATRIOT Act</I>. Neither the Borrower, nor any of its Subsidiaries, nor, to the best knowledge of the Borrower
and its Subsidiaries, any director, officer or employee thereof, is an individual or entity that is, or is owned or controlled by any
individual or entity that is (i)&nbsp;currently the subject or target of any Sanctions or (ii)&nbsp;located, organized or resident in
a Designated Jurisdiction. Borrower, and its Subsidiaries, and, to the knowledge of the Borrower, its officers, employees, directors
and agents, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. No Credit Extension, use of
the proceeds of any Credit Extension, or other transactions contemplated hereby will violate Anti-Corruption Laws or applicable Sanctions.
Neither the making of the Credit Extensions nor the use of the proceeds thereof will violate the PATRIOT Act, the Trading with the Enemy
Act. As amended, or any of the foreign assets control regulations of the United States Treasury Department (31 C.F.R. Subtitle B, Chapter
V, as amended) or any enabling legislation or executive order relating thereto or successor statute thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.19.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REIT
Status</I>. Borrower has elected status as a real estate investment trust under Section&nbsp;856 of the Code and currently is in compliance
in all material respects with all provisions of the Code applicable to the qualification of Borrower as a real estate investment trust.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.20.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Solvency</I>.
Borrower, on a consolidated basis, (a)&nbsp;is not insolvent nor will be rendered insolvent by the Credit Extensions, (b)&nbsp;does not
have unreasonably small capital with which to engage in its business, and (c)&nbsp;has not incurred indebtedness beyond its ability to
pay such indebtedness as it matures. The Borrower, on a consolidated basis, has assets having a value in excess of amounts required to
pay any indebtedness.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.21.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eligible
Unencumbered Property Pool Properties</I>. Schedule 5.21 hereto contains a complete and accurate list of all Properties comprising the
Eligible Unencumbered Property Pool as of the Closing Date (and as updated in accordance with the terms of Section&nbsp;6.02 hereof)
and a description of each Property as a CBD or Urban Infill Property or a Suburban Property. Each Property comprising the Eligible Unencumbered
Property Pool satisfies each of the requirements set forth in the definition of &ldquo;Eligible Unencumbered Property Pool.&rdquo; The
Borrower makes the following representations and warranties, to its knowledge, with respect to each individual Property included in the
Eligible Unencumbered Property Pool, as of the Closing Date (or, if later, as of the date such Property is added to the Eligible Unencumbered
Property Pool) and except as disclosed in the Borrower&rsquo;s filings with the Securities and Exchange Commission or otherwise disclosed
in writing to the Administrative Agent:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Availability
of Utilities.</I> (i)&nbsp;all utility services necessary and sufficient for the use and operation of each Property comprising the Eligible
Unencumbered Property Pool are presently available to the boundaries of each of the Properties comprising the Eligible Unencumbered Property
Pool through dedicated public rights of way or through perpetual private easements; and (ii)&nbsp;the owner has obtained all material
utility installations and connections required for the operation and servicing of each of the Properties comprising the Eligible Unencumbered
Property Pool for its intended purposes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Access.
</I>(i)&nbsp;the rights of way for all roads necessary for the utilization in all material respects of each of the Properties comprising
the Eligible Unencumbered Property Pool for its intended purposes have either been acquired by the appropriate Governmental Authority
or have been dedicated to public use and accepted by such Governmental Authority; (ii)&nbsp;all such roads have been completed and the
right to use all such roads, or suitable substitute rights of way, have been obtained; and (iii)&nbsp;all curb cuts, driveways and traffic
signals required for the operation and use in all material respects of each of the Properties comprising the Eligible Unencumbered Property
Pool are existing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Condition
of Eligible Unencumbered Property Pool Properties.</I> (i)&nbsp;neither the Eligible Unencumbered Property Pool Properties nor any material
part thereof is now damaged or injured as result of any material fire, explosion, accident, flood or other casualty that is not covered
by insurance, and no Taking is pending or contemplated and (ii)&nbsp;Borrower is not aware of any material or patent structural defect
in any Property comprising the Eligible Unencumbered Property Pool.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Compliance
with Requirements/Historic Status/Flood Area.</I> The Eligible Unencumbered Property Pool Properties comply in all material respects
with all material Requirements. Borrower has received no written notice alleging any material non-compliance by any of the Properties
comprising the Eligible Unencumbered Property Pool with any Requirements or indicating that any of the Properties comprising the Eligible
Unencumbered Property Pool are located within any historic district or have, or may be, designated as any kind of historic or landmark
site under applicable Requirements. None of the Properties comprising the Eligible Unencumbered Property Pool is located in any special
flood hazard area as defined under applicable Requirements, unless such Property is adequately covered by flood insurance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Other
Contracts.</I> The Borrower has not made any material contract or arrangement of any kind or type whatsoever (whether oral or written,
formal or informal), the performance of which by the other party thereto would reasonably be expected to give rise to a Lien on any of
the Properties comprising the Eligible Unencumbered Property Pool other than a Permitted Lien.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Violations.
</I>The Borrower has received no written notices of any violation of any applicable material Requirements with respect to any of the
Properties comprising the Eligible Unencumbered Property Pool.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.22.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anti-Corruption
Laws</I>. To the best of the Borrower&rsquo;s knowledge after due diligence, the Borrower and its Subsidiaries have conducted their businesses
in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010, and other similar anti-corruption
legislation in other applicable jurisdictions and have instituted and maintained policies and procedures designed to promote and achieve
compliance with such laws by the Borrower, its Subsidiaries and, to the Borrower&rsquo;s knowledge, their respective directors, officers
and employees.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.23.</I>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>EEA
Financial Institutions</I>. None of the Borrower nor any Subsidiary Guarantor is an EEA Financial Institution.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;5.24.</I>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Plan
Assets; Prohibited Transactions</I>. Neither the Borrower nor any Subsidiary Guarantor is an entity deemed to hold &ldquo;plan assets&rdquo;
(within the meaning of the Plan Asset Regulations), and neither the execution, delivery or performance of the transactions contemplated
under this Agreement, including the making of any Loan hereunder, will give rise to a non-exempt prohibited transaction under Section&nbsp;406
of ERISA or Section&nbsp;4975 of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;VI</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Affirmative
Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">So
long as any Loan or other Obligation hereunder (other than any unasserted indemnification obligation) shall remain unpaid or unsatisfied
the Borrower shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02, and 6.03) cause each Subsidiary
to:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Statements</I>. Deliver to the Administrative Agent, in form and detail satisfactory to the Administrative Agent (and Administrative
Agent will provide to the Lenders):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
soon as available, but in any event within 90 days after the end of each fiscal year of Borrower, a consolidated balance sheet of the
Consolidated Parties 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 Administrative Agent,
which report and opinion shall be prepared in accordance with generally accepted auditing standards and applicable Securities Laws 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;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
soon as available, but in any event within 45 days after the end of each of the first three fiscal quarters of each fiscal year of Borrower,
a consolidated balance sheet of the Consolidated Parties as at the end of such fiscal quarter, and the related consolidated statements
of income or operations and cash flows for such fiscal quarter and for the portion of the Borrower&rsquo;s fiscal year then ended, and
any other information included in Borrower&rsquo;s Form&nbsp;10-Q for such fiscal quarter, setting forth in each case in comparative
form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal
year, all in reasonable detail, such consolidated statements to be certified by the chief executive officer, chief financial officer,
treasurer or controller of the Borrower as fairly presenting, in all material respects, the financial condition, results of operations
and cash flows of the Consolidated Parties in accordance with GAAP, subject only to normal year-end audit adjustments and the absence
of footnotes; <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
soon as available, but in any event within thirty (30) days of the filing thereof, executed copies of all federal income tax returns,
reports and declarations of Borrower and <FONT STYLE="color: red"><STRIKE>FSP Investments LLC,</STRIKE></FONT> FSP Protective TRS Corp.,
and FSP REIT Protective Trust<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>;
and</U></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(d)</U></FONT><U><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;as
soon as available, but in any event within twenty (20) days after the end of each calendar month (commencing with the first calendar
month end to occur after the First Amendment Effective Date), the Monthly Reporting Package certified</FONT></U><U><FONT STYLE="font-size: 10pt; color: #00c000">&nbsp;by
a Responsible Officer</FONT></U><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificates;
Other Information</I>. Deliver to the Administrative Agent, in form and detail reasonably satisfactory to the Administrative Agent (and
Administrative Agent will provide to the Lenders):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;concurrently
with the delivery of the financial statements referred to in Sections 6.01(a)&nbsp;and (b), a Compliance Certificate of a Responsible
Officer substantially in the form of Exhibit&nbsp;E attached hereto, (A)&nbsp;demonstrating compliance, as of the end of each such fiscal
period, with the financial covenants contained in Section&nbsp;7.11, and (B)&nbsp;stating that, to such Responsible Officer&rsquo;s knowledge,
no Default or Event of Default exists, or if any Default or Event of Default does exist, specifying the nature and extent thereof and
what action the Borrower proposes to take with respect thereto and (C)&nbsp;attaching and certifying to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
update to Schedule 5.21, which such update shall, in each case, be deemed to replace, amend and restate such schedule, summarizing total
Unencumbered NOI and occupancy rates as of the last day of the applicable quarter;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;an
update to Schedule 5.13(a), which such update shall, in each case, be deemed to replace, amend and restate such schedule; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
listing of all Projects Under Development.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly
after any request by the Administrative Agent or any Lender, copies of any detailed audit reports, management letters or recommendations
submitted to the board of directors (or the audit committee of the board of directors) of the Borrower by independent accountants in
connection with the accounts or books of the Borrower or any Subsidiary, or any audit of any of them;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Borrower in their capacity as such, and copies of all annual, regular, periodic and special reports and registration
statements which the Borrower 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, and not otherwise required to be delivered to the Administrative Agent pursuant hereto;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly,
and in any event within five (5)&nbsp;Business Days after receipt thereof by Borrower or any Subsidiary thereof, copies of each notice
or other correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any investigation
or possible investigation by such agency regarding financial or other operational results of Borrower or Subsidiary thereof;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly,
such additional information regarding the business, financial or corporate affairs of the Borrower or any Subsidiary, or compliance with
the terms of the Loan Documents, or an update to the list of Sponsored REITS of the Borrower or any Subsidiary thereof, as the Administrative
Agent may from time to time reasonably request; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;promptly
after requested, information and documentation reasonably requested by the Administrative Agent or any Lender for purposes of compliance
with applicable &ldquo;know your customer&rdquo; and antimony laundering rules&nbsp;and regulations, including the USA Patriot Act and
the Beneficial Ownership Regulation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Documents
required to be delivered pursuant to Section&nbsp;6.01(a)&nbsp;or (b), Section&nbsp;6.02 (c)&nbsp;and (d)&nbsp;or Section&nbsp;6.15 (to
the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered,
shall be deemed to have been delivered on the date (i)&nbsp;on which 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 Schedule 10.02; 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 Administrative Agent have
access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); <I>provided</I> that: (i)&nbsp;the
Borrower shall deliver paper copies of such documents to the Administrative Agent or any Lender upon its request to the Borrower to deliver
such paper copies. The Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents
referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request by a Lender
for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Borrower hereby acknowledges that (a)&nbsp;the Administrative Agent, BMO and/or the Joint Lead Arrangers will make available to the Lenders
materials and/or information provided by or on behalf of the Borrower hereunder (collectively, <I>&ldquo;Borrower Materials&rdquo;</I>)
by posting the Borrower Materials on IntraLinks or another similar electronic system (the <I>&ldquo;Platform&rdquo;</I>) and (b)&nbsp;certain
of the Lenders (each, a <I>&ldquo;Public Lender&rdquo;</I>) may have personnel who do not wish to receive material non-public information
(within the meaning of the United States federal securities laws) with respect to the Borrower or its Affiliates, or the respective securities
of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons&rsquo;
securities. The Administrative Agent, BMO, the Joint Lead Arrangers and each Lender agree that all materials and/or information to be
provided by or on behalf of the Borrower shall be deemed to contain material non-public information, unless the Borrower otherwise designates
certain information as not containing any material nonpublic information by clearly and conspicuously marking such information as &ldquo;PUBLIC&rdquo;
on the first page&nbsp;thereof. The Borrower hereby agrees that by marking Borrower Materials &ldquo;PUBLIC,&rdquo; the Borrower shall
be deemed to have authorized the Administrative Agent, BMO, the Joint Lead Arrangers and the Lenders to treat such Borrower Materials
as not containing any material non-public information with respect to the Borrower or its securities for purposes of United States federal
and state securities laws (<I>provided, however,</I> that to the extent such Borrower Materials constitute Information, they shall be
treated as set forth in Section&nbsp;10.07) and all Borrower Materials marked &ldquo;PUBLIC&rdquo; are permitted to be made available
through a portion of the Platform designated &ldquo;Public Side Information.&rdquo; The Administrative Agent and BMO agree 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 Side Information.&rdquo; As of the Closing Date, each applicable Lender represents to the Borrower that it is not a Public
Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notices</I>.
Promptly notify the Administrative Agent:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
the occurrence of any Default known to Borrower;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
any matter that has resulted or would reasonably be expected to result in a Material Adverse Effect;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
the occurrence of an Internal Control Event;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
the occurrence of any ERISA Event;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;of
any material change in accounting policies or financial reporting practices by the Borrower or any Subsidiary; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;with
respect to Sponsored REITs, Borrower shall provide the Administrative Agent with a copy of the applicable confidential offering memorandum
relating thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Each
notice pursuant to this Section&nbsp;6.03 (other than Section&nbsp;6.03(f)) 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. Each notice pursuant to Section&nbsp;6.03(a)&nbsp;shall describe with particularity any and all provisions
of this Agreement and any other Loan Document that have been breached. The Administrative Agent will provide written notices received
from the Borrower pursuant to this Section&nbsp;6.03 to the Lenders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payment
of Taxes</I>. Pay and discharge, or cause to be paid and discharged, as the same shall become due and payable all Tax liabilities imposed
or levied upon it or any of its Subsidiaries or any of its or its Subsidiaries&rsquo; properties or assets, unless (i)&nbsp;the same
are being contested in good faith by appropriate proceedings diligently conducted and adequate reserves in accordance with GAAP are being
maintained by the Borrower or such Subsidiary or (ii)&nbsp;failure to pay or discharge such items would not reasonably be expected to
have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preservation
of Existence, Etc</I>. (a)&nbsp;Preserve, renew and maintain or cause to be preserved, renewed and maintained and in full force and effect
its and its Subsidiaries&rsquo; legal existence and good standing under the Laws of the jurisdiction of each of their respective organization
except in a transaction permitted by Section&nbsp;7.04 or 7.05; (b)&nbsp;take all reasonable action to maintain or cause to be maintained
all rights, privileges, permits, licenses and franchises necessary or desirable in the normal conduct of its business and the business
of its Subsidiaries, 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 or cause to be preserved and renewed all of its and it Subsidiaries&rsquo; registered patents, trademarks,
trade names and service marks, the non-preservation of which would reasonably be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintenance
of Properties</I>. (a)&nbsp;Maintain, preserve and protect, or cause to be maintained, preserved and protected, all of its and its Subsidiaries&rsquo;
material properties and equipment necessary in the operation of its and its Subsidiaries&rsquo; business in good working order and condition,
ordinary wear and tear and insured fire or other casualty excepted; (b)&nbsp;make or cause to be made all necessary repairs thereto and
renewals and replacements thereof; and (c)&nbsp;use the standard of care typical in the industry in the operation and maintenance of
its facilities and those of its Subsidiaries, in each case, except where the failure to do so would not reasonably be expected to have
a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maintenance
of Insurance</I>. Maintain or cause to be maintained with financially sound and reputable insurance companies not Affiliates of Borrower
or any Subsidiary of Borrower, insurance with respect to its properties and business and those of its Subsidiaries against loss or damage
of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are
customarily carried under similar circumstances by such other Persons.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compliance
with Laws</I>. Comply or cause compliance in all material respects with the requirements of all Laws and all orders, writs, injunctions
and decrees applicable to it or its Subsidiaries or to its business or property or the business or properties of the Subsidiaries (including
without limitation all Anti-Corruption Laws and Sanctions), 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; or (b)&nbsp;the failure
to comply therewith would not reasonably be expected to have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Books
and Records</I>. Maintain or cause to be maintained proper books of record and account, in which full, true and correct entries, in material
conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of
the Borrower or any Subsidiary, as the case may be.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.10.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inspection
Rights</I>. Permit representatives appointed by the Administrative Agent and each Lender, including, without limitation, independent
accountants, agents, attorneys, and appraisers to visit and inspect any of its or its Subsidiaries&rsquo; Properties and permit representatives
appointed by Administrative Agent to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom,
and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at such reasonable
times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower <I>provided,
however, </I>that when an Event of Default exists the Administrative Agent or any Lender (or any of their respective or independent contractors)
may do any of the foregoing at the expense of the Borrower at any time during normal business hours and without advance notice; and <I>provided
further</I> that it shall not be a breach of this Section&nbsp;6.10 if, (a)&nbsp;despite Borrowers&rsquo; diligent conduct, the Borrower&rsquo;s
independent public accountants decline to meet or discuss with the Administrative Agent, or (b)&nbsp;despite Borrowers&rsquo; diligent
conduct a tenant at a Property does not permit the Administrative Agent to inspect such Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.11.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Use
of Proceeds</I>. Use the proceeds of the Credit Extensions solely for the following purposes: (a)&nbsp;to finance the acquisition of
real properties and for other investments permitted under Section&nbsp;7.02<FONT STYLE="color: red"><STRIKE>; </STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
Section&nbsp;7.18,</U></FONT></FONT> <FONT STYLE="font-size: 10pt">(b)&nbsp;to finance investments <FONT STYLE="color: red"><STRIKE>associated
with</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>in
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs</U></FONT></FONT><FONT STYLE="font-size: 10pt">,
including without limitation<FONT STYLE="color: red"><STRIKE>,</STRIKE></FONT> loans to Sponsored <FONT STYLE="color: red"><STRIKE>REITS</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs
</U></FONT></FONT><FONT STYLE="font-size: 10pt">and the purchase of preferred stock in Sponsored <FONT STYLE="color: red"><STRIKE>REITS;</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>REITs,
</U></FONT></FONT><FONT STYLE="font-size: 10pt">(c)&nbsp;to refinance <FONT STYLE="color: red"><STRIKE>and/</STRIKE></FONT>or retire
<FONT STYLE="color: red"><STRIKE>Indebtedness</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>indebtedness;
</U></FONT></FONT><FONT STYLE="font-size: 10pt">and (<FONT STYLE="color: red"><STRIKE>d</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>c</U></FONT></FONT><FONT STYLE="font-size: 10pt">)
for working capital and other general business purposes, <I>provided, however</I> that no Credit Extensions shall be used to make Restricted
Payments <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(except
Restricted Payments that are permitted under Section&nbsp;7.11(g))</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.12.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subsidiary
Guarantors</I>. (a)&nbsp;If any Subsidiary incurs any Recourse Indebtedness (including, for the avoidance of doubt, any Guarantee in
respect of any indenture providing for Recourse Indebtedness), (i)&nbsp;said Subsidiary shall be required, as described in Section&nbsp;6.12(b)&nbsp;below,
to become a Subsidiary Guarantor and (ii)&nbsp;any Property owned by such Subsidiary shall cease to be included in the Eligible Unencumbered
Property Pool while such Recourse Indebtedness is in effect. In no event shall a Sponsored REIT or <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(except
as described in the preceding sentence)</U></FONT></FONT> <FONT STYLE="font-size: 10pt">an Excluded Subsidiary be required to become a
Subsidiary Guarantor. No Person that is not a &ldquo;United States Person&rdquo; within the meaning of Section&nbsp;7701(a)(30) of the
Code shall become a Subsidiary Guarantor pursuant to this Section&nbsp;6.12(a)&nbsp;unless all Lenders consent thereto in writing. Any
Recourse Indebtedness incurred by a Subsidiary shall be subject to compliance with the Financial Covenants set forth in Section&nbsp;7.11.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
any Subsidiary shall be required to become a Subsidiary Guarantor pursuant to Section&nbsp;6.12(a), Borrower shall, within fifteen (15)
Business Days of such Subsidiary incurring Recourse Indebtedness, (x)&nbsp;cause said Subsidiary to become a Subsidiary Guarantor by
executing and delivering to the Administrative Agent a Subsidiary Guaranty in the form of Exhibit&nbsp;G attached hereto and (y)&nbsp;deliver
to the Administrative Agent documents with respect to such Subsidiary Guarantor of the types referred to in clauses (iii), (iv), (v)&nbsp;and
(vii)&nbsp;of Section&nbsp;4.01(a)&nbsp;(unless waived by Administrative Agent), all in form, content and scope similar to those provided
with respect to the Borrower as of the Closing Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
(I)&nbsp;the equity interests in a Subsidiary Guarantor are disposed of in a transaction permitted under this Agreement, (II)&nbsp;a
Subsidiary Guarantor disposes of substantially all of its assets such that such Subsidiary qualifies as an Immaterial Subsidiary, or
(III)&nbsp;the Recourse Indebtedness causing a Subsidiary to become a Subsidiary Guarantor is satisfied in full or such Subsidiary is
discharged from or is no longer liable for its obligations with respect to such Recourse Indebtedness without having defaulted thereunder,
then such Subsidiary shall be released as a Subsidiary Guarantor hereunder in accordance with the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Borrower shall deliver to the Administrative Agent, not less than ten (10)&nbsp;days prior to the requested release of such Subsidiary
Guarantor hereunder, (A)&nbsp;evidence, reasonably satisfactory to Administrative Agent that (I)&nbsp;the equity interests in such Subsidiary
Guarantor are disposed of in a transaction permitted under this Agreement, (II)&nbsp;such Subsidiary has disposed of (or will substantially
contemporaneously with delivery of such evidence dispose of) substantially all of its assets and qualifies as an Immaterial Subsidiary
or (III)&nbsp;the Recourse Indebtedness causing a Subsidiary to become a Subsidiary Guarantor is satisfied in full, or such Subsidiary
Guarantor is discharged from or is no longer liable for its obligations with respect to such Recourse Indebtedness without having defaulted
thereunder, and (B)&nbsp;a certificate of a Responsible Officer of the Borrower certifying that, to such Responsible Officer&rsquo;s
knowledge, immediately prior to such release and immediately following such release, no Default or Event of Default exists or will exist
under the Agreement or any of the other Loan Documents; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Administrative Agent shall, upon written request therefor given by Borrower provide a written confirmation of the release of the applicable
Person as a Subsidiary Guarantor, <I>provided</I> that Borrower has complied with Section&nbsp;6.12(c)(i)&nbsp;above.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>)</U></FONT></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower shall at all times secure, and shall cause its Subsidiaries to secure, the Obligations equally and ratably with any Liens (other
than Liens described in clause (vi)&nbsp;of the definition of Permitted Liens) securing the Indebtedness of such Person outstanding under
or pursuant to any Material Credit Facility (and any Guarantee delivered in connection therewith) pursuant to documentation reasonably
acceptable to the Required Lenders in substance and in form, including an intercreditor agreement, collateral agent agreement (or analogous
provisions incorporated into this Agreement by amendment) and opinions of counsel to the Borrower and/or any such Subsidiary, as the
case may be, from counsel that is reasonably acceptable to the Required Lenders.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(e</U></FONT><FONT STYLE="font-size: 10pt">)&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Administrative Agent will provide notice to the Lenders of the addition or release of any Subsidiary Guarantor <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>or
any security provided by Borrower</U></FONT></FONT> <FONT STYLE="font-size: 10pt">pursuant to this Section&nbsp;6.12.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.13.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REIT
Status</I>. At all times comply with all applicable provisions of the Code necessary to allow Borrower to qualify for status as a real
estate investment trust.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.14.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.15.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Material
Contracts</I>. Comply in all material respects with the terms and conditions of all Contractual Obligations including without limitation
the provisions of any ground lease to which Borrower or any Subsidiary is subject except in such instance where the failure to comply
therewith would not reasonably be expected to have a Material Adverse Effect and, with respect to any Indebtedness of any Consolidated
Party having a principal amount (including undrawn committed or available amounts ) of at least $20,000,000, within thirty (30) days
after closing on (or if later, otherwise becoming liable or with respect to) such Indebtedness, disclose in writing to Administrative
Agent the financial covenant requirements applicable thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.16.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Further
Assurances</I>. At the cost and expense of Borrower and upon request of the Administrative Agent, duly execute and deliver or cause to
be duly executed and delivered, to the Administrative Agent such further instruments, documents and certificates, and do and cause to
be done such further acts that may be reasonably necessary or advisable in the reasonable opinion of the Administrative Agent to carry
out more effectively the provisions and purposes of this Agreement and the other Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;6.17.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anti-Corruption
Laws</I>. Conduct its businesses in compliance with the United States Foreign Corrupt Practices Act of 1977, the UK Bribery Act 2010,
and other similar anti-corruption legislation in other applicable jurisdictions and maintain policies and procedures designed to promote
and achieve compliance with such laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;VII</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Negative
Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">So
long as any Loan or other Obligation hereunder (other than unasserted indemnification obligations) shall remain unpaid or unsatisfied,
the Borrower shall not, directly or indirectly (or permit any Subsidiary to):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liens</I>.
Create, incur, assume or permit to exist any Lien with respect to any of its property, assets or revenues, whether now owned or hereafter
acquired, other than Permitted Liens.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investments</I>.
Make any Investments, except<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&nbsp;(subject
to the additional limitations set forth in Section&nbsp;7.18)</U></FONT></FONT><FONT STYLE="font-size: 10pt">:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
in Projects Under Development, undeveloped land holdings, Joint Venture Projects and Joint Ventures, Securities Holdings and Mortgages
<FONT STYLE="color: red"><STRIKE>to the extent such Investments are not prohibited under Sections 7.11(h)</STRIKE></FONT>;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
held by the Borrower or any Subsidiary in the form of Cash Equivalents;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
by and among the Borrower and its Subsidiaries (including without limitation, any Excluded Subsidiary);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(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<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
and investments received in connection with a disposition, to the extent allowed under the last sentence of Section&nbsp;7.18(b)</U></FONT></FONT><FONT STYLE="font-size: 10pt">;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
held by the Borrower or any Subsidiary in the form of acquiring, developing, maintaining and operating income producing Properties (including
the creation or acquisition of Subsidiaries in connection therewith);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
held by the Borrower or any Subsidiary in Sponsored REITs, including loans and mortgages to and purchases of preferred Equity Interests
in Sponsored REITs; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Investments
listed on Schedule 7.02(g).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indebtedness</I>.
Create, incur, assume or suffer to exist any Indebtedness, except <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(subject
to the additional limitations set forth in Section&nbsp;7.18)</U></FONT></FONT><FONT STYLE="font-size: 10pt">:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
under the Loan Documents;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
under the Bank of America Loan Documents <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and
any extension, renewal or refinancing thereof</U></FONT></FONT><FONT STYLE="font-size: 10pt">;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="color: red"><STRIKE>Indebtedness
under the JPM Loan Documents</STRIKE></FONT><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>[Reserved]</U></FONT></FONT><FONT STYLE="font-size: 10pt">;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
under the Unsecured Notes Documents as of the Closing Date, and any extension, renewal or refinancing thereof <FONT STYLE="color: red"><STRIKE>so
long as the principal amount thereof is not increased</STRIKE></FONT>; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
other Indebtedness (including, without limitation, Guarantees in respect of Indebtedness otherwise permitted hereunder) to the extent
such Indebtedness would not result in a breach of any of the financial covenants set forth in Section&nbsp;7.11 and, if applicable, Borrower
complies with or causes compliance with Section&nbsp;6.12 hereof; <I>provided,</I> that to the extent such Indebtedness is in the form
of obligations under any Swap Contract (i)&nbsp;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 liabilities, commitments, investments, assets, or property held
or reasonably anticipated by such Person, or changes in the value of securities issued by such Person, and not for purposes of speculation
or taking a &ldquo;market view;&rdquo; and (ii)&nbsp;such Swap Contract contains provisions suspending the non-defaulting party&rsquo;s
obligation to make payments on outstanding transactions to the defaulting party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fundamental
Changes</I>. Except as otherwise permitted under this Agreement, merge, dissolve, liquidate, consolidate with or into another Person,
or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or
hereafter acquired) to or in favor of any Person, except that, so long as no Default exists or would result therefrom:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
Subsidiary may merge or consolidate with (i)&nbsp;the Borrower, or (ii)&nbsp;any one or more other Subsidiaries, <I>provided</I> that
when Borrower is merging or consolidating with a Subsidiary, Borrower shall be the continuing or surviving Person and the Borrower shall
continue to remain in compliance with Section&nbsp;7.11;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
Subsidiary may Dispose of all or substantially all of its assets (upon voluntary liquidation or otherwise) to the Borrower or to another
Subsidiary, and any Subsidiary may liquidate or dissolve so long as the Borrower shall continue to remain in compliance with Section&nbsp;7.11;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;all
or substantially all of the assets or all of the Equity Interests of a Subsidiary may be Disposed of to the extent such Disposition is
permitted pursuant to Section&nbsp;7.05; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
or a Subsidiary may acquire a Sponsored REIT by merger or consolidation provided that Borrower is the surviving Person or a Person wholly-owned
by Borrower is the surviving Person and Borrower shall continue to remain in compliance with Section&nbsp;7.11.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dispositions</I>.
Make any Disposition or enter into any agreement to make any Disposition, except:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of obsolete or worn out property, whether now owned or hereafter acquired, in the ordinary course of business;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of equipment or real property to the extent that (i)&nbsp;such property is exchanged for credit against the purchase price of similar
replacement property or (ii)&nbsp;the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement
property;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
of property by any Subsidiary to Borrower (provided after such Disposition, Borrower remains in compliance with Section&nbsp;7.11<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>)
</U></FONT></FONT><FONT STYLE="font-size: 10pt">or to any Subsidiary thereof;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
permitted by Section&nbsp;7.04(a)&nbsp;&ndash; (b); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dispositions
(including without limitation dispositions of Property and equity interests in Subsidiaries<FONT STYLE="color: red"><STRIKE>, <I>provided</I></STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>)
to the extent</U></FONT></FONT> <FONT STYLE="font-size: 10pt">that <FONT STYLE="color: red"><STRIKE>after</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>at
the time of</U></FONT></FONT> <FONT STYLE="font-size: 10pt">such Disposition Borrower <FONT STYLE="color: red"><STRIKE>remains in compliance</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>has
complied </U></FONT></FONT><FONT STYLE="font-size: 10pt">with <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
applicable provisions of </U></FONT></FONT><FONT STYLE="font-size: 10pt">Section&nbsp;7.11 <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>hereof</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reserved</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change
in Nature of Business</I>. Engage in (or permit any other Subsidiary to engage in) any material line of business substantially different
from those lines of business conducted by the Borrower and its Subsidiaries on the date hereof or any business substantially related
or incidental thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Transactions
with Affiliates</I>. Permit to exist or enter into, any transaction (including the purchase, sale, lease or exchange of any property
or the rendering of any service) with any Affiliate (or permit any Subsidiary to do so), except (a)&nbsp;as set forth on Schedule 7.08
or (b)&nbsp;transactions not otherwise prohibited hereunder and consistent with past practices, upon fair and reasonable terms which
are no less favorable to the Borrower or a Subsidiary, than would be obtained in a comparable arm&rsquo;s length transaction with a Person
that is not an Affiliate or (c)&nbsp;transactions not otherwise prohibited hereunder among the Borrower, its Subsidiaries and Sponsored
REITS.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Burdensome
Agreements</I>. Except in connection with any transaction not prohibited hereunder, enter into or permit any Subsidiary to enter into
any Contractual Obligation (other than this Agreement or any other Loan Document) that (a)&nbsp;limits the ability (i)&nbsp;of any Subsidiary
to make Restricted Payments to the Borrower or to otherwise transfer property to the Borrower, (ii)&nbsp;of any Subsidiary to become
a Subsidiary Guarantor hereunder or (iii)&nbsp;of the Borrower or any Subsidiary to create, incur, assume or suffer to exist Liens on
property of such Person; or (b)&nbsp;requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure
another obligation of such Person; <I>provided</I>, that this Section&nbsp;7.09 shall not apply to and shall not be deemed to restrict
the ability of Borrower or any Subsidiary from entering into Contractual Obligations of any type related to Indebtedness <I>provided
</I>that such Indebtedness would not result in a breach of any of the financial covenants set forth in Section&nbsp;7.11 of this Agreement
and <I>provided further </I>that Borrower complies or causes compliance with the provisions of Section&nbsp;6.12 hereof, if applicable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.10.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Use
of Proceeds</I>. Use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately,
(i)&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<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
</U></FONT></FONT><FONT STYLE="font-size: 10pt">or (ii)&nbsp;other than for the express purposes permitted by Section&nbsp;6.11 of this
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.11.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial
Covenants.</I> Fail, at any time, to comply with any of the following financial covenants on a consolidated basis <FONT STYLE="color: #191919">provided
that such covenants shall be calculated as of the last day of a calendar quarter</FONT><B>:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Minimum
Tangible Net Worth.</I> Borrower shall maintain a Tangible Net Worth equal to or in excess of $<FONT STYLE="color: red"><STRIKE>661,752,000</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>571,992,000,
</U></FONT></FONT><FONT STYLE="font-size: 10pt"><I>plus</I> seventy-five percent (75%) of the aggregate net proceeds received by Borrower
in connection with any offering of stock or other equity in the Borrower after <FONT STYLE="color: red"><STRIKE>October</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>September</U></FONT></FONT><FONT STYLE="font-size: 10pt; color: red"><STRIKE>&nbsp;18</STRIKE></FONT><FONT STYLE="font-size: 10pt; text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>30</U></FONT><FONT STYLE="font-size: 10pt">,
<FONT STYLE="color: red"><STRIKE>2017</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>2021</U></FONT></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Maximum
Leverage Ratio.</I> Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to exceed 0.60:1.0, to be increased
at the election of the Borrower a maximum of two times during the term of the Loans, provided that no Leverage Increase Period (hereinafter
defined) shall be consecutive, to 0.65 to 1.0 commencing on the date on which a Significant Acquisition occurs and continuing for the
succeeding three full fiscal quarters thereafter (each a <I>&ldquo;Leverage Increase Period&rdquo;</I>).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Maximum
Secured Leverage Ratio</I>. Borrower shall not permit the ratio of Total Secured Indebtedness (excluding the Credit Extensions) to Total
Asset Value to exceed 0.30:1.0.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Minimum
Fixed Charge Coverage Ratio</I>. Borrower shall not permit the ratio of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.0.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Maximum
Unencumbered Leverage Ratio</I>. Borrower shall not permit the ratio of Unsecured Indebtedness to Unencumbered Asset Value to exceed
0.60:1.0, to be increased at the election of the Borrower a maximum of two times during the term of the Loans, provided that no Leverage
Increase Period shall be consecutive, to 0.65 to 1.0 commencing on the date on which a Significant Acquisition occurs and continuing
for the succeeding three full fiscal quarters thereafter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Minimum
Unsecured Interest Coverage</I>. Borrower shall not permit the ratio of Unencumbered NOI to the Interest Expense from the Eligible Unencumbered
Property Pool to be less than 1.75:1.0. For the purpose of calculating NOI for this covenant 7.11(f), items (a)-(d)&nbsp;of the definition
of Net Operating Income shall be adjusted to (i)&nbsp;exclude the amount attributable to the Properties disposed of during such fiscal
quarter and (ii)&nbsp;adjust the amount attributable to Properties owned less than a full fiscal quarter so that such amount is grossed
up as if the Property had been owned for the entire fiscal quarter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Dividends
and Distributions</I>. <FONT STYLE="color: red"><STRIKE>To</STRIKE></FONT><STRIKE> <FONT STYLE="color: #00C000">the extent an Event
of Default </FONT></STRIKE><FONT STYLE="color: red"><STRIKE>exists or would result therefrom, </STRIKE></font>Borrower shall not
make Restricted Payments and no Subsidiary shall make any Restricted Payments to any Person other than Borrower or a Subsidiary of
Borrower<FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
except: </U></FONT>&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(i)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
Subsidiary may make Restricted Payments to Borrower and any other Person that owns an Equity Interest in such Subsidiary, ratably according
to their respective holdings of the type of Equity Interest in respect of which such Restricted Payment is being made;</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(ii)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;each
Consolidated Party may declare and make dividend payments or other distributions, and may make other Restricted Payments, in each case
payable solely in the common stock or other common Equity Interests of such Person or of Borrower;</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(iii)</U></FONT><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
may make Restricted Payments to the holders of its common Equity Interests in an amount not to exceed the greater of (A)&nbsp;$0.01 per
common share per fiscal quarter and (B)&nbsp;REIT Qualifying Distributions; provided, however, (x)&nbsp;to</U></FONT><FONT STYLE="font-size: 10pt; color: #00c000; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&nbsp;the
extent an Event of Default </u></FONT><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>has occurred and is continuing, such Restricted Payments
shall be limited to the amounts described in clause (B)&nbsp;above and (y)&nbsp;to the extent an Event of Default specified in Section&nbsp;8.01(f)&nbsp;or
8.01(g)&nbsp;has occurred and is continuing or an Event of Default has occurred and continuing that has resulted in Administrative Agent
exercising its remedies under Section&nbsp;8.02(b), no such Restricted Payments shall be permitted without the consent of the Required
Lenders; and</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(iv)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
may issue rights under any shareholder rights plan that the board of directors of Borrower may adopt and may redeem such rights so long
as the amount paid by Borrower for all such redemptions does not exceed $100,000 in the aggregate.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>(h)</U></FONT><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Maximum
Secured Recourse Leverage Ratio</I>. Borrower shall not permit the ratio of Total Secured Indebtedness that is Recourse Indebtedness
to Total Asset Value to exceed 0.01:1.0</U></FONT><FONT STYLE="font-size: 10pt">.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In calculating
the financial covenants pursuant to this Section&nbsp;7.11, any obligations that are secured by Cash Collateral by Borrower shall not
be deemed to be secured by a mortgage, deed of trust, lien, pledge, encumbrance or other security agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.12.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Organizational
Documents</I>. Amend, modify, waive or change its Organization Documents in a manner materially adverse to the interests of the Lenders
in any material respect, or in a manner that would reasonably be expected to have a Material Adverse Effect on the Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.13.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sanctions.
</I>Knowingly directly or indirectly use the proceeds of any Credit Extension, or lend, contribute or otherwise make available such proceeds
to any Subsidiary, joint venture partner or other individual or entity, to fund any activities of or business with any Designated Person,
or in any Designated Jurisdiction, that, at the time of such funding, is the subject of Sanctions (and is not covered by an exception
to such Sanctions), or in any other manner that will result in a violation by any individual or entity party to this Agreement of Sanctions
or Anti-Corruption Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.14.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sale
Leasebacks</I>. Except as would not reasonably be expected to have a Material Adverse Effect, directly or indirectly, become or remain
liable as lessee or as guarantor or other surety with respect to any lease, whether an operating lease or a capital lease, of any property
(whether real or personal or mixed), whether now owned or hereafter acquired, (a)&nbsp;which such Person has sold or transferred or is
to sell or transfer to a Person which is not a Consolidated Party or (b)&nbsp;which such Person intends to use for substantially the
same purpose as any other property which has been sold or is to be sold or transferred by such Person to another Person which is not
a Consolidated Party in connection with such lease.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.15.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepayments
of Indebtedness</I>. If any Event of Default has occurred and is continuing or would be directly or indirectly caused as a result thereof,
with respect to Borrower and any Subsidiary thereof (i)&nbsp; amend or modify (or permit the amendment or modification of) any of the
terms of any Indebtedness of such Person if such amendment or modification would accelerate the maturity date of such Indebtedness or
would require an unscheduled payment of such Indebtedness or would effect any type of transfer of property or assets in payment of Indebtedness
or would otherwise have the effect of prepaying such Indebtedness or (ii)&nbsp;prepay, any Indebtedness of such Person, <I>provided,
however</I>, the Borrower may make such mandatory prepayments or redemptions expressly required by any unsecured bond or senior note
indenture to which Borrower is a party (so long as such mandatory prepayments or redemptions are not triggered by events of default under
such bond or senior note Indebtedness) provided that prepayment or redemption of such bond or senior note Indebtedness would not result
in a breach of any of the financial covenants set forth in Section&nbsp;7.11 of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.16.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes
in Accounting</I>. Except as required by Laws or GAAP, make any changes in accounting policies or reporting practices.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;7.17.</I>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Anti-Corruption
Laws</I>. Directly or indirectly use the proceeds of any Credit Extension for any purpose which would breach the United States Foreign
Corrupt Practices Act of 1977, the UK Bribery Act 2010, and other similar anti-corruption legislation in other applicable jurisdictions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: blue"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">Section&nbsp;7.18.</U></I><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Enhanced
Negative Covenants</I>. On and after the First Amendment Effective Date:</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">(a)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Indebtedness</I>.
Notwithstanding anything to the contrary in Section&nbsp;7.03, Borrower shall not, and shall not permit any Subsidiary to, create, incur,
Guarantee, assume or suffer to exist any Indebtedness, except:</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">(i)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
under the Loan Documents, the Bank of America Loan Documents and the Unsecured Notes Documents;</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">(ii)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
renewals, extensions, refinancings or replacements of the Indebtedness described in Clause (i)&nbsp;preceding so long as (A)&nbsp;such
renewal, extension, refinancing or replacement would not result in a breach of any of the financial covenants set forth herein and (B)&nbsp;the
final stated maturity date of any refinancing or replacement Indebtedness shall not be earlier than the existing maturity date of the
Indebtedness being refinanced or replaced; and</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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="font-size: 10pt; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">(iii)</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Indebtedness
of the types described in clauses (c), (d)&nbsp;and (e)&nbsp;of the definition of &ldquo;Indebtedness,&rdquo; in each case incurred in
the ordinary course of business consistent with past practices.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: blue"><FONT STYLE="font-size: 10pt; text-underline-style: double"><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</U></FONT><U STYLE="border-bottom:.5pt double; padding-bottom:.5pt"><FONT STYLE="font-size: 10pt"><I>Investments.
</I>Notwithstanding anything to the contrary in Section&nbsp;7.02, Borrower shall not, and shall not permit any Subsidiary to, make (i)&nbsp;any
additional Investment of the types otherwise permitted under Section&nbsp;7.02(a)&nbsp;other than normal recurring maintenance capital
expenditures without the consent of each Lender, (ii)&nbsp;any Investment to acquire new Properties not owned by a Consolidated Party
as of the First Amendment Effective Date that would otherwise be permitted under Section&nbsp;7.02(e)&nbsp;without the consent of each
Lender or (iii)&nbsp;any additional Investment of the types otherwise permitted under Section&nbsp;7.02(f)&nbsp;without the consent of
each Lender (except with respect to Borrower&rsquo;s only Sponsored REIT, FSP Monument Circle Corp. and its subsidiary FSP Monument Circle
LLC, Borrower may extend the maturity of any existing Mortgage loan, but not increase the existing Mortgage loan or make a new Mortgage
loan to such Sponsored REIT without the prior written consent of the Required Lenders). Notwithstanding the foregoing and anything to
the contrary in Section&nbsp;7.02, in connection with a Disposition of a Property otherwise permitted hereunder, Borrower may retain
an interest in such Property in the form of ownership of the Equity Interests in the owner of such Property or receive a note following
the consummation of such Disposition so long as (A)&nbsp;at least ninety-five percent (95%) of the consideration for the purchase of
such Property is paid in cash, and (B)&nbsp;such Disposition is to a third party that is not an Affiliate of Borrower and is pursuant
to an arms-length transaction.</FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;VIII</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Events
of Default and Remedies</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;8.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Events
of Default</I>. Any of the following shall constitute an Event of Default:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Non-Payment</I>.
The Borrower fails to pay (i)&nbsp;within five (5)&nbsp;days after the same is required to be paid herein (other than at the <FONT STYLE="color: red"><STRIKE>Term
A Loan Maturity Date or</STRIKE></FONT> Term B Loan Maturity Date, whether at stated maturity, by acceleration or otherwise, as to which
such five (5)&nbsp;day period shall not apply), any amount of principal of any Loan, or (ii)&nbsp;within five (5)&nbsp;days after the
same becomes due (other than at the <FONT STYLE="color: red"><STRIKE>Term A Loan Maturity Date or</STRIKE></FONT> Term B Loan Maturity
Date, whether at stated maturity, by acceleration or otherwise, as to which such five (5)&nbsp;day period shall not apply), any interest
on any Loan, or any fee due hereunder, or (iii)&nbsp;within five (5)&nbsp;days after written notice from Administrative Agent that the
same has become due and payable, any other amount payable hereunder or under any other Loan Document; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Specific
Covenants</I>. The Borrower fails to perform or observe any term, covenant or agreement contained in any of Section&nbsp;6.01, 6.02,
6.03, 6.05, 6.07, 6.11, or 6.12 or Article&nbsp;VII; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Other
Defaults</I>. Borrower fails to perform or observe any other covenant or agreement (not specified in subsection (a)&nbsp;or (b)&nbsp;above)
contained herein or in any other Loan Document on its part to be performed or observed and such failure continues for thirty (30) days
after delivery of written notice thereof from Administrative Agent, <I>provided</I> that in the case of any such default which is susceptible
to cure but cannot be cured within thirty (30) days through the exercise of reasonable diligence, if Borrower commences such cure within
the initial thirty (30) days period and thereafter diligently prosecutes same to completion, such period of thirty (30) days shall be
extended for such additional period of time as may be reasonably necessary to cure same, but in no event shall such extended period exceed
sixty (60) additional days; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Representations
and Warranties</I>. Any representation or warranty made or deemed made by or on behalf of Borrower in or in connection with this Agreement
or any other Loan Document or any amendment or modification hereof or thereof, or in any report, certificate, financial statement or
other document furnished by Borrower pursuant to or in connection with this Agreement or any other Loan Document or any amendment or
modification hereof or thereof, shall be incorrect or misleading in any material respect when made or deemed made; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Cross-Default</I>.
(i)&nbsp;The Borrower or any Subsidiary (A)&nbsp;fails to make any payment prior to the delinquency thereof (whether as a result of scheduled
maturity, required prepayment, acceleration, demand, or otherwise) (and all required notices have been given and grace periods have elapsed)
in respect of any Indebtedness or Guarantee (other than Indebtedness hereunder and Indebtedness under Swap Contracts)<FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>,
or</U></FONT></FONT> <FONT STYLE="font-size: 10pt">having an aggregate outstanding principal amount of more than the Threshold Amount,
or (B)&nbsp;fails to observe or perform, beyond any applicable notice and cure periods, any other material agreement or condition relating
to any such Indebtedness or Guarantee 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 Indebtedness or the
beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries)
to cause such Indebtedness to be demanded or to become due prior to its stated maturity or such Indebtedness to be repurchased, prepaid,
defeased or redeemed prior to its stated maturity, or such Guarantee to become payable or cash collateral in respect thereof to be demanded,
in each case after all notice and cure periods have lapsed, other than due to the voluntary act of Borrower or any Subsidiary not constituting
a default under such Indebtedness (except for any default or other event which arises in connection with the disposition of assets, or
a change of control of or the sale of any equity interest in any Subsidiary, so long as such Indebtedness or Guarantee is repaid in full
substantially simultaneously with such disposition or change of control); and/or (ii)&nbsp;there occurs under any Swap Contract an Early
Termination Date (as defined in such Swap Contract) resulting from (A)&nbsp;any event of default under such Swap Contract as to which
the Borrower or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or (B)&nbsp;any Termination Event (as so defined)
under such Swap Contract as to which the Borrower or any Subsidiary is the sole Affected Party (as so defined) and all transactions covered
by such Swap Contract are Affected Transactions (as so defined) and, in either event, the Swap Termination Value owed by the Borrower
or such Subsidiary as a result thereof is greater than the Threshold Amount; provided that to the extent such Swap Contract is governed
by a master agreement, an Early Termination Date (as so defined) has been designated in respect of all transactions under such master
agreement <FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>and/or
(iii)&nbsp;an <I>&ldquo;Event of Default&rdquo;</I> as defined in the Bank of America Loan Documents or the Unsecured Notes Documents
shall occur and be continuing</U></FONT></FONT><FONT STYLE="font-size: 10pt">; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Insolvency
Proceedings, Etc.</I> Borrower or any Subsidiary Guarantor 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 any receiver,
trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of Borrower
or such Subsidiary Guarantor and the appointment continues undischarged or unstayed for 60 calendar days; or any proceeding under any
Debtor Relief Law relating to Borrower or any such Subsidiary Guarantor or to all or any material part of its property is instituted
without the consent of Borrower or such Subsidiary Guarantor and continues undismissed or unstayed for 60 calendar days, or an order
for relief is entered in any such proceeding; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(g)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Inability
to Pay Debts; Attachment</I>. (i)&nbsp;Borrower or any Subsidiary Guarantor becomes unable or admits in writing its inability or fails
generally to pay its debts as they become due, or (ii)&nbsp;any writ or warrant of attachment or execution or similar process is issued
or levied against all or any material part of the property of Borrower or any Subsidiary Guarantor and is not released, vacated or fully
bonded within 60 days after its issue or levy; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Judgments</I>.
There is entered against Borrower or any Subsidiary Guarantor (i)&nbsp;a final judgment or order for the payment of money in an aggregate
amount exceeding $25,000,000 (to the extent not covered by independent third-party insurance as to which the insurer does not dispute
coverage), or (ii)&nbsp;any one or more non-monetary final judgments that have, or would reasonably be expected to have, individually
or in the aggregate, a Material Adverse Effect and, in either case, (A)&nbsp;enforcement proceedings are commenced by any creditor upon
such judgment or order, or (B)&nbsp;there is a period of thirty (30) consecutive days during which a stay of enforcement of such judgment,
by reason of a pending appeal or otherwise, is not in effect or during which such judgment is not discharged or vacated; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>ERISA</I>.
(i)&nbsp;An ERISA Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or would reasonably be expected
to result in liability of the Borrower or any Subsidiary Guarantor under Title IV of ERISA to the Pension Plan, Multiemployer Plan or
the PBGC in an aggregate amount in excess of $25,000,000, or (ii)&nbsp;the Borrower 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 in an aggregate amount in excess of $25,000,000; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Invalidity
of Loan Documents</I>. Any Loan Document, at any time after its execution and delivery and for any reason other than in accordance with
the terms hereof or thereof, or satisfaction in full of all the Obligations, is revoked, terminated, canceled or rescinded, without the
prior written approval of Administrative Agent; or Borrower or any Subsidiary Guarantor commences any legal proceeding at law or in equity
to contest, or make unenforceable, cancel, revoke or rescind any of the Loan Documents; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Change
of Control</I>. There occurs any Change of Control.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;8.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Remedies
Upon Event of Default</I>. If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may,
with the consent of, the Required Lenders, take any or all of the following actions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;declare
the commitment, if any, of each Lender to make Loans to be terminated, whereupon such commitments, if any, and obligation shall be terminated;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;declare
the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable
hereunder or under any other Loan Document 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 Borrower; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;exercise
on behalf of itself and the Lenders all rights and remedies available to it and the Lenders under the Loan Documents or under applicable
Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>provided, however,
</I>that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower or any Subsidiary Guarantor
under the Bankruptcy Code of the United States, the obligation, if any, of each Lender to make Loans shall automatically terminate, the
unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable
without further act of the Administrative Agent or any Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;8.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Application
of Funds</I>. After the exercise of remedies provided for in Section&nbsp;8.02 (or after the Loans have automatically become immediately
due and payable as set forth in the proviso to Section&nbsp;8.02), any amounts received on account of the Obligations shall, subject
to the provisions of Section&nbsp;2.18, be applied by the Administrative Agent in the following order:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>First</I>,
to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees, charges and
disbursements of counsel to the Administrative Agent and amounts payable under Article&nbsp;III) payable to the Administrative Agent
in its capacity as such;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>Second</I>,
to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal and interest) payable
to the Lenders (including fees, charges and disbursements of counsel to the respective Lenders (including fees and time charges for attorneys
who may be employees of any Lender) and amounts payable under Article&nbsp;III), ratably among them in proportion to the respective amounts
described in this clause <I>Second</I> payable to them;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>Third</I>,
to payment of that portion of the Obligations constituting accrued and unpaid interest on the Loans and other Obligations, ratably among
the Lenders in proportion to the respective amounts described in this clause Third payable to them;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>Fourth</I>,
to payment of that portion of the Obligations constituting unpaid principal of the Loans ratably among the Lenders;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>Last</I>,
the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;IX</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Administrative
Agent</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Appointment
and Authority</I>. Each of the Lenders hereby irrevocably appoints Bank of Montreal to act on its behalf as the Administrative Agent
hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise
such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are
reasonably incidental thereto. The provisions of this Article&nbsp;are solely for the benefit of the Administrative Agent, the Lenders,
and Borrower shall not have rights as a third-party beneficiary of any of such provisions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Rights
as a Lender</I>. The Person serving as the Administrative 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 Administrative 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 Administrative 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 Borrower
or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account
therefor to the Lenders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exculpatory
Provisions</I>. The Administrative 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 Administrative Agent:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;shall
not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Administrative Agent is required to exercise as directed in writing by the
Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents),
<I>provided</I> that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel,
may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable law; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 Borrower or any of its Subsidiaries or Affiliates that is communicated to or obtained
by the Person serving as the Administrative Agent or any of its Affiliates in any capacity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Administrative 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 Required
Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good
faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02) or (ii)&nbsp;in the absence of its own gross
negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice
describing such Default is given to the Administrative Agent by the Borrower or a Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i)&nbsp;any statement, warranty or representation
made in or in connection with 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, (iv)&nbsp;the validity, enforceability,
effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document or (v)&nbsp;the
satisfaction of any condition set forth in Article&nbsp;IV or elsewhere herein, other than to confirm receipt of items expressly required
to be delivered to the Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reliance
by Administrative Agent</I>. The Administrative 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 any electronic message,&nbsp;Internet
or intranet website posting or other distribution) reasonably believed by it to be genuine and to have been signed, sent or otherwise
authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and reasonably
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 Administrative
Agent may presume that such condition is satisfactory to such Lender unless the Administrative Agent shall have received notice to the
contrary from such Lender prior to the making of such Loan. The Administrative Agent may consult with legal counsel (who may be counsel
for the Borrower), 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.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delegation
of Duties</I>. The Administrative 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 Administrative Agent. The Administrative 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 Administrative Agent
and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided
for herein as well as activities as Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Resignation
of Administrative Agent</I>. The Administrative Agent may at any time give notice of its resignation to the Lenders and the Borrower.
The Administrative Agent will endeavor to give Borrower advance notice of its intention to resign. 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 Administrative
Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the Lenders, appoint a successor Administrative
Agent meeting the qualifications set forth above; <I>provided</I> that if the Administrative 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 Administrative Agent shall be discharged from its duties and obligations hereunder and under
the other Loan Documents and (2)&nbsp;all payments, communications and determinations provided to be made by, to or through the Administrative
Agent shall instead be made by or to each Lender directly, until such time as the Required Lenders appoint a successor Administrative
Agent as provided for above in this Section. Upon the acceptance of a successor&rsquo;s appointment as Administrative Agent hereunder,
such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired)
Administrative Agent, and the retiring Administrative 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 Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and
such successor. After the retiring Administrative Agent&rsquo;s resignation hereunder and under the other Loan Documents, the provisions
of this Article&nbsp;and Section&nbsp;10.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub-agents
and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them (i)&nbsp;while the retiring
Administrative Agent was acting as Administrative Agent and (ii)&nbsp;after such resignation for as long as any of them continues to
act in any capacity hereunder or under the other Loan Documents, including (a)&nbsp;acting as collateral agent or otherwise holding any
collateral security on behalf of any of the Lenders and (b)&nbsp;in respect of any actions taken in connection with transferring the
agency to any successor Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Non-Reliance
on Administrative Agent and Other Lenders</I>. Each Lender acknowledges that it has, independently and without reliance upon the Administrative
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 Administrative 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Other Duties, Etc.</I> Anything herein to the contrary notwithstanding, none of the Bookrunner(s), Joint Lead Arranger(s), Documentation
Agent(s), Syndication Agent(s)&nbsp;or other titles as necessary listed on the cover page&nbsp;hereof shall have any powers, duties or
responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative
Agent, arranger or a Lender hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Administrative
Agent May&nbsp;File Proofs of Claim</I>. In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial
proceeding relative to the Borrower or any Subsidiary Guarantor, the Administrative Agent (irrespective of whether the principal of any
Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative
Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans and all other Obligations
that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders
and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders
and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders and the Administrative Agent
under Section&nbsp;10.04) allowed in such judicial proceeding; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;to
collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">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 Administrative Agent and, in the event that the Administrative Agent shall consent to the
making of such payments directly to the Lenders to pay to the Administrative Agent any amount due for the reasonable compensation, expenses,
disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent
under Section&nbsp;10.04.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Nothing
contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any
Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to
authorize the Administrative Agent to vote in respect of the claim of any Lender in any such proceeding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.10.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Release
of Subsidiary Guarantors</I>. The Lenders irrevocably authorize the Administrative Agent to release any Subsidiary Guarantor to the extent
such release is requested by Borrower in accordance the provisions set forth in Section&nbsp;6.12(c)&nbsp;hereof and upon the satisfaction
of the conditions set forth in such Section&nbsp;6.12(c)&nbsp;(as reasonably determined by the Administrative Agent). Upon request by
the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent&rsquo;s authority to grant releases
pursuant to this Section&nbsp;9.10. Further, the Administrative Agent is hereby authorized by the Lenders, upon the request of Borrower,
to execute and deliver to Borrower a document (in form and substance acceptable to the Administrative Agent) evidencing such release.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;9.11.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain
ERISA Matters</I>. (a)<B>&nbsp;</B>Each Lender (x)&nbsp;represents and warrants, as of the date such Person became a Lender party hereto,
to, and (y)&nbsp;covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party
hereto, for the benefit of, the Administrative Agent, each Joint Lead Arranger and their respective Affiliates and not, for the avoidance
of doubt, to or for the benefit of the Borrower or any Subsidiary Guarantor, that at least one of the following is and will be true:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
Lender is not using &ldquo;plan assets&rdquo; (within the meaning of Section&nbsp;3(42) of ERISA or otherwise) of one or more Benefit
Plans with respect to such Lender&rsquo;s entrance into, participation in, administration of and performance of the Loans, the Commitments
or this Agreement,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent
qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts),
PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption
for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined
by in-house asset managers), is applicable with respect to such Lender&rsquo;s entrance into, participation in, administration of and
performance of the Loans, the Commitments and this Agreement,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(A)&nbsp;such
Lender is an investment fund managed by a &ldquo;Qualified Professional Asset Manager&rdquo; (within the meaning of Part&nbsp;VI of PTE
84-14), (B)&nbsp;such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate
in, administer and perform the Loans, the Commitments and this Agreement, (C)&nbsp;the entrance into, participation in, administration
of and performance of the Loans, the Commitments and this Agreement satisfies the requirements of sub-sections (b)&nbsp;through (g)&nbsp;of
Part&nbsp;I of PTE 84-14 and (D)&nbsp;to the best knowledge of such Lender, the requirements of subsection (a)&nbsp;of Part&nbsp;I of
PTE 84-14 are satisfied with respect to such Lender&rsquo;s entrance into, participation in, administration of and performance of the
Loans, the Commitments and this Agreement, or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and
such Lender.</FONT></P>

<P STYLE="font: 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: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
addition, unless either (1)&nbsp;sub-clause (i)&nbsp;in the immediately preceding clause (a)&nbsp;is true with respect to a Lender or
(2)&nbsp;a Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv)&nbsp;in the immediately
preceding clause (a), such Lender further (x)&nbsp;represents and warrants, as of the date such Person became a Lender party hereto,
to, and (y)&nbsp;covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party
hereto, for the benefit of, the Administrative Agent, each Joint Lead Arranger, and their respective Affiliates and not, for the avoidance
of doubt, to or for the benefit of the Borrower or any Subsidiary Guarantor, that the Administrative Agent is not a fiduciary with respect
to the assets of such Lender involved in such Lender&rsquo;s entrance into, participation in, administration of and performance of the
Loans, the Commitments and this Agreement (including in connection with the reservation or exercise of any rights by the Administrative
Agent under this Agreement, any Loan Document or any documents related hereto or thereto).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: blue"><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><I><U>Section&nbsp;9.12.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Recovery
of Erroneous Payments</U></I><U>. Notwithstanding anything to the contrary in this Agreement, if at any time Administrative Agent determines
(in its sole and absolute discretion) that it has made a payment hereunder in error to any Lender, or other secured party, whether or
not in respect of an Obligation due and owing by the Borrower at such time, where such payment is a Rescindable Amount, then in any such
event, each such Person receiving a Rescindable Amount severally agrees to repay to the Administrative Agent forthwith on demand the
Rescindable Amount received by such Person in immediately available funds in the currency so received, with interest thereon, for each
day from and including the date such Rescindable Amount is received by it to but excluding the date of payment to the Administrative
Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry
rules&nbsp;on interbank compensation. Each Lender and each other secured party irrevocably waives any and all defenses, including any
 &ldquo;discharge for value&rdquo; (under which a creditor might otherwise claim a right to retain funds mistakenly paid by a third party
in respect of a debt owed by another), &ldquo;good consideration&rdquo;, &ldquo;change of position&rdquo; or similar defenses (whether
at law or in equity) to its obligation to return any Rescindable Amount. The Administrative Agent shall inform each Lender, or other
secured party, that received a Rescindable Amount promptly upon determining that any payment made to such Person comprised, in whole
or in part, a Rescindable Amount. </U></FONT><U><FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">Each Person&rsquo;s obligations, agreements and waivers
under this Section&nbsp;9.12 shall survive <FONT STYLE="font-size: 10pt; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt">the resignation or replacement of
the Administrative Agent, any transfer of rights or obligations by, or the replacement of, a Lender, the termination of the Commitments
and/or the repayment, satisfaction or discharge of all Obligations (or any portion thereof) under any Loan Document.</FONT></FONT></U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Article&nbsp;X</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Miscellaneous</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.01.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendments,
Etc.</I> Subject to Section&nbsp;3.03(b), no amendment or waiver of any provision of this Agreement or any other Loan Document, and no
consent to any departure by the Borrower therefrom, shall be effective unless in writing signed by the Required Lenders and the Borrower
and acknowledged by the Administrative Agent, and each such waiver or consent shall be effective only in the specific instance and for
the specific purpose for which given; <I>provided, however,</I> that no such amendment, waiver or consent shall:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;waive
any condition set forth in Section&nbsp;4.01(a)&nbsp;without the written consent of each Lender;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;extend
or increase the Commitment of any Lender (or reinstate any Commitment terminated pursuant to Section&nbsp;8.02) without the written consent
of such Lender;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;postpone
any date fixed by this Agreement or any other Loan Document for any payment or mandatory prepayment of principal, interest, fees or other
amounts due to the Lenders (or any of them) hereunder or under any other Loan Document or amend the definition of <FONT STYLE="color: red"><STRIKE>&ldquo;Term
A Loan Maturity Date&rdquo; or</STRIKE></FONT> &ldquo;Term B Loan Maturity Date&rdquo; without the written consent of each Lender directly
affected thereby;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;reduce
the principal of, or the rate of interest specified herein on, any Loan, or any fees or other amounts payable hereunder or under any
other Loan Document without the written consent of each Lender directly affected thereby; <I>provided, however, </I>that only the consent
of the Required Lenders shall be necessary (i)&nbsp;to amend the definition of &ldquo;Default Rate&rdquo; or (ii)&nbsp;to waive any obligation
of the Borrower to pay interest at the Default Rate;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;change
Section&nbsp;2.14 or Section&nbsp;8.03 in a manner that would alter the pro rata sharing of payments required thereby without the written
consent of each Lender; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;change
any provision of this Section&nbsp;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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">and, <I>provided
further, </I>that no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the
Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document. 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 any waiver, amendment or modification
requiring the consent of all Lenders or each affected Lender that by its terms affects any Defaulting Lender more adversely than other
affected Lenders shall require the consent of such Defaulting Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.02.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notices;
Effectiveness; Electronic Communication</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Notices
Generally</I>. Except in the case of notices and other communications expressly permitted to be given by telephone (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 facsimile as follows, and all notices and other
communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
to the Borrower or the Administrative Agent, to the address, facsimile number, electronic mail address or telephone number specified
for such Person on Schedule 10.02; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;if
to any other Lender, to the address, telecopier number, electronic mail address or telephone number specified in its Administrative Questionnaire
(including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in
effect for the delivery of notices that may contain material non-public information relating to the Borrower.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">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
(b)&nbsp;below, shall be effective as provided in such subsection (b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Electronic
Communications</I>. Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communication
(including e-mail, FpML messaging, and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, <I>provided
</I>that the foregoing shall not apply to notices to any Lender pursuant to Article&nbsp;II if such Lender has notified the Administrative
Agent that it is incapable of receiving notices under such Article&nbsp;by electronic communication. The Administrative Agent or the
Borrower may each, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant
to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Unless
the Administrative Agent otherwise prescribes, (i)&nbsp;notices and other communications sent to an e-mail address shall be deemed received
upon the sender&rsquo;s receipt of an acknowledgement from the intended recipient (such as by the &ldquo;return receipt requested&rdquo;
function, as available, return e-mail or other written acknowledgement), and (ii)&nbsp;notices or communications posted to an Internet
or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in
the foregoing clause (i)&nbsp;of notification that such notice or communication is available and identifying the website address therefor;
<I>provided</I> that for both clauses (i)&nbsp;and (ii)&nbsp;inclusive, is 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>The
Platform</I>. <FONT STYLE="font-variant: small-caps">The platform 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, implied or
statutory, including any warranty of merchantability, fitness for a particular purpose, non-infringement of third party rights or freedom
from viruses or other code defects, is made by any Agent Party in connection with the Borrower materials or the platform</FONT>. In no
event shall the Administrative Agent or any of its Related Parties (collectively, the <I>&ldquo;Agent Parties&rdquo;</I>) have any liability
to the Borrower, 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 Borrower&rsquo;s or the Administrative Agent&rsquo;s transmission of Borrower Materials or notices through
the Platform, any other electronic platform or electronic messaging service, or through the Internet, except to the extent that such
losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and nonappealable judgment
to have resulted from the gross negligence or willful misconduct of such Agent Party; <I>provided, however,</I> that in no event shall
any Agent Party have any liability to the Borrower, any Lender or any other Person for indirect, special, incidental, consequential or
punitive damages (as opposed to direct or actual damages).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Change
of Address, Etc.</I> Each of the Borrower and the Administrative Agent may change its address, facsimile, or telephone number for notices
and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, facsimile, or telephone
number for notices and other communications hereunder by notice to the Borrower and the Administrative Agent. In addition, each Lender
agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent has on record (i)&nbsp;an effective
address, contact name, telephone number, facsimile 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 United States Federal or state
securities laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Reliance
by Administrative Agent and Lenders</I>. The Administrative Agent and the Lenders shall be entitled to rely and act upon any notices
(including telephonic notices and Loan Notices) purportedly given by or on behalf of the Borrower 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 Borrower shall indemnify the
Administrative 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 Borrower. All telephonic notices to and other
telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby
consents to such recording.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.03.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Waiver; Cumulative Remedies; Enforcement</I>. No failure by any Lender or the Administrative Agent 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 preclude any other or further exercise thereof or the exercise of any other
right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any
rights, remedies, powers and privileges provided by law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">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 Borrower or any Subsidiary Guarantor or any of them shall be vested exclusively in, and all actions
and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative Agent
in accordance with Section&nbsp;8.02 for the benefit of all the Lenders; <I>provided, however, </I>that the foregoing shall not prohibit
(a)&nbsp;the Administrative Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its
capacity as Administrative Agent) hereunder and under the other Loan Documents, (b)&nbsp;any Lender from exercising setoff rights in
accordance with Section&nbsp;10.08 (subject to the terms of Section&nbsp;2.14), or (c)&nbsp;any Lender from filing proofs of claim or
appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to Borrower or any Subsidiary Guarantor
under any Debtor Relief Law; and <I>provided, further, </I>that if at any time there is no Person acting as Administrative Agent hereunder
and under the other Loan Documents, then (i)&nbsp;the Required Lenders shall have the rights otherwise ascribed to the Administrative
Agent pursuant to Section&nbsp;8.02 and (ii)&nbsp;in addition to the matters set forth in clauses (b)&nbsp;and (c)&nbsp;of the preceding
proviso and subject to Section&nbsp;2.14, 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.04.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Expenses;
Indemnity; Damage Waiver</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Costs
and Expenses</I>. The Borrower shall pay (i)&nbsp;all reasonable out-of-pocket expenses incurred by the Administrative Agent and its
Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the
syndication of the credit facilities provided for herein on or prior to the Closing Date or following the Closing Date with respect to
any assignments (i)&nbsp;at the request of the Borrower or (ii)&nbsp;pursuant to Section&nbsp;10.13 (without duplication of any expenses
paid by Borrower pursuant to the Fee Letter relating to syndication of the credit facilities), the preparation, negotiation, execution,
delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions
hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated) and (ii)&nbsp;all out-of-pocket
expenses incurred by the Administrative Agent or any Lender (including the fees, charges and disbursements of any counsel for the Administrative
Agent or any Lender), in connection with the enforcement or protection of its rights (A)&nbsp;in connection with this Agreement and the
other Loan Documents, including its rights under this Section, or (B)&nbsp;in connection with the Loans made hereunder, including all
such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Indemnification
by the Borrower</I>. The Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), each Lender, and each Related
Party of any of the foregoing Persons (each such Person being called an <I>&ldquo;Indemnitee&rdquo;</I>) against, and hold each Indemnitee
harmless from, any and all losses, claims, damages, liabilities and related expenses (including the reasonable fees, charges and disbursements
of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from all reasonable fees and time charges and
disbursements for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by
any third party or by the Borrower arising out of, in connection with, or as a result of (i)&nbsp;the execution or delivery of this Agreement,
any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their
respective obligations hereunder or thereunder, the consummation of the transactions contemplated hereby or thereby, or, in the case
of the Administrative Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement and the other
Loan Documents (including in respect of any matters addressed in Section&nbsp;3.01), (ii)&nbsp;any Loan or the use or proposed use of
the proceeds therefrom, (iii)&nbsp;any Environmental Claims or any Environmental Liability related in any way to the Borrower 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 of its Subsidiaries,
and regardless of whether any Indemnitee is a party thereto <FONT STYLE="font-variant: small-caps">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</FONT>; <I>provided</I>
that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related
expenses (x)&nbsp;are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Indemnitee or (y)&nbsp;result from a claim brought by the Borrower against an Indemnitee for
breach in bad faith of such Indemnitee&rsquo;s obligations hereunder or under any other Loan Document, if the Borrower has obtained a
final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Reimbursement
by Lenders</I>. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under subsection (a)&nbsp;or
(b)&nbsp;of this Section&nbsp;to be paid by it to the Administrative Agent (or any sub-agent thereof) or any Related Party of any of
the foregoing, each Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), or such Related Party, as the
case may be, such Lender&rsquo;s applicable Applicable Percentage (determined as of the time that the applicable unreimbursed expense
or indemnity payment is sought) of such unpaid amount, <I>provided</I> that the unreimbursed expense or indemnified loss, claim, damage,
liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent)
in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent)
in connection with such capacity. The obligations of the Lenders under this subsection (c)&nbsp;are subject to the provisions of Section&nbsp;2.13(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Waiver
of Consequential Damages, Etc.</I> To the fullest extent permitted by applicable law, the Borrower shall not assert, and hereby waives,
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 or any agreement
or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or the use of the proceeds thereof. No Indemnitee
referred to in subsection (b)&nbsp;above 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Payments</I>.
All amounts due under this Section&nbsp;shall be payable not later than ten Business Days after written demand therefor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Survival</I>.
The agreements in this Section&nbsp;shall survive the resignation of the Administrative Agent, the replacement of any Lender, the termination
of the Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.05.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments
Set Aside</I>. To the extent that any payment by or on behalf of the Borrower is made to the Administrative Agent or any Lender, or the
Administrative Agent or any Lender 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 the Administrative Agent or such Lender 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 Administrative Agent upon demand its applicable share
(without duplication) of any amount so recovered from or repaid by the Administrative 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.06.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Successors
and Assigns</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Successors
and Assigns Generally</I>. 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 the Borrower may not assign or otherwise transfer any of its rights
or obligations hereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise
transfer any of its rights or obligations hereunder except (i)&nbsp;to an 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 provided herein, the Related Parties
of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of 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"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Assignments
by Lenders</I>. Any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this
Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); <I>provided</I> that any such assignment
shall be subject to the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Minimum
Amounts</I>. (A)&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, an Affiliate of a Lender or an Approved Fund, no minimum amount
need be assigned; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;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 outstanding thereunder) 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 Administrative 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 (and in integral multiples of $1,000,000 in excess thereof) unless each of the Administrative Agent and,
so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably
withheld or delayed); provided, however, 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Proportionate
Amounts</I>. 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;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Required
Consents</I>. 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:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(A)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
consent of the Borrower (such consent not to be unreasonably withheld) shall be required unless (1)&nbsp;an 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; <I>provided</I>, that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written
notice to the Administrative Agent within five (5)&nbsp;Business Days after having received notice thereof; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(B)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required 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.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Assignment
and Assumption</I>. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption,
together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its
sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender,
shall deliver to the Administrative Agent an Administrative Questionnaire.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>No
Assignment to Certain Persons</I>. No such assignment shall be made (A)&nbsp;to the Borrower or any of the Borrower&rsquo;s Affiliates
or Subsidiaries, or (B)&nbsp;to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder,
would constitute any of the foregoing Persons described in this clause (B), (C)&nbsp;to a natural person, or (D)&nbsp;to a competitor
of the Borrower listed on Schedule 10.06(b)(v)&nbsp;attached hereto, as such schedule may be updated from time to time as approved by
the Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Certain
Additional Payments</I>. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment
shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall
make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate
(which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including
funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but
not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x)&nbsp;pay
and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent or any Lender hereunder (and
interest accrued thereon) and (y)&nbsp;acquire its full pro rata share of all Loans in accordance with its applicable 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 paragraph, then the assignee of such interest shall be
deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Subject to acceptance
and recording thereof by the Administrative Agent pursuant to subsection (c)&nbsp;of this Section, from and after the effective date
specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest
assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender
thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this
Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender&rsquo;s rights and obligations under
this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 3.01, 3.04,
3.05, and 10.04 with respect to facts and circumstances occurring prior to the effective date of such assignment. 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 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.</FONT></P>

<P STYLE="font: 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: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Register</I>.
The Administrative Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower (and such agency being solely for tax
purposes), shall maintain at the Administrative Agent&rsquo;s Office a copy of each Assignment and Assumption delivered to it and a register
for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts of the Loans owing to, each
Lender pursuant to the terms hereof from time to time (the <I>&ldquo;Register&rdquo;</I>). The entries in the Register shall be conclusive,
and the Borrower, the Administrative Agent and the Lenders may 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. In addition, the Administrative
Agent shall maintain on the Register information regarding the designation, and revocation of designation, of any Lender as a Defaulting
Lender. 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Participations</I>.
Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell participations to any
Person (other than a natural person, a Defaulting Lender or the Borrower or any of the Borrower&rsquo;s Affiliates or Subsidiaries) (each,
a <I>&ldquo;Participant&rdquo;</I>) in all or a portion of such Lender&rsquo;s rights and/or obligations under this Agreement (including
all or a portion of its Commitment and/or the Loans owing to it); <I>provided</I> 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 Borrower, the Administrative Agent and 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">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; <I>provided</I> 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 the lettered items of the first proviso to Section&nbsp;10.01 that affects such Participant. Subject
to subsection (e)&nbsp;of this Section, the Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01,
3.04 and 3.05 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 Section&nbsp;10.08 as though
it were a Lender, provided such Participant agrees to be subject to Section&nbsp;2.14 as though it were a Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">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 <I>&ldquo;Participant Register&rdquo;</I>); provided 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 Participants interest in any commitments, loans<FONT STYLE="color: red"><STRIKE>, letters of credit
</STRIKE></FONT>or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary
to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section&nbsp;5f.103-1(c)&nbsp;of
the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender
shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this
Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative
Agent) shall have no responsibility for maintaining a Participant Register.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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: 0.5in"><FONT STYLE="font-size: 10pt">(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Limitations
upon Participant Rights</I>. A Participant shall not be entitled to receive any greater payment under Section&nbsp;3.01 or 3.04 than
the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant. A Participant that
would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section&nbsp;3.01 unless the Borrower is notified
of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section&nbsp;3.01(e)&nbsp;as
though it were a Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<I>Certain
Pledges</I>. 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; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or
substitute any such pledgee or assignee for such Lender as a party hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.07.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Treatment
of Certain Information; Confidentiality</I>. Each of the Administrative Agent, the arrangers and the Lenders 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 and its Affiliates&rsquo;
respective partners, directors, officers, employees, agents, trustees, advisors and representatives <FONT STYLE="font-variant: small-caps">solely
in connection with this</FONT> Agreement and the Loan Documents (it being understood that the Persons to whom such disclosure is made
will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b)&nbsp;to the
extent requested by any regulatory authority purporting to have jurisdiction over it (including any self-regulatory authority, such as
the National Association of Insurance Commissioners), (c)&nbsp;to the extent required by applicable laws or regulations or by any subpoena
or similar legal process, (d)&nbsp;to any other party 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 or obligations under this Agreement
<FONT STYLE="color: red"><STRIKE>or any Eligible Assignee invited to be a Lender pursuant to Section&nbsp;2.16(c)</STRIKE></FONT>&nbsp;or
(ii)&nbsp;any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and
its obligations, (g)&nbsp;with the consent of the Borrower or (h)&nbsp;to the extent such Information (x)&nbsp;becomes publicly available
other than as a result of a breach of this Section&nbsp;or (y)&nbsp;becomes available to the Administrative Agent, any Lender or any
of their respective Affiliates on a nonconfidential basis from a source other than the Borrower. For purposes of this Section, &ldquo;Information&rdquo;
means all information received from the Borrower or any Subsidiary relating to the Borrower or any Subsidiary or any of their respective
businesses, other than any such information that is available to the Administrative Agent or any Lender on a nonconfidential basis prior
to disclosure by the Borrower or any Subsidiary and other than information pertaining to this Agreement routinely provided by arrangers
to data service providers, including league table providers, that serve the lending industry, <I>provided</I> that, in the case of information
received from the Borrower or any Subsidiary after the date hereof, all such information shall be deemed to be confidential unless the
Borrower or such Subsidiary has clearly and conspicuously marked such information as &ldquo;PUBLIC&rdquo; in accordance with Section&nbsp;6.02
hereof. 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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Each
of the Administrative Agent and the Lenders acknowledges that (a)&nbsp;the Information may include material non-public information concerning
the Borrower 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 applicable Law, including United States
federal and state securities Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.08.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Right
of Setoff</I>. If an Event of Default shall have occurred and be continuing, 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 Administrative Agent, to the fullest extent
permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in
whatever currency) 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 against any and all of the obligations of the Borrower now or hereafter existing
under this Agreement or any other Loan Document to such Lender, 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 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; provided,
that in the event that any Defaulting Lender shall exercise any such right of setoff, (x)&nbsp;all amounts so set off shall be paid over
immediately to the Administrative Agent for further application in accordance with the provisions of Section&nbsp;2.18 and, pending such
payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative
Agent and the Lenders, and (y)&nbsp;the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in
reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender
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 Administrative Agent promptly
after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and
application.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.09.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
Rate Limitation</I>. 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 applicable Law (the <I>&ldquo;Maximum
Rate&rdquo;</I>). If the Administrative 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 or, if it exceeds such unpaid principal, refunded to the Borrower. In determining
whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person
may, to the extent permitted by applicable 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.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.10.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Counterparts;
Integration; Effectiveness</I>. 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 Section&nbsp;4.01,
this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent
shall have received counterparts hereof 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 or other electronic imaging means shall be effective
as delivery of a manually executed counterpart of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.11.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Survival
of Representations and Warranties</I>. 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 Administrative Agent and each Lender, regardless of any investigation
made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may
have had notice or knowledge of any Default at the time of any Credit Extension, and shall continue in full force and effect as long
as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.12.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Severability</I>.
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 Section&nbsp;10.12, 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 Administrative
Agents, then such provisions shall be deemed to be in effect only to the extent not so limited.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.13.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Replacement
of Lenders</I>. If any Lender requests compensation under Section&nbsp;3.04, or if the Borrower is required to pay any additional amount
to any Lender or any Governmental Authority for the account of any Lender pursuant to Section&nbsp;3.01, or if any Lender is a Defaulting
Lender, or if any other circumstance exists hereunder that gives the Borrower the right to replace a Lender as a party hereto, then the
Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign
and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section&nbsp;10.06),
all of its interests, rights 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), <I>provided </I>that:</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
Borrower shall have paid to the Administrative Agent the assignment fee specified in Section&nbsp;10.06(b);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
Lender shall have received payment of an amount equal to 100% of 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 (including any amounts under Section&nbsp;3.05)
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), it being agreed that no prepayment fee shall be payable in connection with any such payment;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;in
the case of any such assignment resulting from a claim for compensation under Section&nbsp;3.04 or payments required to be made pursuant
to Section&nbsp;3.01, such assignment will result in a reduction in such compensation or payments thereafter; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;such
assignment does not conflict with applicable Laws.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">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.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.14.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Governing
Law; Jurisdiction; Etc.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-variant: small-caps"><I>Governing
Law</I>. This Agreement shall be governed by, and construed in accordance with, the law of the state of New York pursuant to Section&nbsp;5-1401
of the General Obligations Laws of the State of New York (without giving effect to New York&rsquo;s principles of conflicts of law)</FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-variant: small-caps"><I>Submission
to Jurisdiction</I>. The Borrower irrevocably and unconditionally submits, for itself and its property, to the nonexclusive jurisdiction
of 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, in any action or proceeding arising out of or relating to this agreement or any other
loan document, or for recognition or enforcement of any judgment, and each of the parties hereto irrevocably and unconditionally agrees
that all claims in respect of any such action or proceeding may be heard and determined in such New York State court or, to the fullest
extent permitted by applicable law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action
or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided
by law. Nothing in this Agreement or in any other loan document shall affect any right that the administrative agent or any lender may
otherwise have to bring any action or proceeding relating to this Agreement or any other loan document against any Borrower or its properties
in the courts of any jurisdiction</FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-variant: small-caps"><I>Waiver
of Venue</I>. The Borrower irrevocably and unconditionally waives, to the fullest extent permitted by applicable law, any objection that
it may now or hereafter have to the laying of venue of any action 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 applicable law, the defense of an inconvenient forum to the maintenance of such action or proceeding
in any such court</FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(d)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<FONT STYLE="font-variant: small-caps"><I>Service
of Process</I>. Each party hereto irrevocably consents to service of process in the manner provided for notices in Section&nbsp;10.02.
Nothing in this agreement will affect the right of any party hereto to serve process in any other manner permitted by applicable law</FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.15.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waiver
of Jury Trial</I>. <FONT STYLE="font-variant: small-caps">Each party hereto hereby irrevocably waives, to the fullest extent permitted
by applicable law, any right it may have to a trial by jury in any legal proceeding directly or indirectly arising out of or relating
to this Agreement or any other loan document or the transactions contemplated hereby or thereby (whether based on contract, tort or any
other theory). 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, 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</FONT>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.16.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
Advisory or Fiduciary Responsibility</I>. In connection with all aspects of each transaction contemplated hereby (including in connection
with any amendment, waiver or other modification hereof or of any other Loan Document), the Borrower acknowledges and agrees, and acknowledges
its Affiliates&rsquo; understanding, that: (i)&nbsp;(A)&nbsp;the arranging and other services regarding this Agreement provided by the
Administrative Agent and the Joint Lead Arrangers are arm&rsquo;s-length commercial transactions between the Borrower and its Affiliates,
on the one hand, and the Administrative Agent and the Joint Lead Arrangers, on the other hand, (B)&nbsp;the Borrower has consulted its
own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C)&nbsp;the Borrower is capable of evaluating,
and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents;
(ii)&nbsp;(A)&nbsp;each of the Administrative Agent and the Joint Lead Arrangers is and has been acting solely as a principal and, except
as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary
for the Borrower or any of its Affiliates, or any other Person and (B)&nbsp;neither the Administrative Agent nor any Joint Lead Arranger
has any obligation to the Borrower 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; and (iii)&nbsp;the Administrative Agent, the Joint Lead Arrangers and their
respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and
its Affiliates, and neither the Administrative Agent nor any Joint Lead Arranger has any obligation to disclose any of such interests
to the Borrower or its Affiliates. To the fullest extent permitted by law, the Borrower hereby waives and releases any claims that it
may have against the Administrative Agent and the Joint Lead Arrangers with respect to any breach or alleged breach of agency or fiduciary
duty in connection with any aspect of any transaction contemplated hereby.</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.17.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Electronic
Execution of Assignments and Certain Other Documents</I>. The words &ldquo;execute,&rdquo; &ldquo;execution,&rdquo; &ldquo;signed,&rdquo;
 &ldquo;signature,&rdquo; and words of like import in or related to any document to be signed in connection with this Agreement and the
transactions contemplated hereby (including without limitation Assignment and Assumptions, amendments or other modifications, <FONT STYLE="color: red"><STRIKE>Committed
Loan Notices, Swing Line Loan Notices, </STRIKE></FONT>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 Administrative 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; <I>provided</I> that notwithstanding anything contained herein
to the contrary the Administrative Agent is under no obligation to agree to accept electronic signatures in any form or in any format
unless expressly agreed to by the Administrative Agent pursuant to procedures approved by it.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.18.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;USA
PATRIOT Act</I>. Each Lender that is subject to the PATRIOT Act and the Administrative Agent (for itself and not on behalf of any Lender)
hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act, it is required to obtain, verify and record information
that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such
Lender or the Administrative Agent, as applicable, to identify the Borrower in accordance with the PATRIOT Act. The Borrower shall, promptly
following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative
Agent or such Lender requests in order to comply with its ongoing obligations under applicable &ldquo;know your customer&rdquo; and anti-money
laundering rules&nbsp;and regulations, including the PATRIOT Act.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.19.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Time
of the Essence</I>. Time is of the essence of the Loan Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.20.&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-variant: small-caps">Entire
Agreement</FONT></I>. <FONT STYLE="font-variant: small-caps">This Agreement and the other Loan Documents represent the final agreement
among the parties and may not be contradicted by evidence of prior, contemporaneous, or subsequent oral agreements of the parties. There
are no unwritten oral agreements among the parties.</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.21</I>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Acknowledgement
and Consent to Bail-In of EEA Financial Institutions</I>. Solely to the extent any Lender that is an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Financial Institution is a party to this Agreement and 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 Lender that is an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected</U></FONT></FONT><FONT STYLE="font-size: 10pt">&nbsp;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 <FONT STYLE="color: red"><STRIKE>an EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
applicable</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Resolution Authority and agrees and consents to, and acknowledges and agrees
to be bound by:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
application of any Write-Down and Conversion Powers by an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Resolution Authority to any such liabilities arising hereunder which may be payable to
it by any Lender that is an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Financial Institution;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(b)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
effects of any Bail-In Action on any such liability, including, if applicable:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
reduction in full or in part or cancellation of any such liability;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;a
conversion of all, or a portion of, such liability into shares or other instruments of ownership in such <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected
</U></FONT></FONT><FONT STYLE="font-size: 10pt">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</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;the
variation of the terms of such liability in connection with the exercise of the Write-Down and Conversion Powers of <FONT STYLE="color: red"><STRIKE>any
EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>the
applicable</U></FONT></FONT> <FONT STYLE="font-size: 10pt">Resolution Authority.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Borrower
may release and/or forgive all or any portion of any liability of an <FONT STYLE="color: red"><STRIKE>EEA</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Affected
</U></FONT></FONT><FONT STYLE="font-size: 10pt">Financial Institution.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 10pt"><I>Section&nbsp;10.22</I>&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Amendment
and Restatement</I>. On the Closing Date, this Agreement shall supersede the Original Credit Agreement in its entirety. On the Closing
Date, the rights and obligations of the parties evidenced by the Original Credit Agreement and the notes issued thereunder shall be evidenced
by this Agreement, the Notes and the other Loan Documents, the &ldquo;Loans&rdquo; as defined in the Original Credit Agreement shall
be continued under this Agreement for the account of the Borrower, and shall bear interest and be subject to such other fees as set forth
in this Agreement. This Agreement and each Note is not intended to be, and shall not constitute, a novation of the Original Credit Agreement
or the obligations created thereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[remainder of page&nbsp;left
intentionally blank &ndash; signature pages, exhibits and schedules to follow]</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; font-variant: small-caps">In
Witness Whereof</FONT><FONT STYLE="font-size: 10pt">, the parties hereto have caused this Agreement to be duly executed as of the date
first above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 25%">&nbsp;</TD>
<TD STYLE="font-size: 10pt; width: 25%">&nbsp;</TD><TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Borrower:</FONT> </TD></TR>
                                                                                                                                                                                                              </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps"></FONT></TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Franklin
Street Properties Corp.,</FONT></TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-left: 0.125in; text-align: justify">a Maryland corporation</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&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="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page&nbsp;to
Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 25%">&nbsp;</TD>
<TD STYLE="font-size: 10pt; width: 25%">&nbsp;</TD><TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Lenders/Agent:</FONT></TD></TR>
                                                                                                                                                                                        </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left"></TD><TD STYLE="text-indent: -0.125in; padding-left: 0.125in; text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Bank
of Montreal</FONT><FONT STYLE="font-size: 10pt">, individually in its capacity as Administrative Agent and as a Lender</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="font-size: 10pt; width: 42%">Lloyd
Baron</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="color: blue; border-bottom-style: double; border-bottom-width: 0.5pt; padding-bottom: 0.5pt"><U>Managing
</U></FONT><FONT STYLE="font-size: 10pt">Director</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">[Signature Page&nbsp;to
Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps"></FONT></TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">PNC
Bank, National Association</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page&nbsp;to
Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left">&nbsp;</TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Capital
One Bank, National Association</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">[Signature
Page&nbsp;to Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left"></TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Regions
Financial Corporation</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page&nbsp;to
Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left"><FONT STYLE="font-size: 10pt; font-variant: small-caps"></FONT></TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">U.S.
Bank National Association</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page&nbsp;to
Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left"></TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Branch
Banking and Trust Company</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page&nbsp;to
Second Amended and Restated Credit Agreement (Franklin Street Properties Corp.)]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Annex
II to First Amendment to</B></FONT></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"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Second
Amended and Restated Credit Agreement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(See Attached)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">[Annex II to First Amendment to Second Amended and Restated Credit Agreement]&nbsp;</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><U>Schedule 2.01</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Commitments and
Applicable Percentages</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Lender</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Term B Loan <BR> Commitment</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; text-align: center">Applicable<BR> Percentage</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 64%; text-align: justify; padding-bottom: 1pt">Bank of Montreal</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; width: 1%; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; width: 15%; text-align: right">28,409,090.91</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; width: 1%; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; width: 15%; text-align: right">22.7272727273</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">PNC Bank, National Association</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">28,409,090.91</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">22.7272727273</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Capital One, National Association</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">22,727,272.73</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">18.1818181818</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Regions Bank</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">22,727,272.73</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">18.1818181818</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">U.S. Bank National Association</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">$</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">14,204,545.45</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: right">11.3636363636</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 1pt">Branch Banking and Trust Company</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">8,522,727.27</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">6.8181818182</TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; text-align: left">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; padding-bottom: 2.5pt">Total</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font: bold 10pt Times New Roman, Times, Serif; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; font: bold 10pt Times New Roman, Times, Serif; text-align: right">125,000,000.00</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font: bold 10pt Times New Roman, Times, Serif; text-align: right">100.000000000</TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 2.5pt; text-align: left">%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Schedule&nbsp;10.02</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Administrative
Agent&rsquo;s Office;<BR>
Certain Addresses for Notices</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Borrower</FONT><FONT STYLE="font-size: 10pt">:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">401 Edgewater Place,
Suite&nbsp;200&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Wakefield, Massachusetts
01880-6210&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attention: Chief
Financial Officer&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (781)
557-1300 [(781) 557-1341]&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Facsimile: (781)
246-2807&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
jdemeritt@fspreit.com&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">www.franklinstreetproperties.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">With an electronic mail copy to: scarter@fspreit.com,
gcarter@fspreit.com, jdemeritt@fspreit.com, aklouse@fspreit.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White; width: 20%; text-align: left">With a copy to:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White; width: 80%; text-align: left">Foley&nbsp;&amp; Lardner LLP</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White; text-align: left">111 Huntington Avenue Suite&nbsp;2500</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White; text-align: left">Boston, Massachusetts 02199</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White; text-align: left">Attention: Jamie N. Class,&nbsp;Esq.</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">Telephone: (617) 226-3111</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; background-color: White; text-align: left">Electronic Mail: jclass@foley.com</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">[Administrative
Agent address on following page(s)]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<!-- Field: Page; Sequence: 138 -->
    <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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Administrative
Agent</FONT><FONT STYLE="font-size: 10pt">:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Administrative
Agent&rsquo;s Office</I>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>(for payments
and Requests for Borrowings):</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Bank of Montreal&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">115 S. LaSalle
Street&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">17th Floor - West&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Chicago,&nbsp;Illinois
60603&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Edward Andjulis&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (312)
461-2290&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
Edward.Andjulis@bmo.com and GFSAgencyUS@bmo.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Administrative
Agent&rsquo;s Closing Contact</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Bank of Montreal&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">115 S. LaSalle
Street&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">17th Floor - West&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Chicago,&nbsp;Illinois
60603&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Alicia Garcia&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (312)
461-7017&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
Alicia.garcia@bmo.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>Other Notices
as Administrative Agent:</I>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Bank of Montreal&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">100 High Street&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">26th Floor&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Boston, Massachusetts
02110&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Lloyd Baron&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (617)
960-2372&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
Lloyd.Baron@bmo.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Lenders:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Bank of Montreal&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">100 High Street&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">26th Floor&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Boston, Massachusetts
02110&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Lloyd Baron&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (617)
960-2372&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
Lloyd.baron@bmo.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">PNC Bank, National
Association&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">1600 Market Street&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Philadelphia, Pennsylvania
19103&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Shari Reams-Henofer&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (215)
585-5352&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
shari.reams@pnc.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Capital One Bank,
National Association&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">275 Broadhollow
Road&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Melville, New York
11747&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Peter Ilovic&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (631)
531-2159&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
peter.ilovic@capitalone.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Regions Bank&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">1717 McKinney Avenue,
Suite&nbsp;1100&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Dallas, TX 75202&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Walter E.
Rivadeneira&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: 512-592-1365&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
walter.rivadeneira@regions.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">U.S. Bank National
Association&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">1100 Abernathy
Road&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Suite&nbsp;1250&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Atlanta, Georgia
30328&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Lee Hord&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (770)
512-3117&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
lee.hord@usbank.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Branch Banking
and Trust Company&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">200 West Second
Street&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">FL 16&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Winston Salem,
North Carolina 27101&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Attn: Mark Edwards&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Telephone: (336)
733-1418&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Electronic Mail:
edwards.mark@bbandt.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Schedule&nbsp;10.06(</B></FONT><B><FONT STYLE="font-size: 10pt">b)(v)</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Competitors
of Borrower</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Beacon Capital</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Boston Properties,&nbsp;Inc.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Brandywine Realty Trust</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">City Office</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Corporate Office Properties Trust</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Cousins Properties</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">CP Group</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Douglas Emmett,&nbsp;Inc.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Granite Properties</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Highwoods Properties,&nbsp;Inc.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Kilroy Realty Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Mack-Cali Realty Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Piedmont Office Realty Trust</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">SL Green Realty Corp.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Vornado Realty Trust</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Washington Real Estate Investment Trust</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">W.P. Carey&nbsp;&amp; Co., LLC</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Annex
III to First Amendment to&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Second
Amended and Restated Credit Agreement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">(See Attached)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">[Annex III to First Amendment to Second Amended and Restated Credit Agreement]&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Exhibit&nbsp;A</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>Form&nbsp;of
Loan Notice</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Date: ___________,
_____</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">To:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank
of Montreal, as Administrative Agent</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Ladies and Gentlemen:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Reference
is made to that certain Second Amended and Restated Credit Agreement, dated as of September&nbsp;27, 2018 (as amended, restated, extended,
supplemented or otherwise modified in writing from time to time, the <I>&ldquo;Agreement;&rdquo;</I> the terms defined therein being
used herein as therein defined), among Franklin Street Properties Corp. (the <I>&ldquo;Borrower&rdquo;</I>), the Lenders from time to
time party thereto, and Bank of Montreal, as Administrative Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
undersigned hereby requests (select one):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A Borrowing of Term B Loans</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A conversion or continuation of Term B Loans</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;On
______________________________ (a Business Day).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;In
the amount of $_______________.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0pt 0 0pt 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify; text-indent: 0.5in"> <FONT STYLE="font-size: 10pt">3.</FONT> <FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comprised of ________________________________________.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-left: 2.25in; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-size: 10pt">[Type of Loan requested]</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
SOFR Loans: with an Interest Period of ___&nbsp;months.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt; width: 25%">&nbsp;</TD>
<TD STYLE="font-size: 10pt; width: 25%">&nbsp;</TD><TD STYLE="font-size: 10pt; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Borrower:</FONT></TD></TR><TR STYLE="font-size: 10pt; vertical-align: top">
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
<TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD></TR>
                                                                                                                                                                                                                    </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 25%"></TD><TD STYLE="width: 25%; text-align: left">&nbsp;</TD><TD STYLE="text-align: justify; width: 50%"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Franklin
Street Properties Corp.,</FONT></TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-left: 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">a Maryland corporation</FONT></TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 3%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; width: 42%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">E<FONT STYLE="font-size: 8pt">XHIBIT
</FONT>A<BR>
(Form of Loan Notice)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>EXHIBIT&nbsp;E</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps"><B>FORM&nbsp;OF
COMPLIANCE CERTIFICATE</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Financial Statement
Date: _______________, _____</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">To:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank
of Montreal, as Administrative Agent</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Ladies and Gentlemen:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Reference
is made to that certain Second Amended and Restated Credit Agreement, dated as of September&nbsp;27, 2018 (as amended, restated, extended,
supplemented or otherwise modified in writing from time to time, the &ldquo;<U>Agreement</U>;&rdquo; the terms defined therein being
used herein as therein defined), among Franklin Street Properties Corp. (the &ldquo;Borrower&rdquo;), the Lenders from time to time party
thereto, and Bank of Montreal, as Administrative Agent, L/C Issuer and Swing Line Lender.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
undersigned Responsible Officer hereby certifies as of the date hereof that he/she is the _______________________________________ of
Borrower, and that, as such, he/she is authorized to execute and deliver this Certificate to the Administrative Agent on the behalf of
the Borrower, and that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><I>[Use following
paragraph&nbsp;1 for fiscal <B>year-end</B> financial statements]</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Borrower has delivered the year-end audited financial statements required by <U>Section&nbsp;6.01(a)</U>&nbsp;of the Agreement for the
fiscal year of the Borrower ended as of the above date, together with the report and opinion of an independent certified public accountant
required by such section.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><I>[Use following
paragraph&nbsp;1 for fiscal <B>quarter-end</B> financial statements]</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Borrower has delivered the unaudited financial statements required by <U>Section&nbsp;6.01(b)</U>&nbsp;of the Agreement for the fiscal
quarter of the Borrower ended as of the above date. Such financial statements fairly present, in all material respects, the financial
condition, results of operations and cash flows of the Consolidated Parties in accordance with GAAP as at such date and for such period,
subject only to normal year-end audit adjustments and the absence of footnotes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
undersigned has reviewed and is familiar with the terms of the Agreement and has made, or has caused to be made under his/her supervision,
a detailed review of the transactions and condition (financial or otherwise) of the Borrower during the accounting period covered by
such financial statements.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;A
review of the activities of the Borrower during such fiscal period has been made under the supervision of the undersigned with a view
to determining whether during such fiscal period the Borrower performed and observed all its Obligations under the Loan Documents, and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B><I>[select one:]&nbsp;</I></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>[to
the knowledge of the undersigned, during such fiscal period no Default or Event of Default has occurred and is continuing.]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Exhibit&nbsp;E<BR></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Form&nbsp;of Compliance Certificate</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt"><B><I>--or--</I></B></FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>[to
the knowledge of the undersigned, during such fiscal period the following Defaults and Events of Default exist:<SUP>1</SUP>]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as noted below, the representations and warranties of the Borrower contained in <U>Article&nbsp;V</U> of the Agreement are true and correct
in all material respects on and as of the date hereof, except (a)&nbsp;to the extent that such representations and warranties specifically
refer to an earlier date, in which case they are true and correct as of such earlier date, and (b)&nbsp;except that (i)&nbsp;the representations
and warranties contained in subsections&nbsp;(a), (b)&nbsp;and (c)&nbsp;of <U>Section&nbsp;5.05</U> refer to the most recent statements
furnished pursuant to clauses&nbsp;(a)&nbsp;and (b), respectively, of <U>Section&nbsp;6.01</U>; and (ii)&nbsp;the representations and
warranties contained in <U>Section&nbsp;5.13(a)</U>&nbsp;refer to the most recent update to <U>Schedule 5.13(a)</U>&nbsp;furnished pursuant
to <U>Section&nbsp;6.02(a)(ii)</U>, and are true and correct in all material respects as of the effective date of such update, and (iii)&nbsp;the
representations and warranties contained in the first and second sentences of <U>Section&nbsp;5.21</U> refer to the most recent update
to <U>Schedule 5.21</U> furnished pursuant to <U>Section&nbsp;6.02(a)(i)</U>, and are true and correct in all material respects as of
the effective date of such update<B>.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Exceptions:
[ ]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
financial covenant analyses and information set forth on <U>Schedule&nbsp;1</U> attached hereto are true and accurate in all material
respects as of the Financial Statement Date covered by this Certificate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
updates to <U>Schedules 5.21 and 5.13(a)</U>&nbsp;attached hereto and the list of all Projects Under Development attached hereto are
true and accurate on and as of the Financial Statement Date covered by this Certificate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><I>IN
WITNESS WHEREOF,</I> the undersigned has executed this Certificate as of _______________, _____.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><U>BORROWER</U></B>:</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></TD>
    <TD STYLE="font-size: 10pt; width: 50%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Franklin
                                            Street Properties Corp.,</B></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">a Maryland corporation</FONT></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%">Name:</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; width: 45%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Title:</TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></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-size: 10pt"><SUP>1</SUP></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Specify nature and extent thereof
and what action Borrower proposes to take with respect thereto.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Exhibit&nbsp;E<BR></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">Form&nbsp;of Compliance Certificate</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><U>SCHEDULE 1&nbsp;</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Financial Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>__________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD COLSPAN="4" STYLE="border-top: Black 1pt solid; font-size: 10pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">(in
                                            thousands, except percentages and ratios)</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD COLSPAN="2" STYLE="font-size: 10pt; white-space: nowrap"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">1.
                                            Maximum Leverage Ratio</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 40%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 20%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Total
    Indebtedness</U></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 20%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Total
    Asset Value</U></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 20%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><U>Indebtedness
                                            to</U></FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><U>Total Asset
    Value</U></FONT></P></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Not
    to exceed 60% to be increased to 65% of Total Asset Value for the fiscal quarter in which a Significant Acquisition occurs and for
    the immediately succeeding three fiscal quarters thereafter (a &ldquo;<U>Leverage Increase Period</U>&rdquo;), provided that (i)&nbsp;the
    Borrower may not elect more than two (2)&nbsp;Leverage Increase Periods during the term of the Loans and (ii)&nbsp;any such Leverage
    Increase Periods shall be non-consecutive</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Total Asset Value<SUP>2</SUP></U></FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered Asset Value (see Schedule A)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Encumbered Asset Value (see Schedule B)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unrestricted Cash</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash Equivalents</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Book value of unimproved land holdings</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Book value of construction in progress</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Carrying value of performing mortgage loans</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-indent: 6.75pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assets Held for Syndication</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-indent: 6.75pt; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-indent: 6.75pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mortgage Loan Receivable</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; text-indent: 6.75pt; font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Investment in Sponsored REITs</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 40%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 20%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%; font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Asset Value</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Total Indebtedness</U></FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revolver Loan Balance</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Term Loan Balance</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Derivative Termination Value</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Secured Debt</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other Indebtedness</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exclude Hedge Ineffectiveness</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consolidated Parties&rsquo; Equity Percentage of Indebtedness
of Unconsolidated Affiliates</FONT></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Indebtedness</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0"></P>

<P STYLE="text-indent: -0.75in; margin-left: 0.75in; text-align: justify; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"> <FONT STYLE="font-size: 10pt"><SUP>2</SUP></FONT> <FONT STYLE="font-size: 10pt">to the extent the aggregate of Investments in Projects under Development, undeveloped land holdings, Joint Venture Projects and Joint Ventures, Securities Holdings and Mortgages to non-affiliates (excluding Mortgages to Sponsored REITS) would exceed 10% of Total Asset Value, such aggregate excess shall be excluded</FONT></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%"><P STYLE="margin-top: 0; margin-bottom: 0">2. Maximum Secured Leverage Ratio</P>
                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                           <P STYLE="margin-left: 0.5in; margin-top: 0; margin-bottom: 0">Total Secured Indebtedness of the Consolidated Parties<B>&nbsp;</B></P></TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%"><B>&nbsp;</B> <B>$</B></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>Total Asset Value <B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">% of Total Secured Indebtedness over Total Asset Value</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>Maximum % of Total Secured Indebtedness not to exceed 30% of Total Asset Value &nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 0.5in; text-align: justify; text-indent: -0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.&nbsp;&nbsp;Minimum Fixed Charge Coverage Ratio</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; width: 40%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Adjusted EBITDA</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Fixed Charges</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; width: 20%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Adjusted EBITDA to</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>Fixed Charge Ratio</U></P></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Minimum 1.5:1</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD>4. Maximum Unencumbered Leverage Ratio</TD>
    <TD><B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 40%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unsecured <BR> <U>Indebtedness</U></FONT></TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered <BR>
<U>Asset Value</U></FONT></TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leverage<BR> <U>Ratio</U></FONT></TD></TR>
  <TR>
    <TD>Not to exceed 60% to be increased to 65% of Unencumbered Asset Value for the fiscal quarter in which a Significant Acquisition occurs and for the immediately succeeding three fiscal quarters thereafter, provided that (i)&nbsp;the Borrower may not elect more than two (2)&nbsp;Leverage Increase Periods during the term of the Loans and (ii)&nbsp;any such Leverage Increase Periods shall be non-consecutive.</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%">&nbsp;5. Minimum Unsecured Interest Coverage</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly <BR> <U>Unencumbered NOI</U></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Interest Expense</U></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>NOI to Interest Expense</U></FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equal to 1.75:1 or more</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.&#9;Minimum Tangible Net Worth<SUP>3</SUP></FONT></TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 20%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 20%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Assets, less:</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;Book Value of Intangible Assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;Write-up of book value subsequent to Balance Sheet
date</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;Subscriptions Receivable</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;Derivative assets</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Liabilities (excluding derivative liabilities)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Tangible Net Worth</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required Net Worth</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required as of 9/30/21 ($571,992,000)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Equity Offering after 9/30/21 (add 75% of net proceeds from
equity offerings)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Required Net Worth</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%"><P STYLE="margin-top: 0; margin-bottom: 0">7. Distributions</P>
                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                           <P STYLE="margin-top: 0; margin-bottom: 0">Actual Distributions</P>
                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                           <P STYLE="text-indent: -0.25in; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Maximum Distributions not to exceed the greater of (A)&nbsp;$0.01 per common share per fiscal quarter and (B)&nbsp;REIT Qualifying Distributions;</P></TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt"><SUP>3</SUP> Total Assets and Total Liabilities shall also exclude an asset or liability
created by Hedge Ineffectiveness and the Swap Termination Value.</FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%"><P STYLE="margin-top: 0; margin-bottom: 0">8. Maximum Secured Recourse Leverage Ratio</P>
                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                           <P STYLE="text-indent: -0.25in; margin-left: 0.25in; margin-top: 0; margin-bottom: 0">Total Secured Indebtedness of the Consolidated Parties that is Recourse Indebtedness <B>&nbsp;</B></P></TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%"><B>&nbsp;</B> <B>&nbsp;</B></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>Total Asset Value <B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">% of Total Secured Indebtedness that is Recourse Indebtedness over Total Asset Value</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>Maximum % of Secured Recourse Indebtedness not to exceed 1% of Total Asset Value &nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Financial Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>__________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Schedule A</B></FONT></TD>
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; width: 20%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt"><B>Unencumbered Asset Value</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Date</U></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Cap Rate</U></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Unencumbered Asset <BR> Value</U></FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly NOI</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;$&nbsp;&nbsp;___________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5% <SUP>4</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annual NOI</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;$&nbsp;&nbsp;___________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5% <SUP>3</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquisition costs of new properties (for first 4 quarters)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 2.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered Asset Value</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></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"><FONT STYLE="font-size: 10pt"><SUP>4</SUP> 6.75% for CBD or Urban
Infill Property/7.5% for Suburban Property&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Schedule B&#9;</B></FONT></TD>
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 20%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">Encumbered Asset Value</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Date</U></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cap Rate</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><U>Encumbered</U></FONT> <FONT STYLE="font-size: 10pt"><U><BR>
Asset Value</U></FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quarterly NOI</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;$&nbsp;&nbsp;___________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5% <SUP>5</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Annual NOI</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;$&nbsp;&nbsp;___________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">x 4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5% <SUP>4</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquisition costs of new properties (for first 4 quarters)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Encumbered Asset Value</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$ </FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;<SUP>5</SUP> 6.75% for CBD or
Urban Infill Property/7.5% for Suburban Property</FONT></P>

<P STYLE="font: 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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Consolidated Balance Sheets</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Audited/Unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>__________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">[To be inserted]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></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"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Consolidated Statement of Income</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Audited/Unaudited)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>__________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 54%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EBITDA</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 25%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 21%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net
    Income</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-recurring/Extraordinary
    /GOS/Acq Cost</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interest
    including deferred financing costs</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxes</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation&nbsp;&amp;
    Amortization</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amortization
    of leases (in revenue)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pro
    Rata Share Unconsolidated Affiliates</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Hedge
    ineffectiveness</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">EBITDA</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Capital
    Item allowance ($.30 sf/year)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">_______________</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjusted
    EBITDA</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-underline-style: double">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Financial Covenants</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Quarterly Debt
Service<BR>
_________________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 28%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Interest
    Expense</B></FONT></TD>
    <TD STYLE="font-size: 10pt; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 19%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 31%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Property NOI<BR>
_________________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; width: 30%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; width: 10%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; width: 10%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; width: 10%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center; width: 13%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: right; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Actual</FONT></TD>
    <TD STYLE="font-size: 10pt; width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cost</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q_
    NOI</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Name</U></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>City</U></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>State</U></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>S.F.</U></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Most
    Recent FQ</U></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Most
    Recent FQ</U></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Unencumbered
    NOI</B></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Property NOI for the quarter</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Capital Item allowance ($.30 sf/year, including acquisitions)</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: NOI from assets sold and projects under development</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustment for management fees to 3%</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subtotal
    before gross-up of partial quarter acquisitions</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gross
    up for current quarter</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Property
    NOI for the quarter</B></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: New acquisitions (if less than 4 quarters)</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: Capital Item allowance ($.30 sf/year, including acquisitions)</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less: NOI from assets sold and projects under development</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustment for management fees to 3%</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOI for Unencumbered Asset Value calculation</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-top: Black 1pt solid; border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cap rate per loan agreement</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.75%/7.5%<SUP>6</SUP></FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Value
    of the Properties:</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Calculated
    above</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquisitions
    at cost</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unencumbered
    Asset Value</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Encumbered
    NOI</B></FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt">
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&#9;NOI is net of actual management fees paid, adjustment
is to (increase)/decrease fees to 3% level</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: right; font-size: 10pt; white-space: nowrap; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><SUP>6</SUP> 6.75% for CBD or Urban
Infill Property/7.5% for Suburban Property&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.<BR>
Management Fee Calculation<SUP>7</SUP><BR>
_________________ [Date]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 32%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 17%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 17%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9
    Months</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 17%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6
    Months</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 17%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3
    Months</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Calculation:</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total rental revenue for 10-Q/10-K</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Excluded
    revenues:</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Termination Fees</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amort - Favorable lease</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lease Induce/Rent reduct</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FASB
    13 Revenue</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management fee&nbsp;&amp; interest income</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Revenue
                                            from sold properties</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Total excluded revenues</FONT></P></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gross
    revenues </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3%
    of Gross Revenues </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less Actual management fees charged:</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adjustment
    required</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-size: 10pt; white-space: nowrap; border-bottom: Black 2.25pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-size: 10pt; white-space: nowrap; border-bottom: Black 2.25pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-size: 10pt; white-space: nowrap; border-bottom: Black 2.25pt double"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;$&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt"><SUP>7</SUP> To
be adjusted as appropriate to determine management fees for the quarter.&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Franklin Street
Properties Corp.&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>REIT Qualifying
Distributions</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">__________, 20__</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 67%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 6%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 6%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 6%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; width: 4%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; width: 11%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
    YTD </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
Income for REIT test </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less Gain
on Sale of Real Estate </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less SAR
Return of Capital - Gain </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Taxable
Expenses (Operating Estimate ) </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Section&nbsp;1231
Loss Recapture&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other
Tax to Book Diff {Positive = income,&nbsp;&nbsp;( ) = expense} </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Depreciation
Expense (based on estimate) </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Estimated
Taxable Income </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q1
</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q2
    </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q3
</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Q4
</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total
YTD </FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Actual
    Distributions </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less
    Estimated Taxable Income (positive number is Tax Loss) </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Less Capital
Gain Distribution Needed </FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Positive
                                            is distribution Coverage and Negative is</FONT></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Special Distribution
    Needed</FONT></P></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.25pt double; font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><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-family: Times New Roman, Times, Serif; font-size: 10pt">Amount
    of Special Distribution, Sec 857 Dividend or Sec 858 Election needed</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; white-space: nowrap"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021q4/dei-2021q4.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
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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:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
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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:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>fsp-20230210_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
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<TYPE>XML
<SEQUENCE>7
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<DESCRIPTION>IDEA: XBRL DOCUMENT
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<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">
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<span style="display: none;">v3.22.4</span><table class="report" border="0" cellspacing="2" id="idm140176465085776">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Feb. 10, 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">Feb. 10,  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">001-32470<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">Franklin
Street Properties Corp.<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">0001031316<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">04-3578653<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">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">401 Edgewater Place<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 200<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Wakefield<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">MA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">01880<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">781<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">557-1300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $.0001 par value per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">FSP<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSEAMER<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</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_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<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>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
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<td>dei:securityTitleItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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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>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
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<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
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<td>na</td>
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<td>duration</td>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
