0000950157-15-000737 Sample Contracts

FIVE YEAR CREDIT AGREEMENT
Assignment and Assumption • July 1st, 2015 • Graham Holdings Co • Services-educational services • New York

Graham Holdings Company, a Delaware corporation (the “Borrower”), the Guarantors listed on the signature pages hereof, the banks, financial institutions and other institutional lenders (the “Initial Lenders”) listed on the signature pages hereof, and Wells Fargo Bank, National Association (“Wells Fargo Bank”), as administrative agent (the “Administrative Agent”) for the Lenders (as hereinafter defined), agree as follows:

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