Common use of Total Net Leverage Ratio Clause in Contracts

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: March 31, 2019 5.43 to 1.00 June 30, 2019 4.80 to 1.00 September 30, 2019 4.40 to 1.00 December 31, 2019 3.75 to 1.00 March 31, 2020 Not Tested June 30, 2020 3.25 to 1.00 September 30, 2020 2.75 to 1.00 December 31, 2020 2.50 to 1.00 March 31, 2021 and each fiscal quarter ending thereafter 2.50 to 1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: March 31, 2019 5.43 to 1.00 6.00:1.00 June 30, 2019 4.80 to 1.00 5.50:1.00 September 30, 2019 4.40 to 1.00 5.00:1.00 December 31, 2019 3.75 to 1.00 4.50:1.00 March 31, 2020 Not Tested 4.00:1.00Not tested June 30, 2020 3.25 to 1.00 3.75:1.00Not tested September 30, 2020 2.75 to 1.00 20202022 3.54.00:1.00 December 31, 2020 2.50 to 1.00 20202022 3.23.75:1.00 March 31, 2021 20212023 and each fiscal quarter ending thereafter 2.50 to 1.003.003.25:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio March 31, 2019 5.43 to 1.00 June 30, 2019 4.80 to 1.00 September 30, 2019 4.40 to 1.00 December 31, 2019 3.75 to 1.00 March 31, 2020 Not Tested 3.50 to 1.00 June 30, 2020 3.25 to 1.00 September 30, 2020 2.75 to 1.00 December 31, 2020 2.50 to 1.00 March 31, 2021 and each fiscal quarter ending thereafter 2.50 to 1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: June 30, 2022 3.506.00:1.00 September 30, 2022 3.506.75:1.00 December 31, 2022 3.506.00:1.00 March 31, 2019 5.43 to 1.00 2023 3.504.75:1.00 June 30, 2019 4.80 to 1.00 2023 3.003.75:1.00 September 30, 2019 4.40 to 1.00 2023 3.003.25:1.00 December 31, 2019 3.75 to 1.00 March 31, 2020 Not Tested June 30, 2020 3.25 to 1.00 September 30, 2020 2.75 to 1.00 December 31, 2020 2.50 to 1.00 March 31, 2021 20252023 and each fiscal quarter ending thereafter 2.50 to 1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio March 31, 2019 5.43 to 1.00 6.00:1.00 June 30, 2019 4.80 to 1.00 5.50:1.00 September 30, 2019 4.40 to 1.00 5.00:1.00 December 31, 2019 3.75 to 1.00 4.50:1.00 March 31, 2020 Not Tested 4.00:1.00 June 30, 2020 3.25 to 1.00 3.75:1.00 September 30, 2020 2.75 to 1.00 3.50:1.00 December 31, 2020 2.50 to 1.00 3.25:1.00 March 31, 2021 and each fiscal quarter ending thereafter 2.50 to 1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: June 30, 2022 6.00:1.00 September 30, 2022 6.75:1.00 December 31, 2022 6.00:1.00 March 31, 2019 5.43 to 1.00 2023 4.75:1.00 June 30, 2019 4.80 to 1.00 2023 3.755.75:1.00 September 30, 2019 4.40 to 1.00 December 2023 3.256.00:1.00 DecemberMarch 31, 2019 3.75 to 1.00 March 31, 2020 Not Tested June 30, 2020 3.25 to 1.00 September 30, 2020 2.75 to 1.00 December 31, 2020 2.50 to 1.00 March 31, 2021 20232025 and each fiscal quarter ending thereafter 2.50 to 1.003.00:1.00

Total Net Leverage Ratio. Maintain as of the end of each fiscal quarterquarter set forth below, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: June 30, 2022 6.00:1.00 September 30, 2022 6.75:1.00 December 31, 2022 6.00:1.00 March 31, 2019 5.43 to 1.00 2023 4.75:1.00 June 30, 2019 4.80 to 1.00 2023 3.755.75:1.00 September 30, 2019 4.40 to 1.00 December 2023 3.256.00:1.00 DecemberMarch 31, 2019 3.75 to 1.00 March 31, 2020 Not Tested June 30, 2020 3.25 to 1.00 September 30, 2020 2.75 to 1.00 December 31, 2020 2.50 to 1.00 March 31, 2021 20232025 and each fiscal quarter ending thereafter 2.50 to 1.003.00:1.00