On the Restatement Effective Date, (i) the Guarantee of each of Virtu Japan PTS Holdings LLC, a Delaware limited liability company (“ Virtu Japan ”) and Virtu GW Comm LLC, a Delaware limited liability company (“ Virtu GW ” and together with Virtu Japan, the “ Released Loan Parties ”), under the Guarantee Agreement shall automatically and unconditionally terminate, and each Released Loan Party shall be automatically and unconditionally released from such Guarantee upon such termination, all without delivery of any instrument or performance of any act of any Person, (ii) the security interest granted to the Collateral Agent by each of the Released Loan Parties pursuant to the Security Documents shall terminate, the Collateral pledged by such Released Loan Party shall be automatically released, and all rights to such Collateral shall revert to the applicable Released Loan Party and (iii) each of the Released Loan Parties shall be released from its obligations under the Loan Documents, in the case of each of clauses (i), (ii) and (iii), without delivery of any instrument or performance of any act by any Person (collectively, the “ Release ”). Upon such Release, the Administrative Agent will, at the Borrower’s expense, execute and deliver to the Borrower, such Released Loan Party or such other applicable Loan Party such documents, instruments, notices and releases as the Borrower shall reasonably request to evidence such termination and/or release.