EX-4.5



 Exhibit 4.5 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (“DTC”), TO THE COMPANY OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF                     , OR SUCH OTHER
NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO                     , OR TO SUCH OTHER ENTITY AS IS REQUESTED
BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER
HEREOF,                , HAS AN INTEREST HEREIN. 
 THIS
GLOBAL SECURITY IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT
(I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 9.05 OF THE INDENTURE, (II) THIS GLOBAL SECURITY MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.07 OF THE INDENTURE,
(III) THIS GLOBAL SECURITY MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.12 OF THE INDENTURE AND (IV) THIS GLOBAL SECURITY MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF
THE COMPANY (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY). 
 QUALCOMM INCORPORATED 

FLOATING RATE NOTES DUE 2023 
 No. R- 
 $500,000,000 

ISIN US747525AS26 
 CUSIP 747525 AS2

 QUALCOMM INCORPORATED, 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 referred to on the reverse hereof), for value received, hereby promises to pay
to                     or registered assigns, the principal sum as set forth in the attached Schedule of Increases and Decreases, at the office or
agency of the Company in the Borough of Manhattan, The City and State of New York, or any other office or agency designated by the Company for that purpose, on January 30, 2023, in such coin or currency of the United States as at the time of
payment shall be 







 
legal tender for the payment of public and private debts, and to pay interest quarterly in arrears on January 30, April 30, July 30 and October 30 of each year, and on the
maturity date, commencing on July 30, 2017, on said principal sum at said office or agency, in like coin or currency, at the floating rate of interest described on the Reverse of this Security. Interest on this Security will accrue from the
most recent date from which interest has been paid, or if no interest has been paid, from May 26, 2017 until payment of said principal sum has been made or duly provided for. The interest so payable on January 30, April 30,
July 30 and October 30 of each year, commencing on July 30, 2017 will, subject to certain exceptions provided in the Indenture referred to on the reverse hereof, be paid to the person in whose name this Security is registered at the
close of business on the January 1, April 1, July 1 or October 1, preceding such January 30, April 30, July 30 and October 30, respectively, unless the Company shall default in the payment of interest due on
such interest payment date, in which case such defaulted interest, at the option of the Company, may be paid to the person in whose name this Security is registered at the close of business on a special record date for the payment of such defaulted
interest established by notice to the registered holder of this Security not less than 30 days preceding such special record date or may be paid in any other lawful manner. 

The term ‘‘business day’’ means any day, other than a Saturday or Sunday, which is not a day on which banking institutions
in the City of New York are authorized or required by law or executive order to close. 
 Reference is made to the further provisions of
this Security set forth on the reverse hereof. Such further provisions shall for all purposes have the same effect as though fully set forth at this place. 

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

[Signature page follows] 







 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed and delivered.

 Dated: 
  

			
	 QUALCOMM Incorporated

		
	 By:
	 	  

	 Name:
	 	 George S. Davis

	Title:	 	Executive Vice President and Chief Financial Officer


 Signature Page to Floating Rate Notes due 2023 (R-1) 







 This is one of the securities designated therein referred to in the within mentioned Indenture. 

Dated: 
  

			
	U.S. Bank National Association, as Trustee and Authenticating Agent
		
	 By:
	 	  

		 	 Authorized Signatory



 Signature Page to Floating Rate Notes due 2023 (R-1) 







 REVERSE OF SECURITY 

1. Securities. 
 This security (herein called the
“Security”), is one of a duly authorized issue of securities of the Company issued and to be issued in one or more series, pursuant to the Indenture dated as of May 20, 2015 (the “Indenture”) between the Company and U.S.
Bank National Association, 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 and of the terms upon which this Security is, and is to be, authenticated and delivered. This Security is one of the series designated on the face hereof as
“Floating Rate Notes due 2023,” issued in an initial aggregate principal amount of $500,000,000. This Security will be issued only in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. All terms used in
this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture. 
 2. This Security is subject to the covenants
contained in the Indenture and certain additional covenants contained in the Officers’ Certificate dated May 26, 2017. 
 3. No Sinking Fund 

This Security will not be entitled to the benefit of any sinking fund. 

4. Optional Redemption 
 There will be no
optional redemption prior to maturity for this Security. 
 5. Interest 

This Security will bear interest for each interest period at a rate determined by the calculation agent on the interest determination date for
such interest period. The calculation agent will be U.S. Bank National Association until such time as the Company appoints a successor calculation agent. The interest rate for a particular interest period will be a per annum rate equal to
three-month LIBOR as determined on the interest determination date plus 0.730%. The interest determination date for an interest period will be the second London business day preceding the first day of such interest period. The initial interest
period for this Security will be the period from and including the original issue date to but excluding the initial interest payment date. Promptly upon determination, the calculation agent will inform the trustee and the Company of the interest
rate for the next interest period. Absent manifest error, the determination of the interest rates for this Security by the calculation agent shall be binding and conclusive on the holders of such Security, the trustee and us. A London business day
is a day on which dealings in deposits in U.S. dollars are transacted in the London interbank market. 







 On any interest determination date, LIBOR will be equal to the offered rate for deposits in U.S.
dollars having an index maturity of three months, in amounts of at least $1,000,000, as such rate appears on “Reuters Page LIBOR01” at approximately 11:00 a.m., London time, on such interest determination date. If on an interest
determination date, such rate does not appear on the “Reuters Page LIBOR01” as of 11:00 a.m., London time, or if the “Reuters Page LIBOR01” is not available on such date, the calculation agent will obtain such rate from Bloomberg
L.P.’s page “BBAM.” 
 If no offered rate appears on “Reuters Page LIBOR01” or Bloomberg L.P.’s page
“BBAM” on an interest determination date at approximately 11:00 a.m., London time, then the Company will select four major banks in the London interbank market and shall request each of their principal London offices to provide a quotation
of the rate at which three-month deposits in U.S. dollars in amounts of at least $1,000,000 are offered by it to prime banks in the London interbank market, on that date and at that time, that is representative of single transactions at that time.
If at least two quotations are provided, LIBOR will be the arithmetic average of the quotations provided. Otherwise, the Company will select three major banks in New York City and shall request each of them to provide a quotation of the rate offered
by them at approximately 11:00 a.m., New York City time, on the interest determination date for loans in U.S. dollars to leading European banks having an index maturity of three months for the applicable interest period in an amount of at least
$1,000,000 that is representative of single transactions at that time. If three quotations are provided, LIBOR will be the arithmetic average of the quotations provided. Otherwise, the rate of LIBOR for the next interest period will be set equal to
the rate of LIBOR for the then current interest period. 
 All percentages resulting from any calculation of any interest rate for this
Security will be rounded, if necessary, to the nearest one hundred thousandth of a percentage point, with five one-millionths of a percentage point rounded upward (e.g., 3.876545% (or .03876545) would be
rounded to 3.87655% (or .0387655)), and all dollar amounts will be rounded to the nearest cent, with one-half cent being rounded upward. 

The interest rate on this Security will in no event be higher than the maximum rate permitted by New York law as the same may be modified by
United States law of general application. 
 Upon request from any Holder, the calculation agent will provide the interest rate in effect on
the Security, for the current interest period and, if it has been determined, the interest rate to be in effect for the next interest period. 

Interest on this Security will be paid to but excluding the relevant interest payment date. Interest on this Security will be computed on the
basis of the actual number of days in an interest period and a 360-day year. 
 If an interest
payment date for this Security falls on a day that is not a business day, the interest payment date will be made on the next succeeding business day unless such next succeeding business day would be in the following month, in which case, the
interest payment date shall be the immediately preceding business day. 







 6. Acceleration Upon Event of Default. 

The Events of Default for this Security are as specified in the Indenture. 

7. Amendment and Modification. 
 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 under the Indenture at any time by the Company and the Trustee with the
consent of the Holders of not less than a majority in principal amount of outstanding securities of any series and affected by such modification or amendment (including consents obtained in connection with a purchase of, or tender offer or exchange
offer for, such securities). 
 8. No Impairment of Obligation to Pay or Right to Convert. 

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, premium, if any, and interest on this Security at the times, places and rate, and in the coin or currency, herein prescribed or to convert this Security as provided in the Indenture. 

9. Transfer and Exchange. 
 As provided in the
Indenture and subject to certain limitations set forth therein, this Security shall be transferable only upon the surrender of a Security for registration of transfer. When a Security is presented to the Registrar with a request to register a
transfer, the Registrar will register the transfer as requested if the requirements of the Indenture are satisfied. When this Security is presented to the Registrar with a request to exchange them for an equal principal amount of securities of other
denominations, the Registrar shall make the exchange as requested if the requirements of the Indenture are met. To permit registration of transfers and exchanges, the Company will execute and the Trustee will authenticate securities at the
Registrar’s request. 
 10. No Service Charge. 

No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment by the Holder of a sum
sufficient to pay all taxes, assessments or other governmental charges in connection therewith. 
 11. Treatment as Owner. 

The registered holder of this Security will be treated as the owner of it for all purposes. 

12. Payment of Interest. 
 The Company shall pay
the principal of and interest on this Security in immediately available funds to                      or its respective nominees, as the case may be,
as the registered holder of this Security. 







 13. No Liability. 

No past, present or future director, officer, employee, incorporator or stockholder of the Company, as such, shall have any liability (except
in the case of bad faith or willful misconduct) 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 Holder by accepting this
Security waives and releases all such liability. Such waiver and release are part of the consideration for the issuance of this Security. 
 14. Governing
Law. 
 THE INDENTURE AND THIS SECURITY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 







 SCHEDULE OF INCREASES OR DECREASES 

The initial principal amount of this Global Security is $500,000,000. The following increases or decreases in this Global Security have been made: 

 

									
	 Date of
 Exchange
	  	 Amount of

decrease in
Principal Amount

of this Global

Security
	  	 Amount of

increase in

Principal
 Amount of
this
 Global Security
	  	 Principal

amount of this

Global Security

following such

decrease or

increase
	  	 Signature of

authorized

signatory of

Trustee or

Securities

Custodian