Exhibit 4.4

    

  ARIS WATER SOLUTIONS, INC.

   

  to

   

  [TRUSTEE’S NAME]

   

  Trustee

   

  INDENTURE

   

  Dated as of [ ] [ ], 20[ ]

   

  SUBORDINATED DEBT SECURITIES 

   

  
  
     

  

  
   

  
    

    
      
 

  

   

  ARIS WATER SOLUTIONS, INC.

    Certain Sections of this Indenture relating to Sections 310 

    through 318, inclusive, of the Trust Indenture Act of 1939, as amended 

  	Trust Indenture Act Section	 	Indenture Section
	Section 310(a)(1)	 	6.09
	(a)(2)	 	6.09
	(a)(3)	 	Not Applicable
	(a)(4)	 	Not Applicable
	(b)	 	6.08
	Section 311(a)	 	6.13
	(b)	 	6.13
	Section 312(a)	 	7.01
	 	 	7.02
	(b)	 	7.02
	(c)	 	7.02
	Section 313(a)	 	7.03
	(b)	 	7.03
	(c)	 	7.03
	(d)	 	7.03
	Section 314(a)	 	7.04
	(a)(4)	 	1.01
	(b)	 	Not Applicable
	(c)(1)	 	1.02
	(c)(2)	 	1.02
	(c)(3)	 	Not Applicable
	(d)	 	Not Applicable
	(e)	 	1.02
	Section 315(a)	 	6.01
	(b)	 	6.02
	(c)	 	6.01
	(d)	 	6.01
	(e)	 	5.14
	Section 316(a)	 	1.01
	(a)(1)(A)	 	5.02
	 	 	5.12
	(a)(1)(B)	 	5.13
	(a)(2)	 	Not Applicable
	(b)	 	5.08
	(c)	 	1.04
	Section 317(a)(1)	 	5.03
	(a)(2)	 	5.04
	(b)	 	10.03
	Section 318(a)	 	1.07


  

  Note: This reconciliation and tie shall not, for any purpose, be deemed to be a part of the Indenture.

  
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  Table of Contents

   

  Page

   

  	Article I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	1
	Section 1.01   Definitions	1
	Section 1.02   Compliance Certificates and Opinions	8
	Section 1.03   Form of Documents Delivered to Trustee	9
	Section 1.04   Acts of Holders; Record Dates	9
	Section 1.05   Notices, Etc., to Trustee, Company	12
	Section 1.06   Notice to Holders; Waiver	12
	Section 1.07   Trust Indenture Act Matters	13
	Section 1.08   Effect of Headings and	13
	Section 1.09   Successors and Assigns	13
	Section 1.10   Separability Clause	13
	Section 1.11   Benefits of Indenture	13
	Section 1.12   Governing Law	14
	Section 1.13   Legal Holidays	14
	Section 1.14   No Adverse Interpretation of Other Agreements	14
	Section 1.15   No Personal Liability of Directors, Officers, Employees and Stockholders	14
	Section 1.16   Language of Notices, Etc.	14
	Section 1.17   Force Majeure	14
	Section 1.18   Waiver of Jury Trial	14
	Article II SECURITY FORMS	15
	Section 2.01   Forms Generally	15
	Section 2.02   Form of Face of Security	15
	Section 2.03   Form of Reverse of Security	17
	Section 2.04   Form of Legend for Global Securities	21
	Section 2.05   Form of Trustee’s Certificate of Authentication	21
	Article III THE SECURITIES	22
	Section 3.01   Amount Unlimited; Issuable in Series	22
	Section 3.02   Denominations	25
	Section 3.03   Execution, Authentication, Delivery and Dating	25


  
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  	Section 3.04   Temporary Securities	26
	Section 3.05   Registration, Registration of Transfer and Exchange	27
	Section 3.06   Mutilated, Destroyed, Lost and Wrongfully Taken Securities	29
	Section 3.07   Payment of Interest; Interest Rights Preserved	29
	Section 3.08   Persons Deemed Owners	31
	Section 3.09   Cancellation	31
	Section 3.10   Computation of Interest	31
	Section 3.11   CUSIP Numbers	31
	Article IV SATISFACTION AND DISCHARGE	32
	Section 4.01   Satisfaction and Discharge of Indenture	32
	Section 4.02   Application of Trust Money	33
	Article V REMEDIES	34
	Section 5.01   Events of Default	34
	Section 5.02   Acceleration of Maturity; Rescission and Annulment	35
	Section 5.03   Collection of Indebtedness and Suits for Enforcement by Trustee	36
	Section 5.04   Trustee May File Proofs of Claim	36
	Section 5.05   Trustee May Enforce Claims Without Possession of Securities	37
	Section 5.06   Application of Money Collected	37
	Section 5.07   Limitation on Suits	38
	Section 5.08   Unconditional Right of Holders to Receive Principal, Premium and Interest and to Convert	38
	Section 5.09   Restoration of Rights and Remedies	38
	Section 5.10   Rights and Remedies Cumulative	38
	Section 5.11   Delay or Omission Not Waiver	39
	Section 5.12   Control by Holders	39
	Section 5.13   Waiver of Past Defaults	39
	Section 5.14   Undertaking for Costs	40
	Section 5.15   Waiver of Usury, Stay or Extension Laws	40
	Article VI THE TRUSTEE	40
	Section 6.01   Certain Duties and Responsibilities	40
	Section 6.02   Notice of Defaults	41
	Section 6.03   Certain Rights of Trustee	42
	Section 6.04   Not Responsible for Recitals or Issuance of Securities	43


  
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  	Section 6.05   May Hold Securities	43
	Section 6.06   Money Held in Trust	43
	Section 6.07   Compensation and Reimbursement	43
	Section 6.08   Conflicting Interests	45
	Section 6.09   Corporate Trustee Required; Eligibility	45
	Section 6.10   Resignation and Removal; Appointment of Successor	45
	Section 6.11   Acceptance of Appointment by Successor	47
	Section 6.12   Merger, Conversion, Consolidation or Succession to Business	48
	Section 6.13   Preferential Collection of Claims Against Company	48
	Section 6.14   Appointment of Authenticating Agent	48
	Article VII HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY	49
	Section 7.01   Company to Furnish Trustee Names and Addresses of Holders	49
	Section 7.02   Preservation of Information; Communications to Holders	50
	Section 7.03   Reports by Trustee	50
	Section 7.04   Reports by Company	50
	Article VIII CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE	51
	Section 8.01   Company May Consolidate, Etc., Only on Certain Terms	51
	Section 8.02   Successor Substituted	51
	Article IX SUPPLEMENTAL INDENTURES	52
	Section 9.01   Supplemental Indentures Without Consent of Holders	52
	Section 9.02   Supplemental Indentures With Consent of Holders	53
	Section 9.03   Execution of Supplemental Indentures	54
	Section 9.04   Effect of Supplemental Indentures	55
	Section 9.05   Conformity with Trust Indenture Act	55
	Section 9.06   Reference in Securities to Supplemental Indentures	55
	Section 9.07   Subordination Unimpaired	55
	Article X COVENANTS	55
	Section 10.01   Payment of Principal, Premium and Interest	55
	Section 10.02   Maintenance of Office or Agency	55
	Section 10.03   Money for Securities Payments to Be Held in Trust	56
	Section 10.04   Corporate Existence	57
	Section 10.05   Statement by Officers as to Default	57


  
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  	Section 10.06   Waiver of Certain Covenants	57
	Article XI REDEMPTION OF SECURITIES	58
	Section 11.01   Applicability of Article	58
	Section 11.02   Election to Redeem; Notice to Trustee	58
	Section 11.03   Selection by Trustee of Securities to Be Redeemed	58
	Section 11.04   Notice of Redemption	59
	Section 11.05   Deposit of Redemption Price	60
	Section 11.06   Securities Payable on Redemption Date	60
	Section 11.07   Securities Redeemed in Part	61
	Section 11.08   No Limit on Repurchases	61
	Article XII SINKING FUNDS	61
	Section 12.01   Applicability of Article	61
	Section 12.02   Satisfaction of Sinking Fund Payments with Securities	61
	Section 12.03   Redemption of Securities for Sinking Fund	62
	Article XIII DEFEASANCE AND COVENANT DEFEASANCE	62
	Section 13.01   Company’s Option to Effect Defeasance or Covenant Defeasance	62
	Section 13.02   Defeasance and Discharge	62
	Section 13.03   Covenant Defeasance	63
	Section 13.04   Conditions to Defeasance or Covenant Defeasance	63
	Section 13.05   Deposited Money and U.S. Government Obligations to Be Held in Trust; Miscellaneous Provisions	65
	Section 13.06   Reinstatement	65
	Article XIV SUBORDINATION OF SECURITIES	66
	Section 14.01   Securities Subordinate to Senior Debt	66
	Section 14.02   Payment Over of Proceeds Upon Dissolution, Etc.	66
	Section 14.03   Prior Payment to Senior Debt Upon Acceleration of Securities	67
	Section 14.04   No Payment When Senior Debt in Default	68
	Section 14.05   Payment Permitted in Certain Situations	69
	Section 14.06   Subrogation to Rights of Holders of Senior Debt	69
	Section 14.07   Provisions Solely to Define Relative Rights	69
	Section 14.08   Trustee to Effectuate Subordination	70
	Section 14.09   No Waiver of Subordination Provisions	70
	Section 14.10   Notice to Trustee	70


  
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  	Section 14.11   Reliance on Judicial Order or Certificate of Liquidating Agent	71
	Section 14.12   Trustee Not Fiduciary For Holders of Senior Debt	71
	Section 14.13   Rights of Trustee as Holder of Senior Debt; Preservation of Trustee’s Rights	71
	Section 14.14   Article Applicable to Paying Agents	71


  
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  INDENTURE, dated as of               , 20       between Aris Water Solutions, Inc., a corporation duly organized and existing under the laws of the State of Delaware
    (herein called the “Company”), having its principal office at 9811 Katy Freeway, Suite 700, Houston Texas 77024, and [Trustee’s Name], a [ ] duly organized and existing under the laws of [ ], as Trustee (herein called the “Trustee”).

   

  RECITALS OF THE COMPANY

   

  The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured debentures, notes or other
    evidences of indebtedness (herein called the “Securities”) to be issued in one or more series as in this Indenture provided.

   

  All things necessary to make this Indenture a valid agreement of the Company in accordance with its terms have been done.

   

  NOW, THEREFORE, THIS INDENTURE WITNESSETH:

   

  For and in consideration of the premises and the purchase of the Securities by the Holders thereof, it is mutually agreed, for the equal and proportionate benefit of
    all Holders of the Securities or of series thereof, as follows:

   

  Article I

    DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

   

  Section 1.01     Definitions. For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires:

   

  (1)           the terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular;

   

  (2)           all other terms used herein which are defined in the Trust Indenture Act, either directly or by reference therein, have the meanings assigned to them
    therein;

   

  (3)           all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP;

   

  (4)           unless the context otherwise requires, any reference to an “Article” or a “Section” refers to an Article or a Section, as the case may be, of
    this Indenture;

   

  (5)           the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not to any particular Article,
    Section or other subdivision;

   

  (6)           when used with respect to any Security, the words “convert,” “converted” and “conversion” are intended to refer to the right of the Holder or the Company
    to convert or exchange such Security into or for securities or other property in accordance with such terms, if any, as may hereafter be specified for such Security as contemplated by Section 3.01, and these words are not intended to refer to any right
    of the Holder or the Company to exchange such Security for other Securities of the same series and like tenor pursuant to Section 3.04, 3.05, 3.06, 9.06 or 11.07 or another similar provision of this Indenture, unless the context otherwise requires; and
    references herein to the terms of any Security that may be converted mean such terms as may be specified for such Security as contemplated in Section 3.01;

   

  [Signature Page to Indenture] 

  

  
    

    
      
 

  

   

  (7)           unless the context otherwise requires, any reference to “duly provided for” and other words of similar import with respect to any amount or property
    required to be paid or delivered, as applicable, shall include, without limitation, having made such amount or property available for payment or delivery;

   

  (8)           references to sections of or rules under the Securities Act shall be deemed to include substitute, replacement of successor sections or rules adopted by
    the Commission from time to time;

   

  (9)           when the words “includes” or “including” are used herein, they shall be deemed to be followed by the words “without limitation;” and

   

  (10)         “or” is not exclusive.

   

  “Act” when used with respect to any Holder, has the meaning specified in Section 1.04.

   

  “Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by, or under direct or indirect common control with,
    such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting
    securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

   

  “Applicable Procedures” of a Depositary means, with respect to any matter at any time, the policies and procedures of such Depositary, if any, that are
    applicable to such matter at such time.

   

  “Authenticating Agent” means, when used with respect to Securities of any series, any Person authorized by the Trustee to act on behalf of the Trustee to
    authenticate the Securities of such series.

   

  “Board of Directors” means any of (a) the board of directors of the Company, (b) any duly authorized committee of that board or (c) any officer of the Company
    duly authorized by the board of directors of the Company to take a specified action.

   

  “Board Resolution” means a copy of a resolution certified by the Secretary or an Assistant Secretary of the Company to have been duly adopted by the Board of
    Directors and to be in full force and effect on the date of such certification, and delivered to the Trustee. Where any provision of this Indenture refers to action to be taken pursuant to a Board Resolution (including the establishment of any series
    of the Securities and the forms and terms thereof), such action may be taken by any officer or employee of the Company authorized to take such action by the Board of Directors as evidenced by a Board Resolution.

   

  

  
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  “Business Day” when used with respect to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking
    institutions in that Place of Payment are authorized or obligated by law or executive order to close; provided that, when used with respect to any Security, “Business Day” may have such other meaning, if any, as may be specified for
    such Security as contemplated by Section 3.01.

   

  “Capital Stock” means:

   

  (1)           in the case of a corporation, corporate stock;

   

  (2)           in the case of a limited liability company or similar entity, any membership or similar interests therein;

   

  (3)           in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of
    corporate stock;

   

  (4)           in the case of a partnership, partnership interests (whether general or limited); and

   

  (5)           any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the
    issuing Person.

   

  “Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act, or, if at any time after the
    execution of this instrument such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time.

   

  “Company” means the Person named as the “Company” in the first paragraph of this instrument until a successor Person shall have become such pursuant to
    the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person.

   

  “Company Request” or “Company Order” means a written request or order signed in the name of the Company by any two Officers of the Company.

   

  “Corporate Trust Office” means the designated office of the Trustee in [ , ] at which at any particular time its corporate trust business shall be administered
    and which, at the date hereof, is located at [TRUSTEE’S ADDRESS], or at such other address as the Trustee may designate from time to time by notice to the Holders and the Company, or the principal corporate trust office of any successor Trustee.

   

  “Corporation” means a corporation, association, company (including a limited liability company), joint-stock company, business trust or other business entity
    (other than a partnership).

   

  “Covenant Defeasance” has the meaning specified in Section 13.03.

   

  “Defaulted Interest” has the meaning specified in Section 3.07.

   

  “Defeasance” has the meaning specified in Section 13.02.

   

  

  
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  “Depositary” means, with respect to Securities of any series issuable in whole or in part in the form of one or more Global Securities, a clearing agency
    registered under the Exchange Act that is designated to act as depositary for such Securities as contemplated by Section 3.01.

   

  “DTC” has the meaning specified in Section 1.04.

   

  “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any debt security that is convertible
    into, or exchangeable for, Capital Stock).

   

  “Event of Default” has the meaning specified in Section 5.01.

   

  “Exchange Act” means the Securities Exchange Act of 1934 and any statute successor thereto, in each case as amended from time to time.

   

  “Expiration Date” has the meaning specified in Section 1.04.

   

  “GAAP” means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute
    of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board, the Public Company Accounting Oversight Board or in such other statements by such other entity as have been approved by a significant segment
    of the accounting profession, which are in effect from time to time. All ratio computations based on GAAP contained in this Indenture will be computed in conformity with GAAP.

   

  “Global Security” means a Security that evidences all or part of the Securities of any series and bears the legend set forth in Section 2.04 (or such legend as
    may be specified as contemplated by Section 3.01 for such Securities).

   

  “Holder” means a Person in whose name a Security is, at the time of determination, registered in the Security Register.

   

  “Indebtedness” means, with respect to any Person, without duplication, any indebtedness of such Person, whether or not contingent: (a) in respect of borrowed
    money; (b) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect thereof); (c) in respect of banker’s acceptances; (d) representing capital lease obligations; (e) representing the
    balance deferred and unpaid of the purchase price of any property, except any such balance that constitutes an accrued expense or trade payable; or (f) representing any hedging obligation, if and to the extent any of the foregoing indebtedness (other
    than letters of credit and hedging obligations) would appear as a liability upon a balance sheet of such Person prepared in accordance with GAAP. In addition, the term “Indebtedness” includes (x) all indebtedness of any other Person, of the
    types described above in Clauses (a) through (f), secured by a lien on any asset of such Person (whether or not such indebtedness is assumed by such Person), and (y) to the extent not otherwise included, the guarantee by such Person of any indebtedness
    of any other Person of the types described above in Clauses (a) through (f).

   

  

  
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  “Indenture” means this instrument as originally executed and as it may from time to time be supplemented or amended by one or more indentures supplemental
    hereto entered into pursuant to the applicable provisions hereof, including, for all purposes of this instrument and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument
    and any such supplemental indenture, respectively. The term “Indenture” shall also include the terms of any particular series or specific Securities within a series established as contemplated by Section 3.01.

   

  “Interest,” when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after
    Maturity.

   

  “Interest Payment Date” when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

   

  “Maturity” when used with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable
    as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise.

   

  “Notice of Default” means a written notice of the kind specified in Section 5.01(4).

   

  “Officer” means, with respect to any Person, the Chairman of the Board, the Chief Executive Officer, the President, the Chief Operating Officer, the Chief
    Financial Officer, the Chief Administrative Officer, the Chief Accounting Officer, the Chief Legal Officer, the Treasurer, any Assistant Treasurer, the Controller, the Secretary or any Vice-President of such Person (or, if such Person is a partnership,
    the general partner thereof) or any other officer or officers of such Person (or such general partner) designated in a writing by or pursuant to authority of the Board of Directors and delivered to the Trustee from time to time.

   

  “Officers’ Certificate” means a certificate signed on behalf of the Company by at least two Officers of the Company, one of whom shall be the principal
    executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company, that meets the requirements of Section 1.02.

   

  “Opinion of Counsel” means a written opinion from legal counsel (who may be an employee of or counsel for the Company or any Affiliate thereof) who is
    reasonably acceptable to the Trustee that meets the requirements of Section 1.02.

   

  “Original Issue Discount Security” means any Security which provides for an amount less than the principal amount thereof to be due and payable upon a
    declaration of acceleration of the Maturity thereof pursuant to Section 5.02.

   

  “Outstanding,” when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered under this
    Indenture, except:

   

  (1)           Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

   

  

  
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  (2)           Securities for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any Paying Agent (other than
    the Company) in trust or set aside and segregated in trust by the Company (if the Company shall act as its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice of such redemption
    has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made;

   

  (3)           Securities as to which Defeasance has been effected pursuant to Section 13.02;

   

  (4)           Securities which have been paid pursuant to Section 3.06 or in exchange for or in lieu of which other Securities have been authenticated and delivered
    pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a protected purchaser in whose hands such Securities are valid
    obligations of the Company; and

   

  (5)           Securities as to which any property deliverable upon conversion thereof has been delivered (or such delivery has been duly provided for), or as to which
    any other particular conditions have been satisfied, in each case as may be provided for such Securities as contemplated in Section 3.01; provided, however, that in determining whether the Holders of the requisite principal amount of the Outstanding
    Securities have given, made or taken any request, demand, authorization, direction, notice, consent, waiver or other action hereunder as of any date, (A) the principal amount of an Original Issue Discount Security which shall be deemed to be
    Outstanding shall be the amount of the principal thereof which would be due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 5.02, (B) if, as of such date, the principal amount payable at the Stated
    Maturity of a Security is not determinable, the principal amount of such Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 3.01, (C) the principal amount of a Security denominated
    in one or more foreign currencies, composite currencies or currency units which shall be deemed to be Outstanding shall be the U.S. dollar equivalent, determined as of such date in the manner provided as contemplated by Section 3.01, of the principal
    amount of such Security (or, in the case of a Security described in Clause (A) or (B) above, of the amount determined as provided in such Clause), and (D) Securities owned by the Company, or any other obligor upon the Securities or any Affiliate of the
    Company or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, waiver or
    other action, only Securities which a Responsible Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the
    satisfaction of the Trustee the pledgee’s right so to act with respect to such Securities and that the pledgee is not the Company or any other obligor upon the Securities or any Affiliate of the Company.

   

  “Paying Agent” means any Person authorized by the Company to pay the principal of or any premium or interest on any Securities on behalf of the Company.

   

  

  
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  “Person” means any individual, corporation, partnership, joint venture, trust, unincorporated organization or government or any agency or political subdivision
    thereof.

   

  “Place of Payment” when used with respect to the Securities of any series and subject to Section 10.02, means the place or places where the principal of and any
    premium and interest on the Securities of that series are payable as contemplated by Section 3.01.

   

  “Predecessor Security” of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such
    particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.06 in exchange for or in lieu of a mutilated, destroyed, lost or wrongfully taken Security shall be deemed to evidence the same debt
    as the mutilated, destroyed, lost or wrongfully taken Security.

   

  “Redemption Date” when used with respect to any Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture.

   

  “Redemption Price” when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

   

  “Regular Record Date” for the interest payable on any Interest Payment Date on the Securities of any series, means the date specified for that purpose as
    contemplated by Section 3.01.

   

  “Responsible Officer” when used with respect to the Trustee, means any officer within the corporate trust department of the Trustee (or any successor group of
    the Trustee) or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also means, with respect to a particular corporate trust matter, any other officer to whom such
    matter is referred because of his or her knowledge of and familiarity with the particular subject.

   

  “Securities” has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this
    Indenture.

   

  “Securities Act” means the Securities Act of 1933 and any statute successor thereto, in each case as amended from time to time.

   

  “Security Register” and “Security Registrar” have the respective meanings specified in Section 3.05.

   

  “Senior Debt” means, with respect to the Company: (a) the indebtedness of the Company under or in respect of (i) the Company’s senior secured revolving credit
    facility and (ii) the Company’s 7.625% Senior Sustainability-Linked Notes due 2026, whether for principal, interest (including interest accruing after the filing of a petition initiating any proceeding pursuant to any bankruptcy law, whether or not the
    claim for such interest is allowed as a claim in such proceeding), reimbursement obligations, fees, commissions, expenses, indemnities or other amounts and (b) any Indebtedness of the Company permitted under the terms of this Indenture, unless the
    instrument under which such Indebtedness is incurred expressly provides that it is on a parity in right of payment with or subordinated in right of payment to the Securities.

   

  

  
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  Notwithstanding the foregoing, “Senior Debt” will not include: (a) Equity Interests; (b) any liability for federal, state, local or other taxes due or owed by the
    Company; (c) any Indebtedness of the Company to any Subsidiaries or Affiliates of the Company; (d) any trade payables; or (e) any Indebtedness that is incurred in violation of this Indenture.

   

  “Special Record Date” for the payment of any Defaulted Interest, means a date fixed by the Trustee pursuant to Section 3.07.

   

  “Stated Maturity” when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security
    as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.

   

  “Subsidiary” with respect to any Person, means any (i) corporation (other than a partnership) of which the outstanding Capital Stock having a majority of the
    votes entitled to be cast in the election of directors, managers or trustees of such corporation under ordinary circumstances shall at the time be owned, directly or indirectly, by such Person or any other Person of which a majority of the voting
    interests under ordinary circumstances is at the time, directly or indirectly, owned by such Person or (ii) any partnership (a) the sole general partner or the managing general partner of which is such Person or a Subsidiary of such Person or (b) the
    only general partners of which are that Person or one or more Subsidiaries of that Person (or any combination thereof).

   

  “Trust Indenture Act” means the Trust Indenture Act of 1939 as in force at the date as of which this Indenture was executed; provided, however, that in the
    event the Trust Indenture Act of 1939 is amended after such date, “Trust Indenture Act” means, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended.

   

  “Trustee” means the Person named as the “Trustee” in the first paragraph of this instrument until a successor Trustee shall have become such pursuant to
    the applicable provisions of this Indenture, and thereafter “Trustee” shall mean or include each Person who is then a Trustee hereunder, and if at any time there is more than one such Person, “Trustee” as used with respect to the
    Securities of any series shall mean the Trustee with respect to Securities of that series.

   

  “Uniform Commercial Code” means the Uniform Commercial Code in effect in the State of Delaware or the State of New York, as applicable, in each case as amended
    from time to time.

   

  “U.S. Government Obligation” has the meaning specified in Section 13.04.

   

  “Vice President” when used with respect to the Company, means any executive vice president and any senior vice president, whether or not designated by a number
    or a word or words added before or after the title “executive vice president” or “senior vice president.”

   

  Section 1.02     Compliance Certificates and Opinions. Upon any application or request by the Company to the Trustee to take any action under any provision of
    this Indenture, the Company, shall furnish to the Trustee such certificates and opinions as may be required under the Trust Indenture Act. Each such certificate or opinion shall be given in the form of an Officers’ Certificate, if to be given by an
    officer of the Company, or an Opinion of Counsel, if to be given by counsel, and shall comply with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture.

   

  

  
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  Every certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture shall include:

   

  (1)       a statement that each individual signing such certificate or opinion has read such covenant or condition and the definitions herein relating thereto;

   

  (2)       a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion
    are based;

   

  (3)       a statement that, in the opinion of each such individual, he has made such examination or investigation as is necessary to enable him to express an informed
    opinion as to whether or not such covenant or condition has been complied with; and

   

  (4)       a statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with.

   

  Section 1.03     Form of Documents Delivered to Trustee. In any case where several matters are required to be certified by, or covered by an opinion of, any
    specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with
    respect to some matters and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents.

   

  Any certificate or opinion of an officer of the Company may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by,
    counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which his certificate or opinion is based are erroneous. Any such certificate or
    opinion of, or representation by, counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company stating that the information with respect to such factual
    matters is in the possession of the Company unless such counsel knows that the certificate or opinion or representations with respect to such matters are erroneous.

   

  Where any Person is required to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this
    Indenture, they may, but need not, be consolidated and form one instrument.

   

  Section 1.04     Acts of Holders; Record Dates. Any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by
    this Indenture to be given, made or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by an agent or agents duly appointed in writing; and, except as herein
    otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company. Such instrument or instruments (and the action embodied
    therein and evidenced thereby) are herein sometimes referred to as the “Act” of the Holders signing such instrument or instruments. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any
    purpose of this Indenture and (subject to Section 6.01) conclusive in favor of the Trustee, the Company, if made in the manner provided in this Section 1.04.

   

  

  
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  Without limiting the generality of this Section 1.04, unless otherwise provided in or pursuant to this Indenture, (i) a Holder, including a Depositary or its nominee
    that is a Holder of a Global Security, may give, make or take, by an agent or agents duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted in or pursuant to this
    Indenture to be given, made or taken by Holders, and a Depositary or its nominee that is a Holder of a Global Security may duly appoint in writing as its agent or agents members of, or participants in, such Depositary holding interests in such Global
    Security in the records of such Depositary; and (ii) with respect to any Global Security the Depositary for which is The Depository Trust Company (“DTC”), any consent or other action given, made or taken by an “agent member” of DTC by electronic
    means in accordance with the Automated Tender Offer Procedures system or other Applicable Procedures of, and pursuant to authorization by, DTC shall be deemed to constitute the “Act” of the Holder of such Global Security, and such Act shall be
    deemed to have been delivered to the Company, and the Trustee upon the delivery by DTC of an “agent’s message” or other notice of such consent or other action having been so given, made or taken in accordance with the Applicable Procedures of DTC.

   

  The fact and date of the execution by any Person of any instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a
    notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such execution is by a signer acting in a capacity
    other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing the same, may also
    be proved in any other manner which the Trustee deems sufficient.

   

  The ownership of Securities shall be proved by the Security Register.

   

  Any request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security
    and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Company in reliance thereon, whether or not
    notation of such action is made upon such Security.

   

  With respect to Securities of any series, the Company may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of such
    series entitled to give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of Securities of such series, provided that

    the Company may not set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving, making or taking of any notice, declaration, request or direction referred to in the next paragraph. If any record date is set
    pursuant to this paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to give, make or take the relevant action, whether or not such Holders remain Holders after such
    record date; provided, however, that no such action shall be effective hereunder unless given, made or taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such
    series on such record date. Nothing in this paragraph shall be construed to prevent the Company from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph (whereupon the record date
    previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render ineffective any action given, made or taken by Holders of the requisite principal amount of
    Outstanding Securities of the relevant series on the date such action is given, made or taken. Promptly after any record date is set pursuant to this paragraph, the Company, at its own expense, shall cause notice of such record date, the proposed
    action by Holders and the applicable Expiration Date to be given to the Trustee in writing and to each Holder of Securities of the relevant series in the manner set forth in Sections 1.05 and 1.06.

   

  

  
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  The Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of any series entitled to join in the giving, making
    or taking of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 5.02, (iii) any request to institute proceedings referred to in Section 5.07(2) or (iv) any direction referred to in Section 5.12, in each case with
    respect to Securities of such series. If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of such series on such record date, and no other Holders, shall be entitled to give, make or take such notice,
    declaration, request or direction, whether or not such Holders remain Holders after such record date; provided, however, that no such action shall be effective hereunder unless given, made or taken on or prior to the applicable
    Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date. Nothing in this paragraph shall be construed to prevent the Trustee from setting a new record date for any action for which a
    record date has previously been set pursuant to this paragraph (whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no effect), and nothing in this paragraph shall be construed to render
    ineffective any action given, made or taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is given, made or taken. Promptly after any record date is set pursuant to this paragraph,
    the Trustee, at the Company’s expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the Company in writing and to each Holder of Securities of the relevant series in the manner
    set forth in Sections 1.05 and 1.06.

   

  With respect to any record date set pursuant to this Section 1.04, the party hereto which sets such record date may designate any day as the “Expiration Date”
    and from time to time may change the Expiration Date to any earlier or later day; provided that no such change shall be effective unless notice of the proposed new Expiration Date is given to the other party hereto in writing, and to each
    Holder of Securities of the relevant series in the manner set forth in Section 106, on or prior to the existing Expiration Date. If an Expiration Date is not designated with respect to any record date set pursuant to this Section 1.04, the party hereto
    which set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date with respect thereto, subject to its right to change the Expiration Date to an earlier day as provided in this
    paragraph. Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day after the applicable record date.

   

  

  
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  Without limiting the foregoing, a Holder entitled hereunder to give, make or take any action hereunder with regard to any particular Security may do so, in person or
    by an agent duly appointed in writing, with regard to all or any part of the principal amount of such Security.

   

  Section 1.05     Notices, Etc., to Trustee, Company. Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document
    provided or permitted by this Indenture to be made upon, given or furnished to, or filed with, (1) the Trustee by any Holder or by the Company shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if made, given,
    furnished or filed in writing and delivered in Person, mailed by first class mail (registered or certified, return receipt requested), transmitted by facsimile or sent by overnight courier guaranteeing next Business Day delivery to or with the Trustee
    addressed to it at its Corporate Trust Office, Facsimile [ ] or (2) the Company or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if made, given, furnished or filed in writing and delivered in
    Person, mailed by first class mail (registered or certified, return receipt requested), transmitted by facsimile or sent by overnight courier guaranteeing next Business Day delivery, to or with the Company addressed to it at the address of its
    principal office specified in the first paragraph of this instrument, Attention: Adrian Milton with a copy to Gibson, Dunn & Crutcher LLP, 811 Main Street, Suite 3000, Houston, Texas 77002, Attention: Hillary H. Holmes, or at any other address
    previously furnished in writing to the Trustee by the Company.

   

  All requests, demands, authorizations, directions, notices, consents, waivers or Acts of Holders or other such documents made, given, furnished or filed with or to the
    Trustee the Company shall be deemed to have been duly made, given furnished or filed: (i) at the time delivered by hand, if personally delivered; (ii) five calendar days after being deposited in the mail, postage prepaid, if mailed; (iii) when receipt
    is acknowledged, if telecopied; and (iv) the next Business Day after timely delivery to the courier, if sent by overnight air courier guaranteeing next Business Day delivery. Notices given by publication will be deemed given on the first date on which
    publication is made.

   

  Section 1.06     Notice to Holders; Waiver. Where this Indenture provides for notice or other communication to Holders of any event, such notice shall be
    sufficiently given (unless otherwise herein expressly provided) if given in writing and mailed by first class mail (registered or certified, return receipt requested) or sent by overnight air courier guaranteeing next Business Day delivery, to each
    Holder affected by such event, at such Holder’s address as it appears in the Security Register, not later than the latest date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice or other communication.
    Any notice or other communication shall also be so mailed or sent to any Person described in Section 313(c) of the Trust Indenture Act, to the extent required by the Trust Indenture Act. Failure to mail or send a notice or other communication to a
    Holder or any defect in it shall not affect its sufficiency with respect to other Holders.

   

  

  
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  If a notice or communication is mailed or sent in the manner provided above within the time prescribed, it is duly given, whether or not the addressee receives it.
    Where this Indenture provides for notice or other communication in any manner, such notice or other communication may be waived in writing by the Person entitled to receive such notice or other communication, either before or after the event, and such
    waiver shall be the equivalent of such notice or other communication. Waivers of notice or other communication by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in
    reliance upon such waiver. If the Company mails a notice or communication to the Holders, it shall mail a copy to the Trustee at the same time.

   

  In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice or other communication by
    mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.

   

  Where this Indenture provides for notice or other communication with respect to any event to a Holder of a Global Security, such notice or other communication shall be
    sufficiently given if given to the Depositary for such Security (or its designee), pursuant to its Applicable Procedures, not later than the latest date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice
    or other communication.

   

  Section 1.07     Trust Indenture Act Matters. If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act which is
    required under such Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act which may be so modified or excluded, the latter
    provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be. Whenever this Indenture refers to a provision of the Trust Indenture Act, the provision is incorporated by reference in and made a part of this
    Indenture.

   

  Section 1.08     Effect of Headings and. The Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the
    construction hereof.

   

  Section 1.09     Successors and Assigns. All covenants and agreements in this Indenture and the Securities by the Company and the Trustee, except as otherwise
    provided in Section 8.02, shall bind their respective successors and assigns, whether so expressed or not.

   

  Section 1.10     Separability Clause. In case any provision in this Indenture, or in the Securities shall be invalid, illegal or unenforceable, the validity,
    legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

   

  Section 1.11     Benefits of Indenture. Nothing in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties
    hereto and their successors hereunder, the holders of Senior Debt and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture, except as may otherwise be provided pursuant to Section 3.01 with respect to any
    Securities of a particular series or under this Indenture with respect to such Securities.

  
    13

    
      
 

  

   

  Section 1.12     Governing Law. This Indenture and the Securities and the rights and obligations of the parties hereto and thereto, including the
    interpretation, construction, validity and enforceability thereof, shall be governed by and construed and interpreted in accordance with the law of the State of New York.

   

  Section 1.13     Legal Holidays. In any case where any Interest Payment Date, Redemption Date or Maturity of any Security, or any date on which a Holder has the
    right to convert his Security, shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities (other than a provision of any Security which specifically states that such provision
    shall apply in lieu of this Section 1.13)) payment of interest or principal (and premium, if any), or conversion of such Security need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place
    of Payment with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at the Maturity, or on such date for conversion, as the case may be.

   

  Section 1.14     No Adverse Interpretation of Other Agreements. This Indenture may not be used to interpret any other indenture, loan or other agreement of the
    Company or any Subsidiaries of the Company or of any other Person. Any such indenture, loan or other agreement may not be used to interpret this Indenture.

   

  Section 1.15     No Personal Liability of Directors, Officers, Employees and Stockholders. No past, present or future director, officer, employee, incorporator
    or stockholder of the Company, as such, will have any liability for any obligations of the Company, under the Securities or this Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of
    Securities by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Securities. The waiver may not be effective to waive liabilities under the federal securities laws.

   

  Section 1.16     Language of Notices, Etc. Any request, demand, authorization, direction, notice, consent, waiver, other action or Act provided or permitted
    under this Indenture shall be in the English language, except that any published notice may be in an official language of the country of publication.

   

  Section 1.17     Force Majeure. Subject to Section 6.01, in no event shall the Trustee be responsible or liable for any failure or delay in the performance of
    its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural
    catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts that are consistent with accepted
    practices in the banking industry to resume performance as soon as practicable under the circumstances.

   

  Section 1.18     Waiver of Jury Trial. EACH OF THE COMPANY AND THE TRUSTEE HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY
    HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS INDENTURE.

   

  

  
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  Article II

    SECURITY FORMS

   

  Section 2.01     Forms Generally. As to each series of Securities, the Securities of such series shall be in substantially the form set forth in this Article,
    or in such other form as shall be established by or pursuant to a Board Resolution or in one or more indentures supplemental hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this
    Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or Depositary therefor or as may, consistently
    herewith, be determined by the officers executing such Securities as evidenced by their execution thereof. If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such
    action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 3.03 for the authentication and delivery of such Securities.

   

  The definitive Securities shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the
    officers of the Company executing such Securities.

   

  Section 2.02     Form of Face of Security.

   

  [Insert any legend required by the Internal Revenue Code and the regulations thereunder.]

   

  CUSIP [ ]

  		No.	$


   

  ARIS WATER SOLUTIONS, INC.

   

  ARIS WATER SOLUTIONS, INC., a corporation duly organized and existing under the laws of the State of Delaware (herein called the “Company”, which term includes any successor Person
    under the Indenture hereinafter referred to), for value received, hereby promises to pay to, or registered assigns, the principal sum of Dollars on [if the Security is to bear interest prior to Maturity, insert —, and to pay interest thereon
      from 1 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on and in each year, commencing, and at
      the Maturity thereof, at the rate of % per annum, until the principal hereof is paid or made available for payment, provided that any premium, and any such installment of interest, which is overdue shall bear interest at the rate of % per
      annum (to the extent that the payment of such interest shall be legally enforceable), from the date such overdue amount is due until such amount is paid or duly provided for, and such interest on any overdue amount shall be payable on demand](3).
    The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of
    business on the Regular Record Date for such interest, which shall be the or (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest so payable, but not punctually paid or duly provided for,
    will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for
    the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid in any other lawful manner not inconsistent
    with the requirements of any securities exchange on which this Security may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

   

  
  
     

  

  
  

  1 If the Securities of the applicable series are to be sold “flat”, insert the date of original issuance
    of Securities of such series. If the Securities of the applicable series are to be issued “with accrued interest”, insert the Interest Payment Date for Securities of such series next preceding the date of original issuance of Securities of such series.

   

  

  
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  [If the Security is not to bear interest prior to Maturity, insert — The principal of this Security shall not bear interest except in the case of a default
      in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of [ ]% per annum (to the extent that the payment of such interest shall
      be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand. Any such interest on overdue principal or premium which is not
      paid on demand shall bear interest at the rate of [ ]% per annum (to the extent that the payment of such interest on interest shall be legally enforceable), from the date of such demand until the amount so demanded is paid or made available for
      payment. Interest on any overdue interest shall be payable on demand.]2

   

  Payment of the principal of (and premium, if any) and [if applicable, insert — any such] interest on this Security will be made at the office or agency of the
    Company maintained for that purpose in New York, New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, against surrender of this Security in the case of any
    payment due at the Maturity of the principal thereof or any payment of interest becomes payable on a day other than an Interest Payment Date; provided, however, that if this Security is not a Global Security, (i) payment of interest on
    an Interest Payment Date will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register; and all other payments will be made by check against surrender of this Security; (ii) all
    payments by check will be made in next-day funds (i.e., funds that become available on the day after the check is cashed); and (iii) notwithstanding clauses (i) and (ii) above, with respect to any payment of any amount due on this Security, if this
    Security is in a denomination of at least $1,000,000 and the Holder hereof at the time of surrender hereof or, in the case of any payment of interest on any Interest Payment Date, the Holder thereof on the related Regular Record Date delivers a written
    request to the Paying Agent to make such payment by wire transfer at least five Business Days before the date such payment becomes due, together with appropriate wire transfer instructions specifying an account at a bank in New York, New York, the
    Company shall make such payment by wire transfer of immediately available funds to such account at such bank in New York City, any such wire instructions, once properly given by a Holder as to this Security, remaining in effect as to such Holder and
    this Security unless and until new instructions are given in the manner described above and provided further, that notwithstanding anything in the foregoing to the contrary, if this Security is a Global Security, payment shall be made pursuant
    to the Applicable Procedures of the Depositary as permitted in said Indenture.

   

  
  
     

  

  
  

  2 To remain in brackets and
    italicized in indenture as executed

   

  
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  Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same
    effect as if set forth at this place.

   

  Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be
    entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

   

  IN WITNESS WHEREOF, the Company has caused this instrument to be duly signed manually or by facsimile by its duly authorized officers.

   

  

   

  	 	ARIS WATER SOLUTIONS, INC., a Delaware corporation
	 	 	 
		By:	     


   

  		Name:	       


   

  		Title:	       


   

  Section 2.03     Form of Reverse of Security. This Security is one of a duly authorized issue of senior securities of the Company (herein called the “Securities”),


    issued and to be issued in one or more series under an Indenture, dated as of [Insert date of indenture] (herein called the “Indenture”, which term shall have the meaning assigned to it in such instrument), between the Company and [Name

      of Trustee], as Trustee (herein called the “Trustee,” which term includes any successor trustee under the Indenture), and reference is hereby made to the Indenture for a statement of the respective rights, limitations of rights, duties and
    immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on the face hereof [if
        applicable, insert — limited in aggregate principal amount to $].

   

  [If applicable, insert — The Securities of this series are subject to redemption upon not less than 30 days’ nor more than 60 days’ notice, at any time [if

        applicable, insert — on or after [ ], 20[ ]], as a whole or in part, at the election of the Company, at the following Redemption Prices (expressed as percentages of the principal amount): If redeemed [if applicable, insert — on or before [ ], [
      ]%, and if redeemed] during the 12-month period beginning [ ] of the years indicated,

   

  

  
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          Year

        	 	
          Redemption Price 

        	 	
          Year 

        	 	
          Redemption Price 

        
	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 


  

  

  and thereafter at a Redemption Price equal to [ ]% of the principal amount, together in the case of any such redemption with accrued interest to the Redemption Date, but interest
      installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the
      face hereof, all as provided in the Indenture.]](3)

   

  [If applicable, insert — The Securities of this series are subject to redemption upon not less than 30 nor more than 60 days’ notice by mail, (1) on [ ] in
      any year commencing with the year [ ] and ending with the year [ ] through operation of the sinking fund for this series at the Redemption Prices for redemption through operation of the sinking fund (expressed as percentages of the principal amount)
      set forth in the table below, and (2) at any time [if applicable, insert — on or after [ ], as a whole or in part, at the election of the Company, at the Redemption Prices for redemption otherwise than through operation of the sinking fund (expressed
      as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period beginning [ ] of the years indicated,

   

  	Year	 	Redemption Price For 

            Redemption Through 

            Operation of the Sinking 

            Fund	 	Redemption Price For 

            Redemption Otherwise Than 

            Through Operation of the 

            Sinking Fund
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 


   

  and thereafter] at a Redemption Price equal to % of the principal amount, together in the case of any such redemption (whether through operation of the sinking fund or otherwise) with
      accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of
      business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.](3)

   

  [If applicable, insert — Notwithstanding the foregoing, the Company may not, prior to [ ], redeem any Securities of this series as contemplated by [if applicable,
      insert — clause (2) of] the preceding paragraph as a part of, or in anticipation of, any refunding operation by the application, directly or indirectly, of moneys borrowed having an interest cost to the Company (calculated in accordance with
      generally accepted financial practice) of less than [ ]% per annum.](3)

   

  [If applicable, insert — The sinking fund for this series provides for the redemption on [ ] in each year beginning with the year [ ] and ending with the year [ ]
      of [if applicable, insert — not less than $[ ] (“mandatory sinking fund”) and not more than] $[ ] aggregate principal amount of Securities of this series. Securities of this series acquired or redeemed by the Company otherwise than
      through [if applicable, insert — mandatory] sinking fund payments may be credited against subsequent [if applicable, insert — mandatory] sinking fund payments otherwise required to be made [if applicable, insert —, in the
      inverse order in which they become due.]](3)

   

  

  
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  [If the Security is subject to redemption of any kind, insert — In the event of redemption of this Security in part only, a new Security or Securities of
      this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.](3)

   

  The Indebtedness evidenced by this Security is, to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of
    all Senior Debt, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the
    Trustee on his or her behalf to take such actions as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee his or her attorney-in-fact for any and all such purposes. Each Holder hereof, by his or her
    acceptance hereof, waives all notice of the acceptance of the subordination provisions contained herein and in the Indenture by each holder of Senior Debt, whether now outstanding or hereafter created, incurred, assumed or guaranteed, and waives
    reliance by each such holder upon said provisions.

   

  [If applicable, insert — The Indenture contains provisions for defeasance at any time of the entire Indebtedness of this Security or certain
      restrictive covenants and Events of Default with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.](3)

   

  [If the Security is not an Original Issue Discount Security, insert — If an Event of Default with respect to Securities of this series shall occur and be
      continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.](3)

   

  [If the Security is an Original Issue Discount Security, insert — If an Event of Default with respect to Securities of this series shall occur and be
      continuing, an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. Such amount shall be equal to — insert formula for determining the amount. Upon payment
      (i) of the amount of principal so declared due and payable and (ii) of interest on any overdue principal, premium and interest (in each case to the extent that the payment of such interest shall be legally enforceable), all of the Company’s
      obligations in respect of the payment of the principal of and premium and interest, if any, on the Securities of this series shall terminate.](3)

   

  The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the
    rights of the Holders of the Securities to be affected under the Indenture at any time by the Company and the Trustee with the consent of the Holders of a majority in principal amount (including consents obtained in connection with a purchase of, or
    tender offer or exchange offer for, Securities) of all Securities at the time Outstanding to be affected (considered together as one class for this purpose and such Securities to be affected potentially being Securities of the same or different series
    and, with respect to any series, potentially comprising fewer than all the Securities of such series), except as may otherwise be provided pursuant to the Indenture for all or any specific Securities of any series. The Indenture also contains
    provisions (i) permitting the Holders of a majority in principal amount (including waivers obtained in connection with a purchase of, or tender offer or exchange offer for, Securities) of the Securities at the time Outstanding to be affected under the
    Indenture (considered together as one class for this purpose and such affected Securities potentially being Securities of the same or different series and, with respect to any particular series, potentially comprising fewer than all the Securities of
    such series), on behalf of the Holders of all Securities so affected, to waive compliance by the Company with certain provisions of the Indenture and (ii) permitting the Holders of a majority in principal amount (including waivers obtained in
    connection with a purchase of, or tender offer or exchange offer for, Securities) of the Securities at the time Outstanding of any series to be affected under the Indenture (with each such series considered separately for this purpose), on behalf of
    the Holders of all Securities of such series, to waive certain past defaults under the Indenture with respect to such series and their consequences, in the case of Clause (i) or (ii), except as may otherwise be provided pursuant to the Indenture for
    all or any specific Securities of any series. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of
    transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

   

  

  
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  As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with respect to the
    Indenture, or for the appointment of a receiver or trustee, or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series,
    the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
    indemnity reasonably satisfactory to it, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this series at the time Outstanding a direction inconsistent with such request, and shall have failed
    to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or
    any premium or interest hereon on or after the respective due dates expressed herein.

   

  No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and
    unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

   

  As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register, upon
    surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of
    transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this series and of like tenor, of authorized
    denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

   

  

  
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  The Securities of this series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiple of $1,000 in excess thereof. As
    provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized denomination, as
    requested by the Holder surrendering the same.

   

  No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other
    governmental charge payable in connection therewith.

   

  Prior to due presentment of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee shall treat the Person in
    whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue, and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

   

  [If this Security is a Global Security, insert — This Security is a Global Security and is subject to the provisions of the Indenture relating to Global Securities,
      including the limitations therein on transfers and exchanges of Global Securities.]

   

  This Security and the Indenture shall be governed by and construed in accordance with the law of the State of New York.

   

  All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

   

  Section 2.04     Form of Legend for Global Securities. Unless otherwise specified as contemplated by Section 3.01 for the Securities evidenced thereby, every
    Global Security authenticated and delivered hereunder shall bear a legend in substantially the following form:

   

  THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS
    SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN SUCH DEPOSITARY OR A NOMINEE THEREOF, EXCEPT IN THE LIMITED
    CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

   

  Section 2.05     Form of Trustee’s Certificate of Authentication. The Trustee’s certificates of authentication shall be in substantially the following form:

   

  This is one of the Securities of the series designated herein and referred to in the within-mentioned Indenture.

   

  	Dated:	[NAME OF TRUSTEE],
	 	 
	 	As Trustee


   

  		By:	           
	 	 	Authorized Signatory
	 	 	 


   

  

  
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  Article III

    THE SECURITIES

   

  Section 3.01     Amount Unlimited; Issuable in Series. The aggregate principal amount of Securities which may be authenticated and delivered under this
    Indenture is unlimited.

   

  The Securities may be issued in one or more series. There shall be established in or pursuant to a Board Resolution, and, subject to Section 3.03, set forth, or
    determined in the manner provided, in an Officers’ Certificate, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series,

   

  (1)          the title of the Securities of the series (which shall distinguish the Securities of the series from Securities of any other series);

   

  (2)          any limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered under this Indenture (except for
    Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 3.04, 3.05, 3.06, 9.06 or 11.07 and except for any Securities which, pursuant to Section
    3.03, are deemed never to have been authenticated and delivered hereunder);

   

  (3)          the Person to whom any interest on a Security of the series shall be payable, if other than the Person in whose name that Security (or one or more
    Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest;

   

  (4)          the date or dates on which the principal of any Securities of the series is payable;

   

  (5)          the rate or rates at which any Securities of the series shall bear interest, if any, the date or dates from which any such interest shall accrue, the
    Interest Payment Dates on which any such interest shall be payable and the Regular Record Date for any such interest payable on any Interest Payment Date;

   

  (6)          the place or places where the principal of and any premium and interest on any Securities of the series shall be payable and the manner in which any payment
    may be made;

   

  (7)          the period or periods within which, the price or prices at which and the terms and conditions upon which any Securities of the series may be redeemed, in
    whole or in part, at the option of the Company and, if other than by a Board Resolution, the manner in which any election by the Company to redeem the Securities shall be evidenced;

   

  (8)          the obligation, if any, of the Company to redeem or purchase any Securities of the series pursuant to any sinking fund or analogous provisions or at the
    option of the Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which any Securities of the series shall be redeemed or purchased, in whole or in part, pursuant to such obligation;

   

  

  
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  (9)           if other than denominations of $2,000 and any integral multiple of $1,000 in excess thereof, the denominations in which any Securities of the series shall
    be issuable;

   

  (10)         if the amount of principal of or any premium or interest on any Securities of the series may be determined with reference to an index or pursuant to a
    formula, the manner in which such amounts shall be determined;

   

  (11)         if other than the currency of the United States of America, the currency, currencies, composite currency, composite currencies or currency units in which
    the principal of or any premium or interest on any Securities of the series shall be payable and the manner of determining the equivalent thereof in the currency of the United States of America for any purpose, including for the purposes of making
    payment in the currency of the United States of America and applying the definition of “Outstanding” in Section 1.01;

   

  (12)         if the principal of or any premium or interest on any Securities of the series is to be payable, at the election of the Company or the Holder thereof, in
    one or more currencies, composite currencies or currency units other than that or those in which such Securities are stated to be payable, the currency, currencies, composite currency, composite currencies or currency units in which the principal of or
    any premium or interest on such Securities as to which such election is made shall be payable, the periods within which and the terms and conditions upon which such election is to be made and the amount so payable (or the manner in which such amount
    shall be determined);

   

  (13)         if other than the entire principal amount thereof, the portion of the principal amount of any Securities of the series which shall be payable upon
    declaration of acceleration of the Maturity thereof pursuant to Section 5.02;

   

  (14)         if the principal amount payable at the Stated Maturity of any Securities of the series will not be determinable as of any one or more dates prior to the
    Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such date for any purpose thereunder or hereunder, including the principal amount thereof which shall be due and payable upon any Maturity other
    than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall be determined);

   

  (15)         if applicable, that the Securities of the series, in whole or any specified part, shall not be defeasible pursuant to Section 13.02 or Section 13.03 or both
    such Sections, and, if such Securities may be defeased, in whole or in part, pursuant to either or both such Sections, any provisions to permit a pledge of obligations other than U.S. Government Obligations (or the establishment of other arrangements)
    to satisfy the requirements of Section 13.04(1) for defeasance of such Securities and, if other than by a Board Resolution, the manner in which any election by the Company to defease such Securities shall be evidenced;

   

  (16)         if applicable, that any Securities of the series shall be issuable in whole or in part in the form of one or more Global Securities and, in such case, the
    respective Depositaries for such Global Securities, the form of any legend or legends which shall be borne by any such Global Security in addition to or in lieu of that set forth in Section 2.04, any addition to, elimination of or other change in the
    circumstances set forth in Clause (2) of the penultimate paragraph of Section 3.05 in which any such Global Security may be exchanged in whole or in part for Securities registered, and any transfer of such Global Security in whole or in part may be
    registered, in the name or names of Persons other than the Depositary for such Global Security or a nominee thereof and any other provisions governing exchanges or transfers of any such Global Security;

   

  

  
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  (17)         any addition to, elimination of or other change in the Events of Default which applies to any Securities of the series and any change in the right of the
    Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 5.02;

   

  (18)         any addition to, elimination of or other change in the covenants set forth in Article X which applies to Securities of the series;

   

  (19)         any provisions necessary to permit or facilitate the issuance, payment or conversion of any Securities of the series that may be converted into securities
    or other property other than Securities of the same series and of like tenor, whether in addition to, or in lieu of, any payment of principal or other amount and whether at the option of the Company or otherwise;

   

  (20)         if applicable, that Persons other than those specified in Section 1.11 shall have such benefits, rights, remedies and claims with respect to any Securities
    of the series or under this Indenture with respect to such Securities, as and to the extent provided for such Securities;

   

  (21)         any change in the actions permitted or required under this Indenture to be taken by or on behalf of the Holders of the Securities of the series, including
    any such change that permits or requires any or all such actions to be taken by or on behalf of the Holders of any specific Securities of the series rather than or in addition to the Holders of all Securities of the series;

   

  (22)         if other than as provided in Article XIV, any provisions for subordination of any Securities of the series to other Indebtedness of the Company (including
    Securities of other series); and

   

  (23)         any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture, except as permitted by Section 9.01(5)).

   

  All Securities of any one series shall be substantially identical except as to denomination and except as may otherwise be provided in or pursuant to the Board
    Resolution referred to above and (subject to Section 3.03) set forth, or determined in the manner provided, in the Officers’ Certificate referred to above or in any such indenture supplemental hereto. All Securities of any one series need not be issued
    at the same time and, unless otherwise provided pursuant to this Section 3.01 for any series, after issuance of Securities of such series, such series may be reopened for issuances of additional Securities of that series.

   

  

  
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  The terms of any Security of a series may differ from the terms of other Securities of the same series, if and to the extent provided pursuant to this Section 3.01.
    The matters referenced in any or all of Clauses (1) through (24) above may be established and set forth or determined as aforesaid with respect to all or any specific Securities of a series (in each case to the extent permitted by the Trust Indenture
    Act).

   

  If any of the terms of the series are established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified by
    the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or prior to the delivery of the Officers’ Certificate setting forth the terms of the series.

   

  The Securities shall be subordinated in right of payment to Senior Debt as provided in Article XIV, or as set forth in an Officers’ Certificate or established in one
    or more indentures supplemental hereto.

   

  Section 3.02     Denominations. The Securities of each series shall be issuable only in registered form without coupons and only in such denominations as shall
    be specified as contemplated by Section 3.01. In the absence of any such specified denomination with respect to the Securities of any series, the Securities of such series shall be issuable in denominations of $2,000 and any integral multiple of $1,000
    in excess thereof.

   

  Section 3.03     Execution, Authentication, Delivery and Dating. The Securities shall be executed on behalf of the Company by its Chairman of the Board, Chief
    Executive Officer, President or any Vice President of the Company (or any other officer of the Company designated in writing by or pursuant to authority of the Board of Directors and delivered to the Trustee from time to time). The signature of any of
    these officers on the Securities may be manual or facsimile.

   

  At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company, to the
    Trustee for authentication, together with a Company Order, and the Trustee in accordance with the Company Order shall authenticate and deliver such Securities. If the form or terms of the Securities of the series have been established by or pursuant to
    one or more Board Resolutions, and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive, and (subject to Section 6.01) shall be fully protected in relying upon, an
    Opinion of Counsel stating,

   

  (1)           if the form of such Securities has been established by or pursuant to Board Resolution, as permitted by Section 2.01, that such form has been established
    in conformity with the provisions of this Indenture;

   

  (2)           if the terms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 3.01, that such terms have been
    established in conformity with the provisions of this Indenture; and

   

  (3)           that when such Securities have been authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions
    specified in such Opinion of Counsel, such Securities will constitute valid and legally binding obligations of the Company, enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium
    and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles and subject to any limitation with respect to payments in currency other than U.S. dollars.

   

  

  
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  If such form or terms have been so established, the Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this
    Indenture will affect the Trustee’s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee.

   

  Notwithstanding the provisions of Section 3.01 and of the preceding paragraph, if all Securities of a series are not to be originally issued at one time, it shall not
    be necessary to deliver the Officers’ Certificate otherwise required pursuant to Section 3.01 or the Company Order, and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior to the authentication of each Security of
    such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued.

   

  Each Security shall be dated the date of its authentication.

   

  No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of
    authentication substantially in the form provided for herein executed by the Trustee by manual signature, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and
    delivered hereunder. Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Company, and the Company shall deliver such Security to the Trustee for cancellation as provided
    in Section 3.09, for all purposes of this Indenture such Security shall be deemed never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture.

   

  Section 3.04     Temporary Securities. Pending the preparation of definitive Securities of any series, the Company may execute, and upon Company Order, the
    Trustee shall authenticate and deliver, temporary Securities which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the definitive Securities in lieu of which they
    are issued and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, as evidenced by their execution of such Securities.

   

  If temporary Securities of any series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay. After the
    preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the Company
    in a Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities of any series, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor
    one or more definitive Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount. Until so exchanged, the temporary Securities of any series shall in all respects be entitled to the same benefits
    under this Indenture as definitive Securities of such series and tenor.

   

  

  
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  Section 3.05     Registration, Registration of Transfer and Exchange. The Company shall cause to be kept at each office or agency of the Company designated as a
    Place of Payment pursuant to the first paragraph of Section 10.02 a register (the register, maintained in each such office or agency of the Company designated as a Place of Payment, being herein sometimes collectively referred to as the “Security
      Register”) in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities and of transfers of Securities. The Trustee is hereby appointed “Security Registrar” for the
    purpose of registering Securities and transfers of Securities as herein provided.

   

  Upon surrender for registration of transfer of any Security of a series at the office or agency of the Company in a Place of Payment for that series, the Company shall
    execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount.

   

  At the option of the Holder, Securities of any series may be exchanged for other Securities of the same series, of any authorized denominations and of like tenor and
    aggregate principal amount, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities,
    which the Holder making the exchange is entitled to receive.

   

  All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company, evidencing the same debt, and entitled
    to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange.

   

  Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be
    accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof or his attorney duly authorized in writing.

   

  No service charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any tax or
    other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 3.04, 9.06 or 11.07 not involving any transfer.

   

  If the Securities of any series (or of any series and specified tenor) are to be redeemed in whole or in part, the Company shall not be required (A) to issue, register
    the transfer of or exchange any Securities of that series (or of that series and specified tenor, as the case may be) during a period beginning at the opening of business 15 days before the day of selection of any such Securities for redemption under
    Section 11.03 and ending at the close of business on the day of such selection (or during such period as otherwise specified pursuant to Section 3.01 for such Securities), or (B) to register the transfer of or exchange any Security so selected for
    redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part.

   

  

  
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  The provisions of Clauses (1), (2), (3) and (4) below shall apply only to Global Securities:

   

  (1)           Each Global Security authenticated under this Indenture shall be registered in the name of the Depositary designated for such Global Security or a nominee
    thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture.

   

  (2)           Notwithstanding any other provision in this Indenture, and subject to such applicable provisions, if any, as may be specified as contemplated by Section
    3.01, no Global Security may be exchanged in whole or in part for Securities registered, and no transfer of a Global Security in whole or in part may be registered, in the name of any Person other than the Depositary for such Global Security or a
    nominee thereof unless (A) such Depositary has notified the Company that it (i) is unwilling or unable to continue as Depositary for such Global Security or (ii) has ceased to be a clearing agency registered under the Exchange Act, or (B) the Company
    has executed and delivered to the Trustee a Company Order stating that such Global Security shall be exchanged in whole for Securities that are not Global Securities (in which case such exchange shall promptly be effected by the Trustee). If the
    Company receives a notice of the kind specified in Clause (A) above or has delivered a Company Order of the kind specified in Clause (B) above, it may, in its sole discretion, designate a successor Depositary for such Global Security within 90 days
    after receiving such notice or delivery of such order, as the case may be. If the Company designates a successor Depositary as aforesaid, such Global Security shall promptly be exchanged in whole for one or more other Global Securities registered in
    the name of the successor Depositary, whereupon such designated successor shall be the Depositary for such successor Global Security or Global Securities and the provisions of Clauses (1), (2), (3) and (4) of this provision shall continue to apply
    thereto.

   

  (3)           Subject to Clause (2) above and to such applicable provisions, if any, as may be specified as contemplated by Section 3.01, any exchange of a Global
    Security for other Securities may be made in whole or in part, and all Securities issued in exchange for a Global Security or any portion thereof shall be registered in such names as the Depositary for such Global Security shall direct.

   

  (4)           Every Security authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, a Global Security or any portion thereof,
    whether pursuant to this Section 3.05, Section 3.04, 3.06, 9.06 or 11.07 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global Security, unless such Security is registered in the name of a Person other than the
    Depositary for such Global Security or a nominee thereof. 

   

  

  Every Person who takes or holds any beneficial interest in a
    Global Security agrees that:

   

  (1)           the Company and the Trustee may deal with the Depositary as sole owner of the Global Security and as the authorized representative of such Person;

   

  

  
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  (2)           such Person’s rights in the Global Security shall be exercised only through the Depositary and shall be limited to those established by law and agreement
    between such Person and the Depositary and/or direct and indirect participants of the Depositary;

   

  (3)           the Depositary and its participants make book-entry transfers of beneficial ownership among, and receive and transmit distributions of principal and
    interest on the Global Securities to, such Persons in accordance with the Applicable Procedures of the Depositary; and

   

  (4)           none of the Company, the Trustee nor any agent of the Company or the Trustee will have any responsibility or liability for any aspect of the records
    relating to or payments made on account of beneficial ownership interests of a Global Security or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.

   

  Section 3.06     Mutilated, Destroyed, Lost and Wrongfully Taken Securities. If (a) any mutilated Security is surrendered to the Trustee or (b) both (i) there
    shall be delivered to the Company and the Trustee (A) a claim by a Holder as to the destruction, loss or wrongful taking of any Security of such Holder and a request thereby for a new replacement Security of the same series, and (B) such indemnity bond
    as may be required by them to save each of them and any agent of either of them harmless and (ii) such other reasonable requirements as may be imposed by the Company as permitted by Section 8-405 of the Uniform Commercial Code have been satisfied,
    then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a “protected purchaser” within the meaning of Section 8-405 of the Uniform Commercial Code, the Company shall execute and upon its request the Trustee
    shall authenticate and deliver, in lieu of any such mutilated, destroyed, lost or wrongfully taken Security, a new Security of the same series and of like tenor and principal amount and bearing a number not contemporaneously Outstanding.

   

  In case any such mutilated, destroyed, lost or wrongfully taken Security has become or is about to become due and payable, the Company in its discretion may, instead
    of issuing a new Security, pay such Security.

   

  Upon the issuance of any new Security under this Section 3.06, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge
    that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith.

   

  Every new Security of any series issued pursuant to this Section 3.06 in lieu of any destroyed, lost or wrongfully taken Security shall constitute an original
    additional contractual obligation of the Company, whether or not the destroyed, lost or wrongfully taken Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with
    any and all other Securities of that series duly issued hereunder.

   

  The provisions of this Section 3.06 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of
    mutilated, destroyed, lost or wrongfully taken Securities.

   

  Section 3.07     Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.01 with respect to any Securities of
    a series, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of
    business on the Regular Record Date for such interest (or, if no business is conducted by the Trustee at its Corporate Trust Office on such date, at 5:00 P.M. New York City time on such date).

   

  

  
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  Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted
      Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in Clause (1)
    or (2) below:

   

  (1)           The Company may elect to make payment of any Defaulted Interest payable on any Securities of a series to the Persons in whose names such Securities (or
    their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the
    amount of Defaulted Interest proposed to be paid on each of such Securities and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in
    respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such
    Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and
    not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the
    proposed payment of such Defaulted Interest and the Special Record Date therefor to be given to each Holder of such Securities in the manner set forth in Section 1.06, not less than 10 days prior to such Special Record Date. Notice of the proposed
    payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names such Securities (or their respective Predecessor Securities) are registered at the close
    of business on such Special Record Date and shall no longer be payable pursuant to the following Clause (2).

   

  (2)           The Company may make payment of any Defaulted Interest on any Securities of a series in any other lawful manner not inconsistent with the requirements of
    any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Clause, such manner of payment shall
    be deemed practicable by the Trustee.

   

  Except as may otherwise be provided in this Section 3.07 or as contemplated in Section 3.01 with respect to any Securities of a series, the Person to whom interest
    shall be payable on any Security that first becomes payable on a day that is not an Interest Payment Date shall be the Holder of such Security on the day such interest is paid.

   

  

  
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  Subject to the foregoing provisions of this Section 3.07, each Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu
    of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security.

   

  In the case of any Security which is converted after any Regular Record Date and on or prior to the next succeeding Interest Payment Date (other than any Security
    whose Maturity is prior to such Interest Payment Date), interest whose Stated Maturity is on such Interest Payment Date shall be payable on such Interest Payment Date notwithstanding such conversion, and such interest (whether or not punctually paid or
    duly provided for) shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on such Regular Record Date. Except as otherwise expressly provided in the immediately preceding
    sentence, in the case of any Security which is converted, interest whose Stated Maturity is after the date of conversion of such Security shall not be payable.

   

  Notwithstanding the foregoing, the terms of any Security that may be converted may provide that the provisions of the immediately preceding paragraph do not apply, or
    apply with such additions, changes or omissions as may be provided thereby, to such Security.

   

  Section 3.08     Persons Deemed Owners. Prior to due presentment of a Security for registration of transfer, the Company and the Trustee and any agent of the
    Company or the Trustee shall treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of principal of and any premium and (subject to Section 3.07) any interest on such Security and
    for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary.

   

  Section 3.09     Cancellation. All Securities surrendered for payment, redemption, registration of transfer or exchange or conversion or for credit against any
    sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously
    authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder
    which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section 3.09, except
    as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of as directed by a Company Order; provided, however, that the Trustee shall not be required to destroy such cancelled Securities.

   

  Section 3.10    Computation of Interest. Except as otherwise specified as contemplated by Section 3.01 for Securities of any series, interest on the Securities
    of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

   

  Section 3.11    CUSIP Numbers. The Company, in issuing the Securities may use “CUSIP” and “ISIN” numbers (if then generally in use), and, if so,
    the Trustee shall use “CUSIP” and “ISIN” numbers in notices of redemption as a convenience to Holders; provided that any such notice may state that no representation is made as to the correctness of such numbers either as printed on the
    Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers. The
    Company shall promptly notify the Trustee of any change in “CUSIP” or “ISIN” numbers.

   

  

  
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  Article IV

    SATISFACTION AND DISCHARGE

   

  Section 4.01     Satisfaction and Discharge of Indenture. This Indenture shall upon Company Request cease to be of further effect with respect to the Securities
    of any series (except as to any surviving rights of conversion, registration of transfer or exchange of any such Security expressly provided for herein or in the terms of such Security), and the Trustee, at the expense of the Company, shall execute
    proper instruments acknowledging satisfaction and discharge of this Indenture with respect to such Securities, when

   

  (1)          either

   

  (A)          all such Securities theretofore authenticated and delivered (other than (i) Securities which have been destroyed, lost or wrongfully taken and
    which have been replaced or paid as provided in Section 3.06 and (ii) Securities for the payment of which money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged
    from such trust, as provided in Section 10.03) have been delivered to the Trustee for cancellation; or

   

  (B)          all such Securities not theretofore delivered to the Trustee for cancellation

   

  (i)            have become due and payable, or

   

  (ii)           will become due and payable at their Stated Maturity within one year, or

   

  (iii)          are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the
    Trustee in the name, and at the expense, of the Company, and the Company in the case of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for such purpose money in an amount sufficient to pay and
    discharge the entire Indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal and any premium and interest to the date of such deposit (in the case of Securities which have become due and payable) or to
    the Stated Maturity or Redemption Date, as the case may be;

   

  (2)          the Company has paid or caused to be paid all other sums payable hereunder by the Company with respect to such Securities;

   

  

  
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  (3)           no event which is, or after notice or lapse of time or both would become, an Event of Default with respect to such Securities or any other Securities
    (other than such an event or Event of Default with respect to such Securities resulting solely from the incurrence of Indebtedness or other borrowing of funds, or the grant of liens securing such Indebtedness or other borrowing, all or a portion of
    which are to be applied to such deposit) shall have occurred and be continuing at the time of such deposit;

   

  (4)           such deposit shall not result in a breach or violation of, or constitute a default under, any other agreement or instrument to which the Company is a party
    or by which it is bound; and

   

  (5)           the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent herein provided for
    relating to the satisfaction and discharge of this Indenture with respect to such Securities have been complied with.

   

  Notwithstanding the satisfaction and discharge of this Indenture with respect to Securities of any series, the obligations of the Company to the Trustee under Section
    6.07, the obligations of the Trustee to any Authenticating Agent under Section 6.14, and, if money shall have been deposited with the Trustee pursuant to subclause (B) of Clause (1) of this Section 4.01 with respect to such Securities, the obligations
    of the Company of such series under Section 10.02 and the obligations of the Trustee under Section 4.02, Section 6.06 and the last paragraph of Section 10.03 with respect to such Securities shall survive such satisfaction and discharge.

   

  Section 4.02     Application of Trust Money. Subject to the provisions of the last paragraph of Section 10.03, all money deposited with the Trustee pursuant to
    Section 4.01 with respect to Securities of any series shall be held in trust and applied by it, in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company
    acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled thereto, of the principal and any premium and interest for whose payment such money has been deposited with the Trustee. All moneys deposited with the Trustee
    pursuant to Section 4.01 (and held by it or any Paying Agent) for the payment of Securities subsequently converted shall be returned to the Company upon Company Request, to the extent originally deposited by the Company. The Company may direct by a
    Company Order the investment of any money deposited with the Trustee pursuant to Section 4.01, without distinction between principal and income, in (1) United States Treasury Securities with a maturity of one year or less or (2) a money market fund
    that invests solely in short term United States Treasury Securities and from time to time the Company may direct the reinvestment of all or a portion of such money in other securities or funds meeting the criteria specified in Clause (1) or (2) of this
    sentence.

   

  

  
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  Article V

    REMEDIES

   

  Section 5.01     Events of Default.

   

  Except as may otherwise be provided pursuant to Section 3.01 for all or any specific Securities of any series, “Event of Default” wherever used herein with
    respect to the Securities of that series, means any one of the following events (whatever the reason for such Event of Default and whether it shall be occasioned by the provisions of Article XIV, be voluntary or involuntary or be effected by operation
    of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

   

  (1)           default in the payment of any interest upon any Security of that series when it becomes due and payable, and continuance of such default for a period of 30
    days; or

   

  (2)           default in the payment of the principal of or any premium on any Security of that series at its Maturity; or

   

  (3)           default in the deposit of any sinking fund payment, when and as due by the terms of a Security of that series and continuance of such default for a period
    of 60 days; or

   

  (4)           default in the performance, or breach, of any covenant or warranty of the Company in this Indenture (other than a covenant or warranty a default in whose
    performance or whose breach is elsewhere in this Section 5.01 specifically dealt with or which has expressly been included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such default or
    breach for a period of 90 days after there has been given, by registered or certified mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of that series
    a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder; or

   

  (5)           the entry by a court having jurisdiction in the premises of (A) a decree or order for relief in respect of the Company in an involuntary case or proceeding
    under any applicable Federal or State bankruptcy, insolvency, reorganization or other similar law or (B) a decree or order adjudging the Company a bankrupt or insolvent, or approving as properly filed a petition seeking reorganization, arrangement,
    adjustment or composition of or in respect of the Company under any applicable Federal or State law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any substantial part of
    its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such decree or order for relief or any such other decree or order unstayed and in effect for a period of 90 consecutive days (provided that, if any
    Person becomes the successor to the Company pursuant to Article VIII and such Person is a corporation, partnership or trust organized and validly existing under the law of a jurisdiction outside the United States, each reference in this Clause (5) to
    an applicable Federal or State law of a particular kind shall be deemed to refer to such law or any applicable comparable law of such non-U.S. jurisdiction, for as long as such Person is the successor to the Company hereunder and is so organized and
    existing); or

   

  (6)           the commencement by the Company of a voluntary case or proceeding under any applicable Federal or State bankruptcy, insolvency, reorganization or other
    similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Company in an involuntary case or proceeding under any applicable Federal or
    State bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under any
    applicable Federal or State law, or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or of any
    substantial part of its property, or the making by it of an assignment for the benefit of creditors, or the admission by it in writing of its inability to pay its debts generally as they become due, or the taking of corporate action by the Company in
    furtherance of any such action (provided that, if any Person becomes the successor to the Company pursuant to Article VIII and such Person is a corporation, limited liability company, partnership, trust or other entity organized and validly
    existing under the law of a jurisdiction outside the United States, each reference in this Clause (6) to an applicable Federal or State law of a particular kind shall be deemed to refer to such law or any applicable comparable law of such non-U.S.
    jurisdiction, for as long as such Person is the successor to the Company hereunder and is so organized and existing); or

   

  

  
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  (7)           any other Event of Default provided with respect to Securities of that series in accordance with Section 3.01.

   

  Section 5.02     Acceleration of Maturity; Rescission and Annulment. Except as may otherwise be provided pursuant to Section 3.01 for all or any specific
    Securities of any series, if an Event of Default (other than an Event of Default specified in Section 5.01(5) or 5.01(6)) with respect to Securities of that series at the time Outstanding occurs and is continuing, then in every such case the Trustee or
    the Holders of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount of all the Securities of that series (or, in the case of any Security of that series which specifies an amount to be due
    and payable thereon upon acceleration of the Maturity thereof, such amount as may be specified by the terms thereof) to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such
    declaration such principal amount (or specified amount), together with any accrued and unpaid interest thereon, shall become immediately due and payable. Except as may otherwise be provided pursuant to Section 3.01 for all or any specific Securities of
    any series, if an Event of Default specified in Section 5.01(5) or Section 5.01(6) with respect to Securities of that series at the time Outstanding occurs, the principal amount of all the Securities of that series (or, in the case of any Security of
    that series which specifies an amount to be due and payable thereon upon acceleration of the Maturity thereof, such amount as may be specified by the terms thereof), together with any accrued and unpaid interest thereon, shall automatically, and
    without any declaration or other action on the part of the Trustee or any Holder, become immediately due and payable.

   

  Except as may otherwise be provided pursuant to Section 3.01 for all or any specific Securities of any series, at any time after such a declaration of acceleration
    with respect to Securities of that series has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the
    Outstanding Securities of that series, by written notice to the Company, and the Trustee, may rescind and annul such declaration and its consequences if

   

  

  
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  (1)          the Company has paid or deposited with the Trustee a sum sufficient to pay

   

  (A)          all overdue interest on all Securities of that series,

   

  (B)           the principal of (and premium, if any, on) any Securities of that series which have become due otherwise than by such declaration of acceleration
    and any interest thereon at the rate or rates prescribed therefor in such Securities,

   

  (C)           to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor in such
    Securities, and

   

  (D)           all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee, its
    agents and counsel; and

   

  (2)          all Events of Default with respect to Securities of that series, other than the non-payment of the principal of Securities of that series which have become
    due solely by such declaration of acceleration, have been cured or waived as provided in Section 5.13.

   

  No such rescission shall affect any subsequent default or impair any right consequent thereon.

   

  Section 5.03     Collection of Indebtedness and Suits for Enforcement by Trustee. The Company covenants that if

   

  (1)          default is made in the payment of any interest on any Security when such interest becomes due and payable and such default continues for a period of 60
    days, or

   

  (2)          default is made in the payment of the principal of (or premium, if any, on) any Security at the Maturity thereof, the Company will, upon demand of the
    Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and any premium and interest and, to the extent that payment of such interest shall be legally enforceable,
    interest on any overdue principal and premium and on any overdue interest, at the rate or rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection,
    including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

   

  If an Event of Default with respect to Securities of any series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights
    and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in
    this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy.

   

  Section 5.04     Trustee May File Proofs of Claim. In case of any judicial proceeding relative to the Company or any other obligor upon the Securities, their
    property or their creditors, the Trustee shall be entitled and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture Act in order to have claims of the Holders and the Trustee
    allowed in any such proceeding. The Trustee shall be authorized to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator,
    sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to
    pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 6.07.

   

  

  
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  No provision of this Indenture shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of
    reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding; provided, however,
    that the Trustee may, on behalf of the Holders, vote for the election of a trustee in bankruptcy or similar official and be a member of a creditors’ or other similar committee.

   

  Section 5.05     Trustee May Enforce Claims Without Possession of Securities. All rights of action and claims under this Indenture or the Securities may be
    prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an
    express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities
    in respect of which such judgment has been recovered.

   

  Section 5.06     Application of Money Collected. Any money collected by the Trustee pursuant to this Article shall be applied in the following order, at the
    date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal or any premium or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender
    thereof if fully paid:

   

  FIRST: To the payment of all amounts due the Trustee under Section 6.07;

   

  SECOND: To the payment of the amounts then due and unpaid for principal of and any premium and interest on the Securities in respect of which or for the benefit of
    which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal and any premium and interest, respectively; and

   

  THIRD: To the payment of the remainder, if any, to the Company, or to whomsoever may be lawfully entitled to receive the same as a court of competent jurisdiction may
    direct.

   

  

  
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  Section 5.07     Limitation on Suits. No Holder of any Security of any series shall
      have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless

   

  (1)         such Holder has previously given written notice to the Trustee of a continuing
      Event of Default with respect to the Securities of that series;

   

  (2)         the Holders of not less than 25% in principal amount of the Outstanding Securities
      of that series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;

   

  (3)         such Holder or Holders have offered to the Trustee indemnity reasonably
      satisfactory to it against the costs, expenses and liabilities to be incurred in compliance with such request;

   

  (4)         the Trustee for 60 days after its receipt of such notice, request and offer of
      indemnity has failed to institute any such proceeding; and

   

  (5)         no direction inconsistent with such written request has been given to the Trustee
      during such 60-day period by the Holders of a majority in principal amount of the Outstanding Securities of that series; it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or
      by availing of, any provision of this Indenture to affect, disturb or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this
      Indenture, except in the manner herein provided and for the equal and ratable benefit of all of such Holders.

   

  Section 5.08     Unconditional Right of Holders to Receive Principal, Premium and Interest
        and to Convert. Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of and any premium and (subject to Section 3.07)
      interest on such Security on the respective Stated Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date), and, if the terms of such Security so provide, to convert such Security in accordance with its terms,
      and to institute suit for the enforcement of any such payment and, if applicable, any such right to convert, and such rights shall not be impaired without the consent of such Holder.

   

  Section 5.09     Restoration of Rights and Remedies. If the Trustee or any Holder has
      instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case,
      subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall
      continue as though no such proceeding had been instituted.

   

  Section 5.10     Rights and Remedies Cumulative. Except as otherwise provided with
      respect to the replacement or payment of mutilated, destroyed, lost or wrongfully taken Securities in the last paragraph of Section 3.06, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be
      exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The
      assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

  
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  Section 5.11     Delay or Omission Not Waiver. No delay or omission of the Trustee or of any Holder of
      any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by
      law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

   

  Section 5.12     Control by Holders. The Holders of a majority in principal amount of
      the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the
      Securities of such series, provided that

   

  (1)         such direction shall not be in conflict with any rule of law or with this
      Indenture;

   

  (2)         the Trustee may take any other action deemed proper by the Trustee which is not
      inconsistent with such direction; and

   

  (3)         subject to the provisions of Section 6.01, the Trustee shall have the right to
      decline to follow any such direction if the Trustee in good faith shall determine that the proceeding so directed would involve the Trustee in personal liability.

   

  Section 5.13     Waiver of Past Defaults. Except as may otherwise be provided pursuant
      to Section 3.01 for all or any specific Securities of any series, the Holders of not less than a majority in principal amount (including waivers obtained in connection with a purchase of, or tender offer or exchange offer for, Securities) of the
      Outstanding Securities of any series to be affected under this Indenture may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default

   

  (1)         in the payment of the principal of or any premium or interest on any Security of
      such series, or

   

  (2)         in respect of a covenant or provision hereof which under Article IX cannot be
      modified or amended without the consent of the Holder of each Outstanding Security of such series affected.

   

  Upon any such waiver with respect to any series, such default shall cease to exist, and any
      Event of Default arising therefrom shall be deemed to have been cured, with respect to such series for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon. A
      waiver of any past default and its consequences given by or on behalf of any Holder of Securities in connection with a purchase of, or tender or exchange offer for, such Holder’s Securities will not be rendered invalid by such purchase, tender or
      exchange.

  
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  Section 5.14     Undertaking for Costs. In any suit for the enforcement of any right
      or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, a court may require any party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess
      costs, including reasonable attorneys’ fees and expenses, against any such party litigant, in the manner and to the extent provided in the Trust Indenture Act; provided that neither this Section 5.14 nor the Trust Indenture Act shall be
      deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted by the Company or the Trustee or, if applicable, in any suit for the enforcement of the right to convert any Security in accordance with
      its terms.

   

  Section 5.15     Waiver of Usury, Stay or Extension Laws. The Company covenants (to
      the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter in
      force, which may affect the covenants or the performance of this Indenture; and the Company (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not hinder, delay or
      impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

   

  Article VI

      THE TRUSTEE

   

  Section 6.01     Certain Duties and Responsibilities.

   

  (a)       Except during the continuance of an Event of Default,

   

  (1)         the Trustee undertakes to perform such duties and only such duties as are
      specifically set forth in this Indenture and as are provided by the Trust Indenture Act, and, except for implied covenants or obligations under the Trust Indenture Act, no implied covenants or obligations shall be read into this Indenture against the
      Trustee; and

   

  (2)         in the absence of bad faith on its part, the Trustee may conclusively rely, as to
      the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which
      by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture.

   

  (b)       In case an Event of Default has occurred and is continuing, the Trustee
      shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

  
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  (c)       No provision of this Indenture shall be construed to relieve the Trustee
      from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that

   

  (1)          this Subsection shall not be construed to limit the effect of the first paragraph
      of this Section 6.01;

   

  (2)          the Trustee shall not be liable for any error of judgment made in good faith by a
      Responsible Officer, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts;

   

  (3)          the Trustee shall not be liable with respect to any action taken or omitted to be
      taken by it in good faith in accordance with the direction of the Holders of a majority in principal amount of the Outstanding Securities of any series, determined as provided in Section 5.12, relating to the time, method and place of conducting any
      proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such series; and

   

  (4)          no provision of this Indenture shall require the Trustee to expend or risk its own
      funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate
      indemnity against such risk or liability is not reasonably assured to it.

   

  (d)       Whether or not therein expressly so provided, every provision of this
      Indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provisions of this Section 6.01.

   

  (e)       No provision of this Indenture shall require the Trustee to expend or risk
      its own funds or incur any liability. The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders unless such Holders shall have offered to the
      Trustee security or indemnity reasonably satisfactory to it against the costs, expenses and liabilities that might be incurred by it in compliance with such request or direction.

   

  Section 6.02     Notice of Defaults. If a default or Event of Default occurs and is
      continuing hereunder with respect to Securities of any series, and if it is known to the Trustee, the Trustee shall mail to the Holders of Securities of such series notice of such default or Event of default within 90 days after the Trustee gains
      knowledge of the default or Event of Default unless such default or Event of Default shall have been cured or waived before the giving of such notice. Except in the case of a default or Event of Default in payment of principal of, premium or interest
      on Securities of any series, the Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of the Holders of the Securities of such series. For
      the purpose of this Section 6.02 and Section 10.05, the term “default” means, with respect to Securities of any series, any event which is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such
      series.

  
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  Section 6.03     Certain Rights of Trustee. Subject to the provisions of Section 6.01:

   

  (1)         the Trustee may conclusively rely and shall be protected in acting or refraining
      from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of Indebtedness or other paper or document believed by it to be genuine and to
      have been signed or presented by the proper party or parties;

   

  (2)         any request or direction of the Company mentioned herein shall be sufficiently
      evidenced by a Company Request or Company Order and any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;

   

  (3)         whenever in the administration of this Indenture the Trustee shall deem it
      desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) shall be entitled to receive and may, in the absence of bad faith on
      its part, conclusively rely upon, and shall not be liable for any action it takes or omits to take in good faith in reliance upon, an Officers’ Certificate or an Opinion of Counsel;

   

  (4)         the Trustee may consult with counsel of its selection and the advice of such
      counsel or any Opinion of Counsel shall be full and complete authorization and protection from liability in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon;

   

  (5)         the Trustee shall be under no obligation to exercise any of the rights or powers
      vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity reasonably satisfactory to it against the costs, expenses and
      liabilities which might be incurred by it in compliance with such request or direction;

   

  (6)         the Trustee shall not be bound to make any investigation into the facts or matters
      stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of Indebtedness or other paper or document, but the Trustee, in its discretion, may make
      such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company,
      personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation;

   

  (7)         the Trustee may execute any of the trusts or powers hereunder or perform any duties
      hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder and shall not be responsible for the
      supervision of officers and employees of such agents or attorneys;

  
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  (8)         the Trustee may request that the Company deliver an Officers’ Certificate setting
      forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any
      person specified as so authorized in any such certificate previously delivered and not superseded;

   

  (9)         the Trustee shall not be liable for any action taken, suffered or omitted to be
      taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture;

   

  (10)       the Trustee shall not be deemed to have notice of any default or Event of Default
      unless a Responsible Officer of the Trustee has actual knowledge thereof or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the Trustee, and such notice references the
      Securities and this Indenture; and

   

  (11)       the rights, privileges, protections, immunities and benefits given to the Trustee,
      including its rights to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and to each agent, custodian and other Person employed to act hereunder.

   

  Section 6.04     Not Responsible for Recitals or Issuance of Securities. The recitals
      contained herein and in the Securities, except the Trustee’s certificates of authentication, shall be taken as the statements of the Company, and the Trustee does not assume any responsibility for their correctness. The Trustee makes no
      representations as to the validity or sufficiency of this Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company of Securities or the proceeds thereof.

   

  Section 6.05     May Hold Securities. The Trustee, any Authenticating Agent, any
      Paying Agent, any Security Registrar or any other agent of the Company, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 6.08 and 6.13, may otherwise deal with the Company with the same
      rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent.

   

  Section 6.06     Money Held in Trust. Money held by the Trustee in trust hereunder
      need not be segregated from other funds and need not be held in an interest-bearing account, in each case, except to the extent required by law or by any other provision of this Indenture. The Trustee (acting in any capacity hereunder) shall be under
      no liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Company.

   

  Section 6.07     Compensation and Reimbursement.

   

  (a)       The Company shall pay to the Trustee (in its capacity as Trustee, and, to
      the extent it has been appointed as such, as Paying Agent and Security Registrar) from time to time reasonable compensation for its acceptance of this Indenture and services hereunder in accordance with a written schedule provided by the Trustee to
      the Company. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee promptly upon request for all reasonable and customary disbursements, advances and
      reasonable out-of-pocket expenses incurred or made by it in addition to the compensation for its services, except those resulting from its own negligent action, negligent failure to act or willful misconduct. Such expenses shall include the
      reasonable and customary compensation, disbursements and expenses of the Trustee’s agents and counsel.

  
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  (b)       The Company shall indemnify the Trustee in its capacity against any and all
      losses, liabilities or reasonable out-of-pocket expenses incurred by it arising out of or in connection with the acceptance or administration of its duties under this Indenture, including the costs and expenses of enforcing this Indenture against the
      Company (including this Section 6.07) and defending itself against any claim (whether asserted by either of the Company or any Holder or any other person) or liability in connection with the exercise or performance of any of its powers or duties
      hereunder, except to the extent any such loss, liability or expense may be attributable to its negligence, bad faith or willful misconduct. The Trustee shall notify the Company promptly of any claim for which it may seek indemnity. Failure by the
      Trustee to so notify the Company shall not relieve the Company of its obligations hereunder. The Company shall defend the claim and the Trustee shall cooperate in the defense. The Trustee may elect to have separate counsel defend the claim, but the
      Company shall be obligated to pay the reasonable fees and expenses of such separate counsel only if the Company fails to assume the Trustee’s defense or there is a conflict of interest between the Company, on the one hand, and the Trustee, on the
      other hand, with respect to the claim, as reasonably determined by the Trustee. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld. The Company need not reimburse the Trustee for any
      expense or indemnity against liability or loss of the Trustee to the extent such expense, liability or loss is attributable to the negligence, bad faith or willful misconduct of the Trustee. The provisions of this Section 6.07(b) shall survive the
      Trustee’s resignation or removal.

   

  (c)       As security for the performance of the obligations of the Company under
      this Section 6.07 the Trustee shall have a lien prior to the Securities of any series upon all property and funds held or collected by the Trustee as such, except funds held in trust for the payment of principal of (and premium, if any) or interest
      on Securities of such series. Such lien shall survive satisfaction and discharge of this Indenture.

   

  (d)       Without limiting any rights available to the Trustee under applicable law,
      when the Trustee incurs expenses or renders services in connection with an Event of Default specified in Section 5.01(5) or Section 5.01(6), the expenses (including the reasonable charges and expenses of its counsel) and the compensation for the
      services are intended to constitute expenses of administration under any applicable Federal or State bankruptcy, insolvency or other similar law.

  
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  (e)       The provisions of this Section 6.07 shall survive the termination of this
      Indenture.

   

  Section 6.08     Conflicting Interests. If the Trustee has or shall acquire a
      conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall either eliminate such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture.
      To the extent permitted by the Trust Indenture Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series.

   

  Section 6.09     Corporate Trustee Required; Eligibility. There shall at all times be
      one (and only one) Trustee hereunder with respect to the Securities of each series, which may be Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust Indenture Act to act
      as such, has a combined capital and surplus of at least $100,000,000 and has its Corporate Trust Office in the continental United States of America. If any such Person publishes reports of condition at least annually, pursuant to law or to the
      requirements of its supervising or examining authority, then for the purposes of this Section 6.09 and to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined capital and
      surplus as set forth in its most recent report of condition so published. If at any time the Trustee with respect to the Securities of any series shall cease to be eligible in accordance with the provisions of this Section 6.09, it shall resign
      immediately in the manner and with the effect hereinafter specified in this Article.

   

  Section 6.10     Resignation and Removal; Appointment of Successor. No resignation or
      removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 6.11.

   

  The Trustee may resign at any time with respect to the Securities of one or more series by
      giving written notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 6.11 shall not have been delivered to the Trustee within 60 days after the giving of such notice of resignation, the resigning
      Trustee may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

   

  The Trustee may be removed at any time with respect to the Securities of any series by Act of
      the Holders of a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company. If the instrument of acceptance by a successor Trustee required by Section 6.11 shall not have been delivered to
      the Trustee within 30 days after the giving of a notice of removal pursuant to this paragraph, the Trustee being removed may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee with
      respect to the Securities of such series.

  
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  If at any time:

   

  (1)         the Trustee shall fail to comply with Section 6.08 after written request therefor
      by the Company or by any Holder who has been a bona fide Holder of a Security for at least six months, or

   

  (2)         the Trustee shall cease to be eligible under Section 6.09 and shall fail to resign
      after written request therefor by the Company or by any such Holder, or

   

  (3)         the Trustee shall become incapable of acting or shall be adjudged a bankrupt or
      insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, then, in any
      such case, (A) the Company by a Board Resolution may remove the Trustee with respect to all Securities, or (B) subject to Section 5.14, any Holder who has been a bona fide Holder of a Security for at least six months may, on behalf of himself and all
      others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees.

   

  If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall
      occur in the office of Trustee for any cause, with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it
      being understood that any such successor Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and
      shall comply with the applicable requirements of Section 6.11. If an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of removal, the Trustee being removed may
      petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series. If, within one year after such resignation, removal or incapability, or the
      occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to the Company and the
      retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of Section 6.11, become the successor Trustee with respect to the Securities of such series
      and to that extent supersede the successor Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the manner
      required by Section 6.11, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the appointment of
      a successor Trustee with respect to the Securities of such series.

   

  The Company shall give notice of each resignation and each removal of the Trustee with
      respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series to all Holders of Securities of such series in the manner provided in Section 1.06. Each notice shall include the name of
      the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office.

  
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  Section 6.11     Acceptance of Appointment by Successor. In case of the appointment
      hereunder of a successor Trustee with respect to all Securities, such successor Trustee so appointed shall execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the
      resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the
      request of the Company or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall
      duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder.

   

  In case of the appointment hereunder of a successor Trustee with respect to the Securities of
      one or more (but not all) series, the Company, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept
      such appointment and which (1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the
      Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable to
      confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall
      add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture
      shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the
      execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become
      vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company or any successor Trustee,
      such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such successor
      Trustee relates.

   

  Upon request of any such successor Trustee, the Company shall execute any and all instruments
      for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts referred to in the first or second preceding paragraph, as the case may be.

  
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  No successor Trustee shall accept its appointment unless at the time of such acceptance such
      successor Trustee shall be qualified and eligible under this Article.

   

  Section 6.12      Merger, Conversion, Consolidation or Succession to Business. Any
      corporation into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all
      or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided such corporation shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or
      any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may
      adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

   

  Section 6.13     Preferential Collection of Claims Against Company. If and when the
      Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other
      obligor).

   

  Section 6.14     Appointment of Authenticating Agent. The Trustee may appoint an
      Authenticating Agent or Agents with respect to any series of Securities which shall be authorized to act on behalf of the Trustee to authenticate the Securities of such Series issued upon original issue and upon exchange, registration of transfer,
      partial conversion or partial redemption or pursuant to Section 3.06, and Securities of such series so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the
      Trustee hereunder. Wherever reference is made in this Indenture to the authentication and delivery of Securities of such series by the Trustee or the Trustee’s certificate of authentication, such reference shall be deemed to include authentication
      and delivery on behalf of the Trustee by an Authenticating Agent so appointed with respect to such series and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent so appointed with respect to such series. Each
      Authenticating Agent shall be acceptable to the Company and shall at all times be a corporation organized and doing business under the laws of the United States of America, any State thereof or the District of Columbia, authorized under such laws to
      act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or State authority. If such Authenticating Agent publishes reports of condition at least annually
      pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section 6.14, the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set
      forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section 6.14, such Authenticating Agent shall resign immediately in the manner and
      with the effect specified in this Section 6.14.

   

  Any corporation into which an Authenticating Agent may be merged or converted or with which
      it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency or corporate trust business of an
      Authenticating Agent, shall continue to be an Authenticating Agent, provided such corporation shall be otherwise eligible under this Section 6.14, without the execution or filing of any paper or any further act on the part of the Trustee, the
      Company, the Authenticating Agent or such successor corporation.

  
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  An Authenticating Agent may resign at any time by giving written notice thereof to the
      Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a
      termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section 6.14, the Trustee may appoint a successor Authenticating Agent with respect to any series of Securities which
      shall be acceptable to the Company and shall give notice of such appointment to all Holders of Securities of such series in the manner provided in Section 1.06. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall
      become vested with all rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible under the provisions of this
      Section 6.14.

   

  The Trustee agrees to pay to each Authenticating Agent from time to time reasonable
      compensation for its services under this Section 6.14, and the Trustee shall be entitled to be reimbursed by the Company for such payments, subject to the provisions of Section 6.07.

   

  If an appointment is made pursuant to this Section 6.14 with respect to Securities of any
      series, the Securities of such series may have endorsed thereon, in addition to the Trustee’s certificate of authentication, an alternate certificate of authentication in the following form:

   

  This is one of the Securities of the series designated herein and referred to in the
      within-mentioned Indenture.

   

  

  	 	[NAME OF TRUSTEE], As Trustee
	 	By	[NAME OF AUTHENTICATING AGENT],
	 	 	As Authenticating Agent
	 	By:	 
	 	 	Authorized Signatory


   

  Article VII

      HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

   

  Section 7.01     Company to Furnish Trustee Names and Addresses of Holders. The
      Company will furnish or cause to be furnished to the Trustee

   

  (1)       semi-annually, not later than [ ] and [ ] in each year, a list, in such form as the
      Trustee may reasonably require, of the names and addresses of the Holders of Securities of each series as of the immediately preceding [ ] or [ ] as the case may be, and

   

  (2)       at such other times as the Trustee may request in writing, within 30 days after the
      receipt by the Company, of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished; excluding from any such list names and addresses received by the Trustee in its capacity as
      Security Registrar.

  
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  Section 7.02      Preservation of Information; Communications to Holders. The Trustee
      shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as provided in Section 7.01 and the names and addresses of Holders received by the
      Trustee in its capacity as Security Registrar. The Trustee may destroy any list furnished to it as provided in Section 7.01 upon receipt of a new list so furnished.

   

  The rights of Holders to communicate with other Holders with respect to their rights under
      this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act.

   

  Every Holder of Securities, by receiving and holding the same, agrees with the Company and
      the Trustee that neither of the Company nor the Trustee nor any agent of any of them shall be held accountable by reason of any disclosure of information as to names and addresses of Holders made pursuant to the Trust Indenture Act.

   

  Section 7.03      Reports by Trustee. The Trustee shall transmit to Holders such
      reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto.

   

  Reports so required to be transmitted at stated intervals of not more than 12 months shall be
      transmitted no later than [ ] and shall be dated as of [ ] in each calendar year, commencing in 20[ ].

   

  A copy of each such report shall, at the time of such transmission to Holders, be filed by
      the Trustee with each stock exchange upon which any Securities are listed, with the Commission and with the Company. The Company will notify the Trustee when any Securities are listed on any stock exchange and of any delisting thereof.

   

  Section 7.04      Reports by Company. The Company shall file with the Trustee and the
      Commission, and transmit to Holders, such information, documents and other reports, and such summaries thereof, as may be required pursuant to the Trust Indenture Act, if any, at the times and in the manner provided pursuant to such Act; provided
      that any such information, documents or reports required to be filed with the Commission pursuant to Section 13 or 15(d) of the Exchange Act need not be filed with the Trustee until the 15th day after the same are actually filed with the
      Commission. Delivery of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from
      information contained therein, including the compliance by the Company with any of their covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officers’ Certificates).

  
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  Article VIII

      CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE

   

  Section 8.01     Company May Consolidate, Etc., Only on Certain Terms. The Company
      shall not, in a single transaction or a series of related transactions, consolidate with or merge into any other Person or sell, convey, transfer or lease all or substantially all its properties and assets to any Person, and the Company shall not
      permit any Person to consolidate with or merge into the Company, unless:

   

  (1)       in case the Company shall consolidate with or merge into another Person or sell,
      convey, transfer or lease all or substantially all its properties and assets to any Person, the Person formed by such consolidation or into which the Company is merged or the Person which acquires by sale, conveyance or transfer, or which leases, all
      or substantially all the properties and assets of the Company shall be a corporation, limited liability company, partnership or trust, shall be organized and validly existing under the laws of the United States, any state thereof or the District of
      Columbia and shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form reasonably satisfactory to the Trustee, the due and punctual payment of the principal of and any premium and interest on all the
      Securities and the performance or observance of every covenant of this Indenture on the part of the Company to be performed or observed and, for each Security that by its terms provides for conversion, shall have provided for the right to convert
      such Security in accordance with its terms;

   

  (2)       immediately after giving effect to such transaction and treating any Indebtedness
      which becomes an obligation of the Company or any Subsidiary as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction, no Event of Default, and no event which, after notice or lapse of
      time or both, would become an Event of Default, shall have happened and be continuing; and

   

  (3)       the Company has delivered to the Trustee an Officers’ Certificate and an Opinion of
      Counsel, each stating that such consolidation, merger, sale, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture comply with this Article and that all conditions
      precedent herein provided for relating to such transaction have been complied with.

   

  Section 8.02     Successor Substituted. Upon any consolidation of the Company with, or
      merger of the Company into, any other Person or any sale, conveyance, transfer or lease of all or substantially all the properties and assets of the Company in accordance with Section 8.01, the successor Person formed by such consolidation or into
      which the Company is merged or to which such sale, conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor
      Person had been named as the Company herein, and thereafter, except in the case of a lease, the predecessor Person shall be relieved of all obligations and covenants under this Indenture and the Securities.

  
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  Article IX

      SUPPLEMENTAL INDENTURES

   

  Section 9.01     Supplemental Indentures Without Consent of Holders. Except as may
      otherwise be provided pursuant to Section 3.01 for all or any specific Securities of any series, without the consent of any Holders, the Company, when authorized by a Board Resolution, and the Trustee, at any time and from time to time, may enter
      into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes:

   

  (1)       to evidence the succession of another Person to the Company and the assumption by any
      such successor of the covenants of the Company herein and in the Securities, as the case may be; or

   

  (2)       to add to the covenants of the Company for the benefit of the Holders of all or any
      Securities of any series (and if such covenants are to be for the benefit of less than all Securities of such series, stating that such covenants are expressly being included solely for the benefit of such Securities within such series) or to
      surrender any right or power herein conferred upon the Company with regard to all or any Securities of any series (and if any such surrender is to be made with regard to less than all Securities of such series, stating that such surrender is
      expressly being made solely with regard to such Securities within such series); or

   

  (3)       to add any additional Events of Default for the benefit of the Holders of all or any
      Securities of any series (and if such additional Events of Default are to be for the benefit of less than all Securities of such series, stating that such additional Events of Default are expressly being included solely for the benefit of such
      Securities within such series); or

   

  (4)       to add to or change any of the provisions of this Indenture to such extent as shall
      be necessary to permit or facilitate the issuance of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Securities in uncertificated form; or

   

  (5)       to add to, change or eliminate any of the provisions of this Indenture in respect of
      all or any Securities of any series (and if such addition, change or elimination is to apply with respect to less than all Securities of such series, stating that it is expressly being made to apply solely with respect to such Securities within such
      series ), provided that any such addition, change or elimination (A) shall neither (i) apply to any Security of any series created prior to the execution of such supplemental indenture and entitled to the benefit of such provision nor (ii)
      modify the rights of the Holder of any such Security with respect to such provision or (B) shall become effective only when there is no such Security Outstanding; or

   

  (6)       to secure the Securities; or

   

  (7)       to establish the form or terms of all or any Securities of any series as permitted by
      Sections 2.01 and 3.01; or

   

  (8)       to evidence and provide for the acceptance of appointment hereunder by a successor
      Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee,
      pursuant to the requirements of Section 6.11; or

  
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  (9)       to add to or change any of the provisions of this Indenture with respect to any
      Securities that by their terms may be converted into securities or other property other than Securities of the same series and of like tenor, in order to permit or facilitate the issuance, payment or conversion of such Securities; or

   

  (10)     to conform the text of this Indenture or any Securities to any provision of the “Description

        of the Notes” (or comparable) section in any offering memorandum, prospectus or prospectus supplement of the Company prepared from time to time after the date of this Indenture with respect to the offer and sale of Securities of any series, to
      the extent that such provision was intended to be a verbatim recitation of a provision of this Indenture, the Securities; or

   

  (11)     to cure any ambiguity, to correct or supplement any provision herein which may be
      defective or inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under this Indenture, provided that such action pursuant to this Clause (12) shall not adversely affect
      the interests of the Holders of Securities of any series in any material respect.

   

  The Trustee is hereby authorized to join with the Company in the execution of any such
      supplemental indenture, to make any further appropriate agreements and stipulations which may be therein contained and to accept the conveyance, transfer, assignment, mortgage or pledge of any property thereunder, but the Trustee shall not be
      obligated to enter into any such supplemental indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise.

   

  Section 9.02     Supplemental Indentures With Consent of Holders. Except as may
      otherwise be provided pursuant to Section 3.01 for all or any specific Securities of any series, with the consent of the Holders of a majority in principal amount (including consents obtained in connection with a purchase of, or tender offer or
      exchange offer for, Securities) of the Outstanding Securities of all series affected by such supplemental indenture (considered together as one class for this purpose and such affected Securities potentially being Securities of the same or different
      series and, with respect to any series, potentially comprising fewer than all the Securities of such series), by Act of said Holders delivered to the Company and the Trustee, the Company, when authorized by a Board Resolution, and the Trustee may
      enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of
      Securities of such series under this Indenture; provided, however, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby (including consents obtained in connection
      with a purchase of, or tender offer or exchange offer for, Securities),

   

  (1)       change the Stated Maturity of the principal of, or any installment of principal of or
      interest on, any Security, or reduce the principal amount thereof or the rate of interest thereon or any premium payable upon the redemption thereof, or reduce the amount of the principal of an Original Issue Discount Security or any other Security
      which would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.02, or permit the Company to redeem any Security if, absent such supplemental indenture, the Company would not be permitted to do so, or
      change any Place of Payment where, or the coin or currency in which, any Security or any premium or interest thereon is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof
      (or, in the case of redemption, on or after the Redemption Date), or

  
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  (2)       if any Security provides that the Holder may require the Company to repurchase or
      convert such Security, impair such Holder’s right to require repurchase or conversion of such Security on the terms provided therein, or

   

  (3)       reduce the percentage in principal amount of the Outstanding Securities of any one or
      more series (considered separately or together as one class, as applicable, and whether comprising the same or different series or less than all the Securities of a series), the consent of whose Holders is required for any such supplemental
      indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions of this Indenture or certain defaults hereunder and their consequences) provided for in this Indenture, or

   

  (4)       modify any of the provisions of this Section 9.02, Section 5.13 or Section 10.06,
      except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby; provided, however, that
      this clause shall not be deemed to require the consent of any Holder with respect to changes in the references to “the Trustee” and concomitant changes in this Section 9.02 and Section 10.06, or the deletion of this proviso, in accordance with the
      requirements of Sections 6.11 and 9.01(8).

   

  A supplemental indenture which changes or eliminates any covenant or other provision of this
      Indenture which has expressly been included solely for the benefit of one or more particular Securities or series of Securities, or which modifies the rights of the Holders of such Securities or series with respect to such covenant or other
      provision, shall be deemed not to affect the rights under this Indenture of the Holders of any other Securities or of any other series, as applicable.

   

  It shall not be necessary for any Act of Holders under this Section 9.02 to approve the
      particular form of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof. A consent to any indenture supplemental hereto by or on behalf of any Holder of Securities given in connection with a
      purchase of, or tender or exchange offer for, such Holder’s Securities will not be rendered invalid by such purchase, tender or exchange.

   

  Section 9.03     Execution of Supplemental Indentures. In executing, or accepting the
      additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section 6.01) shall be fully protected
      in relying upon, an Opinion of Counsel and Officers’ Certificate, stating that the execution of such supplemental indenture is authorized or permitted by this Indenture. The Trustee may, but shall not be obligated to, enter into any such supplemental
      indenture which affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise.

  
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  Section 9.04     Effect of Supplemental Indentures. Upon the execution of any
      supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter
      authenticated and delivered hereunder shall be bound thereby.

   

  Section 9.05     Conformity with Trust Indenture Act. Every supplemental indenture
      executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act.

   

  Section 9.06     Reference in Securities to Supplemental Indentures. Securities of any
      series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and shall if required by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such
      supplemental indenture. If the Company shall so determine, new Securities of any series so modified as to conform, in the opinion of the Trustee and the Company, to any such supplemental indenture may be prepared and executed by the Company and
      authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series.

   

  Section 9.07     Subordination Unimpaired. No supplemental indenture shall adversely
      affect the interests of any holder of Senior Debt then outstanding under Article XIV in any material respect unless each holder of Senior Debt so affected (or the group or representative thereof authorized or required to consent thereto pursuant to
      the instrument creating or evidencing, or pursuant to which there is outstanding, such Senior Debt) consents to such supplemental indenture in writing.

   

  Article X

      COVENANTS

   

  Section 10.01   Payment of Principal, Premium and Interest. The Company covenants and
      agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

   

  Section 10.02   Maintenance of Office or Agency. The Company will maintain in each
      Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange, where
      Securities may be surrendered for conversion and where notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be served. The Company will give prompt written notice to the Trustee of the
      location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders,
      notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

  
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  The Company may also from time to time designate one or more other offices or agencies where
      the Securities of one or more series may be presented or surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner
      relieve the Company of its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any
      change in the location of any such other office or agency.

   

  With respect to any Global Security, and except as otherwise may be specified for such Global
      Security as contemplated by Section 3.01, the Corporate Trust Office of the Trustee shall be the Place of Payment where such Global Security may be presented or surrendered for payment or for registration of transfer or exchange, or where successor
      Securities may be delivered in exchange therefor, provided, however, that any such payment, presentation, surrender or delivery effected pursuant to the Applicable Procedures of the Depositary for such Global Security shall be deemed to have been
      effected at the Place of Payment for such Global Security in accordance with the provisions of this Indenture.

   

  Section 10.03 Money for Securities Payments to Be Held in Trust. If the Company shall
      at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of or any premium or interest on any of the Securities of that series, segregate and hold in trust for the benefit
      of the Persons entitled thereto a sum sufficient to pay the principal and any premium and interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its
      action or failure so to act.

   

  Whenever the Company shall have one or more Paying Agents for any series of Securities, it
      will, on or prior to 12:30 P.M., New York City time, on each due date of the principal of or any premium or interest on any Securities of that series, deposit (or, if the Company has deposited any trust funds with a trustee pursuant to Section
      13.04(1), cause such trustee to deposit) with a Paying Agent a sum sufficient to pay such amount, such sum to be held as provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee
      of its action or failure so to act.

   

  The Company will cause each Paying Agent for any series of Securities other than the Trustee
      to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section 10.03, that such Paying Agent will (1) comply with the provisions of the Trust Indenture Act
      applicable to it as a Paying Agent and (2) during the continuance of any default by the Company (or any other obligor upon the Securities of that series) in the making of any payment in respect of the Securities of that series, upon the written
      request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent for payment in respect of the Securities of that series.

   

  The Company may at any time, for the purpose of obtaining the satisfaction and discharge of
      this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which
      such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money.

   

  
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  Any money deposited with the Trustee or any Paying Agent, or then held by the Company, in
      trust for the payment of the principal of or any premium or interest on any Security of any series and remaining unclaimed for two years after such principal, premium or interest has become due and payable shall be paid to the Company on Company
      Request, or (if then held by the Company) shall be discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Company, for payment thereof, and all liability of the Trustee or such
      Paying Agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment,
      shall, at the expense of the Company, cause to be published once, in The New York Times or The Wall Street Journal (national edition), notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30
      days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company.

   

  Section 10.04   Corporate Existence. Subject to Article VIII, the Company will do or
      cause to be done all things necessary to preserve and keep in full force and effect its corporate existence, rights (charter and statutory), licenses and franchises; provided, however, that the Company will not be required to preserve
      any such right, license or franchise if it shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company.

   

  Section 10.05   Statement by Officers as to Default. The Company shall deliver to the
      Trustee, within 120 days after the end of each fiscal year of the Company ending after the date hereof, an Officers’ Certificate, stating that a review of the activities of the Company during the preceding fiscal year has been made under the
      supervision of the signing Officers with a view to determining whether the Company has kept, observed, performed and fulfilled its obligations under this Indenture with respect to the Securities of each series Outstanding and further stating, as to
      each such Officer signing such certificate, that to the best of such Officer’s actual knowledge, the Company has kept, observed, performed and fulfilled its obligations under this Indenture with respect to Securities of such series and is not in
      default in the performance and observance of any of the material terms, provisions and conditions of this Indenture with respect to Securities of such series, in each case, so as not to result in any default or Event of Default with respect to
      Securities of such series (or, if a default or Event of Default with respect to Securities of such series shall have occurred and be continuing, describing all such defaults or Events of Default of which such Officer may have knowledge and what
      action the Company is taking or propose to take with respect thereto).

   

  Section 10.06   Waiver of Certain Covenants. Except as otherwise provided pursuant to
      Section 3.01 for all or any Securities of any series, the Company may, with respect to all or any Securities of any series, omit in any particular instance to comply with any term, provision or condition set forth in Section 10.04 or in any covenant
      provided pursuant to Section 3.01(18), 9.01(2), 9.01(6) or 9.01(7) for the benefit of the Holders of such series or in Article VIII if, before the time for such compliance, the Holders of a majority in principal amount (including waivers obtained in
      connection with a purchase of, or tender offer or exchange offer for, Securities) of all Outstanding Securities affected by such waiver (considered together as one class for this purpose and such affected Securities potentially being Securities of
      the same or different series and, with respect to any particular series, potentially comprising fewer than all the Securities of such series) shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance
      with such term, provision or condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the
      duties of the Trustee in respect of any such term, provision or condition shall remain in full force and effect. A waiver of compliance given by or on behalf of any Holder of Securities in connection with a purchase of, or tender or exchange offer
      for, such Holder’s Securities will not be rendered invalid by such purchase, tender or exchange.

  
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  Article XI

      REDEMPTION OF SECURITIES

   

  Section 11.01   Applicability of Article. Securities of any series which are
      redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 3.01 for such Securities) in accordance with this Article.

   

  Section 11.02   Election to Redeem; Notice to Trustee. The election of the Company to
      redeem any Securities shall be established in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 3.01 for such Securities. In case of any redemption at the election of the Company of less than all the
      Securities of any series (including any such redemption affecting only a single Security), the Company shall, at least 5 Business Days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee),
      notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed. In the case of any redemption of Securities (1) prior to the expiration
      of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (2) pursuant to an election of the Company that is subject to a condition specified in the terms of the Securities of the series to be
      redeemed, the Company shall furnish the Trustee with an Officers’ Certificate evidencing compliance with such restriction or condition. Redemptions may be conditioned upon the occurrence of conditions precedent with respect to the redemption.

   

  Section 11.03   Selection by Trustee of Securities to Be Redeemed. If less than all
      the Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor are to be redeemed or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be
      selected not more than 40 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for
      the selection for redemption of a portion of the principal amount of any Security of such series, provided that the unredeemed portion of the principal amount of any Security shall be in an authorized denomination (which shall not be less
      than the minimum authorized denomination) for such Security. If less than all the Securities of such series and of a specified tenor are to be redeemed (unless such redemption affects only a single Security), the particular Securities to be redeemed
      shall be selected not more than 40 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series and specified tenor not previously called for redemption in accordance with the preceding sentence.

  
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  If any Security selected for partial redemption is converted in part before termination of
      the conversion right with respect to the portion of the Security so selected, the converted portion of such Security shall be deemed (so far as it may be) to be the portion selected for redemption. Securities which have been converted during a
      selection of Securities to be redeemed shall be treated by the Trustee as Outstanding for the purpose of such selection.

   

  The Trustee shall promptly notify the Company and each Security Registrar in writing of the
      Securities selected for redemption as aforesaid and, in case of any Securities selected for partial redemption as aforesaid, the principal amount thereof to be redeemed.

   

  The provisions of the two preceding paragraphs shall not apply with respect to any redemption
      affecting only a single Security, whether such Security is to be redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized denomination (which
      shall not be less than the minimum authorized denomination) for such Security.

   

  For all purposes of this Indenture, unless the context otherwise requires, all provisions
      relating to the redemption of Securities shall relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed.

   

  Section 11.04 Notice of Redemption. Notice of redemption shall be given in the manner
      provided in Section 1.06 not less than 30 days nor more than 60 days prior to the Redemption Date (or within such period as otherwise specified as contemplated by Section 3.01 for the relevant Securities), to each Holder of Securities to be redeemed,
      at his address appearing in the Security Register.

   

  All notices of redemption shall identify the Securities to be redeemed (including CUSIP
      numbers, if any) and shall state:

   

  (1)       the Redemption Date,

   

  (2)       the Redemption Price,

   

  (3)       if less than all the Outstanding Securities of any series consisting of more than a
      single Security are to be redeemed, the identification (and, in the case of partial redemption of any such Securities, the principal amounts) of the particular Securities to be redeemed and, if less than all the Outstanding Securities of any series
      consisting of a single Security are to be redeemed, the principal amount of the particular Security to be redeemed,

   

  (4)       that on the Redemption Date the Redemption Price will become due and payable upon
      each such Security to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date,

  
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  (5)       the place or places where each such Security is to be surrendered for payment of the
      Redemption Price,

   

  (6)       the conditions precedent for the redemption, if any,

   

  (7)       for any Securities that by their terms may be converted, the terms of conversion, the
      date on which the right to convert the Security to be redeemed will terminate and the place or places where such Securities may be surrendered for conversion, and

   

  (8)       that the redemption is for a sinking fund, if such is the case.

   

  Notice of redemption of Securities to be redeemed at the election of the Company shall be
      given by the Company or, at the Company’s request, by the Trustee in the name and at the expense of the Company.

   

  Section 11.05   Deposit of Redemption Price. Prior to 11:00 A.M., New York City time,
      on any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 10.03) an amount of money sufficient to pay the
      Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that date, other than any Securities called for redemption on that date which have been
      converted prior to the date of such deposit.

   

  If any Security called for redemption is converted, any money deposited with the Trustee or
      with any Paying Agent or so segregated and held in trust for the redemption of such Security shall (subject to any right of the Holder of such Security or any Predecessor Security to receive interest as provided in the last paragraph of Section 3.07
      or in the terms of such Security) be paid to the Company upon Company Request or, if then held by the Company, shall be discharged from such trust.

   

  Section 11.06   Securities Payable on Redemption Date. Notice of redemption having
      been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption
      Price and accrued interest or unless the conditions for the redemption have not been satisfied) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be
      paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 3.01, installments of interest whose Stated Maturity is
      on or prior to the Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of
      Section 3.07.

   

  If any Security called for redemption shall not be so paid upon surrender thereof for
      redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

  
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  Section 11.07   Securities Redeemed in Part. Any Security which is to be redeemed only
      in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder
      thereof or his attorney duly authorized in writing), and the Company and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any
      authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered.

   

  Section 11.08   No Limit on Repurchases. Nothing in this Indenture or the Securities
      shall prohibit or limit the right of the Company or any Affiliate of the Company to repurchase Securities from time to time at any price in open market purchases or private transactions at negotiated prices, by tender offer or otherwise, in each case
      without any notice to or consent by Holders. Any Securities purchased by the Company or any Affiliate of the Company may, to the extent permitted by law and at the discretion of the Company, be held, resold or delivered to the Trustee for
      cancellation. Any such Securities delivered to the Trustee for cancellation may not be resold and shall be disposed of as directed by Company Order.

   

  Article XII

      SINKING FUNDS

   

  Section 12.01   Applicability of Article. The provisions of this Article shall be
      applicable to any sinking fund for the retirement of Securities of any series except as otherwise specified as contemplated by Section 3.01 for such Securities.

   

  The minimum amount of any sinking fund payment provided for by the terms of any Securities is
      herein referred to as a “mandatory sinking fund payment,” and any payment in excess of such minimum amount provided for by the terms of such Securities is herein referred to as an “optional sinking fund payment.” If provided for by the terms of any
      Securities, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 12.02. Each sinking fund payment shall be applied to the redemption of Securities as provided for by the terms of such Securities.

   

  Section 12.02   Satisfaction of Sinking Fund Payments with Securities. The Company (1)
      may deliver Outstanding Securities of a series (other than any previously called for redemption) and (2) may apply as a credit Securities of a series which have been converted in accordance with their terms or which have been redeemed either at the
      election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund
      payment with respect to any Securities of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such Securities; provided that the Securities to be so credited have not
      been previously so credited. The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price, as specified in the Securities so to be redeemed (or at such other prices as may be specified for
      such Securities as contemplated in Section 3.01), for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

  
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  Section 12.03   Redemption of Securities for Sinking Fund. Not less than 45 days (or
      such shorter period as shall be satisfactory to the Trustee) prior to each sinking fund payment date for any Securities, the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next ensuing sinking fund payment
      for such Securities pursuant to the terms of such Securities, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting Securities pursuant to
      Section 12.02 and will also deliver to the Trustee any Securities to be so delivered. Not less than 30 days prior to each such sinking fund payment date, the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in
      the manner specified in Section 11.03 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 11.04. Such notice having been duly given, the redemption of such
      Securities shall be made upon the terms and in the manner stated in Sections 11.06 and 11.07.

   

  Article XIII

      DEFEASANCE AND COVENANT DEFEASANCE

   

  Section 13.01   Company’s Option to Effect Defeasance or Covenant Defeasance. Unless
      otherwise designated pursuant to Section 3.01(15), the Securities of any series of Securities shall be subject to defeasance or covenant defeasance pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided
      pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article. The Company may elect, at its option, at any time, to have Section 13.02 or Section 13.03 applied to any Securities or any series of Securities so
      subject to defeasance or covenant defeasance. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 for such Securities.

   

  Section 13.02   Defeasance and Discharge. Upon the Company’s exercise of its option
      (if any) to have this Section 13.02 applied to any Securities or any series of Securities, as the case may be, the Company shall be deemed to have been discharged from its obligations, and the provisions of Article XIV shall cease to be effective,
      with respect to such Securities as provided in this Section 13.02 on and after the date the conditions set forth in Section 13.04 are satisfied (hereinafter called “Defeasance”). For this purpose, such Defeasance means that the Company shall
      be deemed to have paid and discharged the entire Indebtedness represented by such Securities and to have satisfied all their other respective obligations under such Securities and this Indenture insofar as such Securities are concerned (and the
      Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same), subject to the following which shall survive until otherwise terminated or discharged hereunder: (1) the rights of Holders of such Securities to
      receive, solely from the trust fund described in Section 13.04(1) and as more fully set forth in such Section, payments in respect of the principal of and any premium and interest on such Securities when payments are due, or, if applicable, to
      convert such Securities in accordance with their terms, (2) the obligations of the Company with respect to such Securities under Sections 3.04, 3.05, 3.06, 10.02 and 10.03, and, if applicable, their obligations with respect to the conversion of such
      Securities, (3) the rights, powers, trusts, duties and immunities of the Trustee hereunder and (4) this Article. Subject to compliance with this Article, the Company may exercise its option (if any) to have this Section 13.02 applied to any
      Securities notwithstanding the prior exercise of its option (if any) to have Section 13.03 applied to such Securities.

  
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  Section 13.03    Covenant Defeasance. Upon the Company’s exercise of its option (if
      any) to have this Section 13.03 applied to any Securities or any series of Securities, as the case may be, (1) the Company shall be released from its obligations under Section 10.04 and any covenants provided pursuant to Section 3.01(18), 9.01(2),
      9.01(6) or 9.01(7) for the benefit of the Holders of such Securities and (2) the occurrence of any event specified in Sections 5.01(4) (with respect to Section 10.04 and any such covenants provided pursuant to Section 3.01(18), 9.01(2), 9.01(6) or
      9.01(7)) and 5.01(8) shall be deemed not to be or result in an Event of Default, and (3) the provisions of Article XIV shall cease to be effective, in each case with respect to such Securities as provided in this Section 13.03 on and after the date
      the conditions set forth in Section 13.04 are satisfied (hereinafter called “Covenant Defeasance”). For this purpose, such Covenant Defeasance means that, with respect to such Securities, the Company may omit to comply with and shall have no
      liability in respect of any term, condition or limitation set forth in any such specified Section (to the extent so specified in the case of Section 5.01(4)) or Article XIV, whether directly or indirectly by reason of any reference elsewhere herein
      to any such Section or by reason of any reference in any such Section to any other provision herein or in any other document, but the remainder of this Indenture and such Securities thereof shall be unaffected thereby.

   

  Section 13.04    Conditions to Defeasance or Covenant Defeasance. The following shall
      be the conditions to the application of Section 13.02 or Section 13.03 to any Securities or any series of Securities, as the case may be:

   

  (1)       The Company shall irrevocably have deposited or caused to be deposited with the
      Trustee (or another trustee which satisfies the requirements contemplated by Section 6.09 and agrees to comply with the provisions of this Article applicable to it) as trust funds in trust for the purpose of making the following payments,
      specifically pledged as security for, and dedicated solely to, the benefits of the Holders of such Securities, (A) money in an amount, or (B) U.S. Government Obligations which through the scheduled payment of principal and interest in respect thereof
      in accordance with their terms will provide, not later than one day before the due date of any payment, money in an amount, or (C) such other obligations or arrangements as may be specified as contemplated by Section 3.01 with respect to such
      Securities, or (D) a combination thereof, in each case sufficient (except in the case of clause (A), in the opinion of a nationally recognized firm of independent public accountants or a nationally recognized investment banking firm expressed in a
      written certification thereof delivered to the Trustee) to pay and discharge, and which shall be applied by the Trustee (or any such other qualifying trustee) to pay and discharge, the principal of and any premium and interest on such Securities on
      the respective Stated Maturities, in accordance with the terms of this Indenture and such Securities. As used herein, “U.S. Government Obligation” means (x) any security which is (i) a direct obligation of the United States of America for the
      payment of which the full faith and credit of the United States of America is pledged or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is
      unconditionally guaranteed as a full faith and credit obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (y) any depositary receipt issued by a bank
      (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any U.S. Government Obligation which is specified in Clause (x) above and held by such bank for the account of the holder of such depositary receipt, or with respect
      to any specific payment of principal of or interest on any U.S. Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to
      the holder of such depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of principal or interest evidenced by such depositary receipt.

  
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  (2)       In the event of an election to have Section 13.02 apply to any Securities or any
      series of Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel stating that (A) the Company has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the
      date of this instrument, there has been a change in the applicable Federal income tax law, in either case (A) or (B) to the effect that, and based thereon such opinion shall confirm that, the Holders of such Securities will not recognize gain or loss
      for Federal income tax purposes as a result of the deposit, Defeasance and discharge to be effected with respect to such Securities and will be subject to Federal income tax on the same amount, in the same manner and at the same times as would be the
      case if such deposit, Defeasance and discharge were not to occur.

   

  (3)       In the event of an election to have Section 13.03 apply to any Securities or any
      series of Securities, as the case may be, the Company shall have delivered to the Trustee an Opinion of Counsel to the effect that the Holders of such Securities will not recognize gain or loss for Federal income tax purposes as a result of the
      deposit and Covenant Defeasance to be effected with respect to such Securities and will be subject to Federal income tax on the same amount, in the same manner and at the same times as would be the case if such deposit and Covenant Defeasance were
      not to occur.

   

  (4)       The Company shall have delivered to the Trustee an Officers’ Certificate to the
      effect that neither such Securities nor any other Securities of the same series, if then listed on any securities exchange, will be delisted as a result of such deposit.

   

  (5)       No event which is, or after notice or lapse of time or both would become, an Event of
      Default with respect to such Securities or any other Securities (other than such an event or Event of Default with respect to such Securities resulting solely from the incurrence of Indebtedness or other borrowing of funds, or the grant of liens
      securing such Indebtedness or other borrowing, all or a portion of which are to be applied to such deposit) shall have occurred and be continuing at the time of such deposit.

   

  (6)       Such Defeasance or Covenant Defeasance shall not result in a breach or violation of,
      or constitute a default under, any other agreement or instrument (other than this Indenture insofar as such Securities are concerned) to which the Company is a party or by which it is bound.

  
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  (7)       The Company shall have delivered to the Trustee an Officers’ Certificate stating that
      the deposit was not made by the Company with the intent of preferring the Holders of such Securities over the other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding creditors of the Company.

   

  (8)       The Company shall have delivered to the Trustee an Officers’ Certificate and an
      Opinion of Counsel, each stating that all conditions precedent with respect to such Defeasance or Covenant Defeasance have been complied with.

   

  Section 13.05    Deposited Money and U.S. Government Obligations to Be Held in Trust;
        Miscellaneous Provisions. Subject to the provisions of the last paragraph of Section 10.03, all money and U.S. Government Obligations (including the proceeds thereof) deposited with the Trustee or other qualifying trustee (solely for purposes
      of this Section 13.05 and Section 13.06, the Trustee and any such other trustee are referred to collectively as the “Trustee”) pursuant to Section 13.04 in respect of any Securities shall be held in trust and applied by the Trustee, in
      accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any such Paying Agent (including the Company acting as its own Paying Agent or any Subsidiary or Affiliate of the Company) as the Trustee
      may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of principal and any premium and interest, but money and U.S. Government Obligations so held in trust need not be segregated from other funds
      except to the extent required by law. Money and U.S. Government Obligations (including the proceeds thereof) so held in trust shall not be subject to the provisions of Article XIV, provided that the applicable conditions of Section 13.04
      have been satisfied.

   

  The Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed
      on or assessed against the U.S. Government Obligations deposited pursuant to Section 13.04 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of
      Outstanding Securities.

   

  Anything in this Article to the contrary notwithstanding, the Trustee shall deliver or pay to
      the Company from time to time upon Company Request any money or U.S. Government Obligations held by it as provided in Section 13.04 with respect to any Securities which, in the opinion of a nationally recognized firm of independent public accountants
      expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect the Defeasance or Covenant Defeasance, as the case may be, with respect to such
      Securities.

   

  Section 13.06     Reinstatement. If the Trustee or the Paying Agent is unable to apply
      any money in accordance with this Article with respect to any Securities by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the respective obligations under
      this Indenture and such Securities from which the Company been discharged or released pursuant to Section 13.02 or 13.03 shall be revived and reinstated as though no deposit had occurred pursuant to this Article with respect to such Securities, until
      such time as the Trustee or Paying Agent is permitted to apply all money held in trust pursuant to Section 13.05 with respect to such Securities in accordance with this Article; provided, however, that if the Company makes any payment
      of principal of or any premium or interest on any such Security following such reinstatement of its obligations, the Company, shall be subrogated to the rights (if any) of the Holders of such Securities to receive such payment from the money so held
      in trust.

  
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  Article XIV

      SUBORDINATION OF SECURITIES

   

  Section 14.01     Securities Subordinate to Senior Debt. The Company covenants and
      agrees, and each Holder of a Security, by his acceptance thereof, likewise covenants and agrees, that, to the extent and in the manner hereinafter set forth in this Article, the Indebtedness represented by the Securities and the payment of the
      principal of (and premium, if any) and interest on each and all of the Securities are hereby expressly made subordinate and subject in right of payment to the prior payment in full of all Senior Debt.

   

  Notwithstanding the foregoing, if a deposit referred to in Section 13.04(1) is made pursuant
      to Section 13.02 or Section 13.03 with respect to any Securities (and provided all other conditions set out in Section 13.02 or Section 13.03, as applicable, shall have been satisfied with respect to such Securities), then no money or U.S. Government
      Obligations so deposited, and no proceeds thereon, will be subject to any rights of holders of Senior Debt, including any such rights arising under this Article XIV.

   

  Section 14.02    Payment Over of Proceeds Upon Dissolution, Etc. In the event of (a)
      any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding in connection therewith, relative to the Company or to its creditors, as such, or to its assets, or (b) any
      liquidation, dissolution or other winding up of the Company, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or any other marshalling of assets and liabilities
      of the Company, then and in any such event the holders of Senior Debt shall be entitled to receive payment in full of all amounts due or to become due on or in respect of all Senior Debt (including any interest accruing thereon after the commencement
      of any such case or proceeding), or provision shall be made for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of Senior Debt, before the Holders of the Securities are entitled to receive any payment on
      account of principal of (or premium, if any) or interest on the Securities, and to that end the holders of Senior Debt shall be entitled to receive, for application to the payment thereof, any payment or distribution of any kind or character, whether
      in cash, property or securities, including any such payment or distribution which may be payable or deliverable by reason of the payment of any other Indebtedness of the Company being subordinated to the payment of the Securities, which may be
      payable or deliverable in respect of the Securities in any such case, proceeding, dissolution, liquidation or other winding up event.

   

  In the event that, notwithstanding the foregoing provisions of this Section 14.02, the
      Trustee or the Holder of any Security shall have received any payment or distribution of assets of the Company of any kind or character, whether in cash, property or securities, including any such payment or distribution which may be payable or
      deliverable by reason of the payment of any other Indebtedness of the Company being subordinated to the payment of the Securities, before all Senior Debt is paid in full or payment thereof provided for, and if such fact shall, at or prior to the time
      of such payment or distribution, have been made known to the Trustee or, as the case may be, such Holder, then and in such event such payment or distribution shall be paid over or delivered forthwith to the trustee in bankruptcy, receiver,
      liquidating trustee, custodian, assignee, agent or other Person making payment or distribution of assets of the Company for application to the payment of all Senior Debt remaining unpaid, to the extent necessary to pay all Senior Debt in full, after
      giving effect to any concurrent payment or distribution to or for the holders of Senior Debt. Any taxes that have been withheld or deducted from any payment or distribution in respect of the Securities, or any taxes that ought to have been withheld
      or deducted from any such payment or distribution that have been remitted to the relevant taxing authority, shall not be considered to be an amount that the Trustee or the Holder of any Security receives for purposes of this Section 14.02.

  
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  For purposes of this Article only, the words “cash, property or securities” shall not be
      deemed to include shares of stock of the Company as reorganized or readjusted, or securities of the Company or any other corporation or other entity, provided for by a plan of reorganization or readjustment which are subordinated in right of payment
      to all Senior Debt which may at the time be outstanding to substantially the same extent as, or to a greater extent than, the Securities are so subordinated as provided in this Article. The consolidation of the Company with, or the merger of the
      Company into, or the sale, conveyance, transfer or lease by the Company of all or substantially all its properties and assets to, another Person upon the terms and conditions set forth in Article VIII, or the liquidation or dissolution of the Company
      following any such sale, conveyance or transfer, shall not be deemed a dissolution, winding up, liquidation, reorganization, assignment for the benefit of creditors or marshalling of assets and liabilities of the Company for the purposes of this
      Section 14.02 if the Person formed by such consolidation or into which the Company is merged or the Person which acquires by sale, conveyance, transfer or lease all or substantially all of such properties and assets, as the case may be, shall, as a
      part of such consolidation, merger, sale, conveyance, transfer or lease, comply with the conditions set forth in Article VIII.

   

  Section 14.03    Prior Payment to Senior Debt Upon Acceleration of Securities. In the
      event that any Securities are declared due and payable before their Stated Maturity, then and in such event the holders of Senior Debt shall be entitled to receive payment in full of all amounts due or to become due on or in respect of all Senior
      Debt or provision shall be made for such payment in cash, before the Holders of the Securities are entitled to receive any payment (including any payment which may be payable by reason of the payment of any other Indebtedness of the Company being
      subordinated to the payment of the Securities) by the Company on account of the principal of (or premium, if any) or interest on the Securities or on account of the purchase or other acquisition of Securities; provided, however, that
      nothing in this Section 14.03 shall prevent the satisfaction of any sinking fund payment in accordance with Article XII by delivering and crediting pursuant to Section 12.02 Securities which have been acquired (upon redemption or otherwise) prior to
      such declaration of acceleration.

   

  In the event that, notwithstanding the foregoing, the Company shall make any payment to the
      Trustee or the Holder of any Security prohibited by the foregoing provisions of this Section 14.03, and if such fact shall, at or prior to the time of such payment, have been made known to the Trustee or, as the case may be, such Holder, then and in
      such event such payment shall be paid over and delivered forthwith to the Company.

  
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  Section 14.04    No Payment When Senior Debt in Default. Subject to the last paragraph
      of this Section 14.04, (a) (i) in the event and during the continuation of any default in the payment of principal of (or premium, if any) or interest on any Senior Debt beyond any applicable grace period with respect thereto, or (ii) in the event
      that any event of default with respect to any Senior Debt shall have occurred and be continuing permitting the holders of such Senior Debt (or a trustee on behalf of the holders thereof) to declare such Senior Debt due and payable prior to the date
      on which it would otherwise have become due and payable, whether or not such Senior Debt has been so accelerated (provided that, in the case of Clause (i) or Clause (ii), if such default in payment or event of default shall have been cured or
      waived or shall have ceased to exist and any such declaration of acceleration shall have been rescinded or annulled, then such default in payment or event of default, as the case may be, shall be deemed not to have occurred for the purposes of this
      Section 14.04), or (b) in the event that any judicial proceeding shall be pending with respect to any such default in payment or event of default that shall be deemed to have occurred for the purpose of this Section 14.04, then no payment (including
      any payment which may be payable by reason of the payment of any other Indebtedness of the Company being subordinated to the payment of the Securities) shall be made by the Company on account of principal of (or premium, if any) or interest on the
      Securities or on account of the purchase or other acquisition of Securities; provided, however, that nothing in this Section 14.04 shall prevent the satisfaction of any sinking fund payment in accordance with Article XII by delivering and
      crediting pursuant to Section 12.02 Securities which have been acquired (upon redemption or otherwise) prior to such default in payment.

   

  In the event that, notwithstanding the foregoing, the Company shall make any payment to the
      Trustee or the Holder of any Security prohibited by the provisions of this Section 14.04, and if such fact shall, at or prior to the time of such payment, have been made known to the Trustee or, as the case may be, such Holder, then and in such event
      such payment shall be paid over and delivered forthwith to the Company.

   

  No default in payment or event of default with respect to any Senior Debt shall be deemed to
      be a default in payment or event of default of the kind specified in Clause (a)(i) or (a)(ii) of this Section 14.04, and no judicial proceeding with respect to any such default in payment or event of default shall be deemed to be a judicial
      proceeding of the kind specified in Clause (b) of this Section 14.04, if (x) the Company shall be disputing the occurrence or continuation of such default in payment or event of default, or any obligation purportedly giving rise to such default in
      payment or event of default, and (y) no final judgment holding that such default in payment or event of default has occurred and is continuing shall have been issued. For this purpose, a “final judgment” means a judgment that is issued by a court
      having jurisdiction over the Company or its property, is binding on the Company or their property, is in full force and effect and is not subject to judicial appeal or review (including because the time within which a party may seek appeal or review
      has expired), provided that, if any such judgment has been issued but is subject to judicial appeal or review, it shall nevertheless be deemed to be a final judgment unless the Company shall in good faith be prosecuting such appeal or a
      proceeding for such review and shall have obtained a stay of execution pending such appeal or review. Notwithstanding the foregoing, this paragraph shall not apply to any default in payment or event of default with respect to any Senior Debt as to
      which the Company has waived the application of this paragraph in the instrument evidencing such Senior Debt or by which such Senior Debt is created, incurred, assumed or guaranteed by the Company.

  
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  Section 14.05     Payment Permitted in Certain Situations. Nothing contained in this
      Article or elsewhere in this Indenture or in any of the Securities shall prevent (a) the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or
      other marshalling of assets and liabilities of the Company referred to in Section 14.02 or under the conditions described in Section 14.03 or Section 14.04, from making payments at any time of or on account of the principal of (and premium, if any)
      or interest on the Securities, or on account of the purchase or other acquisition of Securities, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any)
      or interest on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this Article.

   

  Section 14.06     Subrogation to Rights of Holders of Senior Debt. Subject to the
      payment in full of all Senior Debt or the provision for such payment in cash or cash equivalents or otherwise in a manner satisfactory to the holders of Senior Debt, the Holders of the Securities shall be subrogated to the extent of the payments or
      distributions made to the holders of such Senior Debt pursuant to the provisions of this Article (equally and ratably with the holders of Indebtedness of the Company which by its express terms is subordinated to other Indebtedness of the Company to
      substantially the same extent as the Securities are subordinated to the Senior Debt and is entitled to like rights of subrogation) to the rights of the holders of such Senior Debt to receive payments and distributions of cash, property and securities
      applicable to the Senior Debt until the principal of (and premium, if any) and interest on the Securities shall be paid in full. For purposes of such subrogation, no payments or distributions to the holders of the Senior Debt of any cash, property or
      securities to which the Holders of the Securities or the Trustee would be entitled except for the provisions of this Article, and no payments over pursuant to the provisions of this Article to the holders of Senior Debt by Holders of the Securities
      or the Trustee, shall, as among the Company, its creditors other than holders of Senior Debt and the Holders of the Securities, be deemed to be a payment or distribution by the Company to or on account of the Senior Debt.

   

  Section 14.07     Provisions Solely to Define Relative Rights. The provisions of this
      Article are and are intended solely for the purpose of defining the relative rights of the Holders of the Securities on the one hand and the holders of Senior Debt on the other hand. Nothing contained in this Article or elsewhere in this Indenture or
      in the Securities is intended to or shall (a) impair, as among the Company, its creditors other than holders of Senior Debt and the Holders of the Securities, the obligation of the Company, which is absolute and unconditional (and which, subject to
      the rights under this Article of the holders of Senior Debt, is intended to rank equally with all other general obligations of the Company), to pay to the Holders of the Securities the principal of (and premium, if any) and interest on the Securities
      as and when the same shall become due and payable in accordance with their terms; or (b) affect the relative rights against the Company of the Holders of the Securities and creditors of the Company other than the holders of Senior Debt; or (c)
      prevent the Trustee or the Holder of any Security from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article of the holders of Senior Debt to receive cash,
      property and securities otherwise payable or deliverable to the Trustee or such Holder.

  
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  Section 14.08     Trustee to Effectuate Subordination. Each Holder of a Security by
      his acceptance thereof authorizes and directs the Trustee on his behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints the Trustee his attorney-in-fact for any and all such
      purposes.

   

  Section 14.09     No Waiver of Subordination Provisions. No right of any present or
      future holder of any Senior Debt to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of the Company or by any act or failure to act, in good faith, by any such
      holder, or by any non-compliance by the Company with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.

   

  Without in any way limiting the generality of the foregoing paragraph, the holders of Senior
      Debt may, at any time and from time to time, without the consent of or notice to the Trustee or the Holders of the Securities, without incurring responsibility to the Holders of the Securities and without impairing or releasing the subordination
      provided in this Article or the obligations hereunder of the Holders of the Securities to the holders of Senior Debt do any one or more of the following: (a) change the manner, place or terms of payment or extend the time of payment of, or renew or
      alter, Senior Debt or otherwise amend or supplement in any manner Senior Debt or any instrument evidencing the same or any agreement under which Senior Debt is outstanding; (b) sell, exchange, release or otherwise deal with any property pledged,
      mortgaged or otherwise securing Senior Debt; (c) release any Person liable in any manner for the collection of Senior Debt; and (d) exercise or refrain from exercising any rights against the Issuers and any other Person.

   

  Section 14.10    Notice to Trustee. The Company shall give prompt written notice to
      the Trustee of any fact known to the Company which would prohibit the making of any payment to or by the Trustee in respect of the Securities. Notwithstanding the provisions of this Article or any other provision of this Indenture, the Trustee shall
      not be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee in respect of the Securities, unless and until the Trustee shall have received written notice thereof from the Company or
      a holder of Senior Debt or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 6.01, shall be entitled in all respects to assume that no such facts exist.

   

  Subject to the provisions of Section 6.01, the Trustee shall be entitled to rely on the
      delivery to it of a written notice by a Person representing himself to be a holder of Senior Debt (or a trustee therefor) to establish that such notice has been given by a holder of Senior Debt (or a trustee therefor). In the event that the Trustee
      determines in good faith that further evidence is required with respect to the right of any Person as a holder of Senior Debt to participate in any payment or distribution pursuant to this Article, the Trustee may request such Person to furnish
      evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Debt held by such Person, the extent to which such Person is entitled to participate in such payment or distribution and any other facts pertinent to the rights of such
      Person under this Article, and if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as to the right of such Person to receive such payment.

  
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  Section 14.11     Reliance on Judicial Order or Certificate of Liquidating Agent. Upon
      any payment or distribution of assets of the Company referred to in this Article, the Trustee, subject to the provisions of Section 6.01, and the Holders of the Securities shall be entitled to rely upon any order or decree entered by any court of
      competent jurisdiction in which such insolvency, bankruptcy, receivership, liquidation, reorganization, dissolution, winding up or similar case or proceeding is pending, or a certificate of the trustee in bankruptcy, receiver, liquidating trustee,
      custodian, assignee for the benefit of creditors, agent or other Person making such payment or distribution, delivered to the Trustee or to the Holders of Securities, for the purpose of ascertaining the Persons entitled to participate in such payment
      or distribution, the holders of Senior Debt and other Indebtedness of the Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article.

   

  Section 14.12     Trustee Not Fiduciary For Holders of Senior Debt. The Trustee shall
      not be deemed to owe any fiduciary duty to the holders of Senior Debt and shall not be liable to any such holders or creditors if it shall in good faith pay over or distribute to Holders of Securities or to the Company or to any other Person cash,
      property or securities to which any holders of Senior Debt shall be entitled by virtue of this Article or otherwise. With respect to the holders of Senior Debt, the Trustee undertakes to perform or to observe only such of its covenants or obligations
      as are specifically set forth in this Article and no implied covenants or obligations with respect to holders of Senior Debt shall be read into this Indenture against the Trustee.

   

  Section 14.13     Rights of Trustee as Holder of Senior Debt; Preservation of Trustee’s
        Rights. The Trustee in its individual capacity shall be entitled to all the rights set forth in this Article with respect to any Senior Debt which may at any time be held by it, to the same extent as any other holder of Senior Debt and nothing
      in this Indenture shall deprive the Trustee of any of its rights as such holder.

   

  Nothing in this Article shall apply to claims of, or payments to, the Trustee under or
      pursuant to Section 6.06.

   

  Section 14.14    Article Applicable to Paying Agents. In case at any time any Paying
      Agent other than the Trustee shall have been appointed by the Company and be then acting hereunder, the term “Trustee” as used in this Article shall in such case (unless the context otherwise requires) be construed as extending to and
      including such Paying Agent within its meaning as fully for all intents and purposes as if such Paying Agent were named in this Article in addition to or in place of the Trustee.

   

  This instrument may be executed in any number of counterparts, each of which so executed
      shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. Delivery of an executed counterpart of this Indenture by facsimile or electronic transmission shall be equally as effective as
      delivery of an original executed counterpart of this Indenture. Any party delivering an executed counterpart of this Indenture by facsimile or electronic transmission also shall deliver an original executed counterpart of this Indenture, but failure
      to deliver an original executed counterpart shall not affect the validity, enforceability and binding effect of this Indenture.

  
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  IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed as of
      the day and year first above written.

   

  

  	 	ARIS WATER SOLUTIONS, INC.


   

  	 	BY:	 


   

  	 	Name:	 


   

  	 	Title:	 


  

   

  [Signature Page to Indenture] 

  
     

    
      
 

  

   

  

  

  	 	[NAME OF TRUSTEE]


   

  	 	BY:	 


   

  	 	Name:	 


   

  	 	Title:	 


  

   

  [Signature Page to Indenture]