Common use of Definitions and Accounting Terms Clause in Contracts

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page

Definitions and Accounting Terms. 1 Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Computation of Time Periods 23 Section 1.03 Accounting Terms 26 23 Section 1.04 Times Classes of Day 26 Loans 24 Section 1.05 Rounding 26 Miscellaneous 24 ARTICLE II THE COMMITMENTS AND LOANS 25 Section 2.01 Loans 25 Section 2.02 Method of Borrowing 25 Section 2.03 [Reserved] 27 Section 2.01 Revolving Loans 2.04 Termination, Reduction of the Commitments 27 Section 2.02 Term Loans 2.05 Repayment 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings2.06 Interest, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Interest Calculations and Certain Fees 27 Section 2.07 Prepayments 35 29 Section 2.08 Termination or Reduction [Reserved] 31 Section 2.09 Increased Costs Generally 31 Section 2.10 Payments and Computations 32 Section 2.11 Taxes 33 Section 2.12 Sharing of Commitments Payments, Etc. 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 2.13 Applicable Lending Offices 38 Section 2.11 Interest Rate Determination 2.14 [Reserved] 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 38 Section 2.16 [Reserved] 39 Section 2.17 Defaulting Lenders 39 ARTICLE III CONDITIONS 40 Section 3.01 Closing Date 40 Section 3.02 Conditions to the Initial Term Loans 43 Section 3.03 Conditions to the Delayed Draw Term Loans 44 Section 3.04 Determinations Under Sections 3 44 ARTICLE IV REPRESENTATIONS AND WARRANTIES 44 Section 4.01 Existence; Subsidiaries 44 Section 4.02 Power and Authority 44 Section 4.03 Authorization and Approvals 45 Section 4.04 Enforceable Obligations 45 Section 4.05 Financial Statements; No Material Adverse Effect 45 Section 4.06 True and Complete Disclosure 46 Section 4.07 Litigation 46 Section 4.08 Compliance with Laws 46 Section 4.09 Burdensome Provisions; No Default 46 Section 4.10 Subsidiaries; Corporate Structure 46 Section 4.11 Ownership of Properties; Casualties 47 Section 4.12 Environmental Compliance 47 Section 4.13 Insurance 48 TABLE OF CONTENTS (continued) Page Section 4.14 Taxes 48 Section 4.15 ERISA Compliance 48 Section 4.16 Security Interests 49 Section 4.17 Labor Relations 49 Section 4.18 Intellectual Property 49 Section 4.19 Solvency 50 Section 4.20 Margin Regulations 50 Section 4.21 Investment Company Act 50 Section 4.22 OFAC 50 ARTICLE V AFFIRMATIVE COVENANTS 51 Section 5.01 Reporting Requirements 51 Section 5.02 Other Notices 53 Section 5.03 Preservation of Existence, Etc. Except as permitted by Section 6 54 Section 5.04 Compliance with Laws, Etc. 54 Section 5.05 Maintenance of Property 54 Section 5.06 Maintenance of Insurance 55 Section 5.07 Payment of Obligations 55 Section 5.08 Books and Records; Inspection 55 Section 5.09 Use of Proceeds 56 Section 5.10 Additional Subsidiaries 56 Section 5.11 Bank Accounts 57 Section 5.12 Further Assurances in General 57 Section 5.13 [Reserved] 58 Section 3.07 Survival 59 5.14 Real Property 58 ARTICLE IV CONDITIONS PRECEDENT VI NEGATIVE COVENANTS 59 Section 4.01 Conditions of Effectiveness 6.01 Liens, Etc. 59 Section 4.02 Conditions 6.02 Debts, Guaranties and Other Obligations 60 Section 6.03 Merger or Consolidation 62 Section 6.04 Asset Sales 62 Section 6.05 Investments 63 Section 6.06 Restricted Payments 64 Section 6.07 Change in Nature of Business; Change in Structure; Amendments to Organizational Documents 64 Section 6.08 Transactions With Affiliates 64 Section 6.09 Agreements Restricting Liens and Distributions 64 Section 6.10 Limitation on Accounting Changes or Changes in Fiscal Periods 65 Section 6.11 Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities 65 Section 6.12 Capital Expenditures 65 Section 6.13 Maximum Tranche B Loan to Value Ratio 65 Section 6.14 Minimum Liquidity 65 Section 6.15 Optional Payments and Modifications of Certain Debt Instruments 65 TABLE OF CONTENTS (continued) Page ARTICLE VII EVENTS OF DEFAULT 66 Section 7.01 Events of Default 66 Section 7.02 Optional Acceleration of Maturity 68 Section 7.03 Automatic Acceleration of Maturity 69 Section 7.04 Non-exclusivity of Remedies 70 Section 7.05 Right of Set-off 70 Section 7.06 Application of Proceeds 70 Section 7.07 Borrower’s Right to Cure 71 ARTICLE VIII THE GUARANTY 72 Section 8.01 Liabilities Guaranteed 72 Section 8.02 Nature of Guaranty 72 Section 8.03 Agent’s Rights 72 Section 8.04 Guarantor’s Waivers 73 Section 8.05 Maturity of Obligations, Payment 74 Section 8.06 Agent’s Expenses 74 Section 8.07 Liability 74 Section 8.08 Events and Circumstances Not Reducing or Discharging any Guarantor’s Obligations 74 Section 8.09 Subordination of All Guarantor Claims 76 Section 8.10 Claims in Bankruptcy 77 Section 8.11 Payments Held in Trust 77 Section 8.12 Benefit of Guaranty 77 Section 8.13 Reinstatement 78 Section 8.14 Liens Subordinate 78 Section 8.15 Guarantor’s Enforcement Rights 78 Section 8.16 Fraudulent Transfer Laws 78 Section 8.17 Contribution Rights 79 ARTICLE IX THE ADMINISTRATIVE AGENT 80 Section 9.01 Appointment and Authority 80 Section 9.02 Rights as a Lender 80 Section 9.03 Exculpatory Provisions 80 Section 9.04 Reliance by Administrative Agent 81 Section 9.05 Delegation of Duties 82 Section 9.06 Resignation of Administrative Agent 82 Section 9.07 Non-Reliance on Administrative Agent and Other Lenders 83 Section 9.08 Indemnification 83 Section 9.09 Collateral and Guaranty Matters 84 ARTICLE X MISCELLANEOUS 86 Section 10.01 Amendments, Etc. 86 Section 10.02 Notices, Etc. 87 Section 10.03 No Waiver; Cumulative Remedies 89 Section 10.04 Costs and Expenses 89 TABLE OF CONTENTS (continued) Page Section 10.05 Indemnification 89 Section 10.06 Successors and Assigns 90 Section 10.07 Confidentiality 93 Section 10.08 Execution in Counterparts 94 Section 10.09 Survival of Representations, Etc. 94 Section 10.10 Severability 94 Section 10.11 Governing Law 95 Section 10.12 Submission to Jurisdiction 95 Section 10.13 Dispute Resolution 95 Section 10.14 Entire Agreement 97 Section 10.15 [Reserved] 97 Section 10.16 USA Patriot Act 97 Section 10.17 [Reserved] 97 Section 10.18 No Fiduciary Duty 97 Section 10.19 Intercreditor Agreement 98 Section 10.20 Original Issue Discount 98 TABLE OF CONTENTS (continued) Page EXHIBITS: Exhibit A - Form of Assignment and Acceptance Exhibit B - Form of Compliance Certificate Exhibit C - Form of Note Exhibit D - Form of Notice of Borrowing Exhibit E - [Reserved] Exhibit F - Form of Pledge Agreement Exhibit G - Form of Security Agreement Exhibit H-1 - U.S. Tax Compliance Certificate (For Non-U.S. Lenders that are not Partnerships for U.S. Federal Income Tax Purposes) Exhibit H-2 - U.S. Tax Compliance Certificate (For Non-U.S. Lenders that are Partnerships for U.S. Federal Income Tax Purposes) Exhibit H-3 - U.S. Tax Compliance Certificate (For Non-U.S. Participants that are not Partnerships for U.S. Federal Income Tax Purposes) Exhibit H-4 - U.S. Tax Compliance Certificate (For Non-U.S. Participants that are Partnerships for U.S. Federal Income Tax Purposes) Exhibit I - Form of Warrant Agreement SCHEDULES: Schedule 1.01(a) - [Reserved] Schedule 1.01(b) - Guarantors Schedule 2.01 - Commitments and Issuance Pro Rata Shares of Letters the Lenders Schedule 4.10 - Subsidiaries Schedule 5.11 - Bank Accounts Schedule 6.01 - Existing Permitted Liens Schedule 6.02 - Existing Permitted Debt Schedule 6.05 - Existing Permitted Investments Schedule 10.02 - Addresses for Notice SECOND LIEN CREDIT AGREEMENT This Second Lien Credit Agreement dated as of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageDecember 19, 2016 is among Xxxxxxxx Energy Services LP, a Delaware limited partnership (the “Borrower”), the Guarantors, the Lenders, and Cortland Capital Market Services LLC (“Cortland”), as Administrative Agent for the Lenders. The Borrower, the Guarantors, the Lenders and the Administrative Agent agree as follows:

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 1.2 Computation of Time Periods 34 Section 1.3 Accounting Terms; Changes in GAAP 34 Section 1.4 Classes and Types of Advances 34 Section 1.5 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 35 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT FACILITIES 35 Section 2.01 Revolving Loans 27 2.1 Commitments 35 Section 2.02 Term Loans 27 2.2 Evidence of Indebtedness 37 Section 2.03 Swing Loans 28 Section 2.04 2.3 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 2.4 Swingline Advances 44 Section 2.5 Borrowings; Procedures and Limitations 47 Section 2.6 Prepayments 50 Section 2.7 Repayment of Loans 37 52 Section 2.8 Fees 53 Section 2.9 Interest 54 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 2.11 Breakage Costs 55 Section 3.04 2.12 Increased Costs; Reserves on Eurodollar Rate Loans Costs 56 Section 3.05 Compensation for Losses 2.13 Payments and Computations 57 Section 3.06 2.14 Taxes 59 Section 2.15 Mitigation Obligations; Replacement of Lenders 58 63 Section 3.07 Survival 59 2.16 Increase in Commitments 64 Section 2.17 Defaulting Lender Provisions 65 Section 2.18 Borrowing Base Adjustments 68 ARTICLE III CONDITIONS PRECEDENT 69 Section 3.1 Conditions Precedent to Initial Borrowings and the Initial Letter of Credit 69 Section 3.2 Conditions Precedent to Each Credit Extension 72 Section 3.3 Determinations Under Section 3.1 and Section 3.2 73 ARTICLE IV CONDITIONS PRECEDENT 59 REPRESENTATIONS AND WARRANTIES 73 Section 4.01 Conditions 4.1 Organization 73 Section 4.2 Authorization 73 Section 4.3 Enforceability 74 Section 4.4 Financial Condition 74 Section 4.5 Ownership and Liens; Real Property 74 Section 4.6 True and Complete Disclosure 74 Section 4.7 Litigation 75 Section 4.8 Compliance with Agreements 75 Section 4.9 Pension Plans 75 Section 4.10 Environmental Condition 76 Section 4.11 Subsidiaries 76 Section 4.12 Investment Company Act 76 Section 4.13 Taxes 76 Section 4.14 Permits, Licenses, etc 77 Section 4.15 Use of Effectiveness 59 Proceeds 77 Section 4.02 Conditions to Borrowing 4.16 Condition of Property; Casualties 77 Section 4.17 Insurance 77 Section 4.18 Security Interest 77 Section 4.19 OFAC; Anti-Terrorism 77 Section 4.20 Solvency 78 Section 4.21 Intellectual Property; Licenses, Etc 78 ARTICLE V AFFIRMATIVE COVENANTS 78 Section 5.1 Organization 78 Section 5.2 Reporting 79 Section 5.3 Insurance 83 Section 5.4 Compliance with Laws 84 Section 5.5 Taxes 84 Section 5.6 Security 84 Section 5.7 New Subsidiaries 85 Section 5.8 Records; Inspection 85 Section 5.9 Maintenance of Property 85 Section 5.10 Deposit Accounts; Securities and Issuance Commodity Accounts 86 Section 5.11 Appraisals; Field Exams 86 Section 5.12 Further Assurances 87 Section 5.13 Designation of Senior Debt 87 Section 5.14 Certificated Equipment 87 Section 5.15 FCPA; Sanctions 88 ARTICLE VI NEGATIVE COVENANTS 88 Section 6.1 Debt 88 Section 6.2 Liens 89 Section 6.3 Investments 91 Section 6.4 Acquisitions 92 Section 6.5 Agreements Restricting Liens 93 Section 6.6 Use of Proceeds; Use of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageCredit 93

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 71 Section 1.03 Accounting Terms 26 71 Section 1.04 Rounding 72 Section 1.05 References to Agreements, Laws, Etc. 72 Section 1.06 Times of Day 26 72 Section 1.05 Rounding 26 1.07 Currency Equivalents Generally 72 Section 1.08 Change of Currency 73 Section 1.09 Pro Forma and Other Calculations 73 Section 1.10 Interest Rates; LIBOR Notification 76 Section 1.11 Divisions 76 Section 1.12 Cashless Rolls 76 Section 1.13 Compliance with Certain Sections 76 Section 1.14 Certain Calculations and Tests 77 Section 1.15 Timing of Payment and Performance 77 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS 77 Section 2.01 Revolving The Term Loans 27 77 Section 2.02 Term Loans 27 and Borrowings 77 Section 2.03 Swing Loans 28 Requests for Borrowings 78 Section 2.04 Letters Funding of Credit 28 Borrowing 79 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Interest Elections 79 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or and Reduction of Commitments 37 81 Section 2.09 2.07 Repayment of Loans; Evidence of Debt 81 Section 2.08 Amortization and Repayment of Loans 37 82 Section 2.09 Prepayments 82 Section 2.10 Interest 38 86 Section 2.11 Interest Rate Determination 38 Benchmark Replacement Setting 87 Section 2.12 Fees 39 88 Section 2.13 Computation of Interest and Fees 40 Increased Costs 88 Section 2.14 Evidence of Debt 40 Break Funding Payments 90 Section 2.15 Taxes 90 Section 2.16 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Pro Rata Treatment; Sharing of Payments by Lenders 42 Setoffs 94 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 95 Section 3.07 Survival 59 2.18 Extended Loans 97 Section 2.19 Incremental Borrowings 100 ARTICLE IV III CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS 104 Section 4.01 3.01 Conditions to Closing 104 Section 3.02 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance Making of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageLoans 107

Definitions and Accounting Terms. 1 Section SECTION 1.01 Certain Defined Terms 1 Section SECTION 1.02 Other Interpretive Provisions 25 Section Computation of Time Periods 18 SECTION 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 18 ARTICLE II AMOUNTS AND TERMS OF THE COMMITMENTS ADVANCES SECTION 2.01 The Advances 19 SECTION 2.02 Making the Advances 19 SECTION 2.03 Fees 22 SECTION 2.04 Reduction and Increase of the Commitments; Reduction and Increase of the Swing Line Commitment; Additional Issuing Banks 23 SECTION 2.05 Repayment of Advances 26 SECTION 2.06 Interest on Advances 26 SECTION 2.07 Additional Interest on Eurodollar Rate Advances 27 SECTION 2.08 Interest Rate Determination 27 SECTION 2.09 Voluntary Conversion of Advances 29 SECTION 2.10 Prepayments of Advances 29 SECTION 2.11 Increased Costs 29 SECTION 2.12 Illegality 30 SECTION 2.13 Subsidiary Borrowers 31 ARTICLE III AMOUNT AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 TERMS OF LETTERS OF CREDIT AND PARTICIPATIONS THEREIN SECTION 3.01 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in 31 SECTION 3.02 Limitation on the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Denominated in Alternative Currencies 32 SECTION 3.03 Issuing the Letters of Credit 32 SECTION 3.04 Reimbursement Obligations 33 SECTION 3.05 Participations Purchased by the Lenders 33 SECTION 3.06 Letter of Credit Fees 34 SECTION 3.07 Indemnification; Nature of the Issuing Banks’ Duties 35 SECTION 3.08 Increased Costs 36 SECTION 3.09 Uniform Customs and Practice 37 SECTION 3.10 Reductions and Increases in Issuing Commitment 37 SECTION 3.11 Existing Letters of Credit 38 SECTION 3.12 Currency Provisions 38 SECTION 3.13 Dollar Payment Obligation 39 SECTION 3.14 Applications; Survival of Provisions; Cash Collateral 40 SECTION 3.15 LC Subsidiaries 40 ARTICLE III IV PAYMENTS, TAXES, YIELD PROTECTION EXTENSIONS, ETC. SECTION 4.01 Payments and Computations 40 SECTION 4.02 Taxes 42 SECTION 4.03 Sharing of Payments, Etc. 46 SECTION 4.04 Evidence of Debt/Borrowings 46 SECTION 4.05 Borrower Guaranty 47 ARTICLE V CONDITIONS OF LENDING SECTION 5.01 Conditions Precedent to Effectiveness of this Agreement 49 SECTION 5.02 Conditions Precedent to Each Advance/Issuance 51 ARTICLE VI REPRESENTATIONS AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality WARRANTIES SECTION 6.01 Representations and Warranties of the Borrower 51 ARTICLE VII COVENANTS OF THE BORROWER SECTION 7.01 Affirmative Covenants 54 SECTION 7.02 Negative Covenants 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement SECTION 7.03 Financial Covenants 58 SECTION 7.04 Reporting Requirements 58 ARTICLE VIII EVENTS OF DEFAULT SECTION 8.01 Events of Lenders 58 Section 3.07 Survival 59 Default 60 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageIX THE AGENT

Definitions and Accounting Terms. 1 Section 1.01 1.01. Defined Terms 1 Section 1.02 Other Interpretive 1.02. Rules of Construction 4 Section 1.03. Accounting and Financial Determinations 4 ARTICLE II: THE LOANS Section 2.01. Loans 4 Section 2.02. Note 5 Section 2.03. Scheduled Payments 5 Section 2.04. Prepayments 5 Section 2.05. Interest Provisions 25 5 Section 1.03 Accounting Terms 26 2.06. Payments Absolute 6 Section 1.04 Times of Day 26 2.07. Increased Capital Costs 6 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 2.08. Taxes 6 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 CONDITIONS TO LOANS 6 ARTICLE IV CONDITIONS PRECEDENT 59 REPRESENTATIONS, WARRANTIES AND COVENANTS OF BORROWER 8 ARTICLE V SECURITY INTEREST 10 ARTICLE VI: COVENANTS Section 4.01 6.01. Affirmative Covenants 10 Section 6.02. Negative Covenants 11 Section 6.03. Indemnity 12 Section 6.04. Performance by Lender 13 ARTICLE VII: EVENTS OF DEFAULT Section 7.01. Events of Default 13 Section 7.02. Remedies 14 Section 7.03. Use of Proceeds 14 ARTICLE VIII: MISCELLANEOUS PROVISIONS Section 8.01. Waivers, Amendments 15 Section 8.02. Notices 15 Section 8.03. Severability 15 Section 8.04. Execution in Counterparts 15 Section 8.05. Further Assurance and Corrective Instruments 15 Section 8.06. Time of the Essence 15 Section 8.07. Entire Agreement 15 Section 8.08. Governing Law 15 Section 8.09. Successors and Assigns; Assignments by Lender 15 Section 8.10. Assignments, Participations and Securitizations 15 Section 8.11. Waiver of Jury Trial 16 Section 8.12. Forum Selection and Consent to Jurisdiction 16 Section 8.13. Waiver of Certain Claims 17 SCHEDULES SCHEDULE I — Additional Definitions SCHEDULE II — Additional Conditions Precedent SCHEDULE III — Financial Covenants SCHEDULE IV — Disclosure Statements SCHEDULE V — List of Effectiveness 59 Section 4.02 Conditions to Borrowing Subsidiaries LOAN AGREEMENT THIS LOAN AGREEMENT (this “Agreement”) dated as of December 29, 2010 between STELLARIS, a Nevada limited liability company (together with its successors and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pageassigns, “Borrower”), and RBS ASSET FINANCE, INC., a New York corporation (together with its successors and assigns, “Lender”).

Definitions and Accounting Terms. 1 Section 1.01 1.1. Defined Terms 1 Section 1.02 Other Interpretive Provisions 1.2. Use of Defined Terms 18 Section 1.3. Cross-References 19 Section 1.4. Accounting and Financial Determinations 19 ARTICLE II COMMITMENT AND BORROWING PROCEDURES Section 2.1. Commitment 19 Section 2.2. Borrowing Procedure 19 Section 2.3. Funding 19 Section 2.4. Reduction of the Commitment Amounts 20 ARTICLE III REPAYMENTS, PREPAYMENTS, INTEREST AND FEES Section 3.1. Repayments and Prepayments; Application 20 Section 3.2. Repayments and Prepayments 20 Section 3.3. Application 21 Section 3.4. Interest Rate 21 Section 3.5. Default Rate 21 Section 3.6. Payment Dates 21 Section 3.7. Prepayment Premium 21 Section 3.8. Additional Interest Premium Payment 21 ARTICLE IV LIBO RATE AND OTHER PROVISIONS Section 4.1. Increased Costs, Etc. 22 Section 4.2. Increased Capital Costs 22 Section 4.3. Taxes 22 Section 4.4. Payments, Computations; Proceeds of Collateral, Etc. 24 Section 4.5. Setoff 25 Section 1.03 Accounting Terms 4.6. LIBO Rate Not Determinable 25 ARTICLE V CONDITIONS TO MAKING THE LOANS Section 5.1. Credit Extensions 25 Section 5.2. Secretary’s Certificate, Etc. 26 Section 1.04 Times of Day 5.3. Closing Date Certificate 26 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 5.4. Payment of Outstanding Indebtedness, Etc. 27 Section 2.01 Revolving Loans 5.5. Delivery of Note 27 Section 2.02 Term Loans 5.6. Financial Information, Etc. 27 Section 2.03 Swing Loans 5.7. Compliance Certificate 27 Section 5.8. Solvency, Etc. 27 Section 5.9. Guarantee 27 Section 5.10. Security Documents 28 Section 2.04 Letters of Credit 5.11. [Intentionally Omitted] 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings5.12. Opinions of Counsel 28 Section 5.13. Insurance 28 Section 5.14. Closing Fees, Swing Loan Borrowings Expenses, Etc. 29 Section 2.06 Conversions or Continuations 5.15. Anti-Terrorism Laws 29 Section 5.16. Satisfactory Legal Form 29 Section 5.17. Disclosure Schedules 29 Section 5.18. Second Tranche Loan Security Documents 29 ARTICLE VI REPRESENTATIONS AND WARRANTIES Section 6.1. Organization, Etc. 29 Section 6.2. Due Authorization, Non-Contravention, Etc. 30 Section 6.3. Government Approval, Regulation, Etc. 30 Section 6.4. Validity, Etc. 30 Section 6.5. Financial Information 30 Section 6.6. No Material Adverse Change 30 Section 6.7. Litigation, Labor Matters and Environmental Matters 30 Section 6.8. Subsidiaries 31 Section 6.9. Ownership of Properties 31 Section 6.10. Taxes 31 Section 6.11. Benefit Plans, Etc. 31 Section 6.12. Accuracy of Information 32 Section 6.13. Regulations U and X 32 Section 6.14. Solvency 32 Section 6.15. Intellectual Property 32 Section 6.16. Material Agreements 34 Section 2.07 Prepayments 35 6.17. Permits 34 Section 2.08 Termination or Reduction of Commitments 6.18. Regulatory Matters 34 Section 6.19. Transactions with Affiliates 37 Section 2.09 Repayment of Loans 6.20. Investment Company Act 37 Section 2.10 Interest 38 6.21. OFAC 37 Section 2.11 Interest Rate Determination 38 6.22. Holding Companies; Excluded Subsidiaries 37 Section 2.12 Fees 39 Section 2.13 Computation of Interest 6.23. Deposit and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageDisbursement Accounts 37

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 1.2 Use of Defined Terms 37 Section 1.03 1.3 Certain Rules of Construction 37 Section 1.4 Accounting Terms 26 and Financial Determinations 38 Section 1.04 Times of Day 26 1.5 Rounding 38 Section 1.05 Rounding 26 ARTICLE II THE 1.6 Pro Forma Calculations 38 Section 1.7 Amendment and Restatement; No Novation 38 Article II. COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS 39 Section 2.01 Revolving Loans 27 2.1 Commitments 39 Section 2.02 Term Loans 27 2.2 Reduction of the Commitment Amounts 40 Section 2.03 Swing Loans 28 2.3 Borrowing Procedures 40 Section 2.04 2.4 Continuation and Conversion Elections 41 Section 2.5 Funding 41 Section 2.6 Letters of Credit 28 42 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, 2.7 Swing Loan Borrowings 29 Line Loans 47 Section 2.06 Conversions or Continuations 34 2.8 Notes 49 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 2.9 Cashless Settlement 49 Section 2.10 Increase in Commitment 49 Article III. PAYMENTS, INTEREST AND FEES 53 Section 3.1 Repayments and Prepayments 53 Section 3.2 Interest 38 Provisions 56 Section 2.11 Interest Rate Determination 38 3.3 Fees 57 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; 3.4 Administrative Agent’s Clawback 41 Fees, etc 58 Article IV. YIELD PROTECTION, TAXES AND RELATED PROVISIONS 58 Section 2.16 Sharing of Payments by Lenders 42 4.1 Eurodollar Rate Lending Unlawful 58 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 4.2 Inability to Determine Rates 55 58 Section 3.04 4.3 Increased Costs, Generally 59 Section 4.4 Funding Losses 60 Section 4.5 Increased Capital Requirements 61 Section 4.6 Certificates for Reimbursement; Reserves on Eurodollar Rate Loans 56 Delay in Request 61 Section 3.05 Compensation for Losses 57 4.7 Taxes 61 Section 3.06 Mitigation Obligations; 4.8 Payments, Interest Calculations, etc. 65 Section 4.9 Sharing of Payments 66 Section 4.10 Setoff 67 Section 4.11 Use of Proceeds 67 Section 4.12 Funding and Payment Reliance, etc 68 Section 4.13 Designation of a Different Lending Office 69 Section 4.14 Replacement of Lenders 58 69 Section 3.07 Survival 59 ARTICLE IV 4.15 Defaulting Lenders 70 Section 4.16 Cash Collateral by the Borrower 72 Article V. CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS 73 Section 4.01 Conditions of Effectiveness 59 Section 4.02 5.1 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageEffective Date 73

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 1.2 Computation of Time Periods 29 Section 1.3 Accounting Terms; Changes in GAAP 29 Section 1.4 Classes and Types of Advances 29 Section 1.5 Other Interpretive Provisions 25 30 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 1.6 Exchange Rates; Currency Equivalents 30 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT FACILITIES 30 Section 2.01 Revolving Loans 27 2.1 Commitments 30 Section 2.02 Term Loans 27 2.2 Evidence of Indebtedness 31 Section 2.03 Swing Loans 28 Section 2.04 2.3 Letters of Credit 28 32 Section 2.05 Term Loan Borrowing2.4 Borrowings; Revolving Loan Borrowings, Swing Loan Borrowings 29 Procedures and Limitations 38 Section 2.06 Conversions or Continuations 34 2.5 Prepayments 41 Section 2.07 Prepayments 35 2.6 Repayment 42 Section 2.08 Termination or Reduction of Commitments 37 2.7 Fees 43 Section 2.09 Repayment of Loans 37 2.8 Interest 43 Section 2.9 Illegality 44 Section 2.10 Interest 38 Breakage Costs 45 Section 2.11 Interest Rate Determination 38 Increased Costs 45 Section 2.12 Fees 39 Payments and Computations 47 Section 2.13 Computation of Interest and Fees 40 Taxes 49 Section 2.14 Evidence Change of Debt 40 Lenders 52 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Defaulting Lender Provisions 53 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 XXXX Events 55 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans CONDITIONS PRECEDENT 56 Section 3.05 Compensation for Losses 57 3.1 Conditions Precedent to the Effective Date 56 Section 3.06 Mitigation Obligations; Replacement of Lenders 3.2 Conditions Precedent to Funding Date 56 Section 3.3 Conditions Precedent to Each Credit Extension 58 Section 3.07 Survival 3.4 Determinations Under Section 3 59 ARTICLE IV CONDITIONS PRECEDENT REPRESENTATIONS AND WARRANTIES 59 Section 4.01 Conditions of Effectiveness 4.1 Organization 59 Section 4.02 Conditions to Borrowing 4.2 Authorization 59 Section 4.3 Enforceability 60 Section 4.4 Financial Condition 60 Section 4.5 Ownership and Issuance of Letters of Credits Liens; Real Property 60 Section 4.6 True and Complete Disclosure 60 Section 4.7 Litigation 61 Section 4.03 Conditions to Commitment Increases 4.8 Compliance with Agreements 61 PageSection 4.9 Pension Plans 61 Section 4.10 Environmental Condition 62 Section 4.11 Subsidiaries 62 Section 4.12 Investment Company Act 63 Section 4.13 Taxes 63 Section 4.14 Permits, Licenses, etc 63 Section 4.15 Use of Proceeds 63 Section 4.16 Condition of Property; Casualties 63 Section 4.17 Insurance 63 Section 4.18 Security Interest 63

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 23 1.03 Accounting Terms 26 Section 24 1.04 Rounding 25 1.05 Times of Day 26 Section 1.05 Rounding 26 25 1.06 Letter of Credit Amounts 25 ARTICLE II II. THE COMMITMENTS AND LOANS CREDIT EXTENSIONS 25 2.01 Committed Loans 25 2.02 Borrowings, Conversions and Continuations of Committed Loans 26 2.03 [Intentionally omitted] 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 27 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section Line Loans 36 2.06 Conversions or Continuations 34 Section Prepayments 39 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 40 2.08 Repayment of Loans 37 Section 40 2.09 Interest 40 2.10 Interest 38 Section Fees 41 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Fees; Retroactive Adjustments of Applicable Rate 42 2.12 Evidence of Debt 40 Section 2.15 42 2.13 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 43 2.14 Sharing of Payments by Lenders 42 Section 2.17 45 2.15 [Intentionally omitted] 45 2.16 Increase in the Aggregate Revolving Credit Commitments 42 Section 45 2.17 Cash Collateral 47 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit Defaulting Lenders 48 ARTICLE III III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 49 3.01 Taxes 52 Section 49 3.02 Illegality 55 Section 54 3.03 Inability to Determine Rates 55 Section 54 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 55 3.05 Compensation for Losses 57 Section 56 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 57 3.07 Survival 59 58 ARTICLE IV IV. CONDITIONS PRECEDENT 59 Section TO CLOSING DATE AND CREDIT EXTENSIONS 58 4.01 Conditions of Effectiveness 59 Section Initial Credit Extension 58 4.02 Conditions to Borrowing all Credit Extensions 59 ARTICLE V. REPRESENTATIONS AND WARRANTIES 60 5.01 Existence, Qualification and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PagePower 60 5.02 Authorization; No Contravention 60 i

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 16 1.03 Accounting Terms 26 Section 17 1.04 Rounding 17 1.05 Times of Day 26 Section 1.05 Rounding 26 18 ARTICLE II II. THE COMMITMENTS AND LOANS 27 Section CREDIT EXTENSIONS 18 2.01 Revolving Committed Loans 27 Section 18 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Committed Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or and Continuations 34 Section 2.07 of Committed Loans 18 2.03 Prepayments 35 Section 2.08 19 2.04 Termination or Reduction of Commitments 37 Section 2.09 20 2.05 Repayment of Loans 37 Section 2.10 20 2.06 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 20 2.07 Fees 39 Section 2.13 20 2.08 Computation of Interest and Fees 40 Section 2.14 21 2.09 Evidence of Debt 40 Section 2.15 21 2.10 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 21 2.11 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 23 2.12 Defaulting Lenders 23 ARTICLE III III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 25 3.01 Taxes 52 Section 25 3.02 Illegality 55 Section 29 3.03 Inability to Determine Rates 55 Section 29 3.04 Increased Costs; Reserves on Eurodollar Eurocurrency Rate Loans 56 Section 30 3.05 Compensation for Losses 57 Section 31 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 32 3.07 Survival 59 32 ARTICLE IV IV. CONDITIONS PRECEDENT 59 Section TO CREDIT EXTENSIONS 32 4.01 Conditions of Effectiveness 59 Section Closing 32 4.02 Conditions to Borrowing all Credit Extensions 34 ARTICLE V. REPRESENTATIONS AND WARRANTIES 34 5.01 Existence, Qualification and Issuance Power 34 5.02 Authorization; No Contravention 35 5.03 Governmental Authorization 35 5.04 Binding Effect 35 5.05 Financial Statements; No Material Adverse Effect 35 5.06 Litigation 35 5.07 Ownership of Letters Property; Liens 36 5.08 Environmental Compliance 36 5.09 Insurance 36 5.10 Taxes 36 5.11 ERISA Compliance 36 TABLE OF CONTENTS (continued) Page 5.12 Margin Regulations; Investment Company Act 37 5.13 Disclosure 37 5.14 Compliance with Laws 37 5.15 Taxpayer Identification Number; Other Identifying Information 37 5.16 OFAC 37 ARTICLE VI. AFFIRMATIVE COVENANTS 38 6.01 Financial Statements 38 6.02 Certificates; Other Information 39 6.03 Notices 40 6.04 Payment of Credits Obligations 40 6.05 Preservation of Existence, Etc 40 6.06 Maintenance of Properties; Maintenance of Insurance 40 6.07 Compliance with Laws 41 6.08 Inspection Rights; Books and Records 41 6.09 Use of Proceeds 41 ARTICLE VII. NEGATIVE COVENANTS 41 7.01 Liens 41 7.02 Subsidiary Indebtedness 43 7.03 Fundamental Changes 43 7.04 Dispositions 44 7.05 Transactions with Affiliates 44 7.06 Consolidated Leverage Ratio 44 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 45 8.01 Events of Default 45 8.02 Remedies Upon Event of Default 46 8.03 Application of Funds 47 ARTICLE IX. ADMINISTRATIVE AGENT 47 9.01 Appointment and Authority 47 9.02 Rights as a Lender 48 9.03 Exculpatory Provisions 48 9.04 Reliance by Administrative Agent 49 9.05 Delegation of Duties 49 9.06 Resignation of Administrative Agent 49 9.07 Non-Reliance on Administrative Agent and Other Lenders 50 9.08 No Other Duties, Etc. 50 9.09 Administrative Agent May File Proofs of Claim 50 ARTICLE X. MISCELLANEOUS 51 10.01 Amendments, Etc 51 10.02 Notices; Effectiveness; Electronic Communication 52 10.03 No Waiver; Cumulative Remedies; Enforcement 54 10.04 Expenses; Indemnity; Damage Waiver 54 10.05 Payments Set Aside 57 TABLE OF CONTENTS (continued) Page 10.06 Successors and Assigns 57 10.07 Treatment of Certain Information; Confidentiality 61 Section 4.03 Conditions to Commitment Increases 61 Page10.08 Right of Setoff 62 10.09 Interest Rate Limitation 63 10.10 Counterparts; Integration; Effectiveness 63 10.11 Survival of Representations and Warranties 63 10.12 Severability 63 10.13 Replacement of Lenders 64 10.14 Governing Law; Jurisdiction; Etc. 64 10.15 Waiver of Jury Trial 65 10.16 No Advisory or Fiduciary Responsibility 66 10.17 Electronic Execution of Assignments and Certain Other Documents 66 10.18 USA PATRIOT Act Notice 66 SCHEDULES

Definitions and Accounting Terms. 1 Section 1.01 1.01. Defined Terms 1 Section 1.02 1.02. Other Interpretive Provisions 25 32 Section 1.03 1.03. Accounting Terms 26 33 Section 1.04 1.04. Petroleum Terms 33 Section 1.05. Rounding 33 Section 1.06. Times of Day 26 33 Section 1.05 Rounding 26 1.07. Letter of Credit Amounts 34 ARTICLE II 2 THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving 2.01. Committed Loans 27 34 Section 2.02 Term 2.02. Borrowings, Conversions and Continuations of Committed Loans 27 34 Section 2.03 Swing Loans 28 Section 2.04 2.03. Letters of Credit 28 36 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, 2.04. Swing Loan Borrowings 29 Line Loans 47 Section 2.06 Conversions or Continuations 34 2.05. Borrowing Base 51 Section 2.07 2.06. Prepayments 35 54 Section 2.08 2.07. Termination or Reduction of Commitments 37 57 Section 2.09 2.08. Repayment of Loans 37 57 Section 2.10 2.09. Interest 38 57 Section 2.11 Interest Rate Determination 38 2.10. Fees 58 Section 2.12 Fees 39 Section 2.13 2.11. Computation of Interest and Fees 40 59 Section 2.14 2.12. Evidence of Debt 40 59 Section 2.15 2.13. Payments Generally; Administrative Agent’s Clawback 41 Clawback. 60 Section 2.16 2.14. Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 62 ARTICLE III 3 TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 3.01. Taxes. 63 Section 3.02 3.02. Illegality 55 65 Section 3.03 3.03. Inability to Determine Rates 55 66 Section 3.04 3.04. Increased Costs; Reserves on Eurodollar Rate Loans 56 66 Section 3.05 3.05. Compensation for Losses 57 68 Section 3.06 3.06. Mitigation Obligations; Replacement of Lenders 58 69 Section 3.07 3.07. Survival 59 69 ARTICLE IV 4 CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of 4.01. Effectiveness 59 70 Section 4.02 4.02. Conditions to Borrowing all Credit Extensions 73 Section 4.03. Agreement to Deliver Mortgages 74 Section 4.04. Agreement to Deliver Title Information 74 ARTICLE 5 REPRESENTATIONS AND WARRANTIES Section 5.01. Existence, Qualification and Issuance Power 75 Section 5.02. Authorization; No Contravention 75 Section 5.03. Governmental Authorization; Other Consents 76 Section 5.04. Binding Effect 76 Section 5.05. Financial Statements; No Material Adverse Effect 76 Section 5.06. Litigation 77 Section 5.07. No Default 77 Section 5.08. Ownership of Letters Property; Liens 77 Section 5.09. Environmental Compliance 77 Section 5.10. Insurance 78 Section 5.11. Taxes 78 Section 5.12. ERISA Compliance 78 Section 5.13. Subsidiaries; Equity Interests; Loan Parties 79 Section 5.14. Margin Regulations; Investment Company Act 79 Section 5.15. Disclosure 80 Section 5.16. Compliance with Laws 80 Section 5.17. Solvency 80 Section 5.18. Casualty, Etc. 80 Section 5.19. Labor Matters 81 Section 5.20. Collateral Documents 81 Section 5.21. Engineered Oil and Gas Properties 81 Section 5.22. Sale of Credits 61 Production 82 ARTICLE 6 AFFIRMATIVE COVENANTS Section 4.03 Conditions 6.01. Financial Statements 84 Section 6.02. Certificates; Other Information 86 Section 6.03. Notices 88 Section 6.04. Payment of Obligations 89 Section 6.05. Preservation of Existence, Etc 89 Section 6.06. Maintenance of Properties 89 Section 6.07. Maintenance of Insurance. 90 Section 6.08. Compliance with Laws 90 Section 6.09. Books and Records 90 Section 6.10. Inspection Rights 91 Section 6.11. Use of Proceeds 91 Section 6.12. Covenant to Commitment Increases 61 PageGuarantee Obligations and Give Security 91 Section 6.13. Compliance with Environmental Laws 93 Section 6.14. Further Assurances 93 Section 6.15. Production Proceeds 94 ARTICLE 7 NEGATIVE COVENANTS Section 7.01. Liens 94 Section 7.02. Investments 97 Section 7.03. Indebtedness 98 Section 7.04. Fundamental Changes 101 Section 7.05. Dispositions 102 Section 7.06. Restricted Payments 103 Section 7.07. Change in Nature of Business 104 Section 7.08. Transactions with Affiliates 104 Section 7.09. Burdensome Agreements 105 Section 7.10. Use of Proceeds 105 Section 7.11. Financial Covenants 106 Section 7.12. Hedge Transactions 106 ARTICLE 8 EVENTS OF DEFAULT AND REMEDIES Section 8.01. Events of Default 106 Section 8.02. Remedies Upon Event of Default 109 Section 8.03. Application of Funds 109 ARTICLE 9 ADMINISTRATIVE AGENT Section 9.01. Appointment and Authority 110 Section 9.02. Rights as a Lender 111 Section 9.03. Exculpatory Provisions 111 Section 9.04. Reliance by Administrative Agent 112 Section 9.05. Delegation of Duties 113 Section 9.06. Resignation of Administrative Agent 113 Section 9.07. Non-Reliance on Administrative Agent and Other Lenders 114 Section 9.08. No Other Duties, Etc. 114 Section 9.09. Administrative Agent May File Proofs of Claim 115 Section 9.10. Collateral and Guaranty Matters 115 ARTICLE 10 MISCELLANEOUS

Definitions and Accounting Terms. 1 Section 1.01 SECTION 1.01. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 SECTION 1.02. Terms Generally 27 SECTION 1.03. Computation of Time Periods 27 SECTION 1.04. Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 ARTICLE 27 Article II AMOUNTS AND TERMS OF THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans ADVANCES 28 Section 2.04 SECTION 2.01. The Advances 28 SECTION 2.02. Making the Advances 28 SECTION 2.03. Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments SECTION 2.04. Fees 35 Section 2.08 SECTION 2.05. Termination or Reduction of the Commitments 37 Section 2.09 36 SECTION 2.06. Repayment of Loans 37 Section 2.10 Advances 36 SECTION 2.07. Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 on Advances 36 SECTION 2.08. Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 37 SECTION 2.09. Inability to Determine Rates 55 Section 3.04 Interest Rate. 37 SECTION 2.10. Conversion of Advances. 38 SECTION 2.11. Prepayments of Advances 38 SECTION 2.12. Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 . 39 SECTION 2.13. Illegality. 40 SECTION 2.14. Payments. 41 SECTION 2.15. Taxes. 41 SECTION 2.16. Sharing of Payments, Etc. 43 SECTION 2.17. Evidence of Debt. 44 SECTION 2.18. Use of Proceeds. 45 SECTION 2.19. Swing Line Loans. 45 SECTION 2.20. Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival Lenders. 47 SECTION 2.21. Cash Collateral. 48 SECTION 2.22. Defaulting Lenders. 49 SECTION 2.23. Breakage. 52 SECTION 2.24. Administrative Agent’s Clawback. 53 SECTION 2.25. Accordion. 53 Article III 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 SECTION 3.01. Conditions Precedent to Closing Date. 59 SECTION 3.02. Conditions Precedent to Each Loan Event. 62 Article IV 63 REPRESENTATIONS AND WARRANTIES 63 CHAR2\1701593v10 SECTION 4.01. Representations and Warranties of Effectiveness 59 Section 4.02 Conditions to Borrowing the Borrowers. 63 Article V 67 COVENANTS OF THE BORROWERS 67 SECTION 5.01. Affirmative Covenants 67 SECTION 5.02. Rayonier’s Additional Affirmative Covenants. 74 SECTION 5.03. Negative Covenants. 75 SECTION 5.04. Financial Covenants 79 Article VI 80 EVENTS OF DEFAULT 80 SECTION 6.01. Events of Default. 80 Article VII 84 THE ADMINISTRATIVE AGENT 84 SECTION 7.01. Appointment and Issuance Authority. 84 SECTION 7.02. Rights as a Lender. 85 SECTION 7.03. Exculpatory Provisions. 85 SECTION 7.04. Reliance by Administrative Agent 86 SECTION 7.06. Resignation of Administrative Agent. 87 SECTION 7.07. Non-Reliance on Administrative Agent and Other Lenders 88 SECTION 7.08. No Other Duties, Etc. 88 SECTION 7.09. Administrative Agent May File Proofs of Claim. 88 SECTION 7.10. Guarantee Matters. 89 Article VIII 89 MISCELLANEOUS 89 SECTION 8.01. Amendments, Etc. 89 SECTION 8.02. Notices; Effectiveness; Electronic Communication. 90 SECTION 8.03. No Waiver; Remedies. 92 SECTION 8.04. Costs and Expenses 92 SECTION 8.05. Right of Set-off. 94 SECTION 8.06. Binding Effect. 95 SECTION 8.07. Successors and Assigns. 95 SECTION 8.08. Rayonier as Agent. 100 SECTION 8.09. Treatment of Certain Information; Confidentiality. 100 SECTION 8.10. Governing Law; Jurisdiction; Etc. 101 SECTION 8.11. Headings. 102 SECTION 8.12. Severability. 102 SECTION 8.13. Counterparts; Integration; Effectiveness; Electronic Execution. 102 SECTION 8.14. USA PATRIOT Act Notice. 103 SECTION 8.15. Waiver of Jury Trial. 103 Schedules Schedule I - Commitment Amounts Schedule 2.03 - Existing Letters of Credits 61 Section 4.03 Conditions Credit Schedule 4.01(l) - Environmental Matters Schedule 4.01(m) - NPL Properties Schedule 4.01(n) - Transport of Hazardous Materials Schedule 4.01(o) - Post Retirement Benefit Obligations Schedule 5.03(b) - Existing Liens Schedule 5.03(g) - Existing Subsidiary Debt Schedule 8.07(f) - Voting Participants at Closing Exhibits Exhibit A-1 - Form of Revolving Credit Note Exhibit A-2 - Form of Term Loan Note Exhibit A-3 - Form of Swing Line Note Exhibit B - Form of Notice of Borrowing Exhibit C - Form of Guarantee Agreement Exhibit D - Form of Closing Certificate Exhibit E - Form of Assignment and Assumption Exhibit F - Form of Solvency Certificate CREDIT AGREEMENT, dated as of August 5, 2015 (as supplemented, modified, restated and amended from time to Commitment Increases 61 Pagetime, this “Agreement”), made by and among RAYONIER INC., a North Carolina corporation (“Rayonier”), RAYONIER TRS HOLDINGS INC., a Delaware corporation (“TRS”), and RAYONIER OPERATING COMPANY LLC, a Delaware limited liability company (“ROC”; each of Rayonier, TRS and ROC being referred to herein individually as a “Borrower”, and collectively as the “Borrowers”), the several banks, financial institutions and other institutional lenders from time to time party hereto as Lenders (as defined below), COBANK, ACB, (“CoBank”), as administrative agent on behalf of the Lenders (in such capacity, the “Administrative Agent”), Swing Line Lender (as defined below) and as Issuing Bank (as defined below) and CoBank, as Sole Bookrunner and Sole Lead Arranger.

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 19 1.03 Accounting Terms 26 Section 19 1.04 Rounding 19 1.05 Times of Day 26 Section 1.05 Rounding 26 19 1.06 Letter of Credit Amounts 19 ARTICLE II II. THE COMMITMENTS AND LOANS 27 Section CREDIT EXTENSIONS 20 2.01 Revolving Loans 27 Section 2.02 Loans; Term Loans 27 Section 20 2.02 Revolving and Term Borrowings, Conversions and Continuations 20 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 21 2.04 Swing Line Loans 27 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings Prepayments 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Revolving Commitments 37 Section 2.09 29 2.07 Repayment of Loans 37 Section 30 2.08 Interest 31 2.09 Fees 31 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 31 2.11 Evidence of Debt 40 Section 2.15 32 2.13 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 32 2.14 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit 33 2.15 Additional Term Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 34 ARTICLE III III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 35 3.01 Taxes 52 Section 35 3.02 Illegality 55 Section 36 3.03 Inability to Determine Rates 55 Section 36 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section Costs 36 3.05 Compensation for Losses 57 Section 37 3.06 Mitigation Obligations; Replacement of Lenders 58 Section Obligations 38 3.07 Survival 59 38 ARTICLE IV IV. GUARANTY 38 4.01 Guaranty 38 4.02 Guaranty to be Absolute 38 4.03 Authorized Action 38 4.04 Guarantors’ Waivers 39 4.05 Waivers of Subrogation and Other Rights 39 4.05 Right to Non-judicially Foreclose 39 4.06 Revival and Reinstatement 40 4.07 Information Regarding Borrower 41 4.08 Subordination 41 4.09 Additional and Independent Obligations 41 ARTICLE V. CONDITIONS PRECEDENT 59 Section 4.01 TO CREDIT EXTENSIONS 41 5.01 Conditions of Effectiveness 59 Section 4.02 Initial Credit Extension 41 5.02 Conditions to Borrowing all Credit Extensions 42 ARTICLE VI. REPRESENTATIONS AND WARRANTIES 43 6.01 Financial Condition; No Change 43 6.02 Corporate Existence; Power; Etc. 43 6.03 Authorization; No Contravention 43 6.04 Binding Effect 44 6.05 Governmental Authorization; Other Consents 44 6.06 Litigation 44 6.07 Taxes 44 6.08 Margin Regulations; Investment Company Act 44 6.09 Subsidiaries 44 6.10 ERISA Compliance 44 6.11 Ownership of Property; Liens 45 6.12 No Default 45 6.13 Insurance 45 6.14 Disclosure 45 6.15 Compliance with Laws 45 6.16 Environmental Compliance 46 6.17 Security Documents 46 6.19 Intellectual Property; Licenses, Etc. 46 ARTICLE VII. AFFIRMATIVE COVENANTS 46 7.01 Financial Statements 46 7.02 Certificates; Other Information 47 7.03 Payment of Indebtedness 48 7.04 Maintenance of Existence and Issuance Properties 48 7.05 Inspection of Letters Property; Books and Records; Discussions 48 7.06 Notices 48 7.07 Maintenance of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageInsurance 49 7.08 Environmental Compliance 49 7.09 ERISA 49 7.10 Permitted Xxxxxx 50 7.11 Payment of Obligations 50 7.12 Compliance with Laws 50 7.13 Books and Records 50 7.14 Use of Proceeds 51 7.15 Collateral; Guarantors 51 ARTICLE VIII. NEGATIVE COVENANTS 51 8.01 Liens 51 8.02 Investments 52 8.03 Funded Debt 52 8.04 Fundamental Changes 52 8.05 Acquisitions 52 8.06 Investments; Advances 53 8.07 Dispositions 53 8.08 Change in Nature of Business 53 8.09 Financial Covenants 53 8.10 Capital Expenditures 54 8.11 Hedge Agreements 54 8.12 Transactions with Affiliates; Creation of Subsidiaries 54 8.13 Burdensome Agreements 54 8.14 Use of Proceeds 54

Definitions and Accounting Terms. 1 Section 1.01 1.01. Certain Defined Terms 1 2 Section 1.02 Other Interpretive Provisions 25 1.02. Computation of Time Periods 51 Section 1.03 1.03. Accounting Terms 26 51 Section 1.04 Times 1.04. Terms Generally 52 Section 1.05. [Reserved] 52 Section 1.06. Certain Additional Committed Currencies 53 Section 1.07. Pro Forma Calculations 54 Section 1.08. Classification of Day 26 Section 1.05 Rounding 26 Loans and Borrowings 55 ARTICLE II AMOUNTS AND TERMS OF THE COMMITMENTS TRANCHE B LOANS, TRANCHE B2 LOANS, TERM ADVANCES, REVOLVING CREDIT ADVANCES AND LOANS 27 LETTERS OF CREDIT Section 2.01 Revolving 2.01. The Tranche B Loans 27 55 Section 2.02 Term Loans 27 2.02. Making the Advances 58 Section 2.03 Swing Loans 28 Section 2.04 2.03. Issuance of and Drawings and Reimbursement Under Letters of Credit 28 59 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 2.04. Fees 63 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 2.05. Optional Termination or Reduction of the Commitments 37 64 Section 2.09 2.06. Repayment of Loans 37 Advances and Letter of Credit Drawings 64 Section 2.10 2.07. Interest 38 on Advances 66 Section 2.11 2.08. Interest Rate Determination 38 67 Section 2.12 Fees 39 2.09. Optional Conversion of Advances 70 Section 2.13 Computation 2.10. Prepayments of Interest Advances 70 Section 2.11. Increased Costs 73 Section 2.12. Illegality 74 Section 2.13. Payments and Fees 40 Computations 75 Section 2.14 2.14. Taxes 77 Section 2.15. Sharing of Payments, Etc. 81 Section 2.16. Evidence of Debt 40 81 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 2.17. Use of Proceeds 82 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 2.18. Mitigation Obligations; Replacement of Lenders 58 83 Section 3.07 Survival 59 2.19. Cash Collateral 84 Section 2.20. Defaulting Lenders 85 Section 2.21. [Reserved] 88 Section 2.22. Extension of Termination Date 88 * The Table of Contents is not part of this Agreement. Section 2.23. Incremental Facilities 89 Section 2.24. Specified Refinancing Debt 93 ARTICLE IV III CONDITIONS PRECEDENT 59 TO EFFECTIVENESS AND LENDING Section 4.01 3.01. Conditions of Precedent to Effectiveness 59 94 Section 4.02 3.02. Conditions Precedent to a Borrowing on the Engility Closing Date 99 Section 3.03. Conditions Precedent to a Borrowing on the Fall-Away Date 102 Section 3.04. Conditions Precedent to Each Revolving Credit Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page102

Definitions and Accounting Terms. 1 Section 1.01 1.1. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 1.2. Computation of Time Periods 21 Section 1.3. Accounting Terms; Changes in GAAP 21 Section 1.4. Types of Advances 22 Section 1.5. Miscellaneous 22 ARTICLE 2 CREDIT FACILITY 22 Section 2.1. Commitments 22 Section 2.2. Advances 23 Section 2.3. Prepayments 25 Section 1.03 Accounting Terms 2.4. Repayment 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 2.5. Fees 27 Section 2.01 Revolving Loans 2.6. Interest 27 Section 2.02 Term Loans 2.7. Illegality 27 Section 2.03 Swing Loans 2.8. Breakage Costs 28 Section 2.04 Letters of Credit 2.9. Increased Costs 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 2.10. Payments and Computations 29 Section 2.06 Conversions or Continuations 34 2.11. Taxes 30 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; 2.12. Replacement of Lenders 34 Section 2.13. [Reserved] 34 Section 2.14. Incremental Advances 34 ARTICLE 3 CONDITIONS OF LENDING 36 Section 3.1. Conditions Precedent to Initial Borrowings 36 Section 3.2. Determinations Under Section 3.1 38 ARTICLE 4 REPRESENTATIONS AND WARRANTIES 39 Section 4.1. Organization 39 Section 4.2. Authorization 39 Section 4.3. Enforceability 39 Section 4.4. Financial Condition 39 Section 4.5. Ownership and Liens; Real Property 40 Section 4.6. True and Complete Disclosure 40 Section 4.7. Litigation 40 Section 4.8. Compliance with Agreements 40 Section 4.9. Pension Plans 41 Section 4.10. Environmental Condition 41 Section 4.11. Subsidiaries 42 Section 4.12. Investment Company Act 42 Section 4.13. Taxes 42 Section 4.14. Permits, Licenses, etc 42 Section 4.15. Use of Proceeds 43 -i- NY\6260051.12 Section 4.16. Condition of Property; Casualties 43 Section 4.17. Insurance 43 Section 4.18. Security Interest 43 Section 4.19. OFAC; Anti-Terrorism; Patriot Act; FCPA 43 Section 4.20. Solvency 44 Section 4.21. Status as Senior Debt 44 ARTICLE 5 AFFIRMATIVE COVENANTS 44 Section 5.1. Organization 44 Section 5.2. Reporting 44 Section 5.3. Insurance 46 Section 5.4. Compliance with Laws 47 Section 5.5. Taxes 47 Section 5.6. New Subsidiaries 47 Section 5.7. Security 47 Section 5.8. Deposit Accounts 48 Section 5.9. Records; Inspection 48 Section 5.9. Maintenance of Property 48 Section 5.11. Royalty Agreements 49 Section 5.12. Further Assurances 49 Section 5.13. Legal Separateness 49 Section 5.14. Post-Closing Obligations 49 ARTICLE 6 NEGATIVE COVENANTS 50 Section 6.1. Debt 50 Section 6.2. Liens 52 Section 6.3. Investments 54 Section 6.4. Acquisitions 55 Section 6.5. Agreements Restricting Liens 55 Section 6.6. Use of Proceeds 55 Section 6.7. Corporate Actions; Accounting Changes 56 Section 6.8. Sale of Assets 56 Section 6.9. Restricted Payments 57 Section 6.10. Affiliate Transactions 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 6.11. Line of Business 58 Section 6.12. Hazardous Materials 58 Section 6.13. Compliance with ERISA 58 Section 6.14. Sale and Leaseback Transactions 59 Section 4.01 Conditions of Effectiveness 6.15. Limitation on Hedging 59 Section 4.02 Conditions to Borrowing and Issuance 6.16. Landlord Agreements 59 Section 6.17. Operating Leases 60 Section 6.18. Prepayment of Letters Certain Debt 60 Section 6.19. Amendment of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageSubordinated Debt or Revolving Loan 60 NY\6260051.12

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 1.2 Use of Defined Terms 38 Section 1.03 1.3 Cross-References 38 Section 1.4 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 and Financial Determinations 38 ARTICLE II THE COMMITMENTS REVOLVING LOAN COMMITMENT AND LOANS 27 BORROWING PROCEDURES, NOTES Section 2.01 Revolving Loans 27 2.1 Commitments 39 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or 2.2 Increase/Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback the Commitment Amounts 41 Section 2.16 2.3 Borrowing Procedures 42 Section 2.4 Continuation and Conversion Elections 44 Section 2.5 Funding 44 Section 2.6 Issuance Procedures 44 Section 2.7 Loan Accounts and Revolving Notes 48 Section 2.8 Intentionally Omitted 49 Section 2.9 Swingline Loan Subfacility 49 ARTICLE III MATURITY DATE; REPAYMENTS, PREPAYMENTS, INTEREST AND FEES Section 3.1 Maturity Date; Extension Option 51 Section 3.2 Repayments and Prepayments; Application 52 Section 3.3 Interest Provisions 54 Section 3.4 Fees 55 ARTICLE IV CERTAIN LIBO RATE AND OTHER PROVISIONS Section 4.1 LIBO Rate Lending Unlawful 56 Section 4.2 Deposits Unavailable 56 Section 4.3 Change of Circumstances 57 Section 4.4 Replacement of Lender 57 Section 4.5 Funding Losses 58 Section 4.6 Taxes 59 Section 4.7 Change of Lending Office 62 Section 4.8 Payments, Computations, etc. 63 Section 4.9 Sharing of Payments by Lenders 42 63 Section 2.17 Increase in 4.10 Setoff 64 ARTICLE V CONDITIONS TO EFFECTIVENESS AND TO FUTURE CREDIT EXTENSIONS Section 5.1 Conditions Precedent to Making of Loans and the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 64 Section 5.2 All Credit Extensions 68 ARTICLE III TAXES, YIELD PROTECTION VI REPRESENTATIONS AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageWARRANTIES

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 Section 1.02 1.2 Other Interpretive Provisions 25 Section 1.03 37 1.3 Accounting Terms 26 Section 1.04 38 1.4 Rounding 39 1.5 Times of Day 26 Section 1.05 Rounding 26 39 1.6 Letter of Credit Amounts 39 1.7 Adjustments for Specified Transactions 39 1.8 Exchange Rates; Currency Equivalents 40 1.9 Additional Alternative Currencies 40 1.10 Change of Currency 41 1.11 Interest Rates 42 ARTICLE II II. THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving CREDIT EXTENSIONS 2.1 Loans 27 Section 2.02 Term 42 2.2 Borrowings, Conversions and Continuations of Loans 27 Section 2.03 Swing Loans 28 Section 2.04 43 2.3 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, 45 2.4 Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Line Loans 54 2.5 Prepayments 35 Section 2.08 56 2.6 Termination or Reduction of Revolving Credit Commitments 37 Section 2.09 60 2.7 Repayment of Loans 37 Section 60 2.8 Interest 61 2.9 Fees 62 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Fees; Retroactive Adjustments of Applicable Rate 62 2.11 Evidence of Debt 40 Section 2.15 63 2.12 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 63 2.13 Sharing of Payments by Xxxxxxx 65 2.14 Designated Borrowers 66 2.15 Increase Option 67 2.16 Cash Collateral 70 2.17 Defaulting Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 71 2.18 Extension Designation of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Unrestricted and Restricted Subsidiaries 74 ARTICLE III III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 3.1 Taxes 52 Section 3.02 75 3.2 Illegality 55 Section 3.03 79 3.3 Inability to Determine Rates 55 Section 3.04 80 3.4 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Costs 82 3.5 Compensation for Losses 57 Section 3.06 83 3.6 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 84 3.7 Survival 59 84 152302503 EX-10.25 ARTICLE IV IV. CONDITIONS PRECEDENT 59 Section 4.01 TO CREDIT EXTENSIONS 4.1 Conditions of Effectiveness 59 Section 4.02 Initial Credit Extension 84 4.2 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pageall Credit Extensions 87

Definitions and Accounting Terms. 1 Section 1.01 1.01. Defined Terms 1 Section 1.02 Other Interpretive 1.02. Rules of Construction 4 Section 1.03. Accounting and Financial Determinations 4 ARTICLE II: THE LOANS Section 2.01. Loans 4 Section 2.02. Note 5 Section 2.03. Scheduled Payments 5 Section 2.04. Prepayments 5 Section 2.05. Interest Provisions 25 5 Section 1.03 Accounting Terms 26 2.06. Payments Absolute 6 Section 1.04 Times of Day 26 2.07. Increased Capital Costs 6 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 27 2.08. Taxes 6 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest 2.09. Joint and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Several Liability 7 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 CONDITIONS TO LOANS 7 ARTICLE IV CONDITIONS PRECEDENT 59 REPRESENTATIONS, WARRANTIES AND COVENANTS OF BORROWER 8 ARTICLE V SECURITY INTEREST 10 ARTICLE VI: COVENANTS Section 4.01 6.01. Affirmative Covenants 10 Section 6.02. Negative Covenants 12 Section 6.03. Indemnity 13 Section 6.04. Performance by Lender 13 ARTICLE VII: EVENTS OF DEFAULT Section 7.01. Events of Default 14 Section 7.02. Remedies 15 Section 7.03. Use of Proceeds 15 ARTICLE VIII: MISCELLANEOUS PROVISIONS Section 8.01. Waivers, Amendments 15 Section 8.02. Notices 15 Section 8.03. Severability 16 Section 8.04. Execution in Counterparts 16 Section 8.05. Further Assurance and Corrective Instruments 16 Section 8.06. Time of the Essence 16 Section 8.07. Entire Agreement 16 Section 8.08. Governing Law 16 Section 8.09. Successors and Assigns; Assignments by Lender 16 Section 8.10. Assignments, Participations and Securitizations 16 Section 8.11. Waiver of Jury Trial 17 Section 8.12. Forum Selection and Consent to Jurisdiction 17 Section 8.13. Waiver of Certain Claims 17 SCHEDULES SCHEDULE I - Additional Definitions SCHEDULE II - Additional Conditions Precedent SCHEDULE III - Financial Covenants SCHEDULE IV - Disclosure Statements SCHEDULE V - List of Effectiveness 59 Section 4.02 Conditions to Borrowing Subsidiaries LOAN AGREEMENT THIS LOAN AGREEMENT (this “Agreement”) dated as of September 17, 2013 among STELLARIS LLC, a Nevada limited liability company (together with its successors and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pageassigns, “Stellaris”), XXXXX CONTRUCTION GROUP, L.L.C. a Florida limited liability company (together with its successors and assigns, “Xxxxx”) and ROCKFORD CORPORATION a Oregon corporation (together with it succesors and assigns, “Rockford”; Stellaris, Xxxxx and Rockford, jointly and severally, “Borrower”), and RBS ASSET FINANCE, INC., a New York corporation (together with its successors and assigns, “Lender”).

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 28 Section 1.03 Accounting Terms 26 29 Section 1.04 Petroleum Terms 29 Section 1.05 Rounding 29 Section 1.06 Times of Day 26 29 Section 1.05 Rounding 26 1.07 Letter of Credit Amounts 29 Section 1.08 Available Amount Transactions 29 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving Committed Loans 27 30 Section 2.02 Term Borrowings, Conversions and Continuations of Committed Loans 27 30 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 31 Section 2.04 Swing Line Loans 39 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Borrowing Base 41 Section 2.06 Conversions or Continuations 34 Prepayments 43 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 45 Section 2.09 2.08 Repayment of Loans 37 46 Section 2.09 Interest 46 Section 2.10 Interest 38 Fees 46 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 47 Section 2.14 2.12 Evidence of Debt 40 47 Section 2.15 2.13 Payments Generally; Administrative Agent’s Clawback 41 48 Section 2.16 2.14 Sharing of Payments by Lenders 42 49 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 2.15 Defaulting Lenders 50 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 54 Section 3.03 Inability to Determine Rates 55 54 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 54 Section 3.05 Compensation for Losses 57 56 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 56 Section 3.07 Survival 59 57 ARTICLE IV CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of Effectiveness 59 57 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 All Credit Extensions 59 Section 4.03 Conditions Agreement to Commitment Increases 61 PageDeliver Mortgages 60 ARTICLE V

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 30 1.03 Accounting Terms 26 Section 31 1.04 Rounding 31 1.05 Exchange Rates; Currency Equivalents 32 1.06 Additional Alternative Currencies 32 1.07 Change of Currency 33 1.08 Times of Day 26 Section 1.05 Rounding 26 34 1.09 Letter of Credit Amounts 34 ARTICLE II II. THE COMMITMENTS AND LOANS 27 Section CREDIT EXTENSIONS 34 2.01 Revolving Loans 27 Section 34 2.02 Term Borrowings, Conversions and Continuations of Loans 27 Section 34 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 37 2.04 Prepayments 49 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 50 2.06 Repayment of Loans 37 Section 2.10 51 2.07 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 51 2.08 Fees 39 Section 2.13 52 2.09 Computation of Interest and Fees 40 Section 2.14 52 2.10 Evidence of Debt 40 Section 2.15 52 2.11 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 53 2.12 Sharing of Payments by Lenders 42 Section 2.17 55 2.13 Designated Borrowers 56 2.14 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 57 2.15 Cash Collateral 59 2.16 Defaulting Lenders 60 ARTICLE III III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 62 3.01 Taxes 52 Section 62 3.02 Illegality 55 Section 66 3.03 Inability to Determine Rates 55 Section 67 3.04 Increased Costs; Reserves on Eurodollar Eurocurrency Rate Loans 56 Section 67 3.05 Compensation for Losses 57 Section 69 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 70 3.07 Survival 59 70 ARTICLE IV IV. CONDITIONS PRECEDENT 59 Section TO CREDIT EXTENSIONS 70 4.01 Conditions of Effectiveness 59 Section Initial Credit Extension 70 4.02 Conditions to Borrowing all Credit Extensions 73 ARTICLE V. REPRESENTATIONS AND WARRANTIES 74 5.01 Organization; Powers 74 5.02 Authorization; Enforceability 75 5.03 Governmental Approvals; No Conflicts 75 5.04 Financial Condition; No Material Adverse Change 75 5.05 Litigation 76 5.06 Compliance with Laws and Issuance Agreements 76 5.07 Investment Company Status 76 5.08 Taxes 76 5.09 Pension-Related Matters 76 5.10 Disclosure 77 5.11 Use of Credit 77 5.12 Subsidiaries 77 5.13 Stamp Taxes 77 5.14 Taxpayer Identification Number 78 5.15 Representations as to Foreign Jurisdiction Matters 78 5.16 First Priority Interest 78 5.17 OFAC 79 ARTICLE VI. AFFIRMATIVE COVENANTS 79 6.01 Financial Statements and Other Information 79 6.02 Notices of Material Events 82 6.03 Existence; Conduct of Business 82 6.04 Insurance 82 6.05 Maintenance of Properties 82 6.06 Payment of Obligations 83 6.07 Financial Accounting Practices 83 6.08 Compliance with Applicable Laws 83 6.09 Use of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageCredit and Proceeds of Loans 83 6.10 Inspection Rights 84 6.11 Financial Strength Rating 84 6.12 Further Assurances 84 6.13 Collateral Requirements 84 6.14 OFAC; PATRIOT Act Compliance 85 ARTICLE VII. NEGATIVE COVENANTS 85 7.01 Fundamental Changes 85 7.02 Liens 87 7.03 Transactions with Affiliates 88 7.04 Financial Covenants 88 7.05 Indebtedness 89 7.06 Investments 90 7.07 Restricted Payments 90 7.08 Continuation of and Change in Businesses 91 7.09 Private Act 91 ARTICLE VIII. EVENTS OF DEFAULT AND REMEDIES 91 8.01 Events of Default 91 8.02 Remedies Upon Event of Default 93 8.03 Application of Funds 94

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms SECTION 1.1 DEFINED TERMS 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 SECTION 1.2 USE OF DEFINED TERMS 27 SECTION 1.3 ACCOUNTING TERMS 27 SECTION 1.4 ROUNDING 27 SECTION 1.5 EXHIBITS AND SCHEDULES 28 SECTION 1.6 MISCELLANEOUS TERMS 28 ARTICLE II 2 AMOUNT AND TERMS OF CREDIT 28 SECTION 2.1 ADVANCES 28 SECTION 2.2 LETTERS OF CREDIT 29 SECTION 2.3 TERM LOANS 32 SECTION 2.4 SPECIAL ADVANCES BY LENDERS 32 SECTION 2.5 AGENT'S RIGHT TO ASSUME FUNDS AVAILABLE 32 SECTION 2.6 ACCOUNTING 32 SECTION 2.7 SINGLE LOAN 33 SECTION 2.8 SUBSEQUENT COMMITMENT INCREASES 33 ARTICLE 3 PRINCIPAL PAYMENTS; INTEREST; FEES 35 SECTION 3.1 PRINCIPAL PAYMENTS 35 SECTION 3.2TERMINATION OF COMMITMENT; VOLUNTARY PREPAYMENT OF TERM LOAN 35 SECTION 3.3 MANDATORY PREPAYMENTS 36 SECTION 3.4 INTEREST 37 SECTION 3.5 FIXED RATE ELECTIONS 37 SECTION 3.6 COMMITMENT FEE 38 SECTION 3.7 LETTER OF CREDIT FEES 38 SECTION 3.8 AGENT'S FEES 38 SECTION 3.9 INCREASED COST AND REDUCED RETURN 38 SECTION 3.10 LIBOR COSTS 39 SECTION 3.11 SPECIAL LIBOR CIRCUMSTANCES 40 SECTION 3.12 FUNDING LOSSES 40 SECTION 3.13 DEFAULT RATE 41 SECTION 3.14 PAYMENT AND COMPUTATION OF INTEREST 41 SECTION 3.15 NON-BUSINESS DAYS 42 SECTION 3.16 PAYMENT FREE OF TAXES 42 SECTION 3.17 FUNDING SOURCES 45 SECTION 3.18 FAILURE TO CHARGE NOT SUBSEQUENT WAIVER 45 SECTION 3.19 SAVINGS CLAUSE 45 SECTION 3.20 PRO RATA TREATMENT 46 SECTION 3.21 MANNER AND TREATMENT OF PAYMENTS 46 SECTION 3.22 AGENT'S RIGHT TO ASSUME PAYMENTS WILL BE MADE 46 SECTION 3.23 SURVIVABILITY 47 ARTICLE 4 REPRESENTATIONS AND WARRANTIES 47 SECTION 4.1EXISTENCE AND QUALIFICATION; POWER; COMPLIANCE WITH LAWS 47 SECTION 4.2AUTHORITY; COMPLIANCE WITH OTHER AGREEMENTS AND INSTRUMENTS 48 SECTION 4.3REQUIREMENTS OF LAW; PERFORMANCE OF CONTRACTUAL OBLIGATIONS 48 SECTION 4.4 NO GOVERNMENTAL APPROVALS REQUIRED 48 SECTION 4.5 SUBSIDIARIES 49 SECTION 4.6 FINANCIAL STATEMENTS 49 SECTION 4.7 NO OTHER LIABILITIES; NO MATERIAL ADVERSE EFFECT 49 SECTION 4.8 TITLE TO AND LOCATION OF PROPERTY 49 SECTION 4.9 INTANGIBLE ASSETS 50 SECTION 4.10 GOVERNMENTAL REGULATION 50 SECTION 4.11 LITIGATION; JUDGMENTS 50 SECTION 4.12 BINDING OBLIGATIONS 50 SECTION 4.13 NO DEFAULT 50 SECTION 4.14 ERISA 50 SECTION 4.15 REGULATIONS G AND U 52 SECTION 4.16 DISCLOSURE 52 SECTION 4.17 TAX LIABILITY 52 SECTION 4.18 SECURITY INTERESTS 53 SECTION 4.19 EMPLOYEE MATTERS 53 SECTION 4.20 SOLVENCY 53 SECTION 4.21 SUBORDINATION OF SUBORDINATED INDEBTEDNESS 53 SECTION 4.22 REAL PROPERTY 54 SECTION 4.23 ENVIRONMENTAL MATTERS 54 SECTION 4.24 OWNERSHIP OF CAPITAL STOCK 55 SECTION 4.25 BROKERS; TRANSACTION FEES 55 ARTICLE 5 AFFIRMATIVE COVENANTS (OTHER THAN INFORMATION AND REPORTING REQUIREMENTS) 56 SECTION 5.1 USE OF PROCEEDS 56 SECTION 5.2PAYMENT OF TAXES AND OTHER POTENTIAL LIENS; COMPLIANCE WITH RELATED AGREEMENTS 56 SECTION 5.3 PRESERVATION OF EXISTENCE 56 SECTION 5.4 MAINTENANCE OF PROPERTIES AND BUSINESS 57 SECTION 5.5 MAINTENANCE OF INSURANCE 57 SECTION 5.6 COMPLIANCE WITH LAWS 57 SECTION 5.7 INSPECTION RIGHTS 58 SECTION 5.8 AUDIT RIGHTS 58 SECTION 5.9 KEEPING OF RECORDS AND BOOKS OF ACCOUNT 58 SECTION 5.10COMPLIANCE WITH AGREEMENTS; PAYMENT OF INDEBTEDNESS 58 SECTION 5.11 ENVIRONMENTAL LAWS 58 SECTION 5.12 ADDITIONAL REAL PROPERTY COLLATERAL 60 SECTION 5.13 COLLECTIONS 60 ARTICLE 6 NEGATIVE COVENANTS 61 SECTION 6.1 DISPOSITION OF PROPERTY; APPLICATION OF PROCEEDS 61 SECTION 6.2 RESTRICTIONS ON FUNDAMENTAL CHANGES 62 SECTION 6.3 RESTRICTED PAYMENTS 63 SECTION 6.4 RESTRICTIONS ON AMENDMENTS, ETC. 64 SECTION 6.5 ERISA 65 SECTION 6.6 CHANGE IN NATURE OR CONDUCT OF BUSINESS 65 SECTION 6.7 LIENS 65 SECTION 6.8 INDEBTEDNESS 66 SECTION 6.9 TRANSACTIONS WITH AFFILIATES 68 SECTION 6.10 SALES AND LEASEBACKS 69 SECTION 6.11 MARGIN REGULATIONS 69 SECTION 6.12 INVESTMENTS 69 SECTION 6.13 FISCAL YEAR 69 SECTION 6.14 CASH MANAGEMENT SYSTEM 69 SECTION 6.15 CANCELLATION OF INDEBTEDNESS 69 SECTION 6.16 COMMINGLING 70 SECTION 6.17 RELATED AGREEMENTS; TAX ELECTION 70 SECTION 6.18 CAPITAL EXPENDITURES 70 SECTION 6.19 OPERATING LEASES 70 SECTION 6.20 CURRENT RATIO 70 SECTION 6.21 CONSOLIDATED FIXED CHARGE COVERAGE RATIO 70 SECTION 6.22 INTEREST COVERAGE RATIO 71 ARTICLE 7 INFORMATION AND REPORTING REQUIREMENTS 71 SECTION 7.1 FINANCIAL INFORMATION AND REPORTS 71 SECTION 7.2BORROWING BASE CERTIFICATES AND OTHER COLLATERAL REPORTING 73 SECTION 7.3 OPERATING LEASES; CAPITAL LEASES, ETC. 74 SECTION 7.4 OTHER SPECIFIC INFORMATION AND REPORTS 74 SECTION 7.5 OTHER INFORMATION AND REPORTS (GENERALLY) 77 ARTICLE 8 CONDITIONS 77 SECTION 8.1 CONDITIONS TO EFFECTIVENESS 77 SECTION 8.2 ANY ADVANCE, ETC. 79 ARTICLE 9 EVENTS OF DEFAULT AND REMEDIES UPON EVENTS OF DEFAULT 79 SECTION 9.1 EVENTS OF DEFAULT 79 SECTION 9.2 REMEDIES UPON EVENT OF DEFAULT 82 ARTICLE 10 THE COMMITMENTS AGENT 84 SECTION 10.1APPOINTMENT AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan BorrowingAUTHORIZATION; Revolving Loan BorrowingsNO FIDUCIARY RESPONSIBILITY 84 SECTION 10.2 AGENT AND AFFILIATES 84 SECTION 10.3 LENDERS' CREDIT DECISIONS 85 SECTION 10.4 ACTION BY AGENT 85 SECTION 10.5 LIABILITY OF AGENT 86 SECTION 10.6 INDEMNIFICATION 87 SECTION 10.7 SUCCESSOR AGENT 87 SECTION 10.8PROPORTIONATE INTEREST OF THE LENDERS IN ANY COLLATERAL 87 ARTICLE 11 MISCELLANEOUS 88 SECTION 11.1 CUMULATIVE REMEDIES; NO WAIVER 88 SECTION 11.2 AMENDMENTS; CONSENTS 88 SECTION 11.3 COSTS, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments GenerallyEXPENSES AND TAXES 89 SECTION 11.4 NATURE OF LENDER'S OBLIGATIONS 90 SECTION 11.5 SURVIVAL OF REPRESENTATIONS AND WARRANTIES 90 SECTION 11.6 NOTICES 90 SECTION 11.7 EXECUTION IN COUNTERPARTS 91 SECTION 11.8 BINDING EFFECT; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageASSIGNMENT 92

Definitions and Accounting Terms. 1 Section 1.01 2 SECTION 1.01. Certain Defined Terms 1 Section 1.02 2 SECTION 1.02. Computation of Time Periods 23 SECTION 1.03. Accounting Terms 23 SECTION 1.04. Permitted Liens 2423 SECTION 1.05. Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 24 ARTICLE II AMOUNTS AND TERMS OF THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving 24 SECTION 2.01. The Loans 27 Section 2.02 Term 24 SECTION 2.02. Making the Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 24 SECTION 2.03. Fees 2524 SECTION 2.04. Repayment of Loans 37 Section 2.10 25 SECTION 2.05. Interest 38 Section 2.11 on Loans 25 SECTION 2.06. Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation 25 SECTION 2.07. Optional Conversion of Interest Loans 2726 SECTION 2.08. Prepayments of Loans 27 SECTION 2.09. Increased Costs 29 SECTION 2.10. Illegality 30 SECTION 2.11. Payments and Fees 40 Section 2.14 Computations 30 SECTION 2.12. Taxes 31 SECTION 2.13. Sharing of Payments, Etc 34 SECTION 2.14. Evidence of Debt 40 35 SECTION 2.15. Use of Proceeds 35 SECTION 2.16. Defaulting Lenders 35 SECTION 2.17. Replacement of Certain Lenders 35 SECTION 2.18. [Reserved] 36 SECTION 2.19. [Reserved] 36 SECTION 2.20. Effect of Conversion to Exit Facility 36 SECTION 2.21. Certain Pledges of Stock 36 ARTICLE III CONDITIONS TO EFFECTIVENESS AND LENDING 3736 SECTION 3.01. Conditions Precedent 3736 SECTION 3.02. Determinations Under this Agreement 38 ARTICLE IV REPRESENTATIONS AND WARRANTIES 38 SECTION 4.01. Representations and Warranties of the Company 38 ARTICLE V COVENANTS OF THE COMPANY 4342 SECTION 5.01. Affirmative Covenants 4342 SECTION 5.02. Negative Covenants 49 SECTION 5.03. Financial Covenants 57 ARTICLE VI EVENTS OF DEFAULT 5958 SECTION 6.01. Events of Default 5958 SECTION 6.02. Application of Funds; Intercreditor Provisions 61 ARTICLE VII GUARANTY 62 SECTION 7.01. Guaranty; Limitation of Liability 62 SECTION 7.02. Guaranty Absolute 63 SECTION 7.03. Waivers and Acknowledgments 64 SECTION 7.04. Subrogation 6564 SECTION 7.05. Guaranty Supplements 65 SECTION 7.06. Subordination 6665 SECTION 7.07. Continuing Guaranty; Assignments 66 ARTICLE VIII THE AGENT 6766 SECTION 8.01. Authorization and Action 6766 SECTION 8.02. Agent Individually 67 SECTION 8.03. Duties of Agent; Exculpatory Provisions 68 SECTION 8.04. Reliance by Agent 69 SECTION 8.05. Indemnification 69 SECTION 8.06. Delegation of Duties 7069 SECTION 8.07. Resignation of Agent 70 SECTION 8.08. Non-Reliance on Agent and Other Lenders 70 SECTION 8.09. Agent May File Proofs of Claim 71 SECTION 8.10. Intercreditor Agreement 7271 ARTICLE IX MISCELLANEOUS 72 SECTION 9.01. Amendments, Waivers 72 SECTION 9.02. Notices, Etc 7372 SECTION 9.03. No Waiver; Remedies 74 SECTION 9.04. Costs and Expenses 75 SECTION 9.05. Payments Set Aside 76 SECTION 9.06. Right of Set-off 7776 SECTION 9.07. Binding Effect 77 SECTION 9.08. Assignments and Participations 77 SECTION 9.09. Confidentiality 80 SECTION 9.10. Execution in Counterparts 81 SECTION 9.11. Survival of Representations and Warranties 81 SECTION 9.12. Severability 81 SECTION 9.13. Jurisdiction 8281 SECTION 9.14. PATRIOT Act Notice 8382 SECTION 9.15. Release of Collateral; Termination of Loan Documents 8382 SECTION 9.16. Judgment Currency 83 SECTION 9.17. No Fiduciary Duty 8483 SECTION 9.18. Electronic Execution of Assignments and Certain Other Documents 84 LOAN AGREEMENT This LOAN AGREEMENT, dated as of [ ], 2013, among XXXXXXX KODAK COMPANY, a New Jersey corporation (the “Company”), the U.S. Subsidiaries of the Company party hereto, as Guarantors, the banks, financial institutions and other institutional lenders from time to time party hereto (the “Lenders”), and Wilmington Trust, National Association, as administrative agent and collateral agent for the Lenders. INTRODUCTORY STATEMENT On January 19, 2012 (the “Petition Date”), the Company (such term and each other capitalized term used but not otherwise defined herein having the meaning assigned to it in Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing 1.01) and each of Payments by Lenders 42 Section 2.17 Increase the U.S. Subsidiary Guarantors (collectively, the “Debtors”) filed voluntary petitions with the Bankruptcy Court initiating their respective cases that are pending under Chapter 11 of the Bankruptcy Code (the cases of the Company and the U.S. Subsidiary Guarantors, each a “Case” and collectively, the “Cases”) and continued in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension possession of Revolving Credit Maturity Date 44 Section 2.19 Issuance their assets and in the management of Letters their business pursuant to Sections 1107 and 1108 of Credit 48 ARTICLE III TAXESthe Bankruptcy Code. Certain of the Lenders provided the Company with certain debtor-in-possession term loan facilities in an aggregate principal amount of $[843,650848,200,000], YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation consisting of (i) first lien “first out”new money term loans in the aggregate principal amount of $$[473,200,000,000, (ii) first lien “last out” term loans in the aggregate principal amount of $[268,650,000],] and (iii) second lien term loans in the aggregate principal amount of $375,000,000, which were deemed made in exchange for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pagecertain Second Lien Debt (defined below).

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 79 Section 1.03 Accounting Terms 26 80 Section 1.04 Rounding 80 Section 1.05 References to Agreements, Laws, Etc. 80 Section 1.06 Times of Day 26 80 Section 1.05 Rounding 26 ARTICLE 1.07 Timing of Payment or Performance 80 Section 1.08 Currency Equivalents Generally 81 Section 1.09 Letter of Credit Amounts 81 Section 1.10 Divisions 81 Section 1.11 Limited Condition Acquisitions 81 Article II THE COMMITMENTS AND LOANS 27 The Commitments and Credit Extensions Section 2.01 Commitment of the Lenders 83 Section 2.02 Reserves; Changes to Reserves 84 Section 2.03 Borrowings, Conversions and Continuations of Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 85 Section 2.04 Overadvances 87 Section 2.05 Swingline Loans 87 Section 2.06 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 88 Section 2.07 Prepayments 35 Section 2.08 Optional Termination or Reduction of Commitments 37 93 Section 2.08 Optional Prepayment of Loans; Reimbursement of Lenders 95 Section 2.09 Repayment of Loans 37 Mandatory Prepayment; Commitment Termination; Cash Collateral 96 Section 2.10 Interest 38 97 Section 2.11 Interest Rate Determination 38 Fees 98 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 99 Section 2.13 Evidence of Indebtedness 99 Section 2.14 Evidence of Debt 40 Payments Generally 100 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by 102 Section 2.16 Settlement Among Lenders 42 103 Section 2.17 Increase in the Aggregate Revolving Credit Additional Commitments 42 104 Section 2.18 Extension Designation of Revolving Credit Maturity Date 44 Lead Borrower as Borrowers’ Agent 109 Section 2.19 Issuance Cash Management 110 Section 2.20 Maintenance of Letters Loan Account; Statements of Credit 48 ARTICLE Account 113 Section 2.21 Additional Borrowers 114 Section 2.22 Additional Caribbean Parties 114 Section 2.23 Extension Amendments 115 Section 2.24 Defaulting Lenders 119 Article III TAXESTaxes, YIELD PROTECTION AND ILLEGALITY 52 Increased Costs Protection and Illegality Section 3.01 Taxes 52 122 Section 3.02 Illegality 55 125 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page125

Definitions and Accounting Terms. 1 Section 1.01 1.1. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 1.2. Computation of Time Periods 43 Section 1.03 1.3. Accounting Terms 26 Terms; Changes in GAAP 43 Section 1.04 Times 1.4. Classes and Types of Advances 43 Section 1.5. Miscellaneous 43 Section 1.6. Foreign Currency 44 Section 1.7. Pro Forma Calculations 45 Section 1.8. Non-Business Day 26 Payments and Performance 45 Section 1.05 Rounding 26 1.9. Several Obligations of Borrowers 46 ARTICLE II THE COMMITMENTS AND LOANS 27 2 CREDIT FACILITIES 46 Section 2.01 Revolving Loans 27 2.1. US and Canadian Commitments 46 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 2.2. Letters of Credit 28 48 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, 2.3. Swing Loan Borrowings 29 Line Advances 55 Section 2.06 Conversions or Continuations 34 2.4. Advances 57 Section 2.07 2.5. Prepayments 35 61 Section 2.08 Termination or Reduction 2.6. Repayment 63 Section 2.7. Fees 63 Section 2.8. Interest 64 Section 2.9. Illegality 65 Section 2.10. Breakage Costs 66 Section 2.11. Increased Costs 67 Section 2.12. Payments and Computations 68 Section 2.13. Taxes 71 Section 2.14. Replacement of Commitments 37 Lenders 74 Section 2.09 Repayment of Loans 37 2.15. Defaulting Lenders 75 Section 2.10 Interest 38 2.16. Cash Collateral 78 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 2.17. Increase in Commitments 79 Section 2.18. Bankers’ Acceptances 81 ARTICLE 3 CONDITIONS 83 Section 3.1. Conditions Precedent to the Aggregate Revolving Effectiveness of this Agreement 83 Section 3.2. Conditions Precedent to Each Borrowing and to Each Issuance, Extension or Renewal of a Letter of Credit Commitments 42 85 Section 2.18 Extension 3.3. Determinations under Sections 3.1 and 3.2 87 ARTICLE 4 REPRESENTATIONS AND WARRANTIES 87 Section 4.1. Organization 87 Section 4.2. Authorization 87 Section 4.3. Enforceability 88 Section 4.4. Financial Condition 88 Section 4.5. Ownership and Liens; Real Property 88 Section 4.6. True and Complete Disclosure 88 Section 4.7. Litigation 89 Section 4.8. Compliance with Agreements 89 Section 4.9. Pension Plans 89 Section 4.10. Environmental Condition 89 Section 4.11. Subsidiaries 90 Section 4.12. Investment Company Act 90 Section 4.13. Taxes 90 Section 4.14. Permits, Licenses, etc 91 Section 4.15. Regulations T, U and X 91 Section 4.16. Insurance 91 Section 4.17. Security Interest 91 Section 4.18. Solvency 91 Section 4.19. OFAC; Anti-Terrorism 91 ARTICLE 5 AFFIRMATIVE COVENANTS 92 Section 5.1. Organization 92 Section 5.2. Reporting 92 Section 5.3. Insurance 97 Section 5.4. Compliance with Laws 98 Section 5.5. Taxes 99 Section 5.6. New Subsidiaries; Security 99 Section 5.7. Deposit Accounts/Securities/Commodities Accounts 100 Section 5.8. Records; Inspection 101 Section 5.9. Maintenance of Revolving Credit Maturity Date 44 Property 101 Section 2.19 Issuance 5.10. Further Assurances 101 Section 5.11. Designations with Respect to Subsidiaries 101 Section 5.12. Use of Proceeds; Use of Letters of Credit 48 103 Section 5.15. Appraisals; Field Exams 103 ARTICLE 6 NEGATIVE COVENANTS 105 Section 6.1. Debt 105 Section 6.2. Liens 107 Section 6.3. Investments 109 Section 6.4. Acquisitions 111 Section 6.5. Agreements Restricting Liens 111 Section 6.6. Corporate Actions; Organizational Documents; Fiscal Year 112 Section 6.7. Disposition of Assets 114 Section 6.8. Restricted Payments 115 Section 6.9. Affiliate Transactions 116 Section 6.10. Line of Business 116 Section 6.11. Sale and Leaseback Transactions 117 Section 6.12. Operating Leases 117 Section 6.13. Limitation on Hedging 117 Section 6.14. Landlord Agreements 117 Section 6.15. Reserved 118 Section 6.16. Financial Covenants 118 Section 6.17. Capital Expenditures 119 Section 6.18. Prepayment of Certain Debt and Other Obligations 119 ARTICLE 7 DEFAULT AND REMEDIES 119 Section 7.1. Events of Default 119 Section 7.2. Optional Acceleration of Maturity 121 Section 7.3. Automatic Acceleration of Maturity 122 Section 7.4. Set-off 122 Section 7.5. Remedies Cumulative, No Waiver 122 Section 7.6. Application of Payments 123 Section 7.7. Equity Right to Cure 124 Section 7.8. Currency Conversion After Maturity 126 ARTICLE 8 THE ADMINISTRATIVE AGENTS 126 Section 8.1. Appointment, Powers, and Immunities 126 Section 8.2. Reliance by Administrative Agent 128 Section 8.3. Delegation of Duties 128 Section 8.4. Indemnification 128 Section 8.5. Non-Reliance on Administrative Agent and Other Lenders 130 Section 8.6. Resignation of Administrative Agent, Issuing Lender or Swing Line Lender 130 Section 8.7. Collateral Matters 132 Section 8.8. No Other Duties, Etc 133 Section 8.10. Credit Bidding 133 ARTICLE 9 MISCELLANEOUS 134 Section 9.1. Costs and Expenses 134 Section 9.2. Indemnification; Waiver of Damages 135 Section 9.3. Waivers and Amendments 137 Section 9.4. Severability 138 Section 9.5. Survival of Representations and Obligations 139 Section 9.6. Binding Effect 139 Section 9.7. Lender Assignments and Participations 139 Section 9.8. Confidentiality 143 Section 9.9. Notices, Etc 144 Section 9.10. Usury Not Intended 145 Section 9.11. Usury Recapture 146 Section 9.12. Payments Set Aside 146 Section 9.13. Governing Law 147 Section 9.14. Submission to Jurisdiction; Waiver of Venue; Appointment of Agent for Service of Process 147 Section 9.15. Execution in Counterparts 148 Section 9.16. Electronic Execution of Assignments 148 Section 9.17. Waiver of Jury 148 Section 9.18. USA Patriot Act 148 Section 9.19. Conflicts with Other Credit Documents 148 Section 9.20. Judgment Currency 149 Section 9.21. Subordination Agreements 149 Section 9.22. Confirmation of Flood Policies and Procedures 149 Section 9.23. Keepwell 149 Section 9.24. No Fiduciary Duty 000 Xxxxxxx 9.25. Cashless Settlement 150 Section 9.26. Amendment and Restatement 150 Section 9.27. Acknowledgement and Consent to Bail-In of EEA Financial Institutions 151 Section 9.28. Integration 151 EXHIBITS: Exhibit A – Form of Assignment and Acceptance Exhibit B – Form of Compliance Certificate Exhibit C – Form of Guaranty Agreement Exhibit D-1 – Form of US Note Exhibit D-2 – Form of Canadian Note Exhibit D-3 – Form of Swing Line Note Exhibit E-1 – Form of Notice of US Borrowing Exhibit E-2 – Form of Notice of Canadian Borrowing Exhibit F – Form of Notice of Continuation or Conversion Exhibit G – Form of Notice of Optional Payment Exhibit H-1 – Form of US Pledge and Security Agreement Exhibit H-2 – Form of Canadian Security Agreement Exhibit I-1-I-4 – Forms of US Tax Compliance Certificates Exhibit J – Form of Solvency Certificate Exhibit K – Form of Asset Coverage Certificate SCHEDULES: Schedule I – Pricing Schedule Schedule II – Commitments Schedule III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page– Contact Information

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 54 Section 1.03 Accounting Terms; Calculation of Financial Covenant and other Financial Ratios and Terms 26 55 Section 1.04 Rounding 56 Section 1.05 Timing of Payment or Performance 56 Section 1.06 Times of Day 26 56 Section 1.05 Rounding 26 1.07 Letter of Credit Amounts 56 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving The Loans 27 57 Section 2.02 Term Borrowings, Conversions and Continuations of Loans 27 57 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 59 Section 2.04 Swing Line Loans 67 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Prepayments 70 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 77 Section 2.09 2.07 Repayment of Loans 37 78 Section 2.08 Interest 78 Section 2.09 Fees 79 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 80 Section 2.14 2.11 Evidence of Debt 40 80 Section 2.15 2.12 Payments Generally; Administrative Agent’s Clawback 41 81 Section 2.16 2.13 Sharing of Payments by Lenders 42 83 Section 2.17 Increase in the Aggregate 2.14 Incremental Credit Extensions 83 Section 2.15 Extensions of Term Loans and Revolving Credit Commitments 42 87 Section 2.16 Defaulting Lenders 89 Section 2.17 Cash Collateral 91 Section 2.18 Extension Designation of Revolving Credit Maturity Date 44 Subsidiaries 93 Section 2.19 Issuance of Letters of Credit 48 Permitted Debt Exchanges 93 Section 2.20 Specified Refinancing Debt 94 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 97 Section 3.02 Illegality 55 101 Section 3.03 Inability to Determine Rates 55 101 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 102 Section 3.05 Compensation for Losses 57 103 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 104 Section 3.07 Survival 59 104 ARTICLE IV CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of Effectiveness 59 to Signing Date 104 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Initial Credit Extension 106 Section 4.03 Conditions to Commitment Increases 61 all Other Credit Extensions 108 TABLE OF CONTENTS (Continued) Section Page

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times 1.2 Computation of Day 26 Section 1.05 Rounding 26 Time Periods 12 ARTICLE II THE COMMITMENTS AND LOANS 27 12 Section 2.01 Revolving Loans 27 2.1 Commitments 12 Section 2.02 Term Loans 27 2.2 Competitive Bid Procedure 12 Section 2.03 Swing Loans 28 2.3 Committed Borrowing Procedure 14 Section 2.04 Letters of Credit 28 2.4 Refinancings; Conversions 15 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 2.5 Fees 16 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 2.6 Termination or and Reduction of Commitments 37 16 Section 2.09 Repayment of 2.7 Loans 37 16 Section 2.8 Loan Accounts 17 Section 2.9 Interest on Loans 18 Section 2.10 Interest on Overdue Amounts 19 Section 2.11 Alternate Rate of Interest 19 Section 2.12 Prepayment of Loans 19 Section 2.13 Reserve Requirements; Change in Circumstances 20 Section 2.14 Change in Legality 22 Section 2.15 Indemnity 22 Section 2.16 Pro Rata Treatment 23 Section 2.17 Sharing of Setoffs 23 Section 2.18 Payments 24 Section 2.19 Tax Forms 24 Section 2.20 Calculation of LIBO Rates 25 Section 2.21 Booking Loans 25 Section 2.22 Quotation of Rates 25 ARTICLE III CONDITIONS OF LENDING 25 Section 3.1 Conditions Precedent 25 Section 3.2 Conditions Precedent to Each Committed Borrowing 26 Section 3.3 Conditions Precedent to Each Competitive Borrowing 26 Section 3.4 Legal Details 27 ARTICLE IV REPRESENTATIONS AND WARRANTIES 27 Section 4.1 Organization, Authority and Qualifications 27 Section 4.2 Financial Statements 28 Section 4.3 Compliance with Agreement and Laws 28 Section 4.4 Authorization; No Breach; and Valid Agreements 28 Section 4.5 Litigation and Judgments 28 Section 4.6 Ownership of Properties 28 Section 4.7 Taxes 28 Section 4.8 Approvals Required 28 Section 4.9 Business; Status as Air Carrier 29 Section 4.10 ERISA Compliance 29 Section 4.11 Insurance 29 Section 4.12 Purpose of Loan 29 Section 4.13 Investment Company Act 29 Section 4.14 General 29 ARTICLE V COVENANTS 29 Section 5.1 Performance of Obligations 29 Section 5.2 Compliance with Laws 29 Section 5.3 Maintenance of Existence Licenses and Franchises: Compliance With Agreements 30 Section 5.4 Maintenance of Properties 30 Section 5.5 Maintenance of Books and Records 30 Section 5.6 Inspection 30 Section 5.7 Insurance 31 Section 5.8 Appraisals 31 Section 5.9 Coverage Ratio 31 Section 5.10 Reporting Requirements 31 Section 5.11 Use of Proceeds 32 Section 5.12 Pool Assets 32 Section 5.13 Restrictions on Liens 33 Section 5.14 Mergers and Dissolutions 33 Section 5.15 Assignment 34 ARTICLE VI EVENTS OF DEFAULT; REMEDIES 34 Section 6.1 Events of Default 34 Section 6.2 Remedies Upon Default 35 Section 6.3 Remedies in General 36 ARTICLE VII THE AGENTS 36 Section 7.1 Authorization and Action 36 Section 7.2 Agents' Reliance, Etc. 36 Section 7.3 Rights of Agents as Banks 37 Section 7.4 Bank Credit Decision 37 Section 7.5 Agents' Indemnity 37 Section 7.6 Successor Administrative Agent 38 Section 2.11 Interest Rate Determination 7.7 Notice of Default 38 Section 2.12 Fees 7.8 Documentation Agents and Syndication Agent 38 ARTICLE VIII MISCELLANEOUS 38 Section 8.1 Amendments, Etc 38 Section 8.2 Notices, Etc. 39 Section 2.13 Computation of Interest and Fees 8.3 No Waiver; Remedies 40 Section 2.14 Evidence of Debt 8.4 Costs, Expenses and Taxes 40 Section 2.15 Payments Generally8.5 Indemnity 40 Section 8.6 Right of Setoff 41 SECTION 8.7 GOVERNING LAW 41 Section 8.8 Submission To Jurisdiction; Waivers 41 Section 8.9 Survival of Representations and Warranties 41 Section 8.10 Binding Effect 41 Section 8.11 Successors and Assigns; Participations 42 Section 8.12 Independence of Covenants 44 Section 8.13 Severability 44 Section 8.14 Integration 44 Section 8.15 Descriptive Headings 44 Section 8.16 Execution in Counterparts 45 Section 8.17 WAIVERS OF JURY TRIAL 45 SCHEDULES Location of Lending Office; Notice Information Schedule I Pool Assets Schedule II EXHIBITS Form of Competitive Bid Request Exhibit A-1 Form of Notice of Committed Borrowing Exhibit A-2 Form of Notice to Banks of Competitive Bid Request Exhibit B Form of Competitive Bid Exhibit C Form of Competitive Note Exhibit D-1 Form of Committed Note Exhibit D-2 Form of Company's Internal Counsel Opinion Exhibit E-1 Form of Company's Outside Counsel Opinion Exhibit E-2 Form of Agents' Counsel Opinion Exhibit E-3 Form of Financial Report Certificate Exhibit F Form of Assignment and Acceptance Exhibit G Form of Appraisal Exhibit H 364-DAY COMPETITIVE ADVANCE AND REVOLVING CREDIT FACILITY AGREEMENT 364-DAY COMPETITIVE ADVANCE AND REVOLVING CREDIT FACILITY AGREEMENT dated as of April 23, 2002, among SOUTHWEST AIRLINES CO., a Texas corporation (the "Company"), the Banks, JPMORGAN CHASE BANK, a New York banking corporation, as administrative agent for the Banks (in such capacity, the "Administrative Agent’s Clawback 41 Section 2.16 Sharing "), CITIBANK, N.A., a national banking association, as syndication agent for the Banks (in such capacity, the "Syndication Agent"), BANK ONE CORPORATION, a Delaware corporation and SUNTRUST BANK, a Georgia corporation, as documentation agents for the Banks (collectively, in such capacity, the "Documentation Agents"). The Company has requested the Banks to extend credit to the Company in order to enable it to borrow on a revolving credit basis on and after the Effective Date and at any time and from time to time prior to the Termination Date (each as herein defined) in an aggregate principal amount not in excess of Payments $287,500,000 at any time outstanding. The maturity of such borrowings may be extended by Lenders 42 Section 2.17 Increase in one year pursuant to a term-out option described herein. The Company has also requested the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension Banks to provide a procedure pursuant to which the Company may designate that all of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXESthe Banks be invited to bid on an uncommitted basis on borrowings by the Company scheduled to mature on or prior to the Termination Date. The Banks are willing to extend such credit to the Company on the terms and conditions herein set forth. Accordingly, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing the Company, the Agents, and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pagethe Banks agree as follows:

Definitions and Accounting Terms. 1 Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 17 Section 1.03 Terms Generally 17 Section 1.04 Accounting Terms; GAAP 18 Section 1.05 Potential Adjustment Events 18 Section 1.06 Currency Translation 18 ARTICLE 2. Amounts and Terms of the Advance Section 2.01 The Advance 18 Section 2.02 Request for the Advance 18 Section 2.03 Funding of Borrowings 18 Section 2.04 Termination of Commitment 19 Section 2.05 Repayment of the Advance 19 Section 2.06 Interest 19 Section 2.07 [Reserved] 19 Section 2.08 Prepayments of the Advance; Collateral Administration 20 Section 2.09 Increased Costs 20 Section 2.10 Taxes 21 Section 2.11 Illegality 24 Section 2.12 Evidence of Debt; Note 24 Section 2.13 Payments and Computations 24 ARTICLE 3. Representations and Warranties Section 3.01 Organization; Powers 25 Section 3.02 Authorization; Enforceability 25 Section 3.03 Governmental Approvals; No Conflicts 25 Section 3.04 Financial Condition; No Material Adverse Change 25 Section 3.05 Litigation Matters 26 Section 1.05 Rounding 3.06 Compliance with Laws, Organization Documents and Agreements 26 ARTICLE II THE COMMITMENTS AND LOANS Section 3.07 Investment Company Status 27 Section 2.01 Revolving Loans 3.08 Taxes 27 Section 2.02 Term Loans 3.09 Disclosure 27 Section 2.03 Swing Loans 3.10 Material Agreements 27 Section 3.11 Solvency 27 Section 3.12 Anti-Corruption Laws; Sanctions 28 Section 2.04 Letters of Credit 3.13 Capitalization and Subsidiaries 28 Section 2.05 Term Loan Borrowing3.14 Material Nonpublic Information 28 Section 3.15 Restricted Transactions 28 Section 3.16 Insurance 28 Section 3.17 Ownership of Property; Revolving Loan Borrowings, Swing Loan Borrowings Ownership of Collateral 28 Section 3.18 EEA Financial Institutions 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page3.19 No Registration 29 i

Definitions and Accounting Terms. 1 Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 17 Section 1.03 Terms Generally 18 Section 1.04 Accounting Terms; GAAP 18 Section 1.05 Potential Adjustment Events 18 Section 1.06 Currency Translation 19 ARTICLE 2. Amounts and Terms of the Advance Section 2.01 The Advance 19 Section 2.02 Request for the Advance 19 Section 2.03 Funding of Borrowings 19 Section 2.04 Termination of Commitment 19 Section 2.05 Repayment of the Advance 19 Section 2.06 Interest 20 Section 2.07 [Reserved] 20 Section 2.08 Prepayments of the Advance; Collateral Administration 20 Section 2.09 Increased Costs 21 Section 2.10 Taxes 22 Section 2.11 Illegality 24 Section 2.12 Evidence of Debt; Note 24 Section 2.13 Payments and Computations 25 ARTICLE 3. Representations and Warranties Section 3.01 Organization; Powers 26 Section 1.05 Rounding 3.02 Authorization; Enforceability 26 ARTICLE II THE COMMITMENTS AND LOANS Section 3.03 Governmental Approvals; No Conflicts 26 Section 3.04 Financial Condition; No Material Adverse Change 26 Section 3.05 Litigation Matters 27 Section 2.01 Revolving Loans 3.06 Compliance with Laws, Organization Documents and Agreements 27 Section 2.02 Term Loans 3.07 Investment Company Status 27 Section 2.03 Swing Loans 3.08 Taxes 27 Section 3.09 Disclosure 28 Section 2.04 Letters of Credit 3.10 Material Agreements 28 Section 2.05 Term Loan Borrowing3.11 Solvency 28 Section 3.12 Anti-Corruption Laws; Revolving Loan Borrowings, Swing Loan Borrowings Sanctions 28 Section 3.13 Capitalization and Subsidiaries 28 Section 3.14 Material Nonpublic Information 29 Section 2.06 Conversions or Continuations 34 3.15 Restricted Transactions 29 Section 2.07 Prepayments 35 3.16 Insurance 29 Section 2.08 Termination or Reduction 3.17 Ownership of Commitments 37 Property; Ownership of Collateral 29 Section 2.09 Repayment of Loans 37 3.18 EEA Financial Institutions 30 Section 2.10 Interest 38 3.19 No Registration 30 Section 2.11 Interest Rate Determination 38 3.20 No Sovereign Immunity 30 Section 2.12 Fees 39 3.21 Environmental Matters 30 Section 2.13 Computation of Interest and Fees 40 3.22 Employment Matters 30 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page3.23 ERISA 30

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 20 1.03 Accounting Terms 26 Section 20 1.04 Rounding 21 1.05 Times of Day 26 Section 1.05 Rounding 26 ARTICLE II 21 Article II. THE COMMITMENTS AND LOANS 27 Section CREDIT EXTENSIONS 21 2.01 Revolving Committed Loans 27 Section 21 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or and Continuations 34 Section 2.07 of Committed Loans 21 2.03 Prepayments 35 Section 2.08 22 2.04 Termination or Reduction of Commitments 37 Section 2.09 23 2.05 Repayment of Loans 37 Section 2.10 23 2.06 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 24 2.07 Fees 39 Section 2.13 24 2.08 Computation of Interest and Fees 40 Section 2.14 25 2.09 Evidence of Debt 40 Section 2.15 25 2.10 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 25 2.11 Sharing of Payments by Lenders 42 Section 2.17 26 2.12 Designated Borrower 27 2.13 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III 28 2.14 Defaulting Lenders 29 Article III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 30 3.01 Taxes 52 Section 30 3.02 Illegality 55 Section 34 3.03 Inability to Determine Rates 55 Section 35 3.04 Increased Costs; Reserves on Eurodollar Eurocurrency Rate Loans 56 Section 35 3.05 Compensation for Losses 57 Section 37 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 37 3.07 Survival 59 ARTICLE IV 38 Article IV. CONDITIONS PRECEDENT 59 Section 38 4.01 Conditions of to Effectiveness 59 Section 38 4.02 Conditions to Borrowing Borrowings 39 Article V. REPRESENTATIONS AND WARRANTIES 41 5.01 Existence, Qualification and Issuance Power 41 5.02 Authorization; No Contravention 41 5.03 Governmental Authorization 42 5.04 Binding Effect 42 5.05 Financial Statements; No Material Adverse Effect 42 5.06 Litigation 42 TABLE OF CONTENTS (continued) Page 5.07 Ownership of Letters Property; Liens 43 5.08 Environmental Compliance 43 5.09 Insurance 43 5.10 Taxes 43 5.11 ERISA Compliance 43 5.12 Margin Regulations; Investment Company Act 44 5.13 Disclosure 44 5.14 Compliance with Laws 44 5.15 Taxpayer Identification Number; Other Identifying Information 44 5.16 Representations as to Designated Borrower 44 5.17 OFAC 45 Article VI. AFFIRMATIVE COVENANTS 46 6.01 Financial Statements 46 6.02 Certificates; Other Information 46 6.03 Notices 47 6.04 Payment of Credits Obligations 48 6.05 Preservation of Existence, Etc. 48 6.06 Maintenance of Properties; Maintenance of Insurance 48 6.07 Compliance with Laws 48 6.08 Inspection Rights; Books and Records 48 6.09 Use of Proceeds 49 6.10 Approvals and Authorizations 49 Article VII. NEGATIVE COVENANTS 49 7.01 Liens 49 7.02 Subsidiary Indebtedness 51 7.03 Fundamental Changes 52 7.04 Dispositions 52 7.05 Transactions with Affiliates 53 7.06 Consolidated Leverage Ratio 53 7.07 Consolidated Interest Coverage Ratio 53 Article VIII. EVENTS OF DEFAULT AND REMEDIES 53 8.01 Events of Default 53 8.02 Remedies Upon Event of Default 56 8.03 Application of Funds 56 Article IX. ADMINISTRATIVE AGENT 57 9.01 Appointment and Authority 57 9.02 Rights as a Lender 57 9.03 Exculpatory Provisions 57 9.04 Reliance by Administrative Agent 58 9.05 Delegation of Duties 58 TABLE OF CONTENTS (continued) Page 9.06 Resignation of Administrative Agent 58 9.07 Non-Reliance on Administrative Agent and Other Lenders 59 9.08 No Other Duties, Etc. 60 9.09 Administrative Agent May File Proofs of Claim 60 Article X. MISCELLANEOUS 60 10.01 Amendments, Etc. 60 10.02 Notices; Effectiveness; Electronic Communication 61 Section 4.03 Conditions to Commitment Increases 61 Page10.03 No Waiver; Cumulative Remedies; Enforcement 63 10.04 Expenses; Indemnity; Damage Waiver 64 10.05 Payments Set Aside 66 10.06 Successors and Assigns 66 10.07 Treatment of Certain Information; Confidentiality 70 10.08 Right of Setoff 71 10.09 Interest Rate Limitation 71 10.10 Counterparts; Integration; Effectiveness 72 10.11 Survival of Representations and Warranties 72 10.12 Severability 72 10.13 Replacement of Lenders 72 10.14 Governing Law; Jurisdiction; Etc. 73 10.15 Waiver of Jury Trial 74 10.16 No Advisory or Fiduciary Responsibility 75 10.17 Electronic Execution of Assignments and Certain Other Documents 75 10.18 USA PATRIOT Act Notice 75 10.19 Judgment Currency 75 SCHEDULES

Definitions and Accounting Terms. 1 Section 1.01 1.01. Defined Terms 1 2 Section 1.02 1.02. Other Interpretive Provisions 25 88 Section 1.03 1.03. Accounting Terms 26 88 Section 1.04 1.04. Rounding 89 Section 1.05. References to Agreements and Laws 89 Section 1.06. Times of Day 26 90 Section 1.05 Rounding 26 1.07. Timing of Payment or Performance 90 Section 1.08. Currency Equivalents Generally 90 Section 1.09. Letter of Credit Amounts 90 Section 1.10. Pro Forma Calculations 90 Section 1.11. Calculation of Baskets 93 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving 2.01. The Loans 27 93 Section 2.02 Term 2.02. Borrowings, Conversions and Continuations of Loans 27 94 Section 2.03 Swing Loans 28 Section 2.04 2.03. Letters of Credit 28 97 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, 2.04. Swing Loan Borrowings 29 Line Loans 107 Section 2.06 Conversions or Continuations 34 2.05. Prepayments 110 Section 2.07 Prepayments 35 Section 2.08 2.06. Termination or Reduction of Commitments 37 126 Section 2.09 2.07. Repayment of Loans 37 128 Section 2.10 2.08. Interest 38 128 Section 2.11 Interest Rate Determination 38 2.09. Fees 129 Section 2.12 Fees 39 Section 2.13 2.10. Computation of Interest and Fees 40 130 Section 2.14 2.11. Evidence of Debt 40 Indebtedness 131 Section 2.15 2.12. Payments Generally; Administrative Agent’s Clawback 41 132 Section 2.16 2.13. Sharing of Payments by Lenders 42 134 Section 2.17 Increase in the Aggregate 2.14. Incremental Facilities 135 Section 2.15. Extension of Term Loans and Revolving Credit Commitments 42 138 Section 2.18 Extension 2.16. Permitted Debt Exchanges 142 Section 2.17. New Incremental Indebtedness 144 Section 2.18. Cash Collateral 146 Section 2.19. Defaulting Lenders 147 Section 2.20. Specified Refinancing Debt 150 Table of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Contents (continued) Page ARTICLE III TAXES, YIELD INCREASED COSTS PROTECTION AND ILLEGALITY 52 Section 3.01 3.01. Taxes 52 152 Section 3.02 3.02. Illegality 55 157 Section 3.03 3.03. Inability to Determine Rates 55 158 Section 3.04 3.04. Increased CostsCost and Reduced Return; Reserves on Eurodollar Rate Loans 56 Capital Adequacy 158 Section 3.05 3.05. Funding Losses 160 Section 3.06. Matters Applicable to All Requests for Compensation for Losses 57 160 Section 3.06 Mitigation Obligations; 3.07. Replacement of Lenders 58 under Certain Circumstances 162 Section 3.07 3.08. Survival 59 164 ARTICLE IV CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of Effectiveness 59 Section 4.02 4.01. Conditions to Borrowing and Issuance of Letters of Credits 61 Closing Date 164 Section 4.03 4.02. Conditions to Commitment Increases 61 PageAll Credit Extensions 169 ARTICLE V

Definitions and Accounting Terms. 1 Section 1.01 SECTION 1.1 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 SECTION 1.2 Use of Defined Terms 13 SECTION 1.3 Cross-References 13 SECTION 1.4 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 and Financial Determinations 13 ARTICLE II THE COMMITMENTS FACILITY AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or BORROWING PROCEDURES SECTION 2.1 Facility 14 SECTION 2.2 [Intentionally Omitted] 14 SECTION 2.3 Reduction of Commitments 37 Section 2.09 Commitment Amount 14 SECTION 2.4 Base Rate Loans and Eurodollar Loans 14 SECTION 2.5 Borrowing Procedures for Loans 15 SECTION 2.6 Continuation and Conversion Elections 15 SECTION 2.7 Funding 16 SECTION 2.8 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Loans; Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing 16 SECTION 2.9 Addition of Payments by Lenders 42 Section 2.17 and Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Commitment Amount 17 ARTICLE III TAXESREPAYMENTS, YIELD PROTECTION PREPAYMENTS, INTEREST AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 FEES SECTION 3.1 Repayments and Prepayments 17 SECTION 3.2 Interest Provisions 17 SECTION 3.3 Fees 18 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions CERTAIN EURODOLLAR AND OTHER PROVISIONS SECTION 4.1 Eurodollar Lending Unlawful 19 SECTION 4.2 Deposits Unavailable or Eurodollar Interest Rate Unascertainable 19 SECTION 4.3 Increased Eurodollar Borrowing Costs, etc 19 SECTION 4.4 Funding Losses 19 SECTION 4.5 Increased Capital Costs 20 SECTION 4.6 Taxes 20 SECTION 4.7 Special Fees in Respect of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageReserve Requirements 22 SECTION 4.8 Payments, Computations, etc 22 TABLE OF CONTENTS (continued) Pages

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 2 Section 1.02 Other Interpretive Provisions 25 56 Section 1.03 Accounting Terms; Calculation of Financial Covenant and other Financial Ratios and Terms 26 57 Section 1.04 Rounding 58 Section 1.05 Timing of Payment or Performance 58 Section 1.06 Times of Day 26 58 Section 1.05 Rounding 26 1.07 Letter of Credit Amounts 58 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving The Loans 27 58 Section 2.02 Term Borrowings, Conversions and Continuations of Loans 27 59 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 61 Section 2.04 Swing Line Loans 69 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Prepayments 73 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 79 Section 2.09 2.07 Repayment of Loans 37 80 Section 2.08 Interest 81 Section 2.09 Fees 81 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 82 Section 2.14 2.11 Evidence of Debt 40 82 Section 2.15 2.12 Payments Generally; Administrative Agent’s Clawback 41 83 Section 2.16 2.13 Sharing of Payments by Lenders 42 85 Section 2.17 Increase in the Aggregate 2.14 Incremental Credit Extensions 85 Section 2.15 Extensions of Term Loans and Revolving Credit Commitments 42 89 Section 2.16 Defaulting Lenders 91 Section 2.17 Cash Collateral 93 Section 2.18 Extension Designation of Revolving Credit Maturity Date 44 Subsidiaries 95 Section 2.19 Issuance of Letters of Credit 48 Permitted Debt Exchanges 96 Section 2.20 Specified Refinancing Debt 97 Section 2.21 The Borrower Representative 99 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 99 Section 3.02 Illegality 55 104 Section 3.03 Inability to Determine Rates 55 104 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 105 Section 3.05 Compensation for Losses 57 106 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 106 Section 3.07 Survival 59 107 ARTICLE IV CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of Effectiveness 59 to Acquisition Effective Date 107 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 all Other Credit Extensions 109 Section 4.03 Conditions to Commitment Increases 61 PagePage ARTICLE V

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Interpretative Provisions 25 50 Section 1.03 Accounting Terms 26 and Determinations 51 Section 1.04 Rounding 52 Section 1.05 Times of Day 26 52 Section 1.05 Rounding 26 1.06 Classes and Types of Borrowings 53 ARTICLE II II. THE COMMITMENTS AND LOANS 27 CREDIT FACILITIES Section 2.01 Revolving Loans 27 Commitments To Lend 53 Section 2.02 Term Loans 27 Notice of Borrowings 54 Section 2.03 Swing Notice to Lenders; Funding of Loans 28 55 Section 2.04 Letters Evidence of Credit 28 Loans 55 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Interest 56 Section 2.06 Conversions or Continuations 34 Extension and Conversion 57 Section 2.07 Prepayments 35 Scheduled Amortization 58 Section 2.08 Termination or Reduction of Commitments 37 Prepayments 58 Section 2.09 Repayment of Loans 37 Fees 61 Section 2.10 Interest 38 Pro rata Treatment 61 Section 2.11 Interest Rate Determination 38 Sharing of Payments by Lenders 61 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 62 Section 2.13 Increase in Commitments 63 Section 2.14 Defaulting Lenders 66 Section 2.15 Refinancing Amendments 67 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Discounted Prepayments 68 ARTICLE III III. TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 73 Section 3.02 Illegality 55 76 Section 3.03 Inability to To Determine Rates 55 77 Section 3.04 Increased CostsCosts and Reduced Return; Reserves on Eurodollar Rate Loans 56 Capital Adequacy 77 Section 3.05 Compensation for Losses 57 78 Section 3.06 Base Rate Loans Substituted for Affected Eurodollar Loans 79 Section 3.07 Mitigation Obligations; Replacement of Lenders 58 79 Section 3.07 3.08 Survival 59 80 ARTICLE IV IV. CONDITIONS PRECEDENT 59 TO BORROWINGS Section 4.01 Conditions of Effectiveness 59 to Initial Borrowings 80 Section 4.02 Conditions to Borrowing All Borrowings 84 ARTICLE V. REPRESENTATIONS AND WARRANTIES Section 5.01 Existence, Qualification and Issuance Power 85 Section 5.02 Authorization; No Contravention 85 Section 5.03 Governmental Authorization; Other Consents. 85 Section 5.04 Binding Effect 85 Section 5.05 Financial Condition; No Material Adverse Effect 86 Section 5.06 Litigation 86 Section 5.07 Ownership of Letters Property, Liens 86 Section 5.08 Environmental Matters 86 Section 5.09 Insurance 87 Section 5.10 Taxes 87 Section 5.11 ERISA; Foreign Pension Plans; Employee Benefit Arrangements 87 Section 5.12 Subsidiaries; Equity Interests 88 Section 5.13 Margin Regulations; Investment Company Act 89 Section 5.14 Disclosure 89 Section 5.15 Compliance with Law 89 Section 5.16 Intellectual Property 89 Section 5.17 Use of Credits 61 Proceeds 89 Section 4.03 Conditions to Commitment Increases 61 Page5.18 Solvency 90 Section 5.19 Collateral Documents 90 Section 5.20 Senior Indebtedness 91 Section 5.21 International Trade Laws; Sanctions 91 Section 5.22 Anti-Corruption Laws 92 Section 5.23 No Default 92 Section 5.24 Labor Relations 92 ARTICLE VI.

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 1.2 Use of Defined Terms 31 Section 1.03 1.3 Cross-References 31 Section 1.4 Accounting and Financial Determinations 31 Section 1.5 Exchange Rates; Currency Equivalents 32 Section 1.6 Redenomination of Certain Foreign Currencies and 32 Computation of Dollar Amounts Section 1.7 American Legal Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 33 ARTICLE II THE COMMITMENTS COMMITMENTS, BORROWING AND LOANS 27 ISSUANCE PROCEDURES, NOTES AND LETTERS OF CREDIT Section 2.01 Revolving Loans 27 2.1 Commitments 33 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters 2.2 Reduction of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations the Commitment Amounts 34 Section 2.07 Prepayments 2.3 Borrowing Procedures 35 Section 2.08 Termination or Reduction of Commitments 37 2.4 Continuation and Conversion Elections 36 Section 2.09 Repayment of 2.5 Alternate Currency Loans 37 Section 2.10 Interest 2.6 Funding 38 Section 2.11 Interest Rate Determination 2.7 Issuance Procedures 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally2.8 Registers; Administrative Agent’s Clawback Notes 41 Section 2.16 2.9 Designated Borrowers 42 ARTICLE III REPAYMENTS, PREPAYMENTS, INTEREST AND FEES Section 3.1 Repayments and Prepayments; Application 43 Section 3.2 Interest Provisions 47 Section 3.3 Fees 48 ARTICLE IV CERTAIN LIBO RATE AND OTHER PROVISIONS Section 4.1 LIBO Rate Lending Unlawful 50 Section 4.2 Deposits Unavailable 50 Section 4.3 Increased LIBO Rate Loan Costs, etc 50 Section 4.4 Funding Losses 51 Section 4.5 Increased Capital Costs 51 Section 4.6 Taxes 51 Section 4.7 Payments, Computations; Proceeds of Collateral, etc 53 Section 4.8 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 4.9 Setoff 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 4.10 Removal of Lenders 56 Section 3.05 Compensation for Losses 4.11 Guaranty by Borrowers 57 ARTICLE V CONDITIONS TO CREDIT EXTENSIONS Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 5.1 Initial Credit Extension 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page5.2 All Credit Extensions 63 ARTICLE VI REPRESENTATIONS AND WARRANTIES

Definitions and Accounting Terms. 1 Section 1.01 1.01. Certain Defined Terms 1 Section 1.02 1.02. Other Definitional and Interpretive Provisions 25 18 Section 1.03 1.03. Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 Terms; GAAP 18 ARTICLE II AMOUNTS AND TERMS OF THE COMMITMENTS AND LOANS 27 ADVANCES 19 Section 2.01 Revolving 2.01. Loans, Etc. 19 Section 2.02. Making the Loans 27 19 Section 2.02 Term Loans 27 2.03. Commitment Fees 21 Section 2.03 Swing Loans 28 2.04. Repayment; Evidence of Debt 21 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 2.05. Termination or Reduction of the Commitments 37 21 Section 2.09 Repayment 2.06. Conversion of Loans 37 21 Section 2.10 2.07. Prepayments 22 Section 2.08. Interest 38 23 Section 2.11 2.09. Increased Costs, Illegality, Etc. 23 Section 2.10. Payments and Computations 25 Section 2.11. Taxes 26 Section 2.12. Sharing of Payments, Etc. 28 Section 2.13. Replacement of Lender 29 Section 2.14. Interest Rate Determination 38 29 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase 2.15. Borrowings in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Sterling 30 ARTICLE III TAXES, YIELD PROTECTION REPRESENTATIONS AND ILLEGALITY 52 WARRANTIES 32 Section 3.01 3.01. Organization; Powers 32 Section 3.02. Authorization; Enforceability 32 Section 3.03. Governmental Approvals; No Conflicts 33 Section 3.04. Financial Condition; No Material Adverse Change 33 Section 3.05. Litigation 33 Section 3.06. Compliance with Laws and Agreements 33 Section 3.07. Investment Company Act 34 Section 3.08. Taxes 52 34 Section 3.02 Illegality 55 3.09. ERISA 34 Section 3.03 Inability to Determine Rates 55 3.10. Disclosure 34 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 3.11. Holding Company Status 34 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 3.12. Subsidiaries 34 ARTICLE IV CONDITIONS PRECEDENT 59 OF LENDING 34 Section 4.01 Conditions of Effectiveness 59 Section 4.02 4.01. Conditions to Borrowing and Issuance of Letters of Credits 61 Initial Loans 34 Section 4.03 4.02. Conditions to Commitment Increases 61 PageEach Borrowing 36 ARTICLE V AFFIRMATIVE COVENANTS 36 Section 5.01. Financial Statements and Other Information 36 Section 5.02. Notices of Material Events 37 Section 5.03. Existence; Conduct of Business 38 Section 5.04. Payment of Obligations 38 Section 5.05. Maintenance of Insurance 38 Section 5.06. Books and Records; Inspection Rights 38 Section 5.07. Compliance with Laws and Material Contractual Obligations 39 Section 5.08. Use of Proceeds 39 Section 5.09. Maintenance of Properties, Etc 39 Section 5.10. Subsidiaries. 39 ARTICLE VI NEGATIVE COVENANTS 39 Section 6.01. Fundamental Changes 39 Section 6.02. Other Indebtedness of the Borrower. 40 Section 6.03.

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times 1.2 Computation of Day 26 Section 1.05 Rounding 26 Time Periods 12 ARTICLE II THE COMMITMENTS AND LOANS 27 12 Section 2.01 Revolving Loans 27 2.1 Commitments 12 Section 2.02 Term Loans 27 2.2 Competitive Bid Procedure 13 Section 2.03 Swing Loans 28 2.3 Committed Borrowing Procedure 15 Section 2.04 Letters of Credit 28 2.4 Refinancings; Conversions 15 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 2.5 Fees 16 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 2.6 Termination or and Reduction of Commitments 37 17 Section 2.09 Repayment of 2.7 Loans 37 17 Section 2.8 Loan Accounts 18 Section 2.9 Interest on Loans 18 Section 2.10 Interest 38 on Overdue Amounts 19 Section 2.11 Alternate Rate of Interest Rate Determination 38 19 Section 2.12 Fees 39 Prepayment of Loans 19 Section 2.13 Computation of Interest and Fees 40 Reserve Requirements; Change in Circumstances 20 Section 2.14 Evidence of Debt 40 Change in Legality 22 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Indemnity 22 Section 2.16 Pro Rata Treatment 23 Section 2.17 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Setoffs 23 Section 2.18 Extension of Revolving Credit Maturity Date 44 Payments 24 Section 2.19 Tax Forms 25 Section 2.20 Calculation of LIBO Rates 25 Section 2.21 Booking Loans 25 Section 2.22 Quotation of Rates 25 ARTICLE III LETTERS OF CREDIT 25 Section 3.1 L/C Commitment 25 Section 3.2 Procedure for Issuance of Letters Letter of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 26 Section 3.01 Taxes 52 3.3 Fees and Other Charges 26 Section 3.02 Illegality 55 3.4 L/C Participations 26 Section 3.03 Inability to Determine Rates 55 3.5 Reimbursement Obligation of the Company 27 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 3.6 Obligations Absolute 28 Section 3.05 Compensation for Losses 57 3.7 Letter of Credit Payments 28 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 3.8 Applications 28 ARTICLE IV CONDITIONS PRECEDENT 59 OF LENDING 28 Section 4.01 4.1 Conditions Precedent 28 Section 4.2 Conditions Precedent to Each Committed Borrowing 29 Section 4.3 Conditions Precedent to Each Competitive Borrowing 30 Section 4.4 Conditions Precedent to Each Letter of Effectiveness 59 Credit Issuance 30 Section 4.02 Conditions 4.5 Legal Details 30 ARTICLE V REPRESENTATIONS AND WARRANTIES 31 Section 5.1 Organization, Authority and Qualifications 31 Section 5.2 Financial Statements 31 Section 5.3 Compliance with Agreement and Laws 31 Section 5.4 Authorization; No Breach; and Valid Agreements 31 Section 5.5 Litigation and Judgments 32 Section 5.6 Ownership of Properties 32 Section 5.7 Taxes 32 Section 5.8 Approvals Required 32 Section 5.9 Business; Status as Air Carrier 32 Section 5.10 ERISA Compliance 32 Section 5.11 Insurance 32 Section 5.12 Purpose of Loan 32 Section 5.13 Investment Company Act 32 Section 5.14 General 33 ARTICLE VI COVENANTS 33 Section 6.1 Performance of Obligations 33 Section 6.2 Compliance with Laws 33 Section 6.3 Maintenance of Existence Licenses and Franchises: Compliance With Agreements 33 Section 6.4 Maintenance of Properties 33 Section 6.5 Maintenance of Books and Records 34 Section 6.6 Inspection 34 Section 6.7 Insurance 34 Section 6.8 Appraisals 34 Section 6.9 Coverage Ratio 34 Section 6.10 Reporting Requirements 34 Section 6.11 Use of Proceeds 35 Section 6.12 Pool Assets 36 Section 6.13 Restrictions on Liens 37 Section 6.14 Mergers and Dissolutions 37 Section 6.15 Assignment 37 ARTICLE VII EVENTS OF DEFAULT; REMEDIES 37 Section 7.1 Events of Default 37 Section 7.2 Remedies Upon Default 39 Section 7.3 Remedies in General 39 ARTICLE VIII THE AGENTS 40 Section 8.1 Authorization and Action 40 Section 8.2 Agents' Reliance, Etc. 40 Section 8.3 Rights of Agents as Banks 40 Section 8.4 Bank Credit Decision 41 Section 8.5 Agents' Indemnity 41 Section 8.6 Successor Administrative Agent 41 Section 8.7 Notice of Default 42 Section 8.8 Documentation Agents and Syndication Agent 42 ARTICLE IX MISCELLANEOUS 42 Section 9.1 Amendments, Etc 42 Section 9.2 Notices, Etc. 43 Section 9.3 No Waiver; Remedies 43 Section 9.4 Costs, Expenses and Taxes 44 Section 9.5 Indemnity 44 Section 9.6 Right of Setoff 44 SECTION 9.7 GOVERNING LAW 44 Section 9.8 Submission To Jurisdiction; Waivers 45 Section 9.9 Survival of Representations and Warranties 45 Section 9.10 Binding Effect 45 Section 9.11 Successors and Assigns; Participations 45 Section 9.12 Independence of Covenants 48 Section 9.13 Severability 48 Section 9.14 Integration 48 Section 9.15 Descriptive Headings 48 Section 9.16 Execution in Counterparts 48 Section 9.17 WAIVERS OF JURY TRIAL 48 SCHEDULES Location of Lending Office; Notice Information Schedule I Pool Assets Schedule II EXHIBITS Form of Competitive Bid Request Exhibit A-1 Form of Notice of Committed Borrowing Exhibit A-2 Form of Notice to Borrowing Banks of Competitive Bid Request Exhibit B Form of Competitive Bid Exhibit C Form of Competitive Note Exhibit D-1 Form of Committed Note Exhibit D-2 Form of Company's Internal Counsel Opinion Exhibit E-1 Form of Company's Outside Counsel Opinion Exhibit E-2 Form of Agents' Counsel Opinion Exhibit E-3 Form of Financial Report Certificate Exhibit F Form of Assignment and Issuance Acceptance Exhibit G Form of Letters Appraisal Exhibit H COMPETITIVE ADVANCE AND REVOLVING CREDIT FACILITY AGREEMENT COMPETITIVE ADVANCE AND REVOLVING CREDIT FACILITY AGREEMENT, dated as of Credits 61 Section 4.03 Conditions April 20, 2004, among SOUTHWEST AIRLINES CO. (the "Company"), the Banks, JPMORGAN CHASE BANK, as administrative agent for the Banks (in such capacity, the "Administrative Agent"), CITICORP USA INC., as syndication agent for the Banks (in such capacity, the "Syndication Agent"), and BARCLAYS BANK PLC, SUNTRUST BANK and UBS AG, STAMFORD BRANCH as documentation agents for the Banks (collectively, in such capacity, the "Documentation Agents"). The Company has requested the Banks to Commitment Increases 61 Pageextend credit to the Company in order to enable it to borrow on a revolving credit basis and to obtain letters of credit on and after the Effective Date and at any time and from time to time prior to the Termination Date (each as herein defined) in an aggregate principal amount not in excess of $575,000,000 at any time outstanding. The Company has also requested the Banks to provide a procedure pursuant to which the Company may designate that all of the Banks be invited to bid on an uncommitted basis on borrowings by the Company scheduled to mature on or prior to the Termination Date. The Banks are willing to extend such credit to the Company on the terms and conditions herein set forth. Accordingly, the Company, the Agents, and the Banks agree as follows:

Definitions and Accounting Terms. 1 Section 1.01 1.01. Defined Terms 1 Section 1.02 Other Interpretive 1.02. Rules of Construction 4 Section 1.03. Accounting and Financial Determinations 4 ARTICLE II: THE LOANS Section 2.01. Loans 4 Section 2.02. Note 5 Section 2.03. Scheduled Payments 5 Section 2.04. Prepayments 5 Section 2.05. Interest Provisions 25 5 Section 1.03 Accounting Terms 26 2.06. Payments Absolute 6 Section 1.04 Times of Day 26 2.07. Increased Capital Costs 6 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 27 2.08. Taxes 6 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest 2.09. Joint and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 Several Liability 7 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 CONDITIONS TO LOANS 7 ARTICLE IV CONDITIONS PRECEDENT 59 REPRESENTATIONS, WARRANTIES AND COVENANTS OF BORROWER 8 ARTICLE V SECURITY INTEREST 10 ARTICLE VI: COVENANTS Section 4.01 6.01. Affirmative Covenants 10 Section 6.02. Negative Covenants 12 Section 6.03. Indemnity 13 Section 6.04. Performance by Lender 14 ARTICLE VII: EVENTS OF DEFAULT Section 7.01. Events of Default 14 Section 7.02. Remedies 15 Section 7.03. Use of Proceeds 15 ARTICLE VIII: MISCELLANEOUS PROVISIONS Section 8.01. Waivers, Amendments 16 Section 8.02. Notices 16 Section 8.03. Severability 16 Section 8.04. Execution in Counterparts 16 Section 8.05. Further Assurance and Corrective Instruments 16 Section 8.06. Time of the Essence 16 Section 8.07. Entire Agreement 16 Section 8.08. Governing Law 16 Section 8.09. Successors and Assigns; Assignments by Lender 16 Section 8.10. Assignments, Participations and Securitizations 16 Section 8.11. Waiver of Jury Trial 17 Section 8.12. Forum Selection and Consent to Jurisdiction 17 Section 8.13. Waiver of Certain Claims 18 SCHEDULES SCHEDULE I - Additional Definitions SCHEDULE II - Additional Conditions Precedent SCHEDULE III - Financial Covenants SCHEDULE IV - Disclosure Statements SCHEDULE V - List of Effectiveness 59 Section 4.02 Conditions to Borrowing Subsidiaries LOAN AGREEMENT THIS LOAN AGREEMENT (this “Agreement”) dated as of December 13, 2012 among STELLARIS, a Nevada limited liability company (together with its successors and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pageassigns, “Stellaris”) and Q3 CONTRACTING, INC. (together with it succesors and assigns, “Q3”; Stellaris and Q3, jointly and severally, “Borrower”), and RBS ASSET FINANCE, INC., a New York corporation (together with its successors and assigns, “Lender”).

Definitions and Accounting Terms. 1 Section 1.01 1.01. Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 1.02. Computation of Time Periods 21 Section 1.03. Accounting Terms 22 Section 1.04. Miscellaneous 22 ARTICLE II AMOUNT AND TERMS OF THE ADVANCES AND LETTERS OF CREDIT Section 2.01. The Advances 22 Section 2.02. Making the Advances 22 Section 2.03. Fees 24 Section 2.04. Repayments of Advances 24 Section 2.05. Interest 25 Section 1.03 Accounting Terms 2.06. Additional Interest on LIBOR Advances 26 Section 1.04 Times of Day 2.07. Interest Rate Determination and Protection 26 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 2.08. Conversion of Advances; Continuation 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 2.09. Optional Prepayments 28 Section 2.04 2.10. Increased Costs; Capital Adequacy, Etc 28 Section 2.11. Illegality and Defaulting Lenders 29 Section 2.12. Payments and Computations 30 Section 2.13. Taxes 31 Section 2.14. Sharing of Payments, Etc 33 Section 2.15. Ratable Reduction or Termination of the Commitments; Effect of Termination 34 Section 2.16. Increase of Commitments; Additional Lenders 34 Section 2.17. Replacement of Lender 35 Section 2.18. Certificates of Lenders 36 Section 2.19. Letters of Credit 28 36 ARTICLE III CONDITIONS Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 3.01. Initial Conditions Precedent 39 Section 2.13 Computation of Interest and Fees 3.02. Additional Conditions Precedent to Each Advance 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters 3.03. Conditions Precedent to Each Letter of Credit 48 41 ARTICLE III TAXES, YIELD PROTECTION IV REPRESENTATIONS AND ILLEGALITY 52 WARRANTIES Section 3.01 Taxes 52 4.01. Representations and Warranties 41 ARTICLE V COVENANTS Section 3.02 Illegality 55 5.01. Affirmative Covenants 45 Section 3.03 Inability to Determine Rates 55 5.02. Negative Covenants 50 i TABLE OF CONTENTS Page ARTICLE VI EVENTS OF DEFAULT Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 6.01. Events of Default 57 Section 3.06 Mitigation Obligations; Replacement 6.02. L/C Cash Collateral Accounts 60 Section 6.03. Application of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions Amounts Received Following the Occurrence of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance an Event of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageDefault 60

Definitions and Accounting Terms. 1 Section 1.01 2 SECTION 1.01. Certain Defined Terms 1 Section 1.02 2 SECTION 1.02. Computation of Time Periods 23 SECTION 1.03. Accounting Terms 23 SECTION 1.04. Permitted Liens 2423 SECTION 1.05. Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 24 ARTICLE II AMOUNTS AND TERMS OF THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving 24 SECTION 2.01. The Loans 24 SECTION 2.02. Making the Loans 24 SECTION 2.03. Fees 2524 SECTION 2.04. Repayment of Loans 25 SECTION 2.05. Interest on Loans 25 SECTION 2.06. Interest Rate Determination 25 SECTION 2.07. Optional Conversion of Loans 2726 SECTION 2.08. Prepayments of Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 SECTION 2.09. Increased Costs 29 SECTION 2.10. Illegality 30 SECTION 2.11. Payments and Computations 30 SECTION 2.12. Taxes 31 SECTION 2.13. Sharing of Payments, Etc 34 SECTION 2.14. Evidence of Debt 35 SECTION 2.15. Use of Proceeds 35 SECTION 2.16. Defaulting Lenders 35 SECTION 2.17. Replacement of Certain Lenders 35 SECTION 2.18. [Reserved] 36 SECTION 2.19. [Reserved] 36 SECTION 2.20. Effect of Conversion to Exit Facility 36 SECTION 2.21. Certain Pledges of Stock 36 ARTICLE III CONDITIONS TO EFFECTIVENESS AND LENDING 3736 SECTION 3.01. Conditions Precedent 3736 SECTION 3.02. Determinations Under this Agreement 38 ARTICLE IV REPRESENTATIONS AND WARRANTIES 38 SECTION 4.01. Representations and Warranties of the Company 38 ARTICLE V COVENANTS OF THE COMPANY 4342 SECTION 5.01. Affirmative Covenants 4342 SECTION 5.02. Negative Covenants 49 SECTION 5.03. Financial Covenants 57 ARTICLE VI EVENTS OF DEFAULT 5958 SECTION 6.01. Events of Default 5958 SECTION 6.02. Application of Funds; Intercreditor Provisions 61 ARTICLE VII GUARANTY 62 SECTION 7.01. Guaranty; Limitation of Liability 62 SECTION 7.02. Guaranty Absolute 63 SECTION 7.03. Waivers and Acknowledgments 64 SECTION 7.04. Subrogation 6564 SECTION 7.05. Guaranty Supplements 65 SECTION 7.06. Subordination 6665 SECTION 7.07. Continuing Guaranty; Assignments 66 ARTICLE VIII THE AGENT 6766 SECTION 8.01. Authorization and Action 6766 SECTION 8.02. Agent Individually 67 SECTION 8.03. Duties of Agent; Exculpatory Provisions 68 SECTION 8.04. Reliance by Agent 69 SECTION 8.05. Indemnification 69 SECTION 8.06. Delegation of Duties 7069 SECTION 8.07. Resignation of Agent 70 SECTION 8.08. Non-Reliance on Agent and Other Lenders 70 SECTION 8.09. Agent May File Proofs of Claim 71 SECTION 8.10. Intercreditor Agreement 7271 ARTICLE IX MISCELLANEOUS 72 SECTION 9.01. Amendments, Waivers 72 SECTION 9.02. Notices, Etc 7372 SECTION 9.03. No Waiver; Remedies 74 SECTION 9.04. Costs and Expenses 75 SECTION 9.05. Payments Set Aside 76 SECTION 9.06. Right of Set-off 7776 SECTION 9.07. Binding Effect 77 SECTION 9.08. Assignments and Participations 77 SECTION 9.09. Confidentiality 80 SECTION 9.10. Execution in Counterparts 81 SECTION 9.11. Survival of Representations and Warranties 81 SECTION 9.12. Severability 81 SECTION 9.13. Jurisdiction 8281 SECTION 9.14. PATRIOT Act Notice 8382 SECTION 9.15. Release of Collateral; Termination of Loan Documents 8382 SECTION 9.16. Judgment Currency 83 SECTION 9.17. No Fiduciary Duty 8483 SECTION 9.18. Electronic Execution of Assignments and Certain Other Documents 84 Schedules Exhibits Schedule II - Subsidiary Guarantors and Material Subsidiaries Schedule 1.01(a) - Existing Secured Agreements Schedule 1.01(b) - Other Existing Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan BorrowingsSchedule 2.01(a) - First Lien Loans Schedule 2.01(b) - Junior Loans Schedule 4.01(f) - Certain Proceedings Schedule 4.01(m) - Material Real Properties Schedule 4.01(q) - Deposit Accounts Schedule 4.01(r) - Material CFCs Schedule 5.01(m) - Foreign Security Interests Schedule 5.01(n) - Post-Closing Obligations Schedule 5.02(a) - Existing Liens Schedule 5.02(d) - Existing Debt Schedule 5.02(e) - Sales, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest Transfers and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Other Dispositions Schedule 5.02(i)(iii) - Existing Intercompany Investments Schedule 5.02(1) - Certain Restrictions Schedule 5.02(o) - Sale Leaseback Transactions Schedule 6.01(f) - Judgments Schedule 9.02 - Agent’s Clawback 41 Office; Certain Address for Notices Exhibit A - Form of Term Note Exhibit B - Form of Notice of Borrowing Exhibit C - Form of Assignment and Acceptance Exhibit D - Form of Security Agreement Exhibit F - Form of Guaranty Supplement Exhibit G - Form of Intercreditor Agreement LOAN AGREEMENT This LOAN AGREEMENT, dated as of [ ], 2013, among XXXXXXX KODAK COMPANY, a New Jersey corporation (the “Company”), the U.S. Subsidiaries of the Company party hereto, as Guarantors, the banks, financial institutions and other institutional lenders from time to time party hereto (the “Lenders”), and Wilmington Trust, National Association, as administrative agent and collateral agent for the Lenders. INTRODUCTORY STATEMENT On January 19, 2012 (the “Petition Date”), the Company (such term and each other capitalized term used but not otherwise defined herein having the meaning assigned to it in Section 2.16 Sharing 1.01) and each of Payments by Lenders 42 Section 2.17 Increase the U.S. Subsidiary Guarantors (collectively, the “Debtors”) filed voluntary petitions with the Bankruptcy Court initiating their respective cases that are pending under Chapter 11 of the Bankruptcy Code (the cases of the Company and the U.S. Subsidiary Guarantors, each a “Case” and collectively, the “Cases”) and continued in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension possession of Revolving Credit Maturity Date 44 Section 2.19 Issuance their assets and in the management of Letters their business pursuant to Sections 1107 and 1108 of Credit 48 ARTICLE III TAXESthe Bankruptcy Code. Certain of the Lenders provided the Company with certain debtor-in-possession term loan facilities in an aggregate principal amount of $[843,650848,200,000], YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation consisting of (i) first lien “first out”new money term loans in the aggregate principal amount of $$[473,200,000,000, (ii) first lien “last out” term loans in the aggregate principal amount of $[268,650,000],] and (iii) second lien term loans in the aggregate principal amount of $375,000,000, which were deemed made in exchange for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Pagecertain Second Lien Debt (defined below).

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 Section 1.02 Other Interpretive Provisions 1.2 Use of Defined Terms 22 Section 1.3 Cross-References 22 Section 1.4 Accounting and Financial Determinations 22 ARTICLE II REVOLVING CREDIT FACILITY 23 Section 2.1 Revolving Loans 23 Section 2.2 Reduction of Aggregate Commitment Amount 23 Section 2.3 Borrowing Procedures 23 Section 2.4 Continuation and Conversion Elections 24 Section 2.5 Funding 24 Section 2.6 Swingline Loans 24 Section 2.7 Notes 25 Section 1.03 Accounting Terms 2.8 Appointment of Agent for the Borrowers 26 Section 1.04 Times of Day 2.9 Absolute Obligations 26 Section 1.05 Rounding 26 2.10 Partial Releases 27 ARTICLE II THE COMMITMENTS III REPAYMENTS, PREPAYMENTS, INTEREST AND LOANS FEES 27 Section 2.01 Revolving Loans 3.1 Repayments and Prepayments; Application 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 3.2 Interest Provisions 28 Section 2.04 Letters of Credit 28 3.3 Fees 29 ARTICLE IV CERTAIN LIBOR AND OTHER PROVISIONS 30 Section 2.05 Term 4.1 LIBOR Lending Unlawful 30 Section 4.2 Deposits Unavailable 30 Section 4.3 Increased LIBOR Loan Borrowing; Revolving Loan BorrowingsCosts, Swing Loan Borrowings 29 etc. 30 Section 2.06 Conversions or Continuations 4.4 Funding Losses 31 Section 4.5 Increased Capital Costs 31 Section 4.6 Taxes 31 Section 4.7 Payments, Computations, etc. 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 4.8 Sharing of Payments by Lenders 42 34 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 4.9 Setoff 35 Section 2.18 Extension of Revolving Credit Maturity Date 44 4.10 Mitigation; Time Limitation 35 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; 4.11 Replacement of Lenders 36 ARTICLE V CONDITIONS TO CREDIT EXTENSIONS 37 Section 5.1 Initial Loan 37 Section 5.2 All Loans 40 ARTICLE VI REPRESENTATIONS AND WARRANTIES 40 Section 6.1 Organization, etc. 40 Section 6.2 Due Authorization, Non-Contravention, etc. 41 Section 6.3 Government Approval, Regulation, etc. 41 Section 6.4 Validity, etc. 41 Section 6.5 Financial Information 41 Section 6.6 No Material Adverse Effect; Compliance with Laws 42 Section 6.7 Litigation 42 Section 6.8 Subsidiaries 42 Section 6.9 Ownership of Properties 42 Section 6.10 Taxes 42 Section 6.11 Pension and Welfare Plans 43 Section 6.12 Environmental Warranties 43 Section 6.13 Accuracy of Information 44 Section 6.14 Margin Stock 44 Section 6.15 Foreign Assets Control Regulations 44 Section 6.16 Labor Relations; Management Agreements 44 Section 6.17 Insurance 45 Section 6.18 Collateral Documents 45 Section 6.19 Compliance with OFAC Rules and Regulations 45 ARTICLE VII FINANCIAL INFORMATION AND NOTICES 45 Section 7.1 Financial Statements and Projections 45 Section 7.2 Certificates 46 Section 7.3 Other Reports 46 Section 7.4 Notice of Litigation and Other Matters 47 Section 7.5 Accuracy of Information 48 ARTICLE VIII AFFIRMATIVE COVENANTS 48 Section 8.1 Maintenance of Existence; Compliance with Laws, etc. 48 Section 8.2 Maintenance of Properties 49 Section 8.3 Insurance 49 Section 8.4 Visitations, Books and Records, Field Audits 49 Section 8.5 Environmental Law Covenant 50 Section 8.6 Use of Proceeds 50 Section 8.7 Future Subsidiaries, Security, etc. 51 Section 8.8 Procedures to Ensure Information Dissemination 51 Section 8.9 Further Assurances 51 Section 8.10 Maintenance of Assets 52 Section 8.11 CP Facility Availability 53 ARTICLE IX FINANCIAL COVENANTS 53 Section 9.1 Maximum Senior Leverage Ratio 53 Section 9.2 Minimum Interest Coverage Ratio 53 Section 9.3 Minimum Adjusted Tangible Net Worth 53 ARTICLE X NEGATIVE COVENANTS 54 Section 10.1 Business Activities 54 Section 10.2 Indebtedness 54 Section 10.3 Liens 55 Section 10.4 Investments 56 Section 10.5 Restricted Payments 56 Section 10.6 Issuance of Capital Securities 57 Section 10.7 Consolidation, Merger, etc. 57 Section 10.8 Sale of Assets 57 Section 10.9 Transactions with Affiliates 57 Section 10.10 Restrictive Agreements 58 Section 3.07 Survival 10.11 Sale and Leaseback 58 Section 10.12 Amendment to Material Documents 58 Section 10.13 Hedging Obligations 59 Section 10.14 Accounting Changes 59 Section 10.15 Subordinated Debt 59 Section 10.16 Upstream Limitations 59 ARTICLE IV CONDITIONS PRECEDENT XI EVENTS OF DEFAULTS AND REMEDIES 59 Section 4.01 Conditions 11.1 Events of Effectiveness Default 59 Section 4.02 Conditions 11.2 Action if Bankruptcy 62 Section 11.3 Action if Other Event of Default 62 Section 11.4 Application of Proceeds 62 ARTICLE XII THE AGENT 63 Section 12.1 Actions 63 Section 12.2 Funding Reliance, etc. 63 Section 12.3 Exculpation 64 Section 12.4 Successor 64 Section 12.5 Loans by Agent 64 Section 12.6 Credit Decisions 65 Section 12.7 Reliance by Agent 65 Section 12.8 Defaults 65 ARTICLE XIII MISCELLANEOUS 66 Section 13.1 Waivers, Amendments, etc. 66 Section 13.2 Notices; Time 67 Section 13.3 Payment of Costs and Expenses 68 Section 13.4 Indemnification 69 Section 13.5 Survival 70 Section 13.6 Severability 70 Section 13.7 Headings 70 Section 13.8 Execution in Counterparts, Effectiveness, etc. 70 Section 13.9 Governing Law; Entire Agreement 70 Section 13.10 Successors and Assigns 71 Section 13.11 Assignments and Participations in Loans; Register 71 Section 13.12 Other Transactions 74 Section 13.13 Forum Selection and Consent to Borrowing and Issuance Jurisdiction 74 Section 13.14 Waiver of Letters of Credits 61 Jury Trial 75 Section 4.03 Conditions to Commitment Increases 61 Page13.15 USA Patriot Act 75

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Terms Generally and Certain Interpretive Provisions 25 49 Section 1.03 Accounting Terms 26 Limited Condition Transactions 49 Section 1.04 Times of Day 26 Classification and Reclassification 50 Section 1.05 Rounding 26 Currency Equivalents Generally 51 ARTICLE II THE COMMITMENTS 2 AMOUNT AND LOANS 27 TERMS OF CREDIT Section 2.01 Revolving Loans 27 The Commitments 51 Section 2.02 Term Loans 27 51 Section 2.03 Swing Loans 28 Borrowing Procedure 52 Section 2.04 Evidence of Debt; Repayment of Loans 53 Section 2.05 Fees 54 Section 2.06 Interest on Loans 55 Section 2.07 Termination and Reduction of Commitments 55 Section 2.08 Interest Elections 56 Section 2.09 Optional and Mandatory Prepayments of Loans 57 Section 2.10 Payments Generally; Pro Rata Treatment; Sharing of Setoffs 58 Section 2.11 Defaulting Lenders 60 Section 2.12 Swingline Loans 60 Section 2.13 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 61 Section 2.14 Evidence of Debt 40 Settlement Amongst Lenders 66 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Revolving Commitment Increase 67 Section 2.16 Sharing of Payments by Lenders 42 Lead Borrower 68 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Overadvances 68 Section 2.18 Extension of Revolving Credit Maturity Date 44 Protective Advances 69 Section 2.19 Issuance of Letters of Credit 48 Extended Loans 69 ARTICLE III TAXES3 YIELD PROTECTION, YIELD PROTECTION ILLEGALITY AND ILLEGALITY 52 REPLACEMENT OF LENDERS Section 3.01 Taxes 52 Increased Costs, Illegality, etc. 71 Section 3.02 Illegality 55 Compensation 72 Section 3.03 Change of Lending Office 72 Section 3.04 Replacement of Lenders 72 Section 3.05 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 73 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 LIBOR Successor Rate 73 Page ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page4 [RESERVED]

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 2 Section 1.02 Other Interpretive Provisions 25 1.2 Use of Defined Terms 43 Section 1.03 1.3 Cross-References 43 Section 1.4 Accounting Terms 26 and Financial Determinations 44 Section 1.04 Times 1.5 Exchange Rates; Currency Equivalents 44 Section 1.6 Letter of Day 26 Section 1.05 Rounding 26 Credit Amounts 45 ARTICLE II THE COMMITMENTS COMMITMENTS, BORROWING AND LOANS 27 ISSUANCE PROCEDURES, NOTES AND LETTERS OF CREDIT Section 2.01 Revolving Loans 27 2.1 Commitments 45 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination 2.2 Increase or Reduction of Commitments 37 the Commitment Amounts 47 Section 2.09 Repayment 2.3 Borrowing Procedures 48 Section 2.4 Continuation and Conversion Elections 50 Section 2.5 Funding 51 Section 2.6 Letter of Loans 37 Credit Issuance Procedures 51 Section 2.7 Register; Notes 59 Section 2.8 Canadian BAs 60 Section 2.9 Incremental Facilities 61 Section 2.10 Interest 38 Extension of Maturity Date 63 Section 2.11 Cash Collateral 65 ARTICLE III REPAYMENTS, PREPAYMENTS, INTEREST AND FEES Section 3.1 Repayments and Prepayments; Application 66 Section 3.2 Interest Provisions 69 Section 3.3 Fees 71 ARTICLE IV CERTAIN LIBO RATE, CANADIAN BA AND OTHER PROVISIONS Section 4.1 Fixed Rate Determination 38 Lending Unlawful 72 Section 2.12 Fees 39 4.2 Deposits Unavailable; Circumstances making Canadian BAs Unavailable 72 Section 2.13 Computation 4.3 Increased Loan Costs, etc 72 TABLE OF CONTENTS (Continued) Page Section 4.4 Funding Losses 73 Section 4.5 Increased Capital Costs 73 Section 4.6 Taxes 74 Section 4.7 Payments, Computations; Proceeds of Interest and Fees 40 Collateral, etc 78 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 4.8 Sharing of Payments by 79 Section 4.9 Setoff 80 Section 4.10 Mitigation 80 Section 4.11 Removal of Lenders 42 80 ARTICLE V CONDITIONS TO CREDIT EXTENSIONS Section 2.17 Increase in the Aggregate Revolving 5.1 Initial Credit Commitments 42 Extension 81 Section 2.18 Extension 5.2 All Credit Extensions 86 ARTICLE VI REPRESENTATIONS AND WARRANTIES Section 6.1 Organization, etc 86 Section 6.2 Due Authorization, Non-Contravention, etc 87 Section 6.3 Government Approval, Regulation, etc 87 Section 6.4 Validity, etc 87 Section 6.5 Financial Information 87 Section 6.6 No Material Adverse Change 87 Section 6.7 Litigation, Labor Controversies, etc 87 Section 6.8 Subsidiaries; Equity Interests; Obligors 88 Section 6.9 Ownership of Revolving Credit Maturity Date 44 Properties 88 Section 2.19 6.10 Taxes 88 Section 6.11 Pension and Welfare Plans 88 Section 6.12 Environmental Warranties 89 Section 6.13 Accuracy of Information 90 Section 6.14 Regulations U and X 90 Section 6.15 Insurance 91 Section 6.16 Solvency 91 Section 6.17 Security Agreements 91 Section 6.18 Intellectual Property 91 Section 6.19 Issuance of Letters Subordinated Debt; Status of Credit 48 Obligations as Senior Indebtedness, etc 91 Section 6.20 Patriot Act; FCPA; OFAC 92 Section 6.21 Quebec Based Collateral 92 Section 6.22 Casualty, Etc 92 TABLE OF CONTENTS (Continued) Page ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageVII

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 31 Section 1.03 Accounting Terms 26 32 Section 1.04 Petroleum Terms 32 Section 1.05 Rounding 33 Section 1.06 Times of Day 26 33 Section 1.05 Rounding 26 1.07 Letter of Credit Amounts 33 Section 1.08 Available Amount Transactions 33 Section 1.09 Pro Forma Compliance Calculations 33 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving Committed Loans 27 33 Section 2.02 Term Committed Borrowings, Conversions and Continuations of Committed Loans 27 33 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 35 Section 2.04 [Reserved] 42 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Borrowing Base 42 Section 2.06 Conversions or Continuations 34 Prepayments 45 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 46 Section 2.09 2.08 Repayment of Loans 37 47 Section 2.09 Interest 47 Section 2.10 Interest 38 Fees 48 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 48 Section 2.14 2.12 Evidence of Debt 40 48 Section 2.15 2.13 Payments Generally; Administrative Agent’s Clawback 41 49 Section 2.16 2.14 Sharing of Payments by Lenders 42 50 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 2.15 Defaulting Lenders 51 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 53 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 56 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 58 ARTICLE IV CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of Effectiveness 59 to Existing Credit Agreement 58 Section 4.02 Conditions to Borrowing All Credit Extensions 61 ARTICLE V REPRESENTATIONS AND WARRANTIES Section 5.01 Existence, Qualification and Issuance Power 62 Section 5.02 Authorization; No Contravention 62 Section 5.03 Governmental Authorization; Other Consents 62 Section 5.04 Binding Effect 63 Section 5.05 Financial Statements; No Material Adverse Effect 63 Section 5.06 Litigation 63 Section 5.07 No Default 64 Section 5.08 Ownership of Letters Property; Liens 64 Section 5.09 Environmental Compliance 64 Section 5.10 Insurance 64 Section 5.11 Taxes 65 Section 5.12 ERISA Compliance 65 Section 5.13 Subsidiaries; Equity Interests; Loan Parties 65 Section 5.14 Margin Regulations; Investment Company Act 65 Section 5.15 Disclosure 66 Section 5.16 Compliance with Laws 66 Section 5.17 Solvency 66 Section 5.18 Casualty, Etc 66 Section 5.19 Labor Matters 66 Section 5.20 Collateral Documents 66 Section 5.21 Engineered Oil and Gas Properties 67 Section 5.22 Sale of Credits 61 Production 67 Section 4.03 Conditions 5.23 OFAC 69 Section 5.24 Anti-Corruption Laws 69 Section 5.25 PATRIOT Act 69 ARTICLE VI AFFIRMATIVE COVENANTS Section 6.01 Financial Statements 69 Section 6.02 Certificates; Other Information 71 Section 6.03 Notices 72 Section 6.04 Payment of Obligations 73 Section 6.05 Preservation of Existence, Etc 73 Section 6.06 Maintenance of Properties 73 Section 6.07 Maintenance of Insurance 73 Section 6.08 Compliance with Laws 74 Section 6.09 Books and Records 74 Section 6.10 Inspection Rights 74 Section 6.11 Use of Proceeds 74 Section 6.12 Covenant to Commitment Increases 61 PageGuarantee Obligations and Give Security 74 Section 6.13 Compliance with Environmental Laws 76 Section 6.14 Further Assurances 76 Section 6.15 Production Proceeds 76 Section 6.16 Anti-Corruption, Anti-Terrorism and Anti-Money Laundering Laws 77 Section 6.17 Post-Closing Changes 77 Section 6.18 Accounts 77 ARTICLE VII NEGATIVE COVENANTS Section 7.01 Liens 78 Section 7.02 Investments 80 Section 7.03 Indebtedness 82 Section 7.04 Fundamental Changes 84 Section 7.05 Dispositions 84 Section 7.06 Restricted Payments 86 Section 7.07 Change in Nature of Business 87 Section 7.08 Transactions with Affiliates 87 Section 7.09 Burdensome Agreements 87 Section 7.10 Use of Proceeds 87 Section 7.11 Financial Covenants 87 Section 7.12 Hedge Transactions 88 Section 7.13 Sanctions 88 Section 7.14 Anti-Corruption Laws 89 Section 7.15 Prepayment of Restricted Debt 89 ARTICLE VIII EVENTS OF DEFAULT AND REMEDIES Section 8.01 Events of Default 89 Section 8.02 Remedies Upon Event of Default 91 Section 8.03 Application of Funds 92 ARTICLE IX ADMINISTRATIVE AGENT Section 9.01 Appointment and Authority 93 Section 9.02 Rights as a Lender 93 Section 9.03 Exculpatory Provisions 93 Section 9.04 Reliance by Administrative Agent 94 Section 9.05 Delegation of Duties 94 Section 9.06 Resignation of Administrative Agent 94 Section 9.07 Non-Reliance on Administrative Agent and Other Lenders 95 Section 9.08 No Other Duties, Etc 95 Section 9.09 Administrative Agent May File Proofs of Claim 96 Section 9.10 Collateral and Guaranty Matters 96 Section 9.11 Flood Insurance 97 Section 9.12 Intercreditor Agreements 97 ARTICLE X MISCELLANEOUS Section 10.01 Amendments, Etc 98 Section 10.02 Notices; Effectiveness; Electronic Communication 99 Section 10.03 No Waiver; Cumulative Remedies 101 Section 10.04 Expenses; Indemnity; Damage Waiver 101 Section 10.05 Payments Set Aside 103 Section 10.06 Successors and Assigns 103 Section 10.07 Treatment of Certain Information; Confidentiality 107 Section 10.08 Right of Setoff 108 Section 10.09 Interest Rate Limitation 108 Section 10.10 Counterparts; Integration; Effectiveness 109 Section 10.11 Survival of Representations and Warranties 109 Section 10.12 Severability 109 Section 10.13 Replacement of Lenders 109 Section 10.14 Governing Law; Jurisdiction; Etc 110 Section 10.15 Waiver of Jury Trial 111 Section 10.16 No Advisory or Fiduciary Responsibility 111 Section 10.17 USA PATRIOT Act Notice 112 Section 10.18 Electronic Execution of Assignments and Certain Other Documents 112 Section 10.19 Amendment and Restatement 112 Section 10.20 Keepwell 112 Schedules and Exhibits Schedule 2.01 Commitments and Applicable Percentages Schedule 5.03 Governmental Authorizations Schedule 5.06 Litigation Schedule 5.09 Environmental Matters Schedule 5.13 Subsidiaries, Other Equity Investments and Loan Party Information Schedule 5.22 Sale of Production Schedule 7.01 Existing Liens Schedule 7.02 Existing Investments Schedule 7.03 Existing Indebtedness Schedule 10.02 Administrative Agent’s Office; Certain Addresses for Notices Exhibit A Form of Committed Loan Notice Exhibit B Form of Prepayment Notice Exhibit C Form of Note Exhibit D Form of Compliance Certificate Exhibit E Form of Assignment and Assumption Exhibit F Form of Solvency Certificate Exhibit G Form of Guaranty Exhibit H Form of Mortgage Exhibit I Form of Security Agreement Exhibit J Form of Convertible Notes Intercreditor Agreement AMENDED AND RESTATED CREDIT AGREEMENT This AMENDED AND RESTATED CREDIT AGREEMENT is entered into as of February 10, 2017 among XXXXXXXXX ENERGY, INC., a Delaware corporation (the “Borrower”), each LENDER from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”) and ROYAL BANK OF CANADA., as Administrative Agent and an L/C Issuer.

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 1.2 Computation of Time Periods 37 Section 1.03 1.3 Accounting Terms 26 Terms; Changes in GAAP 37 Section 1.04 Times 1.4 Classes and Types of Day 26 Advances 37 Section 1.05 Rounding 26 1.5 Miscellaneous 37 ARTICLE II THE COMMITMENTS AND LOANS 27 2 CREDIT FACILITIES 38 Section 2.01 2.1 Revolving Loans 27 Term and CapEx Commitments 38 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 2.2 Letters of Credit 28 41 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 2.3 Advances 48 Section 2.06 Conversions or Continuations 34 2.4 Prepayments 55 Section 2.07 Prepayments 35 2.5 Repayment 57 Section 2.08 Termination or Reduction of Commitments 37 2.6 Fees 58 Section 2.09 Repayment of Loans 37 2.7 Interest 59 Section 2.8 Illegality 60 Section 2.9 Breakage Costs 61 Section 2.10 Interest 38 Increased Costs 61 Section 2.11 Interest Rate Determination 38 Payments and Computations 63 Section 2.12 Fees 39 Taxes 64 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 68 Section 3.07 Survival 59 2.14 Defaulting Lender 70 ARTICLE IV 3 CONDITIONS PRECEDENT 59 OF LENDING 73 Section 4.01 3.1 Conditions Precedent to Initial Borrowings and the Initial Letter of Effectiveness 59 Credit 73 Section 4.02 3.2 Conditions Precedent to Each Borrowing and Issuance to Each Issuance, Extension or Renewal of Letters a Letter of Credits 61 Credit 76 Section 4.03 3.3 Conditions Precedent to Commitment Increases 61 PageEffectiveness of Revolving Facility 77 Section 3.4 Conditions Precedent to Each CapEx Borrowing 78 Section 3.5 Determinations Under Sections 3.1, 3.2, 3.3 and 3.4 78 ARTICLE 4 REPRESENTATIONS AND WARRANTIES 78 Section 4.1 Organization 78 Section 4.2 Authorization 78 Section 4.3 Enforceability 79 Section 4.4 Financial Condition 79 Section 4.5 Ownership and Liens; Real Property 80 Section 4.6 True and Complete Disclosure 80 Section 4.7 Litigation 80 Section 4.8 Compliance with Agreements 80 Section 4.9 Pension Plans 81 Section 4.10 Environmental Condition 81 Section 4.11 Subsidiaries 82 Section 4.12 Investment Company Act 82 Section 4.13 Taxes 82 Section 4.14 Permits, Licenses, etc 83 Section 4.15 Use of Proceeds 83 Section 4.16 Condition of Property; Casualties 83 Section 4.17 Insurance 83 Section 4.18 Security Interest 83 Section 4.19 OFAC; Anti-Terrorism 83 Section 4.20 Solvency 84 Section 4.21 Material Agreements 84

Definitions and Accounting Terms. 1 Section 1.01 1.1 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 1.2 Use of Defined Terms 33 Section 1.03 1.3 Cross-References 33 Section 1.4 Accounting Terms 26 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 and Financial Determinations 33 ARTICLE II THE COMMITMENTS REVOLVING LOAN COMMITMENT AND LOANS 27 BORROWING PROCEDURES, NOTES Section 2.01 2.1 Commitments 33 Section 2.2 Reduction of the Commitment Amounts 35 Section 2.3 Borrowing Procedures 35 Section 2.4 Continuation and Conversion Elections 36 Section 2.5 Funding 37 Section 2.6 Issuance Procedures 37 Section 2.7 Loan Accounts and Revolving Loans 27 Notes 41 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; 2.8 Additional Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 2.9 Swingline Loan Subfacility 44 ARTICLE III MATURITY DATE; REPAYMENTS, PREPAYMENTS, INTEREST AND FEES Section 3.1 Maturity Date; Extension Option 46 Section 3.2 Repayments and Prepayments; Application 47 Section 3.3 Interest Provisions 49 Section 3.4 Fees 50 ARTICLE IV CERTAIN LIBO RATE AND OTHER PROVISIONS Section 4.1 LIBO Rate Lending Unlawful 51 Section 4.2 Deposits Unavailable 51 Section 4.3 Change of Circumstances 52 Section 4.4 Replacement of Lender 52 Section 4.5 Funding Losses 53 Section 4.6 Taxes 54 Section 4.7 Change of Lending Office 57 Section 4.8 Payments, Computations, etc. 58 Section 4.9 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page4.10 Setoff 59

Definitions and Accounting Terms. 1 2 Section 1.01 1.1 Certain Defined Terms 1 2 Section 1.02 1.2 Computation of Time Periods 31 Section 1.3 Accounting Terms; Changes in GAAP 31 Section 1.4 Classes and Types of Advances 32 Section 1.5 Other Interpretive Provisions 25 32 Section 1.03 Accounting Terms 26 1.6 Exchange Rates; Currency Equivalents 33 Section 1.04 Times 1.7 Agreed Currencies 33 Section 1.8 Change of Day 26 Currency 34 Section 1.05 Rounding 26 1.9 Several Obligations of Borrowers 35 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT FACILITIES 35 Section 2.01 Revolving Loans 27 2.1 Commitments 35 Section 2.02 Term Loans 27 2.2 Evidence of Indebtedness 38 Section 2.03 Swing Loans 28 Section 2.04 2.3 Letters of Credit 28 38 Section 2.05 Term Loan Borrowing2.4 Swingline Advances 46 Section 2.5 Bankers’ Acceptances 50 Section 2.6 Borrowings; Revolving Loan Borrowings, Swing Loan Borrowings 29 Procedures and Limitations 52 Section 2.06 Conversions or Continuations 34 2.7 Prepayments; Defeasance 58 Section 2.07 Prepayments 35 2.8 Repayment 60 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 2.9 Fees 60 Section 2.10 Interest 38 62 Section 2.11 Interest Rate Determination 38 Illegality 64 Section 2.12 Fees 39 Breakage Costs 64 Section 2.13 Computation of Interest and Fees 40 Increased Costs 65 Section 2.14 Evidence of Debt 40 Payments and Computations 66 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Taxes 69 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 71 Section 3.07 Survival 59 2.17 Designation of a Canadian Borrower 73 Section 2.18 Defaulting Lender Provisions 74 ARTICLE III CONDITIONS PRECEDENT 77 Section 3.1 Conditions Precedent to Effectiveness 77 Section 3.2 Conditions Precedent to Each Credit Extension 79 Section 3.3 Determinations Under Sections 3.1 and 3.2 79 ARTICLE IV CONDITIONS PRECEDENT 59 REPRESENTATIONS AND WARRANTIES 79 Section 4.01 Conditions 4.1 Organization 80 Section 4.2 Authorization 80 Section 4.3 Enforceability 80 Section 4.4 Financial Condition 80 Section 4.5 Ownership and Liens; Real Property 80 Section 4.6 True and Complete Disclosure 81 Section 4.7 Litigation 81 Section 4.8 Compliance with Agreements 81 Section 4.9 Pension Plans 81 Section 4.10 Environmental Condition 82 Section 4.11 Subsidiaries 82 Section 4.12 Investment Company Act 83 Section 4.13 Reserved 83 -i- Table of Effectiveness 59 Contents (continued) Page Section 4.02 Conditions 4.14 Taxes 83 Section 4.15 Permits, Licenses, etc 83 Section 4.16 Use of Proceeds 83 Section 4.17 Condition of Property; Casualties 83 Section 4.18 Insurance 83 Section 4.19 Labor Agreements 84 Section 4.20 Security Interest 84 Section 4.21 OFAC; Anti-Terrorism 84 Section 4.22 Solvency 84 ARTICLE V AFFIRMATIVE COVENANTS 84 Section 5.1 Organization 84 Section 5.2 Reporting 84 Section 5.3 Insurance 87 Section 5.4 Compliance with Laws 87 Section 5.5 Taxes 88 Section 5.6 Additional Guarantors 88 Section 5.7 Security 88 Section 5.8 Records; Inspection 88 Section 5.9 Maintenance of Property 89 Section 5.10 Landlord Agreements 89 Section 5.11 Designations with Respect to Borrowing and Issuance of Letters of Credits 61 Subsidiaries 89 ARTICLE VI NEGATIVE COVENANTS 90 Section 4.03 Conditions to Commitment Increases 61 Page6.1 Debt 90 Section 6.2 Liens 91 Section 6.3 Investments 92 Section 6.4 Acquisitions 93 Section 6.5 Agreements Restricting Liens; Negative Pledge 93

Definitions and Accounting Terms. 1 Section 1.01 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Computation of Time Periods 27 Section 1.03 Accounting Terms 26 Terms; Changes in GAAP 27 Section 1.04 Times Types of Day 26 Advances 27 Section 1.05 Rounding 26 Miscellaneous 27 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT FACILITIES 28 Section 2.01 Revolving Loans 27 Commitment for Advances 28 Section 2.02 Term Loans 27 Borrowing Base 29 Section 2.03 Swing Loans 28 Method of Borrowing 33 Section 2.04 Reduction of the Commitments 35 Section 2.05 Prepayment of Advances 35 Section 2.06 Repayment of Advances 38 Section 2.07 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 38 Section 2.08 Termination or Reduction of Commitments 37 Fees 44 Section 2.09 Repayment of Loans 37 Interest 44 Section 2.10 Interest 38 Payments and Computations 46 Section 2.11 Interest Rate Determination 38 Sharing of Payments, Etc 47 Section 2.12 Fees 39 Breakage Costs 47 Section 2.13 Computation of Interest and Fees 40 Increased Costs 48 Section 2.14 Evidence of Debt 40 Taxes 49 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 53 Section 3.07 Survival 59 2.16 Defaulting Lenders 54 Section 2.17 Right to Give Drawdown Notices 57 ARTICLE III CONDITIONS OF LENDING 57 Section 3.01 Conditions Precedent to Initial Borrowings and the Initial Letter of Credit 57 Section 3.02 Conditions Precedent to All Borrowings 61 ARTICLE IV CONDITIONS PRECEDENT 59 REPRESENTATIONS AND WARRANTIES 62 Section 4.01 Conditions of Effectiveness 59 Existence; Subsidiaries 62 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Power 62 Section 4.03 Conditions to Commitment Increases 61 PageAuthorization and Approvals 62 Section 4.04 Enforceable Obligations 63

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Use of Defined Terms 16 Section 1.03 Accounting Terms 26 16 Section 1.04 Times of Day 26 Section 1.05 Rounding 26 Interpretation 17 ARTICLE II THE COMMITMENTS AMOUNT AND TERMS OF LOANS 27 Section 2.01 Revolving Loans 27 17 Section 2.02 Term Loans 27 Repayment of Loans; Evidence of Debt 17 Section 2.03 Swing Loans 28 Procedure for Borrowing 18 Section 2.04 Facility Fees and LC Fees 19 Section 2.05 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 20 Section 2.06 Conversions Reduction or Continuations 34 Termination of Commitments 24 Section 2.07 Optional Prepayments 35 25 Section 2.08 Termination or Reduction of Commitments 37 Mandatory Prepayments 25 Section 2.09 Repayment of Loans 37 Commitment Increases 25 Section 2.10 Interest 38 27 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 28 Section 2.12 Funding of Borrowings 29 Section 2.13 Pro Rata Treatment and Payments 29 Section 2.14 Evidence Increased Cost of Debt 40 Loans 31 Section 2.15 Illegality 33 Section 2.16 Taxes 34 Section 2.17 Substitute Loan Basis 36 Section 2.18 Certain Prepayments or Continuations 36 Section 2.19 Certain Notices 36 Section 2.20 Minimum Amounts of Eurodollar Borrowings 37 Section 2.21 Break Funding Payments Generally; Administrative Agent’s Clawback 37 Section 2.22 Swingline Loans 37 ARTICLE III REPRESENTATIONS AND WARRANTIES Section 3.01 Representations of the Borrower 39 ARTICLE IV AFFIRMATIVE COVENANTS Section 4.01 Financial Statements and Other Information 41 Section 2.16 Sharing 4.02 Notices of Payments by Lenders Material Events 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 4.03 Compliance with Laws 42 i Page Section 2.18 Extension 4.04 Use of Revolving Credit Maturity Date Proceeds 43 Section 4.05 Maintenance of Property; Insurance 43 Section 4.06 Additional Guarantors 43 Section 4.07 Books and Records; Inspections 43 Section 4.08 Payment of Obligations 44 Section 2.19 Issuance 4.09 Material Contracts 44 ARTICLE V FINANCIAL COVENANTS Section 5.01 Consolidated Leverage Ratio 44 Section 5.02 Consolidated Interest Coverage Ratio 44 ARTICLE VI NEGATIVE COVENANTS Section 6.01 Nature of Letters of Credit Business 44 Section 6.02 Liens 44 Section 6.03 Dispositions 46 Section 6.04 Transactions with Affiliates 47 Section 6.05 Indebtedness 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 6.06 Investments 49 Section 3.02 Illegality 55 6.07 Restricted Payments 50 Section 3.03 Inability to Determine Rates 55 6.08 Intercompany Payments 50 Section 3.04 Increased Costs; Reserves 6.09 Limitations on Eurodollar Rate Loans 56 Sales and Leasebacks 51 Section 3.05 Compensation for Losses 57 6.10 Fundamental Changes 51 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Page6.11 Negative Pledge Agreements 51

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 1.2 Accounting Terms; Changes in GAAP 16 Section 1.3 Classes and Types of Advances 16 Section 1.4 Other Interpretive Provisions 25 16 ARTICLE II. CREDIT FACILITIES 17 Section 1.03 Accounting Terms 26 2.1 Commitments 17 Section 1.04 Times 2.2 Evidence of Day 26 Indebtedness 20 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 2.3 Letters of Credit 28 20 Section 2.05 Term Loan Borrowing2.4 Swingline Advances 25 Section 2.5 Borrowings; Revolving Loan Borrowings, Swing Loan Borrowings 29 Procedures and Limitations 27 Section 2.06 Conversions or Continuations 2.6 Prepayments 30 Section 2.7 Repayment 30 Section 2.8 Fees 30 Section 2.9 Interest 31 Section 2.10 Illegality 32 Section 2.11 Breakage Costs 32 Section 2.12 Increased Costs 33 Section 2.13 Payments and Computations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Taxes 36 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 39 Section 3.07 Survival 59 2.16 Defaulting Lender 40 ARTICLE IV III. CONDITIONS PRECEDENT 59 42 Section 4.01 3.1 Conditions Precedent to Initial Credit Extension 42 Section 3.2 Conditions Precedent to Each Credit Extension 44 ARTICLE IV. REPRESENTATIONS AND WARRANTIES 44 Section 4.1 Organization 44 Section 4.2 Authorization 44 Section 4.3 Enforceability 45 Section 4.4 Financial Condition 45 Section 4.5 Ownership and Liens 45 Section 4.6 True and Complete Disclosure 45 Section 4.7 Litigation 45 Section 4.8 Compliance with Agreements 46 Table of Effectiveness 59 Contents (continued) Section 4.02 Conditions to Borrowing and Issuance 4.9 Pension Plans 46 Section 4.10 Environmental Condition 46 Section 4.11 Subsidiaries 47 Section 4.12 Investment Company Act 47 Section 4.13 Taxes 47 Section 4.14 Permits, Licenses, etc. 47 Section 4.15 Use of Proceeds 47 Section 4.16 Condition of Property; Casualties 48 Section 4.17 Insurance 48 Section 4.18 OFAC; Anti-Terrorism 48 ARTICLE V. AFFIRMATIVE COVENANTS 48 Section 5.1 Organization 48 Section 5.2 Reporting 48 Section 5.3 Insurance 51 Section 5.4 Compliance with Laws 51 Section 5.5 Taxes 51 Section 5.6 Additional Guarantors 51 Section 5.7 Records; Inspection 52 Section 5.8 Maintenance of Property 52 ARTICLE VI. NEGATIVE COVENANTS 52 Section 6.1 Debt 52 Section 6.2 Liens 52 Section 6.3 Investments 53 Section 6.4 Acquisitions 54 Section 6.5 Agreements Restricting Liens; Negative Pledge 54 Section 6.6 Use of Proceeds; Use of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageCredit 54

Definitions and Accounting Terms. SECTION 1.01. Definitions 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions SECTION 1.02. Incorporation by Reference of Trust Indenture Act 24 SECTION 1.03. Rules of Construction 25 Section 1.03 Accounting Terms ARTICLE 2 THE NOTES SECTION 2.01. Form and Dating 25 SECTION 2.02. Execution and Authentication 26 Section 1.04 Times of Day SECTION 2.03. Registrar and Paying Agent 26 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS SECTION 2.04. Paying Agent To Hold Money in Trust 27 Section 2.01 Revolving Loans SECTION 2.05. Holder Lists 27 Section 2.02 Term Loans SECTION 2.06. Transfer and Exchange 27 Section 2.03 Swing Loans SECTION 2.07. Replacement Notes 28 Section 2.04 Letters of Credit 28 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings SECTION 2.08. Outstanding Notes 29 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 Section 2.09 Repayment of Loans 37 Section 2.10 SECTION 2.09. Temporary Notes 29 SECTION 2.10. Cancellation 29 SECTION 2.11. Defaulted Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 29 SECTION 2.12. CUSIP Numbers 30 SECTION 2.13. Designations 30 SECTION 2.14. Issuance of Letters Additional Notes 30 ARTICLE 3 REDEMPTION SECTION 3.01. Notices to Trustee 31 SECTION 3.02. Selection of Credit 48 Notes To Be Redeemed 31 SECTION 3.03. Notice of Redemption 31 SECTION 3.04. Effect of Notice of Redemption 32 SECTION 3.05. Deposit of Redemption Price 32 SECTION 3.06. Notes Redeemed in Part 32 ARTICLE III TAXES4 AFFIRMATIVE COVENANTS SECTION 4.01. Payment of Notes 33 SECTION 4.02. Commission Reports 33 Page SECTION 4.03. Preservation of Corporate Existence 33 SECTION 4.04. [Intentionally Omitted] 34 SECTION 4.05. [Intentionally Omitted] 34 SECTION 4.06. Compliance Certificate 34 SECTION 4.07. [Intentionally Omitted] 34 SECTION 4.08. [Intentionally Omitted] 34 SECTION 4.09. Offer To Purchase upon Change of Control 34 SECTION 4.10. Offer To Purchase by Application of Excess Proceeds 35 SECTION 4.11. [Intentionally Omitted] 36 SECTION 4.12. Further Assurances 36 SECTION 4.13. Future Guarantors 36 ARTICLE 5 NEGATIVE COVENANTS APPLICABLE TO COMPANY AND ITS SUBSIDIARIES SECTION 5.01. Stay, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement Extension and Usury Laws 37 SECTION 5.02. Restricted Payments 37 SECTION 5.03. Dividend and Other Payment Restrictions Affecting Subsidiaries 39 SECTION 5.04. Incurrence of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing Indebtedness and Issuance of Letters Preferred Stock 40 SECTION 5.05. Asset Dispositions 44 SECTION 5.06. Transactions with Affiliates 45 SECTION 5.07. Limitation on Liens 46 SECTION 5.08. Limitation on Issuances and Sales of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageCapital Stock of Subsidiaries 46 SECTION 5.09. [Intentionally Omitted] 47 SECTION 5.10. Conduct of Business 47 SECTION 5.11. [Intentionally Omitted] 47 SECTION 5.12. [Intentionally Omitted] 47 SECTION 5.13. Fall Away Event 47 ARTICLE 6

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 42 Section 1.03 Accounting Terms 26 43 Section 1.04 Rounding 44 Section 1.05 Exchange Rates; Currency Equivalents 44 Section 1.06 Alternative Currencies 44 Section 1.07 Change of Currency 45 Section 1.08 Times of Day 26 Section 1.05 Rounding 26 45 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS Section 2.01 Revolving The Loans 27 45 Section 2.02 Term Borrowings, Conversions and Continuations of Loans 27 46 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 48 Section 2.04 Borrowing Base Calculations; Inclusion of Assets in Borrowing Base 58 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Prepayments 59 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 60 Section 2.09 2.07 Repayment of Loans 37 61 Section 2.08 Interest 62 Section 2.09 Fees 62 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Fees; Retroactive Adjustments of Applicable Rate 63 Section 2.14 2.11 Evidence of Debt 40 64 Section 2.15 2.12 Payments Generally; Administrative Agent’s Clawback 41 64 Section 2.16 2.13 Sharing of Payments by Lenders 42 66 Section 2.17 2.14 Increase in the Aggregate Revolving Credit Commitments 42 Facility 67 Section 2.18 Extension of Revolving Credit Maturity Date 44 2.15 Increase in Term Loan Facility 69 Section 2.19 Issuance of Letters of Credit 48 2.16 Defaulting Lenders 70 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 72 Section 3.02 Illegality 55 77 Section 3.03 Inability to Determine Rates 55 77 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Costs 78 Section 3.05 Compensation for Losses 57 79 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 80 Section 3.07 Survival 59 81 ARTICLE IV CONDITIONS PRECEDENT 59 TO CREDIT EXTENSIONS Section 4.01 Conditions of Effectiveness 59 Initial Credit Extension 81 Section 4.02 Conditions to Borrowing all Credit Extensions 84 ARTICLE V REPRESENTATIONS AND WARRANTIES Section 5.01 Existence; Compliance with Law 85 Section 5.02 Power; Authorization; Enforceable Obligations 86 Section 5.03 No Legal Bar 86 Section 5.04 No Material Litigation 86 Section 5.05 Financial Statements; No Material Adverse Effect 87 Section 5.06 No Default 88 Section 5.07 Ownership of Property; Liens 88 Section 5.08 Intellectual Property 88 Section 5.09 Taxes 88 Section 5.10 Federal Regulations 88 Section 5.11 Labor Matters 89 Section 5.12 ERISA Compliance 89 Section 5.13 Investment Company Act; Other Regulations 90 Section 5.14 Subsidiaries 90 Section 5.15 Use of Proceeds 90 Section 5.16 Environmental Matters 90 Section 5.17 Accuracy of Information, etc 91 Section 5.18 Collateral Documents 92 Section 5.19 Solvency 92 Section 5.20 Insurance 92 Section 5.21 OFAC 92 ARTICLE VI AFFIRMATIVE COVENANTS Section 6.01 Financial Statements 93 Section 6.02 Certificates; Other Information 93 Section 6.03 Notices 95 Section 6.04 Conduct of Business and Issuance Maintenance of Letters Existence, etc 96 Section 6.05 Maintenance of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageProperty; Insurance 96

Definitions and Accounting Terms. RULES OF CONSTRUCTION 1 Section 1.01 Defined Terms DEFINITIONS AND RULES OF CONSTRUCTION 1 Section 1.02 Other Interpretive Provisions 25 Section COMPUTATION OF TIME PERIODS 10 1.03 Accounting Terms 26 Section ACCOUNTING TERMS 10 1.04 Times of Day 26 Section 1.05 Rounding 26 PRINCIPLES OF CONSTRUCTION 10 ARTICLE II THE COMMITMENTS CREDIT FACILITY 11 2.01 LOANS 11 2.02 PROCEDURE FOR BORROWING 11 2.03 CONVERSION AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section CONTINUATION 11 2.04 Letters of Credit 28 Section EVIDENCE OF INDEBTEDNESS, NOTE 12 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Section PREPAYMENTS 12 2.06 Conversions or Continuations 34 Section REDUCTION OR TERMINATION OF COMMITMENT 13 2.07 Prepayments 35 Section FEES 13 2.08 Termination or Reduction of Commitments 37 Section INTEREST RATES AND PAYMENTS DATES 13 2.09 Repayment of Loans 37 Section INTEREST AND FEE BASIS 14 2.10 Interest 38 Section METHOD OF PAYMENT 15 2.11 Interest Rate Determination 38 Section EXTENSION OF COMMITMENT 15 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ADJUSTMENTS TO VALUE 15 ARTICLE III TAXES, CHANGE IN CIRCUMSTANCES 16 3.01 YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 16 3.02 Illegality 55 Section CHANGES IN CAPITAL ADEQUACY REGULATIONS 16 3.03 Inability to Determine Rates 55 Section AVAILABILITY OF EURODOLLAR LOANS 17 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section FUNDING REIMBURSEMENT 17 3.05 Compensation for Losses 57 Section TAXES 17 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 LENDER STATEMENTS, SURVIVAL OF INDEMNITY 18 ARTICLE IV CONDITIONS PRECEDENT 59 Section 18 4.01 Conditions CONDITIONS PRECEDENT TO INITIAL LOAN 18 4.02 CONDITIONS PRECEDENT TO EACH LOAN 20 ARTICLE V REPRESENTATIONS AND WARRANTIES 21 5.01 EXISTENCE AND GOOD STANDING; TRUST AGREEMENT; SUBSIDIARIES 21 5.02 POWER AND AUTHORITY; NO CONFLICT 21 5.03 NO FILINGS OR APPROVALS 22 5.04 EXECUTION; VALIDITY 22 5.05 FINANCIAL STATEMENTS; NO MATERIAL ADVERSE EFFECT 22 5.06 NO LITIGATION 22 5.07 NOT A REGULATED BORROWER 23 5.08 COMPLIANCE WITH LAW, AGREEMENTS, ETC. 23 5.09 GOOD TITLE 23 5.10 TAXES 23 (i) 5.11 MARGIN REGULATIONS 24 5.12 MATERIAL ADVERSE EFFECT 24 5.13 NO IMMUNITY FROM JURISDICTION 24 5.14 RANKING OF LOANS; DEBT 24 5.15 MANAGEMENT AGREEMENT 24 5.16 DAIN ACCOUNT 24 5.17 ACCURATE INFORMATION 25 ARTICLE VI COVENANTS 25 6.01 AFFIRMATIVE COVENANTS 25 6.02 NEGATIVE COVENANTS 29 ARTICLE VII DEFAULTS 32 7.01 EVENTS OF DEFAULT 32 ARTICLE VIII GUARANTY 34 8.01 GUARANTY BY GUARANTOR 34 8.02 OBLIGATIONS UNCONDITIONAL 35 8.03 STAY OF ACCELERATION 36 8.04 SUBROGATION 36 8.05 SUBORDINATION 36 8.06 CUMULATIVE REMEDIES 36 8.07 WAIVERS 36 8.08 SURVIVAL OF GUARANTY 37 ARTICLE IX MISCELLANEOUS 37 9.01 AMENDMENTS AND WAIVERS 37 9.02 NOTICES 37 9.03 PRESERVATION OF RIGHTS 38 9.04 EXPENSES; INDEMNITY 39 9.05 BINDING EFFECT 39 9.06 SUCCESSORS AND ASSIGNS; PARTICIPATIONS 39 9.07 JUDGMENT CURRENCY 40 9.08 SEVERABILITY 41 9.09 COUNTERPARTS 41 9.10 SURVIVAL 41 9.11 NO FIDUCIARY RELATIONSHIP; NO JOINT VENTURE 41 9.12 RIGHT OF SET-OFF 41 9.13 ENTIRE AGREEMENT 42 9.14 GOVERNING LAW 42 9.15 SUBMISSION TO JURISDICTION; WAIVER OF IMMUNITY 42 9.16 CUSTOMER IDENTIFICATION PROGRAM REQUIREMENTS 42 9.17 RECORDINGS 43 9.18 WAIVER OF JURY TRIAL 43 9.19 WAIVER OF CERTAIN CLAIMS 43 (ii) EXHIBITS Exhibit A: Form of Effectiveness 59 Section 4.02 Conditions to Note Exhibit B: Form of Notice of Borrowing and Issuance Exhibit C: Form of Letters Notice of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageConversion Exhibit D: Form of Request for Extension SCHEDULES Schedule 5.01: Subsidiaries Schedule 5.09: Existing Liens Schedule 5.14: Existing Debt

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 Section 1.03 Accounting Terms 26 Section 1.04 Times 1.2 Computation of Day 26 Section 1.05 Rounding 26 Time Periods 12 ARTICLE II THE COMMITMENTS AND LOANS 27 12 Section 2.01 Revolving Loans 27 2.1 Commitments 12 Section 2.02 Term Loans 27 2.2 Competitive Bid Procedure 13 Section 2.03 Swing Loans 28 2.3 Committed Borrowing Procedure 15 Section 2.04 Letters of Credit 28 2.4 Refinancings; Conversions 15 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 2.5 Fees 16 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 2.6 Termination or and Reduction of Commitments 37 16 Section 2.09 Repayment of 2.7 Loans 37 17 Section 2.8 Loan Accounts 18 Section 2.9 Interest on Loans 18 Section 2.10 Interest 38 on Overdue Amounts 19 Section 2.11 Alternate Rate of Interest Rate Determination 38 19 Section 2.12 Fees 39 Prepayment of Loans 20 Section 2.13 Computation of Interest and Fees 40 Reserve Requirements; Change in Circumstances 22 Section 2.14 Evidence of Debt 40 Change in Legality 22 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Indemnity 23 Section 2.16 Pro Rata Treatment 23 Section 2.17 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Setoffs 24 Section 2.18 Extension of Revolving Credit Maturity Date 44 Payments 25 Section 2.19 Tax Forms 25 Section 2.20 Calculation of LIBO Rates 25 Section 2.21 Booking Loans 25 Section 2.22 Quotation of Rates 25 ARTICLE III LETTERS OF CREDIT 25 Section 3.1 L/C Commitment 25 Section 3.2 Procedure for Issuance of Letters Letter of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 26 Section 3.01 Taxes 52 3.3 Fees and Other Charges 26 Section 3.02 Illegality 55 3.4 L/C Participations 26 Section 3.03 Inability to Determine Rates 55 3.5 Reimbursement Obligation of the Company 27 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 3.6 Obligations Absolute 27 Section 3.05 Compensation for Losses 57 3.7 Letter of Credit Payments 28 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 Section 3.07 Survival 59 3.8 Applications 28 ARTICLE IV CONDITIONS PRECEDENT 59 OF LENDING 28 Section 4.01 4.1 Conditions Precedent 28 Section 4.2 Conditions Precedent to Each Committed Borrowing 29 Section 4.3 Conditions Precedent to Each Competitive Borrowing 29 Section 4.4 Conditions Precedent to Each Letter of Effectiveness 59 Credit Issuance 30 Section 4.02 Conditions 4.5 Legal Details 30 ARTICLE V REPRESENTATIONS AND WARRANTIES 31 Section 5.1 Organization, Authority and Qualifications 31 Section 5.2 Financial Statements 31 Section 5.3 Compliance with Agreement and Laws 31 Section 5.4 Authorization; No Breach; and Valid Agreements 31 Section 5.5 Litigation and Judgments 31 Section 5.6 Ownership of Properties 32 Section 5.7 Taxes 32 Section 5.8 Approvals Required 32 Section 5.9 Business; Status as Air Carrier 32 Section 5.10 ERISA Compliance 32 Section 5.11 Insurance 32 Section 5.12 Purpose of Loan 32 Section 5.13 Investment Company Act 32 Section 5.14 General 33 ARTICLE VI COVENANTS 33 Section 6.1 Performance of Obligations 33 Section 6.2 Compliance with Laws 33 Section 6.3 Maintenance of Existence Licenses and Franchises: Compliance With Agreements 33 Section 6.4 Maintenance of Properties 33 Section 6.5 Maintenance of Books and Records 34 Section 6.6 Inspection 34 Section 6.7 Insurance 34 Section 6.8 Appraisals 34 Section 6.9 Coverage Ratio 34 Section 6.10 Reporting Requirements 34 Section 6.11 Use of Proceeds 35 Section 6.12 Pool Assets 36 Section 6.13 Restrictions on Liens 37 Section 6.14 Mergers and Dissolutions 37 Section 6.15 Assignment 37 ARTICLE VII EVENTS OF DEFAULT; REMEDIES 37 Section 7.1 Events of Default 37 Section 7.2 Remedies Upon Default 39 Section 7.3 Remedies in General 39 ARTICLE VIII THE AGENTS 40 Section 8.1 Authorization and Action 40 Section 8.2 Agents' Reliance, Etc. 40 Section 8.3 Rights of Agents as Banks 40 Section 8.4 Bank Credit Decision 41 Section 8.5 Agents' Indemnity 41 Section 8.6 Successor Administrative Agent 41 Section 8.7 Notice of Default 42 Section 8.8 Documentation Agents and Syndication Agent 42 ARTICLE IX MISCELLANEOUS 42 Section 9.1 Amendments, Etc 42 Section 9.2 Notices, Etc. 43 Section 9.3 No Waiver; Remedies 44 Section 9.4 Costs, Expenses and Taxes 44 Section 9.5 Indemnity 44 Section 9.6 Right of Setoff 44 SECTION 9.7 GOVERNING LAW 45 Section 9.8 Submission To Jurisdiction; Waivers 45 Section 9.9 Survival of Representations and Warranties 45 Section 9.10 Binding Effect 45 Section 9.11 Successors and Assigns; Participations 45 Section 9.12 Independence of Covenants 48 Section 9.13 Severability 48 Section 9.14 Integration 48 Section 9.15 Descriptive Headings 48 Section 9.16 Execution in Counterparts 48 Section 9.17 WAIVERS OF JURY TRIAL 48 SCHEDULES Location of Lending Office; Notice Information Schedule I Pool Assets Schedule II EXHIBITS Form of Competitive Bid Request Exhibit A-1 Form of Notice of Committed Borrowing Exhibit A-2 Form of Notice to Borrowing Banks of Competitive Bid Request Exhibit B Form of Competitive Bid Exhibit C Form of Competitive Note Exhibit D-1 Form of Committed Note Exhibit D-2 Form of Company's Internal Counsel Opinion Exhibit E-1 Form of Company's Outside Counsel Opinion Exhibit E-2 Form of Agents' Counsel Opinion Exhibit E-3 Form of Financial Report Certificate Exhibit F Form of Assignment and Issuance Acceptance Exhibit G Form of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 PageAppraisal Exhibit H

Definitions and Accounting Terms. 1 Section 1.01 Defined Terms 1 Section 1.02 Other Interpretive Provisions 25 110 Section 1.03 Accounting Terms 26 115 Section 1.04 Rounding 116 Section 1.05 References to Agreements and Laws 116 Section 1.06 Times of Day 26 116 Section 1.05 Rounding 26 1.07 Timing of Payment or Performance 117 Section 1.08 Currency Equivalents Generally 117 Section 1.09 Letter of Credit Amounts 118 Section 1.10 Pro Forma Calculations 118 Section 1.11 Calculation of Consolidated Total Assets Basket 119 Section 1.12 Cashless Rollovers 119 Section 1.13 Interest Rates 119 Section 1.14 Limited Condition Transaction 120 ARTICLE II THE COMMITMENTS AND LOANS 27 CREDIT EXTENSIONS 121 Section 2.01 Revolving The Loans 27 121 Section 2.02 Term Borrowings, Conversions and Continuations of Loans 27 121 Section 2.03 Swing Loans 28 Section 2.04 Letters of Credit 28 124 Section 2.04 [Reserved] 135 Section 2.05 Term Loan Borrowing; Revolving Loan Borrowings, Swing Loan Borrowings 29 Prepayments 135 Section 2.06 Conversions or Continuations 34 Section 2.07 Prepayments 35 Section 2.08 Termination or Reduction of Commitments 37 137 Section 2.09 2.07 Repayment of Loans 37 139 Section 2.08 Interest 139 Section 2.09 Fees 140 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 39 Section 2.13 Computation of Interest and Fees 40 140 Section 2.14 2.11 Evidence of Debt 40 Indebtedness 141 Section 2.15 2.12 Payments Generally; Administrative Agent’s Clawback 41 142 Section 2.16 2.13 Sharing of Payments by Lenders 42 144 Section 2.14 Incremental Facilities 145 Section 2.15 Reserved 151 Section 2.16 Cash Collateral 152 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Defaulting Lenders 153 Section 2.18 Specified Refinancing Debt 154 Section 2.19 Extension of Revolving Credit Maturity Date 44 Commitments 157 Section 2.19 Issuance of Letters of Credit 48 2.20 Reserved 160 Section 2.21 Alternative Currencies 161 ARTICLE III TAXES, YIELD INCREASED COSTS PROTECTION AND ILLEGALITY 52 161 Section 3.01 Taxes 52 161 Section 3.02 Illegality 55 Alternate Rate of Interest. 166 Section 3.03 Inability to Determine Rates 55 Illegality 167 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 [Reserved] 168 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation ObligationsIncreased Cost and Reduced Return; Replacement of Lenders 58 Section 3.07 Survival 59 ARTICLE IV CONDITIONS PRECEDENT 59 Section 4.01 Conditions of Effectiveness 59 Section 4.02 Conditions to Borrowing Capital Adequacy and Issuance of Letters of Credits 61 Section 4.03 Conditions to Commitment Increases 61 Liquidity Requirements 168 TABLE OF CONTENTS (continued) Page

Definitions and Accounting Terms. 1 Section 1.01 1.1 Certain Defined Terms 1 Section 1.02 1.2 Accounting Terms; Changes in GAAP 18 Section 1.3 Classes and Types of Advances 18 Section 1.4 Other Interpretive Provisions 25 19 ARTICLE II. CREDIT FACILITIES 19 Section 1.03 Accounting Terms 26 2.1 Commitments 19 Section 1.04 Times 2.2 Evidence of Day 26 Indebtedness 22 Section 1.05 Rounding 26 ARTICLE II THE COMMITMENTS AND LOANS 27 Section 2.01 Revolving Loans 27 Section 2.02 Term Loans 27 Section 2.03 Swing Loans 28 Section 2.04 2.3 Letters of Credit 28 23 Section 2.05 Term Loan Borrowing2.4 Swingline Advances 27 Section 2.5 Borrowings; Revolving Loan Borrowings, Swing Loan Borrowings 29 Procedures and Limitations 30 Section 2.06 Conversions or Continuations 2.6 Prepayments 32 Section 2.7 Repayment 33 Section 2.8 Fees 33 Section 2.9 Interest 34 Section 2.07 Prepayments 2.10 Illegality 35 Section 2.08 Termination or Reduction of Commitments 2.11 Breakage Costs 35 Section 2.12 Increased Costs 35 Section 2.13 Payments and Computations 37 Section 2.09 Repayment of Loans 37 Section 2.10 Interest 38 Section 2.11 Interest Rate Determination 38 Section 2.12 Fees 2.14 Taxes 39 Section 2.13 Computation of Interest and Fees 40 Section 2.14 Evidence of Debt 40 Section 2.15 Payments Generally; Administrative Agent’s Clawback 41 Section 2.16 Sharing of Payments by Lenders 42 Section 2.17 Increase in the Aggregate Revolving Credit Commitments 42 Section 2.18 Extension of Revolving Credit Maturity Date 44 Section 2.19 Issuance of Letters of Credit 48 ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY 52 Section 3.01 Taxes 52 Section 3.02 Illegality 55 Section 3.03 Inability to Determine Rates 55 Section 3.04 Increased Costs; Reserves on Eurodollar Rate Loans 56 Section 3.05 Compensation for Losses 57 Section 3.06 Mitigation Obligations; Replacement of Lenders 58 42 Section 3.07 Survival 59 2.16 Defaulting Lender 43 ARTICLE IV III. CONDITIONS PRECEDENT 59 45 Section 4.01 3.1 Conditions Precedent to Initial Credit Extension 45 Section 3.2 Conditions Precedent to Each Credit Extension 47 ARTICLE IV. REPRESENTATIONS AND WARRANTIES 47 Section 4.1 Organization 47 Section 4.2 Authorization 48 Section 4.3 Enforceability 48 Section 4.4 Financial Condition 48 Section 4.5 Ownership and Liens 48 Section 4.6 True and Complete Disclosure 48 Section 4.7 Litigation 49 Section 4.8 No Default 49 Table of Effectiveness 59 Contents (continued) Section 4.02 Conditions to Borrowing 4.9 Pension Plans 49 Section 4.10 Environmental Condition 49 Section 4.11 Subsidiaries 50 Section 4.12 Investment Company Act 50 Section 4.13 Taxes 50 Section 4.14 Permits, Licenses, etc. 51 Section 4.15 Use of Proceeds 51 Section 4.16 Condition of Property; Casualties 51 Section 4.17 Insurance 51 Section 4.18 Anti-Terrorism; Anti-Money Laundering 51 ARTICLE V. AFFIRMATIVE COVENANTS 51 Section 5.1 Organization 51 Section 5.2 Reporting 52 Section 5.3 Insurance 54 Section 5.4 Compliance with Laws 54 Section 5.5 Taxes 55 Section 5.6 Records; Inspection 55 Section 5.7 Maintenance of Property 55 Section 5.8 Compliance with Anti-Corruption Laws and Issuance Sanctions 55 ARTICLE VI. NEGATIVE COVENANTS 55 Section 6.1 Debt 55 Section 6.2 Liens 56 Section 6.3 Reserved 57 Section 6.4 Acquisitions 57 Section 6.5 Restrictive Agreements 57 Section 6.6 Use of Proceeds; Use of Letters of Credits 61 Credit 57 Section 4.03 Conditions to Commitment Increases 61 Page6.7 Corporate Actions; Fundamental Changes 57 Section 6.8 Sale of Assets 58 Section 6.9 Restricted Payments 58 Section 6.10 Affiliate Transactions 58 Section 6.11 Line of Business 58 Section 6.12 Compliance with ERISA 58 Section 6.13 Hedging Arrangements 59 Section 6.14 Funded Leverage Ratio 59 Table of Contents (continued)