On January 18, 2019, Viasat, Inc. entered into the Fourth Amendment to Credit Agreement, which amended the Credit Agreement, dated as of November 26, 2013, with MUFG Union Bank, N.A. (as administrative agent and collateral agent) and the other lenders party thereto. The Amendment, among other matters, reduces the interest margin, extends the maturity date under the Revolving Credit Agreement from May 24, 2021 to January 18, 2024 and provides additional flexibility under the Revolving Credit Agreement. Borrowings under the Revolving Credit Agreement bear interest, at Viasat’s option, at either (1) the highest of the Federal Funds rate plus 0.50%, the Eurodollar rate plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) the Eurodollar rate, plus, in the case of each of (1) and (2), an applicable interest margin that is based on Viasat’s total leverage ratio. The Revolving Credit Agreement is required to be guaranteed by certain significant domestic subsidiaries of Viasat (as defined in the Revolving Credit Agreement) and secured by substantially all of Viasat’s and any subsidiary guarantor’s assets. As of the date hereof, none of Viasat’s subsidiaries guaranteed the Revolving Credit Agreement.