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

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Section 2.21. Mitigation Obligations; Replacement of Lenders 90 Section 2.22. Change in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.24. Defaulting Lenders 93 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.1. Organization; Powers 95 Section 3.2. Authorization; Enforceability 96 Section 3.3. Governmental Approvals; No Conflicts 96 Section 3.4. Financial Condition; No Material Adverse Change 96 Section 3.5. Properties 97 Section 3.6. Litigation and Environmental Matters 97 Section 3.7. Compliance with Laws and Agreements 97 Section 3.8. Investment Company Status 97 Section 3.9. Taxes 97 Section 3.10. ERISA 97 Section 3.11. Disclosure 98 Section 3.12. Subsidiaries 98 Section 3.13. Labor Matters 98 Section 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.1. Effective Date 99 Section 4.2. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Section 5.10. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Section 5.11. Additional Collateral 105 Section 5.12. Further Assurances 108 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3. Liens 112 Section 6.4. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 118

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 offs. 42 Section 2.212.18. Mitigation Obligations; Replacement of Lenders 90 Lenders. 44 Section 2.19. Increase in the Aggregate Commitments. 45 Section 2.20. Extension of Maturity Date. 47 Section 2.21. Cash Collateral. 49 Section 2.22. Change in Law 91 Defaulting Lenders. 50 Article III Representations and Warranties 52 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.24. Defaulting Lenders 93 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.13.01. Organization; Powers 95 Powers. 52 Section 3.23.02. Authorization; Enforceability 96 Enforceability. 53 Section 3.33.03. Governmental Approvals; No Conflicts 96 Conflicts. 53 Section 3.43.04. Financial Condition; No Material Adverse Change 96 Change. 53 Section 3.53.05. Properties 97 Properties. 54 Section 3.63.06. Litigation and Environmental Matters 97 Matters. 54 Section 3.73.07. Compliance with Laws and Agreements 97 Agreements; Sanctions; Anti-Corruption. 54 Section 3.83.08. Investment Company Status 97 Status. 55 Section 3.93.09. Taxes 97 Taxes. 55 Section 3.10. ERISA 97 ERISA. 55 Section 3.11. Disclosure 98 Disclosure. 55 Section 3.12. Subsidiaries 98 Federal Regulations. 56 Section 3.13. Labor Matters 98 Purpose of Loans. 56 Section 3.14. Solvency 98 Significant Subsidiaries. 56 Article IV Conditions 56 Section 3.154.01. Senior Indebtedness 99 Closing Conditions. 56 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.1. Effective Date 99 Section 4.24.02. Each Credit Event 101 ARTICLE Event. 58 Article V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Section 5.10. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Section 5.11. Additional Collateral 105 Section 5.12. Further Assurances 108 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Affirmative Covenants 109 Section 6.2. Indebtedness 109 Section 6.3. Liens 112 Section 6.4. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 11858

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Section 2.2176 SECTION 2.20. Mitigation Obligations; Replacement of Lenders 90 Section 77 SECTION 2.21. Illegality 78 SECTION 2.22. Change in Law 91 Section Incremental Commitments 78 SECTION 2.23. Foreign Subsidiary Borrowers 91 Section Refinancing Term Loans 80 SECTION 2.24. Defaulting Lenders 93 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.1[Reserved] 81 SECTION 2.25. Replacement Revolving Facility Commitments 81 SECTION 3.01. Organization; Powers 95 Section 3.283 SECTION 3.02. Authorization; Authorization 83 SECTION 3.03. Enforceability 96 Section 3.383 SECTION 3.04. Governmental Approvals; No Conflicts 96 Section 3.4Approvals 83 SECTION 3.05. Financial Condition; Statements 84 SECTION 3.06. No Material Adverse Change 96 Section 3.5Effect 84 SECTION 3.07. Title to Properties; Possession Under Leases 84 SECTION 3.08. Subsidiaries 84 SECTION 3.09. Litigation; Compliance with Laws 85 SECTION 3.10. Federal Reserve Regulations 85 SECTION 3.11. Investment Company Act 85 SECTION 3.12. Use of Proceeds 85 SECTION 3.13. Taxes 85 SECTION 3.14. No Material Misstatements 86 SECTION 3.15. Employee Benefit Plans 86 SECTION 3.16. Environmental Matters 87 SECTION 3.17. Security Documents 87 SECTION 3.18. Location of Real Property and Leased Premises 88 SECTION 3.19. Solvency 88 SECTION 3.20. Labor Matters 88 SECTION 3.21. No Default 89 SECTION 3.22. Intellectual Property; Licenses, Etc. 89 SECTION 3.23. Senior Debt 89 SECTION 3.24. Insurance 89 SECTION 3.25. Anti-Money Laundering 89 SECTION 3.26. Anti-Corruption and Sanctions 89 SECTION 3.27. EEA Financial Institutions 89 SECTION 4.01. All Credit Events 90 SECTION 4.02. First Credit Event 90 SECTION 5.01. Existence; Businesses and Properties 97 Section 3.693 SECTION 5.02. Insurance 93 SECTION 5.03. Taxes 94 SECTION 5.04. Financial Statements, Reports, etc. 94 SECTION 5.05. Litigation and Environmental Matters 97 Section 3.7Other Notices 96 SECTION 5.06. Compliance with Laws and Agreements 97 Section 3.896 SECTION 5.07. Investment Company Status 97 Section 3.9. Taxes 97 Section 3.10. ERISA 97 Section 3.11. Disclosure 98 Section 3.12. Subsidiaries 98 Section 3.13. Labor Matters 98 Section 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.1. Effective Date 99 Section 4.2. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Maintaining Records; Inspection Access to Properties and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Section 5.10Inspections 97 SECTION 5.08. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Section 97 SECTION 5.09. Compliance with Environmental Laws 97 SECTION 5.10. Further Assurances; Additional Security 97 SECTION 5.11. Additional Collateral 105 Section 5.12. Further Assurances 108 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2Rating 100 SECTION 6.01. Indebtedness 109 Section 6.3100 SECTION 6.02. Liens 112 Section 6.4104 SECTION 6.03. Fundamental Changes 114 Section 6.5Sale and Lease-Back Transactions 108 SECTION 6.04. Investments, LoansLoans and Advances 108 SECTION 6.05. Mergers, AdvancesConsolidations, Sales of Assets and Acquisitions 112 SECTION 6.06. Restricted Payments 114 SECTION 6.07. Transactions with Affiliates 116 SECTION 6.08. Business of Holdings, the Borrower and the Subsidiaries 118 SECTION 6.09. Limitation on Payments and Modifications of Indebtedness; Modifications of Certificate of Incorporation, By-Laws and Certain Other Agreements; etc. 118 SECTION 6.10. Financial Performance Covenant 121 SECTION 6.11. [Reserved] 121 SECTION 6.12. No Other “Designated Senior Debt” 121 SECTION 6.13. Changes in Fiscal Year 121 SECTION 7.01. Events of Default 121 SECTION 7.02. Right to Cure 123 SECTION 8.01. Appointment 124 SECTION 8.02. Delegation of Duties 124 SECTION 8.03. Exculpatory Provisions 125 SECTION 8.04. Reliance by Agents 125 SECTION 8.05. Notice of Default 126 SECTION 8.06. Non-Reliance on Administrative Agent, Collateral Agent and Other Lenders 126 SECTION 8.07. Indemnification 126 SECTION 8.08. Agents in their Individual Capacity 127 SECTION 8.09. Successor Agents 127 SECTION 8.10. Payments Set Aside 128 SECTION 8.11. Administrative Agent May File Proofs of Claim 128 SECTION 8.12. Collateral and Guaranty Matters 129 SECTION 8.13. Additional Agents 129 SECTION 8.14. Intercreditor Agreements and Collateral Matters 129 SECTION 8.15. Withholding Taxes 129 SECTION 9.01. Notices; Communications 130 SECTION 9.02. Survival of Agreement 131 SECTION 9.03. Effectiveness 131 SECTION 9.04. Successors and Assigns 131 SECTION 9.05. Expenses; Indemnity 135 SECTION 9.06. Right of Set-off 136 SECTION 9.07. Applicable Law 137 SECTION 9.08. Waivers; Amendment 137 SECTION 9.09. Interest Rate Limitation 139 SECTION 9.10. Entire Agreement 140 SECTION 9.11. WAIVER OF JURY TRIAL 140 SECTION 9.12. Severability 140 SECTION 9.13. Counterparts 140 SECTION 9.14. Headings 140 SECTION 9.15. Jurisdiction; Consent to Service of Process 141 SECTION 9.16. Confidentiality 142 SECTION 9.17. Platform; Borrower Materials 142 SECTION 9.18. Release of Liens, Guarantees and Acquisitions 114 Section 6.6Pledges 143 SECTION 9.19. Disposition Judgment Currency 143 SECTION 9.20. USA PATRIOT Act Notice 143 SECTION 9.21. No Advisory or Fiduciary Responsibility 144 SECTION 9.22. Affiliated Lenders 144 SECTION 9.23. Acknowledgement and Consent to Bail-In of Assets 116 Section 6.7EEA Financial Institutions 145 SECTION 9.24. Sale Flood Matters 145 Exhibit A Agreed Security Principles Exhibit B Form of Assignment and Leaseback Acceptance Exhibit C Auction Procedures Exhibit D Form of Borrowing Request/Interest Rate Request Exhibit E Form of Swingline Borrowing Request Exhibit F-1 Form of Non-Debt Fund Affiliate Assignment and Acceptance Exhibit F-2 Form of Debt Fund Affiliate Assignment Notice Exhibit G Form of Guarantee Agreement Exhibit H Form of Collateral Agreement Schedule 1.01A Closing Date Security Documents Schedule 1.01B Subsidiary Loan Parties Schedule 2.01 Closing Date Commitments Schedule 2.01A Amendment No. 3 Effective Date Commitments Schedule 3.01 Organization and Good Standing Schedule 3.04 Governmental Approvals Schedule 3.07(b) Possession under Leases Schedule 3.07(c) Intellectual Property Schedule 3.08(a) Subsidiaries Schedule 3.08(b) Subscriptions Schedule 3.09(a) Litigation Schedule 3.09(b) Compliance with Laws Schedule 3.16 Environmental Matters Schedule 3.20 Labor Matters Schedule 3.22 Intellectual Property Schedule 3.24 Insurance Schedule 4.02(b) Local Counsel Schedule 5.10(h) Certain Collateral Matters Schedule 6.01 Indebtedness Schedule 6.02(a) Liens Schedule 6.04 Investments Schedule 6.07 Transactions 118 Section 6.8. Restricted Payments 118with Affiliates Schedule 9.01 Notice Information CREDIT AGREEMENT dated as of April 17, 2013, as amended through November 4, 2016 (this “Agreement”), among EVERTEC INTERMEDIATE HOLDINGS, LLC (formerly known as CARIB HOLDINGS, LLC), a Puerto Rico limited liability company (“Holdings”), EVERTEC GROUP, LLC (formerly known as EVERTEC, LLC), a Puerto Rico limited liability company (“Borrower”), the Lenders party hereto from time to time and JPMORGAN CHASE BANK, N.A., as administrative agent and collateral agent for the Lenders, Swingline Lender and an L/C Issuer.

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 115 Section 2.21. 2.20 Mitigation Obligations; Replacement of Lenders 90 118 Section 2.22. Change in Law 91 2.21 Incremental Revolving Facility Commitments 119 Section 2.23. Foreign Subsidiary Borrowers 91 2.22 Illegality 122 Section 2.24. 2.23 Defaulting Lenders 93 Lender 123 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Representations and Warranties 125 Section 3.1. 3.01 Organization; Powers 95 125 Section 3.2. Authorization; 3.02 Authorization 125 Section 3.03 Enforceability 96 126 Section 3.3. 3.04 Governmental Approvals; No Conflicts 96 Approvals 126 Section 3.4. 3.05 Financial Condition; Statements 126 Section 3.06 No Material Adverse Change 96 or Material Adverse Effect 127 Section 3.5. Properties 97 3.07 Title to Properties; Possession Under Leases 127 Section 3.6. Litigation and Environmental Matters 97 3.08 Subsidiaries 128 Section 3.7. 3.09 Litigation; Compliance with Laws and Agreements 97 128 Section 3.8. 3.10 Federal Reserve Regulations 129 Section 3.11 Investment Company Status 97 Act 129 Section 3.9. Taxes 97 Section 3.10. ERISA 97 Section 3.11. Disclosure 98 Section 3.12. Subsidiaries 98 Section 3.13. Labor Matters 98 Section 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.1. Effective Date 99 Section 4.2. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Section 5.10. 3.12 Use of Proceeds and Letters 129 Section 3.13 Tax Returns 129 Section 3.14 No Material Misstatements 130 Section 3.15 Employee Benefit Plans 130 Section 3.16 Environmental Matters 131 Section 3.17 Security Documents 132 Section 3.18 Location of Real Property 134 Section 3.19 Solvency 134 Section 3.20 Labor Matters 134 Section 3.21 No Default 135 Section 3.22 Intellectual Property; Licenses, Etc. 135 Section 3.23 Insurance 135 Section 3.24 Senior Debt 135 Section 3.25 Financial Assistance 135 Section 3.26 Anti-Terrorism Laws 135 Section 3.27 Foreign Corrupt Practices Act 136 Section 3.28 Centre of Main Interest 136 ARTICLE IV Conditions of Lending 136 Section 4.01 All Credit and Foreign Credit Instruments 105 Events 136 Section 5.11. Additional Collateral 105 Section 5.12. Further Assurances 108 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3. Liens 112 Section 6.4. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 1184.02 [Reserved] 137

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 39 Section 2.214.02. Presumption of Payment by the Borrower 40 Section 4.03. Certain Deductions by the Administrative Agent 41 Section 4.04. Disposition of Proceeds 41 Section 4.05. Defaulting Lenders 41 Section 5.01. Increased Costs 43 Section 5.02. Break Funding Payments 45 Section 5.03. Taxes 45 Section 5.04. Mitigation Obligations; Replacement of Lenders 90 47 Section 2.225.05. Change in Law 91 Illegality 48 Section 2.236.01. Foreign Subsidiary Borrowers 91 Effective Date 48 Section 2.246.02. Defaulting Lenders 93 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Each Credit Event 51 Section 3.17.01. Organization; Powers 95 52 Section 3.27.02. AuthorizationAuthority; Enforceability 96 52 Section 3.37.03. Governmental Approvals; No Conflicts 96 52 Section 3.47.04. Financial Condition; No Material Adverse Change 96 53 Section 3.5. Properties 97 Section 3.67.05. Litigation and 53 Section 7.06. Environmental Matters 97 54 Section 3.77.07. Compliance with the Laws and Agreements 97 Agreements; No Defaults 55 Section 3.87.08. Investment Company Status 97 Act 55 Section 3.97.09. Taxes 97 55 Section 3.107.10. ERISA 97 56 Section 3.117.11. Disclosure 98 Disclosure; No Material Misstatements 56 Section 3.127.12. Subsidiaries 98 Insurance 57 Section 3.137.13. Labor Matters 98 Restriction on Liens 57 Section 3.147.14. Subsidiaries; Foreign Operations 57 Section 7.15. Location of Business and Offices 57 Section 7.16. Properties; Titles, Etc. 58 Section 7.17. Maintenance of Properties 58 Section 7.18. Gas Imbalances, Prepayments 59 Section 7.19. Marketing of Production 59 Section 7.20. Swap Agreements 59 Section 7.21. Use of Loans and Letters of Credit 60 Section 7.22. Solvency 98 60 Section 3.157.23. Senior Indebtedness 99 Reorganization 60 Section 3.167.24. Security Documents 99 ARTICLE IV CONDITIONS 99 Foreign Corrupt Practices 60 Section 4.17.25. Effective Date 99 Money Laundering 60 Section 4.27.26. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 OFAC 61 Section 5.18.01. Financial Statements and Statements; Other Information 101 61 Section 5.28.02. Notices of Material Events 103 64 Section 5.38.03. Information Regarding Collateral 104 Existence; Conduct of Business 65 Section 5.4. Existence 104 Section 5.58.04. Payment of Obligations 104 65 Section 5.68.05. Performance of Obligations under Loan Documents 65 Section 8.06. Operation and Maintenance of Properties 104 65 Section 5.78.07. Insurance 105 66 Section 5.88.08. Books and Records; Inspection and Audit Rights 105 66 Section 5.98.09. Compliance with Laws and Contractual Obligations 105 66 Section 5.108.10. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Environmental Matters 66 Section 5.11. Additional Collateral 105 Section 5.128.11. Further Assurances 108 68 Section 5.138.12. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Reserve Reports 68 Section 6.18.13. Title Information 69 Section 8.14. Additional Collateral; Additional Guarantors 69 Section 8.15. ERISA Compliance 70 Section 8.16. Swap Agreements 71 Section 9.01. Financial Condition Covenants 109 71 Section 6.29.02. Indebtedness 109 Debt 72 Section 6.39.03. Liens 112 Section 6.4. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 11872

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Section 2.2148 SECTION 2.19. Mitigation Obligations; Replacement of Lenders 90 Section 2.22. Change in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.2450 SECTION 2.20. Defaulting Lenders 93 51 SECTION 2.21. Expansion Option 53 SECTION 2.22. Judgment Currency 54 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.1Representations and Warranties 55 SECTION 3.01. Organization; Powers 95 Section 3.255 SECTION 3.02. Authorization; Enforceability 96 Section 3.355 SECTION 3.03. Governmental Approvals; No Conflicts 96 Section 3.455 SECTION 3.04. Financial Condition; No Material Adverse Change 96 Section 3.555 SECTION 3.05. Properties 97 Section 3.656 SECTION 3.06. Litigation Litigation, Environmental and Environmental Matters 97 Section 3.7. Compliance with Laws and Agreements 97 Section 3.8. Investment Company Status 97 Section 3.9. Taxes 97 Section 3.10. ERISA 97 Section 3.11. Disclosure 98 Section 3.12. Subsidiaries 98 Section 3.13. Labor Matters 98 Section 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.1. Effective Date 99 Section 4.2. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.956 SECTION 3.07. Compliance with Laws and Contractual Obligations 105 Section 5.1057 SECTION 3.08. Investment Company Status 57 SECTION 3.09. Taxes 57 SECTION 3.10. ERISA 57 SECTION 3.11. Disclosure 57 SECTION 3.12. Federal Reserve Regulations 57 SECTION 3.13. Solvency 58 SECTION 3.14. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Section 5.1158 SECTION 3.15. Additional Collateral 105 Section 5.12. Further Assurances 108 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3Subsidiaries 58 SECTION 3.16. Liens 112 Section 6.458 SECTION 3.17. Fundamental Changes 114 Section 6.5No Burdensome Restrictions 58 SECTION 3.18. Investments, Loans, Advances, Guarantees No Default 58 SECTION 3.19. Anti-Corruption Laws and Acquisitions 114 Section 6.6Sanctions 58 SECTION 3.20. Disposition of Assets 116 Section 6.7No EEA Financial Institution 58 ARTICLE IV Conditions 58 SECTION 4.01. Sale and Leaseback Transactions 118 Section 6.8Effective Date 58 SECTION 4.02. Restricted Payments 118Each Credit Event 60 ARTICLE V Affirmative Covenants 60

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Section 2.212.18. Mitigation Obligations; Replacement of Lenders 90 Section 2.222.19. Change Increase in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.24. Defaulting Lenders 93 the Aggregate Commitments ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.13.01. Organization; Powers 95 Existence and Power Section 3.23.02. Corporate and Governmental Authorization; Enforceability 96 No Contravention Section 3.33.03. Governmental Approvals; No Conflicts 96 Binding Effect Section 3.43.04. Financial Condition; No Material Adverse Change 96 Information -i- Section 3.53.05. Litigation Section 3.06. Compliance with ERISA Section 3.07. Taxes Section 3.08. Environmental Compliance Section 3.09. Properties 97 Section 3.6. Litigation and Environmental Matters 97 Section 3.73.10. Compliance with Laws and Agreements 97 Section 3.8. Investment Company Status 97 Section 3.9. Taxes 97 Section 3.10. ERISA 97 Section 3.11. Disclosure 98 Investment and Holding Company Status Section 3.12. Subsidiaries 98 Full Disclosure Section 3.13. Labor Matters 98 Security Interest Section 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Employee Matters Section 3.16. Security Documents 99 Subsidiaries Section 3.17. No Change in Credit Criteria or Collection Policies Section 3.18. Processors Section 3.19. Senior Notes Indentures; Debentures Indenture ARTICLE IV CONDITIONS 99 Section 4.14.01. Effective Date 99 Section 4.24.02. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.35.01. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.65.02. Maintenance of Properties 104 Property; Insurance Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.95.03. Compliance with Laws Section 5.04. Inspection of Property, Books and Contractual Obligations 105 Records Section 5.105.05. Use of Proceeds Section 5.06. Environmental Matters Section 5.07. Taxes Section 5.08. Security Interests Section 5.09. Existence; Conduct of Business Section 5.10. Litigation and Letters of Credit and Foreign Credit Instruments 105 Other Notices Section 5.11. Additional Collateral 105 Grantors and Guarantors -ii- Section 5.12. Further Assurances 108 Maintain Operating Accounts Section 5.13. Post Closing Obligations 108 Processors ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.26.01. Indebtedness 109 Section 6.36.02. Liens 112 Section 6.46.03. Fundamental Changes 114 Section 6.56.04. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.66.05. Disposition Prepayment or Modification of Assets 116 Indebtedness; Modification of Operating Documents 66 Section 6.7. Sale and Leaseback Transactions 118 Section 6.86.06. Restricted Payments 118Section 6.07. Transactions with Affiliates Section 6.08. Restrictive Agreements Section 6.09. Fixed Charge Coverage ARTICLE VII EVENTS OF DEFAULT ARTICLE VIII THE ADMINISTRATIVE AGENT ARTICLE IX MISCELLANEOUS Section 9.01. Notices Section 9.02. Waivers; Amendments Section 9.03. Expenses; Indemnity; Damage Waiver Section 9.04. Successors and Assigns Section 9.05. Survival Section 9.06. Counterparts; Integration; Effectiveness Section 9.07. Severability Section 9.08. Right of Setoff Section 9.09. GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS 80 Section 9.10. WAIVER OF JURY TRIAL Section 9.11. Headings Section 9.12. Confidentiality Section 9.13. Interest Rate Limitation Section 9.14. USA Patriot Act -iii- Section 9.15. Acknowledgement -iv- SCHEDULES Schedule 1.01 -- Existing Letters of Credit Schedule 1.02 -- Fiscal Months of the Borrowers Schedule 2.01 -- Commitments Schedule 3.05 -- Disclosed Matters as to Litigation Schedule 3.08 -- Disclosed Matters as to Environmental Compliance Schedule 3.09 -- Other Leased and Owned Property Schedule 3.16 -- Subsidiaries Schedule 3.18 -- Processors Schedule 5.01(j) -- Borrowing Base Certificate Schedule 6.01 -- Existing Indebtedness Schedule 6.02 -- Existing Liens Schedule 6.03 – Fiscal Year End Schedule 6.04 -- Existing Investments Schedule 6.08 -- Existing Restrictions EXHIBITS Exhibit A -- Form of Assignment and Assumption Exhibit B -- Form of Opinion of Borrowers’ Counsel Exhibit C -- Form of Promissory Note Exhibit D -- Form of Borrowing Request SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of July 10, 2007, among XXXXXXXX-VAN HEUSEN CORPORATION, a Delaware corporation, THE IZOD CORPORATION, a Pennsylvania corporation, PVH WHOLESALE CORP., a Delaware corporation, PVH RETAIL CORP., a Delaware corporation, XXXX.XXX INC., a Delaware corporation, X.X. XXXX FRANCHISES INC., a Delaware corporation, CD GROUP INC., a Delaware corporation, PVH CK STORES, INC., a Delaware corporation, PVH OHIO, INC., a Delaware corporation, PVH MICHIGAN, INC., a Delaware corporation, PVH PENNSYLVANIA, INC., a Delaware corporation, PVH WHOLESALE NEW JERSEY, INC., a Delaware corporation, PVH RETAIL MANAGEMENT COMPANY, a Delaware corporation, and PVH SUPERBA/INSIGNIA NECKWEAR, INC., a Delaware corporation, as joint and several borrowers, the LENDERS party hereto, JPMORGAN CHASE BANK, N.A., as Administrative Agent and Collateral Agent, X.X. XXXXXX SECURITIES INC. as Joint Lead Arranger and Sole Bookrunner, BANK OF AMERICA, N.A. as Joint Lead Arranger and Co-Syndication Agent, SunTrust Bank as Co-Syndication Agent, Wachovia Bank, National Association as Co-Document Agent and The CIT Group/Commercial Services, Inc. as Co-Documentation Agent. The Borrowers are party to the Existing Credit Agreement (such term and all other capitalized terms used in this paragraph having the respective meanings ascribed to such terms hereinafter) and desire to amend and restate the Existing Credit Agreement to provide for Loans up to a maximum aggregate principal amount not in excess of $325,000,000 (subject to increases as provided in Section 2.19) at any time outstanding during the Availability Period. The proceeds of the Loans shall be used for the Borrowers’ and their Subsidiaries’ working capital, permitted acquisitions, Capital Expenditures and general corporate purposes. The Borrowers and Guarantors will provide Collateral in accordance with the provisions of this Agreement and the other Financing Documents. The Lenders are severally, and not jointly, willing to amend and restate the Existing Credit Agreement and to extend such Loans to the Borrowers subject to the terms and conditions hereinafter set forth. Accordingly, the Borrowers, the Lenders and the Administrative Agent hereby agree as follows:

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 72 Section 2.212.22. Letters of Credit 74 Section 2.23. Increase of Commitments; Additional Lenders 79 Section 2.24. Mitigation Obligations; of Obligations 84 Section 2.25. Replacement of Lenders 90 84 Section 2.22. Change in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.242.26. Defaulting Lenders 93 ARTICLE 84 Section 2.27. Request for Extended Facilities 88 Article III CONDITIONS PRECEDENT TO LOANS AND LETTERS OF CREDIT; ADDITIONS OF BORROWING BASE ASSETS 90 Section 3.1. Conditions to Effectiveness 91 Section 3.2. Conditions to Each Credit Event 94 Section 3.3. Delivery of Documents 94 Section 3.4. Removal of Borrowing Base Assets and Releases of Loan Parties 94 Article IV REPRESENTATIONS AND WARRANTIES 95 Section 3.14.1. Organization; Powers 95 Due Organization and Good Standing 96 Section 3.24.2. Power and Authority, Due Authorization; , Execution, Delivery and Enforceability 96 Section 3.34.3. Governmental and Third Party Consents and Approvals; No Conflicts 96 Section 3.44.4. Financial ConditionStatements; No Material Adverse Change 96 Section 3.5. Properties 97 Section 3.64.5. Litigation and Environmental Matters 97 Section 3.74.6. Compliance with Laws and Agreements 97 98 Section 3.84.7. Investment Company Status 97 Act 99 Section 3.94.8. Taxes 97 99 Section 3.104.9. Margin Regulations 99 Section 4.10. ERISA 97 100 Section 3.114.11. Ownership of Property 100 Section 4.12. Accuracy of Disclosure 98 102 Section 3.124.13. Labor Relations 102 Section 4.14. Subsidiaries 98 102 Section 3.13. Labor Matters 98 Section 3.144.15. Solvency 98 103 Section 3.154.16. Senior Indebtedness 99 Insurance 103 Section 3.164.17. Security Documents 99 ARTICLE IV CONDITIONS 99 Reserved 103 Section 4.14.18. Effective Date 99 Real Property Assets; Leases 103 Section 4.24.19. Each Credit Event 101 ARTICLE Assignment of Claims Act 104 Section 4.20. Healthcare Matters 104 Section 4.21. OFAC 108 Section 4.22. Patriot Act 108 Section 4.23. No Default 108 Section 4.24. Intellectual Property 108 Section 4.25. REIT Status 108 Section 4.26. EEA Financial Institution 108 Article V AFFIRMATIVE COVENANTS 101 108 Section 5.1. Financial Statements and Other Information 101 109 Section 5.2. Notices of Material Events 103 111 Section 5.3. Information Regarding Collateral 104 Existence; Conduct of Business 114 Section 5.4. Existence 104 Compliance with Laws 114 Section 5.5. Payment of Taxes and Other Obligations 104 114 Section 5.6. Books and Records 115 Section 5.7. Visitation and Inspection 115 Section 5.8. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 115 Section 5.9. Compliance with Laws and Contractual Obligations 105 Insurance 116 Section 5.10. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Proceeds; Margin Regulations 116 Section 5.11. Additional Collateral 105 Casualty and Condemnation 116 Section 5.12. Further Assurances 108 Additional Subsidiaries 116 Section 5.13. Post REIT Status 118 Section 5.14. Further Assurances 118 Section 5.15. Healthcare Matters 118 Section 5.16. Environmental Matters 119 Section 5.17. Borrowing Base Additions 120 Section 5.18. Borrowing Base Assets 121 Section 5.19. Borrowing Base Leases 121 Section 5.20. Borrowing Base Certificates 122 Section 5.21. Eligible Ground Leases 122 Section 5.22. Borrowing Base Covenants 123 Section 5.23. Post-Closing Obligations 108 ARTICLE Matters 124 Article VI NEGATIVE FINANCIAL COVENANTS 109 124 Section 6.1. Financial Condition Covenants 109 Consolidated Leverage Ratio 125 Section 6.2. Indebtedness 109 Consolidated Fixed Charge Coverage Ratio 125 Section 6.3. Liens 112 Consolidated Tangible Net Worth 125 Section 6.4. Fundamental Changes 114 Distribution Limitation 125 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Secured Debt 125 Section 6.6. Disposition Recourse Debt 125 Article VII NEGATIVE COVENANTS 126 Section 7.1. Indebtedness and Preferred Equity 126 Section 7.2. Liens 128 Section 7.3. Fundamental Changes 130 Section 7.4. Investments, Loans 130 Section 7.5. Restricted Payments 132 Section 7.6. Sale of Assets 116 133 Section 6.77.7. Transactions with Affiliates 134 Section 7.8. Restrictive Agreements 136 Section 7.9. Sale and Leaseback Transactions 118 136 Section 6.87.10. Restricted Payments 118Hedging Transactions 137 Section 7.11. Amendment to Organizational Documents 137 Section 7.12. RESERVED 137 Section 7.13. Business 137 Section 7.14. Accounting Changes 137 Section 7.15. Government Regulation 137 Section 7.16. Limited Activities of GP LLC 138 Article VIII EVENTS OF DEFAULT 138 Section 8.1. Events of Default 138 Section 8.2. Application of Proceeds 141 Article IX THE ADMINISTRATIVE AGENT 142 Section 9.1. Appointment of the Administrative Agent 143 Section 9.2. Nature of Duties of the Administrative Agent 144 Section 9.3. Lack of Reliance on the Administrative Agent 145 Section 9.4. Certain Rights of the Administrative Agent 145 Section 9.5. Reliance by the Administrative Agent 145 Section 9.6. The Administrative Agent in its Individual Capacity 145 Section 9.7. Successor Administrative Agent 145 Section 9.8. Withholding Tax 146 Section 9.9. The Administrative Agent May File Proofs of Claim 147 Section 9.10. Authorization to Execute Other Loan Documents 148 Section 9.11. Collateral and Guaranty Matters 148 Section 9.12. Co-Documentation Agents; Co-Syndication Agent 149 Section 9.13. Reserved 149 Section 9.14. Bank Product Obligations and Hedging Obligations 149 Article X MISCELLANEOUS 149 Section 10.1. Notices 149 Section 10.2. Waiver; Amendments 153 Section 10.3. Expenses; Indemnification 156 Section 10.4. Successors and Assigns 158 Section 10.5. Governing Law; Jurisdiction; Consent to Service of Process. 163

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Offs 81 Section 2.21. Mitigation Obligations; Replacement of Lenders 90 Section 2.22. Change in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.242.11. Defaulting Lenders 82 Section 2.12. Swingline Loans 83 Section 2.13. Letters of Credit 85 Section 2.14. Settlement Amongst Lenders 93 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.12.15. Organization; Powers 95 Revolving Commitment Increase 94 Section 3.22.16. Authorization; Enforceability Lead Borrowers 96 Section 3.32.17. Governmental Approvals; No Conflicts Overadvances 96 Section 3.42.18. Financial ConditionProtective Advances 97 Section 2.19. Extended Loans 97 Section 2.20. Canadian Interest Considerations 100 ARTICLE 3 YIELD PROTENCTION, ILLEGALITY AND REPLACEMENT OF LENDERS i ARTICLE 4 TAXES ARTICLE 5 CONDITIONS PRECEDENT TO ALL CREDIT EVENTS ON THE CLOSING DATE Section 5.01. Closing Date; No Credit Documents; Notes 108 Section 5.02. Officer’s Certificate 108 Section 5.03. Opinions of Counsel 109 Section 5.04. Corporate Documents; Proceedings, etc 109 Section 5.05. Termination of Existing Credit Agreement 109 Section 5.06. Consummation of the Acquisition 110 Section 5.07. Company Material Adverse Change 96 Effect 110 Section 3.55.08. Properties 97 Pledge Agreements 110 Section 3.6. Litigation and Environmental Matters 97 Section 3.7. Compliance with Laws and Agreements 97 Section 3.8. Investment Company Status 97 Section 3.9. Taxes 97 Section 3.10. ERISA 97 Section 3.11. Disclosure 98 Section 3.12. Subsidiaries 98 Section 3.13. Labor Matters 98 Section 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Section 3.165.09. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.1. Effective Date 99 Section 4.2. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Agreements 110 Section 5.10. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Guaranty 111 Section 5.11. Additional Collateral 105 Financial Statements; Pro Forma Balance Sheets; Projections 111 Section 5.12. Further Assurances 108 Solvency Certificate 112 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3. Liens Fees, etc 112 Section 6.45.14. Fundamental Changes 114 Closing Date Representation and Warranties 112 Section 6.55.15. Investments, Loans, Advances, Guarantees Patriot Act and Acquisitions 114 Canadian AML Acts 112 Section 6.65.16. Disposition of Assets 116 Borrowing Notice 112 Section 6.75.17. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 118Inventory Appraisal/Borrowing Base Certificate 112

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 43 Section 2.212.19. Mitigation Obligations; Replacement of Lenders 90 44 Section 2.20. Increase Option 45 Section 2.21. [Reserved] 46 Section 2.22. Change in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.24. Defaulting Lenders 93 ARTICLE 46 Article III REPRESENTATIONS AND WARRANTIES 95 Representations and Warranties 46 Section 3.13.01. Organization; Powers 95 Powers; Subsidiaries 47 Section 3.23.02. Authorization; Enforceability 96 47 Section 3.33.03. Governmental Approvals; No Conflicts 96 47 Section 3.43.04. Financial Condition; No Material Adverse Change 96 47 Section 3.53.05. Properties 97 48 Section 3.63.06. Litigation Litigation, Environmental and Environmental Labor Matters 97 48 Section 3.73.07. Compliance with Laws and Agreements 97 49 Section 3.83.08. Investment Company Status 97 49 Section 3.93.09. Taxes 97 49 Section 3.10. ERISA 97 49 Section 3.11. Disclosure 98 49 Section 3.12. Subsidiaries 98 Federal Reserve Regulations 50 Section 3.13. Labor Matters 98 Liens 50 Section 3.14. Solvency 98 No Default 50 Section 3.15. Senior Indebtedness 99 Anti-Corruption Laws and Sanctions 50 Article IV Conditions 50 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 Section 4.14.01. Effective Date 99 50 Section 4.24.02. Each Credit Event 101 ARTICLE 51 Article V AFFIRMATIVE COVENANTS 101 Affirmative Covenants 52 Section 5.15.01. Financial Statements and Other Information 101 52 Section 5.25.02. Notices of Material Events 103 53 Section 5.35.03. Information Regarding Collateral 104 Existence; Conduct of Business 53 Section 5.4. Existence 104 Section 5.55.04. Payment of Obligations 104 54 Section 5.65.05. Maintenance of Properties 104 Properties; Insurance 54 Section 5.7. Insurance 105 Section 5.85.06. Books and Records; Inspection and Audit Rights 105 54 Section 5.95.07. Compliance with Laws and Material Contractual Obligations 105 54 Section 5.105.08. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 55 Section 5.115.09. Additional Collateral 105 Subsidiary Guaranty 55 Article VI Negative Covenants 55 Section 5.126.01. Further Assurances 108 Subsidiary Indebtedness 55 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.36.02. Liens 112 57 Section 6.46.03. [Reserved] 59 Section 6.04. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 11859

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Offs 36 Section 2.212.19. Mitigation ObligationsLender’s Obligation to Mitigate; Replacement of Lenders 90 37 Section 2.222.20. Change Optional Increase in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.24. Defaulting Lenders 93 ARTICLE III Commitments 38 REPRESENTATIONS AND WARRANTIES 95 Section 3.13.01. Organization; Powers 95 39 Section 3.23.02. Authorization; Enforceability 96 39 Section 3.33.03. Governmental Approvals; No Conflicts 96 39 Section 3.43.04. Financial ConditionStatements; No Material Adverse Change 96 39 Section 3.53.05. Properties 97 Security Documents 40 Section 3.63.06. Borrower’s Subsidiaries 40 Section 3.07. Litigation and Environmental Matters 97 40 Section 3.73.08. Compliance with Laws and Agreements 97 Agreements; Foreign Asset Control Regulations 40 Section 3.83.09. Investment and Holding Company Status 97 Section 3.9. Taxes 97 41 Section 3.10. ERISA 97 41 Section 3.11. Disclosure 98 Regulation U 41 Section 3.12. Subsidiaries 98 Disclosure 41 Section 3.13. Labor Matters 98 Senior Debt 41 Section 3.14. Solvency 98 Processing of Receivables 41 Section 3.15. Existing Senior Indebtedness 99 Unsecured Debt Documents 41 Section 3.16. Security Documents 99 ARTICLE IV Reserved. 41 Section 3.17. Solvency 41 CONDITIONS 99 Section 4.14.01. Effective Date 99 42 Section 4.24.02. Conditions to Initial Utilization and Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Section 5.10. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Section 5.11. Additional Collateral 105 Section 5.12. Further Assurances 108 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3. Liens 112 Section 6.4. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 118Subsequent Utilization 43

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 51 Section 2.21. 2.16 Mitigation Obligations; Replacement of Lenders 90 53 Section 2.22. Change in Law 91 2.17 Incremental Term Loan Commitments 54 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.24. 2.18 Defaulting Lenders 93 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 56 Section 3.12.19 Extensions of Loans 57 Section 2.20 Refinancing Amendments 59 Section 2.21 Illegality. Organization; Powers 95 60 Section 3.2. 3.01 Organization 61 Section 3.02 Authorization; Enforceability 96 61 Section 3.3. 3.03 Governmental Approvals; No Conflicts 96 61 Section 3.4. 3.04 Financial ConditionStatements; No Material Adverse Change 96 62 Section 3.5. 3.05 Properties 97 62 Section 3.6. 3.06 Litigation and Environmental Matters 97 62 Section 3.7. 3.07 Compliance with Laws and Agreements 97 62 Section 3.8. 3.08 Intellectual Property 63 Section 3.09 Investment Company Status 97 63 Section 3.9. 3.10 Taxes 97 63 Section 3.10. 3.11 ERISA 97 63 Section 3.11. Disclosure 98 Section 3.12. Subsidiaries 98 Section 3.13. 3.12 Labor Matters 98 63 Section 3.14. 3.13 Insurance 64 Section 3.14 Solvency 98 64 Section 3.15. Senior Indebtedness 99 3.15 Subsidiaries 64 Section 3.16. Security Documents 99 ARTICLE IV CONDITIONS 99 3.16 Disclosure 64 Section 4.1. Effective Date 99 3.17 Federal Reserve Regulations 65 Section 4.2. Each Credit Event 101 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.1. Financial Statements and Other Information 101 Section 5.2. Notices of Material Events 103 Section 5.3. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5. Payment of Obligations 104 Section 5.6. Maintenance of Properties 104 Section 5.7. Insurance 105 Section 5.8. Books and Records; Inspection and Audit Rights 105 Section 5.9. Compliance with Laws and Contractual Obligations 105 Section 5.10. 3.18 Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 65 Section 5.11. Additional Collateral 105 3.19 Anti-Corruption Laws; Anti-Money Laundering Laws; Sanctions 65 Section 5.12. Further Assurances 108 3.20 Security Documents 65 Section 5.13. Post Closing Obligations 108 ARTICLE VI NEGATIVE COVENANTS 109 3.21 Non-Loan Party Subsidiaries 66 Section 6.1. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3. Liens 112 Section 6.4. Fundamental Changes 114 Section 6.5. Investments, Loans, Advances, Guarantees and Acquisitions 114 Section 6.6. Disposition of Assets 116 Section 6.7. Sale and Leaseback Transactions 118 Section 6.8. Restricted Payments 1184.01 Effective Date 66

Payments Generally; Pro Rata Treatment; Sharing of Set. offs 88 Section 2.2142 SECTION 2.19. Mitigation Obligations; Replacement of Lenders 90 Section 2.22. Change in Law 91 Section 2.23. Foreign Subsidiary Borrowers 91 Section 2.2444 SECTION 2.20. Defaulting Lenders 93 Lenders. 45 ARTICLE III REPRESENTATIONS AND WARRANTIES 95 Section 3.146 SECTION 3.01. Organization; Powers 95 Section 3.246 SECTION 3.02. Authorization; Enforceability 96 Section 3.346 SECTION 3.03. Governmental Approvals; No Conflicts 96 Section 3.446 SECTION 3.04. Financial Condition; No Material Adverse Change 96 Section 3.546 SECTION 3.05. Properties 97 Section 3.647 SECTION 3.06. Litigation and Environmental Matters 97 Section 3.747 SECTION 3.07. Compliance with Laws and Agreements 97 Section 3.847 SECTION 3.08. Investment Company Status 97 Section 3.948 SECTION 3.09. Taxes 97 Section 48 SECTION 3.10. ERISA 97 Section 48 SECTION 3.11. Disclosure 98 Section 48 SECTION 3.12. Subsidiaries 98 Section Anti-Corruption Laws, Anti-Money Laundering Laws and Sanctions 48 SECTION 3.13. Labor Matters 98 Section Affected Financial Institutions 48 SECTION 3.14. Solvency 98 Section 3.15. Senior Indebtedness 99 Section 3.16. Security Documents 99 Margin Regulations 49 ARTICLE IV CONDITIONS 99 Section 4.149 SECTION 4.01. Effective Closing Date 99 Section 4.249 SECTION 4.02. Each Credit Event 101 Borrowing 51 ARTICLE V AFFIRMATIVE COVENANTS 101 Section 5.151 SECTION 5.01. Financial Statements and Other Information 101 Section 5.251 SECTION 5.02. Notices of Material Events 103 Section 5.352 SECTION 5.03. Information Regarding Collateral 104 Section 5.4. Existence 104 Section 5.5Existence; Conduct of Business 52 IF " DOCVARIABLE "SWDocIDLocation" 2" = "1" " DOCPROPERTY "SWDocID" ACTIVE 230252376v.1" "" SECTION 5.04. Payment of Obligations 104 Section 5.653 SECTION 5.05. Maintenance of Properties 104 Section 5.7. Properties; Insurance 105 Section 5.853 SECTION 5.06. Books and Records; Inspection and Audit Rights 105 Section 5.953 SECTION 5.07. Compliance with Laws and Contractual Obligations 105 Section 5.1053 SECTION 5.08. Use of Proceeds and Letters of Credit and Foreign Credit Instruments 105 Section 5.1153 SECTION 5.09. Additional Collateral 105 Section 5.12Litigation Report 53 SECTION 5.10. Further Assurances 108 Section 5.13. Post Closing Covenant to Guarantee Obligations 108 54 ARTICLE VI NEGATIVE COVENANTS 109 Section 6.154 SECTION 6.01. Financial Condition Covenants 109 Section 6.2. Indebtedness 109 Section 6.3Restrictions on Borrowing by Subsidiaries 54 SECTION 6.02. Liens 112 Section 6.455 SECTION 6.03. Restrictions on Sale and Lease Back Transactions 56 SECTION 6.04. Fundamental Changes 114 Section 6.556 SECTION 6.05. Investments, Loans, Advances, Guarantees and Transactions with Affiliates 56 SECTION 6.06. Acquisitions 114 Section 6.656 SECTION 6.07. Disposition Interest Coverage Ratio 57 SECTION 6.08. Net Leverage Ratio 57 ARTICLE VII EVENTS OF DEFAULT 57 SECTION 7.01. Events of Assets 116 Section 6.7Default 57 SECTION 7.02. Sale and Leaseback Transactions 118 Section 6.8Remedies Upon an Event of Default 59 SECTION 7.03. Restricted Application of Payments 11860 ARTICLE VIII THE ADMINISTRATIVE AGENT 60 SECTION 8.01. The Administrative Agent 60 SECTION 8.02. Certain ERISA Matters 64 SECTION 8.03. Certain Payments 65 ARTICLE IX MISCELLANEOUS 66 SECTION 9.01. Notices 66