Exhibit 4.2


 


Global Security


 


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 GLOBAL
SECURITY MAY NOT BE EXCHANGED, IN WHOLE OR IN PART, FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS GLOBAL SECURITY
IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN THE DEPOSITARY OR A NOMINEE THEREOF,
EXCEPT IN THE LIMITED CIRCUMSTANCES SET FORTH IN THE INDENTURE.


 


UNLESS THIS CERTIFICATE IS PRESENTED BY AN
AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR
PAYMENT, AND ANY CERTIFICATE ISSUED IN EXCHANGE FOR THIS CERTIFICATE OR ANY PORTION HEREOF IS REGISTERED IN THE NAME OF CEDE &
CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (AND ANY PAYMENT IS MADE
TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY),
ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON OTHER THAN THE DEPOSITORY TRUST COMPANY OR
A NOMINEE THEREOF IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.


 


BEMIS COMPANY, INC.


 


2.630% GUARANTEED SENIOR NOTE DUE 2030


 


	CUSIP 081437AT2	     No. 1
	 	 
	ISIN US081437AT26	     US$500,000,000




 


BEMIS COMPANY, INC., a corporation organized
under the laws of Missouri (the “Issuer,” which term includes any successor Person under the Indenture hereinafter
referred to), for value received, hereby promises to pay to Cede & Co., or its registered assigns, on June 19, 2030
(the “Stated Maturity”) the Initial Principal Amount specified on Schedule A hereto (such Initial Principal Amount,
as it may from time to time be adjusted by endorsement on Schedule A hereto, is hereinafter referred to as the “Principal
Amount”), or such other principal amount (which, when taken together with the principal amounts of all other Outstanding
Securities, shall initially equal US$500,000,000 in the aggregate) as may be set forth in the records of the Trustee hereinafter
referred to in accordance with the Indenture and to pay interest thereon from June 19, 2020 or from the most recent Interest
Payment Date to which interest has been paid or duly provided for, semi-annually on June 19 and December 19 in each year,
commencing December 19, 2020, at the rate of 2.630% per annum (computed on the basis of a 360-day year consisting of twelve
30-day months), until the Principal Amount hereof is paid or made available for payment. 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 day that is 15 calendar days prior to each such Interest Payment Date (whether or not a Business Day).
Any such interest not so 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 ten (10) days prior to such Special Record Date,
or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in
said Indenture.


 






     


     


    

 


Payment of the principal of (and premium,
if any) and interest on this Security will be made at the office or agency of the Issuer or Paying Agent maintained for that purpose
in the Borough of Manhattan, The City of 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; provided, however, that at the option of the Issuer
payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the
Security Register; and provided, further, that notwithstanding the foregoing, payments of any interest on the Securities
(other than at Maturity) may be made, in the case of a Holder of at least US$10,000,000 Principal Amount of Securities, by electronic
funds transfer of immediately available funds to a United States dollar account maintained by the payee with a bank, provided
that such registered Holder shall have provided the Trustee written wire instructions at least fifteen (15) calendar days prior
to the applicable Interest Payment Date. Unless such designation is revoked by written notice to the Issuer or a Paying Agent,
any such designation made by such Holder with respect to such Securities will remain in effect with respect to any future payments
with respect to such Securities payable to such Holder. The Issuer will pay any administrative costs imposed by banks in connection
with making payments by electronic funds transfer.


 


In certain circumstances, Additional Amounts
will be payable in respect of this Security in accordance with terms of the Indenture. Whenever in this Security there is mentioned,
in any context, any payments on this Security such mention shall be deemed to include mention of the payment of Additional Amounts
to the extent that, in such context, Additional Amounts are, were or would be payable and express mention of the payment of Additional
Amounts in any provisions hereof shall not be construed as excluding Additional Amounts in those provisions hereof where such express
mention is not made.


 


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.


 


This Security shall be entitled to the benefits
under the Indenture and be valid or obligatory for any purpose, unless the Securities have not been signed by the Issuer or the
certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature.


 


[Remainder of page left intentionally
blank.]


 






     


     


    

 


IN WITNESS WHEREOF, the Issuer has caused
this instrument to be duly executed.


 


Dated:


 


	The foregoing agreement is
    hereby	  )
	confirmed and accepted as of
    the	  )
	date first above written:	  )
	 	  )
	BEMIS COMPANY, INC.	  )
	 	  )
	 	  )
	 	  )  



 


	By:  	 	 )
	Name:	 )
	Title:	 )




    


[Signature
Page to Global Security]


 







     


     


    

 


CERTIFICATE OF AUTHENTICATION


 


This is one of the Securities referred to
in the within-mentioned Indenture.


 


Dated:


 


	 	DEUTSCHE
    BANK TRUST COMPANY AMERICAS, as Trustee
	 	 
	 	  By  	                  
	 	  Authorized
    Signatory




 


[Signature
Page to Global Security]


 






     


     


    

 


REVERSE OF SECURITY


 


This Security is one of a duly authorized
issue of securities of the Issuer (the “Securities”), issued and to be issued in one or more series under an Indenture,
dated as of June 19, 2020 (the “Indenture”), among the Issuer, the Guarantors party thereto and Deutsche Bank
Trust Company Americas, as Trustee, and reference is hereby made to the Indenture for a statement of the respective rights, limitations
of rights, duties and immunities thereunder of the Issuer, the Guarantors, 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; provided, however, that the Issuer may from time to time or at any time, without the consent of the
Holders of the Securities, create and issue additional Securities with terms and conditions identical to those of the Securities
(except for the issue date, the issue price and the first interest payment date), which additional Securities shall increase the
aggregate principal amount of, and shall be consolidated and form a single series with, the Securities; provided that if
such additional Securities are not fungible with the Securities for U.S. federal income tax purposes, such additional Securities
will have a different CUSIP number from the Securities.


 


This Security is an unsecured obligation of
the Issuer and ranks in right of payment on parity with all other unsecured and unsubordinated indebtedness of the Issuer (and
without any preference among themselves) and the Guarantees are unsecured obligations of the Guarantors and will rank on a parity
with all other unsecured and unsubordinated indebtedness of the Guarantors, except, in each case, for indebtedness mandatorily
preferred by law.


 


The Securities of this series are subject
to redemption at the option of the Issuer on any date prior to March 19, 2030 (any such date, a “Make-Whole Redemption
Date”), in whole or from time to time in part, at a redemption price equal to the greater of (1) 100% of the principal
amount of the Securities being redeemed and (2) the Make-Whole Amount for the Securities being redeemed, plus, in either case,
accrued and unpaid interest to such Make-Whole Redemption Date, all as provided in the Indenture. Notwithstanding the foregoing,
installments of interest on Securities that are due and payable on Interest Payment Dates falling on or prior to a Make-Whole Redemption
Date will be payable on the Interest Payment Date in accordance with their terms and in accordance with the provisions of the Indenture.


 


For the purposes of this Security:


 


“Adjusted Treasury Rate” means,
with respect to any Make-Whole Redemption Date, (a) 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
term of the Securities being redeemed, 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 (b) 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, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal
amount) equal to the Comparable Treasury Price for such Make-Whole Redemption Date, in each case calculated on the third Business
Day preceding the Make-Whole Redemption Date.


 






     


     


    

 


“Applicable Margin” means 0.300%.


 


“Comparable Treasury Issue” means
the United States Treasury security selected by the Quotation Agent as having a maturity comparable to the remaining term from
the Make-Whole Redemption Date to the maturity date of the Securities to be redeemed 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 the Securities.


 


“Comparable Treasury Price” means,
with respect to any Make-Whole Redemption Date, if clause (b) of the Adjusted Treasury Rate is applicable, (i) the average
of five Reference Treasury Dealer Quotations for such Make-Whole Redemption Date, after excluding the highest and lowest such Reference
Treasury Dealer Quotations, or (ii) if the Quotation Agent obtains fewer than five such Reference Treasury Dealer Quotations,
the average of all such quotations, provided that in no event may the Quotation Agent use fewer than three such quotations.


 


“Make-Whole Amount” means the
sum, as determined by a Quotation Agent, of (a) the present value of the principal amount of the Securities to be redeemed
and (b) the present value of the Remaining Scheduled Payments of interest thereon (not including any portions of such payments
of interest accrued to the Make-Whole Redemption Date), from the Make-Whole Redemption Date to the Stated Maturity of the Securities
being redeemed, in each case discounted to the Make-Whole Redemption Date on a semi-annual basis, assuming a 360-day year consisting
of twelve 30-day months, at the Adjusted Treasury Rate plus the Applicable Margin.


 


“Quotation Agent” means the Reference
Treasury Dealer selected by the Issuer, and notified in writing to the Trustee, to act as “Quotation Agent” for purposes
of this Indenture.


 


“Reference Treasury Dealer” means
(i) any of J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc. or Wells Fargo Securities,
LLC and their respective successors and assigns and (ii) two other nationally recognized investment banking firms selected
by the Issuer that are primary U.S. Government securities dealers in New York City (a “Primary Treasury Dealer”); provided,
however, that if any of J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc. or Wells Fargo Securities,
LLC shall cease to be a Primary Treasury Dealer, the Issuer shall substitute therefor another Primary Treasury Dealer.


 


“Reference Treasury Dealer Quotations”
means, with respect to each Reference Treasury Dealer and any Make-Whole Redemption Date, the average, as determined by the Quotation
Agent, 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 Quotation Agent by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business
Day preceding such Make-Whole Redemption Date.


 






     


     


    

 


“Remaining Scheduled Payments”
means, with respect to each Security to be redeemed, the remaining scheduled payments of the principal thereof and interest thereon
at the then-applicable interest rate that would be due after the related Make-Whole Redemption Date but for such redemption, provided,
however, that, if that Make-Whole Redemption Date is not an Interest Payment Date with respect to such Security, the amount of
the next succeeding scheduled interest payment thereon shall be reduced by the amount of interest accrued thereon to that Make-Whole
Redemption Date.


 


On or after March 19, 2030, the Securities
are subject to redemption at the option of the Issuer on any date (a “Par Call Redemption Date”), in whole or from
time to time in part, at a redemption price equal to 100% of the principal amount of the Securities being redeemed, plus accrued
and unpaid interest to such redemption date, all as provided in the Indenture. Notwithstanding the foregoing, installments of interest
on Securities that are due and payable on Interest Payment Dates falling on or prior to a Par Call Redemption Date will be payable
on the Interest Payment Date in accordance with their terms and in accordance with the provisions of the Indenture.


 


In addition to its ability to redeem this
Security pursuant to the foregoing, this Security may be redeemed by the Issuer on the terms set forth, and as more fully described,
in Section 1108 of the Indenture, in certain circumstances where the Issuer would be required to pay Additional Amounts due
to certain changes in the tax treatment of this Security or the Guarantees.


 


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.


 


Upon the occurrence of any Change of Control
Triggering Event and upon the terms and conditions set forth in Section 1009 of the Indenture, each Holder has the right to
require the Issuer to purchase all or a portion of the Securities of such Holder properly tendered at a purchase price equal to
101% of the principal amount thereof, plus accrued and unpaid interest (if any) to the date of purchase (subject to the right of
holders of record on the relevant record date to receive interest due on the relevant interest payment date).


 


The Indenture contains provisions for defeasance
at any time of the entire indebtedness of the series of which this Security is a part 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.


 


If an Event of Default shall occur and be
continuing, the principal of the Securities may be declared due and payable in the manner and with the effect provided in the Indenture.


 


In any case where the due date for the payment
of the Principal Amount of, or any premium or interest with respect to any Security or the date fixed for redemption of any Security
shall not be a Business Day at a Place of Payment, then payment of the Principal Amount, premium, if any, or interest, including
any Additional Amounts payable in respect thereto need not be made on such date at such Place of Payment 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 date for such payment or
the date fixed for redemption, and no interest shall accrue for the period after such date.


 






     


     


    

 


The Indenture permits, with certain exceptions
as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer and the Guarantors
and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Issuer, the
Guarantors, and the Trustee with the consent of the Holders of a majority in Principal Amount of the Securities at the time Outstanding
of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in Principal
Amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to
waive compliance by the Issuer, the Guarantors, or any of them, with certain provisions of the Indenture and certain past defaults
under the Indenture and their consequences. 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 therefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.


 


The Guarantors that are a party to the Indenture
as at, or subsequent to, the date of authentication of this Security (including any New Guarantors in accordance with Section 1010
of the Indenture and subject to release of any Subsidiary Guarantor(s) in accordance with Section 1302 of the Indenture),
have fully, unconditionally and irrevocably guaranteed, on a joint and several basis, pursuant to the terms of the Guarantees contained
in Article Thirteen of the Indenture, the due and punctual payment of the principal of and any premium and interest on this
Security, any Additional Amounts payable in respect thereof and any other amounts payable by the Issuer under the Indenture, when
and as the same shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption
or otherwise, in accordance with the terms of this Security and the Indenture. The obligations of the Guarantors to the Holder
of this Security and to the Trustee pursuant to the Guarantees and the Indenture are expressly set forth in Article Thirteen
of the Indenture and reference is made to such Article and Indenture for the precise terms of the Guarantees.


 


Within 30 days of any Subsidiary of the Parent
Guarantor becoming a Relevant Guarantor, the Parent Guarantor shall cause such Relevant Guarantor to also become a Guarantor (each,
a “New Guarantor”) of all amounts due and owing on the Outstanding Securities by having such New Guarantor, the Issuer
and the Trustee deliver a New Guarantor Supplemental Indenture within such 30 day period, provided that such New Guarantor’s
Guarantee may contain any limitation required under the laws of the jurisdiction in which it is incorporated or organized, or which
are substantially similar to the limitations contained in such other new guarantees given by the New Guarantor in relation to the
Specified Indebtedness giving rise to its status as a Relevant Guarantor.


 


Upon execution and delivery by the New Guarantor
of its New Guarantor Supplemental Indenture and any other documents provided for in Section 1010, the New Guarantor shall
be a Guarantor for the purposes of this Indenture and for purposes of all amounts due and owing on the Outstanding Securities.
In connection therewith, (i) the rights and obligations of such New Guarantor and the restrictions imposed upon it under this
Indenture shall be the same in all respects as if the New Guarantor had been an Original Guarantor and (ii) the rights and
obligations and restrictions imposed upon the other Guarantors shall be the same in all respects as if the New Guarantor had been
an Original Guarantor.


 






     


     


    

 


In accordance with Section 1302 of the
Indenture, any or all of the Subsidiary Guarantors may be released at any time from their respective Guarantees and other obligations
under the Indenture and the Securities without the consent of any Holder. Such release will occur upon or concurrently with the
Subsidiary Guarantor no longer being a Relevant Guarantor and upon the delivery of an Officer’s Certificate of Release to
the Trustee certifying that the Subsidiary Guarantor is no longer a Relevant Guarantor, provided that, at the time of such
release, no default or Event of Default has occurred and is continuing.


 


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 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 aggregate 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 satisfactory to it, and the Trustee shall not have received from the Holders of a majority in aggregate principal
amount of Securities of this series at the time Outstanding a direction inconsistent with such request, and the Trustee 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 amount 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 Issuer or the Guarantors, which is absolute
and unconditional, to pay the principal amount 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 Issuer in any place where the principal amount 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 Issuer 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.


 


The Securities of this series are issuable
only in fully registered form, without coupons, and in minimum denominations of US$2,000 and any integral multiple of US$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 Issuer 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 Issuer, the Trustee and any agent of the Issuer, the Guarantors or the Trustee may treat the
Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security is overdue,
and none of the Issuer, the Trustee nor any such agent shall be affected by notice to the contrary.


 


This Security and the Guarantees shall be
governed by and construed in accordance with the law of the State of New York, but without regard to the principles of conflicts
of laws thereof that would require the application of the laws of a jurisdiction other than the State of New York; provided,
however, that all matters governing the authorization and execution of the Securities by the Issuer shall be governed by and construed
in accordance with the laws of the State of Missouri and the authorization and execution of any notation of the Guarantees by the
Guarantors pursuant to Article Thirteen of the Indenture or any Guarantees endorsed by such Guarantors on this Security, if
any, shall be governed by and construed in accordance with the laws of the respective places of incorporation of each such Guarantor.


 


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


 






     


     


    

 


Schedule A


 


By purchasing this Security, the Holder hereby agrees to the
terms set forth in the Indenture.


 


SCHEDULE OF ADJUSTMENTS


 


Initial Principal Amount: US$500,000,000


 


	Date

 adjustment 

made	 	Principal 

amount

 increase	 	Principal

 amount

 decrease	 	Principal

 amount

 following 

adjustment	 	Notation made

 on behalf of the

 Security 

Registrar