SECOND AMENDMENT TO TERM LOAN AGREEMENT

Exhibit 10.5

THIS SECOND AMENDMENT TO TERM LOAN AGREEMENT (this “Amendment”), dated as of June 21, 2023, is entered into by and among SUMITOMO MITSUI BANKING CORPORATION (“SMBC”), in its capacity as administrative agent (in such capacity, together with its successors in such capacity, the “Administrative Agent”), the Lenders (as defined below) party hereto, and XXXXX LIMITED FINANCE CORP., a Delaware corporation (the “Borrower”).

RECITALS

A. The Borrower, the lenders party thereto from time to time (collectively, the “Lenders”), and SMBC in its capacity as the Administrative Agent have previously entered into that certain Term Loan Agreement, dated as of July 1, 2019 (as amended, restated, supplemented, or otherwise modified from time to time and as in effect immediately prior to the effectiveness of this Amendment, the “Existing Term Loan Agreement”; the Existing Term Loan Agreement as amended by this Amendment, the “Term Loan Agreement”), pursuant to which the Lenders have made certain loans and financial accommodations available to the Borrower. Capitalized terms used herein without definition shall have the meanings ascribed to them in the Term Loan Agreement.

B. The parties hereto have agreed to amend the Existing Term Loan Agreement pursuant to the terms and conditions set forth herein.

C. The Borrower is entering into this Amendment with the understanding and agreement that, except as specifically provided herein, none of the Administrative Agent’s nor any Lender’s rights or remedies as set forth in the Existing Term Loan Agreement or any other Loan Document are being waived or modified by the terms of this Amendment.

AGREEMENT

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

1. Amendments to Existing Term Loan Agreement.

(a) The Existing Term Loan Agreement (excluding the schedules (other than new Schedule 1.2 attached hereto as Annex B), exhibits (other than the new Exhibit B-5 attached hereto as Annex C and the new Exhibit D-3 attached hereto as Annex D, annexes and signature pages thereto) is hereby amended in its entirety by Annex A attached hereto.

(b) The Existing Term Loan Agreement is hereby further amended by adding a new Schedule 1.2 thereto as set forth on Annex B attached hereto.

(c) The Existing Term Loan Agreement is hereby further amended by adding a new Exhibit B-5 as set forth on Annex C attached hereto.

(d) The Existing Term Loan Agreement is hereby further amended by adding a new Exhibit D-3 as set forth on Annex D attached hereto.

2. Existing LIBOR Loans. Notwithstanding anything to the contrary contained herein or in any other Loan Document, (i) all Loans outstanding as of the date hereof that are Eurocurrency Loans (as such term is defined in the Existing Term Loan Agreement, the “Existing LIBOR Loans”) shall continue to accrue interest based on the LIBO Rate (plus the Applicable Margin applicable to such LIBO Rate Loans as of the date hereof immediately prior to giving effect to this Amendment) and their applicable existing Interest Periods (as each such term is defined in the Existing Term Loan Agreement for purposes of this Section 2) until July 9, 2023 (provided that in no event shall an Existing LIBOR Loan be permitted to be continued as a Eurocurrency Loan after the termination or expiration of its applicable Interest

Period), and thereafter, all Existing LIBOR Loans shall be Daily Simple SOFR Loans as determined in accordance with the Term Loan Agreement and (ii) subject to any express limitations set forth in the immediately preceding clause (i), the terms of the Existing Term Loan Agreement in respect of the administration of Eurocurrency Loans (solely with respect to the Existing LIBOR Loans) shall remain in effect from and after the date hereof until July 9, 2023, in each case, solely for purposes of administering the Existing LIBOR Loans (including, without limitation, with respect to the payment of interest accrued thereon, the determination of breakage fees and any other subject matter set forth in Article II of the Term Loan Agreement).

3. Conditions Precedent to Effectiveness of this Amendment. The effectiveness of this Amendment is conditioned upon the satisfaction of the following conditions precedent (the date on which such conditions shall have first been satisfied being referred to herein as the “Second Amendment Effective Date”):

(a) The Administrative Agent shall have received this Amendment, duly executed by the Required Lenders, the Administrative Agent and the Borrower.

(b) The Administrative Agent shall have received (i) the Second Amended and Restated Guaranty, dated as of the date hereof, duly executed by Xxxxx Limited, as the existing Guarantor, and Xxxxx Global SA, as the successor Guarantor, and acknowledged and agreed to by the Borrower, and (ii) the Consent to the Second Amended and Restated Guaranty, dated as of the date hereof, duly executed by the Lenders and the Administrative Agent.

(c) The Borrower shall have paid or reimbursed the Administrative Agent for all its reasonable out-of-pocket costs and expenses incurred in connection with the development, preparation and execution of this Amendment (including the reasonable fees and disbursements of counsel to the Administrative Agent).

(d) No Default or Event of Default shall have occurred and be continuing.

(e) The representations and warranties set forth in Section 4 hereof shall be true and correct.

(f) The Administrative Agent shall have received (i) a certificate of the secretary or assistant secretary of Bunge Global SA, dated the Second Amendment Effective Date, substantially in the form of Exhibit B-5 attached to the Term Loan Agreement, with appropriate insertions and attachments satisfactory in form and substance to the Administrative Agent, including (A) the articles of association of Bunge Global SA and the organizational regulations of Bunge Global SA, (B) Board of Directors resolutions in respect of the Loan Documents to which Bunge Global SA is a party, and (C) incumbency certificates with respect to Bunge Global SA, (ii) a good standing certificate (or similar certificate) for Bunge Global SA from its jurisdiction of organization, satisfactory in form and substance to the Administrative Agent, (iii) a certificate of the secretary or assistant secretary of Xxxxx Limited, dated the Second Amendment Effective Date, substantially in the form of Exhibit B-4 attached to the Term Loan Agreement, with appropriate insertions and attachments satisfactory in form and substance to the Administrative Agent, including (A) the certificate of incorporation and memorandum of association of Xxxxx Limited and the bye-laws of Xxxxx Limited, (B) Board of Directors resolutions in respect of the Loan Documents to which Xxxxx Limited is a party and (C) incumbency certificates with respect to Xxxxx Limited, and (iv) a good standing certificate (or similar certificate) for Xxxxx Limited from its jurisdiction of organization.

(g) The Administrative Agent shall have received a Responsible Officer’s certificate of Xxxxx Global SA and Xxxxx Limited, dated the Second Amendment Effective Date, substantially in the form of Exhibit B-3 attached to the Term Loan Agreement, satisfactory in form and substance to the Administrative Agent.

(h) The Administrative Agent shall have received the following executed legal opinions:

(i) the legal opinion of Xxxx Xxxxx LLP, New York counsel to the Borrower and New York counsel to Xxxxx Limited, as the existing Guarantor, and Xxxxx Global SA, as the successor Guarantor, substantially in the form of Exhibit D-1 attached to the Term Loan Agreement;

(ii) the legal opinion of Xxxxxxx Xxxx & Xxxxxxx, Bermuda counsel to Xxxxx Limited as the existing Guarantor, substantially in the form of Exhibit D-2 attached to the Term Loan Agreement; and

(iii) the legal opinion of Xxxxxxxxx XX, Swiss counsel to Bunge Global SA, as the successor Guarantor, substantially in the form Exhibit D-3 attached to the Term Loan Agreement.

Each such legal opinion shall cover such other matters incident to the transactions contemplated by this Amendment as the Administrative Agent may reasonably require.

(i) Successor Guarantor KYC. The Administrative Agent shall have received all information reasonably requested in respect of Bunge Global SA, in connection with applicable “know your consumer” and anti-money laundering rules and regulations, including the Patriot Act.

4. Representations and Warranties. The Borrower represents and warrants as follows:

(a) Power and Authorization. The Borrower has the power and authority, and the legal right, to make, deliver and perform this Amendment. The Borrower has taken all necessary organizational action to authorize the execution, delivery and performance of this Amendment. This Amendment has been duly executed and delivered on behalf of the Borrower.

(b) Enforceable Obligation. This Amendment constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).

(c) Representations and Warranties. Each of the representations and warranties made by the Borrower in or pursuant to this Amendment and the other Loan Documents are true and correct in all material respects on the Second Amendment Effective Date as if made on the Second Amendment Effective Date; provided, that, the representations and warranties made in Sections 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14, 3.15, 3.16, and 3.17 of the Term Loan Agreement are true and correct in all respects on and as of the Second Amendment Effective Date).

(d) No Default. No Default or Event of Default has occurred and is continuing.

5. CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, ETC. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. WITHOUT LIMITING THE FOREGOING, THIS AMENDMENT SHALL BE SUBJECT TO THE PROVISIONS (INCLUDING WITH RESPECT TO SUBMISSION TO JURISDICTION AND JURY TRIAL WAIVER) SET FORTH IN SECTIONS 8.12 AND 8.15 OF THE TERM LOAN AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN MUTATIS MUTANDIS.

6. Counterparts. This Amendment may be executed by one or more of the parties to this Amendment on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Amendment by facsimile transmission or portable document format shall be effective as delivery of a manually executed counterpart hereof. A set of the copies of this Amendment signed by all the parties shall be lodged with the Borrower and the Administrative Agent.

7. Reference to and Effect on the Loan Documents.

(a) Upon and after the effectiveness of this Amendment, each reference in the Term Loan Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Term Loan Agreement, and each reference in the other Loan Documents to “the Term Loan Agreement”, “thereof” or words of like import referring to the Term Loan Agreement, shall mean and be a reference to the Term Loan Agreement as amended hereby.

(b) Except as specifically set forth in this Amendment, the Existing Term Loan Agreement and all other Loan Documents, have been duly executed and delivered by each Loan Party that is a party thereto and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed and shall constitute the legally valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its respective terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, or similar laws relating to or limiting creditors’ rights generally or by general principles of equity (regardless of whether such enforcement is considered proceeding at law or in equity).

(c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Administrative Agent or any Lender under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents.

8. Reaffirmation and Confirmation. The Borrower hereby (a) acknowledges and reaffirms its obligations as set forth in each Loan Document (as amended by this Amendment), and (b) agrees to continue to comply with, and be subject to, all of the terms, provisions, conditions, covenants, agreements and obligations applicable to it set forth in each Loan Document (as amended by this Amendment), which remain in full force and effect.

9. Integration. This Amendment, together with the other Loan Documents, reflects the entire understanding of the parties with respect to the matters contemplated hereby and shall not be contradicted or qualified by any other agreement, oral or written, before the date hereof. This Amendment is a Loan Document.

10. Severability. Wherever possible, each provision of this Amendment shall be interpreted in such manner as to be valid under applicable law. To the extent any such provision is found to be invalid or unenforceable under applicable law in a given jurisdiction then (a) such provision shall be ineffective only to such extent; (b) the remainder of such provision and the other provisions of this Amendment shall remain in full force and effect in such jurisdiction; and (c) such provision shall remain in full force and effect in any other jurisdiction.

11. No Waiver. This Amendment shall have no binding force or effect until all of the conditions to the effectiveness of this Amendment have been satisfied as set forth herein. The amendments set forth in Section 1 above are effective solely for the purposes set forth herein and shall be limited precisely as written and, except as expressly provided in this Amendment, shall not be deemed to (a) be a consent to any amendment, waiver or modification of any term or condition of the Existing Term Loan Agreement or of any other Loan Document or (b) prejudice, impair or effect any right or remedies that the Administrative Agent or the Lenders may have or may have in the future under or in connection with the Existing Term Loan Agreement or any other Loan Document.

12. Further Assurances. The Borrower agrees to execute and deliver any documents, agreements, instruments, certificates, notices or any other arrangements and take any and all further action that, in each case, may be required under applicable law or that the Administrative Agent or the Required Lenders may request in order to effectuate to more fully reflect the intent of the parties hereto and the matters contemplated by this Amendment or the Term Loan Agreement or any other Loan Documents.

13. Confirmation of Guarantor. Xxxxx Limited, as existing Guarantor, hereby confirms for the benefit of the Administrative Agent and the Lenders that all of its obligations under the Guaranty

Agreement shall (a) remain in full force and effect notwithstanding the amendments set forth in Section 1 above and (b) extend to any new obligations assumed by any Loan Party under the Loan Documents as a result of this Amendment.

[Remainder of Page Intentionally Left Blank.]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered as of the date first above written.

BORROWER:

XXXXX LIMITED FINANCE CORP.,

as Borrower

By: /s/ Xxxxx Xxxxx
Name: Xxxxx Xxxxx
Title: President

[Signature Page to Second Amendment to Term Loan Agreement]

ACKNOWLEDGED AND AGREED for purposes of Section 13 of this Amendment:

XXXXX LIMITED,
as existing Guarantor

By: /s/ Xxxxx Xxxxx
Name: Xxxxx Xxxxx
Title: Treasurer

By: /s/ Xxxx Xxxx-Xxxxxxxxx
Name: Xxxx Xxxx-Xxxxxxxxx
Title: Secretary

[Signature Page to Second Amendment to Term Loan Agreement]

ADMINISTRATIVE AGENT:

SUMITOMO MITSUI BANKING CORPORATION, as
Administrative Agent

By: /s/ Xxx Xxxxxx
       Name: Xxx Xxxxxx
       Title: Director

[Signature Page to Second Amendment to Term Loan Agreement]


						SUMITOMO MITSUI BANKING CORPORATION, as Administrative Agent By: /s/ Xxx Xxxxxx Printed Name: Xxx Xxxxxx Title: Director

[Signature Page to Second Amendment to Term Loan Agreement]


						SUMITOMO MITSUI BANKING CORPORATION, as Lender By: /s/ Xxxxxxxx Xxxxx Printed Name: Xxxxxxxx Xxxxx Title: Senior General Manager

[Signature Page to Second Amendment to Term Loan Agreement]


						DEVELOPMENT BANK OF JAPAN INC., as Lender By: /s/ Xxxxxxxxx Xxxxxx Printed Name: Xxxxxxxxx Xxxxxx Title: General Manager, Corporate Finance Department, Division3

[Signature Page to Second Amendment to Term Loan Agreement]


						MIZUHO BANK, LTD., as Lender By: /s/ Xxxxx Xxxx Printed Name: Xxxxx Xxxx Title: Executive Director

[Signature Page to Second Amendment to Term Loan Agreement]


						MUFG BANK, LTD., as Lender By: /s/ Xxxxxxxxxx Xxxxxxx Printed Name: Xxxxxxxxxxx Xxxxxxx Title: Authorized Signatory

[Signature Page to Second Amendment to Term Loan Agreement]


						THE NORINCHUKIN BANK, as Lender By: /s/ Xxxxxxxx Xxxxx Printed Name: Xxxxxxxx Xxxxx Title: General Manager

[Signature Page to Second Amendment to Term Loan Agreement]


						THE 77 BANK, LTD., as Lender By: /s/ Xxxxxxxx Xxxx Printed Name: Xxxxxxxx Title: Executive Officer & General Manager Treasury Division

[Signature Page to Second Amendment to Term Loan Agreement]


						THE CHUGOKU BANK, LTD., as Lender By: /s/ Xxxxxx Xxxxxxxxx Printed Name: Xxxxxx Xxxxxxxxx Title: General Manager of International Department

[Signature Page to Second Amendment to Term Loan Agreement]


						THE SAN-IN GODO BANK, LTD., as Lender By: /s/ Xxxxxx Xxxxxx Printed Name: Xxxxxx Xxxxxx Title: General Manager, Tokyo Branch _______________________________

[Signature Page to Second Amendment to Term Loan Agreement]


						THE HYAKUJUSHI BANK, LTD., as Lender By: /s/ Xxxxxxxx Xxxxx Printed Name: Xxxxxxxx Xxxxx Title: Managing Executive Officer and Tokyo General Manager

[Signature Page to Second Amendment to Term Loan Agreement]


						THE IYO BANK, LTD., as Lender By: /s/ Xxxxxxx Xxxxxxxx Printed Name: Xxxxxxx Xxxxxxxx Title: Executive Officer

[Signature Page to Second Amendment to Term Loan Agreement]


						THE HACHIJUNI BANK, LTD., as Lender By: /s Xxxxxxxx Xxxxxxx Printed Name: Xxxxxxxx Xxxxxxx Title: Senior Deputy General Manager, Financial Market Department

[Signature Page to Second Amendment to Term Loan Agreement]


						THE MINATO BANK, LTD., as Lender By: /s/ Xxxxxxxx Xxxxxx Printed Name: Xxxxxxxx Xxxxxx Title: General Manager of Tokyo Branch

[Signature Page to Second Amendment to Term Loan Agreement]


						DAIDO LIFE INSURANCE COMPANY, as Lender By: /s/ Xxxxxx Xxxx Printed Name: Xxxxxx Xxxx Title: Representative Director

[Signature Page to Second Amendment to Term Loan Agreement]


						THE HIGASHI-NIPPON BANK, LTD., as Lender By: /s/ Xxxxxxxxx Xxxxx Printed Name: Xxxxxxxxx Xxxxx Title: President_______________________________

[Signature Page to Second Amendment to Term Loan Agreement]


						THE YAMAGUCHI BANK, LTD. TOKYO BRANCH, as Lender By: /s/ Xxxxxxxxx Xxxxxxx Printed Name: Xxxxxxxxx Xxxxxxx Title: Managing Director and General Manager of Tokyo Branch

[Signature Page to Second Amendment to Term Loan Agreement]


						SUMITOMO MITSUI TRUST BANK, LTD. NEW YORK BRANCH, as Lender By: /s/ Xxxxxx Xxx Printed Name: Xxxxxx Xxx Title: Senior Director

[Signature Page to Second Amendment to Term Loan Agreement]


						THE GUNMA BANK, LTD., as Lender By: /s/ Xxxxxxxx Xxxxx Printed Name: Xxxxxxxx Xxxxx Title: General Manager

[Signature Page to Second Amendment to Term Loan Agreement]


						THE NOMURA TRUST AND BANKING CO., LTD., as Lender By: /s/ Xxxxxxxxx Xxxx Printed Name: Xxxxxxxxx Xxxx Title: Managing Director

[Signature Page to Second Amendment to Term Loan Agreement]


						THE CHIBA BANK, LTD. NEW YORK BRANCH, as Lender By: /s/ Xxx Xxxxx Printed Name: Xxx Xxxxx Title: General Manager

[Signature Page to Second Amendment to Term Loan Agreement]


						THE JOYO BANK, LTD., as Lender By: /s/ Xxxxxxxxxx Xxxxxx Printed Name: Xxxxxxxxxx Xxxxxx Title: General Manager

[Signature Page to Second Amendment to Term Loan Agreement]


						THE JUROKU BANK, LTD. TOKYO BRANCH, as Lender By: /s/ Xxxxx Xxxxxxxxx Printed Name: Xxxxx Xxxxxxxxx Title: General Manager, Tokyo Branch _______________________________

[Signature Page to Second Amendment to Term Loan Agreement]

ANNEX A

(See attached)

CONFORMED THROUGH SECOND AMENDMENT AGREEMENT

TERM LOAN AGREEMENT

among

XXXXX LIMITED FINANCE CORP.,

as Borrower,

The Several Lenders from Time to Time Parties Hereto,

and

SUMITOMO MITSUI BANKING CORPORATION,
as Administrative Agent

Dated as of July 1, 2019

SUMITOMO MITSUI BANKING CORPORATION,

DEVELOPMENT BANK OF JAPAN INC.,

MIZUHO BANK, LTD.,

AND MUFG BANK LTD.,

as Mandated Lead Arrangers and Bookrunners

TABLE OF CONTENTS

Page

SECTION 1. DEFINITIONS 1

1.1 Defined Terms 1

1.2 Other Definitional Provisions 21

1.3 Benchmark Replacement Conforming Changes; Disclaimer 22

1.4 Divisions 23

SECTION 2. AMOUNT AND TERMS OF TERM LOANS 23

2.1 Term Loans 23

2.2 Procedure for Loan Borrowing 24

2.3 Fees, etc 24

2.4 Prepayments 24

2.5 Repayment 24

2.6 Interest Rates and Payment Dates 24

2.7 Computation of Interest and Fees 25

2.8 Alternate Rate of Interest 25

2.9 Pro Rata Treatment and Payments 27

2.10 Requirements of Law 28

2.11 Taxes 29

2.12 Indemnity 33

2.13 Change of Lending Office 33

2.14 Illegality 33

2.15 Replacement of Lenders 34

2.16 Judgment Currency 34

2.17 Net-Settlement 35

SECTION 3. REPRESENTATIONS AND WARRANTIES 35

3.1 No Change 35

3.2 Existence; Compliance with Law 35

3.3 Power; Authorization; Enforceable Obligations 36

3.4 No Legal Bar 36

3.5 Litigation 36

3.6 No Default 36

3.7 Ownership of Property; Liens 36

3.8 Taxes 36

3.9 Federal Regulations 37

3.10 Investment Company Act; Other Regulations 37

3.11 No Subsidiaries 37

3.12 Use of Proceeds 37

3.13 Solvency 37

3.14 Limited Purpose 37

3.15 Financial Condition; Beneficial Ownership Certification 37

3.16 Disclosure 38

3.17 Pari Passu 38

3.18 Sanctions Laws 38

3.19 No Organized Crime Group or Violent Act 38

3.20 Financial Institutions 38

SECTION 4. CONDITIONS PRECEDENT 38

4.1 Conditions to Effectiveness 38

SECTION 5. COVENANTS 40

5.1 Affirmative Covenants 40

5.2 Negative Covenants 42

5.3 Use of Websites 43

SECTION 6. EVENTS OF DEFAULT 44

SECTION 7. THE ADMINISTRATIVE AGENT 46

7.1 Appointment 46

7.2 Delegation of Duties 47

7.3 Exculpatory Provisions 47

7.4 Reliance by Administrative Agent 47

7.5 Notice of Default 47

7.6 Non-Reliance on Administrative Agent and Other Lenders 48

7.7 Indemnification 48

7.8 Agent in Its Individual Capacity 49

7.9 Successor Administrative Agent 49

7.10 Mandated Lead Arrangers and Bookrunner 49

7.11 Agent Communications 49

7.12 Certain ERISA Matters 49

7.13 Erroneous Payments 50

SECTION 8. MISCELLANEOUS 53

8.1 Amendments and Waivers 53

8.2 Notices 53

8.3 No Waiver; Cumulative Remedies 56

8.4 Survival of Representations and Warranties 56

8.5 Payment of Expenses 56

8.6 Successors and Assigns; Participations and Assignments 57

8.7 Adjustments; Set-off 59

8.8 Counterparts 60

8.9 Severability 60

8.10 Integration 60

8.11 GOVERNING LAW 60

8.12 Submission To Jurisdiction; Waivers 60

8.13 Acknowledgements 61

8.14 Confidentiality 61

8.15 WAIVERS OF JURY TRIAL 62

8.16 Conversion of Currencies into Dollars 62

8.17 U.S.A. Patriot Act 62

8.18 Money Lending Business Act 63

8.19 Acknowledgment and Consent to Bail-In of Affected Financial Institution......................................................... 63

8.20 Acknowledgment Regarding Any Supported QFCs 64

SCHEDULES:

1.1 Commitments

1.2 Material Subsidiaries

2.6 Interest Payment Dates

2.8 Cumulative Compounded RFR Rate

3.3 Consents, Authorizations, Filings and Notices

EXHIBITS:

A Form of Guaranty Agreement

B-1 Form of Borrower Responsible Officer's Certificate

B-2 Form of Borrower Secretary Certificate

B-3 Form of Guarantor Responsible Officer's Certificate

B-4 Form of Xxxxx Limited Secretary Certificate

B-5 Form of Xxxxx Global SA Secretary Certificate

C Form of Assignment and Acceptance

D-1 Form of Legal Opinion of Xxxx Xxxxx LLP

D-2 Form of Legal Opinion of Xxxxxxx Xxxx & Xxxxxxx Limited

D-3 Form of Legal Opinion of Xxxxxxxxx XX

E-1 Form of Exemption Certificate

E-2 Form of Exemption Certificate

E-3 Form of Exemption Certificate

E-4 Form of Exemption Certificate

iii

TERM LOAN AGREEMENT (as amended, amended and restated, supplemented or otherwise modified in accordance with the terms hereof and in effect from time to time, this "Agreement"), dated as of July 1, 2019, among XXXXX LIMITED FINANCE CORP., a Delaware corporation (the "Borrower"), the several banks and other financial institutions or entities from time to time parties to this Agreement (the "Lenders"), SUMITOMO MITSUI BANKING CORPORATION (“SMBC”), as a mandated lead arranger, as a bookrunner, as administrative agent for the Lenders, and as a Lender, DEVELOPMENT BANK OF JAPAN INC. (“DBJ”), as a mandated lead arranger, as a bookrunner, and as a Lender, MIZUHO BANK, LTD. (“Mizuho”), as a mandated lead arranger, as a bookrunner, and as a Lender, and MUFG BANK, LTD. (“MUFG”), as a mandated lead arranger, as a bookrunner, and as a Lender.

The Borrower requested that the Lenders make available to the Borrower a U.S. $375,000,000 equivalent five-year unsecured term loan facility. The proceeds of such facility were used in part to refinance certain of the loans and other amounts payable under the Existing Loan Agreement.

The parties hereto hereby agree as follows:

SECTION 1. DEFINITIONS

1.1 Defined Terms. As used in this Agreement, the terms listed in this Section 1.1 shall have the respective meanings set forth in this Section 1.1.

"Administrative Agent": SMBC, together with its Affiliates, in its capacity as the administrative agent for the Lenders under this Agreement and the other Loan Documents, together with any of its successors.

“Affected Financial Institution”: (a) any EEA Financial Institution or (b) any UK Financial Institution.

"Affiliate": with respect to any specified Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common control with, such specified Person. For purposes of this definition "control" of a Person means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities or otherwise, and the terms "controlling" and "controlled" have meanings correlative to the foregoing.

“Agent Dollar Account”: the Dollar denominated account in the name of the Administrative Agent held with the Administrative Agent at Sumitomo Mitsui Banking Corporation, New York with account number 423001 and account name "SMBC Loan Operations New York", or such other account designated by the Administrative Agent for receiving payments and funds that are denominated in Dollars.

“Agent Yen Account”: the Yen denominated account in the name of the Administrative Agent held with the Administrative Agent at Sumitomo Mitsui Banking Corporation, New York with account number 2701 and account name "SMBC, New York Branch (SWIFT Code: XXXXXX00", or such other account designated by the Administrative Agent for receiving payments and funds that are denominated in Yen.

"Aggregate Exposure": with respect to any Lender at any time, an amount equal to the amount of such Xxxxxx's Commitment then in effect or, if the Commitments have been terminated, such Xxxxxx's Loans then outstanding.

"Aggregate Exposure Percentage": with respect to any Lender at any time, the ratio (expressed as a percentage) of such Xxxxxx's Aggregate Exposure at such time to the Aggregate Exposure of all Lenders at such time. For purposes of determining such percentage, Yen Commitment or Loans shall be converted to Dollars at a rate equal to 119.00 Yen per 1.00 Dollar, which such rate shall be fixed for the term of this Agreement.

"Agreed Currency": Dollars and Yen.

"Agreement": as defined in the preamble hereto.

“Applicable Agent Account”: the Agent Dollar Account or the Agent Xxx Account, as the case may be.

“Applicable Borrower Account”: the Borrower Dollar Account or the Borrower Yen Account, as the case may be.

"Applicable Margin": the per annum rate set forth in the applicable row of the table below:


Loans			Applicable Margin
Tranche A Loans			0.75%
Tranche B Loans			1.30%

"Assignee": as defined in Section 8.6(c).

"Assignment and Acceptance": an Assignment and Acceptance, substantially in the form of Exhibit C.

"Assignor": as defined in Section 8.6(c).

"Available Tenor": as of any date of determination and with respect to the then-current Benchmark for any Agreed Currency, 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 doubt, any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to Section 2.8(e).

“Bail-In Action”: the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

“Bail-In Legislation”: (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, regulation, rule 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).

"BASEL III":

(a) the agreements on capital requirements, a leverage ratio and liquidity standards contained in "Basel III: A global regulatory framework for more resilient banks and banking systems", "Basel III: International framework for liquidity risk measurement, standards and monitoring" and "Guidance for national authorities operating the countercyclical capital buffer" published by the Basel Committee on Banking Supervision in December 2010;

(b) the rules for global systemically important banks contained in “Global systemically important banks: assessment methodology and the additional loss absorbency requirement – Rules text” published by the Basel Committee on Banking Supervision in November 2011, as amended, supplemented or restated; and

"Benchmark": initially, (i) in the case of any Loan denominated in Dollars, Daily Simple SOFR and (ii) in the case of any Loan denominated in Yen, the Cumulative Compounded RFR Rate; provided, however, that if a Benchmark Transition Event and its related Benchmark Replacement Date has occurred with respect to Daily Simple SOFR or Cumulative Compounded RFR Rate, then “Benchmark” shall mean the applicable Benchmark Replacement to the extent such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.8(b).

“Benchmark Borrowing”: any Borrowing of a Benchmark Loan.

“Benchmark Loan”: any Daily Simple SOFR Loan or Cumulative Compounded RFR Rate Loan.

"Benchmark Replacement": for any Available Tenor, 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 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 Agreed Currency at such time and (b) the related Benchmark Replacement Adjustment. If the Benchmark Replacement 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.

"Benchmark Replacement Adjustment": 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 Agreed Currency at such time.

"Benchmark Replacement Conforming Changes": with respect to any Benchmark Replacement, any Loans subject thereto and/or either the use or administration of Daily Simple SOFR or Cumulative Compounded RFR Rate, any technical, administrative or operational changes (including changes to the definition of “Business Day,” the definition of “U.S. Government Securities Business Day,” the definition of “Interest Period” (or any similar term) 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 (except as otherwise provided herein with respect to the Cumulative Compounded RFR Rate), 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 Replacement, Daily Simple SOFR or the Cumulative Compounded RFR Rate 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 Replacement 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).

"Benchmark Replacement Date": with respect to any Benchmark, the earliest to occur of the following events with respect to such then-current Benchmark:

(1) in the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” 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

(2) in the case of clause (3) of the definition of “Benchmark Transition Event,” 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 of the public statement or publication of information referenced therein in such clause (3) and even if any Available Tenor of such Benchmark (or such component thereof) continues to be provided on such date;

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 “Benchmark Replacement Date” 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).

"Benchmark Transition Event": with respect to any Benchmark, the occurrence of one or more of the following events with respect to such then-current Benchmark:

(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);

(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 Bank of Japan or other central bank for the Agreed 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

(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.

For the avoidance of doubt, a "Benchmark Transition Event" 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).

"Benchmark Unavailability Period": 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 2.8 and (y) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.8.

“Beneficial Ownership Certification”: a certification regarding beneficial ownership or control as required by the Beneficial Ownership Regulation.

“Beneficial Ownership Regulation”: 31 C.F.R. § 1010.230.

“Benefit Plan”: any of (a) an “employee benefit plan” (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in Section 4975 of the Code to which Section 4975 of the Code applies, and (c) any Person whose assets include (for purposes of the Plan Asset Regulations or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

"Benefitted Lender": as defined in Section 8.7(a).

"Board of Directors": with respect to any Person, the board of directors of such Person or any duly authorized committee thereof.

"Borrower": as defined in the preamble hereto.

“Borrower Dollar Account”: The Bank of New York Account No. 111-565, for further credit Account No. 200807, or such other account designated by the Borrower for depositing funds borrowed hereunder that are denominated in Dollars.

"Borrower Permitted Lien": Liens for current Taxes, assessments or other governmental charges which are not delinquent or remain payable without any penalty, or the validity of which is contested in good faith by appropriate proceedings upon stay of execution of the enforcement thereof or upon posting a bond in connection therewith and reserves to the extent required by GAAP with respect thereto have been provided on the books of the Borrower.

“Borrower Yen Account”: The Bank of New York Xxxxxx XX/NV Account No. 000-0000-000, for further credit Account No. 0000549554, or such other account designated by the Borrower for depositing funds borrowed hereunder that are denominated in Yen.

"Borrowing": Loans of the same type (in terms of the rate of interest on such Loan) and currency, made, converted or continued on the same date to the Borrower and, in the case of Daily Simple SOFR Loans or Cumulative Compounded RFR Rate Loans, as to which a single Interest Period is in effect.

“Borrowing Time”: as defined in Section 2.2.

“Business Day”: a day other than a Saturday, Sunday or other day on which commercial banks in New York City and/or Tokyo are authorized or required by law to close; provided that, in addition to the foregoing, a Business Day shall be, in relation to Loans referencing Daily Simple SOFR and any interest rate settings, fundings, disbursements, settlements or payments of any such Loans referencing Daily Simple SOFR or any other dealings of such Loans referencing Daily Simple SOFR, any such day that is only a U.S. Government Securities Business Day (except with respect to any payments or notices of any such Loans referencing Daily Simple SOFR, any such day shall exclude a day on which commercial banks in Tokyo are authorized or required by law to close).

"Capital Stock": with respect to any Person, any and all shares, interests, rights to purchase, warrants, options (whether or not currently exercisable), participations or other

equivalents of or interests in (however designated) the equity (which includes, but is not limited to, common stock or shares, preferred stock or shares and partnership and joint venture interests) of such Person (excluding any debt securities convertible into, or exchangeable for, such equity).

"Change in Control": the occurrence of any of the following:

(1) the Guarantor becomes aware (by way of a report or any other filing pursuant to Section 13(d) of the Exchange Act, proxy, vote, written notice or otherwise) of the acquisition by any Person or group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act, or any successor provision), including 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), in a single transaction or in a related series of transactions, by way of merger, consolidation or other business combination, of 50% or more of the total voting power of the Voting Stock of the Guarantor then outstanding;

(2) the sale, lease or transfer, in one or a series of related transactions, of all or substantially all of the assets of the Guarantor and its Subsidiaries, taken as a whole, to any Person that is not a Subsidiary of the Guarantor; or

(3) the first day on which a majority of the members of the Guarantor's Board of Directors are not Continuing Directors.

“Change in Law” has the meaning specified in Section 2.10.

"Closing Date": July 1, 2019.

"Code": the United States Internal Revenue Code of 1986, as amended from time to time, and the rules and regulations promulgated thereunder from time to time.

"Commitment": the Tranche A Commitment or the Tranche B Commitment, as applicable; “Commitments” shall mean, collectively, the Tranche A Commitments and the Tranche B Commitments.

“Connection Income Taxes”: Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

"Continuing Directors": as of any date of determination, any member of the Board of Directors of the Guarantor who (a)(i) with respect to Xxxxx Limited, was a member of such Board of Directors on the Closing Date or (ii) with respect to Xxxxx Global SA, was a member of such Board of Directors on the Guaranty Assignment Effective Date; or (b) was nominated for election, appointed or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board of Directors at the time of such nomination or election (either by a specific vote or by approval of the Guarantor's proxy statement in which such member was named as a nominee for election as a director).

"Contractual Obligation": as to any Person, any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound.

"Corresponding Tenor": with respect to any Available Tenor, 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.

“Cumulative Compounded RFR Rate”: with respect to any Loan denominated in Yen and for any Interest Period, the percentage rate per annum determined by the Administrative Agent in accordance with the methodology set out in Schedule 2.8.

“Cumulative Compounded RFR Rate Adjustment”: 0.00835%.

“Cumulative Compounded RFR Rate Loan”: any Loan the rate of interest applicable to which is based on the Cumulative Compounded RFR Rate.

“Daily Simple SOFR”: for any day (a “SOFR Interest Day”), a rate per annum equal to SOFR for the day (such day “i”) that is ten (10) U.S. Government Securities Business Days prior to (i) if such SOFR Interest Day is a U.S. Government Securities Business Day, such SOFR Interest Day or (ii) if such SOFR Interest Day is not a U.S. Government Securities Business Day, the U.S. Government Securities Business Day immediately preceding such SOFR Interest Day, in each case, as such SOFR is published by the SOFR Administrator on the SOFR Administrator’s Website. If by 5:00 pm (New York City time) on the next U.S. Government Securities Business Day immediately following any day “i”, the SOFR in respect of such day “i” has not been published on the SOFR Administrator’s Website and a Benchmark Replacement Date with respect to the Daily Simple SOFR has not occurred, then the SOFR for such day “i” will be the SOFR as published in respect of the first preceding U.S. Government Securities Business Day for which such SOFR was published on the SOFR Administrator’s Website so long as such first preceding U.S. Government Securities Business Day is not more than ten (10) U.S. Government Securities Business Days prior to day “i”. 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.

Provided that if Daily Simple SOFR determined as provided above shall ever be less than the Floor, then Daily Simple SOFR shall be deemed to be equal to the Floor.

“Daily Simple SOFR Loan”: any Loan the rate of interest applicable to which is based on Daily Simple SOFR.

"Default": any of the events specified in Section 6, whether or not any requirement for the giving of notice, the lapse of time, or both, has been satisfied.

"Defaulting Lender": any Lender that (a) has failed to fund any portion of its Loans required to be funded by it hereunder within three (3) Business Days of the date required to be funded by it hereunder, (b) has notified the Borrower or the Administrative Agent in writing that it does not intend to comply with any of its funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its funding obligations under this Agreement, (c) has otherwise failed to pay over to the Administrative Agent any other amount required to be paid by it hereunder within three (3) Business Days of the date when due, unless the subject of a good faith dispute, or (d) (i) is insolvent or (ii) has become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it, or has indicated its consent to, approval of or acquiescence in any such proceeding or appointment or has become the subject of a Bail-In Action; provided, that a Lender shall not become a "Defaulting Lender" solely as a

result of the acquisition or maintenance of an ownership interest in such Lender or Person controlling such Lender or the exercise of control over a Lender or Person controlling such Lender by a Governmental Authority or instrumentality thereof.

"Designated Website": as defined in Section 5.3(a).

"Dollar Equivalent": on any date of determination (a) with respect to any amount denominated in Dollars, such amount, and (b) with respect to any amount denominated in Yen or any other currency other than Dollars, the equivalent in Dollars of such amount, determined by the Administrative Agent pursuant to Section 8.17 using the Rate of Exchange with respect to such currency on such date in effect under the provisions of such Section.

"Dollars" and "$": the lawful currency of the United States.

“Drawdown Date”: July 9, 2019.

“EEA Financial Institution”: (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.

“EEA Member Country”: any of the member states of the European Union, Iceland, Liechtenstein and Norway.

“EEA Resolution Authority”: 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.

"Environmental Laws": any and all foreign, Federal, state, local or municipal laws, rules, orders, regulations, statutes, ordinances, codes, decrees, requirements of any Governmental Authority or other Requirements of Law (including common law) regulating, relating to or imposing liability or standards of conduct concerning protection of human health or the environment, as now or may at any time hereafter be in effect.

“ERISA”: the Employee Retirement Income Security Act of 1974, as amended from time to time.

“ERISA Affiliate”: with respect to any Person, any trade or business (whether or not incorporated) that is a member of a group of which such Person is a member and which is treated as a single employer under Section 414 of the Code.

"ERISA Event": (a) (i) the occurrence of a reportable event, within the meaning of Section 4043 of ERISA, with respect to any Plan unless the 30-day notice requirement with respect to such event has been waived by the PBGC or (ii) the requirements of Section 4043(b) of ERISA apply with respect to a contributing sponsor, as defined in Section 4001(a)(13) of ERISA, of a Plan, and an event described in paragraph (9), (10), (11), (12) or (13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan within the following 30 days; (b) any failure by any Plan to satisfy the minimum funding standards (of Section 412 or 430 of the Code or Section 302 or 303 of ERISA) applicable to such Plan, whether or not

waived, the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an application for a minimum funding waiver with respect to a Plan, or 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; (c) the provision by the administrator of any Plan of a notice of intent to terminate such Plan, pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect to a plan amendment referred to in Section 4041(e) of ERISA); (d) the cessation of operations at a facility of the Borrower or any of its ERISA Affiliates in the circumstances described in Section 4062(e) of ERISA; (e) the withdrawal by the Borrower or any of its ERISA Affiliates from a Multiple Employer Plan during a plan year for which it was a substantial employer, as defined in Section 4001(a)(2) of ERISA; (f) the complete or partial withdrawal of the Borrower or any of its ERISA Affiliates from any Multiemployer Plan, or the receipt by the Borrower or any of its ERISA of any notice concerning the imposition of Withdrawal Liability; (g) the conditions for imposition of a Lien under Section 412 or 430(k) of the Code or Section 303(k) or 4068 of ERISA shall have been met with respect to any Plan; (h) the institution by the PBGC of proceedings to terminate a Plan pursuant to Section 4042 of ERISA, or the occurrence of any event or condition described in Section 4042 of ERISA that constitutes grounds for the termination of, or the appointment of a trustee to administer, such Plan; (i) a determination that any Plan is, or is expected to be, in "at risk" status, within the meaning of Section 430 of the Code or Section 303 of ERISA; (j) the receipt by the Borrower or any of its ERISA Affiliates of a determination that a Multiemployer Plan is, or is expected to be, in endangered or critical status, within the meaning of Section 432 of the Code or Section 305 of ERISA; or (k) the receipt by the Borrower or any of its ERISA Affiliates of a determination that a Multiemployer Plan is, or is expected to be, insolvent or in reorganization.

“Erroneous Payment”: as defined in Section 7.13(a).

“Erroneous Payment Subrogation Rights”: as defined in Section 7.13(d).

“EU Bail-In Legislation Schedule”: the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time.

"Event of Default": any of the events specified in Section 6; provided, that any requirement for the giving of notice, the lapse of time, or both, has been satisfied.

"Exchange Act": the U.S. Securities Exchange Act of 1934, as amended.

“Excluded Taxes”: any of the following Taxes imposed on or with respect to a Recipient, or required to be withheld or deducted from a payment to a Recipient by or on account of any obligation of the Borrower hereunder: (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan (other than pursuant to an assignment under Section 2.15) or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant to Section 2.11, amounts with respect to such Taxes were payable either to such Xxxxxx's assignor immediately before such Lender became a party hereto or to

such Lender immediately before it changed its lending office, (c) Taxes attributable to the failure by the Lender to comply with Section 2.11(e), 2.11(f), or 2.11(g) and (d) any U.S. federal withholding Taxes imposed under FATCA.

"Executive Order": Executive Order No. 13224 of September 23, 2001 – Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.

“Existing Loan Agreement”: that certain Term Loan Agreement dated as of December 12, 2014 among Xxxxx Limited Finance Corp., as Borrower, the lenders from time to time party thereto, and Sumitomo Mitsui Banking Corporation, as Administrative Agent.

“FATCA”: (a) Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantially comparable to and not materially more onerous to comply with) and any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b) of the Code and (b) any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of any law or regulation referred to in paragraph (a) above.

“FCA”: the U.K. Financial Conduct Authority.

"FCPA": as defined in Section 3.18.

“Federal Reserve Board”: the Board of Governors of the Federal Reserve System of the United States of America.

“Fee Letter”: that certain Fee Letter, dated as of April 2, 2019, among the Borrower, the Guarantor and the Mandated Lead Arrangers.

"Floor": a rate of interest equal to 0%.

"Funding Office": the office of the Administrative Agent specified in Section 8.2 or such other office as may be specified from time to time by the Administrative Agent as its funding office by written notice to the Borrower and the Lenders.

"GAAP": generally accepted accounting principles in the United States as in effect from time to time.

"Governmental Authority": any nation or government, any state or other political subdivision thereof and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government.

"Group Members": the collective reference to the Borrower, the Guarantor and the Material Subsidiaries.

"Guarantee Obligation": as to any Person (the "guaranteeing person"), any obligation of (a) the guaranteeing person or (b) another Person (including any bank under any letter of credit) with respect to which the guaranteeing person has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends or other obligations (the "primary obligations") of any other third

Person (the "primary obligor") in any manner, whether directly or indirectly, including any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary obligation or any property constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guarantee Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Guarantee Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount of the primary obligation in respect of which such Guarantee Obligation is made and (b) the maximum amount for which such guaranteeing person may be liable pursuant to the terms of the instrument embodying such Guarantee Obligation, unless such primary obligation and the maximum amount for which such guaranteeing person may be liable are not stated or determinable, in which case the amount of such Guarantee Obligation shall be such guaranteeing person's maximum reasonably anticipated liability in respect thereof as determined by the Borrower in good faith.

"Guarantor": (i) prior to the Guaranty Assignment Effective Date, Xxxxx Limited, a company incorporated under the laws of Bermuda, as guarantor pursuant to the Guaranty Agreement and (ii) on and after the Guaranty Assignment Effective Date, Bunge Global SA , a corporation incorporated under the laws of Switzerland, as guarantor pursuant to the Guaranty Agreement.

"Guaranty Agreement": the guaranty to be executed and delivered by the Guarantor, substantially in the form of Exhibit A.

“Guaranty Assignment Effective Date”: as defined in Section 23(b) of the Guaranty Agreement.

"Hedge Agreements": all swaps, caps or collar agreements or similar arrangements dealing with interest rates or currency exchange rates or the exchange of nominal interest obligations, either generally or under specific contingencies.

"Indebtedness": as to any Person, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (c) all obligations of such Person to pay the deferred purchase price of property, except trade accounts payable arising in the ordinary course of business, (d) all obligations of such Person as lessee which are capitalized in accordance with GAAP other than any liability in respect of a lease which would, in accordance with GAAP in effect prior to December 15, 2018, have been treated as an operating lease, (e) all obligations of such Person created or arising under any conditional sales or other title retention agreement with respect to any property acquired by such Person (including without limitation, obligations under any such agreement which provides that the rights and remedies of the seller or lender thereunder in the event of default are limited to repossession or sale of such property), (f) all obligations of such Person with respect to letters of credit and similar instruments, including without limitation obligations under reimbursement agreements, (g) all Indebtedness of others secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) a Lien on any asset of such Person, whether or not such Indebtedness is assumed by

such Person and (h) all Guarantee Obligations of such Person (other than guarantees of obligations of direct or indirect Subsidiaries of such Person).

“Indemnified Taxes”: (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party under any Loan Document and (b) to the extent not otherwise described in (a), Other Taxes.

“Interest Payment Date”: as to any Loan, each date set forth on Schedule 2.6. If any Interest Payment Date is on a day other than a Business Day, the Interest Payment Date thereof shall be extended to the next succeeding Business Day unless the result of such extension would be to extend such Interest Payment Date into another calendar month, in which event such Interest Payment Date shall be on the immediately preceding Business Day.

"Interest Period": as to any Loan, (a) initially, the period commencing on the Drawdown Date, and ending on the first Interest Payment Date; and (b) thereafter, each period commencing on the last day of the immediately preceding Interest Period applicable to such Loan, and ending on the next Interest Payment Date; provided that, with respect to any Daily Simple SOFR Loan, if any Interest Period would otherwise end on a day that is not a U.S. Government Securities Business Day, such Interest Period shall be extended to the next succeeding U.S. Government Securities 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 U.S. Government Securities Business Day.

"Lender Affiliate": (a) any Affiliate of any Lender, (b) any Person that is administered or managed by any Lender or any Affiliate of any Lender and that is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business and (c) with respect to any Lender which is a fund that invests in commercial loans and similar extensions of credit, any other fund that invests in commercial loans and similar extensions of credit and is managed or advised by the same investment advisor as such Lender or by an Affiliate of such Lender or investment advisor.

"Lenders": as defined in the preamble hereto.

"Lien": with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, encumbrance, charge or security interest in or on such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement relating to such asset.

"Loan": any loan made by any Lender pursuant to this Agreement.

"Loan Documents": this Agreement and the Guaranty Agreement.

"Loan Parties": each Group Member that is a party to a Loan Document.

“Mandated Lead Arranger”: SMBC, DBJ, Xxxxxx and MUFG.

"Material Adverse Effect": (a) a material adverse effect on the business, property, operations, condition (financial or otherwise) or prospects of the Borrower or of the Guarantor and its consolidated Subsidiaries taken as a whole or (b) a material impairment of the validity or enforceability of this Agreement or any of the other Loan Documents or the rights or remedies of

the Administrative Agent or the Lenders against the Borrower or the Guarantor hereunder or under the other Loan Documents.

“Material Subsidiaries”: at any time, any Subsidiary of the Guarantor which at such time is a “significant subsidiary” within the meaning of Rule 1-02 under Regulation S-X promulgated by the SEC. The Material Subsidiaries as of the Second Amendment Effective Date are set forth on Schedule 1.2 hereto.

"Maturity Date": the fifth anniversary of the Closing Date, or if such date is not a Business Day, the immediately preceding Business Day.

“Money Lending Business Act”: Xxxxxxxx Xxx Xxx, Act No. 32 of 1983, as amended.

"Moody's": Xxxxx'x Investors Service, Inc. or any successor thereto.

"Multiemployer Plan": with respect to any Person, a multiemployer plan as defined in Section 3(37) or 4001(a)(3) of ERISA to which such Person or any ERISA Affiliate of such Person is making or accruing an obligation to make contributions, or has within any of the preceding six plan years made or accrued an obligation to make contributions.

“Multiple Employer Plan”: a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower or any of its ERISA Affiliates and at least one Person other than the Borrower and its ERISA Affiliates or (b) was so maintained and in respect of which the Borrower or any of its ERISA Affiliates could have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated.

"Non-Bank Lender": any Lender who comes under the definition of “money lender” under paragraph 2 of article 2 of Money Lending Business Act; provided, however, that if any Person has been assigned a Loan under this Agreement, and if some or all the provisions of the Money Lending Business Act will be applicable to such Person in relation to such Loan, such Person shall be deemed to be a Non-Bank Lender under this Agreement in relation to such Loan even if such Person does not come under the definition of “money lender” under paragraph 2 of article 2 of the Money Lending Business Act.

"Non-U.S. Lender": as defined in Section 2.11(f).

“NYFRB”: the Federal Reserve Bank of New York.

"Obligations": the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and interest 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 Loans and all other obligations and liabilities of the Borrower to the Administrative Agent or to any Lender, 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 Loan Document or any other document made, delivered or given in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses (including all fees, charges and

disbursements of counsel to the Administrative Agent or to any Lender that are required to be paid by the Borrower pursuant hereto) or otherwise.

“OFAC”: the Office of Foreign Assets Control of the US Department of Treasury.

"Organized Crime Group" any of the following:

(a) an organized crime group (which shall mean any group, the members of which encourage collective or regular illegal acts with forces and arms);

(b) a member of an organized crime group;

(d) a sub-member of an organized crime group (which shall mean a person related to but not a member of an organized crime group and who engages in collective or regular illegal acts with forces and arms with the backing of the organized crime group's forces, or cooperates or engages in the maintenance or operation of the organized crime group by way of providing funds and weapons to the organized crime group or its members);

(e) a related or associated company of an organized crime group (which shall hereafter mean an enterprise in relation to which a member of an organized crime group is substantially participating in its management, or which a sub-member of an organized crime group or a former member of an organized crime group manages, and which actively cooperates or participates in the maintenance or operation of an organized crime group by way of providing funds to organized crime groups, or which cooperates in the maintenance or operation of an organized crime group by actively utilizing the organized crime group in the operation of its business);

(f) a corporate racketeer (which shall hereafter mean a corporate racketeer or corporate blackmailer who engages in collective or regular illegal acts with forces and arms in order to demand illegal profits from corporations and thus threaten the safety of a citizen’s daily life);

(g) a blackmailer advocating social cause (which shall hereafter mean a person who engages in collective or regular illegal acts with forces and arms in order to demand illegal profit by disguising or professing oneself as a social or political activist and thus threaten the safety of a citizen's daily life);

(h) a special intelligence organized crime group (which shall hereafter mean a group or an individual which is not any of (a) through (g) above, and who is at the core of a structural illegality by using force under the backing of relations with organized crime groups or maintaining financial relations with an organized crime group) (any person, group or company described in clauses (a) through (h) being referred to as an “Organized Crime Group Member”);

(i) a group whose management is controlled by any Organized Crime Group Member;

(j) a group of which any Organized Crime Group Member is substantially involved in the management;

(k) a person or a group which regularly, unduly and inappropriately uses any Organized Crime Group Member for the purpose of unfair benefit for itself, its own company or any third party or for the purpose of inflicting damage to any third party; or

(l) a person or a group that is involved in any member of an Organized Crime Group Member in such way as to provide funds to or extend facilities for such Organized Crime Group Member.

“Other Connection Taxes”: with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising 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 or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

"Other Taxes": any and all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.15).

"Pari Passu Indebtedness": the Dollar Equivalent of (i) Indebtedness for borrowed money and (ii) indebtedness incurred in connection with Hedge Agreements entered into in connection with the Loans hereunder and any Pari Passu Indebtedness described in clause (i) above, in each case which ranks not greater than pari passu (in priority of payment) with the Loans.

"Participant": as defined in Section 8.6(b).

"Participant Register": as defined in Section 8.6(b).

“Payment Recipient”: as defined in Section 7.13(a).

"PBGC": the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title IV of ERISA and any Person succeeding to the functions thereof.

"Performing Lender": any Lender that is a Defaulting Lender solely as a result of the occurrence of an event described in clause (d) of the definition of Defaulting Lender that following such event continues to perform all of its obligations under this Agreement and any other Loan Document, and has not been replaced or repaid in accordance with Section 2.15(b).

"Permitted Indebtedness": (a) Indebtedness of the Borrower pursuant to this Agreement, (b) Pari Passu Indebtedness and (c) Subordinated Indebtedness.

"Person": an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature.

"Plan": a Single Employer Plan or a Multiple Employer Plan.

“Plan Asset Regulations”: 29 C.F.R. § 2510.3-101 et seq., as modified by Section 3(42) of ERISA, as amended from time to time.

“PTE”: a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time.

“QFC Credit Support”: as defined in Section 8.20.

"Rate of Exchange": as of the relevant date, (a) with respect to any Yen/Dollar conversion, the mid-point between the purchase price and sale prices at which the Administrative Agent, in accordance with its normal banking practices, quotes for Yen / Dollars conversions in the Tokyo foreign exchange market at approximately 10:00 a.m., Tokyo time and (b) with respect to any other conversion, the rate of exchange set forth on the relevant page of the Reuters screen on or about 11:00 a.m., New York time, for the purchase of (as the context shall require) a currency with any other currency on such date.

“Recipient” means (a) the Administrative Agent, (b) any Lender and (c) any other recipient of a payment under this Agreement.

“Reference Time”: with respect to any applicable Benchmark, (1) if such Benchmark is Daily Simple SOFR, 5:00 a.m. (Chicago time) on the day that is ten (10) U.S. Government Securities Business Days preceding the date of such setting, (2) if such Benchmark is the Cumulative Compounded RFR Rate, with respect to Yen, on the day that is 10 RFR Banking Days prior to the date of such setting, and (3) if such Benchmark is not otherwise covered by clauses (1) or (2) above, the time determined by the Administrative Agent in its reasonable discretion.

“Refinanced Loans” means the Tranche A Loans and Tranche C Loans (each as defined in the Existing Loan Agreement) made by any lender pursuant to the Existing Loan Agreement.

"Register": as defined in Section 8.6(d).

"Regulation U": Regulation U of the Federal Reserve Board, as in effect from time to time, and all official rulings and interpretations thereunder or thereof.

“Regulation X”: Regulation X of the Federal Reserve Board, as in effect from time to time and all official rulings and interpretations thereunder or thereof.

"Relevant Governmental Body": (i) with respect to a Benchmark Replacement in respect of Loans denominated in Dollars, the Federal Reserve Board or the NYFRB, or a committee officially endorsed or convened by the Federal Reserve Board or the NYFRB or any successor thereto, (ii) with respect to a Benchmark Replacement in respect of Loans denominated in Yen, the Bank of Japan or any other central banking authority for Yen or a committee or working group convened or administered by the Bank of Japan, or any successor thereto and (iii) with respect to a Benchmark Replacement in respect of Loans denominated in any other currency, (a) the central bank for the currency in which such Benchmark Replacement is denominated or any central bank or other supervisor which is responsible for supervising either (1) such Benchmark Replacement or (2) the administrator of such Benchmark

Replacement or (b) any working group or committee officially endorsed or convened by (1) the central bank for the currency in which such Benchmark Replacement is denominated, (2) any central bank or other supervisor that is responsible for supervising either (A) such Benchmark Replacement or (B) the administrator of such Benchmark Replacement, (3) a group of those central banks or other supervisors or (4) the Financial Stability Board or any part thereof.

"Required Lenders": at any time, the holders of more than 50% of the Aggregate Exposure Percentage.

"Requirement of Law": as to any Person, the Certificate of Incorporation and bylaws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation 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.

“Resolution Authority”: an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

"Responsible Officer": as to any Person, any member of the Board of Directors, the Chief Executive Officer, the President, the Chief Financial Officer, the Treasurer or any Vice President of such Person or any other officer of such Person customarily performing functions similar to those performed by any of the above-designated officers.

"Restricted Person": a Person that is (i) listed on, or owned 50% or more by or controlled by a Person listed on any applicable Sanctions List; or (ii) located in, a resident of, organized under the laws of, or owned or controlled by, or acting on behalf of, a Person located in or organized under the laws of a country or territory that is or whose government is the target of any applicable country-wide Sanctions Laws. For the purposes of this definition, "control" means the possession 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. The term "controlled" has the meaning correlative thereto.

"RFR Banking Day": any day (other than a Saturday or Sunday) on which banks are open for general business in Japan.

"S&P": S&P Global Ratings or any successor thereto.

“Sanctions Authorities”: has the meaning given to it in the definition of “Sanctions Laws.”

"Sanctions Laws": any applicable economic sanctions laws, regulations, embargoes or restrictive measures administered, enacted or enforced by: (i) the United States government; (ii) the United Nations; (iii) the European Union; (iv) the United Kingdom; (v) the relevant authorities of Switzerland; or (vi) the respective governmental institutions and agencies of any of the foregoing, including without limitation, OFAC, the United States Department of State, and His Majesty’s Treasury (together, "Sanctions Authorities").

"Sanctions List": any applicable list issued, maintained or made public by any of the Sanctions Authorities, including, but not limited to the "Specially Designated Nationals and Blocked Persons" list issued by OFAC, the Consolidated List of Financial Sanctions Targets

issued by His Majesty's Treasury, or any similar applicable list issued or maintained or made public by any of the Sanctions Authorities.

“Second Amendment Effective Date”: means June 21, 2023.

"Single Employer Plan": a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower or any of its ERISA Affiliates and no Person other than the Borrower and its ERISA Affiliates or (b) was so maintained and in respect of which the Borrower or any of its ERISA Affiliates could have liability under Section 4069 of ERISA in the event such plan has been or were to be terminated.

“SMBC”: has the meaning given to it in the preamble.

“SOFR”: a rate equal to the secured overnight financing rate as administered by the SOFR Administrator.

“SOFR Adjustment”: with respect to Daily Simple SOFR, 0.10% per annum.

“SOFR Administrator”: the NYFRB (or a successor administrator of the secured overnight financing rate).

“SOFR Administrator’s Website”: the website of the NYFRB, currently at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time.

"Solvent": with respect to any Person on a particular date, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including, without limitation, contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person's ability to pay such debts and liabilities as they mature and (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person's property would constitute an unreasonably small capital. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

“Subordinated Indebtedness”: Indebtedness of the Borrower (including, without limitation, convertible notes), which is explicitly subordinated to the Obligations under the Loan Documents pursuant to the terms and conditions set forth in the transaction documents governing such Indebtedness.

"Subsidiary": as to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at the time owned directly or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise qualified, all references to a "Subsidiary" or to "Subsidiaries" in this Agreement shall refer to a Subsidiary or Subsidiaries of the Borrower.

“Supported QFC”: as defined in Section 8.20.

"Taxes": all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

"TONAR": a rate per equal to the Tokyo Overnight Average Rate as administered by the TONAR Administrator and displayed on the TONAR Administrator`s Website.

"TONAR Administrator": the Bank of Japan (or any successor administrator of the Tokyo Overnight Average Rate).

“TONAR Administrator’s Website”: the Bank of Japan’s website, currently at xxxx://xxx.xxx.xx.xx, or any successor source for the Tokyo Overnight Average Rate identified as such by the TONAR Administrator from time to time.

"Tranche A Commitment": as to any Lender, the obligation of such Lender to make Tranche A Loans in an aggregate principal amount not to exceed the amount set forth under the heading "Tranche A Commitment" opposite such Xxxxxx's name on Schedule 1.1.

“Tranche A Loans” means the Loans denominated in Yen made to the Borrower pursuant to Section 2.1.

"Tranche B Commitment": as to any Lender, the obligation of such Lender to make Tranche B Loans in an aggregate principal amount not to exceed the amount set forth under the heading "Tranche B Commitment" opposite such Xxxxxx's name on Schedule 1.1.

“Tranche B Loans” means the Loans denominated in Dollars made to the Borrower pursuant to Section 2.1.

"Transferee": any Assignee or Participant.

“UK Financial Institution”: any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within 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.

“UK Resolution Authority”: the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

"Unadjusted Benchmark Replacement": the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

"United States": the United States of America.

“U.S. Government Securities Business Day”: any day except for (a) a Saturday, (b) a Sunday or (c) 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.

“U.S. Special Resolution Regimes”: as defined in Section 8.20.

"Violent Act": any of the following: (a) a demand and conduct with force and arms; (b) an illegal demand involving force and arms; (c) threatening or committing violent behavior relating to business transactions; or (d) other actions similar to any of the above (a) through (c).

"Voting Stock": with respect to any Person as of any date, the Capital Stock of such Person that is at the time entitled to vote in the election of the Board of Directors of such Person.

"Withdrawal Liability": liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Title IV of ERISA.

"Withholding Agent": any Loan Party and the Administrative Agent.

“Write-Down and Conversion Powers”: (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.

"Yen": the lawful currency of Japan.

1.2 Other Definitional Provisions. Unless otherwise specified therein, all terms defined in this Agreement shall have the defined meanings when used in the other Loan Documents or any certificate or other document made or delivered pursuant hereto or thereto.

(a) As used herein and in the other Loan Documents, and any certificate or other document made or delivered pursuant hereto or thereto, (i) accounting terms relating to any Group Member not defined in Section 1.1 and accounting terms partly defined in Section 1.1, to the extent not defined, shall have the respective meanings given to them under GAAP, (ii) the words "include", "includes" and "including" shall be deemed to be followed by the phrase "without limitation", (iii) the word "incur" shall be construed to mean incur, create, issue, assume, become liable in respect of or suffer to exist (and the words "incurred" and "incurrence" shall have correlative meanings), (iv) the words "asset" and "property" 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, Capital Stock, securities, revenues, accounts, leasehold interests and contract rights, and (v) references to agreements or other Contractual Obligations shall, unless otherwise specified, be deemed to refer to such agreements or Contractual Obligations as amended, supplemented, restated or otherwise modified from time to time (subject to any restrictions on such amendments, supplements, restatements or modifications set forth herein).

(b) The words "hereof", "herein" and "hereunder" and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section, Schedule and Exhibit references are to this Agreement unless otherwise specified.

(c) The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.

(d) Notwithstanding any other provision contained herein or in the other Loan Documents, all terms of an accounting or financial nature used herein and in the other Loan Documents shall be construed, and all computations of amounts and ratios referred to herein and in the other Loan Documents shall be made, and prepared:

(i) in accordance with GAAP (including principles of consolidation where appropriate), and all accounting or financial terms shall have the meanings ascribed to such terms by GAAP; provided, however, that all accounting terms used in the Loan Documents (and all defined terms used in the definition of any accounting term used in the Loan Documents) shall have the meaning given to such terms (and defined terms) under GAAP as in effect on the Closing Date applied on a basis consistent with those used in preparing the financial statements referred herein and in the other Loan Documents. In the event of any change after the Closing Date in GAAP, and if such change would affect the computation of any of the financial covenants set forth in any Loan Document, then the parties hereto agree to endeavor, in good faith, to agree upon an amendment to the applicable Loan Documents that would adjust such financial covenants in a manner that would preserve the original intent thereof, but would allow compliance therewith to be determined in accordance with the Borrower’s, the Guarantor’s or any of their Subsidiaries’ financial statements at the time; provided, that, until so amended such financial covenants shall continue to be computed in accordance with GAAP prior to such change therein; and

(ii) without giving effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower, the Guarantor or any of their Subsidiaries at "fair value", as defined therein.

Notwithstanding any other provision contained herein, all obligations of the Guarantor, the Borrower and any of their respective Subsidiaries that are or would be characterized as an operating lease as determined in accordance with GAAP as in effect on December 14, 2018 (whether or not such operating lease was in effect on such date) shall continue to be accounted for as an operating lease (and not as a capital lease) for purposes of the Loan Documents regardless of any change in GAAP following December 14, 2018 (or any change in the implementation in GAAP for future periods that are contemplated as of December 14, 2018) that would otherwise require such obligation to be re-characterized as a capital lease and the Guarantor, the Borrower and their respective Subsidiaries shall continue to provide financial reporting which differentiates between operating leases and capital leases in accordance with GAAP as in effect on December 14, 2018.

1.3 Benchmark Replacement Conforming Changes; Disclaimer.

(a) In connection with the use, administration of, or conventions associated with, Daily Simple SOFR, Cumulative Compounded RFR Rate or any other Benchmark, 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. The Administrative Agent will reasonably promptly notify the Borrower of the effectiveness of any such Benchmark Replacement Conforming Changes.

(b) The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the continuation of, administration of, submission of, calculation of, or any other matter related to any interest rate used in this Agreement, “Daily Simple SOFR”, “Cumulative Compounded RFR Rate”, any component definition thereof or rates referenced in the definition thereof or any alternative or successor rate thereto, or replacement rate thereof (including, without limitation, (i) any then-current Benchmark or any Benchmark Replacement, (ii) any alternative, successor or replacement rate implemented pursuant to Section 2.8, and (iii) the effect, implementation or composition of any Benchmark Replacement Conforming Changes, including without limitation, (A) whether the composition or characteristics of any such alternative, successor or replacement reference rate (including any Benchmark Replacement) will be similar to, or produce the same value or economic equivalence of, or have the same volume or liquidity as the existing Benchmark or any subsequent Benchmark Replacement, prior to its discontinuance or unavailability (including any Benchmark), and (B) the impact or effect of such alternative, successor or replacement reference rate or Benchmark Replacement Conforming Changes). The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any Benchmark, 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 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. The Administrative Agent and its affiliates or other related entities may engage in transactions that affect the calculation of any Benchmark, any alternative, successor or replacement rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower.

1.4 Divisions. 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’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.

SECTION 2. AMOUNT AND TERMS OF TERM LOANS

2.1 Term Loans. Subject to the terms and conditions hereof, each Lender severally agreed to make Tranche A Loans and Tranche B Loans on the Drawdown Date in a principal amount equal to such Xxxxxx’s Commitment. The Tranche A Loans were made in Yen, and the Tranche B Loans were made in Dollars. The Tranche A Loans shall be Cumulative

Compounded RFR Rate Loans and the Tranche B Loans shall be Daily Simple SOFR Loans. Each Lender’s Commitment terminated on the Drawdown Date.

2.2 Procedure for Loan Borrowing. The Borrower may borrow one time under the Commitments on the Drawdown Date. Each Lender will make its respective amount of the Loans listed on Schedule 1.1 available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 11:00 a.m., Tokyo time (the “Borrowing Time”), on the Drawdown Date, in each case in funds immediately available in Yen or Dollars, as the case may be, to the Administrative Agent, and the Administrative Agent shall transfer the amounts to the Applicable Borrower Account on or before 11:59 p.m., Tokyo time, on the Drawdown Date.

2.3 Fees, etc. The Borrower agrees to pay to the Administrative Agent, for the account of the Administrative Agent and for the account of the Lenders, respectively, the fees in the amounts and on the dates previously agreed to in the Fee Letter.

2.4 Prepayments. The Borrower may at any time and from time to time prepay the Loans, in whole or in part, without premium or penalty, upon irrevocable notice delivered to the Administrative Agent no later than 10:00 a.m., Tokyo time, fifteen (15) Business Days prior thereto (or five (5) Business Days in case of a prepayment on the last day of an Interest Period); provided, that any prepayment of the Tranche A or Tranche B Loans shall be done on a pro-rata basis with respect to the aggregate principal amounts of the Commitments of each such Tranche in effect on the Drawdown Date. The notice referred to in the preceding sentence shall specify the date and amount of prepayment and whether the prepayment is of Tranche A Loans or Tranche B Loans; provided, that if a 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 2.12. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together with accrued interest to such date on the amount prepaid. Partial prepayments of Loans shall be in an aggregate principal amount equal to (x) 2.00% of the principal amounts of, collectively, Tranche A Commitments and Tranche B Commitments in effect on the Drawdown Date or (y) a whole multiple thereof. Amounts prepaid may not be re-borrowed.

(a) Subject to Section 2.12, any breakage costs, including any costs arising from the termination or modification of any interest rate swap or option, cross currency swap or option, or any other funding contract or arrangement entered into for purposes of funding the Loans or any portion thereof or setting the rate, in connection with any prepayment contemplated by this Section 2.4 shall be borne by the Borrower.

2.5 Repayment. The outstanding principal amount of each Loan shall be repaid in full on the Maturity Date. The Borrower may not repay and reborrow Loans hereunder.

2.6 Interest Rates and Payment Dates. Each Daily Simple SOFR Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to (i) Daily Simple SOFR as determined for such day plus (ii) the SOFR Adjustment plus (iii) the Applicable Margin.

(a) Each Cumulative Compounded RFR Rate Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to (i) Cumulative Compounded RFR Rate as determined for such day plus (ii) the Cumulative Compounded RFR Rate Adjustment plus (iii) the Applicable Margin.

(b) During the continuance of an Event of Default all outstanding Loans (whether or not overdue) shall bear interest at a rate per annum equal to the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section plus 2%. If all or a portion of any interest payable on any Loan or any fee or other amount payable hereunder (other than any amount to which the preceding sentence is applicable) shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum equal to the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this Section plus 2% from the date of such non-payment until such amount is paid in full (as well after as before judgment).

(c) Interest shall be payable in arrears on each Interest Payment Date; provided that interest accruing pursuant to paragraph (c) of this Section shall be payable from time to time on demand.

2.7 Computation of Interest and Fees. Interest and fees payable pursuant hereto shall be calculated on the basis of a 360-day year for the actual days elapsed, and fractions less than one (1) Yen or one (1) cent shall be rounded down. The Administrative Agent shall as soon as practicable notify the Borrower and the relevant Lenders of each determination of a Benchmark. Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on any Loan (or portion of a Loan) for the day on which such Loan is paid. For purposes of calculating accrued interest on all Loans, interest shall accrue on the first day of each Interest Period, but not the last day of such period.

(a) Each determination of an interest rate by the Administrative Agent pursuant to any provision of this Agreement shall be conclusive and binding on the Borrower and the Lenders in the absence of manifest error. The Administrative Agent shall, at the request of the Borrower, deliver to the Borrower a statement showing the quotations used by the Administrative Agent in determining any interest rate pursuant to Sections 2.6(a), (b) and (c).

2.8 Alternate Rate of Interest.

(a) Subject to clauses (b), (c), (d), (e) and (f) of this Section 2.8, if prior to the first day of any Interest Period for any Benchmark Borrowing denominated in any Agreed Currency:

(i) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining Daily Simple SOFR for Dollars, or the Cumulative Compounded RFR Rate for Yen, and for any requested Interest Period; or

(ii) the Administrative Agent is advised by the Required Lenders that Daily Simple SOFR for Dollars or the Cumulative Compounded RFR Rate for Yen for any requested Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan), including for the applicable currency and such Interest Period;

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 the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, the Loans subject to such notice shall bear interest at such rate as the

Administrative Agent reasonably determines adequately reflects the costs to the Lenders of maintaining such Loans.

(b) Benchmark Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, 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 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. (Tokyo 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.

(c) Benchmark Replacement Conforming Changes. 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.

(d) Notices; Standards for Decisions and Determinations. The Administrative Agent will promptly notify the Borrower and the Lenders of (i) any occurrence of a Benchmark Transition Event and its related Benchmark Replacement Date, (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 Section 2.8, 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 Section 2.8.

(e) Unavailability of Tenor of Benchmark. 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 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 “Interest Period” (or any similar term) 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 “Interest Period” (or any similar term) for all Benchmark settings at or after such time to reinstate such previously removed tenor.

(f) Benchmark Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, the Borrower may revoke any request for a Benchmark Borrowing of, conversion to or continuation of Benchmark Loans to be made, converted or continued during any Benchmark Unavailability Period and, failing that, any Benchmark Borrowing shall be ineffective. Furthermore, if any Benchmark Loan in any Agreed Currency is outstanding on the date of the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period, then until such time as a Benchmark Replacement for such Agreed Currency is implemented pursuant to this Section 2.8, the outstanding Loans shall bear interest at such rate as the Administrative Agent reasonably determines adequately reflects the costs to the Lenders of maintaining such Loans.

2.9 Pro Rata Treatment and Payments. Each Loan from the Lenders hereunder shall be made pro rata according to the respective Commitments of the Lenders.

(a) Each payment by the Borrower on account of principal of and interest on the Loans shall be made pro rata according to the then Dollar Equivalent of the respective outstanding principal amounts of the Loans then held by the Lenders; provided, that prepayments pursuant to Section 2.4(a) may be made on a non-pro-rata basis among Tranche A and Tranche B as provided for therein.

(b) 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 11:00 a.m., Tokyo time, on the due date thereof to the Administrative Agent, for the account of the Lenders, at the Funding Office, to the Applicable Agent Account in immediately available funds. Payments and prepayments of principal of and interest on Loans denominated in Yen shall be made in Yen; payments and prepayments of any amounts denominated in a currency other than Yen hereunder shall be made in Dollars. The Administrative Agent shall distribute such payments to the Lenders promptly upon receipt in like funds as received. If any payment becomes due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day unless the result of such extension would be to extend such payment into another calendar month, in which event such payment shall be made on the immediately preceding Business Day. In the case of any extension of any payment of principal pursuant to the preceding sentence, interest thereon shall be payable at the then applicable rate during such extension.

(c) Unless the Administrative Agent shall have been notified in writing by any Lender prior to the Borrowing Time on a Drawdown Date that such Lender will not make the amount that would constitute its share of such borrowing on such date available to the Administrative Agent, the Administrative Agent may assume that such Lender has made such amount available to the Administrative Agent on such Drawdown Date, and the Administrative Agent may, but shall not be so required to, in reliance upon such assumption, make available to the Borrower a corresponding amount. If such amount is not made available to the Administrative Agent by the required time on such Drawdown Date, and if the Administrative Agent makes such corresponding amount available to the Borrower, then such Lender shall pay to the Administrative Agent, on demand, such

amount with interest thereon, at a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, for the period until such Lender makes such amount immediately available to the Administrative Agent. A certificate of the Administrative Agent submitted to any Lender with respect to any amounts owing under this paragraph shall be conclusive in the absence of manifest error. If the Administrative Agent makes such Xxxxxx's share of such borrowing available to the Borrower, and if such Xxxxxx's share of such borrowing is not made available to the Administrative Agent by such Lender within three (3) Business Days after such Drawdown Date, the Administrative Agent shall also be entitled to recover such amount with interest thereon at the rate per annum applicable to such Loans, on demand, from the Borrower. The failure of any Lender to make any Loan on the Drawdown Date shall not relieve any other Lender of its obligation hereunder to make a Loan on such Drawdown Date pursuant to the provisions contained herein, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on the Drawdown Date.

(d) Unless the Administrative Agent shall have been notified in writing by the Borrower prior to the date of any payment due to be made by the Borrower hereunder that the Borrower will not make such payment to the Administrative Agent, the Administrative Agent may assume that the Borrower is making such payment, and the Administrative Agent may, but shall not be required to, in reliance upon such assumption, make available to the Lenders their respective pro rata shares of a corresponding amount. If such payment is not made to the Administrative Agent by the Borrower within three (3) Business Days after such due date, the Administrative Agent shall be entitled to recover, on five (5) Business Days’ demand, from each Lender to which any amount which was made available pursuant to the preceding sentence, such amount with interest thereon at the rate per annum applicable to the relevant Loans. Nothing herein shall be deemed to limit the rights of the Administrative Agent or any Lender against the Borrower.

2.10 Requirements of Law. If the adoption of or any change in any Requirement of Law or in the interpretation or application thereof or compliance by any Lender with any request or directive (whether or not having the force of law) from any central bank or other Governmental Authority made subsequent to the Closing Date (a “Change in Law”):

(i) shall subject any Lender to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) with respect to this Agreement or on any Loan made by it;

(ii) shall impose, modify or hold applicable any reserve, special deposit, compulsory loan or similar requirement against assets held by, deposits or other liabilities in or for the account of, advances, loans or other extensions of credit by, or any other acquisition of funds by, any office of such Lender that is not otherwise included in the determination of the Benchmark; or

(iii) shall impose on such Lender any other condition;

and the result of any of the foregoing is to increase the cost to such Lender, by an amount that such Lender deems to be material, of making or maintaining any Loans or to reduce any amount receivable hereunder in respect thereof, then, in any such case, the Borrower shall promptly pay such Lender, upon its demand, any additional amounts necessary to compensate such Lender for

such increased cost or reduced amount receivable. If any Lender becomes entitled to claim any additional amounts pursuant to this paragraph, it shall promptly notify the Borrower (with a copy to the Administrative Agent) of the event by reason of which it has become so entitled.

(b) If any Lender shall have determined that the adoption of or any change in any Requirement of Law regarding capital or liquidity adequacy or in the interpretation or application thereof or compliance by such Lender or any corporation controlling such Lender with any request or directive regarding capital adequacy or liquidity (whether or not having the force of law) from any Governmental Authority made subsequent to the Closing Date shall have the effect of reducing the rate of return on such Lender's or such corporation's capital as a consequence of its obligations hereunder to a level below that which such Lender or such corporation could have achieved but for such adoption, change or compliance (taking into consideration such Lender's or such corporation's policies with respect to capital adequacy or liquidity) by an amount deemed by such Lender to be material, then from time to time, after submission by such Lender to the Borrower (with a copy to the Administrative Agent) of a written request therefor, the Borrower shall pay to such Lender such additional amount or amounts as will compensate such Lender or such corporation for such reduction; provided, that the Borrower shall not be required to compensate a Lender pursuant to this paragraph for any amounts incurred more than six months prior to the date that such Lender notifies the Borrower of such Xxxxxx's intention to claim compensation therefor; and provided further, that, if the circumstances giving rise to such claim have a retroactive effect, then such six-month period shall be extended to include the period of such retroactive effect.

(c) A certificate as to any additional amounts payable pursuant to this Section submitted by any Lender to the Borrower (with a copy to the Administrative Agent) shall be conclusive in the absence of manifest error. The obligations of the Borrower pursuant to this Section shall survive the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.

(d) Notwithstanding anything herein to the contrary (i) all requests, rules, guidelines, requirements and directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or by United States or foreign regulatory authorities, in each case pursuant to Basel III, and (ii) the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and all requests, rules, guidelines, requirements and directives thereunder or issued in connection therewith or in implementation thereof, shall in each case be deemed to be a change in Requirements of Law, regardless of the date enacted, adopted, issued or implemented.

2.11 Taxes. All payments made by or on behalf of any Loan Party under this Agreement or any other Loan Document shall be made free and clear of, and without deduction or withholding for or on account of, any Taxes; provided, that if any Taxes are required to be deducted or withheld from any amounts payable to the Administrative Agent or any Lender, as determined in good faith by the applicable Withholding Agent, (x) the applicable Withholding Agent shall be entitled to make such deduction or withholding and shall timely pay the amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law and (y) if such Tax is an Indemnified Tax, then the sum payable by the Borrower to the Administrative Agent or such Lender shall be increased to the extent necessary so that after such deduction or withholding has been made (including such deductions and withholdings applicable to additional sums payable under this Section), the Administrative Agent or such Lender receives

an amount equal to the sum it would have received had no such withholding or deduction been made.

(a) In addition, the Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

(b) Whenever any Indemnified Taxes are payable by a Loan Party, as promptly as possible thereafter the Loan Party shall send to the Administrative Agent for its own account or for the account of the relevant Lender, as the case may be, a certified copy of an original official receipt received by the Loan Party showing payment thereof, a copy of the tax return reporting such payment or other evidence of such payment reasonably satisfactory to the Administrative Agent. Each of the Loan Parties shall, jointly and severally, indemnify each Recipient , within ten (10) days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by such Recipient or required to be withheld or deducted from a payment to the Recipient and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified 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 (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error.

(c) Each Lender shall severally indemnify the Administrative Agent, within ten (10) days after receiving demand therefor, for the full amount of (i) any Indemnified Taxes that are attributable to such Lender and that are payable or paid by the Administrative Agent (but only to the extent that Borrower has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower to do so), (ii) any Taxes attributable to such Xxxxxx’s failure to comply with the provisions of Section 8.6(b) relating to the maintenance of a Participant Register, and (iii) any Excluded Taxes attributable to such Lender, together in each case with all reasonable costs and expenses arising therefrom or with respect thereto, whether or not such Indemnified 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 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 any Loan Document or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this paragraph (d).

(d) Each Lender (or Transferee) that is a “United States person” as defined in Section 7701(a)(30) of the Code shall deliver to the Borrower and the Administrative Agent (or, in the case of a Participant, to the Lender from which the related participation shall have been purchased) on or before the date on which it becomes a party to this Agreement (and thereafter upon the reasonable request of the Borrower or Administrative Agent) two properly completed and duly signed copies of U.S. Internal Revenue Service Form W-9 (or any successor form) certifying that such Lender is exempt from U.S. federal backup withholding tax.

(e) Each Lender (or Transferee) that is not a "United States person" (a "Non-U.S. Lender") shall, to the extent legally entitled to do so, deliver to the Borrower and the Administrative Agent (or, in the case of a Participant, to the Lender from which the related participation shall have been purchased) on or about the date on which such Non-U.S. Lender becomes a Lender under this Agreement (or, in the case of any Participant, on or before the date such Participant purchases the related participation) and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent whichever of the following is applicable:

(i) in the case of a Non-U.S. Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, two PDF copies of either U.S. Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, U.S. Internal Revenue Service Form W-8BEN or Form W-8BEN-E establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty;

(ii) two PDF copies of U.S. Internal Revenue Service Form W-8ECI;

(iii) in the case of a Non-U.S. Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit E-1 to the effect that such Non-U.S. Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, or a “controlled foreign corporation” related to the Borrower as described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) two PDF copies of U.S. Internal Revenue Service Form W-8BEN or W-8BEN-E; or

(iv) to the extent a Non-U.S. Lender is not the beneficial owner, two PDF copies of U.S. Internal Revenue Service Form W-8IMY, accompanied by U.S. Internal Revenue Service Form W-8ECI, U.S. Internal Revenue Service Form W-8BEN, U.S. Internal Revenue Service Form W-8BEN-E, a U.S. Tax Compliance Certificate substantially in the form of Exhibit E-2 or Exhibit E-3, U.S. Internal Revenue Service Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Non-U.S. Lender is a partnership and one or more direct or indirect partners of such Non-U.S. Lender are claiming the portfolio interest exemption, such Non-U.S. Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit E-4 on behalf of each such direct and indirect partner.

(f) Each Non-U.S. Lender shall deliver any other form prescribed by applicable requirements of U.S. federal income tax law as a basis for claiming exemption from or a reduction in U.S. federal withholding tax, duly completed together with such supplementary documentation as may be prescribed by applicable requirements of law to permit the Borrower and the Administrative Agent to determine the withholding or deduction required to be made. Such forms shall be delivered by each Non-U.S. Lender on or before the date it becomes a party to this Agreement (or, in the case of any Participant, on or before the date such Participant purchases the related participation) and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent. Notwithstanding any other provision of this Section, a Lender

shall not be required to deliver any form pursuant to this Section that such Lender is not legally able to deliver, and the completion, execution and submission of such documentation shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender.

(g) A Lender (or participant) that is entitled to an exemption from or reduction of non-U.S. withholding tax under the law of the jurisdiction in which the Borrower is located, or any treaty to which such jurisdiction is a party, with respect to payments under this Agreement shall deliver to the Borrower (with a copy to the Administrative Agent), at the time or times prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable law as will permit such payments to be made without withholding or at a reduced rate; provided, that such Lender (or Participant) is legally entitled to complete, execute and deliver such documentation and in such Lender's (or Participant's) reasonable judgment such completion, execution or submission would not subject such Lender (or Participant) to a material unreimbursed cost or expense and would not materially prejudice the legal or commercial position of such Lender (or Participant).

(h) 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 Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable 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 and to determine that such Lender has complied with such Lender's obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this paragraph (g), "FATCA" shall include any amendments made to FATCA after the date of this Agreement. The Borrower, the Administrative Agent and each Lender agree that, for purposes of determining withholding Taxes imposed under FATCA, this Agreement does not qualify as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

(i) Each Lender agrees that if any form or certification it previously delivered pursuant to this Section 2.11 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so.

(j) If the Administrative Agent or a Lender determines, in its sole good faith discretion, that it has received a refund of any Indemnified 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 2.11, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 2.11 with respect to Indemnified Taxes giving rise to such refund), net of all 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); provided, that the Borrower agrees to pay, upon the request of the Administrative Agent or such Lender, the amount paid over to the Borrower pursuant to this paragraph (k) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender in the event that the Administrative Agent or such Lender is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this paragraph (k), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (k) the payment of which would place the indemnified party in a less favorable net after-tax position than the indemnified party would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts giving rise to such refund had never been paid. This Section 2.11(k) shall not be construed to require the Administrative Agent or a Lender to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to the Borrower.

(k) The agreements in this Section shall survive the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.

2.12 Indemnity. The Borrower agrees to indemnify each Lender for, and to hold each Lender harmless from, any loss or expense that such Lender may sustain or incur as a consequence of (a) default by the Borrower in making a borrowing of Loans on the Drawdown Date, (b) default by the Borrower in making any prepayment of Loans after the Borrower has given a notice thereof in accordance with the provisions of this Agreement, (c) the making of a prepayment of the Loans on a day that is not the last day of an Interest Period with respect thereto, or (d) the assignment of any Loan other than on the last day of an Interest Period with respect thereto, as the result of a request by the Borrower pursuant to Section 2.15(a); provided, however, that the Borrower shall not be obligated to indemnify a Defaulting Lender that is not a Performing Lender for any such loss or expense (incurred while such Lender was a Defaulting Lender) related to the prepayment or assignment of any Loan owed to such Defaulting Lender. A certificate as to any amounts payable pursuant to this Section submitted to the Borrower by any Lender shall be conclusive in the absence of manifest error. This covenant shall survive the termination of this Agreement and the payment of the Loans and all other amounts payable hereunder.

2.13 Change of Lending Office. Each Lender agrees that, upon the occurrence of any event giving rise to the operation of Section 2.10 or 2.11(a) with respect to such Lender, it will, if requested by the Borrower, use reasonable efforts (subject to overall policy considerations of such Lender) to designate another lending office for any Loans affected by such event with the object of avoiding the consequences of such event; provided, that such designation is made on terms that, in the sole judgment of such Lender, cause such Lender and its lending office(s) to suffer no economic, legal or regulatory disadvantage; and provided, further, that nothing in this Section shall affect or postpone any of the obligations of the Borrower or the rights of any Lender pursuant to Section 2.10 or 2.11(a).

2.14 Illegality. If, after the date of this Agreement, the introduction of, or any change in, any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority shall, in the reasonable opinion of counsel to any Lender, make it unlawful for such Lender to make or maintain any Benchmark Loan or if it becomes unlawful and/or contrary to Sanctions Laws, or declared to be contrary to Sanctions Laws or sanctionable

by any Sanctions Authority for such Lender to make or maintain any Benchmark Loan, then such Lender may, by notice to the Borrower (with notice to the Administrative Agent), immediately declare that such Benchmark Loan shall be due and payable. The Borrower shall repay any such Benchmark Loan declared so due and payable in full on the last day of the Interest Period applicable thereto or earlier if required by law, together with accrued interest thereon. Each Lender will promptly notify the Borrower and the Administrative Agent of any event of which such Lender has knowledge which would entitle it to repayment pursuant to this Section 2.14 and will use its reasonable efforts to mitigate the effect of any event if, in the sole and absolute opinion of such Lender, such efforts will avoid the need for such prepayment and will not be otherwise disadvantageous to such Lender.

2.15 Replacement of Lenders. (a) The Borrower shall be permitted to replace any Lender (i) that has failed to consent to a proposed amendment, waiver or other modification that, pursuant to the terms of Section 8.1 requires the consent of all Lenders, or all affected Lenders, and with respect to which the Required Lenders shall have granted their consent or (ii) that requests reimbursement for amounts owing pursuant to Section 2.10 or 2.11(a) with a replacement financial institution; provided, that (i) such replacement does not conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at the time of such replacement, (iii) prior to any such replacement, such Lender shall have taken no action under Section 2.13 so as to eliminate the continued need for payment of amounts owing pursuant to Section 2.10 or 2.11(a), (iv) the replacement financial institution shall purchase, at par, in immediately available funds, all Loans and other amounts owing to such replaced Lender on or prior to the date of replacement, (v) the Borrower shall be liable to such replaced Lender under Section 2.12 if any Benchmark Loan owing to such replaced Lender shall be purchased other than on the last day of the Interest Period relating thereto, (vi) the replacement financial institution, if not already a Lender, shall be reasonably satisfactory to the Administrative Agent, (vii) the replaced Lender shall be obligated to make such replacement in accordance with the provisions of Section 8.6 (provided, that the Borrower shall be obligated to pay the registration and processing fee referred to therein) and (viii) the Borrower shall remain liable to such replaced Lender for all additional amounts (if any) required pursuant to Section 2.10 or 2.11(a), as the case may be.

(b) The Borrower shall be permitted to replace any Defaulting Lender with a replacement financial institution; provided, that (i) such replacement does not conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at the time of such replacement, (iii) the replacement financial institution shall purchase, at par, in immediately available funds, all Loans and other amounts owing to such replaced Lender on or prior to the date of replacement, (iv) the replacement financial institution, if not already a Lender, shall be reasonably satisfactory to the Administrative Agent, (v) the replaced Lender shall be obligated to make such replacement in accordance with the provisions of Section 8.6 (provided, that the Borrower shall be obligated to pay the registration and processing fee referred to therein) and (vi) any such replacement shall not be deemed to be a waiver of any rights that the Borrower, the Administrative Agent or any other Lender shall have against the replaced Lender. To the extent the Borrower is unable to replace any Defaulting Lender with a replacement financial institution, the Borrower may remove such Defaulting Lender by repaying such Defaulting Lender’s outstanding Loans and reducing the aggregate Commitments by an amount equal to such Defaulting Lender’s Commitment.

2.16 Judgment Currency.

(a) 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.

(b) The obligations of the Borrower in respect of any sum due to any party hereto or any holder of the obligations owing hereunder (the "Applicable Creditor") shall, notwithstanding any judgment in a currency (the "Judgment Currency") other than the currency in which such sum is stated to be due hereunder (the "Agreement Currency"), 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 as a separate obligation and notwithstanding any such judgment, agrees to indemnify the Applicable Creditor against such loss. The obligations of the Borrower contained in this Section shall survive the termination of this Agreement and the payment of all other amounts owing hereunder.

2.17 Net-Settlement. Notwithstanding Section 2.2 with respect to each Lender’s obligation to make its respective amount of the Loans listed on Schedule 1.1 available to the Administrative Agent prior to the Borrowing Time, the Administrative Agent may offset (a) the principal amount of the outstanding Refinanced Loans of such Lender as of the Drawdown Date against (b) the Commitment of such Lender as set forth on Schedule 1.1 in such manner as the Administrative Agent under this Agreement, the Administrative Agent under the Existing Loan Agreement, and such Lender, as applicable, may agree. For the avoidance of doubt, (x) only the Refinanced Loans made in Dollars by any Lender may be offset against such Lender’s Dollar Commitments and (y) only the Refinanced Loans made in Yen by any Lender may be offset against such Xxxxxx’s Yen Commitments.

SECTION 3. REPRESENTATIONS AND WARRANTIES

To induce the Administrative Agent and the Lenders to enter into this Agreement and to make the Loans, the Borrower hereby represents and warrants to the Administrative Agent and each Lender that:

3.1 No Change. Since December 31, 2022, there has been no development or event that has had or could reasonably be expected to have a Material Adverse Effect.

3.2 Existence; Compliance with Law. The Borrower (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the power and authority, and the legal right, to own and operate its property and to conduct the business in which it is currently engaged, (c) is duly qualified as a foreign corporation and in good standing under the laws of each jurisdiction where its ownership or operation of property or the conduct of its business requires such qualification except where the failure to be so duly qualified could not reasonably be expected to have a Material Adverse Effect and (d) is in compliance with all Requirements of Law except to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

3.3 Power; Authorization; Enforceable Obligations. The Borrower has the power and authority, and the legal right, to make, deliver and perform the Loan Documents to which it is a party and to obtain Loans hereunder. The Borrower has taken all necessary organizational action to authorize the execution, delivery and performance of the Loan Documents to which it is a party and to authorize the Loans on the terms and conditions of this Agreement. No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the Loans hereunder or with the execution, delivery, performance, validity or enforceability of this Agreement or any of the Loan Documents to which the Borrower is a party, except consents, authorizations, filings and notices described in Schedule 3.3, which consents, authorizations, filings and notices have been obtained or made and are in full force and effect. Each Loan Document to which the Borrower is a party has been duly executed and delivered on behalf of the Borrower. This Agreement constitutes, and each other Loan Document to which the Borrower is a party, upon execution will constitute, a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law).

3.4 No Legal Bar. The execution, delivery and performance of this Agreement and the other Loan Documents to which the Borrower is a party, the borrowings hereunder and the use of the proceeds thereof will not violate any Requirement of Law or any Contractual Obligation of the Borrower and will not result in, or require, the creation or imposition of any Lien (other than any Borrower Permitted Lien) on any of the Borrower's properties or revenues pursuant to any Requirement of Law or any such Contractual Obligation. No Requirement of Law or Contractual Obligation applicable to the Borrower could reasonably be expected to have a Material Adverse Effect.

3.5 Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Borrower, threatened by or against the Borrower or against any of its properties or revenues (a) with respect to any of the Loan Documents to which the Borrower is a party or any of the transactions contemplated hereby or thereby, or (b) that could reasonably be expected to have a Material Adverse Effect.

3.6 No Default. The Borrower is not in default under or with respect to any of its Contractual Obligations in any respect that could reasonably be expected to have a Material Adverse Effect. No Default or Event of Default has occurred and is continuing.

3.7 Ownership of Property; Liens. The Borrower has good title to all its property, and none of such property is subject to any Lien other than Borrower Permitted Liens.

3.8 Taxes. The Borrower has filed or caused to be filed all federal, state and other material Tax returns that are required to be filed and has paid all Taxes shown to be due and payable on said returns or on any assessments made against it or any of its property and all other Taxes, fees or other charges imposed on it or any of its property by any Governmental Authority (other than any Taxes, fees or other charges the amount or validity of which are currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided on the books of the Borrower). No Tax Lien (other than any Borrower Permitted Lien) has been filed, and, to the knowledge of the Borrower, no claim is being asserted, with respect to any such tax, fee or other charge.

3.9 Federal Regulations. No part of the proceeds of any Loans will be used for "buying" or "carrying" any "margin stock" within the respective meanings of each of the quoted terms under Regulation U as now and from time to time hereafter in effect or for any purpose that violates the provisions of the applicable margin regulations of the Federal Reserve Board. If requested by any Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3 or FR Form U-1, as applicable, referred to in Regulation U.

3.10 Investment Company Act; Other Regulations. The Borrower is not an "investment company", or a company "controlled" by an "investment company", within the meaning of the Investment Company Act of 1940, as amended. The Borrower is not subject to regulation under any Requirement of Law (other than Regulation X) that limits its ability to incur Indebtedness.

3.11 No Subsidiaries. The Borrower has no direct or indirect Subsidiaries.

3.12 Use of Proceeds. The proceeds of the Loans shall be used for general corporate purposes. Each Loan Party shall ensure that proceeds of the Loans received by Bunge Global SA and, at all times while any Loans are outstanding, used in Switzerland do not exceed the amount accepted by the Swiss federal tax administration as set out in their practice note 010-DVS-2019 dated February 5, 2019 regarding Swiss withholding tax in the group (Mitteilung-010-DVS-2019-d vom 5. Februar 2019 - Verrechnungssteuer: Guthaben im Konzern).

3.13 Solvency. Each Loan Party is, and after giving effect to the incurrence of all Indebtedness and obligations being incurred in connection herewith and therewith will be and will continue to be, Solvent.

3.14 Limited Purpose. The Borrower shall not engage in any business or enterprise or enter into or be a party to any transaction or agreement other than in connection with (i) borrowing under the Commitments hereunder, (ii) the incurrence of other Permitted Indebtedness, (iii) the entering into of Hedge Agreements relating to the Commitments hereunder or the other Permitted Indebtedness having a notional amount not exceeding the aggregate principal amount of such Commitments and such other Permitted Indebtedness then outstanding and (iv) the use of the net proceeds from the borrowings hereunder or the other Permitted Indebtedness to either increase its investments in intercompany loans or to repurchase, redeem or repay the borrowings hereunder or other Permitted Indebtedness outstanding from time to time or pay expenses incurred in connection with such Permitted Indebtedness.

3.15 Financial Condition; Beneficial Ownership Certification. The balance sheet of the Borrower as at December 31, 2022 and the related statements of income for the fiscal year ended on such date, reported on by the Borrower's independent public accountants, copies of which have heretofore been furnished to the Administrative Agent, are complete and correct, in all material respects, and present fairly the financial condition of the Borrower as at such date, and the results of operations for the fiscal year then ended. Such financial statements, including any related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the external auditors and as disclosed therein, if any). As of the Second Amendment Effective Date, the information included in the Beneficial Ownership Certification of the Borrower is true, complete and correct.

3.16 Disclosure. No report, financial statement, certificate or other information furnished (whether in writing or orally) by or on behalf of the Borrower to any Mandated Lead Arranger in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder (as modified or supplemented by other information so furnished) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, that, with respect to projected financial information, the Borrower represents only that such information was prepared in good faith by the management of the Borrower on the basis of assumptions believed by such management to be reasonable as of the time made.

3.17 Pari Passu. All of the Borrower’s Obligations under the Loan Documents rank pari passu with the claims of all its other unsecured and unsubordinated creditors (other than any such claims that are preferred by mandatory provisions of law).

3.18 Sanctions Laws. The Borrower is, to the extent applicable, in compliance with Sanctions Laws and with the Foreign Corrupt Practices Act of 1977, as amended, and the rules and regulations thereunder (the “FCPA”) and any other applicable anti-corruption law, in all material respects. The Borrower is not, and no director or senior officer of the Borrower is, any of the following: (a) a Restricted Person; (b) a Person owned 50% or more or controlled by, or acting on behalf of, any Restricted Person; or (c) a Person that commits, threatens or conspires to commit or support "terrorism" as defined in the Executive Order.

3.19 No Organized Crime Group or Violent Act. The Borrower is not an Organized Crime Group and is not conducting any Violent Act.

3.20 Financial Institutions. No Loan Party is an EEA Financial Institution or a UK Financial Institution.

SECTION 4. CONDITIONS PRECEDENT

4.1 Conditions to Effectiveness. This Agreement became effective on the Closing Date. The obligation of the Lenders to fund the Loans was subject to satisfaction of the following conditions on the Drawdown Date:

(a) Credit Agreement; Guaranty Agreement. The Administrative Agent shall have received (i) this Agreement executed and delivered by the Administrative Agent, the Borrower and each Person listed on Schedule 1.1 and (ii) the Guaranty Agreement, executed and delivered by the Guarantor.

(b) Fees. The Administrative Agent shall have received, for its own account or for the account of the relevant Mandated Lead Arranger and/or Lender, as the case may be, all fees required to be paid, and all expenses for which invoices have been presented (including the reasonable fees and expenses of legal counsel), on or before the Drawdown Date.

(c) Closing Certificates; Good Standing Certificates. The Administrative Agent shall have received (i) a Responsible Officer's certificate of the Borrower substantially in the form of Exhibit B-1, and a secretary's certificate of the Borrower substantially in the form of Exhibit B-2, with appropriate insertions and attachments satisfactory in form and substance to the Administrative Agent, including (A) the certificate of incorporation of

the Borrower, certified by the relevant authority of the jurisdiction of organization of the Borrower, and the bylaws of the Borrower, (B) Board of Directors resolutions in respect of the Loan Documents to which the Borrower is a party, and (C) incumbency certificates with respect to the Borrower, (ii) a Responsible Officer's certificate of Xxxxx Limited, as the Guarantor, substantially in the form of Exhibit B-3, and a certificate of the secretary or assistant secretary of Xxxxx Limited as the Guarantor, substantially in the form of Exhibit B-4, with appropriate insertions and attachments satisfactory in form and substance to the Administrative Agent, including (A) the certificate of incorporation and memorandum of association of the Guarantor and the bye-laws of the Guarantor, (B) Board of Directors resolutions in respect of the Loan Documents to which the Guarantor is a party, and (C) incumbency certificates with respect to the Guarantor, and (iii) a good standing certificate (or similar certificate) for each of the Borrower and the Guarantor from their respective jurisdictions of organization.

(d) Legal Opinions. The Administrative Agent shall have received the following executed legal opinions:

(i) the legal opinion of Xxxx Xxxxx LLP, New York counsel to the Borrower and New York counsel to Bunge Limited as the Guarantor, substantially in the form of Exhibit D-1; and

(ii) the legal opinion of Xxxxxxx Xxxx & Xxxxxxx Limited, Bermuda counsel to Xxxxx Limited as the Guarantor, substantially in the form of Exhibit D-2.

Each such legal opinion shall cover such other matters incident to the transactions contemplated by this Agreement as the Administrative Agent may reasonably require.

(e) Representations and Warranties. Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents shall be true and correct in all material respects on and as of such date; provided, that, the representations and warranties made in Sections 3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.9, 3.13, 3.14, 3.15, 3.16, 3.17 and 3.18 shall be true and correct in all respects as of such date.

(f) Compliance with Laws. The Administrative Agent shall have received evidence reasonably satisfactory to it that the business conducted and proposed to be conducted by the Borrower and the Guarantor is in compliance with all Requirements of Law and regulations and that all registrations, filings and licenses and/or consents required to be obtained by the Borrower or the Guarantor, as the case may be, in connection therewith have been made or obtained and are in full force and effect, except to the extent that the failure to comply with the foregoing could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

(g) Guarantor Financials. The Administrative Agent shall have received (i) audited consolidated financial statements of the Guarantor for its fiscal year ended December 31, 2018, and (ii) unaudited consolidated financial statements for its fiscal quarter ended March 31, 2019.

(h) Guarantor and Borrower Rating. The Administrative Agent shall have received evidence reasonably satisfactory to it that the Guarantor's long-term unsecured

debt rating or senior implied rating, as applicable, is at least "BBB-" by S&P and the Borrower's long-term unsecured debt rating is at least "Baa3" by Moody's.

(i) No Default. No Default or Event of Default shall have occurred and be continuing.

(j) Beneficial Ownership Certification. To the extent the Borrower qualifies as a “legal entity customer” under the Beneficial Ownership Regulation, each Lender that has requested, in a written notice to the Borrower at least ten (10) days prior to the Closing Date, a Beneficial Ownership Certification in relation to the Borrower, shall have received such Beneficial Ownership Certification at least five (5) days prior to the Closing Date (provided, that, upon the execution and delivery by such Lender of its signature page to this Agreement, the condition set forth in this clause (k) shall be deemed to be satisfied).

(k) Repayment of Refinanced Loans. The Refinanced Loans under the Existing Loan Agreement, together with all interest accrued thereon and any fees that are due and payable in connection therewith, shall have been paid in full.

SECTION 5. COVENANTS

While this Agreement is in effect (i.e., until all indebtedness and other amounts payable by the Borrower hereunder have been paid in full and the Lenders no longer have any Commitments hereunder), the Borrower agrees that:

5.1 Affirmative Covenants. The Borrower shall:

(a) Provide the Administrative Agent all information that the Administrative Agent may reasonably request in writing concerning the business of the Borrower within a reasonable period of time considering the nature of the request; provided, that with respect to any information relating to an annual audited report, the same may be delivered within one hundred and twenty (120) calendar days after the end of the Borrower's fiscal year.

(b) Take all actions necessary to ensure that all taxes and other governmental claims in respect of the Borrower's operations and assets are promptly paid when due, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves to the extent required by GAAP with respect thereto have been provided on the books of the Borrower.

(c) Comply with all Requirements of Law except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect on its ability to perform its obligations under the Loan Documents and in all material respects with Sanctions Laws.

(d) Advise the Administrative Agent of the occurrence of each Default or Event of Default as promptly as practicable after the Borrower becomes aware of any such Default or Event of Default, along with full details of any steps it has taken or intends to take to remedy or mitigate the effect of such Default or Event of Default.

(e) Furnish to the Administrative Agent in sufficient number for each Lender as soon as available, but in any event within one hundred and twenty (120) days after the end of each fiscal year of the Borrower, audited financial statements consisting of the balance sheet of the Borrower as of the end of such year and the related statements of income and retained earnings and statements of cash flow for such year, setting forth in each case in comparative form the corresponding figures for the previous fiscal year, certified by independent certified public accountants satisfactory to the Administrative Agent to the effect that such financial statements fairly present in all material respects the financial condition and results of operations of the Borrower in accordance with GAAP consistently applied.

(f) Furnish to the Administrative Agent as soon as available but in any event within sixty (60) days after the end of each of the first three quarters for each fiscal year of the Borrower, unaudited financial statements consisting of a balance sheet of the Borrower as at the end of such quarter and a statement of income and retained earnings and of cash flow for such quarter, setting forth (in the case of financial statements furnished for calendar quarters subsequent to the first full calendar year of the Borrower) in comparative form the corresponding figures for the corresponding quarter of the preceding fiscal year.

(g) Furnish, or cause to be furnished, to the Administrative Agent together with the financial statements required pursuant to clause (e) and clause (f) a certificate of a Responsible Officer of the Borrower stating that the attached financial statements have been prepared in accordance with GAAP and accurately reflect the financial condition of the Borrower.

(h) (i) Except as otherwise permitted by the Loan Documents, preserve, renew and keep in full force and effect its corporate existence and (ii) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business.

(i) Use the proceeds from the Loans hereunder for general corporate purposes.

(j) Provide to the Administrative Agent the following notices and documents (provided, that, solely with respect to clauses (i), (ii) and (iii) below, the Borrower shall only be obligated to provide such notices and documents to the extent that any of the events or occurrences described in such clauses is reasonably expected to result in a material liability):

(i) promptly and in any event within ten (10) days after the Borrower or any of its ERISA Affiliates knows or has reason to know that any ERISA Event has occurred, a statement of the chief financial officer of the Borrower or such ERISA Affiliate describing such ERISA Event and the action, if any, that the Borrower or such ERISA Affiliate has taken and proposes to take with respect thereto;

(ii) promptly and in any event within two (2) Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan or to have a trustee appointed to administer any Plan;

(iii) promptly and in any event within five (5) Business Days after receipt thereof by the Borrower or any of its ERISA Affiliates from the sponsor of a Multiemployer Plan, copies of each notice concerning (A) the imposition of Withdrawal Liability by any such Multiemployer Plan, (B) the termination, within the meaning of Title IV of ERISA, of any such Multiemployer Plan or (C) the amount of liability incurred, or that may be incurred, by the Borrower or any ERISA Affiliate in connection with any event described in clause (A) or (B) above; and

(iv) promptly upon request, copies of (A) any documents described in Section 101(k) of ERISA that the Borrower or any of its ERISA Affiliates may request with respect to any Multiemployer Plan, and (B) any notices described in Section 101(l) of ERISA that the Borrower or any of its ERISA Affiliates may request with respect to any Multiemployer Plan; provided, that if the Borrower or the applicable ERISA Affiliate has not requested such documents or notices from the administrator or sponsor of the applicable Multiemployer Plan, upon the request of the Administrative Agent, which request shall not be more frequent than once during any twelve (12) month period, the Borrower or applicable ERISA Affiliate shall promptly make a request for such documents or notices and shall provide copies of such documents and notices promptly and in any event within five (5) Business Days after receipt thereof.

(k) Promptly upon a Responsible Officer of the Borrower becoming aware that the Borrower has received formal notice that it has become subject of any action or investigation under any Sanctions Laws, the Borrower shall, to the extent permitted by law, supply to the Administrative Agent details of any such action or investigation.

(l) Promptly upon the request of the Administrative Agent, the Borrower shall provide to the Administrative Agent the information reasonably requested, to the extent such information is available to the Borrower, in connection with applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act, in each case in accordance with the Borrower’s past practices.

(m) Advise the Administrative Agent of any change in the information provided in the Beneficial Ownership Certification of the Borrower provided to the Administrative Agent or any Lender that would result in a change to the list of beneficial owners identified in parts (c) or (d) of such certification.

(n) Promptly upon a Responsible Officer of the Borrower becoming aware of any change in the credit rating of the Borrower, the Borrower shall supply to the Administrative Agent details of any such change in credit rating.

5.2 Negative Covenants. The Borrower will not:

(a) Contract for, create, incur, assume or suffer to exist any Lien, security interest, charge or other encumbrance of any nature upon any of its property or assets, whether now owned or hereafter acquired other than Borrower Permitted Liens.

(b) Create, incur, assume or suffer to exist any Indebtedness, whether current or funded, or any other liability except Permitted Indebtedness.

(c) Except for loans made to any Subsidiary of the Guarantor, make any loan or advance or credit to, or guarantee (directly or indirectly or by an instrument having the effect of assuring another's payment or performance on any obligation or capability of so doing or otherwise), endorse or otherwise become contingently liable, directly or indirectly, in connection with the obligations, stocks or dividends of, or own, purchase, repurchase or acquire (or agree contingently to do so) any assets, stock, obligations or securities of, or any other interest in, or make any capital contribution to, any other Person.

(d) Enter into any merger, consolidation, joint venture, syndicate or other form of combination with any Person, or sell, lease or transfer or otherwise dispose of any of its assets or receivables or purchase any asset, or engage in any transaction which would result in the Borrower ceasing to be, directly or indirectly, a wholly-owned Subsidiary of Guarantor.

(e) Enter into or be a party to any agreement or instrument other than the Loan Documents, and any agreement or instrument related to the incurrence of Permitted Indebtedness.

(f) Except as permitted by any Loan Document, make any expenditure (by long-term or operating lease or otherwise), excluding those relating to foreclosure, for capital assets (both realty and personalty), unless such expenditure is approved in writing by the Administrative Agent.

(g) Engage in any business or enterprise or enter into any material transaction other than as contemplated by the Loan Documents.

(h) Amend its certificate of incorporation or bylaws without the prior written consent of the Administrative Agent.

(i) Enter into any Hedge Agreement other than Hedge Agreements entered into in the ordinary course of business to hedge or mitigate risks directly arising from its borrowings under this Agreement or other Permitted Indebtedness.

(j) Knowingly permit or authorize any Person to, directly or indirectly, use, lend, make payments of, contribute or otherwise make available, all or any part of the proceeds of the Loans or other transactions contemplated by this Agreement (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment, or giving of money, or anything else of value, to any Person in violation of the FCPA or any other applicable anti-corruption law, (ii) to fund any trade, business or other activities involving or for the benefit of any Restricted Person except as otherwise permitted or authorized by the Sanctions Laws or the Sanctions Authorities, including, without limitation, as authorized by OFAC general or specific license, or (iii) in any other manner that would result in the Borrower, the Guarantor, the Administrative Agent, a Mandated Lead Arranger or any Lender being in breach of any Sanctions Laws or becoming a Restricted Person.

(k) Become an Organized Crime Group or commit a Violent Act.

5.3 Use of Websites.

(a) The Borrower may satisfy its obligation to deliver any public information to the Lenders by posting this information onto an electronic website designated by the Borrower and the Administrative Agent (the "Designated Website") by notifying the Administrative Agent (i) of the address of the website together with any relevant password specifications and (ii) that such information has been posted on the website; provided, that in any event the Borrower shall supply the Administrative Agent with one copy in paper form of any information which is posted onto the website.

(b) The Administrative Agent shall supply each Lender with the address of and any relevant password specifications for the Designated Website following designation of that website by the Borrower and the Administrative Agent.

(i) the Designated Website cannot be accessed due to technical failure;

(ii) the password specifications for the Designated Website change;

(iii) any new information which is required to be provided under this Agreement is posted onto the Designated Website;

(iv) any existing information which has been provided under this Agreement and posted onto the Designated Website is amended; or

(v) the Borrower becomes aware that the Designated Website or any information posted onto the Designated Website is or has been infected by any electronic virus or similar software.

If the Borrower notifies the Administrative Agent under Section 5.3(c)(i) or Section 5.3(c)(v) above, all information to be provided by the Borrower under this Agreement after the date of that notice shall be supplied in paper form unless and until the Administrative Agent is satisfied that the circumstances giving rise to the notification are no longer continuing.

SECTION 6. EVENTS OF DEFAULT

If any of the following events shall occur and be continuing:

(a) the Borrower shall fail to pay any principal of any Loan when due in accordance with the terms hereof; or the Borrower shall fail to pay any interest on any Loan, fees or any other amount payable hereunder or under any other Loan Document, within three (3) days after any such interest, fees or other amount becomes due in accordance with the terms hereof; or

(b) any representation or warranty made or deemed made by the Borrower or the Guarantor herein or in any other Loan Document or that is contained in any certificate, document or financial or other statement furnished by it at any time under or in connection with this Agreement or any such other Loan Document shall prove to have been inaccurate in any material respect on or as of the date made or deemed made; or

(c) the Borrower shall default in the observance or performance of any agreement contained in Section 5.1(d), Section 5.1(h)(i) or Section 5.2 of this Agreement or the Guarantor shall default in the observance or performance of any agreement contained in Sections 8.1(c), 8.1(g)(i), 8.1(h) or 8.2 of the Guaranty Agreement; or

(d) the Borrower or the Guarantor shall default in the observance or performance of any other agreement contained in this Agreement or any other Loan Document (other than as provided in paragraphs (a) through (c) of this Section), and such default shall continue unremedied for a period of thirty (30) days after the earlier of (i) the date on which a Responsible Officer of the Borrower or the Guarantor has knowledge of such default and (ii) the Borrower or the Guarantor receives written notice thereof from the Administrative Agent or the Required Lenders; or

(e) any Group Member shall (i) default in making any payment of any principal of any Indebtedness (including any Guarantee Obligation, but excluding the Loans) on the scheduled or original due date with respect thereto; or (ii) default in making any payment of any interest on any such Indebtedness beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or (iii) default in the observance or performance of any other agreement or condition relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness (or a trustee or agent on behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become due prior to its stated maturity or (in the case of any such Indebtedness constituting a Guarantee Obligation) to become payable; provided, that a default, event or condition described in clause (i), (ii) or (iii) of this paragraph (e) shall not at any time constitute an Event of Default unless, at such time, one or more defaults, events or conditions of the type described in clauses (i), (ii) and (iii) of this paragraph (e) shall have occurred and be continuing with respect to Indebtedness the outstanding Dollar Equivalent principal amount of which exceeds in the aggregate $100,000,000; or

(f) (i) any Group Member shall commence any case, proceeding or other action (A) under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for it or for all or any substantial part of its assets, or any Group Member shall make a general assignment for the benefit of its creditors; or (ii) there shall be commenced against any Group Member any case, proceeding or other action of a nature referred to in clause (i) above that (A) results in the entry of an order for relief or any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of sixty (60) days; or (iii) there shall be commenced against any Group Member any case, proceeding or other action seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending appeal within sixty (60) days from the entry thereof; or (iv) any Group Member shall take any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth in clause (i), (ii) or (iii) above; or (v) any Group Member shall

generally not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or

(g) one or more judgments or decrees shall be entered against any Group Member involving in the Dollar Equivalent aggregate a liability (not paid or fully covered by insurance as to which the relevant insurance company has acknowledged coverage) of $100,000,000 or more, and all such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within thirty (30) days from the entry thereof; or

(h) any of the Loan Documents shall cease, for any reason, to be in full force and effect or the Borrower or the Guarantor shall so assert in writing; or

(i) a Change in Control of the Guarantor shall have occurred; or

(j) the Borrower shall become an "investment company" within the meaning of the Investment Company Act of 1940, as amended, and shall not be exempt from compliance under such Investment Company Act of 1940;

then, and in any such event, (A) if such event is an Event of Default specified in paragraph (f) above with respect to the Borrower or the Guarantor, then in such case automatically the Commitments shall immediately terminate and the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents shall immediately become due and payable, and (B) if such event is any other Event of Default, any or all of the following actions may be taken: (i) with the consent of the Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Commitments to be terminated forthwith, whereupon the Commitments shall immediately terminate; and (ii) with the consent of the Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Loans (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents to be due and payable forthwith, whereupon the same shall immediately become due and payable. Except as expressly provided above in this Section, presentment, demand, protest and all other notices of any kind are hereby expressly waived by the Borrower.

SECTION 7. THE ADMINISTRATIVE AGENT

7.1 Appointment. Each Lender hereby irrevocably designates and appoints the Administrative Agent as the agent of such Lender under this Agreement and the other Loan Documents, and each such Lender irrevocably authorizes the Administrative Agent, in such capacity, to take such action on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are expressly delegated to the Administrative Agent by the terms of this Agreement and the other Loan Documents, together with such other powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative Agent shall not have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the Administrative Agent.

7.2 Delegation of Duties. The Administrative Agent may execute any of its duties under this Agreement and the other Loan Documents by or through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agents or attorneys in-fact selected by it with reasonable care.

7.3 Exculpatory Provisions. Neither the Administrative Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or Affiliates shall be (i) liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except to the extent that any of the foregoing are found by a court of competent jurisdiction in a final and non-appealable judgment to have resulted from its or such Person's own gross negligence or willful misconduct) or (ii) responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by any Loan Party or any officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of any Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party.

7.4 Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely, and shall be fully protected in relying, upon any instrument, writing, resolution, notice, consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons and upon advice and statements of legal counsel (including counsel to the Guarantor or the Borrower), independent accountants and other experts selected by the Administrative Agent. The Administrative Agent may deem and treat the payee of any note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the Administrative Agent. The Administrative Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Required Lenders (or, if so specified by this Agreement, all Lenders) as it deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Required Lenders (or, if so specified by this Agreement, all Lenders), and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans.

7.5 Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default unless the Administrative Agent has received notice from a Lender, the Guarantor or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a "notice of default". In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders. The Administrative Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the Required Lenders (or, if so specified by this Agreement, all Lenders); provided, that

unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders.

7.6 Non-Reliance on Administrative Agent and Other Lenders. Each Lender expressly acknowledges that neither the Administrative Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or Affiliates have made any representations or warranties to it and that no act by the Administrative Agent hereafter taken, including any review of the affairs of a Loan Party or any Affiliate of a Loan Party, shall be deemed to constitute any representation or warranty by the Administrative Agent to any Lender. Each Lender represents to the Administrative Agent 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 appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their Affiliates and made its own decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents 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 deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their Affiliates. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of any Loan Party or any Affiliate of a Loan Party that may come into the possession of the Administrative Agent or any of its officers, directors, employees, agents, attorneys-in-fact or Affiliates.

7.7 Indemnification. The Lenders agree to indemnify the Administrative Agent in its capacity as such (to the extent not reimbursed by the Guarantor or the Borrower and without limiting the obligation of the Guarantor or the Borrower to do so), ratably according to their respective Aggregate Exposure Percentages in effect on the date on which indemnification is sought under this Section (or, if indemnification is sought after the date upon which the Commitments shall have terminated and the Loans shall have been paid in full, ratably in accordance with such Aggregate Exposure Percentages immediately prior to such date), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever that may at any time (whether before or after the payment of the Loans) be imposed on, incurred by or asserted against the Administrative Agent in any way relating to or arising out of, the Commitments, this Agreement, any of the other Loan Documents or any documents contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by the Administrative Agent under or in connection with any of the foregoing; provided, that no Lender shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements that are found by a decision of a court of competent jurisdiction in a final and non-appealable judgment to have resulted from the Administrative Agent's gross negligence or willful misconduct. The agreements in this Section shall survive the payment of the Loans and all other amounts payable hereunder.

7.8 Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with any Loan Party as though the Administrative Agent were not the Administrative Agent. With respect to its Loans made or renewed by it, the Administrative Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "Lenders" shall include the Administrative Agent in its individual capacity.

7.9 Successor Administrative Agent. The Administrative Agent may resign, or shall resign upon the request of the Required Lexxxxx xn the event the Administrative Agent becomes a Defaulting Lexxxx xnd is not a Performing Lender, as Administrative Agent upon ten (10) days' notice to the Lenders and the Borrower. If the Administrative Agent shall resign as Administrative Agent under this Agreement and the other Loan Documents, then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall (unless an Event of Default under Sections 6(a), 6(e) or 6(f) with respect to the Borrower shall have occurred and be continuing) be subject to approval by the Borrower (which approval shall not be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Administrative Agent, and the term "Administrative Agent" shall mean such successor agent effective upon such appointment and approval, and the former Administrative Agent's rights, powers and duties as Administrative Agent shall be terminated, without any other or further act or deed on the part of such former Administrative Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has accepted appointment as Administrative Agent by the date that is ten (10) days following a retiring Administrative Agent's notice of resignation, the retiring Administrative Agent's resignation shall nevertheless thereupon become effective, and the Lenders shall assume and perform all of the duties of the Administrative Agent hereunder until such time, if any, as the Required Xxxxxxx appoint a successor agent as provided for above. After any retiring Administrative Agent's resignation as Administrative Agent, the provisions of this Section 7 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement and the other Loan Documents.

7.10 Mandated Lead Arrangers and Bookrunner. Neither the Mandated Lead Arrangers nor the Bookrunner shall have any duties or responsibilities hereunder in its capacity as such.

7.11 Agent Communications. The Administrative Agent shall provide to each Lender a copy of each material report, certificate, statement or other communication required to be delivered to it under the Loan Documents and which has not been delivered to the Lenders; provided, that posting by the Administrative Agent to Intralinks or to a similar electronic distribution location shall satisfy the requirements of this Section.

7.12 Certain ERISA Matters.

(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, for the benefit of, the Administrative Agent and its respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

(i) such Lender is not using “plan assets” (within the meaning of the Plan Asset Regulations) of one or more Benefit Plans in connection with the Loans or the Commitments;

(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 Xxxxxx’s entrance into, participation in, administration of and performance of the Loans, the Commitments and this Agreement, and the conditions for exemptive relief thereunder are and will continue to be satisfied in connection therewith;

(iii) (A) such Lender is an investment fund managed by a “Qualified Professional Asset Manager” (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 Commitments and this Agreement, (C) the entrance into, participation in, administration of and performance of the Loans, the Commitments and this Agreement satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and (D) except as otherwise notified to the Administrative Agent in writing, such Lender is an investment fund in which no employee benefit plan, when its assets are combined with the assets of other plans established or maintained by the same employer (or affiliate thereof as described in section VI(c)(1) of PTE 84-14) or by the same employee organization, and managed in the same investment fund, represents 10% or more of the assets of the investment fund; or

(iv) such other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion, and such Lender;

(b) In addition, unless either (1) sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation, warranty and covenant in accordance with sub-clause (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, for the benefit of, the Administrative Agent and each other Mandated Lead Arranger and their respective Affiliates, and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that none of the Administrative Agent, or any Mandated Lead Arranger or any of their respective Affiliates (A) is a fiduciary with respect to the assets of such Lender involved in the Loans, the Commitments and this Agreement (including in connection with the reservation or exercise of any rights by the Administrative Agent under this Agreement, any Loan Document or any documents related to hereto or thereto), or (B) is undertaking to provide investment advice or to give advice in a fiduciary capacity in connection with the transactions contemplated hereby.

7.13 Erroneous Payments.

(a) If the Administrative Agent (x) notifies a Lender or any Person who has received funds on behalf of a Lender (any such Lender or other recipient (and each of their respective successors and assigns), a "Payment Recipient") that the Administrative Agent has determined in its sole discretion (whether or not after receipt of any notice under immediately succeeding clause (b)) that any funds (as set forth in such notice from the Administrative Agent) received by such Payment Recipient from the Administrative Agent or any of its Affiliates were erroneously or mistakenly transmitted to, or otherwise erroneously or mistakenly received by, such Payment Recipient (whether or not known to such Lender or other Payment Recipient on its behalf) (any such funds, whether transmitted or received as a payment, prepayment or repayment of principal, interest, fees, distribution or otherwise, individually and collectively, an "Erroneous Payment") and (y) demands in writing the return of such Erroneous Payment (or a portion thereof), such Erroneous Payment shall at all times remain the property of the Administrative Agent pending its return or repayment as contemplated below in this Section 7.13 and held in trust for the benefit of the Administrative Agent, and such Lender shall (or, with respect to any Payment Recipient who received such funds on its behalf, shall cause such Payment Recipient to) promptly, but in no event later than two Business Days thereafter (or such later date as the Administrative Agent may, in its sole discretion, specify in writing), return to the Administrative Agent the amount of any such Erroneous Payment (or portion thereof) as to which such a demand was made, in same day funds (in the currency so received), together with interest thereon (except to the extent waived in writing by the Administrative Agent) in respect of each day from and including the date such Erroneous Payment (or portion thereof) was received by such Payment Recipient to the date such amount is repaid to the Administrative Agent in same day funds at the greater of the SOFR and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation from time to time in effect. A notice of the Administrative Agent to any Payment Recipient under this clause (a) shall be conclusive, absent manifest error.

(b) Without limiting the immediately preceding clause (a), each Lender or any Person who has received funds on behalf of a Lender (and each of their respective successors and assigns), agrees that if it receives a payment, prepayment or repayment (whether received as a payment, prepayment or repayment of principal, interest, fees, distribution or otherwise) from the Administrative Agent (or any of its Affiliates) (x) that is in a different amount than, or on a different date from, that specified in this Agreement or in a notice of payment, prepayment or repayment sent by the Administrative Agent (or any of its Affiliates) with respect to such payment, prepayment or repayment, (y) that was not preceded or accompanied by a notice of payment, prepayment or repayment sent by the Administrative Agent (or any of its Affiliates), or (z) that such Lender or other such recipient, otherwise becomes aware was transmitted, or received, in error or by mistake (in whole or in part), then in each such case:

(i) it acknowledges and agrees that (A) in the case of immediately preceding clauses (x) or (y), an error and mistake shall be presumed to have been made (absent written confirmation from the Administrative Agent to the contrary) or (B) an error and mistake has been made (in the case of immediately preceding clause (z)), in each case, with respect to such payment, prepayment or repayment; and

(ii) such Lender shall (and shall use commercially reasonable efforts to cause any other recipient that receives funds on its respective behalf to) promptly (and, in all events, within one Business Day of its knowledge of the occurrence of any of the

circumstances described in immediately preceding clauses (x), (y) and (z)) notify the Administrative Agent of its receipt of such payment, prepayment or repayment, the details thereof (in reasonable detail) and that it is so notifying the Administrative Agent pursuant to this (b).

For the avoidance of doubt, the failure to deliver a notice to the Administrative Agent pursuant to this (b) shall not have any effect on a Payment Recipient's obligations pursuant to (a) or on whether or not an Erroneous Payment has been made.

(c) Each Lender hereby authorizes the Administrative Agent to set off, net and apply any and all amounts at any time owing to such Lender under any Loan Document, or otherwise payable or distributable by the Administrative Agent to such Lender under any Loan Document with respect to any payment of principal, interest, fees or other amounts, against any amount that the Administrative Agent has demanded to be returned under immediately preceding clause (a).

(d) The parties hereto agree that (x) irrespective of whether the Administrative Agent may be equitably subrogated, in the event that an Erroneous Payment (or portion thereof) is not recovered from any Payment Recipient that has received such Erroneous Payment (or portion thereof) for any reason, the Administrative Agent shall be subrogated to all the rights and interests of such Payment Recipient (and, in the case of any Payment Recipient who has received funds on behalf of a Lender, to the rights and interests of such Lender) under the Loan Documents with respect to such amount (the "Erroneous Payment Subrogation Rights") and (y) an Erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy any Obligations owed by the Borrower or any other Loan Party; provided that this Section 7.13 shall not be interpreted to increase (or accelerate the due date for), or have the effect of increasing (or accelerating the due date for), the Obligations of the Borrower relative to the amount (and/or timing for payment) of the Obligations that would have been payable had such Erroneous Payment not been made by the Administrative Agent; provided, further, that for the avoidance of doubt, the immediately preceding clauses (x) and (y) shall not apply to the extent any such Erroneous Payment is, and solely with respect to the amount of such Erroneous Payment that is, comprised of funds received by the Administrative Agent from, or on behalf of (including through the exercise of remedies under any Loan Document), the Borrower for the purpose of making a payment on the Obligations.

(e) To the extent permitted by applicable law, no Payment Recipient shall assert any right or claim to an Erroneous Payment, and hereby waives, and is deemed to waive, any claim, counterclaim, defense or right of set-off or recoupment with respect to any demand, claim or counterclaim by the Administrative Agent for the return of any Erroneous Payment received, including, without limitation, any defense based on "discharge for value" or any similar doctrine.

Each party's obligations, agreements and waivers under this Section 7.13 shall survive the resignation or replacement of the Administrative Agent, any transfer of rights or obligations by, or the replacement of, a Lender, the termination of the Commitments and/or the repayment, satisfaction or discharge of all Obligations (or any portion thereof) under any Loan Document.

SECTION 8. MISCELLANEOUS

8.1 Amendments and Waivers. (a) Subject to Section 2.8(b), neither this Agreement, any other Loan Document, nor any terms hereof or thereof may be amended, supplemented or modified except in accordance with the provisions of this Section 8.1. The Required Lenders and each Loan Party to the relevant Loan Document may, or, with the written consent of the Required Lenders, the Administrative Agent and each Loan Party to the relevant Loan Document may, from time to time, (i) enter into written amendments, supplements or modifications hereto and to the other Loan Documents for the purpose of adding any provisions to this Agreement or the other Loan Documents or changing in any manner the rights of the Lenders or of the Loan Parties hereunder or thereunder or (ii) waive, on such terms and conditions as the Required Lenders or the Administrative Agent, as the case may be, may specify in such instrument, any of the requirements of this Agreement or the other Loan Documents or any Default or Event of Default and its consequences; provided, however, that no such waiver and no such amendment, supplement or modification shall (w) reduce (by way of forgiveness or otherwise) the principal amount or extend the final scheduled date of maturity of any Loan, reduce the amount or stated rate of any interest or fee payable hereunder (except (1) in connection with the waiver of applicability of any post-default increase in interest rates and (2) that any amendment or modification of defined terms used in the financial covenants in this Agreement or the other Loan Documents shall not constitute a reduction in the rate of interest or fees for purposes of this clause (w)) or extend the scheduled date of any payment thereof, or increase the amount or extend the expiration date of any Lender's Commitment, or increase any Lender's Aggregate Exposure Percentage, in each case without the written consent of each Lender directly affected thereby; (x) eliminate or reduce the voting rights of any Lender, or otherwise amend any provisions, under this Section 8.1 without the written consent of such Lender; (y) reduce any percentage specified in the definition of Required Lenders, consent to the assignment or transfer by the Borrower of any of its rights and obligations under this Agreement and the other Loan Documents, or release the Guarantor from its obligations under the Guaranty Agreement, or assign any obligations under the Guaranty Agreement, effect any action pursuant to Section 17 of the Guaranty Agreement, or change any provision hereof requiring ratable funding or ratable sharing of payments or setoffs or otherwise related to the pro rata treatment of Lenders, in each case without the written consent of all Lenders; or (z) amend, modify or waive any provision of Section 7 without the written consent of the Administrative Agent. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the Lenders and shall be binding upon the Loan Parties, the Lenders, the Administrative Agent and all future holders of the Loans. In the case of any waiver, the Loan Parties, the Lenders and the Administrative Agent shall be restored to their former position and rights hereunder and under the other Loan Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing; but no such waiver shall extend to any subsequent or other Default or Event of Default, or impair any right consequent thereon.

(b) Notwithstanding Section 8.1(a), the Commitments and Aggregate Exposure of any Defaulting Lender that is not a Performing Lender shall be disregarded for all purposes of any determination of whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 8.1(a)); provided, that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender shall require the consent of such Defaulting Lender.

8.2 Notices. All notices, requests and demands to or upon the respective parties hereto to be effective shall be in writing (including by telecopy), and, unless otherwise expressly provided herein, shall be deemed to have been duly given or made when delivered, or

five (5) Business Days after being deposited in the mail, postage prepaid, or, in the case of telecopy 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:


Borrower:			0000 Xxxxxxxxxx Xxxxx Xxxxxxx Xxxxxxxxxxxx, Xxxxxxxx 00000 Attention: Treasurer Tel. No: (000) 000-0000 Telecopy: (000) 000-0000

			with a copy to: Prior to the Guaranty Assignment Effective Date: Xxxxx Limited 0000 Xxxxxxxxxx Xxxxx Xxxxxxx Xxxxxxxxxxxx, Xxxxxxxx 00000 Attention: Treasurer Tel. No: (000) 000-0000 Telecopy: (000) 000-0000 On and after the Guaranty Assignment Effective Date: Bunge Global SA Route xx Xxxxxxxxxxx 00 0000 Xxxxxx, Xxxxxxxxxxx with a copy to: Bunge Global SA 0000 Xxxxxxxxxx Xxxxx Xxxxxxx Xxxxxxxxxxxx, Xxxxxxxx 00000 Attention: Treasurer Tel. No: (000) 000-0000 Telecopy: (000) 000-0000

Administrative Agent:			SUMITOMO MITSUI BANKING CORPORATION, AGENCY SERVICES 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxx XxXxxxxx E-mail: xxxxxxx_xxxxxxxx@xxxxxxxxx.xxx, +cc: xxxxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxx.xxx with a copy to: SUMITOMO MITSUI BANKING CORPORATION, CORPORATE AND INVESTMENT BANKING COVERAGE 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxx XxXxxxxxxx E-mail: xxxxxxxxxxx@xxxx-xx.xxx, +cc: xxxxxxxxx@xxxxxxxxx.xxx

provided, that any notice, request or demand to or upon the Administrative Agent or the Lenders shall not be effective until received.

8.3 No Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of the Administrative Agent or any Lender, any right, remedy, power or privilege hereunder or under the other Loan Documents shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law.

8.4 Survival of Representations and Warranties. All representations and warranties made hereunder, in the other Loan Documents and in any document, certificate or statement delivered pursuant hereto or in connection herewith shall survive the execution and delivery of this Agreement and the making of the Loans hereunder.

8.5 Payment of Expenses. The Borrower agrees (a) to pay or reimburse the Administrative Agent for all its reasonable out-of-pocket costs and expenses incurred in connection with the development, preparation and execution of, and any amendment, supplement or modification to, this Agreement and the other Loan Documents and any other documents prepared in connection herewith or therewith, and the consummation and administration of the transactions contemplated hereby and thereby, including the reasonable fees and disbursements of counsel to the Administrative Agent and filing and recording fees and expenses, with statements with respect to the foregoing to be submitted to the Borrower from time to time after the Drawdown Date on a quarterly basis or such other periodic basis as the Administrative Agent shall deem appropriate, (b) to pay or reimburse each Lender and the Administrative Agent for all its costs and expenses incurred in connection with the enforcement or preservation of any rights under this Agreement, the other Loan Documents and any such other documents, including the fees and disbursements of counsel (including the allocated fees and expenses of in-house counsel) to each Lender and of counsel to the Administrative Agent, (c) to pay, indemnify, and hold each Lender and the Administrative Agent harmless from, any and all recording and filing fees that may be payable or determined to be payable in connection with the execution and delivery of, or consummation or administration of any of the transactions contemplated by, or any amendment, supplement or modification of, or any waiver or consent under or in respect of, this Agreement, the other Loan Documents and any such other documents, and (d) to pay, indemnify, and hold each Lender and the Administrative Agent and their respective officers, directors, employees, Affiliates, agents and controlling persons (each, an "Indemnitee") harmless from and against any and all other liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement, the other Loan Documents and any such other documents, including any of the foregoing relating to the use of proceeds of the Loans or the violation of, noncompliance with or liability under, any Environmental Law applicable to the operations of any Group Member or any of the properties owned by such Group Members, or any violation of Sections 3.18 or 5.2(k), and the reasonable fees and expenses of legal counsel in connection with claims, actions or proceedings by any Indemnitee against any Loan Party under any Loan Document (all the foregoing in this clause (d), collectively, the "Indemnified Liabilities"); provided, that the Borrower shall have no obligation hereunder to any Indemnitee with respect to Indemnified Liabilities to the extent such Indemnified Liabilities are found by a court of competent jurisdiction in a final and non-appealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee; provided further, that Indemnified Liabilities shall specifically include any

liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses of any Indemnitee as a result of the Borrower’s non-compliance with Sections 3.18 or Section 5.2(k). Without limiting the foregoing, and to the extent permitted by applicable law, the Borrower agrees not to assert, and hereby waives, all rights for contribution or any other rights of recovery with respect to all claims, demands, penalties, fines, liabilities, settlements, damages, costs and expenses of whatever kind or nature, under or related to Environmental Laws or due to or arising from non-compliance or misrepresentation with respect to Sections 3.18 or 5.2(k) hereof, that any of them might have by statute or otherwise against any Indemnitee. All amounts due under this Section 8.5 shall be payable not later than ten (10) days after written demand therefor. Statements payable by the Borrower pursuant to this Section 8.5 shall be submitted to the Treasurer (Telephone No. (000) 000-0000; Telecopy No. (000) 000-0000), at the address of Xxxxx Limited (prior to the Guaranty Assignment Effective Date) and Xxxxx Global SA (on and after the Guaranty Assignment Effective Date) set forth in Section 8.2, or to such other Person or address as may be hereafter designated by the Borrower in a written notice to the Administrative Agent. The agreements in this Section 8.5 shall survive repayment of the Loans and all other amounts payable hereunder. Notwithstanding the foregoing, and for the avoidance of doubt, this Section 8.5 shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from a non-Tax claim.

8.6 Successors and Assigns; Participations and Assignments. This Agreement shall be binding upon and inure to the benefit of the Borrower, the Lenders, the Administrative Agent, all future holders of the Loans and their respective successors and assigns, except that (i) the Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each Lender and (ii) any attempted assignment or transfer by the Borrower without such consent shall be null and void.

(a) Any Lender may, without the consent of the Borrower, in accordance with applicable law, at any time sell to one or more banks, financial institutions or other entities (each, a "Participant") participating interests in any Loan owing to such Lender, the Commitment of such Lender or any other interest of such Lender hereunder and under the other Loan Documents. In the event of any such sale by a Lender of a participating interest to a Participant, such Lender's obligations under this Agreement to the other parties to this Agreement shall remain unchanged, such Lender shall remain solely responsible for the performance thereof, such Lender shall remain the holder of any such Loan for all purposes under this Agreement and the other Loan Documents, and the Borrower and the Administrative Agent shall continue to deal solely and directly with such Lender in connection with such Xxxxxx's rights and obligations under this Agreement and the other Loan Documents. In no event shall any Participant under any such participation have any right to approve any amendment or waiver of any provision of any Loan Document, or any consent to any departure by any Loan Party therefrom, except any amendment, waiver or consent described in clause (w) of the proviso to Section 8.1 that affects such Participant, in each case to the extent subject to such participation. The Borrower agrees that if amounts outstanding under this Agreement and the Loans are due or unpaid, or shall have been declared or shall have become due and payable upon the occurrence of an Event of Default, each Participant shall, to the maximum extent permitted by applicable law, be deemed to have the right of setoff in respect of its participating interest in amounts owing under this Agreement to the same extent as if the amount of its participating interest were owing directly to it as a Lender under this Agreement; provided, that, in purchasing such participating interest, such Participant shall be deemed to have agreed to share with the Lenders the proceeds thereof as provided in Section 8.7 as fully as if it were a Lender hereunder. The Borrower also

agrees that each Participant shall be entitled to the benefits of Sections 2.10, 2.11 and 2.12 (and subject to the limitations thereof) with respect to its participation in the Commitments and the Loans outstanding from time to time as if it was a Lender; provided, that, in the case of Section 2.11, such Participant shall have complied with the requirements of Section 2.11 (including the requirements under Sections 2.11(e), 2.11(f) and 2.11(g) (it being understood that the documentation required under Sections 2.11(e), 2.11(f) and 2.11(g) shall be delivered to the participating Lender) as if it was a Lender that had acquired its interest by assignment; and provided, further, that no Participant shall be entitled to receive any greater amount pursuant to Sections 2.10, 2.11 or 2.12 (as the case may be) than the transferor Lender would have been entitled to receive in respect of the amount of the participation transferred by such transferor Lender to such Participant had no such transfer occurred, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a participation shall, on behalf of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under this Agreement (the “Participant Register”); provided, that no Lender shall have any obligation to disclose all or any portion of the Participant Register to any Person (including the identity of any Participant or any information relating to a Participant’s interest in any Commitments or Loans or its other obligations under any Loan Document) except to the extent that such disclosure is necessary to establish that such Commitment, or Loan or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive, in the absence of manifest error, and such Lender, each Loan Party and the Administrative Agent shall treat each person whose name is recorded in the Participant Register pursuant to the terms hereof as the owner of such participation for all purposes of this Agreement, notwithstanding notice to the contrary.

(b) Any Lender (an "Assignor") may, in accordance with applicable law, at any time and from time to time assign to any Person (other than the Borrower or any of its Affiliates or a natural Person) (an "Assignee") all or any part of its rights and obligations under this Agreement and the other Loan Documents pursuant to an Assignment and Acceptance, executed by such Assignee, such Assignor and any other Person whose consent is required pursuant to this paragraph, and delivered to the Administrative Agent for its acceptance and recording in the Register; provided, that (i) the consent of the Borrower and the Administrative Agent (which, in each case, shall not be unreasonably withheld or delayed, and the Borrower shall be deemed to have consented to any such assignment unless it objects thereto by written notice to the Lender and Administrative Agent within five Business Days after having received notice thereof) shall be required in the case of any assignment to a Person that is not a Lender or a Lender Affiliate (except that the consent of the Borrower shall not be required for any assignment that occurs when either a Default or an Event of Default shall have occurred and be continuing) and (ii) unless otherwise agreed by the Borrower and the Administrative Agent, no such assignment to an Assignee (other than any Lender or any Lender Affiliate) shall be (A) with respect to Tranche A Loans, in an aggregate principal amount of less than 500,000,000 Yen, and (B) with respect to Tranche B Loans, in an aggregate principal amount of less than $5,000,000, in each case except in the case of an assignment of all of a Lender's interests under this Agreement. For purposes of the proviso contained in the preceding sentence, the amount described therein shall be aggregated in respect of each Lender and its Lender Affiliates, if any. Upon such execution, delivery, acceptance and recording, from and after the effective date determined pursuant to such Assignment and

Acceptance, (x) the Assignee thereunder shall be a party hereto and, to the extent provided in such Assignment and Acceptance, have the rights and obligations of a Lender hereunder with a Commitment and/or Loans as set forth therein, and (y) the Assignor thereunder shall, to the extent provided in such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all of an Assignor's rights and obligations under this Agreement, such Assignor shall cease to be a party hereto).

(c) The Administrative Agent, acting as a non-fiduciary agent of the Borrower solely for tax purposes, shall maintain at its address referred to in Section 8.2 a copy of each Assignment and Acceptance delivered to it and a register (the "Register") for the recordation of the names and addresses of the Lenders and the Commitment of, and the principal amount (and stated interest) of the Loans owing to, each Lender from time to time, which Register shall be made available to the Borrower and any Lender upon reasonable request. The entries in the Register shall be conclusive, in the absence of manifest error, and the Borrower, each other Loan Party, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register as the owner of the Loans and any notes evidencing the Loans recorded therein for all purposes of this Agreement. Any assignment of any Loan, whether or not evidenced by a note, shall be effective only upon appropriate entries with respect thereto being made in the Register (and each note shall expressly so provide). Any assignment or transfer of all or part of a Loan evidenced by a note shall be registered on the Register only upon surrender for registration of assignment or transfer of the note evidencing such Loan, accompanied by a duly executed Assignment and Acceptance, and thereupon one or more new notes shall be issued to the designated Assignee.

(d) Upon its receipt of an Assignment and Acceptance executed by an Assignor, an Assignee and any other Person whose consent is required by Section 8.6(c), together with payment to the Administrative Agent of a registration and processing fee of $4,000 (such fee not to be payable by the Borrower, except for an assignment pursuant to Section 2.15), the Administrative Agent shall (i) promptly accept such Assignment and Acceptance and (ii) record the information contained therein in the Register on the effective date determined pursuant thereto.

(e) For avoidance of doubt, the parties to this Agreement acknowledge that the provisions of this Section 8.6 concerning assignments relate only to absolute assignments and that such provisions do not prohibit assignments creating security interests, including any pledge or assignment by a Lender to any Federal Reserve Bank or any other central bank in accordance with applicable law.

(f) The Borrower, upon receipt of written notice from the relevant Xxxxxx, agrees to issue notes to any Lender requiring notes to facilitate transactions of the type described in paragraph (f) above.

8.7 Adjustments; Set-off. Except to the extent that this Agreement expressly provides for payments to be allocated to a particular Lender or to the Lenders on a non pro rata basis, if any Lender (a "Benefitted Lender") shall receive any payment of all or part of the Obligations owing to it, or receive any collateral in respect thereof (whether voluntarily or involuntarily, by set-off, pursuant to events or proceedings of the nature referred to in Section 6(g), or otherwise), in a greater proportion than any such payment to or collateral received by any other Lender, if any, in respect of the Obligations owing to such other Lender, such

Benefitted Lender shall purchase for cash from the other Lenders a participating interest in such portion of the Obligations owing to each such other Lender, or shall provide such other Lenders with the benefits of any such collateral, as shall be necessary to cause such Benefitted Lender to share the excess payment or benefits of such collateral ratably with each of the Lenders; provided, however, that if all or any portion of such excess payment or benefits is thereafter recovered from such Benefitted Lender, such purchase shall be rescinded, and the purchase price and benefits returned, to the extent of such recovery, but without interest.

(a) In addition to any rights and remedies of the Lenders provided by law, each Lender shall have the right, without prior notice to the Guarantor or the Borrower, any such notice being expressly waived by the Guarantor and the Borrower to the extent permitted by applicable law, upon any amount becoming due and payable by the Guarantor or the Borrower hereunder (whether at the stated maturity, by acceleration or otherwise), to set off and appropriate and apply against such amount any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Lender or any branch or agency thereof to or for the credit or the account of the Guarantor or the Borrower, as the case may be. Each Lender agrees promptly to notify the Borrower and the Administrative Agent after any such setoff and application made by such Lender; provided, that the failure to give such notice shall not affect the validity of such setoff and application.

8.8 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile transmission or portable document format shall be effective as delivery of a manually executed counterpart hereof. A set of the copies of this Agreement signed by all the parties shall be lodged with the Borrower and the Administrative Agent.

8.9 Severability. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

8.10 Integration. This Agreement and the other Loan Documents represent the entire agreement of the Guarantor, the Borrower, the Administrative Agent and the Lenders with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by the Administrative Agent or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents.

8.11 GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

8.12 Submission To Jurisdiction; Waivers. The Borrower hereby irrevocably and unconditionally:

(a) submits for itself and its property in any legal action or proceeding relating to this Agreement and the other Loan Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the State of New York, the courts of the United States for the Southern District of New York, and appellate courts from any thereof;

(b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same;

(c) agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to the Borrower, as the case may be at its address set forth in Section 8.2 or at such other address of which the Administrative Agent shall have been notified pursuant thereto;

(d) agrees that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and

(e) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this Section any special, exemplary, punitive or consequential damages.

8.13 Acknowledgements. The Borrower hereby acknowledges and agrees that:

(a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents;

(b) neither the Administrative Agent nor any Lender has any fiduciary relationship with or duty to the Borrower arising out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between Administrative Agent and Lenders, on one hand, and the Borrower, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and

(c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated hereby among the Lenders or among the Borrower and the Lenders.

8.14 Confidentiality. Each of the Administrative Agent and each Lender agrees to keep confidential all non-public information provided to it by any Loan Party pursuant to this Agreement that is designated by such Loan Party as confidential; provided, that nothing herein shall prevent the Administrative Agent or any Lender from disclosing any such information (a) to the Administrative Agent, any other Lender or any Lender Affiliate, (b) subject to an agreement to comply with the provisions of this Section, to any actual or prospective Transferee or any direct or indirect counterparty to any Hedge Agreement (or any professional advisor to such counterparty), (c) to its employees, directors, agents, attorneys, accountants, auditors and other professional advisors or those of any of its Affiliates (the "Permitted Parties"), (d) upon the request or demand of any Governmental Authority, (e) in response to any order of any court or other Governmental Authority or as may otherwise be required pursuant to any Requirement of

Law, (f) if requested or required to do so in connection with any litigation or similar proceeding, (g) that has been publicly disclosed, (h) to the National Association of Insurance Commissioners or any similar organization or any nationally recognized rating agency that requires access to information about a Lender's investment portfolio in connection with ratings issued or any insurer, insurance broker or direct or indirect provider of credit protection with respect to such Lender or Permitted Parties, (i) in connection with the exercise of any remedy hereunder or under any other Loan Document or (j) with the prior written consent of the Borrower. In addition, the Administrative Agent and the Lenders may disclose the existence of this Agreement and information about this Agreement to market data collectors, similar service providers to the lending industry and service providers to the Administrative Agent and the Lenders in connection with the administration of this Agreement, the other Loan Documents and the Commitments; provided, that the Administrative Agent and the Lenders shall have obtained such service providers' written agreement to maintain the confidentiality of all non-public information relating to this Agreement and the other Loan Documents.

Each Lender acknowledges that information furnished to it pursuant to this Agreement or the other Loan 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.

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 Loan 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.

8.15 WAIVERS OF JURY TRIAL. THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN.

8.16 Conversion of Currencies into Dollars. Unless the context otherwise requires, any calculation of an amount or percentage that is required to be made by the Borrower or the Administrative Agent under the Loan Documents shall be made by first converting any amounts denominated in currencies other than Dollars into Dollars at the Rate of Exchange. For the purposes of calculating the Dollar Equivalent of any amount hereunder denominated in Yen, the Administrative Agent will at least once during each calendar month and on or prior to the date of any borrowing and the last day of any Interest Period and at such other times as it in its sole discretion decides to do so or as otherwise directed by the Required Lenders, determine the Rate of Exchange into Dollars of Yen. Such Rate of Exchange so determined on each such determination date shall, for purposes of the calculations described in the preceding sentence, be deemed to remain unchanged and in effect until the next such determination date.

8.17 U.S.A. Patriot Act. Each Lender hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law

October 26, 2001)) (the "Patriot Act"), it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the Patriot Act.

8.18 Money Lending Business Act.

(a) Any Non-Bank Lender shall deliver to the Borrower the document provided in article 17 of the Money Lending Business Act as provided for therein.

(b) Any Non-Bank Lender shall immediately deliver to the Borrower the document provided in article 18 of the Money Lending Business Act as necessary when it has been repaid all or part of the Loans. In the case where a Non-Bank Lender is required to deliver such document to the Borrower, the Non-Bank Lender shall immediately deliver the same each time it receives any such repayment.

(c) In the case where a Non-Bank Lender assigns all or part of its Loan to a third party, it shall send the notification provided under article 24 of the Money Lending Business Act pursuant to such provision.

(d) The Non-Bank Lender shall, regardless of the Lender's entrustment to the Administrative Agent in accordance with this Agreement, perform the Non-Bank Lender's obligations against the Borrower under (a) to (b) above and all the other obligations of the Non-Bank Lender under the Money Lending Business Act on its own responsibility, and the Agent shall not be responsible for any of those obligations.

(e) The person who has been assigned all or part of a loan claim from the Non-Bank Lender shall perform the obligation under paragraph 2 of article 24 of the Money Lending Business Act in accordance with the same on its own responsibility, and the Administrative Agent shall not be responsible for any of those obligations.

(f) The Non-Bank Lender shall, promptly after the execution of this Agreement, notify in writing to the Administrative Agent the matters to be notified or disclosed to the Borrower by the Administrative Agent in accordance with the Money Lending Business Act (including, but not limited to, those under article 21 of the Money Lending Business Act, but excluding any matter which the Agent knows). In the case of amendment to any of those matters, the Non-Bank Lender shall immediately notify in writing to the Administrative Agent of the content of such amendment.

(g) All expenses arising from the performance by a Non-Bank Lender of its duties under the Money Lending Business Act (including, but not limited to, the duties as set out in the preceding sections) shall be borne by such Non-Bank Lender as long as not in violation of laws and ordinances, etc., and in the case where the Borrower, a Lender other than such Non-Bank Lender or the Administrative Agent bears any such expenses on behalf of such Non-Bank Lender, such Non-Bank Lender shall immediately pay such amount in accordance with the provisions of this Agreement upon request by the Administrative Agent.

8.19 Acknowledgment and Consent to Bail-In of Affected Financial Institution. 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 Lender that is an Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of an the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

(a) the application of any Write-Down and Conversion Powers by an 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

(b) the effects of any Bail-In Action on any such liability, including, if applicable:

(i) a reduction in full or in part or cancellation of any such liability;

(ii) 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

(iii) 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.

8.20 Acknowledgment Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for Hedge Agreements or any other agreement or instrument that is a QFC (such support, "QFC Credit Support" and each such QFC a "Supported QFC"), 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 Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the "U.S. Special Resolution Regimes") 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 or of the United States or any other state of the United States):

(a) In the event a Covered Entity that is party to a Supported QFC (each, a "Covered Party") 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 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.

(b) As used in this Section 8.20, the following terms have the following meanings:

"BHC Act Affiliate" of a party means an "affiliate" (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party.

"Covered Entity" means any of the following:

(i) a "covered entity" as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b)

(ii) a "covered bank" as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or

(iii) a "covered FSI" as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b).

"Default Right" has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.

"QFC" has the meaning assigned to the term "qualified financial contract" in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D).

[Signature pages follow.]

IN WITNESS WHEREOF, the parties hereto have caused this Term Loan Agreement to be duly executed and delivered by their proper and duly authorized officers outside of Japan as of the day and year first above written.


						BUNGE LIMITED FINANCE CORP., as Borrower By: __________________________________ Printed Name: Xxxxx Xxxxx Title: President

[Signature Page to Term Loan Agreement]


						SUMITOMO MITSUI BANKING CORPORATION, as Administrative Agent By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						SUMITOMO MITSUI BANKING CORPORATION, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						DEVELOPMENT BANK OF JAPAN INC., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						MIZUHO BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						MUFG BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE NORINCHUKIN BANK, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE 77 BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE CHUGOKU BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE SAN-IN GODO BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE HYAKUJUSHI BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE IYO BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE HACHIJUNI BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE MINATO BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						DAIDO LIFE INSURANCE COMPANY, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE HIGASHI-NIPPON BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE YAMAGUCHI BANK, LTD. TOKYO BRANCH, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						SUMITOMO MITSUI TRUST BANK, LTD. NEW YORK BRANCH, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE GUNMA BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE NOMURA TRUST AND BANKING CO., LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE CHIBA BANK, LTD. NEW YORK BRANCH, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE JOYO BANK, LTD., as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]


						THE JUROKU BANK, LTD. TOKYO BRANCH, as Lender By: __________________________________ Printed Name: ________________________ Title: _______________________________

[Signature Page to Term Loan Agreement]

Document Metadata

Table of Contents

SECOND AMENDMENT TO TERM LOAN AGREEMENT

Document Metadata