Common use of BORROWERS Clause in Contracts

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ARCHITECTURAL GRANITE & MARBLE, LLC By: /s/ ▇Name: Title: Address: c/o Trive Capital ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ , Suite 1200 Dallas, TX 75201 Attn: Telecopy: PENTAL GRANITE & MARBLE, LLC By: Name: Title: Address: [__________________________________] [__________________________________] [__________________________________] Attn: Telecopy: AGENT: CERBERUS BUSINESS FINANCE, LLC By: Name: Title: Address: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ NameAttn: ▇▇▇▇▇▇ ▇▇▇▇ Telecopy: LENDERS: CERBERUS LEVERED LOAN OPPORTUNITIES FUND III, L.P. By: Cerberus Levered Opportunities III GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS NJ CREDIT OPPORTUNITIES FUND, L.P. By: Cerberus NJ Credit Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS ASRS HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS KRS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus KRS Levered Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS PSERS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus PSERS Levered Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS FSBA HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS ND CREDIT HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS OFFSHORE LEVERED III LP By: COL III GP Inc. Its: General Partner By: ______________________________ Name: Title: CERBERUS REDWOOD LEVERED LOAN OPPORTUNITIES FUND B, L.P. By: Cerberus Redwood Levered Opportunities GP B, LLC Its: General Partner By:_______________________________________ Name: Title: CERBERUS ICQ OFFSHORE LEVERED LP By: Cerberus ICQ Offshore GP LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ONSHORE LEVERED III LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XX L.P. By: Cerberus LFGP XX, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS REDWOOD LEVERED A LLC By: ______________________________ Name: Title: CERBERUS AUS LEVERED II LP By: ▇▇▇ ▇▇ GP, LLC Its: General Partner By: ______________________________ Name: Title: Authorized Signatory Third Amendment CERBERUS REDWOOD LEVERED B LLC By: ______________________________ Name: Title: CERBERUS ICQ LEVERED LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XIX L.P. By: Cerberus LFGP XIX, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus ICQ Levered Opportunities GP, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS FSBA LEVERED LLC By: ______________________________ Name: Title: CERBERUS SWC LEVERED II LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XVI LP By: Cerberus PSERS GP, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XVIII L.P. By: Cerberus LFGP XVIII, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ASRS FUNDING LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XXI L.P. By: Cerberus LFGP XXI, LLC Its: General Partner By: ______________________________ Name: Title: SCHEDULE 2.1 to Credit Financing Agreement Dated as of February 3, 2016,COMMITMENTS OF LENDERS1 1 Updated schedule attached to the Fifth Amendment

BORROWERS. OSMOTICA PHARMACEUTICAL CORPIMPORTS (U.S.), INC. By:___________________________________ Name: /s/ Charles H. Turner Title: Executive Vice ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇O FACILITY GUARANTORS: PIER 1 IMPORTS, INC. By:____________________________________ Name: Charles H. Turner Title: Executive Vice ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇nd Treasurer PIER 1 ASSETS, INC. By:____________________________________ Name: Charles H. Turner Title: Executive Vice ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇nd Treasurer PIER 1 LICENSING, INC. By:____________________________________ Name: Charles H. Turner Title: Executive Vice ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇O PIER 1 HOLDINGS, INC. By:____________________________________ Name: Charles H. Turner Title: Executive Vic▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇FO PIER 1 SERVICES COMPANY, a Delaware statutory trust By: Pier 1 Holdings, Inc., Managing Trustee By:_________________________________ Name: Charles H. Turner Title: Executive Vice ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I ▇▇▇ ▇▇O PIER 1 VALUE SERVICES, LLC By: /s/ Pier 1 Imports (U.S.), Inc., its sole member and manager By:____________________________________ Name: Charles H. Turner Title: Executive Vice ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇O BANK OF AMERICA, N.A. As Administrative Agent, as Collateral Agent, as Swingline Lender, and as Lender By:____________________________________ Name: Stephen J. Garvin Title: Managing D▇▇▇▇▇▇▇ TitleAddress: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ 40 Broad Street, 10th Floor Boston, ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Telephone: (617) ▇▇▇-▇▇▇▇ NameTelecopy: ▇▇(617) 434-▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANYWELLS FARGO RETAIL FINANCE, LLC, As Syndication Agent and as a Departing Lender By:_________________________________ Name:______________________________ Title:_______________________________ Address: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ NameOne Boston Place, 18th fl Boston MA 02108 Telephone: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ TitleTelecopy: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLCJPMORGAN CHASE BANK, N.A., As Documentation Agent and as a Departing Lender By:_________________________________ Name:______________________________ Title:_______________________________ Address: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ NameTelephone: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ TitleTelecopy: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANKGENERAL ELECTRIC CAPITAL CORPORATION, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,As Lender

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. BRIDGEPOINT PROPERTY TRUST, a Maryland real estate investment trust By: /s/ ▇▇▇▇▇ ▇▇John A. Mannix Name: John A. Mannix Title: President CEDARS LA LLC a Delaware limited liability company By: /s/ John A. Mannix Name: John A. Mannix Title: President HERALD SQUARE LLC a Delaware limited liability company By: /s/ John A. Mannix Name: John A. Mannix Title: President INDIANA AVENUE LLC a Delaware limited liability company By: /s/ John A. Mannix Name: John A. Mannix Title: President LAKEWOOD PROPERTY TRUST a Maryland real estate investment trust By: /s/ John A. Mannix Name: John A. Mannix Title: President 1600 MARKET STREET PROPERTY TRUST a Ma▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent investment trust By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ John A. Mannix Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ John A. Mannix Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANKMEMBER: ------ SP HOLDING PROPERTY TRUST, as a Lender and Co-Syndication Agent Maryland real estate investment trust By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ John A. Mannix Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ John A. Mannix Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICESGUARANTOR: ---------- HUB REALTY COLLEGE PARK I, LLC a Maryland limited liability company By: Hub Management, Inc. Its Manager By: /s/ John A. Mannix Name: John A. Mannix Title: MERRILL LYNCH MORTGAGE LENDING, INC., as a Departing Lender Delaware corporation By: /s/ ▇▇▇▇▇ ▇▇▇▇ Andrea Balkam Name: ▇▇▇▇▇ ▇▇▇▇ Andrea Balkam Title: Vice President BySTATE OF NEW YORK ) ) SS: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ NameCOUNTY OF NEW YORK ) On this ______ day of December, 2000, before me appeared __________________, to me personally known, or satisfactorily proven to be the person whose name is subscribed to the foregoing as ___________________ of ___________________, for the purposes therein set forth, and that the same is its act and deed. ____________________________________ Name of Notary: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Notary Public My Commission expires:______________ LIST OF EXHIBITS AND SCHEDULES Exhibits Exhibit A - Properties Exhibit B - Ground Leases; Ground Leased Properties Exhibit C - Allocated Loan Amounts Exhibit D - Form of Subordination, Non-Disturbance and Attornment Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as List of February 3, 2016,Exhibits & Schedules EXHIBIT A

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ABBOTT PRIVATE EQUITY INVESTORS 2019 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-Abbott Private Equity Investors G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY INVESTORS 2020 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-Abbott Private Equity Investors 2020 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY SOLUTIONS 2021 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-Abbott Private Equity Solutions 2021 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGSVP/Vice President and Treasurer of AB-PCI AB PRIVATE CREDIT INVESTORS MIDDLE MARKET DIRECT LENDING FUND, INC. L.P., a Delaware limited partnership By: AB Private Credit Investors Middle Market Direct Lending G.P. L.P., a Delaware limited partnership, its General Partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC VP/Vice President and Treasurer of AB-PCI AB PRIVATE CREDIT INVESTORS CORPORATION, a Maryland corporation By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY SOLUTIONS 2022 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-Abbott Private Equity Solutions 2022 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY SOLUTIONS 2023 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-Abbott Private Equity Solutions 2023 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY INVESTORS G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY INVESTORS 2020 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY SOLUTIONS 2021 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB PRIVATE CREDIT INVESTORS MIDDLE MARKET DIRECT LENDING G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY SOLUTIONS 2022 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-ABBOTT PRIVATE EQUITY SOLUTIONS 2023 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI as Administrative Agent By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director Vice President HSBC BANK USA, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGSCATHAY BANK, LLC as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANKSenior Vice President BANKUNITED, N.A., as Administrative Agent and Swingline the Exiting Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to SVP ANNEX A TO EIGHTHNINTH AMENDMENT (Conformed Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Cothrough EIGHTHNinth Amendment) AB-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, ABBOTT PRIVATE EQUITY INVESTORS 2019 (DELAWARE) FUND L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016AB-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, ABBOTT PRIVATE EQUITY INVESTORS G.P. L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. GRANT PRIDECO, LP, individually, as a Borrower and as US Funds Administrator By: /s/ Reed-Hycalog, LLC, its general partner By: ----------------------------------------- Philip A. Choyce Title: Vice Pres▇▇▇▇▇ XL SYSTEMS, L.P., By: Grant Prideco Holding, LLC, its general partner By: ----------------------------------------- Philip A. Choyce Title: Vice Pres▇▇▇▇▇ TEXAS ARAI, INC., By: ----------------------------------------- Philip A. Choyce Title: Vice Pres▇▇▇▇▇ TUBE-ALLOY CORPORATION, By: ----------------------------------------- Philip A. Choyce Title: Vice Pres▇▇▇▇▇ STAR OPERATING COMPANY, By: ----------------------------------------- Philip A. Choyce Title: Vice Pres▇▇▇▇▇ REED-HYCALOG OPERATING, L.P., By: ▇▇▇nt Prideco Holding, LLC, its general partner By: ----------------------------------------- Philip A. Choyce Title: Vice Pres▇▇▇▇▇ GRANT PRIDECO CANADA LTD., individually, as a Borrower and as Canadian Funds Administrator By: ----------------------------------------- Title: -------------------------------------- GUARANTOR: GRANT PRIDECO, INC., By: ----------------------------------------- Title: -------------------------------------- AGENT: DEUTSCHE BANK TRUST COMPANY AMERICAS, as Agent By: ----------------------------------------- Title: -------------------------------------- CANADIAN AGENT: DEUTSCHE BANK AG, CANADA BRANCH, as Canadian Agent By: ----------------------------------------- Title: -------------------------------------- S-2 DOCUMENTATION AGENT: TRANSAMERICA BUSINESS CAPITAL CORPORATION By: ----------------------------------------- Title: -------------------------------------- CO-SYNDICATION AGENTS: JPMORGAN CHASE BANK By: ----------------------------------------- Title: -------------------------------------- MERRILL LYNCH CAPITAL, A DIVISION ▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇I▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ NCH BUSINESS FINANCIAL S▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name. By: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ----------------------------------------- Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger -------------------------------------- LENDERS: DEUTSCHE BANK TRUST COMPANY AMERICAS By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ----------------------------------------- Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK-------------------------------------- DEUTSCHE BANK AG, as a Lender, Issuing Bank and Joint Lead Arranger CANADA BRANCH By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ ----------------------------------------- Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY -------------------------------------- SCHEDULE A TO CREDIT AGREEMENT DATED AS OF THE BANK OF IRELANDDECEMBER 19, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,2002 CLOSING DOCUMENT LIST

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ARC HOSPITALITY PORTFOLIO II OWNER, LLC, a Delaware limited liability company By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANKAuthorized Signatory ARC HOSPITALITY PORTFOLIO II TRS, as LLC, a Lender and Co-Syndication Agent Delaware limited liability company By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANYARC HOSPITALITY PORTFOLIO II MISC TRS, as LLC, a Departing Lender Delaware limited liability company By: /s/ ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing ARC HOSPITALITY PORTFOLIO II HIL TRS, LLC, as a Departing Lender Delaware limited liability company By: /s/ ▇P▇▇▇ ▇▇▇▇▇. ▇▇▇▇▇▇ Name: ▇P▇▇▇ ▇▇▇▇▇. ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANKARC HOSPITALITY STRATFORD, as LLC, a Departing Lender Delaware limited liability company By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING ARC HOSPITALITY TRS STRATFORD, LLC, as a Decreasing Lender Delaware limited liability company By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ARC HOSPITALITY PORTFOLIO II NTC OWNER, LP, a Delaware limited partnership By: ARC Hospitality Portfolio II NTC Owner GP, LLC, its general partner By: /s/ P▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ . ▇▇▇▇▇▇ Name: ▇▇▇P▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3ARC HOSPITALITY PORTFOLIO II NTC HIL TRS, 2016,LP, a Delaware limited partnership By: ARC Hospitality Portfolio II NTC TRS GP, LLC, its general partner By: /s/ P▇▇▇ ▇. ▇▇▇▇▇▇ Name: P▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Signatory ARC HOSPITALITY PORTFOLIO II NTC TRS, LP, a Delaware limited partnership By: ARC Hospitality Portfolio II NTC TRS GP, LLC, its general partner By: /s/ P▇▇▇ ▇. ▇▇▇▇▇▇ Name: P▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Signatory

BORROWERS. OSMOTICA PHARMACEUTICAL CORPCHOICE ONE COMMUNICATIONS OF NEW YORK INC. CHOICE ONE COMMUNICATIONS OF PENNSYLVANIA INC. CHOICE ONE COMMUNICATIONS OF MASSACHUSETTS INC. CHOICE ONE COMMUNICATIONS INTERNATIONAL INC. CHOICE ONE COMMUNICATIONS OF RHODE ISLAND INC. CHOICE ONE COMMUNICATIONS OF CONNECTICUT INC. CHOICE ONE COMMUNICATIONS OF MAINE INC. CHOICE ONE OF NEW HAMPSHIRE INC. CHOICE ONE COMMUNICATIONS OF OHIO INC. CHOICE ONE COMMUNICATIONS OF VERMONT INC. CHOICE ONE ONLINE INC. CHOICE ONE COMMUNICATIONS OF VIRGINIA INC. CHOICE ONE COMMUNICATIONS SERVICES INC. US XCHANGE INC. US XCHANGE OF INDIANA, L.L.C. US XCHANGE OF ILLINOIS, L.L.C. US XCHANGE OF WISCONSIN, L.L.C. US XCHANGE OF MICHIGAN, L.L.C. By /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ -------------------------- Name: Title: Chief Financial Officer for each of the entities set forth above GUARANTOR: CHOICE ONE COMMUNICATIONS INC. By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ -------------------------- Name: Title: Chief Financial Officer GENERAL ELECTRIC CAPITAL CORPORATION, as Administrative Agent, Collateral Agent, Syndication Agent and Lender By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ -------------------------------------------------- Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Senior Vice President, Authorized Signatory ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ SENIOR FUNDING, INC., as Documentation Agent and Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Vice President Bank of America, N.A., as Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Assistant Vice President BEAR ▇▇▇▇▇▇▇ INVESTMENT PRODUCTS INC., as Lender By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: Vice President CARGILL FINANCIAL SERVICES INTERNATIONAL, INC., as Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Portfolio Manager By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Controller CREDIT SUISSE FIRST BOSTON INTERNATIONAL, as Lender By: /s/ ------------------------------------------- Name: Title: DEUTSCHE BANK AND TRUST COMPANY AMERICAS, as Lender By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Assistant Vice President FIDELITY ADVISORS SERIES II: FIDELITY ADVISORS HIGH INCOME ADVANTAGE (218), as Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇ Title: Asst Treasurer Persian Investment Committee of General Motors for General Motors Employees Domestic Group Pension Trust By: Fidelity Management Trust Company, as Investment Manager under Power of Attorney By: /s/ ▇▇▇▇ ▇. ▇'▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇ ▇. ▇'▇▇▇▇▇▇ Title: Executive Officer ORBIT BLOCKER I Vice President ▇▇▇▇▇▇▇ SACHS CREDIT PARTNERS, L.P., as Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇ CAPITAL, L.P. P&S Capital Partners, LLC By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: CFO LITESPEED MASTER FUND LTD By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC Managing Partner ▇▇▇▇▇▇▇ ▇▇▇▇▇ CREDIT PRODUCTS, LLC, as Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President ORE HILL HUB FUND, LTD, as Lender By: /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ------------------------------------------- Name: Title: QUANTUM PARTNERS LDC, as Lender By: /s/ ▇▇▇▇▇▇▇ Belly ------------------------------------------- Name: ▇▇▇▇▇▇▇ Belly Title: Attorney-in-fact SATELLITE SENIOR INCOME FUND, LLC, as Lender By: Satellite Asset Management, L.P., its manager By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANKGeneral Counsel ▇▇▇▇▇▇▇ CAPITAL MANAGEMENT, N.A.▇▇ ▇▇, as a Lender and Joint Lead Arranger By: S&F Partners, LP its: general partner ▇▇▇▇▇▇▇, Inc. its: general partner By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ President of ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, Inc. STRATEGIC VALUE MASTER FUND, LTD, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President TRIAGE CAPITAL MANAGEMENT, LP, as Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANKPartner VARDE PARTNERS, INC., as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIPManaging Partner WAYLAND DISTRESSED OPPORTUNITIES FUND I-B, L.P.LLC., as a Departing Lender By: Wayzata Investment Partners, LLC its Manager By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANYWAYLAND DISTRESSED OPPORTUNITIES FUND I-C, LLC., as a Departing Lender By: Wayzata Investment Partners, LLC its Manager By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ------------------------------------------- Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3August 30, 2016,2004

BORROWERS. OSMOTICA PHARMACEUTICAL CORPTHE LTV CORPORATION By: _________________________________ Name: Title: VP BUILDINGS, INC. By: /s/ _________________________________ Name: Title: COPPERWELD CORPORATION By: _________________________________ Name: Title: LTV STEEL COMPANY, INC. By: _________________________________ Name: Title: GEORGIA TUBING CORPORATION By: _________________________________ Name: Title: 103 GUARANTORS: ---------- COPPERWELD BIMETALLIC PRODUCTS COMPANY COPPERWELD EQUIPMENT COMPANY COPPERWELD MARKETING & SALES COMPANY COPPERWELD TUBING PRODUCTS COMPANY CRYSTALANE, INC. DEARBORN LEASING COMPANY ERIE B CORPORATION ERIE I CORPORATION FOX TRAIL, INC. INVESTMENT BANKERS, INC. J&L EMPIRE, INC. JALCITE I, INC. JALCITE II, INC. JONE▇ & ▇AUG▇▇▇▇ ▇▇▇EL INCORPORATED LTV BLANKING CORPORATION LTV ELECTRO-GALVANIZING, INC. LTV INTERNATIONAL, INC. LTV PICKLE, INC. LTV PROPERTIES, INC. LTV STEEL MINING COMPANY LTV STEEL DE MEXICO, LTD. LTV-COLUMBUS PROCESSING, INC. LTV-EGL HOLDING COMPANY LTV-ESCROW, INC. LTV-TRICO HOLDING, INC. LTV-TRICO, INC. LTV-WALB▇▇▇▇▇, ▇▇C. LTVGT, INC. METALLON MATERIALS ACQUISITION CORPORATION MIAMI ACQUISITION CORPORATION NEMACOLIN MINES CORPORATION REOMAR, INC. REPUBLIC TECHNOLOGY CORPORATION SOUTHERN CROSS INVESTMENT COMPANY TAC ACQUISITION CORPORATION THE LTV CORPORATION (A WYOMING CORPORATION) TRICO STEEL COMPANY, INC. UNITED PANEL, INC. VARCO PRUD▇▇ ▇▇▇ERNATIONAL, INC. VP-GRAH▇▇, ▇▇C. WELDED TUBE CO. OF AMERICA WELDED TUBE HOLDINGS, INC. YOUNGSTOWN ERIE CORPORATION YST ERIE CORPORATION By: _________________________________ Name: Title: 104 AGENTS AND LENDERS: COLLATERAL AGENT AND LENDER: --------------------------- ABLECO FINANCE LLC By: _________________________________ Name: Title: ADMINISTRATIVE AGENT AND LENDER: ------------------------------- THE CIT GROUP/BUSINESS CREDIT, INC. By: _________________________________ Name: Title: SYNDICATION AGENT AND LENDER: ---------------------------- ABBEY NATIONAL TREASURY SERVICES plc By: _________________________________ Name: Title: LENDERS: ------- BANK OF AMERICA, N.A. By: _________________________________ Name: Title: THE CHASE MANHATTAN BANK By: _________________________________ Name: Title: CREDIT AGRICOLE INDOSUEZ By: _________________________________ Name: Title: DK ACQUISITION PARTNERS, L.P. By: _________________________________ Name: Title: 105 SCHEDULE 1.01(A) ---------------- GUARANTORS ---------- Copperweld Bimetallic Products Company Copperweld Equipment Company Copperweld Marketing & Sales Company Copperweld Tubing Products Company Crystalane, Inc. Dearborn Leasing Company Erie B Corporation Erie I Corporation Fox Trail, Inc. Investment Bankers, Inc. J&L Empire, Inc. Jalcite I, Inc. Jalcite II, Inc. Jone▇ & ▇aug▇▇▇▇ ▇▇▇el Incorporated LTV Blanking Corporation LTV Electro-Galvanizing, Inc. LTV International, Inc. LTV Pickle, Inc. LTV Properties, Inc. LTV Steel Mining Company LTV Steel de Mexico, Ltd. LTV-Columbus Processing, Inc. LTV-EGL Holding Company LTV-Escrow, Inc. LTV-Trico Holding, Inc. LTV-Trico, Inc. LTV-Walb▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇, ▇▇▇c. LTVGT, Inc. Metallon Materials Acquisition Corporation Miami Acquisition Corporation Nemacolin Mines Corporation Reomar, Inc. Republic Technology Corporation Southern Cross Investment Company TAC Acquisition Corporation The LTV Corporation (A Wyoming Corporation) Trico Steel Company, Inc. United Panel, Inc. Varco Prud▇▇ ▇▇▇ernational, Inc. VP-Grah▇▇, ▇▇▇ Namec. Welded Tube Co. of America Welded Tube Holdings, Inc. Youngstown Erie Corporation YST Erie Corporation 106 SCHEDULE 1.01(B) LENDERS AND LENDERS' COMMITMENTS -------------------------------- Revolving Credit Term Loan Total Lenders Commitment Commitment Commitment ------- ---------------- ---------- ---------- Ableco Finance LLC $1,600,000 $35,000,000 $36,600,000 The CIT Group/Business Credit, Inc. $25,000,000 $0 $25,000,000 Abbey National Treasury Services plc $20,000,000 $0 $20,000,000 Bank of America, N.A. $4,300,000 $0 $4,300,000 The Chase Manhattan Bank $4,800,000 $0 $4,800,000 Credit Agricole Indosuez $5,000,000 $0 $5,000,000 DK Acquisition Partners, L.P. $4,300,000 $0 $4,300,000 ----------- ----------- ------------ TOTAL: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,$65,000,000 $35,000,000 $100,000,000 =========== =========== ============ 107 SCHEDULE 3.01(a) EXCLUDED ASSETS ---------------

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. WABASH NATIONAL CORPORATION By: /s/ ________________________________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇. Black Its Vice President and Treasurer WABASH NATIONAL, L.P. By________________________________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC ▇. Black Its Vice President and Treasurer WNC CLOUD MERGER SUB, INC. By: /s/ ________________________________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇. Black Its Authorized Representative FTSI DISTRIBUTION COMPANY, L.P. By________________________________________ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇. Black Its Authorized Representative [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] FLEET CAPITAL CORPORATION, as Agent and as a Lender By_________________________________________ Title______________________________________ Revolving Loan Commitment: Chief Executive Officer ORBIT BLOCKER II LLC By$39,396,668.16 Term Loan Commitment: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS$10,603,331.84 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] NATIONAL CITY COMMERCIAL FINANCE, INC. ., as Syndication Agent and as a Lender By_________________________________________ Title______________________________________ Revolving Loan Commitment: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name$29,941,467.81 Term Loan Commitment: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ $8,058,532.19 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] GENERAL ELECTRIC CAPITAL CORPORATION, as a Documentation Agent and as a Lender By________________________________________ Title_____________________________________ Revolving Loan Commitment: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By$27,577,667.72 Term Loan Commitment: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT $7,422,332,28 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] WACHOVIA BANK, N.A.NATIONAL ASSOCIATION, as Administrative a Documentation Agent and Swingline as a Lender By_________________________________________ Title______________________________________ Revolving Loan Commitment: /s/ $27,577,677.72 Term Loan Commitment: $7,422,332.28 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: CAPITAL, a Division of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Business Financial Services, Inc. as a Lender By____________________________________________ Title_________________________________________ Revolving Loan Commitment: Director CIT $18,201,260.69 Term Loan Commitment: $4,898,739.31 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] WASHINGTON MUTUAL BANK, N.A., as a Lender and Joint Lead Arranger By_________________________________________ Title______________________________________ Revolving Loan Commitment: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name$8,667,267.00 Term Loan Commitment: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement $2,332,733.00 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger Lender By_________________________________________ Title______________________________________ Revolving Loan Commitment: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name$11,819,000.45 Term Loan Commitment: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR $3,180,999.55 [SIGNATURE PAGES TO WABASH - LOAN AND COMPANY OF THE SECURITY AGREEMENT] LASALLE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANKNATIONAL ASSOCIATION, as a Lender By_________________________________________ Title______________________________________ Revolving Loan Commitment: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name$11,819,000.45 Term Loan Commitment: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit $3,180,999.55 [SIGNATURE PAGES TO WABASH - LOAN AND SECURITY AGREEMENT] APPENDIX A GENERAL DEFINITIONS When used in the Loan and Security Agreement CITIZENS dated as of September 23, 2003, by and among FLEET CAPITAL CORPORATION, individually as a Lender and as Agent for Lenders, NATIONAL CITY COMMERCIAL FINANCE, INC., individually as a Lender and as Syndication Agent for Lenders, GENERAL ELECTRIC CAPITAL CORPORATION, as a Documentation Agent and as a Lender, WACHOVIA BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, Documentation Agent and as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDERLender, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICESFLEET SECURITIES, INC., as Arranger, the other financial institutions which are or become parties thereto as Lenders and WABASH NATIONAL CORPORATION AND EACH SUBSIDIARY OF WABASH NATIONAL CORPORATION IDENTIFIED ON THE SIGNATURES PAGES THERETO AS A BORROWER, (a) the terms Account, Certificated Security, Chattel Paper, Commercial Tort Claims, Deposit Account, Document, Electronic Chattel Paper, Equipment, Financial Asset, Fixture, General Intangibles, Goods, Instruments, Inventory, Investment Property, Letter-of-Credit Rights, Payment Intangibles, Proceeds, Security Entitlement, Software, Supporting Obligations, Tangible Chattel Paper and Uncertificated Security have the respective meanings assigned thereto under the UCC; (b) all terms reflecting Collateral having the meanings assigned thereto under the UCC shall be deemed to mean such Property, whether now owned or hereafter created or acquired by a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment Borrower or in which such Borrower now has or hereafter acquires any interest; (c) capitalized terms which are not otherwise defined have the respective meanings assigned thereto in said Loan and Security Agreement; and (d) the following terms shall have the following meanings (terms defined in the singular to Credit have the same meaning when used in the plural and vice versa): Account Debtor - any Person who is or may become obligated under or on account of any Account, Contract Right, Chattel Paper or General Intangible. Affiliate - a Person (other than a Subsidiary): (i) which directly or indirectly through one or more intermediaries controls, or is controlled by, or is under common control with, a Person; (ii) which beneficially owns or holds 5% or more of any class of the Voting Stock of a Person; or (iii) 5% or more of the Voting Stock (or in the case of a Person which is not a corporation, 5% or more of the equity interest) of which is beneficially owned or held by a Person or a Subsidiary of a Person. Agent - Fleet Capital Corporation in its capacity as agent for the Lenders under the Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment and any successor in that capacity appointed pursuant to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as Section 11.11 of February 3, 2016,the Agreement.

BORROWERS. OSMOTICA PHARMACEUTICAL CORPCHOICE ONE COMMUNICATIONS OF NEW YORK INC. CHOICE ONE COMMUNICATIONS OF PENNSYLVANIA INC. CHOICE ONE COMMUNICATIONS OF MASSACHUSETTS INC. CHOICE ONE COMMUNICATIONS INTERNATIONAL INC. CHOICE ONE COMMUNICATIONS OF RHODE ISLAND INC. CHOICE ONE COMMUNICATIONS OF CONNECTICUT INC. CHOICE ONE COMMUNICATIONS OF MAINE INC. CHOICE ONE OF NEW HAMPSHIRE INC. CHOICE ONE COMMUNICATIONS OF OHIO INC. CHOICE ONE COMMUNICATIONS OF VERMONT INC. CHOICE ONE ONLINE INC. CHOICE ONE COMMUNICATIONS OF VIRGINIA INC. CHOICE ONE COMMUNICATIONS SERVICES INC. US XCHANGE INC. US XCHANGE OF INDIANA, L.L.C. US XCHANGE OF ILLINOIS, L.L.C. US XCHANGE OF WISCONSIN, L.L.C. US XCHANGE OF MICHIGAN, L.L.C. By: /s/ A▇▇▇ ▇▇▇▇▇▇▇▇▇ --------------------------- Name: A▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: CFO for each of the entities set forth above GUARANTOR: CHOICE ONE COMMUNICATIONS INC. By: /s/ A▇▇▇ ▇▇▇▇▇▇▇▇▇ --------------------------- Name: A▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: CFO GENERAL ELECTRIC CAPITAL CORPORATION, as Administrative Agent, Collateral Agent, Syndication Agent and Lender By: /s/ R▇▇▇▇▇ Stefanowki --------------------------- Name: R▇▇▇▇▇ Stefanowki Title: Duly Authorized Assignee BANK OF AMERICA, N.A., as Lender By: /s/ S▇▇ ▇▇▇▇▇▇▇ --------------------------- Name: S▇▇ ▇▇▇▇▇▇▇ Title: AVP C▇▇▇▇▇▇ FINANCIAL SERVICES INTERNATIONAL INC., as Lender By: /s/ K▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------- Name: ▇K▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC Controller By: /s/ ▇▇M▇▇▇ ▇▇▇▇▇▇▇▇▇ --------------------------- Name: ▇▇M▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A.Portfolio Manager CREDIT SUISSE FIRST BOSTON, as Administrative Agent and Swingline Lender By: /s/ ▇▇J▇▇▇▇▇ ▇▇▇▇▇▇▇ --------------------------- Name: J▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND DEUTSCHE BANK TRUST COMPANY OF THE BANK OF IRELANDAMERICAS, as a Lender and Co-Syndication Agent By: DB Services New Jersey, Inc. By: /s/ J▇▇▇ ▇▇▇▇▇▇▇ --------------------------- Name: J▇▇▇ ▇▇▇▇▇▇▇ Title: Director FERNWOOD ASSOCIATES, L.P., as Lender By: /s/ T▇▇▇▇▇ ▇. ▇▇▇▇▇▇ --------------------------- Name: T▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: General Partner M▇▇▇▇▇▇ L▇▇▇▇ CREDIT PRODUCTS, LLC, as Lender By: /s/ M▇▇▇▇▇▇ ▇▇▇ --------------------------- Name: M▇▇▇▇▇▇ ▇▇▇ Title: Vice President By: --------------------------- Name: Title: M▇▇▇▇▇ S▇▇▇▇▇▇ SENIOR FUNDING, INC., as Documentation Agent and Lender By: /s/ I▇▇ ▇▇▇▇▇▇▇ --------------------------- Name: I▇▇ ▇▇▇▇▇▇▇ Title: Vice President QUANTUM PARTNERSHIP, as Lender By: /s/ R▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. ----------------------------- Name: R▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇. Title: Attorney-in-Fact S▇▇▇▇▇▇ CAPITAL MANAGEMENT, L▇ ▇▇, as Lender By: /s/ C▇▇▇▇ ▇▇▇▇▇▇ ----------------------------- Name: C▇▇▇▇ ▇▇▇▇▇▇ Title: President STRATEGIC VALUE MASTER FUND, LTD, as Lender By: Strategic Value Partners, L.L.C. By: /s/ V▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ----------------------------- Name: V▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President Authorized Signatory TRIAGE CAPITAL MANAGEMENT, LP, as Lender By: /s/ ▇▇J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ----------------------------- Name: ▇▇J▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3May 12, 2016,2004

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ▇▇▇▇▇▇ PRIVATE EQUITY INVESTORS 2019 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-▇▇▇▇▇▇ Private Equity Investors G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY INVESTORS 2020 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-▇▇▇▇▇▇ Private Equity Investors 2020 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2021 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-▇▇▇▇▇▇ Private Equity Solutions 2021 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGSVP/Vice President and Treasurer of AB-PCI AB PRIVATE CREDIT INVESTORS MIDDLE MARKET DIRECT LENDING FUND, INC. L.P., a Delaware limited partnership By: AB Private Credit Investors Middle Market Direct Lending G.P. L.P., a Delaware limited partnership, its General Partner By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC VP/Vice President and Treasurer of AB-PCI AB PRIVATE CREDIT INVESTORS CORPORATION, a Maryland corporation By: /s/ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2022 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-▇▇▇▇▇▇ Private Equity Solutions 2022 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2023 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-▇▇▇▇▇▇ Private Equity Solutions 2023 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2024 (DELAWARE) FUND L.P., a Delaware limited partnership By: AB-▇▇▇▇▇▇ Private Equity Solutions 2024 G.P. L.P., a Delaware limited partnership, its general partner By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY INVESTORS G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY INVESTORS 2020 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2021 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB PRIVATE CREDIT INVESTORS MIDDLE MARKET DIRECT LENDING G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2022 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2023 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI AB-▇▇▇▇▇▇ PRIVATE EQUITY SOLUTIONS 2024 G.P. L.P., a Delaware limited partnership By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: VP/Vice President and Treasurer of AB-PCI HSBC BANK USA, NATIONAL ASSOCIATION, as Administrative Agent By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director Vice President HSBC BANK USA, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGSCATHAY BANK, LLC as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to ANNEX A TO ELEVENTHTWELFTH AMENDMENT (Conformed Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,through EleventhTwelfth Amendment) USActive 60426938.560487042.4

BORROWERS. OSMOTICA PHARMACEUTICAL CORPCHOICE ONE COMMUNICATIONS OF NEW YORK INC. CHOICE ONE COMMUNICATIONS OF PENNSYLVANIA INC. CHOICE ONE COMMUNICATIONS OF MASSACHUSETTS INC. CHOICE ONE COMMUNICATIONS INTERNATIONAL INC. CHOICE ONE COMMUNICATIONS OF RHODE ISLAND INC. CHOICE ONE COMMUNICATIONS OF CONNECTICUT INC. CHOICE ONE COMMUNICATIONS OF MAINE INC. CHOICE ONE OF NEW HAMPSHIRE INC. CHOICE ONE COMMUNICATIONS OF OHIO INC. CHOICE ONE COMMUNICATIONS OF VERMONT INC. CHOICE ONE ONLINE INC. CHOICE ONE COMMUNICATIONS OF VIRGINIA INC. CHOICE ONE COMMUNICATIONS SERVICES INC. US XCHANGE INC. US XCHANGE OF INDIANA, L.L.C. US XCHANGE OF ILLINOIS, L.L.C. US XCHANGE OF WISCONSIN, L.L.C. US XCHANGE OF MICHIGAN, L.L.C. By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: EVP & CFO for each of the entities set forth above GUARANTOR: CHOICE ONE COMMUNICATIONS INC. By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: EVP & CFO ▇▇▇▇▇▇▇ ▇▇▇▇▇ CREDIT PARTNERS, L.P., as Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK▇▇▇▇▇▇▇ CAPITAL MANAGEMENT, N.A.▇▇ ▇▇, as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANKPresident STRATEGIC VALUE MASTER FUND, LTD, as a Lender, Issuing Bank and Joint Lead Arranger ByLender BY: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANKAuthorized Signatory BANK OF AMERICA, N.A., as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Assistant Vice President Third Amendment to Credit Agreement REGIONS BANKCARGILL FINANCIAL SERVICES INTERNATIONAL, Inc, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Portfolio Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P.Operations Manager DEUTSCHE BANK TRUST COMPANY AMERICAS, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VIDB Services New Jersey, LTD, as a Departing Lender Inc. By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated Vice President WACHOVIA INVESTORS, INC., as of February 3resigning Administrative Agent, 2016,resigning Collateral Agent and Lender By: /s/ ▇▇▇ ▇▇▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director WACHOVIA BANK. N.A., as Lender BY: /s/ ▇▇▇▇ ▇▇▇▇▇▇ ----------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Director GENERAL ELECTRIC CAPITAL CORPORATION, as successor Administrative Agent, successor Collateral Agent, Syndication Agent and Lender

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. By: TRANS-LUX CORPORATION By /s/ ▇▇▇▇▇▇ ▇▇▇▇ -------------------------------------- ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: President By /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ -------------------------------------- ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: Senior Vice President and Chief Financial Officer TRANS-LUX DISPLAY CORPORATION By /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇-------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: By /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: -------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Senior Vice President and Chief Financial Officer TRANS-LUX MONTEZUMA CORPORATION By /s/ ▇▇▇▇▇▇ ▇▇▇▇ -------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: By /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ -------------------------------------- ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANKand Chief Financial Officer INTEGRATED SYSTEMS ENGINEERING, as a Lender and Co-Syndication Agent By: INC. By /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ ------------------------------------- ▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: By /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. -------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Senior Vice President and Chief Financial Officer GUARANTORS: TRANS-LUX DISPLAY CORPORATION TRANS-LUX CANADA, LTD. TRANS-LUX COCTEAU CORPORATION TRANS-LUX COLORADO CORPORATION TRANS-LUX DURANGO CORPORATION TRANS-LUX EXPERIENCE CORPORATION TRANS-LUX HIGH FIVE CORPORATION TRANS-LUX INVESTMENT CORPORATION TRANS-LUX LOMA CORPORATION TRANS-LUX LOVELAND CORPORATION TRANS-LUX MIDWEST CORPORATION TRANS-LUX MONTEZUMA CORPORATION TRANS-LUX MULTIMEDIA CORPORATION TRANS-LUX PENNSYLVANIA CORPORATION TRANS-LUX PTY, LTD. TRANS-LUX SEAPORT CORPORATION TRANS-LUX SERVICE CORPORATION TRANS-LUX SOUTHWEST CORPORATION TRANS-LUX STORYTELLER CORPORATION TRANS-LUX SYNDICATED PROGRAMS CORPORATION TRANS-LUX TAOS CORPORATION TRANS-LUX THEATRES CORPORATION INTEGRATED SYSTEMS ENGINEERING, INC. ▇▇▇▇▇▇▇▇ REALTY CORPORATION By /s/ ▇▇▇▇▇▇ ▇▇▇▇ ------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇ Title: President By /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ -------------------------------------- ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender Byand Chief Financial Officer LENDER: FIRST UNION NATIONAL BANK /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ By______________________________________ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,EXHIBIT A TO SEVENTH AMENDMENT AGREEMENT FOURTH ALLONGE TO REVOLVING PROMISSORY NOTE -------------------------------------------

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I PRODUCTS LICENSING LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANKChief Financial Officer PLAYBOY ENTERPRISES INTERNATIONAL, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇INC. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICESTreasurer PLAYBOY ENTERPRISES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President . By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IVTreasurer CHINA PRODUCTS LICENSING, L.P.INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Treasurer Y ACQUISITION CO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Manager as of the date first above written: DBD CREDIT FUNDING LLC, as a Departing Lender Administrative Agent By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment [Signature Page to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender Joinder to 2nd A&R Guaranty and Security Agreement] DBD CREDIT FUNDING LLC By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director Authorized Signatory FORTRESS CREDIT OPPORTUNITIES IX CLO LIMITED By: FCOD CLO Management LLC Its: Collateral Manager By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Treasurer FORTRESS CREDIT OPPORTUNITIES XI CLO LIMITED By: FCOD CLO Management LLC Its: Collateral Manager By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Treasurer FORTRESS CREDIT OPPORTUNITIES VII CLO LIMITED By: FCO VII CLO CM LLC Its: Collateral Manager By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Treasurer FORTRESS CREDIT OPPORTUNITIES VI CLO LIMITED By: FCOO CLO Management LLC Its: Collateral Manager By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Treasurer DBOB FUNDING LLC By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Treasurer FORTRESS LENDING HOLDINGS L.P. By: Fortress Lending Advisors LLC Its: Investment Manager By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory MGG SPECIALTY FINANCE FUND II LP MGG SF EVERGREEN FUND LP MGG CANADA FUND LP MGG (BVI) LIMITED MGG SF EVERGREEN UNLEVERED FUND LP MGG SF DRAWDOWN UNLEVERED FUND II LP MGG SF DRAWDOWN UNLEVERED FUND II (LUXEMBOURG) SCSp MGG OFFSHORE FUNDING I, LLC MGG SF DRAWDOWN UNLEVERED MASTER FUND II (CAYMAN) LP MGG SF EVERGREEN UNLEVERED MASTER FUND II (CAYMAN) LP MGG INSURANCE FUND SERIES INTERESTS OF THE SALI MULTI-SERIES FUND, L.P. By: MGG Investment Group LP, on behalf of each of the above, as Authorized Signatory By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇Chief Executive Officer See attached. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as ARTICLE I DEFINITIONS AND INTERPRETATION 2 Section 1.01 Certain Defined Terms 2 Section 1.02 Accounting Terms 32 Section 1.03 Uniform Commercial Code 33 Section 1.04 Construction 33 Section 1.05 Time Periods 33 ARTICLE II AMOUNT AND TERMS OF THE LOANS 34 Section 2.01 The Loans 34 Section 2.02 Making the Loans 34 Section 2.03 Repayment and Amortization of February 3, 2016,Loans; Evidence of Debt 35 Section 2.04 Interest 35 Section 2.05 Interest Elections 36 Section 2.06 Prepayments 37 Section 2.07 Alternative Rate of Interest 39 Section 2.08 Increased Costs 40 Section 2.09 Break Funding Payments 41

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. WESTROCK CP, LLC (f/k/a RockTenn CP, LLC) By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC SVP and Treasurer WESTROCK CONVERTING COMPANY (f/k/a Rock-Tenn Converting Company) By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC SVP and Treasurer WESTROCK VIRGINIA CORPORATION (f/k/a MeadWestvaco Virginia Corporation) By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. SVP and Treasurer GUARANTORS: WESTROCK COMPANY By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC BySVP and Treasurer ADMINISTRATIVE AGENT: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGSCOBANK, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A.ACB, as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title:Vice President LENDERS: Director CIT BANKCOBANK, N.A.ACB, as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President If a second signature is necessary: By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ n/a________________________________ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to VOTING PARTICIPANTS: 1st Farm Credit Agreement SILICON VALLEY BANKServices, FLCA, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent Voting Participant By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Vice President, Capital Markets Group VOTING PARTICIPANTS: Northwest Farm Credit Agreement CADENCE BANKServices, FLCA, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender Voting Participant By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Vice President VOTING PARTICIPANTS: Fresno Madera Production Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P.Association, as a Departing Lender Voting Participant By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: SVP VOTING PARTICIPANTS: Yosemite Land Bank, FLCA, as a Voting Participant By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to EVP – Chief Credit Agreement FEDERAL INSURANCE COMPANYOfficer VOTING PARTICIPANTS: AgFirst Farm Credit Bank, as a Departing Lender Voting Participant By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Vice President VOTING PARTICIPANTS: GreenStone Farm Credit Services, FLCA, as a Voting Participant By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Assistant Vice President VOTING PARTICIPANTS: Farm Credit Agreement Sebago Lake Financing LLCBank of Texas, as a Departing Lender Voting Participant By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Vice President VOTING PARTICIPANTS: United FCS, FLCA d/b/a FCS Commercial Finance Group, as a Voting Participant By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANKVice President VOTING PARTICIPANTS: Badgerland Financial, FLCA as a Departing Lender Voting Participant By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇. ▇▇▇▇▇▇ Title: Assistant Vice President Third Amendment to of Capital Markets VOTING PARTICIPANTS: Farm Credit Agreement SIEMENS FINANCIAL SERVICESMid-America, INC.FLCA, f/k/a Farm Credit Services of Mid-America, FLCA as a Departing Lender Voting Participant By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ . ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLCVice President VOTING PARTICIPANTS: American AgCredit, PCA as a Decreasing Lender Voting Participant By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director Vice President VOTING PARTICIPANTS: Farm Credit West, FLCA as a Voting Participant By: /s/ Ben ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President EXECUTION VERSION EXHIBIT A TO AMENDMENT NO. 1 as amended by Amendment No.1 on July 1, 2016 among, WESTROCK CP, LLC (f/k/a ROCKTENN CP, LLC), WESTROCK CONVERTING COMPANY (f/k/a ROCK-TENN CONVERTING COMPANY) ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND IIICORPORATION (f/k/a MEADWESTVACO VIRGINIA CORPORATION), L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,CHAR2\1695161v9 ARTICLE I DEFINITIONS 1

BORROWERS. OSMOTICA PHARMACEUTICAL CORPCHOICE ONE COMMUNICATIONS OF NEW YORK INC. CHOICE ONE COMMUNICATIONS OF PENNSYLVANIA INC. CHOICE ONE COMMUNICATIONS OF MASSACHUSETTS INC. CHOICE ONE COMMUNICATIONS INTERNATIONAL INC. CHOICE ONE COMMUNICATIONS OF RHODE ISLAND INC. CHOICE ONE COMMUNICATIONS OF CONNECTICUT INC. CHOICE ONE COMMUNICATIONS OF MAINE INC. CHOICE ONE OF NEW HAMPSHIRE INC. CHOICE ONE COMMUNICATIONS OF OHIO INC. CHOICE ONE COMMUNICATIONS OF VERMONT INC. CHOICE ONE ONLINE INC. CHOICE ONE COMMUNICATIONS OF VIRGINIA INC. CHOICE ONE COMMUNICATIONS SERVICES INC. US XCHANGE INC. US XCHANGE OF INDIANA, L.L.C. US XCHANGE OF ILLINOIS, L.L.C. US XCHANGE OF WISCONSIN, L.L.C. US XCHANGE OF MICHIGAN, L.L.C. By /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ -------------------------------------- Name:▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: CFO for each of the entities set forth above GUARANTOR: CHOICE ONE COMMUNICATIONS INC. By /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ -------------------------------------- ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: CFO FERNWOOD ASSOCIATES, L.P., as Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: General Partner ▇▇▇▇▇▇▇ SACH CREDIT PARTNERS, I.P., as Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇▇▇ CAPITAL MANAGEMENT, ▇▇ ▇▇, as Lender By: /S/ ▇▇▇▇▇ ▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC BySTRATEGIC VALUE MASTER FUND,LTD,AS LENDER BY: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name------------------------------------- NAME: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC Authorized Signatory ▇▇▇▇▇▇▇ FINANCIAL SERVICES INTERNATIONAL,Inc., AS Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Portfolio Manager /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ------------------------------------- ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Operation Manager CREDIT SUISSE FIRST BOSTON, as Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS:Vice President DEUTSCHE BANK AND TRUST COMPANY AMERICAS, INC. as Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED DB Services New Jersey, Inc. By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director Vice President GENERAL ELECTRIC CAPITAL CORPORATION, as Administrative Agent, Collateral Agent, Syndication Agent and Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ -------------------------------------- Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇Senior Vice President ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ NameSENIOR FUNDING, INC., as Documentation Agent and Leader By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANKBANK OF AMERICA, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Assistant Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ BEAR ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANKINVESTMENT PRODUCTS INC., as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ------------------------------------- Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third VICE PRESIDENT Annex 1 to the Fourth Amendment Exhibit G to the Credit Agreement MUTUAL FORM OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,ASSIGNMENT AND ACCEPTANCE

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGSBOATS & MOTORS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS., LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCOa Texas corporation, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇MARINE, INC., A Texas corporation, ▇▇▇▇▇▇ ▇BOATING CENTER ARLINGTON, INC., a Texas corporation, FALCON MARINE, INC., a Texas corporation, FALCON MARINE ABILENE, INC., a Texas corporation, ▇▇▇▇▇▇ Title: Director CIT BANKBOATING CENTER BEAUMONT, N.A.INC., as a Lender and Joint Lead Arranger By: /s/ ▇Texas corporation, ▇▇▇▇▇▇ ▇BOATING CENTER TENNESSEE, INC., a Texas corporation, ▇▇▇▇▇▇ Name: ▇BOATING CENTER ALABAMA, INC., a Texas corporation, ▇▇▇▇▇▇ ▇BOATING CENTER GEORGIA, INC., a Texas corporation and ▇▇▇▇▇▇ BOATING CENTER FLORIDA, INC., a Texas corporation By: ________________________________ Name: ________________________________ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇________________________________ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇BOATS & MOTORS BATON ROUGE, INC., a Louisiana corporation and ▇▇▇▇▇▇ BOATING CENTER LOUISIANA, INC., a Louisiana corporation By: ________________________________ Name: ________________________________ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND________________________________ TBC ARKANSAS, as INC., an Arkansas corporation, RED RIVER MARINE ARKANSAS, INC., a Lender Arkansas corporation and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ BOATING CENTER LITTLE ROCK, INC., a Arkansas corporation By: ________________________________ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ________________________________ Title: Vice President ________________________________ TBC MANAGEMENT, INC., a Delaware corporation By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ________________________________ Name: ________________________________ Title: ________________________________ TBC MANAGEMENT, LTD., a Texas limited partnership By: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICESBOATS & MOTORS, INC., a Texas corporation, as a Departing Lender General Partner By: /s/ ▇▇▇▇▇ ▇▇▇▇ ____________________________ Name: ▇▇▇▇▇ ▇▇▇▇ ____________________________ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to ____________________________ EXHIBIT B --------- BORROWING BASE CERTIFICATE In accordance with the terms of the Revolving Credit Agreement AC AMERICAN FIXED INCOME IVdated December ___, L.P.1996 (the "Agreement"), executed by Borrowers, NationsBank of Texas, N.A., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLCAgent, and the Lenders, as therein defined, the undersigned hereby certifies, in his/her capacity as the Authorized Officer of TBM, that attached hereto is a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇current Borrowing Base Schedule and the information set forth therein is true and correct in all material respects to the best of my knowledge. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment Unless defined herein or indicated otherwise, each capitalized term used herein and in the attached Borrowing Base Schedule shall have the meaning given to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,such term in the Agreement.

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, RESOLUTE FOREST PRODUCTS INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender Treasurer and Joint Lead Arranger Vice President for Investor Relations RESOLUTE FP US INC. By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANKVice President and Treasurer RESOLUTE FP CANADA INC. By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer ATLAS SOUTHEAST PAPERS, INC. BOWATER NUWAY MID-STATES INC. ▇▇▇▇▇▇▇ CORP. FIBREK U.S. INC. FIBREK RECYCLING U.S. INC. ▇▇▇▇▇▇▇ NEWSPRINT COMPANY RESOLUTE FP FLORIDA INC. ATLAS TISSUE HOLDINGS, INC. RESOLUTE US LUMBER INC. RESOLUTE EL DORADO INC. By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer ABITIBI CONSOLIDATED SALES LLC RESOLUTE GROWTH US LLC By: Resolute Forest Products Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Treasurer and Vice President for Investor Relations AUGUSTA NEWSPRINT HOLDING LLC By: Abitibi Consolidated Sales LLC, its Member By: Resolute Forest Products Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Treasurer and Vice President for Investor Relations RESOLUTE FP AUGUSTA LLC By: Abitibi Consolidated Sales LLC, its Manager By: Resolute Forest Products Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Treasurer and Vice President for Investor Relations BOWATER NEWSPRINT SOUTH LLC By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Title: Manager FD POWERCO LLC By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Manager GLPC RESIDUAL MANAGEMENT, LLC By: Fibrek Recycling U.S. Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer ACCURATE PAPER FLEET, LLC By: Accurate Paper Holdings, LLC, its Sole Member By: Atlas Tissue Holdings, Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer ATLAS PAPER MANAGEMENT, LLC By: Atlas Paper ▇▇▇▇▇, LLC, its Sole Member By: Atlas Tissue Holdings, Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer ACCURATE PAPER HOLDINGS, LLC ATLAS PAPER ▇▇▇▇▇, LLC By: Atlas Tissue Holdings, Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer RESOLUTE TISSUE LLC By: Resolute Growth US LLC, its sole member By: Resolute Forest Products Inc., its sole member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Treasurer and Vice President for Investor Relations RESOLUTE HAGERSTOWN LLC By: Resolute FP US Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer RESOLUTE NAVCOR LLC RESOLUTE CADDO RIVER, LLC RESOLUTE CROSS CITY LLC RESOLUTE CROSS CITY REAL ESTATE HOLDINGS LLC RESOLUTE CROSS CITY TIMBER MANAGEMENT LLC RESOLUTE GLENWOOD LLC By: RESOLUTE US Lumber Inc., its Sole Member By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer ABITIBIBOWATER CANADA INC. BOWATER CANADIAN LIMITED BOWATER LAHAVE CORPORATION FIBREK INTERNATIONAL INC. SFK PULP ▇▇▇▇▇ INC. By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer FIBREK GENERAL PARTNERSHIP By: Resolute FP Canada Inc., its Managing Partner By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President and Treasurer BANK OF AMERICA, N.A., as a LenderU.S. Administrative Agent, U.S. Issuing Bank and Joint Lead Arranger U.S. Swingline Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President BANK OF AMERICA, N.A. (acting through its Canada branch), as Canadian Administrative Agent, Canadian Issuing Bank and Canadian Swingline Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANKBANK OF AMERICA, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANKN.A., as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICESBANK OF AMERICA, INC.N.A. (acting through its Canada Branch), as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLCVice President Bank of Montreal, as a Decreasing U.S. Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Managing Director Vice President Bank of Montreal, as a Canadian Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III▇▇▇▇▇ Fargo Bank, L.P.N.A., as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory ▇▇▇▇▇ Fargo Capital Finance Corporation Canada, as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Senior Vice President Canadian Imperial Bank of Commerce, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Executive Director By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Executive Director TD Bank, N.A., as a Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTDName: ▇▇▇▇▇▇▇ ▇▇▇▇ Title: Vice-President The Toronto-Dominion Bank, as a Departing Lender By: /s/ ▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Senior Manager, Commercial Credit ROYAL BANK OF CANADA, as a Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Authorized Signatory Third and as further amended by the ThirdFourth Amendment to Credit Agreement Dated dated as of February 3January 28December 15, 2016,2021), SECTION 1 DEFINITIONS AND ACCOUNTING TERMS 1 1.01. Defined Terms 1 1.02. Terms Generally 6166 1.03. Uniform Commercial Code and PPSA 6166 1.04. Exchange Rates; Currency Equivalent 6266 1.05. Interpretation (Quebec) 6267 1.06. Currency Fluctuations 6267 1.07. Divisions 6368 SECTION 2 AMOUNT AND TERMS OF CREDIT 6369 2.01. Commitments 6369 2.02. Loans 6470 2.03. Borrowing Procedure 6572 2.04. Evidence of Debt; Repayment of Loans 6673 2.05. Fees 6773 2.06. Interest on Loans 6875 2.07. Termination and Reduction of Commitments 7076 2.08. Interest Elections 7177

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ARCHITECTURAL GRANITE & MARBLE, LLC By: /s/ ▇Name: Title: Address: c/o Trive Capital ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ , Suite 1200 Dallas, TX 75201 Attn: Telecopy: PENTAL GRANITE & MARBLE, LLC By: Name: Title: Address: [__________________________________] [__________________________________] [__________________________________] Attn: Telecopy: AGENT: CERBERUS BUSINESS FINANCE, LLC By: Name: Title: Address: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ NameAttn: ▇▇▇▇▇▇ ▇▇▇▇ Telecopy: DOC ID - 28951967.4 92 LENDERS: CERBERUS LEVERED LOAN OPPORTUNITIES FUND III, L.P. By: Cerberus Levered Opportunities III GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS NJ CREDIT OPPORTUNITIES FUND, L.P. By: Cerberus NJ Credit Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS ASRS HOLDINGS LLC DOC ID - 28951967.4 By: _______________________________ Name: Title: CERBERUS KRS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus KRS Levered Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS PSERS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus PSERS Levered Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS FSBA HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS ND CREDIT HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS OFFSHORE LEVERED III LP By: COL III GP Inc. Its: General Partner By: ______________________________ Name: Title: CERBERUS REDWOOD LEVERED LOAN OPPORTUNITIES FUND B, L.P. By: Cerberus Redwood Levered Opportunities GP B, LLC Its: General Partner By:_______________________________________ Name: Title: CERBERUS ICQ OFFSHORE LEVERED LP By: Cerberus ICQ Offshore GP LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ONSHORE LEVERED III LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XX L.P. By: Cerberus LFGP XX, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS REDWOOD LEVERED A LLC By: ______________________________ Name: Title: CERBERUS AUS LEVERED II LP By: ▇▇▇ ▇▇ GP, LLC Its: General Partner By: ______________________________ Name: Title: Authorized Signatory Third Amendment CERBERUS REDWOOD LEVERED B LLC By: ______________________________ Name: Title: CERBERUS ICQ LEVERED LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XIX L.P. By: Cerberus LFGP XIX, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus ICQ Levered Opportunities GP, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS FSBA LEVERED LLC By: ______________________________ Name: Title: CERBERUS SWC LEVERED II LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XVI LP By: Cerberus PSERS GP, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XVIII L.P. By: Cerberus LFGP XVIII, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ASRS FUNDING LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XXI L.P. By: Cerberus LFGP XXI, LLC Its: General Partner By: ______________________________ Name: Title: SCHEDULE 2.1 to Credit Financing Agreement Dated as of February 3, 2016,COMMITMENTS OF LENDERS1 Lender Initial Term Loan Commitment2 Additional Term Loan Commitment 3 Second Additional Term Loan Commitment Total Term Loan Commitment4

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ARCHITECTURAL GRANITE & MARBLE, LLC By: /s/ ▇Name: Title: Address: c/o Trive Capital ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ , Suite 1200 Dallas, TX 75201 Attn: Telecopy: PENTAL GRANITE & MARBLE, LLC By: Name: Title: Address: [__________________________________] [__________________________________] [__________________________________] Attn: Telecopy: AGENT: CERBERUS BUSINESS FINANCE, LLC By: Name: Title: Address: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ NameAttn: ▇▇▇▇▇▇ ▇▇▇▇ Telecopy: LENDERS: CERBERUS LEVERED LOAN OPPORTUNITIES FUND III, L.P. By: Cerberus Levered Opportunities III GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS NJ CREDIT OPPORTUNITIES FUND, L.P. By: Cerberus NJ Credit Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS ASRS HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS KRS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus KRS Levered Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS PSERS LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus PSERS Levered Opportunities GP, LLC Its: General Partner By: _______________________________ Name: Title: CERBERUS FSBA HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS ND CREDIT HOLDINGS LLC By: _______________________________ Name: Title: CERBERUS OFFSHORE LEVERED III LP By: COL III GP Inc. Its: General Partner By: ______________________________ Name: Title: CERBERUS REDWOOD LEVERED LOAN OPPORTUNITIES FUND B, L.P. By: Cerberus Redwood Levered Opportunities GP B, LLC Its: General Partner By:_______________________________________ Name: Title: CERBERUS ICQ OFFSHORE LEVERED LP By: Cerberus ICQ Offshore GP LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ONSHORE LEVERED III LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XX L.P. By: Cerberus LFGP XX, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS REDWOOD LEVERED A LLC By: ______________________________ Name: Title: CERBERUS AUS LEVERED II LP By: ▇▇▇ ▇▇ GP, LLC Its: General Partner By: ______________________________ Name: Title: Authorized Signatory Third CERBERUS REDWOOD LEVERED B LLC By: ______________________________ Name: Title: CERBERUS ICQ LEVERED LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XIX L.P. By: Cerberus LFGP XIX, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ICQ LEVERED LOAN OPPORTUNITIES FUND, L.P. By: Cerberus ICQ Levered Opportunities GP, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS FSBA LEVERED LLC By: ______________________________ Name: Title: CERBERUS SWC LEVERED II LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XVI LP By: Cerberus PSERS GP, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XVIII L.P. By: Cerberus LFGP XVIII, LLC Its: General Partner By: ______________________________ Name: Title: CERBERUS ASRS FUNDING LLC By: ______________________________ Name: Title: CERBERUS LOAN FUNDING XXI L.P. By: Cerberus LFGP XXI, LLC Its: General Partner By: ______________________________ Name: Title: SCHEDULE 2.1 to Financing Agreement COMMITMENTS OF LENDERS1 1 Updated schedule attached to the Fifth Amendment SCHEDULE 8.1.4 to Credit Agreement Dated as of February 3, 2016,Financing Agreement

BORROWERS. OSMOTICA PHARMACEUTICAL CORPCURATIVE HEALTH SERVICES, INC., a Minnesota corporation formerly known as Curative Holding Co. By: /s/ Thomas Axmacher ------------------------------------ Name: Thomas Axmacher ------------------------------------ Title: Executive VP and CFO ------------------------------------ EBIOCARE.COM, INC. By: /s/ ▇▇▇▇▇ Thomas ▇▇▇▇▇▇▇▇ ------------------------------------ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGSTreasurer ------------------------------------ HEMOPHILIA ACCESS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Nancy F. Lanis ------------------------------------ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Nancy F. Lanis ------------------------------------ Title: Secretary and Treasurer ------------------------------------ APEX THERAPEUTIC CARE, INC. By: /s/ Thomas Axmacher ------------------------------------ Name: Thomas Axmacher ------------------------------------ Title: Chief Executive Financial Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC ------------------------------------ CHS SERVICES, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED Treasurer ------------------------------------ [Signature page to Second Amendment to Amended and Restated Credit Agreement CURATIVE HEALTH SERVICES OF NEW YORK, INC. By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Title: Director Treasurer ------------------------------------ OPTIMAL CARE PLUS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Thomas Axmacher ------------------------------------ Name: ▇▇▇▇▇ ▇▇▇▇▇ Thomas Axmacher ------------------------------------ Title: Managing Director VERTICAL/TRIGEN HOLDINGSTreasurer ------------------------------------ INFINITY INFUSION, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC Curative Health Services Co., its Sole Member By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCOTreasurer ------------------------------------ INFINITY INFUSION II, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCOCurative Health Services Co., LLC its Sole Member By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Thomas Axmacher ------------------------------------ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Treasurer ------------------------------------ [Signature page to Second Amendment to Amended and Restated Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1Agreement] INFINITY INFUSION CARE, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3, 2016,

BORROWERS. OSMOTICA PHARMACEUTICAL CORPCHOICE ONE COMMUNICATIONS OF NEW YORK INC. CHOICE ONE COMMUNICATIONS OF PENNSYLVANIA INC. CHOICE ONE COMMUNICATIONS OF MASSACHUSETTS INC. CHOICE ONE COMMUNICATIONS INTERNATIONAL INC. CHOICE ONE COMMUNICATIONS OF RHODE ISLAND INC. CHOICE ONE COMMUNICATIONS OF CONNECTICUT INC. CHOICE ONE COMMUNICATIONS OF MAINE INC. CHOICE ONE OF NEW HAMPSHIRE INC. CHOICE ONE COMMUNICATIONS OF OHIO INC. CHOICE ONE COMMUNICATIONS OF VERMONT INC. CHOICE ONE ONLINE INC. CHOICE ONE COMMUNICATIONS OF VIRGINIA INC. CHOICE ONE COMMUNICATIONS SERVICES INC. US XCHANGE INC. US XCHANGE OF INDIANA, LLC. US XCHANGE OF ILLINOIS, LLC. US XCHANGE OF WISCONSIN, LLC. US XCHANGE OF MICHIGAN, LLC. By: Ajay Sabherwal -------------------------------- Name: Ajay Sabherwal Title: CFO for each of the entities set forth above GUARANTOR: CHOICE ONE COMMUNICATIONS INC. By: Ajay Sabherwal -------------------------------- Name: Ajay Sabherwal Title: CFO GENERAL ELECTRIC CAPITAL CORPORATION, as Administrative Agent, Collateral Agent, Syndication Agent and Lender By: /s/ Terrell W. Harris ---------------------------------- Name: Terrell W. Harris Tit▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGSzed Signator MORGAN STANLEY SENIOR FUNDING, INC. By: /s/ ., ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative s Documentation Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Ian Sandler ---------------------------------- Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Ian Sandler Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇Vi▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANKt BANK OF AMERICA, N.A., as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇Sid Bridges --------------------------------- Name: Sid Bridges Title: A▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATIONDEUTSCHE BANK AND TRUST COMPANY AMERICAS, as a Lender By: DB Services New Jersey By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Edward Schaffer ---------------------------------- Name: Edward Schaffer Title: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANKt CARGILL FINANCIAL SERVICES INTERNATIONAL, Inc., as a Lender By: /s/ E. Rory J. O'Neill ---------------------------------- Name: Rory J. O'Neill Title: ▇▇▇▇▇▇▇▇▇ ▇▇▇e President By: ---------------------------------- Name: Title: FERNWOOD ASSOCIATES, L.P., as Lender By: /s/ Robert Gaviglio --------------------------------- Name: Robert Gaviglio Title: Wayland Distressed Opportunities Fund I-B, LLC, as Lender By: /s/ John D. McEvoy Name: John D. McE▇▇▇ Title: Authorized ▇▇▇▇▇▇▇▇▇ VARDE PARTNERS, INC., as Lender By: /s/ George Hicks -------------------------------------------- Name: George Hicks Title: STRATEGIC VALUE MASTER FUND, LTD, as Lender By: /s/ Geoffrey A. Gold -------------------------------------------- Name: Geoffrey A. Gold Title: Managing ▇▇▇▇▇▇▇▇ SCOGGIN CAPITAL MANAGEMENT, LP II, as ▇▇▇▇er By: S&E Partners, LP; its general partner By: Scoggin, Inc.; its general partner ▇▇: /▇/ Craig Effron --------------------------- Name: Craig Effron Title: President QUANTUM PARTNERS LDC, as Lender By: /s/ Joyce M. Anzalotta --------------------------- Name: Joyce M. Anzalotta Title: Attor▇▇▇ ▇▇ ▇▇▇▇ ORE HILL HUB FUND, LTD, as Lender By: /s/ Frederick Wahl --------------------------- Name: Frederick Wahl Title: MERRILL LYNCH CREDIT PRODUCTS, LLC, as Lender By: /s/ Michael Lee --------------------------------- Name: Michael Lee Title: Vi▇▇ ▇▇▇▇▇▇▇▇▇ t By: --------------------------------- Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDERGOLDMAN SACHS CREDIT PARTNERS, L.P., as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Pedro Ramirez --------------------------------- Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Pedro Ramirez Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇gnatory GOLDMAN SACHS CREDIT PARTNERS, L.P., ▇s Lender By: /s/ Juan Carlos Isaza --------------------------------- Name: Juan Carlos Isaza Tit▇▇▇▇▇▇ ▇. : ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANY▇▇gnatory Wayland Distressed Opportunities Fund I-C, LLC, as a Departing Lender By: /s/ ▇▇▇John D. McEvoy Name: John D. McE▇▇▇ ▇. ▇Title: Authorized ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLC, as a Departing Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Duly Authorized Signatory Third Amendment to Credit Agreement AC AMERICAN FIXED INCOME IV, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ANNALY MIDDLE MARKET LENDING LLC, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement ARES CREDIT STRATEGIES FUND III, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VI, LTD, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Dated as of February 3July 30, 2016,2004

BORROWERS. OSMOTICA PHARMACEUTICAL CORP. ODYSSEY HEALTHCARE OPERATING A, LP By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Odyssey HealthCare GP, LLC Its: General Partner By:___________________________________ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER I LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer ORBIT BLOCKER II LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VALKYRIE GROUP HOLDINGS, INC. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement OSMOTICA HOLDINGS US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA HOLDINGS CORP LIMITED By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇ Title: Managing Director VERTICAL/TRIGEN HOLDINGS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer OSMOTICA PHARMACEUTICAL US LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement VERTICAL/TRIGEN MIDCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL/TRIGEN OPCO, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer VERTICAL PHARMACEUTICALS, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer TRIGEN LABORATORIES, LLC By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Chief Executive Officer Third Amendment to Credit Agreement CIT BANK, N.A., as Administrative Agent and Swingline Lender By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director CIT BANK, N.A., as a Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement FIFTH THIRD BANK, as a Lender, Issuing Bank and Joint Lead Arranger By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President — Leveraged Finance Third Amendment to Credit Agreement THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SILICON VALLEY BANK, as a Decreasing Lender and Joint Lead Arranger By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement WHITNEY BANK DBA ▇▇▇▇▇▇▇ BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement REGIONS BANK, as a Lender and Co-Syndication Agent By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Managing Director Third Amendment to Credit Agreement CADENCE BANK, as a Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: Executive Vice President — Healthcare Banking Third Amendment to Credit Agreement CITIZENS BANK, NATIONAL ASSOCIATION, as a Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Director Third Amendment to Credit Agreement MUTUAL OF OMAHA BANK, as a Lender By: /s/ E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: E. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Senior Vice President Third Amendment to Credit Agreement SANTANDER, as a Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇ Title: Head of Healthcare Banking Third Amendment to Credit Agreement ARES CENTRE STREET PARTNERSHIP, L.P., as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Senior Vice President and Chief Financial Officer ODYSSEY HEALTHCARE OPERATING B, LP By: Odyssey HealthCare GP, LLC Its: General Partner By:___________________________________ Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement FEDERAL INSURANCE COMPANYSenior Vice President and Chief Financial Officer HOSPICE OF THE PALM COAST, as a Departing Lender INC. By:___________________________________ Name: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement Sebago Lake Financing LLCSenior Vice President and Chief Financial Officer AGENT AND LENDERS: GENERAL ELECTRIC CAPITAL CORPORATION, as a Departing Agent and Lender By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement PACIFIC WESTERN BANK, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇ Title: Authorized Signatory Third Amendment to Credit Agreement MONROE CAPITAL MML CLO 2016-1, LTD., as a Departing Lender By: Monroe Capital Management LLC, as Collateral Manager and Attorney-in-fact By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President Third Amendment to Credit Agreement SIEMENS FINANCIAL SERVICES, INC., as a Departing Lender By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Vice President By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇ Title: :______________________________________ Duly Authorized Signatory Third Amendment to Odyssey Credit Agreement AC AMERICAN FIXED INCOME IV- Borrower and Agent Signature Page The following Persons are signatories to this Agreement in their capacity as Credit Parties and not as Borrowers. ODYSSEY HEALTHCARE, L.P.INC. By_________________________________________ Its: Senior Vice President and Chief Financial Officer ODYSSEY HEALTHCARE HOLDING COMPANY By________________________________________ Its: Senior Vice President and Chief Financial Officer ODYSSEY HEALTHCARE GP, as a Departing Lender LLC By_________________________________________ Its: Senior Vice President and Chief Financial Officer ODYSSEY HEALTHCARE LP, LLC By_________________________________________ Its: Manager ODYSSEY HEALTHCARE MANAGEMENT, LP By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ NameOdyssey HealthCare GP, LLC Its: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ TitleGeneral Partner By____________________________________ Its: Authorized Signatory Third Amendment to Senior Vice President and Chief Financial Officer Odyssey Credit Agreement ANNALY MIDDLE MARKET LENDING LLC- Credit Party Signature Page ANNEX A (RECITALS) TO CREDIT AGREEMENT DEFINITIONS Capitalized terms used in the Loan Documents shall have (unless otherwise provided elsewhere in the Loan Documents) the following respective meanings, as a Decreasing Lender By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Managing Director By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Managing Director Third Amendment and all references to Credit Agreement ARES CREDIT STRATEGIES FUND IIISections, L.P.Exhibits, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment Schedules or Annexes in the following definitions shall refer to Credit Agreement ▇▇▇ ▇▇▇▇ MIDDLE MARKET CREDIT FUND VISections, LTDExhibits, as a Departing Lender By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Authorized Signatory Third Amendment Schedules or Annexes of or to Credit Agreement Dated as of February 3, 2016,the Agreement: