Omnibusamendmenttoloan,securityandcollateral Management Agreement
Phillip Street BDC LLC
EXECUTIONVERSION
OMNIBUSAMENDMENTTOLOAN,SECURITYANDCOLLATERAL MANAGEMENT AGREEMENT, dated as of May 4, 2026 (this “Amendment”), amongPhillip Street Middle Market Lending Investments LLC, as the borrower (the “Borrower”), PhillipStreet BDC LLC, as thecollateral manager(the“Collateral Manager”), and Ally Bank, as the arranger (the “Arranger”), as the administrative agent (the “Administrative Agent”) and asthe swingline lender (the “Swingline Lender”).
WHEREAS, the Borrower, the Collateral Manager, the Arranger, the Swingline Lender, the other Lenders from time to time parties thereto, the Administrative Agent, Phillip Street BDC LLC, as the transferor, Phillip Street Middle Market Lending Investment Holdings LLC, as the equityholder and State Street Bank and Trust Company, as the collateral custodian, are party to the Loan, Security and Collateral Management Agreement, dated as of February 10, 2023 (as may be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”);
WHEREAS, the Collateral Manager, Fund and Transferor has changed its name from Phillip Street Middle Market Lending Fund LLC to Phillip Street BDC LLC;
WHEREAS, the parties hereto desire to amend the Loan Agreement inaccordance with Section 12.1 of the Loan Agreement and subject to the terms and conditions set forth herein; and
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