Common use of Payments Generally; Pro Rata Treatment Clause in Contracts

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 Mitigation Obligations; Replacement of Lenders 39 ARTICLE III Representations and Warranties 41 SECTION 3.1 Organization; Powers 41 SECTION 3.2 Authorization; Enforceability 41 SECTION 3.3 Governmental Approvals; No Conflicts 41 SECTION 3.4 Financial Condition; No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 Litigation and Environmental Matters 42 SECTION 3.7 Compliance with Laws and Agreements 43 SECTION 3.8 Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 68 Section 4.02 Presumption of Payment by the Borrower 69 Section 4.03 Certain Deductions by the Administrative Agent 69 Section 4.04 Disposition of Proceeds 70 ARTICLE VINCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES Section 5.01 Increased Costs 70 Section 5.02 Break Funding Payments 71 Section 5.03 Taxes 72 Section 5.04 Mitigation Obligations; Replacement of Lenders 39 75 ARTICLE III Representations and Warranties 41 SECTION 3.1 VICONDITIONS PRECEDENT Section 6.01 Effective Date 76 Section 6.02 Each Credit Event 80 ARTICLE VIIREPRESENTATIONS AND WARRANTIES Section 7.01 Organization; Powers 41 SECTION 3.2 Authorization81 Section 7.02 Authority; Enforceability 41 SECTION 3.3 Governmental 82 Section 7.03 Approvals; No Conflicts 41 SECTION 3.4 82 Section 7.04 Financial Condition; No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 82 Section 7.05 Litigation and 83 Section 7.06 Environmental Matters 42 SECTION 3.7 83 Section 7.07 Compliance with the Laws and Agreements; No Defaults or Borrowing Base Deficiency 85 Section 7.08 Investment Company Act 85 Section 7.09 Taxes 85 Section 7.10 ERISA 85 Section 7.11 Disclosure; No Material Misstatements 86 Section 7.12 Insurance 86 Section 7.13 Restriction on Liens 87 Section 7.14 Subsidiaries 87 Section 7.15 Location of Business and Offices 87 Section 7.16 Properties; Titles, Etc 87 Section 7.17 Maintenance of Properties 88 Section 7.18 Gas Imbalances, Prepayments 89 Section 7.19 Marketing of Production 89 Section 7.20 Swap Agreements 43 SECTION 3.8 Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Qualified ECP Guarantor 89 Section 7.21 Use of Loans and Letters of Credit 90 Section 7.22 Solvency 44 90 Section 7.23 Anti-Corruption Laws 90 Section 7.24 Sanctions 90 Section 7.25 OP International. 90 Section 7.26 EEA Financial Institutions 90 Section 7.27 DevCo Properties 91 Section 7.28 FERC 92 Section 7.29 State Regulation 93 Section 7.30 Title to Refined Products 93 Section 7.31 Beneficial Ownership Certification 93 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 VIIIAFFIRMATIVE COVENANTS Section 8.01 Financial Statements and Statements; Other Information 48 SECTION 5.2 93 Section 8.02 Notices of Material Events 49 SECTION 5.3 97 Section 8.03 Existence; Conduct of Business 50 SECTION 5.4 97 Section 8.04 Payment of Obligations 50 SECTION 5.5 98 Section 8.05 Performance of Obligations under Loan Documents 98 Section 8.06 Operation and Maintenance of Properties; Properties 98 Section 8.07 Insurance 50 SECTION 5.6 99 Section 8.08 Books and Records; Inspection Rights 50 SECTION 5.7 99 Section 8.09 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use 99 Section 8.10 Environmental Matters 100 Section 8.11 Reserve Reports 101 Section 8.12 Title Information 103 Section 8.13 Additional Collateral; Additional Guarantors 103 Section 8.14 ERISA Compliance 104 Section 8.15 DevCo Properties 105 Section 8.16 Marketing Activities 106 Section 8.17 Commodity Exchange Act Keepwell Provisions 106 Section 8.18 DevCo Parent Undertaking 107 Section 8.19 Ownership of Proceeds 51 DevCo Equity Interests 107 Section 8.20 Ownership of General Partner Equity Interests 107 Section 8.21 Unrestricted Subsidiaries 107 Section 8.22 Affirmative Hedging Covenant 107 Section 8.23 Post-Closing Covenants 107 ARTICLE VI Negative IXNEGATIVE COVENANTS Section 9.01 Financial Covenants 52 SECTION 6.1 108 Section 9.02 Debt 108 Section 9.03 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58110

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 61 Section 2.19. Mitigation Obligations; Replacement of Lenders 39 63 Section 2.20. Incremental Term Loans 67 ARTICLE III Representations and Warranties 41 SECTION 3.1 69 Section 3.01. Organization; Powers 41 SECTION 3.2 Authorization; 69 Section 3.02. Authorization 69 Section 3.03. Enforceability 41 SECTION 3.3 70 Section 3.04. Governmental Approvals; No Conflicts 41 SECTION 3.4 Approvals 70 Section 3.05. Financial Condition; Statements 70 Section 3.06. No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 Litigation and Environmental Matters 42 SECTION 3.7 or Material Adverse Effect 71 Section 3.07. Title to Properties; Possession Under Leases 71 Section 3.08. Subsidiaries 71 Section 3.09. Litigation; Compliance with Laws and Agreements 43 SECTION 3.8 72 Section 3.10. Federal Reserve Regulations 72 Section 3.11. Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 Act 72 Section 3.12. Use of Proceeds 73 Section 3.13. Tax Returns 73 Section 3.14. No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Material Misstatements 73 Section 3.15. Employee Benefit Plans 73 Section 3.16. Environmental Matters 74 Section 3.17. Collateral Documents 74 Section 3.18. Location of Real Property 75 Section 3.19. Solvency 44 75 Section 3.20. Labor Matters 76 Section 3.21. Intellectual Property Rights 76 Section 3.22. Project Documents 77 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each of Lending 77 Section 4.01. All Credit Event 46 Events 77 Section 4.02. Effectiveness 78 Section 4.03. Effect of Amended Agreement 81 ARTICLE V Affirmative Covenants 48 SECTION 5.1 81 Section 5.01. Existence; Businesses and Properties 81 Section 5.02. Insurance 82 Section 5.03. Taxes 83 Section 5.04. Financial Statements Statements, Reports, etc. 83 Section 5.05. Litigation and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Notices. 86 Section 5.06. Compliance with Laws 86 Section 5.07. Maintaining Records; Access to Properties and Material Contractual Obligations 50 SECTION 5.8 Inspections 86 Section 5.08. Use of Proceeds 51 87 Section 5.09. Compliance with Environmental Laws 87 Section 5.10. Further Assurances; Additional Mortgages 87 Section 5.11. Fiscal Year; Accounting 89 Section 5.12. Maintenance of Ratings 89 ARTICLE VI Negative Covenants 52 SECTION 6.1 89 Section 6.01. Indebtedness 89 Section 6.02. Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 93 Section 6.03. Sale and Lease-Back Transactions 96 Section 6.04. Investments, LoansLoans and Advances 96 Section 6.05. Mergers, AdvancesConsolidations, Guarantees Sales of Assets and Acquisitions; Hedging Agreements 53 SECTION 6.4 Acquisitions 98 Section 6.06. Dividends and Distributions 101 Section 6.07. Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio 102 Section 6.08. Business of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58the Borrower and the Subsidiaries 104

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 2.19. Mitigation Obligations; Replacement of Lenders 39 ARTICLE SECTION 2.20. Expansion Option SECTION 2.21. Judgment Currency SECTION 2.22. Defaulting Lenders Article III Representations and Warranties 41 SECTION 3.1 3.01. Organization; Powers 41 Powers; Subsidiaries SECTION 3.2 3.02. Authorization; Enforceability 41 SECTION 3.3 3.03. Governmental Approvals; No Conflicts 41 SECTION 3.4 3.04. Financial Condition; No Material Adverse Change 42 SECTION 3.5 3.05. Properties 42 SECTION 3.6 Litigation 3.06. Litigation, Environmental and Environmental Labor Matters 42 SECTION 3.7 3.07. Compliance with Laws and Agreements 43 SECTION 3.8 3.08. Investment and Holding Company Status 43 SECTION 3.9 3.09. Taxes 43 SECTION 3.10 3.10. ERISA 43 SECTION 3.11 3.11. Disclosure Page 1 19 19 20 20 21 21 21 22 22 23 24 28 28 30 30 31 32 33 33 34 35 35 38 40 41 42 42 44 44 44 44 44 45 45 45 45 45 SECTION 3.12 Margin Stock 44 3.12. Federal Reserve Regulations 46 TABLE OF CONTENTS (continued) Page SECTION 3.13 3.13. Liens SECTION 3.14. No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE Default Article IV Conditions 45 SECTION 4.1 4.01. Effective Date 45 SECTION 4.2 4.02. Each Credit Event 46 ARTICLE Article V Affirmative Covenants 48 SECTION 5.1 5.01. Financial Statements and Other Information 48 SECTION 5.2 5.02. Notices of Material Events 49 SECTION 5.3 5.03. Existence; Conduct of Business 50 SECTION 5.4 5.04. Payment of Obligations 50 Taxes SECTION 5.5 5.05. Maintenance of Properties; Insurance 50 SECTION 5.6 5.06. Books and Records; Inspection Rights 50 SECTION 5.7 5.07. Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 5.08. Use of Proceeds 51 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58Proceeds

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 offs. 52 Section 2.18. Mitigation Obligations; Replacement of Lenders 39 ARTICLE Lenders. 54 Section 2.19. Increase in the Aggregate Commitments. 55 Section 2.20. Extension of Maturity Date. 57 Section 2.21. Cash Collateral. 59 Section 2.22. Defaulting Lenders. 61 Section 2.23. Designated Borrowers. 63 Article III Representations and Warranties 41 SECTION 3.1 65 Section 3.01. Organization; Powers 41 SECTION 3.2 Powers. 65 Section 3.02. Authorization; Enforceability 41 SECTION 3.3 Enforceability. 65 Section 3.03. Governmental Approvals; No Conflicts 41 SECTION 3.4 Conflicts. 65 Section 3.04. Financial Condition; No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 Change. 65 Section 3.05. [Reserved]. 66 Section 3.06. Litigation and Environmental Matters 42 SECTION 3.7 Matters. 66 Section 3.07. Compliance with Laws and Agreements 43 SECTION 3.8 Laws; Sanctions; Anti-Corruption. 66 Section 3.08. Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE Status. 67 Section 3.09. Taxes. 67 Section 3.10. ERISA. 67 Section 3.11. Disclosure. 67 Section 3.12. Federal Regulations. 68 Section 3.13. Purpose of Loans. 68 Section 3.14. EEA Financial Institutions. 68 Article IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 68 Section 4.01. Closing Conditions. 68 Section 4.02. Each Credit Event 46 ARTICLE Event. 70 Article V Affirmative Covenants 48 SECTION 5.1 70 Section 5.01. Financial Statements and Other Information 48 SECTION 5.2 Information. 71 Section 5.02. Notices of Material Events 49 SECTION 5.3 Events. 72 Section 5.03. Existence; Conduct of Business 50 SECTION 5.4 Business. 73 Section 5.04. Payment of Obligations 50 SECTION 5.5 Taxes. 73 Section 5.05. Maintenance of Properties; Insurance 50 SECTION 5.6 Insurance. 73 Section 5.06. Books and Records; Inspection Rights 50 SECTION 5.7 Rights. 73 Section 5.07. Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Laws. 74 Section 5.08. Use of Proceeds 51 ARTICLE Proceeds. 74 Section 5.09. Maintenance of Accreditation, Etc. 74 Article VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 74 Section 6.01. Indebtedness. 74 Section 6.02. Liens. 75 Section 6.03. Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and AcquisitionsChanges. 77 Section 6.04. Business Activity. 78 Section 6.05. Sanctions. 78 Section 6.06. Anti-Corruption Laws; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE Anti-Money Laundering Laws. 78 Article VII Events of Default 5878 Section 7.01. Events of Default. 78 Article VIII The Administrative Agent 81 Section 8.01. Appointment and Authority. 81 Section 8.02. Rights as a Lender. 81 Section 8.03. Exculpatory Provisions. 82 Section 8.04. Reliance by Administrative Agent. 83 Section 8.05. Delegation of Duties. 83 Section 8.06. Resignation of Administrative Agent. 83 Section 8.07. Non-Reliance on Administrative Agent and Other Lenders. 85

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 50 SECTION 2.17 2.18 Mitigation of Obligations; Replacement of Lenders 39 5251 SECTION 2.19 Defaulting Lenders 5352 SECTION 2.20 Cash Collateral 5554 SECTION 2.21 Accordion Facilities 55 SECTION 2.22 Benchmark Replacement 56 ARTICLE III Representations CONDITIONS PRECEDENT 5657 SECTION 3.01 Conditions Precedent to the Closing Date 5657 SECTION 3.02 Conditions Precedent to Each Credit Event 58 ARTICLE IV REPRESENTATIONS AND WARRANTIES 5859 SECTION 4.01 Organization and Warranties 41 Qualification 5859 i Revolving Credit Facility SECTION 3.1 Organization; Powers 41 4.02 Authorization, Validity, Etc 59 SECTION 3.2 Authorization; Enforceability 41 4.03 Governmental Consents, Etc 59 SECTION 3.3 Governmental Approvals; 4.04 No Conflicts 41 Breach or Violation of Agreements or Restrictions, Etc 5960 SECTION 3.4 Financial Condition; No Material Adverse Change 42 4.05 Properties 5960 SECTION 3.5 Properties 42 SECTION 3.6 4.06 Litigation and Environmental Matters 42 5960 SECTION 3.7 4.07 Financial Statements 60 SECTION 4.08 Disclosure 6061 SECTION 4.09 Investment Company Act 61 SECTION 4.10 ERISA 61 SECTION 4.11 Tax Returns and Payments 6061 SECTION 4.12 Compliance with Laws and Agreements 43 6061 SECTION 3.8 Investment and Holding Company Status 43 4.13 Purpose of Loans 6061 SECTION 3.9 Taxes 43 4.14 Foreign Assets Control Regulations, etc. 62 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 4.15 Solvency. 6263 ARTICLE V Affirmative Covenants 48 AFFIRMATIVE COVENANTS 6263 SECTION 5.1 5.01 Financial Statements and Other Information 48 6263 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 5.02 Existence; , Conduct of Business 50 6465 SECTION 5.4 5.03 Payment of Obligations 50 65 SECTION 5.5 5.04 Maintenance of Properties; Insurance 50 65 SECTION 5.6 5.05 Books and Records; Inspection Rights 50 6566 SECTION 5.7 5.06 Compliance with Laws and Material Contractual Obligations 50 6566 SECTION 5.8 5.07 Use of Proceeds 51 66 SECTION 5.08 Additional Guarantors 66 ARTICLE VI Negative Covenants 52 NEGATIVE COVENANTS 66 SECTION 6.1 6.01 Indebtedness of Non-Guarantor Subsidiaries 66 SECTION 6.02 Liens 52 67 SECTION 6.2 6.03 Fundamental Changes 53 6768 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 6.04 Restricted Payments 68 SECTION 6.4 6.05 Transactions with Affiliates 55 68 SECTION 6.5 6.06 Restrictive Agreements 55 69 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 6.07 Ratio of Consolidated Debt Net Indebtedness to Consolidated Total Capitalization 56 EBITDA 6970 SECTION 6.8 Limitation on Sales 6.08 Use of Assets 56 Proceeds 6970 ARTICLE VII EVENTS OF DEFAULT 6970 SECTION 7.01 Events of Default 58and Remedies 6970 ARTICLE VIII THE ADMINISTRATIVE AGENT 72 SECTION 8.01 Appointment and Authority 72 ii Revolving Credit Facility SECTION 8.02 Rights as a Lender 72 SECTION 8.03 Exculpatory Provisions 7273 SECTION 8.04 Reliance by Administrative Agent 73 SECTION 8.05 Delegation of Duties 7374 SECTION 8.06 Resignation of Administrative Agent 7374 SECTION 8.07 Non-Reliance on Administrative Agent and Other Lenders 7475 SECTION 8.08 INDEMNIFICATION 75 SECTION 8.09 No Reliance on Agents or other Lenders 7576 SECTION 8.10 Duties of the Syndication Agent, Documentation Agents, Arrangers 76 SECTION 8.11 Certain ERISA Matters 76 SECTION 8.12 Erroneous Payments. 7778 ARTICLE IX MISCELLANEOUS 7879 SECTION 9.01 Notices, Etc. 7879 SECTION 9.02 Waivers; Amendments; Releases 80 SECTION 9.03 Payment of Expenses, Indemnities, etc. 8182 SECTION 9.04 Successors and Assigns Generally 8485 SECTION 9.05 Assignments by Lenders 8485 SECTION 9.06 Survival; Reinstatement 8788 SECTION 9.07 Counterparts; Integration; Effectiveness; Electronic Execution 88 SECTION 9.08 Severability 8889 SECTION 9.09 Right of Setoff 8889 SECTION 9.10 Governing Law; Jurisdiction; Consent to Service of Process 8990 SECTION 9.11 WAIVER OF JURY TRIAL 9091 SECTION 9.12 Confidentiality 9091 SECTION 9.13 Interest Rate Limitation 9192 SECTION 9.14 EXCULPATION PROVISIONS 9192 SECTION 9.15 U.S. Patriot Act 92 SECTION 9.16 No Advisory or Fiduciary Responsibility 92 SECTION 9.17 Headings 9293 SECTION 9.18 Acknowledgement and Consent to Bail-In of Affected Institutions 9293 iii Revolving Credit Facility SCHEDULES: Schedule 1.01 Commitments Schedule 1.01A Excluded Subsidiaries Schedule 1.01B Existing Letters of Credit Schedule 1.01C Existing LC Subsidiaries Schedule 6.01 Existing Non-Guarantor Indebtedness Schedule 6.05 Existing Transactions with Affiliates Schedule 6.06 Existing Restrictive Agreements EXHIBITS: Exhibit 1.01-A Form of Assignment and Acceptance Exhibit 1.01-B Form of Guaranty Agreement Exhibit 1.01-C Form of Committed Note Exhibit 1.01-D Form of Swingline Note Exhibit 2.03 Form of Borrowing Request Exhibit 2.05 Form of Letter of Credit Request Exhibit 2.07 Form of Interest Election Request Exhibit 2.10 Form of Notice of Prepayment Exhibit 2.16-A Form of U.S. Tax Compliance Certificate Exhibit 2.16-B Form of U.S. Tax Compliance Certificate Exhibit 2.16-C Form of U.S. Tax Compliance Certificate Exhibit 2.16-D Form of U.S. Tax Compliance Certificate Exhibit 2.21 Form of New Loan Increase Joinder Exhibit 5.01 Form of Compliance Certificate iv Revolving Credit Facility REVOLVING CREDIT AGREEMENT THIS REVOLVING CREDIT AGREEMENT, dated as of November 16, 2018 (this “Agreement”) is among:

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 28 SECTION 2.17 2.21. Mitigation Obligations; Replacement of Lenders 39 29 SECTION 2.22. Defaulting Lenders 30 ARTICLE III Representations and Warranties 41 32 Reserved 32 ARTICLE IV 32 REPRESENTATIONS AND WARRANTIES 32 SECTION 3.1 4.01. Organization; Powers 41 32 SECTION 3.2 4.02. Authorization; Enforceability 41 32 SECTION 3.3 4.03. Governmental Approvals; No Conflicts 41 32 SECTION 3.4 4.04. Financial Condition; No Material Adverse Change 42 32 SECTION 3.5 4.05. Properties 42 33 SECTION 3.6 4.06. Litigation and Environmental Matters 42 33 SECTION 3.7 4.07. Compliance with Laws and Agreements 43 33 SECTION 3.8 4.08. Investment and Holding Company Status 43 34 SECTION 3.9 4.09. Taxes 43 34 SECTION 3.10 4.10. ERISA 43 34 SECTION 3.11 4.11. Disclosure 44 34 SECTION 3.12 Margin Stock 44 4.12. Use of Credit 34 SECTION 3.13 No Burdensome Restrictions 44 4.14. Withholding Taxes 35 SECTION 3.14 Subsidiaries 44 4.15. Stamp Taxes 35 SECTION 3.15 Solvency 44 4.16. Legal Form 35 ARTICLE IV Conditions 45 V 35 CONDITIONS 35 SECTION 4.1 5.01. Effective Date 45 35 SECTION 4.2 5.02. Each Credit Event 36 ARTICLE VI 37 COVENANTS 37 SECTION 6.01 Reporting 37 SECTION 6.02 Reserved 38 SECTION 6.03 Corporate Existence 38 SECTION 6.04 Maintenance of Properties 38 SECTION 6.05 Statement by the Company as to Default 39 SECTION 6.06 Limitation on Liens on Stock of Designated Subsidiaries 39 SECTION 6.07 Waiver of Certain Covenants 39 ARTICLE VII 40 RESERVED 40 ARTICLE VIII 40 EVENTS OF DEFAULT 40 ARTICLE IX 42 THE ADMINISTRATIVE AGENT 42 ARTICLE X 44 MISCELLANEOUS 44 SECTION 10.01. Notices 44 SECTION 10.02. Waivers; Amendments 45 SECTION 10.03. Expenses; Indemnity; Damage Waiver 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements 10.04. Successors and Other Information 48 Assigns 47 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 10.05. Survival 50 SECTION 5.4 Payment 10.06. Counterparts; Integration; Effectiveness 51 SECTION 10.07. Severability 51 SECTION 10.08. Right of Obligations 50 Setoff 51 SECTION 5.5 Maintenance of Properties10.09. Governing Law; Insurance 50 Jurisdiction; Etc 51 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 10.10. WAIVER OF JURY TRIAL 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 10.11. Headings 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions10.12. Treatment of Certain Information; Hedging Agreements Confidentiality 53 SECTION 6.4 Transactions 10.13. Judgment Currency 54 SECTION 10.14. USA PATRIOT Act 54 SECTION 10.15. NO FIDUCIARY DUTY 54 SECTION 10.16. ILLEGALITY 55 SCHEDULE I - Commitments SCHEDULE II - Litigation SCHEDULE III - Environmental Matters EXHIBIT A - Form of Assignment and Assumption EXHIBIT B - Form of Borrowing Request EXHIBIT C - Form of Interest Election Request EXHIBIT D - Form of Letter of Credit CREDIT AGREEMENT dated as of May 7, 2013 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among XLIT LTD., an exempted company incorporated in the Cayman Islands with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio limited liability (the “Company”), the LENDERS party hereto, and CITICORP USA, INC., as Administrative Agent and Issuing Lender. The Company has requested that the Issuing Lender issue letters of Consolidated Debt credit for its account and that the Lenders make loans to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales it in an aggregate face or principal amount not exceeding the aggregate amount of Assets 56 ARTICLE VII Events Commitments at any one time outstanding, and the Issuing Lender and Lenders are prepared to issue such letters of Default 58credit and make such loans upon the terms and conditions hereof. Accordingly, the parties hereto agree as follows:

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 83 SECTION 2.17 2.18. Mitigation Obligations; Replacement of Lenders 39 ARTICLE Lenders. 85 SECTION 2.19. Certain Fees. 86 SECTION 2.20. Commitment Fee and Upfront Fee. 86 SECTION 2.21. Letter of Credit Fees. 87 SECTION 2.22. Nature of Fees. 87 SECTION 2.23. Right of Set-Off. 87 SECTION 2.24. Security Interest in Letter of Credit Account. 88 SECTION 2.25. Payment of Obligations. 88 SECTION 2.26. Defaulting Lenders. 88 SECTION 2.27. Increase in Commitment. 92 SECTION 2.28. Extension of Term Loans; Extension of the Revolving Facility. 95 Article III Representations REPRESENTATIONS AND WARRANTIES SECTION 3.01. Organization and Warranties 41 Authority. 100 SECTION 3.1 Organization3.02. Air Carrier Status. 100 SECTION 3.03. Due Execution. 100 SECTION 3.04. Statements Made. 101 SECTION 3.05. Financial Statements; Powers 41 SECTION 3.2 Authorization; Enforceability 41 SECTION 3.3 Governmental Approvals; No Conflicts 41 SECTION 3.4 Financial Condition; No Material Adverse Change 42 Change. 102 SECTION 3.5 Properties 42 3.06. Ownership of Subsidiaries. 102 SECTION 3.6 3.07. Liens. 102 SECTION 3.08. Use of Proceeds. 102 SECTION 3.09. Litigation and Environmental Matters 42 SECTION 3.7 Compliance with Laws and Agreements 43 Laws. 102 SECTION 3.8 3.10. Slots. 103 SECTION 3.11. Routes. 103 SECTION 3.12. Margin Regulations; Investment and Company Act. 103 SECTION 3.13. Holding Company Status 43 of Collateral. 103 SECTION 3.9 Taxes 43 3.14. Perfected Security Interests. 103 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 3.15. Payment of Obligations 50 Taxes. 104 SECTION 5.5 Maintenance of Properties; Insurance 50 3.16. No Unlawful Payments. 104 SECTION 5.6 Books and Records; Inspection Rights 50 3.17. OFAC. 104 SECTION 5.7 3.18. Compliance with Laws and Material Contractual Obligations 50 Anti-Money Laundering Laws. 105 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 583.19. Solvency. 105 Article IV CONDITIONS OF LENDING

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 Mitigation Obligations31 Section 2.16. Lender’s Obligation to Mitigate; Replacement of Lenders 39 33 Section 2.17. Judgment Currency 34 ARTICLE III Representations and Warranties 41 SECTION 3.1 3 REPRESENTATIONS AND WARRANTIES Section 3.01. Organization; Powers 41 SECTION 3.2 35 Section 3.02. Authorization; Enforceability 41 SECTION 3.3 35 Section 3.03. Governmental Approvals; No Conflicts 41 SECTION 3.4 35 Section 3.04. Financial ConditionStatements; No Material Adverse Change 42 SECTION 3.5 35 Section 3.05. Properties 42 SECTION 3.6 36 Section 3.06. Litigation and Environmental Matters 42 SECTION 3.7 37 Section 3.07. Compliance with Laws and Agreements 43 SECTION 3.8 37 Section 3.08. Investment and Holding Company Status 43 SECTION 3.9 37 Section 3.09. Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 37 Section 3.10. Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 38 Section 3.11. Pari Passu Status 38 Section 3.12. Subsidiaries 44 SECTION 3.15 38 Section 3.13. Insurance 38 Section 3.14. Labor Matters 38 Section 3.15. Solvency 44 38 Section 3.16. Legal Form 38 ARTICLE IV Conditions 45 SECTION 4.1 4 CONDITIONS Section 4.01. Effective Date 45 SECTION 4.2 Each Credit Event 46 39 Section 4.02. Conditions To Borrowing 39 ARTICLE V Affirmative Covenants 48 SECTION 5.1 5 AFFIRMATIVE COVENANTS Section 5.01. Financial Statements and Other Information 48 SECTION 5.2 Notices 42 Section 5.02. Notice of Material Events 49 SECTION 5.3 43 Section 5.03. Existence; Conduct of Business 50 SECTION 5.4 44 Section 5.04. Payment of Obligations 50 SECTION 5.5 44 Section 5.05. Maintenance of Properties; Properties 44 Section 5.06. Insurance 50 SECTION 5.6 Books and 44 Section 5.07. Proper Records; Inspection Rights 50 SECTION 5.7 to Inspect and Appraise 44 Section 5.08. Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 45 Section 5.09. Use of Proceeds 51 ARTICLE VI Negative 45 Section 5.10. Further Assurances 45 Section 5.11. Covenants 52 SECTION 6.1 During Bridge Period 45 Section 6.01. Liens 52 SECTION 6.2 45 Section 6.02. Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 46 Section 6.03. Transactions with Affiliates 55 SECTION 6.5 47 Section 6.04. Restrictive Agreements 55 SECTION 6.6 Fixed Charges 47 Section 6.05. Interest Expense Coverage 56 SECTION 6.7 Ratio of Consolidated 48 Section 6.06. Leverage Ratio 49 Section 6.07. Subsidiary Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 5849

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 34 SECTION 2.17 2.16. Mitigation Obligations; Replacement of Lenders 39 36 SECTION 2.17. Defaulting Lenders 37 ARTICLE III Representations and Warranties 41 37 REPRESENTATIONS AND WARRANTIES 37 SECTION 3.1 3.01. Organization; Powers 41 37 SECTION 3.2 3.02. Authorization; Enforceability 41 37 SECTION 3.3 3.03. Governmental Approvals; No Conflicts 41 38 SECTION 3.4 3.04. Financial ConditionStatements; No Material Adverse Change 42 38 SECTION 3.5 3.05. Properties 42 38 SECTION 3.6 3.06. Litigation and Environmental Matters 42 39 SECTION 3.7 3.07. Compliance with Laws and Agreements 43 39 SECTION 3.8 3.08. No Default 39 SECTION 3.09. Investment and Holding Company Status 43 39 SECTION 3.9 3.10. Insurance Licenses 39 SECTION 3.11. Taxes 43 40 SECTION 3.10 3.12. ERISA 43 40 SECTION 3.11 3.13. Disclosure 44 40 SECTION 3.12 3.14. Margin Stock 44 Regulations 40 SECTION 3.13 No Burdensome Restrictions 44 3.15. Indebtedness 40 SECTION 3.14 3.16. Liens 40 SECTION 3.17. Subsidiaries 44 41 SECTION 3.15 3.18. Solvency 44 41 SECTION 3.19. Security Documents 41 ARTICLE IV Conditions 45 41 CONDITIONS 41 SECTION 4.1 4.01. Effective Date 45 41 SECTION 4.2 4.02. Each Credit Event 46 43 ARTICLE V Affirmative Covenants 48 44 AFFIRMATIVE COVENANTS 44 SECTION 5.1 5.01. Financial Statements and Other Information 48 44 SECTION 5.2 5.02. Notices of Material Events 49 46 SECTION 5.3 5.03. Existence; Conduct of Business 50 48 SECTION 5.4 5.04. Payment of Obligations 50 48 SECTION 5.5 5.05. Maintenance of Properties; Insurance 50 Properties 48 SECTION 5.6 5.06. Books and Records; Records 48 SECTION 5.07. Inspection Rights 50 48 SECTION 5.7 5.08. Compliance with Laws and Material Contractual Obligations 50 48 SECTION 5.8 5.09. Insurance 48 SECTION 5.10. Use of Proceeds 51 49 SECTION 5.11. Guarantees; Release and Reinstatement 49 SECTION 5.12. Pledges; Release and Reinstatement 49 SECTION 5.13. Maintenance of Ratings 50 ARTICLE VI Negative Covenants 52 50 NEGATIVE COVENANTS 50 SECTION 6.1 6.01. Indebtedness 50 SECTION 6.02. Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 5854

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 Setoffs 74 Section 2.18. Mitigation Obligations; Replacement of Lenders 39 76 Section 2.19. Designation of Company as Each Borrowers’ Agent 77 Section 2.20. Priority and Liens Applicable to Loan Parties 77 Section 2.21. Payment of Obligations 79 Section 2.22. No Discharge; Survival of Claims 79 ARTICLE III Representations and Warranties 41 SECTION 3.1 3 REPRESENTATIONS AND WARRANTIES Section 3.01. Organization; Powers 41 SECTION 3.2 79 Section 3.02. Authorization; Enforceability 41 SECTION 3.3 79 Section 3.03. Governmental Approvals; No Conflicts 41 SECTION 3.4 80 Section 3.04. Financial Condition; No Material Adverse Change 42 SECTION 3.5 80 Section 3.05. Properties 42 SECTION 3.6 80 Section 3.06. Litigation and Environmental Matters 42 SECTION 3.7 81 Section 3.07. Compliance with Laws and Agreements 43 SECTION 3.8 81 Section 3.08. Investment and Holding Company Status 43 SECTION 3.9 81 Section 3.09. Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 81 Section 3.10. Employee Benefit Plans 82 Section 3.11. Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 82 Section 3.12. Subsidiaries 44 SECTION 3.15 Solvency 44 82 Section 3.13. Insurance 82 Section 3.14. Labor Matters 82 Section 3.15. Security Documents 83 Section 3.16. Federal Reserve Regulations 84 Section 3.17. The Orders 84 ARTICLE IV Conditions 45 SECTION 4.1 4 CONDITIONS Section 4.01. Effective Date 45 SECTION 4.2 85 Section 4.02. Revolving Loans 88 Section 4.03. Each Credit Event 46 89 Section 4.04Conditions Precedent to the Effectiveness of this Agreement; Effect of Third Amendment and Restatement 89 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 585

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 Set Off 14 Section 2.12 Taxes 16 Section 2.13 Mitigation Obligations; Replacement of Lenders 39 18 Section 2.14 Defaulting Lenders 19 Section 2.15 Usury Recapture 21 Section 2.16 Allocation 22 ARTICLE III Representations III. CONDITIONS 22 Section 3.1 Conditions to the Making of the First Advance 22 Section 3.2 Conditions to All Credit Extensions 25 ARTICLE IV. REPRESENTATIONS AND WARRANTIES 26 Section 4.1 Existence 26 Section 4.2 Power 27 Section 4.3 Authorization and Warranties 41 SECTION 3.1 OrganizationApprovals 27 Section 4.4 Enforceable Obligations 27 Section 4.5 Financial Reporting 27 Section 4.6 True and Complete Disclosure 28 Section 4.7 Litigation; Powers 41 SECTION 3.2 Authorization; Enforceability 41 SECTION 3.3 Governmental Approvals; No Conflicts 41 SECTION 3.4 Financial Condition; No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 Litigation and Environmental Matters 42 SECTION 3.7 Compliance with Laws and Agreements 43 SECTION 3.8 28 Section 4.8 Use of Proceeds 29 Section 4.9 Investment and Holding Company Status 43 SECTION 3.9 Act 29 Section 4.10 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 29 Section 4.11 Pension Plans 30 Section 4.12 Condition of Property; Casualties 30 Section 4.13 No Burdensome Restrictions 44 SECTION 3.14 Restrictions; No Defaults 31 Section 4.14 Environmental Condition 31 Section 4.15 Permits, Licenses, Etc. 32 Section 4.16 Gas Contracts 32 Section 4.17 Liens; Titles, Leases, Etc. 33 Section 4.18 Solvency 33 Section 4.19 Hedging Agreements 33 Section 4.20 Material Agreements 33 Section 4.21 Equity Interests; Subsidiaries 44 SECTION 3.15 Solvency 44 33 Section 4.22 Labor Matters 34 Section 4.23 Insurance 34 Section 4.24 Foreign Assets Control Regulations 34 Section 4.25 Anti-Terrorism Law 35 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION V. AFFIRMATIVE COVENANTS 35 Section 5.1 Financial Statements and Other Information 48 SECTION Reserved 35 Section 5.2 Notices Maintenance of Material Events 49 SECTION Insurance 35 Section 5.3 Preservation of Corporate Existence; Conduct of Business 50 SECTION , Etc. 37 Section 5.4 Payment of Obligations 50 SECTION Taxes, Etc. 38 Section 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Visitation Rights 50 SECTION 38 Section 5.6 Reporting Requirements 39 Section 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION Maintenance of Property 42 Section 5.8 Agreement to Pledge 42 Section 5.9 Use of Proceeds 42 Section 5.10 Title Evidence and Opinions 42 Section 5.11 Further Assurances; Cure of Title Defects 43 Section 5.12 Additional Collateral; Additional Guarantors 43 Section 5.13 Leases; Development and Maintenance 44 Section 5.14 Litigation and Other Notices 45 Section 5.15 Employee Benefits 45 Section 5.16 Compliance with Environmental Laws 46 Section 5.17 Information Regarding Collateral 46 Section 5.18 Immaterial Subsidiaries 47 ARTICLE VI. NEGATIVE COVENANTS 47 Section 6.1 Liens, Etc. 47 Section 6.2 Debts, Guarantees, and Other Obligations 49 Section 6.3 Agreements Restricting Liens and Distributions 50 Section 6.4 Merger or Consolidation; Asset Sales 50 Section 6.5 Restricted Payments 51 ARTICLE VI Negative Covenants Section 6.6 Reserved 51 Section 6.7 Investments 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes Section 6.8 Reserved 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions Section 6.9 Compliance with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58ERISA 53

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 Setoffs 67 Section 2.15 Taxes 69 Section 2.16 Mitigation Obligations; Replacement of Lenders 39 71 Section 2.17 Letters of Credit 75 Section 2.18 Bank Guarantees 79 Section 2.19 Incremental Facility 84 ARTICLE III Representations and Warranties 41 SECTION 3.1 REPRESENTATIONS AND WARRANTIES 86 Section 3.01 Organization; Powers 41 SECTION 3.2 86 Section 3.02 Authorization; Enforceability 41 SECTION 3.3 Governmental ApprovalsEnforceability; Perfected Liens 86 Section 3.03 No Conflicts; No Conflicts 41 SECTION 3.4 Default. 87 Section 3.04 Financial ConditionStatements; No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 Litigation Projections 87 Section 3.05 Property 88 Section 3.06 Intellectual Property 88 Section 3.07 Equity Interests and Environmental Matters 42 SECTION 3.7 Subsidiaries 89 Section 3.08 Litigation; Compliance with Laws and Legal Requirements 89 Section 3.09 Agreements 43 SECTION 3.8 89 Section 3.10 Federal Reserve Regulations 90 Section 3.11 Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION Act, etc. 90 Section 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 90 Section 3.13 Taxes 90 Section 3.14 No Material Misstatements. 90 Section 3.15 Labor Matters 91 Section 3.16 Solvency 91 Section 3.17 Employee Benefit Plans 91 Section 3.18 Environmental Matters 92 Section 3.19 Insurance 92 Section 3.20 Anti-Terrorism Law; Sanctions; Anti-Corruption Law 92 Section 3.21 Concerning Rigs 93 Section 3.22 Form of Documentation; Citizenship 94 Section 3.23 Intercreditor Agreement 94 Section 3.24 Beneficial Ownership Certification 94 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 InvestmentsIV CONDITIONS TO CREDIT EXTENSIONS 94 Section 4.01 Conditions to Initial Credit Extension 94 Section 4.02 Conditions to All Credit Extensions 98 ARTICLE V AFFIRMATIVE COVENANTS 98 Section 5.01 Financial Statements, LoansReports, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58etc. 99

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 offs. 52 SECTION 2.17 2.19 Mitigation Obligations; Replacement of Lenders. 54 SECTION 2.20 Returned Payments 55 SECTION 2.21 Designation of Subsidiary Borrowers. 55 SECTION 2.22 Defaulting Lenders 39 57 SECTION 2.23 Incremental Revolving Commitments 59 SECTION 2.24 Extension of Commitment Termination Date 60 ARTICLE III Representations and Warranties 41 REPRESENTATIONS AND WARRANTIES 61 SECTION 3.1 3.01 Organization; Powers 41 62 SECTION 3.2 3.02 Authorization; Enforceability 41 62 SECTION 3.3 3.03 Governmental Approvals; No Conflicts 41 62 SECTION 3.4 3.04 Financial Condition; No Material Adverse Change 42 Change. 62 SECTION 3.5 Properties 42 3.05 Properties. 63 SECTION 3.6 3.06 Litigation and Environmental Matters 42 Matters. 63 SECTION 3.7 3.07 Investment Company Act 63 SECTION 3.08 Taxes 63 - i – SECTION 3.09 ERISA 63 SECTION 3.10 Disclosure 64 SECTION 3.11 Use of Credit 64 SECTION 3.12 Compliance with Laws and Agreements 43 SECTION 3.8 Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 64 SECTION 3.13 No Burdensome Restrictions 44 Default 64 SECTION 3.14 Subsidiaries 44 Solvency 64 SECTION 3.15 Solvency 44 [Reserved] 64 SECTION 3.16 Consideration 64 SECTION 3.17 Capitalization and Subsidiaries 65 SECTION 3.18 Insurance 65 SECTION 3.19 Employment Matters 65 SECTION 3.20 Anti-Terrorism Laws; Anti-Corruption Laws and Sanctions 65 SECTION 3.21 EEA Financial Institutions 65 ARTICLE IV Conditions 45 CONDITIONS 65 SECTION 4.1 4.01 Effective Date 45 65 SECTION 4.2 4.02 Each Credit Event 46 67 ARTICLE V Affirmative Covenants 48 AFFIRMATIVE COVENANTS 68 SECTION 5.1 5.01 Financial Statements and Other Information 48 68 SECTION 5.2 5.02 Notices of Material Events 49 70 SECTION 5.3 5.03 Existence; Conduct of Business 50 70 SECTION 5.4 Payment of 5.04 Taxes and Other Obligations 50 70 SECTION 5.5 5.05 Maintenance of Properties; Insurance 50 71 SECTION 5.6 5.06 Books and Records; Inspection Rights 50 71 SECTION 5.7 5.07 Compliance with Laws and Material Contractual Obligations 50 Obligations. 71 SECTION 5.8 5.08 Use of Proceeds 51 and Letters of Credit 71 SECTION 5.09 Governmental Authorizations 72 SECTION 5.10 Maintenance of Ratings 72 SECTION 5.11 Additional Guarantors; Further Assurances 72 ARTICLE VI Negative Covenants 52 NEGATIVE COVENANTS 72 SECTION 6.1 6.01 Indebtedness. 73 SECTION 6.02 Liens 52 75 SECTION 6.2 6.03 Fundamental Changes 53 Changes. 77 SECTION 6.3 6.04 Dispositions 77 SECTION 6.05 Transactions with Affiliates 78 SECTION 6.06 Investments, Loans, Advances, Guarantees and AcquisitionsAcquisitions 79 SECTION 6.07 Sale and Leaseback Transactions 81 SECTION 6.08 Restricted Payments; Hedging Agreements 53 Certain Payments of Indebtedness. 81 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 6.09 Restrictive Agreements 55 82 SECTION 6.6 Fixed Charges Coverage 56 6.10 Amendment of Material Documents 83 SECTION 6.7 Ratio 6.11 Financial Covenants 83 SECTION 6.12 Swap Agreements 83 SECTION 6.13 Changes in Fiscal Periods 84 SECTION 6.14 Lines of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 Business 84 ARTICLE VII Events EVENTS OF DEFAULT 84 ARTICLE VIII THE ADMINISTRATIVE AGENT 86 ARTICLE IX GUARANTEE 88 SECTION 9.01 The Guarantee 88 SECTION 9.02 Obligations Unconditional 89 SECTION 9.03 Reinstatement 90 SECTION 9.04 Subrogation 90 SECTION 9.05 Remedies 90 SECTION 9.06 Instrument for the Payment of Default 58Money 90 SECTION 9.07 Continuing Guarantee 91 SECTION 9.08 Indemnity and Subrogation 91 SECTION 9.09 Contribution and Subrogation 91 SECTION 9.10 Subordination 91 SECTION 9.11 Maximum Liability and Contribution 91 SECTION 9.12 Keepwell 92 SECTION 9.13 Release 92 ARTICLE X MISCELLANEOUS 92 SECTION 10.01 Notices 92 SECTION 10.02 Waivers; Amendments. 93 SECTION 10.03 Expenses; Indemnity; Damage Waiver. 95 SECTION 10.04 Successors and Assigns. 96 SECTION 10.05 Survival 100 SECTION 10.06 Counterparts; Integration; Effectiveness 100 SECTION 10.07 Severability 100 SECTION 10.08 Right of Setoff 101 SECTION 10.09 Governing Law; Jurisdiction; Judicial Proceedings; Etc. 101 SECTION 10.10 WAIVER OF JURY TRIAL 102 SECTION 10.11 Headings 102 SECTION 10.12 Confidentiality 102 SECTION 10.13 Judgment Currency 103 SECTION 10.14 Several Obligations; Nonreliance; Violation of Law 103 SECTION 10.15 Conflicts 104 SECTION 10.16 USA PATRIOT Act 104 SECTION 10.17 Appointment of Company as Agent 104 SECTION 10.18 Release of Guarantees. 105 SECTION 10.19 Acknowledgement and Consent to Bail-In of EEA Financial Institutions 105 SECTION 10.20 Existing Credit Agreement 106 SECTION 10.21 Suspended Terms 106 SCHEDULE 1.01A - Commitments SCHEDULE 2.06(l) - Existing Letters of Credit SCHEDULE 3.06(a) - Litigation SCHEDULE 3.06(b) - Environmental Matters SCHEDULE 3.17 - Capitalization and Subsidiaries SCHEDULE 5.02(d) - Environmental Matters SCHEDULE 6.01 - Indebtedness SCHEDULE 6.02 - Liens SCHEDULE 6.04 - Dispositions SCHEDULE 6.06 - Investments SCHEDULE 6.06(o) - Joint Venture Investments SCHEDULE 6.09 - Restrictive Agreements EXHIBIT A - Form of Assignment and Assumption EXHIBIT B - Form of Designation Letter EXHIBIT C - Form of Opinion of Counsel to the Loan Parties EXHIBIT D - [Reserved] EXHIBIT E - Form of Termination Letter EXHIBIT F - [Reserved] EXHIBIT G - Form of Joinder Agreement EXHIBIT H-1 - Form of U.S. Tax Compliance Certificate EXHIBIT H-2 - Form of U.S. Tax Compliance Certificate EXHIBIT H-3 - Form of U.S. Tax Compliance Certificate EXHIBIT H-4 - Form of U.S. Tax Compliance Certificate EXHIBIT I - Increased Facility Activation Notice EXHIBIT J - New Lender Supplement This AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”), dated as of March 21, 2011, as amended and restated as of June 26, 2014, and as further amended and restated as of June 30, 2016, among BRUNSWICK CORPORATION, certain SUBSIDIARIES of Brunswick Corporation that may be SUBSIDIARY BORROWERS party hereto, certain SUBSIDIARIES of Brunswick Corporation that shall be GUARANTORS party hereto, the LENDERS party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent, JPMORGAN CHASE BANK, N.A., XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED and XXXXX FARGO SECURITIES, LLC, as Joint Lead Arrangers and Joint Bookrunners, BANK OF AMERICA, N.A. and XXXXX FARGO BANK, N.A., as Syndication Agents, and SUNTRUST BANK, U.S. BANK NATIONAL ASSOCIATION and CITIZENS BANK N.A., as Documentation Agents.

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 58 SECTION 2.17 2.19. Mitigation Obligations; Replacement of Lenders 39 60 SECTION 2.20. Borrowing Subsidiaries 61 SECTION 2.21. Additional Reserve Costs 61 SECTION 2.22. Redenomination of Certain Designated Foreign Currencies 62 SECTION 2.23. Defaulting Lenders 62 ARTICLE III Representations and Warranties 41 SECTION 3.1 Organization; Powers 41 3.01. Organization and Qualification 65 SECTION 3.2 Authorization; Enforceability 41 3.02. Subsidiaries 65 SECTION 3.3 Governmental Approvals; No Conflicts 41 3.03. Corporate Authority and Validity of Obligations 65 SECTION 3.4 3.04. Margin Stock 66 SECTION 3.05. Financial Condition; Reports 66 SECTION 3.06. No Material Adverse Change 42 66 SECTION 3.5 Properties 42 3.07. Litigation 66 SECTION 3.6 Litigation and 3.08. Tax Returns 67 SECTION 3.09. Approvals 67 SECTION 3.10. ERISA 67 SECTION 3.11. Environmental Matters 42 67 SECTION 3.7 3.12. Properties 67 SECTION 3.13. Compliance with Laws and Agreements 43 68 SECTION 3.8 3.14. Investment and Holding Company Status 43 68 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 3.15. Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 68 ARTICLE IV Conditions 45 SECTION 4.1 4.01. Effective Date 45 69 SECTION 4.2 4.02. Each Borrowing 70 SECTION 4.03. Initial Extension of Credit Event 46 to each Borrowing Subsidiary 70 ARTICLE V Affirmative Covenants 48 SECTION 5.1 5.01. Corporate Existence 71 SECTION 5.02. Maintenance 71 SECTION 5.03. Taxes 71 SECTION 5.04. Insurance 72 SECTION 5.05. Financial Statements Reports and Other Information 48 72 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 5.06. Books and Records; Inspection Rights 50 73 SECTION 5.7 5.07. Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 73 ARTICLE VI Negative Covenants 52 SECTION 6.1 6.01. Indebtedness 74 SECTION 6.02. Liens 52 74 SECTION 6.2 6.03. Fundamental Changes 53 75 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 6.04. Use of Proceeds 75 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges 6.05. Interest Expense Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 76 ARTICLE VII Events of Default 58ARTICLE VIII The Administrative Agent ARTICLE IX Guarantee ARTICLE X

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 63 Section 2.17. Mitigation Obligations; Replacement of Lenders 39 65 Section 2.18. Defaulting Lenders 66 Section 2.19. Swingline Loans 67 Section 2.20. Expansion Option 68 Section 2.21. Judgment Currency 69 Section 2.22. Designation of Foreign Subsidiary Borrowers 70 Section 2.23. Interest Act (Canada), Etc. 70 Section 2.24. Financial Assistance 71 ARTICLE III Representations and Warranties 41 SECTION 3.1 Organization; Powers 41 SECTION 3.2 72 Section 3.01. Existence and Power 72 Section 3.02. Authorization; Enforceability 41 SECTION 3.3 Governmental ApprovalsNo Contravention 72 Section 3.03. Binding Effect 72 Section 3.04. Financial Information 73 Section 3.05. Litigation 73 Section 3.06. Compliance with ERISA; No Conflicts 41 SECTION 3.4 Financial Condition; No Material Adverse Change 42 SECTION 3.5 Foreign Pension Plans 73 Section 3.07. Taxes 74 Section 3.08. Environmental Compliance 75 Section 3.09. Properties 42 SECTION 3.6 Litigation and Environmental Matters 42 SECTION 3.7 75 Section 3.10. Compliance with Laws and Agreements 43 SECTION 3.8 76 Section 3.11. Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 76 Section 3.12. Full Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 76 Section 3.13. Security Interest 76 Section 3.14. Solvency 77 Section 3.15. Employee Matters 77 Section 3.16. Subsidiaries 77 Section 3.17. No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 Change in Credit Criteria or Collection Policies 77 Section 3.18. Senior Indebtedness 77 Section 3.19. Compliance with the Swiss Twenty Non-Bank Rule 77 ARTICLE IV Conditions 45 SECTION 4.1 78 Section 4.01. Effective Date 45 SECTION 4.2 78 Section 4.02. Each Credit Event 46 79 Section 4.03. Designation of a Foreign Subsidiary Borrower 80 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements 80 Section 5.01. Information 80 Section 5.02. Maintenance of Property; Insurance 84 Section 5.03. Compliance with Laws 84 Section 5.04. Inspection of Property, Books and Other Information 48 SECTION 5.2 Notices Records 84 Section 5.05. Use of Material Events 49 SECTION 5.3 Proceeds 85 Section 5.06. Environmental Matters 85 Section 5.07. Taxes 85 Section 5.08. Security Interests 85 Section 5.09. Existence; Conduct of Business 50 SECTION 5.4 Payment 85 Section 5.10. Litigation and Other Notices 86 Section 5.11. Additional Grantors and Guarantors; Collateral 86 Section 5.12. Maintain Operating Accounts 87 Section 5.13. Centre of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books main interests and Records; Inspection Rights 50 SECTION 5.7 Establishment 88 Section 5.14. Compliance with Laws the Swiss Twenty Non-Bank Rule 88 Section 5.15. Canadian and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 Foreign Benefit Plan Notices and Information 88 ARTICLE VI Negative Covenants 52 SECTION 6.1 89 Section 6.01. Indebtedness 89 Section 6.02. Liens 52 SECTION 6.2 91 Section 6.03. Fundamental Changes 53 SECTION 6.3 93 Section 6.04. Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58Acquisitions 96

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 Setoffs 95 SECTION 2.17 2.19 Mitigation Obligations; Replacement of Lenders 39 ARTICLE III Representations and Warranties 41 97 SECTION 3.1 Organization; Powers 41 2.20 Incremental Credit Extension 98 SECTION 3.2 Authorization; Enforceability 41 2.21 Refinancing Amendments 101 SECTION 3.3 Governmental Approvals; No Conflicts 41 2.22 Defaulting Lenders 102 SECTION 3.4 Financial Condition; No Material Adverse Change 42 2.23 Illegality 103 SECTION 3.5 Properties 42 SECTION 3.6 Litigation and Environmental Matters 42 SECTION 3.7 Compliance with Laws and Agreements 43 SECTION 3.8 Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 2.24 Loan Modification Offers 103 - i- Page ARTICLE VI Negative Covenants 52 NEGATIVE COVENANTS SECTION 6.1 6.01 Indebtedness; Certain Equity Securities 115 SECTION 6.02 Liens 52 120 SECTION 6.2 6.03 Fundamental Changes 53 Changes; Holding Companies 122 SECTION 6.3 6.04 Investments, Loans, Advances, Guarantees and AcquisitionsAcquisitions 123 SECTION 6.05 Asset Sales 126 SECTION 6.06 Holdings Covenant 128 SECTION 6.07 Negative Pledge 128 SECTION 6.08 Restricted Payments; Hedging Agreements 53 Certain Payments of Indebtedness 129 SECTION 6.4 6.09 Transactions with Affiliates 55 133 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 6.10 Financial Covenant 135 ARTICLE VII EVENTS OF DEFAULT SECTION 7.01 Events of Default 58135 SECTION 7.02 Right to Cure 139 SECTION 7.03 Application of Proceeds 140 ARTICLE VIII THE ADMINISTRATIVE AGENT AND COLLATERAL AGENT ARTICLE IX MISCELLANEOUS SECTION 9.01 Notices 144 SECTION 9.02 Waivers; Amendments 146 SECTION 9.03 Expenses; Indemnity; Damage Waiver 151 SECTION 9.04 Successors and Assigns 152 SECTION 9.05 Survival 158 SECTION 9.06 Counterparts; Integration; Effectiveness 158 SECTION 9.07 Severability 158 SECTION 9.08 Right of Setoff 159 SECTION 9.09 Governing Law; Jurisdiction; Consent to Service of Process 159 SECTION 9.10 WAIVER OF JURY TRIAL 159 SECTION 9.11 Headings 160 SECTION 9.12 Confidentiality 160 SECTION 9.13 USA Patriot Act 161 SECTION 9.14 Judgment Currency 161 SECTION 9.15 Release of Liens and Guarantees 161 SECTION 9.16 No Fiduciary Relationship 162 SECTION 9.17 Interest Rate Limitation 162 SECTION 9.18 Acknowledgement and Consent to Bail-In of Affected Financial Institutions 162 SECTION 9.19 Certain ERISA Matters 162 SECTION 9.20 Electronic Execution of Assignments and Certain Other Documents 163 SECTION 9.21 Acknowledgement Regarding Any Supported QFCs 164 -iii- SCHEDULES: Schedule 1.01(a) — Excluded Subsidiaries Schedule 2.01(a) — Term Commitments Schedule 2.01(b) — Revolving Commitments; Letter of Credit Commitments Schedule 3.12 — Subsidiaries Schedule 5.14 — Certain Post-Closing Obligations Schedule 6.01 — Existing Indebtedness Schedule 6.02 — Existing Liens Schedule 6.04(f) — Existing Investments Schedule 6.07 — Existing Restrictions Schedule 6.09 — Existing Transactions with Affiliates EXHIBITS: Exhibit A — Form of Assignment and Assumption Exhibit B — Form of Affiliated Lender Assignment and Assumption Exhibit C — Form of Guarantee Agreement Exhibit D — Form of Collateral Agreement Exhibit E — Form of First Lien Intercreditor Agreement Exhibit F — Form of Second Lien Intercreditor Agreement Exhibit G — Form of Closing Certificate Exhibit H — Form of Intercompany Note Exhibit I — Form of Specified Discount Prepayment Notice Exhibit J — Form of Specified Discount Prepayment Response Exhibit K — Form of Discount Range Prepayment Notice Exhibit L — Form of Discount Range Prepayment Offer Exhibit M — Form of Solicited Discounted Prepayment Notice Exhibit N — Form of Solicited Discounted Prepayment Offer Exhibit O — Form of Acceptance and Prepayment Notice Exhibit P-1 — Form of U.S. Tax Compliance Certificate (For Non-U.S. Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit P-2 — Form of U.S. Tax Compliance Certificate (For Non-U.S. Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit P-3 — Form of U.S. Tax Compliance Certificate (For Non-U.S. Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit P-4 — Form of U.S. Tax Compliance Certificate (For Non-U.S. Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit Q — Form of Borrowing Request Exhibit R — Form of Interest Election Request Exhibit S — Form of Notice of Loan Prepayment - iv-

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 40 SECTION 2.17 2.19. Mitigation Obligations; Replacement of Lenders 39 ARTICLE 42 SECTION 2.20. Expansion Option 42 SECTION 2.21. Defaulting Lenders 44 Article III Representations and Warranties 41 45 SECTION 3.1 Organization; Powers 41 SECTION 3.2 Authorization; Enforceability 41 SECTION 3.3 Governmental Approvals; No Conflicts 41 SECTION 3.4 3.01. Financial Condition; No Material Adverse Change 42 45 SECTION 3.5 Properties 42 3.02. Organization; Existence 46 SECTION 3.6 3.03. Power; Authorization; Enforceable Obligations 46 SECTION 3.04. Conflict 46 SECTION 3.05. No Material Litigation 46 SECTION 3.06. No Default 46 SECTION 3.07. Taxes 47 SECTION 3.08. ERISA 47 SECTION 3.09. Governmental Regulations, Etc. 48 SECTION 3.10. Subsidiaries 48 SECTION 3.11. Purpose of Loans and Letters of Credit 48 i Table of Contents (continued) Page SECTION 3.12. Compliance with Laws; Contractual Obligations 48 SECTION 3.13. Accuracy and Completeness of Information 49 SECTION 3.14. Environmental Matters 42 49 SECTION 3.7 Compliance with 3.15. Anti-Corruption Laws and Agreements 43 SECTION 3.8 Investment and Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE Sanctions 50 Article IV Conditions 45 50 SECTION 4.1 4.01. Effective Date 45 50 SECTION 4.2 4.02. Each Credit Event 46 ARTICLE 51 Article V Affirmative Covenants 48 52 SECTION 5.1 5.01. Financial Statements and 52 SECTION 5.02. Certificates; Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 585.03. Notices 53

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 50 SECTION 2.17 2.21. Mitigation Obligations; Replacement of Lenders 39 52 SECTION 2.22. Defaulting Lenders 53 SECTION 2.23. Absence of Rating 54 ARTICLE III Representations and Warranties 41 54 SECTION 3.1 3.01. The Guarantee 55 SECTION 3.02. Obligations Unconditional 55 SECTION 3.03. Reinstatement 55 SECTION 3.04. Subrogation 56 SECTION 3.05. Remedies 56 SECTION 3.06. Continuing Guarantee 56 ii SECTION 3.07. Rights of Contribution 56 SECTION 3.08. General Limitation on Guarantee Obligations 57 ARTICLE IV 57 REPRESENTATIONS AND WARRANTIES 57 SECTION 4.01. Organization; Powers 41 57 SECTION 3.2 4.02. Authorization; Enforceability 41 57 SECTION 3.3 4.03. Governmental Approvals; No Conflicts 41 58 SECTION 3.4 4.04. Financial Condition; No Material Adverse Change 42 58 SECTION 3.5 4.05. Properties 42 58 SECTION 3.6 4.06. Litigation and Environmental Matters 42 59 SECTION 3.7 4.07. Compliance with Laws and Agreements 43 59 SECTION 3.8 4.08. Investment and Holding Company Status 43 59 SECTION 3.9 4.09. Taxes 43 59 SECTION 3.10 4.10. ERISA 43 59 SECTION 3.11 4.11. Disclosure 44 60 SECTION 3.12 Margin Stock 44 4.12. Use of Credit 60 SECTION 3.13 No Burdensome Restrictions 44 4.13. Subsidiaries 60 SECTION 3.14 Subsidiaries 44 4.14. Withholding Taxes 61 SECTION 3.15 Solvency 44 4.15. Stamp Taxes 61 SECTION 4.16. Legal Form 61 ARTICLE IV Conditions 45 V 61 CONDITIONS 61 SECTION 4.1 5.01. Effective Date 45 61 SECTION 4.2 5.02. Each Credit Event 46 63 ARTICLE V Affirmative Covenants 48 VI 63 AFFIRMATIVE COVENANTS 63 SECTION 5.1 6.01. Financial Statements and Other Information 48 63 SECTION 5.2 6.02. Notices of Material Events 49 66 SECTION 5.3 Existence; Conduct 6.03. Preservation of Business 50 Existence and Franchises 66 SECTION 5.4 6.04. Insurance 66 SECTION 6.05. Maintenance of Properties 67 SECTION 6.06. Payment of Obligations 50 Taxes and Other Potential Charges and Priority Claims; Payment of Other Current Liabilities 67 SECTION 5.5 Maintenance of Properties; Insurance 50 6.07. Financial Accounting Practices 67 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 6.08. Compliance with Applicable Laws and Material Contractual Obligations 50 68 SECTION 5.8 6.09. Use of Letters of Credit and Proceeds 51 68 SECTION 6.10. Continuation of and Change in Businesses 68 SECTION 6.11. Visitation 68 ARTICLE VI Negative Covenants 52 VII 68 NEGATIVE COVENANTS 68 SECTION 6.1 7.01. Mergers 68 SECTION 7.02. Dispositions 69 SECTION 7.03. Liens 52 70 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 7.04. Transactions with Affiliates 55 72 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 7.05. Ratio of Consolidated Total Funded Debt to Consolidated Total Capitalization 56 72 SECTION 6.8 Limitation on Sales 7.06. Consolidated Net Worth 72 SECTION 7.07. Indebtedness 72 SECTION 7.08. Financial Strength Ratings 73 SECTION 7.09. Private Act 73 ARTICLE VIII 73 EVENTS OF DEFAULT 73 ARTICLE IX 77 THE ADMINISTRATIVE AGENT 77 ARTICLE X 79 MISCELLANEOUS 79 SECTION 10.01. Notices 79 SECTION 10.02. Waivers; Amendments 80 SECTION 10.03. Expenses; Indemnity; Damage Waiver 81 SECTION 10.04. Successors and Assigns 83 SECTION 10.05. Survival 87 SECTION 10.06. Counterparts; Integration; Effectiveness 87 SECTION 10.07. Severability 87 SECTION 10.08. Right of Assets 56 ARTICLE VII Events Setoff 88 SECTION 10.09. Governing Law; Jurisdiction; Etc. 88 SECTION 10.10. WAIVER OF JURY TRIAL 89 SECTION 10.11. Headings 89 SECTION 10.12. Treatment of Default 58Certain Information; Confidentiality 89 SECTION 10.13. Judgment Currency 90 SECTION 10.14. USA PATRIOT Act 91 SECTION 10.15. NO FIDUCIARY DUTY 91 SECTION 10.16. ILLEGALITY 91 SCHEDULE I - Commitments SCHEDULE II - Indebtedness and Liens SCHEDULE III - Litigation SCHEDULE IV - Environmental Matters SCHEDULE V - Subsidiaries SCHEDULE VI - Existing Letters of Credit EXHIBIT A - Form of Assignment and Assumption EXHIBIT B - Form of Confirming Lender Agreement EXHIBIT C Form of Borrowing Request EXHIBIT D Form of Interest Election Request UNSECURED CREDIT AGREEMENT dated as of December 9, 2011 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among XL GROUP PLC, an Irish public limited company (“XL Group”), XLIT LTD., an exempted company incorporated in the Cayman Islands with limited liability (“XLIT”), X.L. AMERICA, INC., a Delaware corporation (“XL America”), XL INSURANCE (BERMUDA) LTD, a Bermuda limited liability company (“XL Insurance (Bermuda)”), XL RE LTD, a Bermuda limited liability company (“XL Re”), XL RE EUROPE LIMITED, an Irish limited liability company (“XL Re Europe”), XL INSURANCE COMPANY LIMITED, a limited company domiciled in the United Kingdom (“XL Insurance”), XL INSURANCE SWITZERLAND LTD, a company limited by shares organized under the laws of Switzerland (“XL Switzerland”), and XL LIFE LTD, a Bermuda company (“XL Life” and together with XL Group, XLIT, XL America, XL Insurance (Bermuda), XL Re, XL Re Europe, XL Insurance and XL Switzerland, each an “Account Party” and collectively, the “Account Parties”; XL Group, XLIT, XL America, XL Insurance (Bermuda), XL Re and XL Life, each a “Guarantor” and collectively the “Guarantors”; the Account Parties and the Guarantors being collectively referred to as the “Obligors”), the LENDERS party hereto, and JPMORGAN CHASE BANK, N.A., as Administrative Agent. The Account Parties have requested that the Lenders issue letters of credit for their account and make loans to them in an aggregate face or principal amount not exceeding $1,350,000,000 at any one time outstanding (subject to the Loan Sublimit (as defined below)), and the Lenders are prepared to issue such letters of credit and make such loans upon the terms and conditions hereof. Accordingly, the parties hereto agree as follows:

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 Section 2.16 Mitigation Obligations; Replacement of Lenders 39 22 ARTICLE III Representations and Warranties 41 SECTION 3.1 23 Section 3.01 Organization; Powers 41 SECTION 3.2 23 Section 3.02 Authorization; Enforceability 41 SECTION 3.3 23 Section 3.03 Governmental Approvals; No Conflicts 41 SECTION 3.4 23 Section 3.04 Financial Condition; No Material Adverse Change 42 SECTION 3.5 23 Section 3.05 Properties 42 SECTION 3.6 23 Section 3.06 Litigation and Environmental Matters 42 SECTION 3.7 24 Section 3.07 Compliance with Laws and Agreements 43 SECTION 3.8 24 Section 3.08 Investment and Holding Company Status 43 SECTION 3.9 24 Section 3.09 Taxes 43 SECTION 24 Section 3.10 ERISA 43 SECTION 24 Section 3.11 Disclosure 44 SECTION 25 Section 3.12 Margin Stock 44 SECTION Federal Regulations 25 Section 3.13 No Burdensome Restrictions 44 SECTION Purpose of Loans 25 Section 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 and Significant Subsidiaries 25 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 25 Section 4.01 Closing Conditions 25 Section 4.03 Each Credit Event 46 26 i ARTICLE V Affirmative Covenants 48 SECTION 5.1 27 Section 5.01 Financial Statements and Other Information 48 SECTION 5.2 27 Section 5.02 Notices of Material Events 49 SECTION 5.3 28 Section 5.03 Existence; Conduct of Business 50 SECTION 5.4 28 Section 5.04 Payment of Obligations 50 SECTION 5.5 28 Section 5.05 Maintenance of Properties; Insurance 50 SECTION 5.6 28 Section 5.06 Books and Records; Inspection Rights 50 SECTION 5.7 29 Section 5.07 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 29 Section 5.08 Use of Proceeds 51 29 Section 5.09 Maintenance of Accreditation, Etc. 29 Section 5.10 Additional Subsidiary Guarantors 29 ARTICLE VI Negative Covenants 52 SECTION 6.1 29 Section 6.01 Consolidated Tangible Net Worth 29 Section 6.02 Indebtedness 29 Section 6.03 Liens 52 SECTION 6.2 30 Section 6.04 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 30 Section 6.05 Transactions with Affiliates 55 SECTION 6.5 31 Section 6.06 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 31 Section 6.07 Business Activity 31 Section 6.08 Restricted Payments 31 ARTICLE VII Events of Default 5832 ARTICLE VIII The Administrative Agent 33 ARTICLE IX Miscellaneous 35 Section 9.01 Notices 35 Section 9.02 Waivers; Amendments 35 Section 9.03 Expenses; Indemnity; Damage Waiver 36 Section 9.04 Successors and Assigns 37 Section 9.05 Survival 39 Section 9.06 Counterparts; Integration; Effectiveness 40 Section 9.07 Severability 40 Section 9.08 Right of Setoff 40 Section 9.09 Governing Law; Jurisdiction; Consent to Service of Process 40 Section 9.10 Waiver of Jury Trial 41 Section 9.11 Headings 41 Section 9.12 Confidentiality 41 ii ARTICLE X GUARANTY 42 Section 10.1 The Guaranty 42 Section 10.2 Bankruptcy 42 Section 10.3 Nature of Liability 42 Section 10.4 Independent Obligation 43 Section 10.5 Authorization 43 Section 10.6 Reliance 43 Section 10.7 Waiver 43 Section 10.8 Limitation on Enforcement 44 Section 10.9 Confirmation of Payment 44 SCHEDULES: Schedule 2.01—Commitments Schedule 3.06—Disclosed Matters Schedule 3.14—Subsidiaries and Significant Subsidiaries Schedule 6.02—Existing Indebtedness Schedule 6.03—Existing Liens EXHIBITS: Exhibit A—Form of Assignment and Acceptance Exhibit B—Form of Joinder Agreement iii CREDIT AGREEMENT

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 69 SECTION 2.17 4.02 Taxes/Additional Payments 71 SECTION 4.03 Mitigation Obligations; Replacement of Lenders 39 75 SECTION 4.04 Financial Assistance 76 SECTION 4.05 UK Limitation 78 ARTICLE III Representations V CONDITIONS PRECEDENT SECTION 5.01 Conditions Precedent to the Effective Date 78 SECTION 5.02 Conditions Precedent to All Credit Events 85 ARTICLE VI REPRESENTATIONS AND WARRANTIES SECTION 6.01 Organization and Warranties 41 Qualification 87 SECTION 3.1 Organization; Powers 41 6.02 Authorization, Validity, Etc. 87 SECTION 3.2 Authorization; Enforceability 41 6.03 Governmental Consents, Etc. 87 SECTION 3.3 Governmental Approvals; 6.04 No Conflicts 41 Breach or Violation of Law or Agreements 88 SECTION 3.4 Financial Condition6.05 Litigation 88 SECTION 6.06 Information; No Material Adverse Change 42 88 SECTION 3.5 6.07 Investment Company Act; Margin Regulations 89 SECTION 6.08 ERISA; Canadian Defined Benefit Plans 89 SECTION 6.09 Tax Returns and Payments 89 SECTION 6.10 Requirements of Law 90 SECTION 6.11 No Default 90 SECTION 6.12 Anti-Corruption Laws and Sanctions 90 SECTION 6.13 Properties 42 91 SECTION 3.6 Litigation and Environmental Matters 42 6.14 No Restrictive Agreements 91 SECTION 3.7 6.15 Solvency 91 SECTION 6.16 Insurance 91 SECTION 6.17 Rank of Obligations 91 SECTION 6.18 Liens 91 SECTION 6.19 Security Interest in Collateral 91 SECTION 6.20 Capital Stock 92 SECTION 6.21 EEA Financial Institutions 92 SECTION 6.22 Compliance with Laws and Agreements 43 the Swiss Non-Bank Rules 92 SECTION 3.8 Investment and 6.23 Dutch Fiscal Unity 93 SECTION 6.24 Tax Residency 93 SECTION 6.25 Status as a Holding Company Status 43 93 ARTICLE VII AFFIRMATIVE COVENANTS SECTION 3.9 Taxes 43 7.01 Information Covenants 93 SECTION 3.10 ERISA 43 7.02 Books, Records and Inspections 96 SECTION 3.11 Disclosure 44 7.03 Insurance 96 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 ARTICLE IV Conditions 45 SECTION 4.1 Effective Date 45 SECTION 4.2 Each Credit Event 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 7.04 Payment of Obligations 50 Taxes and other Claims 97 SECTION 5.5 Maintenance of Properties; Insurance 50 7.05 Existence 97 SECTION 5.6 Books and Records; Inspection Rights 50 7.06 ERISA Compliance 97 SECTION 5.7 7.07 Compliance with Laws and Material Contractual Obligations 50 97 SECTION 5.8 7.08 Additional Guarantors; Additional Specified Jurisdictions 98 SECTION 7.09 Designation of Unrestricted Subsidiaries; Redesignation of Unrestricted Subsidiaries as Restricted Subsidiaries 102 SECTION 7.10 Compliance with the Swiss Non-Bank Rules 103 SECTION 7.11 Post-Closing Grant and Perfection Requirements Matters 103 SECTION 7.12 Status as a Holding Company 103 SECTION 7.13 Lender Meeting 103 SECTION 7.14 Maintenance of Properties 103 SECTION 7.15 Xxxxxx Xxxxxxx Letters of Credit 104 ARTICLE VIII NEGATIVE COVENANTS SECTION 8.01 Indebtedness 104 SECTION 8.02 Fundamental Changes 107 SECTION 8.03 Material Change in Business 108 SECTION 8.04 Liens 108 SECTION 8.05 Asset Dispositions 109 SECTION 8.06 Investments 110 SECTION 8.07 Swap Agreements 112 SECTION 8.08 Restricted Payments 112 SECTION 8.09 Minimum Liquidity 114 SECTION 8.10 Limitation on Transactions with Affiliates 114 SECTION 8.11 Restrictive Agreements 114 SECTION 8.12 Use of Proceeds 51 ARTICLE VI Negative Covenants 52 115 SECTION 6.1 Liens 52 8.13 Changes to Fiscal Year 116 SECTION 6.2 Fundamental Changes 53 8.14 Amendments to Documents Governing Certain Indebtedness 116 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 8.15 Limitation on Sales Equity Issuances 116 SECTION 8.16 Book Value of Assets 56 ARTICLE VII Events of Default 58116

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 2.18. Mitigation Obligations; Replacement of Lenders 38 SECTION 2.19. Designation of Borrowing Subsidiaries 38 SECTION 2.20. Additional Reserve Costs 39 SECTION 2.21. Defaulting Lenders 39 ARTICLE III Representations and Warranties 41 40 SECTION 3.1 3.01. Organization; Powers 41 40 SECTION 3.2 3.02. Authorization; Enforceability 41 40 SECTION 3.3 3.03. Governmental Approvals; No Conflicts 41 40 SECTION 3.4 3.04. Financial Condition; No Material Adverse Change 42 41 SECTION 3.5 3.05. Properties 42 41 SECTION 3.6 3.06. Litigation and Environmental Matters 42 41 SECTION 3.7 3.07. Compliance with Laws and Agreements 43 41 SECTION 3.8 3.08. Investment and Holding Company Status 43 41 SECTION 3.9 3.09. Taxes 43 42 SECTION 3.10 3.10. ERISA 43 and Pension Plans 42 SECTION 3.11 3.11. Disclosure 44 42 SECTION 3.12 3.12. Margin Stock 44 42 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 3.13. Subsidiaries; Guarantee Requirement 42 ARTICLE IV Conditions 45 42 SECTION 4.1 4.01. Effective Date 45 42 SECTION 4.2 4.02. Closing Date 43 SECTION 4.03. Each Credit Event 46 44 SECTION 4.04. Actions during Certain Funds Period 44 SECTION 4.05. Initial Credit Event for each Borrowing Subsidiary 44 ARTICLE V Affirmative Covenants 48 45 SECTION 5.1 5.01. Financial Statements and Other Information 48 45 SECTION 5.2 5.02. Notices of Material Events 49 46 SECTION 5.3 5.03. Existence; Conduct of Business 50 47 (i) SECTION 5.4 5.04. Payment of Obligations 50 Taxes 47 SECTION 5.5 5.05. Maintenance of Properties; Insurance 50 47 SECTION 5.6 5.06. Books and Records; Inspection Rights 50 47 SECTION 5.7 5.07. Compliance with Laws and Material Contractual Obligations 50 47 SECTION 5.8 5.08. Use of Proceeds 51 47 SECTION 5.09. Guarantee Requirement; Elective Guarantor 47 ARTICLE VI Negative Covenants 52 48 SECTION 6.1 6.01. Priority Indebtedness 48 SECTION 6.02. Liens 52 49 SECTION 6.2 6.03. Fundamental Changes 53 50 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 6.04. Transactions with Affiliates 55 50 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 6.05. Leverage Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 50 ARTICLE VII Events of Default 5850 SECTION 7.01. Events of Default 50 SECTION 7.02. CAM Exchange 52 ARTICLE VIII Guarantee 52 ARTICLE IX The Agents 53 ARTICLE X Miscellaneous 56 SECTION 10.01. Notices 56 SECTION 10.02. Waivers; Amendments 57 SECTION 10.03. Expenses; Indemnity; Damage Waiver 58 SECTION 10.04. Successors and Assigns 58 SECTION 10.05. Survival 61 SECTION 10.06. Counterparts; Integration; Effectiveness 61 SECTION 10.07. Severability 62 SECTION 10.08. Right of Setoff 62 SECTION 10.09. Governing Law; Jurisdiction; Consent to Service of Process 62 SECTION 10.10. WAIVER OF JURY TRIAL 62 SECTION 10.11. Headings 62 SECTION 10.12. Confidentiality 62 SECTION 10.13. Interest Rate Limitation 63 SECTION 10.14. Conversion of Currencies 63 SECTION 10.15. USA Patriot Act 63 SECTION 10.16. Interest Act (Canada) 64 SCHEDULES: Schedule 2.01 Commitments Schedule 2.17 Payment Instructions Schedule 3.06 Disclosed Matters Schedule 3.13 Subsidiary Guarantors Schedule 6.01 Existing Priority Indebtedness Schedule 6.02 Existing Liens EXHIBITS: Exhibit A Form of Borrowing Request Exhibit B-1 Form of Borrowing Subsidiary Agreement Exhibit B-2 Form of Borrowing Subsidiary Termination Exhibit C Form of Assignment and Assumption Exhibit D Mandatory Costs Rate Exhibit E Form of Subsidiary Guarantee Agreement Exhibit F Solvency Certificate Exhibit G Forms of Legal Opinions Exhibit H Form of Resolutions and Secretary’s Certificates Exhibit I Form of Closing Date Certificate CREDIT AGREEMENT dated as of April 3, 2012 among MOLSON COORS BREWING COMPANY, a Delaware corporation; MOLSON COORS BREWING COMPANY (UK) LIMITED, MOLSON CANADA 2005, MOLSON COORS CANADA INC. and MOLSON COORS INTERNATIONAL LP, each a subsidiary of the Company; the LENDERS party hereto; DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent; and DEUTSCHE BANK AG, CANADA BRANCH, as Canadian Administrative Agent. The Borrowers have requested that the Lenders establish the credit facility provided for herein in an aggregate initial principal amount of US$300,000,000. The proceeds of the Loans and B/A Drawings made hereunder will be used (i) on the Closing Date, to finance the Transactions and to pay Transaction Costs and (ii) after the Closing Date, to provide working capital from time to time for the Borrowers and their Subsidiaries and for their other general corporate purposes of the Company and the Subsidiaries. The Lenders are willing to establish such credit facility upon the terms and subject to the conditions set forth herein. Accordingly, the parties hereto agree as follows:

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 2.19. Mitigation Obligations; Replacement of Lenders 38 SECTION 2.20. Increase of Commitments 39 SECTION 2.21. Market Disruption 40 SECTION 2.22. Judgment Currency 40 SECTION 2.23. Designation of Foreign Subsidiary Borrowers 41 SECTION 2.24. Defaulting Lenders 41 SECTION 2.25. Termination of Commitments under Existing Credit Agreement 43 ARTICLE III Representations and Warranties 41 43 SECTION 3.1 Organization; Powers 41 3.01. Existence and Power 43 SECTION 3.2 Authorization; Enforceability 41 3.02. Authority 43 Table of Contents (continued) Page SECTION 3.3 Governmental Approvals; No Conflicts 41 SECTION 3.4 Financial Condition; No Material Adverse Change 42 SECTION 3.5 Properties 42 SECTION 3.6 Litigation and Environmental Matters 42 SECTION 3.7 Compliance with Laws and 3.03. Binding Agreements 43 SECTION 3.8 Investment and 3.04. Litigation 43 SECTION 3.05. No Conflicting Agreements 44 SECTION 3.06. Taxes 44 SECTION 3.07. Governmental Regulations 44 SECTION 3.08. Federal Reserve Regulations; Use of Loan Proceeds 44 SECTION 3.09. Disclosure 44 SECTION 3.10. Plans 45 SECTION 3.11. Environmental Matters 45 SECTION 3.12. Financial Statements 46 SECTION 3.13. Material Subsidiaries; Capital Stock 46 SECTION 3.14. Holding Company Status 43 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 46 ARTICLE IV Conditions 45 46 SECTION 4.1 4.01. Effective Date 45 46 SECTION 4.2 4.02. Each Credit Event 46 47 SECTION 4.03. Designation of a Foreign Subsidiary Borrower 48 ARTICLE V Affirmative Covenants 48 49 SECTION 5.1 5.01. Legal Existence 49 SECTION 5.02. Taxes 49 SECTION 5.03. Insurance 49 SECTION 5.04. Performance of Obligations 49 SECTION 5.05. Condition of Property 49 SECTION 5.06. Observance of Legal Requirements 49 SECTION 5.07. Financial Statements and Other Information 48 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 5.08. Records 51 SECTION 5.5 Maintenance of Properties; Insurance 50 5.09. Authorizations 51 SECTION 5.6 Books and Records; Inspection Rights 50 5.10. Disaster Recovery Program 51 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 5.11. Subsidiary Guaranty 52 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 6.01. Subsidiary Indebtedness 53 SECTION 6.4 6.02. Liens 53 SECTION 6.03. Asset Sales 55 SECTION 6.04. Mergers and Acquisitions 55 SECTION 6.05. Pari Passu Obligations 56 SECTION 6.06. Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 6.07. Restricted Payments 56 SECTION 6.8 Limitation on Sales 6.08. Financial Covenants 56 Table of Assets 56 Contents (continued) Page ARTICLE VII Events of Default 5856 ARTICLE VIII The Administrative Agent 58 ARTICLE IX Miscellaneous 60 SECTION 9.01. Notices 60 SECTION 9.02. Waivers; Amendments 61 SECTION 9.03. Expenses; Indemnity; Damage Waiver 62 SECTION 9.04. Successors and Assigns 63 SECTION 9.05. Survival 66 SECTION 9.06. Counterparts; Integration; Effectiveness 66 SECTION 9.07. Severability 67 SECTION 9.08. Right of Setoff 67 SECTION 9.09. Governing Law; Jurisdiction; Consent to Service of Process 67 SECTION 9.10. WAIVER OF JURY TRIAL 68 SECTION 9.11. Headings 68 SECTION 9.12. Confidentiality 68 SECTION 9.13. USA PATRIOT Act 69 ARTICLE X Company Guarantee 69 Table of Contents (continued) Page SCHEDULES: Schedule 2.01 — Commitments Schedule 2.02 — Mandatory Cost Schedule 2.06 — Existing Letters of Credit Schedule 3.04 — List of Litigation Schedule 3.11 — List of Environmental Matters Schedule 3.13 — List of Material Subsidiaries; Capital Stock Schedule 6.01 — List of Existing Indebtedness EXHIBITS: Exhibit A — Form of Assignment and Assumption Exhibit B-1 — Form of Opinion of Xxxxx & Lardner LLP Exhibit B-2 — Form of Opinion of General Counsel of the Loan Parties Exhibit C — Form of Commitment and Acceptance Exhibit D — Form of Written Money Transfer Instruction Exhibit E — List of Closing Documents Exhibit F-1 — Form of Borrowing Subsidiary Agreement Exhibit F-2 — Form of Borrowing Subsidiary Termination Exhibit G — Form of Subsidiary Guaranty Exhibit H — Form of Compliance Certificate CREDIT AGREEMENT (this “Agreement”) dated as of September 29, 2010 among FISERV, INC., the FOREIGN SUBSIDIARY BORROWERS from time to time party hereto, the LENDERS from time to time party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent, BANK OF AMERICA, N.A., THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. and U.S. BANK NATIONAL ASSOCIATION, as Syndication Agents and RBS CITIZENS, NATIONAL ASSOCIATION, as Documentation Agent. The parties hereto agree as follows:

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 SECTION 2.17 47 Section 2.18. Mitigation Obligations; Replacement of Lenders 39 49 Section 2.19. Successor LIBOR 50 ARTICLE III Representations and Warranties 41 SECTION 3.1 REPRESENTATIONS AND WARRANTIES 51 Section 3.01. Organization; Powers 41 SECTION 3.2 51 Section 3.02A. Authorization; Enforceability 41 SECTION 3.3 51 Section 3.02B. Authorization; Enforceability 51 Section 3.03A. Governmental Approvals; No Conflicts 41 SECTION 3.4 51 Section 3.03B. Governmental Approvals; No Conflicts 52 Section 3.04. Financial Condition; No Material Adverse Change 42 SECTION 3.5 52 Section 3.05. Properties 42 SECTION 3.6 52 Section 3.06. Litigation and Environmental Matters 42 SECTION 3.7 52 Section 3.07. Compliance with Laws and Agreements 43 SECTION 3.8 53 Section 3.08. Federal Reserve Regulations 53 Section 3.09. Investment and Holding Company Status 43 SECTION 3.9 53 Section 3.10. Taxes 43 SECTION 3.10 53 Section 3.11. ERISA 43 SECTION 3.11 53 Section 3.12. Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 53 Section 3.13. Solvency 44 54 Section 3.14. Anti-Corruption Laws and Sanction Laws 54 Section 3.15. Affected Financial Institution 54 Section 3.16. Collateral Matters 54 Section 3.17. Subsidiaries; Loan Parties 55 Section 3.18. Insurance 55 ARTICLE IV Conditions 45 SECTION 4.1 Effective CONDITIONS 56 Section 4.01. Closing Date 45 SECTION 4.2 Each Credit Event 46 56 ARTICLE V Affirmative Covenants 48 SECTION 5.1 AFFIRMATIVE COVENANTS 57 Section 5.01. Financial Statements and Other Information 48 SECTION 5.2 57 Section 5.02. Notices of Material Events 49 SECTION 5.3 58 Section 5.03. Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 59 Section 5.04. Taxes 59 Section 5.05. Business and Properties 59 Section 5.06. Books and Records; Inspection Rights 50 SECTION 5.7 59 Section 5.07. Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 59 Section 5.08. Use of Proceeds 51 60 Section 5.09. Additional Subsidiaries 60 Section 5.10. Covenant to Guarantee the Obligations; Covenant to Give Security 60 Section 5.11. Information Regarding the Collateral 61 Section 5.12. Maintenance of Insurance 61 ARTICLE VI Negative Covenants 52 SECTION 6.1 NEGATIVE COVENANTS 61 Section 6.01. Liens 52 SECTION 6.2 62 Section 6.02. Subsidiary Indebtedness 63 Section 6.03. Sale and Leaseback Transactions 65 Section 6.04A. Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 65 Section 6.04B. Fundamental Changes 66 Section 6.05A. Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 66 Section 6.05B. Restrictive Agreements 67 Section 6.06. Leverage Ratio 67 Section 6.07. Ratio of Consolidated Debt EBITDA to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Interest Expense 68 Section 6.08. Investments 68 Section 6.09A. Share Repurchases 69 Section 6.09B. Restricted Payments 69 Section 6.10. Asset Sales of Assets 56 70 ARTICLE VII Events EVENTS OF DEFAULT 70 ARTICLE VIII THE AGENTS 73 ARTICLE IX [RESERVED] 78 ARTICLE X MISCELLANEOUS 78 Section 10.01. Notices 78 Section 10.02. Waivers; Amendments 79 Section 10.03. Expenses; Indemnity; Damage Waiver 81 Section 10.04. Successors and Assigns 82 Section 10.05. Survival 85 Section 10.06. Counterparts; Integration; Effectiveness 85 Section 10.07. Severability 86 Section 10.08. Right of Default 58Setoff 86 Section 10.09. Governing Law; Jurisdiction; Consent to Service of Process 86 Section 10.10. WAIVER OF JURY TRIAL 87 Section 10.11. Headings 87 Section 10.12. Confidentiality; Non-Public Information 87 Section 10.13. Conversion of Currencies 88 Section 10.14. Interest Rate Limitation 88 Section 10.15. Patriot Act 88 Section 10.16. No Fiduciary Relationship 89 Section 10.17. Electronic Execution 89 Section 10.18. Payments Set Aside 89 Section 10.19. Acknowledgement and Consent to Bail-In of Affected Financial Institutions 90 Section 10.20. Acknowledgement Regarding Any Supported QFCs 90 SCHEDULES: Schedule 2.01 – Commitments Schedule 3.17(a) – Subsidiaries Schedule 3.17(b) – Loan Parties Schedule 3.18 – Insurance Schedule 6.01 – Existing Liens Schedule 6.02 – Existing Subsidiary Indebtedness Schedule 6.03 – Existing Sale and Leaseback Transactions Schedule 6.05 – Restrictive Agreements EXHIBITS: Exhibit A -- Form of Assignment and Assumption Exhibit B -- Form of Interest Election Request Exhibit C -- Form of Note Exhibit D-1 -- Form of US Tax Compliance Certificate (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit D-2 -- Form of US Tax Compliance Certificate (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) Exhibit D-3 -- Form of US Tax Compliance Certificate (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit D-4 -- Form of US Tax Compliance Certificate (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) Exhibit E -- Form of Guarantee Agreement Exhibit F -- Form of Security and Pledge Agreement Exhibit G Form of Secured Party Designation Notice THIS TERM LOAN CREDIT AGREEMENT dated as of August 17, 2018, is by and among CDK GLOBAL, INC., a Delaware corporation, the LENDERS party hereto, and BANK OF AMERICA, N.A., as Administrative Agent. The Borrower has requested that the Lenders extend credit in the form of Loans denominated in US Dollars in an aggregate principal amount of $600,000,000, available to the Borrower on the Closing Date. The proceeds of the Loans are to be used for general corporate purposes. The Lenders are willing to provide the Loans referred to in the preceding paragraph upon the terms and subject to the conditions set forth herein. Accordingly, the parties hereto agree as follows:

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 43 SECTION 2.17 2.13. Mitigation Obligations; Replacement of Lenders 39 45 SECTION 2.14. Defaulting Lenders 46 SECTION 2.15. Absence of Rating 47 ARTICLE III Representations and Warranties 41 47 GUARANTEE 47 SECTION 3.1 3.01. The Guarantee 47 SECTION 3.02. Obligations Unconditional 47 SECTION 3.03. Reinstatement 48 SECTION 3.04. Subrogation 49 SECTION 3.05. Remedies 49 SECTION 3.06. Continuing Guarantee 49 SECTION 3.07. Rights of Contribution 49 SECTION 3.08. General Limitation on Guarantee Obligations 50 ARTICLE IV 50 REPRESENTATIONS AND WARRANTIES 50 SECTION 4.01. Organization; Powers 41 50 SECTION 3.2 4.02. Authorization; Enforceability 41 50 SECTION 3.3 4.03. Governmental Approvals; No Conflicts 41 51 SECTION 3.4 4.04. Financial Condition; No Material Adverse Change 42 51 SECTION 3.5 4.05. Properties 42 51 SECTION 3.6 4.06. Litigation and Environmental Matters 42 52 SECTION 3.7 4.07. Compliance with Laws and Agreements 43 52 SECTION 3.8 4.08. Investment and Holding Company Status 43 52 SECTION 3.9 4.09. Taxes 43 52 SECTION 3.10 4.10. ERISA 43 52 SECTION 3.11 4.11. Disclosure 44 53 SECTION 3.12 Margin Stock 44 4.12. Use of Credit 53 SECTION 3.13 No Burdensome Restrictions 44 4.13. Subsidiaries 53 SECTION 3.14 Subsidiaries 44 4.14. Withholding Taxes 54 SECTION 3.15 Solvency 44 4.15. Stamp Taxes 54 SECTION 4.16. Legal Form 54 ARTICLE IV Conditions 45 V 54 CONDITIONS 54 SECTION 4.1 5.01. Effective Date 45 54 SECTION 4.2 5.02. Each Credit Event 46 55 ARTICLE V Affirmative Covenants 48 VI 56 AFFIRMATIVE COVENANTS 56 SECTION 5.1 6.01. Financial Statements and Other Information 48 56 SECTION 5.2 6.02. Notices of Material Events 49 59 SECTION 5.3 Existence; Conduct 6.03. Preservation of Business 50 Existence and Franchises 59 SECTION 5.4 Payment of Obligations 50 6.04. Insurance 60 SECTION 5.5 6.05. Maintenance of Properties; Insurance 50 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 ARTICLE VII Events of Default 58Properties 60

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 64 SECTION 2.17 2.21. Mitigation Obligations; Replacement of Lenders 39 66 SECTION 2.22. Borrowing Subsidiaries 67 SECTION 2.23. Additional Reserve Costs 67 SECTION 2.24. Redenomination of Certain Designated Foreign Currencies 68 Page ARTICLE III Representations and Warranties 41 SECTION 3.1 Organization; Powers 41 3.01. Organization and Qualification 69 SECTION 3.2 Authorization; Enforceability 41 3.02. Subsidiaries 69 SECTION 3.3 Governmental Approvals; No Conflicts 41 3.03. Corporate Authority and Validity of Obligations 69 SECTION 3.4 3.04. Margin Stock 70 SECTION 3.05. Financial Condition; Reports 70 SECTION 3.06. No Material Adverse Change 42 70 SECTION 3.5 Properties 42 3.07. Litigation 70 SECTION 3.6 Litigation and 3.08. Tax Returns 70 SECTION 3.09. Approvals 71 SECTION 3.10. ERISA 71 SECTION 3.11. Environmental Matters 42 71 SECTION 3.7 3.12. Properties 71 SECTION 3.13. Compliance with Laws and Agreements 43 72 SECTION 3.8 3.14. Investment and Holding Company Status 43 72 SECTION 3.9 Taxes 43 SECTION 3.10 ERISA 43 SECTION 3.11 3.15. Disclosure 44 SECTION 3.12 Margin Stock 44 SECTION 3.13 No Burdensome Restrictions 44 SECTION 3.14 Subsidiaries 44 SECTION 3.15 Solvency 44 72 ARTICLE IV Conditions 45 SECTION 4.1 4.01. Effective Date 45 72 SECTION 4.2 4.02. Each Credit Event 46 Borrowing 73 SECTION 4.03. Initial Borrowing by each Borrowing Subsidiary 74 ARTICLE V Affirmative Covenants 48 SECTION 5.1 5.01. Corporate Existence 74 SECTION 5.02. Maintenance 75 SECTION 5.03. Taxes 75 SECTION 5.04. Insurance 75 SECTION 5.05. Financial Statements Reports and Other Information 48 75 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 50 SECTION 5.4 Payment of Obligations 50 SECTION 5.5 Maintenance of Properties; Insurance 50 SECTION 5.6 5.06. Books and Records; Inspection Rights 50 77 SECTION 5.7 5.07. Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 77 ARTICLE VI Negative Covenants 52 SECTION 6.1 6.01. Indebtedness 77 SECTION 6.02. Liens 52 78 SECTION 6.2 6.03. Sale and Leaseback Transactions 79 Page SECTION 6.04. Fundamental Changes 53 79 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions; Hedging Agreements 53 6.05. Use of Proceeds 80 SECTION 6.4 Transactions with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges 6.06. Interest Expense Coverage 56 SECTION 6.7 Ratio of Consolidated Debt to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales of Assets 56 80 ARTICLE VII Events of Default 58ARTICLE VIII The Agents

Payments Generally; Pro Rata Treatment. Sharing of Set-offs 37 28 SECTION 2.17 2.21. Mitigation Obligations; Replacement of Lenders 39 29 SECTION 2.22. Defaulting Lenders 30 ARTICLE III Representations and Warranties 41 32 Reserved 32 ARTICLE IV 32 REPRESENTATIONS AND WARRANTIES 32 SECTION 3.1 4.01. Organization; Powers 41 32 SECTION 3.2 4.02. Authorization; Enforceability 41 32 SECTION 3.3 4.03. Governmental Approvals; No Conflicts 41 32 SECTION 3.4 4.04. Financial Condition; No Material Adverse Change 42 32 SECTION 3.5 4.05. Properties 42 33 SECTION 3.6 4.06. Litigation and Environmental Matters 42 33 SECTION 3.7 4.07. Compliance with Laws and Agreements 43 33 SECTION 3.8 4.08. Investment and Holding Company Status 43 34 SECTION 3.9 4.09. Taxes 43 34 SECTION 3.10 4.10. ERISA 43 34 SECTION 3.11 4.11. Disclosure 44 34 SECTION 3.12 Margin Stock 44 4.12. Use of Credit 34 SECTION 3.13 No Burdensome Restrictions 44 4.14. Withholding Taxes 35 SECTION 3.14 Subsidiaries 44 4.15. Stamp Taxes 35 SECTION 3.15 Solvency 44 4.16. Legal Form 35 ARTICLE IV Conditions 45 V 35 CONDITIONS 35 SECTION 4.1 5.01. Effective Date 45 35 SECTION 4.2 5.02. Each Credit Event 36 ARTICLE VI 37 COVENANTS 37 SECTION 6.01 Reporting 37 SECTION 6.02 Reserved 38 SECTION 6.03 Corporate Existence 38 SECTION 6.04 Maintenance of Properties 38 SECTION 6.05 Statement by the Company as to Default 39 SECTION 6.06 Limitation on Liens on Stock of Designated Subsidiaries 39 SECTION 6.07 Waiver of Certain Covenants 39 ARTICLE VII 40 RESERVED 40 ARTICLE VIII 40 EVENTS OF DEFAULT 40 ARTICLE IX 42 THE ADMINISTRATIVE AGENT 42 ARTICLE X 44 MISCELLANEOUS 44 SECTION 10.01. Notices 44 SECTION 10.02. Waivers; Amendments 45 SECTION 10.03. Expenses; Indemnity; Damage Waiver 46 ARTICLE V Affirmative Covenants 48 SECTION 5.1 Financial Statements 10.04. Successors and Other Information 48 Assigns 47 SECTION 5.2 Notices of Material Events 49 SECTION 5.3 Existence; Conduct of Business 10.05. Survival 50 SECTION 5.4 Payment 10.06. Counterparts; Integration; Effectiveness 51 SECTION 10.07. Severability 51 SECTION 10.08. Right of Obligations 50 Setoff 51 SECTION 5.5 Maintenance of Properties10.09. Governing Law; Insurance 50 Jurisdiction; Etc 51 SECTION 5.6 Books and Records; Inspection Rights 50 SECTION 5.7 Compliance with Laws and Material Contractual Obligations 50 SECTION 5.8 Use of Proceeds 51 ARTICLE VI Negative Covenants 10.10. WAIVER OF JURY TRIAL 52 SECTION 6.1 Liens 52 SECTION 6.2 Fundamental Changes 10.11. Headings 53 SECTION 6.3 Investments, Loans, Advances, Guarantees and Acquisitions10.12. Treatment of Certain Information; Hedging Agreements Confidentiality 53 SECTION 6.4 Transactions 10.13. Judgment Currency 54 SECTION 10.14. USA PATRIOT Act 54 SECTION 10.15. NO FIDUCIARY DUTY 54 SECTION 10.16. ILLEGALITY 55 SCHEDULE I - Commitments SCHEDULE II - Litigation SCHEDULE III - Environmental Matters EXHIBIT A - Form of Assignment and Assumption EXHIBIT B - Form of Borrowing Request EXHIBIT C - Form of Interest Election Request EXHIBIT D - Form of Letter of Credit CREDIT AGREEMENT dated as of August 6, 2013 (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), among XLIT LTD., an exempted company incorporated in the Cayman Islands with Affiliates 55 SECTION 6.5 Restrictive Agreements 55 SECTION 6.6 Fixed Charges Coverage 56 SECTION 6.7 Ratio limited liability (the “Company”), the LENDERS party hereto, and CITICORP USA, INC., as Administrative Agent and Issuing Lender. The Company has requested that the Issuing Lender issue letters of Consolidated Debt credit for its account and that the Lenders make loans to Consolidated Total Capitalization 56 SECTION 6.8 Limitation on Sales it in an aggregate face or principal amount not exceeding the aggregate amount of Assets 56 ARTICLE VII Events Commitments at any one time outstanding, and the Issuing Lender and Lenders are prepared to issue such letters of Default 58credit and make such loans upon the terms and conditions hereof. Accordingly, the parties hereto agree as follows: