SIRIUS XM HOLDINGS INC.
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>c107879_ex10-1.htm
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">Exhibit 10.1</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Execution Version</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><U>AMENDMENT NO. 9 TO CREDIT AGREEMENT AND
INCREMENTAL TERM FACILITY ACTIVATION NOTICE</U></B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">AMENDMENT NO. 9 TO CREDIT AGREEMENT AND INCREMENTAL
TERM FACILITY ACTIVATION NOTICE, dated as of January 26, 2024 (this &ldquo;<U>Amendment</U>&rdquo;) to the Credit Agreement, dated
as of December 5, 2012, as amended by Amendment No. 1, dated as of April 22, 2014, Amendment No. 2, dated as of June 16, 2015,
Amendment No. 3, dated as of June 29, 2018, Amendment No. 4, dated as of August 16, 2018, Amendment No. 5, dated as of August 31,
2021, Incremental Term Facility Activation Notice (Amendment No. 6), dated as of April 11, 2022, Amendment No. 7, dated as of March
29, 2023 and Amendment No. 8, dated as of December 29, 2023 (as so amended, the &ldquo;<U>Credit Agreement</U>&rdquo;), among SIRIUS
XM RADIO INC., a Delaware corporation (the &ldquo;<U>Borrower</U>&rdquo;), the Lenders party thereto and JPMORGAN CHASE BANK, N.A.
as administrative agent for the Lenders (in such capacity, the &ldquo;<U>Administrative Agent</U>&rdquo;), as collateral agent
for the Secured Parties and as an Issuing Bank. Capitalized terms used but not defined herein shall have the meanings given them
in the Credit Agreement or the Amended Credit Agreement, as applicable.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">WITNESSETH</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><B>WHEREAS</B>, the Borrower has requested the
amendment to the Credit Agreement set forth herein;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><B>WHEREAS,</B> on the date hereof, the Borrower,
each other Loan Party, the Administrative Agent and (x) each Lender party to the Credit Agreement prior to giving effect to this
Amendment that is a signatory hereto (each, an &ldquo;<U>Existing Lender</U>&rdquo;) and (y) each 2024 Incremental Delayed Draw
Term Lender, desire to amend certain provisions of the Credit Agreement as set forth in Section 1 hereto; <U>provided</U> that
the Existing Lenders consent hereto solely for the purposes of the amendment to Section 2.02(b) of the Credit Agreement.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><B>NOW</B>,<B> THEREFORE</B>, the parties hereto,
in consideration of the mutual covenants and agreements herein contained and intending to be legally bound hereby, covenant and
agree as set forth below.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">This Amendment is an Incremental Term Facility
Activation Notice referred to in the Credit Agreement, and the Borrower, the 2024 Incremental Delayed Draw Term Lenders (as defined
below) party hereto, hereby notify you that:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 36pt">A.</TD><TD>Subject to the terms and conditions of this Amendment and the
Amended Credit Agreement (as defined below), each Lender listed on <U>Schedule A</U> hereto (each such Lender, a &ldquo;<U>2024
Incremental Delayed Draw Term Lender</U>&rdquo;, and collectively, the &ldquo;<U>2024 Incremental Delayed Draw Term Lenders</U>&rdquo;)
agrees, on the Amendment No. 9 Effective Date (as defined below), to establish commitments to make an Incremental Term Loan in
the amount set forth opposite such Lender&rsquo;s name below under the caption &ldquo;2024 Incremental Delayed Draw Term Commitments&rdquo;</TD></TR></TABLE>
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<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>(such Incremental Term Loan, the &ldquo;<U>2024
Incremental Delayed Draw Term Loan</U>&rdquo;).</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 36pt">B.</TD><TD>The Incremental Term Facility Closing Date for the 2024 Incremental Delayed Draw Term Loans is January 26, 2024.</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 36pt">C.</TD><TD>The Incremental Term Maturity Date for the 2024 Incremental Delayed Draw Term Loans shall be the &ldquo;2024 Incremental Delayed
Draw Maturity Date&rdquo; as set forth in the Amended Credit Agreement.</TD></TR>                                                                                 <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">1.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Amendments</U>. Each Existing Lender party hereto, each 2024 Incremental Delayed Draw Term Lender, the Administrative
Agent, the Borrower and each other Loan Party hereby agree that (a) the Applicable Rate for the 2024 Incremental Delayed Draw Term
Loans and (b) any additional terms applicable to the 2024 Incremental Delayed Draw Term Loans are as set forth in the Credit Agreement
which, effective as of the Amendment No. 9 Effective Date, is hereby amended pursuant to Section 9.02 of the Credit Agreement as
follows (<U>provided</U> that the Existing Lenders consent hereto solely for the purposes of the amendment to Section 2.02(b) of
the Credit Agreement):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT>the Credit Agreement (other than the Exhibits and Schedules (other than as set forth in <U>clause (b)</U> below) thereto)
is hereby amended effective as of the Amendment No. 9 Effective Date, to delete the stricken text (indicated textually in the same
manner as the following example: <FONT STYLE="color: red"><STRIKE>stricken text</STRIKE></FONT>) and to add the double-underlined
text (indicated textually in the same manner as the following example: <FONT STYLE="text-decoration: underline double; color: blue">double-underlined
text</FONT>) as set forth in the Credit Agreement attached as <U>Exhibit A</U> hereto (the &ldquo;<U>Amended Credit Agreement</U>&rdquo;);</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT>the &ldquo;2024 Incremental Delayed Draw Term Commitments&rdquo; set forth on <U>Schedule&nbsp;A</U> of this Amendment are
hereby added to Schedule&nbsp;1.01A of the Credit Agreement;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT>the Guarantee Agreement is hereby amended to replace (i) the reference to &ldquo;Section 9.15(d) of the Credit Agreement&rdquo;
in the definition of &ldquo;Termination Date&rdquo; with a reference to &ldquo;Section 9.16(d) of the Credit Agreement&rdquo;,
(ii) the reference to &ldquo;Section 6.01&rdquo; in Section 4.11(b) thereof with a reference to &ldquo;Section 9.01 of the Credit
Agreement&rdquo;, (iii) the reference to &ldquo;Section 9.15 of the Credit Agreement&rdquo; in Section 4.14(a) thereof with a reference
to &ldquo;Section 9.16 of the Credit Agreement&rdquo; and (iv) the reference to &ldquo;Section 9.15 of the Credit Agreement&rdquo;
in Section 4.14(b) thereof with a reference to &ldquo;Section 9.16 of the Credit Agreement&rdquo;; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT>the Security Agreement is hereby amended to replace (i) the reference to &ldquo;Section 9.15(d) of the Credit Agreement&rdquo;
in the definition of &ldquo;Termination Date&rdquo; with a reference to &ldquo;Section 9.16(d) of the Credit Agreement&rdquo;,
(ii) the reference to &ldquo;Section 2.06&rdquo; in Section 2.01(iii) thereof with a reference to &ldquo;Section 2.05&rdquo;, (iii)
the reference to &ldquo;Section 2.06&rdquo; in Section 2.01(iv) thereof with a reference to &ldquo;Section 2.05&rdquo;, (iv) the
reference to &ldquo;Section 9.15(a) of the Credit Agreement&rdquo; in Section 6.11(b) thereof with a </P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt">reference to &ldquo;Section
9.16(a) of the Credit Agreement&rdquo;, (v) the reference to &ldquo;Section 9.15 of the Credit Agreement&rdquo; in Section 6.11(c)
thereof with a reference to &ldquo;Section 9.16 of the Credit Agreement&rdquo; and (vi) the references to &ldquo;Section 6.13&rdquo;
in Section 4 of each of Exhibits II, III and IV thereto with a reference to &ldquo;Section 6.11&rdquo;; and</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT>the Pledge Agreement is hereby amended to replace (i) the reference to &ldquo;Section 9.15(d) of the Credit Agreement&rdquo;
in the definition of &ldquo;Termination Date&rdquo; with a reference to &ldquo;Section 9.16(d) of the Credit Agreement&rdquo;,
(ii) the reference to &ldquo;Section 9.15(a) of the Credit Agreement&rdquo; in Section 7.11(b) thereof with a reference to &ldquo;Section
9.16(a) of the Credit Agreement&rdquo; and (iii) the reference to &ldquo;Section 9.14(a) of the Credit Agreement&rdquo; in Section
7.11(b) thereof with a reference to &ldquo;Section 9.16(a) of the Credit Agreement&rdquo;.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">2.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Limited Condition Transaction</U>. The Borrower hereby designates the Merger and Splitoff as a Limited Condition Transaction
pursuant to Section 1.06 of the Credit Agreement and makes an LCT Election with respect thereto. The Borrower and represents and
warrants that as of the date of the Merger Agreement and the Reorganization Agreement (such date being December 11, 2023), (x)
no Default or Event of Default had occurred and was continuing and (y) the 2024 Incremental Delayed Draw Term Loans would be permitted
pursuant to Section 2.02(b)(i) of the Credit Agreement on such date after giving pro forma effect to such incurrence and the Merger
and Splitoff.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">3.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Representations and Warranties</U>. The Borrower hereby represents and warrants that as of the Amendment No. 9 Effective
Date (as defined below), immediately before and after giving effect to this Amendment, the representations and warranties of any
Credit Party set forth in the Credit Documents to which it is a party are true and correct in all material respects (except to
the extent that any such representation and warranty is qualified by materiality or Material Adverse Effect, in which case such
representation and warranty is true and correct in all respects) on and as of the Amendment No. 9 Effective Date, except to the
extent that any such representation and warranty relates to an earlier date (in which case such representation and warranty is
true and correct in all material respects (except to the extent that any such representation and warranty is qualified by materiality
or Material Adverse Effect, in which case such representation and warranty is true and correct in all respects) as of such earlier
date).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">4.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Conditions Precedent</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Conditions to the Amendment No. 9 Effective Date</U>. This Amendment will be effective upon completion of each of the
following conditions (the date of such completion, the &ldquo;<U>Amendment No. 9 Effective Date</U>&rdquo;) to the satisfaction
of the Administrative Agent:</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(i)</TD><TD><U>Execution and Delivery of Amendment</U>. (i)&nbsp;The Administrative Agent shall have received from the Borrower, each other
Loan Party, each 2024 Incremental Delayed Draw Term Lender and Existing Lenders constituting the Required Lenders, either (x) a
counterpart of this </TD></TR></TABLE>
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<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Amendment signed on behalf of such party or (y) written evidence satisfactory to the Administrative Agent (which
may include telecopy, facsimile or other electronic transmission of a signed signature page of this Amendment) that such party
has signed a counterpart of this Amendment, and (ii)&nbsp;the Administrative Agent shall have acknowledged this Amendment in writing,
whether by executing an acknowledgement counterpart to this Amendment or otherwise;</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(ii)</TD><TD><U>Opinion</U>. The Administrative Agent shall have received, on behalf of itself and the 2024 Incremental Delayed Draw Term
Lenders, (i) an opinion of Simpson Thacher &amp; Bartlett LLP, counsel for the Borrower and (ii) Wilkinson Barker Knauer, LLP,
regulatory counsel for the Loan Parties, each dated the Amendment No. 9 Effective Date and addressed to the Administrative Agent
and the Lenders, each in form and substance substantially consistent with the opinions of such counsel previously delivered to
the Administrative Agent;</TD></TR>                                   <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

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<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(iii)</TD><TD><U>Officer&rsquo;s Certificate</U>. The Borrower shall have delivered to the Administrative Agent an Officer&rsquo;s Certificate
certifying that as of the Amendment No. 9 Effective Date, immediately before and after giving effect to this Amendment, the representations
and warranties of each Credit Party set forth in the Credit Documents to which it is a party are true and correct in all material
respects (except to the extent that any such representation and warranty is qualified by materiality or Material Adverse Effect,
in which case such representation and warranty is true and correct in all respects) on and as of the Amendment No. 9 Effective
Date, except to the extent that any such representation and warranty relates to an earlier date (in which case such representation
and warranty is true and correct in all material respects (except to the extent that any such representation and warranty is qualified
by materiality or Material Adverse Effect, in which case such representation and warranty is true and correct in all respects)
as of such earlier date);</TD></TR>                                   <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

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<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(iv)</TD><TD><U>Fees and Expenses</U>. (i) Any fees required to be paid to the 2024 Incremental Delayed Draw Lead Arrangers or any Lender
pursuant to any fee or engagement letter in connection with this Amendment due and payable on or before the Amendment No. 9 Effective
Date by the Borrower to the 2024 Incremental Delayed Draw Lead Arrangers or any Lender shall have been paid and (ii) to the extent
a written invoice therefor is submitted at least one Business Day prior to the Amendment No. 9 Effective Date, all reasonable,
documented, out-of-pocket expenses (including the reasonable fees, charges and disbursements of counsel) due and payable on or
before the Amendment No. 9 Effective Date by the Borrower to the 2024 </TD></TR></TABLE>
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<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Incremental Delayed Draw Lead Arrangers (or their Affiliates)
and the Administrative Agent in connection with this Amendment shall have been paid.</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(v)</TD><TD><U>Upfront Fee Letter</U>. The Administrative Agent shall have received the Upfront Fee Letter, dated as of the date hereof,
duly executed and delivered by each of the Borrower and the Administrative Agent.</TD></TR>                                                                                           <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

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<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(vi)</TD><TD><U>Secretary&rsquo;s Certificate</U>. The Administrative Agent shall have received (i) a copy of the certificate or articles
of incorporation or organization, including all amendments thereto, of each Loan Party, certified, if applicable, as of a recent
date by the applicable Governmental Authority, and a certificate as to the good standing (where relevant) of each Loan Party as
of a recent date, from such Secretary of State or similar Governmental Authority (or a certification from each Loan Party that
there have been no changes to the certificate or articles of incorporation or organization, including all amendments thereto, that
were delivered to the Administrative Agent in connection with the Credit Agreement) and (ii) a certificate of a responsible officer
of each Loan Party dated the Amendment No. 9 Effective Date and certifying (A) that attached thereto is a true and complete copy
of the by-laws or operating (or limited liability company) agreement of such Loan Party as in effect on the Amendment No. 9 Effective
Date (or a certification from each Loan Party that there have been no changes to the by-laws or operating (or limited liability
company) agreement, including all amendments thereto, that were delivered to the Administrative Agent in connection with the Credit
Agreement) and (B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors (or
equivalent governing body) of such Loan Party authorizing the execution, delivery and performance of this Amendment and the transactions
contemplated hereby and that such resolutions have not been modified, rescinded or amended and are in full force and effect;</TD></TR>                                                                                                                                      <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

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<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(vii)</TD><TD><U>Lien Searches</U>. The Administrative Agent shall have received the results of a recent Lien search with respect to each
Loan Party, and such search shall reveal no Liens on any of the assets of the Loan Parties except for Liens permitted by Section
6.02 of the Credit Agreement or discharged on or prior to the Amendment No. 9 Effective Date; and</TD></TR>                                                                                                           <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

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<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(viii)</TD><TD><U>PATRIOT ACT</U>. Each Loan Party shall have provided the documentation and other information that shall have been requested
by the 2024 Incremental Delayed Draw Term Lenders in writing at least 10 days prior to the Amendment No. 9 Effective Date and that
any </TD></TR></TABLE>
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<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">&nbsp;</TD><TD>2024 Incremental Delayed Draw Term Lender reasonably determines
is required by U.S. regulatory authorities under applicable &ldquo;know your customer&rdquo; and anti-money-laundering rules and
regulations, including without limitation, the USA PATRIOT Act.</TD></TR>                                                                         <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b)<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Conditions to the 2024 Incremental Delayed Draw Initial Funding Date</U>. The obligation of each 2024 Incremental Delayed
Draw Term Lender to make 2024 Incremental Delayed Draw Term Loans is subject to the satisfaction of the following conditions (the
date on which such conditions have been satisfied and the initial funding of the 2024 Incremental Delayed Draw Term Loans occurs,
the &ldquo;<U>2024 Incremental Delayed Draw Initial Funding Date</U>&rdquo;):</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(i)</TD><TD><U>Consummation of the Splitoff and the Merger</U>. Either (x) the Splitoff and the Merger shall have been consummated in all
material respects in accordance with the Reorganization Agreement and the Merger Agreement substantially simultaneously with the
initial funding of the 2024 Incremental Delayed Draw Term Loans or (y) the 2024 Incremental Delayed Draw Term Lenders shall have
received a certificate executed by the Borrower certifying that (A) the conditions set forth in clauses (a), (c), (d) and (e) of
Section 7.1 of the Merger Agreement have been satisfied as of the 2024 Incremental Delayed Draw Initial Funding Date and clause
(d) of Section 7.3 of the Merger Agreement would be satisfied if the Splitoff and the Merger were to occur on the 2024 Incremental
Delayed Draw Initial Funding Date and (B) the Borrower has no reason to believe that all the conditions to the Splitoff and the
Merger in the Reorganization Agreement and the Merger Agreement will not be satisfied, and that the Splitoff and the Merger will
not be consummated in accordance therewith, prior to the earlier of (1) the Walk-Away Date (as defined in the Merger Agreement)
and (2) solely to the extent the 2024 Incremental Delayed Draw Initial Funding Date does not occur substantially simultaneously
with the consummation of the Merger and the Splitoff, the date that is fifteen (15) business days after the 2024 Incremental Delayed
Draw Initial Funding Date (such earlier date the &ldquo;<U>Required Consummation Date</U>&rdquo;).</TD></TR>                                                                                                            <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(ii)</TD><TD><U>No Amendment to the Reorganization Agreement or the Merger
Agreement</U>. No provision of the Reorganization Agreement or the Merger Agreement shall have been modified, amended, supplemented,
consented to or waived prior to the 2024 Incremental Delayed Draw Initial Funding Date in a manner that is materially adverse
to the 2024 Incremental Delayed Draw Term Lenders or the 2024 Incremental Delayed Draw Lead Arrangers, unless consented to in
writing by the 2024 Incremental Delayed Draw Term Lenders (such consent not to be unreasonably withheld or delayed); <I>provided
</I>that the 2024 Incremental</TD></TR></TABLE>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">                                                                                                                                                                                                                                                                                                                                                                                                                  <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Delayed Draw Term Lenders and the
2024 Incremental Delayed Draw Lead Arrangers shall be deemed to have consented to such modifications, amendments, supplements,
consents or waivers unless they shall object thereto within three business days after receipt of written notice of such modifications,
amendments, supplements, consents or waivers; <I>provided further</I> that any modification, amendment, supplement, consent or
waiver that results in a reduction in the Merger Consideration (as defined in the Merger Agreement) shall not be deemed to be materially
adverse to the 2024 Incremental Delayed Draw Term Lenders or the 2024 Incremental Delayed Draw Lead Arrangers.</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(iii)</TD><TD><U>Solvency Certificate</U>. The Administrative Agent shall have received a solvency certificate substantially in the form
of Exhibit J to the Credit Agreement (which shall contemplate all anticipated drawings of the 2024 Incremental Delayed Draw Term
Loans and the consummation of the Splitoff and the Merger), dated the 2024 Incremental Delayed Draw Initial Funding Date and signed
by a Financial Officer of the Borrower.</TD></TR>                                                 <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(iv)</TD><TD><U>Fees and Expenses</U>. The Administrative Agent shall have received all fees and other amounts due and payable on or prior
to the 2024 Incremental Delayed Draw Initial Funding Date, including, to the extent invoiced at least one Business Day prior to
the 2024 Incremental Delayed Draw Initial Funding Date, reimbursement or payment of all reasonable and out-of-pocket expenses required
to be reimbursed or paid by the Borrower hereunder.</TD></TR>                                                             <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(v)</TD><TD><U>Liberty Media and SplitCo Representations</U>. Such of the representations made by or with respect to Liberty Media, SplitCo
and their respective Subsidiaries (as defined in the Merger Agreement as of the date thereof) in the Merger Agreement as are material
to the interests of the 2024 Incremental Delayed Draw Term Lenders, but only to the extent that Parent (or its applicable affiliates)
has the right (taking into account any applicable cure provisions) to terminate its (and/or its affiliate&rsquo;s) obligations
under the Merger Agreement or the right to decline to consummate the Merger (in accordance with the terms thereof) as a result
of a breach of such representations and warranties in the Merger Agreement shall be true and correct in all material respects.</TD></TR>                                                                                                                                        <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(vi)</TD><TD><U>Specified Representations</U>. The Specified Representations shall be true and correct in all material respects (or in all
respects, if separately qualified by materiality) except to the extent relating to an earlier date, in which case, such specified
representations shall have been true and </TD></TR></TABLE>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">                                                                                                                                                                                                                                                                                                                                                                                                                  <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>correct in all material respects (or in all respects, if separately qualified by materiality)
on such earlier date.</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(vii)</TD><TD><U>Borrowing Notice</U>. The Administrative Agent shall have received a borrowing notice in accordance with Section 2.03 of
the Credit Agreement.</TD></TR>                               <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 90pt"></TD><TD STYLE="width: 36pt">(viii)</TD><TD><U>Officer&rsquo;s Certificate</U>. The Administrative Agent shall have received a certificate, dated the 2024 Incremental
Delayed Draw Initial Funding Date and signed by a Financial Officer of the Borrower, confirming that the condition set forth in
clause (vi) above shall have been satisfied.</TD></TR>                                                      <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">5.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Reference to and Effect on Credit Agreement and Credit Documents</U>.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a)&#9;On and after the Amendment No. 9 Effective
Date, each reference in the Credit Agreement to &ldquo;this Agreement,&rdquo; &ldquo;hereunder,&rdquo; &ldquo;hereof&rdquo; or
words of like import referring to the Credit Agreement will mean and be a reference to the Credit Agreement, as amended by this
Amendment (i.e., the Amended Credit Agreement).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b)&#9;The Credit Agreement and each of the other
Credit Documents, as specifically amended by this Amendment are and will continue to be in full force and effect and are hereby
in all respects ratified and confirmed by each Loan Party and each Loan Party reaffirms its obligations under the Credit Documents
to which it is party and the grant of its Liens on the Collateral made by it pursuant to the Collateral Documents. Without limiting
the generality of the foregoing, the Collateral Documents and all of the Collateral described therein do and will continue to secure
the payment of all Obligations of the Loan Parties under the Credit Documents, in each case, as amended by this Amendment (i.e.,
the Amended Credit Agreement), including all Obligations related to the 2024 Incremental Delayed Draw Term Loans.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c)&#9;The execution, delivery and effectiveness
of this Amendment will not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender
or the Administrative Agent under any of the Credit Documents, nor constitute a waiver of any provision of any of the Credit Documents
or serve to effect a novation of the Obligations. On and after the Amendment No. 9 Effective Date, this Amendment will for all
purposes constitute a Credit Document.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">6.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Counterparts</U>. This Amendment may be executed by different parties hereto in any number of separate counterparts,
each of which, when so executed and delivered shall be an original and all such counterparts shall together constitute one and
the same instrument. Delivery of an executed signature page of this Amendment by facsimile or other electronic transmission (including
by portable document format (&ldquo;.pdf&rdquo;) or similar format) shall be effective as delivery of a manually executed counterpart
hereof. The words &ldquo;execution,&rdquo; &ldquo;signed,&rdquo; &ldquo;signature,&rdquo; &ldquo;delivery,&rdquo; and words of
like import in or relating to this Amendment shall be deemed to include Electronic Signatures (as defined below), deliveries or
the keeping of records in electronic form, each of which shall be of the same legal effect, validity or </P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">enforceability as a manually
executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be. &ldquo;<U>Electronic
Signature</U>&rdquo; means any electronic symbol or process attached to, or associated with, any contract or other record and adopted
by a person with the intent to sign, authenticate or accept such contract or record.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">7.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Severability</U>. If any term of this Amendment or any application thereof is held to be invalid, illegal or unenforceable,
the validity of other terms of this Amendment or any other application of such term will in no way be affected thereby.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">8.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Entire Agreement</U>. This Amendment sets forth the entire agreement and understanding of the parties with respect to
the amendment to the Credit Agreement contemplated hereby and supersedes all prior understandings and agreements, whether written
or oral, between the parties hereto relating to such amendment. No representation, promise, inducement or statement of intention
has been made by any party that is not embodied in this Amendment, and no party will be bound by or liable for any alleged representation,
promise, inducement or statement of intention not set forth herein.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">9.<FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;
</FONT><U>Governing Law; Jurisdiction; Consent to Service of Process; Waiver of Jury Trial</U>. This Amendment shall be construed
in accordance with and governed by the law of the State of New York, and the other provisions of Sections 9.10 and 9.11 of the
Credit Agreement are incorporated herein and apply to this Amendment <I>mutatis mutandis</I> (except that any references to &ldquo;Agreement&rdquo;
shall mean this Amendment).</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">[SIGNATURES APPEAR ON FOLLOWING PAGES]</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">IN WITNESS WHEREOF, the undersigned have executed
this Amendment as of the date first written above.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: 12pt Times New Roman, Times, Serif"><B>SIRIUS XM RADIO INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; width: 2%">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; width: 45%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Patrick Donnelly</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD STYLE="padding-left: 5pt">Patrick Donnelly</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">Title:</TD>
    <TD STYLE="padding-left: 5pt">Executive Vice President, General <BR>
Counsel and Secretary </TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>SATELLITE CD RADIO LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>SIRIUS XM CONNECTED VEHICLE</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>SERVICES HOLDINGS INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>SIRIUS XM CONNECTED VEHICLE </B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>SERVICES INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>XM 1500 ECKINGTON LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>XM EMALL INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>XM INVESTMENT LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>XM RADIO LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>STITCHER MEDIA LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>AUTOMATIC LABS LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>PANDORA MEDIA, LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>PANDORA MEDIA CALIFORNIA, LLC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>ADSWIZZ INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>AUDIO VENTURES INC</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 52%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Patrick Donnelly</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name:</TD>
    <TD STYLE="padding-left: 5pt">Patrick Donnelly</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD STYLE="padding-left: 5pt">Secretary </TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>JPMORGAN CHASE BANK, N.A.,</B><BR> as Administrative Agent, Existing Lender and 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 12pt; width: 49%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Peter Thauer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Peter Thauer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Managing Director</TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BANK OF AMERICA, N.A.</B>,<BR>
as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">By:&nbsp;</TD>
    <TD STYLE="width: 49%; font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Christina M. Terry</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Christina M. Terry</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Vice President </TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BANK OF AMERICA, N.A.,</B><BR>
as a 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">By:&nbsp;</TD>
    <TD STYLE="width: 49%; font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Christina M. Terry</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Christina M. Terry</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Vice President </TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>MORGAN STANLEY SENIOR FUNDING, INC.</B>,<BR>
as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">By:&nbsp;</TD>
    <TD STYLE="width: 49%; font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Mara MacDonald</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Mara MacDonald</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Executive Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>MORGAN STANLEY BANK, N.A.</B>, as a <BR>
2024 Incremental
Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">By:&nbsp;</TD>
    <TD STYLE="width: 49%; font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Michael King</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Michael King</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Authorized Signatory</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>MUFG BANK, LTD.</B>,<BR>
as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">By:&nbsp;</TD>
    <TD STYLE="width: 49%; font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Colin Donnarumma</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Colin Donnarumma</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Vice President</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">MUFG BANK, LTD.<BR>
As a 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 12pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">By:&nbsp;</TD>
    <TD STYLE="width: 49%; font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Colin Donnarumma</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Colin Donnarumma</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Vice President</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BNP PARIBAS,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Barbara Nash</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Barbara Nash</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: &nbsp;Managing Director</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Jonathan Lasner</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Jonathan Lasner</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Director</TD></TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BNP Paribas,</B></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">a 2024 Incremental Delayed Draw Term Lender</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Barbara Nash</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Barbara Nash</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Managing Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Jonathan Lasner</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Jonathan Lasner</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>CREDIT AGRICOLE CORPORATE <BR>
AND INVESTMENT BANK</B>,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender and a 2024 <BR>
Incremental Delayed Draw Term Lender,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Jill Wong</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Jill Wong</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Director</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Gordon Yip</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Gordon Yip</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:&nbsp;Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>MIZUHO BANK, LTD.,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Tracy Rahn</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Tracy Rahn</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: &nbsp;Executive Director</TD>
    </TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B><U>Mizuho Bank, Ltd.</U></B>,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as a 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Tracy Rahn</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Tracy Rahn</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: &nbsp;Executive Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">TRUIST BANK,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender and a 2024<BR>
 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Carlos Cruz</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Carlos Cruz</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">WELLS FARGO BANK, N.A.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender and a 2024 <BR>
Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Jack Stutesman</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Jack Stutesman</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">CAPITAL ONE, N.A.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as a 2024 Incremental Delayed Draw Term Lender </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Andy Welicky</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Andy Welicky</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Duly Authorized Signatory</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>ROYAL BANK OF CANADA,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Gill Skala</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Gil Skala</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Authorized Signatory</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>ROYAL BANK OF CANADA,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as a 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Gill Skala</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Gil Skala</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Authorized Signatory</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">THE TORONTO-DOMINION BANK, <BR>
NEW YORK BRANCH</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as a 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid">/s/ Jon Colquhoun&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Jon Colquhoun</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Managing Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>US BANK NATIONAL</B> <B><BR>
ASSOCIATION,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Stacy Hansen&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Stacey Hansen</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Senior Vice President</TD>
    </TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">US BANK NATIONAL ASSOCIATION</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as a 2024 Incremental Delayed Draw Term Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Laila Shehata&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Laila Shehata</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Assistant Vice President</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>THE BANK OF NOVA SCOTIA,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Joseph Ward</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Joseph Ward</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Managing Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>CITIBANK, N.A.,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Keith Lukasavich</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Keith Lukasavich</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Managing Director and Vice President</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BARCLAYS BANK PLC,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Sean Duggan</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Sean Duggan</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><B>BANK OF MONTREAL,</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">as an Existing Lender</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 49%">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;</TD>
    <TD STYLE="font-size: 12pt; border-bottom: Black 1px solid"><FONT STYLE="font-size: 12pt">/s/ Victor Davida&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Name: Victor Davida</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title: Director</TD>
    </TR>
</TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">[Amendment No. 9 Signature Page]</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 10pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: left; width: 100%"><PAGE></PAGE></TD></TR></TABLE></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Schedule A</B></P>

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2024 Incremental Delayed Draw Term Commitments</B></P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="border: Black 1px solid; padding-right: 5pt; width: 50%; text-align: center; padding-left: 5pt; text-indent: 0pt"><B>2024
    Incremental Delayed Draw Term Lender</B></TD>
    <TD STYLE="border-top: Black 1px solid; border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; width: 50%; text-align: center; padding-left: 5pt; text-indent: 0pt"><B>2024
    Incremental Delayed Draw Term <BR>
Commitment</B></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Bank
    of America, N.A.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$300,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">JPMorgan
    Chase Bank, N.A.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$100,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Morgan
    Stanley Bank, N.A.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$50,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">MUFG
    Bank, LTD.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$50,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">BNP
    Paribas</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$80,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Credit
    Agricole Corporate and Investment Bank</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$80,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Mizuho
    Bank Ltd.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$80,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Truist
    Bank</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$80,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Wells
    Fargo Bank, N.A.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$80,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Capital
    One, N.A.</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$50,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">Royal
    Bank of Canada</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$50,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">The
    Toronto-Dominion Bank, New York Branch</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$50,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding-right: 5pt; vertical-align: bottom; padding-left: 5pt; text-indent: 0pt">U.S.
    Bank National Association</TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding-right: 5pt; vertical-align: top; text-align: right; padding-left: 5pt; text-indent: 0pt">$50,000,000.00</TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; border-left: Black 1px solid; padding: 5pt; text-indent: 0pt"><B>Total</B></TD>
    <TD STYLE="border-right: Black 1px solid; border-bottom: Black 1px solid; padding: 5pt; text-align: right; text-indent: 0pt"><B>$1,100,000,000.00</B></TD></TR>
  </TABLE>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT A</B></P>

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Amended Credit Agreement</P>

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[see attached]</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">EXHIBIT A</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">Final
Version</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: blue">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">$1,750,000,000<BR>
CREDIT AGREEMENT</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>1</SUP></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of December 5, 2012</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIRIUS XM RADIO INC.,<BR>
as Borrower,</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE LENDERS PARTY HERETO,</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.,<BR>
as Administrative Agent</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">J.P. MORGAN SECURITIES LLC<BR>
MERRILL LYNCH, PIERCE, FENNER &amp; SMITH INCORPORATED<BR>
BARCLAYS BANK PLC<BR>
BNP PARIBAS SECURITIES CORP.<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">DEUTSCHE BANK SECURITIES
INC.<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
RBC CAPITAL MARKETS</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>2</SUP></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SCOTIA CAPITAL (USA) INC.<BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
<FONT STYLE="color: red"><STRIKE>ROBINSON HUMPHREY</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">SECURITIES</FONT>,
INC.<BR>
WELLS FARGO SECURITIES LLC,</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.<BR>
BANK OF AMERICA, N.A.<BR>
BARCLAYS BANK PLC<BR>
BNP PARIBAS<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DEUTSCHE BANK SECURITIES INC.<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
ROYAL BANK OF CANADA<BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
BANK<BR>
WELLS FARGO BANK, N.A.,<BR>
as Co-Syndication Agents</P>

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

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

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>1</SUP></TD><TD>As amended by Amendment No. 1, dated as of April 22, 2014, Amendment No. 2, dated as of June 16, 2015, Amendment No. 3, dated as of
June 29, 2018, Amendment No. 4, dated as of August 16, 2018, Amendment No. 5, dated as of August 31, 2021, Amendment No. 6, dated as of
April 11, 2022, Amendment No. 7, dated as of March 29, 2023, <FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>Amendment No. 8, dated
as of December 29, 2023<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">, and Amendment No. 9,
dated as of January 26, 2024</FONT>.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>2</SUP></TD><TD>RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.</TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION,<BR>
as Senior Managing Agent</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BANK OF MONTREAL,<BR>
as Manager,</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">J.P. MORGAN SECURITIES LLC,<BR>
as Lead Arranger for the Second Amendment</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">J.P. MORGAN SECURITIES LLC<BR>
MERRILL LYNCH, PIERCE, FENNER &amp; SMITH INCORPORATED</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BMO CAPITAL MARKETS CORP.<BR>
BNP PARIBAS SECURITIES CORP.<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">DEUTSCHE BANK SECURITIES
INC.<BR>
GOLDMAN, SACHS &amp; CO.<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
RBC CAPITAL MARKETS</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>3</SUP></FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
<FONT STYLE="color: red"><STRIKE>ROBINSON HUMPHREY</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">SECURITIES</FONT>,
INC.<BR>
U.S. BANK NATIONAL ASSOCIATION</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES LLC,<BR>
as Joint Bookrunners for the Second Amendment</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BANK OF AMERICA, N.A.<BR>
BMO CAPITAL MARKETS CORP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BARCLAYS BANK PLC<BR>
BNP PARIBAS<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">DEUTSCHE BANK SECURITIES INC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">GOLDMAN SACHS BANK USA<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
ROYAL BANK OF CANADA<BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NOVA SCOTIA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION<BR>
WELLS FARGO BANK, N.A.,<BR>
as Co-Syndication Agents for the Second Amendment</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.,<BR>
as Lead Arranger for the Third Amendment</P>

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

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>3</SUP></TD><TD>RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.</TD></TR></TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.<BR>
MERRILL LYNCH, PIERCE, FENNER &amp; SMITH INCORPORATED</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BMO CAPITAL MARKETS CORP.<BR>
BNP PARIBAS SECURITIES CORP.<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">GOLDMAN, SACHS &amp;
CO.<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
RBC CAPITAL MARKETS</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>4</SUP></FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
<FONT STYLE="color: red"><STRIKE>ROBINSON HUMPHREY</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">SECURITIES</FONT>,
INC.<BR>
U.S. BANK NATIONAL ASSOCIATION</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES LLC,<BR>
as Joint Bookrunners for the Third Amendment</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BANK OF AMERICA, N.A.<BR>
BMO CAPITAL MARKETS CORP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BARCLAYS BANK PLC<BR>
BNP PARIBAS<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">GOLDMAN SACHS BANK USA<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
ROYAL BANK OF CANADA<BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NOVA SCOTIA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION<BR>
WELLS FARGO BANK, N.A.,<BR>
as Co-Syndication Agents for the Third Amendment</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.,<BR>
as Lead Arranger for the Fourth Amendment</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.<BR>
MERRILL LYNCH, PIERCE, FENNER &amp; SMITH INCORPORATED</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BMO CAPITAL MARKETS CORP.<BR>
BNP PARIBAS SECURITIES CORP.<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">GOLDMAN, SACHS &amp;
CO.<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
RBC CAPITAL MARKETS</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>5</SUP></FONT><FONT STYLE="font-size: 10pt"><BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
<FONT STYLE="color: red"><STRIKE>ROBINSON HUMPHREY</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">SECURITIES</FONT>,
INC.</FONT></P>

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

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>4</SUP></TD><TD>RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.</TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>5</SUP></TD><TD>RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of </TD></TR></TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES LLC,<BR>
as Joint Bookrunners for the Fourth Amendment</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BANK OF AMERICA, N.A.<BR>
BMO CAPITAL MARKETS CORP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BARCLAYS BANK PLC<BR>
BNP PARIBAS<BR>
CITIGROUP GLOBAL MARKETS INC.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">GOLDMAN SACHS BANK USA<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
ROYAL BANK OF CANADA<BR>
<FONT STYLE="color: red"><STRIKE>SUN</STRIKE></FONT>TRU<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">I</FONT>ST
BANK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NOVA SCOTIA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">U.S. BANK NATIONAL ASSOCIATION<BR>
WELLS FARGO BANK, N.A.,<BR>
as Co-Syndication Agents for the Fourth Amendment</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.<BR>
BOFA SECURITIES, INC.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BMO CAPITAL MARKETS CORP.<BR>
BNP PARIBAS SECURITIES CORP.<BR>
CITIBANK, N.A.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">GOLDMAN SACHS &amp;
CO. LLC<BR>
MIZUHO BANK, LTD.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC<BR>
RBC CAPITAL MARKETS</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>6</SUP></FONT><FONT STYLE="font-size: 10pt"><BR>
TRUIST SECURITIES, INC.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NOVA SCOTIA<BR>
U.S. BANK NATIONAL ASSOCIATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES LLC,<BR>
as Joint Lead Arrangers and Bookrunners for the Fifth Amendment</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">JPMORGAN CHASE BANK, N.A.<BR>
BOFA SECURITIES, INC.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CITIBANK, N.A.<BR>
MORGAN STANLEY MUFG LOAN PARTNERS, LLC,<BR>
as Co-Syndication Agents for the Fifth Amendment</P>

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

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 5pt; width: 30%"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>Canada and its affiliates.</TD></TR>
                                                                                                                                          <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
                                                                                                                                          <TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>6</SUP></TD><TD>RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.</TD></TR></TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BMO CAPITAL MARKETS CORP.<BR>
BNP PARIBAS SECURITIES CORP.<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">GOLDMAN SACHS &amp;
CO. LLC<BR>
MIZUHO BANK, LTD.<BR>
RBC CAPITAL MARKETS</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><SUP>7</SUP></FONT><FONT STYLE="font-size: 10pt"><BR>
TRUIST BANK</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NOVA SCOTIA<BR>
U.S. BANK NATIONAL ASSOCIATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">WELLS FARGO SECURITIES LLC,<BR>
as Co-Documentation Agents for the Fifth Amendment</P>

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">BOFA SECURITIES, INC.,<BR>
as Lead Arranger for the Sixth Amendment</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">BOFA
SECURITIES, INC.<BR>
MORGAN STANLEY SENIOR FUNDING, INC.,<BR>
JPMORGAN CHASE BANK, N.A.,<BR>
BNP PARIBAS,<BR>
CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK,<BR>
MIZUHO BANK, LTD.,<BR>
TRUIST SECURITIES, INC.,<BR>
WELLS FARGO BANK, N.A.,<BR>
as Joint Lead Arrangers and Bookrunners for the Ninth Amendment</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: blue">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 5pt; width: 30%"><DIV STYLE="font-size: 1pt; border-top: Black 1px solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 36pt"><SUP>7</SUP></TD><TD>RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.</TD></TR></TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
    <!-- Field: /Page -->

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

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

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

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

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-bottom: 1pt; padding-top: 1pt">SECTION 1.01</TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 1pt">Defined Terms</TD>
    <TD STYLE="width: 6%; text-align: right; padding-bottom: 1pt; padding-top: 1pt"><FONT STYLE="color: red"><STRIKE>1</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">5</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Classification of Loans and Borrowings</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>46</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">53</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Pro Forma Determinations</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>47</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">53</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Terms Generally</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>47</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">54</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Accounting Terms; GAAP</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">54</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Limited Condition Transaction</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>48</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">55</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Classification Regarding Negative Covenant Exception; Foreign Currencies</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">55</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Divisions</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">56</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 1.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Interest Rates; Benchmark Notification</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>49</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">56</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE II<BR>
<BR>
The Credits</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 2.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Revolving Commitments <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">,
    </FONT>2022 Incremental Term Commitments</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>50</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">56</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Incremental Revolving Commitments and Incremental Term Loans</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>51</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">58</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt; padding-left: 10pt; text-indent: -10pt">Procedure for Revolving Loan <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">,
    </FONT>2022 Incremental Term Loan <FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">and 2024
    Incremental Delayed Draw Term Loan </FONT>Borrowing</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt; vertical-align: bottom"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">61</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Funding of Borrowings</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>54</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">62</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Interest Elections</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>55</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">62</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Termination and Reduction of Commitments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">63</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Repayment of Loans; Evidence of Debt</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>56</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">64</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Prepayments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">64</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Fees</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>57</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">66</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.10</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Interest</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>58</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">67</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.11</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Alternate Rate of Interest</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">68</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.12</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Increased Costs</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>59</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">68</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.13</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Break Funding Payments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>60</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">69</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.14</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>61</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">70</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.15</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Pro Rata Treatment and Payments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>63</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">72</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.16</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Mitigation Obligations; Replacement of Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>64</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">74</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.17</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Letters of Credit</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>65</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">75</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.18</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Defaulting Lenders</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>68</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">78</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.19</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Extensions of Incremental Term Loans and Revolving Commitments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>70</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">80</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.20</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Foreign Currency Exchanges</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">83</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 2.21</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Benchmark Replacement Setting</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>73</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">83</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE III<BR>
<BR>
Representations and Warranties</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 3.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Organization; Powers</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>74</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">84</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Authorization; Enforceability</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Governmental Approvals; No Conflicts</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Financial Position</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Properties</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>75</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">85</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Litigation and Environmental Matters</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Compliance with Laws and Agreements</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">86</FONT></TD></TR>
  </TABLE>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 3.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Investment Company Status</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Taxes</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.10</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">ERISA</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>76</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.11</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Disclosure</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">86</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.12</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Collateral Documents</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.13</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Capital Stock and Subsidiaries</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>77</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">87</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.14</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Intellectual Property</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.15</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Federal Reserve Regulations</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.16</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Use of Proceeds</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.17</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Labor Matters</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.18</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Solvency</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.19</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Anti-Terrorism Laws</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>78</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">88</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.20</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">FCC Licenses</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">89</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.21</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">No Unlawful Contributions or Other Payments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">89</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 3.22</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Senior Indebtedness Under Existing Notes</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>79</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">89</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE IV<BR>
<BR>
Conditions</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 4.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Closing Date</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>80</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">90</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 4.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Each Credit Event</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>81</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">91</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">SECTION 4.03</FONT></TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">Each 2024 Incremental Delayed Draw Term
    Loan Credit Event</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">92</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE V<BR>
<BR>
Affirmative Covenants</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 5.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Financial Statements; Other Information</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>82</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">93</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Notices of Material Events</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">95</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Existence; Conduct of Business</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">95</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Payment of Tax Liabilities</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">95</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Maintenance of Properties; Insurance</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>84</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">95</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Books and Records; Inspection Rights</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">96</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Compliance with Law</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">96</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Use of Proceeds</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">96</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Additional Guarantors and Collateral</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>85</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">97</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 5.10</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Changes in Fiscal Periods</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">97</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE VI<BR>
<BR>
Negative Covenants</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 6.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Indebtedness</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>86</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">97</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Liens</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>89</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">100</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Fundamental Changes</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>89</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">100</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Disposition of Property</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>90</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">101</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Restricted Payments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>91</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">102</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Transactions with Affiliates</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">105</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Reserved</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>94</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">106</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Sales and Leasebacks</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">106</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Clauses Restricting Subsidiary Distributions</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>95</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">106</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.10</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Total Leverage Ratio</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">107</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.11</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Investments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">107</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 6.12</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Modifications to Certain Documents</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">108</FONT></TD></TR>
  </TABLE>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 6.13</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Changes in Covenants Following Investment Grade Condition</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>96</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">108</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE VII<BR>
<BR>
Events of Default</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 7.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Events of Default</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>97</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">108</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 7.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Cure Right</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>99</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">111</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE VIII<BR>
<BR>
The Administrative Agent</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 8.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Appointment and Authorization</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>100</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Administrative Agent and Affiliates</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>100</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Action by Administrative Agent</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>100</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Consultation with Experts</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Delegation of Duties</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">112</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Successor Administrative Agent</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Credit Decision</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>101</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Bookrunners; Co-Syndication Agents; Senior Managing Agent; Manager</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Withholding Tax</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">113</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.10</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">ERISA Lender Representation</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>102</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">114</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 8.11</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Return of Certain Payments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>103</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">115</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ARTICLE IX<BR>
<BR>
Miscellaneous</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 90pt; padding-top: 1pt; padding-bottom: 1pt">SECTION 9.01</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Notices</TD>
    <TD STYLE="width: 6%; text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>104</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">116</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.02</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Waivers; Amendments</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>105</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">117</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.03</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Waivers; Amendments to Other Credit Documents</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>107</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">119</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.04</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Expenses; Indemnity; Damage Waiver</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>107</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">119</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.05</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Successors and Assigns</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>109</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">120</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.06</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Survival</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>111</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">123</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.07</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Counterparts; Integration; Effectiveness</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>111</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">123</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.08</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Severability</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>112</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">123</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.09</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Right of Setoff</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>112</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">123</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.10</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Governing Law; Jurisdiction; Consent to Service of Process</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>112</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">124</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.11</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">WAIVER OF JURY TRIAL</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>112</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">124</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.12</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Headings</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>113</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">124</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.13</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Confidentiality</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>113</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">124</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.14</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Judgment Currency</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>113</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">125</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.15</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">USA PATRIOT Act</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>114</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">126</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.16</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Releases of Guarantees and Liens</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>114</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">126</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.17</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">No Fiduciary Duty</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>116</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">128</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.18</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Interest Rate Limitation</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>117</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">129</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.19</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Acknowledgement and Consent to Bail-In of Affected Financial Institutions</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>117</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">129</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">SECTION 9.20</TD>
    <TD STYLE="padding-top: 1pt; padding-bottom: 1pt">Acknowledgement Regarding Any Supported QFCs</TD>
    <TD STYLE="text-align: right; padding-top: 1pt; padding-bottom: 1pt"><FONT STYLE="color: red"><STRIKE>117</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">129</FONT></TD></TR>
  </TABLE>

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

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 70pt">Schedule 1.01A</TD>
    <TD STYLE="width: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%">&#8212;</TD>
    <TD STYLE="width: 18pt">&nbsp;</TD>
    <TD>Commitments</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 3.05(b)</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Satellites</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 3.05(c)</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>FCC Space Station Licenses</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 3.12</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Filings</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 3.13</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Subsidiaries</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 6.01</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Existing Indebtedness</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 6.02</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Existing Liens</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 6.06</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Existing Transactions with Affiliates</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 6.09</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Existing Restrictions</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Schedule 6.11</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Existing Investments</TD></TR>
    <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>EXHIBITS:</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
    <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>Exhibit A</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Assignment and Assumption</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit B</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Opinion of Credit Parties&rsquo; Counsel</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit C</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Subsidiary Guarantee</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit D</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Pledge Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit E</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of HoldCo Pledge Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit F</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Closing Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit G&#45;1</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of New Lender Supplement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit G&#45;2</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Incremental Term Facility Activation Notice</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit G&#45;3</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Incremental Revolving Commitment Activation Notice</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit H</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Security Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit I</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Perfection Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit J</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Solvency Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit K&#45;1</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Tax Compliance Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit K&#45;2</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Tax Compliance Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit K&#45;3</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Tax Compliance Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit K&#45;4</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Tax Compliance Certificate</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit L&#45;1</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Equal Priority Intercreditor Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit L&#45;2</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Junior Priority Intercreditor Agreement</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>Exhibit M</TD>
    <TD>&nbsp;</TD>
    <TD>&#8212;</TD>
    <TD>&nbsp;</TD>
    <TD>Form of Intercompany Subordinated Note</TD></TR>
  </TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">CREDIT AGREEMENT, dated as of December 5, 2012 (this
&ldquo;<U>Agreement</U>&rdquo;), among SIRIUS XM RADIO INC., a Delaware corporation (the &ldquo;<U>Borrower</U>&rdquo;; as hereinafter
further defined), the Lenders party hereto from time to time, and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders and
as collateral agent for the Secured Parties (as defined herein) (in such capacities, the &ldquo;<U>Administrative Agent</U>&rdquo;), and
as an Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The parties hereto agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>ARTICLE I&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
<BR>
<U>Definitions</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.01&#9;Defined Terms</U>. As
used in this Agreement, the following terms have the meanings specified below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>2022 Incremental Term Commitment</U>&rdquo;
means, for each 2022 Incremental Term Lender, its commitment amount set forth in the Sixth Amendment. The aggregate amount of the 2022
Incremental Term Commitments on the Sixth Amendment Effective Date (immediately prior to the incurrence of the 2022 Incremental Term Loans
on such date) is $500,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>2022 Incremental Term Lender</U>&rdquo;
means (a) on the Sixth Amendment Effective Date, the Lenders signatory to the Sixth Amendment and, without duplication, (b) each Lender
that is a holder of a 2022 Incremental Term Loan from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>2022 Incremental Term Loans</U>&rdquo;
means the loans made by the 2022 Incremental Term Lenders to the Borrower pursuant to the Sixth Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Funding Date&rdquo; means each date that the 2024 Incremental Delayed Draw Term Loans are made to the Borrower
pursuant to Section 2.01(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Initial Funding Date&rdquo; means the first 2024 Incremental Delayed Draw Funding Date to occur.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><FONT STYLE="text-decoration: underline double; color: blue; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Lead Arrangers&rdquo; means BofA Securities, Inc., Morgan Stanley Senior Funding, Inc., </FONT><FONT STYLE="text-decoration: underline double; color: green; line-height: 135%">JPMorgan
Chase Bank, N.A., </FONT><FONT STYLE="text-decoration: underline double; color: blue; line-height: 135%; background-color: #DDDDDD">Truist
Bank, Wells Fargo Bank, N.A., BNP Paribas, Credit Agricole Corporate and Investment Bank and Mizuho Bank Ltd., each in its capacity as
joint lead arranger for the Ninth Amendment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Maturity Date&rdquo; means, three (3) years from the 2024 Incremental Delayed Draw Initial Funding Date; <I>provided
</I>if any Reference Obligation is outstanding on or after the date that is 91 days prior to the scheduled maturity of the relevant Reference
Obligation (the &ldquo;Springing Maturity Test Period&rdquo;) and after giving effect to any payment of such Reference Obligation on
any day during the Springing Maturity Test Period (each such date, a &ldquo;Springing Maturity Test Date&rdquo;), the sum of (i) the
aggregate amount of cash and Cash Equivalents on the consolidated balance sheet of the Borrower and the Restricted Subsidiaries as of
such Springing Maturity Test Date, excluding cash and Cash Equivalents which are listed as &ldquo;restricted&rdquo; on the consolidated
balance sheet of the Borrower and the Restricted Subsidiaries as of such Springing Maturity Test Date plus (ii) aggregate unused and
available Revolving Commitments as of such Springing Maturity Test Date is less than the outstanding principal amount of the relevant
Reference Obligation on such Springing Maturity Test Date, then the 2024 Incremental Delayed Draw Maturity Date shall be such Springing
Maturity Test Date; <I>provided further</I> that, solely to the extent the 2024 Incremental Delayed Draw Initial Funding Date does not
occur substantially simultaneously with the consummation of the Merger and the Splitoff, if the consummation of the Merger and the Splitoff
shall not have occurred on or prior to the Required Consummation Date, then the 2024 Incremental Delayed Draw Maturity Date with respect
to any 2024 Incremental Delayed Draw Term Loans then outstanding shall be the Business Day following the Required Consummation Date.
For the avoidance of doubt, (i) the occurrence of the 2024 Incremental Delayed Draw Maturity Date pursuant to the second proviso hereto
shall not prevent subsequent 2024 Incremental Delayed Draw Funding Dates during the 2024 Incremental Delayed Draw Term Loan Availability</FONT></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">Period
and (ii) the occurrence of any 2024 Incremental Delayed Draw Maturity Date shall not prevent the occurrence of any subsequent 2024 Incremental
Delayed Draw Maturity Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: blue"><FONT STYLE="line-height: 135%">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Term Commitment&rdquo; means, for each 2024 Incremental Delayed Draw Term Lender, its commitment amount set
forth in the Ninth Amendment as the same may be (a) reduced from time to time pursuant to Section 2.06(c) and (b) reduced or increased
from time to time pursuant to assignments by or to such 2024 Incremental Delayed Draw Term Lender pursuant to Section 9.05. The aggregate
amount of the 2024 Incremental Delayed Draw Term Commitments on the Ninth Amendment Effective Date is $1,100,000,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="line-height: 135%">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Term Commitment Termination Date&rdquo; means December 31, 2024.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="line-height: 135%">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Term Lender&rdquo; means each Lender that holds a 2024 Incremental Delayed Draw Term Commitment or a 2024 Incremental
Delayed Draw Term Loan from time to time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="line-height: 135%">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Term Loan Availability Period&rdquo; means, the period commencing on the Ninth Amendment Effective Date and
ending on the earlier of (x) the 2024 Incremental Delayed Draw Term Commitment Termination Date and (y) the date on which the 2024 Incremental
Delayed Draw Term Commitments have been reduced to zero.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="line-height: 135%">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Term Loans&rdquo; means the loans made by the 2024 Incremental Delayed Draw Term Lenders to the Borrower pursuant
to the Ninth Amendment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="line-height: 135%">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; line-height: 135%; background-color: #DDDDDD">&ldquo;2024
Incremental Delayed Draw Term Loan Fee Payment Date&rdquo; means (a) the first Business Day following the last day of each March, June,
September and December during the 2024 Incremental Delayed Draw Term Loan Availability Period and (b) the 2024 Incremental Delayed Draw
Funding Date for, or the date of termination of, the relevant portion of the 2024 Incremental Delayed Draw Term Commitment (including
the last day of the 2024 Incremental Delayed Draw Term Loan Availability Period).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>2026 Notes</U>&rdquo; means the Borrower&rsquo;s
<FONT STYLE="color: red"><STRIKE>5.375</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">3.125</FONT>%
Senior Notes due 2026.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;2027
Notes&rdquo; means the Borrower&rsquo;s 5.000% Senior Notes due 2027.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>ABR</U>&rdquo; when used in reference
to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined
by reference to the Alternate Base Rate or the Canadian Prime Rate, as the case may be.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Activation Notice</U>&rdquo; means an
Incremental Revolving Commitment Activation Notice or an Incremental Term Facility Activation Notice, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Adjusted Term SOFR
Rate</U>&rdquo; means, for any Interest Period, an interest rate per annum equal to (a) Current Term SOFR for such Interest
Period, plus (b) (x) in the case of any 2022 Incremental Term Loans with a one-month or three-month Interest Period<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">
and any 2024 Incremental Delayed Draw Term Loans</FONT>, 0% and (y) in the case of (i) any 2022 Incremental Term Loans with a
six-month Interest Period and (ii) any Revolving Loans with a one-month, three-month or six-month Interest Period, in each
case, 0.10%; <U>provided</U> that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate
shall be deemed to be equal to the Floor for the purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Adjustment Date</U>&rdquo; has the meaning
assigned to such term in the definition of &ldquo;Pricing Grid.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Administrative Agent</U>&rdquo; means
JPMorgan Chase Bank, N.A. in its capacities as administrative agent for the Lenders and as collateral agent for the Secured Parties under
this Agreement and the other Credit Documents, together with any successors in such capacities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Administrative Questionnaire</U>&rdquo;
means an Administrative Questionnaire in a form supplied by the Administrative Agent.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Affected Financial Institution</U>&rdquo;
means (a) any EEA Financial Institution or (b) any UK Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Affiliate</U>&rdquo; means, with respect
to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or
is under common Control with the Person specified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Agent Party</U>&rdquo; means the Administrative
Agent, any Issuing Bank or any other Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Aggregate Exposure</U>&rdquo; means, with
respect to any Lender at any time, an amount equal to the sum of (a) the aggregate then outstanding principal amount of such Lender&rsquo;s
Incremental Term Loans, and (b) the amount of such Lender&rsquo;s Revolving Commitment then in effect or, if such Revolving Commitment
has been terminated, such Lender&rsquo;s Outstanding Revolving Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Agreement</U>&rdquo; has the meaning assigned
to such term in the preamble to this Credit Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Alternate Base Rate</U>&rdquo; means,
for any day, a rate <I>per annum</I> equal to the greatest of (a) the Prime Rate in effect on such day, (b) the New York Fed Bank Rate
in effect on such day plus &frac12; of 1% <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">,</FONT>
(c) (x) with respect to any Revolving Loans prior to the Automatic SOFR Conversion Date, the LIBO Rate for a one month Interest Period
on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1%; provided that the LIBO Rate for any
day shall be based on the LIBO Rate at approximately 11:00 a.m. London time on such day, subject to the interest rate floor set forth
in the definition of the term &ldquo;LIBO Rate&rdquo; or (y) otherwise, the Adjusted Term SOFR Rate for a one month Interest Period as
published two U.S. Government Securities Business Days prior to such day (or if such day is not a Business Day, the immediately preceding
Business Day) plus 1% <FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">and (d) 1%</FONT>; <U>provided</U>
that for the purpose of this definition, the Adjusted Term SOFR Rate for any day shall be based on the Term SOFR Reference Rate at approximately
5:00 a.m. Chicago time on such day (or any amended publication time for the Term SOFR Reference Rate, as specified by the CME Term SOFR
Administrator in the Term SOFR Reference Rate methodology). Any change in the Alternate Base Rate due to a change in the Prime Rate, the
New York Fed Bank Rate, the LIBO Rate or the Adjusted Term SOFR Rate shall be effective from and including the effective date of such
change in the Prime Rate, the New York Fed Bank Rate, the LIBO Rate or the Adjusted Term SOFR Rate, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Anti-Terrorism Laws</U>&rdquo; means (i)
any Requirement of Law related to terrorism financing or money laundering, including the Uniting and Strengthening America by Providing
Appropriate Tools Required to Intercept and Obstruct Terrorism Act (the &ldquo;<U>USA PATRIOT Act</U>&rdquo;) of 2001 (Title III of Pub.
L. 107-56), The Currency and Foreign Transactions Reporting Act (also known as the &ldquo;Bank Secrecy Act,&rdquo; 31 U.S.C. &sect;&sect;
5311-5330 and 12 U.S.C. &sect;&sect; 1818(s), 1820(b) and 1951-1959), the Trading With the Enemy Act (50 U.S.C. &sect; 1 <I>et seq</I>.,
as amended) and Executive Order 13224 (effective September 24, 2001) and (ii) all economic or financial sanctions or trade embargoes imposed,
administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control
of the U.S. Department of the Treasury or the U.S. Department of State, or (b) the United Nations Security Council, the European Union,
any European Union member state, Her Majesty&rsquo;s Treasury of the United Kingdom or other relevant sanctions authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Applicable Rate</U>&rdquo; means (a) for
each Type of Loan other than Incremental Term Loans, (i) on and after the Adjustment Date occurring with respect to the fiscal quarter
ending March 31, 2015 until the Second Amendment Effective Date, 2.00% for Eurocurrency Loans and 1.00% for ABR Loans, (ii) on and after
the Second Amendment Effective Date until the Adjustment Date occurring with respect to the fiscal quarter ending June 30, 2015, 2.00%
for Eurocurrency Loans and 1.00% for ABR Loans, (iii) on and after such Adjustment Date and each subsequent Adjustment Date to but excluding
the Third Amendment Effective Date, a percentage determined in accordance with the Pricing Grid as in effect during such period, (iv)
on and after the Third Amendment Effective Date until the Adjustment Date occurring with respect to the fiscal quarter ending September
30, 2018, 1.625% for Eurocurrency Loans and 0.625% for ABR Loans, (v) on and after such Adjustment Date and each subsequent Adjustment
Date to but excluding the Fifth Amendment Effective Date, a percentage determined in accordance with the Pricing Grid as in effect during
such period, (vi) on and after the Fifth Amendment Effective Date until the Adjustment Date occurring with respect to the fiscal quarter
ending September 30, 2021, 1.50% for Eurocurrency Loans and 0.50% for ABR Loans and (vii) on and after such Adjustment Date and each subsequent
Adjustment Date, a percentage determined in accordance with the Pricing Grid, (b) for the 2022 Incremental Term Loans, on and after the
Sixth</P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0">Amendment Effective Date until the Adjustment Date occurring with respect
to the fiscal quarter ending June 30, 2022, 1.125% for Term Benchmark Loans and 0.125% for ABR Loans, <FONT STYLE="color: red"><STRIKE>and
</STRIKE></FONT>(c<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">) for the 2024 Incremental Delayed
Draw Term Loans, on and after the 2024 Incremental Delayed Draw Initial Funding Date until the Adjustment Date occurring with respect
to the second full fiscal quarter after the 2024 Incremental Delayed Draw Initial Funding Date, 1.75% for Term Benchmark Loans and 0.75%
for ABR Loans and on and after such Adjustment Date and each subsequent Adjustment Date, a percentage determined in accordance with the
Pricing Grid, and (d</FONT>) for each Type of Incremental Term Loan (other than the 2022 Incremental <FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">Term
Loans and the 2024 Incremental Delayed Draw </FONT>Term Loans), such per annum rates as shall be agreed to by the Borrower and the applicable
Incremental Term Lenders as shown in the applicable Incremental Term Facility Activation Notice.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Approved Fund</U>&rdquo; has the meaning
assigned to such term in Section 9.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Asset Disposition</U>&rdquo; means any
sale, lease (other than an operating lease entered into in the ordinary course of business), transfer or other disposition (or series
of related sales, leases, transfers or dispositions) by the Borrower or any Restricted Subsidiary, including any disposition by means
of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a &ldquo;<U>disposition</U>&rdquo;
and the terms &ldquo;<U>dispose</U>&rdquo; and &ldquo;<U>disposed of</U>&rdquo; shall have correlative meanings), of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(1)&nbsp;any
shares of Capital Stock of a Restricted Subsidiary (other than directors&rsquo; qualifying shares or shares required by applicable Requirements
of Law to be held by a Person other than the Borrower or a Restricted Subsidiary);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(2)&nbsp;all
or substantially all the assets of any division or line of business of the Borrower or any Restricted Subsidiary; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(3)&nbsp;any
other assets of the Borrower or any Restricted Subsidiary outside of the ordinary course of business of the Borrower or such Restricted
Subsidiary,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">other than, in the case of clauses (1), (2) and (3) above:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;a
disposition by a Restricted Subsidiary to the Borrower, by a Restricted Subsidiary that is not a Subsidiary Guarantor to another Restricted
Subsidiary, or, subject to compliance with Section 6.11, by the Borrower or a Restricted Subsidiary to a Restricted Subsidiary that is
not a Subsidiary Guarantor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;for
purposes of Section 6.04 only, (i) a disposition that constitutes a Restricted Payment (or would constitute a Restricted Payment but for
the exclusions from the definition thereof) and that is not prohibited by Section 6.05, (ii) the making of an Asset Swap and (iii) a disposition
of all or substantially all the assets of the Borrower and its Restricted Subsidiaries, taken as a whole, in accordance with Section 6.03;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;a
disposition of assets with a fair market value, in the aggregate after the Fifth Amendment Effective Date, of less than the greater of
(x) $400,000,000 and (y) 20% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior to the date of such
disposition (calculated on a pro forma basis after giving effect to such disposition as if such disposition and any related transactions
had occurred on the first day of such Test Period);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;a
disposition of cash or Cash Equivalents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;the
creation of a Lien (but not the sale or other disposition of the property subject to such Lien);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(f)&nbsp;the
licensing or sublicensing of Intellectual Property or other general intangibles and licenses, leases or subleases of other property; <I>provided</I>,
<I>however</I>, such licensing or sublicensing shall not interfere in any material respect with the Borrower&rsquo;s continuing use of
such Intellectual Property or other general intangibles and licenses, leases or subleases of other property;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(g)&nbsp;the
sale or lease of equipment, inventory, accounts receivable or other assets in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(h)&nbsp;any
issuance or sale of Capital Stock of an Unrestricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(i)&nbsp;foreclosure
on assets;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(j)&nbsp;disposition
of damaged, obsolete or worn-out property in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(k)&nbsp;any
disposition of any owned real property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(l)&nbsp;any
disposition of assets of or relating to the Canadian Entity or any of its Affiliates;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(m)&nbsp;any
disposition of non-core assets (which shall include all assets other than contracts that are material to the satellite radio business,
Satellites or assets related to the satellite business of the Borrower or its Restricted Subsidiaries (the &ldquo;<U>Core Assets</U>&rdquo;),
including the Capital Stock of a Restricted Subsidiary holding such Core Assets) in an amount, in the aggregate since the Fifth Amendment
Effective Date, not to exceed the greater of (x) $1,200,000,000 and (y) 60% of Consolidated Operating Cash Flow for the Test Period most
recently ended on or prior to the date of such disposition (calculated on a pro forma basis after giving effect to such disposition as
if such disposition and any related transactions had occurred on the first day of such Test Period); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(n)&nbsp;dispositions
of (A) accounts receivable in connection with the collection or compromise thereof (including sales to factors or other third parties)
and (B) accounts receivable, or participations therein and related assets, in connection with any Qualified Receivables Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Asset Swap</U>&rdquo; means concurrent
purchase and sale or exchange of assets between the Borrower or any of its Restricted Subsidiaries and another Person; <I>provided</I>
that any cash received is applied in accordance with Section 6.04.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Assignment and Assumption</U>&rdquo; means
an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section
9.05), and accepted by the Administrative Agent, in the form of <U>Exhibit A</U> or any other form approved by the Administrative Agent
(acting reasonably).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Attributable Debt</U>&rdquo; in respect
of a Sale/Leaseback Transaction means, as at the time of determination, the present value (discounted at the interest rate borne by the
2026 Notes, compounded annually) of the total obligations of the lessee for rental payments during the remaining term of the lease included
in such Sale/Leaseback Transaction (including any period for which such lease has been extended); <I>provided</I>, <I>however</I>, that,
if such Sale/Leaseback Transaction results in a Capital Lease Obligation, the amount of Indebtedness represented thereby will be determined
in accordance with the definition of &ldquo;Capital Lease Obligation.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Auto-Extension Letter of Credit</U>&rdquo;
has the meaning assigned to such term in Section 2.17(c)(ii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Automatic SOFR Conversion Date</U>&rdquo;
means July 1, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Available Revolving Commitment</U>&rdquo;
means, as to any Revolving Lender at any time, an amount equal to the excess, if any, of (a) such Lender&rsquo;s Revolving Commitment
then in effect at such time over (b) such Lender&rsquo;s Outstanding Revolving Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Available Tenor</U>&rdquo; shall mean,
as of any date of determination and with respect to the then-current Benchmark, as applicable, any tenor for such Benchmark (or component
thereof) or payment period for interest calculated with reference to such Benchmark (or component thereof), as applicable, that is or
may be used for determining the length of an Interest Period for any term rate or otherwise, for determining any frequency of making payments
of interest calculated pursuant to this Agreement as of such date and not including, for the avoidance of</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">doubt, any tenor for such Benchmark that is then-removed from the definition
of &ldquo;Interest Period&rdquo; pursuant to clause (e) of Section 2.21.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Bail-In Action</U>&rdquo; means the exercise
of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Bail-In Legislation</U>&rdquo; means,
(a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law, rule, regulation or requirement for such EEA Member Country from time to time which is described
in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as
amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound
or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration
or other insolvency proceedings).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Bankruptcy Event</U>&rdquo; means, with
respect to any Lender, such Lender or any other Person as to which such Lender is a subsidiary (a &ldquo;<U>Parent Company</U>&rdquo;)
(a) is adjudicated as, or determined by any Governmental Authority having regulatory authority over it or its assets to be, insolvent,
(b) becomes the subject of a bankruptcy or insolvency proceeding, or the Administrative Agent has given written notice to such Lender
and the Borrower of its good faith determination that such Lender or its Parent Company has taken any action in furtherance of, or indicating
its consent to, approval of, or acquiescence in, any such proceeding or (c) has had a receiver, conservator, trustee, administrator, custodian,
assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business appointed for it,
or the Administrative Agent has given written notice to such Lender and the Borrower of its good faith determination that such Lender
or its Parent Company has taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any such
appointment; <I>provided</I> that a Bankruptcy Event shall not result solely by virtue of any control of or ownership interest in, or
the acquisition of any control of or ownership interest in, such Lender or its Parent Company by a Governmental Authority as long as such
control or ownership interest does not result in or provide such Lender or its Parent Company with immunity from the jurisdiction of courts
within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender or its Parent
Company (or such Governmental Authority) to reject, repudiate, disavow or disaffirm such Lender&rsquo;s obligations under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Basel III</U>&rdquo; means, collectively,
those certain agreements on capital requirements, leverage ratios and liquidity standards contained in &ldquo;Basel III: A Global Regulatory
Framework for More Resilient Banks and Banking Systems,&rdquo; &ldquo;Basel III: International Framework for Liquidity Risk Measurement,
Standards and Monitoring,&rdquo; and &ldquo;Guidance for National Authorities Operating the Countercyclical Capital Buffer,&rdquo; each
as published by the Basel Committee on Banking Supervision in December 2010 (as revised from time to time), and as implemented by a Lender&rsquo;s
primary U.S. federal banking regulatory authority or primary non-U.S. financial regulatory authority, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benchmark</U>&rdquo; shall mean, initially,
with respect to any (i) Term Benchmark Loan, the Term SOFR Rate and (ii) with respect to any Eurocurrency Loan, CDOR; <U>provided</U>
that if a Benchmark Transition Event, and the related Benchmark Replacement Date have occurred with respect to the applicable Relevant
Rate or the then-current Benchmark, then &ldquo;Benchmark&rdquo; means the applicable Benchmark Replacement to the extent that such Benchmark
Replacement has replaced such prior benchmark rate pursuant to clause (b) of Section 2.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benchmark Replacement</U>&rdquo; shall
mean, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for
the applicable Benchmark Replacement Date; <U>provided</U> that, in the case of any Loan denominated in Canadian Dollars, &ldquo;Benchmark
Replacement&rdquo; shall mean the alternative set forth in (2) below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(1)&nbsp;in
the case of any Loan denominated in Dollars, the sum of (A) Daily Simple SOFR and (B) the related Benchmark Replacement Adjustment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(2)&nbsp;the
sum of: (a) the alternate benchmark rate that has been selected by the Administrative Agent and the Borrower as the replacement for the
then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement
benchmark rate or the mechanism for</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">determining such a rate by the Relevant Governmental Body or (ii) any
evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark for syndicated
credit facilities denominated in the applicable currency at such time in the United States and (b) the related Benchmark Replacement Adjustment;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">If the Benchmark Replacement as determined pursuant
to clause (1) or (2) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of
this Agreement and the other Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benchmark Replacement Adjustment</U>&rdquo;
shall mean, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable
Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement, the spread adjustment, or method for calculating
or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Administrative
Agent and the Borrower for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a spread
adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable
Unadjusted Benchmark Replacement by the Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii) any evolving
or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment,
for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for syndicated credit facilities denominated
in the applicable currency at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;<U>Benchmark Replacement Conforming Changes</U>&rdquo;
shall mean, with respect to any Benchmark Replacement and/or any Term Benchmark Revolving Loan denominated in Dollars, any technical,
administrative or operational changes (including changes to the definition of &ldquo;Alternate Base Rate,&rdquo; the definition of &ldquo;Business
Day,&rdquo; the definition of &ldquo;U.S. Government Securities Business Day,&rdquo; the definition of &ldquo;Interest Period,&rdquo;
timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation
notices, length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters)
that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark and to permit the
administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative
Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines
that no market practice for the administration of such Benchmark exists, in such other manner of administration as the Administrative
Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benchmark Replacement Date</U>&rdquo;
shall mean, with respect to any Benchmark, the earliest to occur of the following events with respect to the then-current Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(1)&nbsp;in
the case of clause (1) or (2) of the definition of &ldquo;Benchmark Transition Event,&rdquo; the later of (a) the date of the public statement
or publication of information referenced therein and (b) the date on which the administrator of such Benchmark (or the published component
used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark (or such component
thereof); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(2)&nbsp;in
the case of clause (3) of the definition of &ldquo;Benchmark Transition Event,&rdquo; the first date on which such Benchmark (or the published
component used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator of such
Benchmark (or such component thereof) to be no longer representative; provided, that such non-representativeness will be determined by
reference to the most recent statement or publication referenced in such clause (c) and even if any Available Tenor of such Benchmark
(or such component thereof) continues to be provided on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">For the avoidance of doubt, (i) if the event giving
rise to the Benchmark Replacement Date occurs on the same day as, but earlier than, the Reference Time in respect of any determination,
the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination and (ii) the &ldquo;Benchmark
Replacement Date&rdquo; will be deemed to have occurred in the case of clause (1) or (2) with respect to any Benchmark upon the occurrence
of the applicable event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published
component used in the calculation thereof).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benchmark Transition Event</U>&rdquo;
shall mean, with respect to any Benchmark, the occurrence of one or more of the following events with respect to such then-current Benchmark:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(1) a public statement or publication of information
by or on behalf of the administrator of such Benchmark (or the published component used in the calculation thereof) announcing that such
administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof), permanently or indefinitely,
provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available
Tenor of such Benchmark (or such component thereof);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(2) a public statement or publication of information
by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof), the
Federal Reserve Board, the NYFRB, the CME Term SOFR Administrator, the central bank for the currency applicable to such Benchmark, an
insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction
over the administrator for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority
over the administrator for such Benchmark (or such component), in each case, which states that the administrator of such Benchmark (or
such component) has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or
indefinitely; provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide
any Available Tenor of such Benchmark (or such component thereof); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(3) a public statement or publication of information
by the regulatory supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof) announcing
that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as of a specified future date will no longer
be, representative.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">For the avoidance of doubt, a &ldquo;Benchmark Transition
Event&rdquo; will be deemed to have occurred with respect to any Benchmark if a public statement or publication of information set forth
above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation
thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benchmark Unavailability Period</U>&rdquo;
means, with respect to any Benchmark, the period (if any) (x) beginning at the time that a Benchmark Replacement Date pursuant to clauses
(1) or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced such then-current Benchmark for all
purposes hereunder and under any Loan Document in accordance with Section 2.21 and (y) ending at the time that a Benchmark Replacement
has replaced such then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>beneficial owner</U>&rdquo; shall be determined
in accordance with Rule 13d-3 and Rule 13d-5 under the Exchange Act. &ldquo;<U>Beneficially own</U>,&rdquo; &ldquo;<U>beneficially owned</U>&rdquo;
and &ldquo;<U>beneficial ownership</U>&rdquo; have meanings correlative to that of beneficial owner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Benefit Plan</U>&rdquo; shall mean any
of (a) an &ldquo;employee benefit plan&rdquo; (as defined in ERISA) that is subject to Title I of ERISA, (b) a &ldquo;plan&rdquo; as defined
in Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title
I of ERISA or Section 4975 of the Code) the assets of any such &ldquo;employee benefit plan&rdquo; or &ldquo;plan&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>BHC Act Affiliate</U>&rdquo; of a party
means an &ldquo;affiliate<FONT STYLE="color: red"><STRIKE>&rsquo;</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">&rdquo;</FONT>
(as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Board of Directors</U>&rdquo; means the
Board of Directors of the Borrower or any committee thereof duly authorized to act on behalf of such Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Bookrunners</U>&rdquo; means the entities
listed as &ldquo;Joint Bookrunners&rdquo; or &ldquo;Sole Bookrunner&rdquo; on the cover hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Borrower</U>&rdquo; means Sirius XM Radio
Inc., a Delaware corporation, and shall include any Successor Borrower that assumes the obligations of the Borrower in accordance with
Section 6.03.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Borrowing</U>&rdquo; means a group of
Loans of the same Type under a single Facility, made, converted or continued on the same date and, in the case of Eurocurrency Loans or
Term Benchmark Loans, as to which a single Interest Period is in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Borrowing Date</U>&rdquo; means any Business
Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Business Day</U>&rdquo; means any day
that is not a Saturday, Sunday or other day on which commercial banks in New York City are authorized or required by law to remain closed;
<I>provided </I>that, (a) when used in connection with a Eurocurrency Loan, the term &ldquo;Business Day&rdquo; shall also exclude any
day on which banks are not open for dealings in Dollar deposits in London interbank market and (b) when used in connection with a Loan
denominated in Canadian Dollars, the term &ldquo;Business Day&rdquo; shall also exclude any day on which commercial banks in Toronto,
Ontario are authorized or required by law to remain closed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Calculation Date</U>&rdquo; means, with
respect to Loans denominated in Canadian Dollars, the last day of each calendar quarter (or, if such day is not a Business Day, the next
succeeding Business Day); <I>provided</I>, that each Borrowing Date with respect to, and each date of any borrowing, conversion or continuation
of, any Loan denominated in Canadian Dollars shall also be a &ldquo;Calculation Date&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Canadian Dollars</U>&rdquo; or &ldquo;<U>C$</U>&rdquo;
means the lawful currency of Canada.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Canadian Entity</U>&rdquo; means Canadian
Satellite Radio Holdings Inc. (or any successor entity).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Canadian Prime Rate</U>&rdquo; means,
at any time, the rate of interest per annum equal to the greater of: (a) the rate equal to the PRIMCAN Index rate set forth on the Bloomberg
screen (or, in the event that the PRIMCAN Index does not appear on a page of the Bloomberg screen, on the appropriate page of such other
information service that publishes such index as shall be selected by the Administrative Agent from time to time in its reasonable discretion)
at 10:15 a.m. (Toronto time) on such day or the rate which the Administrative Agent then quotes, publishes and refers to as its &ldquo;prime
rate&rdquo; and which is its reference rate of interest for loans in Canadian Dollars to commercial borrowers, and (b) the sum of (i)
the average rates per annum for Canadian Dollar bankers&rsquo; acceptances having a term of one month that appears on the Reuters Screen
CDOR Page at 10:00 a.m. (Toronto time) on the date of determination, as reported by the Administrative Agent (and if such screen is not
available, any successor or similar service as may be selected by the Administrative Agent), and (ii) 1.00%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Capital Lease Obligations</U>&rdquo; of
any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right
to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital
leases on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined
in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Capital Stock</U>&rdquo; of any Person
means any and all shares, interests (including partnership interests), rights to purchase, warrants, options, participations or other
equivalents of or interests in (however designated) equity of such Person, including any Preferred Stock, but excluding any debt securities
convertible into such equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cash Equivalents</U>&rdquo; means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;any
investment in direct obligations of the United States of America, Canada or any country that is a member state of the European Union or
any agency or instrumentality thereof or obligations guaranteed by the United States of America, Canada or any country that is a member
state of the European Union or any agency or instrumentality thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;investments
in demand and time deposit accounts, certificates of deposit and money market deposits maturing within 365 days of the date of acquisition
thereof issued by a bank or trust company that is organized under the laws of the United States of America, any State thereof or any foreign
country recognized by the United States of America, and which bank or trust company has capital, surplus</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">and undivided profits aggregating in excess of $50,000,000
(or the foreign currency equivalent thereof) and has outstanding debt that is rated &ldquo;A&rdquo; (or such similar equivalent rating)
or higher by at least one nationally recognized statistical rating organization (as defined in Rule 436 under the Securities Act) or any
money-market fund sponsored by a registered broker-dealer or mutual fund distributor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;repurchase
obligations with a term of not more than 30 days for underlying securities of the types described in clause (a) above entered into with
a bank meeting the qualifications described in clause (b) above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;investments
in commercial paper, maturing not more than 365 days after the date of acquisition, issued by a corporation (other than an Affiliate of
the Borrower) organized and in existence under the laws of the United States of America or any foreign country recognized by the United
States of America with a rating at the time as of which any investment therein is made of &ldquo;P-2&rdquo; (or higher) according to Moody&rsquo;s
or &ldquo;A&#45;2&rdquo; (or higher) according to Standard &amp; Poor&rsquo;s;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;auction
rate preferred stock issued by a corporation and certificates issued by a corporation or municipality or government entity (other than
an Affiliate of the Borrower) organized and in existence under the laws of the United States of America or any foreign country recognized
by the United States with a rating at the time as of which any investment therein is made of &ldquo;A&rdquo; (or higher) according to
Moody&rsquo;s or Standard &amp; Poor&rsquo;s;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(f)&nbsp;investments
in securities with maturities of twelve months or less from the date of acquisition issued or fully guaranteed by any state, commonwealth
or territory of the United States of America, or by any political subdivision or taxing authority thereof, and rated at least &ldquo;A&rdquo;
by Moody&rsquo;s or &ldquo;A&rdquo; by Standard &amp; Poor&rsquo;s; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(g)&nbsp;investments
in money market funds that, in the aggregate, have at least $1,000,000,000 in assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cash Management Agreement</U>&rdquo; means
any agreement entered into from time to time by the Borrower or any of the Restricted Subsidiaries in connection with Cash Management
Services for collections, other Cash Management Services or for operating, payroll and trust accounts of such Person, including automatic
clearing house services, controlled disbursement services, electronic funds transfer services, information reporting services, lockbox
services, stop payment services and wire transfer services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cash Management Bank</U>&rdquo; means
any Person that (i) at the time it enters into a Cash Management Agreement or provides any Cash Management Services, is a Lender or an
Agent Party or an Affiliate of a Lender or an Agent Party, (ii) shall have become a Lender or an Agent Party or an Affiliate of a Lender
or an Agent Party at any time after it has entered into a Cash Management Agreement or provided any Cash Management Services or (iii)
in the case of any Cash Management Agreement in effect or any Cash Management Services provided, on or prior to the Closing Date, is,
as of the Closing Date, a Lender or an Agent Party or an Affiliate of a Lender or an Agent Party and a party to a Cash Management Agreement
or provider of Cash Management Services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cash Management Obligations</U>&rdquo;
shall mean obligations owed by the Borrower or any Restricted Subsidiary to any Cash Management Bank in connection with, or in respect
of, any Cash Management Services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cash Management Services</U>&rdquo; shall
mean (a) commercial credit cards, merchant card services, purchase or debit cards, including non-card e-payables services, (b) treasury
management services (including controlled disbursement, overdraft automatic clearing house fund transfer services, return items and interstate
depository network services) and (c) any other demand deposit or operating account relationships or other cash management services, including
under any Cash Management Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Casualty Event</U>&rdquo; shall mean any
involuntary loss of title, any involuntary loss of, damage to or any destruction of, or any condemnation or other taking (including by
any Governmental Authority) of, any property of the Borrower or any of its Subsidiaries. &ldquo;Casualty Event&rdquo; shall include but
not be limited to any taking of all or any</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">part of any real property of any person or any part thereof, in or
by condemnation or other eminent domain proceedings pursuant to any Requirement of Law, or by reason of the temporary requisition of the
use or occupancy of all or any part of any real property of any person or any part thereof by any Governmental Authority, civil or military,
or any settlement in lieu thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>CDOR</U>&rdquo; shall mean, with respect
to each day during each Interest Period pertaining to a Eurocurrency Borrowing denominated in Canadian Dollars, the rate per annum equal
to the average rate for bankers acceptances as administered by Thomson Reuters Benchmark Services Limited (or any other Person that takes
over the administration of such rate) for 30, 60 or 90 days or a tenor equal in length to such Interest Period as displayed on page CDOR
of the Reuters Screen (or, in the event such rate does not appear on such Reuters page, on any successor or substitute page on such screen
or service that displays such rate, or other appropriate page of such other information service that publishes such rate as shall be selected
from time to time by the Administrative Agent in consultation with the Borrower; in each case, the &ldquo;<U>CDOR Screen Rate</U>&rdquo;)
at approximately 10:00 A.M., Toronto, Ontario, time, on the first day of such Interest Period (or such other day as is generally treated
as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent); <U>provided</U>, that,
(x) if the CDOR Screen Rate shall not be available at such time for such Interest Period (a &ldquo;<U>CDOR Impacted Interest Period</U>&rdquo;)
with respect to Canadian Dollars, then the Relevant Rate for Canadian Dollars shall be the CDOR Interpolated Rate at such time and (y)
if the rate appearing on such Screen or determined pursuant to clause (x) shall be less than zero, such rate shall be deemed to be zero
for purposes of this Agreement. &ldquo;<U>CDOR Interpolated Rate</U>&rdquo; means, at any time, the rate per annum determined by the Administrative
Agent to be equal to the rate that results from interpolating on a linear basis between: (a) the CDOR Screen Rate for the longest period
(for which that CDOR Screen Rate is available in Canadian Dollars) that is shorter than the CDOR Impacted Interest Period and (b) the
CDOR Screen Rate for the shortest period (for which that CDOR Screen Rate is available for Canadian Dollars) that exceeds the CDOR Impacted
Interest Period, in each case, at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Change in Control</U>&rdquo; means the
occurrence of any of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;any
&ldquo;person,&rdquo; other than one or more Permitted Holders, is or becomes the &ldquo;beneficial owner,&rdquo; (except that for purposes
of this clause (a) such person shall be deemed to have &ldquo;beneficial ownership&rdquo; of all shares that any such person has the right
to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 50%
of the total voting power of the Voting Stock of the Borrower (or, to the extent the Satisfactory HoldCo is then in existence, the Satisfactory
HoldCo) (for the purposes of this clause (a), such other person shall be deemed to beneficially own any Voting Stock of a Person held
by any other Person (the &ldquo;parent entity&rdquo;), if such other person is the beneficial owner (as defined above in this clause (a)),
directly or indirectly, of more than 50% of the voting power of the Voting Stock of such parent entity);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;occupation
of a majority of the seats (other than vacant seats) on the board of directors of the Borrower by Persons who were not (i) directors of
the Borrower on the Fifth Amendment Effective Date that were nominated, appointed or approved for consideration by shareholders for election
by the board of directors of the Borrower, (ii) nominated or designated to be a director of the Borrower, directly or indirectly, by the
Permitted Holders or Persons nominated or designated by the Permitted Holders or (iii) appointed by directors so nominated, appointed
or approved;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;the
adoption of a plan relating to the liquidation or dissolution of the Borrower;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;the
direct or indirect sale, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one or a series
of related transactions, of all or substantially all of the properties or assets of the Borrower and its Restricted Subsidiaries taken
as a whole, to any &ldquo;person&rdquo; (as that term is used in Section 13(d)(3) of the Exchange Act) other than a Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;at
any time when a Satisfactory HoldCo is in existence and a HoldCo Pledge Agreement has been executed and delivered by the Satisfactory
HoldCo, such Satisfactory HoldCo ceases to own, directly, all of the Capital Stock of the Borrower.</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Notwithstanding anything to the contrary contained
herein, (i) the creation of a Satisfactory HoldCo or any parent entities thereof (the ownership of which is substantially similar to the
pre-formation ownership of such newly-formed parent entity&rsquo;s direct subsidiaries) shall not constitute a Change in Control, (ii)
a Person or &ldquo;group&rdquo; shall not be deemed to beneficially own securities subject to an equity or asset purchase agreement, merger
agreement or similar agreement (or voting or option or similar agreement related thereto) until the consummation of the transactions contemplated
by such agreement, (iii) if any &ldquo;group&rdquo; includes one or more Permitted Holders, the issued and outstanding Voting Stock of
the Borrower (or, for the avoidance of doubt, any Satisfactory Holdco or successor thereto) beneficially owned, directly or indirectly,
by any Permitted Holders that are part of such &ldquo;group&rdquo; shall not be treated as being beneficially owned by any other member
of such &ldquo;group&rdquo; for purposes of determining whether a Change in Control has occurred, (iv) a Person or &ldquo;group&rdquo;
will not be deemed to beneficially own the Voting Stock of another Person as a result of its ownership of Voting Stock or other securities
of such other Person&rsquo;s parent entity (or related contractual rights) unless it owns 50.0% or more of the total voting power of the
Voting Stock of such parent entity and (v) a distribution, directly or indirectly, of the Capital Stock of the Borrower by Liberty Media
<FONT STYLE="color: red"><STRIKE>Corporation</STRIKE></FONT>, Liberty Radio LLC or any of their respective Affiliates to their shareholders
(including, for the avoidance of doubt, to the holders of one or more series of tracking stock), or any earlier or related transaction
in furtherance thereof (as, for example, in connection with a reverse morris trust transaction or otherwise), shall not be a &ldquo;Change
in Control&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Change in Law</U>&rdquo; means (a) the
adoption of any law, rule or regulation after the Closing Date, (b) any change in any law, rule or regulation or in the interpretation
or application thereof by any Governmental Authority after the Closing Date or (c) compliance by any Lender (or, for purposes of Section
2.12(b), by any lending office of such Lender or by such Lender&rsquo;s holding company, if any) with any request, guideline or directive
(whether or not having the force of law) of any Governmental Authority made or issued after the Closing Date. For purposes of this definition,
(x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, regulations, guidelines or directives thereunder
or issued in connection therewith and (y) Basel III and all requests, rules, guidelines or directives thereunder or issued in connection
therewith, in each case to the extent issued or becoming effective after the Closing Date shall be deemed to have gone into effect after
the Closing Date, regardless of the date of the enabling or underlying legislation or agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>CIM</U>&rdquo; means the Confidential
Information Memorandum dated November 7, 2012 and made available to the Lenders in connection with the Lender meeting held on November
7, 2012 with respect to the Revolving Facility and this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Class</U>,&rdquo; when used in reference
to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans, Extended Revolving
Loans and Extended Revolving Commitments pursuant to the same Extension Amendment, Extended Incremental Term Loans under a Specified Extended
Incremental Term Facility, Replacement Loans extended on the same date or Incremental Term Loans established pursuant to the same Incremental
Term Facility Activation Notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Closing Date</U>&rdquo; means the date
on which the conditions precedent set forth in Section 4.01 are satisfied (or waived in accordance with Section 9.02).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>CME Term SOFR Administrator</U>&rdquo;
means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (or a successor
administrator).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Code</U>&rdquo; means the Internal Revenue
Code of 1986, as amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Collateral</U>&rdquo; has the meaning
assigned to such term or a similar term in each of the Collateral Documents and shall include all property pledged or granted (or purported
to be pledged or granted) as collateral pursuant to the Security Agreement and the Pledge Agreement on the Closing Date or thereafter
pursuant to Section 5.09 and, to the extent applicable, any HoldCo Collateral and excluding, for the avoidance of doubt, (x) the Capital
Stock of any Unrestricted Subsidiary or of any Receivables Subsidiary that engages in a Qualified Receivables Facility and (y) receivables
and related assets (or interests therein) (A) sold to any Receivables Subsidiary or (B) otherwise pledged, factored, transferred or sold
in connection with any Qualified Receivables Facility.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Collateral Documents</U>&rdquo; means
the Security Agreement, the Pledge Agreement, when and if applicable, the HoldCo Pledge Agreement, and each other security document, mortgage,
pledge agreement or collateral agreement executed and delivered in connection with this Agreement and/or the other Loan Documents to grant
a valid, perfected security interest in any property as collateral for the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Collateral Release</U>&rdquo; means a
release of all Collateral from the Liens created by the Security Agreement pursuant to Section 9.16(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Commitment Fee Rate</U>&rdquo; means (a)
on and after the Adjustment Date occurring with respect to the fiscal quarter ending March 31, 2015 until the Second Amendment Effective
Date, 0.30%, (b) on and after the Second Amendment Effective Date until the Adjustment Date occurring with respect to the fiscal quarter
ending June 30, 2015, 0.30%, (c) on and after such Adjustment Date and each subsequent Adjustment Date to but excluding the Third Amendment
Effective Date, a rate determined in accordance with the Pricing Grid as in effect during such period, (d) on and after the Third Amendment
Effective Date until the Adjustment Date occurring with respect to the fiscal quarter ending September 30, 2018, 0.25%, (e) on and after
such Adjustment Date and each subsequent Adjustment Date to but excluding the Fifth Amendment Effective Date, a rate determined in accordance
with the Pricing Grid as in effect during such period, (f) on and after the Fifth Amendment Effective Date until the Adjustment Date occurring
with respect to the fiscal quarter ending September 30, 2021, 0.25%, and (g) on and after such Adjustment Date and each subsequent Adjustment
Date, a percentage determined in accordance with the Pricing Grid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Commodity Exchange Act</U>&rdquo; means
the Commodity Exchange Act (7 U.S.C. &sect; 1 <I>et seq</I>.), as amended from time to time, and any successor statute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Communications Laws</U>&rdquo; has the
meaning assigned to such term in Section 3.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Income Tax Expense</U>&rdquo;
means, with respect to the Borrower for any period, the provision for federal, state, local and foreign taxes based on income or profits
(including franchise taxes) payable by the Borrower and its Restricted Subsidiaries for such period as determined on a consolidated basis
in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Interest Expense</U>&rdquo;
means, for any period, the total interest expense of the Borrower and its Restricted Subsidiaries for such period, whether paid or accrued
and whether or not capitalized (including amortization of debt issuance costs and original issue discount), non-cash interest payments,
the interest component of any deferred payment Obligations, the interest component of all payments associated with Capital Lease Obligations
and Attributable Debt, commissions, discounts and other fees and charges Incurred in respect of letter of credit or bankers&rsquo; acceptance
financings, and net of the effect of all payments made or received pursuant to Swap Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Net Income</U>&rdquo; means,
for any period, the net income of the Borrower and its consolidated Subsidiaries; <I>provided</I> that there shall not be included in
such Consolidated Net Income:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;any
net income of any Person (other than the Borrower) if such Person is not a Restricted Subsidiary, except that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&#9;(i)&#9;subject to the exclusion contained in clauses (c),
(d) and (e) below, the Borrower&rsquo;s equity in the net income of any such Person for such period shall be included in such Consolidated
Net Income up to the aggregate amount of cash actually distributed by such Person during such period to the Borrower or a Restricted Subsidiary
as a dividend or other distribution (subject, in the case of a dividend or other distribution paid to a Restricted Subsidiary, to the
limitations contained in clause (b) below);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 108pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&#9;(ii)&#9;the Borrower&rsquo;s equity in a net loss of any
such Person for such period shall be included in determining such Consolidated Net Income to the extent such loss has been funded with
cash from the Borrower or a Restricted Subsidiary;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;any
net income of any Restricted Subsidiary if such Restricted Subsidiary is subject to restrictions, directly or indirectly, on the payment
of dividends or the making of distributions by such Restricted Subsidiary, directly or indirectly, to the Borrower, except that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&#9;(i)&#9;subject to the exclusion contained in clauses (c),
(d) and (e) below, the Borrower&rsquo;s equity in the net income of any such Restricted Subsidiary for such period shall be included in
such Consolidated Net Income up to the aggregate amount of cash that could have been distributed by such Restricted Subsidiary during
such period to the Borrower or another Restricted Subsidiary as a dividend or other distribution (subject, in the case of a dividend or
other distribution paid to another Restricted Subsidiary, to the limitation contained in this clause); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&#9;(ii)&#9;the Borrower&rsquo;s equity in a net loss of any
such Restricted Subsidiary for such period shall be included in determining such Consolidated Net Income;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;any
gain (or loss) realized upon the sale or other disposition of any assets of the Borrower or its consolidated Restricted Subsidiaries (including
pursuant to any Sale/Leaseback Transaction) which is not sold or otherwise disposed of in the ordinary course of business and any gain
(or loss) realized upon the sale or other disposition of any Capital Stock of any Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;extraordinary
gains or losses; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;the
cumulative effect of a change in accounting principles,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">in each case, for such period. Notwithstanding the foregoing, for the
purpose of Section 6.05 only, there shall be excluded from Consolidated Net Income any repurchases, repayments or redemptions of Investments,
proceeds realized on the sale of Investments or return of capital to the Borrower or a Restricted Subsidiary to the extent such repurchases,
repayments, redemptions, proceeds or returns increase the amount of Restricted Payments permitted under such Section.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Operating Cash Flow</U>&rdquo;
means, with respect to the Borrower and its Restricted Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated
Net Income for such period increased (without duplication) by the sum of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;Consolidated
Income Tax Expense accrued for such period to the extent deducted in determining Consolidated Net Income for such period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;Consolidated
Interest Expense for such period to the extent deducted in determining Consolidated Net Income for such period; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;depreciation,
amortization and any other noncash items for such period to the extent deducted in determining Consolidated Net Income for such period
(other than any noncash item which requires the accrual of, or a reserve for, cash charges for any future period) of the Borrower and
the Restricted Subsidiaries (including amortization of capitalized debt issuance costs for such period, any noncash compensation expense
realized for grants of stock options or other rights to officers, directors, consultants and employees and noncash charges related to
equity granted to third parties), all of the foregoing determined on a consolidated basis in accordance with GAAP, and decreased by noncash
items to the extent they increase Consolidated Net Income (including the partial or entire reversal of reserves taken in prior periods,
but excluding reversals of accruals or reserves for cash charges taken in prior periods) for such period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Secured Debt</U>&rdquo; means,
as of any date of determination, Consolidated Total Debt secured by a Lien on any assets or property of the Credit Parties.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Total Assets</U>&rdquo; means
the total assets of the Borrower and its Restricted Subsidiaries, as shown on the most recent balance sheet of the Borrower, determined
on a consolidated basis in accordance with GAAP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Consolidated Total Debt</U>&rdquo; means,
as of any date of determination, (a) the aggregate principal amount of all indebtedness of the Borrower and its Restricted Subsidiaries
outstanding on such date of determination consisting of debt for borrowed money, unreimbursed drawings under letters of credit, Capital
Lease Obligations and debt obligations evidenced by notes or similar instruments, determined on a consolidated basis in accordance with
GAAP <U>minus</U> (b) the aggregate amount of cash and Cash Equivalents on the consolidated balance sheet of the Borrower and the Restricted
Subsidiaries as of such date of determination, excluding cash and Cash Equivalents which are listed as &ldquo;restricted&rdquo; on the
consolidated balance sheet of the Borrower and the Restricted Subsidiaries as of such date of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Control</U>&rdquo; means the possession,
directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability
to exercise voting power, by contract or otherwise. &ldquo;<U>Controlling</U>&rdquo; and &ldquo;<U>Controlled</U>&rdquo; have meanings
correlative thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Corrective Extension Amendment</U>&rdquo;
has the meaning assigned to such term in Section 2.19(e).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Corresponding Tenor</U>&rdquo; with respect
to any Available Tenor shall mean, as applicable, either a tenor (including overnight) or an interest payment period having approximately
the same length (disregarding business day adjustment) as such Available Tenor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Covered Entity</U>&rdquo; means any of
the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(i) a &ldquo;covered entity&rdquo; as that term
is defined in, and interpreted in accordance with, 12 C.F.R. &sect; 252.82(b);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(ii) a &ldquo;covered bank&rdquo; as that term is
defined in, and interpreted in accordance with, 12 C.F.R. &sect; 47.3(b); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(iii) a &ldquo;covered FSI&rdquo; as that term is
defined in, and interpreted in accordance with, 12 C.F.R. &sect; 382.2(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Covered Party</U>&rdquo; has the meaning
assigned to such term in &#8206;Section 9.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Credit Documents</U>&rdquo; means the
collective reference to the Loan Documents and the HoldCo Pledge Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Credit Parties</U>&rdquo; means the collective
reference to the Loan Parties and, following the commencement of any Suspension Period, Satisfactory HoldCo.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cure Amount</U>&rdquo; shall have the
meaning assigned to such term in Section 7.02.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cure Deadline</U>&rdquo; shall have the
meaning assigned to such term in Section 7.02.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Cure Right</U>&rdquo; shall have the meaning
assigned to such term in Section 7.02.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Current Term SOFR</U>&rdquo; shall mean,
with respect to any Term Benchmark Borrowing, and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference
Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable
to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Customary Intercreditor Agreement</U>&rdquo;
shall mean (a) to the extent executed in connection with the Incurrence of Secured Indebtedness, the Liens on the Collateral securing
such Secured Indebtedness which are intended to rank equal in priority to the Liens on the Collateral securing the Obligations (but without
regard to the control of remedies), pursuant to clause (x) (or clause (p) as it relates to clause (x)) of the definition of Permitted
Liens, at the option of the Borrower and the Administrative Agent acting together in good faith, either (i) any</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">intercreditor agreement substantially consistent with the Form of Equal
Priority Intercreditor Agreement attached hereto as <U>Exhibit L&#45;1</U> or (ii) a customary intercreditor agreement in form and substance
reasonably acceptable to the Administrative Agent and the Borrower, which agreement shall provide that the Liens on the Collateral securing
such Secured Indebtedness shall rank equal in priority to the Liens on the Collateral securing the Obligations (but without regard to
the control of remedies) and (b) to the extent executed in connection with the Incurrence of Secured Indebtedness, the Liens on the Collateral
securing such Secured Indebtedness which are intended to rank junior to the Liens on the Collateral securing the Obligations, at the option
of the Borrower and the Administrative Agent acting together in good faith, either (i) an intercreditor agreement substantially consistent
with the Form of Junior Priority Intercreditor Agreement attached hereto as <U>Exhibit L&#45;2</U> or (ii) a customary intercreditor agreement
in form and substance reasonably acceptable to the Administrative Agent and the Borrower, which agreement shall provide that the Liens
on the Collateral securing such Secured Indebtedness shall rank junior to the Liens on the Collateral securing the Obligations.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Daily Simple SOFR</U>&rdquo; shall mean,
for any day (a &ldquo;<U>SOFR Rate Day</U>&rdquo;), a rate per annum equal to SOFR for the day (such day &ldquo;<U>SOFR Determination
Date</U>&rdquo;) that is five (5) U.S. Government Securities Business Days prior to (i) if such SOFR Rate Day is an U.S. Government Securities
Business Day, such SOFR Rate Day or (ii) if such SOFR Rate Day is not a U.S. Government Securities Business Day, the U.S. Government Securities
Business Day immediately preceding such SOFR Rate Day, in each case, as such SOFR is published by the SOFR Administrator on the SOFR Administrator&rsquo;s
Website. Any change in Daily Simple SOFR due to a change in SOFR shall be effective from and including the effective date of such change
in SOFR without notice to the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Default</U>&rdquo; means any event or
condition which constitutes an Event of Default or which upon notice, lapse of time or both would, unless cured or waived, become an Event
of Default.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Default Right</U>&rdquo; has the meaning
assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. &sect;&sect; 252.81, 47.2 or 382.1, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Defaulting Lender</U>&rdquo; means any
Lender that (a) has failed, within two Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans,
(ii) fund any portion of its participations in Letters of Credit or (iii) pay over to any Agent Party any amount required to be paid by
it hereunder, unless, in the case of clause (i) above, such Lender notifies the Administrative Agent and the Borrower in writing that
such failure is the result of such Lender&rsquo;s good faith determination that a condition precedent to such funding or payment has not
been satisfied, or, in the case of clause (ii) or clause (iii) above, such Lender notifies the Administrative Agent in writing that such
failure is the result of a good faith dispute regarding its obligation to make such funding or payment; (b) has notified the Borrower
or any Agent Party in writing, or has made a public statement to the effect, that it does not intend to comply with any of its funding
or payment obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender&rsquo;s
good faith determination that a condition precedent to such funding or payment under this Agreement cannot be satisfied); (c) has failed,
within three Business Days after request by the Administrative Agent or Issuing Bank, acting in good faith, to provide a certification
in writing from an authorized officer of such Lender that it will comply with its obligations under this Agreement, <I>provided</I> that
such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Agent Party&rsquo;s receipt of such certification;
or (d) has become the subject of a Bankruptcy Event or a Bail-In Action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Designated Non-Cash Consideration</U>&rdquo;
means the Fair Value of consideration that is not deemed to be cash or Cash Equivalents and that is received by the Borrower or any of
its Restricted Subsidiaries in connection with an Asset Disposition pursuant to Section 6.04 that is designated as Designated Non-Cash
Consideration pursuant to a certificate of an authorized officer of the Borrower delivered to the Administrative Agent, setting forth
the basis of such valuation (less the amount of the amount of cash or Cash Equivalents received in connection with a subsequent Asset
Disposition of such Designated Non-Cash Consideration).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Disclosed Matters</U>&rdquo; means the
actions, suits, proceedings and claims disclosed from time to time prior to the date of a representation in the Borrower&rsquo;s quarterly,
annual or interim public filings with the Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Disqualified Stock</U>&rdquo; means, with
respect to any Person, any Capital Stock which by its terms (or by the terms of any security into which it is convertible or for which
it is exchangeable at the option of the holder) or upon</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">the happening of any event (a) matures or is mandatorily redeemable
(other than redeemable only for Capital Stock of such Person which is not itself Disqualified Stock) pursuant to a sinking fund obligation
or otherwise, (b) is convertible or exchangeable at the option of the holder for Indebtedness or Disqualified Stock or (c) is mandatorily
redeemable or must be purchased upon the occurrence of certain events or otherwise, in whole or in part; in each case on or prior to the
date that is 91 days after the Latest Maturity Date; <I>provided</I>, <I>however</I>, that any Capital Stock that would not constitute
Disqualified Stock but for provisions thereof giving holders thereof the right to require such Person to purchase or redeem such Capital
Stock upon the occurrence of an &ldquo;asset sale,&rdquo; &ldquo;casualty event&rdquo; or &ldquo;change of control&rdquo; shall not constitute
Disqualified Stock if any such requirement only becomes operative after repayment in full of the Loans and all other Obligations (other
than Swap Obligations under any Secured Swap Agreement, Cash Management Obligations under any Secured Cash Management Agreement or contingent
indemnification obligations and other contingent obligations) and the termination of the Revolving Commitments.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The amount of any Disqualified Stock that does not
have a fixed redemption, repayment or repurchase price will be calculated in accordance with the terms of such Disqualified Stock as if
such Disqualified Stock were redeemed, repaid or repurchased on any date on which the amount of such Disqualified Stock is to be determined
pursuant to this Agreement; <I>provided</I>, <I>however</I>, that if such Disqualified Stock could not be required to be redeemed, repaid
or repurchased at the time of such determination, the redemption, repayment or repurchase price will be the book value of such Disqualified
Stock as reflected in the most recent financial statements of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Dollar Equivalent</U>&rdquo; means, for
any amount, at the time of determination thereof, (a) if such amount is expressed in Dollars, such amount, (b) if such amount is expressed
in an Canadian Dollars, the equivalent of such amount in Dollars determined by using the rate of exchange for the purchase of Dollars
with Canadian Dollars in the London foreign exchange market at or about 11:00 a.m. London time (or New York time, as applicable) on a
particular day as displayed by ICE Data Services as the &ldquo;ask price&rdquo;, or as displayed on such other information service which
publishes that rate of exchange from time to time in place of ICE Data Services (or if such service ceases to be available, the equivalent
of such amount in Dollars as determined using any method of determination the Borrower and the Administrative Agent reasonably agree).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Dollars</U>&rdquo; or &ldquo;<U>$</U>&rdquo;
refers to lawful money of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Domestic Subsidiary</U>&rdquo; means any
Restricted Subsidiary of the Borrower organized under the laws of the United States, any state thereof or the District of Columbia.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>EEA Financial Institution</U>&rdquo; means
(a) any institution established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any
entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any
institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition
and is subject to consolidated supervision with its parent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>EEA Member Country</U>&rdquo; means any
of the member states of the European Union, Iceland, Liechtenstein, and Norway.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>EEA Resolution Authority</U>&rdquo; means
any public administrative authority or any Person entrusted with public administrative authority of any EEA Member Country (including
any delegee) having responsibility for the resolution of any EEA Financial Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Eighth Amendment</U>&rdquo; means Amendment
No. 8 to Credit Agreement, dated as of the Eighth Amendment Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Eighth Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 3 of the Eighth Amendment are satisfied (or waived), which date
is December 29, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Eighth Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Eighth Amendment and the execution, delivery and performance by the
Credit Parties of any document executed in connection therewith.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Electronic Signature</U>&rdquo; shall
have the meaning assigned to such term in Section 9.07.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Embargoed Person</U>&rdquo; shall mean
any Person that (a) is publicly identified on the most current list of &ldquo;Specially Designated Nationals and Blocked Persons&rdquo;
published by the OFAC or resides, is organized or chartered, or has a place of business in a country or territory subject to sanctions
or embargo programs administered by OFAC or (b) is publicly identified as prohibited from doing business with the United States under
the International Emergency Economic Powers Act or the Trading With the Enemy Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Environment</U>&rdquo; means ambient air,
indoor air, surface water and groundwater (including potable water, navigable water and wetlands), the land surface or subsurface strata,
natural resources, the workplace or as otherwise defined in any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Environmental Laws</U>&rdquo; means all
laws, rules, regulations, codes, ordinances, orders, decrees, judgments, injunctions, notices or binding agreements issued, promulgated
or entered into by any Governmental Authority, relating in any way to the Environment, preservation or reclamation of natural resources,
the management, release or threatened release of any Hazardous Material.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Environmental Liability</U>&rdquo; means
any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities),
of the Borrower or any Restricted Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law,
(b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous
Materials, (d) the Release or threatened Release of any Hazardous Materials into the Environment or (e) any contract, agreement or other
consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>ERISA</U>&rdquo; means the Employee Retirement
Income Security Act of 1974, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>ERISA Affiliate</U>&rdquo; means any trade
or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c)
of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section
414 of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>ERISA Event</U>&rdquo; means (a) any &ldquo;reportable
event&rdquo; (as defined in Section 4043(c) of ERISA or the regulations issued thereunder with respect to a Plan) other than an event
for which the 30-day notice period is waived; (b) any failure by any Plan to satisfy the minimum funding standards (within the meaning
of Sections 412 or 430 of the Code or Section 302 of ERISA) applicable to such Plan, whether or not waived; (c) the filing pursuant to
Section 412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to any
Plan; (d) the failure to make by its due date a required installment under Section 430(j) of the Code with respect to any Plan or the
failure by the Borrower or any of its ERISA Affiliates to make any required contribution to a Multiemployer Plan; (e) the incurrence by
the Borrower or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect to the termination of any Plan, including
but not limited to the imposition of any Lien in favor of the PBGC or any Plan; (f) a determination that any Plan is, or is expected to
be, in &ldquo;at risk&rdquo; status (within the meaning of Section 430 of the Code or Title IV of ERISA); (g) the receipt by the Borrower
or any ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan or to appoint
a trustee to administer any Plan; (h) the incurrence by the Borrower or any of its ERISA Affiliates of any liability with respect to the
withdrawal or partial withdrawal from any Plan or Multiemployer Plan; or (i) the receipt by the Borrower or any ERISA Affiliate of any
notice, or the receipt by any Multiemployer Plan from the Borrower or any ERISA Affiliate of any notice, concerning the imposition of
Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, Insolvent, in Reorganization or in endangered
or critical status, within the meaning of Section 432 of the Code or Section 305 of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>EU Bail-In Legislation Schedule</U>&rdquo;
means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to
time.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Eurocurrency</U>,&rdquo; when used in
reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate
determined by reference to (x) prior to the Automatic SOFR Conversion Date, the LIBO Rate or CDOR, as the case may be, and (y) on or following
the Automatic SOFR Conversion Date, CDOR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Event of Default</U>&rdquo; has the meaning
assigned to such term in Article VII.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Exchange Act</U>&rdquo; means the Securities
Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Excluded Swap Obligation</U>&rdquo; means,
with respect to any Subsidiary Guarantor, (a) any Swap Obligation if, and to the extent that, all or a portion of the Guarantee of such
Subsidiary Guarantor pursuant to the Guarantee of, or the grant by such Subsidiary Guarantor of a security interest to secure, such Swap
Obligation (or any Guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation, or order of the
Commodity Futures Trading Commission (or the application or official interpretation of any thereof) (i) by virtue of such Subsidiary Guarantor&rsquo;s
failure to constitute an &ldquo;eligible contract participant,&rdquo; as defined in the Commodity Exchange Act and the regulations thereunder
(determined after giving pro forma effect to any applicable keep well, support, or other agreement for the benefit of such Subsidiary
Guarantor and any and all applicable Guarantees of such Subsidiary Guarantor&rsquo;s Swap Obligations by other Credit Parties), at the
time the Guarantee of (or grant of such security interest by, as applicable) such Subsidiary Guarantor becomes or would become effective
with respect to such Swap Obligation or (ii) in the case of a Swap Obligation that is subject to a clearing requirement pursuant to section
2(h) of the Commodity Exchange Act, because such Subsidiary Guarantor is a &ldquo;financial entity,&rdquo; as defined in section 2(h)(7)(C)
of the Commodity Exchange Act, at the time the Guarantee of (or grant of such security interest by, as applicable) such Subsidiary Guarantor
becomes or would become effective with respect to such Swap Obligation or (b) any other Swap Obligation designated as an &ldquo;Excluded
Swap Obligation&rdquo; of such Subsidiary Guarantor as specified in any agreement between the relevant Credit Parties and Secured Swap
Bank applicable to such Swap Obligations. If a Swap Obligation arises under a master agreement governing more than one Swap, such exclusion
shall apply only to the portion of such Swap Obligation that is attributable to the Swap for which such Guarantee or security interest
is or becomes excluded in accordance with the first sentence of this definition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Excluded Taxes</U>&rdquo; means in the
case of each Lender, the Administrative Agent or any other recipient of any payment to be made by or on account of any obligation of any
Loan Party under any Loan Document, (a) Taxes imposed on its net income, and franchise Taxes imposed on it in lieu of net income Taxes,
by a jurisdiction as a result of such recipient being organized or having its principal office or applicable lending office in such jurisdiction
or as a result of any other present or former connection between such recipient and such jurisdiction (other than a connection arising
solely from such recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received
or perfected a security interest under, engaged in any other transaction pursuant to, and/or enforced any Loan Documents), (b) any branch
profits Tax pursuant to Section 884(a) of the Code, or any similar Tax, imposed by any jurisdiction described in clause (a), (c) any U.S.
federal withholding Tax imposed pursuant to any Requirement of Law in effect on the date on which such recipient became a party to this
Agreement (or changed its applicable lending office) except to the extent such Lender&rsquo;s assignor (if any) was entitled immediately
prior to such change in applicable lending office to receive additional amounts in respect of such withholding Tax pursuant to Section
2.14(a), (d) any Tax that is attributable to a Lender&rsquo;s failure to comply with Section 2.14(e); and (e) any Taxes imposed pursuant
to FATCA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Existing
Debentures&rdquo; means the 2.75% Exchangeable Senior Debentures due 2049 issued under the 2.75% Exchangeable Senior Debentures Indenture.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Existing
Liberty Exchangeable Indenture&rdquo; means the Indenture, dated as of November 26, 2019, by and among Liberty Media, as issuer, and U.S.
Bank National Association, as trustee (as amended or supplemented from time to time as expressly permitted by the Merger Agreement) relating
to the Existing Debentures.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Existing Incremental Term Loan Class</U>&rdquo;
has the meaning assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Existing Notes</U>&rdquo; means the Borrower&rsquo;s
3.875% senior notes due 2022, the Borrower&rsquo;s 4.625% senior notes due 2023, the Borrower&rsquo;s 6.00% senior notes due 2024, the
Borrower&rsquo;s 5.375% senior notes due 2025, the 2026</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Notes and the <FONT STYLE="color: red"><STRIKE>Borrower&rsquo;s 5.000%
senior notes due </STRIKE></FONT>2027 <FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">Notes</FONT>,
in each case issued pursuant to the Existing Notes Indentures and any registered notes issued by the Borrower in exchange for, and as
contemplated by, such notes with substantially identical terms as such notes, and, in each case, any Refinancing Indebtedness in respect
thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Existing Notes Indentures</U>&rdquo; means
any indenture pursuant to which the Existing Notes are issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Existing Revolving Commitment Class</U>&rdquo;
has the meaning assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extended Incremental Term Facility</U>&rdquo;
has the meaning assigned to such term in the definition of &ldquo;Facility.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extended Incremental Term Loans</U>&rdquo;
has the meaning assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extended Revolving Commitments</U>&rdquo;
has the meaning assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extended Revolving Facility</U>&rdquo;
has the meaning assigned to such term in the definition of &ldquo;Facility.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extended Revolving Loans</U>&rdquo; has
the meaning assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extending Incremental Term Lender</U>&rdquo;
has the meaning assigned to such term in Section 2.19(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extending Revolving Lender</U>&rdquo;
has the meaning assigned to such term in Section 2.19(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extension</U>&rdquo; has the meaning assigned
to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extension Amendment</U>&rdquo; has the
meaning assigned to such term in Section 2.19(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extension Election</U>&rdquo; has the
meaning assigned to such term in Section 2.19(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Extension Request</U>&rdquo; has the meaning
assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Facility</U>&rdquo; means any of (a) the
credit facility constituted by the Revolving Commitments and the extensions of credit thereunder (the &ldquo;<U>Revolving Facility</U>&rdquo;),
(b) the credit facility constituted by any Class of Extended Revolving Commitments created under a separate Extension Amendment (each
an &ldquo;<U>Extended Revolving Facility</U>&rdquo;), (c) the credit facility constituted by any Class of Incremental Term Loans (including,
for the avoidance of doubt, the 2022 Incremental Term Loans<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD"> and
the 2024 Incremental Delayed Draw Term Loans</FONT>) Incurred under a separate Incremental Term Facility Activation Notice (each, an &ldquo;<U>Incremental
Term Facility</U>&rdquo;) and (d) the credit facility constituted by any Class of Extended Incremental Term Loans created under a separate
Extension Amendment (each, an &ldquo;<U>Extended Incremental Term Facility</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fair Value</U>&rdquo; means the amount
at which the assets (both tangible and intangible) of the applicable Person and its Subsidiaries would change hands between a willing
buyer or buyers and a willing seller within a reasonably prompt period of time in an arm&rsquo;s-length transaction or transactions under
present conditions for the sale of comparable assets insofar as such conditions can be reasonably evaluated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>FATCA</U>&rdquo; means Sections 1471 through
1474 of the Code as in effect on the date hereof (and any amended or successor version thereof that is substantively comparable and not
materially more onerous to comply with), any current or future Treasury regulations, other official administrative interpretations thereof
and any agreements entered into pursuant to Section 1471(b)(1) of the current Code, or any amended or successor version described above
and any intergovernmental agreements (and any related laws or official administrative guidance) implementing the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>FCC</U>&rdquo; means the Federal Communications
Commission, and any successor entity performing similar functions.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>FCC License Subsidiary</U>&rdquo; means
Satellite CD Radio LLC, a Delaware limited liability company and a Wholly Owned Subsidiary, XM Radio LLC, a Delaware limited liability
company and a Wholly Owned Subsidiary, and any other Restricted Subsidiary formed for the sole purpose of holding FCC Licenses and all
of the issued and outstanding Capital Stock of which is owned by the Borrower and the Subsidiary Guarantors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>FCC Licenses</U>&rdquo; means all authorizations,
orders, licenses and permits issued by the FCC to the Borrower or any of its Restricted Subsidiaries under which the Borrower or any of
its Restricted Subsidiaries is authorized to launch and operate any of its Satellites or to operate any of its earth stations to provide
satellite digital radio service in the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>FCPA</U>&rdquo; means the Foreign Corrupt
Practices Act of 1977, as amended, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Federal Funds Effective Rate</U>&rdquo;
means, for any day, the rate calculated by the New York Fed based on such day&rsquo;s federal funds transactions by depository institutions
(as determined in such manner as the New York Fed shall set forth on its public website from time to time) and published on the next succeeding
Business Day by the New York Fed as the federal funds effective rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Federal Reserve Board</U>&rdquo; means
the Board of Governors of the Federal Reserve System of the United States of America.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fifth Amendment</U>&rdquo; means Amendment
No. 5 to Credit Agreement, dated as of the Fifth Amendment Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fifth Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 4 of the Fifth Amendment are satisfied (or waived), which date is
August 31, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fifth Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Fifth Amendment, the execution, delivery and performance by the Credit
Parties of any document executed in connection therewith, the borrowing of Loans on or after the Fifth Amendment Effective Date and the
use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Financial Officer</U>&rdquo; means the
chief executive officer, president, chief financial officer, principal accounting officer, treasurer, assistant treasurer, controller
or assistant controller of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>First Lien Obligations</U>&rdquo; means
the Obligations and any Permitted Additional Debt Obligations that are secured by a Lien on the Collateral ranking (or intended to rank)
equal in priority (but without regard to the control of remedies) to the Liens on the Collateral securing the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Floor</U>&rdquo; means <FONT STYLE="color: red"><STRIKE>(x)
with respect to any Revolving Loans prior to the Automatic SOFR Conversion Date, the benchmark rate floor, if any, provided in this Agreement
as of the Fifth Amendment Effective Date (or the date of any further modification, amendment or renewal of this Agreement or otherwise)
with respect to LIBO Rate and (y) otherwise, the benchmark rate floor, if any, provided in this Agreement as of the Sixth Amendment Effective
Date (or the date of any further modification, amendment or renewal of this Agreement or otherwise) with respect to the Adjusted Term
SOFR Rate; </STRIKE><U><STRIKE>provided</STRIKE></U> <STRIKE>that, for the avoidance of doubt the initial Floor for the Adjusted Term
SOFR Rate shall be </STRIKE></FONT>zero.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Foreign Lender</U>&rdquo; means any Lender
that is not a &ldquo;United States person&rdquo; as defined in Section 7701(a)(30) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Foreign Subsidiary</U>&rdquo; means any
Restricted Subsidiary of the Borrower that is not a Domestic Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fourth Amendment</U>&rdquo; means Amendment
No. 4 to Credit Agreement, dated as of the Fourth Amendment Effective Date.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fourth Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 2 of the Fourth Amendment are satisfied (or waived), which date
is August 16, 2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Fourth Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Fourth Amendment, the execution, delivery and performance by the
Credit Parties of any document executed in connection therewith, the borrowing of Loans on or after the Fourth Amendment Effective Date
and the use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>GAAP</U>&rdquo; means generally accepted
accounting principles in the United States of America as in effect from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Governmental Authority</U>&rdquo; means
the government of the United States of America, any other nation or any political subdivision thereof, whether state or local, and any
agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial,
taxing, regulatory or administrative powers or functions of or pertaining to government.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Guarantee</U>&rdquo; of or by any Person
(the &ldquo;<U>guarantor</U>&rdquo;) means any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic
effect of guaranteeing any Indebtedness or other similar monetary obligation of any other Person (the &ldquo;<U>primary obligor</U>&rdquo;)
in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a) to purchase or pay
(or advance or supply funds for the purchase or payment of) such Indebtedness or other similar monetary obligation or to purchase (or
to advance or supply funds for the purchase of) any security for the payment thereof, (b) to purchase or lease property, securities or
services for the purpose of assuring the owner of such Indebtedness or other similar monetary obligation of the payment thereof, (c) to
maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable
the primary obligor to pay such Indebtedness or other similar monetary obligation or (d) as an account party in respect of any letter
of credit or letter of guaranty issued to support such Indebtedness or other similar monetary obligation; <I>provided</I> that the term
Guarantee shall not include endorsements for collection or deposit in the ordinary course of business or customary and reasonable indemnity
obligations in effect on the Fifth Amendment Effective Date or entered into in connection with any acquisition or disposition of assets
permitted under this Agreement (other than with respect to Indebtedness). The amount of any Guarantee shall be deemed to be an amount
equal to the stated or determinable amount of the Indebtedness or other similar monetary obligation in respect of which such Guarantee
is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required
to perform thereunder) as determined by such Person in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Hazardous Materials</U>&rdquo; means all
explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes or other pollutants, including petroleum or
petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and
all other substances or wastes of any nature regulated pursuant to any Environmental Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>HoldCo Collateral</U>&rdquo; means any
&ldquo;Collateral&rdquo; under and as defined in the HoldCo Pledge Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>HoldCo Condition</U>&rdquo; means that
(a) a Satisfactory HoldCo has been formed and (b) such Satisfactory HoldCo has executed and delivered the HoldCo Pledge Agreement and
has validly pledged 100% of the Capital Stock of the Borrower to the Administrative Agent for the benefit of the Secured Parties for a
period of no less than 91 consecutive calendar days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>HoldCo Pledge Agreement</U>&rdquo; means
a pledge agreement whereby the Satisfactory HoldCo pledges the Capital Stock in the Borrower, substantially in the form of <U>Exhibit
E</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Base Amount</U>&rdquo; means,
since the Fifth Amendment Effective Date, $2,000,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Revolving Commitment</U>&rdquo;
means an increased or new Revolving Commitment incurred in connection with an Incremental Revolving Commitment Activation Notice.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Revolving Commitment Activation
Notice</U>&rdquo; means a notice substantially in the form of <U>Exhibit G&#45;3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Revolving Commitment Closing
Date</U>&rdquo; means any Business Day designated as such in an Incremental Revolving Commitment Activation Notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Incremental
Term Facility&rdquo; has the meaning assigned to such term in the definition of &ldquo;Facility.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Term Facility Activation Notice</U>&rdquo;
means a notice substantially in the form of <U>Exhibit G&#45;2</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Term Facility Closing Date</U>&rdquo;
means any Business Day designated as such in an Incremental Term Facility Activation Notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Term Lenders</U>&rdquo; means
(a) on any Incremental Term Facility Closing Date relating to Incremental Term Loans, the Lenders signatory to the relevant Incremental
Term Facility Activation Notice and, without duplication, (b) each Lender that is a holder of an Incremental Term Loan from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Term
Loans</U>&rdquo; means any term loans borrowed in connection with an Incremental Term Facility Activation Notice including,
for the avoidance of doubt, the 2022 Incremental Term Loans<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">
and the 2024 Incremental Delayed Draw Term Loans</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incremental Term
Maturity Date</U>&rdquo; means, with respect to any Class of the Incremental Term Loans to be made pursuant to any
Incremental Term Facility Activation Notice, the final maturity date specified in such Incremental Term Facility Activation
Notice with respect to such Class. Incremental Term Maturity Date for the 2022 Incremental Term Loans is April 11, 2024.<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">
The Incremental Term Maturity Date for the 2024 Incremental Delayed Draw Term Loans is the 2024 Incremental Delayed Draw
Maturity Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Incur</U>&rdquo; means issue, assume,
Guarantee, incur or otherwise become liable for; <I>provided</I>, <I>however</I>, that any Indebtedness of a Person existing at the time
such Person becomes a Restricted Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be Incurred
by such Person at the time it becomes a Restricted Subsidiary. The term &ldquo;Incurrence&rdquo; when used as a noun shall have a correlative
meaning. Solely for purposes of determining compliance with Section 6.01:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;amortization
of debt discount or the accretion of principal with respect to a non-interest bearing or other discount security;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;the
payment of regularly scheduled interest in the form of additional Indebtedness of the same instrument or the payment of regularly scheduled
dividends on Capital Stock in the form of additional Capital Stock of the same class and with the same terms; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;the
obligation to pay a premium in respect of Indebtedness arising in connection with the issuance of a notice of redemption or making of
a mandatory offer to purchase such Indebtedness,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">will not be deemed to be the Incurrence of Indebtedness.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Indebtedness</U>&rdquo; means, with respect
to any Person on any date of determination (without duplication):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;the
principal in respect of (i) indebtedness of such Person for money borrowed and (ii) indebtedness evidenced by notes, debentures, bonds
or other similar instruments for the payment of which such Person is responsible or liable, including, in each case, any premium on such
indebtedness to the extent such premium has become due and payable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;all
Capital Lease Obligations of such Person and all Attributable Debt in respect of Sale/Leaseback Transactions entered into by such Person;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;all
obligations of such Person issued or assumed as the deferred purchase price of property, all conditional sale obligations of such Person
and all obligations of such Person under any title retention agreement (but excluding any accounts payable or other liability to trade
creditors arising in the ordinary course of business), in each case only if and to the extent due more than 12 months after the delivery
of property;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;the
principal component of all obligations of such Person for the reimbursement of any obligor on any letter of credit or bankers&rsquo; acceptance,
other than obligations with respect to letters of credit securing obligations (other than obligations described in clauses (a) through
(c) above) entered into in the ordinary course of business of such Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;the
principal component of the amount of all obligations of such Person with respect to the redemption, repayment or other repurchase of any
Disqualified Stock of such Person or, with respect to any Preferred Stock of any Restricted Subsidiary of such Person, the principal amount
attributable to such Preferred Stock to be determined in accordance with this Agreement (but excluding, in each case, any accrued dividends);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(f)&nbsp;all
obligations of the type referred to in clauses (a) through (e) of other Persons and all dividends of other Persons for the payment of
which, in either case, such Person is responsible or liable, directly or indirectly, as obligor, guarantor or otherwise, including by
means of any Guarantee;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(g)&nbsp;all
obligations of the type referred to in clauses (a) through (f) of other Persons secured by any Lien on any property or asset of such Person
(whether or not such obligation is assumed by such Person), the amount of such obligation being deemed to be the lesser of the fair market
value of such property or assets and the amount of the obligation so secured; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(h)&nbsp;to
the extent not otherwise included in this definition, Swap Obligations of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Notwithstanding the foregoing, in connection with
the purchase by the Borrower or any Restricted Subsidiary of any business, the term &ldquo;Indebtedness&rdquo; will exclude post-closing
payment adjustments to which the seller may become entitled to the extent such payment is determined by a final closing balance sheet
or such payment depends on the performance of such business after the closing; <I>provided</I>, <I>however</I>, that, at the time of closing,
the amount of any such payment is not determinable and, to the extent such payment thereafter becomes fixed and determined, the amount
is paid within 30 days thereafter. Furthermore, in no event shall the Borrower&rsquo;s or any Restricted Subsidiary&rsquo;s obligations
in respect of ordinary course trade payables pursuant to any programming, content acquisition, automotive, retail distribution, satellite
or chip set acquisition arrangements, in each case, consistent with past practice, be considered Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The amount of Indebtedness of any Person at any
date shall be the outstanding balance at such date of all obligations as described above; <I>provided</I>, <I>however</I>, that in the
case of Indebtedness sold at a discount, the amount of such Indebtedness at any time will be the accreted value thereof at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Indemnified Taxes</U>&rdquo; means any
Taxes other than Excluded Taxes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Information</U>&rdquo; has the meaning
assigned to such term in Section 9.13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Insolvent</U>&rdquo; with respect to any
Multiemployer Plan means the condition that such Multiemployer Plan is insolvent within the meaning of Section 4245 of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Intellectual Property</U>&rdquo; means
the collective reference to all rights relating to intellectual property, whether arising under United States, multinational or foreign
laws or otherwise, including copyrights, patents, trademarks, service marks, trade dress, trade names, domain names, trade secrets, technology,
know-how and processes, all licenses of the foregoing, all registrations and applications for registration of the foregoing, and all rights
to sue at law or in equity for any infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom.</P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Intercompany Note</U>&rdquo; means the
Intercompany Subordinated Note, dated December 5, 2012, substantially in the form of <U>Exhibit M</U> and executed and delivered by the
Borrower and each other Restricted Subsidiary party thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Interest Election Request</U>&rdquo; means
a request by the Borrower to convert or continue a Borrowing in accordance with Section 2.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Interest Payment Date</U>&rdquo; means
(a) with respect to any ABR Loan, the last day of each March, June, September and December, (b) with respect to any Eurocurrency Loan,
the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurocurrency Borrowing
with an Interest Period of more than three months&rsquo; duration, each day prior to the last day of such Interest Period that occurs
at intervals of three months&rsquo; duration after the first day of such Interest Period and (c) with respect to any Term Benchmark Loan,
the last day of each Interest Period applicable to the Borrowing of which such Term Benchmark Loan is a part and, in the case of a Term
Benchmark Borrowing with an Interest Period of more than three months&rsquo; duration, each day prior to the last day of such Interest
Period that occurs at intervals of three months&rsquo; duration after the first day of such Interest Period, and the Incremental Term
Maturity Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Interest Period</U>&rdquo; means,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(x)&nbsp;as
to any Eurocurrency Loan, (a) initially, the period commencing on the borrowing or conversion date, as the case may be, with respect to
such Eurocurrency Loan and ending one month, three months or six months (or, if available to all Lenders under the relevant Facility,
twelve months or a period, other than one week, that is shorter than one month) thereafter, as selected by the Borrower in its notice
of borrowing or notice of conversion, as the case may be, given with respect thereto, and (b) thereafter, each period commencing on the
last day of the next preceding Interest Period applicable to such Eurocurrency Loan and ending one month, three months or six months (or,
if available to all Lenders under the relevant Facility, twelve months or a period, other than one week, that is shorter than one month)
thereafter, as selected by the Borrower by notice to the Administrative Agent not later than 1:00 p.m., New York City time, on the date
that is three Business Days prior to the last day of the then current Interest Period with respect thereto; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(y)&nbsp;as
to any Term Benchmark Loan, the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the
calendar month that is one, three or six months thereafter (in each case, subject to the availability for the Benchmark applicable to
the relevant Loan or Commitment), as the Borrower may elect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><I>provided</I> that all of the foregoing provisions
relating to Interest Periods are subject to the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&#9;(i)&#9;if any Interest Period would otherwise end on a
day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless the result of such extension
would be to carry such Interest Period into another calendar month in which event such Interest Period shall end on the immediately preceding
Business Day;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&#9;(ii)&#9;the Borrower may not select an Interest Period
for a Revolving Loan that would extend beyond the Revolving Termination Date or an Interest Period for an Incremental Term Loan that would
extend beyond the date the final payment is due on such Incremental Term Loan; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&#9;(iii)&#9;any Interest Period of at least one month&rsquo;s
duration that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in
the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Investment Grade Condition</U>&rdquo;
means the first day on which (x) the Borrower&rsquo;s public corporate credit rating from Standard &amp; Poor&rsquo;s shall be BBB&#45;
(stable) or better and the Borrower&rsquo;s public corporate family rating from Moody&rsquo;s shall be Baa3 (stable) or better and (y)
no Default or Event of Default shall have occurred and be continuing.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Investments</U>&rdquo; in any Person means
any direct or indirect advance, loan (other than advances to customers in the ordinary course of business that are recorded as accounts
receivable on the balance sheet of the lender) or other extensions of credit (including by way of Guarantee or similar arrangement) or
capital contribution to (by means of any transfer of cash or other property to others or any payment for property or services for the
account or use of others), or any purchase or acquisition of Capital Stock, Indebtedness (or other similar instruments issued by such
Person) or assets constituting a business unit of such Person. If the Borrower or any Restricted Subsidiary issues, sells or otherwise
disposes of any Capital Stock of a Person that is a Restricted Subsidiary such that, after giving effect thereto, such Person is no longer
a Restricted Subsidiary, any Investment by the Borrower or any Restricted Subsidiary in such Person remaining after giving effect thereto
will be deemed to be a new Investment at such time. Except as otherwise provided for herein, the amount of an Investment shall be its
fair market value at the time the Investment is made and without giving effect to subsequent changes in value; <I>provided</I> that none
of the following will be deemed to be an Investment:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;Swap
Obligations entered into in the ordinary course of business and in compliance with this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;endorsements
of negotiable instruments and documents in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;an
acquisition of assets by the Borrower or a Restricted Subsidiary for consideration to the extent such consideration consists of Capital
Stock of the Borrower or any direct or indirect parent entity thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;advances,
deposits, escrows or similar arrangements entered into in the ordinary course of business in respect of retail or automotive distribution
arrangements, satellite, chip set, programming or content acquisitions or extensions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">For purposes of the definition of &ldquo;Unrestricted
Subsidiary,&rdquo; the definition of &ldquo;Restricted Payment&rdquo; and Section 6.05, &ldquo;Investment&rdquo; shall include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&#9;(i)&#9;the portion (proportionate to the Borrower&rsquo;s
Capital Stock in such Subsidiary) of the fair market value of the net assets of any Subsidiary of the Borrower at the time that such Subsidiary
is designated an Unrestricted Subsidiary; <I>provided</I>, <I>however</I>, that upon a redesignation of such Subsidiary as a Restricted
Subsidiary, the Borrower shall be deemed to continue to have a permanent &ldquo;Investment&rdquo; in an Unrestricted Subsidiary equal
to an amount (if positive) equal to (A) the Borrower&rsquo;s &ldquo;Investment&rdquo; in such Subsidiary at the time of such redesignation
less (B) the portion (proportionate to the Borrower&rsquo;s Capital Stock in such Subsidiary) of the fair market value of the net assets
of such Subsidiary at the time of such redesignation; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&#9;(ii)&#9;any property transferred to or from an Unrestricted
Subsidiary shall be valued at its fair market value at the time of such transfer, in each case as determined in good faith by the Board
of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Issuing Bank</U>&rdquo; means JPMorgan
Chase Bank, N.A., in its capacity as an issuer of Letters of Credit, and its successors in such capacity as provided in Section 2.17(i).
The Borrower may, with the consent of the Administrative Agent (which consent shall not be unreasonably withheld), arrange for one or
more Letters of Credit to be issued by other Lenders, in which case the term &ldquo;Issuing Bank&rdquo; shall include such Lender with
respect to the Letters of Credit issued by such Lender; <I>provided</I> that no such Lender shall have any obligation to be an Issuing
Bank unless it agrees to do so in its sole discretion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Junior Lien Obligations</U>&rdquo; means
any Permitted Additional Debt Obligations that are secured by a Lien on the Collateral ranking (or intended to rank) junior to the Liens
on the Collateral securing the Obligations and any other First Lien Obligations.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Latest Maturity Date</U>&rdquo; means,
with respect to the Incurrence of any Indebtedness or the issuance or sale of any Capital Stock, the latest maturity date applicable to
any Facility that is outstanding under this Agreement as determined on the date such Indebtedness is Incurred or such Capital Stock is
issued or sold.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>LC Disbursement</U>&rdquo; means a payment
made by the Issuing Bank pursuant to a demand for payment or drawing under a Letter of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>LC Exposure</U>&rdquo; means, at any time,
the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time plus (b) the aggregate amount of all LC
Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Lender at any time
shall be its Revolving Commitment Percentage of the total LC Exposure at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>LC Maturity Date</U>&rdquo; has the meaning
assigned to such term in Section 2.17(c)(i).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>LCT Election</U>&rdquo; shall have the
meaning provided in Section 1.06.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>LCT Test Date</U>&rdquo; shall have the
meaning provided in Section 1.06.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Lead Arranger</U>&rdquo; means <FONT STYLE="color: green"><STRIKE>JPMorgan
Chase Bank, N.A., </STRIKE></FONT><FONT STYLE="color: red"><STRIKE>in its capacity as</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">the
entities listed as &ldquo;Joint</FONT> <FONT STYLE="color: red"><STRIKE>l</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">L</FONT>ead
<FONT STYLE="color: red"><STRIKE>a</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">A</FONT>rranger
<FONT STYLE="color: red"><STRIKE>and joint bookrunner for the Revolving Facility and the Fifth Amendment</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">&rdquo;
or &ldquo;Lead Arranger&rdquo; on the cover hereto</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Lenders</U>&rdquo; means the Persons listed
on <U>Schedule 1.01A</U> and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption or pursuant
to any New Lender Supplement, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Letter of Credit</U>&rdquo; means any
letter of credit issued pursuant to Section 2.17.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Letter of Credit Commitment</U>&rdquo;
means, as to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit in an aggregate principal amount not to
exceed the amount set forth under the heading &ldquo;Letter of Credit Commitment&rdquo; opposite such Lender&rsquo;s name on <U>Schedule
1.01A</U> hereto, as amended by the Fifth Amendment, or in the Assignment and Assumption or New Lender Supplement pursuant to which such
Issuing Bank became a party hereto, as the same may be changed from time to time pursuant to the terms of this Agreement. The original
aggregate amount of all Letter of Credit Commitments as of the Fifth Amendment Effective Date is $75,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Liberty
Media&rdquo; means Liberty Media Corporation, a Delaware corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Liberty
Refinancing&rdquo; means, collectively, the transactions in which (i) the Borrower lends SplitCo an aggregate principal amount to be determined
prior to the consummation of the Merger and the Splitoff that will be used, directly or indirectly, by SplitCo to repay the outstanding
principal, accrued and unpaid interest, fees, premium, if any, and other amounts, under the Margin Loan Agreement (and the commitments,
security interests and guarantees thereunder shall be terminated or released) and (ii) Liberty Media elects to transfer and assign its
rights and liabilities as obligor of the Existing Debentures and its obligations under the Existing Liberty Exchangeable Indenture to
SplitCo.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>LIBO Rate</U>&rdquo; means, with respect
to any Eurocurrency Borrowing denominated in Dollars for any Interest Period, an interest rate per annum equal to the rate appearing on
the Reuters Screen LIBOR01 or LIBOR02 Page (or on any successor or substitute page of such Screen, or any successor to or substitute for
such Screen, providing rate quotations comparable to those currently provided on either of such pages of such Screen, as reasonably determined
by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to deposits in Dollars
in the London interbank market) (the &ldquo;<U>LIBOR Screen Rate</U>&rdquo;) at approximately 11:00 a.m., London time, on the date that
is two Business Days prior to the commencement of such Interest Period, as the rate for deposits in Dollars with a maturity comparable
to such Interest Period, provided that, (x) if the LIBO Rate shall not be available at such time for such Interest Period (a &ldquo;LIBOR
Impacted Interest Period&rdquo;), then the LIBO Rate shall be the LIBOR Interpolated Rate at such time and (y) if the rate appearing on
such Screen or determined</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">pursuant to clause (x) shall be less than zero, such rate shall be
deemed to be zero for purposes of this Agreement. &ldquo;<U>LIBOR Interpolated Rate</U>&rdquo; means, at any time, the rate per annum
determined by the Administrative Agent to be equal to the rate that results from interpolating on a linear basis between: (a) the LIBOR
Screen Rate for the longest period (for which that LIBOR Screen Rate is available) that is shorter than the LIBOR Impacted Interest Period
and (b) the LIBOR Screen Rate for the shortest period (for which that LIBOR Screen Rate is available) that exceeds the LIBOR Impacted
Interest Period, in each case, at such time. It is understood that for purposes of calculating the LIBO Rate under the definition of Alternate
Base Rate, the references above to 11:00 a.m., London time, on the date that is two Business Days prior to the commencement of such Interest
Period, shall instead be deemed to be refer to 11:00 a.m., London time, on the date of such calculation.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Lien</U>&rdquo; means, with respect to
any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset
and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any
financing lease having substantially the same economic effect as any of the foregoing) relating to such asset. &ldquo;Lien&rdquo; shall
not, however, include any interest of a vendor in any inventory of the Borrower or any of its Restricted Subsidiaries arising out of such
inventory being subject to a &ldquo;sale or return&rdquo; arrangement with such vendor or any consignment by any third party of any inventory
to the Borrower or any of its Restricted Subsidiaries or any operating lease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Limited Condition Transaction</U>&rdquo;
means any acquisition or investment by one or more of the Borrower and/or its Restricted Subsidiaries the consummation of which is not
conditioned on the availability of, or on obtaining, any third party financing, or repayments, repurchases, redemptions, defeasances and
other payments with respect to Indebtedness that requires irrevocable notice in advance thereof to the holders, agents or trustees of
such Indebtedness, and any designation of a Subsidiary as a Restricted Subsidiary or Unrestricted Subsidiary in connection with any of
the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Loan Documents</U>&rdquo; means the collective
reference to this Agreement, any Letters of Credit, each Incremental Term Facility Activation Notice, each Incremental Revolving Commitment
Activation Notice, each Extension Amendment, the Subsidiary Guarantee, any Customary Intercreditor Agreements, the Collateral Documents
(excluding the HoldCo Pledge Agreement), the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth
Amendment, the Seventh Amendment <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">,</FONT>
the Eighth Amendment <FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">and the Ninth Amendment</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Loan Parties</U>&rdquo; means the collective
reference to the Borrower and the Subsidiary Guarantors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Loans</U>&rdquo; means the loans made
by the Lenders to the Borrower pursuant to this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Margin
Loan Agreement&rdquo; means the Third Amended and Restated Margin Loan Agreement, dated as of February 24, 2021 (as amended by that certain
First Amendment to Third Amended and Restated Margin Loan Agreement, dated as of March 6, 2023, and as may be further amended, restated,
amended and restated, supplemented or otherwise modified from time to time), by and among Liberty SIRI Marginco, LLC, as borrower, BNP
Paribas, New York Branch, as administrative agent, and the other parties thereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Margin Stock</U>&rdquo; shall have the
meaning assigned to such term in Regulation U of the Federal Reserve Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Material Adverse Effect</U>&rdquo; means
any event, development or circumstance that has had or could reasonably be expected to have a material adverse effect on (a) the financial
condition of the Borrower and its Subsidiaries, taken as a whole or (b) the rights or remedies of the Administrative Agent or the Lenders
hereunder or under the Credit Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Material Domestic Subsidiary</U>&rdquo;
means any Material Subsidiary of the Borrower that is also a Domestic Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Material Indebtedness</U>&rdquo; means
Indebtedness (other than the Loans), or Swap Obligations, of any one or more of the Borrower and its Restricted Subsidiaries in an aggregate
principal amount exceeding $500,000,000;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 10pt"><P STYLE="margin: 0pt"><PAGE></PAGE></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>provided</I> that in no event shall any Qualified Receivables Facility
be considered Material Indebtedness for any purpose. For purposes of determining Material Indebtedness, the &ldquo;<U>principal amount</U>&rdquo;
of the Swap Obligations of the Borrower or any Restricted Subsidiary in respect of any Swap Agreement at any time shall be the maximum
aggregate amount (giving effect to any netting agreements) that the Borrower or such Restricted Subsidiary would be required to pay if
such Swap Agreement were terminated at such time.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Material Subsidiary</U>&rdquo; means,
on any date of determination, (a) each FCC License Subsidiary and (b) each other Restricted Subsidiary, other than Restricted Subsidiaries
that do not represent more than 5% for any such Subsidiary individually, or more than 10% in the aggregate for all such Subsidiaries,
of either (i) Consolidated Total Assets or (ii) consolidated total revenues of the Borrower as of the end of, or for, the Test Period
most recently ended on or prior to such date of determination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Maximum Rate</U>&rdquo; has the meaning
assigned to such term in Section 9.18.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Merger&rdquo;
has the meaning assigned to such term in the Merger Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Merger
Agreement&rdquo; means the Agreement and Plan of Merger, dated as of December 11, 2023 (together with all exhibits, annexes, schedules
and other disclosure schedules and letters thereto, collectively, as modified, amended, supplemented, consented to or waived, from time
to time), by and among Liberty Media, SplitCo, Merger Sub and the Parent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Merger
Sub&rdquo; means Radio Merger Sub, LLC, a Delaware limited liability company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Moody&rsquo;s</U>&rdquo; means Moody&rsquo;s
Investors Service, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Morgan Stanley MUFG Loan Partners, LLC</U>&rdquo;
means the joint venture acting through Morgan Stanley Senior Funding, Inc. and MUFG Bank, Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Multiemployer Plan</U>&rdquo; means a
multiemployer plan as defined in Section 4001(a)(3) of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Net Cash Proceeds</U>&rdquo; with respect
to any issuance or sale of Capital Stock, Incurrence of Indebtedness or receipt of a capital contribution, means (a) the cash proceeds
of such issuance or sale or Incurrence net of (b) the sum of (i) attorneys&rsquo; fees, accountants&rsquo; fees, underwriters&rsquo; or
placement agents&rsquo; fees, discounts or commissions and brokerage, consultant and other customary fees and expenses actually Incurred
in connection with such issuance or sale or Incurrence and net of taxes paid or payable as a result thereof and (ii) in the case of the
Incurrence of any Indebtedness the proceeds of which are to be used to prepay any Class of Incremental Term Loans, Extended Incremental
Term Loans or Replacement Loans therefor under this Agreement, accrued interest and premium, if any, on such Loans and any other amounts
(other than principal) paid in respect of such Loans in connection with any such prepayment and/or reduction, in each case only to the
extent not already deducted in arriving at the amount referred to in clause (a) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>New Lender</U>&rdquo; has the meaning
assigned to such term in Section 2.02(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>New Lender Supplement</U>&rdquo; has the
meaning assigned to such term in Section 2.02(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>New York Fed</U>&rdquo; means the Federal
Reserve Bank of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>New York Fed&rsquo;s Website</U>&rdquo;
shall mean the website of the New York Fed at http://www.newyorkfed.org, or any successor source.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>New York Fed Bank Rate</U>&rdquo; means,
for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect
on such day; <U>provided</U> that if both such rates are not so published for any day that is a Business Day, the term &ldquo;New York
Fed Bank Rate&rdquo; means the rate quoted for such day for a federal funds transaction at 11:00 a.m. on such day received by the Administrative
Agent from a</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Federal funds broker of recognized standing selected by it; <U>provided,
further</U>, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.</P>

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

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Ninth
Amendment&rdquo; means the Incremental Term Facility Activation Notice (Amendment No. 9 to the Credit Agreement), dated as of the Ninth
Amendment Effective Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Ninth
Amendment Effective Date&rdquo; means the date on which the conditions precedent set forth in Section 4(a) of the Ninth Amendment are
satisfied (or waived), which date is January 26, 2024.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Ninth
Amendment Transactions&rdquo; means, collectively, the Merger, the Splitoff and the Liberty Refinancing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Non-Consenting Lender</U>&rdquo; has the
meaning assigned to such term in Section 2.16(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Non-Extension Notice Date</U>&rdquo; has
the meaning assigned to such term in Section 2.17(c)(ii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Obligations</U>&rdquo; means the unpaid
principal of and interest on (including interest accruing after the maturity of the Loans and interest and fees accruing after the filing
of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether
or not a claim for post-filing or post-petition interest or fees is allowed in such proceeding) the Loans, the obligations of the Borrower
to reimburse the Issuing Bank for demands for payment or drawings under a Letter of Credit, and all other obligations and liabilities
of the Borrower and other Credit Parties to the Administrative Agent or to any Secured Party, whether direct or indirect, absolute or
contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement,
any other Credit Document, any Secured Swap Agreement, any Secured Cash Management Agreement or any other document made, delivered or
given in connection herewith or therewith, whether on account of principal, interest, fees, indemnities, costs, expenses or otherwise
(including all fees, charges and disbursements of counsel to the Administrative Agent, the Lead Arranger or to any Lender that are required
to be paid by the Borrower pursuant hereto). Notwithstanding the foregoing, (i) unless otherwise agreed to by the Borrower and any applicable
Secured Swap Bank or Cash Management Bank, the obligations of the Borrower or any Restricted Subsidiary under any Secured Swap Agreement
or under any Secured Cash Management Agreement shall be secured and guaranteed pursuant to the Collateral Documents and the Subsidiary
Guarantee only to the extent that, and for so long as, the other Obligations are so secured and guaranteed, (ii) any release of Collateral
or Subsidiary Guarantors effected in the manner permitted by this Agreement and any other Credit Document shall not require the consent
of the holders of Swap Obligations under Secured Swap Agreements or of the holders of Cash Management Obligations under Secured Cash Management
Agreements and (iii) the &ldquo;Obligations&rdquo; shall exclude Excluded Swap Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>OFAC</U>&rdquo; means the U.S. Department
of the Treasury&rsquo;s Office of Foreign Assets Control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Other Taxes</U>&rdquo; means any and all
present or future stamp or documentary Taxes or any other excise or property Taxes arising from any payment under any Loan Document or
from the execution, delivery or enforcement of, or otherwise with respect to, any Loan Document, except any such Taxes imposed as a result
of an assignment (other than an assignment made pursuant to Section 2.16) by a Lender (an &ldquo;<U>Assignment Tax</U>&rdquo;), but only
if such Assignment Tax is imposed as a result of a present or former connection of the assignor or assignee with the jurisdiction imposing
such Assignment Tax (other than any connection arising solely from having executed, delivered, become a party to, performed any obligations
under, received any payments under, received or perfected a security interest under, engaged in any other transaction pursuant to, and/or
enforced any Loan Document).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Outstanding Revolving Credit</U>&rdquo;
means, with respect to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate then outstanding principal amount
of such Revolving Lender&rsquo;s Revolving Loans, and (b) such Revolving Lender&rsquo;s LC Exposure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Overnight Bank Funding Rate</U>&rdquo;
means, for any day, the rate comprised of both overnight federal funds and overnight eurodollar transactions denominated in Dollars by
U.S.-managed banking offices of depository institutions (as such composite rate shall be determined by the New York Fed as set forth on
its public website from time to</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">time) and published on the next succeeding Business Day by the New
York Fed as an overnight bank funding rate (from and after such date as the New York Fed shall commence to publish such composite rate).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Overnight Rate</U>&rdquo; shall mean,
for any day, the greater of (a) the Federal Funds Effective Rate and (b) an overnight rate determined by the Administrative Agent or the
applicable Letter of Credit Issuing Bank, as the case may be, in accordance with banking industry rules on interbank compensation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="text-decoration: underline double; background-color: #DDDDDD">&ldquo;Parent&rdquo;
means Sirius XM Holdings Inc., a Delaware corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Participant</U>&rdquo; has the meaning
assigned to such term in Section 9.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Participant Register</U>&#8221; has the
meaning assigned to such term in Section 9.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&#8220;<U>Payment</U>&#8221;
has the meaning assigned to such term in Section 8.11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&#8220;<U>Payment Notice</U>&#8221;
has the meaning assigned to such term in Section 8.11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>PBGC</U>&#8221; means the Pension Benefit
Guaranty Corporation referred to and defined in ERISA and any successor entity performing similar functions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Perfection Certificate</U>&#8221; means
a certificate in the form of <U>Exhibit I</U> or any other form approved by the Administrative Agent (acting reasonably), as the same
shall be supplemented from time to time by any supplement thereto or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Additional Debt</U>&#8221; means
senior Secured Indebtedness (which Indebtedness may be secured either by Liens on the Collateral having a priority that ranks equal to
the priority of the Liens on the Collateral securing the Obligations (but without regard to control of remedies) or by Liens on the Collateral
having a junior priority ranking relative to the Liens on the Collateral securing the Obligations); <I>provided</I> that (a) except with
respect to (i) unless any Space Bridge Facility Obligations have been incurred and remain outstanding, an aggregate principal amount of
such Indebtedness not in excess of the greater of (x) $500,000,000 and (y) 25% of Consolidated Operating Cash Flow for the Test Period
most recently ended on or prior to the date of such Incurrence (calculated on a pro forma basis after giving effect to such Incurrence
as if such Incurrence and any related transactions had occurred on the first day of such Test Period) and (ii) any Space Bridge Facility
Obligations or any Indebtedness constituting Attributable Debt, Purchase Money Indebtedness or Capital Lease Obligations, the terms of
such Indebtedness do not provide for maturity or any scheduled amortization (excluding the final installment thereof) in excess of 1%
per annum of the original aggregate principal amount thereof or mandatory prepayment, mandatory redemption, mandatory offer to purchase
or mandatory sinking fund obligations prior to the date that is 91 days after the Latest Maturity Date, other than customary prepayments,
repurchases or redemptions of, or offers to prepay, redeem or repurchase upon a change of control, asset sale event or casualty or condemnation
event, customary prepayments, redemptions or repurchases or offers to prepay, redeem or repurchase based on excess cash flow (in the case
of loans) and customary acceleration rights upon an event of default, (b) except for any of the following that are applicable only to
periods following the Latest Maturity Date and except with respect to any Space Bridge Facility Obligations or any Indebtedness constituting
Attributable Debt, Purchase Money Indebtedness or Capital Lease Obligations, the covenants, events of default, Subsidiary Guarantees and
other terms for such Indebtedness (<I>provided</I> that such Indebtedness shall have interest rates (including through fixed interest
rates), interest rate margins, rate floors, fees, funding discounts, original issue discounts and redemption or prepayment premiums determined
by the Borrower to be market rates, margins, rate floors, fees, discounts and premiums at the time of issuance of such Indebtedness),
taken as a whole, are determined by the Borrower to not be materially more restrictive on the Borrower and its Restricted Subsidiaries
than the terms of this Agreement, taken as a whole (<I>provided </I>that, such terms shall not be deemed to be &#8220;more restrictive&#8221;
solely as a result of (x) in the case of non-revolving Indebtedness, the inclusion of amortization or Incurrence-based covenants of that
are of a type customarily applicable to term loan facilities or (y) the inclusion in the documentation governing such Indebtedness of
any Previously Absent Covenant so long as the Administrative Agent shall have been given prompt written notice thereof and this Agreement
shall have been amended to include such Previously Absent Covenant for the benefit of each Facility<FONT STYLE="text-decoration: underline double; color: blue; background-color: #DDDDDD">)</FONT>
(<I>provided</I>, <I>however</I>, that if (x) the documentation governing the Permitted Additional Debt that</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">includes a Previously Absent Covenant consists of a revolving credit
facility (whether or not the documentation therefor includes any other facilities) and (y) such Previously Absent Covenant is only for
the benefit of such revolving credit facility, then this Agreement shall be amended to include such Previously Absent Covenant only for
the benefit of the Revolving Facility hereunder (and not for the benefit of any Incremental Term <FONT STYLE="color: red"><STRIKE>Loan
</STRIKE></FONT>Facility hereunder) and such Indebtedness shall not be deemed &#8220;more restrictive&#8221; solely as a result of such
Previously Absent Covenant benefiting only such revolving credit facility); <I>provided</I> that a certificate of a Financial Officer
of the Borrower delivered to the Administrative Agent at least five Business Days prior to the Incurrence of such Indebtedness, together
with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating
thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement shall
be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower
within such five Business Day period that it disagrees with such determination (including a reasonable description of the basis upon which
it disagrees) and (c) such Indebtedness may be secured by property or assets other than the Collateral, but to the extent secured by any
Collateral shall be subject to an applicable Customary Intercreditor Agreement.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Additional Debt Documents</U>&#8221;
means any document or instrument, including any guarantee, security or collateral agreement or mortgage and which may include any or all
of the Loan Documents, so long as, to the extent any such document or instrument grants any Lien on any assets of any Loan Party to secure
any Permitted Additional Debt Obligations, (i) such Liens are Liens on the Collateral and (ii) the Obligations are secured by such Collateral
on at least an equal priority basis with the Liens on such Collateral securing such Permitted Additional Debt Obligations (and the provisions
of the Security Agreement shall be in full force and effect at that time and no Suspension Period shall then be in effect with respect
to the Loans).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Additional Debt Obligations</U>&#8221;
means, if any Permitted Additional Debt has been Incurred and is outstanding, the reference to the unpaid principal of and interest on
(including interest and fees accruing after the maturity of the applicable Permitted Additional Debt and interest and fees accruing after
the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower,
whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Permitted Additional Debt and all
other obligations and liabilities to any Permitted Additional Debt Secured Party, whether direct or indirect, absolute or contingent,
due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, any Permitted Additional
Debt Document or any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest,
fees, indemnities, costs, expenses or otherwise (including all fees, charges and disbursements of counsel that are required to be paid
by pursuant thereto).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Additional Debt Secured Parties</U>&#8221;
shall mean the holders from time to time of Permitted Additional Debt Obligations that constitute Secured Indebtedness (and any representative
on their behalf).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Holders</U>&#8221; means (i)
Liberty Media<FONT STYLE="color: red"><STRIKE> Corporation, a Delaware corporation</STRIKE></FONT>, or any of its Affiliates (other than
any entities owned in whole or in part by Liberty Media <FONT STYLE="color: red"><STRIKE>Corporation </STRIKE></FONT>in the nature of
operating &#8220;portfolio&#8221; companies) from the Closing Date until the first date on which such Person is no longer an Affiliate
of the Borrower, (ii) (x) John C. Malone, Gregory B. Maffei or any of their respective Affiliates until the first date on which such Affiliate
is no longer an Affiliate of such Person or (y) any spouse, parent, sibling or direct lineal descendant (including adoptees) of any Person
listed in clause (ii)(x), (iii) any trust, corporation, partnership, foundation or other legal entity created for the benefit of, or controlled
by, a Person referred to in preceding clause (ii) or created by any such Person for the benefit of any charitable organization or purpose,
(iv) in the event of the incompetence or death of any of the persons described in clause (ii), such person&#8217;s estate, executor, administrator,
committee or other personal representative or similar fiduciary or beneficiaries, heirs, devisees or distributees, in each case, who at
any particular date beneficially owns Voting Stock of the Borrower or any Affiliate of the Borrower, and (v) any &#8220;group&#8221; (within
the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision) the members of which include any
of the Permitted Holders specified in clauses (i), (ii), (iii) and (iv) of this definition and that, directly or indirectly, hold or acquire
beneficial ownership of the Voting Stock of the Borrower (or, to the extent the Satisfactory HoldCo is then in existence, the Satisfactory
HoldCo) (a &#8220;<U>Permitted Holder Group</U>&#8221;), so long as no Person or other &#8220;group&#8221; (other than Permitted Holders
specified in clauses (i), (ii), (iii) and (iv) of this definition) beneficially owns more than 50% on a fully diluted basis of the Voting
Stock held by the Permitted Holder Group.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Investment</U>&#8221; means
an Investment by the Borrower or any Restricted Subsidiary in:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;the
Borrower, a Restricted Subsidiary or a Person that will, upon the making of such Investment, become a Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;another
Person if, as a result of such Investment, such other Person is merged or consolidated with or into, or transfers or conveys all or substantially
all its assets to, the Borrower or a Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;cash
and Cash Equivalents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;receivables
owing to the Borrower or any Restricted Subsidiary if created or acquired in the ordinary course of business and payable or dischargeable
in accordance with customary trade terms; <I>provided</I>, <I>however</I>, that such trade terms may include such concessionary trade
terms as the Borrower or any such Restricted Subsidiary deems reasonable under the circumstances;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;payroll,
travel and similar advances to cover matters that are expected at the time of such advances ultimately to be treated as expenses for accounting
purposes and that are made in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(f)&nbsp;loans
or advances to employees made in the ordinary course of business not to exceed $20,000,000 at any time outstanding after the Fifth Amendment
Effective Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(g)&nbsp;stock,
obligations or securities received in settlement of debts created in the ordinary course of business and owing to the Borrower or any
Restricted Subsidiary or in satisfaction of judgments or pursuant to any plan of reorganization or similar arrangement upon the bankruptcy
or insolvency of a debtor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(h)&nbsp;any
Person to the extent such Investment represents the non-cash portion of the consideration received for (i) an Asset Disposition as permitted
pursuant to Section 6.04 or (ii) a disposition of assets not constituting an Asset Disposition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(i)&nbsp;any
Person where such Investment was acquired by the Borrower or any of its Restricted Subsidiaries (i) in exchange for any other Investment
or accounts receivable held by the Borrower or any such Restricted Subsidiary in connection with or as a result of a bankruptcy, workout,
reorganization or recapitalization of the issuer of such other Investment or accounts receivable or (ii) as a result of a foreclosure
by the Borrower or any of its Restricted Subsidiaries with respect to any secured Investment or other transfer of title with respect to
any secured Investment in default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(j)&nbsp;any
Person to the extent such Investments consist of prepaid expenses, negotiable instruments held for collection and lease, utility and workers&#8217;
compensation, performance and other similar deposits made in the ordinary course of business by the Borrower or any Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(k)&nbsp;any
Person to the extent such Investments consist of Swap Obligations otherwise permitted under Section 6.01;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(l)&nbsp;any
Person to the extent such Investment exists on the Closing Date and is set forth on <U>Schedule 6.11</U>, and any extension, modification
or renewal of any such Investments, but only to the extent not involving additional advances, contributions or other Investments of cash
or other assets or other increases thereof (other than as a result of the accrual or accretion of interest or original issue discount
or the issuance of pay-in-kind securities, in each case, pursuant to the terms of such Investment as in effect on the Closing Date);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(m)&nbsp;so
long as no Default or Event of Default then exists or would result therefrom (or, in the case of any Investment being made in connection
with an acquisition of Capital Stock or assets of another</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">Person, no Event of Default described in clause (a), (b),
(h) or (i) of Section 7.01), any Person to the extent such Investments, when taken together with all other Investments made pursuant to
this clause (m) that are at such time outstanding, in the aggregate since the Fifth Amendment Effective Date, not in excess of the greater
of (x) $800,000,000 and (y) 40% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior to the date of
such Investment (calculated on a pro forma basis after giving effect to such Investment as if such Investment and any related transactions
had occurred on the first day of such Test Period), in each case at the time of such Investment (with the fair market value of each Investment
being measured at the time made and without giving effect to subsequent changes in value);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(n)&nbsp;subject
to Section 1.06, any Person to the extent that (i) both immediately prior to and after giving effect to such Investment, no Default or
Event of Default (or, in the case of any Investment being made in connection with an acquisition of Capital Stock or assets of another
Person, no Event of Default described in clause (a), (b), (h) or (i) of Section 7.01) shall have occurred and be continuing and (ii) the
Borrower shall be in compliance, on a pro forma basis after giving effect to such Investment, with the covenant set forth in Section 6.10,
as such covenant is recomputed as of the last day of the Test Period most recently ended on or prior to the date of such Investment as
if such Investment had occurred on the first day of such Test Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(o)&nbsp;any
Asset Swap; <I>provided</I> that if the assets being disposed of constituted Collateral immediately prior to such Asset Swap, or would
have so constituted Collateral but for the existence of a Suspension Period, the assets received in such Asset Swap shall constitute Collateral,
or shall be of a type that would constitute Collateral but for the existence of a Suspension Period; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(p)&nbsp;Investments
in any Receivables Subsidiary that, in the good faith determination of the Borrower are necessary or advisable to effect any Qualified
Receivables Facility or any repurchase obligation in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Permitted Liens</U>&#8221; means, with
respect to any Person:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a)&nbsp;pledges
or deposits by such Person under worker&#8217;s compensation laws, unemployment insurance laws or similar legislation, or good faith deposits
in connection with bids, tenders, contracts (other than for the payment of Indebtedness) or leases to which such Person is a party, or
deposits to secure public or statutory obligations of such Person or deposits of cash or United States government bonds to secure surety
or appeal bonds to which such Person is a party, or deposits as security for contested taxes or import duties or for the payment of rent,
in each case Incurred in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b)&nbsp;Liens
imposed by law, such as carriers&#8217;, warehousemen&#8217;s and mechanics&#8217; Liens, in each case for sums not yet due or being contested
in good faith by appropriate proceedings or other Liens arising out of judgments or awards not constituting an Event of Default under
clause (j) of Section 7.01 and Liens arising solely by virtue of any statutory or common law provision relating to banker&#8217;s Liens,
rights of set-off or similar rights and remedies as to deposit accounts or other funds maintained with a creditor depository institution;
<I>provided</I>, <I>however</I>, that (i) such deposit account is not a dedicated cash collateral account and is not subject to restrictions
against access by the Borrower in excess of those set forth by regulations promulgated by the Federal Reserve Board and (ii) such deposit
account is not intended by the Borrower or any Restricted Subsidiary to provide collateral to the depository institution;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c)&nbsp;Liens
for taxes, assessments or other governmental charges not yet subject to penalties for non-payment or which are being contested in good
faith by appropriate proceedings if adequate reserves therefor have been provided in accordance with GAAP;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d)&nbsp;Liens
in favor of issuers of surety bonds or letters of credit issued pursuant to the request of and for the account of such Person in the ordinary
course of its business; <I>provided</I>, <I>however</I>, that such letters of credit do not constitute Indebtedness;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e)&nbsp;survey
exceptions, encumbrances, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph
and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property or Liens incidental to
the conduct of the business of such Person or to the ownership of its properties which were not Incurred in connection with Indebtedness
and which do not in the aggregate materially adversely affect the value of said properties or materially impair their use in the operation
of the business of such Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(f)&nbsp;Liens
securing Capital Lease Obligations, Attributable Debt, Purchase Money Indebtedness and other Indebtedness Incurred to finance the construction,
purchase or lease of, or repairs, improvements or additions to, property, plant or equipment of such Person; <I>provided</I>, <I>however</I>,
that the Lien may not extend to any other property owned by such Person or any of its Restricted Subsidiaries at the time the Lien is
Incurred (other than assets and property affixed or appurtenant thereto), and the Indebtedness (other than any interest thereon) secured
by the Lien may not be Incurred more than 270 days after the later of the Incurrence of such Capital Lease Obligations, Attributable Debt,
Purchase Money Indebtedness or of the acquisition, completion of construction, repair, improvement, addition or commencement of full operation
of the property subject to the Lien;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(g)&nbsp;Liens
on property of the Borrower or its Subsidiaries existing on the Closing Date and set forth on <U>Schedule 6.02</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(h)&nbsp;Liens
on property or shares of Capital Stock of another Person at the time such other Person becomes a Restricted Subsidiary of such Person;
<I>provided</I>, <I>however</I>, that the Liens may not extend to any other property owned by such Person or any of its Restricted Subsidiaries
(other than (i) assets and property affixed or appurtenant thereto, (ii) assets or property subject to a Lien securing Indebtedness permitted
hereunder, the terms of which Indebtedness require or include a pledge of after-acquired property (it being understood that such requirement
shall not be permitted to apply to any property to which such requirement would not have applied but for such acquisition) and (iii) the
proceeds and products thereof); <I>provided further</I> that such Liens are not created in contemplation of or in connection with such
Person becoming a Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(i)&nbsp;Liens
on property at the time such Person or any of its Restricted Subsidiaries acquires the property, including any acquisition by means of
a merger or consolidation with or into such Person or a Subsidiary of such Person; <I>provided</I>, <I>however</I>, that the Liens may
not extend to any other property owned by such Person or any of its Restricted Subsidiaries (other than (i) assets and property affixed
or appurtenant thereto, (ii) assets or property subject to a Lien securing Indebtedness permitted hereunder, the terms of which Indebtedness
require or include a pledge of after-acquired property (it being understood that such requirement shall not be permitted to apply to any
property to which such requirement would not have applied but for such acquisition) and (iii) the proceeds and products thereof); <I>provided
further</I> that such Liens are not created in contemplation of or in connection with such acquisition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(j)&nbsp;Liens
securing Indebtedness or other obligations of a Subsidiary of such Person owing to such Person or a Wholly Owned Subsidiary of such Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(k)&nbsp;Liens
securing Swap Obligations so long as such Swap Obligations are permitted to be Incurred under this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(l)&nbsp;Liens
on receivables and related assets incurred in connection with Qualified Receivables Facility;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(m)&nbsp;leases,
licenses, subleases and sublicenses of assets (including, without limitation, real property and Intellectual Property rights) which do
not materially interfere with the ordinary conduct of the business of the Borrower or any of its Restricted Subsidiaries;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(n)&nbsp;Liens
arising from Uniform Commercial Code financing statement filing regarding operating leases entered into by the Borrower and its Restricted
Subsidiaries in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(o)&nbsp;Liens
in connection with advances, deposits, escrows and similar arrangements in the ordinary course of business in respect of retail or automotive
distribution arrangements, satellite, chip set, programming and content acquisitions and extensions;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(p)&nbsp;Liens
to secure any Refinancing (or successive Refinancings) as a whole, or in part, of any Indebtedness secured by any Lien referred to in
clauses (f), (g), (h), (i), (s), (t) and (x); <I>provided</I>, <I>however</I>, that in the case of Liens to secure any Refinancing (or
successive Refinancings) as a whole, or in part, of any Indebtedness secured by any Lien referred to in such clauses, such new Lien shall
be limited to all or part of the same property and assets that secured or, under the written agreements pursuant to which the original
Lien arose, could secure the original Lien (plus improvements and accessions to, such property or proceeds or distributions thereof) and
such Indebtedness is Incurred in accordance with the other provisions of the term &#8220;Refinancing Indebtedness&#8221;;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(q)&nbsp;any
interest or title of a lessor under any Capital Lease Obligation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(r)&nbsp;[intentionally
omitted];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(s)&nbsp;Liens
relating to Replacement Satellite Vendor Indebtedness, including Refinancing Indebtedness in respect thereof covering the assets acquired,
constructed or improved with such Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(t)&nbsp;Liens
on assets of Foreign Subsidiaries to secure Indebtedness permitted to be Incurred pursuant to the provisions of Section 6.01(m);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(u)&nbsp;Liens
on assets or property of the Borrower or any Restricted Subsidiary securing obligations that at the time of the Incurrence of such Lien
do not exceed, when taken together with any other Liens securing obligations under this clause (u) that are then outstanding, the greater
of (x) $200,000,000 and (y) 10% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior to the date such
Lien is incurred (calculated on a pro forma basis after giving effect to such Lien as if such Lien was incurred on the first day of such
Test Period); <I>provided</I> that, if such Liens are consensual Liens on Collateral (other than cash or Cash Equivalents) or assets that
would constitute Collateral (other than cash and Cash Equivalents) but for the existence of a Suspension Period, the holders of the Indebtedness
or other obligations secured thereby (or a representative or trustee on their behalf) shall have entered into a Customary Intercreditor
Agreement providing that that Liens on such Collateral (or such assets that would constitute Collateral but for the existence of a Suspension
Period) shall rank junior to the Liens on the Collateral securing the Obligations;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(v)&nbsp;[intentionally
omitted];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(w)&nbsp;[intentionally
omitted]; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(x)&nbsp;Liens
on Collateral created pursuant to (i) the Credit Documents to secure the Obligations (including Liens permitted pursuant to Section 2.17(j))
and (ii) the Permitted Additional Debt Documents securing Permitted Additional Debt Obligations permitted to be Incurred under Section
6.01(p); <I>provided</I> that, (A) in the case of Liens described in clause (ii) above securing Permitted Additional Debt Obligations
that constitute First Lien Obligations, the applicable Permitted Additional Debt Secured Parties (or a representative thereof on behalf
of such holders) shall have entered into with the Administrative Agent a Customary Intercreditor Agreement (or, if such a Customary Intercreditor
Agreement shall then exist, become a party to or otherwise bound by the terms thereof) which agreement shall provide that the Liens on
the Collateral securing such Permitted Additional Debt Obligations shall have the same priority ranking as the Liens on the Collateral
securing the Obligations (but without regard to control of remedies) and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">(B) in the case of Liens described in clause (ii) above securing
Permitted Additional Debt Obligations that constitute Junior Lien Obligations, the applicable Permitted Additional Debt Secured Parties
(or a representative thereof on behalf of such holders) shall have entered into a Customary Intercreditor Agreement (or, if such a Customary
Intercreditor Agreement shall then exist, become a party to or otherwise bound by the terms thereof) with the Administrative Agent which
agreement shall provide that the Liens on the Collateral securing such Permitted Additional Debt Obligations shall rank junior to the
Liens on the Collateral securing the Obligations and any other First Lien Obligations. Without any further consent of the Lenders, the
Administrative Agent shall be authorized to negotiate, execute and deliver on behalf of the Secured Parties any Customary Intercreditor
Agreement or any amendment (or amendment and restatement) to the Collateral Documents or a Customary Intercreditor Agreement to the extent
necessary to effect the provisions contemplated by this clause (x).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">For purposes of this definition, the term &#8220;Indebtedness&#8221;
shall be deemed to include interest on such Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>person</U>&#8221; and &#8220;<U>group</U>&#8221;
have the meanings given to them for purposes of Section 13(d) and 14(d) of the Exchange Act or any successor provisions, and the term
&#8220;group&#8221; includes any group acting for the purpose of acquiring, holding or disposing of securities within the meaning of rule
13d-5(b)(1) under the Exchange Act, or any successor provision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Person</U>&#8221; means any natural person,
corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Plan</U>&#8221; means an employee pension
plan as defined in Section 3(2) of ERISA (other than a Multiemployer Plan), subject to the provisions of Section 302 and Title IV of ERISA
or Section 412 of the Code, and in respect of which the Borrower or any ERISA Affiliate is (or if such plan were terminated, would under
Section 4062 or 4069 of ERISA be deemed to be) an &#8220;employer&#8221; as defined in Section 3(5) of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Pledge Agreement</U>&#8221; means the
Pledge Agreement dated as of December 5, 2012, by and among the Borrower and each Subsidiary Guarantor and the Administrative Agent, substantially
in the form of <U>Exhibit D</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Preferred Stock</U>&#8221; as applied
to the Capital Stock of any Person, means Capital Stock of any class or classes (however designated) which is preferred as to the payment
of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such
Person, over shares of Capital Stock of any other class of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Present Fair Saleable Value</U>&#8221;
means the amount that could be obtained by an independent willing seller from an independent willing buyer if the assets (both tangible
and intangible) of the applicable Person and its subsidiaries taken as a whole are sold on a going-concern basis with reasonable promptness
in an arm&#8217;s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions
can be reasonably evaluated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&#8220;<U>Previously Absent Financial Maintenance
Covenant</U>&#8221; means, at any time (x) any covenant that is not included in this Agreement at such time or (y) any covenant that is
included in this Agreement at such time but with covenant levels, baskets, thresholds or conditions in this Agreement that are less restrictive
on the Borrower and the Restricted Subsidiaries.</P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Pricing Grid</U>&rdquo; means
(x) with respect to any Revolving Loans, the first table below<FONT STYLE="color: red"><STRIKE> and</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">,
</FONT>(y) with respect to the 2022 Incremental Term Loans, the second table below<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">
and (z) with respect to the 2024 Incremental Delayed Draw Term Loans, the third table below</FONT>.</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 39%; border: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Total</B><BR>
    <B>Leverage Ratio</B></TD>
    <TD STYLE="width: 20%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Applicable
    Rate<BR>
for ABR Loans<BR>
(including Loans<BR>
based on the<BR>
Canadian Prime<BR>
Rate)</B></TD>
    <TD STYLE="width: 24%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Applicable
    Rate for<BR>
Term Benchmark<BR>
Loans and<BR>
Eurocurrency Loans<BR>
(including Loans<BR>
based on CDOR)</B></TD>
    <TD STYLE="width: 17%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Commitment</B><BR>
    <B>Fee Rate</B></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt">Greater
    than 4.00 to 1.00</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.625%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">1.625%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.30%</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt">Greater
    than 3.00 to 1.00 but less than or equal to 4.00 to 1.00</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.500%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">1.500%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.25%</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt">Greater
    than 2.00 to 1.00 but less than or equal to 3.00 to 1.00</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.375%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">1.375%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.20%</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt">Less
    than or equal to 2.00 to 1.00</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.250%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">1.250%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.15%</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: bottom; width: 40%; border: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Total</B><BR>
    <B>Leverage Ratio</B></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Applicable
    Rate for ABR <BR>
Loans</B></TD>
    <TD STYLE="vertical-align: bottom; width: 30%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><B>Applicable
    Rate for Term<BR>
Benchmark Loans</B></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt">Greater
    than or equal to 4.00 to 1.00</TD>
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.250%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">1.250%</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt">Less
    than 4.00 to 1.00</TD>
    <TD STYLE="vertical-align: top; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">0.125%</TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center">1.125%</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: #99CCFF; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: bottom; width: 40%; border: black 1px solid; font: 10pt/135% Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"><B>Total</B></FONT><BR>
    <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"><B>Leverage Ratio</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 30%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt/135% Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"><B>Applicable
    Rate for ABR <BR>
Loans</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 30%; border-top: black 1px solid; border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt/135% Times New Roman, Times, Serif; padding-top: 2pt; padding-bottom: 2pt; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"><B>Applicable
    Rate for Term<BR>
Benchmark Loans</B></FONT></TD></TR>
<TR STYLE="background-color: #99CCFF; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Greater
    than 4.00 to 1.00</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">0.875%</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">1.875%</FONT></TD></TR>
<TR STYLE="background-color: #99CCFF; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Greater
    than 3.00 to 1.00 but less than or equal to 4.00 to 1.00</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">0.75%</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">1.75%</FONT></TD></TR>
<TR STYLE="background-color: #99CCFF; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Greater
    than 2.00 to 1.00 but less than or equal to 3.00 to 1.00</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">0.625%</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">1.625%</FONT></TD></TR>
<TR STYLE="background-color: #99CCFF; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; border-left: black 1px solid; font: 10pt Times New Roman, Times, Serif; padding-top: 3pt; padding-bottom: 3pt; padding-left: 5pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Less
    than or equal to 2.00 to 1.00</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">0.50%</FONT></TD>
    <TD STYLE="border-right: black 1px solid; border-bottom: black 1px solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">1.50%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">For the purposes of the Pricing Grid, changes
in the Applicable Rate and Commitment Fee Rate resulting from changes in the Total Leverage Ratio shall become effective on the
date (the &ldquo;<U>Adjustment Date</U>&rdquo;) on which financial statements are delivered to the Administrative Agent pursuant
to Section 5.01<FONT STYLE="color: red"><STRIKE>, with the first such Adjustment Date after the Fifth Amendment Effective Date
to occur when the financial statements for the fiscal quarter ended September 30, 2021 are delivered to the Administrative Agent
pursuant to Section 5.01,</STRIKE></FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(subject,
in the case of the 2024 Incremental Delayed Draw Term Loans, to the definition of &ldquo;Applicable Rate&rdquo;)</FONT> and
shall remain in effect until the next change to be effected pursuant to this paragraph. If at any time the Borrower notifies the
Administrative Agent that both (i) either (A) the Borrower&rsquo;s public corporate credit rating from Standard &amp; Poor&rsquo;s
shall be BBB- or better or the Borrower&rsquo;s public corporate family rating from Moody&rsquo;s shall be Baa3 or better (an
&ldquo;<U>Investment Grade Rating</U>&rdquo;) or (B) the Suspension Conditions are satisfied and the Borrower elects not to suspend
the Liens granted pursuant to the Security Agreement, and (ii) no Default or Event of Default has occurred and is continuing,
then each of the Applicable Rates in the Pricing Grid will be adjusted downward by 0.25% at each level and for each type of Revolving
Loan, until such time as both the Investment Grade Rating is no longer applicable (an &ldquo;<U>Investment Grade Rating Decrease</U>&rdquo;)
and the Reinstatement Condition is satisfied (a &ldquo;<U>Suspension Election Decrease</U>&rdquo;). Notwithstanding the foregoing,
if any financial statements referred to above are not delivered</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">within the time periods specified in Section 5.01, then, until
the date on which such financial statements are delivered, the highest rate set forth in each column of the Pricing Grid (as adjusted
by any Investment Grade Rating Decrease and Suspension Election Decrease, if applicable) shall apply. In addition, at all times
while an Event of Default shall have occurred and be continuing, the highest rate set forth in each column of the Pricing Grid
(as adjusted by any Investment Grade Rating Decrease and Suspension Election Decrease, if applicable) shall apply. Each determination
of the Total Leverage Ratio pursuant to the Pricing Grid shall be made in a manner consistent with the determination thereof pursuant
to Section 6.10.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Prime Rate</U>&rdquo; means the
rate of interest last quoted by The Wall Street Journal as the &ldquo;Prime Rate&rdquo; in the U.S. or, if The Wall Street Journal
ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical
Release H.15 (519) (Selected Interest Rates) as the &ldquo;bank prime loan&rdquo; rate or, if such rate is no longer quoted therein,
any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board
(as determined by the Administrative Agent). Each change in the Prime Rate shall be effective from and including the date such
change is publicly announced or quoted as being effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>PTE</U>&rdquo; shall mean a prohibited
transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Purchase Money Indebtedness</U>&rdquo;
means Indebtedness:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a) consisting of the deferred
purchase price of an asset, conditional sale obligations, obligations under any title retention agreement and other purchase money
obligations, in each case where the maturity of such Indebtedness does not exceed the anticipated useful life of the asset being
financed, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b) incurred to finance the
acquisition by the Borrower or a Restricted Subsidiary of such asset, including additions and improvements;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>provided</I>, <I>however</I>, that (i) such Indebtedness
is incurred within 180 days after the acquisition by the Borrower or such Restricted Subsidiary of such asset and (ii) in the
case of clause (b), the amount of such Indebtedness does not exceed 100% of the cost of such acquisition, addition or improvement,
as the case may be plus reasonable fees and expenses incurred in connection with such acquisition, addition, improvement or Incurrence.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>QFC</U>&rdquo;
has the meaning assigned to the term &ldquo;qualified financial contract&rdquo; in, and shall be interpreted in accordance with,
12 U.S.C. 5390(c)(8)(D).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>QFC Credit
Support</U>&rdquo; has the meaning assigned to such term in &lrm;Section 9.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>Qualified
Receivables Facility</U>&rdquo; shall mean any Receivables Facility of a Receivables Subsidiary that meets the following conditions:
(a) the Borrower shall have determined in good faith that such Receivables Facility (including financing terms, covenants, termination
events and other provisions) is in the aggregate economically fair and reasonable to the Borrower and its Restricted Subsidiaries;
(b) all sales of accounts receivables and related assets by the Borrower or any Restricted Subsidiary to the Receivables Subsidiary
or any other Person are made at fair market value (as determined in good faith by the Borrower); (c) the financing terms, covenants,
termination events and other provisions thereof shall be on market terms (as determined in good faith by the Borrower) and may
include Standard Securitization Undertakings; and (d) the obligations under such Receivables Facility are non-recourse (except
for customary representations, warranties, covenants and indemnities made in connection with such facilities) to the Borrower
or any of its Restricted Subsidiaries (other than a Receivables Subsidiary).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>Receivables
Facility</U>&rdquo; shall mean any of one or more receivables financing facilities as amended, supplemented, modified, extended,
renewed, restated or refunded from time to time, the obligations of which are non-recourse (except for customary representations,
warranties, covenants and indemnities made in connection with such facilities) to the Borrower or any of the Restricted Subsidiaries
(other than a Receivables Subsidiary) pursuant to which the Borrower or any of the Restricted Subsidiaries sells its accounts
receivable to either (a) a Person that is not</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">a Restricted Subsidiary or (b) a Restricted
Subsidiary or Receivables Subsidiary that in turn funds such purchase by selling its accounts receivable to a Person that is not
a Restricted Subsidiary or by borrowing from such a Person or from another Receivables Subsidiary that in turn funds itself by
borrowing from such a Person, in each case, that constitutes a Qualified Receivables Facility.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>Receivables
Fees</U>&rdquo; shall mean distributions or payments made directly or by means of discounts with respect to any accounts receivable
or participation interest therein issued or sold in connection with, and other fees paid to a Person that is not a Restricted
Subsidiary in connection with, any Receivables Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>Receivables
Subsidiary</U>&rdquo; shall mean any Subsidiary formed for the purpose of, and that solely engages only in, one or more Receivables
Facilities and other activities reasonably related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>Recipient</U>&rdquo;
has the meaning assigned to such term in Section 8.11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt; color: blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;Reference
Obligation&rdquo; means each of the 2026 Notes and the 2027 Notes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Reference Time</U>&rdquo; with
respect to any setting of the then-current Benchmark shall mean (a) if such Benchmark is the Term SOFR Rate, 5:00 a.m. (Chicago
time) on the day that is two U.S. Government Securities Business Days preceding the date of such setting, or (b) if such Benchmark
is not the Term SOFR Rate, the time determined by the Administrative Agent in its reasonable discretion in consultation with the
Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Refinance</U>&rdquo; means, in
respect of any Indebtedness, to refinance, extend, renew, refund, repay, prepay, purchase, redeem, defease or retire, or to issue
other Indebtedness in exchange or replacement for, such Indebtedness. &ldquo;<U>Refinanced</U>&rdquo; and &ldquo;<U>Refinancing</U>&rdquo;
shall have correlative meanings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Refinancing Indebtedness</U>&rdquo;
means Indebtedness of the Borrower or a Restricted Subsidiary Incurred to Refinance any Indebtedness of the Borrower or any Restricted
Subsidiary (the &ldquo;<U>Refinanced Indebtedness</U>&rdquo;); <I>provided</I> that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a) the principal amount (or
accreted value, if applicable), the principal amount of undrawn commitments and the face amount of any outstanding letter of credit
of the Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Refinanced Indebtedness
(or, if less, the portion of the principal amount required to be paid in connection with the Refinancing) <U>plus</U> the amount
of accrued and unpaid interest on the Refinanced Indebtedness and any premium paid or then payable to the holders of the Refinanced
Indebtedness and reasonable fees and expenses incurred in connection with the Incurrence of the Refinancing Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b) the obligor of Refinancing
Indebtedness does not include any Person (other than the Borrower or any Restricted Subsidiary) that is not an obligor or guarantor
under the Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c) if the Refinanced Indebtedness
was subordinated in right of payment to the Obligations, then such Refinancing Indebtedness, by its terms, is subordinate in right
of payment to the Obligations at least to the same extent as the Refinanced Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d) the Refinancing Indebtedness
has a final stated maturity no earlier than the Refinanced Indebtedness being Refinanced; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(e) the portion, if any, of
the Refinancing Indebtedness that is scheduled to mature on or prior to the Latest Maturity Date has a Weighted Average Life to
Maturity at the time such Refinancing Indebtedness is Incurred that is equal to or greater than the Weighted Average Life to Maturity
of the portion of the Refinanced Indebtedness being Refinanced that is scheduled to mature on or prior to the Latest Maturity
Date (<I>provided</I> that Refinancing Indebtedness in respect of Refinanced Indebtedness that has no amortization may provide
for amortization installments, sinking fund payments, serial maturity dates or other required payments of principal of up to 1%
of the aggregate principal amount per annum).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Register</U>&rdquo; has the meaning
assigned to such term in Section 9.05(b)(iv).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Regulation U</U>&rdquo; means
Regulation U of the Federal Reserve Board as from time to time in effect and any successor to all or a portion thereof establishing
margin requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Reinstatement Condition</U>&rdquo;
has the meaning assigned to such term in Section 9.16(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Related Parties</U>&rdquo; means,
with respect to any specified Person, such Person&rsquo;s Affiliates and the respective directors, officers, employees, agents
and advisors of such Person and such Person&rsquo;s Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Release</U>&rdquo; shall mean
any spilling, leaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing,
depositing, dispersing, emanating or migrating of any Hazardous Material in, into, onto or through the Environment, or from, into
or through any structure or facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Relevant Governmental Body</U>&rdquo;
shall mean the Federal Reserve Board, the New York Fed, the CME Term SOFR Administrator, as applicable, or a committee officially
endorsed or convened by the Federal Reserve Board or the New York Fed, or any successor thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Relevant Rate</U>&rdquo; means
(i) with respect to any Term Benchmark Borrowing denominated in Dollars, the Adjusted Term SOFR Rate or (ii) with respect to any
Eurocurrency Borrowing, CDOR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Relevant Screen Rate</U>&rdquo;
means (i) with respect to any Term Benchmark Borrowing denominated in Dollars, the Term SOFR Reference Rate or (ii) with respect
to any Eurocurrency Borrowing denominated in Canadian Dollars, the CDOR Screen Rate, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Reorganization</U>&rdquo; means,
with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of
ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;Reorganization
Agreement&rdquo; means the Reorganization Agreement, dated as of December 11, 2023 (together with all exhibits, annexes, schedules
and other disclosure schedules and letters thereto, collectively, as modified, amended, supplemented, consented to or waived,
from time to time), by and among Liberty Media, SplitCo and Parent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Replacement Loans</U>&rdquo; has
the meaning assigned to such term in Section 9.02(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Replacement Satellite Vendor Indebtedness</U>&rdquo;
means Indebtedness of the Borrower provided by a Satellite Manufacturer or satellite launch vendor, insurer or insurance agent
or Affiliate thereof for (a) the construction, launch and insurance of all or part of one or more replacement satellites or satellite
launches for such satellites, where &ldquo;replacement satellite&rdquo; means a satellite that is used for continuation of the
Borrower&rsquo;s satellite service as a replacement for, or supplement to, a satellite that is retired or relocated (due to a
deterioration in operating useful life) within the existing service area or reasonably determined by the Borrower to no longer
meet the requirements for such service, or (b) the replacement of a spare satellite that has been launched or that is no longer
capable of being launched or suitable for launch.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Required 2022 Incremental Term
Lenders</U>&rdquo; means, at any time, the holders of more than 50% of the sum of the aggregate unpaid principal amount of the
2022 Incremental Term Loans then outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;Required
2024 Incremental Delayed Draw Term Lenders&rdquo; means, subject to Section 2.18(b), at any time, the holders of more than 50%
of the sum of the aggregate unused 2024 Incremental Delayed Draw Commitments then in effect and the unpaid principal amount of
the 2024 Incremental Delayed Draw Term Loans then outstanding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;Required
Consummation Date&rdquo; has the meaning assigned to such term in the Ninth Amendment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Required Lenders</U>&rdquo; means,
subject to Section 2.18(b), at any time, the holders of more than 50% of the sum of (i) the aggregate unpaid principal amount
of the Incremental Term Loans then outstanding, if any, <FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(ii)</P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0">the Total Revolving Commitments then in effect or, if the Revolving
Commitments have been terminated, the Total Revolving Loans then outstanding<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">
and (iii) the 2024 Incremental Delayed Draw Term Commitment then in effect</FONT>.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Required Reimbursement Date</U>&rdquo;
has the meaning assigned to such term in Section 2.17(e).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Required Revolving Lenders</U>&rdquo;
means, subject to Section 2.18(b), at any time, the holders of more than 50% of the Total Revolving Commitments then in effect
or, if the Revolving Commitments have been terminated, the Total Revolving Loans then outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Requirement of Law</U>&rdquo;
means, as to any Person, any law, treaty, rule, regulation or other official administrative guidance or determination of an arbitrator
or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to
which such Person or any of its property is subject.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Resolution Authority</U>&rdquo;
means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Restricted Payment</U>&rdquo;
with respect to any Person means:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a) the declaration or payment
of any dividends or any other distributions of any sort in respect of its Capital Stock (including any payment in connection with
any merger or consolidation involving such Person) or similar payment to the direct or indirect holders of its Capital Stock (other
than (i) dividends or distributions payable solely in its Capital Stock (other than Disqualified Stock), (ii) dividends or distributions
payable solely to the Borrower or a Restricted Subsidiary and (iii) pro rata dividends or other distributions made by a Subsidiary
that is not a Wholly Owned Subsidiary to minority shareholders (or owners of an equivalent interest in the case of a Subsidiary
that is an entity other than a corporation));</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b) the purchase, repurchase,
redemption, defeasance or other acquisition or retirement for value of any Capital Stock of the Borrower or any direct or indirect
parent of the Borrower held by any Person (other than by a Restricted Subsidiary) or of any Capital Stock of a Restricted Subsidiary
held by any Affiliate of the Borrower (other than by the Borrower or a Restricted Subsidiary), including in connection with any
merger or consolidation and including the exercise of any option to exchange any Capital Stock (other than into Capital Stock
of the Borrower that is not Disqualified Stock);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c) the purchase, repurchase,
redemption, defeasance or other acquisition or retirement for value, prior to scheduled maturity, scheduled repayment or scheduled
sinking fund payment of any Subordinated Obligations of the Borrower (other than, in the case of this clause (c), from the Borrower
or a Restricted Subsidiary); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d) the making of any Investment
(other than a Permitted Investment) in any Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Restricted Subsidiary</U>&rdquo;
means any Subsidiary of the Borrower other than Unrestricted Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Commitment</U>&rdquo;
means, as to any Revolving Lender, the obligation of such Revolving Lender to make Revolving Loans and purchase participation
interests in Letters of Credit in an aggregate principal amount not to exceed the amount set forth under the heading &ldquo;Revolving
Commitment&rdquo; opposite such Lender&rsquo;s name on <U>Schedule 1.01A</U> hereto, as amended by the Fifth Amendment, or in
the Assignment and Assumption or New Lender Supplement pursuant to which such Revolving Lender became a party hereto, as the same
may be changed from time to time pursuant to the terms of this Agreement. The original aggregate amount of all Revolving Commitments
as of the Fifth Amendment Effective Date is $1,750,000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Commitment Percentage</U>&rdquo;
means, with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender&rsquo;s Revolving Commitment
at such time to the Total Revolving Commitments at such time.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Commitment Period</U>&rdquo;
means the period from and including the Fifth Amendment Effective Date to the Revolving Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Facility</U>&rdquo;
has the meaning assigned to such term in the definition of &ldquo;Facility.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Fee Payment Date</U>&rdquo;
means (a) the first Business Day following the last day of each March, June, September and December during the Revolving Commitment
Period and (b) the last day of the Revolving Commitment Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Lender</U>&rdquo; means
each Lender that has a Revolving Commitment or that holds Revolving Loans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Loans</U>&rdquo; has
the meaning assigned to such term in Section 2.01(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Revolving Termination Date</U>&rdquo;
means the fifth anniversary of the Fifth Amendment Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Sale/Leaseback Transaction</U>&rdquo;
means an arrangement relating to property owned by the Borrower or a Restricted Subsidiary on the Closing Date or thereafter acquired
by the Borrower or a Restricted Subsidiary whereby the Borrower or a Restricted Subsidiary transfers such property to a Person
and the Borrower or a Restricted Subsidiary leases it from such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Satellite</U>&rdquo; means any
satellite owned by, or leased(in its entirety) to, the Borrower or any Restricted Subsidiary and any satellite that is the subject
of any satellite purchase agreement between or among the Borrower or any Restricted Subsidiary, on the one hand, and the Satellite
Manufacturer of such satellite, on the other hand (whether such satellite is in the process of manufacture, has been delivered
for launch or is in orbit (whether or not in operational service)).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Satellite Manufacturer</U>&rdquo;
means, with respect to any Satellite, the prime contractor and manufacturer of such Satellite.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Satisfactory HoldCo</U>&rdquo;
means a holding company that (a) is a direct parent company of the Borrower and (b) owns 100% of the Capital Stock of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Second Amendment</U>&rdquo; means
Amendment No. 2 to Credit Agreement, dated as of the Second Amendment Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Second Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 4 of the Second Amendment are satisfied (or waived), which
date is June 16, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Second Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Second Amendment, the execution, delivery and performance
by the Credit Parties of any document executed in connection therewith, the borrowing of Loans on or after the Second Amendment
Effective Date and the use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Secured Cash Management Agreement</U>&rdquo;
means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank, except for
any such Cash Management Agreement designated by the Borrower in writing to the Administrative Agent as an &ldquo;unsecured cash
management agreement&rdquo; as of the Closing Date or, if later, as of the time of entering into such Cash Management Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Secured Indebtedness</U>&rdquo;
means Indebtedness of the Borrower or any of its Restricted Subsidiaries secured by any Lien on any assets of the Borrower or
a Restricted Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Secured Overnight Financing Rate</U>&rdquo;
means a rate per annum equal to the secured overnight financing rate as administered by the SOFR Administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Secured Parties</U>&rdquo; has
the meaning assigned to such term in the Security Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Secured Swap Agreement</U>&rdquo;
means any Swap Agreement that is entered into by and between the Borrower or any Restricted Subsidiary and any Secured Swap Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Secured Swap Bank</U>&rdquo; means
any Person that is a counterparty to a Swap Agreement with the Borrower or one of its Restricted Subsidiaries, in its capacity
as such, and that either (a) is a Lender, an Agent Party, or an Affiliate of a Lender or an Agent Party at the time it enters
into such Swap Agreement or (b) becomes a Lender, an Agent Party or an Affiliate of a Lender or an Agent Party at any time after
it has entered into such Swap Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Securities Act</U>&rdquo; means
the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Securitization Repurchase Obligation</U>&rdquo;
means any obligation of a seller (or any guaranty of such obligation) of assets subject to a Receivables Facility in a Qualified
Receivables Facility to repurchase such assets arising as a result of a breach of a representation, warranty or covenant or otherwise,
including, without limitation, as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute,
offset or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating
to the seller.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Security Agreement</U>&rdquo;
means the Security Agreement dated as of December 5, 2012 by and among the Borrower and each Subsidiary Guarantor and the Administrative
Agent, substantially in the form of <U>Exhibit H</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Senior Indebtedness</U>&rdquo;
means with respect to any Person:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a) Indebtedness of such Person,
whether outstanding on the Closing Date or thereafter Incurred; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b) all other obligations of
such Person (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to
such Person whether or not post-filing interest is allowed in such proceeding) in respect of Indebtedness described in clause
(a) above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">unless, in the case of clauses (a) and (b), in the instrument
creating or evidencing the same or pursuant to which the same is outstanding, it is provided that such Indebtedness or other obligations
are subordinate in right of payment to the Obligations; <I>provided</I>, <I>however</I>, that Senior Indebtedness shall not include:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt"> (i) any obligation of such Person to the Borrower
or any Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt"> (ii) any liability for federal, state, local
or other taxes owed or owing by such Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt"> (iii) any accounts payable or other liability
to trade creditors arising in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt"> (iv) any Indebtedness or other obligation of
such Person which is subordinate or junior in any respect to any other Indebtedness or other obligation of such Person;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt"> (v) that portion of any Indebtedness which
at the time of Incurrence is Incurred in violation of this Agreement; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt"> (vi) any Capital Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Senior Secured Leverage Ratio</U>&rdquo;
means, as of any date of determination, the ratio of (x) Consolidated Secured Debt as of the last day of the Test Period most
recently ended on or prior to such date of determination to (y) Consolidated Operating Cash Flow for such Test Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Seventh Amendment</U>&rdquo; means
Amendment No. 7 to Credit Agreement, dated as of the Seventh Amendment Effective Date.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Seventh Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 3 of the Seventh Amendment are satisfied (or waived), which
date is March 29, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Seventh Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Seventh Amendment and the execution, delivery and performance
by the Credit Parties of any document executed in connection therewith, the borrowing of Loans on or after the Seventh Amendment
Effective Date and the use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Sixth Amendment</U>&rdquo; means
the Incremental Term Facility Activation Notice (Amendment No. 6 to the Credit Agreement), dated as of the Sixth Amendment Effective
Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Sixth Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 3 of the Sixth Amendment are satisfied (or waived), which
date is April 11, 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Sixth Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Sixth Amendment, the execution, delivery and performance
by the Credit Parties of any document executed in connection therewith, the borrowing of Loans on or after the Sixth Amendment
Effective Date and the use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>SOFR</U>&rdquo; shall mean a rate
equal to the secured overnight financing rate as administered by the SOFR Administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>SOFR Administrator</U>&rdquo;
shall mean the New York Fed (or a successor administrator of the secured overnight financing rate).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>SOFR Administrator&rsquo;s Website</U>&rdquo;
shall mean the New York Fed&rsquo;s website, currently at http://www.newyorkfed.org, or any successor source for the secured overnight
financing rate identified as such by the SOFR Administrator from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>SOFR Determination Date</U>&rdquo;
has the meaning specified in the definition of &ldquo;Daily Simple SOFR&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>SOFR Rate Day</U>&rdquo; has the
meaning specified in the definition of &ldquo;Daily Simple SOFR&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Solvent</U>&rdquo; means, with
respect to any Person, at any date, that (a) the sum of such Person&rsquo;s debts (including contingent or subordinated liabilities)
do not exceed either the Fair Value or the Present Fair Saleable Value of such Person&rsquo;s present assets, (b) such Person&rsquo;s
capital is not unreasonably small in relation to its business as conducted and contemplated on such date, (c) such Person has
not incurred and does not intend to incur, or believe that it will incur, debts (including current or subordinated obligations)
beyond its ability to pay such debts as they become due (whether at maturity or otherwise), and (d) such Person is &ldquo;solvent&rdquo;
within the meaning given that term and similar terms under applicable Requirements of Law relating to fraudulent transfers and
conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount
that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected
to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under
Statement of Financial Accounting Standard No. 5).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Space Bridge Facility</U>&rdquo;
has the meaning set forth in the Eighth Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Space Bridge Facility Obligations</U>&rdquo;
means any obligations in respect of any Space Bridge Facility, including interest thereon and fees in respect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Specified Existing Incremental
Term Loan Class</U>&rdquo; has the meaning assigned to such term in Section 2.19(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Specified Existing Revolving Commitment
Class</U>&rdquo; has the meaning assigned to such term in Section 2.19(a).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Specified Extended Incremental
Term Loans</U>&rdquo; has the meaning assigned to such term in Section 2.19(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Specified Extended Revolving Commitments</U>&rdquo;
has the meaning assigned to such term in Section 2.19(d).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;Specified
Representations&rdquo; means the representations and warranties of the Borrower set forth in Sections 3.01, 3.02 (in each case,
related to the entering into, borrowing under, guaranteeing of, performance of, and granting of security interests in the Collateral
pursuant to, the Loan Documents), 3.03(b) (as related to the organizational documents of the Borrower and the Guarantors), 3.08,
3.12, 3.15, 3.18, 3.19(a)(solely with respect to the use of proceeds), 3.19(d) and 3.21.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;SplitCo&rdquo;
means Liberty Sirius XM Holdings Inc., a Delaware corporation and wholly owned subsidiary of Liberty Media.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">&ldquo;Splitoff&rdquo;
has the meaning assigned to the term &ldquo;Split-Off Transactions&rdquo; in the Reorganization Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Standard &amp; Poor&rsquo;s</U>&rdquo;
means Standard &amp; Poor&rsquo;s Rating Services.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Standard Securitization Undertakings</U>&rdquo;
means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower which
the Borrower has determined in good faith to be customary in a Receivables Facility, including, without limitation, those relating
to the servicing of the assets of a Receivables Subsidiary, it being understood that any Securitization Repurchase Obligation
shall be deemed to be a Standard Securitization Undertaking.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Subordinated Obligation</U>&rdquo;
means, with respect to a Person, any Indebtedness for borrowed money of such Person (whether outstanding on the Closing Date or
thereafter incurred) to a third-party that is subordinate or junior in right of payment to the Obligations pursuant to a written
agreement to that effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Subsidiary</U>&rdquo; means, with
respect to any Person, any corporation, association, partnership or other business entity of which more than 50% of the total
voting power of shares of Voting Stock is at the time owned or controlled, directly or indirectly, by (a) such Person, (b) such
Person and one or more Subsidiaries of such Person or (c) one or more Subsidiaries of such Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Subsidiary Guarantee</U>&rdquo;
means the Subsidiary Guarantee Agreement, dated as of December 5, 2012, by and among each Subsidiary Guarantor and the Administrative
Agent, substantially in the form of <U>Exhibit C</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Subsidiary Guarantor</U>&rdquo;
means each Subsidiary that is a party to the Subsidiary Guarantee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Successor Borrower</U>&rdquo;
has the meaning assigned to such term in Section 6.03(i)(A).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>Supported
QFC</U>&rdquo; has the meaning assigned to such term in &lrm;Section 9.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Suspension Conditions</U>&rdquo;
has the meaning assigned to such term in Section 9.16(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Suspension Period</U>&rdquo; has
the meaning assigned to such term in Section 9.16(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Swap</U>&rdquo; means any agreement,
contract or transaction that constitutes a &ldquo;<U>swap</U>&rdquo; within the meaning of Section 1a(47) of the Commodity Exchange
Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Swap Agreement</U>&rdquo; means
any agreement with respect to any swap, cap, collar, hedge, forward, future or derivative transaction or option or similar agreement
involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or
economic, financial or pricing indices or measures of economic, financial or pricing risk or value or any similar transaction
or any combination of these transactions; <I>provided</I> that no phantom stock or similar plan providing for payments only on
account of services provided by current or former directors, officers, employees or consultants of the Borrower or the Restricted
Subsidiaries shall be a Swap Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Swap Obligation</U>&rdquo; means,
with respect to any Person, all obligations of such Person under any Swap Agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Taxes</U>&rdquo; means any and
all present or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed by any Governmental Authority,
including any interest, additions to tax and penalties related thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Term Benchmark</U>&rdquo; when
used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest
at a rate determined by reference to the Adjusted Term SOFR Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Term SOFR</U>&rdquo; shall mean,
for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has
been selected or recommended by the Relevant Governmental Body.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Term SOFR Determination Day</U>&rdquo;
has the meaning assigned to it under the definition of Term SOFR Reference Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Term SOFR Reference Rate</U>&rdquo;
means, for any day and time (such day, the &ldquo;<U>Term SOFR Determination Day</U>&rdquo;), with respect to any Term Benchmark
Borrowing denominated in Dollars and for any tenor comparable to the applicable Interest Period, the rate per annum determined
by the Administrative Agent as the forward-looking term rate based on the Secured Overnight Financing Rate. If by 5:00 pm (New
York City time) on such Term SOFR Determination Day, the &ldquo;Term SOFR Reference Rate&rdquo; for the applicable tenor has not
been published by the CME Term SOFR Administrator, then the Term SOFR Reference Rate for such Term SOFR Determination Day will
be the Term SOFR Reference Rate as published in respect of the first preceding U.S. Government Securities Business Day for which
such Term SOFR Reference Rate was published by the CME Term SOFR Administrator, so long as such first preceding Business Day is
not more than five (5) Business Days prior to such Term SOFR Determination Day.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Test Period</U>&rdquo; means the
four consecutive fiscal quarter period most recently ended for which financial statements have been delivered pursuant to Section
5.01. A Test Period may be designated by reference to the last day thereof, and a Test Period shall be deemed to end on the last
day thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Third Amendment</U>&rdquo; means
Amendment No. 3 to Credit Agreement, dated as of the Third Amendment Effective Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Third Amendment Effective Date</U>&rdquo;
means the date on which the conditions precedent set forth in Section 4 of the Third Amendment are satisfied (or waived), which
date is June 29, 2018.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Third Amendment Transactions</U>&rdquo;
means the execution, delivery and performance by the Borrower of the Third Amendment, the execution, delivery and performance
by the Credit Parties of any document executed in connection therewith, the borrowing of Loans on or after the Third Amendment
Effective Date and the use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Total Leverage Ratio</U>&rdquo;
means, as of any date of determination, the ratio of (x) Consolidated Total Debt as of the last day of the Test Period most recently
ended on or prior to such date of determination to (y) Consolidated Operating Cash Flow for such Test Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Total Percentage</U>&rdquo; means,
with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender&rsquo;s Aggregate Exposure at such
time to the Aggregate Exposure of all Lenders at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Total Revolving Commitments</U>&rdquo;
means, at any time, the aggregate amount of the Revolving Commitments then in effect.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Total Revolving Loans</U>&rdquo;
means, at any time, the aggregate amount of the Revolving Loans of the Revolving Lenders outstanding at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Transactions</U>&rdquo; means
the execution, delivery and performance by the Borrower of this Agreement, the execution, delivery and performance by the Credit
Parties of the other Credit Documents, the borrowing of Loans and the use of proceeds thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>TT&amp;C Station</U>&rdquo; means
an earth station operated by the Borrower or any Restricted Subsidiary for the purpose of providing tracking, telemetry, control
and monitoring of any Satellite.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Type</U>&rdquo; means, as to any
Loan, its nature as an ABR Loan, a Eurocurrency Loan or a Term Benchmark Loan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>U.S. Government Securities Business
Day</U>&rdquo; means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial
Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading
in United States government securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>U.S. Lender</U>&rdquo; means any
Lender that is a &ldquo;United States person&rdquo; as defined in Section 7701(a)(30) of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&ldquo;<U>U.S. Special
Resolution Regime</U>&rdquo; has the meaning assigned to such term in &lrm;Section 9.20.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>UK Financial Institution</U>&rdquo;
means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United
Kingdom Prudential Regulation Authority) or any person subject to IFPRU 11.6 of the FCA Handbook (as amended from time to time)
promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms,
and certain affiliates of such credit institutions or investment firms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>UK Resolution Authority</U>&rdquo;
means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial
Institution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Unadjusted Benchmark Replacement</U>&rdquo;
shall mean the Benchmark Replacement excluding the Benchmark Replacement Adjustment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Unrestricted Subsidiary</U>&rdquo;
means (a) any Subsidiary of the Borrower that at the time of determination shall be designated as an Unrestricted Subsidiary by
the Board of Directors in the manner provided below and (b) any Subsidiary of an Unrestricted Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The Board of Directors may designate any
Subsidiary of the Borrower (including any newly acquired or newly formed Subsidiary) to be an Unrestricted Subsidiary unless such
Subsidiary or any of its Subsidiaries at the time of such designation owns (i) any Capital Stock or Indebtedness of, or holds
any Lien on any property of, the Borrower or any other Subsidiary of the Borrower that is not a Subsidiary of the Subsidiary to
be so designated or (ii) any Satellite, any material Intellectual Property or any rights to operate wireless spectra; <I>provided</I>,
<I>however</I>, that both immediately before and after giving effect to such designation, no Event of Default shall have occurred
and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The Board of Directors may designate any
Unrestricted Subsidiary to be a Restricted Subsidiary; provided, however, both immediately before and after giving effect to such
designation, no Event of Default shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Any such designation by the Board of Directors
shall be evidenced to the Administrative Agent by promptly filing with the Administrative Agent a copy of the resolution of the
Board of Directors giving effect to such designation and an officers&rsquo; certificate certifying that such designation complied
with the foregoing provisions.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>USA PATRIOT Act</U>&rdquo; has
the meaning assigned to such term in the definition of &ldquo;Anti-Terrorism Laws.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Voting Stock</U>&rdquo; of a Person
means all classes of Capital Stock of such Person then outstanding and normally entitled (without regard to the occurrence of
any contingency) to vote in the election of directors, managers or trustees thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Weighted Average Life to Maturity</U>&rdquo;
when applied to any Indebtedness at any date, means the number of years obtained by dividing (a) the sum of the products obtained
by multiplying (i) the amount of each then remaining installment, sinking fund, serial maturity or other required payment of principal,
including payment at final maturity, in respect thereof by (ii) the number of years (calculated to the nearest one-twelfth) that
shall elapse between such date and the making of such payment by (b) the then outstanding principal amount of such Indebtedness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Wholly Owned Subsidiary</U>&rdquo;
means a Subsidiary all the Capital Stock of which (other than directors&rsquo; qualifying shares) is owned by the Borrower or
one or more other Wholly Owned Subsidiaries (or, in the case of clause (z) to the proviso of Section 6.03(a), the Satisfactory
HoldCo).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Withdrawal Liability</U>&rdquo;
means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such
terms are defined in Part I of Subtitle E of Title IV of ERISA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&ldquo;<U>Write-Down and Conversion Powers</U>&rdquo;
means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority
from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers
are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable
Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial
Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares,
securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect
as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under
that Bail-In Legislation that are related to or ancillary to any of those powers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.02 Classification of Loans
and Borrowings</U>. For purposes of this Agreement, Loans
may be classified and referred to by Class (e.g., a &ldquo;<U>Revolving Loan</U>&rdquo;) or by Type (e.g., a &ldquo;<U>Eurocurrency
Loan</U>&rdquo;) or by Class and Type (e.g., a &ldquo;<U>Eurocurrency Revolving Loan</U>&rdquo;). Borrowings also may be classified
and referred to by Class (e.g., a &ldquo;<U>Revolving Borrowing</U>&rdquo;) or by Type (e.g., a &ldquo;<U>Eurocurrency Borrowing</U>&rdquo;)
or by Class and Type (e.g., a &ldquo;<U>Eurocurrency Revolving Borrowing</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.03 Pro Forma Determinations</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) If any transaction giving rise to
the need to calculate the Total Leverage Ratio or the Senior Secured Leverage Ratio is an Incurrence of Indebtedness, the amount
of such Indebtedness shall be calculated after giving effect on a pro forma basis to such Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) If the Borrower or any Restricted
Subsidiary has repaid, repurchased, defeased or otherwise discharged any Indebtedness that was outstanding as of the end of such
fiscal quarter or if any Indebtedness is to be repaid, repurchased, defeased or otherwise discharged on the date of the transaction
giving rise to the need to calculate the Total Leverage Ratio or the Senior Secured Leverage Ratio (other than, in each case,
Indebtedness Incurred under any revolving credit agreement), the aggregate amount of Indebtedness shall be calculated on a pro
forma basis and Consolidated Operating Cash Flow shall be calculated as if the Borrower or such Restricted Subsidiary had not
earned the interest income, if any, actually earned during the Test Period in respect of cash or Cash Equivalents used to repay,
repurchase, defease or otherwise discharge such Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) If since the beginning of any Test
Period, the Borrower or any Restricted Subsidiary shall have made any disposition, the Consolidated Operating Cash Flow for the
Test Period shall be reduced by an amount equal to the Consolidated Operating Cash Flow (if positive) directly attributable to
the assets which are the subject</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">of such disposition for the Test Period or increased by an
amount equal to the Consolidated Operating Cash Flow (if negative) directly attributable thereto for the Test Period;</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) If since the beginning of the Test
Period, the Borrower or any Restricted Subsidiary (by merger or otherwise) shall have made an Investment in any Restricted Subsidiary
(or any Person that becomes a Restricted Subsidiary) or an acquisition of assets that constitutes all or substantially all of
an operating unit of a business, Consolidated Operating Cash Flow for the Test Period shall be increased by an amount equal to
the Consolidated Operating Cash Flow (if positive) directly attributable to such Investment, Restricted Subsidiary or assets that
are the subject of such transaction for the Test Period or decreased by an amount equal to the Consolidated Operating Cash Flow
(if negative) directly attributable thereto for the Test Period; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) If since the beginning of the Test
Period any Person (that subsequently became a Restricted Subsidiary or was merged with or into the Borrower or any Restricted
Subsidiary since the beginning of such Test Period) shall have made any disposition, any Investment or acquisition of assets that
would have required an adjustment pursuant to clause (c) or (d) above if made by the Borrower or a Restricted Subsidiary during
the Test Period, Consolidated Operating Cash Flow for the Test Period shall be calculated after giving pro forma effect thereto
as if such disposition, Investment or acquisition had occurred on the first day of the Test Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">For all purposes of this Agreement, whenever
pro forma effect is to be given to an acquisition of assets, the amount of income or earnings relating thereto and the amount
of Consolidated Interest Expense associated with any Indebtedness Incurred in connection therewith, the pro forma calculations
relating thereto shall be determined in accordance with GAAP in good faith by a Financial Officer of the Borrower. If any Indebtedness
bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as
if the rate in effect on the date of determination had been the applicable rate for the entire period (taking into account any
Swap Agreement applicable to such Indebtedness if such Swap Agreement has a remaining term in excess of 12 months). If any Indebtedness
is Incurred under a revolving credit facility and is being given pro forma effect, the interest on such Indebtedness shall be
calculated based on the average daily balance of such Indebtedness for the four fiscal quarters subject to the pro forma calculation
to the extent such Indebtedness was Incurred solely for working capital purposes. For purposes of determining the allocated amount
of Indebtedness or Liens Incurred in any transaction not prohibited herein, the amount of any fixed dollar &ldquo;basket&rdquo;
usage (including any borrowing under any Revolving Facility or under any Incremental <FONT STYLE="color: red"><STRIKE>Credit</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Term
</FONT>Facility) under any provision of this Agreement made substantially simultaneously with, or contemporaneously with,
any &ldquo;ratio&rdquo; test hereunder will be disregarded when determining pro forma compliance with such &ldquo;ratio&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.04 Terms Generally</U>. The definitions of terms herein shall
apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include
the corresponding masculine, feminine and neuter forms. The words &ldquo;include,&rdquo; &ldquo;includes&rdquo; and &ldquo;including&rdquo;
shall be deemed to be followed by the phrase &ldquo;without limitation.&rdquo; The word &ldquo;will&rdquo; shall be construed
to have the same meaning and effect as the word &ldquo;shall.&rdquo; Unless the context requires otherwise (a) any definition
of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument
or other document as from time to time amended, supplemented, restated, amended and restated, extended or otherwise modified (subject
to any restrictions on such amendments, supplements or modifications set forth herein), (b) any reference herein to any Person
shall be construed to include such Person&rsquo;s successors and assigns, (c) the words &ldquo;herein,&rdquo; &ldquo;hereof&rdquo;
and &ldquo;hereunder,&rdquo; and words of similar import, shall be construed to refer to this Agreement in its entirety and not
to any particular provision hereof, (d) all references herein to Articles, Sections, Exhibits and Schedules shall be construed
to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (e) any reference herein to any Requirement
of Law shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting
such Requirement of Law and (f) the words &ldquo;asset&rdquo; and &ldquo;property&rdquo; shall be construed to have the same meaning
and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and
contract rights. The foregoing standards shall also apply to the other Credit Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.05 Accounting Terms; GAAP</U>. Except as otherwise expressly provided
herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.06 Limited Condition Transaction</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) In connection with any action being
taken in connection with a Limited Condition Transaction, for purposes of determining compliance with any provision of this Agreement
that requires that no Default or Event of Default, as applicable, has occurred, is continuing or would result from any such action,
as applicable, such condition shall, at the option of the Borrower, be deemed satisfied, so long as no Default or Event of Default,
as applicable, exists on the date on which the definitive acquisition agreements for such Limited Condition Transaction are entered.
For the avoidance of doubt, if the Borrower has exercised its option under the first sentence of this clause (a), and any Default
or Event of Default occurs following the date on which the definitive acquisition agreements for the applicable Limited Condition
Transaction were entered into and prior to or on the date of the consummation of such Limited Condition Transaction, any such
Default or Event of Default shall be deemed to not have occurred or be continuing for purposes of determining whether any action
being taken in connection with such Limited Condition Transaction is permitted hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) In connection with any action being
taken in connection with a Limited Condition Transaction, for purposes of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) determining compliance
with any provision of this Agreement that requires the calculation of the Total Leverage Ratio or the Senior Secured Leverage
Ratio or any other ratio or test requiring pro forma compliance; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) testing baskets or any
other calculation set forth in this Agreement (including baskets measured as a percentage of Consolidated Operating Cash Flow
or Consolidated Total Assets);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">in each case, at the option of the Borrower (the Borrower&rsquo;s
election to exercise such option in connection with any Limited Condition Transaction, an &ldquo;<U>LCT Election</U>&rdquo;),
the date of determination of whether any such action is permitted hereunder shall be deemed to be (x) the date on which the definitive
agreements for such Limited Condition Transaction are entered into or (y) the date of any prepayment, redemption, repurchase,
defeasance, acquisition or other payment (the &ldquo;<U>LCT Test Date</U>&rdquo;), and if, after giving pro forma effect to the
Limited Condition Transaction and the other transactions to be entered into in connection therewith (including any Incurrence
of Indebtedness and the use of proceeds thereof) as if they had occurred at the beginning of the Test Period most recently ended
on or prior to the applicable LCT Test Date, the Borrower could have taken such action on the relevant LCT Test Date in compliance
with such ratio or basket, such ratio or basket shall be deemed to have been complied with. For the avoidance of doubt, if the
Borrower has made an LCT Election and any of the ratios or baskets for which compliance was determined or tested as of the LCT
Test Date are exceeded as a result of fluctuations in any such ratio or basket, including due to fluctuations in Consolidated
Operating Cash Flow or Consolidated Total Assets of the Borrower or the Person subject to such Limited Condition Transaction,
on or prior to the date of consummation of the relevant transaction or action, such baskets or ratios will not be deemed to have
been exceeded as a result of such fluctuations. If the Borrower has made an LCT Election for any Limited Condition Transaction,
then in connection with any subsequent calculation of any ratio or test with respect to the Incurrence of Indebtedness or Liens
(including Incremental Term Loans and Incremental Revolving Commitments), or the making of distributions or Restricted Payments,
Investments, Asset Dispositions or other dispositions not constituting Asset Dispositions, mergers, dispositions of all or substantially
all of the assets of the Borrower or the designation of an Unrestricted Subsidiary on or following the relevant LCT Test Date
and prior to the earlier of the date on which such Limited Condition Transaction is consummated or the definitive agreement for
such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction, any such
ratio or basket shall be calculated on a pro forma basis assuming such Limited Condition Transaction and other transactions in
connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) have been consummated.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.07 Classification Regarding
Negative Covenant Exception; Foreign Currencies</U>. For purposes of determining compliance
with Section 6.01 and 6.02, in the event that any Indebtedness or Lien is entitled to be Incurred, created, made or assumed, as
applicable, pursuant to one or more of the exceptions enumerated therein, the Borrower may, in its sole discretion and from time
to time, classify, reclassify or deem such Indebtedness and Lien as having been Incurred, created, made or assumed, as applicable,
pursuant to any applicable exception therein; <I>provided</I>, that (x) all Indebtedness outstanding under the Credit Documents
and any Indebtedness</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Incurred to Refinance (in whole or in part) such Indebtedness
will be deemed to have been Incurred in reliance only on the exception set forth in Section 6.01(a) and (y) all Liens outstanding
under the Credit Documents and any Lien created or assumed to Refinance (in whole or in part) such Liens will be deemed to have
been Incurred in reliance only on the exception set forth in clause (x)(i) of the definition of Permitted Lien. For purposes of
determining compliance with Article VI with respect to the amount of any Indebtedness, Lien, Asset Disposition, Restricted Payment,
transaction with Affiliates, Sales and Leasebacks or Investment Incurred, created, made or assumed in a currency other than Dollars,
no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after
the time such Indebtedness, Lien, Asset Disposition, Restricted Payment, transaction with Affiliates, Sales and Leasebacks or
Investment is Incurred, created, made or assumed.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.08 Divisions</U>. For all purposes under the Loan Documents,
in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction&rsquo;s
laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different
Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new
Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence
by the holders of its Capital Stock at such time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 1.09 Interest Rates; Benchmark
Notification</U>. The interest rate on a Loan denominated
in dollars or an alternative currency may be derived from an interest rate benchmark that may be discontinued or is, or may in
the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.21(b) provides
a mechanism for determining an alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility
for, and shall not have any liability with respect to, the administration, submission, performance or any other matter related
to any interest rate used in this Agreement, or with respect to any alternative or successor rate thereto, or replacement rate
thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement
reference rate will be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced
or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The Administrative
Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest
rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any
relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information
sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof,
or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability
to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive,
incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in
equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>ARTICLE II&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </U><BR>
<BR>
<U>The Credits</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.01 Revolving Commitments
</U><FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">,
</FONT><U>2022 Incremental Term Commitments</U><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"> and
2024 Incremental Delayed Draw Term Commitments</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Subject to the terms and conditions
hereof, from time to time during the Revolving Commitment Period, each Revolving Lender severally agrees to make to the Borrower
revolving credit loans denominated in Dollars or Canadian Dollars (&ldquo;<U>Revolving Loans</U>&rdquo;) in an aggregate principal
amount that will not result at the time of such Borrowing in either (x) the amount of such Lender&rsquo;s Outstanding Revolving
Credit under the Revolving Commitments exceeding such Lender&rsquo;s Revolving Commitment or (y) the amount of Revolving Loans
denominated in Canadian Dollars exceeding C$250,000,000. During the Revolving Commitment Period, the Borrower may use the Revolving
Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms
and conditions hereof. The Revolving Loans may from time to time be (x) prior to the Automatic SOFR Conversion Date, Eurocurrency
Loans or ABR Loans and (y) on or following the Automatic SOFR Conversion Date, Term Benchmark Loans, Eurocurrency Loans (solely
with respect to Revolving Loans in Canadian Dollars) or ABR Loans, in each case, as determined by the Borrower and notified to
the Administrative Agent in accordance with Sections 2.03 and 2.05; <I>provided</I> that, notwithstanding anything set forth in
herein or any</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">other Loan Document to the contrary, interest on all Eurocurrency
Revolving Loans in Dollars outstanding as of the Automatic SOFR Conversion Date shall continue to accrue interest at the LIBO
Rate as in effect immediately prior to the Automatic SOFR Conversion Date, be paid in accordance with the terms of this Agreement
and remain outstanding hereunder as Eurocurrency Revolving Loans until the expiration of the then-current Interest Period applicable
to such Eurocurrency Revolving Loans, at which time interest shall be determined at the Adjusted Term SOFR Rate after giving effect
to the Automatic SOFR Conversion Date. For the avoidance of doubt, the Borrower may not request any Eurocurrency Revolving Loans
in Dollars for a borrowing on and following the Automatic SOFR Conversion Date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) Each Revolving Loan under
the Revolving Commitments shall be made as part of a Borrowing consisting of Revolving Loans made by the Revolving Lenders thereunder
ratably in accordance with their respective Revolving Commitments. The failure of any Revolving Lender to make any Revolving Loan
required to be made by it shall not relieve any other Revolving Lender of its obligations hereunder; <I>provided</I> that the
Revolving Commitments of the Revolving Lenders are several and no Revolving Lender shall be responsible for any other Revolving
Lender&rsquo;s failure to make Revolving Loans as required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) At the commencement of
each Interest Period for any Term Benchmark Revolving Borrower or Eurocurrency Revolving Borrowing, such Borrowing shall be in
an aggregate amount that is an integral multiple of $1,000,000 and not less than $5,000,000 (or an integral multiple of C$1,000,000
and not less than C$5,000,000 in the case of Loans denominated in Canadian Dollars). At the time that each ABR Revolving Borrowing
is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $5,000,000
(or an integral multiple of C$1,000,000 and not less than C$5,000,000 in the case of Loans denominated in Canadian Dollars); <I>provided
</I>that an ABR Revolving Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Total Revolving
Commitments. Borrowings of more than one Type and Class may be outstanding at the same time; <I>provided</I> that there shall
not at any time be more than a total of thirteen (13) Term Benchmark Revolving Borrowings and Eurocurrency Revolving Borrowings
outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) Subject to the terms and conditions
set forth herein and in the Sixth Amendment, each 2022 Incremental Term Lender with a 2022 Incremental Term Commitment severally
agrees to make to the Borrower the 2022 Incremental Term Loans, which (i) shall be incurred pursuant to a single drawing on the
Sixth Amendment Effective Date, (ii) shall be denominated in Dollars, and (iii) shall not exceed for any such 2022 Incremental
Term Lender at any time of any incurrence thereof, the 2022 Incremental Term Commitment of such 2022 Incremental Term Lender on
the Sixth Amendment Effective Date (before giving effect to the termination thereof on such date pursuant to <U>Section 2.06(b)</U>).
Once repaid, the 2022 Incremental Term Loans may not be reborrowed. The 2022 Incremental Term Loans may from time to time be Term
Benchmark Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections
2.03 and 2.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) At the commencement of
each Interest Period for any Term Benchmark Borrowing on the 2022 Incremental Term Loans, such Borrowing shall be in an aggregate
amount that is an integral multiple of $1,000,000 and not less than $5,000,000. At the time that each ABR Borrowing of the 2022
Incremental Term Loans is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and
not less than $5,000,000; <I>provided</I> that an ABR Borrowing of the 2022 Incremental Term Loans may be in an aggregate amount
that is equal to the entire unused balance of the 2022 Incremental Term Commitments. Borrowings of more than one Type and Class
may be outstanding at the same time; <I>provided</I> that there shall not at any time be more than a total of one (1) Term Benchmark
Borrowing of the 2022 Incremental Term Loans outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"><U>(c)</U></FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Subject
to the terms and conditions set forth herein and in the Ninth Amendment, each 2024 Incremental Delayed Draw Term Lender with a
2024 Incremental Delayed Draw Term Commitment severally agrees to make to the Borrower the 2024 Incremental Delayed Draw Term
Loans, which (i) shall be incurred in up to three (3) separate drawings during the 2024 Incremental Delayed Draw Term Loan Availability
Period, (ii) shall be denominated in Dollars, and (iii) shall not exceed for any such 2024 Incremental Delayed Draw Term Lender
at any time of any incurrence thereof, the 2024 Incremental Delayed Draw Term Commitment of such 2024 Incremental Delayed Draw
Term Lender available on the relevant 2024 Incremental Delayed Draw Funding Date.</FONT></P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">Once
repaid, the 2024 Incremental Delayed Draw Term Loans may not be reborrowed. The 2024 Incremental Delayed Draw Term Loans may from
time to time be Term Benchmark Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance
with Sections 2.03 and 2.05.</FONT></P>

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

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(i)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">At
the commencement of each Interest Period for any Term Benchmark Borrowing on the 2024 Incremental Delayed Draw Term Loans, such
Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $5,000,000. At the time
that each ABR Borrowing of the 2024 Incremental Delayed Draw Term Loans is made, such Borrowing shall be in an aggregate amount
that is an integral multiple of $1,000,000 and not less than $5,000,000; <I>provided</I> that an ABR Borrowing of the 2024 Incremental
Delayed Draw Term Loans may be in an aggregate amount that is equal to the entire unused balance of the 2024 Incremental Delayed
Draw Term Commitments. Borrowings of more than one Type and Class may be outstanding at the same time; <I>provided</I> that there
shall not at any time be more than a total of six (6) Term Benchmark Borrowings of the 2024 Incremental Delayed Draw Term Loans
outstanding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.02 Incremental Revolving
Commitments and Incremental Term Loans</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) The Borrower and one or more Lenders
(including New Lenders subject to clause (d) below) may from time to time agree that such Lenders shall Incur Incremental Revolving
Commitments (which shall have the effect of increasing the amount of the existing Revolving Commitments) by executing and delivering
to the Administrative Agent an Incremental Revolving Commitment Activation Notice specifying (x) the amount of the Incremental
Revolving Commitments and (y) the applicable Incremental Revolving Commitment Closing Date. Notwithstanding the foregoing,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) the aggregate amount of
(A) the Incremental Term Loans and Incremental Revolving Commitments (after giving pro forma effect thereto and the use of the
proceeds thereof) Incurred pursuant to this Section 2.02 <U>plus</U> (B) the aggregate principal amount of Permitted Additional
Debt Incurred under Section 6.01(p)(ii)(A) shall not exceed, as of the date of Incurrence, the sum of (x) the greater of (1) the
Incremental Base Amount and (2) 100% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior to
the date of any such Incurrence (calculated on a pro forma basis after giving effect to such Incurrence as if such Incurrence
and any transaction to be consummated in connection therewith had occurred on the first day of such Test Period and assuming that
all Incremental Revolving Commitments then outstanding were fully drawn) <U>plus</U> (y) the amount of voluntary repayments or
prepayments of Incremental Term Loans, Indebtedness incurred under Section 6.01(p) and other Indebtedness that is secured on an
equal priority basis with the Obligations and the amount of permanent reductions of Revolving Commitments, <U>plus</U> (z) an
aggregate additional amount of Incremental Revolving Commitments, such that, subject to Section 1.06, after giving pro forma effect
to such Incurrence (and after giving effect to any transaction to be consummated in connection therewith and assuming that all
Incremental Revolving Commitments then outstanding were fully drawn), the Borrower would be in compliance with a Senior Secured
Leverage Ratio as of the last day of the Test Period most recently ended on or prior to the date of the Incurrence of any such
Incremental Revolving Commitments, calculated on a pro forma basis, as if such Incurrence (and transaction) had occurred on the
first day of such Test Period, that is no greater than 3.50 to 1.00; <I>provided</I> that Incremental Term Loans may be Incurred
without regard to such Senior Secured Leverage Ratio and without regard as to whether any Default or Event of Default has occurred
and is continuing to the extent that the Net Cash Proceeds from such Incremental Term Loans are used on the date of incurrence
of such Incremental Term Loans (or substantially concurrently therewith) to prepay any other outstanding Incremental Term Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) subject to Section 1.06,
no Incremental Revolving Commitments may be Incurred if a Default or Event of Default (or, in the case of Incremental Revolving
Commitments Incurred to finance any Investment being made in connection with an acquisition of Capital Stock or assets of another
Person, no Event of Default under Section 7.01(a), (b), (h) or (i)) would be in existence immediately before or after giving pro
forma effect thereto and to any concurrent transactions and any substantially concurrent use of the proceeds thereof,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iii) any Incremental Revolving
Commitment shall be on the same terms, pursuant to the same documentation, and treated the same as the existing Revolving Facility
(including with respect to maturity date thereof) and shall be considered to be part of the Revolving Facility (it being understood
that, if required to consummate an Incremental Revolving Commitment, (x) the Applicable Rates and Commitment Fee Rates on the
existing Revolving Facility may be increased and additional upfront or similar fees may be payable to the Lenders providing such
Incremental Revolving Commitment and (y) any Previously Absent Financial Maintenance Covenant may be added without any consent
of any Person so long as the Administrative Agent shall have been given prompt written notice thereof and this Agreement is amended
to include such Previously Absent Financial Maintenance Covenant for the benefit of the entire Revolving Facility);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iv) unless otherwise agreed
by the Administrative Agent, (A) each increase effected pursuant to this paragraph shall be in a minimum amount of at least $100,000,000
and (B) no more than four (4) Incremental Revolving Commitment Activation Notices may be delivered by the Borrower after the Fifth
Amendment Effective Date; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(v) no existing Lender shall
have any obligation to incur any Incremental Revolving Commitments unless it agrees to do so in its sole discretion and the Borrower
shall not be obligated to offer any existing Lender the opportunity to provide any Incremental Revolving Commitment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) The Borrower and any one or more
Lenders (including New Lenders subject to clause (d) below) may from time to time agree that such Lenders shall make Incremental
Term Loans by executing and delivering to the Administrative Agent an Incremental Term Facility Activation Notice specifying (A)
the principal amount of such Incremental Term Loans, (B) the applicable Incremental Term Facility Closing Date, (C) the applicable
Incremental Term Maturity Date; <I>provided</I> that no more than the greater of (x) $500,000,000 and (y) 25% of Consolidated
Operating Cash Flow for the Test Period most recently ended on or prior to the date of such Incurrence (calculated on a pro forma
basis after giving effect to such Incurrence as if such Incurrence and any related transactions had occurred on the first day
of such Test Period) of Incremental Term Loans may have a final maturity date prior to the Latest Maturity Date<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">;
<I>provided further</I> that notwithstanding the immediately preceding proviso (but without duplication of the amount set forth
therein), the 2024 Incremental Delayed Draw Term Loans may have a final maturity date prior to the Latest Maturity Date</FONT>,
(D) the amortization schedule for such Incremental Term Loans, which shall comply with Section 2.07(a), (E) the currency, Applicable
Rate and any rate floors for such Incremental Term Loans, (F) the proposed original issue or other funding discounts, upfront
fees or other fees, (G) any Borrower and Borrower affiliate loan purchase provisions and (H) the prepayment terms (which may include
customary excess cash flow sweeps, prepayments with the net cash proceeds of dispositions or casualty events, issuances of Capital
Stock or Incurrences of Indebtedness) and premiums, if any, applicable to such Incremental Term Loans, and the manner in which
prepayments of such Incremental Term Loans shall be applied to the installments thereof and as between Classes of Incremental
Term Loans<FONT STYLE="color: red"><STRIKE>)</STRIKE></FONT>. Notwithstanding the foregoing,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) the aggregate amount of
(A) the Incremental Term Loans and Incremental Revolving Commitments (after giving pro forma effect thereto and the use of the
proceeds thereof) Incurred pursuant to this Section 2.02 plus (B) the aggregate principal amount of Permitted Additional Debt
Incurred under Section 6.01(p)(ii)(A) shall not exceed, as of the date of Incurrence, (x) the greater of (1) the Incremental Base
Amount and (2) 100% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior to the date of any
such Incurrence (calculated on a pro forma basis after giving effect to such Incurrence as if such Incurrence and any transaction
to be consummated in connection therewith had occurred on the first day of such Test Period and assuming that all Incremental
Revolving Commitments then outstanding were fully drawn) <U>plus</U> (y) the amount of voluntary repayments or prepayments of
Incremental Term Loans, Indebtedness incurred under Section 6.01(p) and other Indebtedness that is secured on a pari passu basis
with the Obligations and the amount of permanent reductions of Revolving Commitments <U>plus</U> (z) an aggregate additional amount
of Incremental Term Loans, such that, subject to Section 1.06, after giving pro forma effect to such Incurrence (and after giving
effect to any transaction to be consummated in connection therewith and assuming that all Incremental Revolving Commitments then
outstanding were fully drawn), the Borrower would be in compliance with a Senior Secured Leverage Ratio as of the last day of
the Test Period most recently ended on or prior to the date of the Incurrence of any such Incremental Term Loans, calculated on
a pro forma basis, as if such Incurrence (and transaction) had</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">occurred on the first day of such Test Period, that
is no greater than 3.50 to 1.00; <I>provided</I> that Incremental Term Loans may be incurred without regard to such Senior Secured
Leverage Ratio and without regard as to whether any Default or Event of Default has occurred and is continuing to the extent that
the Net Cash Proceeds from such Incremental Term Loans are used on the date of incurrence of such Incremental Term Loans (or substantially
concurrently therewith) to prepay any other outstanding Incremental Term Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) subject to Section 1.06,
no Incremental Term Loans may be incurred if a Default or Event of Default (or, in the case of Incremental Term Loans Incurred
to finance any Investment being made in connection with an acquisition of Capital Stock or assets of another Person, no Event
of Default under Section 7.01(a), (b), (h) or (i)) would be in existence immediately before or after giving pro forma effect thereto
and to any concurrent transactions and any substantially concurrent use of the proceeds thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iii) Incremental Term Loans
may otherwise have terms and conditions different from those of the Revolving Facility; <I>provided</I> that (x) except with respect
to matters contemplated by clauses (A)(subject to clause (i) above) through (H) above, any differences shall be reasonably satisfactory
to the Administrative Agent to the extent such differences are not consistent with the requirements of clause (b) of the definition
of &ldquo;Permitted Additional Debt&rdquo;; <I>provided</I> that a certificate of a Financial Officer of the Borrower delivered
to the Administrative Agent at least five Business Days prior to the incurrence, issuance or other obtaining of such Indebtedness,
together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation
relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing
requirement shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative
Agent notifies the Borrower within such five Business Day period that it disagrees with such determination (including a reasonable
description of the basis upon which it disagrees);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iv) unless otherwise agreed
by the Administrative Agent, (A) no Class of Incremental Term Loans shall be in an aggregate principal amount less than $100,000,000
and (B) no more than four (4) Classes of Incremental Term Loans may be outstanding under this Agreement at any time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(v) no existing Lender shall
have any obligation to make any Incremental Term Loans unless it agrees to do so in its sole discretion and the Borrower shall
not be obligated to offer any existing Lender the opportunity to provide any Incremental Term Loans; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(vi) any Incremental Term
Loan that is repaid may not be reborrowed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) Each Incremental Revolving Commitment
and/or Incremental Term Loan shall have the same guarantees as and be secured on an equal priority basis by the collateral securing
the Revolving Facility and constitute &ldquo;Obligations&rdquo; pursuant to the existing Credit Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Any additional bank, financial institution
or other Person that, with the consent of the Borrower, elects to become a &ldquo;Lender&rdquo; under this Agreement in connection
with any transaction described in Section 2.02(a) or 2.02(b) shall execute a New Lender Supplement (each, a &ldquo;<U>New Lender
Supplement</U>&rdquo;), substantially in the form of <U>Exhibit G-1</U>, whereupon such bank, financial institution or other Person
(a &ldquo;<U>New Lender</U>&rdquo;) shall become a Lender for all purposes and to the same extent as if originally a party hereto
and shall be bound by and entitled to the benefits of this Agreement and the other Credit Documents. Solely with respect to any
Incremental Revolving Commitments, the Administrative Agent shall have consent rights (not to be unreasonably withheld, conditioned
or delayed) with respect to such New Lender, if such consent would be required under Section 9.05 for an assignment of Revolving
Loans or Revolving Commitments, as applicable, to such New Lender, and solely with respect to any Incremental Revolving Commitments,
the Issuing Bank shall have consent rights (not to be unreasonably withheld, conditioned or delayed) with respect to such New
Lender, if such consent would be required under Section 9.05 for an assignment of Revolving Loans or Revolving Commitments, as
applicable, to such New Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) With respect to Incremental Revolving
Commitments, each Lender that is acquiring an Incremental Revolving Commitment on an Incremental Revolving Commitment Closing
Date shall make a Revolving Loan, the proceeds of which will be used to prepay the Revolving Loans of the Revolving Lenders (other
than such Lender and the other Lenders acquiring an Incremental Revolving Commitment) outstanding immediately</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">prior to such Incremental Revolving Commitment Closing Date,
so that, after giving effect thereto, each Revolving Lender (including each Lender that is acquiring an Incremental Revolving
Commitment) holds its Revolving Commitment Percentage of the Revolving Loans outstanding after giving effect to such Incremental
Revolving Commitment on such Incremental Revolving Commitment Closing Date. If there is a new Revolving Borrowing on such Incremental
Revolving Commitment Closing Date, the Revolving Lenders after giving effect to such Incremental Revolving Commitments shall make
such Revolving Loans in accordance with Section 2.01.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(f) Commitments in respect of Incremental
Revolving Commitments or Incremental Term Loans shall become Commitments (or in the case of an Incremental Revolving Commitments
to be provided by an existing Lender with a Revolving Commitment, an increase in such Lender&rsquo;s applicable Revolving Commitment)
under this Agreement pursuant to an Activation Notice, executed by the Borrower, each Lender agreeing to provide such Commitment,
if any, each New Lender, if any, and the Administrative Agent. Each such Activation Notice may, subject to the limitations set
forth in this Section 2.02, without the consent of any other Lenders, effect such amendments to this Agreement and the other Credit
Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect
the provisions of this Section 2.02. The effectiveness of any Activation Notice and the occurrence of any Borrowing pursuant to
such Activation Notice shall be subject to the satisfaction of such conditions as the parties thereto shall agree.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.03 Procedure for Revolving
Loan</U><FONT STYLE="color: red"><STRIKE> and</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">,
</FONT><U>2022 Incremental Term Loan </U><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">and
2024 Incremental Delayed Draw Term Loan </FONT><U>Borrowing</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) To request a Revolving Borrowing
on any Business Day, the Borrower shall notify the Administrative Agent of such request by telephone (which notice must be received
by the Administrative Agent prior to (i) 12:00 p.m., New York City time, in the case of ABR Loans denominated in Dollars, (ii)
1:00 p.m. New York City time, in the case of Eurocurrency Loans or Term Benchmark Loans denominated in Dollars, (iii) 11:00 a.m.
Toronto, Ontario, time, in the case of ABR Loans denominated in Canadian Dollars and (iv) 1:00 p.m. Toronto, Ontario, time, in
the case of Eurocurrency Loans denominated in Canadian Dollars (x) not less than three Business Days prior to the requested Borrowing
Date, in the case of Term Benchmark Loans or Eurocurrency Loans, (y) on the requested Borrowing Date, in the case of ABR Loans
denominated in Dollars or (z) not less than one Business Day prior to the requested Borrowing Date, in the case of ABR Loans denominated
in Canadian Dollars). Each such telephonic borrowing request shall be confirmed promptly in writing. Each such telephonic and
written borrowing request shall specify the currency, amount, Facility and Type of Borrowing to be borrowed and the requested
Borrowing Date. Upon receipt of such notice, the Administrative Agent shall promptly notify each relevant Revolving Lender thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) If no election as to the Type of
Revolving Borrowing is specified, then the requested Revolving Borrowing shall be an ABR Borrowing. If no Interest Period is specified
with respect to any requested Term Benchmark Revolving Borrowing or Eurocurrency Revolving Borrowing, then the Borrower shall
be deemed to have selected an Interest Period of one month&rsquo;s duration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) To request a Borrowing of the 2022
Incremental Term Loan<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">s</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">or
2024 Incremental Delayed Draw Term Loans </FONT>on any Business Day, the Borrower shall notify the Administrative Agent of
such request by telephone (which notice must be received by the Administrative Agent prior to (i) 12:00 p.m., New York City time,
in the case of ABR Loans or (ii) 1:00 p.m. New York City time, in the case of Term Benchmark Loans (x) not less than three Business
Days prior to the requested Borrowing Date, in the case of Term Benchmark Loans or (y) on the requested Borrowing Date, in the
case of ABR Loans denominated in Dollars). Each such telephonic borrowing request shall be confirmed promptly in writing. Each
such telephonic and written borrowing request shall specify the currency, amount, Facility and Type of Borrowing to be borrowed
and the requested Borrowing Date. Upon receipt of such notice, the Administrative Agent shall promptly notify each relevant 2022
Incremental Term Lender <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">or 2024 Incremental
Delayed Draw Term Lender </FONT>thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) If no election as to the Type of
Borrowing of the 2022 Incremental <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Term Loan
or the 2024 Incremental Delayed Draw </FONT>Term Loan is specified, then the requested Borrowing shall be an ABR Borrowing.
If no Interest Period is specified with respect to any requested Term Benchmark Borrowing of the 2022 Incremental Term Loans<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">
or the 2024 Incremental Delayed Draw Term Loans</FONT>, then the Borrower shall be deemed to have selected an Interest Period
of one month&rsquo;s duration.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.04 Funding of Borrowings</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Each Lender shall make each Loan
to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 2:00 p.m., New York
City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders.
The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like
funds, to an account of the Borrower maintained with the Administrative Agent in New York City or to any other account as shall
have been designated by the Borrower in writing to the Administrative Agent in the applicable borrowing request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) Unless the Administrative Agent shall
have received notice from a Lender prior to the proposed time of any Borrowing that such Lender will not make available to the
Administrative Agent such Lender&rsquo;s share of such Borrowing, the Administrative Agent may assume that such Lender has made
such share available on such date in accordance with paragraph (a) of this Section and may, in reliance upon such assumption,
make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable
Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative
Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount
is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of such
Lender, a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation or (ii)
in the case of the Borrower, the interest rate applicable to such Loans. If such Lender pays such amount to the Administrative
Agent, then such amount shall constitute such Lender&rsquo;s Loan included in such Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.05 Interest Elections</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Each Borrowing initially shall be
of the Type specified in the applicable borrowing request and each Eurocurrency Borrowing and each Term Benchmark Borrowing shall
have an initial Interest Period as specified in the such borrowing request. Thereafter, the Borrower may elect to convert any
Borrowing of any Class to a different Type (subject to limitations set forth in Section 2.01) or to continue such Borrowing as
the same Type and may elect successive Interest Periods for any Eurocurrency Borrowing or Term Benchmark Borrowing, all as provided
in this Section. The Borrower may elect different Types or Interest Periods, as applicable, with respect to different portions
of the affected Borrowing, in which case each such portion shall be allocated ratably among the relevant Lenders holding the Loans
comprising the relevant portion of such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) To make an election pursuant to this
Section, the Borrower shall notify the Administrative Agent of such election by telephone by the time that a request for the applicable
Borrowing would be required under Section 2.03, if the Borrower were requesting a Borrowing of the Type resulting from such election
to be made on the effective date of such election. Each such telephonic Interest Election Request shall be confirmed promptly
in writing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) Each telephonic and written Interest
Election Request shall specify (i) the Borrowing(s) to which such Interest Election Request applies and, if different options
are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing
(in which case the information to be specified pursuant to clauses (iii) and (iv) below shall be specified for each resulting
Borrowing), (ii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business
Day, (iii) whether each such resulting Borrowing is to be an ABR Borrowing, a Eurocurrency Borrowing or Term Benchmark Borrowing,
and (iv) if the resulting Borrowing(s) is/are a Eurocurrency Borrowing or Term Benchmark Borrowing, the Interest Period to be
applicable thereto after giving effect to such election, which shall be a period contemplated by the definition of the term &ldquo;Interest
Period.&rdquo; If any such Interest Election Request requests a Eurocurrency Borrowing or a Term Benchmark Borrowing but does
not specify an Interest Period, then the Borrower shall be deemed to have selected an Interest Period of one month&rsquo;s duration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Promptly following receipt of an
Interest Election Request, the Administrative Agent shall advise each relevant Lender of the details thereof and of such Lender&rsquo;s
portion of each resulting Borrowing.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) If the Borrower fails to deliver
a timely Interest Election Request with respect to a Eurocurrency Borrowing or Term Benchmark Borrowing prior to the end of the
Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period
such Borrowing shall be continued as such for an Interest Period of one month. Notwithstanding any contrary provision hereof,
if an Event of Default has occurred and is continuing and the Administrative Agent, at the request of the Required Lenders, so
notifies the Borrower, then, so long as an Event of Default is continuing (i) no outstanding Borrowing may be converted to or
continued as a Eurocurrency Borrowing or Term Benchmark Borrowing and (ii) unless repaid, each Eurocurrency Borrowing and Term
Benchmark Borrowing shall be converted to an ABR Borrowing at the end of the Interest Period applicable thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.06 Termination and Reduction
of Commitments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) The Borrower shall have the right,
upon not less than three Business Days&rsquo; notice to the Administrative Agent, to terminate the Revolving Commitments or, from
time to time, to reduce the amount of the Revolving Commitments; <I>provided</I> that no such termination or reduction of Revolving
Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Revolving Loans made on the effective
date thereof, the Outstanding Revolving Credits would exceed the Total Revolving Commitments. Any such reduction shall be in an
amount equal to an integral multiple of $1,000,000 and not less than $5,000,000 (or an integral multiple of C$1,000,000 and not
less than C$5,000,000 in the case of Loans denominated in Canadian Dollars) and shall reduce permanently the Revolving Commitments
then in effect; <I>provided</I> that any such termination or reduction shall apply proportionately and permanently to reduce the
Revolving Commitments of each of the Lenders within each Class of Revolving Commitments, except that, notwithstanding the foregoing,
(1) the Borrower may allocate any termination or reduction of Revolving Commitments among Classes of Revolving Commitments at
its direction (including, for the avoidance of doubt, to the Revolving Commitments with respect to any Class of Extended Revolving
Commitments without any termination or reduction of the Revolving Commitments with respect to any existing Revolving Commitments
of the same Specified Existing Revolving Commitment Class) and (2) in connection with the establishment on any date of any Extended
Revolving Commitments pursuant to Section 2.19, the existing Revolving Commitments of any one or more Lenders providing any such
Extended Revolving Commitments on such date shall be reduced in an amount equal to the amount of Specified Existing Revolving
Commitments so extended on such date (or, if agreed by the Borrower and the Lenders providing such Extended Revolving Commitments,
by any greater amount so long as the Borrower prepays the Loans under the existing Revolving Commitments of such Class owed to
such Lenders providing such Extended Revolving Commitments to the extent necessary to ensure that, after giving effect to such
repayment or reduction, the Loans under the existing Revolving Commitments of such Class are held by the Lenders of such Class
on a <I>pro rata</I> basis in accordance with their existing Revolving Commitments of such Class after giving effect to such reduction)
(<I>provided</I> that (x) after giving effect to any such reduction and to the repayment of any Loans made on such date, the aggregate
amount of the revolving credit exposure of any such Lender does not exceed the Existing Revolving Commitment thereof (such revolving
credit exposure and Revolving Commitment being determined in each case, for the avoidance of doubt, exclusive of such Lender&rsquo;s
Extended Revolving Commitment and any exposure in respect thereof) and (y) for the avoidance of doubt, any such repayment of Loans
contemplated by the preceding clause shall be made in compliance with the requirements of Section 2.15 with respect to the ratable
allocation of payments hereunder, with such allocation being determined after giving effect to any conversion pursuant to Section
2.19 of existing Revolving Commitments and Loans under such Existing Revolving Loans into Extended Revolving Commitments and Loans
under such Extended Revolving Loans respectively, and prior to any reduction being made to the Revolving Commitment of any other
Lender).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) The 2022 Incremental Term Commitment
of the 2022 Incremental Term Lender shall terminate in its entirety on the Sixth Amendment Effective Date after the funding of
all relevant 2022 Incremental Term Loans on such date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(c)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">The
2024 Incremental Delayed Draw Term Loan Commitment of each 2024 Incremental Delayed Draw Term Lender shall (x) automatically terminate
in full on the 2024 Incremental Delayed Draw Term Commitment Termination Date and (y) automatically be reduced upon the funding
of any 2024 Incremental Delayed Draw Term Loans pursuant to the 2024 Incremental Delayed Draw Term Loan Commitments by the amount
of the 2024 Incremental Delayed Draw Term Loans so funded.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.07 Repayment of Loans; Evidence
of Debt</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) The Incremental Term Loans of each
Incremental Term Lender shall mature in one or more installments as specified in the Incremental Term Facility Activation Notice
pursuant to which such Incremental Term Loans were made, <I>provided</I> that, except in the case of the final installment, such
installments shall be no more frequent than quarterly. The Borrower shall repay the then unpaid principal amount of each 2022
Incremental Term Loan on the Incremental Term Maturity Date<FONT STYLE="color: red"><STRIKE> for the 2022 Incremental Term Loans.</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">.
The Borrower shall repay (i) on the last Business Day of each March, June, September and December, commencing with the last Business
Day of the first full fiscal quarter ended after the 2024 Incremental Delayed Draw Initial Funding Date, an aggregate principal
amount equal to the sum of 1.25% (or such greater amount to make such 2024 Incremental Delayed Draw Term Loans fungible with the
then existing 2024 Incremental Delayed Draw Term Loans) of the aggregate principal amount of the 2024 Incremental Delayed Draw
Term Loans borrowed on each 2024 Incremental Delayed Draw Funding Date (in each case, in the aggregate original principal amount
borrowed on the applicable 2024 Incremental Delayed Draw Funding Date) and (ii) on any 2024 Incremental Delayed Draw Maturity
Date, the aggregate principal amount of all 2024 Incremental Delayed Draw Term Loans outstanding on such date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) The Borrower shall repay the then
unpaid principal amount of each Revolving Loan on the Revolving Termination Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) Each Lender shall maintain in accordance
with its usual practice an account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each
Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) The Administrative Agent shall maintain
accounts in which it shall record (i) the amount of each Loan made hereunder, the Class and Type thereof and the Interest Period
applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower
to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the
relevant Lenders and each relevant Lender&rsquo;s share thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) The entries made in the accounts
maintained pursuant to paragraph (c) or (d) of this Section shall be conclusive absent manifest error of the existence and amounts
of the obligations recorded therein; <I>provided</I> that the failure of any Lender or the Administrative Agent to maintain such
accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Loans in accordance with
the terms of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.08 Prepayments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Optional.
</FONT>The Borrower may at any time and from time to time prepay Loans, in whole or in part, without premium or penalty, upon
notice delivered to the Administrative Agent no later than 1:00 p.m., New York City time, not less than three Business Days prior
thereto, in the case of Eurocurrency Loans or Term Benchmark Loans, and no later than 1:00 p.m., New York City time, on the date
of such notice, in the case of ABR Loans, which notice shall specify the date and amount of prepayment and the Loans to be prepaid;
<I>provided</I> that, if a Eurocurrency Loan or a Term Benchmark Loan is prepaid on any day other than the last day of the Interest
Period applicable thereto, the Borrower shall also pay any amounts owing pursuant to Section 2.13<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">;
<I>provided further</I> that a notice of optional prepayment of 2024 Incremental Delayed Draw Term Loans may state that such notice
is conditional upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness
or the occurrence of some other identifiable event or condition, in which case such notice of prepayment may be revoked by the
Borrower (by notice to the Administrative Agent on or prior to the specified date of prepayment) if such condition is not satisfied</FONT>.
Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof. Partial prepayments
of Loans under the Revolving Facility<FONT STYLE="color: red"><STRIKE> or</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">,
</FONT>the 2022 <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Incremental Term Loans
or the 2024 </FONT>Incremental Term Loans shall be in an aggregate amount that is an integral multiple of $1,000,000 and not
less than $5,000,000 (or if less, the remaining outstanding principal amount thereof).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(b)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Mandatory.</FONT></P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(<FONT STYLE="color: red"><STRIKE>b</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">i</FONT>) <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Revolving
Loans. </FONT>If at any time for any reason the sum of the Outstanding Revolving Credit exceeds the Total Revolving Commitments,
the Borrower shall upon learning thereof, or upon the request of the Administrative Agent, immediately prepay the Revolving Loans
in an aggregate principal amount at least equal to the amount of such excess. If, on any Calculation Date, the Dollar Equivalent
of sum of the Outstanding Revolving Credit exceeds the Total Revolving Commitments, the Borrower shall, promptly upon notice thereof,
within five Business Days prepay the Revolving Loans in an aggregate principal amount in Dollars or Canadian Dollars at least
equal to the Dollar Equivalent amount of such excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(ii)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">2024
Incremental Delayed Draw Term Loans.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(A)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">No
later than ten (10) Business Days after receipt by the Borrower or any Restricted Subsidiary of Net Cash Proceeds in excess of
the greater of (x) $700,000,000 and (y) 25% of the Consolidated Operating Cash Flow for the most recently ended Test Period on
a pro forma basis from any non-ordinary course Asset Disposition (or series of related Asset Dispositions) (the &ldquo;Asset Sale
Mandatory Prepayment Threshold&rdquo;) or from any Casualty Event, the Borrower shall offer to prepay the 2024 Incremental Delayed
Draw Term Loans in an amount equal to (a) if the Total Leverage Ratio as of the last day of the most recently ended Test Period
on a pro forma basis is 3.25:1.00 or greater, 100% of such Net Cash Proceeds and (b) if the Total Leverage Ratio as of the last
day of the most recently ended Test Period on a pro forma basis is less than 3.25:1.00, 50% of such Net Cash Proceeds, in each
case, in excess of the Asset Sale Mandatory Prepayment Threshold; <I>provided</I> that, if the Borrower and the Restricted Subsidiaries
invest (or commit to invest) the Net Cash Proceeds from such event (or a portion thereof) within 540 days after receipt of such
Net Cash Proceeds in assets used in the business of the Borrower and its Subsidiaries (including any acquisitions or other Investment,
other than any Investment in cash and Cash Equivalents or intercompany Investments), then no prepayment offer shall be required
pursuant to this paragraph in respect of such Net Cash Proceeds in respect of such event (or the applicable portion of such Net
Cash Proceeds, if applicable) except to the extent of any such Net Cash Proceeds therefrom that have not been so invested (or
committed to be invested) by the end of such 540 day period (or if committed to be so invested within such 540 day period, have
not been so invested within 720 days after receipt thereof), at which time a prepayment offer shall be required in an amount equal
to such Net Cash Proceeds that have not been so invested (or committed to be invested); <I>provided</I>, <I>further</I>, that
the Borrower may use a portion of such Net Cash Proceeds to prepay or repurchase any other Indebtedness that is secured by a Lien
on the Collateral that ranks equal in priority (but without regard to the control of remedies) with the Lien on the Collateral
securing the Obligations to the extent such other Indebtedness and the Liens securing the same are permitted hereunder and the
documentation governing such other Indebtedness requires such a prepayment or repurchase thereof with the proceeds of such Asset
Disposition or Casualty Event, in each case in an amount not to exceed the product of (x) the amount of such Net Cash Proceeds
and (y) a fraction, the numerator of which is the outstanding principal amount of such other Indebtedness and the denominator
of which is the aggregate outstanding principal amount of 2024 Incremental Delayed Draw Term Loans and such other Indebtedness.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(B)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Substantially
simultaneously with receipt by the Borrower or any of its Restricted Subsidiaries of Net Cash Proceeds from the incurrence of
Indebtedness (other than Indebtedness permitted hereunder), the Borrower shall prepay the 2024 Incremental Delayed Draw Term Loans
in an amount equal to the amount thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(C)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(i)
To the extent that any or all of the Net Cash Proceeds of any Asset Disposition or Casualty Event received by a Foreign Subsidiary
that is not a Loan Party are prohibited or delayed by applicable law, fiduciary duty or other contractual obligations from being
distributed to any Loan Party, the portion of such Net Cash Proceeds so affected will not be required to be applied to repay the
2024 Incremental Delayed Draw Term Loans as set forth in clause (A) above, but may be retained by the applicable Foreign Subsidiary;
<I>provided</I> that, if the repatriation of the affected Net Cash Proceeds is permitted under applicable law and, to the extent</FONT></P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; color: Blue"><FONT STYLE="border-bottom: blue 3px double; background-color: #DDDDDD">applicable,
would no longer conflict with any fiduciary duty or other contractual obligation, within 18 months following the event giving
rise to such Net Cash Proceeds, an amount equal to such Net Cash Proceeds will be promptly applied (net of additional taxes payable
or reserved against as a result thereof) by the Borrower to the repayment of the 2024 Incremental Delayed Draw Term Loans to the
extent required by clause (A) above and (ii) to the extent that the Borrower has determined in good faith that distribution of
any of or all such Net Cash Proceeds to a Loan Party would have material adverse tax cost consequences to the Borrower and its
Restricted Subsidiaries or give rise to risk of liability for the directors of such Foreign Subsidiaries, such Net Cash Proceeds
so affected may be retained by the applicable Foreign Subsidiary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; color: blue">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(D)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Prior
to any mandatory prepayment of Borrowings hereunder, the Borrower shall select the Borrowing or Borrowings of the 2024 Incremental
Delayed Draw Term Loans to be prepaid and shall specify such selection in the notice of such prepayment pursuant to paragraph
(E) of this Section; provided that any Lender may elect, by notice to the Administrative Agent by telephone (confirmed by hand
delivery, facsimile or other electronic transmission) at least two Business Days prior to the prepayment date, to decline all
or any portion of any mandatory prepayment of its 2024 Incremental Delayed Draw Term Loans pursuant to this Section (other than
a mandatory prepayment pursuant to paragraph (b)(ii)(B) of this Section, which may not be declined), in which case the aggregate
amount of the prepayment that would have been applied to prepay such 2024 Incremental Delayed Draw Term Loans but was so declined
shall be retained by the Borrower and the Restricted Subsidiaries.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt"><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(E)</FONT> <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">The
Borrower shall notify the Administrative Agent of any prepayment pursuant to this Section 2.08(b)(ii) by telephone or delivering
a notice of prepayment; <I>provided</I> that, unless otherwise agreed by the Administrative Agent, such notice must be received
by the Administrative Agent no later than 1:00 p.m., New York City time, not less than five Business Days prior thereto; <I>provided</I>,
<I>further</I>, that each telephonic notice shall be confirmed promptly by hand delivery, facsimile or other electronic transmission
to the Administrative Agent of a written notice of prepayment signed by an authorized officer of the Borrower. Each such notice
shall specify the prepayment date and the principal amount of each Borrowing of 2024 Incremental Delayed Draw Term Loans or portion
thereof to be prepaid and a reasonably detailed calculation of the amount of such prepayment. Promptly following receipt of any
such notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each prepayment of a Borrowing shall be
applied ratably to the Loans included in the prepaid Borrowing. Prepayments shall be accompanied by accrued interest to the extent
required by Section 2.10. At the Borrower&rsquo;s election in connection with any prepayment pursuant to this Section 2.08(b)(ii),
such prepayment shall not be applied to any Loan of a Defaulting Lender and shall be allocated ratably among the relevant non-Defaulting
Lenders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.09 Fees</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) The Borrower agrees to pay to the
Administrative Agent <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(i) </FONT>for
the account of each Revolving Lender a commitment fee for the period from and including the Closing Date to the last day of the
Revolving Commitment Period, computed at the applicable Commitment Fee Rate on the average daily amount of the Available Revolving
Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on each Revolving Fee Payment
Date, commencing on the first such date to occur after the Closing Date<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">,
and (ii) for the account of each 2024 Incremental Delayed Draw Term Lender a delayed draw commitment fee for the period from and
including February 24, 2024 to the last day of the 2024 Incremental Delayed Draw Term Loan Availability Period, computed at a
rate per annum equal to 0.25% on the average daily amount of the unused portion of the 2024 Incremental Delayed Draw Term Commitments
of such 2024 Incremental Delayed Draw Term Lender during the period for which payment is made, payable in arrears on each 2024
Incremental Delayed Draw Term Loan Fee Payment Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) The Borrower agrees to pay (i) to
the Administrative Agent for the account of each Revolving Lender a participation fee with respect to its participations in Letters
of Credit, which shall accrue at the same Applicable Rate used to determine the interest rate applicable to (x) prior to the Automatic
SOFR Conversion Date,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Eurocurrency Revolving Loans and (y) on or following the Automatic
SOFR Conversion Date, Term Benchmark Revolving Loans, in each case, on the average daily amount of such Revolving Lender&rsquo;s
LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) during the period from and including
the Closing Date to but excluding the later of the date on which such Revolving Lender&rsquo;s Revolving Commitment terminates
and the date on which such Revolving Lender ceases to have any LC Exposure, and (ii) to the Issuing Bank a fronting fee, which
shall accrue at the rate of 0.125% per annum (or such other percentage as may be separately agreed between the Borrower and any
Issuing Bank) on the average daily amount of the LC Exposure of the Letters of Credit issued by it (excluding any portion thereof
attributable to unreimbursed LC Disbursements) during the period from and including the Closing Date to but excluding the later
of the date of termination of the Revolving Commitments and the date on which there ceases to be any such LC Exposure, as well
as the fees agreed by the Issuing Bank and the Borrower with respect to the issuance, amendment, renewal or extension of any Letter
of Credit or processing of drawings thereunder. Participation fees and fronting fees will be payable quarterly in arrears on each
Revolving Fee Payment Date, commencing on the first such date to occur after the Closing Date; <I>provided</I> that any such fees
accruing after the date on which the Revolving Commitments terminate shall be payable on demand. Any other fees payable to the
Issuing Bank pursuant to this paragraph shall be payable within 10 days after demand. All participation fees and fronting fees
shall be computed on the basis of a year of 365/366 days and shall be payable for the actual number of days elapsed (including
the first day but excluding the last day).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) The Borrower agrees to pay to the
Administrative Agent the fees in the amounts and on the dates as set forth in any fee agreements with the Administrative Agent
and to perform any other obligations contained therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) All fees payable hereunder shall
be paid on the dates due, in immediately available funds, to the Administrative Agent for distribution, in the case of commitment
fees, to the Revolving Lenders. Fees paid shall not be refundable under any circumstances. All per annum fees shall be computed
on the basis of a year of 365/366 days for actual days elapsed; <I>provided</I> that commitment fees shall be computed on the
basis of a year of 360 days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.10 Interest</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) The Loans comprising each ABR Borrowing
denominated in Dollars shall bear interest at the Alternate Base Rate plus the Applicable Rate. The Loans comprising each ABR
Borrowing denominated in Canadian Dollars shall bear interest at the Canadian Prime plus the Applicable Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) The Loans comprising each Eurocurrency
Borrowing in Dollars shall bear interest at the LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable
Rate. The Loans comprising each Eurocurrency Borrowing in Canadian Dollars shall bear interest at CDOR for the Interest Period
in effect for such Borrowing plus the Applicable Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) The Loans comprising each Term Benchmark
Borrowing shall bear interest at the Adjusted Term SOFR Rate for the Interest Period in effect for such Borrowing plus the Applicable
Rate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Notwithstanding the foregoing, during
the continuation of an Event of Default under Section 7.01(h) or (i) or if any principal of or interest on any Loan or any fee
or other amount payable by the Borrower hereunder is not paid when due, whether at stated maturity, upon acceleration or otherwise,
any such overdue amount shall bear interest, after as well as before judgment, at a rate per annum equal to (i) in the case of
overdue principal of any Loan, 2% plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of this
Section or (ii) in the case of any other amount, 2% plus the rate applicable to ABR Loans under the relevant Facility as provided
in paragraph (a) of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) Accrued interest on each Loan shall
be payable in arrears on each Interest Payment Date for such Loan and, in addition, in the case of Revolving Loans, upon termination
of the Revolving Commitments; <I>provided</I> that (i) interest accrued pursuant to paragraph (d) of this Section shall be payable
on demand, (ii) in the event of any repayment or prepayment of any Loan (other than a prepayment of an ABR Revolving Loan prior
to the end of the Revolving Commitment Period), accrued interest on the principal amount repaid or prepaid shall be payable on
the date of such repayment or prepayment and (iii) in the event of any conversion of any Eurocurrency Loan or Term</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Benchmark Loan prior to the end of the current Interest Period
therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(f) All interest hereunder shall be computed
on the basis of a year of 360 days, except that interest computed by reference to (x) the Alternate Base Rate at times when the
Alternate Base Rate is based on the Prime Rate or (y) CDOR or shall be computed on the basis of a year of 365 days (or 366 days
in a leap year), and in each case shall be payable for the actual number of days elapsed (including the first day but excluding
the last day). The applicable Alternate Base Rate, LIBO Rate, Adjusted Term SOFR Rate or Current Term SOFR shall be determined
by the Administrative Agent, and such determination shall be conclusive absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.11 Alternate Rate of Interest</U>. Subject to clauses (a), (b), (c), (d)
and (e) of &lrm;Section 2.21, if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) the Administrative Agent determines
(which determination shall be conclusive absent manifest error) (A) prior to the commencement of any Interest Period for a Term
Benchmark Borrowing or a Eurocurrency Borrowing, that adequate and reasonable means do not exist for ascertaining the Adjusted
Term SOFR Rate or CDOR (including because the Relevant Screen Rate is not available or published on a current basis), for the
applicable currency and such Interest Period or (B) at any time, that adequate and reasonable means do not exist for ascertaining
Daily Simple SOFR; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) the Administrative Agent is advised
by the Required Lenders that (A) prior to the commencement of any Interest Period for a Term Benchmark Borrowing or Eurocurrency
Borrowing, the Adjusted Term SOFR Rate or CDOR for the applicable currency and such Interest Period will not adequately and fairly
reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for
the applicable currency and such Interest Period or (B) at any time, Daily Simple SOFR will not adequately and fairly reflect
the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for the applicable
currency;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">then the Administrative Agent shall give notice thereof to
the Borrower and the Lenders by telephone, telecopy or electronic mail as promptly as practicable thereafter and, until (x) the
Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist with
respect to the relevant Benchmark and (y) the Borrower delivers a new Interest Election Request in accordance with the terms of
Section 2.05 or a new borrowing request in accordance with the terms of Section 2.03, (A) for Loans denominated in Dollars, any
Interest Election Request that requests the conversion of any Revolving Borrowing to, or continuation of any Revolving Borrowing
as, a Term Benchmark Borrowing and any borrowing request that requests a Term Benchmark Revolving Borrowing shall instead be deemed
to be an Interest Election Request or a borrowing request, as applicable, for (x) a Daily Simple SOFR Borrowing denominated in
Dollars so long as Daily Simple SOFR is not also the subject of Section 2.11(a) or (b) above or (y) an ABR Borrowing if Daily
Simple SOFR Borrowings also is the subject of Section 2.11(a) or (b) above and (B) for Loans denominated in Canadian Dollars,
any Interest Election Request that requests the conversion of any Revolving Borrowing to, or continuation of any Revolving Borrowing
as, a Eurocurrency Borrowing and any borrowing request that requests a Eurocurrency Revolving Borrowing shall instead be deemed
to be an Interest Election Request or a borrowing request, as applicable, for an ABR Borrowing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.12 Increased Costs</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) If any Change in Law shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) impose, modify or deem
applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits
with or for the account of, or credit extended by, any Lender (including any reserve for eurocurrency funding that may be established
or reestablished under Regulation D of the Federal Reserve Board);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) impose on any Lender
or the applicable offshore interbank market any other condition, cost or expense affecting this Agreement or Loans made by such
Lender; or</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iii) subject any Lender to
any Tax (except for Excluded Taxes, or Indemnified Taxes or Other Taxes indemnifiable under Section 2.14) on or in respect of
its loans, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable
thereto;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and the result of any of the foregoing shall be to increase
the cost to such Lender of making, continuing, converting into or maintaining any Loan (or of maintaining its obligation to make
any such Loan) or to increase the cost to such Lender or Issuing Bank of participating in, issuing or maintaining any Letter of
Credit or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise),
then the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender for such additional
costs incurred or reduction suffered, it being understood and agreed, however, that a Lender shall not be entitled to such compensation
as a result of such Lender&rsquo;s compliance with any Requirement of Law, or pursuant to any request, rule, guideline or directive
to comply with, any Requirement of Law unless such Lender is imposing such charges on or requesting such compensation from other
borrowers in the U.S. sub-investment grade loan market with respect to its similarly affected commitments, loans and/or participations
under agreements with such borrowers having provisions similar to this Section 2.12(a).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) If any Lender determines that any
Change in Law regarding capital or liquidity requirements has or would have the effect of reducing the rate of return on such
Lender&rsquo;s capital or on the capital of such Lender&rsquo;s holding company, if any, as a consequence of this Agreement or
the Loans made by such Lender to a level below that which such Lender or such Lender&rsquo;s holding company could have achieved
but for such Change in Law (taking into consideration such Lender&rsquo;s policies and the policies of such Lender&rsquo;s holding
company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender such additional amount
or amounts as will compensate such Lender or such Lender&rsquo;s holding company for any such reduction suffered, it being understood
and agreed, however, that a Lender shall not be entitled to such compensation as a result of such Lender&rsquo;s compliance with
any Requirement of Law, or pursuant to any request, rule, guideline or directive to comply with, any Requirement of Law unless
such Lender is imposing such charges on or requesting such compensation from other borrowers in the U.S. sub-investment grade
loan market with respect to its similarly affected commitments, loans and/or participations under agreements with such borrowers
having provisions similar to this Section 2.12(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) A certificate of a Lender setting
forth the amount or amounts necessary to compensate such Lender or its holding company, as the case may be, as specified in paragraph
(a) or (b) of this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall
pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Failure or delay on the part of any
Lender to demand compensation pursuant to this Section shall not constitute a waiver of such Lender&rsquo;s right to demand such
compensation; <I>provided</I> that the Borrower shall not be required to compensate a Lender pursuant to this Section for any
increased costs or reductions incurred more than 180 days prior to the date that such Lender notifies the Borrower of the Change
in Law giving rise to such increased costs or reductions and of such Lender&rsquo;s intention to claim compensation therefor;
<I>provided</I> <I>further</I> that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then
the 180-day period referred to above shall be extended to include the period of retroactive effect thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.13 Break Funding Payments</U>. In the event of (a) the payment of any
principal of any Eurocurrency Loan or Term Benchmark Loan other than on the last day of an Interest Period applicable thereto
(including as a result of an Event of Default), (b) the conversion of any Eurocurrency Loan or any Term Benchmark Loan other than
on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Eurocurrency
Loan or any Term Benchmark Loan on the date specified in any notice delivered pursuant hereto or (d) the assignment of any Eurocurrency
Loan or any Term Benchmark Loan other than on the last day of the Interest Period applicable thereto as a result of a request
by the Borrower pursuant to Section 2.16, then, in any such event, the Borrower shall compensate each Lender for the loss, cost
and expense attributable to such event. In the case of a Eurocurrency Loan, such loss, cost or expense to any Lender shall be
deemed to be an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued
on the principal amount of such Loan had such event not occurred, at the LIBO Rate that would have been applicable to such Loan,
for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a
failure to borrow, convert or continue, for the period that would have been the Interest Period for such Loan), over (ii) the
amount of interest which would accrue on such principal amount for such period</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">at the interest rate which such Lender would bid were it to
bid, at the commencement of such period, for deposits of a comparable amount and period from other banks in the eurocurrency market
(but not less than the available LIBO rate quoted for the LIBO interest period equal to the period from the date of such event
to the last day of the then current Interest Period, or if there is no such LIBO interest period, the lower of the LIBO rates
quoted for the closest LIBO interest periods that are longer and shorter than such period). A certificate of any Lender setting
forth any amount or amounts that such Lender is entitled to receive pursuant to this Section shall be delivered to the Borrower
and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate
within 10 days after receipt thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.14 Taxes</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Any and all payments by or on account
of any obligation of any Loan Party hereunder or under any other Loan Document shall be made free and clear of and without deduction
for any Taxes, except as required by applicable law; <I>provided</I> that if any Loan Party or any other applicable withholding
agent shall be required to deduct any Taxes from such payments, then (i) if the Tax in question is an Indemnified Tax or an Other
Tax, the sum payable by the applicable Loan Party shall be increased as necessary so that, after all required deductions have
been made (including deductions applicable to additional sums payable under this Section 2.14), the Administrative Agent or Lender
(as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (ii) the applicable
withholding agent shall make such deductions and (iii) the applicable withholding agent shall pay the full amount deducted to
the relevant Governmental Authority in accordance with applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) In addition, the Borrower shall pay
any Other Taxes to the relevant Governmental Authority in accordance with applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) The Loan Parties shall, jointly and
severally, indemnify the Administrative Agent and each Lender, within 10 days after written demand therefor, for the full amount
of any Indemnified Taxes imposed on or in respect of any payment by or on account of any Loan Party under any Loan Document, and
any Other Taxes, paid by the Administrative Agent or such Lender, as the case may be (including Indemnified Taxes or Other Taxes
imposed or asserted on or attributable to amounts payable under this Section 2.14), and reasonable expenses arising therefrom
or with respect thereto (excluding penalties attributable to gross negligence, bad faith or willful misconduct on the part of
the Administrative Agent or such Lender (as finally determined by a court of competent jurisdiction) (as applicable)), whether
or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority.
A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender, or by the Administrative Agent
on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. The Borrower shall be entitled to contest
with the relevant Governmental Authority, pursuant to applicable law and at its own expense, any Indemnified Taxes or Other Taxes
that it is ultimately obligated to pay, and the Administrative Agent or Lender shall reasonably cooperate with any such contest,
unless the Administrative Agent or such Lender determines in good faith that such cooperation would prejudice its legal or commercial
position in any material respect. This Section shall not be construed to require the Administrative Agent or Lender to make available
its Tax returns (or any other information relating to its Taxes which it deems confidential) to the Borrower or any other Person.
The Administrative Agent and each Lender shall give prompt notice of any Indemnified Taxes or Other Taxes imposed or asserted
on it, <I>provided</I>, <I>however</I>, that the Administrative Agent or such Lender&rsquo;s failure to give such prompt notice
to the Borrower shall not constitute a defense to any claim for indemnification by the Administrative Agent&rsquo;s or such Lender
unless, and only to the extent that, such failure materially prejudices the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) As soon as practicable after any
payment of any Taxes by any Loan Party to a Governmental Authority pursuant to this Section 2.14, the Borrower shall deliver to
the Administrative Agent a copy, or if reasonably available to the Borrower a certified copy, of a receipt issued by such Governmental
Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably satisfactory
to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) Any Lender that is entitled to an
exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall deliver to the Borrower
and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly
completed and executed</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">documentation reasonably requested by the Borrower or the Administrative
Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, each Lender
shall, at such times as are reasonably requested by the Borrower or the Administrative Agent, provide the Borrower and the Administrative
Agent with such other documentation prescribed by laws or reasonably requested by the Borrower or the Administrative Agent as
will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding
or information reporting requirements. Each such Lender shall, whenever a lapse in time or change in circumstances renders any
such documentation (including any specific documentation referred to below in this Section 2.14(e)) obsolete, expired or inaccurate
in any respect, deliver promptly to the Borrower and the Administrative Agent updated or other appropriate documentation (including
any new documentation reasonably requested by the Borrower or the Administrative Agent) or promptly notify the Borrower and the
Administrative Agent in writing of its inability to do so.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Without limiting the foregoing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(1) Each U.S. Lender shall deliver
to the Borrower and the Administrative Agent on or before the date on which it becomes a party to this Agreement two properly
completed and duly signed originals of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(2) Each Foreign Lender shall
deliver to the Borrower and the Administrative Agent on or before the date on which it becomes a party to this Agreement whichever
of the following is applicable:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">(A) two properly completed and
duly signed originals of IRS Form W-8BEN or W-8BEN-E (or any successor forms) claiming eligibility for the benefits of an income
tax treaty to which the United States is a party, and such other related documentation (if any) as required under the Code,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">(B) two properly completed and
duly signed originals of IRS Form W-8ECI (or any successor forms),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">(C) in the case of a Foreign
Lender claiming the benefits of the exemption for portfolio interest under Section 871(h) or Section 881(c) of the Code, (A) two
properly completed and duly signed certificates substantially in the form of <U>Exhibit K</U> (any such certificate, a &ldquo;<U>United
States Tax Compliance Certificate</U>&rdquo;) and (B) two properly completed and duly signed original copies of IRS Form W-8BEN
or W-8BEN-E (or any successor forms),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">(D) to the extent a Foreign
Lender is not the beneficial owner (for example, where the Foreign Lender is a partnership or a participating Lender that has
transferred its beneficial ownership to a participant), two properly completed and duly signed originals of IRS Form W-8IMY (or
any successor forms), accompanied by IRS Form W-8ECI, W-8BEN, or W-8BEN-E, a United States Tax Compliance Certificate, Form W-9,
Form W-8IMY and/or any other required information (or any successor forms) from each beneficial owner that would be required under
this Section 2.14(e) if such beneficial owner were a Lender, as applicable (<I>provided</I> that if the Foreign Lender is a partnership
(and not a participating Lender) and one or more direct or indirect partners are claiming the portfolio interest exemption, the
applicable United States Tax Compliance Certificate may be provided by such Foreign Lender on behalf of such direct or indirect
partners), or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">(E) two properly completed and
duly signed originals of any other form prescribed by applicable U.S. federal income tax laws (including the Treasury Regulations)
as a basis for claiming a complete exemption from, or a reduction in, United States federal withholding Tax on any payments to
such Lender under the Loan Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(3) If a payment made to a Lender
under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply
with the applicable reporting requirements of FATCA (including those contained in Sections 1471(b) or 1472(b) of the Code,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">as applicable), such Lender shall deliver to the Borrower
and the Administrative Agent at the time or times prescribed by any Requirements of Law and at such time or times reasonably requested
by the Borrower or the Administrative Agent such documentation prescribed by applicable Requirements of Law (including as prescribed
by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative
Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA, to determine
whether such Lender has or has not complied with such Lender&rsquo;s obligations under FATCA and, if necessary, to determine the
amount to deduct and withhold from such payment. Solely for purposes of this paragraph (3), &ldquo;FATCA&rdquo; shall include
any amendments made to FATCA after the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Notwithstanding any other provision of this
Section 2.14(e), a Lender shall not be required to deliver any documentation that such Lender is not legally eligible to deliver.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(f) If the Administrative Agent or a
Lender determines, in its sole discretion, that it has received a refund of any Indemnified Taxes or Other Taxes as to which it
has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this Section
2.14, it shall pay over such refund to the relevant Loan Party (but only to the extent of indemnity payments made, or additional
amounts paid, by such Loan Party under this Section 2.14 with respect to the Indemnified Taxes or Other Taxes giving rise to such
refund), net of all reasonable out-of-pocket expenses of the Administrative Agent or such Lender and without interest (other than
any interest paid by the relevant Governmental Authority with respect to such refund or credit); <I>provided</I>, that the Borrower,
upon the request of the Administrative Agent or such Lender, agrees to repay the amount paid over (plus any penalties, interest
or other charges imposed by the relevant Governmental Authority (but excluding any penalties attributable to gross negligence,
bad faith or willful misconduct on the part of the Administrative Agent or such Lender (as finally determined by a court of competent
jurisdiction) (as applicable))<FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD"><U>)</U></FONT>
to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund
to such Governmental Authority. The Administrative Agent and each Lender shall pursue any such refund of which it becomes aware
if the Administrative Agent or such Lender reasonably determines that it is likely to receive such refund, unless such Administrative
Agent or Lender determines in good faith that the pursuit of such refund would prejudice its legal or commercial position in any
material respect. This Section shall not be construed to require the Administrative Agent or any Lender to make available its
Tax returns (or any other information relating to its Taxes which it deems confidential) to the Borrower or any other Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(g) For the avoidance of doubt, the term
&ldquo;Lender&rdquo; shall, for purposes of this Section 2.14, include any Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.15 Pro Rata Treatment and
Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Each borrowing of Revolving Loans
by the Borrower from the Revolving Lenders and, except as otherwise set forth in this Agreement, any reduction of the Revolving
Commitments of the Revolving Lenders shall be made pro rata according to the respective Revolving Commitments then held by the
Revolving Lenders. Each payment by the Borrower on account of any commitment fee or any letter of credit fee shall be paid ratably
to the Revolving Lenders entitled thereto. <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Each
borrowing of 2024 Incremental Delayed Draw Term Loans by the Borrower from the 2024 Incremental Delayed Draw Term Lenders and,
except as otherwise set forth in this Agreement, any reduction of the 2024 Incremental Delayed Draw Term Commitments of the 2024
Incremental Delayed Draw Term Lenders shall be made pro rata according to the respective 2024 Incremental Delayed Draw Term Commitments
then held by the 2024 Incremental Delayed Draw Term Lenders.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) Except as otherwise set forth in
this Agreement, each prepayment by the Borrower on account of principal of the Revolving Loans shall be made pro rata according
to the respective outstanding principal amounts of the Revolving Loans then held by the Revolving Lenders. All repayments of principal
of the Revolving Loans at stated maturity or upon acceleration shall be allocated <U>pro</U> <U>rata</U> according to the respective
outstanding principal amounts of the matured or accelerated Revolving Loans then held by the relevant Revolving Lenders. All payments
of interest in respect of the Revolving Loans shall be allocated <U>pro</U> <U>rata</U> according to the outstanding interest
payable then owed to the relevant Revolving Lenders. Except as otherwise set forth in this Agreement, each prepayment by the Borrower
on account of principal of the 2022 Incremental Term Loans shall be made pro rata according to the respective outstanding principal
amounts of the 2022 Incremental Term Loans then held by the 2022 Incremental</P>

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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0">Term Lenders. All repayments of principal of the 2022 Incremental
Term Loans at stated maturity or upon acceleration shall be allocated <U>pro</U> <U>rata</U> according to the respective outstanding
principal amounts of the matured or accelerated 2022 Incremental Term Loans then held by the relevant 2022 Incremental Term Lenders.
All payments of interest in respect of the 2022 Incremental Term Loans shall be allocated <U>pro</U> <U>rata</U> according to
the outstanding interest payable then owed to the relevant 2022 Incremental Term Lenders. <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Except
as otherwise set forth in this Agreement, each prepayment by the Borrower on account of principal of the 2024 Incremental Delayed
Draw Term Loans shall be made pro rata according to the respective outstanding principal amounts of the 2024 Incremental Delayed
Draw Term Loans then held by 2024 Incremental Delayed Draw Term Lenders. All repayments of principal of the 2024 Incremental Delayed
Draw Term Loans at stated maturity or upon acceleration shall be allocated pro rata according to the respective outstanding principal
amounts of the matured or accelerated 2024 Incremental Delayed Draw Term Loans then held by the relevant 2024 Incremental Delayed
Draw Term Lenders, as applicable. All payments of interest in respect of the 2024 Incremental Delayed Draw Term Loans shall be
allocated pro rata according to the outstanding interest payable then owed to the relevant 2024 Incremental Delayed Draw Term
Lenders. </FONT>Notwithstanding the foregoing, (A) any amount payable to a Defaulting Lender under this Agreement (whether
on account of principal, interest, fees or otherwise but excluding any amount that would otherwise be payable to such Defaulting
Lender pursuant to Section 2.16 and Section 9.04) shall, in lieu of being distributed to such Defaulting Lender, be retained by
the Administrative Agent in a segregated interest-bearing account and, subject to any applicable Requirements of Law, be applied,
subject to the provisions of clause (B) below, at such time or times as may be determined by the Administrative Agent: (1) first,
to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent and the Issuing Bank hereunder (including
amounts owed under Section 2.09(b) or 9.04(c)), (2) second, to the funding of any Revolving Loan or LC Disbursement required by
this Agreement, as determined by the Administrative Agent, (3) third, if so determined by the Administrative Agent and Borrower,
held in such account as cash collateral for future funding obligations of the Defaulting Lender under this Agreement, (4) fourth,
pro rata, to the payment of any amounts owing to the Borrower or the Lenders as a result of such Defaulting Lender&rsquo;s breach
of its obligations under this Agreement and (5) fifth, to such Defaulting Lender or as otherwise directed by a court of competent
jurisdiction, and (B) if such payment is a prepayment of the principal amount of Revolving Loans, such payment shall be applied
solely to prepay the Revolving Loans of all non-Defaulting Lenders pro rata (based on the amounts owing to each) prior to being
applied in the manner set forth in clause (A) above.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) All payments (including prepayments)
to be made by the Borrower hereunder, whether on account of principal, interest, fees or otherwise, shall be made without setoff
or counterclaim and shall be made prior to 2:00 p.m., New York City time, on the date when due. All payments received by the Administrative
Agent after 2:00 p.m., New York City time, may, in the discretion of the Administrative Agent, be deemed to have been received
on the next succeeding Business Day for purposes of calculating interest and fees thereon. All such payments shall be made to
the Administrative Agent at its offices at 500 Stanton Christiana Rd., Ops 2, 3rd Floor Newark, DE 19713 except that payments
pursuant to Sections 2.12, 2.13, 2.14 and 9.04 shall be made directly to the Persons entitled thereto. The Administrative Agent
shall distribute such payments to the relevant Lenders promptly upon receipt in like funds as received. If any payment hereunder
becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day.
In the case of any extension of any payment of principal, interest thereon shall be payable at the then applicable rate during
such extension.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) If at any time insufficient funds
are received by and available to the Administrative Agent to pay fully all amounts of principal, interest and fees then due hereunder,
such funds shall be applied (subject to the rights of the Administrative Agent to hold and apply amounts to be paid to a Defaulting
Lender in accordance with Section 2.15(b)) (i) first, towards payment of interest and fees then due hereunder, ratably among the
parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, towards
payment of principal then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal
then due to such parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) Except as otherwise expressly set
forth in this Agreement, if any Lender shall, by exercising any right of set-off or counterclaim or otherwise, obtain payment
in respect of any principal of or interest on any of its Loans resulting in such Lender receiving payment of a greater proportion
of the aggregate amount of its Loans and accrued interest thereon than the proportion received by any other Lender entitled thereto,
then the Lender receiving such greater proportion shall notify the Administrative Agent of such fact and purchase (for cash at
face value) participations in the Loans of other Lenders entitled thereto to the extent necessary so that the benefit of all such</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">payments shall be shared by such Lenders ratably in accordance
with the aggregate amount of principal of and accrued interest on their respective Loans; <I>provided</I> that (i) if any such
participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall
be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this
paragraph shall not be construed to apply to (x) any payment made by the Borrower or any other Credit Party pursuant to and in
accordance with the express terms of this Agreement or the other Credit Documents, (y) any payment obtained by a Lender as consideration
for the assignment of or sale of a participation in any of its Loans, Revolving Commitments or participations in any LC Disbursements
to any assignee or participant. or (z) any disproportionate payment obtained by a Lender of any Class as a result of the extension
by Lenders of the maturity date or expiration date of some but not all Loans or Revolving Commitments of that Class or any increase
in the Applicable Rate (or other pricing term, including any fee, discount or premium) in respect of Loans or Revolving Commitments
of Lenders that have consented to any such extension to the extent such transaction is permitted hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.16 Mitigation Obligations;
Replacement of Lenders</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) If any Lender requests compensation
under Section 2.12, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for
the account of any Lender pursuant to Section 2.14, then such Lender shall use reasonable efforts to designate a different lending
office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices,
branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts
payable pursuant to Section 2.12 or 2.14, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed
cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs
and expenses incurred by any Lender in connection with any such designation or assignment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) If any Lender requests compensation
under Section 2.12, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for
the account of any Lender pursuant to Section 2.14, or if any Lender is a Defaulting Lender, then the Borrower may, at its sole
expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without
recourse (in accordance with and subject to the restrictions contained in Section 9.05), all its interests, rights and obligations
under this Agreement to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts
such assignment); <I>provided</I> that (i) the Borrower shall have received the prior written consent of the Administrative Agent
(and if a Revolving Commitment is being assigned, the Issuing Bank), which consent shall not unreasonably be withheld, (ii) such
Lender shall have received payment of an amount equal to the outstanding principal of its Loans and participations in unreimbursed
LC Disbursements, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, from the assignee (to
the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts) and
(iii) in the case of any such assignment resulting from a claim for compensation under Section 2.12 or payments required to be
made pursuant to Section 2.14, such assignment will result in a reduction in such compensation or payments. A Lender shall not
be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise,
the circumstances entitling the Borrower to require such assignment and delegation cease to apply.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) If any Lender (such Lender, a &ldquo;<U>Non-Consenting
Lender</U>&rdquo;) has failed to consent to a proposed amendment, waiver, discharge or termination which pursuant to the terms
of Section 9.02 requires the consent of all of the Lenders affected and with respect to which the Required Lenders shall have
granted their consent, then the Borrower shall have the right (unless such Non-Consenting Lender grants such consent) to replace
such Non-Consenting Lender by requiring such Non-Consenting Lender to assign its Loans, and its Revolving Commitments hereunder
to one or more assignees reasonably acceptable to the Administrative Agent, <I>provided</I> that: (a) all amounts owing to such
Non-Consenting Lender being replaced (other than principal and interest) shall be paid in full to such Non-Consenting Lender concurrently
with such assignment, and (b) the replacement Lender shall purchase the foregoing by paying to such Non-Consenting Lender a price
equal to the principal amount thereof plus accrued and unpaid interest thereon. In connection with any such assignment the Borrower,
Administrative Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 9.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Notwithstanding anything herein to
the contrary, each party hereto agrees that any assignment pursuant to the terms of Section 2.16(c) may be effected pursuant to
an Assignment and Assumption executed by the</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Borrower, the Administrative Agent and the assignee and that
the Lender making such assignment need not be a party thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.17 Letters of Credit</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) <U>General</U>. Subject to the terms
and conditions set forth herein, the Borrower may request that standby letters of credit denominated in Dollars be issued under
this Agreement for its own account or the account of any Restricted Subsidiary at any time and from time to time during the Revolving
Commitment Period. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions
of any form of letter of credit application or other agreement submitted by the Borrower to, or entered into by the Borrower with,
the Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) <U>Notice of Issuance, Amendment,
Renewal, Extension; Certain Conditions</U>. To request the issuance of a Letter of Credit (or the amendment, renewal or extension
of an outstanding Letter of Credit), the Borrower shall hand deliver or telecopy (or transmit by electronic communication, if
arrangements for doing so have been approved by the Issuing Bank) to the Issuing Bank and the Administrative Agent (reasonably
in advance of the requested date of issuance, amendment, renewal or extension, but in any event no later than two Business Days
prior to such date, unless otherwise agreed by the Issuing Bank and the Administrative Agent) a notice requesting the issuance
of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance,
amendment, renewal or extension (which shall be a Business Day), the date on which such Letter of Credit is to expire (which shall
comply with paragraph (c) of this Section), the currency and amount of such Letter of Credit, the name and address of the beneficiary
thereof and such other information as shall be reasonably necessary to prepare, amend, renew or extend such Letter of Credit.
If requested by the applicable Issuing Bank, the Borrower also shall submit a letter of credit application on such Issuing Bank&rsquo;s
standard form in connection with any request for a Letter of Credit. A Letter of Credit shall be issued, amended, renewed or extended
by the applicable Issuing Lender only if, after giving effect to such issuance, amendment, renewal or extension (i) the LC Exposure
shall not exceed the Dollar Equivalent of $75,000,000 in the aggregate, (ii) the LC Exposure of the applicable Issuing Bank shall
not exceed such Issuing Bank&rsquo;s LC Commitment and (iii) the amount of the total Outstanding Revolving Credits shall not exceed
the Total Revolving Commitments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) <U>Expiration Date</U>. (i) Subject
to clause (ii) below, each Letter of Credit shall expire at or prior to the close of business on the earlier of (A) the date one
year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after
such renewal or extension) and (B) the date that is five Business Days prior to the Revolving Termination Date (such earlier date,
the &ldquo;<U>LC Maturity Date</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> (ii) If the Borrower so requests in any applicable Letter
of Credit notice, the Issuing Bank may agree to issue a Letter of Credit that has automatic extension provisions (each, an &ldquo;<U>Auto-Extension
Letter of Credit</U>&rdquo;) so long as any such Auto-Extension Letter of Credit permits the Issuing Bank to prevent any such
extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving
prior notice to the beneficiary thereof not later than a day (the &ldquo;<U>Non-Extension Notice Date</U>&rdquo;) in each such
twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the Issuing Bank,
the Borrower shall not be required to make a specific request to the Issuing Bank for any such extension. Once an Auto-Extension
Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the Issuing Bank to permit
the extension of such Letter of Credit at any time to an expiry date not later than the LC Maturity Date;<I> provided</I>, <I>however</I>,
that the Issuing Bank shall not permit any such extension if (A) the Issuing Bank has determined that it would not be permitted,
or would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms hereof
(by reason of the provisions of Section 2.17(b) or otherwise), or (B) it has received notice (which may be by telephone or in
writing) on or before the day that is two Business Days before the Non-Extension Notice Date (1) from the Administrative Agent
that the Required Lenders have elected not to permit such extension or (2) from the Administrative Agent, the Required Lenders
or the Borrower that one or more of the applicable conditions specified in Section 4.02 are not then satisfied, and in each such
case directing the Issuing Bank not to permit such extension.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) <U>Participations</U>. By the issuance
of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof) and without any further action on
the part of the Issuing Bank or the Revolving Lenders, the Issuing Bank hereby grants to each Revolving Lender, and each Revolving
Lender hereby acquires</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">from the Issuing Bank, a participation in such Letter of Credit
equal to such Revolving Lender&rsquo;s Revolving Commitment Percentage of the aggregate amount available to be drawn under such
Letter of Credit. In consideration and in furtherance of the foregoing, each Revolving Lender hereby absolutely and unconditionally
agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such Revolving Lender&rsquo;s Revolving Commitment
Percentage of each LC Disbursement made by the Issuing Bank and not reimbursed by the Borrower on the date due as provided in
paragraph (e) of this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason. Each Revolving
Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters
of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal
or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Revolving
Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) <U>Reimbursement</U>. If the Issuing
Bank shall make any LC Disbursement in respect of a Letter of Credit, the Borrower shall reimburse such LC Disbursement by paying
to the Administrative Agent an amount equal to such LC Disbursement (i) not later than 1:00 p.m., New York City time, on the Business
Day immediately following the day that the Borrower receives written notice from the Issuing Bank that an LC Disbursement has
been made, if the Borrower shall have received such written notice prior to 11:00 a.m., New York City time, on the Business Day
on which such LC Disbursement was made, or (ii) if such written notice has not been received by the Borrower prior to such time
on such date, then not later than 1:00 p.m., New York City time, on the second Business Day immediately following the day that
the Borrower receives such notice (such required date for reimbursement under clause (i) or (ii), as applicable, the &ldquo;<U>Required
Reimbursement Date</U>&rdquo;); <I>provided</I> that the Borrower may, subject to the conditions to borrowing set forth herein,
request in accordance with Section 2.03 that such payment be financed with an ABR Revolving Borrowing in an equivalent amount
and, to the extent so financed, the Borrower&rsquo;s obligation to make such payment shall be discharged and replaced by the resulting
ABR Revolving Borrowing. If the Borrower fails to make such payment when due, the Administrative Agent shall notify each Revolving
Lender of the applicable LC Disbursement, the payment then due from the Borrower in respect thereof and such Revolving Lender&rsquo;s
Revolving Commitment Percentage thereof. Promptly following receipt of such notice, each Revolving Lender shall pay to the Administrative
Agent its Revolving Commitment Percentage of the payment then due from the Borrower, in the same manner as provided in Section
2.04 with respect to Loans made by such Revolving Lender (and Section 2.04 shall apply, <I>mutatis mutandis</I>, to such payment
obligations of the Revolving Lenders), and the Administrative Agent shall promptly pay to the Issuing Bank the amounts so received
by it from the Revolving Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant
to this paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent that Revolving
Lenders have made payments pursuant to this paragraph to reimburse the Issuing Bank, then to such Revolving Lenders and the Issuing
Bank as their interests may appear. Any payment made by a Revolving Lender pursuant to this paragraph to reimburse the Issuing
Bank for any LC Disbursement (other than the funding of ABR Revolving Loans as contemplated above) shall not constitute a Loan
and shall not relieve the Borrower of its obligation to reimburse such LC Disbursement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(f) <U>Obligations Absolute</U>. The
Borrower&rsquo;s obligation to reimburse LC Disbursements as provided in paragraph (e) of this Section shall be absolute, unconditional
and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances
whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or this Agreement, or any term
or provision therein, (ii) any draft or other document presented under a Letter of Credit proving to be forged, fraudulent or
invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the Issuing Bank under
a Letter of Credit against presentation of a draft or other document that does not comply with the terms of such Letter of Credit,
or (iv) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions
of this Section, constitute a legal or equitable discharge of, or provide a right of setoff against, the Borrower&rsquo;s obligations
hereunder. Neither the Administrative Agent, the Revolving Lenders nor the Issuing Bank, nor any of their Related Parties, shall
have any liability or responsibility by reason of or in connection with the issuance or transfer of any Letter of Credit or any
payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence),
or any error, omission, interruption, loss or delay in transmission or delivery of any draft, notice or other communication under
or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation
of technical terms or any consequence arising from causes beyond the control of the Issuing Bank; <I>provided</I> that the foregoing
shall not be construed to excuse the Issuing Bank from liability to the Borrower to the extent of any direct damages</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(as opposed to consequential damages, claims in respect of
which are hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are caused by
the Issuing Bank&rsquo;s failure to exercise care when determining whether drafts and other documents presented under a Letter
of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence, bad faith
or willful misconduct on the part of the Issuing Bank (as finally determined by a court of competent jurisdiction), the Issuing
Bank shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and without limiting the
generality thereof, the parties agree that, with respect to documents presented which appear on their face to be in substantial
compliance with the terms of a Letter of Credit, the Issuing Bank may, in its sole discretion, either accept and make payment
upon such documents without responsibility for further investigation, regardless of any notice or information to the contrary,
or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such
Letter of Credit.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(g) <U>Disbursement Procedures</U>. The
Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment
under a Letter of Credit. The Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed
in writing) of such demand for payment and whether the Issuing Bank has made or will make an LC Disbursement thereunder; <I>provided
</I>that any delay in giving such notice shall not relieve the Borrower of its obligation to reimburse the Issuing Bank and the
Revolving Lenders with respect to any such LC Disbursement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(h) <U>Interim Interest</U>. If the Issuing
Bank shall make any LC Disbursement, then, unless the Borrower shall reimburse such LC Disbursement in full by the Required Reimbursement
Date, the unpaid amount thereof shall bear interest, for each day from and including the Required Reimbursement Date to but excluding
the date that the Borrower reimburses such LC Disbursement, at the rate per annum set forth in Section 2.10(d)(ii). Interest accrued
pursuant to this paragraph shall be for the account of the Issuing Bank, except that interest accrued on and after the date of
payment by any Revolving Lender pursuant to paragraph (e) of this Section to reimburse the Issuing Bank shall be for the account
of such Revolving Lender to the extent of such payment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(i) <U>Replacement of the Issuing Bank</U>.
The Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing
Bank and the successor Issuing Bank. The Administrative Agent shall notify the Revolving Lenders of any such replacement of the
Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the
account of the replaced Issuing Bank pursuant to Section 2.09(b). From and after the effective date of any such replacement, (i)
the successor Issuing Bank shall have all the rights and obligations of the Issuing Bank under this Agreement with respect to
Letters of Credit to be issued thereafter and (ii) references herein to the term &ldquo;<U>Issuing Bank</U>&rdquo; shall be deemed
to include such successor and any previous Issuing Bank, or such successor and all previous Issuing Banks, as the context shall
require. After the replacement of an Issuing Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall continue
to have all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it
prior to such replacement, but shall not be required to issue additional Letters of Credit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(j) <U>Cash Collateralization</U>. If
any Event of Default shall occur and be continuing, on the Business Day that the Borrower receives notice from the Administrative
Agent or Revolving Lenders with LC Exposure representing greater than 50% of the total LC Exposure demanding the deposit of cash
collateral pursuant to this paragraph, the Borrower shall deposit in an account with the Administrative Agent, in the name of
the Administrative Agent and for the benefit of the Revolving Lenders, an amount in cash equal to the LC Exposure as of such date
plus any accrued and unpaid interest thereon, if any; <I>provided</I> that the obligation to deposit such cash collateral shall
become effective immediately, and such deposit shall become immediately due and payable, without demand or other notice of any
kind, upon the occurrence of any Event of Default with respect to the Borrower described in clause (h) or (i) of Section 7.01.
Such deposit shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the
Borrower under this Agreement with respect to the Revolving Facility. The Administrative Agent shall have exclusive dominion and
control, including the exclusive right of withdrawal, over such account. Other than any interest earned on the investment of such
deposits, which investments shall be made at the option and sole discretion of the Administrative Agent and at the Borrower&rsquo;s
risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in
such account. Moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Bank for LC Disbursements
for which it has not been reimbursed and, to the extent not so applied, shall be held for the</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">satisfaction of the reimbursement obligations of the Borrower
for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders
with LC Exposure representing greater than 50% of the total LC Exposure), be applied to satisfy other obligations of the Borrower
under this Agreement with respect to the Revolving Facility. If the Borrower is required to provide an amount of cash collateral
hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be
returned to the Borrower within three Business Days after all Events of Default have been cured or waived or are no longer continuing.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.18 Defaulting Lenders</U>. Notwithstanding any provision of this
Agreement to the contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as
such Lender is a Defaulting Lender:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(a) Fees shall cease to accrue
on the Available Revolving Commitment of such Defaulting Lender pursuant to Section 2.09(a).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(b) <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">(x)
</FONT>The Revolving Commitment and Outstanding Revolving Credit of such Defaulting Lender shall not be included in determining
whether the Required Lenders or Required Revolving <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">Lenders
have taken or may take any action hereunder (including any consent to any amendment, waiver or other modification pursuant to
Section 9.02 or Section 9.03) and (y) the 2024 Incremental Delayed Draw Term Commitment and 2024 Incremental Delayed Draw Term
Loans of such Defaulting Lender shall not be included in determining whether the Required Lenders or Required 2024 Incremental
Delayed Draw Term </FONT>Lenders have taken or may take any action hereunder (including any consent to any amendment, waiver
or other modification pursuant to Section 9.02 or Section 9.03); <I>provided</I> that this Section 2.18(b) shall not apply to
the vote of a Defaulting Lender in the case of an amendment, waiver or other modification effecting (i) an increase or extension
of such Defaulting Lender&rsquo;s Revolving Commitment or <FONT STYLE="border-bottom: blue 3px double; color: blue; background-color: #DDDDDD">2024
Incremental Delayed Draw Term Commitment, as applicable, or </FONT>(ii) the reduction or excuse of principal amount of, or
interest or fees payable on, such Defaulting Lender&rsquo;s Loans or the postponement of the scheduled date of payment of such
principal amount, interest or fees to such Defaulting Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(c) If any Letters of Credit
exist at the time such Lender becomes a Defaulting Lender then:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&#9679;  (i) Such Defaulting Lender&#8217;s
LC Exposure shall be reallocated among the non-Defaulting Revolving Lenders in accordance with their respective Revolving Commitment
Percentages (but excluding the Revolving Commitments of all the Defaulting Lenders from both the numerator and the denominator)
but only to the extent (x) the sum of all the Outstanding Revolving Credits owed to all non-Defaulting Lenders does not exceed
the total of all non-Defaulting Lenders&#8217; Available Revolving Commitments, (y) the representations and warranties of each
Credit Party set forth in the Credit Documents to which it is a party are true and correct at such time, except to the extent
that any such representation and warranty relates to an earlier date (in which case such representation and warranty shall be
true and correct as of such earlier date), and (z) no Default shall have occurred and be continuing at such time;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&#9679; (ii) If the reallocation described
in clause (i) above cannot, or can only partially, be effected, the Borrower shall, within one Business Day following notice by
the Administrative Agent, cash collateralize for the benefit of the Issuing Bank such Defaulting Lender&#8217;s LC Exposure (after
giving effect to any partial reallocation pursuant to clause (i) above) for so long as any Letters of Credit are outstanding;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&#9679; (iii) If the Borrower cash collateralizes
any portion of such Defaulting Lender&#8217;s LC Exposure pursuant clause (ii) above, the Borrower shall not be required to pay
any fees to such Defaulting Lender pursuant to Section 2.09(b) with respect to such Defaulting Lender&#8217;s LC Exposure during
the period such Defaulting Lender&#8217;s LC Exposure is cash collateralized by the Borrower;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&#9679; (iv) If LC Exposures of the non-Defaulting
Lenders are reallocated pursuant to clause (i) above, then the fees payable to the Revolving Lenders pursuant to Section 2.09(a)
and Section 2.09(b) shall be adjusted to reflect such non-Defaulting Lenders&#8217; LC Exposure as reallocated; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&#9679; (v) If any Defaulting Lender&#8217;s
LC Exposure is neither cash collateralized nor reallocated pursuant to clauses (i) or (ii) above, then, without prejudice to any
rights or remedies of the Issuing Bank or any Revolving Lender hereunder, all letter of credit fees payable under Section 2.09(b)
with respect to such Defaulting Lender&#8217;s LC Exposure shall be payable to the Issuing Bank until such LC Exposure is cash
collateralized and/or reallocated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 72pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(d) So long as such Defaulting
Lender is a Defaulting Lender, the Issuing Bank shall not be required to issue, amend or increase any Letter of Credit, unless
it is reasonably satisfied that the related LC Exposure will be 100% covered by the Available Revolving Commitments of the non-Defaulting
Lenders and/or cash collateral will be provided by the Borrower in accordance with Section 2.18(c)(ii), and the LC Exposure in
any such newly issued or increased Letter of Credit shall be allocated among non-Defaulting Lenders in a manner consistent with
Section 2.18(c)(i) (and such Defaulting Lender shall not participate therein).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The rights and remedies against a Defaulting
Lender under this Agreement are in addition to other rights and remedies that Borrower may have against such Defaulting Lender
with respect to any funding default and that the Administrative Agent or any Lender may have against such Defaulting Lender with
respect to any funding default. In the event that the Administrative Agent, the Borrower and the Issuing Bank each agrees that
a Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender, then the Total Revolving
Loans shall be readjusted to reflect the inclusion of such Lender&rsquo;s Available Revolving Commitment and on such date such
Lender shall purchase at par such of the Revolving Loans of the other Lenders or take such other actions as the Administrative
Agent may determine to be necessary to cause such outstanding Revolving Loans and funded and unfunded participations in Letters
of Credit to be held on a <U>pro</U> <U>rata</U> basis by the Revolving Lenders (including such Lender) in accordance with their
applicable percentages, whereupon such Lender will cease to be a Defaulting Lender and will be a non-Defaulting Lender and any
applicable cash collateral shall be promptly returned to the Borrower and any LC Exposure of such Lender reallocated pursuant
to the requirements above shall be reallocated back to such Lender; <I>provided</I> that no adjustments will be made retroactively
with respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender<I>; provided
</I>that, except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender
to non-Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from such Lender&rsquo;s
having been a Defaulting Lender. Subject to Section 9.19, no reallocation hereunder shall constitute a waiver or release of any
claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including
any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender&rsquo;s increased exposure following such reallocation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.19 Extensions of Incremental
Term Loans and Revolving Commitments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Notwithstanding anything to the contrary
in this Agreement, the Borrower may at any time and from time to time request that all or a portion of the Incremental Term Loans
of any Class (an &ldquo;<U>Existing Incremental Term Loan Class</U>&rdquo;) or all or a portion of the Revolving Commitments of
any Class (an &ldquo;<U>Existing Revolving Commitment Class</U>&rdquo;) be converted to extend the scheduled maturity date(s)
of any payment of principal with respect to all or a portion of any principal amount of such Incremental Term Loans (any such
Incremental Term Loans which have been so converted, &ldquo;<U>Extended Incremental Term Loans</U>&rdquo;) or all or a portion
of any such Revolving Commitments (any such Revolving Commitments which have been so converted, &ldquo;<U>Extended Revolving Commitments</U>&rdquo;
and any loans made pursuant to such Extended Revolving Commitments, &ldquo;<U>Extended Revolving Loans</U>&rdquo;), and to provide
for other terms applicable to such Extended Incremental Term Loans or Extended Revolving Commitments, as applicable, consistent
with this Section 2.19 (any such conversion, an &ldquo;<U>Extension</U>&rdquo;). In order to establish any Extended Incremental
Term Loans or Extended Revolving Commitments, the Borrower shall provide a notice to the Administrative Agent (who shall provide
a copy of such notice to each of the Lenders under the applicable Existing Incremental Term Loan Class (the &ldquo;<U>Specified
Existing Incremental Term Loan Class</U>&rdquo;) or Existing Revolving Commitment Class (the &ldquo;<U>Specified Existing Revolving
Commitment Class</U>&rdquo;), as applicable)</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(each, an &ldquo;<U>Extension Request</U>&rdquo;) setting forth
the proposed terms of the Extended Incremental Term Loans or Extended Revolving Commitments, as applicable, to be established
so long as:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) in the case of any Extended
Revolving Commitments, the terms thereof shall be substantially similar to those applicable to the Specified Existing Revolving
Commitments from which such commitments were converted except that (w) all or any of the final maturity dates of such Extended
Revolving Commitments may be delayed to later dates than the final maturity dates of the existing Revolving Commitments of the
Specified Existing Revolving Commitment Class, (x)(A) the interest rates, interest margins, rate floors, upfront fees, funding
discounts, original issue discounts and prepayment premiums with respect to the Extended Revolving Commitments may be different
than those for the existing Revolving Commitments of the Specified Existing Revolving Commitment Class and/or (B) additional fees
and/or premiums may be payable to the Lenders providing such Extended Revolving Commitments in addition to or in lieu of any of
the items contemplated by the preceding clause (A) and (y)(1) the undrawn revolving credit commitment fee rate with respect to
the Extended Revolving Commitments may be different than those for the Specified Existing Revolving Commitment Class and (2) the
Extension Amendment may provide for other covenants and terms that apply to any period after the Latest Maturity Date; <I>provided
</I>that, notwithstanding anything to the contrary in this Section 2.19 or otherwise, (I) the borrowing and repayment (other than
in connection with a permanent repayment and termination of commitments) of the Loans under any Class of Extended Revolving Commitments
shall be made on a pro rata basis with any borrowings and repayments of the Loans under any existing Revolving Commitments of
the Specified Existing Revolving Commitment Class (the mechanics for which may be implemented through the applicable Extension
Amendment and may include technical changes related to the borrowing and repayment procedures of the Specified Existing Revolving
Commitment Class), (II) assignments and participations of Extended Revolving Commitments and related Loans shall be governed by
the assignment and participation provisions set forth in Section 9.05 and (III) subject to the applicable limitations set forth
in Section 2.06, permanent repayments of Loans under Extended Revolving Commitments (and corresponding permanent reduction in
the related Extended Revolving Commitments) shall be permitted as may be agreed between the Borrower and the Lenders thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) in the case of any proposed
Extended Incremental Term Loans, the terms thereof shall be substantially similar to the Incremental Term Loans of the Specified
Existing Incremental Term Loan Class from which they are to be converted, except that (w) the scheduled final maturity date shall
be extended and all or any of the scheduled amortization payments of all or a portion of any principal amount of such Extended
Incremental Term Loans may be delayed to later dates than the scheduled amortization of principal of the Incremental Term Loans
of such Specified Existing Incremental Term Loan Class (with any such delay resulting in a corresponding adjustment to the scheduled
amortization payments reflected in the applicable Incremental Term Facility Activation Notice or in the Extension Amendment, as
the case may be, with respect to the Specified Existing Incremental Term Loan Class, in each case as more particularly set forth
in Section 2.19(c) below), (x)(A) the interest rates (including through fixed interest rates), interest margins, rate floors,
upfront fees, funding discounts, original issue discounts and prepayment premiums with respect to the Extended Incremental Term
Loans may be different than those for the Incremental Term Loans of such Specified Existing Incremental Term Loan Class and/or
(B) additional fees and/or premiums may be payable to the Lenders providing such Extended Incremental Term Loans in addition to
any of the items contemplated by the preceding clause (A), in each case, to the extent provided in the applicable Extension Amendment,
(y) subject to the provisions set forth in any Incremental Term Facility Activation Notice, the Extended Incremental Term Loans
may have optional prepayment terms (including call protection and prepayment terms and premiums) and mandatory prepayment terms
as may be agreed between the Borrower and the Lenders thereof (<I>provided</I> that such Extended Incremental Term Loans may participate
on a pro rata basis or a less than pro rata basis (but not a greater than a pro rata basis) in any mandatory prepayments (other
than in connection with debt prepayments) hereunder, as specified in the respective Extension Request) and (z) the Extension Amendment
may provide for other covenants and terms that apply to any period after the Latest Maturity Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Any Extended Incremental Term Loans or Extended
Revolving Commitments, as applicable, converted pursuant to any Extension Request shall be designated a Class of Extended Incremental
Term Loans or a Class of Extended Revolving Commitments, as applicable, for all purposes of this Agreement; <I>provided</I> that
any Extended</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Incremental Term Loans or Extended Revolving Commitments converted
may, to the extent provided in the applicable Extension Amendment, be designated as an increase in any previously established
Class of Extended Incremental Term Loans or Class of Extended Revolving Commitments, as the case may be.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) The Borrower shall provide the applicable
Extension Request to all Lenders of such Class that is subject to the Extension Request at least seven (7) Business Days (or such
shorter period as may be agreed by the Administrative Agent) prior to the date on which Lenders under such Class being converted
are requested to respond. No Lender shall have any obligation to agree to have any of its Incremental Term Loans or Revolving
Commitments of such Class converted into Extended Incremental Term Loans or Extended Revolving Commitments, as the case may be,
pursuant to any Extension Request. Any Lender wishing to have all or a portion of its Incremental Term Loans under such Class
converted into Extended Incremental Term Loans (any such Lender, an &ldquo;<U>Extending Incremental Term Lender</U>&rdquo;) or
all or a portion of its Revolving Commitments under such Class converted into Extended Revolving Commitments (any such Lender,
an &ldquo;<U>Extending Revolving Lender</U>&rdquo;), as the case may be, shall notify the Administrative Agent (an &ldquo;<U>Extension
Election</U>&rdquo;) on or prior to the date specified in such Extension Request of the amount of its Incremental Term Loans of
such Class or Revolving Commitments of such Class, as applicable, which it has elected to request be converted into Extended Incremental
Term Loans or Extended Revolving Commitments, as applicable (subject to any minimum denomination requirements reasonably imposed
by the Administrative Agent and the Borrower). In the event that the aggregate amount of Incremental Term Loans or Revolving Commitments,
as the case may be, under such Class being converted exceeds the amount of Extended Incremental Term Loans or Revolving Commitments,
as the case may be, requested pursuant to the Extension Request, Incremental Term Loans or Revolving Commitments, as applicable,
subject to Extension Elections shall be converted to Extended Incremental Term Loans or Extended Revolving Commitments, as the
case may be, on a pro rata basis (subject to rounding requirements as may be established by the Administrative Agent) based on
the amount of Incremental Term Loans or Revolving Commitments, as applicable, included in each such Extension Election.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) Extended Incremental Term Loans and/or
Extended Revolving Commitments shall be established pursuant to an amendment (an &ldquo;<U>Extension Amendment</U>&rdquo;) to
this Agreement (and, as appropriate, the other Credit Documents) among the Borrower, the Administrative Agent and each Extending
Incremental Term Lender or Extending Revolving Lender, as the case may be, providing an Extended Incremental Term Loan or Extended
Revolving Commitment, as applicable, thereunder which shall be consistent with the provisions set forth in paragraph (a) above
(but which shall not require the consent of any other Lender) and which may effect such amendments as may be necessary or appropriate
in the reasonable opinion of the Administrative Agent and the Borrower in connection with the establishment of such new Classes
of Loans or Revolving Commitments, as applicable. Each Extension Amendment shall be binding on the Lenders, the Credit Parties
and the other parties hereto. In addition, if so provided in such amendment and with the consent of the Issuing Bank, participations
in Letters of Credit expiring on or after the Revolving Termination Date in respect of the Revolving Commitments of any Class
shall be re-allocated from Lenders holding such Revolving Commitments to Lenders holding Extended Revolving Commitments in accordance
with the terms of such amendment; <I>provided</I>, <I>however</I>, that such participation interests shall, upon receipt thereof
by the relevant Lenders holding Extended Revolving Commitments, be deemed to be participation interests in respect of such Extended
Revolving Commitments and the terms of such participation interests (including, without limitation, the commission applicable
thereto) shall be adjusted accordingly. In connection with any Extension Amendment, the Loan Parties and the Administrative Agent
shall enter into such amendments to the Collateral Documents and any Customary Intercreditor Agreement as may be reasonably requested
by the Administrative Agent (which shall not require any consent from any Lender) in order to ensure that the Extended Incremental
Term Loans or Extended Revolving Commitments, as applicable, are provided with the benefit of the applicable Collateral Documents
or Subsidiary Guarantee, as applicable, and shall deliver such other documents, certificates and opinions of counsel in connection
therewith as may be reasonably requested by the Administrative Agent. All Extended Incremental Term Loans, Extended Revolving
Commitments and all obligations in respect thereof shall be Obligations under this Agreement and the other Credit Documents that
are secured by Liens on the Collateral on an equal priority basis with the Liens on the Collateral securing all other applicable
Obligations under this Agreement and the other Credit Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Notwithstanding anything to the contrary
in this Agreement, following the effectiveness of any Extension Amendment in connection with any Extension Request and the establishment
of any Extended Incremental Term Loans or Extended Revolving Commitments, as applicable, pursuant thereto (any such Extended</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Incremental Term Loans, the &ldquo;<U>Specified Extended Incremental
Term Loans</U>&rdquo; and any such Extended Revolving Commitments, the &ldquo;<U>Specified Extended Revolving Commitments</U>&rdquo;),
any Lender holding an Incremental Term Loan of the Existing Incremental Term Loan Class or a Revolving Commitment of the Existing
Revolving Commitment Class, as applicable, subject to such Extension Request may, with the consent of the Administrative Agent
(such consent not to be unreasonably withheld or delayed) and the Borrower (and without the consent of any other Lender), at any
time and from time to time, convert all or any portion of such Incremental Term Loan or Revolving Commitment, as applicable, into
a Specified Extended Incremental Term Loan or Specified Extended Revolving Commitment, as the case may be, having the same terms
as the Specified Extended Incremental Term Loans or Specified Extended Revolving Commitments, as applicable, on the date of such
conversion and such Incremental Term Loans or Revolving Commitments, as applicable, shall be deemed Specified Extended Incremental
Term Loans or Specified Extended Revolving Commitments, as applicable, for all purposes of this Agreement on and after such date.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) In the event that the Administrative
Agent determines in its sole discretion that the allocation of Extended Incremental Term Loans of a given Class or the Extended
Revolving Commitments of a given Class, in each case to a given Lender was incorrectly determined as a result of manifest administrative
error in the receipt and processing of an Extension Election timely submitted by such Lender in accordance with the procedures
set forth in the applicable Extension Amendment, then the Administrative Agent, the Borrower and such affected Lender may (and
hereby are authorized to), in their sole discretion and without the consent of any other Lender, enter into an amendment to this
Agreement and the other Credit Documents (each, a &ldquo;<U>Corrective Extension Amendment</U>&rdquo;) within 15 days following
the effective date of such Extension Amendment, as the case may be, which Corrective Extension Amendment shall (i) provide for
the conversion and extension of Incremental Term Loans under the Existing Incremental Term Loan Class or existing Revolving Commitments
(and related revolving exposure), as the case may be, in such amount as is required to cause such Lender to hold Extended Incremental
Term Loans or Extended Revolving Commitments (and related revolving credit exposure) of the applicable Class into which such other
Incremental Term Loans or commitments were initially converted, as the case may be, in the amount such Lender would have held
had such administrative error not occurred and had such Lender received the minimum allocation of the applicable Loans or commitments
to which it was entitled under the terms of such Extension Amendment, in the absence of such error, (ii) be subject to the satisfaction
of such conditions as the Administrative Agent, the Borrower and such Lender may agree (including conditions of the type required
to be satisfied for the effectiveness of an Extension Amendment described in Section 2.19(c)), and (iii) effect such other amendments
of the type (with appropriate reference and nomenclature changes) described in the penultimate sentence of Section 2.19(c).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(f) With respect to all Extensions consummated
by the Borrower pursuant to this Section, such Extensions shall not constitute voluntary or mandatory payments or prepayments
for purposes of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(g) The Administrative Agent and the
Lenders hereby consent to the transactions contemplated by this Section (including, for the avoidance of doubt, payment of any
interest, fees or premium in respect of any Extended Incremental Term Loans and/or Extended Revolving Commitments on such terms
as may be set forth in the relevant Extension Request) and hereby waive the requirements of any provision of this Agreement to
the contrary. This Section 2.19 shall supersede any provisions in Sections 2.07, 2.08(a) or 9.02 to the contrary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.20 Foreign Currency Exchanges</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) No later than 1:00 P.M., London time,
on each Calculation Date, the Administrative Agent shall determine the Dollar Equivalent as of such Calculation Date (it being
acknowledged and agreed that the Administrative Agent shall use such Dollar Equivalent for the purposes of determining compliance
with subsection 2.1 with respect to such borrowing request). The Dollar Equivalent so determined shall become effective on the
relevant Calculation Date, shall remain effective until the next succeeding Calculation Date and shall for all purposes of this
Agreement be the Dollar Equivalent employed in converting any amounts between Dollars and Canadian Dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) No later than 5:00 P.M., New York
time, on each Calculation Date, the Administrative Agent shall determine the aggregate amount of the Dollar Equivalent of the
principal amounts of the Loans denominated in Canadian Dollars then outstanding (after giving effect to any such Loans to be made
or repaid on such date).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) The Administrative Agent shall promptly
notify the Borrower of each determination of a Dollar Equivalent hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 2.21 Benchmark Replacement
Setting.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) Notwithstanding anything to the contrary
herein or in any other Loan Document (and any Swap Agreement shall be deemed not to be a &ldquo;Loan Document&rdquo; for purposes
of this &lrm;Section 2.21), if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to
the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined
in accordance with clause (1) of the definition of &ldquo;Benchmark Replacement&rdquo; with respect to Dollars for such Benchmark
Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document
in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent
of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance
with clause (2) of the definition of &ldquo;Benchmark Replacement&rdquo; with respect to any currency for such Benchmark Replacement
Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect
of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such
Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to,
this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of
objection to such Benchmark Replacement from Lenders comprising the Required Lenders of each affected Class.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) Notwithstanding anything to the contrary
herein or in any other Loan Document, the Administrative Agent will have the right to make Benchmark Replacement Conforming Changes
from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing
such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to
this Agreement or any other Loan Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) The Administrative Agent will promptly
notify the Borrower and the Lenders of (i) any occurrence of a Benchmark Transition Event, (ii) the implementation of any Benchmark
Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes, (iv) the removal or reinstatement of any
tenor of a Benchmark pursuant to clause (e) below and (v) the commencement or conclusion of any Benchmark Unavailability Period.
Any determination, decision or election that may be made by the Administrative Agent or, if applicable, any Lender (or group of
Lenders) pursuant to this &lrm;Section 2.21, including any determination with respect to a tenor, rate or adjustment or of the
occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action or any
selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent
from any other party to this Agreement or any other Loan Document, except, in each case, as expressly required pursuant to this
&lrm;Section 2.21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Notwithstanding anything to the contrary
herein or in any other Loan Document, at any time (including in connection with the implementation of a Benchmark Replacement),
(i) if the then-current Benchmark is a term rate (including the Term SOFR Rate and CDOR) and either (A) any tenor for such Benchmark
is not displayed on a screen or other information service that publishes such rate from time to time as selected by the Administrative
Agent in its reasonable discretion or (B) the regulatory supervisor for the administrator of such Benchmark has provided a public
statement or publication of information announcing that any tenor for such Benchmark is or will be no longer representative, then
the Administrative Agent may modify the definition of &ldquo;Interest Period&rdquo; for any Benchmark settings at or after such
time to remove such unavailable or non-representative tenor and (ii) if a tenor that was removed pursuant to clause (i) above
either (A) is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or
(B) is not, or is no longer, subject to an announcement that it is or will no longer be representative for a Benchmark (including
a Benchmark Replacement), then the Administrative Agent may modify the definition of &ldquo;Interest Period&rdquo; for all Benchmark
settings at or after such time to reinstate such previously removed tenor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) Upon the Borrower&rsquo;s receipt
of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Term Benchmark Borrowing
or Eurocurrency Borrowing of, conversion to or continuation of Term Benchmark Loans or Eurocurrency Loans, as applicable, to be
made,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">converted or continued during any Benchmark Unavailability
Period and, failing that, either (x) the Borrower will be deemed to have converted any request for (1) a Term Benchmark Borrowing
denominated in Dollars into a request for a Borrowing of or conversion to (A) a Daily Simple SOFR Borrowing denominated in Dollars
so long as Daily Simple SOFR for Dollar Borrowings is not the subject of a Benchmark Transition Event or (B) an ABR Borrowing
if Daily Simple SOFR is the subject of a Benchmark Transition Event or (2) a Eurocurrency Borrowing denominated in Canadian Dollars
into a request for a Borrowing of or conversion to an ABR Borrowing, or (y) any Term Benchmark Borrowing or Eurocurrency Borrowing,
as applicable, shall be ineffective. During any Benchmark Unavailability Period or at any time that a tenor for the then-current
Benchmark is not an Available Tenor, the component of ABR based upon the then-current Benchmark or such tenor for such Benchmark,
as applicable, will not be used in any determination of ABR. Furthermore, if any Term Benchmark Loan or Eurocurrency Loan is outstanding
on the date of the Borrower&rsquo;s receipt of notice of the commencement of a Benchmark Unavailability Period with respect to
a Relevant Rate applicable to such Term Benchmark Loan or Eurocurrency Loan, then until such time as a Benchmark Replacement for
such currency is implemented pursuant to this &lrm;Section 2.21, (A) for Loans denominated in Dollars, any Term Benchmark Loan
shall on the last day of the Interest Period applicable to such Loan be converted by the Administrative Agent to, and shall constitute,
(x) a Daily Simple SOFR Borrowing denominated in Dollars so long as Daily Simple SOFR is not the subject of a Benchmark Transition
Event or (y) an ABR Loan if Daily Simple SOFR is the subject of a Benchmark Transition Event, on such day and (B) for any Loan
denominated in Canadian Dollars, any Eurocurrency Loan shall on and from such day be converted by the Administrative Agent to,
and shall constitute an ABR Loan.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>ARTICLE III &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
<BR>
<U>Representations and Warranties</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The Borrower represents and warrants to
the Lenders that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 3.01 Organization; Powers</U>. Each of the Borrower, its Material Subsidiaries
and the Loan Parties is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization,
has all requisite power and authority to carry on its business as now conducted and, except where the failure to do so, individually
or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect, is qualified to do business in,
and is in good standing in, every jurisdiction where such qualification is required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 3.02 Authorization; Enforceability</U>. The execution, delivery and performance
of the Loan Documents are within the corporate or other organizational powers of the Loan Parties and have been duly authorized
by all necessary corporate or other organizational and, if required, stockholder action. Each Loan Document has been duly executed
and delivered by each Loan Party thereto and constitutes a legal, valid and binding obligation of each such Loan Party, enforceable
in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting
creditors&rsquo; rights generally and subject to general principles of equity, regardless of whether considered in a proceeding
in equity or at law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 3.03 Governmental Approvals;
No Conflicts</U>. The execution, delivery and performance
of the Loan Documents (a) do not require any consent or approval of, registration or filing with, or any other action by, any
Governmental Authority, except (i) such as have been obtained or made and are in full force and effect, (ii) the filings referred
to in Section 3.12 and (iii) such consents, approvals, registrations, filings or actions the failure to so receive would not reasonably
be expected to result in a Material Adverse Effect, (b) will not violate any material Requirement of Law or the charter, by-laws
or other organizational documents of the Borrower or any of its Material Subsidiaries, (c) will not violate or result in a default
under any indenture, agreement or other instrument binding upon the Borrower or any of its Material Subsidiaries or its assets,
or give rise to a right thereunder to require any payment to be made by the Borrower or any of its Material Subsidiaries, except
to the extent that such violation or default would not reasonably be expected to result in a Material Adverse Effect, and (d)
will not result in the creation or imposition of any Lien on any asset of the Borrower or any of its Material Subsidiaries (other
than Liens created by the Collateral Documents), except to the extent that such creation or imposition would not reasonably be
expected to result in a Material Adverse Effect.</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.04 Financial Position</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) The Borrower has heretofore furnished
to the Administrative Agent its consolidated balance sheet and statements of income, stockholders&rsquo; equity and cash flows
as of and for (i) the fiscal years ended December 31, 2020 and 2019 reported on by KPMG LLP, independent public accountants, and
(ii) the three-month period ended March 31, 2021. Such financial statements present fairly, in all material respects, the financial
position and results of operations and cash flows of the Borrower and its consolidated subsidiaries as of such dates and for such
periods in accordance with GAAP, subject to changes resulting from audit, year-end audit adjustments and the absence of footnotes
in the case of the statements referred to in clause (ii) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) As of the Closing Date, neither the Borrower
nor any Restricted Subsidiary has any material Indebtedness (including Disqualified Stock), any material Guarantee obligations,
contingent liabilities, off-balance sheet liabilities, partnership liabilities for taxes or unusual forward or long-term commitments
that, in each case are not reflected or provided for in the financial statements referred to in clause (a) above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) Since December 31, 2020, there has been
no event, change, circumstance or occurrence that, individually or in the aggregate, has had or could reasonably be expected to
result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.05 Properties</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Each of the Borrower and its Material
Subsidiaries has good title to or valid leasehold interests in, or other limited property rights in, all its real and personal
property (other than Intellectual Property) material to its business, except for minor defects in title that do not interfere with
its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes or as, individually
or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) <U>Schedule 3.05(b)</U> sets forth, as
of the Closing Date, each Satellite.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) <U>Schedule 3.05(c)</U> sets forth, as
of the Closing Date, for each Satellite the space station licenses for the launch or operation, as applicable, of such Satellite
issued by the FCC to the Borrower or any Restricted Subsidiary. As of the Closing Date, the space station licenses set forth on
<U>Schedule 3.05(c)</U> with respect to any Satellite include all material licenses, approvals, orders and authorizations by the
FCC or any other Governmental Authority that are required or necessary to launch or operate such Satellite. Each space station
license set forth on <U>Schedule 3.05(c)</U> is in full force and effect, and the Borrower and its Restricted Subsidiaries have
fulfilled and performed in all material respects all of their obligations with respect thereto and have full power and authority
to operate thereunder, in each case except to the extent that any failure to be in full force and effect, to have fulfilled and
performed or to have full power and authority would not reasonably be expected to result in an Material Adverse Effect. To the
knowledge of the Borrower, as of the Closing Date, no Person has asserted that it has rights to operate a spacecraft in a manner
that would interfere with the operation of any Satellite in its orbital position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.06 Litigation and Environmental
Matters</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Except for the Disclosed Matters, there
are no actions, suits or proceedings (including labor matters) by or before any arbitrator or Governmental Authority pending against
or, to the knowledge of the Borrower, threatened against or affecting the Borrower or any of its Restricted Subsidiaries (i) as
to which there is a reasonable possibility of an adverse determination and that, if adversely determined, would reasonably be expected,
individually or in the aggregate, to result in a Material Adverse Effect or (ii) that involve this Agreement or the Credit Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) Except for the Disclosed Matters and except
with respect to any other matters that, individually or in the aggregate, would not reasonably be expected to result in a Material
Adverse Effect, neither the Borrower nor any of its Restricted Subsidiaries (i) has failed to comply with any Environmental Law
or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law, (ii) has become
subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv)
knows of any reasonable basis for any Environmental Liability.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.07 Compliance with Laws and
Agreements</U>. Each of the Borrower and its Material Subsidiaries is in compliance with all Requirements of Law (including labor
laws, regulations and orders) of any Governmental Authority applicable to it or its property and, except for any such agreements
or instruments relating to Indebtedness, all agreements and other instruments binding upon it or its property, except where the
failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect. No
Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.08 Investment Company Status</U>.
No Loan Party is an &ldquo;investment company&rdquo; as defined in, and subject to regulation under, the Investment Company Act
of 1940.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.09 Taxes</U>. Each of the Borrower
and each of its Material Subsidiaries has timely filed or caused to be filed all Tax returns and reports required to have been
filed and has paid or caused to be paid all Taxes required to have been paid by it, except (a) Taxes that are being contested
in good faith by appropriate proceedings and for which the Borrower or such Material Subsidiary, as applicable, has set aside
on its books adequate reserves in accordance with GAAP or (b) to the extent that such failures would not reasonably be expected,
individually or in the aggregate, to result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.10 ERISA</U>. No ERISA Event
has occurred or is reasonably expected to occur that, when taken together with all other such ERISA Events for which liability
is reasonably expected to occur, would reasonably be expected to result in a Material Adverse Effect. The present value of all
accumulated benefit obligations under each Plan (based on the assumptions used for purposes of Statement of Financial Accounting
Standards No. 87) did not, as of the date of the most recent financial statements reflecting such amounts, exceed the fair market
value of the assets of such Plan by an amount which, if it were to become due, would cause a Material Adverse Effect, and the
present value of all accumulated benefit obligations of all underfunded Plans (based on the assumptions used for purposes of Statement
of Financial Accounting Standards No. 87) did not, as of the date of the most recent financial statements reflecting such amounts,
exceed the fair market value of the assets of all such underfunded Plans by an amount which, if it were to become due, would cause
a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.11 Disclosure</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) To the best of the Borrower&rsquo;s knowledge,
as of the Closing Date, none of the written information and data contained in the CIM or in any other written reports, public filings,
written certificates or other written information furnished by or on behalf of the Borrower to the Administrative Agent or any
Lender in connection with the negotiation of this Agreement (as modified or supplemented by other information so furnished through
the Closing Date), when taken as a whole, contained any untrue statement of material fact or omitted to state any material fact
necessary to make the statements therein, in the light of the circumstances under which they were made, not materially misleading;
it being understood and agreed that for purposes of this Section&nbsp;3.11(a), the foregoing representation shall not apply to
any projections (including financial estimates, forecasts and other forward-looking information) or information of a general economic
or industry specific nature contained in any such information or data.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) As of the Closing Date, the projections
contained in the CIM were prepared in good faith based upon assumptions believed by the Borrower to be reasonable at the time made;
it being recognized by the Administrative Agent and the Lenders that such projections are as to future events and are not to be
viewed as facts, the projections are subject to significant uncertainties and contingencies, many of which are beyond the control
of the Borrower and the Restricted Subsidiaries, that no assurance can be given that any particular projections will be realized
and that actual results during the period or periods covered by any such projections may differ from the projected results and
such differences may be material.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.12 Collateral Documents</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) The Pledge Agreement and the Security
Agreement are effective (except, in the case of the Security Agreement, during a Suspension Period) to create in favor of the Administrative
Agent, for the benefit of the Secured Parties, a legal, valid and enforceable security interest in the Collateral described therein.
In the case of the certificated pledged stock constituting securities described in the Pledge Agreement, when stock certificates
representing such pledged stock are delivered to the Administrative Agent (together with a properly completed and</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">signed stock
power or endorsement), and in the case of the other Collateral described in the Pledge Agreement and the Security Agreement, when
financing statements specified on <U>Schedule 3.12</U> in appropriate form are filed in the offices specified on <U>Schedule 3.12</U>
and the other perfection steps expressly required by the Security Agreement, the Pledge Agreement and the Security Agreement shall
constitute (as of the Closing Date) a fully perfected Lien on, and security interest in, all right, title and interest of the Loan
Parties party thereto in such Collateral to the extent perfection of such security interest can be perfected by control of securities,
the filing of financing statement in the locations specified on such <U>Schedule 3.12</U> or other perfection methods expressly
required by the Security Agreement, as security for the Obligations, in each case prior and superior in right to any other Person
(except Liens expressly permitted by Section 6.02).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) To the extent the Satisfactory HoldCo
exists and the HoldCo Pledge Agreement has been executed and delivered by the Satisfactory HoldCo, the HoldCo Pledge Agreement
will be effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, a legal, valid and enforceable
security interest in the HoldCo Collateral described therein. In the case of the HoldCo Collateral constituting certificated securities,
when stock certificates representing such HoldCo Collateral are delivered to the Administrative Agent (together with a properly
completed and signed stock power or endorsement), and in the case of the other HoldCo Collateral described in the HoldCo Pledge
Agreement, when financing statements in appropriate form are filed in the appropriate office where Satisfactory HoldCo is &ldquo;located&rdquo;
(as defined in Section 9-307 of the Uniform Commercial Code) the HoldCo Pledge Agreement (if applicable) shall constitute (as of
the date of its effectiveness) a fully perfected Lien on, and security interest in, all right, title and interest of the Satisfactory
HoldCo in such HoldCo Collateral to the extent perfection of such security interest can be perfected by control of securities or
the filing of financing statements, as security for the Obligations, in each case prior and superior in right to any other Person
(except Liens not prohibited by this Agreement or such HoldCo Pledge Agreement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.13 Capital Stock and Subsidiaries</U>.
<U>Schedule 3.13</U> hereto sets forth a list of (i) all the Subsidiaries of the Borrower and their jurisdictions of organization
as of the Closing Date and (ii) the number of each class of each such Subsidiary&rsquo;s Capital Stock authorized, and the number
outstanding, on the Closing Date. All Capital Stock of each Subsidiary is duly and validly issued and, to the extent that such
concept is applicable to such Capital Stock, is fully paid and non-assessable. Each Loan Party is the record and beneficial owner
of the Capital Stock pledged by it under the Pledge Agreement, free of any and all Liens (other than Liens expressly permitted
by Section 6.02) and as of the Closing Date, there are no outstanding warrants, options or other rights to purchase, or shareholder,
voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that requires the issuance
or sale of, any such Capital Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.14 Intellectual Property</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Each Loan Party owns, or is licensed to
use, all Intellectual Property necessary for the conduct of its business as currently conducted, except for those the failure to
own or license which, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse Effect.
To each Loan Party&rsquo;s knowledge, no claim has been asserted and is pending, or threatened in writing, by any person challenging
or questioning the use of any such Intellectual Property or the validity or effectiveness of any such Intellectual Property, nor
does any Loan Party know of any valid basis for any such claim. To each Loan Party&rsquo;s knowledge, the use of such Intellectual
Property by each Loan Party does not infringe the rights of any person, except for such claims and infringements that, individually
or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) On and as of the Closing Date (i)&nbsp;each
Loan Party owns and possesses the right to use, the copyrights, patents or trademarks (as such terms are defined in the Pledge
Agreement) listed in Schedule 10(a) or 10(b) to the Perfection Certificate and (ii)&nbsp;all registrations and applications listed
in Schedule 10(a) or 10(b) to the Perfection Certificate are valid and in full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.15 Federal Reserve Regulations</U>.
No Loan Party is engaged principally, or as one of its important activities, in the business of extending credit for the purpose
of buying or carrying Margin Stock. No part of the proceeds of any Loan or any Letter of Credit will be used, whether directly
or indirectly, and whether immediately, incidentally or ultimately, (i) to purchase or carry Margin Stock or to extend credit
to others for any</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">purpose of purchasing or carrying Margin Stock or to refund indebtedness originally incurred for such purpose
or (ii) for any purpose that would result in a violation of Regulation T, U or X of the Federal Reserve Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.16 Use of Proceeds</U>. The
proceeds of (a)&nbsp;the <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Revolving </FONT>Loans
after the Closing Date <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">and the 2022 Incremental
Term Loans </FONT>shall be used for working capital and other general corporate purposes of the Borrower and its Subsidiaries,
including, without limitation, for the purpose of financing Investments and making other Restricted Payments (including stock
repurchases), <FONT STYLE="color: red"><STRIKE>and </STRIKE></FONT>(b<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">)
the 2024 Incremental Delayed Draw Term Loans shall be used (i) to pay the fees and expenses incurred in connection with the Ninth
Amendment Transactions, (ii) to provide SplitCo with all amounts required to pay for the Liberty Refinancing and (iii) for the
general corporate purposes of the Borrower and its Subsidiaries, and (c</FONT>) the Letters of Credit shall be used by the
Borrower and its Restricted Subsidiaries for working capital and other general corporate purposes of the Borrower and its Subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.17 Labor Matters</U>.
Except as would not reasonably be expected to result in a Material Adverse Effect, (a) as of the Closing Date, there are no
strikes, lockouts or slowdowns against any Loan Party pending or, to the knowledge of any Loan Party, threatened, (b) the
hours worked by and payments made to employees of any Loan Party have not been in violation of the Fair Labor Standards Act
of 1938, as amended, or any other Requirement of Law dealing with wage and hour matters and (c) all payments due from any
Loan Party, or for which any claim may be made against any Loan Party, on account of wages and employee health and welfare
insurance and other benefits, have been paid or accrued as a liability on the books of such Loan Party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.18 Solvency</U>. On the Sixth
Amendment Effective Date, immediately after giving effect to the consummation of the Sixth Amendment Transactions to occur on
the Sixth Amendment Effective Date the Borrower and its Subsidiaries on a consolidated basis are Solvent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.19 Anti-Terrorism Laws</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Except to the extent as would not reasonably
be expected to result in a Material Adverse Effect, none of the Borrower or any of its Restricted Subsidiaries is in violation
of any Anti-Terrorism Laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) None of the Borrower or any of its Restricted
Subsidiaries, or, to the knowledge of the Borrower, any director, officer or employee of the Borrower or any Restricted Subsidiary,
is an Embargoed Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) To the knowledge of the Borrower, none
of the Borrower or any of its Restricted Subsidiaries conducts any business or engages in making or receiving any contribution
of funds, goods or services to or for the benefit of any Embargoed Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(d) The proceeds of the Loans will not, to
the knowledge of the Borrower, be made available to any Person for the purpose of financing the activities of any Embargoed Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.20 FCC Licenses</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Schedule 12 of the Perfection Certificate
sets forth, as of the Closing Date, each FCC License of the Borrower or any Restricted Subsidiary. The business of the Borrower
and its Subsidiaries is being conducted in compliance with applicable requirements under the Federal Communications Act of 1934,
as amended, and the regulations issued thereunder, and all relevant rules and regulations of the FCC (collectively, the &ldquo;<U>Communications
Laws</U>&rdquo;), except as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.
As of the Closing Date, all FCC Licenses are in full force and effect. Except for certain license renewal filings made by the Borrower
and its Restricted Subsidiaries in the ordinary course, there are no pending modifications or amendments to the FCC Licenses, or,
to the Borrower&rsquo;s knowledge, any revocation proceedings pending with respect to any of such FCC Licenses, which, if implemented
or adversely decided, would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. There
is no condition, event or occurrence existing, nor, to the Borrower&rsquo;s knowledge, is there any proceeding being conducted
or threatened by any Governmental Authority, which would reasonably be expected to cause the termination, suspension, cancellation,
or nonrenewal of any of the FCC Licenses or the imposition of any penalty or fine by any regulatory</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">body with respect to any of
the FCC Licenses which would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) The Borrower and its Restricted Subsidiaries
each have filed with the FCC all necessary reports, documents, instruments, information, fee payments, and applications required
to be filed under the Communications Laws, except to the extent the failure to so file would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) There is no (i) outstanding decree, decision,
judgment, or order that has been issued by the FCC against the Borrower and its Restricted Subsidiaries or with respect to the
FCC Licenses, or (ii) notice of violation, order to show cause, complaint, investigation or other administrative or judicial proceeding
pending or, to the best of the Borrower&rsquo;s knowledge, threatened by or before the FCC against the Borrower and its Restricted
Subsidiaries that, assuming an unfavorable decision, ruling or finding, in the case of each of (i) or (ii) above, would, individually
or in the aggregate, reasonably be expected to have a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.21 No Unlawful Contributions
or Other Payments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Except to the extent as would not reasonably
be expected to result in a Material Adverse Effect, none of the Borrower or any of its Restricted Subsidiaries is in violation
of the FCPA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) No part of the proceeds of the Loans will
be used directly, or to the knowledge of the Borrower, indirectly, for any payments to any governmental official or employee, political
party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to
obtain, retain or direct business or obtain any improper advantage, in violation of the FCPA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 3.22 Senior Indebtedness Under
Existing Notes</U>. The Obligations are &ldquo;Senior Indebtedness,&rdquo; within the meaning of each of the Existing Notes Indentures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 4.01 Closing Date</U>. The obligations
of the Lenders to make the initial Loans hereunder shall not become effective until the date on which each of the following conditions
is satisfied (or waived in accordance with Section 9.02):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) The Administrative Agent (or
its counsel) shall have received (including by telecopy or email transmission) from each Loan Party party to the relevant Loan
Document, a counterpart of such Loan Document signed on behalf of such Loan Party, executed and delivered by the Borrower, and
each such document shall be in full force and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) The Administrative Agent and
the Lenders shall have received a favorable written opinion (addressed to the Administrative Agent and the Lenders and dated the
Closing Date) of (i) Simpson, Thacher &amp; Bartlett LLP, counsel for the Loan Parties, substantially in the form of <U>Exhibit
B</U> and (ii) Wiley Rein, LLP, regulatory counsel for the Loan Parties, in a form reasonably satisfactory and covering such matters
as are requested by the Administrative Agent. The Borrower hereby requests such counsel to deliver such opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) The Administrative Agent and
the Lenders shall have received such documents and certificates as the Administrative Agent or its counsel may reasonably request
relating to the organization, existence and good standing of the Loan Parties and the authorization, execution, delivery and performance
of the Loan Documents, including a certificate of each Loan Party substantially in the form of <U>Exhibit F</U> or such other form
as shall be agreed to by the Administrative Agent (acting reasonably).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) The Administrative Agent and
the Lenders shall have received a certificate, dated the Closing Date and signed by a Financial Officer of the Borrower, confirming
that (i) the representations and warranties of each Loan Party set forth in the Loan Documents to which each is a party are true
and correct in all material respects as of the Closing Date, except to the extent that any such representation and warranty relates
to an earlier date (in which case such representation and warranty shall have been true and correct in all material respects as
of such earlier date) and (ii) as of the Closing Date, no Default has occurred and is continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e) The Administrative Agent, the
Lead Arranger and the Lenders shall have received all fees and other amounts due and payable on or prior to the Closing Date, including,
to the extent invoiced at least one Business Day prior to the Closing Date, reimbursement or payment of all reasonable and out-of-pocket
expenses required to be reimbursed or paid by the Borrower hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(f) The representations and warranties
of each Loan Party set forth in the Loan Documents to which each is a party shall be true and correct in all material respects
as of the Closing Date, except to the extent that any such representation and warranty relates to an earlier date (in which case
such representation and warranty shall have been true and correct in all material respects as of such earlier date)<FONT STYLE="color: red"><STRIKE>)</STRIKE></FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(g) The Administrative Agent shall
have received the results of a recent Lien search with respect to each Loan Party, and such search shall reveal no Liens on any
of the assets of the Loan Parties except for Liens permitted by Section 6.02 or discharged on or prior to the Closing Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(h) The Administrative Agent shall
have received the certificates representing the Capital Stock required to be pledged pursuant to the Pledge Agreement, together
with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(i) Each Uniform Commercial Code
financing statement or other filing required by the Collateral Documents shall be in proper form for filing, and the Administrative
Agent shall have received satisfactory evidence that all other perfection steps required by the Collateral Documents shall have
been taken.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(j) Each Loan Party shall have provided
the documentation and other information that shall have been requested by the Lenders in writing at least 10 days prior to the
Closing Date and that any Lender reasonably determined is required by U.S. regulatory authorities under applicable &ldquo;know
your customer&rdquo; and anti-money-laundering rules and regulations, including without limitation, the USA PATRIOT Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(k) There shall have been delivered
to the Administrative Agent an executed Perfection Certificate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(l) The Administrative Agent shall
have received a solvency certificate in the form of <U>Exhibit J</U>, dated the Closing Date and signed by the chief financial
officer of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(m) The Administrative Agent shall
have received a copy of, or a certificate as to coverage under, the insurance policies required by Section 5.05 and the applicable
provisions of the Collateral Documents, any casualty policies of which shall be endorsed or otherwise amended to include a &ldquo;standard&rdquo;
or &ldquo;New York&rdquo; additional lender&rsquo;s loss payable endorsement and any general liability policy of which shall name
the Administrative Agent, on behalf of the Secured Parties, as additional insured, in form and substance reasonably satisfactory
to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">The Administrative Agent shall notify the Borrower
and the Lenders of the Closing Date, and such notice shall be conclusive and binding.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 4.02 Each Credit Event</U>. The
obligation of each Lender to make a Loan on the occasion of any Borrowing (other than (x) a continuation or conversion of an existing
Borrowing, (y) the making of any Incremental Term Loan or (z) any Borrowing in connection with a Limited Condition Transaction)
and the obligation of the Issuing Bank to issue any Letter of Credit is subject to the satisfaction of the following conditions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) The representations and warranties
of any Credit Party set forth in the Credit Documents to which it is a party shall be true and correct in all material respects
(except to the extent that any such representation and warranty is qualified by materiality or Material Adverse Effect, in which
case such representation and warranty shall be true and correct in all respects) on and as of the date of such Borrowing, except
to the extent that any such representation and warranty relates to an earlier date (in which case such representation and warranty
shall have been true and correct in all material respects (except to the extent that any such representation and warranty is qualified
by materiality or Material Adverse Effect, in which case such representation and warranty shall be true and correct in all respects)
as of such earlier date).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) At the time of and immediately
after giving effect to such Borrowing, no Default or Event of Default (or, in the case of any Borrowing of Incremental Term Loans
or Incurrence of Incremental Revolving Commitments Incurred to finance any Investment being made in connection with an acquisition
of Capital Stock or assets of another Person, no Event of Default with respect to the Borrower described in clause (a), (b), (h)
or (i) of Section 7.01) shall have occurred and be continuing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) The Administrative Agent or Issuing
Bank shall have received a borrowing notice in accordance with Section 2.03 or a Letter of Credit request in accordance with Section
2.17(b), as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">Each Borrowing (other than (x) a continuation
or conversion of an existing Borrowing and (y) the making of any Incremental Term Loan) shall be deemed to constitute a representation
and warranty by the Borrower or other applicable Credit Party on the date thereof as to the matters specified in paragraphs (a)
and (b) of this Section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">SECTION
4.03 Each 2024 Incremental Delayed Draw Term Loan Credit Event.
The obligation of each 2024 Incremental Delayed Draw Term Lender to make 2024 Incremental Delayed Draw Term Loans is subject to
the satisfaction (or waiver in accordance with Section 9.02) of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt; color: blue"><FONT STYLE="text-underline-style: double">&nbsp;</FONT></P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(a)</FONT> <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Such
of the representations made by or with respect to Liberty Media, SplitCo and their respective Subsidiaries (as defined in the Merger
Agreement as of the date thereof) in the Merger Agreement as are material to the interests of the 2024 Incremental Delayed Draw
Term Lenders, but only to the extent that Parent (or its applicable affiliates) has the right (taking into account any applicable
cure provisions) to terminate its (and/or its affiliate&rsquo;s) obligations under the Merger Agreement or the right to decline
to consummate the Merger (in accordance with the terms thereof) as a result of a breach of such representations and warranties
in the Merger Agreement shall be true and correct in all material respects.</FONT></P>

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

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(b)</FONT> <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">The
Specified Representations shall be true and correct in all material respects (or in all respects, if separately qualified by materiality)
except to the extent relating to an earlier date, in which case, such specified representations shall have been true and correct
in all material respects (or in all respects, if separately qualified by materiality) on such earlier date.</FONT></P>

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

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(c)</FONT> <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">The
Administrative Agent shall have received a borrowing notice in accordance with Section 2.03.</FONT></P>

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

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(d)</FONT> <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">The
Administrative Agent shall have received all fees due and payable in connection with the 2024 Incremental Delayed Draw Term Loans
(including under Section 2.09(a)(ii)) on or prior to the relevant 2024 Incremental Delayed Draw Funding Date (it being understood
that such fees may be netted from the proceeds of the 2024 Incremental Delayed Draw Term Loans made on the relevant 2024 Incremental
Delayed Draw Funding Date).</FONT></P>



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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(e)</FONT> <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Solely
with respect to the making of 2024 Incremental Delayed Draw Term Loans on the 2024 Incremental Delayed Draw Initial Funding Date,
the conditions precedent set forth in clauses (i)-(iv) and (viii) of Section 4(b) of the Ninth Amendment shall be satisfied. </FONT></P>

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

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0; color: blue"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Notwithstanding
the foregoing, the amount of the 2024 Incremental Delayed Draw Term Loans that may be drawn shall not exceed the difference between
(x) the outstanding principal, accrued and unpaid interest, fees, premium, if any, and other amounts owing, under the Margin Loan
Agreement minus (y) the aggregate amount of cash and Cash Equivalents on the consolidated balance sheet of Liberty SiriusXM (as
defined in the Merger Agreement) as of the relevant 2024 Incremental Delayed Draw Funding Date, unless and until, the Splitoff
and the Merger shall have been consummated, or shall be consummated substantially close in time with, the relevant funding under
the 2024 Incremental Delayed Draw Term Facility (whether on the 2024 Incremental Delayed Draw Initial Funding Date or thereafter
during the 2024 Incremental Delayed Draw Term Loan Availability Period), in all material respects in accordance with the Reorganization
Agreement and the Merger Agreement, after giving effect to any modifications, amendments, supplements, consents or waivers, other
than those modifications, amendments, supplements, consents or waivers that are materially adverse to the 2024 Incremental Delayed
Draw Term Lenders or the 2024 Incremental Delayed Draw Lead Arrangers, unless consented to in writing by the 2024 Incremental Delayed
Draw Term Lenders and the 2024 Incremental Delayed Draw Lead Arrangers (such consent not to be unreasonably withheld or delayed);
<I>provided</I> that the 2024 Incremental Delayed Draw Term Lenders and the 2024 Incremental Delayed Draw Lead Arrangers shall
be deemed to have consented to such modifications, amendments, supplements, consents or waivers unless they shall object thereto
within three business days after receipt of written notice of such modifications, amendments, supplements, consents or waivers;
<I>provided further</I> that any modification, amendment, supplement, consent or waiver that results in a reduction in the Merger
Consideration (as defined in the Merger Agreement) shall not be deemed to be materially adverse to the 2024 Incremental Delayed
Draw Term Lenders or the 2024 Incremental Delayed Draw Lead Arrangers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: blue"><FONT STYLE="text-underline-style: double">&nbsp;</FONT></P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0; color: blue"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Each
Borrowing of 2024 Incremental Delayed Draw Term Loans shall be deemed to constitute a representation and warranty by the Borrower
or other applicable Credit Party on the date thereof as to the matters specified in paragraphs (a) and (b) of this Section 4.03.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: blue"><FONT STYLE="text-underline-style: double">&nbsp;</FONT></P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">Until the Revolving Commitments have expired
or been terminated and the principal of and interest on each Loan and all fees payable hereunder shall have been paid in full and
all Letters of Credit have expired or been cash collateralized, the Borrower covenants and agrees with the Lenders that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.01 Financial Statements; Other
Information</U>. The Borrower will furnish to the Administrative Agent for delivery to the Lenders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) within 90 days after the end
of each fiscal year of the Borrower, its audited consolidated balance sheet and related statements of operations, stockholders&rsquo;
equity and cash flows as of the end of and for such year, setting forth in each case in comparative form the figures for the previous
fiscal year, all reported on by KPMG LLP or other independent public accountants of recognized national standing (without a &ldquo;going
concern&rdquo; or like qualification and without any qualification as to the scope of such audit other than a going concern exception
or explanatory note resulting from (x) an upcoming maturity date under this Agreement occurring within one year from the time such
opinion is delivered or (y) any prospective breach of any financial covenant, including Section 6.10) to the effect that such consolidated
financial statements present fairly in all material respects the financial position and results of operations of the Borrower and
its consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied; notwithstanding the foregoing,
the obligations in this Section 5.01(a) may be satisfied with respect to financial information of the Borrower and its consolidated
Subsidiaries by furnishing (A) the applicable financial statements of any parent entity of the Borrower or (B) the Borrower&rsquo;s
or any parent entity thereof, as applicable, Form 10-K filed with the Securities and Exchange Commission; <I>provided</I> that,
with respect to each of clauses (A) and (B), (i) to the extent such information relates to a parent entity, such information is
accompanied by consolidating information that explains in reasonable detail the differences</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 0">between the information relating to
such parent entity, on the one hand, and the information relating to the Borrower and its consolidated Subsidiaries on a standalone
basis, on the other hand and (ii) to the extent such information is in lieu of information required to be provided under the first
sentence of this Section 5.01(a), such materials are accompanied by an opinion of an independent registered public accounting firm
of recognized national standing, which opinion shall not be qualified as to the scope of audit or as to the status of such parent
and its consolidated Subsidiaries as a &ldquo;going concern&rdquo; or like qualification other than a going concern exception or
explanatory note resulting from (x) an upcoming maturity date under this Agreement occurring within one year from the time such
opinion is delivered or (y) any prospective breach of any financial covenant, including Section 6.10;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) within 45 days after the end
of each of the first three fiscal quarters of each fiscal year of the Borrower, its consolidated balance sheet and related statements
of operations, stockholders&rsquo; equity and cash flows as of the end of and for such fiscal quarter and the then elapsed portion
of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or periods of (or,
in the case of the balance sheet, as of the end of) the previous fiscal year, all certified by one of its Financial Officers as
presenting fairly in all material respects the financial position and results of operations of the Borrower and its consolidated
subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject to changes resulting from audit, normal
year-end audit adjustments and the absence of footnotes; notwithstanding the foregoing, the obligations in this Section&nbsp;5.01(b)
may be satisfied with respect to financial information of the Borrower and its consolidated Subsidiaries by furnishing (A) the
applicable financial statements of any parent entity thereof or (B) the Borrower&rsquo;s or such parent entity&rsquo;s, as applicable,
Form 10-Q filed with the Securities and Exchange Commission; <I>provided</I> that, with respect to each of clauses (A) and (B),
to the extent such information relates to any such parent entity, such information is accompanied by consolidating information
that explains in reasonable detail the differences between the information relating to such parent entity, on the one hand, and
the information relating to the Borrower and its consolidated Subsidiaries on a standalone basis, on the other hand;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) concurrently with any delivery
of financial statements under clause (a) or (b) above, a certificate of a Financial Officer of the Borrower (i) certifying as to
whether a Default has occurred and, if a Default has occurred, specifying the details thereof and any action taken or proposed
to be taken with respect thereto, (ii) setting forth reasonably detailed calculations demonstrating compliance with Section 6.10,
(iii) stating whether any change in GAAP or in the application thereof that materially affects such financial statements has occurred
since the date of the audited financial statements referred to in Section 3.04(a) and, if any such change has occurred, specifying
the effect of such change on the financial statements accompanying such certificate, (iv) setting forth a description of any change
in the jurisdiction of organization of the Borrower or any Subsidiary Guarantor since the date of the most recent certificate delivered
pursuant to this paragraph (c) (or, in the case of the first such certificate so delivered, since the Closing Date) and (v) setting
forth a calculation in reasonable detail indicating which Domestic Subsidiaries are Material Domestic Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) concurrently with any delivery
of financial statements under clause (a) above, a certificate of the accounting firm that reported on such financial statements
stating whether they obtained knowledge during the course of their examination of such financial statements of any Event of Default
under Section 6.10 (which certificate may be limited to the extent required by accounting rules or guidelines);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e) promptly after the same become
publicly available, copies of all periodic and other reports, proxy statements and other materials filed by the Borrower or any
Restricted Subsidiary with the Securities and Exchange Commission, or any Governmental Authority succeeding to any or all of the
functions of said Commission, or with any national securities exchange, as the case may be (other than amendments to any registration
statement (to the extent such registration statement, in the form it becomes effective, is delivered to the Administrative Agent
for further delivery to the Lenders), exhibits to any registration statement and, if applicable, any registration statements on
Form S-8 and other than any filing filed confidentiality with the Securities and Exchange Commission or any Governmental Authority
succeeding to any or all of the functions of said Commission or with any national securities exchange);</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(f) promptly following receipt thereof,
copies of any documents described in Section 101(k) or 101(l) of ERISA that the Borrower or any ERISA Affiliate may request with
respect to any Multiemployer Plan; <I>provided</I> that if the Borrower or any ERISA Affiliate has not requested such documents
or notices from the administrator or sponsor of the applicable Multiemployer Plan then, upon reasonable request of the Administrative
Agent, the Borrower and/or its ERISA Affiliates shall promptly make a request for such documents or notices from such administrator
or sponsor and the Borrower shall provide copies of such documents and notices to the Administrative Agent (on behalf of each requesting
Lender) promptly after receipt thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(g) subject to the limitations set
forth in Section 5.06 and 9.13, promptly following any reasonable request therefor, such other information regarding the operations,
business affairs and financial position of the Borrower or any Restricted Subsidiary, or compliance with the terms of this Agreement,
as the Administrative Agent on its own behalf or on behalf of any Lender may reasonably request.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">Documents required to be delivered pursuant to
Sections 5.01(a), 5.01(b), 5.01(e) and 5.02 (other than clause (a) thereof) may be delivered electronically and if so delivered,
shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or provides a link thereto,
on the Borrower&rsquo;s website on the Internet at the website address www.siriusxm.com or on the EDGAR filing system of the Securities
and Exchange Commission or (ii) on which such documents are transmitted by electronic mail to the Administrative Agent; <I>provided</I>
that: (A) upon written request by the Administrative Agent, the Borrower shall deliver paper copies of such documents to the Administrative
Agent for further distribution to each Lender until a written request to cease delivering paper copies is given by the Administrative
Agent and (B) the Borrower shall notify (which may be by facsimile or electronic mail) the Administrative Agent of the posting
of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such
documents. Notwithstanding anything contained herein, in every instance the Borrower shall be required to provide paper copies
of the certificates required by Section 5.01(c) to the Administrative Agent. Each Lender shall be solely responsible for timely
accessing posted documents or requesting delivery of paper copies of such documents from the Administrative Agent and maintaining
its copies of such documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.02 Notices of Material Events</U>.
The Borrower will furnish to the Administrative Agent for delivery to each Lender prompt written notice of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) the occurrence of any Default;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) (i) at any time when the Borrower
is bound by the public reporting requirements of the Exchange Act, the making of any public filing with the Securities and Exchange
Commission regarding the filing or commencement of any action, suit or proceeding by or before any arbitrator or Governmental Authority
against or affecting the Borrower or any Restricted Subsidiary thereof as to which there is a reasonable possibility of an adverse
determination, that, if adversely determined, would reasonably be expected to result in a Material Adverse Effect or (ii) at any
time when the Borrower is no longer subject to such reporting requirements, the occurrence of any of the foregoing events;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) the occurrence of any ERISA Event
that, alone or together with any other ERISA Events that have occurred, would reasonably be expected to result in liability of
the Borrower or its Restricted Subsidiaries in an amount which would constitute a Material Adverse Effect; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) (i) at any time when the Borrower
is bound by the public reporting requirements of the Exchange Act, the making of any public filing with the Securities and Exchange
Commission regarding any other development that results in, or would reasonably be expected to result in, a Material Adverse Effect
or (ii) at any time when the Borrower is no longer subject to such reporting requirements, the occurrence of any of the foregoing
events.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">Any notice delivered pursuant to Section 5.02(a)
shall be accompanied by a statement of a Financial Officer or other executive officer of the Borrower setting forth the details
of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.03 Existence; Conduct of Business</U>.
The Borrower will, and will cause each of its Restricted Subsidiaries to, do or cause to be done all things necessary to preserve,
renew and keep in full force and effect its legal existence and the rights, licenses, permits, privileges and franchises material
to the conduct of its business, except to the extent that the failure to do so (other than with respect to the maintenance of
the Borrower&rsquo;s existence) would not reasonably be expected to result in a Material Adverse Effect; <I>provided</I> that
the foregoing shall not prohibit any transaction permitted by Section 6.03 or 6.11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.04 Payment of Tax Liabilities</U>.
The Borrower will, and will cause each of its Restricted Subsidiaries to, pay its Tax liabilities, that, if not paid, would reasonably
be expected, individually or in the aggregate, to result in a Material Adverse Effect before the same shall become delinquent
or in default, except where (a) the validity or amount thereof is being contested in good faith by appropriate proceedings, (b)
the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with
GAAP and (c) the failure to make payment pending such contest would not reasonably be expected, individually or in the aggregate,
to result in a Material Adverse Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.05 Maintenance of Properties;
Insurance</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) The Borrower will, and will cause each
of its Restricted Subsidiaries to, (i) keep and maintain all property material to the conduct of its business in good working order
and condition, ordinary wear and tear excepted, which shall include, in the case of Satellites (other than Satellites yet to be
launched), the provision of tracking, telemetry, control and monitoring of Satellites in their designated orbital positions, in
each case in accordance with prudent and diligent standards in the commercial satellite industry, except to the extent that the
failure to do so would not reasonably be expected to result in a Material Adverse Effect and (ii) maintain, with financially sound
and reputable insurance companies or in accordance with acceptable self-insurance practices, insurance in such amounts and against
such risks as are customarily maintained by companies of similar size engaged in the same or similar businesses operating in the
same or similar locations, (including, with respect to each Satellite procured by the Borrower or any of its Restricted Subsidiaries
for which the risk of loss passes to the Borrower or such Restricted Subsidiary at or before launch ignition, and for which launch
insurance or commitments with respect thereto are not in place as of the Closing Date, launch insurance with respect to each such
Satellite covering the launch of such Satellite and a period of time thereafter and with such industry standard terms (including
exclusions, limitations on coverage, co-insurance and deductibles)) as are generally available on commercially reasonable terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) Each such policy of insurance shall (i)
in the case of any general liability policy, name the Administrative Agent, on behalf of the Secured Parties, as an additional
insured thereunder, (ii) in the case of each casualty insurance policy, contain an additional loss payable clause or endorsement,
reasonably satisfactory in form and substance to the Administrative Agent, that names the Administrative Agent, on behalf of the
Secured Parties, as the additional loss payee thereunder and (iii) provide for at least 30-days&rsquo; prior written notice to
the Administrative Agent of any cancellation of such policy, <I>provided</I> that the Administrative Agent may waive all or part
of the requirements set forth in this sentence if it determines that such requirements cannot be satisfied without undue effort
or expense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.06 Books and Records; Inspection
Rights</U>. The Borrower will, and will cause each of its Restricted Subsidiaries to, keep proper books of record and account
in which full, true and correct entries are made of all material financial dealings and transactions in relation to its business
and activities. The Borrower will, and will cause each of the Restricted Subsidiaries to, permit representatives and independent
contractors of the Administrative Agent and the Lenders to visit and inspect any of its properties (to the extent it is within
such Person&rsquo;s control to permit such inspection), to examine its corporate, financial and operating records, and make copies
thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent
public accountants, all at the reasonable expense of the Borrower and at such reasonable times during normal business hours and
as often as may be reasonably desired, upon reasonable advance notice to the Borrower (and subject, in the case of any such meetings
or advice from such independent accountants, to such accountants&rsquo; customary policies and procedures); <I>provided</I> that,
excluding any such visits and inspections during the continuation of an Event of Default, only the Administrative Agent on behalf
of the Lenders may exercise rights of the Administrative Agent and the Lenders under this Section&nbsp;5.06 and the Administrative
Agent shall not exercise such rights more often than once during any calendar year absent the existence of an Event of Default
at the Borrower&rsquo;s</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">expense; and <I>provided</I>, <I>further</I>, that when an Event of Default exists, the Administrative
Agent or the Lenders (or any of their respective representatives or independent contractors) may do any of the foregoing at the
expense of the Borrower at any time during normal business hours and upon reasonable advance notice. The Administrative Agent
and the Lenders shall give the Borrower the opportunity to participate in any discussions with the Borrower&rsquo;s independent
public accountants. Notwithstanding anything to the contrary in Section 5.01 or this Section 5.06, none of the Borrower or any
Restricted Subsidiary will be required to disclose, permit the inspection, examination or making copies or abstracts of, or discussion
of, any document, information or other matter (i) that constitutes non-financial trade secrets or non-financial proprietary information,
(ii) in respect of which disclosure to the Administrative Agent or any Lender (or their respective representatives or contractors)
is prohibited by Requirement of Law or any binding agreement or (iii) that is subject to attorney-client or similar privilege
or constitutes attorney work product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.07 Compliance with Law</U>.
The Borrower will, and will cause each of its Restricted Subsidiaries to, comply with all Requirements of Law, including Environmental
Laws, applicable to it or its operations and property, and to maintain all FCC Licenses and all other governmental licenses, approvals,
orders or authorizations required to provide satellite digital radio services, to launch or operate any Satellite and the TT&amp;C
Stations related thereto and to transmit signals to and receive transmissions from the Satellites in full force and effect, except
where the failure to do so, individually or in the aggregate, would not reasonably be expected to result in a Material Adverse
Effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.08 Use of Proceeds</U>. The
proceeds of the Loans will be used for the purposes set forth in Section 3.16.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.09 Additional Guarantors and
Collateral</U>. With respect to any Person that becomes a Material Domestic Subsidiary after the Closing Date, the Borrower will
promptly (and in any event within 20 Business Days of the date such Person becomes a Material Domestic Subsidiary (as such period
may be extended in the sole discretion of the Administrative Agent)) (i) (A) cause such Material Domestic Subsidiary to become
a party to the Subsidiary Guarantee, (B) cause such Material Domestic Subsidiary to become a party to the Pledge Agreement, the
Intercompany Note and (except during a Suspension Period) the Security Agreement and to take all actions reasonably necessary
or advisable in the opinion of the Administrative Agent to cause the Liens created by the Pledge Agreement and the Security Agreement
to be duly perfected to the extent required by such agreement in accordance with all applicable Requirements of Law, including
the filing of Uniform Commercial Code financing statements or other filings in such jurisdictions as may be required by the Pledge
Agreement and the Security Agreement, and (C) if reasonably requested by the Administrative Agent, cause such Material Domestic
Subsidiary to deliver to the Administrative Agent a certificate of such Material Domestic Subsidiary, substantially in the form
of <U>Exhibit F</U> or such other form as may be agreed to by the Administrative Agent (acting reasonably), with appropriate insertions
and attachments, (ii) if reasonably requested by the Administrative Agent, deliver to the Administrative Agent legal opinions
relating to the matters described above, which opinions shall be in form and substance reasonably satisfactory to the Administrative
Agent and (iii) deliver or cause to be delivered to the Administrative Agent the certificates, if any, representing all of the
Capital Stock of such Material Domestic Subsidiary and any Restricted Subsidiaries that are Subsidiaries of such Material Domestic
Subsidiary (excluding any Excluded Capital Stock as such term is defined in the Pledge Agreement), together with undated stock
powers or other appropriate instruments of transfer executed and delivered in blank by a duly authorized officer of the holder(s)
of such Capital Stock, and a joinder to the Intercompany Note substantially in the form attached thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 5.10 Changes in Fiscal Periods</U>.
The Borrower will cause its fiscal year to end on December 31 and will cause its fiscal quarters to end on dates consistent with
such fiscal year end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">Until the Revolving Commitments have expired
or terminated and the principal of and interest on each Loan and all fees payable hereunder have been paid in full and all Letters
of Credit have expired or have been cash collateralized, the Borrower covenants and agrees with the Lenders that:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.01 Indebtedness</U>. The Borrower
will not, and will not permit any Restricted Subsidiary to, Incur or permit to exist any Indebtedness, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) Indebtedness Incurred under the
Loan Documents, including under Section 2.02;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) Indebtedness of any Receivables
Subsidiary arising under a Qualified Receivables Facility;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) Indebtedness owed to and held
by the Borrower or a Restricted Subsidiary; <I>provided</I>, <I>however</I>, that (i) any subsequent issuance or transfer of any
Capital Stock which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any subsequent transfer
of such Indebtedness (other than to the Borrower or a Restricted Subsidiary) shall be deemed, in each case, to constitute the Incurrence
of such Indebtedness by the obligor thereon and (ii) any such Indebtedness owing by (A) a Loan Party to a Restricted Subsidiary
that is not a Subsidiary Guarantor shall (x) be evidenced by the Intercompany Note or (y) otherwise subject to subordination terms
substantially identical to the subordination terms set forth in the Intercompany Note and (B) any Restricted Subsidiary that is
not a Subsidiary Guarantor to a Loan Party, shall be permitted pursuant to Section 6.05 or Section 6.11;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) the Existing Notes and any Guarantees
thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e) Indebtedness of the Borrower
and its Restricted Subsidiaries outstanding on the Closing Date and listed on <U>Schedule 6.01</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(f) Indebtedness of a Restricted
Subsidiary Incurred and outstanding on or prior to the date on which such Subsidiary was acquired by the Borrower (other than Indebtedness
Incurred in connection with, or to provide all or any portion of the funds or credit support utilized to consummate, the transaction
or series of related transactions pursuant to which such Subsidiary became a Restricted Subsidiary or was acquired by the Borrower);
<I>provided</I>, <I>however</I>, that, subject to Section 1.06, on the date of such acquisition and after giving pro forma effect
thereto, either (x) the Borrower would be in compliance, on a pro forma basis after giving effect to such acquisition and Incurrence,
with the covenant set forth in Section 6.10, as such covenant is recomputed as of the last day of the Test Period most recently
ended on or prior to the date of such acquisition as if such acquisition and Incurrence had occurred on the first day of such Test
Period<FONT STYLE="color: red"><STRIKE>) </STRIKE></FONT> or (y) the Borrower&rsquo;s Total Leverage Ratio for the most recent
Test Period ended on or prior to the date of such acquisition is equal to or lower than such ratio for such Test Period immediately
prior to such acquisition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(g) Refinancing Indebtedness in respect
of Indebtedness Incurred pursuant to clause (d), (e), (f), (k), (m), (n), (o), (p) (other than in respect of the Space Bridge Facility)
or (q) of this Section 6.01 or this clause (g); <I>provided, however,</I> that to the extent such Refinancing Indebtedness directly
or indirectly Refinances Indebtedness of a Subsidiary Incurred pursuant to clause (f), such Refinancing Indebtedness shall be Incurred
only by such Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(h) Swap Obligations directly related
to Indebtedness permitted to be Incurred by the Borrower and its Restricted Subsidiaries pursuant to this Agreement and, at the
time entered into, not for speculative purposes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(i) obligations in respect of workers&rsquo;
compensation claims, self-insurance obligations, performance, bid and surety bonds and completion guarantees provided by the Borrower
or any Restricted Subsidiary in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(j) Indebtedness arising from the
honoring by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds in the
ordinary course of business; <I>provided</I>, <I>however</I>, that such Indebtedness is extinguished within five Business Days
of its Incurrence;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(k) Indebtedness Incurred by the
Borrower or any of its Restricted Subsidiaries that is not secured by a Lien on the assets of the Borrower or any of its Restricted
Subsidiaries, so long as, subject to Section 1.06, (x) the Borrower would be in compliance, on a pro forma basis after giving effect
to such Incurrence, with the covenant set forth in Section 6.10, as such covenant is recomputed as of the last day of the Test
Period most recently ended on or prior to the date of such Incurrence as if such Incurrence had occurred on the first day of such
Test Period and (y) immediately prior to and after giving effect to such Incurrence, no Event of Default (or, in the case of any
such Indebtedness Incurred to finance any Investment being made in connection with an acquisition of Capital Stock or assets of
another Person, no Event of Default described in clause (a), (b), (h) or (i) of Section 7.01) shall have occurred and be continuing
or would result therefrom;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(l) Indebtedness arising from agreements
of the Borrower or any of its Restricted Subsidiaries providing for indemnification, adjustment of purchase price or similar obligations,
in each case, Incurred or assumed in connection with the disposition of any business, assets or Capital Stock of a Restricted Subsidiary;
<I>provided</I>, <I>however</I>, the maximum aggregate liability in respect of all such Indebtedness shall at no time exceed the
gross proceeds actually received by the Borrower and its Restricted Subsidiaries in connection with such disposition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(m) Indebtedness Incurred by Foreign
Subsidiaries, calculated at the time of Incurrence thereof and after giving pro forma effect thereto, in an aggregate principal
amount, when combined with the aggregate principal amount Incurred and then outstanding under this clause (m), not in excess of
the greater of (x) $400,000,000 and (y) 30% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior
to the date of such Incurrence (calculated on a pro forma basis after giving effect to such Incurrence as if such Incurrence and
any related transactions had occurred on the first day of such Test Period);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(n) Replacement Satellite Vendor
Indebtedness;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(o) Purchase Money Indebtedness,
Attributable Debt and Capital Lease Obligations of the Borrower or any of its Restricted Subsidiaries, calculated at the time of
Incurrence thereof and after giving pro forma effect thereto, in an aggregate principal amount, when combined with the aggregate
principal amount Incurred and then outstanding under this clause (o), not in excess of the greater of (x) $600,000,000 and (y)
30% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior to the date of such Incurrence (calculated
on a pro forma basis after giving effect to such Incurrence as if such Incurrence and any related transactions had occurred on
the first day of such Test Period);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(p) Indebtedness of a Loan Party
in respect of (i)&nbsp;Permitted Additional Debt, the Net Cash Proceeds from which are applied to prepay Incremental Term Loans
(and any such Permitted Additional Debt shall be deemed to have been incurred pursuant to this clause (i)) and (ii) other Permitted
Additional Debt; <I>provided</I> that, in the case of this clause (ii), subject to Section 1.06, at the time of Incurrence thereof
and after giving pro forma effect thereto and the use of the proceeds thereof, (A) assuming that all Incremental Revolving Commitments
made prior to the date of such Incurrence are fully drawn, the aggregate principal amount of all such Indebtedness Incurred under
this clause (p)(ii) <U>plus</U> the aggregate amount of any Incremental Term Loans (other than those Incremental Term Loans the
Net Cash Proceeds of which were used on the date of Incurrence to prepay Incremental Term Loans) Incurred in reliance on clause
(x) of Section 2.02(b)(i) and Incremental Revolving Commitment Increases Incurred in reliance on clause (x) of Section 2.02(a)(i)
shall not exceed (x) the greater of (1) the Incremental Base Amount and (2) 100% of Consolidated Operating Cash Flow for the Test
Period most recently ended on or prior to the date of any such Incurrence (calculated on a pro forma basis after giving effect
to such Incurrence as if such Incurrence and any transaction to be consummated in connection therewith had occurred on the first
day of such Test Period and assuming that all Incremental Revolving Commitments then outstanding were fully drawn) <U>plus</U>
(y) the amount of voluntary repayments or prepayments of Incremental Term Loans, Indebtedness incurred under this Section 6.01(p)
and other Indebtedness that is secured on a pari passu basis with the Obligations and the amount of permanent reductions of Revolving
Commitments <U>plus</U> (z) an aggregate additional amount of Indebtedness, such that, subject to Section 1.06, after giving pro
forma effect to such Incurrence (and after giving effect to any transaction to be consummated in connection</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 0">therewith and assuming
that all Incremental Revolving Commitments then outstanding were fully drawn), the Borrower would be in compliance with a Senior
Secured Leverage Ratio as of the last day of the Test Period most recently ended on or prior to the date of the Incurrence of any
such Indebtedness under this clause (p), calculated on a pro forma basis, as if such Incurrence (and transaction) had occurred
on the first day of such Test Period, that is no greater than 3.50 to 1.00 and (B) no Default or Event of Default (or, in the case
of any such Indebtedness Incurred to finance any Investment being made in connection with an acquisition of Capital Stock or assets
of another Person, no Event of Default described in clause (a), (b), (h) or (i) of Section 7.01) shall have occurred and be continuing
or would result therefrom; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(q) Indebtedness Incurred by the
Borrower or any of its Restricted Subsidiaries, calculated at the time of Incurrence thereof and after giving pro forma effect
thereto, in an aggregate principal amount, when combined with the aggregate principal amount Incurred and then outstanding under
this clause (q), not in excess of the greater of (x) $800,000,000 and (y) 40% of Consolidated Operating Cash Flow for the Test
Period most recently ended on or prior to the date of such Incurrence (calculated on a pro forma basis after giving effect to such
Incurrence as if such Incurrence and any related transactions had occurred on the first day of such Test Period).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">For purposes of determining compliance with this
Section 6.01:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(1) in the event that an item of
Indebtedness (or any portion thereof) meets the criteria of more than one of the types of Indebtedness described in Section 6.01,
the Borrower, in its sole discretion, shall classify such item of Indebtedness (or any portion thereof) at the time of Incurrence
and shall only be required to include the amount and type of such Indebtedness in one of the above clauses (it being understood
that nothing in this clause (1) shall be interpreted to mean that any applicable outstanding Indebtedness shall not be included
for purposes of calculating any ratios governing such above clauses);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(2) [reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(3) Guarantees of, or obligations
in respect of letters of credit relating to, Indebtedness which is otherwise included in the determination of a particular amount
of Indebtedness shall not be included;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(4) any Disqualified Stock of the
Borrower or Preferred Stock of a Restricted Subsidiary will be deemed to have a principal amount equal to the greater of the maximum
mandatory redemption or repurchase price (not including, in either case, any redemption or repurchase premium) or the liquidation
preference thereof; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(5) increases in the amount of Indebtedness
solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an Incurrence of Indebtedness for
purposes of this Section 6.01.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.02 Liens</U>. The Borrower will
not, and will not permit any Restricted Subsidiary to, create, incur, assume or permit to exist any Lien securing Indebtedness
on any property or asset now owned or hereafter acquired by it except for any Permitted Liens.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.03 Fundamental Changes</U>.
The Borrower will not, and will not permit any Restricted Subsidiary to, merge into or consolidate with any other Person, or permit
any other Person to merge into or consolidate with it, or liquidate or dissolve itself, or dispose of (in one transaction or in
a series of transactions) all or substantially all of its assets, except that,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(i) the Borrower may merge with
or into or consolidate with or into any Person (other than the Satisfactory HoldCo, but including any Subsidiary of the Satisfactory
HoldCo) or may dispose of (in one or a series of transactions) all of substantially all of the assets of the Borrower and its Restricted
Subsidiaries, taken as a whole, if</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">(A) the resulting, surviving or transferee
Person (the &ldquo;<U>Successor Borrower</U>&rdquo;) shall be a Person organized and existing under the laws of the United States
of America, any State thereof</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0">or the District of Columbia and the Successor Borrower (if not the Borrower) shall expressly assume,
by agreements, executed and delivered to the Administrative Agent, in form reasonably satisfactory to the Administrative Agent,
all the obligations of the Borrower under the Loan Documents to which it is a party, and each of the Subsidiary Guarantors shall
reaffirm, by agreements executed and delivered to the Administrative Agent, in form reasonably satisfactory to the Administrative
Agent, all the obligations of such Loan Party under the Loan Documents to which it is a party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">(B) immediately after giving pro
forma effect to such transaction (and treating any Indebtedness which becomes an obligation of the Successor Borrower or any Restricted
Subsidiary as a result of such transaction as having been Incurred by such Successor Borrower or such Restricted Subsidiary at
the time of such transaction), no Event of Default described in clause (a), (b), (h) or (i) of Section 7.01 shall have occurred
and be continuing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">(C) immediately after giving pro
forma effect to such transaction, subject to Section 1.06, either (x) the Borrower would be in compliance, on a pro forma basis
after giving effect to such transaction, with the covenant set forth in Section 6.10, as such covenant is recomputed as of the
last day of the Test Period most recently ended on or prior to the date of such transaction as if such transaction had occurred
on the first day of such Test Period<FONT STYLE="color: red"><STRIKE>) </STRIKE></FONT>&nbsp;or (y) the Borrower&rsquo;s Total Leverage
Ratio for the most recent Test Period ended on or prior to the date of such transaction is equal to or lower than such ratio for
such Test Period immediately prior to such transaction; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">(D) the Borrower shall have delivered
to the Administrative Agent a certificate of a Financial Officer, stating that such consolidation, merger or transfer comply with
this Agreement and the other Credit Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt"><I>provided</I>, <I>however</I>, that clauses (B) and (C)
will not be applicable to (x) a Restricted Subsidiary consolidating with or into, merging with or into or transferring all or part
of its properties and assets to the Borrower (so long as no Capital Stock of the Borrower is distributed to any Person), (y) the
Borrower merging with an Affiliate of the Borrower solely for the purpose and with the sole effect of reorganizing the Borrower
in another jurisdiction within the United States or in another organizational form or (z) the Borrower merging with a Wholly Owned
Subsidiary of the Satisfactory HoldCo.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ii) any Person (other than the
Borrower or the Satisfactory HoldCo, but which may include another Restricted Subsidiary) may merge or consolidate with or into
any Restricted Subsidiary in a transaction in which the surviving entity is a Restricted Subsidiary or that is not prohibited by
under Section 6.04; <I>provided</I> that, except with respect to any disposition which is governed by Section 6.04, with respect
to any such transaction involving a Person which is not, immediately prior to such transaction, a Restricted Subsidiary, immediately
after giving pro forma effect to such transaction (and treating any Indebtedness which becomes an obligation of the such Restricted
Subsidiary as a result of such transaction as having been Incurred by such Restricted Subsidiary at the time of such transaction),
no Event of Default described in clause (a), (b), (h) or (i) of Section 7.01 shall have occurred and be continuing,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iii) any Restricted Subsidiary
may dispose of its assets and the Borrower or any Restricted Subsidiary may dispose of any Capital Stock of any of its Restricted
Subsidiaries to the Borrower or to another Restricted Subsidiary or in a transaction which is not prohibited by Section 6.04, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iv) any Restricted Subsidiary
may liquidate or dissolve if the Borrower determines in good faith that such liquidation or dissolution is in the best interests
of the Borrower and is not materially disadvantageous to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">This Section 6.03 will not apply to a consolidation,
merger, or other disposition of properties or assets between or among the Borrower and any of its Restricted Subsidiaries.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">For purposes of Section 6.03(i), the disposition
of all or substantially all of the properties and assets of one or more Restricted Subsidiaries of the Borrower, which properties
and assets, if held by the Borrower instead of such Restricted Subsidiaries, would constitute all or substantially all of the properties
and assets of the Borrower on a consolidated basis, shall be deemed to be the transfer of all or substantially all of the properties
and assets of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">The Successor Borrower shall be the successor
to the Borrower and shall succeed to, and be substituted for, and may exercise every right and power of, the Borrower under the
Loan Documents to which it is a party, and the predecessor Borrower shall be released from the Obligations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.04 Disposition of Property</U>.
The Borrower will not, and will not permit any of its Restricted Subsidiaries to consummate any Asset Disposition unless (a) the
Borrower or such Restricted Subsidiary receives consideration at the time of such Asset Disposition at least equal to the fair
market value (including as to the value of all non-cash consideration), as determined in good faith by the Board of Directors
of the Borrower, of the shares and assets subject to such Asset Disposition, (b) at least 75% of the consideration thereof received
by the Borrower or such Restricted Subsidiary is in the form of cash or Cash Equivalents; <I>provided</I> that, for purposes of
determining what constitutes cash or Cash Equivalents under this clause&nbsp;(b), (A) any liabilities (as shown on the Borrower&rsquo;s
or such Restricted Subsidiary&rsquo;s most recent balance sheet provided hereunder or in the footnotes thereto) of the Borrower
or such Restricted Subsidiary, other than liabilities that are by their terms subordinated to the payment in cash of the Obligations,
that are assumed by the transferee with respect to the applicable Asset Disposition and for which the Borrower and all of the
Restricted Subsidiaries shall have been validly released by all applicable creditors in writing shall be deemed to be cash or
Cash Equivalents, (B) any securities received by the Borrower or such Restricted Subsidiary from such transferee that are converted
by the Borrower or such Restricted Subsidiary into cash or Cash Equivalents (to the extent of the cash or Cash Equivalents received)
within 180 days following the closing of the applicable Asset Disposition shall be deemed to be cash or Cash Equivalents and (C)
any Designated Non-Cash Consideration received by the Borrower or such Restricted Subsidiary in respect of the applicable Asset
Disposition having an aggregate Fair Value, taken together with all other Designated Non-Cash Consideration received pursuant
to this clause&nbsp;(C) that is outstanding at the time such Designated Non-Cash Consideration is received, not in excess of the
greater of (x) $100,000,000 and (y) 5% of Consolidated Operating Cash Flow for the Test Period most recently ended on or prior
to the date of such Incurrence (calculated on a pro forma basis after giving effect to such Asset Disposition as if such Asset
Disposition and any related transactions had occurred on the first day of such Test Period) (measured as of the date such assets
are disposed based upon the financial statements most recently delivered pursuant to Section 5.01(a) or Section&nbsp;5.01(b) on
or prior to such date of disposition) at the time of the receipt of such Designated Non-Cash Consideration, with the Fair Value
of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent
changes in value, shall be deemed to be cash or Cash Equivalents; (c) [reserved]; (d) after giving effect to such Asset Disposition,
no Default or Event of Default shall exist or would result from such Asset Disposition (other than pursuant to an Asset Disposition
made pursuant to a legally binding commitment entered into at the time when no Default or Event of Default existed or would have
resulted from such Asset Disposition); and (e) on a pro forma basis after giving effect to such Asset Disposition and related
transactions (including the receipt of the proceeds thereof), the Borrower shall be in compliance with the financial covenant
set forth in Section 6.10 as such covenant is recomputed as of the last day of the Test Period most recently ended on or prior
to the date of such Asset Disposition as if such Asset Disposition and related transactions had occurred on the first day of such
Test Period (other than an Asset Disposition made pursuant to a legally binding commitment, in which event the Borrower shall
have been in compliance on a pro forma basis with the financial covenant set forth in Section 6.10 as such covenant is recomputed
as of the last day of the Test Period most recently ended on or prior to the date of such legally binding commitment assuming
that such Asset Disposition and related transactions (including the receipt of the proceeds thereof) had been consummated on the
first day of such Test Period).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">For the purposes of Section 6.04, the assumption
or discharge of Indebtedness of the Borrower (other than obligations in respect of Disqualified Stock of the Borrower) or any Restricted
Subsidiary or other liabilities (as shown on the most recent balance sheet (or notes thereto) of the Borrower or such Restricted
Subsidiary) and the release of the Borrower or such Restricted Subsidiary from all liability on such Indebtedness or from such
other liabilities in connection with such Asset Disposition, shall be deemed to be cash or Cash Equivalents.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.05 Restricted Payments</U>.
The Borrower will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, make any Restricted
Payment, except:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) any Restricted Payment made within
90 days of the receipt of Net Cash Proceeds from the sale of, or made by exchange for, Capital Stock of the Borrower (other than
Disqualified Stock and other than Capital Stock issued or sold to a Subsidiary of the Borrower or an employee stock ownership plan
or a trust established by the Borrower or any of its Subsidiaries for the benefit of their employees and other than Cure Amounts)
or a substantially concurrent cash capital contribution received by the Borrower; <I>provided</I>, <I>however</I>, that the Net
Cash Proceeds from such sale or such cash capital contribution (to the extent so used for such Restricted Payment) shall be excluded
from the calculation of amounts under Section 6.05(p)(ii);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) any purchase, repurchase, redemption,
defeasance or other acquisition or retirement for value of Subordinated Obligations of the Borrower made within 90 days by exchange
for, or out of the proceeds of, the Incurrence of Indebtedness of such Person which is permitted to be Incurred pursuant to Section
6.01;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) any purchase, repurchase, redemption,
defeasance or other acquisition or retirement for value of Subordinated Obligations of the Borrower Incurred pursuant to Section
6.01 made by exchange for, or out of the proceeds of, the substantially concurrent Incurrence of, Subordinated Obligations that
have, a final maturity date that is later than the date that is 91 days after the Latest Maturity Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) dividends paid within 60 days
after the date of declaration thereof if at such date of declaration such dividend would have complied with this Section 6.05;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e) for any taxable year (or portion
thereof) with respect to which the Borrower is a member of a consolidated, combined or similar income tax group (a &ldquo;<U>Tax
Group</U>&rdquo;) of which any direct or indirect parent of the Borrower is the common parent, dividends or distributions to enable
such parent to pay the income taxes of the Tax Group that are attributable to the taxable income of the Borrower and its Subsidiaries;
provided that (i) for each taxable period, the amount of such payments made in respect of such taxable period in the aggregate
shall not exceed the amount that the Borrower and its Subsidiaries would have been required to pay as a stand-alone Tax Group;
and (ii) in the case of a permitted payment pursuant to this clause (e) with respect to the taxes of any Unrestricted Subsidiary
for any taxable period, the Borrower shall use commercially reasonable efforts to cause such Unrestricted Subsidiary (or another
Unrestricted Subsidiary) to make one or more cash distributions directly or indirectly to the Borrower for the purpose of making
such a permitted payment to pay such consolidated, combined or similar taxes;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(f) repurchases of Capital Stock
deemed to occur upon exercise of stock options, warrants or other convertible securities if such Capital Stock represents a portion
of the exercise price thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(g) cash payments in lieu of the
issuance of fractional shares in connection with a reverse stock split of the Capital Stock of the Borrower or the exercise of
warrants, options or other securities convertible into or exchangeable for Capital Stock of the Borrower; <I>provided</I>, <I>however</I>,
that any such cash payment shall not be for the purpose of evading the limitation of this Section 6.05 (as determined in good faith
by the Board of Directors);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(h) [intentionally omitted];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(i) payments of intercompany Subordinated
Obligations, including pursuant to the Intercompany Note, the Incurrence of which was permitted under Section 6.01(c); <I>provided</I>,
<I>however</I>, that no Event of Default has occurred and is continuing or would otherwise result therefrom;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(j) the repurchase, redemption or
other acquisition or retirement for value of any Capital Stock of the Borrower (other than Disqualified Stock) held by any employee
or director of the Borrower made in lieu of withholding taxes resulting from the exercise, exchange or conversion of stock options,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 0">warrants or other similar rights; <I>provided</I>, <I>however</I>, that no Default has occurred and is continuing or would otherwise
result therefrom;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(k) the Borrower may make distributions
or payments of Receivables Fees and purchases of receivables in connection with any Qualified Receivables Facility or any repurchase
obligation in connection therewith;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(l) so long as no Default has occurred
and is continuing, (i) the purchase, redemption or other acquisition of shares of Capital Stock of the Borrower or any of its Subsidiaries
from employees, former employees, directors or former directors of the Borrower or any of its Subsidiaries (or permitted transferees
of such employees, former employees, directors or former directors, pursuant to the terms of the agreements (including employment
agreements) or plans (or amendments thereto) approved by the Board of Directors of the Borrower under which such individuals purchase
or sell or are granted the option to purchase or sell, shares of such Capital Stock<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">)</FONT>;
<I>provided</I>, <I>however</I>, that the aggregate amount of such Restricted Payments (excluding amounts representing cancellation
of Indebtedness) shall not exceed (x) $25,000,000 in any calendar year <U>plus</U> (y) all proceeds obtained by any direct or indirect
parent entity of the Borrower (and contributed to the Borrower) or the Borrower during such calendar year from the sale of such
Capital Stock to other future, current or former officers, managers, consultants, employees, directors and independent contractors
(or permitted transferees of such employees, former employees, directors or former directors) in connection with any plan or agreement
referred to above in this clause&nbsp;(l) <U>plus</U> (z) all net cash proceeds obtained from any key-man life insurance policies
received by the Borrower during such calendar year; notwithstanding the foregoing, 100% of the unused amount of payments in respect
of this Section&nbsp;6.05(l) may be carried forward to any succeeding calendar years and utilized to make payments pursuant to
this Section 6.05(l) in such calendar years, and (ii) loans or advances to employees of the Borrower or any Subsidiary of the Borrower
the proceeds of which are used to purchase Capital Stock of the Borrower, in an aggregate amount not in excess of $10,000,000 in
the aggregate since the Fifth Amendment Effective Date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(m) any Restricted Payment to an
Affiliate (including a Satisfactory HoldCo) for the provision of administrative, management, content or other business services,
in each case to the extent permitted by Section 6.06;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(n) other Restricted Payments in
an amount not to exceed the greater of (x) $200,000,000 and (y) 10% of Consolidated Operating Cash Flow for the Test Period most
recently ended on or prior to the date of such Incurrence (calculated on a pro forma basis after giving effect to such Restricted
Payment as if such Restricted Payment and any related transactions had occurred on the first day of such Test Period) per calendar
year, <I>provided</I> that 100% of the unused amount of payments in respect of this Section&nbsp;6.05(n) may be carried forward
to any succeeding calendar years and utilized to make payments pursuant to this Section&nbsp;6.05(n) in such calendar years; <I>provided</I>,
<I>however</I>, that no Default has occurred and is continuing or would otherwise result therefrom;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(o) any Restricted Payment so long
as after giving pro forma effect to the payment of such Restricted Payment, the Total Leverage Ratio for the Test Period most recently
ended on or prior to such payment is no greater than 4.50 to 1.00; <I>provided</I>, <I>however</I>, that no Default has occurred
and is continuing or would otherwise result therefrom; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(p) so long as no Default has occurred
and is continuing or would result therefrom, other Restricted Payments that would not exceed the sum of (without duplication):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0pt"><FONT STYLE="font: 10pt Symbol">&#183;</FONT> (i) 100% of Consolidated Operating Cash Flow accrued during the period (treated as
one accounting period) from April 1, 2015 to the end of the most recent fiscal quarter for which internal financial statements
are available less 1.3 times the Consolidated Interest Expense for the same period; <U>plus</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0pt"><FONT STYLE="font: 10pt Symbol">&#183;
</FONT>(ii) 100% of the aggregate Net Cash Proceeds received by the Borrower from the issuance or sale of its Capital Stock
(other than Disqualified Stock) subsequent to and including April 1, 2015 (other than an issuance or sale to a Subsidiary of the
Borrower and other than an issuance or sale to an employee stock ownership plan or to a trust established by the Borrower or any
of its Subsidiaries for the benefit of their employees), 100% of any cash capital contribution received by the Borrower from its
stockholders subsequent to and including April 1, 2015 and 100% of the fair market value (as determined by the Board of Directors)
of the consideration (if other than cash) from the issue or sale of Capital Stock (other than Disqualified Stock) of the Borrower;
<I>provided</I>, <I>however</I>, that the Net Cash Proceeds from such sale or such cash capital contribution (to the extent so
used for such Restricted Payment) shall be excluded from the calculation of amounts under Section 6.05(a); <U>plus</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0pt"><FONT STYLE="font: 10pt Symbol">&#183;</FONT> (iii) an amount equal to the sum of (A) the net reduction in the Investments (other
than Permitted Investments) made by the Borrower or any Restricted Subsidiary in any Person resulting from repurchases, repayments
or redemptions of such Investments by such Person, proceeds realized on the sale of such Investment and proceeds representing the
return of capital (excluding dividends and distributions to the extent included in Consolidated Operating Cash Flow), in each case
received by the Borrower or any Restricted Subsidiary, and (B) to the extent such Person is an Unrestricted Subsidiary, the portion
(proportionate to the Borrower&rsquo;s Capital Stock in such Subsidiary) of the fair market value (as determined in good faith
by the Board of Directors) of the net assets of such Unrestricted Subsidiary at the time such Unrestricted Subsidiary is designated
a Restricted Subsidiary; <I>provided</I>, <I>however</I>, that the foregoing sum shall not exceed, in the case of any such Person
or Unrestricted Subsidiary, the amount of Investments (excluding Permitted Investments) previously made (and treated as a Restricted
Payment) by the Borrower or any Restricted Subsidiary in such Person or Unrestricted Subsidiary; <U>plus</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 72pt; text-indent: 0pt"><FONT STYLE="font: 10pt Symbol">&#183;
</FONT>(iv) $3,083,300,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">The amount of all Restricted Payments (other
than cash) shall be the fair market value on the date of such Restricted Payment of the asset(s) or securities proposed to be paid,
transferred or issued by the Borrower or such Restricted Subsidiary, as the case may be, pursuant to such Restricted Payment. The
fair market value of any cash Restricted Payment shall be its face amount and any non-cash Restricted Payment shall be determined
conclusively by the Board of Directors of the Borrower acting in good faith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.06 Transactions with Affiliates</U>.
The Borrower will not, and will not permit any of its Restricted Subsidiaries to, sell, lease or otherwise transfer any property
or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions
(including amendments or modifications to prior or existing transactions) with, any of its Affiliates, except</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) for transactions the terms of
which are no less favorable to the Borrower or such Restricted Subsidiary than those that could be obtained at the time of such
transaction in arm&rsquo;s-length dealings with a Person who is not an Affiliate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) any Investment (other than a
Permitted Investment) or other Restricted Payment, in each case permitted to be made pursuant to Section 6.05;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) any issuance of securities, or
other payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment arrangements, stock
options and stock ownership or other employee benefit plans approved by the Board of Directors of the Borrower or entered into
in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) to the extent permitted by applicable
Requirements of Law, loans or advances to employees in the ordinary course of business in accordance with the past practices of
the Borrower or its Restricted Subsidiaries, but in any event not to exceed, in the aggregate since the Fifth Amendment Effective
Date, $25,000,000;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e) the payment of reasonable and
customary fees to, and indemnity provided on behalf of, directors of the Borrower and its Restricted Subsidiaries who are not employees
of the Borrower or its Restricted Subsidiaries;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(f) any transaction with the Borrower,
a Restricted Subsidiary or joint venture or similar entity which would constitute an affiliate transaction solely because the Borrower
or a Restricted Subsidiary owns an equity interest in or otherwise controls such Restricted Subsidiary, joint venture or similar
entity;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(g) the issuance or sale of any Capital
Stock (other than Disqualified Stock) of the Borrower to Affiliates of the Borrower and the granting of registration and other
customary rights in connection therewith;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(h) any agreement as in effect on
the Closing Date and listed on <U>Schedule 6.06</U>, as these agreements may be amended, modified, supplemented, extended or renewed
from time to time (so long as any amendment, modification, supplement, extension or renewal is not less favorable in any material
respect to the Borrower or the Restricted Subsidiaries) and the transactions evidenced thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(i) any transaction by the Borrower
or any Restricted Subsidiary with an Affiliate related to the purchase, sale or distribution of Borrower radios, subscription to
Borrower services or other products or services in the ordinary course of business including any such transaction with an automotive
manufacturer or similar business partner, which has been approved by a majority of the members of the Board of Directors who have
no direct financial interest with respect to such affiliate transaction (other than as a stockholder of the Borrower);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(j) any transaction between the Borrower
and a Restricted Subsidiary or between Restricted Subsidiaries; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(k) customary transactions effected
as part of any Qualified Receivables Facility that are otherwise permitted under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.07 Reserved</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.08 Sales and Leasebacks</U>.
The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into any Sale/Leaseback Transaction other
than (a) any Sale/Leaseback Transaction of the property permitted to be disposed of under either clause (k) or clause (l) of the
definition of &ldquo;Asset Disposition&rdquo; or (b) any other Sale/Leaseback Transactions, the aggregate fair market value of
the property that is disposed of in connection with all such other Sale/Leaseback Transactions pursuant to this clause (b) consummated
since the Fifth Amendment Effective Date does not exceed (i) the greater of (x) $1,200,000,000 and (y) 60% of Consolidated Operating
Cash Flow for the Test Period most recently ended on or prior to the date of such Sale/Leaseback Transaction (calculated on a
pro forma basis after giving effect to such Sale/Leaseback Transaction as if such Sale/Leaseback Transaction and any related transactions
had occurred on the first day of such Test Period), in each case as calculated prior to giving effect to each such Sale/Leaseback
Transaction plus (ii) the fair market value of property previously subject to a Sale/Leaseback Transaction pursuant to this clause
(b) that has been subsequently reacquired by the Borrower or a Restricted Subsidiary (with such fair market value of each Sale/Leaseback
Transaction being the fair market value of such property at the time of its Sale/Leaseback Transaction and without giving effect
to subsequent changes in fair market value after such date), <I>provided</I>, that in each such case, such Sale/Leaseback Transactions
are for fair market value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.09 Clauses Restricting Subsidiary
Distributions</U>. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into or suffer to exist
or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary that is not a Loan Party
to (a) make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary held by, or pay any Indebtedness
owed to, the Borrower or any other Loan Party, (b) make loans or advances to, or other investments in, the Borrower or any</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">other Loan Party or (c) transfer any of its assets to the Borrower
or any other Loan Party, except for such encumbrances or restrictions existing under or by reason of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(i) any restrictions existing under
this Agreement and the other Loan Documents;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ii) restrictions under the Existing
Notes Indentures, any Permitted Additional Debt Documents and under any other agreement listed on <U>Schedule 6.09</U>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iii) any encumbrance or restriction
with respect to a Restricted Subsidiary pursuant to an agreement relating to any Capital Stock or Indebtedness Incurred by such
Restricted Subsidiary on or prior to the date on which such Restricted Subsidiary was acquired by the Borrower (other than Indebtedness
Incurred as consideration in, or to provide all or any portion of the funds or credit support utilized to consummate, the transaction
or series of related transactions pursuant to which such Restricted Subsidiary became a Restricted Subsidiary or was acquired by
the Borrower) and outstanding on such date;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iv) any encumbrance or restriction
pursuant to an agreement effecting a Refinancing of Indebtedness Incurred pursuant to an agreement referred to in Section 6.09(i),
(ii) or (iii) or this clause (iv) or contained in any amendments, modifications, restatements, renewals, increases, supplements,
refundings or replacements to an agreement referred to in Section 6.09(i), (ii) or (iii) or this clause (iii); <I>provided</I>,
<I>however</I>, that the encumbrances and restrictions with respect to such Restricted Subsidiary contained in any such refinancing
agreement or amendment are no less favorable in any material respect to the Lenders than encumbrances and restrictions with respect
to such Restricted Subsidiary contained in such predecessor agreements on the Closing Date or the date such Restricted Subsidiary
became a Restricted Subsidiary, whichever is applicable;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(v) any encumbrance or restriction
with respect to a Restricted Subsidiary (or any of its property or assets) imposed pursuant to an agreement entered into for the
sale or disposition of all or substantially all the Capital Stock or assets of such Restricted Subsidiary (or the property or assets
that are subject to such restriction) pending the closing of such sale or disposition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(vi) any encumbrance or restriction
consisting of net worth provisions or restrictions on cash or other deposits in leases and other agreements entered into by the
Borrower or any Restricted Subsidiary in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(vii) any encumbrance or restriction
consisting of customary provisions in joint venture agreements relating to joint ventures that are not Restricted Subsidiaries
and other similar agreements entered into in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(viii) customary non-assignment
provisions in contracts, licenses and leases entered into in the ordinary course of business;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ix) any encumbrance or restriction
consisting of customary nonassignment provisions in leases governing leasehold interests to the extent such provisions restrict
the assignment or transfer of the lease or the property leased thereunder;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(x) any encumbrance or restriction
contained in security agreements, pledges or mortgages securing Indebtedness of a Restricted Subsidiary to the extent such encumbrance
or restriction restricts the transfer of the property subject to such security agreements, pledges or mortgages;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(xi) any encumbrance or restriction
consisting of (A) Purchase Money Indebtedness for property acquired in the ordinary course of business and (B) Capital Lease Obligations
permitted under this Agreement, in each case, that impose encumbrances or restrictions of the nature described in this Section
6.09 on the property so acquired;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(xii) any encumbrance or restriction
pursuant to customary provisions restricting dispositions of real property interests set forth in any reciprocal easement agreements
of the Borrower or any Restricted Subsidiary;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(xiii) applicable Requirements
of Law;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(xiv) Liens securing Indebtedness
that limit the right of the debtor to dispose of the assets subject to such Lien; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(xv) restrictions created in connection
with any Qualified Receivables Facility that, in the good faith determination of the Borrower, are necessary or advisable to effect
such Qualified Receivables Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.10 Total Leverage Ratio</U>.
The Borrower will not permit the Total Leverage Ratio as of the last day of any Test Period to be more than 5.00 to 1.00. This
Section 6.10 applies to the Revolving Loans, Extended Revolving Loans, any other Class of revolving loans<FONT STYLE="color: red"><STRIKE>
and</STRIKE></FONT><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">,</FONT> the 2022
Incremental Term Loans<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double"> and the 2024 Incremental
Delayed Draw Term Loans; <I>provided</I> that this Section 6.10 shall be applicable to the 2024 Incremental Delayed Draw Term
Loans only on and after the 2024 Incremental Delayed Draw Initial Funding Date</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.11 Investments</U>. The Borrower
will not, and will not permit any of its Restricted Subsidiaries to, make any Investments, other than Permitted Investments and
Investments permitted by Section 6.05.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.12 Modifications to Certain
Documents</U>. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, terminate, amend or modify the
terms of any document governing any of its Subordinated Obligations in a manner materially adverse to the Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 6.13 Changes in Covenants Following
Investment Grade Condition</U>. If on any date following the Fifth Amendment Effective Date, the Investment Grade Condition is
satisfied, then, beginning on that day, the following Sections in this Agreement will no longer be applicable to and will not
in any way restrict the Borrower, any Subsidiary or any Satisfactory Holdco (if applicable): 5.05(b), 5.09 as it relates to additional
Collateral, 6.01 as it relates to Indebtedness of Credit Parties, 6.04, 6.05, 6.06, 6.08 (other than with respect to the final
proviso therein), 6.09, 6.11 and 6.12 (such covenants, the &ldquo;<U>Suspension Covenants</U>&rdquo;). The Borrower shall deliver
to the Administrative Agent an officers&rsquo; certificate certifying that the Investment Grade Condition has been attained. In
the event that the Borrower is not required to comply with the Suspension Covenants for any period of time as a result of the
foregoing (such period, the &ldquo;<U>Covenant Suspension Period</U>&rdquo;), and on any subsequent date (the &ldquo;<U>Reversion
Date</U>&rdquo;) the Investment Grade Condition is not satisfied due to changes in ratings by Moody&rsquo;s or S&amp;P (but not,
for purposes of clarity, any &ldquo;outlook&rdquo;, &ldquo;guidance&rdquo; or unofficial or other pronouncement as to ratings),
then the Borrower, any Subsidiary or any Satisfactory Holdco (if applicable) will thereafter again be required to comply with
the Suspension Covenants with respect to any future events or transactions. Notwithstanding that the Suspension Covenants may
be reinstated, no Default, Event of Default or breach of any kind shall be deemed to exist under any Loan Document with respect
to the Suspension Covenants and none of the Borrower, any Subsidiary or any Satisfactory Holdco (if applicable) shall bear any
liability for any actions taken or events occurring during the Covenant Suspension Period, or any actions taken at any time pursuant
to any contractual obligation arising prior to the Reversion Date, as a result of a failure to comply with the Suspension Covenants
during the Covenant Suspension Period (or upon termination of the Covenant Suspension Period or after that time based solely on
events that occurred during the Covenant Suspension Period). Solely for the purpose of determining the amount of Liens permitted
under Section 6.02 during any Covenant Suspension Period, and without limiting the Borrower&rsquo;s or any Subsidiary&rsquo;s
ability to incur Indebtedness during any Covenant Suspension Period, to the extent that calculations in Section 6.02 or the definition
of Permitted Liens refer to Section 6.01, such calculations shall be made as though Section 6.01 remains in effect during the
Covenant Suspension Period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">It is understood and agreed that (a) with respect
to Restricted Payments made on or after the Reversion Date, the amount of Restricted Payments made will be calculated as though
the covenant in Section 6.05 had been in effect prior to, but not during the Covenant Suspension Period, (b) all Indebtedness incurred
or issued during the Covenant Suspension Period will be classified to have been incurred or issued pursuant to Section 6.01(e),
(c) all Investments completed during the Covenant Suspension Period will be classified to have been incurred or issued</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">pursuant
to paragraph (l) of the definition of &ldquo;Permitted Investment&rdquo;, (d) any transaction prohibited pursuant to Section 6.09
entered into after the Reversion Date pursuant to an agreement entered into during any Covenant Suspension Period shall be deemed
to be permitted pursuant to clause (ii) of Section 6.09 and (e) any transaction with an Affiliate entered into after the Reversion
Date pursuant to an agreement entered into during any Covenant Suspension Period shall be deemed to be permitted pursuant to Section
6.06(h). No subsidiary may be designated as an Unrestricted Subsidiary during a Covenant Suspension Period, unless such designation
would have complied with Section 6.05 of this Agreement as if such Section 6.05 would have been in effect for the purposes of designating
Unrestricted Subsidiaries from the Fifth Amendment Effective Date to the date of such designation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Events of Default</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 7.01 Events of Default</U>. If
any of the following events (&ldquo;<U>Events of Default</U>&rdquo;) shall occur:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(a) the Borrower shall fail to pay
any principal of any Loan when and as the same shall become due and payable, whether at the due date thereof or at a date fixed
for prepayment thereof or otherwise;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(b) the Borrower shall fail to pay
any (x) interest on any Loan, when and as such interest shall become due and payable, and such failure shall continue unremedied
for a period of five Business Days or (y) any fee or any other amount (other than an amount referred to in clause (a) or (b)(x)
of this Section) payable under this Agreement, when and as the same shall become due and payable, and such failure shall continue
unremedied for a period of ten Business Days;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(c) any representation or warranty
made or deemed made by or on behalf of the Borrower or any other Credit Party in this Agreement or any other Credit Document or
any amendment, modification or waiver in respect thereof, or in any certificate furnished pursuant to this Agreement or any other
Credit Document or any amendment, modification or waiver in respect thereof, shall prove to have been incorrect in any material
respect when made or deemed made;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(d) any Loan Party shall fail to
observe or perform any covenant, condition or agreement contained in Section 5.02(a) or 5.03 (with respect to the Borrower&rsquo;s
existence) or in Article VI;<U> </U><I>provided </I>that, with respect to Section 6.10, (i) an Event of Default shall not occur
until the expiration of the 15th Business Day subsequent to the date the certificate calculating compliance with Section 6.10 as
of the last day of any Test Period is required to be delivered pursuant to Section 5.01(c) (without giving effect to any grace
period for such delivery) with respect to a fiscal quarter or fiscal year, as applicable and (ii) unless such section applies to
the Incremental Term Loans, if any, any default under such Section 6.10 shall not constitute an Event of Default with respect to
any Incremental Term Loans hereunder, until the date that the Loans under the Revolving Commitments have been accelerated and Revolving
Commitments terminated, in each case by a vote of the Required Revolving Lenders;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(e) any Credit Party shall fail to
observe or perform any covenant, condition or agreement contained in this Agreement or any other Credit Document to which it is
a party (other than those specified in clause (a), (b), (c) or (d) of this Section), and such failure shall continue unremedied
for a period of 30 days after notice thereof from the Administrative Agent or the Required Lenders to the Borrower;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(f) the Borrower or any Restricted
Subsidiary shall fail to make any payment (whether of principal or interest and regardless of amount) in respect of any Material
Indebtedness, when and as the same shall become due and payable after any applicable grace period therefor;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(g) any event or condition occurs
that results in any Material Indebtedness becoming due prior to its scheduled maturity or that enables or permits (with or without
the giving of notice) the holder or holders of any Material Indebtedness or any trustee or agent on its or their behalf to cause
any Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 0">prior to its
scheduled maturity; <I>provided</I> that this clause (g) shall not apply to (i) secured Indebtedness that becomes due as a result
of the voluntary sale or transfer of the property or assets securing such Indebtedness or (ii) Indebtedness outstanding under any
Swap Agreement that becomes due pursuant to a termination event or equivalent event under the terms of such Swap Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(h) an involuntary proceeding shall
be commenced or an involuntary petition shall be filed seeking (i) liquidation, reorganization or other relief in respect of the
Borrower or any Material Subsidiary or its debts, or of a substantial part of its assets, under any federal, state or foreign bankruptcy,
insolvency, receivership or similar law now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator,
conservator or similar official for the Borrower or any Material Subsidiary or for a substantial part of its assets, and, in any
such case, such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of
the foregoing shall be entered;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(i) the Borrower or any Material
Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking liquidation, reorganization or other relief
under any federal, state or foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii) consent
to the institution of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in clause (h)
of this Section, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or
similar official for the Borrower or any Material Subsidiary or for a substantial part of its assets, (iv) file an answer admitting
the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of
creditors or (vi) take any action for the purpose of effecting any of the foregoing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(j) one or more judgments for the
payment of money in an aggregate amount in excess of $500,000,000 shall be rendered against the Borrower, any Restricted Subsidiary
or any combination thereof and the same shall remain unsatisfied, unbonded or not covered by insurance for a period of 60 consecutive
days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach
or levy upon any assets of the Borrower or any Restricted Subsidiary to enforce any such judgment;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(k) an ERISA Event shall have occurred
that, when taken together with all other ERISA Events that have occurred, would reasonably be expected to result in a Material
Adverse Effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(l) any Collateral Document after
delivery thereof pursuant to the express provisions hereof shall for any reason (other than pursuant to the terms hereof or thereof
including as a result of a transaction permitted under Section&nbsp;6.03, 6.04 or 9.16) cease to be in full force and effect or
any Credit Party shall so assert or cease to create, or any Lien purported to be created by any Collateral Document shall be asserted
in writing by any Credit Party not to be, a valid and perfected lien on and security interest in any material portion of the Collateral
purported to be covered thereby, subject to Liens permitted under Section&nbsp;6.02, except to the extent that any such loss of
perfection results directly from the failure of the Administrative Agent to maintain possession of certificated securities Collateral
actually delivered to it and pledged under the Collateral Documents or to file Uniform Commercial Code amendments after required
notices are provided by the Borrower to the Administrative Agent and continuation statements;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(m) the Subsidiary Guarantee shall
cease, for any reason, to be in full force and effect or any Loan Party shall so assert;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(n) to the extent the Satisfactory
HoldCo exists and any Suspension Period has been commenced, the Administrative Agent shall cease to have a perfected first priority
Lien on all issued and outstanding Capital Stock of the Borrower subject to Liens permitted under Section&nbsp;6.02 or under the
HoldCo Pledge Agreement, except to the extent that any such loss of perfection results directly from the failure of the Administrative
Agent to maintain possession of certificated securities Collateral actually delivered to it and pledged under the Collateral Documents
or to file Uniform Commercial Code amendments after required notices are provided by the Borrower to the Administrative Agent and
continuation statements; or</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(o) a Change in Control shall occur;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0; text-align: justify">then, and in every such event (other than an
event with respect to the Borrower described in clause (h) or (i) of this Section), and at any time thereafter during the continuance
of such event, the Administrative Agent may, and at the request of the Required Lenders shall, by notice to the Borrower, take
any or all of the following actions, at the same or different times: (i) terminate the Revolving Commitments<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">
and, subject to the proviso below, the 2024 Incremental Delayed Draw Term Commitments</FONT>, and thereupon the Revolving Commitments
<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">and/or 2024 Incremental Delayed Draw Term
Commitments, as appliable, </FONT>shall terminate immediately, (ii) declare the Loans then outstanding to be due and payable
in whole (or in part, in which case any principal not so declared to be due and payable may thereafter be declared to be due and
payable during the continuation of such event) by the Borrower, and thereupon the principal of the Loans so declared to be due
and payable, together with accrued interest thereon and all fees and other obligations of the Borrower accrued hereunder, shall
become due and payable immediately, without presentment, demand, protest or other notice of any kind (other than notice from the
Administrative Agent), all of which are hereby waived by the Borrower and (iii) require all outstanding Letters of Credit to be
cash collateralized in accordance with Section 2.17(j); and in case of any event described in clause (h) or (i) of this Section,
the Revolving Commitments<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">, subject to the
proviso below, the 2024 Incremental Delayed Draw Term Commitments,</FONT> shall automatically terminate and the principal of
the Loans then outstanding, together with accrued interest thereon and all fees and other obligations of the Borrower accrued hereunder,
shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are
hereby waived by the Borrower<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">;
<I>provided</I> that an Event of Default shall not prohibit or restrict the borrowing of the 2024 Incremental Delayed Draw Term
Loans, shall not permit the termination of the 2024 Incremental Delayed Draw Term Commitments, and shall not permit acceleration
of the 2024 Incremental Delayed Draw Term Loans, in each case, prior to the 2024 Incremental Delayed Draw Initial Funding Date
having occurred.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 7.02 Cure Right</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Notwithstanding anything to the contrary
contained in this Article VII, in the event that the Borrower reasonably expects to fail (or has failed) to comply with the requirements
of Section 6.10 as of the end of any Test Period, at any time during the last fiscal quarter of such Test Period through and until
the expiration of the 15th Business Day subsequent to the date the financial statements are required to be delivered pursuant to
Section 5.01(a) or Section&nbsp;5.01(b) with respect to such fiscal quarter (the &ldquo;<U>Cure Deadline</U>&rdquo;), the Borrower
(or any parent thereof) shall have the right to issue common stock or other Capital Stock reasonably satisfactory to the Administrative
Agent for cash or otherwise receive cash contributions to the capital of the Borrower (collectively, the &ldquo;<U>Cure Right</U>&rdquo;),
and upon the receipt by the Borrower of the Net Cash Proceeds of such issuance or contribution (the &ldquo;<U>Cure Amount</U>&rdquo;)
pursuant to the exercise by the Borrower of such Cure Right (<I>provided</I> such Cure Amount is received by the Borrower on or
before the applicable Cure Deadline) compliance with Section 6.10 for such Test Period shall be recalculated giving effect to the
following pro forma adjustments:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(i) Consolidated Operating Cash
Flow shall be increased with respect to such applicable fiscal quarter with respect to which such Cure Amount is received by the
Borrower and any Test Period that includes such fiscal quarter, solely for the purpose of determining whether an Event of Default
has occurred and is continuing as a result of a violation of Section 6.10 and not for any other purpose under this Agreement, by
an amount equal to the Cure Amount and any prepayment of Indebtedness with the Cure Amount shall be disregarded for purposes of
measuring the covenant set forth in Section 6.10 for such Test Period;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ii) if, after giving effect to
such increase in Consolidated Operating Cash Flow, the Borrower shall then be in compliance with the requirements of Section 6.10,
the Borrower shall be deemed to have satisfied the requirements of Section 6.10 as of the relevant date of determination with the
same effect as though there had been no failure to comply therewith at such date, and the applicable breach or default of the Section
6.10 that had occurred shall be deemed cured for purposes of this Agreement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iii) Consolidated Total Debt with
respect to any Test Period subsequent to the Test Period for which the Cure Amount is deemed applied that includes such fiscal
quarter with respect to which such Cure Amount is received by the Borrower shall be decreased solely to the extent proceeds of
the Cure Amount are applied to prepay any Indebtedness;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>provided</I> that the Borrower shall have notified the Administrative
Agent in writing of the exercise of such Cure Right within five Business Days of the receipt of the Cure Amounts.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) <U>Limitation on Exercise of Cure Right</U>.
Notwithstanding anything herein to the contrary, (i)&nbsp;in each four fiscal-quarter period there shall be no more than two fiscal
quarters with respect to which the Cure Right is exercised, (ii)&nbsp;there shall be no more than five exercises of Cure Right
in the aggregate, (iii)&nbsp;the Cure Amount shall be no greater than the amount required for purposes of complying with Section
6.10 as of the end of the applicable fiscal quarter, (iv) all Cure Amounts shall be disregarded for purposes of determining the
Applicable Rates, any baskets, with respect to the covenants contained in the Credit Documents or the Restricted Payments &ldquo;buildup&rdquo;
and any other purpose other than determining compliance with Section 6.10, and (v)&nbsp;there shall be no pro&nbsp;forma reduction
in Indebtedness (by netting or otherwise) with the proceeds of any Cure Amount for determining compliance with Section 6.10 for
the fiscal quarter for which such Cure Amount is deemed applied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>The Administrative Agent</U></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.01 Appointment and Authorization</U>.
Each of the Lenders hereby irrevocably appoints the Administrative Agent as its agent and authorizes the Administrative Agent
to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof
and the other Credit Documents, together with such actions and powers as are reasonably incidental thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.02 Administrative Agent and
Affiliates</U>. The bank serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as
a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such bank and its Affiliates
may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Restricted Subsidiary
or other Affiliate thereof as if it were not the Administrative Agent hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.03 Action by Administrative
Agent</U>. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and the other
Credit Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary
or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative Agent shall not
have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly
contemplated hereby that the Administrative Agent is required to exercise in writing as directed by the Required Lenders (or such
other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02 or 9.03),
and (c) except as expressly set forth herein, the Administrative Agent shall not have any duty to disclose, and shall not be liable
for the failure to disclose, any information relating to the Borrower or any of its Restricted Subsidiaries that is communicated
to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent
shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders (or such
other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.02 or 9.03) or
otherwise, in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have
knowledge of any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender,
and the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty
or representation made in or in connection with this Agreement or any other Credit Document, (ii) the contents of any certificate,
report or other document delivered under or in connection with this Agreement or any other Credit Document, (iii) the performance
or observance of any of the covenants, agreements or other terms or conditions set forth herein or in any other Credit Document,
(iv) the validity, enforceability, effectiveness or genuineness of this Agreement, the other Credit Documents or any other agreement,
instrument or document, or (v) the satisfaction of any condition set forth in Article IV or elsewhere herein or in any other Credit
Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.04 Consultation with Experts</U>.
The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request,
certificate, consent, statement, instrument, document or other writing believed by it to be genuine and to have been signed or
sent by the proper Person. The</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">Administrative
Agent also may rely upon any statement made to it orally or by telephone and believed by it to be made by the proper Person, and
shall not incur any liability for relying thereon. The Administrative Agent may consult with legal counsel (who may be counsel
for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not
taken by it in accordance with the advice of any such counsel, accountants or experts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.05 Delegation of Duties</U>.
The Administrative Agent may perform any and all its duties and exercise its rights and powers by or through any one or more sub-agents
appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all its duties and
exercise its rights and powers through their respective Related Parties. The exculpatory provisions of the preceding paragraphs
shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply
to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities
as Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.06 Successor Administrative
Agent</U>. Subject to the appointment and acceptance of a successor Administrative Agent as provided in this paragraph, the Administrative
Agent may resign at any time by notifying the Lenders and the Borrower. In addition, if the Administrative Agent becomes a Defaulting
Lender under clause (d) of the definition of &ldquo;Defaulting Lender,&rdquo; then such Administrative Agent may be removed as
the Administrative Agent at the reasonable request of the Borrower and the Required Lenders. Upon any such resignation or removal,
the Required Lenders shall have the right, in consultation with the Borrower and subject to the approval of the Borrower (which
approval shall not be unreasonably withheld and shall not be required if an Event of Default under clause (a), (b), (h) or (i)
shall have occurred and be continuing), to appoint a successor. If no successor shall have been so appointed by the Required Lenders
and shall have accepted such appointment within 30 days after the retiring (but not removed) Administrative Agent gives notice
of its resignation, then the retiring Administrative Agent may, on behalf of the Lenders, appoint a successor Administrative Agent
which shall be a bank with an office in the United States of America, or an Affiliate of any such bank. Upon the acceptance of
its appointment as Administrative Agent hereunder by a successor, such successor shall succeed to and become vested with all the
rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring or removed Administrative Agent shall
be discharged from its duties and obligations hereunder. The fees payable by the Borrower to a successor Administrative Agent
shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the
Administrative Agent&rsquo;s resignation or removal hereunder, the provisions of this Article and Section 9.04 shall continue
in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect
of any actions taken or omitted to be taken by any of them while it was acting as Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.07 Credit Decision</U>. Each
Lender acknowledges that it has, independently and without reliance upon the Administrative Agent or any other Lender and based
on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement.
Each Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender
and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions
in taking or not taking action under or based upon this Agreement, any other Credit Document, any related agreement or any document
furnished hereunder or thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.08 Bookrunners; Co-Syndication
Agents; Senior Managing Agent; Manager</U>. Notwithstanding anything to the contrary herein, none of the Bookrunners, the Co-Syndication
Agents, the Senior Managing Agent or the Manager shall have any powers, duties or responsibilities under this Agreement or any
of the other Credit Documents, except in its capacity, if applicable, as the Administrative Agent, a Lender or an Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.09 Withholding Tax</U>. To the
extent required by any applicable Requirements of Law, the Administrative Agent may withhold from any payment to any Lender an
amount equivalent to any applicable withholding Tax. Without limiting or expanding the provisions of Section 2.14, each Lender
shall indemnify and hold harmless the Administrative Agent against, and shall make payment in respect thereof within 10 days after
demand therefor, any and all Taxes and any and all related losses, claims, liabilities and expenses (including fees, charges and
disbursements of any counsel for the Administrative Agent) incurred by or asserted against the Administrative Agent by the IRS
or any other Governmental Authority as a result of the failure of the</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">Administrative Agent to properly withhold Tax from amounts paid to or for the account of such Lender for any reason
(including, without limitation, because the appropriate form was not delivered or not properly executed, or because such Lender
failed to notify the Administrative Agent of a change in circumstance that rendered the exemption from, or reduction of withholding
Tax ineffective). A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent
shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply any and
all amounts at any time owing to such Lender under this Agreement or any other Loan Document against any amount due the Administrative
Agent under this Section 8.09. The agreements in this Section 8.09 shall survive the resignation and/or replacement of the Administrative
Agent, any assignment of rights by, or the replacement of, a Lender, the termination of the Revolving Commitments and the repayment,
satisfaction or discharge of all other Obligations. For the avoidance of doubt, the term &ldquo;Lender&rdquo; shall, for purposes
of this Section 8.09, include any Issuing Bank.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.10 ERISA Lender Representation</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Each Lender (x) represents and warrants,
as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party
hereto to the date such Person ceases being a Lender party hereto, that at least one of the following is and will be true:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(i) such Lender is not using &ldquo;plan
assets&rdquo; (within the meaning of 29 CFR &sect; 2510.3-101, as modified by Section 3(42) of ERISA) of one or more Benefit Plans
in connection with the Loans, the Letters of Credit or the Commitments,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ii) the transaction exemption
set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by independent qualified
professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts),
PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class
exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions
determined by in-house asset managers), is applicable with respect to such Lender&rsquo;s entrance into, participation in, administration
of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iii) (A) such Lender is an investment
fund managed by a &ldquo;Qualified Professional Asset Manager&rdquo; (within the meaning of Part VI of PTE 84-14), (B) such Qualified
Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer and
perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C) the entrance into, participation in, administration
of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies the requirements of subsections
(b) through (g) of Part I of PTE 84-14 and (D) to the best knowledge of such Lender, the requirements of subsection (a) of&nbsp;Part
I of PTE 84-14 are satisfied with respect to such Lender&rsquo;s entrance into, participation in, administration of and performance
of the Loans, the Letters of Credit, the Commitments and this Agreement, or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iv) such other representation,
warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and such Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) In addition, unless subclause (i) in the
immediately preceding clause (a) is true with respect to a Lender or such Lender has not provided another representation, warranty
and covenant as provided in subclause (iv) in the immediately preceding clause (a), such Lender further (x) represents and warrants,
as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party
hereto to the date such Person ceases being a Lender party hereto, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(i) none of the Administrative
Agent, the Lead Arranger or any of their respective Affiliates is a fiduciary with respect to the assets of such Lender (including
in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Credit Document
or any documents related hereto or thereto),</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ii) the Person making the investment
decision on behalf of such Lender with respect to the entrance into, participation in, administration of and performance of the
Loans, the Letters of Credit, the Commitments and this Agreement is independent (within the meaning of 29 CFR &sect; 2510.3-21)
and is a bank, an insurance carrier, an investment adviser, a broker-dealer or other person that holds, or has under management
or control, total assets of at least $50,000,000, in each case as described in 29 CFR &sect; 2510.3-21(c)(1)(i)(A)-(E),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iii) the Person making the investment
decision on behalf of such Lender with respect to the entrance into, participation in, administration of and performance of the
Loans, the Letters of Credit, the Commitments and this Agreement is capable of evaluating investment risks independently, both
in general and with regard to particular transactions and investment strategies (including in respect of the Obligations),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iv) the Person making the investment
decision on behalf of such Lender with respect to the entrance into, participation in, administration of and performance of the
Loans, the Letters of Credit, the Commitments and this Agreement is a fiduciary under ERISA or the Code, or both, with respect
to the Loans, the Letters of Credit, the Commitments and this Agreement and is responsible for exercising independent judgment
in evaluating the transactions hereunder, and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(v) no fee or other compensation
is being paid directly to the Administrative Agent, the Lead Arranger or any of their respective Affiliates for investment advice
(as opposed to other services) in connection with the Loans, the Letters of Credit, the Commitments or this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) The Administrative Agent and the Lead
Arranger hereby inform the Lenders that each such Person is not undertaking to provide impartial investment advice, or to give
advice in a fiduciary capacity, in connection with the transactions contemplated hereby, and that such Person has a financial interest
in the transactions contemplated hereby in that such Person or an Affiliate thereof (i) may receive interest or other payments
with respect to the Loans, the Letters of Credit, the Commitments and this Agreement, (ii) may recognize a gain if it extended
the Loans, the Letters of Credit or the Commitments for an amount less than the amount being paid for an interest in the Loans,
the Letters of Credit or the Commitments by such Lender or (iii) may receive fees or other payments in connection with the transactions
contemplated hereby, the Credit Documents or otherwise, including structuring fees, commitment fees, arrangement fees, facility
fees, upfront fees, underwriting fees, ticking fees, agency fees, administrative agent or collateral agent fees, utilization fees,
minimum usage fees, letter of credit fees, fronting fees, deal-away or alternate transaction fees, amendment fees, processing fees,
term out premiums, bankers&rsquo; acceptance fees, breakage or other early termination fees or fees similar to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 8.11 Return of Certain Payments.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) Each Lender and each Issuing Bank (and
each Participant of any of the foregoing, by its acceptance of a Participation) hereby acknowledges and agrees with the Administrative
Agent that if the Administrative Agent notifies such Lender or Issuing Bank that the Administrative Agent has determined in its
sole discretion that any funds (or any portion thereof) received by such Lender or Issuing Bank (any of the foregoing, a &ldquo;<U>Recipient</U>&rdquo;)
from the Administrative Agent (or any of its Affiliates) were erroneously transmitted to, or otherwise erroneously or mistakenly
received by, such Recipient (whether or not known to such Recipient) (whether as a payment, prepayment or repayment of principal,
interest, fees or otherwise; individually and collectively, a &ldquo;<U>Payment</U>&rdquo;) and demands the return of such Payment,
such Recipient shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount
of any such Payment as to which such a demand was made. A notice of the Administrative Agent to any Recipient under this Section
shall be conclusive, absent manifest error.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) Without limitation of clause (a) above,
each Recipient further acknowledges and agrees with the Administrative Agent that if such Recipient receives a Payment from the
Administrative Agent (or any of its Affiliates) (x) that is in an amount, or on a date different from the amount and/or date specified
in a notice of payment sent by the Administrative Agent (or any of its Affiliates) with respect to such Payment (a &ldquo;<U>Payment
Notice</U>&rdquo;), (y) that was not preceded or accompanied by a Payment Notice, or (z) that such Recipient otherwise becomes
aware was transmitted, or received, in error or by mistake (in whole or in part), in each case, it understands</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">and agrees at the
time of receipt of such Payment that an error has been made (and that it is deemed to have knowledge of such error) with respect
to such Payment. Each Recipient agrees with the Administrative Agent that, in each such case, it shall promptly notify the Administrative
Agent of such occurrence and, upon demand from the Administrative Agent, it shall promptly, but in no event later than one Business
Day thereafter, return to the Administrative Agent the amount of any such Payment (or portion thereof) as to which such a demand
was made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) Each Recipient further acknowledges and
agrees with the Administrative Agent that any Payment required to be returned by a Recipient under this Section shall be made in
same day funds in the currency so received, together with interest thereon in respect of each day from and including the date such
Payment (or portion thereof) was received by such Recipient to the date such amount is repaid to the Administrative Agent at the
greater of the Overnight Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank
compensation from time to time in effect. Each Recipient hereby agrees with the Administrative Agent that it shall not assert and,
to the fullest extent permitted by applicable law hereby waives, any right to retain such Payment, and any claim, counterclaim,
defense or right of set-off or recoupment or similar right to any demand by the Administrative Agent for the return of any Payment
received, including without limitation any defense based on &ldquo;discharge for value&rdquo; or any similar doctrine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(d) The obligations of the Administrative
Agent, each Issuing Bank and each Lender (and each Participant of any of the foregoing, by its acceptance of a Participation) under
this Section 8.11 shall survive the resignation or replacement of the Administrative Agent or any transfer of rights or obligations
by, or the replacement of, a Lender, the termination of the Commitments or the repayment, satisfaction or discharge of all Obligations
under any Credit Document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

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

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

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 9.01 Notices</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) All notices, requests and demands to or
upon the respective parties hereto to be effective shall be in writing (including by telecopy) (unless otherwise specifically permitted
in this Agreement), and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made when delivered,
or three Business Days after being deposited in the mail, postage prepaid, or, in the case of telecopy or telephone notice, when
received, addressed as follows in the case of the Borrower and the Administrative Agent, and as set forth in an administrative
questionnaire delivered to the Administrative Agent in the case of the Lenders, or to such other address as may be hereafter notified
by the respective parties hereto:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20%"></TD><TD STYLE="width: 20%">Borrower:</TD><TD STYLE="width: 60%">Sirius XM Radio Inc.<BR>
1221 Avenue of the Americas, 35<SUP>th</SUP> Floor<BR>
New York, New York 10020<BR>
Attention: Chief Financial Officer<BR>
Telecopy: (212) 584-5252<BR>
Telephone: (212) 584-5100</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 180pt; text-indent: -108pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">With a copy to:</TD>
    <TD STYLE="width: 60%">Sirius XM Radio Inc.<BR>
    1221 Avenue of the Americas, 35<SUP>th</SUP> Floor<BR>
    New York, New York&nbsp;10020<BR>
    Attention:&nbsp;General Counsel<BR>
    Telecopy:&nbsp;(212) 584-5353<BR>
    Telephone:&nbsp;(212) 584-5100</TD></TR>
</TABLE>



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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">Administrative Agent:</TD>
    <TD STYLE="width: 60%">JPMorgan Chase Bank, N.A.<BR>
    500 Stanton Christiana Rd.<BR>
    NCC 5, 1<SUP>st</SUP> Floor<BR>
    Newark, Delaware&nbsp;19713-2107<BR>
    Attention:&nbsp;Loan &amp; Agency Services Group<BR>
    Telephone:&nbsp;(302) 634-5581<BR>
    Email: rocio.alvarez@jpmchase.com</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 180pt; text-indent: -108pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 20%">With a copy to:</TD>
    <TD STYLE="width: 60%">JPMorgan Chase Bank, N.A.<BR>
    383 Madison Avenue<BR>
    New York, New York&nbsp;10179<BR>
    Attention:&nbsp;Peter Thauer<BR>
    Telecopy:&nbsp;(212) 270-5127<BR>
    Telephone:&nbsp;(212) 270-6289</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 180pt; text-indent: -108pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) Notices, financial statements and similar
deliveries and other communications to the Lenders hereunder may be delivered or furnished by electronic communications pursuant
to procedures approved by the Administrative Agent (including by posting on Intralinks); <I>provided</I> that the foregoing shall
not apply to notices pursuant to Article II unless otherwise agreed by the Administrative Agent and the applicable Lender. The
Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by
electronic communications pursuant to procedures approved by it, <I>provided</I> that approval of such procedures may be limited
to particular notices or communications.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 9.02 Waivers; Amendments</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) No failure or delay by the Administrative
Agent or any Lender in exercising any right or power hereunder shall operate as a waiver thereof, nor shall any single or partial
exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any
other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Administrative Agent
and the Lenders hereunder are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver
of any provision of this Agreement or consent to any departure by the Borrower therefrom shall in any event be effective unless
the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only in the specific
instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan shall not
be construed as a waiver of any Default, regardless of whether the Administrative Agent or any Lender may have had notice or knowledge
of such Default at the time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) Except as otherwise expressly set forth
in this Agreement, neither this Agreement nor any provision hereof may be waived, amended or modified except pursuant to an agreement
or agreements in writing entered into by the Borrower and the Required Lenders or by the Borrower and the Administrative Agent
with the consent of the Required Lenders; <I>provided</I> that no such agreement shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(i) increase the Revolving Commitment
<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">or 2024 Incremental Delayed Draw Term Commitment,
</FONT>of any Lender without the written consent of such Lender,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(ii) reduce the principal amount
of any Loan or reduce the rate of interest thereon, or reduce any fees payable hereunder, without the written consent of each Lender
directly and adversely affected thereby (it being understood that (x) a waiver of any condition precedent set forth in Article
IV or waiver or amendment of any Default, Event of Default or mandatory prepayment shall not constitute a reduction of principal
and (y) any change to the definition of &ldquo;Total Leverage Ratio&rdquo; or in the component definitions thereof shall not constitute
a reduction in the rate or fees and only the consent of the Required Lenders shall be necessary to waive any obligation of the
Borrower to pay interest at the &ldquo;default rate&rdquo; or to amend Section 2.10(d)),</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iii) postpone the scheduled date
of payment of the principal amount of any Loan, or any interest thereon, or any fees payable hereunder, or reduce the amount of,
waive or excuse any such payment, or postpone the scheduled date of expiration of any Revolving Commitment<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">
or 2024 Incremental</FONT></P>



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<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 0"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Delayed Draw Term Commitment</FONT>, without the written consent of each Lender directly and adversely
affected thereby (other than as a result of waiving the conditions precedent set forth in Article IV or other than as a result
of a waiver or amendment of any Default, Event of Default or mandatory prepayment, which shall not constitute an extension, reduction,
waiver, excuse or postponement)<FONT STYLE="color: red"><STRIKE>,</STRIKE></FONT><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(iv) change any of the provisions
of this Section or the definition of &ldquo;Required <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">Lenders&rdquo;,
&ldquo;Required Revolving Lenders&rdquo;, &ldquo;Required 2022 Incremental Term Lenders&rdquo;, &ldquo;Required 2024 Incremental
Delayed Draw Term </FONT>Lenders&rdquo; or any other provision hereof specifying the number or percentage of Lenders required
to waive, amend or modify any rights hereunder or make any determination or grant any consent hereunder, without the written consent
of each Lender,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(v) increase the Total Leverage
Ratio set forth in Section 9.16(b) or Section 9.16(c), without the written consent of each Lender, or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(vi) (A) waive any of the conditions
in Section 4.02 in respect of any Borrowing of Revolving Loans or (B) amend or modify Section 6.10 (unless Section 6.10 applies
to Incremental Term Loans, if any), without the consent of the Required Revolving Lenders (it being understood that if Section
6.10 does not apply to the Incremental Term Loans, if any, only the consent of the Required Revolving Lenders shall be required
to (and only the Required Revolving Lenders shall have the ability to) waive, amend or modify the covenant set forth in Section
6.10 (including any defined terms as they relate thereto)<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">)</FONT>,
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt/135% Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt"><FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(vii)</FONT> <FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">(A)
waive any of the conditions in Section 4.03 without the consent of each 2024 Incremental Delayed Draw Term Lender, (B) amend or
modify Section 6.10, solely to the extent that Section 6.10 applies to the 2024 Incremental Delayed Draw Term Loans, without the
consent of the Required 2024 Incremental Delayed Draw Term Lenders or (C) amend or modify Section 2.08(b)(ii) without the consent
of the Required 2024 Incremental Delayed Draw Term Lenders, or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt; color: blue"><FONT STYLE="text-underline-style: double">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">(vii<FONT STYLE="color: blue; background-color: #DDDDDD; border-bottom: blue 3px double">i</FONT>) change
any of the <I>pro rata</I> provisions of Sections 2.06 or 2.15 without the written consent of each Lender directly and adversely
affected thereby;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>provided</I> <I>further</I> that no such agreement shall amend,
modify or otherwise affect the rights or duties of the Administrative Agent or any Issuing Bank hereunder without the prior written
consent of the Administrative Agent or such Issuing Bank. Notwithstanding the foregoing, the Administrative Agent and the Borrower
may jointly amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as if
the Required Lenders do not object to such amendment, modification or supplement within ten business days following receipt of
notice thereof.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) Notwithstanding the foregoing, this Agreement
may be amended (or amended and restated) (a) to incorporate any Incremental Revolving Commitments or Incremental Term Loans in
accordance with the provisions hereof, or (b) with the written consent of the Required Lenders, the Administrative Agent and the
Borrower to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to
time outstanding thereunder and the accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement
and the other Credit Documents with the Incremental Term Loans, and the Revolving Loans, and the accrued interest and fees in respect
thereof; and in each case to include appropriately the Lenders holding such credit facilities in any determination of the Required
Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">In addition, notwithstanding the foregoing, this
Agreement may be amended with the written consent of the Administrative Agent, the Borrower and the Lenders providing the relevant
Replacement Loans (as defined below) to permit the refinancing of all outstanding Revolving Commitments or Incremental Term Loans
of any Class (&ldquo;<U>Refinanced Loans</U>&rdquo;) with replacement loans denominated in Dollars (&ldquo;<U>Replacement Loans</U>&rdquo;)
hereunder; <I>provided</I> that (a) the aggregate principal amount of such Replacement Loans shall not exceed the aggregate principal
amount of such Refinanced Loans, (b) the Applicable Rate with respect to such Replacement Loans (or similar interest rate spread
applicable to such Replacement Loans) shall not be higher than the Applicable Rate for such Refinanced Loans (or similar interest
rate spread applicable to such Refinanced Loans) immediately prior to such refinancing, (c) the Weighted Average Life to Maturity
of such Replacement Loans shall not be shorter than the Weighted Average Life to Maturity of such Refinanced Loans at the time
of such refinancing (except to the extent of nominal</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">amortization for periods where amortization has been eliminated as a result
of prepayment of the Refinanced Loans) and (d) all other terms applicable to such Replacement Loans shall be substantially identical
to, or less favorable to the Lenders providing such Replacement Loans than those applicable to such Refinanced Loans, except to
the extent necessary to provide for covenants and other terms applicable to any period after the latest final maturity of any Class
of Loans in effect immediately prior to such refinancing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(d) Without the consent of any Lender, the
Administrative Agent may (in its or their respective sole discretion, or shall, to the extent required by any Credit Document)
enter into any amendment or waiver of any Collateral Document or Customary Intercreditor Agreement contemplated by this Agreement
to effect the provisions of this Agreement, or enter into any new agreement or instrument, to effect the granting, perfection,
protection, expansion or enhancement of any security interest in any Collateral or additional property to become Collateral for
the benefit of the Secured Parties, or as required by local law to give effect to, or protect any security interest for the benefit
of the Secured Parties, in any property or so that the security interests therein comply with applicable Requirements of Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 9.03 Waivers; Amendments to Other
Credit Documents</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) No failure or delay by the Administrative
Agent or any Lender in exercising any right or power under the Subsidiary Guarantee, the Pledge Agreement, the Security Agreement
or the HoldCo Pledge Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or
power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof
or the exercise of any other right or power. The rights and remedies of the Administrative Agent and the Lenders under the Subsidiary
Guarantee, the Pledge Agreement, the Security Agreement and the HoldCo Pledge Agreement are cumulative and are not exclusive of
any rights or remedies that they would otherwise have. No waiver of any provision of the Subsidiary Guarantee, the Pledge Agreement,
the Security Agreement or the HoldCo Pledge Agreement or consent to any departure by any Credit Party therefrom shall in any event
be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective
only in the specific instance and for the purpose for which given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) Subject to Section 9.02(d), none of the
Subsidiary Guarantee, the Pledge Agreement, the Security Agreement, the HoldCo Pledge Agreement nor any provision thereof may be
waived, amended or modified except pursuant to an agreement or agreements in writing entered into by each affected Credit Party
and the Required Lenders or by the affected Credit Party and the Administrative Agent with the consent of the Required Lenders;
<I>provided</I> that no such agreement shall release all or substantially all of the Collateral (except as provided in Section
9.16), release all or substantially all of the Subsidiary Guarantors or change any of the provisions of this Section, in each case
without the written consent of each Lender; <I>provided</I> <I>further</I> that no such agreement shall amend, modify or otherwise
affect the rights or duties of the Administrative Agent under the Subsidiary Guarantee, the Pledge Agreement, the Security Agreement
or the HoldCo Pledge Agreement without the prior written consent of the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 9.04 Expenses; Indemnity; Damage
Waiver</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) The Borrower shall pay (i) all reasonable
and documented out-of-pocket expenses incurred by the Administrative Agent, the Lead Arranger and their respective Affiliates,
including the reasonable fees, charges and disbursements of counsel for the Administrative Agent and the Lead Arranger, in connection
with syndication of the Facilities and the preparation, execution, delivery and administration of this Agreement or any other Credit
Document or any amendments (including the Fifth Amendment and the Seventh Amendment), modifications or waivers of the provisions
hereof or thereof and (ii) all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent and the Lenders,
including the fees, charges and disbursements of one firm of counsel for the Administrative Agent and the Lenders, taken as a whole
(and solely in the case of a conflict of interest, one additional counsel to all such affected Persons, taken as a whole), and
to the extent required, one firm of local counsel in each relevant jurisdiction (which may include a single special counsel acting
in multiple jurisdictions) and one firm of regulatory counsel in connection with the enforcement or protection of their rights
in connection with this Agreement or any other Credit Document, including their rights under this Section, or in connection with
the Loans made hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations
in respect of such Loans.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) The Borrower shall indemnify the Administrative
Agent, the Lead Arranger and each Lender, and each Related Party of any of the foregoing Persons (each such Person being called
an &ldquo;<U>Indemnitee</U>&rdquo;) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities
(including, for the avoidance of doubt, any Environmental Liabilities) and related expenses (including the reasonable and documented
or invoiced out-of-pocket fees, expenses, disbursements and other charges of one firm of counsel for all Indemnitees, taken as
a whole (and, in the case of an actual or perceived conflict of interest where the Indemnitee affected by such conflict notifies
the Borrower of any existence of such conflict and in connection with the investigating or defending any of the foregoing has retained
its own counsel, of another firm of counsel for such affected Indemnitee), and to the extent required, one firm or local counsel
in each relevant jurisdiction (which may include a single special counsel acting in multiple jurisdictions)) and one firm of regulatory
counsel of any such Indemnitee arising out of or relating to any action, claim, litigation, investigation or other proceeding (including
any inquiry or investigation of the foregoing) (regardless of whether such Indemnitee is a party thereto or whether or not such
action, claim, litigation or proceeding was brought by the Borrower, its equity holders, affiliates or creditors or any other third
person), arising out of, or with respect to the Transactions, the Second Amendment Transactions, the Third Amendment Transactions,
the Fourth Amendment Transactions, the Fifth Amendment Transactions, the Seventh Amendment Transactions, the Eighth Amendment Transactions
or to the execution, delivery, enforcement, performance and administration of this Agreement, the other Credit Documents and any
such other documents or the use of the proceeds of the Loans or Letters of Credit; <I>provided</I> that such indemnity shall not,
as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (i) are determined
by a court of competent jurisdiction in a final and nonappealable judgment to have resulted from the gross negligence, bad faith
or willful misconduct of such Indemnitee, one of its Affiliates or one of its or their respective Related Parties or (ii) arise
from a material breach of this Agreement by such Indemnitee or its Affiliates as determined by a court of competent jurisdiction
in a final and nonappealable judgment. Each Indemnitee shall give prompt notice to the Borrower of any claim that may give rise
to a claim against the Borrower hereunder and shall consult with the Borrower in the conduct of such Indemnitee&rsquo;s legal defense
of such claim; <I>provided</I>, <I>however</I>, than an Indemnitee&rsquo;s failure to give such prompt notice to the Borrower or
to seek such consultation with the Borrower shall not constitute a defense to any claim for indemnification by such Indemnitee
unless, and only to the extent that, such failure materially prejudices the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(c) To the extent that the Borrower fails
to pay any amount required to be paid by it to the Administrative Agent under paragraph (a) or (b) of this Section, each Lender
severally agrees to pay to the Administrative Agent such Lender&rsquo;s Total Percentage (determined as of the time that the applicable
unreimbursed expense or indemnity payment is sought) of such unpaid amount; <I>provided</I> that the unreimbursed expense or indemnified
loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent
in its capacity as such.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(d) To the extent permitted by applicable
law, the parties shall not assert, and each hereby waives, any claim against any other party, on any theory of liability, for special,
indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as
a result of, this Agreement or any agreement or instrument contemplated hereby, the Transactions, the Second Amendment Transactions,
the Third Amendment Transactions, the Fourth Amendment Transactions, the Fifth Amendment Transactions, the Seventh Amendment Transactions,
the Eighth Amendment Transactions, any Loan or the use of the proceeds thereof; <I>provided</I> that nothing in this Section 9.04(d)
shall limit the Borrower&rsquo;s indemnification obligations to the extent that such special, indirect, consequential or punitive
damages are included in any claim by a third party unaffiliated with any Indemnitee with respect to which the applicable Indemnitee
is entitled to indemnification under Section 9.04(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(e) All amounts due under this Section shall
be payable within 10 days after written demand therefor.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"><U>SECTION 9.05 Successors and Assigns</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(a) The provisions of this Agreement shall
be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except
that (i) except to the extent permitted by Section 6.03, the Borrower may not assign or otherwise transfer any of its rights or
obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower
without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder
except in accordance with this Section. Nothing in this Agreement, expressed or implied, shall be construed to</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">confer upon any
Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants (to the extent provided
in paragraph (c) of this Section) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative
Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">(b) (i) Subject to the conditions set forth
in paragraph (b)(ii) below, any Lender may assign to one or more assignees all or a portion of its rights and obligations under
this Agreement (including all or a portion of its Revolving Commitments and the Loans at the time owing to it) with the prior written
consent of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(A) the Borrower (such consent not
to be unreasonably withheld or delayed), <I>provided</I> that no consent of the Borrower shall be required for (a)&nbsp;with respect
to funded Incremental Term Loans (if any) only, an assignment to a Lender, an Affiliate of a Lender, an Approved Fund, (b) in respect
of the Revolving Facility only, an assignment to a Revolving Lender or an Affiliate of a Revolving Lender or (c) if an Event of
Default under clause (a), (b), (h) or (i) of Section 7.01 has occurred and is continuing, any assignment; <FONT STYLE="background-color: white"><I>provided</I>,
<I>further</I>, </FONT>that the Borrower shall be deemed to have consented to any such assignment of Incremental Term Loans unless
it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received notice
thereof;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(B) the Administrative Agent (such
consent not to be unreasonably withheld or delayed), <I>provided</I> that no consent of the Administrative Agent shall be required
for an assignment (a) of any funded Incremental Term Loan to an assignee that is a Lender, an Affiliate of a Lender or an Approved
Fund or (b) with respect to the Revolving Facility, an assignment to a Revolving Lender; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(C) each Issuing Bank (such consent
not to be unreasonably withheld or delayed) for any assignment (other than an assignment to a Revolving Lender) in respect of the
Revolving Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt"> (ii) Assignments shall be subject to the following additional
conditions:</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(A) except in the case of an assignment
to a Lender or an Affiliate of a Lender or an assignment of the entire remaining amount of the assigning Lender&rsquo;s Revolving
Commitment or Loans of any Class, the amount of the Revolving Commitments or Loans of the assigning Lender subject to each such
assignment (determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative
Agent) shall not be less than $5,000,000 or, in the case of any Incremental Term Loan, $1,000,000, unless each of the Borrower
and the Administrative Agent otherwise consent, <I>provided</I> that no such consent of the Borrower shall be required if an Event
of Default under clause (a), (b), (h) or (i) of Section 7.01 has occurred and is continuing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(B) each partial assignment shall
be made as an assignment of a proportionate part of all the assigning Lender&rsquo;s rights and obligations under this Agreement,
<I>provided</I> that this clause shall not be construed to prohibit the assignment of a proportionate part of all the assigning
Lender&rsquo;s rights and obligations in respect of one Class of Revolving Commitments or Loans;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(C) the parties to each assignment
shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation
fee of $3,500 (which fee is hereby waived for any assignment to which JPMorgan Chase Bank, N.A. or any of its Affiliates is a party);
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">(D) the assignee, if it shall not
be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 36pt">For the purposes of this Section 9.05(b), the
term &ldquo;<U>Approved Fund</U>&rdquo; means any Person (other than a natural person) that is engaged in making, purchasing, holding
or investing in bank loans and similar extensions of credit in the ordinary course of its business and that is administered or
managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages
a Lender.</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(iii) Subject to acceptance and recording
thereof pursuant to paragraph (b)(iv) of this Section, from and after the effective date specified in each Assignment and Assumption
the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Assumption,
have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the
interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of
an Assignment and Assumption covering all of the assigning Lender&rsquo;s rights and obligations under this Agreement, such Lender
shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.12, 2.13, 2.14 and 9.04). Any
assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 9.05 shall
be null and void.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(iv) The Administrative Agent, acting for
this purpose as an agent of the Borrower, shall maintain at one of its offices a copy of each Assignment and Assumption delivered
to it and a register for the recordation of the names and addresses of the Lenders, and the Revolving Commitments of, and principal
and interest amounts of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the &ldquo;<U>Register</U>&rdquo;).
The entries in the Register shall be conclusive, absent manifest error, and the Borrower, the Administrative Agent and the Lenders
shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes
of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower and any
Lender, with respect to its own Loans and Revolving Commitments only, at any reasonable time and from time to time upon reasonable
prior notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(v) Upon its receipt of a duly completed
Assignment and Assumption with respect to a permitted assignment executed by an assigning Lender and an assignee, the assignee&rsquo;s
completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation
fee referred to in paragraph (b) of this Section (unless waived), and any written consent to such assignment required by paragraph
(b) of this Section, the Administrative Agent shall accept such Assignment and Assumption and record the information contained
therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register
as provided in this paragraph.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) (i) Any Lender may, without the consent
of the Borrower, the Administrative Agent or the Issuing Bank, sell participations to one or more banks, institutions or other
entities (a &ldquo;<U>Participant</U>&rdquo;) in all or a portion of such Lender&rsquo;s rights and obligations under this Agreement
(including all or a portion of its Revolving Commitments and the Loans owing to it); <I>provided</I> that (A) such Lender&rsquo;s
obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto
for the performance of such obligations and (C) the Borrower, the Administrative Agent and the other Lenders shall continue to
deal solely and directly with such Lender in connection with such Lender&rsquo;s rights and obligations under this Agreement and
the other Credit Documents. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that
such Lender shall retain the sole right to enforce this Agreement and the other Credit Documents and to approve any amendment,
modification or waiver of any provision of this Agreement and the other Credit Documents; <I>provided</I> that such agreement or
instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification
or waiver described in the first proviso to Section 9.02(b) or the first proviso to Section 9.03(b) that affects such Participant.
Subject to paragraph (c)(ii) of this Section, the Borrower agrees that each Participant shall be entitled to the benefits of Sections
2.12, 2.13 and 2.14 (subject to the limitations and requirements of such Sections and Section 2.16) to the same extent as if it
were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section. Each Lender that sells a participation
shall, acting as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant
and the principal and interest amounts of each Participant&rsquo;s interest in the Loans (the &ldquo;<U>Participant Register</U>&rdquo;).
The entries in the Register shall be conclusive (absent manifest error), the Lenders shall treat each Person whose name is recorded
in the Participant Register pursuant to the terms hereof as the owner of such participation hereunder for all purposes of this
Agreement, notwithstanding notice to the contrary; <I>provided</I> that no Lender shall have the obligation to disclose all or
a portion of the Participant Register (including the identity of any Participant or any information relating to a Participant&rsquo;s
interest in any loans or other obligations under any Loan Document) to any Person except to the extent that such disclosure is
necessary in connection with a Tax audit or other proceeding to establish that any loans are in registered form for U.S. federal
income tax purposes.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(ii) A Participant shall not be entitled
to receive any greater payment under Section 2.12 or 2.14 than the applicable Lender would have been entitled to receive with respect
to the participation sold to such Participant,</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">unless the sale of the participation to such Participant is
made with the Borrower&rsquo;s prior written consent (such consent not to be unreasonably withheld or delayed).</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Any Lender may at any time pledge or
assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including
without limitation any pledge or assignment to secure obligations to a Federal Reserve Bank or other applicable central bank which
governs or regulates the activities of such Lender, and this Section shall not apply to any such pledge or assignment of a security
interest; <I>provided</I> that no such pledge or assignment of a security interest shall release a Lender from any of its obligations
hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) Revolving Commitments <FONT STYLE="color: red"><STRIKE>and</STRIKE></FONT><FONT STYLE="text-underline-style: double; color: blue; background-color: #DDDDDD"><U>,
2024 Incremental Delayed Draw Term Commitments,</U></FONT> Revolving Loans <FONT STYLE="text-underline-style: double; color: blue; background-color: #DDDDDD"><U>and
2024 Incremental Delayed Draw Term Loans </U></FONT>may not be assigned to Liberty Media <FONT STYLE="color: red"><STRIKE>Corporation,
a Delaware corporation</STRIKE></FONT>, the Satisfactory HoldCo, the Borrower or any of its Subsidiaries or any of their respective
Affiliates, in each case from the Closing Date until the first date on which such Person is no longer an Affiliate of the Borrower.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.06&#9;Survival</U>. All covenants,
agreements, representations and warranties made by any Credit Parties herein, in the other Credit Documents and in the certificates
or other instruments delivered in connection with or pursuant to this Agreement or the other Credit Documents shall be considered
to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and the other
Credit Documents and the making of any Loans, regardless of any investigation made by any such other party or on its behalf and
notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default or incorrect representation
or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal
of or any accrued interest on any Loan or any fee or any other amount payable under this Agreement is outstanding and unpaid and
so long as the Revolving Commitments have not expired or terminated. The provisions of Sections 2.12, 2.13, 2.14 and 9.04 and Article
VIII shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby,
the repayment of the Loans, the expiration or termination of the Revolving Commitments, any assignment of rights by or replacement
of a Lender or the termination of this Agreement or any provision hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.07&#9;Counterparts; Integration;
Effectiveness</U>. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts),
each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement,
the other Credit Documents and any separate letter agreements with respect to fees payable to the Administrative Agent, the Lead
Arranger or any of the Lenders constitute the entire contract among the parties relating to the subject matter hereof and supersede
any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. This Agreement shall
become effective as provided in Section 4.01, and thereafter shall be binding upon and inure to the benefit of the parties hereto
and their respective successors and assigns. Delivery of an executed counterpart of a signature page of this Agreement by email
or telecopy shall be effective as delivery of an originally executed counterpart of this Agreement. Delivery of an executed signature
page of this Agreement by facsimile or other electronic transmission (including by portable document format (&ldquo;.pdf&rdquo;)
or similar format) shall be effective as delivery of a manually executed counterpart hereof. The words &ldquo;execution,&rdquo;
&ldquo;signed,&rdquo; &ldquo;signature,&rdquo; &ldquo;delivery,&rdquo; and words of like import in or relating to this Agreement
shall be deemed to include Electronic Signatures (as defined below), deliveries or the keeping of records in electronic form, each
of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof
or the use of a paper-based recordkeeping system, as the case may be. &ldquo;<U>Electronic Signature</U>&rdquo; means any electronic
symbol or process attached to, or associated with, any contract or other record and adopted by a person with the intent to sign,
authenticate or accept such contract or record.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.08&#9;Severability</U>. Any
provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability
of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate
such provision in any other jurisdiction.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.09&#9;Right of Setoff</U>. If
an Event of Default shall have occurred and be continuing, each Lender is hereby authorized at any time and from time to time,
to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional
or final) at any time held and other obligations at any time owing by such Lender or Affiliate to or for the credit or the account
of the Borrower against any of and all the obligations of the Borrower then due and owing under this Agreement held by such Lender,
irrespective of whether or not such Lender shall have made any demand under this Agreement and although such obligations may be
unmatured. The rights of each Lender under this Section are in addition to other rights and remedies (including other rights of
setoff) which such Lender may have. Each Lender agrees to notify the Administrative Agent promptly after any such setoff and application;
<I>provided</I> that the failure to give such notice shall not affect the validity of such setoff and application.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.10&#9;Governing Law; Jurisdiction;
Consent to Service of Process</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) This Agreement shall be construed in
accordance with and governed by the law of the State of New York.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) Each party hereby irrevocably and unconditionally
submits, for itself and its property, to the exclusive jurisdiction of the Supreme Court of the State of New York sitting in New
York County and of the United States District Court of the Southern District of New York <FONT STYLE="text-underline-style: double; color: blue; background-color: #DDDDDD"><U>sitting
in New York County</U></FONT>, and any appellate court from any thereof, in any action or proceeding arising out of or relating
to this Agreement or the other Credit Documents, or for recognition or enforcement of any judgment, and each of the parties hereto
hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined
in such New York State or, to the extent permitted by law, in such federal court. Each of the parties hereto agrees that a final
judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment
or in any other manner provided by law. Nothing in this Agreement or any other Credit Document shall affect any right that the
Administrative Agent, any Issuing Bank or any Lender may otherwise have to bring any action or proceeding relating to this Agreement
or the other Credit Documents against any Credit Party or their respective properties to enforce any award or judgment or exercise
any right under the Security Documents or against any Collateral or any other property of any Loan Party in any other forum in
which jurisdiction can be established.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) Each party hereby irrevocably and unconditionally
waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying
of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Credit Documents in any court
referred to in paragraph (b) of this Section. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted
by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Each party to this Agreement irrevocably
consents to service of process in the manner provided for notices in Section 9.01. Nothing in this Agreement or any other Credit
Document will affect the right of any party to this Agreement to serve process in any other manner permitted by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.11&#9;WAIVER OF JURY TRIAL</U>.
EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN
ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE OTHER CREDIT DOCUMENTS OR THE TRANSACTIONS
CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE,
AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED TO IT, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT
OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED
TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.12&#9;Headings</U>. Article
and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement
and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.13&#9;Confidentiality</U>. Each
of the Administrative Agent and the Lenders agrees to maintain the confidentiality of the Information (as defined below), except
that Information may be disclosed (a) to its and its Affiliates&rsquo; directors, officers, employees and agents, including accountants,
legal counsel and other advisors (it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent requested by any
regulatory or self-regulatory authority, (c) to the extent required by applicable laws or regulations or by any subpoena or similar
legal process, (d) to any other party to this Agreement, (e) in connection with the exercise of any remedies hereunder or the enforcement
of any right under this Agreement or any other Credit Document in any litigation or arbitration or proceeding relating thereto,
to the extent such disclosure is reasonably necessary in connection with such litigation or arbitration action or proceeding (<I>provided</I>
that the Borrower shall be given notice thereof and a reasonable opportunity to seek a protective court order with respect to such
information prior to such disclosure (it being understood that the refusal by a court to grant such a protective order shall not
prevent the disclosure of such Information thereafter)), (f) subject to an agreement containing provisions substantially the same
as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its
rights or obligations under this Agreement, (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative
transaction relating to the Borrower and its obligations or (iii) any actual or prospective credit insurance provider relating
to the Borrower and its obligations, (g) with the consent of the Borrower, (h) to the extent such Information becomes publicly
available other than as a result of a breach of this Section or an agreement described in clause (f) hereof or becomes available
to the Administrative Agent or any Lender on a nonconfidential basis from a source other than the Borrower or (i) on a confidential
basis to (i) any rating agency in connection with rating the Borrower or its Subsidiaries or any Facility or (ii) the CUSIP Service
Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers with respect to any Facility. For
the purposes of this Section, &ldquo;<U>Information</U>&rdquo; means all information received from the Borrower or its Affiliates
relating to the Borrower, its subsidiaries or their businesses, other than any such information that is available to the Administrative
Agent or any Lender on a nonconfidential basis prior to disclosure by the Borrower or its Affiliates. Any Person required to maintain
the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so
if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would reasonably
accord to its own confidential information. In addition, the Administrative Agent and each Lender may disclose the existence of
this Agreement and information about this Agreement, on an as-needed basis, to market data collectors, similar services providers
to the lending industry, and service providers to the Agents and the Lenders in connection with the administration and management
of this Agreement and the other Credit Documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Each Lender acknowledges that information
furnished to it pursuant to this Agreement or the other Credit Documents may include material non-public information concerning
the Borrower and its Affiliates and their related parties or their respective securities, and confirms that it has developed compliance
procedures regarding the use of material non-public information and that it will handle such material non-public information in
accordance with those procedures and applicable law, including federal and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">All information, including requests for waivers
and amendments, furnished by the Borrower or the Administrative Agent pursuant to, or in the course of administering, this Agreement
or the other Credit Documents will be syndicate-level information, which may contain material non-public information about the
Borrower and its Affiliates and their related parties or their respective securities. Accordingly, each Lender represents to the
Borrower and the Administrative Agent that it has identified in its administrative questionnaire a credit contact who may receive
information that may contain material non-public information in accordance with its compliance procedures and applicable law, including
federal and state securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.14&#9;Judgment Currency</U>.
If, for the purpose of obtaining judgment in any court, it is necessary to convert a sum owing hereunder in one currency into another
currency, each party hereto agrees, to the fullest extent that it may effectively do so, that the rate of exchange used shall be
that at which in accordance with normal banking procedures in the relevant jurisdiction the first currency could be purchased with
such other currency on the Business Day immediately preceding the day on which final judgment is given.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">The obligations of the Borrower in respect
of any sum due to any party hereto or any holder of any obligation owing hereunder (the &ldquo;<U>Applicable Creditor</U>&rdquo;)
shall, notwithstanding any judgment in a currency (the &ldquo;<U>Judgment Currency</U>&rdquo;) other than the currency in which
such sum is stated to be due hereunder (the &ldquo;<U>Agreement</U></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Currency</U>&rdquo;), be discharged only to the extent that,
on the Business Day following receipt by the Applicable Creditor of any sum adjudged to be so due in the Judgment Currency, the
Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the Agreement Currency
with the Judgment Currency; if the amount of the Agreement Currency so purchased is less than the sum originally due to the Applicable
Creditor in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify
the Applicable Creditor against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally
due to the Applicable Creditor in such currency, such Applicable Creditor agrees to return the amount of any excess to the Borrower
(or to any other Person who may be entitled thereto under applicable law). The obligations of the Borrower under this Section shall
survive the termination of this Agreement and the payment of all other amounts owing hereunder.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.15&#9;USA PATRIOT Act</U>. Each
Lender subject to the USA PATRIOT Act hereby notifies the Borrower that pursuant to the requirements of the USA PATRIOT Act, it
is hereby required to obtain, verify and record information that identifies the Borrower or any Successor Borrower, which information
includes the name and address of the Borrower or any Successor Borrower and other information that will allow such Lender to identify
the Borrower or any Successor Borrower in accordance with the USA PATRIOT Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.16&#9;Releases of Guarantees
and Liens</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(a) The Lenders hereby irrevocably agree
that the Liens granted to the Administrative Agent by the Credit Parties on any Collateral shall be automatically released (i)
in full, as set forth in clause (d) below, (ii) upon the disposition of such Collateral as part of or in connection with any disposition
permitted hereunder to any Person other than another Credit Party, to the extent such disposition is made in compliance with the
terms of this Agreement (and the Administrative Agent may rely conclusively on a certificate to that effect provided to it by a
responsible officer of any Credit Party upon its reasonable request without further inquiry), (iii) to the extent such Collateral
is comprised of property leased to a Credit Party by a Person that is not a Credit Party, upon termination or expiration of such
lease to the extent such Credit Party has no other rights in such Collateral, (iv) if the release of such Lien is approved, authorized
or ratified in writing by the Required Lenders (or such other percentage of the Lenders whose consent may be required in accordance
with Section 9.02 or Section 9.03), (v) to the extent the property constituting such Collateral is owned by any Subsidiary Guarantor
and no other Credit Party, upon the release of such Subsidiary Guarantor from its obligations under the Subsidiary Guarantee (in
accordance with the second succeeding sentence and Section 4.14 of the Subsidiary Guarantee), (vi) as required by the Administrative
Agent to effect any disposition of Collateral in connection with any exercise of remedies of the Administrative Agent pursuant
to the Collateral Documents and (vii) to the extent such Collateral otherwise becomes Excluded Assets (as defined in the Security
Agreement). Any such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those
being released) upon (or obligations (other than those being released) of the Credit Parties in respect of) all interests retained
by the Credit Parties, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral except
to the extent otherwise released in accordance with the provisions of the Credit Documents. Additionally, the Lenders hereby irrevocably
agree that the Subsidiary Guarantors shall be released from the Subsidiary Guarantees upon consummation of any transaction permitted
hereunder resulting in such Subsidiary ceasing to constitute a Restricted Subsidiary, or otherwise ceasing to be a Material Domestic
Subsidiary. The Lenders hereby authorize the Administrative Agent, as applicable, to execute and deliver any instruments, documents,
and agreements necessary or desirable to evidence and confirm the release of any Subsidiary Guarantor or Collateral pursuant to
the foregoing provisions of this paragraph and paragraph (d), all without the further consent or joinder of any Lender. Any representation,
warranty or covenant contained in any Credit Document relating to any such Collateral or Subsidiary Guarantor shall no longer be
deemed to be repeated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(b) If at any time (and from time to time)
on or after the date of satisfaction of the HoldCo Condition when (i) no Default or Event of Default has occurred and is continuing,
(ii) the Total Leverage Ratio for the two consecutive Test Periods most recently ended on or prior to such date does not exceed
3.00 to 1.00 and (iii) no Permitted Additional Debt Document, or other document granting a Lien permitted by clause (x) of the
definition of Permitted Liens, has then granted a valid Lien on any Collateral that will not concurrently become so suspended (such
requirements, collectively, the &ldquo;<U>Suspension Conditions</U>&rdquo;), the Borrower, by written notice to the Administrative
Agent (which notice shall attach a certificate of a Financial Officer, in form and substance reasonably acceptable to the Administrative
Agent, setting forth in reasonable detail the calculations necessary to demonstrate the Borrower&rsquo;s satisfaction of the condition
set forth above), may request that the Collateral be released</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">from the Liens created by Collateral Documents (other than the
HoldCo Pledge Agreement and the Pledge Agreement), and upon the Administrative Agent&rsquo;s acceptance of such written request,
all such Collateral shall be released from the Liens created by the Security Agreement without delivery of any instrument or performance
of any act by any Person.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(c) If any Collateral has been released from
the Liens created by the Security Agreement pursuant to Section 9.16(b), then on the date, if any, on which financial statements
are delivered to the Lenders pursuant to Section 5.01 showing that the Total Leverage Ratio for the two consecutive Test Periods
most recently ended on or prior to such date is greater than 3.75 to 1.00 (the &ldquo;<U>Reinstatement Condition</U>&rdquo;), the
Loan Parties shall:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(i) upon request, promptly (A)
enter into a new Security Agreement and any other applicable Collateral Document to replace the terminated Security Agreement or
Collateral Document, as applicable, (and any period from and after a Collateral Release until the date of such reinstatement, a
&ldquo;<U>Suspension Period</U>&rdquo;) and (B) deliver to the Administrative Agent (or its counsel) (including by telecopy or
email transmission) a counterpart of the Security Agreement and other applicable Collateral Document signed on behalf of each Loan
Party, and the Security Agreement and other applicable Collateral Documents shall be in full force and effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(ii) deliver to the Administrative
Agent the results of a recent Lien search with respect to each Loan Party, and such search shall reveal no Liens on any of the
assets of the Loan Parties except for Liens permitted by Section 6.02 or discharged on or prior to the date of the applicability
of the Reinstatement Condition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iii) file in the proper form
each Uniform Commercial Code financing statement or other filing required by the Collateral Documents and confirm that all other
perfection steps required by the Collateral Documents shall have been taken; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">(iv) deliver to the Administrative
Agent a copy of, or a certificate as to coverage under, the insurance policies required by Section 5.05 and the applicable provisions
of the Collateral Documents, any casualty policies of which shall be endorsed or otherwise amended to include a &ldquo;standard&rdquo;
or &ldquo;New York&rdquo; additional lender&rsquo;s additional loss payable endorsement and any general liability policy of which
shall name the Administrative Agent, on behalf of the Secured Parties, as additional insured, in form and substance reasonably
satisfactory to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 50.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(d) Notwithstanding anything to the contrary
contained herein or any other Credit Document, when all Obligations (other than (i) Swap Obligations in respect of any Secured
Swap Agreements, (ii) Cash Management Obligations in respect of any Secured Cash Management Agreement and (iii) any contingent
obligations or contingent indemnification obligations not then due) have been paid in full, all Revolving Commitments have terminated
or expired and no Letter of Credit shall be outstanding that is not cash collateralized or back-stopped on terms reasonably satisfactory
to the Issuing Bank, upon request, at the sole cost and expense of the Borrower, the Administrative Agent shall (without notice
to, or vote or consent of, any Secured Party) take such actions as shall be required to release its security interest in all Collateral,
and to release all obligations under any Credit Document, whether or not on the date of such release there may be any (i) Swap
Obligations in respect of any Secured Swap Agreements, (ii) Cash Management Obligations in respect of any Secured Cash Management
Agreements and (iii) any contingent obligations or contingent indemnification obligations not then due. Any such release of Obligations
shall be deemed subject to the provision that such Obligations shall be reinstated if after such release any portion of any payment
in respect of the Obligations guaranteed thereby shall be rescinded or must otherwise be restored or returned upon the insolvency,
bankruptcy, dissolution, liquidation or reorganization of any Credit Party, or upon or as a result of the appointment of a receiver,
intervenor or conservator of, or trustee or similar officer for, any Credit Party or any substantial part of its property, or otherwise,
all as though such payment had not been made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(e) Notwithstanding anything to the contrary
contained herein or in any other Credit Document, upon request of the Borrower in connection with any Permitted Liens securing
Purchase Money Indebtedness, Capital Lease Obligations or Attributable Debt, the Administrative Agent shall (without notice to,
or vote or consent of, any Secured Party) take such actions as shall be required to subordinate the Lien on any Collateral to such
Permitted Liens securing Purchase Money Indebtedness, Capital Lease Obligations or Attributable Debt (other than in</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">connection with any such Indebtedness that is secured by Liens
permitted by clause (x) or clause (p) (as it relates to clause (x)) of the definition of &ldquo;Permitted Liens<FONT STYLE="color: red"><STRIKE>.</STRIKE></FONT>&rdquo;<FONT STYLE="text-underline-style: double; color: blue; background-color: #DDDDDD"><U>).</U></FONT></P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(f) Notwithstanding the foregoing or anything
in the Credit Documents to the contrary, at the direction of the Required Lenders, the Administrative Agent may, in exercising
remedies, take any and all necessary and appropriate action to effectuate a credit bid of all Loans (or any lesser amount thereof)
for the Borrower&rsquo;s assets in a bankruptcy, foreclosure or other similar proceeding, forbear from exercising remedies upon
an Event of Default, or in a bankruptcy proceeding, enter into a settlement agreement on behalf of all Lenders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(g) If at any time the Investment Grade Condition
is attained, the Borrower may request that the Collateral be released from the Liens created by Collateral Documents (including,
if applicable, under the HoldCo Pledge Agreement but excluding, for the avoidance of doubt, the Subsidiary Guarantee), and upon
the Borrower&rsquo;s delivery to the Administrative Agent of an officers&rsquo; certificate certifying that the Investment Grade
Condition has been attained the Collateral Documents shall be automatically terminated and all such Collateral shall be released
from the Liens created by the Collateral Documents without delivery of any instrument or performance of any act by any Person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">(h) If any Collateral has been released from
the Liens created by the Security Agreement pursuant to Section 9.16(g), then on any Reversion Date (the &ldquo;<U>IG Reinstatement
Condition</U>&rdquo;), the Loan Parties shall, within 60 days of the written request of the Administrative Agent (or such later
date as the Administrative Agent may agree):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(i) (A) enter into a new Security
Agreement and any other applicable Collateral Document to replace the terminated Security Agreement or Collateral Document, as
applicable, and (B) deliver to the Administrative Agent (or its counsel) (including by telecopy or email transmission) a counterpart
of the Security Agreement and other applicable Collateral Document signed on behalf of each Loan Party, and the Security Agreement
and other applicable Collateral Documents shall be in full force and effect;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(ii) deliver to the Administrative
Agent the results of a recent Lien search with respect to each Loan Party, and such search shall reveal no Liens on any of the
assets of the Loan Parties except for Liens permitted by Section 6.02 or discharged on or prior to the date of the applicability
of the IG Reinstatement Condition;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(iii) file in the proper form each
Uniform Commercial Code financing statement or other filing required by the Collateral Documents and confirm that all other perfection
steps required by the Collateral Documents shall have been taken; and/or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">(iv) deliver to the Administrative
Agent a copy of, or a certificate as to coverage under, the insurance policies required by Section 5.05 and the applicable provisions
of the Collateral Documents, any casualty policies of which shall be endorsed or otherwise amended to include a &ldquo;standard&rdquo;
or &ldquo;New York&rdquo; additional lender&rsquo;s additional loss payable endorsement and any general liability policy of which
shall name the Administrative Agent, on behalf of the Secured Parties, as additional insured, in form and substance reasonably
satisfactory to the Administrative Agent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 36pt; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.17&#9;No Fiduciary Duty</U>.
The Administrative Agent, the Lead Arranger, each Lender and their Affiliates (collectively, solely for purposes of this paragraph,
the &ldquo;<U>Lenders</U>&rdquo;) may have economic interests that conflict with those of the Credit Parties, their stockholders
and/or their affiliates. Each Credit Party agrees that nothing in the Credit Documents will be deemed to create an advisory, fiduciary
or agency relationship or fiduciary or other implied duty between any Lender, on the one hand, and such Credit Party, its stockholders
or its Affiliates, on the other. The Credit Parties acknowledge and agree that (i) the transactions contemplated by the Credit
Documents (including the exercise of rights and remedies hereunder and thereunder) are arm&rsquo;s-length commercial transactions
between the Lenders, on the one hand, and the Credit Parties, on the other, and (ii) in connection therewith and with the process
leading thereto, (x) no Lender has assumed an advisory or fiduciary responsibility in favor of any Credit Party, its stockholders
or its Affiliates with respect to the transactions contemplated under the Credit Documents (or the exercise of rights or remedies
with respect thereto) or the process leading thereto (irrespective of whether any Lender has advised, is currently advising or
will advise any Credit Party, its stockholders or its Affiliates on other matters) or any other obligation to any Credit Party
in each case except the</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">obligations expressly set forth in the Credit Documents and
(y) each Lender is acting solely as principal and not as the agent or fiduciary of any Credit Party, its management, stockholders
or creditors under the Credit Documents. Each Credit Party acknowledges and agrees that it has consulted its own legal and financial
advisors to the extent it deemed appropriate and that it is responsible for making its own independent judgment with respect to
such transactions and the process leading thereto. Each Credit Party agrees that it will not claim that any Lender has rendered
advisory services of any nature or respect, or owes a fiduciary or similar duty to such Credit Party under the Credit Documents
in connection with such transaction or the process leading thereto.</P>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.18&#9;Interest Rate Limitation</U>.
Notwithstanding anything to the contrary contained in any Credit Document, the interest paid or agreed to be paid under the Credit
Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable law (the &ldquo;<U>Maximum Rate</U>&rdquo;).
If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest
shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining
whether the interest contracted for, charged or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such
Person may, to the extent permitted by applicable law, (a) characterize any payment that is not principal as an expense, fee or
premium rather than interest, (b) exclude voluntary prepayments and the effects thereof and (c) amortize, prorate, allocate and
spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.19&#9;Acknowledgement and Consent
to Bail-In of Affected Financial Institutions</U>. Notwithstanding anything to the contrary in any Loan Document or in any other
agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected
Financial Institution arising under any Loan Document may be subject to the Write-Down and Conversion Powers of the applicable
Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(a)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the application of any Write-Down and Conversion Powers by the applicable Resolution Authority
to any such liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution;
and</FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(b)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the effects of any Bail-In Action on any such liability, including, if applicable:</FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(i)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a reduction in full or in part or cancellation of any such liability;</FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">a conversion of all, or a portion of, such liability into shares or other instruments of ownership
in such Affected Financial Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred
on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any
such liability under this Agreement or any other Loan Document; or</FONT></TD></TR></TABLE>

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

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-size: 10pt">the variation of the terms of such liability in connection with the exercise of the Write-Down
and Conversion Powers of the applicable Resolution Authority.</FONT></TD></TR></TABLE>

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt"><U>SECTION 9.20&#9;Acknowledgement Regarding
Any Supported QFCs</U>. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for Swap Agreements
or any other agreement or instrument that is a QFC (such support &ldquo;<U>QFC Credit Support</U>&rdquo; and each such QFC a &ldquo;<U>Supported
QFC</U>&rdquo;), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance
Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act
(together with the regulations promulgated thereunder, the &ldquo;<U>U.S. Special Resolution Regimes</U>&rdquo;) in respect of
such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan Documents and any
Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other
state of the United States):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the event a Covered Entity that is party to a Supported QFC
(each, a &ldquo;<U>Covered Party</U>&rdquo;) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer
of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC
and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered
Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Supported QFC and such QFC Credit Support (and any such interest,
obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event
a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime,
Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be
exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised
under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States
or a state of the United States. Without limitation of the foregoing, it is understood and agreed that rights and remedies of the
parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported
QFC or any QFC Credit Support.</P>

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