INCREMENTAL TERM FACILITY AMENDMENT NO. 5Incremental Term Facility Amendment • August 4th, 2023 • Powerschool Holdings, Inc. • Services-prepackaged software • New York
This INCREMENTAL TERM FACILITY AMENDMENT NO. 5 (this “Amendment”), dated as of July 31, 2023, by and among PowerSchool Holdings LLC (f/k/a Severin Holdings, LLC), a Delaware limited liability company (“Holdings”), Severin Acquisition, LLC, a Delaware limited liability company (the “Top Borrower”), PeopleAdmin, LLC (f/k/a PeopleAdmin, Inc.), a Delaware limited liability company (the “PA Borrower”), certain other Restricted Subsidiaries from time to time designated thereunder as Co-Borrowers (together with the Top Borrower, and the PA Borrower, each a “Borrower” and, collectively, the “Borrowers”), the Subsidiary Guarantors party hereto, each entity listed on its signature page hereto as a “2023 Incremental Lender” (each, a “2023 Incremental Lender” and, collectively, the “2023 Incremental Lenders”), and Barclays Bank PLC, as administrative agent (in such capacity, the “Administrative Agent”), relating to the First Lien Credit Agreement, dated as of August 1, 2018 (as amended by that cer
