EX-4.7



 EXHIBIT 4.7 

SAFEWAY INC. 
 OFFICERS’
CERTIFICATE PURSUANT TO 
 SECTIONS 2.2 AND 10.4 OF THE INDENTURE 

Vasant M. Prabhu and Melissa C. Plaisance do hereby certify that they are the Executive Vice President and Chief Financial Officer, and the
Senior Vice President - Finance and Investor Relations, respectively, of Safeway Inc., a Delaware corporation (the “Company”), and do further certify, pursuant to resolutions of the Board of Directors of the Company adopted on
July 20, 1999 and January 25, 2001 (the “Resolutions”), and in accordance with Sections 2.2 and 10.4 of the Indenture (the “Indenture”) dated as of September 10, 1997 between the Company and The Bank of New York,
as trustee (the “Trustee”), as follows: 
 1. Attached hereto as Annex A is a true and correct copy of a specimen
debenture (the “Form of Debenture”) representing the Company’s 7.25% Debentures Due 2031 (the “Debentures”). 

2. The Form of Debenture sets forth certain of the terms required to be set forth in this certificate pursuant to
Section 2.2 of the Indenture, and said terms are incorporated herein by reference. The Debentures were issued at the initial public offering price of 99.745% of principal amount. 

3. In addition to the covenants set forth in Article IV of the Indenture, the Debentures shall include the following additional
covenants, and such additional covenants shall be subject to covenant defeasance pursuant to Section 8.4 of the Indenture: 

“Section 4.7 Limitation on Liens. 

The Company shall not, nor shall it permit any of its Subsidiaries to, create, incur, or permit to exist, any Lien on any of
their respective properties or assets, whether now owned or hereafter acquired, or upon any income or profits therefrom, in order to secure any Indebtedness of the Company, without effectively providing that the Debentures shall be equally and
ratably secured until such time as such Indebtedness is no longer secured by such Lien, except: (i) Liens existing as of January 31, 2001 (the “Closing Date”); (ii) Liens granted after the Closing Date on any assets or
properties of the Company or any of its Subsidiaries securing Indebtedness of the Company created in favor of the Holders of the Debentures; (iii) Liens securing Indebtedness of the Company which is incurred to extend, renew or refinance
Indebtedness which is secured by Liens permitted to be incurred under the Indenture; provided that such Liens do not extend to or cover any property or assets of the Company or any of its Subsidiaries other than the property or assets securing the
Indebtedness being refinanced and that the principal amount of such Indebtedness does not exceed the principal amount of the Indebtedness being refinanced; (iv) Permitted Liens; and (v) Liens created in substitution of or as replacements
for any Liens permitted by the preceding clauses (i) through (iv), provided that, based on a good faith determination of an officer of the Company, the property or asset encumbered under any such substitute or replacement Lien is substantially
similar in nature to the property or asset encumbered by the otherwise permitted Lien which is being replaced. 

Notwithstanding the foregoing, the Company and any Subsidiary of the Company may, without securing the Debentures, create,
incur or permit to exist Liens which would otherwise be subject to the restrictions set forth in the preceding paragraph, if after giving effect thereto and at the time of determination, Exempted Debt does not exceed the greater of (i) 10% of
Consolidated Net Tangible Assets or (ii) $350,000,000. 







 Section 4.8 Limitation on Sale and Lease-Back Transactions. 

The Company shall not, nor shall it permit any of its Subsidiaries to, enter into any sale and lease-back transaction for the
sale and leasing back of any property or asset, whether now owned or hereafter acquired, of the Company or any of its Subsidiaries (except such transactions (i) entered into prior to the Closing Date or (ii) for the sale and leasing back
of any property or asset by a Subsidiary of the Company to the Company or (iii) involving leases for less than three years or (iv) in which the lease for the property or asset is entered into within 120 days after the later of the date of
acquisition, completion of construction or commencement of full operations of such property or asset) unless (a) the Company or such Subsidiary would be entitled under Section 4.7 to create, incur or permit to exist a Lien on the assets to
be leased in an amount at least equal to the Attributable Liens in respect of such transaction without equally and ratably securing the Debentures or (b) the proceeds of the sale of the assets to be leased are at least equal to their fair
market value and the proceeds are applied to the purchase or acquisition (or in the case of real property, the construction) of assets or to the repayment of Indebtedness of the Company or a Subsidiary of the Company which by its terms matures not
earlier than one year after the date of such repayment.” 
 4. In addition to the Events of Default set forth in
Section 6.1 of the Indenture, the Debentures shall include the following additional Event of Default, which shall be deemed an Event of Default under Section 6.1(g) of the Indenture: 

“acceleration of $150,000,000 or more, individually or in the aggregate, in principal amount of Indebtedness of the
Company under the terms of the instrument under which such Indebtedness is issued or secured, except as a result of compliance with applicable laws, orders or decrees, if such Indebtedness shall not have been discharged or such acceleration is not
annulled within 10 days after written notice.” 
 5. In addition to the definitions set forth in Article I of the
Indenture, the Debentures shall include the following additional definitions, which, in the event of a conflict with the definition of terms in the Indenture, shall control: 

“Attributable Liens” means in connection with a sale and lease-back transaction the lesser of (a) the fair
market value of the assets subject to such transaction and (b) the present value (discounted at a rate per annum equal to the average interest borne by all outstanding Securities issued under the Indenture determined on a weighted average basis
and compounded semi-annually) of the obligations of the lessee for rental payments during the term of the related lease. 

“Bank Credit Agreement” means the Credit Agreement dated as of April 8, 1997 among the Company, The Vons
Companies, Inc. and Canada Safeway Limited, as borrowers, Bankers Trust Company, as administrative agent, The Chase Manhattan Bank, as syndication agent, The Bank of Nova Scotia and Bank of America National Trust and Savings Association, as
documentation agents, and the other lenders which are parties thereto, as amended and as such agreement may be amended (including any amendment, restatement and successors thereof), supplemented or otherwise modified from time to time, including any
increase in the principal amount of the obligations thereunder. 

  
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 “Capital Lease” means any Indebtedness represented by a lease
obligation of a person incurred with respect to real property or equipment acquired or leased by such person and used in its business that is required to be recorded as a capital lease in accordance with GAAP. 

“Consolidated Net Tangible Assets” means the total amount of assets of the Company and its Subsidiaries (less
applicable depreciation, amortization and other valuation reserves) after deducting therefrom (i) all current liabilities of the Company and its Subsidiaries and (ii) all goodwill, trade names, trademarks, patents, unamortized debt
discount and expenses and other like intangibles, determined on a consolidated basis in accordance with GAAP. 

“Currency Agreement” means any foreign exchange contract, currency swap agreement or other similar agreement or
arrangement designed to protect the Company or any of its Subsidiaries against fluctuations in currency values. 

“Exempted Debt” means the sum of the following as of the date of determination: (i) Indebtedness of the Company
incurred after the Closing Date and secured by Liens not otherwise permitted by the first sentence under Section 4.7, and (ii) Attributable Liens of the Company and its Subsidiaries in respect of sale and lease-back transactions entered
into after the Closing Date, other than sale and lease-back transactions permitted by the limitation on sale and lease-back transactions set forth under Section 4.8. For purposes of determining whether or not a sale and lease-back transaction
is “permitted” by Section 4.8, the last paragraph under Section 4.7 (creating an exception for Exempted Debt) will be disregarded. 

“Indebtedness” of any person means, without duplication, any indebtedness, whether or not contingent, in respect of
borrowed money or evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements with respect thereto) or representing the balance deferred and unpaid of the purchase price of any property (including
pursuant to Capital Leases), except any such balance that constitutes an accrued expense or trade payable, if and to the extent any of the foregoing indebtedness would appear as a liability upon a balance sheet of such person prepared on a
consolidated basis in accordance with GAAP (but does not include contingent liabilities which appear only in a footnote to a balance sheet), and shall also include, to the extent not otherwise included, the guaranty of items which would be included
within this definition. 
 “Interest Swap Obligations” means the obligations of any person pursuant to any interest
rate swap agreement, interest rate collar agreement or other similar agreement or arrangement designed to protect such person or any of its Subsidiaries against fluctuations in interest rates. 

“Joint Venture” means a joint venture, partnership or other similar arrangement, whether in corporate, partnership or
other legal form; provided that, as to any such arrangement in corporate form, such corporation shall not, as to any person of which such corporation is a Subsidiary, be considered to be a Joint Venture to which such person is a party. 

“Lien” means any lien, security interest, charge or encumbrance of any kind (including any conditional sale or other
title retention agreement, any lease in the nature thereof, and any agreement to give any security interest). 

  
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 “Permitted Liens” means (i) Liens securing Indebtedness of the
Company under the Bank Credit Agreement and any initial or subsequent renewal, extension, refinancing, replacement or refunding thereof; (ii) Liens on accounts receivable, merchandise inventory, equipment, and patents, trademarks, trade names
and other intangibles, securing Indebtedness of the Company; (iii) Liens on any asset of the Company, any Subsidiary of the Company, or any Joint Venture to which the Company or any of its Subsidiaries is a party, created solely to secure
obligations incurred to finance the refurbishment, improvement or construction of such asset, which obligations are incurred no later than 24 months after completion of such refurbishment, improvement or construction, and all renewals, extensions,
refinancings, replacements or refundings of such obligations; (iv)(a) Liens given to secure the payment of the purchase price incurred in connection with the acquisition (including acquisition through merger or consolidation) of property (including
shares of stock), including Capital Lease transactions in connection with any such acquisition, and (b) Liens existing on property at the time of acquisition thereof or at the time of acquisition by the Company or a Subsidiary of the Company of
any person then owning such property whether or not such existing Liens were given to secure the payment of the purchase price of the property to which they attach; provided that, with respect to clause (a), the Liens shall be given within 24 months
after such acquisition and shall attach solely to the property acquired or purchased and any improvements then or thereafter placed thereon; (v) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of
customs duties in connection with the importation of goods; (vi) Liens upon specific items of inventory or other goods and proceeds of any person securing such person’s obligations in respect of bankers’ acceptances issued or created
for the account of such person to facilitate the purchase, shipment or storage of such inventory or other goods; (vii) Liens securing reimbursement obligations with respect to letters of credit that encumber documents and other property
relating to such letters of credit and the products and proceeds thereof; (viii) Liens on key-man life insurance policies granted to secure Indebtedness of the Company against the cash surrender value thereof; (ix) Liens encumbering
customary initial deposits and margin deposits and other Liens in the ordinary course of business, in each case securing Indebtedness of the Company under Interest Swap Obligations and Currency Agreements and forward contract, option, futures
contracts, futures options or similar agreements or arrangements designed to protect the Company or any of its Subsidiaries from fluctuations in interest rates, currencies or the price of commodities; (x) Liens arising out of conditional sale,
title retention, consignment or similar arrangements for the sale of goods entered into by the Company or any of its Subsidiaries in the ordinary course of business; and (xi) Liens in favor of the Company or any Subsidiary of the Company. 

6. Each of the undersigned is authorized to approve the form, terms and conditions of the Debentures pursuant to the
Resolutions. 
 7. Attached hereto as Annex B is a true and correct copy of the Resolutions. 

8. The Debentures shall be issued as Global Securities (subject to exchange for definitive certificated Debentures under the
circumstances provided in the Indenture) and The Depository Trust Company shall be Depository for the Debentures. 
 9.
Attached hereto as Annex C are true and correct copies of the letter addressed to the Trustee entitling the Trustee to rely on the Opinion of Counsel attached thereto, which Opinion relates to the Debentures and complies with Section 10.4(b) of
the Indenture. 

  
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 10. Each of the undersigned has reviewed the provisions of the Indenture,
including the covenants and conditions precedent pertaining to the issuance of the Debentures. 
 11. In connection with this
certificate each of the undersigned has examined documents, corporate records and certificates and has spoken with other officers of the Company. 

12. Each of the undersigned has made such examination and investigation as is necessary to enable the undersigned to express an
informed opinion as to whether or not the covenants and conditions precedent of the Indenture pertaining to the issuance of the Debentures have been satisfied. 

13. In our opinion all of the covenants and conditions precedent provided for in the Indenture for the issuance of the
Debentures have been satisfied. 
 Capitalized terms used herein that are not otherwise defined shall have the meanings ascribed thereto in
the Indenture or the Debentures, as the case may be. 

  
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 IN WITNESS WHEREOF, each of the undersigned officers has executed this certificate this 31st day
of January, 2001. 
  

			
	 /s/ Vasant M. Prabhu

	Name:	 	Vasant M. Prabhu
	Title:	 	Executive Vice President and Chief Financial Officer
	
	 /s/ Melissa C. Plaisance

	Name:	 	Melissa C. Plaisance
	Title:	 	Senior Vice President - Finance and Investor Relations









 Annex A 

THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY,
A NEW YORK CORPORATION (THE “DEPOSITARY”), OR A NOMINEE THEREOF. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE
INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR
DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE
COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY (AND ANY
PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE
REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 SAFEWAY INC. 

7.25% Debenture Due 2031 
  

			
	No. S-            	  	$        ,000,000
		
		  	CUSIP No. 786514 BA6

 SAFEWAY INC., a Delaware corporation (the “Company,” which term includes any successor corporation
under the Indenture hereinafter referred to), for value received promises to pay to 
  

					
		 	CEDE & CO.	 	, or registered assigns,
			
	the principal sum of	 		 	DOLLARS

 on February 1, 2031, and to pay interest thereon from January 31, 2001, or the most recent interest payment date to
which interest has been paid or provided for, as the case may be, payable on February 1 and August 1 of each year, commencing August 1, 2001, at the rate of 7.25% per annum, until the principal hereof is paid or made available
for payment, and (to the extent that the payment of such interest is permitted by law) to pay interest at the rate per annum borne by this Security on any overdue principal and on any overdue installment of interest until paid. The interest so
payable, and punctually paid or duly provided for, on any interest payment date will 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 January 15 or July 15 (whether or not a Business Day), as the case may be, next preceding such interest payment date. Any such interest not so punctually paid or duly provided for will


  
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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 Company, notice whereof shall be given to the Trustee and the Holders not less than 10 days prior to such special record date, or be paid at
any time in any other lawful manner. Interest on the Securities shall be computed on the basis of a 360-day year of twelve 30-day months. 

Principal of and interest on the Securities will be payable 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, the transfer of the Securities will be registrable, the Securities may be presented for exchange, and notices and demands to or upon the Company in respect of this Security and the Indenture
may be served, at the office or agency of the Company maintained for such purpose (which initially will be the Corporate Trust Office of the Trustee located at 101 Barclay Street, Floor 21W, New York, New York 10286, Attention: Corporate Trust
Administration); provided that, unless all of the outstanding Securities are Global Securities, the Company will at all times maintain an office or agency for such purposes in the Borough of Manhattan, The City of New York; and provided, further,
that, except as provided in the next sentence, payment of interest may, at the option of the Company, be made by check mailed to the address of the person entitled thereto. If this Security is a Global Security, the interest payable on this Security
will be paid to Cede & Co., the nominee of the Depositary, or its registered assigns as the registered owner of this Security, by wire transfer of immediately available funds on each of the applicable interest payment dates. 

Reference is hereby made to the further provisions of this Security 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 by manual signature, this
Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose. 

  
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 IN WITNESS WHEREOF, the Company has caused this Security to be signed manually or by facsimile by
its duly authorized officers and a facsimile of its corporate seal to be affixed hereto or imprinted hereon. 
 Date: 

 

					
	SAFEWAY INC.	 		 	
	BY	 		 	BY
			
	SENIOR VICE PRESIDENT	 		 	SENIOR VICE PRESIDENT
			
	TRUSTEE’S CERTIFICATE OF AUTHENTICATION	 		 	
	This is one of the 7.25% Debentures due February 1, 2031 described in the within-mentioned Indenture.	 		 	
			
	THE BANK OF NEW YORK	 		 	
	BY	 		 	
			
	AUTHORIZED SIGNATORY	 		 	


  
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 SAFEWAY INC. 

7.25% Debenture Due 2031 
  

	1.	General. 

 This Security is one of a duly authorized series of securities of the Company issued
and to be issued under an Indenture, dated as of September 10, 1997, as amended, modified or supplemented from time to time (the “Indenture”), between the Company and The Bank of New York, as Trustee (the “Trustee”, which
term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made 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, limited (except as otherwise
provided in the Indenture) in aggregate principal amount to $600,000,000 (herein called the “Securities”). All terms used but not defined in this Security shall have the meanings assigned to them in the Indenture. 

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 principal of and interest on this Security at the times, places and rate, and in the coin or currency, herein prescribed. 
  


	2.	Indenture. 

 The terms of the Securities include those stated in the Indenture and those made
part of the Indenture by the Officers’ Certificate dated January 31, 2001 delivered pursuant thereto and the TIA. The Securities are subject to all such terms, and the Securityholders are referred to the Indenture and said Act for a
statement of them. 
  

	3.	Sinking Fund. 

 The Securities are not subject to any sinking fund and the Securities are not
subject to redemption or repurchase by the Company at the option of the Holders. 
  

	4.	Redemption. 

 The Securities are redeemable, in whole or in part, at the option of the Company
at any time at a redemption price equal to the greater of (i) 100% of the principal amount of the Securities to be redeemed; or (ii) as determined by an Independent Investment Banker, the sum of the present values of the remaining
scheduled payments of principal and interest thereon (not including any portion of such payments of interest accrued as of the date of redemption) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve
30-day months) at the Adjusted Treasury Rate, plus 25 basis points, plus, in each case, accrued and unpaid interest thereon to the date of redemption. 

“Adjusted Treasury Rate” means, with respect to any redemption date: (i) the yield, under the heading which represents the average
for the immediately preceding week, appearing in the most recently published statistical release designated “H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and
which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue (if no maturity
is within three months before or after the Remaining Life of the Securities, yields for the two published maturities most closely corresponding to the Comparable Treasury Issue shall be determined and the Adjusted Treasury Rate shall be interpolated
or extrapolated from such yields on a straight line basis, rounding to the nearest month); or (ii) if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the
rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury
Price for such redemption date. The Adjusted Treasury Rate shall be calculated on the third Business Day preceding the redemption date. 

  
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 “Comparable Treasury Issue” means the United States Treasury security selected by an
Independent Investment Banker as having a maturity comparable to the remaining term of the Securities that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt
securities of comparable maturity to the remaining term of such Securities (“Remaining Life”). 
 “Comparable Treasury
Price” means (1) the average of five Reference Treasury Dealer Quotations for the applicable redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker
obtains fewer than five such Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Independent Investment
Banker” means one of the Reference Treasury Dealers appointed by the Trustee after consultation with the Company. 
 “Reference
Treasury Dealer” means (i) each of Chase Securities Inc. and Salomon Smith Barney Inc. and their respective successors; provided, however, that if either of the foregoing shall cease to be a primary U.S. Government securities dealer in New
York City (a “Primary Treasury Dealer”), the Company shall substitute therefor another Primary Treasury Dealer and (ii) any other Primary Treasury Dealer selected by the Trustee after consultation with the Company. 

“Reference Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date for the
Securities, the average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent
Investment Banker by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding such redemption date. 

Notice of any redemption will be mailed at least 30 days but not more than 60 days before the redemption date to each Holder of the Securities
to be redeemed. 
  

	5.	Denominations; Transfer; Exchange. 

 This Security is issuable only in registered form without
coupons in minimum denominations of U.S. $1,000 and integral multiples thereof. 
 As provided in the Indenture and subject to certain
limitations therein and herein set forth, the transfer, or the exchange for an equal principal amount, of this Security is registrable with the Registrar upon surrender of this Security for registration of transfer at the office or agency of the
Registrar. 
 No service charge shall be made for any such registration of transfer or exchange, but the Company may, subject to certain
exceptions, require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 
  

	6.	Persons Deemed Owners. 

 Prior to due presentment of this Security for registration of transfer,
the Company, the Trustee and any agent of the Company or the Trustee may treat the Holder in whose name this Security is registered as the owner thereof 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. 
  

	7.	Unclaimed Money. 

 The Trustee and any Paying Agent shall pay to the Company upon request any
money held by them for the payment of principal and interest that remains unclaimed for two years. After that, 

  
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Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person. 

 

	8.	Defeasance Prior to Maturity. 

 The Indenture contains provisions for defeasance of (i) the
entire indebtedness of the Securities or (ii) certain covenants and Events of Default with respect to the Securities, in each case upon compliance with certain conditions set forth therein. 

 

	9.	Amendment; Supplement; Waiver. 

 Subject to certain limitations described in the Indenture, the
Indenture permits the Company and the Trustee to enter into a supplemental indenture with the written consent of the Holders of at least a majority in principal amount of the outstanding Securities (including consents obtained in connection with a
tender offer or exchange offer for the Securities), for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of any supplemental indenture or modifying in any manner the rights of
the Securityholders. Subject to certain limitations described in the Indenture, the Holders of at least a majority in principal amount of the outstanding Securities by notice to the Trustee (including consents obtained in connection with a tender
offer or exchange offer for the Securities) may waive compliance by the Company with any provision of the Indenture or the Securities. 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. 

 

	10.	Restrictive Covenants. 

 The Indenture imposes certain limitations on the Company’s and its
Subsidiaries’ ability to create or incur certain Liens on any of their respective properties or assets and to enter into certain sale and lease-back transactions and on the Company’s ability to engage in mergers or consolidations or the
conveyance, transfer or lease of all or substantially all of its properties and assets. These limitations are subject to a number of important qualifications and exceptions and reference is made to the Indenture for a description thereof. 

 

	11.	Defaults and Remedies. 

 If an Event of Default shall occur and be continuing, the principal of
the Securities may be declared (or, in certain cases, shall ipso facto become) due and payable in the manner and with the effect provided in the Indenture. 
  

	12.	Proceedings. 

 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, judicial or otherwise, with respect to the Indenture or for the appointment of a receiver or trustee, or for any other remedy under the Indenture, unless such Holder shall have
previously given the Trustee written notice of a continuing Event of Default with respect to the Securities and unless also the Holders of at least a majority in principal amount of the Securities at the time outstanding shall have made written
request, and offered reasonable indemnity, to the Trustee to institute such proceedings as trustee, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities at the time outstanding a direction
inconsistent with such request, and shall have failed to institute such proceeding, within 60 days. The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of the principal hereof or any
interest hereon on or after the respective due dates expressed herein. 
  

	13.	Trustee Dealings with Company. 

 The Trustee under the Indenture, in its individual or any other
capacity, may deal with the Company or an Affiliate of the Company with the same rights it would have if it were not Trustee. 

  
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	14.	No Recourse Against Others. 

 A past, present or future director, officer, employee, shareholder
or incorporator, as such, of the Company or any successor corporation shall not have any liability for any obligations of the Company under this Security or the Indenture or for any claim based on, in respect of, or by reason of such obligations or
their creation. Each Securityholder by accepting a Security waives and releases all such liability. The waiver and release are part of the consideration of issuance of the Securities. 

 

	15.	Governing Law. 

 The internal laws of the State of New York shall govern the Indenture and the
Securities. 

  
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 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this Security, shall be construed as though they were written out in
full according to applicable laws or regulations: 
  

															
	TEN COM	 	-	 	as tenants in common	 		 	UNIF GIFT MIN ACT -	 	  
	 	Custodian	 	  

	TEN ENT	 	-	 	as tenants by the entireties	 		 		 	   (Cust)   	 		 	  (Minor)  
	JT TEN	 	-	 	as joint tenants with right of survivorship and not as tenants in common	 		 	 under Uniform Gifts to Minors

Act                        
                         
	 		 	
		 		 		 		 	(State)	 		 	

 Additional abbreviations may also be used though not in the above list. 

 
  

ASSIGNMENT 
 FOR VALUE RECEIVED, the undersigned
hereby sell(s), assign(s) and transfer(s) unto 
  

	
	 PLEASE INSERT SOCIAL SECURITY OR

OTHER                

	IDENTIFYING NUMBER OF ASSIGNEE

  
  

 
 (Please print or typewrite name and
address including postal 
 zip code of assignee) 
  

 
  

this Security and all rights thereunder hereby irrevocably constituting and appointing
                                        ,
Attorney, to transfer this Security on the books of the Trustee, with full power of substitution in the premises. 
  

									
	Dated:	 	  
	 		 	  

				
		 		 		 	  

		 		 		 	Notice: The signature(s) on this Assignment must correspond with the name(s) as written upon the face of this Security in every particular, without alteration or enlargement or any change whatsoever.


  
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