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of LDB 2011 LLC (together with any permitted assignees or successors, the "Noteholder"). FOR VALUE RECEIVED, the Payor hereby promises to pay to the Noteholder the principal amount of [$450,000,0001 (such amount, as may be reduced by repayments of principal hereunder from time to time, the "Principal Amoun
a reasonably detailed description thereof, and the actions the Payor proposes to take with respect thereto. (b) Notification of Material Change in Pavor's Financial Condition. The Payor will, promptly, but in any event no later than five (5) Business Days upon the Payor becoming aware thereof, notif
of LDB 2011 LLC (together with any permitted assignees or successors, the "Noteholder"). FOR VALUE RECEIVED, the Payor hereby promises to pay to the Noteholder the principal amount of [$450,000,0001 (such amount, as may be reduced by repayments of principal hereunder from time to time, the "Principal Amoun
ful enforcement of this Note-(including all-saehthe reasonable fees and expenses of external counsel. The Noteholder agrees to nay or reimburse the Pavor for all reasonable and documented out-of-pocket costs and expenses incurred during any "workout" or re3tructuring in rc:;peet of the-Note-Obligatio
of LDB 2011 LLC (together with any permitted assignees or successors, the "Noteholder"). FOR CASH RECEIVED, the Payor hereby promises to pay to the Noteholder the principal amount of [$450,000,000] (such amount, as may be reduced by repayments of principal hereunder from time to time, the "Principal Amoun
a reasonably detailed description thereof, and the actions the Payor proposes to take with respect thereto. (b) Notification of Material Change in Pavor's Financial Condition. The Payor will, promptly, but in any event no later than five (5) Business Days upon the Payor becoming aware thereof, notif
Entities connected to both Noteholder and Pavor

United States
LOCATIONAlan S. Halperin
PERSON
Alan Dershowitz
PERSONRifkind
PERSONWeiss
PERSONWharton & Garrison LLP
ORGANIZATIONAda Clapp
PERSON
New York
LOCATIONLeon Black
PERSON
Michael Cohen
PERSON
Bloomberg L.P.
ORGANIZATIONElysium Management LLC
ORGANIZATIONthe London Interbank Offered Rate
ORGANIZATION
Barry Diller
PERSONthe American Arbitration Association
ORGANIZATIONPayof
ORGANIZATION
Barry J. Cohen
PERSONNotification of Material Change
ORGANIZATION