Exhibit
4.2




 


 





Execution Version


 

 


 


 


 


 


 


 


 


CHARLES
RIVER LABORATORIES INTERNATIONAL, INC.


 


as Issuer


 


EACH
OF THE GUARANTORS PARTY HERETO


 


as Guarantors


 


U.S.
BANK NATIONAL ASSOCIATION


 


as Trustee


 


 



First
Supplemental Indenture


 


Dated
as of March 23, 2021


 


to the
Indenture dated as of


 


March
23, 2021


 


 



3.750%
Senior Notes due 2029


 


4.000%
Senior Notes due 2031


 


 


 


 


 


 


 




     


     


    

 


TABLE
OF CONTENTS


 


PAGE


 




	ARTICLE
    1. DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION	1
	Section
    1.01   Scope of Supplemental Indenture.	1
	Section
    1.02   Definitions.	2
	ARTICLE
    2. THE Notes	20
	Section
    2.01   Title and Terms; Payments.	20
	Section
    2.02   Repurchase and Cancellation.	22
	ARTICLE
    3. redemption and prepayment	22
	Section
    3.01   Notice of Redemption.	22
	Section
    3.02   Effect of Notice of Redemption.	22
	Section
    3.03   Optional Redemption.	23
	Section
    3.04   Mandatory Redemption.	25
	ARTICLE
    4. COvenants	25
	Section
    4.01   Reports.	25
	Section
    4.02   [RESERVED].	26
	Section
    4.03   Liens.	26
	Section
    4.04   Offer to Repurchase Upon Change of Control Triggering Event.	27
	Section
    4.05   Exempted Transactions.	28
	Section
    4.06   Additional Note Guarantees.	28
	Section
    4.07   Sale and Leaseback Transactions.	29
	ARTICLE
    5. successors	29
	Section
    5.01   Merger, Consolidation or Sale of Assets.	29
	Section
    5.02   Successor Corporation Substituted.	30
	Section
    5.03   Opinion of Counsel to Be Given to Trustee.	31
	ARTICLE
    6. default and remedies	31
	Section
    6.01   Events of Default.	31
	Section
    6.02   Acceleration.	33
	Section
    6.03   Other Remedies.	33
	Section
    6.04   Waiver of Past Defaults.	33
	Section
    6.05   Control by Majority.	34
	Section
    6.06   Limitation on Suits.	34
	Section
    6.07   Collection Suit by Trustee.	34
	ARTICLE
    7. LEGAL DEFEASANCE AND COVENANT DEFEASANCE	35
	Section
    7.01   Option to Effect Legal Defeasance or Covenant Defeasance.	35



 






    i 


     


    

 


	Section
    7.02   Legal Defeasance and Discharge.	35
	Section
    7.03   Covenant Defeasance.	36
	Section
    7.04   Conditions to Legal or Covenant Defeasance.	36
	Section
    7.05   Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions.	37
	Section
    7.06   Repayment to Company.	38
	Section
    7.07   Reinstatement.	38
	ARTICLE
    8. SATISFACTION AND DISCHARGE	38
	Section
    8.01   Satisfaction and Discharge of the Supplemental Indenture.	38
	Section
    8.02   Application of Trust Money.	39
	ARTICLE
    9. Note Guarantees	40
	Section
    9.01   Guarantee.	40
	Section
    9.02   [RESERVED].	41
	Section
    9.03   Limitation on Guarantor Liability.	41
	Section
    9.04   Execution and Delivery.	41
	Section
    9.05   Guarantors May Consolidate, etc., on Certain Terms.	41
	Section
    9.06   Releases.	42
	ARTICLE
    10. SUPPLEMENTAL INDENTURES	43
	Section
    10.01   Supplemental Indentures Without Consent of Holders.	43
	Section
    10.02   Supplemental Indentures With Consent of Holders.	44
	Section
    10.03   Notice of Amendment or Supplement.	45
	ARTICLE
    11. MISCELLANEOUS	45
	Section
    11.01   Governing Law.	45
	Section
    11.02   No Security Interest Created.	46
	Section
    11.03   Trust Indenture Act.	46
	Section
    11.04   Benefits of Supplemental Indenture.	46
	Section
    11.05   Calculations.	46
	Section
    11.06   Effect of Headings and Table of Contents.	46
	Section
    11.07   Execution in Counterparts.	46
	Section
    11.08   Separability Clause.	46
	Section
    11.09   Ratification of Original Indenture.	46
	Section
    11.10   The Trustee.	47
	Section
    11.11   No Recourse Against Others.	47
	Section
    11.12   Separability Clause.	2


 






    ii 


     


    

 


EXHIBIT


 


	Appendix A 	Provisions Relating to Initial Notes	I-1
	Exhibit A-1	Form of 2029 Note	A-1-1
	Exhibit A-2	Form of 2031 Note	A-2-1
	Exhibit B	Form of Supplemental Indenture	B-1


 


 




    iii 


     


    

 





FIRST SUPPLEMENTAL
INDENTURE (this “Supplemental Indenture”), dated as of March 23, 2021, among Charles River Laboratories
International, Inc., a Delaware corporation (the “Company”), the Guarantors listed on Schedule A hereto
(the “Guarantors”) and U.S. Bank National Association (the “Trustee”), as
trustee under the Indenture, dated as of March 23, 2021, between the Company and the Trustee (as amended or supplemented from
time to time in accordance with the terms thereof, the “Original Indenture”).


 


RECITALS
OF THE COMPANY


 


WHEREAS,
the Company executed and delivered the Original Indenture to the Trustee to provide, among other things, for the issuance, from
time to time, of the Company’s Securities, in an unlimited aggregate principal amount, in one or more series to be established
by the Company under, and authenticated and delivered as provided in, the Original Indenture;


 


WHEREAS,
Section 9.1(j) of the Original Indenture provides for the Company and the Trustee to enter into supplemental indentures to the
Original Indenture to establish the form and terms of Securities of any series as contemplated by Sections 2.1 and 2.2 of the
Original Indenture;


 


WHEREAS,
the Board of Directors of the Company has duly adopted resolutions authorizing the Company to execute and deliver this Supplemental
Indenture;


 


WHEREAS,
pursuant to the terms of the Original Indenture, the Company desires to establish (i) a new series of its Securities to be known
as its “3.750% Senior Notes due 2029” (the “2029 Notes”) and (ii) a new series of its Securities
to be known as its “4.000% Senior Notes due 2031” (the “2031 Notes” and, together with the
2029 Notes, the “Notes” and each, a “series” of Notes), the form and substance
of such Notes and the terms, provisions and conditions thereof to be set forth as provided in the Original Indenture and this
Supplemental Indenture;


 


WHEREAS,
the Form of Note of each series, the certificate of authentication to be borne by each such Note and the Form of Assignment and
Transfer contemplated under the terms of each series of Notes are to be substantially in the forms hereinafter provided; and


 


WHEREAS,
the Company and the Guarantors have requested that the Trustee execute and deliver this Supplemental Indenture.


 


NOW, THEREFORE,
THIS SUPPLEMENTAL INDENTURE WITNESSETH, for and in consideration of the premises and the purchases of the Notes by the Holders
thereof, it is mutually agreed, for the benefit of the Company and the Guarantors and the equal and proportionate benefit of all
Holders of the Notes, as follows:


 


ARTICLE
1.

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION


 



Section
1.01           
Scope of Supplemental Indenture.



 


Unless otherwise stated, the terms and provisions contained in the Original Indenture shall constitute,
and are hereby expressly made, a part of this Supplemental Indenture and the Company, the Guarantors and the Trustee, by their
execution and delivery of this Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby. Notwithstanding
any of the foregoing to the contrary, the provisions of this Supplemental Indenture shall supersede any corresponding provisions
in the Original Indenture, and to the extent any provision of the Original Indenture conflicts with the express provisions of
this Supplemental Indenture, the provisions of this Supplemental Indenture shall govern and be controlling. The changes, modifications
and supplements to the Original Indenture effected by this Supplemental Indenture shall be applicable only with respect to, and
shall only govern the terms of, the Notes, which may be issued from time to time, and shall not apply to any other Securities
that may be issued under the Original Indenture unless a supplemental indenture with respect to such other Securities specifically
incorporates such changes, modifications and supplements.



 






    1 


     


    

 


Section
1.02           
Definitions.


 


For
all purposes of this Supplemental Indenture, except as otherwise expressly provided or unless the context otherwise requires:


 


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


 


(b)       all
words, terms and phrases defined in the Original Indenture (but not otherwise defined herein) shall have the same meanings as
in the Original Indenture;


 


(c)       all
accounting terms not otherwise defined herein shall have the meanings assigned to them in accordance with GAAP, and, except as
otherwise herein expressly provided, the term “GAAP” with respect to any computation required or permitted hereunder
shall mean such accounting principles as are generally accepted at the date of this instrument; and


 


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


 


“2029
Applicable Premium” means, with respect to any 2029 Note being redeemed pursuant to Section 3.03(b) on any redemption
date, the greater of:


 


(1)       1.0%
of the principal amount of such 2029 Note; or


 


(2)       the
excess, if any, of:


 


(a)       the
present value at such redemption date of (i) the redemption price of such 2029 Note at March 15, 2024 (such redemption price being
set forth in the table appearing in Section 3.03(d)) plus (ii) all required interest payments due on the 2029 Note through March
15, 2024, (excluding accrued but unpaid interest to the redemption date), computed using a discount rate equal to the Treasury
Rate as of such redemption date plus 50 basis points; over


 


(b)       the
principal amount of the 2029 Note.


 


“2031
Applicable Premium” means, with respect to any 2031 Note being redeemed pursuant to Section 3.03(b) on any redemption
date, the greater of:


 


(1)       1.0%
of the principal amount of such 2031 Note; or


 


(2)       the
excess, if any, of:


 






    2 


     


    

 


(a)       the
present value at such redemption date of (i) the redemption price of such 2031 Note at March 15, 2026 (such redemption price being
set forth in the table appearing in Section 3.03(d)) plus (ii) all required interest payments due on the 2031 Note through March
15, 2026, (excluding accrued but unpaid interest to the redemption date), computed using a discount rate equal to the Treasury
Rate as of such redemption date plus 50 basis points; over


 


(b)       the
principal amount of the 2031 Note.


 


“2029
Initial Notes” has the meaning specified in Section 2.01.


 


“2031
Initial Notes” has the meaning specified in Section 2.01.


 


“Additional
2029 Notes” has the meaning specified in Section 2.01.


 


“Additional
2031 Notes” has the meaning specified in Section 2.01.


 


“Additional
Notes” has the meaning specified in Section 2.01.


 


“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 purposes of this definition, “control,” as used with respect to any
Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies
of such Person, whether through the ownership of voting securities, by agreement or otherwise. For purposes of this definition,
the terms “controlling,” “controlled by” and “under common control with” have correlative
meanings.


 


“Appendix”
has the meaning set forth in Section 2.01.


 


“Attributable
Indebtedness” means, with respect to any Sale and Lease Back Transaction, at the time of determination, the lesser
of (1) the sale price of the property so leased multiplied by a fraction the numerator of which is the remaining portion of the
base term of the lease included in such transaction and the denominator of which is the base term of such lease, and (2) the total
obligation (discounted to the present value at the implicit interest factor, determined in accordance with GAAP, included in the
rental payments) of the lessee for rental payments (other than amounts required to be paid on account of property taxes as well
as maintenance, repairs, insurance, water rates and other items which do not constitute payments for property rights) during the
remaining portion of the base term of the lease included in such transaction.


 


“Beneficial
Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, except that in
calculating the beneficial ownership of any particular “person” (as that term is used in Section 13(d)(3) of the Exchange
Act), such “person” will be deemed to have beneficial ownership of all securities that such “person” has
the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable
only after the passage of time. The terms “Beneficially Owns” and “Beneficially Owned” have a corresponding
meaning.


 


“Board
of Directors” means:


 


(1)       with
respect to a corporation, the board of directors of the corporation or any committee thereof duly authorized to act on behalf
of such board;


 






    3 


     


    

 


(2)       with
respect to a partnership, the board of directors of the general partner of the partnership;


 


(3)       with
respect to a limited liability company, the managing member or members or any controlling committee of managing members thereof;
and


 


(4)       with
respect to any other Person, the board or committee of such Person serving a similar function.


 


“Calculation
Date” has the meaning specified in the definition of “Consolidated Net Secured Leverage Ratio.”


 


“Capital
Lease Obligation” of any Person means the obligations of such Person to pay rent or other amounts under any lease
of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are
required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and the amount of
such obligations shall be the capitalized amount thereof determined in accordance with GAAP.


 


“Capital
Stock” means:


 


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


 


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


 


(3)       in
the case of a partnership or limited liability company, partnership interests (whether general or limited) or membership interests;
and


 


(4)       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,


 


but excluding
from all of the foregoing any debt securities exchangeable or convertible into Capital Stock, whether or not such debt securities
include any right of participation with Capital Stock.


 


“Cash
Equivalents” means:


 


(1)       United
States dollars, Canadian dollars, pounds sterling, euros or yen (or any other currency held temporarily to manage the exposure
to such other currency);


 


(2)       in
the case of any Foreign Subsidiary that is a Subsidiary, (a) such local currencies held by it from time to time in the ordinary
course of business and (b) the currency of any country that is a member of the Organization for Economic Cooperation and Development;


 


(3)       securities
issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality of the United
States government (provided that the full faith and credit of the United States is pledged in support of those securities)
having maturities of not more than 24 months from the date of acquisition;


 


(4)       certificates
of deposit and eurodollar time deposits with maturities of one year or less from the date of acquisition, bankers’ acceptances
with maturities not exceeding one year and overnight bank deposits, in each case, with any lender party to a Credit Facility or
with any commercial bank having capital and surplus in excess of $500.0 million;


 






    4 


     


    

 


(5)       repurchase
obligations with a term of not more than seven days for underlying securities of the types described in clauses (3) and (4) above
entered into with any financial institution meeting the qualifications specified in clause (4) above;


 


(6)       commercial
paper having one of the two highest ratings obtainable from Moody’s or S&P (or, if at any time neither Moody’s
nor S&P shall be rating such obligations, an equivalent rating from another Rating Agency) and, in each case, maturing within
12 months after the date of acquisition;


 


(7)       marketable
short-term money market and similar securities having a rating of at least P-2 or A-2 from either Moody’s or S&P, respectively
(or, if at any time neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another Rating
Agency) and in each case maturing within 24 months after the date of creation or acquisition thereof;


 


(8)       readily
marketable direct obligations issued by any state, commonwealth or territory of the United States or any political subdivision
or taxing authority thereof having an Investment Grade rating from either Moody’s or S&P (or, if at any time neither
Moody’s nor S&P shall be rating such obligations, an equivalent rating from another Rating Agency) with maturities of
12 months or less from the date of acquisition; and


 


(9)       money
market funds at least 95% of the assets of which constitute Cash Equivalents of the kinds described in clauses (1) through (8)
of this definition.


 


“Change
of Control” means the occurrence of any of the following:


 


(1)       the
direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation), in one
or a series of related transactions, of all or substantially all of the properties or assets of the Company and its Subsidiaries
taken as a whole to any Person (including any “person” (as that term is used in Section 13(d)(3) of the Exchange Act))
other than to the Company or one of its Subsidiaries;


 


(2)       the
consummation of any transaction (including, without limitation, any merger or consolidation), the result of which is that any
Person or “group” (as such term is used in Section 13(d)(3) of the Exchange Act) becomes the Beneficial Owner, directly
or indirectly, of more than 50% of the Voting Stock of the Company, measured by voting power rather than number of shares;


 


(3)       the
Company consolidates with, or merges with or into, any Person, or any Person consolidates with, or merges with or into, the Company,
in any such event pursuant to a transaction in which any of the outstanding Voting Stock of the Company is converted into or exchanged
for cash, securities or other property, other than any such transaction where:


 


(a)       the
Voting Stock of the Company outstanding immediately prior to such transaction is converted into or exchanged for the Voting Stock
of such surviving or transferee Person (or any direct or indirect parent thereof) immediately after giving effect to such transaction;
and


 


(b)       the
holders of the Voting Stock of the Company immediately prior to such transaction own, directly or indirectly, not less than a
majority of the Voting Stock of the Company or such surviving or transferee Person (or any direct or indirect parent thereof)
immediately after giving effect to such transaction.


 






    5 


     


    

 


Notwithstanding
the foregoing, a transaction will not be deemed to involve a Change of Control solely as a result of the Company becoming a direct
or indirect Wholly-Owned Subsidiary of another company (whether the Company is directly owned by such company or indirectly through
other subsidiaries of such company); provided that no “Person” or “group” (as such terms are defined above)
is the Beneficial Owner, directly or indirectly, of more than a majority of the total voting power of the Voting Stock of such
company.


 


“Company”
has the meaning specified in the first paragraph of this Supplemental Indenture.


 


“Consolidated
EBITDA” means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for
such period plus, without duplication, in each case to the extent taken into account in computing such Consolidated Net
Income:


 


(1)       provision
for taxes based on income, profits or capital, including, without limitation, state, franchise and similar taxes and foreign withholding
taxes of such Person and its Subsidiaries for such period; plus


 


(2)       the
Fixed Charges of such Person and its Subsidiaries for such period; plus


 


(3)       any
foreign currency translation losses (including losses related to currency remeasurements of Indebtedness) of such Person and its
Subsidiaries for such period; plus


 


(4)       depreciation,
amortization (including amortization of intangibles and other assets but excluding amortization of prepaid cash expenses that
were paid in a prior period), and any other non-cash charges, including any expenses or losses related to mark-to-market charges
related to pension and post-retirement plans, non-cash costs associated with inventory purchase price adjustments and in process
research and development, any write offs, write downs, losses or items and expenses, in each case, to the extent that such depreciation,
amortization and other non-cash charges or expenses were deducted in computing Consolidated Net Income, but excluding any such
non-cash charge or expense to the extent that it represents an accrual of or reserve for cash charges or expenses in any future
period or amortization of a prepaid cash charge or expense that was paid in a prior period; plus


 


(5)       to
the extent actually reimbursed, expenses incurred to the extent covered by indemnification provisions in any agreement in connection
with any acquisition permitted under the Indenture; plus


 


(6)       any
contingent or deferred payments (including earn-out payments, non-compete payments and consulting payments but excluding ongoing
royalty payments) made in connection with any acquisition permitted under the Indenture; plus


 


(7)       deferred
financing fees and milestone payments in connection with any Investment or series of related Investments permitted under the Indenture;
plus


 


(8)       costs
of surety bonds in connection with financing activities; plus


 






    6 


     


    

 


(9)       the
amount of factually supportable and identifiable cost savings related to operational efficiencies, expense reductions, strategic
initiatives or improvements or other synergies, in each case, projected by the Company in good faith to be realized based upon
actions taken, committed to be taken or reasonably expected to be taken within 24 months of the date of determination (calculated
on a pro forma basis as though such cost savings, improvements and synergies had been realized on the first day of such period)
(without duplication of the amount of actual benefit realized during such period from such actions), which cost savings, improvements
and synergies can be reasonably computed, as certified in writing by a responsible financial or accounting officer of the Company;
provided, that the aggregate amount of addbacks made pursuant to this clause (9) shall not exceed an amount equal to 20%
of the Consolidated EBITDA of the Company for the then most recently ended four full fiscal quarter for which internal financial
statements are available immediately preceding the date of determination; plus


 


(10)       all
other non-cash losses, expenses and charges of the Company and its Subsidiaries for such period, (excluding (x) the write down
of current assets and (y) any such non-cash charge to the extent that it represents an accrual of or reserve for cash expenditures
in any future period); plus


 


(11)       losses,
charges, expenses, costs, accruals or reserves of any kind associated with any litigation (including any legal fees and expenses)
and/or payment of actual or prospective legal settlements, finds, judgments or orders; plus


 


(12)       any
loss from discontinued operations and any loss on disposal of discontinued operations; minus


 


(13)       any
foreign currency translation gains (including gains related to currency remeasurements of Indebtedness) of such Person and its
Subsidiaries for such period; minus


 


(14)       non-cash
gains, including any gains related to mark-to-market gains related to pension and post-retirement plans, other than the accrual
of revenue in the ordinary course of business and excluding any non-cash gains which represent the reversal of any accrual of,
or reserve for, anticipated cash charges that reduced Consolidated EBITDA in any prior period; minus


 


(15)       any
unusual or non-recurring gains for such period; minus


 


(16)       any
income from discontinued operations and any gain on disposal of discontinued operations, minus


 


(17)       tax
benefits based on income, profit or capital,


 


in
each case, on a consolidated basis and determined in accordance with GAAP.


 


“Consolidated
Net Income” means, with respect to any specified Person for any period, the aggregate of the net income (loss) attributable
to common shareholders of such Person and its Subsidiaries for such period, on a consolidated basis, determined in accordance
with GAAP and without any reduction in respect of preferred stock dividends; provided that:


 


(1)       any
after-tax effect of extraordinary, non-recurring or unusual losses, charges or premiums including, but not limited to, any expenses
or charges related to any Equity Offering, incurrence of Indebtedness permitted to be incurred under the Indenture, acquisition,
restructuring, integration (including, without limitation, the sale, closure or consolidation of facilities and start-up costs
related to new facilities), transition, executive recruiting, severance (including, but not limited to, any severance payments
related to management employment contracts), relocation costs and curtailments or modifications to pension and post-retirement
employee benefit plans, recapitalization or the amendment, modification or refinancing of Indebtedness (including a refinancing
thereof) (whether or not successful) (for the avoidance of doubt, the losses, charges and premiums identified in this clause include,
without limitation, the Transaction Costs, any future losses, charges or premiums associated with the prepayment and the related
prepayment make-whole amounts of any other refinancings undertaken in the future and any amounts paid or charges incurred in connection
with the termination of interest rate swaps entered into in the future in connection with any Credit Facilities), will be excluded;


 






    7 


     


    

 


(2)       all
extraordinary losses and expenses and all gains and losses realized in connection with any asset sale or other disposition, disposition
of securities or early extinguishment of Indebtedness, together with any related provision for taxes on any such gain, will be
excluded;


 


(3)       the
net income and loss of any Person that is accounted for by the equity method of accounting will be included only to the extent
of the amount of dividends or similar distributions paid in cash (or to the extent converted into cash or Cash Equivalents) to
the specified Person or a Subsidiary of the Person;


 


(4)       the
cumulative effect of a change in accounting principles will be excluded;


 


(5)       non-cash
gains and losses attributable to movement in the mark-to-market valuation of (a) Hedging Obligations pursuant to FASB Accounting
Standards Codification Topic 815 —Derivatives and Hedging and (b) foreign currencies or derivative instruments pursuant
to GAAP, will be excluded;


 


(6)       any
net unrealized gains or losses (after any offset) with respect to Hedging Obligations will be excluded;


 


(7)       (i)
any non-cash compensation charges and expenses recorded from grants of stock appreciation or similar rights, phantom equity, stock
options, restricted stock, units or other rights to officers, directors, managers or employees and (ii) non-cash income (loss)
attributable to deferred compensation plans or trusts, shall be excluded;


 


(8)       any
impairment charge, asset write-off or write-down, including impairment charges or asset write-offs or write-downs related to intangible
assets, long-lived assets, investments in debt and equity securities or as a result of a change in law or regulation, in each
case, pursuant to GAAP and the amortization of intangibles arising pursuant to GAAP shall be excluded;


 


(9)       any
amortization of deferred charges or debt discount resulting from the application of FASB Accounting Standards Codification Topic
470-20—Debt—Debt with Conversion and Other Options (formerly FASB Staff Position No. APB 14-1—Accounting for
Convertible Debt Instruments That May Be Settled in Cash Upon Conversion (Including Partial Cash Settlement)) will be excluded;


 


(10)       accruals
and reserves that are established within twelve months after the Issue Date that are so required to be established as a result
of the Transactions in accordance with GAAP will be excluded; and


 


(11)       to
the extent covered by insurance or indemnification and actually reimbursed, or, so long as the Company has made a determination
that there exists reasonable evidence that such amount will in fact be reimbursed by the insurer or indemnifying party and only
to the extent that such amount is (a) not denied by the applicable carrier or indemnifying party in writing within 180 days and
(b) in fact reimbursed within 365 days of the date of such evidence (with a deduction for any amount so added back to the extent
not so reimbursed within 365 days), losses and expenses with respect to liability or casualty events or business interruption
shall be excluded.


 






    8 


     


    

 


“Consolidated
Net Secured Leverage Ratio” means, as of any date of determination, the ratio of (1) the Indebtedness of the Company
that is outstanding and that is secured by a Lien on the assets of the Company or any of its Subsidiaries as of such date minus
Cash Equivalents included on the consolidated balance sheet of the Company as of the end of the most recent fiscal quarter for
which internal financial statements are available immediately preceding the date of determination and still held by the Company
as of such date to (2) the Consolidated EBITDA of the Company for the then most recently ended four full fiscal quarters for which
internal financial statements are available immediately preceding the date of determination, in each case with such pro forma
adjustments as are consistent with the pro forma adjustment provisions set forth in this definition.


 


In addition,
for purposes of calculating the Consolidated Net Secured Leverage Ratio:


 


(1)       Investments,
acquisitions, dispositions and mergers or consolidations that have been made by the specified Person or any of its Subsidiaries,
or any Person or any of its Subsidiaries acquired by the specified Person or any of its Subsidiaries, and including all related
financing transactions and including increases in ownership of Subsidiaries, during the four-quarter reference period or subsequent
to such reference period and on or prior to the date on which the event for which the calculation of the Consolidated Net Secured
Leverage Ratio is made (the “Calculation Date”), or that are to be made on the Calculation Date, will be given pro
forma effect (as determined in good faith by a responsible financial or accounting officer of the Company) as if they had occurred
on the first day of the four-quarter reference period;


 


(2)       the
Consolidated EBITDA attributable to discontinued operations, as determined in accordance with GAAP, and operations or businesses
(and ownership interests therein) disposed of prior to the Calculation Date, will be excluded;


 


(3)       the
Fixed Charges attributable to discontinued operations, as determined in accordance with GAAP, and operations or businesses (and
ownership interests therein) disposed of prior to the Calculation Date, will be excluded, but only to the extent that the obligations
giving rise to such Fixed Charges will not be obligations of the specified Person or any of its Subsidiaries following the Calculation
Date;


 


(4)       if
any Indebtedness bears a floating rate of interest, the interest expense on such Indebtedness will be calculated as if the rate
in effect on the Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligation
applicable to such Indebtedness if such Hedging Obligation has a remaining term as of the Calculation Date in excess of 12 months).


 


For purposes
of this definition, whenever pro forma effect is to be given to an Investment, acquisition, disposition and merger or consolidation,
the pro forma calculations shall include factually supportable and identifiable pro forma cost savings related to operational
efficiencies, expense reductions, strategic initiatives or improvements or other synergies, in each case, projected by the Company
in good faith to be realized based upon actions taken, committed to be taken or reasonably expected to be taken within 18 months
of the Calculation Date (without duplication of the amount of actual benefit realized during such period from such actions), which
cost savings, improvements and synergies can be reasonably computed, as certified in writing by a responsible financial or accounting
officer of the Company. Interest on a Capital Lease Obligation shall be deemed to accrue at an interest rate reasonably determined
by a responsible financial or accounting officer of the Company to be the rate of interest implicit in such Capital Lease Obligation
in accordance with GAAP. For purposes of making the computation referred to above, interest on any Indebtedness under revolving
credit facilities computed on a pro forma basis shall be computed based upon the average daily balance of such Indebtedness during
the applicable period, or if lower, the maximum commitments under such revolving credit facilities as of the applicable Calculation
Date. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar
rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen,
or, if none, then based upon such optional rate chosen as the Company may designate.


 






    9 


     


    

 


“continuing”
means, with respect to any Default or Event of Default, that such Default or Event of Default has not been cured or waived.


 


“Covenant
Defeasance” has the meaning specified in Section 7.03.


 


“Credit
Agreement” means that certain Eighth Amended and Restated Credit Agreement, dated as of March 26, 2018, by and among
the Company, the subsidiary borrowers party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative
Agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith,
and, in each case, as amended, restated, modified, renewed, refunded, replaced in any manner (whether upon or after termination
or otherwise) or refinanced (including by means of sales of debt securities to institutional investors) in whole or in part from
time to time.


 


“Credit
Facilities” means, one or more debt facilities (including, without limitation, the Credit Agreement) or other financing
arrangements (including, without limitation, commercial paper facilities or indentures), in each case, providing for revolving
credit loans, term loans, receivables financing (including through the sale of receivables to such lenders or to special purpose
entities formed to borrow from such lenders against such receivables), letters of credit or other indebtedness, including any
notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, in each case,
as amended, supplemented, restated, modified, renewed, refunded, replaced in any manner (whether upon or after termination or
otherwise) or refinanced (including by means of sales of debt securities) in whole or in part from time to time, including any
such replacement, refunding or refinancing facility or indenture that increases the amount permitted to be borrowed thereunder
or alters the maturity thereof (provided that such increase in borrowings is permitted, to the extent applicable, under
Section 4.03) or adds Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent,
lender or group of lenders.


 


“Custodian”
means the Trustee, as custodian with respect to the Notes (so long as the Notes constitute Global Notes), or any successor entity.


 


“Default”
means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.


 


“Depository”
means initially The Depository Trust Company until a successor Depository shall have become such pursuant to the applicable provisions
of the Indenture, and thereafter “Depository” shall mean such successor Depository.


 






    10 


     


    

 


“Domestic
Subsidiary” means any Subsidiary of the Company that is, at the time of determination, organized under the laws
of the United States or any state of the United States or the District of Columbia.


 


“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).


 


“Equity
Offering” means a public or private sale either:


 


		(1)	of Equity Interests of the Company
                                         by the Company (other than to a Subsidiary of the Company), or



 


		(2)	of Equity Interests of a direct
                                         or indirect parent entity of the Company (other than to the Company or a Subsidiary of
                                         the Company) to the extent that the net proceeds therefrom are contributed to the common
                                         equity capital of the Company.



 


“Event
of Default” has the meaning specified in Section 6.01.


 


“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.


 


“Fair
Market Value” means the value that would be paid by a willing buyer to an unaffiliated willing seller in a transaction
not involving distress or necessity of either party, determined in good faith by the Board of Directors of the Company (unless
otherwise provided in the Indenture).


 


“Fall
Away Date” has the meaning specified in Section 9.06.


 


“FASB”
means Financial Accounting Standards Board.


 


“Fitch”
means Fitch Inc., a subsidiary of Fimalac, S.A., and any successor to its rating agency business.


 


“Fixed
Charges” means, with respect to any specified Person for any period, the sum, without duplication, of:


 


(1)       (a)
the consolidated interest expense of such Person and its Subsidiaries for such period, to the extent such expense was deducted
in computing Consolidated Net Income, including, without limitation, (a) amortization of debt issuance costs and original issue
discount, (b) non-cash interest payments, (but excluding any non-cash interest expense attributable to the movement in the mark
to market valuation of Hedging Obligations or other derivative instruments pursuant to GAAP), (c) the interest component of any
deferred payment obligations, (d) the interest component of all payments associated with Capital Lease Obligations, (e) commissions,
discounts and other fees and charges incurred in respect of letter of credit or bankers’ acceptance financings, and excluding,
(v) penalties and interest relating to taxes, (w) any expense resulting from the discounting of Indebtedness in connection with
the application of recapitalization or purchase accounting, (x) amortization of deferred financing fees, debt issuance costs,
commissions, fees and expenses, and original issue discount with respect to Indebtedness issued in connection with the Transactions
or any intercompany Indebtedness and (y) any expensing of bridge, commitment and other financing fees in connection with any acquisitions
after the Issue Date, and net of the effect of all payments made or received pursuant to Hedging Obligations in respect of interest
rates (but excluding any one-time cash costs associated with breakage); plus


 






    11 


     


    

 


(b)       the
consolidated interest expense of such Person and its Subsidiaries that was capitalized during such period; plus


 


(c)       any
interest on Indebtedness of another Person that is guaranteed by such Person or one of its Subsidiaries or secured by a Lien on
assets of such Person or one of its Subsidiaries, whether or not such Guarantee or Lien is called upon; plus


 


(d)       all
dividends, whether paid or accrued and whether or not in cash, on any series of preferred stock of such Person or any of its Subsidiaries,
other than dividends on Equity Interests payable solely in Equity Interests of the Company or to the Company or a Subsidiary of
the Company; minus


 


(2)(a)interest
income of such Person and its Subsidiaries for such period; and


 


(b)       any
amortization of deferred charges or debt discount resulting from the application of FASB Accounting Standards Codification Topic
470-20—Debt—Debt with Conversion and Other Options (formerly FASB Staff Position No. APB 14-1—Accounting for
Convertible Debt Instruments That May Be Settled in Cash Upon Conversion (Including Partial Cash Settlement)).


 


“Foreign
Subsidiary” means, with respect to any Person, any Subsidiary of such Person that is not organized or existing under
the laws of the United States, any state thereof or the District of Columbia, and any Subsidiary of such Foreign Subsidiary.


 


“Form
of Assignment and Transfer” means, as applicable, the “Form of Assignment and Transfer” attached as
Attachment 1 to the Form of 2029 Note attached hereto as Exhibit A-1 and the Form of 2031 Note attached hereto as Exhibit A-2.


 


“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 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 on the Issue Date; provided that lease liabilities and associated expenses recorded by the Company pursuant
to ASU 2016-02, Leases, shall not be treated as Indebtedness and shall not be included in consolidated interest expense or Fixed
Charges, unless the lease liabilities would have been treated as capital lease obligations under GAAP as in effect prior to the
adoption of ASU 2016-02, Leases (in which case such lease liabilities and associated expenses shall be treated as Capital Lease
Obligations and included in consolidated interest expense and Fixed Charges under the Indenture).


 


“Global
Note” means any Note that is a Global Security.


 


“Guarantee”
of or by any Person means any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect
of guaranteeing any Indebtedness or other obligation of any other Person (the “primary obligor”) in
any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect:


 


(1)       to
purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase
(or to advance or supply funds for the purchase of) any security for the payment thereof;


 






    12 


     


    

 


(2)       to
purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation
of the payment thereof;


 


(3)       to
maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as
to enable the primary obligor to pay such Indebtedness or other obligation; or


 


(4)       as
an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness or obligation;


 


provided,
that the term “Guarantee” will not include endorsements for collection or deposit in the ordinary course of business.
In any computation of the Indebtedness or other liabilities of the obligor under any Guarantee, the Indebtedness or other obligations
that are the subject of such Guarantee will be assumed to be direct obligations of such obligor.


 


“Guarantors”
means any Subsidiary of the Company that issues a Note Guarantee by executing this Supplemental Indenture in accordance with the
provisions of the Indenture or executes a supplemental indenture in the form attached hereto as Exhibit B, and their respective
successors and assigns, in each case, until the Note Guarantee of such Person has been released in accordance with the provisions
of the Indenture.


 


“Hedging
Obligations” means, with respect to any specified Person, the obligations of such Person under:


 


(1)       interest
rate swap agreements (whether from fixed to floating or from floating to fixed), interest rate cap agreements and interest rate
collar agreements;


 


(2)       other
agreements or arrangements designed to manage interest rates or interest rate risk; and


 


(3)       commodity
swap agreement, commodity cap agreement, commodity collar agreement, foreign exchange contract, currency swap agreement or any
other agreements or arrangements designed to protect such Person against fluctuations in, or providing for the transfer or mitigation
of risks related to, currency exchange rates or commodity prices, in each case, either generally or under specific contingencies.


 


“Holder”
means a person in whose name a Note is registered.


 


“Immaterial
Subsidiary” means, as of any date, any Subsidiary that is a Wholly-Owned Subsidiary whose total assets do not exceed
7.5% of the consolidated assets of the Company and its Subsidiaries or whose revenues do not exceed 10.0% of the consolidated
revenues of the Company and its Subsidiaries, determined as of the end of the fiscal quarter most recently ended for which financial
statements are available; provided that (1) a Subsidiary will not be considered to be an Immaterial Subsidiary if it, directly
or indirectly, guarantees or otherwise provides direct credit support for any other Indebtedness of the Company and (2) the aggregate
amount of total assets of all Immaterial Subsidiaries shall not at any time exceed 7.5% of the consolidated assets of the Company
and its Subsidiaries or whose revenues do not exceed 10.0% of the consolidated revenues of the Company and its Subsidiaries, determined
as of the end of the fiscal quarter most recently ended for which financial statements are available.


 






    13 


     


    

 


“Indebtedness”
means, with respect to any specified Person, any indebtedness of such Person (excluding accrued interest (other than accrued interest
or interest paid in kind that has accreted to the principal amount), accrued expenses and trade payables), whether or not contingent,
in respect of borrowed money and evidenced by bonds, notes, debentures or similar instruments or letters of credit (or, without
duplication, reimbursement agreements in respect thereof).


 


The amount
of any Indebtedness outstanding as of any date will be:


 


(1)       the
accreted value of the Indebtedness, in the case of any Indebtedness issued with original issue discount;


 


(2)       the
principal amount of the Indebtedness, in the case of any other Indebtedness; and


 


(3)       in
respect of Indebtedness of another Person secured by a Lien on the assets of the specified Person, the lesser of:


 


(a)       the
Fair Market Value of such assets at the date of determination; and


 


(b)       the
amount of the Indebtedness of the other Person.


 


“Indenture”
means the Original Indenture, as originally executed, and as supplemented by this Supplemental Indenture, entered into pursuant
to the applicable provisions of the Indenture, which, together, provide for the issuance of and establish the form and terms of
the Notes, and as may be further supplemented from time to time by one or more supplements thereto.


 


“Initial
Notes” has the meaning specified in Section 2.01.


 


“Interest
Payment Date” means, with respect to the payment of interest on the Notes of each series, each March 15 and September
15 of each year.


 


“Investment
Grade” means a rating equal to or higher than BBB- (or the equivalent) by Fitch,
Baa3 (or the equivalent) by Moody’s or BBB- (or the equivalent) by S&P, or, if any such entity ceases to rate the Notes
for reasons outside of the control of the Company, the equivalent investment grade credit rating from any other “nationally
recognized statistical rating organization” within the meaning of Rule 3(a)(62) under the Exchange Act selected by the Company
as a replacement agency.


 


“Investments”
means, with respect to any Person, all direct or indirect investments by such Person in other Persons (including Affiliates) in
the forms of loans (including Guarantees or other obligations), advances or capital contributions (excluding commission, travel
and similar advances to officers and employees made in the ordinary course of business), purchases or other acquisitions of Indebtedness,
Equity Interests or other securities, together with all items that are or would be classified as investments on a balance sheet
prepared in accordance with GAAP. Except as otherwise provided in the Indenture, the amount of an Investment will be determined
at the time the Investment is made and without giving effect to subsequent changes in value.


 


“Issue
Date” means, March 23, 2021, the original issue date of the Notes.


 


“Legal
Defeasance” has the meaning specified in Section 7.02.


 






    14 


     


    

 


“Lien”
means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect
of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other
title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest
in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of
any jurisdiction; provided, that in no event shall an operating lease be deemed to constitute a Lien.


 


“Moody’s”
means Moody’s Investors Service, Inc., and any successor to its rating agency business.


 


“Net
Proceeds” from a Sale and Lease Back Transaction means cash payments received therefrom (including any cash payments
received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and proceeds from the
sale or other disposition of any securities received as consideration, all purchase price adjustments, earn-outs and contingency
payment obligations to which a seller may become entitled after the closing of such Sale and Lease Back Transaction and all holdbacks,
in each case, only as and when received in cash, but excluding any other consideration received in the form of assumption by the
acquiring Person of Indebtedness or other obligations relating to such properties or assets or received in any other non-cash
form), in each case net of (without duplication): (1) all legal, accounting, title and transfer or recording tax expenses, broker’s
fees or commissions and other fees and expenses (including, without duplication, any repatriation costs associated with receipt
by the applicable taxpayer of such proceeds) incurred, and all federal, state, provincial, foreign and local taxes (whether on
account of income, gains or otherwise) required to be accrued as a liability under GAAP, as a consequence of such Sale and Lease
Back Transaction; (2) all payments made on any Indebtedness which is secured by any assets subject to such Sale and Lease Back
Transaction, in accordance with the terms of any Lien upon or other security agreement of any kind with respect to such assets,
or which must by its terms, or in order to obtain a necessary consent to such Sale and Lease Back Transaction, or by applicable
law, be repaid out of the proceeds from such Sale and Lease Back Transaction; (3) the deduction of appropriate amounts provided
by the seller as a reserve, in accordance with GAAP, against any liabilities associated with the property or other assets disposed
in such Sale and Lease Back Transaction and retained by the Company or any Subsidiary after such Sale and Lease Back Transaction;
(4) any portion of the purchase price from a Sale and Lease Back Transaction placed in escrow in connection with that Sale and
Lease Back Transaction; provided, that upon the termination of that escrow, Net Proceeds will be increased by any portion of funds
in the escrow that are released to the Company or any Subsidiary; and (5) the amount of any purchase price adjustment, contingent
or deferred payment obligation that the Company and/or any Subsidiary is obligated to pay to another Person in connection with
a Sale and Lease Back Transaction.


 


“Note”
or “Notes” has the meaning specified in the fourth paragraph of the recitals of this Supplemental Indenture,
and shall include any Additional Notes issued pursuant to Section 2.01.


 


“Note
Guarantee” means the Guarantee by each Guarantor of the Company’s obligations under the Indenture and the
Notes, evidenced by the execution of this Supplemental Indenture or a supplemental indenture in the form of Exhibit B hereto by
such Guarantor.


 


“Obligations”
means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under
the documentation governing any Indebtedness, including interest accruing subsequent to the filing of a petition in a bankruptcy,
reorganization or similar proceeding at the rate provided for in the documentation with respect thereto, whether or not such interest
is an allowed claim under applicable state, federal or foreign law.


 






    15 


     


    

 


“Offering
Memorandum” means the offering memorandum dated March 8, 2021 relating to the offering of the Initial Notes .


 


“Original
Indenture” has the meaning specified in the first paragraph of this Supplemental Indenture.


 


“Outstanding”
with respect to the Notes, has the meaning specified in Section 2.9 of the Original Indenture with respect to Securities “outstanding,”
as modified by Section 2.02.


 


“Paying
Agent” has the meaning set forth in the Original Indenture, which shall initially be the Trustee, and shall be the
person authorized by the Company to pay the principal amount of, and premium and interest, if any, on, any Notes on behalf of
the Company.


 


“Permitted
Liens” means:


 


(1)       Liens
on assets of the Company or any of its Subsidiaries securing Indebtedness and other Obligations under Credit Facilities incurred
pursuant to this clause (1) not to exceed $4.0 billion;


 


(2)       Liens
in favor of the Company or the Guarantors;


 


(3)       Liens
on property, shares of stock or other assets of a Person existing at the time such Person becomes a Subsidiary of the Company
or is merged with or into or consolidated with the Company or any Subsidiary of the Company; provided that such Liens were
not created or incurred in contemplation of such Person becoming a Subsidiary of the Company or such merger or consolidation and
do not extend to any assets other than those of the Person that becomes a Subsidiary of the Company or the property, shares of
stock or other assets acquired in merger with or into or consolidation with the Company or any Subsidiary of the Company;


 


(4)       Liens
on property (including Capital Stock) or other assets existing at the time of acquisition of such property or assets by the Company
or any Subsidiary of the Company; provided that such Liens were in existence prior to such acquisition and not incurred
in contemplation of, such acquisition;


 


(5)       Liens
to secure the performance of statutory obligations, insurance, surety or appeal bonds, workers compensation obligations, performance
bonds or other obligations of a like nature incurred in the ordinary course of business (including Liens to secure letters of
credit issued to assure payment of such obligations) and any Liens in favor of, or required by contracts with, governmental entities;


 


(6)       Liens
to secure Indebtedness represented by mortgage financings or purchase money obligations;


 


(7)       Liens
existing on the Issue Date (with the exception of Liens securing the Credit Agreement on the Issue Date, which shall be deemed
to be incurred pursuant to clause (1) of this definition);


 






    16 


     


    

 


(8)       extensions,
renewals, alterations, refinancings or replacements of any Lien referred to in the preceding clauses (3) through (7) above; provided,
however, that (i) the principal amount of Indebtedness secured thereby shall not exceed the principal amount of Indebtedness
so secured at the time of such extension, renewal, alteration or replacement plus accrued and unpaid interest thereon together
with any reasonable fees, premiums (including tender premiums) and expenses relating to such extension, renewal, alteration or
replacement and (ii) such extension, renewal, alteration, refinancing or replacement shall be limited to all or a part of the
property or assets which secured the Lien so extended, renewed, altered or replaced (plus improvements on such property or assets);


 


(9)       Liens
for taxes, assessments or governmental charges or claims that are not yet overdue for a period of 30 days or that are being contested
in good faith by appropriate proceedings; provided that any reserve or other appropriate provision as is required in conformity
with GAAP has been made therefor;


 


(10)       Liens
imposed by law, such as carriers’, warehousemen’s, landlord’s and mechanics’ Liens, in each case, incurred
in the ordinary course of business;


 


(11)       survey
exceptions, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph
and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property that were not incurred
in connection with Indebtedness and that do not in the aggregate materially adversely affect the value of said properties or materially
impair their use in the operation of the business of such Person;


 


(12)       Liens
created for the benefit of (or to secure) the Notes (or the Note Guarantees);


 


(13)       Liens
on insurance policies and proceeds thereof, or other deposits, to secure insurance premium financings;


 


(14)       filing
of Uniform Commercial Code financing statements as a precautionary measure in connection with operating leases;


 


(15)       bankers’
Liens, rights of setoff, Liens arising out of judgments or awards not constituting an Event of Default and notices of lis pendens
and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate
reserves have been made;


 


(16)       Liens
on cash, Cash Equivalents or other property arising in connection with the defeasance, discharge or redemption of Indebtedness;


 


(17)       Liens
on specific items of inventory or other goods (and the proceeds thereof) of any Person securing such Person’s obligations
in respect of bankers’ acceptances issued or created in the ordinary course of business for the account of such Person to
facilitate the purchase, shipment or storage of such inventory or other goods;


 


(18)       (a)
leases, subleases, licenses or sublicenses granted to others in the ordinary course of business which do not materially interfere
with the ordinary conduct of the business of the Company or any of its Subsidiaries and do not secure any Indebtedness and (b)
grants of software and other technology licenses in the ordinary course of business;


 


(19)       Liens
arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into in the
ordinary course of business;


 


(20)       Liens
securing Indebtedness of Foreign Subsidiaries that relate solely to the Equity Interests or assets of Foreign Subsidiaries;


 






    17 


     


    

 


(21)       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 in the ordinary course of business;


 


(22)       Liens
(a) of a collection bank arising under Section 4-210 of the Uniform Commercial Code on items in the course of collection, (b)
attaching to commodity trading accounts or other brokerage accounts incurred in the ordinary course of business, and (c) in favor
of banking institutions arising as a matter of law encumbering deposits (including the right of set-off);


 


(23)       Liens
that are contractual rights of set-off (a) relating to pooled deposit or sweep accounts of the Company or any of its Subsidiaries
to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of the Company and its
Subsidiaries or (b) relating to purchase orders and other agreements entered into with customers of the Company or any of its
Subsidiaries in the ordinary course of business;


 


(24)       Liens
securing Hedging Obligations entered into in the ordinary course of business and not for speculative purposes; and


 


(25)       Liens
incurred in the ordinary course of business of the Company or any Subsidiary of the Company with respect to obligations that do
not exceed, as of any date of incurrence, the greater of (a) $150.0 million or (b) 5.5% of Total Assets.


 


For purposes
of determining compliance with this definition, (x) a Lien need not be incurred solely by reference to one category of Permitted
Liens described in this definition, but may be incurred under any combination of such categories (including in part under one
such category and in part under any other such category), (y) in the event that a Lien (or any portion thereof) meets the criteria
of one or more of such categories of Permitted Liens, the Company shall, in its sole discretion, classify or reclassify such Lien
(or any portion thereof) in any manner that complies with this definition and (z) Liens permitted to be incurred pursuant to Section
4.05 shall not be considered Permitted Liens under the Indenture.


 


“Person”
means any individual, corporation, partnership, joint venture, association, joint-stock company, trust, unincorporated organization,
limited liability company or government or other entity.


 


“Physical
Notes” means certificated Notes that are not in global form and are registered in the name of the Holder and issued
in denominations of $2,000 principal amount and integral multiples of $1,000 in excess thereof.


 


“Rating
Agencies” means Fitch, Moody’s and S&P, or if Fitch, Moody’s or S&P or each of them shall not
make a rating on the Notes publicly available, a nationally recognized statistical rating agency or agencies, as the case may
be, selected by the Company, which shall be substituted for Fitch, Moody’s or S&P, as the case may be.


 


“Ratings
Decline Period” means the period that (i) begins on the earlier of (a) a Change of Control or (b) the first public
notice of the intention by the Company to affect a Change of Control and (ii) ends 30 days following the consummation of such
Change of Control; provided that such period will be extended with respect to a series of notes so long as the rating of
the Notes of such series is under publicly announced consideration for a possible downgrade by two of the three Rating Agencies).


 






    18 


     


    

 


“Ratings
Event” means, with respect to any series of notes, (i) a downgrade by one or more gradations (including gradations
within ratings categories, as well as between rating categories) or withdrawal of the rating of the Notes of such series within
the Ratings Decline Period by two of the three Rating Agencies (unless the applicable Rating Agency shall have put forth a written
statement to the effect that such downgrade or withdrawal is not attributable in whole or in part to the applicable Change of
Control) and (ii) the Notes of such series do not have an Investment Grade rating from any Rating Agency.


 


“Registrar”
has the meaning specified in Section 2.4 of the Original Indenture with respect to the register with respect to the Notes.


 


“Regular
Record Date” means, with respect to the payment of interest on the Notes of each series, the March 1 (whether or
not a Business Day) immediately preceding an Interest Payment Date on March 15 and the September 1 (whether or not a Business
Day) immediately preceding an Interest Payment Date on September 15.


 


“S&P”
means S&P Global Ratings and its successors.


 


“Significant
Subsidiary” means any Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule
1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the Issue Date.


 


“Stated
Maturity” means, with respect to any installment of interest or principal on any series of Indebtedness, the date
on which the payment of interest or principal was scheduled to be paid in the documentation governing such Indebtedness as of
the Issue Date, and will not include any contingent obligations to repay, redeem or repurchase any such interest or principal
prior to the date originally scheduled for the payment thereof.


 


“Subsidiary”
means, with respect to any specified Person:


 


(1)       any
corporation, association or other business entity of which more than 50% of the total voting power of shares of Capital Stock
entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’
agreement that effectively transfers voting power) to vote in the election of directors, managers or trustees of the corporation,
association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more
of the other Subsidiaries of that Person (or a combination thereof); and


 


(2)       any
partnership or limited liability company of which (a) more than 50% of the capital accounts, distribution rights, total equity
and voting interests or general and limited partnership interests, as applicable, are owned or controlled, directly or indirectly,
by such Person or one or more of the other Subsidiaries of that Person or a combination thereof, whether in the form of membership,
general, special or limited partnership interests or otherwise, and (b) such Person or any Subsidiary of such Person is a controlling
general partner or otherwise controls such entity.


 


“Successor
Company” has the meaning specified in Section 5.02.


 


“Supplemental
Indenture” has the meaning specified in the first paragraph hereof.


 


“Surviving
Guarantor” has the meaning specified in Section 9.05.


 






    19 


     


    

 


“TIA”
means the Trust Indenture Act of 1939, as amended.


 


“Total
Assets” means the total assets of the Company and the Subsidiaries, as shown on the most recent balance sheet of
the Company for the then most recently ended fiscal quarter for which internal financial statements are available immediately
preceding the date of determination, with such adjustments to Total Assets as are consistent with the pro forma adjustment provisions
set forth in the definition of “Consolidated Net Secured Leverage Ratio.”


 


“Transaction
Costs” means the costs, fees, expenses and premiums associated with the Transactions.


 


“Transactions”
has the meaning set forth in the Offering Memorandum.


 


“Treasury
Rate” means, with respect to any redemption date with respect to any Note being redeemed pursuant to Section 3.03(b),
the yield to maturity as of the earlier of (a) such redemption date or (b) the date on which such notes are defeased or satisfied
and discharged of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal
Reserve Statistical Release H.15 (519) that has become publicly available at least two business days prior to the redemption date,
or the date of defeasance or satisfaction and discharge (or, if such Statistical Release is no longer published, any publicly
available source of similar market data)) most nearly equal to the period from the redemption date, or the date of defeasance
or satisfaction and discharge, to March 15, 2024, in the case of the 2029 Notes, or March 15, 2026, in the case of the 2031 Notes;
provided, however, that if the period from the redemption date, or the date of defeasance or satisfaction and discharge,
to March 15, 2024, in the case of the 2029 Notes, or March 15, 2026, in the case of the 2031 Notes, is less than one year, the
weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year will be
used.


 


“Trustee”
has the meaning set forth in the first paragraph of this Supplemental Indenture.


 


“U.S.”
means the United States of America.


 


“Voting
Stock” of any specified Person as of any date means the Capital Stock of such Person that is at the time entitled
to vote in the election of the Board of Directors of such Person.


 


“Wholly-Owned
Subsidiary” of any Person means a Subsidiary of such Person, 100% of the outstanding Capital Stock or other ownership
interests of which (other than directors’ qualifying shares) shall at the time be owned by such Person or by one or more
Wholly-Owned Subsidiaries of such Person.


 


ARTICLE
2.

THE Notes


 





Section
2.01           
Title and Terms; Payments.


 


There is hereby established
(i) a series of Securities designated the “3.750% Senior Notes due 2029” initially limited in aggregate principal
amount to $500,000,000 and (ii) a series of Securities designated the “of 4.000% Senior Notes due 2031” initially
limited in aggregate principal amount to $500,000,000, in each case, which amounts shall be as set forth in a Company Order for
the authentication and delivery of Notes pursuant to Section 2.3 of the Original Indenture.


 






    20 


     


    

 


The principal
amount of 2029 Notes then Outstanding shall be payable at the Stated Maturity of the 2029 Notes, which shall be March 15, 2029.
Interest on the 2029 Notes shall accrue at a rate of 3.750% per annum, from the Issue Date or from the most recent date on which
interest has been paid or duly provided for, until the principal thereof is paid or made available for payment. Interest shall
be payable semi-annually in arrears on each Interest Payment Date, beginning on September 15, 2021, to the person in whose name
a 2029 Note is registered on the Register at 5:00 p.m., New York City time, on the Regular Record Date immediately preceding the
applicable Interest Payment Date. Interest will be computed on the basis of a 360-day year composed of twelve 30-day months. If
any interest payment date, the maturity date, any redemption date, or any earlier required repurchase date of a 2029 Note falls
on a day that is not a Business Day, the required payment will be made on the next succeeding Business Day and no interest on
such payment will accrue in respect of the delay.


 


The principal
amount of 2031 Notes then Outstanding shall be payable at the Stated Maturity of the 2031 Notes, which shall be March 15, 2031.
Interest on the 2031 Notes shall accrue at a rate of 4.000% per annum, from the Issue Date or from the most recent date on which
interest has been paid or duly provided for, until the principal thereof is paid or made available for payment. Interest shall
be payable semi-annually in arrears on each Interest Payment Date, beginning on September 15, 2021, to the person in whose name
a 2031 Note is registered on the Register at 5:00 p.m., New York City time, on the Regular Record Date immediately preceding the
applicable Interest Payment Date. Interest will be computed on the basis of a 360-day year composed of twelve 30-day months. If
any interest payment date, the maturity date, any redemption date, or any earlier required repurchase date of a 2031 Note falls
on a day that is not a Business Day, the required payment will be made on the next succeeding Business Day and no interest on
such payment will accrue in respect of the delay.


 


The Company
may, at its election and without notice to or the consent of the Holders of the 2029 Notes, hereafter issue additional 2029 Notes
(“2029 Additional Notes”) under the Indenture with the same terms and with the same CUSIP numbers as
the 2029 Notes issued on the Issue Date (the “Initial 2029 Notes”) in an unlimited aggregate principal
amount. The Company may, at its election and without notice to or the consent of the Holders of the 2031 Notes, hereafter issue
additional 2031 Notes (“2031 Additional Notes” and, together with the 2029 Additional Notes, “Additional
Notes”) under the Indenture with the same terms and with the same CUSIP numbers as the 2031 Notes issued on the
Issue Date (the “Initial 2031 Notes” and, together with the Initial 2029 Notes, the “Initial
Notes”) in an unlimited aggregate principal amount. The 2029 Notes and such 2029 Additional Notes, if any, will
be treated as a single class for all purposes of the Indenture, including waivers, amendments, redemptions and offers to purchase;
provided that, if any such 2029 Additional Notes subsequently issued are not fungible for U.S. federal income tax purposes
or securities law purposes with any 2029 Notes previously issued, such 2029 Additional Notes shall trade separately from such
previously issued 2029 Notes under a separate CUSIP number but shall otherwise be treated as a single class with all other 2029
Notes issued under the Indenture. The 2031 Notes and such 2031 Additional Notes, if any, will be treated as a single class for
all purposes of the Indenture, including waivers, amendments, redemptions and offers to purchase; provided that, if any
such 2031 Additional Notes subsequently issued are not fungible for U.S. federal income tax purposes or securities law purposes
with any 2031 Notes previously issued, such 2031 Additional Notes shall trade separately from such previously issued 2031 Notes
under a separate CUSIP number but shall otherwise be treated as a single class with all other 2031 Notes issued under the Indenture.


 


Provisions
relating to the Notes are set forth in Appendix A hereto (the “Appendix”), which is hereby incorporated
in an expressly made a part of this Supplemental Indenture. The terms and provisions contained in the Appendix and the Notes shall
constitute, and are hereby expressly made, a part of this Supplemental Indenture, and the Company and the Trustee, by their execution
and delivery of this Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to
the extent any provision of any Note or any notation of Guarantees thereon conflicts with the express provisions of this Supplemental
Indenture, the provisions of this Supplemental Indenture shall govern and be controlling.


 






    21 


     


    

 


2029 Notes
issued in global form shall be substantially in the form of Exhibit A-1 attached hereto (including the Global Notes Legend).
2029 Notes issued in definitive form shall be substantially in the form of Exhibit A attached hereto (but without the Global
Notes Legend and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each 2029
Global Note shall represent such aggregate principal amount of the outstanding Notes as shall be specified therein and each shall
provide that it shall represent the aggregate principal amount of outstanding 2029 Notes from time to time endorsed thereon and
that the aggregate principal amount of outstanding 2029 Notes represented thereby may from time to time be reduced or increased,
as appropriate, to reflect exchanges and redemptions. Any endorsement of a 2029 Global Note to reflect the amount of any increase
or decrease in the aggregate principal amount of outstanding 2029 Notes represented thereby shall be made by the Trustee, the
Depositary or the Note Custodian, at the direction of the Trustee, in accordance with written instructions given by the Holder
thereof as required by Section 2.7 of the Original Indenture.


 


2031 Notes
issued in global form shall be substantially in the form of Exhibit A-2 attached hereto (including the Global Notes Legend).
2031 Notes issued in definitive form shall be substantially in the form of Exhibit B attached hereto (but without the Global
Notes Legend and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each 2031
Global Note shall represent such aggregate principal amount of the outstanding Notes as shall be specified therein and each shall
provide that it shall represent the aggregate principal amount of outstanding 2031 Notes from time to time endorsed thereon and
that the aggregate principal amount of outstanding 2031 Notes represented thereby may from time to time be reduced or increased,
as appropriate, to reflect exchanges and redemptions. Any endorsement of a 2031 Global Note to reflect the amount of any increase
or decrease in the aggregate principal amount of outstanding 2031 Notes represented thereby shall be made by the Trustee, the
Depositary or the Note Custodian, at the direction of the Trustee, in accordance with written instructions given by the Holder
thereof as required by Section 2.7 of the Original Indenture.


 


The Company
shall pay the principal of and interest on any Global Note in immediately available funds to the Depository or its nominee, as
the case may be, as the registered Holder of such Global Note. The Company, through the Paying Agent, shall make all payments
of principal, premium, if any, and interest, with respect to Physical Notes by wire transfer of immediately available funds to
the accounts specified by the Holders of the Physical Notes or, if no such account is specified, by mailing a check to each such
Holder’s registered address. The Company has initially designated the Trustee as its Paying Agent and its Registrar in respect
of the Notes. The Company may, however, change the Paying Agent or the Registrar for the Notes of any series without prior notice
to the Holders thereof, and the Company or one of its Subsidiaries may act as the Paying Agent or the Registrar for the Notes
of any series.


 


A Holder
may transfer or exchange Notes of any series at the office of the Registrar in accordance with Section 2.7 of the Original Indenture.


 


Section
2.02           
Repurchase and Cancellation.


 




To the extent permitted
by law, the Company may at any time and from time to time repurchase Notes in open market purchases or by tender at any price
or in negotiated transactions without giving prior notice to Holders. The Company shall surrender any Notes repurchased by the
Company to the Trustee for cancellation in accordance with Section 2.12 of the Original Indenture and any such Notes repurchased
by the Company shall be deemed to be no longer Outstanding. Any Notes surrendered for cancellation by the Company shall not be
reissued or resold.


 


ARTICLE
3.

redemption and prepayment


 


Section
3.01            Notice of Redemption.


 


(a)       Notwithstanding
Section 3.3 of the Original Indenture, notices of redemption will be delivered electronically in portable document format (“pdf”)
or mailed by first class mail at least 15 but not more than 60 days before the redemption date to each holder of notes to be redeemed
at its registered address or otherwise in accordance with the procedures of The Depository Trust Company ("DTC"),
except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection
with a defeasance of a series of Notes or a satisfaction and discharge of the Indenture.


 


Section
3.02           Effect of Notice of Redemption.


 


(a)       Notwithstanding
Section 3.4 of the Original Indenture, any notice of redemption with respect to a series of Notes may, at the Company’s
discretion, be subject to one or more conditions precedent, including, but not limited to, availability of borrowings under any
Credit Facility, completion of a sale of common stock or other securities offering or corporate transaction. Once notice of redemption
is provided in accordance with the Indenture, Notes called for redemption become irrevocably due and payable on the redemption
date at the redemption price, subject only to the satisfaction or waiver of any conditions precedent.


 


(b)       If
such notice of redemption is subject to satisfaction of one or more conditions precedent, such notice shall state that, in the
Company’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied
(which, for the avoidance of doubt, may be later than 60 days from the date such notice was delivered or mailed), or such redemption
may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the
redemption date, or by the redemption date so delayed.


 


Section
3.03           Optional Redemption.


 


(a)       At
any time prior to March 15, 2024, the Company may on any one or more occasions redeem (i) up to 40% of the aggregate principal
amount of 2029 Notes issued under this Supplemental Indenture (including any Additional 2029 Notes) at a redemption price equal
to 103.750% of the principal amount of the 2029 Notes redeemed, plus accrued and unpaid
interest, if any, to, but not including, the date of redemption (subject to the rights of Holders of 2029 Notes on the relevant
Regular Record Date to receive interest on the relevant Interest Payment date), with the net cash proceeds of an Equity Offering
and (ii) up to 40% of the aggregate principal amount of 2031 Notes issued under this Supplemental Indenture (including any Additional
2031 Notes) at a redemption price equal to 104.000% of the principal amount of the 2031
Notes redeemed, plus accrued and unpaid interest, if any, to, but not including, the date of redemption (subject to the rights
of Holders of 2031 Notes on the relevant Regular Record Date to receive interest on the relevant Interest Payment Date), with
the net cash proceeds of an Equity Offering; provided that:


 






    22 


     


    

 


(1)       at
least 60% of the aggregate principal amount of Notes of the series being redeemed originally issued under this Supplemental Indenture
(excluding Notes of the applicable series held by the Company and its Subsidiaries) remains outstanding immediately after the
occurrence of such redemption; and 


 


(2)       the
redemption occurs within 180 days of the date of the closing of such Equity Offering.


 


(b)       (i)
At any time prior to March 15, 2024, the Company may on any one or more occasions redeem
all or a part of the 2029 Notes at a redemption price equal to 100% of the principal amount of the 2029 Notes redeemed, plus the
2029 Applicable Premium as of, and accrued and unpaid interest, if any, to, but not including, the date of redemption, subject
to the rights of Holders of 2029 Notes on the relevant Regular Record Date to receive interest due on the relevant Interest Payment
Date; and (ii) at any time prior to March 15, 2026, the Company may on any one or more
occasions redeem all or a part of the 2031 Notes at a redemption price equal to 100% of the principal amount of the 2031 Notes
redeemed, plus the 2031 Applicable Premium as of, and accrued and unpaid interest, if any, to, but not including, the date of
redemption, subject to the rights of Holders of 2031 Notes on the relevant Regular Record Date to receive interest due on the
relevant Interest Payment Date.


 


(c)       Except
pursuant to Sections 3.03(a) and (b), the 2029 Notes will not be redeemable at the Company’s option prior to March 15, 2024
and the 2031 Notes will not be redeemable at the Company’s option prior to March 15, 2026. 


 


(d)       (i)
On or after March 15, 2024, the Company may on any one or more occasions redeem all or a part of the 2029 Notes at the redemption
prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the 2029 Notes
redeemed, to, but not including, the applicable date of redemption, if redeemed during the twelve-month period beginning on March
15 of the years indicated below, subject to the rights of Holders of Notes on the relevant Regular Record Date to receive
interest due on the relevant Interest Payment Date:


 


	Year	Percentage
	2024	101.875%
	2025	100.938%
	2026 and thereafter	100.000%


  


(ii) On
or after March 15, 2026, the Company may on any one or more occasions redeem all or a part of the 2031 Notes at the redemption
prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the 2031 Notes
redeemed, to, but not including, the applicable date of redemption, if redeemed during the twelve-month period beginning on March
15 of the years indicated below, subject to the rights of Holders of Notes on the relevant Regular Record Date to receive
interest due on the relevant Interest Payment Date:


 


	Year	Percentage
	2026	102.000%
	2027	101.333%
	2028	100.667%
	2029 and thereafter	100.000%


  






    23 


     


    

 


Unless the
Company defaults in the payment of the redemption price, interest will cease to accrue on the Notes of the series being redeemed
or portions thereof called for redemption on the applicable redemption date.


 


(e)       If
less than all of the Notes of a series are to be redeemed at any time, the Trustee will
select Notes of such series for redemption on a pro rata basis or, in the case of Global Notes of such series, based on
a method that most nearly approximates a pro rata selection as the Trustee deems fair and appropriate and in accordance
with the applicable procedures of the Depository unless otherwise required by law or applicable stock exchange or depositary requirements.


 


(f)       No
Notes of $2,000 or less shall be redeemed in part.


 


(g)      Any
redemption pursuant to this Section 3.03 shall be made pursuant to the provisions of Sections 3.01 and 3.02 hereof and Sections
3.1, 3.3, 3.5 and 3.6 of the Original Indenture.


 


(h)       Notwithstanding
the foregoing, in connection with any tender offer for the Notes of any series, including a Change of Control Offer, if Holders
of not less than 90% in aggregate principal amount of the outstanding notes of such series validly tender and do not withdraw
such notes in such tender offer and the Company or any third party making such tender offer in lieu of the Company, purchases
all of the Notes of such series validly tendered and not withdrawn by such holders, the Company or such third party will have
the right upon not less than 15 nor more than 60 days’ prior notice, given not more than 15 days following such purchase
date, to redeem all notes of such series that remain outstanding following such purchase at a redemption price equal to the price
offered to each other holder in such tender offer plus, to the extent not included in the tender offer payment, accrued and unpaid
interest, if any, thereon, to, but not including, the date of such redemption.


 


(i)       If
any Note of any series is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion
of the principal amount of that Note that is to be redeemed. No notes of $2,000 or less in principal amount will be redeemed in
part. A new Note of such series in principal amount equal to the unredeemed portion of the original Note will be issued in the
name of the Holder of Notes of such series upon cancellation of the original Note. Notes of any series called for redemption become
due on the date fixed for redemption, unless such redemption is conditioned on the happening of a future event. On the redemption
date, interest ceases to accrue on Notes of the applicable series or portions of Notes of the applicable series redeemed unless
the Company defaults in paying the applicable redemption price.


 


Section
3.04           Mandatory Redemption.


 


The Company
is not required to make mandatory redemption or sinking fund payments with respect to the Notes.


 


ARTICLE
4.

COvenants


 


Section
4.01          Reports.


 


(a)       Whether
or not required by the rules and regulations of the SEC, so long as any Notes are outstanding, the Company shall provide to the
Trustee copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of
the foregoing as the SEC may from time to time by rules and regulations prescribe) that the Company would be required to file
with the SEC pursuant to Section 13 or Section 15(d) of the Exchange Act, subject to the next succeeding paragraph. The Company
shall be deemed to have complied with the previous sentence to the extent that such information, documents and reports are filed
with the SEC via EDGAR, or any successor electronic delivery procedure.


 






    24 


     


    

 


(b)       If,
at any time, the Company is no longer subject to the periodic reporting requirements of the Exchange Act for any reason, with
respect to the information, documents and reports provided for in the immediately preceding paragraph: (i) with respect to current
reports on Form 8-K under the SEC’s rules and regulations, the Company shall be required to provide only current reports
containing substantially all of the information that would be required to be filed in a current report on Form 8-K under the Exchange
Act on the Issue Date pursuant to Sections 1, 2 and 4, Items 5.01, 5.02(a)-(c) (other than compensation information) and Item
9.01 (only to the extent relating to any of the foregoing) of Form 8-K, provided, however, that no such current reports
(or Items thereof or all or a portion of the financial statements that would have otherwise been required thereby) will be required
to be provided (or included) if the Company determines in its good faith judgment that such event (or information) is not material
to Holders of the notes or to the business, assets, operations or financial position of the Company and its Subsidiaries, taken
as a whole; (ii) such information, documents and reports shall, in each case, be subject to exceptions and exclusions consistent
with the presentation of financial and other information in this offering memorandum, including with respect to the omission of
financial statements or financial information required by Rules 3-09 or 3-10 under Regulation S-X promulgated by the SEC (or any
successor provision), Compensation Discussion and Analysis otherwise required by Regulation S-K Item 402(b), and information otherwise
required by Section 404 of the Sarbanes-Oxley Act of 2002; (iii) trade secrets and other confidential information that is competitively
sensitive in the good faith and reasonable determination of the Company may be excluded from any information, documents and reports;
(iv) in no event will such information, documents and reports will contain compensation or beneficial ownership information; and
(v) in no event will such information, documents and reports be required to comply with Regulation G under the Exchange Act or
Item 10(e) of Regulation S-K promulgated by the SEC with respect to any non-GAAP financial measures contained therein.


 


(c)       If
any direct or indirect parent company of the Company becomes a Guarantor, the Company may satisfy its obligations in this Section
4.01 with respect to financial information relating to the Company by furnishing financial information relating to such other
parent Guarantor; provided that if and so long as such parent Guarantor shall have Independent Assets or Operations (as defined
below), the same is accompanied by consolidating information that explains in reasonable detail the differences between the information
relating to such parent Guarantor, on the one hand, and the information relating to the Company and its Subsidiaries on a standalone
basis, on the other hand. “Independent Assets or Operations” means, with respect to any such parent Guarantor, that
such parent Guarantor’s total assets or revenues, determined in accordance with GAAP and as shown on the most recent financial
statements of such parent Guarantor, is more than 3.0% of such parent Guarantor’s corresponding consolidated amount.


 


(d)       Notwithstanding
anything herein to the contrary, in the event that the Company fails to comply with its obligation to file or provide such information,
documents and reports as required hereunder, the Company will be deemed to have cured such Default with respect to the Notes for
purposes of Section 6.01(4) upon the filing or provision of all such information, documents and reports required hereunder prior
to the expiration of 90 days after written notice to the Company of such failure from the Trustee or the Holders of at least 25%
of the principal amount of the Notes.


 






    25 


     


    

 


(e)       The
Trustee shall have no responsibility whatsoever to monitor whether any filing or posting contemplated by this Section 4.01 has
occurred. Delivery of any reports, information or documents pursuant to this Section 4.01 is for informational purposes only and
the Trustee’s receipt of such shall not constitute constructive or actual notice of any information contained therein or
determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder
(as to which the Trustee is entitled to rely exclusively on Officer’s Certificates).


 


Section
4.02          [RESERVED].


 


Section
4.03          Liens.


 


(a)       Except
as permitted under Section 4.05, the Company will not, and will not permit any of its Subsidiaries to, create, incur, assume or
otherwise cause or suffer to exist or become effective any Lien of any kind (other than Permitted Liens) securing Indebtedness
upon any of their property or assets, now owned or hereafter acquired, unless (1) in the case of any Lien securing pari passu
Indebtedness, the Notes are secured by a Lien that is senior in priority to or pari passu with such Lien and (2) in
the case of any Lien securing subordinated Indebtedness, the Notes are secured by a Lien that is senior in priority to such Lien.


 


(b)       Any
Lien created for the benefit of the Holders of the Notes pursuant to Section 4.03(a) will provide by its terms that any such Lien
shall be automatically and unconditionally released and discharged upon the release and discharge of the Lien on such other Indebtedness,
without any further action required of the Company, any Subsidiary or the Trustee.


 


(c)       The
expansion of Liens by virtue of accrual of interest, the accretion of accreted value, the payment of interest or dividends in
the form of additional Indebtedness, amortization of original issue discount and increases in the amount of Indebtedness outstanding
solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness
will not be deemed to be an incurrence of Liens for purposes of this Section 4.03.


 


(d)       For
purposes of determining compliance with this Section 4.03, (i) a Lien need not be incurred solely by reference to one category
of Permitted Liens but may be incurred under any combination of such categories (including in part under one such category and
in part under any other such category) and (ii) in the event that a Lien (or any portion thereof) meets the criteria of one or
more of such categories of Permitted Liens or may be incurred in compliance with the terms described under Section 4.03, the Company
shall, in its sole discretion, classify or may subsequently reclassify at any time such Lien (or any portion thereof) in any manner
that complies with this Section 4.03 (including by complying with the terms described under Section 4.05) and the definition of
Permitted Liens.


 


Section
4.04           Offer to Repurchase Upon Change of Control Triggering Event.


 


(a)       If
a Change of Control occurs and is accompanied by a Ratings Events with respect to a series of
Notes (together, a “Change of Control Triggering Event”), each Holder of Notes of such series
will have the right to require the Company to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in
excess thereof) of that Holder’s Notes of such series pursuant to an offer by the Company (a “Change of Control
Offer”) on the terms set forth in this Supplemental Indenture. In the Change of Control Offer, the Company will
offer a payment in cash equal to 101% of the aggregate principal amount of Notes of such series repurchased, plus accrued and
unpaid interest, if any, on the Notes of such series repurchased to, but not including, the date of purchase (the “Change
of Control Payment”), subject to the rights of Holders of Notes on the relevant record date to receive interest
due on the relevant interest payment date. Within thirty days following any Change of Control Triggering Event with respect to
a series of Notes, the Company will deliver electronically in pdf format or mail a notice to each Holder of Notes of such series
with a copy to the Trustee or otherwise in accordance with the procedures of DTC describing the transaction or transactions that
constitute the Change of Control Triggering Event and offering to repurchase Notes of such series on the date specified in the
notice, which date will be no earlier than 30 days and no later than 60 days from the date such notice is mailed or otherwise
delivered (a “Change of Control Payment Date”), pursuant to the procedures required by the Indenture
and described in such notice. The Company will comply with the requirements of Rule 14e-1 under the Exchange Act and any other
securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase
of the Notes of any series as a result of a Change of Control Offer. To the extent that the provisions of any securities laws
or regulations conflict with the Change of Control Offer provisions of the Indenture, the Company will comply with the applicable
securities laws and regulations and will not be deemed to have breached its obligations under the Change of Control Offer provisions
of the Indenture by virtue of such compliance.


 






    26 


     


    

 


(b)       On
the Change of Control Payment Date, the Company will, to the extent lawful:


 


(1)       accept
for payment all Notes or portions of Notes properly tendered pursuant to the Change of Control Offer;


 


(2)       deposit
with the Paying Agent an amount equal to the Change of Control Payment in respect of all Notes or portions of Notes properly tendered;
and 


 


(3)       deliver
or cause to be delivered to the Trustee the Notes properly accepted together with an Officer’s Certificate stating the aggregate
principal amount of Notes or portions of Notes being repurchased by the Company. 


 


The Paying
Agent will promptly send to each Holder of Notes properly tendered the Change of Control Payment for such Notes, and the Trustee
will promptly, upon receipt of a Company Order, authenticate and mail (or cause to be transferred by book entry in accordance
with the applicable procedures of DTC) to each Holder a new Note of the applicable series equal in principal amount to any unpurchased
portion of the Notes of such series surrendered, if any. The Company will publicly announce the results of the Change of Control
Offer on or as soon as practicable after the Change of Control Payment Date.


 


(c)       The
Company will not be required to make a Change of Control Offer with respect to a series of Notes upon a Change of Control Triggering
Event if:


 


(1)       a
third party makes the Change of Control Offer with respect to such series in the manner, at the times and otherwise in compliance
with the requirements set forth in the Indenture applicable to a Change of Control Offer made by the Company and purchases all
Notes of such series properly tendered and not withdrawn under the Change of Control Offer; provided, however, in
the event that such third party terminates, or defaults under, its offer, the Company will be required to make a Change of Control
Offer with respect to such series treating the date of such termination or default as though it were the date of the Change of
Control Triggering Event; or 


 


(2)       notice
of redemption with respect to such series has been given pursuant to the Indenture as described
above under Section 3.03, unless and until there is a default in payment of the applicable redemption price.


 


(d)       Notwithstanding
anything to the contrary contained in this Section 4.04, a Change of Control Offer with respect to a series of Notes may be made
in advance of a Change of Control Triggering Event, conditioned upon such Change of Control Triggering Event, if a definitive
agreement is in place for the Change of Control at the time the Change of Control Offer is made.


 






    27 


     


    

 


Section
4.05            Exempted Transactions.


 


(a)       Notwithstanding
Sections 4.03 and 4.07, the Company and any Subsidiary may (1) create, incur or assume any Lien upon any property or assets, or
(2) consummate any Sale and Lease Back Transaction if: (i) the aggregate outstanding principal amount of all secured Indebtedness
for borrowed money of the Company and its Subsidiaries that is secured by Liens on any of their property or assets, now owned
or hereafter acquired (which amount shall exclude Indebtedness secured by Liens incurred pursuant to clauses (2) through (24)
of the definition of Permitted Liens), plus (ii) the aggregate Attributable Indebtedness in respect of Sale and Lease Back Transactions
that is subject to the restriction on Sale and Lease Back Transactions described above does not exceed an amount that would cause
the Consolidated Net Secured Leverage Ratio for the period immediately preceding the creation, incurrence or assumption of such
a Lien or consummation of such Sale and Lease Back Transaction, as applicable, to be greater than 3.50 to 1.00, calculated on
a pro forma basis after giving effect to the creation, incurrence or assumption of such Lien described above and/or such Attributable
Indebtedness in respect of Sale and Lease Back Transactions that is subject to the restriction on Sale and Lease Back Transactions
described above. The Company and any Subsidiary may guarantee any Lien created, incurred or assumed and any Sale and Lease Back
Transaction consummated, in each case, in compliance with the terms described in this paragraph.


 


(b)       In
the event any Lien is created, incurred or assumed or any Sale and Lease Back Transaction is consummated, in each case, in reliance
upon compliance with the Consolidated Net Secured Leverage Ratio described above, concurrently with creation, incurrence or assumption
of any Permitted Lien, then solely for purposes of calculating the Consolidated Net Secured Leverage Ratio at such time (but,
for the avoidance of doubt, not in any subsequent calculation of the Consolidated Net Secured Leverage Ratio at a subsequent time),
the Consolidated Net Secured Leverage Ratio will be calculated without regard to the creation, incurrence or assumption of any
such Permitted Lien.


 


Section
4.06            Additional Note Guarantees.


 


If the Company
or any of its Subsidiaries acquires or creates another Domestic Subsidiary that is a Wholly-Owned Subsidiary after the Issue Date
that guarantees or otherwise becomes an obligor with respect to any Indebtedness of the Company or any of its Subsidiaries under
a Credit Facility, then such Domestic Subsidiary will become a Guarantor and execute a supplemental indenture and deliver an Opinion
of Counsel to the Trustee within 45 Business Days of the date such Domestic Subsidiary guarantees or otherwise becomes an obligor
with respect to any Indebtedness of the Company or any of its Subsidiaries under a Credit Facility; provided that any such
Domestic Subsidiary that constitutes an Immaterial Subsidiary need not become a Guarantor until such time as it ceases to be an
Immaterial Subsidiary. Each Note Guarantee of a Domestic Subsidiary that is a Wholly-Owned Subsidiary will provide by its terms
that it will be automatically released under the circumstances described in Article 9. Beginning on the Fall Away Date with respect
to a series of Notes and continuing at all times thereafter regardless of any subsequent changes in the ratings of the Notes of
such series, this Section 4.06 will permanently cease to be in effect with respect to the Notes of such series.


 


The Company
may elect, in its sole discretion, to cause any Subsidiary that is not otherwise required to be a Guarantor to become a Guarantor,
in which case such Subsidiary shall not be required to comply with the 45 Business Day period described above.


 






    28 


     


    

 


Section
4.07           Sale and Leaseback Transactions.


 


(a)       Except
as permitted under Section 4.05, the Company will not, and will not permit any of its Subsidiaries to, engage in the sale or transfer
by the Company or any Subsidiary of any property to a Person (other than the Company or a Subsidiary) and the taking back by the
Company or such Subsidiary, as the case may be, of a lease of such property (a “Sale and Leaseback Transaction”)
unless:


 


(1)       the
Company or such Subsidiary could incur Indebtedness secured by a Lien on the property to be leased without equally and ratably
securing the Notes;


 


(2)       the
property leased pursuant to such arrangement is sold for a price at least equal to such property’s fair value (as determined
by the Company in good faith); or


 


(3)       within
365 days of the effective date of any such Sale and Lease Back Transaction, the Company applies the Net Proceeds of the sale of
the leased property, less the amount of Net Proceeds used to prepay, redeem or purchase the Notes, (i) to the prepayment or retirement
of Indebtedness of the Company and its Subsidiaries (which may include the Notes) and/or (ii) the acquisition, construction or
improvement of any property or assets.


 


ARTICLE
5.

successors


 


Section
5.01           Merger, Consolidation or Sale of Assets.


 


The provisions
in Article V of the Original Indenture shall not apply with respect to the Notes, and this Article 5 supersedes the entirety
thereof.


 


(a)       The
Company will not, directly or indirectly: (1) consolidate or merge with or into another Person (whether or not the Company is
the surviving corporation), or (2) sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of the
properties or assets of the Company and its Subsidiaries taken as a whole, in one or more related transactions, to another Person,
unless:


 


(1)       either:



 


(A)       the
Company is the surviving corporation; or 


 


(B)       the
Person formed by or surviving any such consolidation or merger (if other than the Company) or to which such sale, assignment,
transfer, lease, conveyance or other disposition has been made (the “Successor Company”) is an entity
organized or existing under the laws of the United States, any state of the United States, District of Columbia or any territory
thereof; and, if such entity is not a corporation, a co-obligor of the Notes is a corporation organized or existing under any
such laws; 


 


(2)       the
Successor Company (if other than the Company) assumes all the obligations of the Company under
the Notes and this Supplemental Indenture pursuant to a supplemental indenture substantially in the form attached hereto as Exhibit
B, or, in each case, pursuant to other documents or instruments satisfactory to the Trustee; and


 


(3)       immediately
after such transaction, no Default or Event of Default exists. 


 






    29 


     


    

 


(b)       The
Successor Company will succeed to, and be substituted for, the Company under the Indenture and the Notes and the Company will
automatically be released and discharged from its obligations under the Indenture and the Notes, but in the case of a lease of
all or substantially all of the properties and assets of the Company and its Subsidiaries taken as a whole, the Company will not
be released from the obligation to pay the principal of and interest on the Notes.


 


(c)       Notwithstanding
clause (3) of Section 5.01(a),


 


(1)       the
Company or any Subsidiary may consolidate or amalgamate with or merge with or into or transfer all or part of its properties and
assets to the Company or another Subsidiary, and


 


(2)       the
Company may merge with or into an Affiliate solely for the purpose of reincorporating the Company in another jurisdiction.


 


Section
5.02           Successor Corporation Substituted.


 


In case of
any such consolidation, merger, sale, conveyance, transfer, lease or other disposition set forth in Section 5.01, in which the
Company is not the Successor Company and upon the assumption by the Successor Company by supplemental indenture executed and delivered
to the Trustee of the due and punctual payment of the principal of and interest on all of the Notes, and the due and punctual
performance and observance of all of the covenants and conditions of this Supplemental Indenture to be performed or satisfied
by the Company, such Successor Company shall succeed to, and be substituted for, and may exercise every right and power of, the
Company under this Supplemental Indenture, with the same effect as if it had been named herein as the party of this first part,
and the Company shall be discharged from its obligations under the Notes and this Supplemental Indenture, except in the case of
any such lease, as provided in Section 5.01(b). Such Successor Company thereupon may cause to be signed, and may issue either
in its own name or in the name of the Company any or all of the Notes, issuable hereunder that theretofore shall not have been
signed by the Company and delivered to the Trustee; and, upon the order of such Successor Company instead of the Company and subject
to all the terms, conditions and limitations in this Supplemental Indenture prescribed, the Trustee shall, upon receipt of a Company
Order, authenticate and shall deliver, or cause to be authenticated and delivered, any Notes that previously shall have been signed
and delivered by the officers of the Company to the Trustee for authentication, and any Notes that such Successor Company thereafter
shall cause to be signed and delivered to the Trustee for that purpose. All the Notes so issued shall in all respects have the
same legal rank and benefit under this Supplemental Indenture as the Notes theretofore or thereafter issued in accordance with
the terms of this Supplemental Indenture as though all of such Notes had been issued at the date of the execution hereof. In the
event of any such consolidation, merger, sale, conveyance, transfer or other disposition upon compliance with this Article 5
the person named as the “Company” in the first paragraph of this Supplemental Indenture or any successor that shall
thereafter have become such in the manner prescribed in this Article 5 may be dissolved, wound up and liquidated at any time
thereafter and such person shall be discharged from its liabilities as obligor and maker of the Notes and from its obligations
under this Supplemental Indenture with respect to the Notes.


 


Section
5.03           
Opinion of Counsel to Be Given to Trustee.


 


Prior
to execution of any supplemental indenture pursuant to this Article 5, the Trustee shall receive an Officer’s Certificate
and an Opinion of Counsel in accordance with Section 12.4 of the Original Indenture as conclusive evidence that consolidation,
merger, sale, conveyance, transfer, lease or other disposition set forth in Section 5.01 and any such assumption complies with
the provisions of this Article 5.


 






    30 


     


    

 


ARTICLE
6.

default and remedies


 





Section
6.01           
Events of Default.


 


Sections 6.7, 6.9, 6.10 and 6.11
in Article VI of the Original Indenture shall apply with respect to the Notes, and this Article 6 supersedes the remaining sections
thereof.


 


Each of the
following events shall be an “Event of Default” wherever used herein with respect to the Notes of any series,
and, except to the extent set forth in this Section 6.01, the Notes of such series shall not have the benefit of any “Event
of Default” specified in Section 6.1 of the Original Indenture:


 


(1)       default
for 30 days in the payment when due of interest on the Notes of such series;


 


(2)       default
in the payment when due (at maturity, upon redemption or otherwise) of the principal of, or premium, if any, on, the Notes of
such series;


 


(3)       failure
by the Company or any of its Subsidiaries to comply with the provisions described under Article 5 for 30 days after notice to
the Company by the Trustee or the Holders (and to the Trustee if given by Holders) of at least 25% in aggregate principal amount
of the Notes of such series then outstanding;


 


(4)       failure
by the Company or any of its Subsidiaries for 60 days (90 days in the case of the provisions set forth in Section 4.01 hereof)
after notice to the Company by the Trustee or the Holders of at least 25% in aggregate principal amount of the Notes of
such series then outstanding (and to the Trustee if given by Holders) to comply with any of the other agreements in the
Indenture;


 


(5)       default
with respect to any mortgage, agreement or other instrument under which there may be outstanding, or by which may be secured or
evidenced any Indebtedness for money borrowed in excess of $100.0 million in the aggregate by the Company or any of its Subsidiaries,
whether such Indebtedness or Guarantee now exists, or is created after the Issue Date, if that default:


 


(a)       constitutes
a failure to pay the principal or interest of any such Indebtedness or Guarantee when due and payable at its Stated Maturity,
upon required repurchase, upon declaration or otherwise (subject to any applicable grace period); or 


 


(b)       results
in such Indebtedness becoming or being declared due and payable;


 


(6)       failure
by the Company or any of its Subsidiaries to pay final judgments entered by a court or courts of competent jurisdiction aggregating
in excess of $100.0 million, which judgments are not paid, discharged or stayed, for a period of 60 days; 


 






    31 


     


    

 


(7)       prior
to the Fall Away Date with respect to such series of Notes, except as permitted by the
Indenture, any Note Guarantee of any Guarantor with respect to such series that is a Significant Subsidiary (or any group of Guarantors
that, taken together, as of the latest audited consolidated financial statements for the Company would constitute a Significant
Subsidiary) is held in any judicial proceeding to be unenforceable or invalid or ceases for any reason to be in full force and
effect, or any Guarantor that is a Significant Subsidiary, or any group of Guarantors that, taken together, would constitute a
Significant Subsidiary, or any Person acting on behalf of any such Guarantor or group of Guarantors, denies or disaffirms its
obligations under its Note Guarantee with respect to such series; and


 


(8)       the
Company or any of its Subsidiaries that is a Significant Subsidiary or any group of Subsidiaries of the Company that, taken together,
would constitute a Significant Subsidiary:


 


(a)       commences
a voluntary case,


 


(b)       consents
to the entry of an order for relief against it in an involuntary case,


 


(c)       consents
to the appointment of a custodian of it or for all or substantially all of its property,


 


(d)       makes
a general assignment for the benefit of its creditors, or


 


(e)       generally
is not paying its debts as they become due


 


in
each case, pursuant to or within the meaning of Bankruptcy Law; or


 


(9)       a
court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:


 


(a)       is
for relief against the Company or any of its Subsidiaries that is a Significant Subsidiary or any group of Subsidiaries of the
Company that, taken together, would constitute a Significant Subsidiary in an involuntary case;


 


(b)       appoints
a custodian of the Company or any of its Subsidiaries that is a Significant Subsidiary or any group of Subsidiaries of the Company
that, taken together, would constitute a Significant Subsidiary or for all or substantially all of the property of the Company
or any of its Subsidiaries that is a Significant Subsidiary or any group of Subsidiaries of the Company that, taken together,
would constitute a Significant Subsidiary; or


 


(c)       orders
the liquidation of the Company or any of its Subsidiaries that is a Significant Subsidiary or any group of Subsidiaries of the
Company that, taken together, would constitute a Significant Subsidiary;


 


and the order or decree
remains unstayed and in effect for 60 consecutive days.


 


So long as
any of the Notes are outstanding, the Company will deliver to the Trustee, within 30 days of any Officer becoming aware of any
Default or Event of Default that is continuing, an Officer’s Certificate specifying such Default or Event of Default and
what action the Company is taking or proposes to take with respect thereto.


 


Section
6.02           Acceleration.


 






    32 


     


    

 


In the case
of an Event of Default with respect to a series of Notes specified in clause (8) or (9) of Section 6.01, with respect to the Company,
any Subsidiary of the Company that is a Significant Subsidiary or any group of Subsidiaries of the Company that, taken together,
would constitute a Significant Subsidiary, all outstanding Notes of such series will become due and payable immediately without
further action or notice. If any other Event of Default with respect to a series of Notes occurs and is continuing, the Trustee
or the Holders of at least 25% in aggregate principal amount of the then outstanding Notes of such series may declare all the
Notes of such series to be due and payable immediately. Upon any such declaration, the Notes
shall become due and payable immediately. 


 


The Holders
of a majority in aggregate principal amount of the then outstanding Notes of a series by written notice to the Trustee may, on
behalf of all of the Holders of all the Notes of such series, rescind an acceleration with respect to such series and its consequences
under the Indenture, if the rescission would not conflict with any judgment or decree of a court of competent jurisdiction, except
a continuing Default or Event of Default in the payment of principal of, premium on, if any, or interest on, if any, the Notes
of such series.


 


Section
6.03           Other Remedies.


 


If an Event
of Default with respect to a series of Notes occurs and is continuing, the Trustee may pursue any available remedy to collect
the payment of principal of, premium on, if any, or interest, if any, on, the Notes of such series or to enforce the performance
of any provision of the Notes of such series or the Indenture.


 


The Trustee
may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A delay
or omission by the Trustee or any Holder of a Note in exercising any right or remedy accruing upon an Event of Default shall not
impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All remedies are cumulative to the
extent permitted by law.


 


Section
6.04            Waiver of Past Defaults.


 


The Holders
of a majority in aggregate principal amount of the then outstanding Notes of a series by written notice to the Trustee may, on
behalf of the Holders of all of the Notes of such series waive any existing Default or Event of Default with respect to such series
and its consequences hereunder, except a continuing Default or Event of Default in the payment of principal of, premium on, if
any, or interest on, the Notes of such series (including in connection with an offer to purchase); provided, however, that
the Holders of a majority in aggregate principal amount of the then outstanding Notes of a series may rescind an acceleration
with respect to such series and its consequences, including any related payment default that resulted from such acceleration.
Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been
cured for every purpose of the Indenture with respect to the Notes of such series; but no such waiver shall extend to any subsequent
or other Default or impair any right consequent thereon.


 


In the event
of any Event of Default specified in Section 6.01(5) with respect to a series of Notes, such Event of Default with respect to
such series and all consequences thereof (excluding any resulting payment default, other than as a result of acceleration of the
Notes of such series) shall be annulled, waived and rescinded, automatically and without any action by the Trustee or the Holders,
if within 20 days after such Event of Default arose: (1) the Indebtedness or Note Guarantee that is the basis for such Event of
Default has been discharged; or (2) Holders thereof have rescinded or waived the acceleration, notice or action (as the case may
be) giving rise to such Event of Default; or (3) the default that is the basis for such Event of Default has been cured.


 






    33 


     


    

 


Section
6.05           Control by Majority.


 


Holders of
a majority in principal amount of the then outstanding Notes of the applicable series may direct the time, method and place of
conducting any proceeding for exercising any remedy available to the Trustee or of exercising any trust or power conferred on
it with respect to such series of Notes. The Trustee, however, may refuse to follow any direction that conflicts with law or the
Indenture that the Trustee determines is unduly prejudicial to the rights of any other Holders (it being understood that the Trustee
does not have the affirmative duty to ascertain whether or not any such directions are unduly prejudicial to such Holders) of
a Note or that could result in personal liability for the Trustee.


 


Section
6.06            Limitation on Suits.


 


In case an
Event of Default occurs and is continuing with respect to a series of Notes, the Trustee will be under no obligation to exercise
any of the rights or powers under the Indenture at the request or direction of any Holders of Notes of such series unless such
Holders have offered to the Trustee indemnity or security satisfactory to the Trustee against any loss, liability or expense.
Except to enforce the right to receive payment of principal, premium, if any, or interest, when due, no Holder of a Note of any
series may pursue any remedy with respect to the Indenture or the Notes of such series unless:


 


		(1)	such Holder has previously given
                                         the Trustee written notice that an Event of Default is continuing;



 


		(2)	Holders of at least 25% in aggregate
                                         principal amount of the then outstanding Notes of such series make a written request
                                         to the Trustee to pursue the remedy;



 


		(3)	such Holder or Holders offer and,
                                         if requested, provide to the Trustee security or indemnity satisfactory to the Trustee
                                         against any loss, liability or expense;



 


		(4)	the Trustee does not comply with
                                         such request within 60 days after receipt of the request and the offer of security
                                         or indemnity; and



 


		(5)	during such 60-day period, Holders
                                         of a majority in aggregate principal amount of the then outstanding Notes of such series
                                         do not give the Trustee a direction inconsistent with such request.



 


Section
6.07           Collection Suit by Trustee.


 


If an Event
of Default specified in Section 6.01(1) or (2) hereof occurs and is continuing with respect to a series of Notes, the Trustee
is authorized to recover judgment in its own name and as Trustee of an express trust against the Company for the whole amount
of principal of, premium on, if any, and interest remaining unpaid on, the Notes of such series and interest on overdue principal
and, to the extent lawful, interest and 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.


 






    34 


     


    

 


ARTICLE
7.

LEGAL DEFEASANCE AND COVENANT DEFEASANCE


 


Section
7.01           Option to Effect Legal Defeasance or Covenant Defeasance.


 


The provisions
in Article VIII of the Original Indenture shall not apply with respect to the Notes, and this Article 7 supersedes the entirety
thereof. The Company may at any time, at the option of its Board of Directors evidenced by a resolution set forth in an Officer’s
Certificate, elect to have either Section 7.02 or 7.03 hereof be applied to all outstanding Notes of any series upon compliance
with the conditions set forth below in this Article 7.


 


Section
7.02            Legal Defeasance and Discharge.


 


Upon the
Company’s exercise under Section 7.01 hereof of the option applicable to this Section 7.02, the Company and each of the
Guarantors will, subject to the satisfaction of the conditions set forth in Section 7.04 hereof, be deemed to have been discharged
from their obligations with respect to the Indenture and all outstanding Notes of a series (including the Note Guarantees of such
series) on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”).
For this purpose, Legal Defeasance means that the Company and the Guarantors will be deemed to have paid and discharged the entire
Indebtedness represented by the outstanding Notes of such series (including the Note Guarantees of such series), which will thereafter
be deemed to be “outstanding” only for the purposes of Section 7.05 hereof and the other Sections of this Supplemental
Indenture referred to in clauses (1) and (2) below, and to have satisfied all their other obligations under such Notes, the related
Note Guarantees and the Indenture (and the Trustee, on demand of and at the expense of the Company, shall execute proper instruments
acknowledging the same), except for the following provisions which will survive until otherwise terminated or discharged hereunder:


 


(1)       
the rights of Holders of outstanding Notes of such series to receive payments in respect
of the principal of, premium on, if any, or interest on, such Notes when such payments are due from the trust referred to below;


 


(2)       the
Company’s obligations with respect to the Notes of such series concerning issuing
temporary Notes, registration of Notes, mutilated, destroyed, lost or stolen Notes and the maintenance of an office or agency
for payment and money for security payments held in trust;


 


(3)       the
rights, powers, trusts, duties and immunities of the Trustee under the Indenture, and the Company’s and the Guarantors’
obligations in connection therewith; and 


 


(4)       this
Article 7. 


 


Following
the Company’s exercise of its Legal Defeasance option, payment of the Notes may not be accelerated because of an Event of
Default.


 


Subject to
compliance with this Article 7, the Company may exercise its option under this Section 7.02 notwithstanding the prior exercise
of its option under Section 7.03 hereof.


 


Section
7.03           Covenant Defeasance.


 






    35 


     


    

 


Upon the
Company’s exercise under Section 7.01 hereof of the option applicable to this Section 7.03, the Company and each of the
Guarantors will, subject to the satisfaction of the conditions set forth in Section 7.04 hereof, be released from each of their
obligations under the covenants contained in Article 4 hereof, clause (3) of Section 5.01(a) hereof and Sections 4.3, 4.5, 4.6
and 4.7 of the Original Indenture, in each case with respect to the outstanding Notes of an applicable series, and the Guarantors
will be deemed to have been discharged from their obligations with respect to all Note Guarantees of such series on and after
the date the conditions set forth in Section 7.04 hereof are satisfied (hereinafter, “Covenant Defeasance”),
and the Notes of such series will thereafter be deemed not “outstanding” for the purposes of any direction, waiver,
consent or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but will continue
to be deemed “outstanding” for all other purposes hereunder (it being understood that such Notes will not be deemed
outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding Notes
of an applicable series and Note Guarantees of such series, the Company and the Guarantors may omit to comply with and will have
no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by
reason of any reference elsewhere herein to any such covenant or by reason of any reference in any such covenant to any other
provision herein or in any other document and such omission to comply will not constitute a Default or an Event of Default under
Section 6.01 hereof, but, except as specified above, the remainder of the Indenture and such Notes and Note Guarantees will be
unaffected thereby. In addition, upon the Company’s exercise under Section 7.01 hereof of the option applicable to this
Section 7.03, subject to the satisfaction of the conditions set forth in Section 7.04 hereof, Sections 6.01 (3), (4), (5), (6)
and (7) hereof will not constitute Events of Default with respect to the applicable series of Notes.


 


Section
7.04           Conditions to Legal or Covenant Defeasance.


 


In order
to exercise either Legal Defeasance or Covenant Defeasance under either Section 7.02 or 7.03 hereof with respect to the Notes
of any series:


 


(1)       the
Company must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders of
such series, cash in U.S. dollars, non-callable Government Securities, or a combination thereof, in such amounts as
will be sufficient, in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public accountants,
to pay the principal of, premium on, if any, and interest on, the outstanding Notes of
such series on the stated date for payment thereof or on the applicable redemption date, as the case may be, and the
Company must specify whether the Notes are being defeased to such stated date for payment or to a particular redemption date;


 


(2)       in
the case of Legal Defeasance, the Company must deliver to the Trustee an Opinion of Counsel confirming that:


 


(A)       the
Company has received from, or there has been published by, the Internal Revenue Service a ruling; or


 


(B)       since
the Issue Date, there has been a change in the applicable federal income tax law (or official interpretation thereof),


 


in either case to the
effect that, and based thereon such Opinion of Counsel shall confirm that, the Beneficial Owners of the outstanding Notes of such
series will not recognize income, gain or loss for federal income tax purposes as a result of such Legal Defeasance and will be
subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such
Legal Defeasance had not occurred;


 






    36 


     


    

 


(3)       in
the case of Covenant Defeasance, the Company must deliver to the Trustee an Opinion of Counsel confirming that the Beneficial
Owners of the outstanding Notes of such series will not recognize income,
gain or loss for federal income tax purposes as a result of such Covenant Defeasance and will be subject to federal income tax
on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not
occurred;


 


(4)       no
Default or Event of Default shall have occurred and is continuing on the date of such deposit (other than a Default or Event of
Default resulting from the borrowing of funds to be applied to such deposit (and any similar concurrent deposit relating to other
Indebtedness), and the granting of Liens to secure such borrowings);


 


(5)       such
Legal Defeasance or Covenant Defeasance will not result in a breach or violation of, or constitute a default under, any material
agreement or instrument (other than the Indenture and the agreements governing any other Indebtedness being defeased, discharged
or replaced) to which the Company or any of the Guarantors is a party or by which the Company or any of the Guarantors is bound
(other than a Default or Event of Default resulting from the borrowing of funds to be applied to such deposit (and any similar
concurrent deposit relating to other Indebtedness) and the granting of Liens to secure such borrowings);


 


(6)       the
Company must deliver to the Trustee an Officer’s Certificate stating that the deposit was not made by the Company with the
intent of preferring the Holders of Notes of such series over the other
creditors of the Company with the intent of defeating, hindering, delaying or defrauding any creditors of the Company or others;
and


 


(7)       the
Company must deliver to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions
precedent relating to the Legal Defeasance or the Covenant Defeasance with respect to such series have been complied with.


 


Section
7.05           Deposited Money and Government Securities to be Held in Trust;
Other Miscellaneous Provisions.


 


Subject to
Section 7.06, all money and non-callable Government Securities (including the proceeds thereof) deposited with the Trustee (or
other qualifying trustee, collectively for purposes of this Section 7.05, the “Trustee”) pursuant to
Section 7.04 in respect of the outstanding Notes of an applicable series will be held in trust and applied by the Trustee, in
accordance with the provisions of such Notes and the Indenture, to the payment, either directly or through any Paying Agent (including
the Company acting as Paying Agent) as the Trustee may determine, to the Holders of such Notes of all sums due and to become due
thereon in respect of principal, premium, if any, and interest but such money need not be segregated from other funds except to
the extent required by law.


 


The Company
will pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable
Government Securities deposited pursuant to Section 7.04 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 the outstanding Notes of the applicable series.


 


Notwithstanding
anything in this Article 7 to the contrary, the Trustee will deliver or pay to the Company from time to time upon the request
of the Company any money or non-callable Government Securities held by it as provided in Section 7.04 which, in the opinion of
a nationally recognized investment bank, appraisal firm or firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee (which may be the opinion delivered under Section 7.04(1)), are in excess of the amount thereof
that would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance.


 






    37 


     


    

 


Section
7.06           Repayment to Company.


 


Subject to
the requirements of applicable law, any monies deposited with or paid to the Trustee for payment of the principal of or interest
on the Notes of the applicable series and not applied but remaining unclaimed by the Holders of the Notes of such series for two
years after the date upon which the principal of or interest on such Notes, as the case may be, shall have become due and payable,
shall be repaid to the Company by the Trustee on demand, and all liability of the Trustee shall thereupon cease with respect to
such monies; and the Holder of any of the Notes of such series shall thereafter look only to the Company for any payment or delivery
that such Holder of the Notes may be entitled to collect unless an applicable abandoned property law designates another person.


 


Section
7.07           Reinstatement.


 


If the Trustee
or Paying Agent is unable to apply any U.S. dollars or non-callable Government Securities in accordance with Section 7.02 or 7.03,
as the case may be, by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Company’s and the Guarantors’ obligations under the Indenture and the Notes
of the applicable series and the related Note Guarantees will be revived and reinstated as though no deposit had occurred pursuant
to Section 7.02 or 7.03 until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance with
Section 7.02 or 7.03, as the case may be; provided, however, that, if the Company makes any payment of principal of, premium
on, if any, or interest on, any Notes of such series following the reinstatement of its obligations, the Company will be subrogated
to the rights of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying Agent.


 


ARTICLE
8.

SATISFACTION AND DISCHARGE


 





Section
8.01           
Satisfaction and Discharge of the Supplemental Indenture.




 


Articles VIII and XI of the Original Indenture shall not apply to the Notes. Instead, the satisfaction and discharge provisions
set forth in this Article 8 shall, with respect to the Notes, supersede in their entirety Articles VIII and XI of the Original
Indenture, and all references in the Original Indenture to Articles VIII and XI thereof and satisfaction and discharge provisions
therein, as the case may be, shall, with respect to the Notes, be deemed to be references to this Article 9 and the satisfaction
and discharge provisions set forth in this Article 8, respectively.


 


The Indenture
will be discharged with respect to the Notes of any series and will cease to be of further effect as to all Notes of such series
issued hereunder, when:


 


(1)       either:


 


(a)       all
Notes of such series that have been authenticated, except lost, stolen or destroyed Notes
of such series that have been replaced or paid and Notes of such series for
whose payment money has been deposited in trust and thereafter repaid to the Company, have been delivered to the Trustee for cancellation;
or 


 






    38 


     


    

 


(b)       all
Notes of such series that have not been delivered to the Trustee for cancellation have
become due and payable by reason of the giving of a notice of redemption or otherwise or will become due and payable within one
year or are to be called for redemption within one year and the Company or any Guarantor has irrevocably deposited or caused to
be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders, cash in U.S. dollars, non-callable
Government Securities, or a combination thereof, in amounts as will be sufficient, in the opinion of a nationally recognized investment
bank, appraisal firm or firm of independent public accountants, without consideration of any reinvestment of interest, to pay
and discharge the entire Indebtedness on the Notes not delivered to the Trustee for cancellation for principal of, premium on,
if any, and interest on, the Notes to the date of maturity or redemption; 


 


(2)       in
respect of clause 1(b), no Default or Event of Default has occurred and is continuing on the date of the deposit (other than a
Default or Event of Default resulting from the borrowing of funds to be applied to such deposit and any similar deposit relating
to other Indebtedness and, in each case, the granting of Liens to secure such borrowings) and the deposit will not result in a
breach or violation of, or constitute a default under, any other material instrument to which the Company or any Guarantor is
a party or by which the Company or any Guarantor is bound (other than with respect to the borrowing of funds to be applied concurrently
to make the deposit required to effect such satisfaction and discharge and any similar concurrent deposit relating to other Indebtedness,
and in each case the granting of Liens to secure such borrowings); 


 


(3)       the
Company or any Guarantor has paid or caused to be paid all sums payable by it under the Indenture with respect to such series
of Notes; and 


 


(4)       the
Company has delivered irrevocable instructions to the Trustee under the Indenture to apply the deposited money toward the payment
of the Notes of the applicable series at maturity or on the redemption date, as the case may be. 


 


In addition,
the Company must deliver an Officer’s Certificate and an Opinion of Counsel to the Trustee stating that all conditions precedent
to satisfaction and discharge have been satisfied and all fees and expenses of the Trustee shall have been paid.


 


Notwithstanding
the satisfaction and discharge of the Indenture, if money has been deposited with the Trustee with respect to a series of Notes
pursuant to subclause (b) of clause (1) of this Section 8.01, the provisions of Sections 8.02 and 7.06 will survive with respect
to such Series. In addition, nothing in this Section 8.01 will be deemed to discharge those provisions of Section 7.6 of the Original
Indenture, that, by their terms, survive the satisfaction and discharge of the Indenture.


 


Section
8.02           Application of Trust Money.


 


Subject to
the provisions of Section 7.06, all money or Government Securities deposited with the Trustee pursuant to Section 8.01 shall be
held in trust and applied by it, in accordance with the provisions of the Notes of the applicable series and the 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, premium, if any, and interest, for whose payment such money
has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law.


 






    39 


     


    

 


If the Trustee
or Paying Agent is unable to apply any money or Government Securities in accordance with Section 8.01 by reason of any legal proceeding
or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such
application, the Company’s and any Guarantor’s obligations under the Indenture and the Notes of the applicable series
and the related Note Guarantees shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.01; provided
that if the Company has made any payment of principal of, premium on, if any, or interest, on, any Notes of such series because
of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Notes to receive
such payment from the money or Government Securities held by the Trustee or Paying Agent.


 


ARTICLE
9.

Note Guarantees


 


Section
9.01           Guarantee.


 


Subject to
this Article 9, each of the Guarantors hereby, jointly and severally, unconditionally guarantees to each Holder of a Note of any
series authenticated and delivered by the Trustee and to the Trustee and its successors and assigns, irrespective of the validity
and enforceability of the Indenture, the Notes or the obligations of the Company hereunder or thereunder, that:


 


(1)       
the principal of, premium on, if any, and interest, on, the Notes will be promptly paid in full
when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of, premium on,
if any, and interest, on, the Notes, if lawful, and all other obligations of the Company to the Holders or the Trustee hereunder
or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and 


 


(2)       in
case of any extension of time of payment or renewal of any Notes or any of such other obligations, that same will be promptly
paid in full when due or performed in accordance with the terms of the extension or renewal, whether at Stated Maturity, by acceleration
or otherwise.


 


Failing payment
when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Guarantors will be jointly and
severally obligated to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and not a guarantee
of collection.


 


(b)       The
Guarantors hereby agree that their obligations hereunder are unconditional, irrespective of the validity, regularity or enforceability
of the Notes or the Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes
of any series with respect to any provisions hereof or thereof, the recovery of any judgment against the Company, any action to
enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor.
Each Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency
or bankruptcy of the Company, any right to require a proceeding first against the Company, protest, notice and all demands whatsoever
and covenant that this Note Guarantee will not be discharged except by complete performance of the Obligations contained in the
Notes and the Indenture.


 


(c)       If
any Holder or the Trustee is required by any court or otherwise to return to the Company, the Guarantors or any custodian, trustee,
liquidator or other similar official acting in relation to either the Company or the Guarantors, any amount paid by either to
the Trustee or such Holder, this Note Guarantee, to the extent theretofore discharged, will be reinstated in full force and effect.


 






    40 


     


    

 


(d)       Each
Guarantor agrees that it will not be entitled to any right of subrogation in relation to the Holders in respect of any obligations
guaranteed hereby until payment in full of all obligations guaranteed hereby. Each Guarantor further agrees that, as between the
Guarantors, on the one hand, and the Holders and the Trustee, on the other hand, (1) the maturity of the obligations guaranteed
hereby may be accelerated as provided in Article 6 for the purposes of such Guarantor’s Note Guarantee, notwithstanding
any stay, injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby, and (2)
in the event of any declaration of acceleration of such obligations as provided in Article 6, such obligations (whether or not
due and payable) will forthwith become due and payable by the Guarantors for the purpose of such Guarantor’s Note Guarantee.
The Guarantors will have the right to seek contribution from any non-paying Guarantor so long as the exercise of such right does
not impair the rights of the Holders under the Note Guarantee.


 


Section
9.02           [RESERVED].


 


Section
9.03           Limitation on Guarantor Liability.


 


Each Guarantor,
and by its acceptance of Notes, each Holder, hereby confirms that it is the intention of all such parties that the Note Guarantee
of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance
Act, the Uniform Fraudulent Transfer Act or any similar federal or state law to the extent applicable to any Note Guarantee. To
effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations
of such Guarantor will be limited to the maximum amount that will, after giving effect to such maximum amount and all other contingent
and fixed liabilities of such Guarantor that are relevant under such laws, and after giving effect to any collections from, rights
to receive contribution from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other
Guarantor under this Article 9, result in the obligations of such Guarantor under its Note Guarantee not constituting a fraudulent
transfer or conveyance. Each Guarantor that makes a payment under its Note Guarantee will be entitled upon payment in full of
all Guaranteed Obligations under the Indenture to a contribution from each other Guarantor in an amount equal to such other Guarantor’s
pro rata portion of such payment based on the respective net assets of all the Guarantors at the time of such payment, determined
in accordance with GAAP.


 


Section
9.04            Execution and Delivery.


 


To evidence
its Note Guarantee set forth in Section 9.01 with respect to each series of Notes, each Guarantor hereby agrees that this Supplemental
Indenture will be executed on behalf of such Guarantor by one of its Officers.


 


Each Guarantor
hereby agrees that its Note Guarantee set forth in Section 9.01 will remain in full force and effect notwithstanding the absence
of the endorsement of any notation of such Guarantee on the Notes.


 


If an Officer
whose signature is on this Supplemental Indenture no longer holds that office at the time the Trustee authenticates the Notes
of any series, the related Note Guarantee will be valid nevertheless.


 


The delivery
of any Note by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Note Guarantee set
forth in this Supplemental Indenture on behalf of the Guarantors.


 






    41 


     


    

 


In the event
that the Company or any of its Subsidiaries creates or acquires any Domestic Subsidiary after the Issue Date, if required by Section
4.06, the Company will cause such Domestic Subsidiary to comply with the provisions of Section 4.06 and this Article 9, to the
extent applicable.


 


Section
9.05           Guarantors May Consolidate, etc., on Certain Terms.


 


Subject to
Section 9.06, a Guarantor may not sell or otherwise dispose of all or substantially all of its assets to, or consolidate with
or merge with or into another Person other than the Company or another Guarantor unless, immediately after giving effect to such
transaction:


 


(a)       such
Guarantor shall be the surviving Person or the surviving Person (if other than such Guarantor) (such Guarantor or such surviving
Person, as the case may be, the “Surviving Guarantor”) formed by such merger, consolidation or amalgamation
shall expressly assume, by supplemental indenture in form satisfactory to the Trustee, executed and delivered to the Trustee by
such surviving Person, the due and punctual payment of the principal of, and premium, if any, and interest on, the notes, according
to their tenor, and the due and punctual performance and observance of all the covenants and conditions of the Indenture to be
performed by such Guarantor;


 


(b)       the
Company shall deliver, or cause to be delivered, to the Trustee an Officer’s Certificate and an Opinion of Counsel, each
stating that all conditions precedent provided for in the Indenture relating to such transaction or series of transactions have
been satisfied; and


 


(c)       immediately
before and after giving effect to such transaction or series of transactions on a pro forma basis, no Default or Event of Default
shall have occurred and be continuing.


 


The Surviving
Guarantor shall succeed to, and be substituted for, and may exercise every right and power of such Guarantor under the Indenture.


 


Except as
set forth in Articles 4 and 5, and notwithstanding the foregoing, any Guarantor may (i) merge into or transfer all or part of
its properties and assets to another Guarantor or the Company, (ii) merge with an Affiliate of the Company solely for the purpose
of reincorporating or reorganizing the Guarantor in the United States, any state thereof, the District of Columbia or any territory
thereof or (iii) convert into a Person organized or existing under the laws of a jurisdiction in the United States.


 


Section
9.06           Releases.


 


(a)       The
Note Guarantee of a Guarantor with respect to any series of Notes will be automatically and unconditionally released and discharged:


 


(1)       in
connection with any sale or other disposition of all or substantially all of the assets of that Guarantor, by way of merger, consolidation
or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company;


 


(2)       in
connection with any sale or other disposition of Capital Stock of that Guarantor to a Person that is not (either before or after
giving effect to such transaction) the Company or a Subsidiary of the Company, if the Guarantor ceases to be a Subsidiary of the
Company as a result of the sale or other disposition; 


 






    42 


     


    

 


(3)       if
that Guarantor ceases to be a guarantor or other obligor with respect to any Indebtedness under any Credit Facility; provided,
however, that if, at any time following such release, that Guarantor subsequently guarantees or otherwise becomes an obligor
with respect to any Indebtedness of the Company under a Credit Facility, then that Guarantor will be required to provide a Note
Guarantee in accordance with Section 4.06; 


 


(4)       upon
legal defeasance, covenant defeasance or satisfaction and discharge of the Indenture as provided in Article 7 and Article 8; or


 


(5)       on
the Fall Away Date with respect to such series of Notes.


 


(b)       Any
release and discharge pursuant to Section 9.06(a) shall occur automatically upon the consummation of any such transaction without
any further action required of the Company, the applicable Guarantor or the Trustee; provided that the Trustee shall be
entitled to an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent provided for
in the Indenture relating to such transaction have been complied with.


 


(c)       If
on any date following the Issue Date:


 


		(1)	the Notes of a series are rated
                                         Investment Grade by at least two of the three Rating Agencies; and



 


		(2)	no Default or Event of Default
                                         shall have occurred and be continuing,



 


then, beginning
on that day (the “Fall Away Date”) and continuing at all times thereafter regardless of any subsequent
changes in the rating of such series of Notes, the Note Guarantees of each of the Guarantors will be automatically released and
Section 4.06 shall cease to apply to such series of Notes. The Company shall give the Trustee notice of the occurrence of a Fall
Away Date promptly after such Fall Away Date. In the absence of such notice, the Trustee shall assume that the Note Guarantees
remain in effect.


 


ARTICLE
10.

SUPPLEMENTAL INDENTURES


 


Section
10.01           
Supplemental Indentures Without Consent of Holders.


 


In
lieu of Section 9.1 of the Original Indenture, the Company, the Guarantors and the Trustee may amend or supplement the Indenture,
the Notes of any series or the Note Guarantees with respect thereto without notice to or the consent of any Holder of the Notes
of such series:


 


(a)       to
cure any ambiguity, mistake, defect or inconsistency;


 


(b)       to
provide for uncertificated Notes of such series in addition to or in place of Physical Notes;


 


(c)       to
provide for the assumption of the Company’s obligations to Holders of Notes of such series in the case of a merger or consolidation
or sale of all or substantially all of the Company’s assets;


 


(d)       to
make any change that would provide any additional rights or benefits to the holders of Notes of such series or that does not adversely
affect the legal rights under the Indenture of any such Holder;


 






    43 


     


    

 


(e)       to
comply with requirements of the SEC in order to effect or maintain the qualification of the Indenture under the Trust Indenture
Act of 1939, as amended (the “TIA”); 


 


(f)       to
conform this Supplemental Indenture, the Notes or the Note Guarantees and the form or terms of the Notes to the “Description
of notes” section as set forth in the Offering Memorandum as determined in good faith by the Company; 


 


(g)       to
provide for the issuance of Additional Notes of such series in accordance with the limitations set forth in the Indenture as of
the Issue Date; 


 


(h)       to
release a Guarantor from its Note Guarantee of such series of Notes pursuant to the terms of the Indenture when permitted or required
pursuant to the terms of the Indenture;


 


(i)       to
secure the Notes of such series and the related Note Guarantees or add covenants for the benefit of the Holders of such Notes
or to surrender any right or power conferred upon the Company or any Guarantor;


 


(j)       to
add additional Note Guarantees with respect to such series of Notes;


 


(k)       to
evidence and provide for the acceptance and appointment under the Indenture of a successor Trustee pursuant to the requirements
hereof; or


 


(l)       to
make any amendment to the provisions of the Indenture relating to the transfer or legending of the Notes of such series; provided,
however, that (i) compliance with this Supplemental Indenture as so amended would not result in notes of such series being
transferred in violation of the Securities Act, or any applicable securities law and (ii) such amendment does not materially and
adversely affect the rights of Holders to transfer Notes of such series.


 


The consent
of the Holders of the applicable series is not necessary to approve the particular form of any proposed amendment. It is sufficient
if such consent approves the substance of the proposed amendment.


 


Section
10.02           
Supplemental Indentures With Consent of Holders.


 


Subject
to Section 10.01, the Indenture, the Notes or the Note Guarantees may be amended or supplemented with the consent of the Holders
of at least a majority in aggregate principal amount of the then outstanding Notes (including, without limitation, Additional
Notes, if any) voting as a single class (including, without limitation, consents obtained in connection with a tender offer or
exchange offer for, or purchase of, the Notes), and any existing Default or Event of Default (other than a Default or Event of
Default in the payment of the principal of, premium on, if any, or interest, on, the Notes, except a payment default resulting
from an acceleration that has been rescinded) or compliance with any provision of the Indenture or the Notes or the Note Guarantees
may be waived with the consent of the Holders of a majority in aggregate principal amount of the then outstanding Notes (including,
without limitation, Additional Notes, if any) voting as a single class (including, without limitation, consents obtained in connection
with a purchase of, or tender offer or exchange offer for, Notes); provided that (x) if any such amendment, supplement
or waiver will only affect one series of Notes (or less than all series of Notes) then outstanding under this Supplemental Indenture,
then only the consent of the Holders of a majority in principal amount of the Notes of such series then outstanding (including,
without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes) shall be
required and (y) if any such amendment or waiver by its terms will affect a series of Notes in a manner different and materially
adverse relative to the manner such amendment or waiver affects other series of Notes, then the consent of the Holders of a majority
in principal amount of the Notes of such series then outstanding (including, without limitation, consents obtained in connection
with a purchase of, or tender offer or exchange offer for, Notes) shall be required. In lieu of Section 9.2 of the Original
Indenture, which shall not apply with respect to the Notes, without the consent of each Holder of the applicable series Notes
affected thereby, no amendment, supplement or waiver, including a waiver in relation to a past Event of Default, may:


 






    44 


     


    

 


(a)       reduce
the principal amount of such Notes whose Holders must consent to an amendment, supplement or waiver; 


 


(b)       reduce
the principal of or change the fixed maturity of any such Note or alter or waive any of the provisions with respect to the redemption
of such Notes (for the avoidance of doubt, the provisions with respect to the redemption of the Notes referred to in this clause
(b) do not include the offers to purchase Notes described in Section 4.04); 


 


(c)       reduce
the rate of or change the time for payment of interest on any Note of such series; 


 


(d)       waive
a Default or Event of Default in the payment of principal of, premium on, if any, or interest, on, the Notes of the applicable
series (except a rescission of acceleration of the Notes by the Holders of at least a majority in aggregate principal amount of
the then outstanding Notes of such series and a waiver of the payment default that resulted from such acceleration); 


 


(e)       make
any Note of such series payable in money other than that stated therein; 


 


(f)       make
any change in the provisions of the Indenture relating to waivers of past Defaults with respect to such series of Notes; 


 


(g)       amend
the contractual right expressly set forth in the Indenture or any Notes of Holders to receive payments of principal of, premium
on, if any, or interest, on, such Notes on or after the due dates therefor or to institute suit to enforce such payment; 


 


(h)       waive
a redemption payment with respect to any Note (other than a payment required by Section 4.04);


 


(i)       prior
to the Fall Away Date with respect to such series, release any Guarantor that is a Significant
Subsidiary (or any group of Guarantors that, taken together, as of the latest audited consolidated financial statements for the
Company would constitute a Significant Subsidiary) from any of its obligations under its Note Guarantee with respect to such series
or the Indenture, except in accordance with the terms of the Indenture; or


 


(j)       make
any change in the preceding amendment and waiver provisions. 


 


The
consent of the Holders of the applicable series is not necessary under the Indenture to approve the particular form of any proposed
amendment. It is sufficient if such consent approves the substance of the proposed amendment.


 


Section
10.03           
Notice of Amendment or Supplement.


 






    45 


     


    

 




After an amendment
or supplement under this Article 10 or Article IX of the Original Indenture becomes effective, the Company shall deliver
to the Holders of the applicable series of Notes a notice briefly describing such amendment or supplement. However, the failure
to give such notice to all the Holders, or any defect in the notice, shall not impair or affect the validity of the amendment
or supplement.


 


ARTICLE
11.

MISCELLANEOUS


 





Section
11.01           
Governing Law.




 


THIS
SUPPLEMENTAL INDENTURE, EACH OF THE NOTES, EACH OF THE NOTE GUARANTEES AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR
RELATED TO THIS SUPPLEMENTAL INDENTURE, EACH OF THE NOTES AND EACH OF THE NOTE GUARANTEES, SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.


 


Section
11.02           
No Security Interest Created.


 




Nothing in this
Supplemental Indenture, in the Notes or in the Note Guarantees expressed or implied, shall be construed to constitute a security
interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any jurisdiction.


 





Section
11.03         
Trust Indenture Act.


 


This Supplemental Indenture
will not be subject to, or governed by, the TIA.


 





Section
11.04         
Benefits of Supplemental Indenture.


 


Nothing in this
Supplemental Indenture, in the Notes or the Note Guarantees, express or implied, shall give to any person (including any Registrar,
any Paying Agent and their successors hereunder), other than the parties hereto, any benefit or any legal or equitable right,
remedy or claim under this Supplemental Indenture.


 





Section
11.05         
Calculations.


 


The Company shall be responsible for making all calculations called for under the Notes.
These calculations include, but are not limited to, determinations of accrued interest payable on the Notes. The Company shall
make all these calculations in good faith and, absent manifest error, the Company’s calculations shall be final and binding
on Holders of Notes. The Company shall provide a schedule of its calculations to the Trustee and the Trustee is entitled to rely
conclusively upon the accuracy of the Company’s calculations without independent verification. The Trustee will forward
the Company’s calculations to any Holder of Notes upon the request of that Holder at the sole cost and expense of the Company.


 


Section
11.06          
Effect of Headings and Table of Contents.

 


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


 






    46 


     


    

 


Section
11.07          
Execution in Counterparts.


 


This
Supplemental Indenture may be executed in any number of counterparts, each of which shall be an original, but such counterparts
shall together constitute but one and the same instrument. The words “execution,” “signed,” “signature,”
“delivery,” and words of like import in or relating to this Supplemental Indenture or any document to be signed in
connection with this Supplemental Indenture shall be deemed to include electronic signatures (including DocuSign), deliveries
or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a
manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, and
the parties hereto consent to conduct the transactions contemplated hereunder by electronic means. The Company and the Guarantors
agree to assume all risks arising out of the use of using digital signatures and electronic methods to submit notice and communications
to Trustee, including without limitation the risk of Trustee acting on unauthorized instructions, and the risk of interception
and misuse by third parties.


 


Section
11.08         
Separability Clause.


  


In
case any provision in this Supplemental Indenture, in any Note or coupon or in any Note Guarantee 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
11.09         
Ratification of Original Indenture.





 


The Original Indenture,
as supplemented by this Supplemental Indenture, is in all respects ratified and confirmed, and this Supplemental Indenture shall
be deemed part of the Original Indenture in the manner and to the extent herein and therein provided. For the avoidance of doubt,
each of the Company, each of the Guarantors and each Holder of the Notes, by its acceptance of such Notes, acknowledges and agrees
that all of the rights, privileges, protections, immunities, indemnities and benefits afforded to the Trustee under the Original
Indenture are deemed to be incorporated herein, and shall be enforceable by the Trustee hereunder, in each of its capacities hereunder
as if set forth herein in full.


 


Section
11.10         
The Trustee.

 


The recitals in this Supplemental
Indenture are made by the Company and the Guarantors only and not the Trustee, and all of the provisions contained in the Original
Indenture in respect of the rights, privileges, immunities, powers and duties of the Trustee shall be applicable in respect of
the Notes, the Note Guarantees and of this Supplemental Indenture as fully and with like effect as set forth in full herein.


 


The Trustee
accepts the amendments of the Indenture effected by this Supplemental Indenture, but on the terms and conditions set forth in
the Indenture, including the terms and provisions defining and limiting the liabilities and responsibilities of the Trustee. Without
limiting the generality of the foregoing, the Trustee shall not be responsible in any manner whatsoever for or with respect to
any of the recitals or statements contained herein, all of which recitals or statements are made solely by the Company, or for
or with respect to (i) the validity or sufficiency of this Supplemental Indenture or any of the terms or provisions hereof, (ii)
the proper authorization hereof by the Company by action or otherwise, (iii) the due execution hereof by the Company or (iv) the
consequences of any amendment herein provided for, and the Trustee makes no representation with respect to any such matters.


 


Section
11.11          No Recourse Against Others.


 






    47 


     


    

 


No director,
officer, employee, incorporator or stockholder of the Company or any Guarantor, as such, shall have any liability for any obligations
of the Company or the Guarantors under the Notes, the Indenture, the Note Guarantees or any claim based on, in respect of, or
by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability.
The waiver and release are part of the consideration for issuance of the Notes.


 


 


 


[Remainder
of the page intentionally left blank]


 




    48 


     


    

 


IN WITNESS WHEREOF,
the parties hereto have executed this Supplemental Indenture as of the date first written above.


 





	 	CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	Corporate Executive Vice President and Chief Financial Officer
	 	 	 	 


 





 


 


 





[Signature Page
to Supplemental Indenture] 

 




     


     


    

 





	 	CHARLES RIVER
LABORATORIES ASHLAND, LLC
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	 CFO
	 	 	 	 


 


 





[Signature Page
to Supplemental Indenture] 


 




     


     


    

 





	 	CHARLES
RIVER LABORATORIES I DELAWARE HOLDINGS, INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	 CFO
	 	 	 	 


 


 


[Signature Page
to Supplemental Indenture] 


 




     


     


    

 





	 	CHARLES RIVER
LABORATORIES II DELAWARE HOLDINGS, INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	 CFO
	 	 	 	 


  


 


[Signature Page
to Supplemental Indenture]  


 




     


     


    

 





	 	CHARLES RIVER
LABORATORIES SA USA, INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	 CFO
	 	 	 	 


 


 


 


[Signature Page
to Supplemental Indenture] 





 




     


     


    

 





	 	CHARLES RIVER LABORATORIES,
INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	 CFO
	 	 	 	 


 


 


[Signature Page
to Supplemental Indenture] 





 




     


     


    

 





	 	CRL SAFETY ASSESSMENT,
INC.
	 	 	 	 
	 	 	 	 
	 	By:	/s/ David R. Smith
	 	 	Name:	David R. Smith
	 	 	Title:	 CFO
	 	 	 	 


 


 


 


[Signature Page
to Supplemental Indenture] 





 




     


     


    

 





	 	U.S. BANK NATIONAL ASSOCIATION,
as Trustee
	 	 	 	 
	 	 	 	 
	 	By:	/s/ Kathy L. Mitchell
	 	 	Name: 	Kathy L. Mitchell
	 	 	Title: 	Vice President


 


 


 





 




     


     


    

 


SCHEDULE
A


 


		Guarantors	



 


	Entity	Jurisdiction
    of Formation
	Charles
    River Laboratories Ashland, LLC	DE
	Charles
    River Laboratories I Delaware Holdings, Inc.	DE
	Charles
    River Laboratories II Delaware Holdings, Inc.	DE
	Charles
    River Laboratories SA USA, Inc.	DE
	Charles
    River Laboratories, Inc.	DE
	CRL
    Safety Assessment, Inc.	DE


 



     


     


    

 


APPENDIX
A


 


PROVISIONS
RELATING TO INITIAL NOTES


 


The following
procedures shall apply to the Notes. Capitalized terms used but not defined in this Appendix A shall have the meaning given to
such terms in this Indenture to which this Appendix A is attached.


 


1. Definitions



 


1.1 Definitions


 


For the purposes
of this Appendix A and this Indenture as a whole, the following terms shall have the meanings indicated below:


 


“Applicable
Procedures” means, with respect to any transfer or exchange of or for beneficial interests in any Global Note, the rules
and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange.


 


“Clearstream”
means Clearstream Banking, sociètè anonyme.


 


“Definitive
Note” means a certificated Initial Note (bearing the Restricted Securities Legend if the transfer of such Note is restricted
by applicable law) that does not include the Global Notes Legend.


 


“Depositary”
means The Depository Trust Company, its nominees and their respective successors.


 


“Euroclear”
means Euroclear Bank SA/NV


 


“Global
Notes Legend” means the legend set forth under that caption in each of Exhibit A-1 and Exhibit A-2 to this Indenture.


 


“QIB”
means a “qualified institutional buyer” as defined in Rule 144A.


 


“Regulation S”
means Regulation S under the Securities Act.


 


“Regulation
S Notes” means all Initial Notes offered and sold outside the United States in reliance on Regulation S.


 


“Restricted
Period” means, with respect to any Notes, the period of 40 consecutive days beginning on and including the later of
(a) the day on which such Notes are first offered to persons other than distributors (as defined in Regulation S under
the Securities Act) in reliance on Regulation S, notice of which day shall be promptly given by the Company to the Trustee, and
(b) the Issue Date with respect to such Notes.


 


“Restricted
Securities Legend” means the legend set forth in Section 2.3(e)(i) herein.


 


“Rule
144A” means Rule 144A under the Securities Act.


 


“Rule
144A Notes” means all Initial Notes offered and sold to QIBs in reliance on Rule 144A.


 


“Securities
Custodian” means the custodian with respect to a Global Note (as appointed by the Depositary) or any successor person
thereto, who shall initially be the Trustee.


 






    I-1 


     


    

 


“Transfer
Restricted Notes” means Definitive Notes and any other Notes that bear or are required to bear the Restricted Securities
Legend.


 


1.2 Other
Definitions


 


	Term:	Defined in Section:
	 	 
	“2029 Global Note”	2.1(b)
	“2031 Global Note”	2.1(b)
	“Agent Members”	2.1(c)
	“Global Note”	2.1(b)
	“Regulation S Global Note”	2.1(b)
	“Rule 144A Global Note”	2.1(b)



 





2. The
Notes


 


2.1 Form
and Dating


 


(a) The Initial
Notes issued on the date hereof shall be (i) offered and sold by the Company pursuant to the Purchase Agreement, dated March 8,
2021, by and among the Company, the Guarantors party thereto and J.P. Morgan Securities LLC, as representative of the initial
purchasers, and (ii) resold, initially only to (1) QIBs in reliance on Rule 144A and (2) Persons other than U.S. Persons
(as defined in Regulation S) in reliance on Regulation S. Such Initial Notes may thereafter be transferred to, among others, (A)
QIBs and purchasers in reliance on Regulation S and (B) pursuant to an exemption from registration under the Securities Act provided
by Rule 144 thereunder (if applicable) or (C) in accordance with another exemption from the registration requirements of the Securities
Act (and based upon an Opinion of Counsel acceptable to the Company if the Company so requests). Additional Notes offered after
the date hereof may be offered and sold by the Company from time to time pursuant to one or more purchase agreements in accordance
with applicable law.


 


(b) Global
Notes. Rule 144A Notes shall be issued initially in the form of one or more permanent Global Notes in definitive, fully registered
form (collectively, the “Rule 144A Global Note”) and Regulation S Notes shall be issued initially
in the form of one or more Global Notes (collectively, the “Regulation S Global Note”), in each case without
interest coupons and bearing the Global Notes Legend and Restricted Securities Legend, which shall be deposited on behalf of the
purchasers of the Notes represented thereby with the Securities Custodian, and registered in the name of the Depositary or a nominee
of the Depositary, duly executed by the Company and authenticated by the Trustee as provided in this Indenture. Beneficial ownership
interests in the Regulation S Global Note shall not be exchangeable for interests in the Rule 144A Global Note or any
other Note without a Restricted Securities Legend until the expiration of the Restricted Period. The Rule 144A Global Note
and the Regulation S Global Note are each referred to herein as a “Global Note” and are collectively referred
to herein as “Global Notes”. Each Global Note representing a 2029 Note is referred to herein as a “2029
Global Note” and Global Note representing a 2031 Note is referred to herein as a “2031 Global Note”.
The aggregate principal amount of the Global Notes may from time to time be increased or decreased by adjustments made on the
records of the Trustee and the Depositary or its nominee and on the schedules thereto as hereinafter provided.


 


(c) Book-Entry
Provisions. This Section 2.1(c) shall apply only to a Global Note deposited with or on behalf of the Depositary.


 


The Company
shall execute and the Trustee shall, in accordance with this Section 2.1(c) and Section 2.2 and pursuant to an Officer’s
Certificate, authenticate and deliver initially one or more 2029 Global Notes and 2031 Global Notes that (i) shall be registered
in the name of the Depositary for such Global Notes or the nominee of such Depositary and (ii) shall be delivered by the
Trustee to such Depositary or pursuant to such Depositary’s instructions or held by the Trustee as Securities Custodian.


 






    I-2 


     


    

 


Members of,
or participants in, the Depositary (“Agent Members”) shall have no rights under this Indenture with respect
to any Global Note held on their behalf by the Depositary or by the Trustee as Securities Custodian or under such Global Note,
and the Depositary may be treated by the Company, the Trustee and any agent of the Company or the Trustee as the absolute owner
of such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the
Trustee or any agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization
furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of customary practices of
such Depositary governing the exercise of the rights of a Holder of a beneficial interest in any Global Note.


 


(d) Definitive
Notes. Except as provided in Section 2.3 or 2.4, owners of beneficial interests in Global Notes shall not be entitled
to receive physical delivery of certificated Notes.


 


2.2 Authentication.
The Trustee shall authenticate and deliver (a) on the Issue Date, (i) an aggregate principal amount of $500,000,000 3.750%
Senior Notes due 2029 and (ii) an aggregate principal amount of $500,000,000 4.000% Senior Notes due 2031 and (b) subject to the
terms of this Indenture, any Additional Notes for an original issuance specified in the Officer’s Certificate pursuant to
Section 2.13 of this Indenture. The Officer’s Certificate with respect to the Additional Notes shall specify the amount
of the Notes to be authenticated and the date on which such Notes are to be authenticated.


 


2.3 Transfer
and Exchange.


 


(a) Transfer
and Exchange of Definitive Notes. When Definitive Notes are presented to the Registrar with a request:


 


(i)
to register the transfer of such Definitive Notes; or


 


(ii)
to exchange such Definitive Notes for an equal principal amount of Definitive Notes of other authorized denominations,


 


the Registrar shall register
the transfer or make the exchange as requested if its reasonable requirements for such transaction are met; provided, however,
that the Definitive Notes surrendered for transfer or exchange:


 


(1)
shall be duly endorsed or accompanied by a written instrument of transfer in form reasonably satisfactory to the Company and the
Registrar, duly executed by the Holder thereof or its attorney duly authorized in writing; and


 


(2)
in the case of Transfer Restricted Notes, are accompanied by the following additional information and documents, as applicable:


 


(A)
if such Definitive Notes are being delivered to the Registrar by a Holder for registration in the name of such Holder, without
transfer, a certification from such Holder to that effect (in the form set forth on the reverse side of the Initial Note); or


 


(B)
if such Definitive Notes are being transferred to the Company, a certification to that effect (in the form set forth on the reverse
side of the Initial Note); or


 


(C)
if such Definitive Notes are being transferred pursuant to an exemption from registration under the Securities Act or in reliance
upon an exemption from the registration requirements of the Securities Act, (x) a certification to that effect (in the form
set forth on the reverse side of the Initial Note) and (y) if the Company so requests, an opinion of counsel or other evidence
reasonably satisfactory to it as to the compliance with the restrictions set forth in the legend set forth in Section 2.3(e)(i).


 






    I-3 


     


    

 


(b) Restrictions
on Transfer of a Definitive Note for a Beneficial Interest in a Global Note. A Definitive Note may not be exchanged for a
beneficial interest in a Global Note except upon satisfaction of the requirements set forth below. Upon receipt by the Trustee
of a Definitive Note, duly endorsed or accompanied by a written instrument of transfer in form reasonably satisfactory to the
Company and the Registrar, together with:


 



(i) certification
(in the form set forth on the reverse side of the Initial Note) that such Definitive Note is being transferred (1) to the Company,
(2) to the Registrar for registration in the name of a Holder, without transfer, (3) pursuant to an effective registration statement
under the Securities Act, (4) to a QIB in accordance with Rule 144A, (5) outside the United States in an offshore transaction
within the meaning of Regulation S and in compliance with Rule 904 under the Securities Act, (6) in accordance with another exemption
from the registration requirements of the Securities Act (and based upon an opinion of counsel acceptable to the Company if the
Company so requests) or (7) pursuant to another available exemption from registration provided by Rule 144 under the Securities
Act; and


 


(ii) written
instructions directing the Trustee to make, or to direct the Securities Custodian to make, an adjustment on its books and records
with respect to such Global Note to reflect an increase in the aggregate principal amount of the Notes represented by the Global
Note, such instructions to contain information regarding the Depositary account to be credited with such increase,


 


then the Trustee shall cancel
such Definitive Note and cause, or direct the Securities Custodian to cause, in accordance with the standing instructions and
procedures existing between the Depositary and the Securities Custodian, the aggregate principal amount of Notes represented by
the Global Note to be increased by the aggregate principal amount of the Definitive Note to be exchanged and shall credit or cause
to be credited to the account of the Person specified in such instructions a beneficial interest in the Global Note equal to the
principal amount of the Definitive Note so canceled. If no Global Notes are then outstanding and the Global Note has not been
previously exchanged for certificated Notes pursuant to Section 2.4, the Company shall issue and the Trustee shall authenticate,
upon written order of the Company in the form of an Officer’s Certificate, a new Global Note in the appropriate principal
amount.


 


(c) Transfer
and Exchange of Global Notes. (i) The transfer and exchange of Global Notes or beneficial interests therein shall be effected
through the Depositary, in accordance with this Indenture (including applicable restrictions on transfer set forth herein, if
any) and the procedures of the Depositary therefor. A transferor of a beneficial interest in a Global Note shall deliver a written
order given in accordance with the Depositary’s procedures containing information regarding the participant account of the
Depositary to be credited with a beneficial interest in such Global Note or another Global Note and such account shall be credited
in accordance with such order with a beneficial interest in the applicable Global Note and the account of the Person making the
transfer shall be debited by an amount equal to the beneficial interest in the Global Note being transferred. Transfers by an
owner of a beneficial interest in the Rule 144A Global Note to a transferee who takes delivery of such interest through the Regulation
S Global Note, whether before or after the expiration of the Restricted Period, shall be made only upon receipt by the Trustee
of a certification in the form provided on the reverse of the Initial Notes from the transferor to the effect that such transfer
is being made in accordance with Regulation S or (if available) Rule 144 under the Securities Act and that, if such transfer is
being made prior to the expiration of the Restricted Period, the interest transferred shall be held immediately thereafter through
Euroclear or Clearstream.


 


(ii)
If the proposed transfer is a transfer of a beneficial interest in one Global Note to a beneficial interest in another Global
Note, the Registrar shall reflect on its books and records the date and an increase in the principal amount of the Global Note
to which such interest is being transferred in an amount equal to the principal amount of the interest to be so transferred, and
the Registrar shall reflect on its books and records the date and a corresponding decrease in the principal amount of the Global
Note from which such interest is being transferred.


 


(iii)
Notwithstanding any other provisions of this Appendix (other than the provisions set forth in Section 2.4), a Global Note
may not be transferred as a whole except by the Depositary to a nominee of the Depositary or 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.


 






    I-4 


     


    

 


(d) Restrictions
on Transfer of Regulation S Global Note. (i) Prior to the expiration of the Restricted Period, interests in the Regulation S
Global Note may only be held through Euroclear or Clearstream. During the Restricted Period, beneficial ownership interests in
the Regulation S Global Note may only be sold, pledged or transferred through Euroclear or Clearstream in accordance with the
Applicable Procedures and only (1) to the Company, (2) so long as such note is eligible for resale pursuant to Rule 144A,
to a person whom the selling Holder reasonably believes is a QIB that purchases for its own account or for the account of a QIB
to whom notice is given that the resale, pledge or transfer is being made in reliance on Rule 144A, (3) in an offshore
transaction in accordance with Regulation S, (4) pursuant to an exemption from registration under the Securities Act
provided by Rule 144 (if applicable) under the Securities Act, (5) in accordance with another exemption from the registration
requirements of the Securities Act (and based upon an opinion of counsel acceptable to the Company if the Company so requests)
or (6) pursuant to an effective registration statement under the Securities Act, in each case in accordance with any applicable
securities laws of any state of the United States. Prior to the expiration of the Restricted Period, transfers by an owner of
a beneficial interest in the Regulation S Global Note to a transferee who takes delivery of such interest through the Rule 144A
Global Note shall be made only in accordance with Applicable Procedures and upon receipt by the Trustee of a written certification
from the transferor of the beneficial interest in the form provided on the reverse of the Initial Note to the effect that such
transfer is being made to a QIB within the meaning of Rule 144A in a transaction meeting the requirements of Rule 144A. Such written
certification shall no longer be required after the expiration of the Restricted Period.


 


(ii)
Upon the expiration of the Restricted Period, beneficial ownership interests in the Regulation S Global Note shall be transferable
in accordance with applicable law and the other terms of this Indenture.


 


(e) Legend



 


(i)
Except as permitted by the following paragraphs (ii), (iii) or (iv), each Note certificate evidencing the Global Notes and the
Definitive Notes (and all Notes issued in exchange therefor or in substitution thereof) shall bear a legend in substantially the
following form (each defined term in the legend being defined as such for purposes of the legend only):


 


“THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD,
ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION
IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN
BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT HAS PURCHASED SECURITIES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH
SECURITY, PRIOR TO THE DATE (THE “RESALE RESTRICTION TERMINATION DATE”) THAT IS [IN THE CASE OF RULE 144A NOTES: SIX
MONTHS AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE ISSUANCE OF ANY ADDITIONAL NOTES AND
THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY),]
[IN THE CASE OF REGULATION S NOTES: 40 DAYS AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE
ISSUANCE OF ANY ADDITIONAL NOTES AND THE DATE ON WHICH THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) WAS FIRST OFFERED TO
PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN RULE 902 OF REGULATION S) IN RELIANCE ON REGULATION S], ONLY (A) TO THE COMPANY
OR ANY SUBSIDIARY THEREOF, (B) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT,
(C) FOR SO LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”),
TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A THAT PURCHASES FOR
ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE
IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES TO NON-U.S. PERSONS THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE
MEANING OF REGULATION S UNDER THE SECURITIES ACT, (E) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING
OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT THAT IS NOT A QUALIFIED INSTITUTIONAL BUYER AND THAT IS PURCHASING
FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ANOTHER INSTITUTIONAL ACCREDITED INVESTOR, IN EACH CASE IN A MINIMUM PRINCIPAL AMOUNT
OF $250,000 OF SECURITIES OR (F) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES
ACT, SUBJECT TO THE COMPANY’S AND THE TRUSTEE’S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES
(D), (E) OR (F) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/ OR OTHER INFORMATION SATISFACTORY TO EACH
OF THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE HOLDER AFTER THE RESALE RESTRICTION TERMINATION DATE. [IN THE CASE
OF REGULATION S NOTES: BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON NOR IS IT PURCHASING
FOR THE ACCOUNT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER
THE SECURITIES ACT.]


 






    I-5 


     


    

 


BY ITS ACQUISITION
OF THIS SECURITY, THE HOLDER THEREOF WILL BE DEEMED TO HAVE REPRESENTED AND WARRANTED THAT EITHER (1) NO PORTION OF THE ASSETS
USED BY SUCH HOLDER TO ACQUIRE OR HOLD THIS SECURITY (OR ANY INTEREST HEREIN) CONSTITUTES THE ASSETS OF (I) AN “EMPLOYEE
BENEFIT PLAN” WITHIN THE MEANING OF SECTION 3(3) OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED
(“ERISA”) THAT IS SUBJECT TO TITLE I OF ERISA, (II) A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT
IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”) OR PROVISIONS UNDER
ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE
(“SIMILAR LAWS”), OR (III) AN ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE THE ASSETS OF ANY OF THE FOREGOING
DESCRIBED IN CLAUSES (I) AND (II)(EACH OF THE FOREGOING DESCRIBED IN CLAUSES (I), (II) AND (III) REFERRED TO AS A “PLAN”),
OR (2) (A) THE ACQUISITION AND HOLDING OF THIS SECURITY (OR ANY INTEREST HEREIN) WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT
PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR
LAWS AND (B) NEITHER THE ISSUER, AN INITIAL PURCHASER OR ANY OF THEIR RESPECTIVE AFFILIATES WILL BECOME A FIDUCIARY TO THE PLAN
AS A RESULT OF THE PLAN’S INVESTMENT IN THIS SECURITY.”


 


Each Definitive Note
shall bear the following additional legend:


 


“IN CONNECTION
WITH ANY TRANSFER, THE HOLDER SHALL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH CERTIFICATES AND OTHER INFORMATION AS SUCH
TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.”


 


(ii)
Upon any sale or transfer of a Transfer Restricted Note that is a Definitive Note, the Registrar shall permit the Holder thereof
to exchange such Transfer Restricted Note for a Definitive Note that does not bear the legends set forth above and rescind any
restriction on the transfer of such Transfer Restricted Note if the Holder certifies in writing to the Registrar that its request
for such exchange was made in reliance on Rule 144 (such certification to be in the form set forth on the reverse of the
Initial Note).


 


(iii)
After a transfer of any Initial Notes during the period of the effectiveness of a Shelf Registration Statement with respect to
such Initial Note, all requirements pertaining to the Restricted Securities Legend on such Initial Notes shall cease to apply
and the requirements that any such Initial Notes be issued in global form shall continue to apply.


 


(iv)
Upon a sale or transfer after the expiration of the Restricted Period of any Initial Note acquired pursuant to Regulation S, all
requirements that such Initial Note bear the Restricted Securities Legend shall cease to apply and the requirements requiring
any such Initial Note be issued in global form shall continue to apply.


 






    I-6 


     


    

 


(v)
Any Additional Notes sold in a registered offering shall not be required to bear the Restricted Securities Legend.


 


(f) Cancellation
or Adjustment of Global Note. At such time as all beneficial interests in a Global Note have either been exchanged for Definitive
Notes, transferred, redeemed, repurchased or cancelled, such Global Note shall be returned by the Depositary to the Trustee for
cancellation or retained and cancelled by the Trustee. At any time prior to such cancellation, if any beneficial interest in a
Global Note is exchanged for Definitive Notes, transferred in exchange for an interest in another Global Note, redeemed, repurchased
or canceled, the principal amount of Notes represented by such Global Note shall be reduced and an adjustment shall be made on
the books and records of the Trustee (if it is then the Securities Custodian for such Global Note) with respect to such Global
Note, by the Trustee or the Securities Custodian, to reflect such reduction.


 


(g) Obligations
with Respect to Transfers and Exchanges of Notes


 


(i)
To permit registrations of transfers and exchanges, the Company shall execute upon receipt of a written request from the Company
and the Trustee shall authenticate, Definitive Notes and Global Notes at the Registrar’s request.


 


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


 


(iii)
Prior to the due presentation for registration of transfer of any Note, the Company, the Trustee, the Paying Agent or the Registrar
may deem and treat the person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving
payment of principal of, premium, if any, and interest on such Note and for all other purposes whatsoever, whether or not such
Note is overdue, and none of the Company, the Trustee, the Paying Agent or the Registrar shall be affected by notice to the contrary.


 


(iv)
All Notes issued upon any transfer or exchange pursuant to the terms of this Indenture shall evidence the same debt and shall
be entitled to the same benefits under this Indenture as the Notes surrendered upon such transfer or exchange.


 


(h) No Obligation
of the Trustee


 


(i)
The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Note, a member of, or a participant
in the Depositary or any other Person with respect to the accuracy of the records of the Depositary or its nominee or of any participant
or member thereof, with respect to any ownership interest in the Notes or with respect to the delivery to any participant, member,
beneficial owner or other Person (other than the Depositary) of any notice (including any notice of redemption or repurchase)
or the payment of any amount, under or with respect to such Notes. All notices and communications to be given to the Holders and
all payments to be made to Holders under the Notes shall be given or made only to the registered Holders (which shall be the Depositary
or its nominee in the case of a Global Note). The rights of beneficial owners in any Global Note shall be exercised only through
the Depositary subject to the applicable rules and procedures of the Depositary. The Trustee may rely and shall be fully protected
in relying upon information furnished by the Depositary with respect to its members, participants and any beneficial owners.


 


(ii)
The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer
imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers
between or among Depositary participants, members or beneficial owners in any Global Note) other than to require delivery of such
certificates, opinions and other documentation or evidence as are expressly required by, and to do so if and when expressly required
by, the terms of this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements
hereof.


 






    I-7 


     


    

 


2.4 Definitive
Notes.


 


(a) A Global
Note deposited with the Depositary or with the Trustee as Securities Custodian pursuant to Section 2.1 shall be transferred
to the beneficial owners thereof in the form of Definitive Notes in an aggregate principal amount equal to the principal amount
of such Global Note, in exchange for such Global Note, only if such transfer complies with Section 2.3 and (i) the Depositary
notifies the Company that it is unwilling or unable to continue as a Depositary for such Global Note or if at any time the Depositary
ceases to be a “clearing agency” registered under the Exchange Act, and, in either case, a successor depositary is
not appointed by the Company within 120 days of such notice or after the Company becomes aware of such event, or (ii) an
Event of Default has occurred and is continuing or (iii) the Company, in its sole discretion, notifies the Trustee in writing
that it elects to cause the issuance of certificated Notes under this Indenture.


 


(b) Any Global
Note that is transferable to the beneficial owners thereof pursuant to this Section 2.4 shall be surrendered by the Depositary
to the Trustee, to be so transferred, in whole or from time to time in part, without charge, and the Trustee shall, upon written
order of the Company in the form of an Officer’s Certificate, authenticate and deliver, upon such transfer of each portion
of such Global Note, an equal aggregate principal amount of Definitive Notes of authorized denominations. Any portion of a Global
Note transferred pursuant to this Section 2.4 shall be executed, authenticated and delivered only in denominations of $2,000 and
whole multiples of $1,000 thereof and registered in such names as the Depositary shall direct. Any certificated Initial Note in
the form of a Definitive Note delivered in exchange for an interest in the Global Note shall, except as otherwise provided by
Section 2.3(e), bear the Restricted Securities Legend.


 


(c) Subject
to the provisions of Section 2.4(b), the registered Holder of a Global Note may grant proxies and otherwise authorize any
Person, including Agent Members and Persons that may hold interests through Agent Members, to take any action which a Holder is
entitled to take under this Indenture or the Notes.


 


(d) In the
event of the occurrence of any of the events specified in Section 2.4(a)(i), (ii) or (iii), the Company shall promptly make
available to the Trustee a reasonable supply of Definitive Notes in fully registered form without interest coupons.


 




    I-8 


     


    

 


EXHIBIT
A-1


 


[Face
of 2029 Note]


 


[Global Notes
Legend]


 


[THIS NOTE IS A GLOBAL NOTE WITHIN
THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE OF A DEPOSITORY.
THIS NOTE IS EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY OR ITS NOMINEE ONLY IN THE LIMITED
CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITORY
TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY) MAY BE
REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES.


 


UNLESS THIS NOTE IS PRESENTED
BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR
IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. 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, CEDE & CO., HAS AN INTEREST HEREIN.
]


 






    A-1-1 


     


    

 


[Restricted
Securities Legend]


 


[THIS SECURITY HAS NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER
JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED,
ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT
TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR
ACCOUNT FOR WHICH IT HAS PURCHASED SECURITIES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE
RESTRICTION TERMINATION DATE”) THAT IS [IN THE CASE OF RULE 144A NOTES: SIX MONTHS AFTER THE LATER OF THE ORIGINAL ISSUE
DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE ISSUANCE OF ANY ADDITIONAL NOTES AND THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE
OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY),] [IN THE CASE OF REGULATION S NOTES: 40 DAYS
AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE ISSUANCE OF ANY ADDITIONAL NOTES AND THE DATE
ON WHICH THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) WAS FIRST OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED
IN RULE 902 OF REGULATION S) IN RELIANCE ON REGULATION S], ONLY (A) TO THE COMPANY OR ANY SUBSIDIARY THEREOF, (B) PURSUANT TO
A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE SECURITIES ARE ELIGIBLE
FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”), TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED
INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL
BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES TO NON-U.S.
PERSONS THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT, (E) TO AN INSTITUTIONAL
“ACCREDITED INVESTOR” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT THAT IS NOT A
QUALIFIED INSTITUTIONAL BUYER AND THAT IS PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ANOTHER INSTITUTIONAL ACCREDITED
INVESTOR, IN EACH CASE IN A MINIMUM PRINCIPAL AMOUNT OF $250,000 OF SECURITIES OR (F) PURSUANT TO ANOTHER AVAILABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE COMPANY’S AND THE TRUSTEE’S RIGHT PRIOR TO
ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES (D), (E) OR (F) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION
AND/ OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE HOLDER AFTER THE RESALE
RESTRICTION TERMINATION DATE. [IN THE CASE OF REGULATION S NOTES: BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT
IT IS NOT A U.S. PERSON NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION
IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT.]


 


BY ITS ACQUISITION OF THIS SECURITY,
THE HOLDER THEREOF WILL BE DEEMED TO HAVE REPRESENTED AND WARRANTED THAT EITHER (1) NO PORTION OF THE ASSETS USED BY SUCH HOLDER
TO ACQUIRE OR HOLD THIS SECURITY (OR ANY INTEREST HEREIN) CONSTITUTES THE ASSETS OF (I) AN “EMPLOYEE BENEFIT PLAN”
WITHIN THE MEANING OF SECTION 3(3) OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”)
THAT IS SUBJECT TO TITLE I OF ERISA, (II) A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION
4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”) OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE,
LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE (“SIMILAR LAWS”),
OR (III) AN ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE THE ASSETS OF ANY OF THE FOREGOING DESCRIBED IN CLAUSES (I)
AND (II)(EACH OF THE FOREGOING DESCRIBED IN CLAUSES (I), (II) AND (III) REFERRED TO AS A “PLAN”), OR (2) (A) THE ACQUISITION
AND HOLDING OF THIS SECURITY (OR ANY INTEREST HEREIN) WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER
SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR LAWS AND (B) NEITHER THE
ISSUER, AN INITIAL PURCHASER OR ANY OF THEIR RESPECTIVE AFFILIATES WILL BECOME A FIDUCIARY TO THE PLAN AS A RESULT OF THE PLAN’S
INVESTMENT IN THIS SECURITY.]


 




    A-1-2 


     


    

CUSIP/ISIN: [144A: 159864 AG2
/ US159864AG27] [Reg S: U14144 AC0 / USU14144AC07]


 


3.750% Senior
Notes due 2029


 


	No. ___	$____________


 


 


CHARLES
RIVER LABORATORIES INTERNATIONAL, INC.


 


promises to pay to               
or registered assigns,


 


the principal sum of __________________________________________________________
DOLLARS [(or such lesser principal amount as shall be reflected in the books and records of the Trustee and Depository)] on March
15, 2029.


 


Interest Payment Dates: March
15 and September 15


 


Regular Record Dates: March 1
and September 1


 


Dated: _______________, _______


 




    A-1-3 


     


    

 


IN WITNESS WHEREOF, CHARLES RIVER
LABORATORIES INTERNATIONAL, INC. has caused this instrument to be signed manually, electronically or by facsimile by two of its
duly authorized Officers.


 


Date: _______________, _______


 





	 	CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
	 	 	 	 
	 	 	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 
	 	By:	 
	 	 	Name:  	 
	 	 	Title:	 


 





This is one of the 2029 Notes
referred to

in the within-mentioned Indenture:





 


U.S. BANK NATIONAL ASSOCIATION,

as Trustee






	By:  	 	 
	 	Authorized Signatory	 



  


 





    A-1-4 


     


    

 


[Back
of 2029 Note]


3.750%
Senior Notes due 2029


 


Capitalized
terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.


 


(1)Interest.
Charles River Laboratories International, Inc., a Delaware corporation (the “Company”), promises to pay or
cause to be paid interest on the principal amount of this 2029 Note at 3.750% per annum from March 23, 2021 until, but excluding,
maturity. The Company will pay interest, if any, semi-annually in arrears on March 15 and September 15 of each year, or if any
such day is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment Date”); provided
that the first Interest Payment Date will be , 20. Interest on the 2029 Notes will accrue from the most recent date
to which interest has been paid or, if no interest has been paid, from the date of issuance; provided that, if this 2029
Note is authenticated between a record date referred to on the face hereof and the next succeeding Interest Payment Date, interest
shall accrue from such next succeeding Interest Payment Date; provided further that the first Interest Payment Date shall
be , 20. The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on
overdue principal at the otherwise applicable interest rate on the 2029 Notes to the extent lawful; it will pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any
applicable grace period), at the same rate to the extent lawful.


 


Interest
will be computed on the basis of a 360-day year comprised of twelve 30-day months. If any interest payment date, the maturity
date, any redemption date, or any earlier required repurchase date of a note falls on a day that is not a Business Day, the required
payment will be made on the next succeeding Business Day and no interest on such payment will accrue in respect of the delay.


 


(2)       Method
of Payment. The Company will pay interest on the 2029 Notes (except defaulted interest) to the Persons who are registered
Holders of 2029 Notes at 5:00 p.m., New York City time, on the March 1 or September 1 next preceding the Interest Payment Date,
even if such 2029 Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in
Section 2.12 of the Original Indenture with respect to defaulted interest. The Company shall pay the principal of and interest
on any Global Note in immediately available funds to the Depository or its nominee, as the case may be, as the registered Holder
of such Global Note. The Company, through the Paying Agent, shall make all payments of principal, premium, if any, and interest,
with respect to Physical Notes by wire transfer of immediately available funds to the accounts specified by the Holders of the
Physical Notes or, if no such account is specified, by mailing a check to each such Holder’s registered address. Such payment
will be 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.


 


(3)       Paying
Agent and Registrar. Initially, U.S. Bank National Association, the Trustee under the Indenture, will act as Paying
Agent and Registrar. The Company may change the Paying Agent or Registrar without prior notice to the Holders of the 2029 Notes.
The Company or any of its Subsidiaries may act as Paying Agent or Registrar.


 






    A-1-2 


     


    

 


(4)       Indenture.
The Company issued the 2029 Notes under a base indenture dated March 23, 2021, between the Company and the Trustee (the “Original
Indenture”), as supplemented by the First Supplemental Indenture dated as of March 23, 2021 (the “First Supplemental
Indenture,” together with the Original Indenture, the “Indenture”) among the Company, the Guarantors
and the Trustee. The terms of the 2029 Notes include those stated in the Indenture. The 2029 Notes are subject to all such terms,
and Holders are referred to the Indenture for a statement of such terms. To the extent any provision of this 2029 Note conflicts
with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The 2029 Notes
are unsecured obligations of the Company. The Indenture does not limit the aggregate principal amount of 2029 Notes that may be
issued thereunder.


 


(5)       Optional
Redemption.


 


(a)At
any time prior to March 15, 2024, the Company may on any one or more occasions redeem up to 40% of the aggregate principal amount
of 2029 Notes issued under the First Supplemental Indenture (including any Additional 2029 Notes), upon not less than 15 nor more
than 60 days’ notice, at a redemption price equal to 103.750% of the principal amount of the 2029 Notes redeemed, plus accrued
and unpaid interest, to, but not including, the date of redemption (subject to the rights of Holders of 2029 Notes on the relevant
record date to receive interest on the relevant interest payment date), with the net cash proceeds of an Equity Offering by the
Company; provided that:


 


(A)       at
least 60% of the aggregate principal amount of 2029 Notes originally issued under the First Supplemental Indenture (excluding
2029 Notes held by the Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption;
and


 


(B)       the
redemption occurs within 180 days of the date of the closing of such Equity Offering.


 


(b)At
any time prior to March 15, 2024, the Company may on any one or more occasions redeem all or a part of the 2029 Notes at a redemption
price equal to 100% of the principal amount of the 2029 Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid
interest, to, but not including, the date of redemption, subject to the rights of Holders of 2029 Notes on the relevant record
date to receive interest due on the relevant interest payment date.


 


(c)Except
pursuant to the preceding paragraphs, the 2029 Notes will not be redeemable at the Company’s option prior to March 15, 2024.


 


(d)On
or after March 15, 2024, the Company may on any one or more occasions redeem all or a part of the 2029 Notes at the redemption
prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, on the 2029 Notes redeemed,
to, but not including, the applicable date of redemption, if redeemed during the twelve-month period beginning on March 15 of
the years indicated below, subject to the rights of Holders of 2029 Notes on the relevant record date to receive interest on the
relevant interest payment date:


 






    A-1-3 


     


    

 


	Year	Percentage
	2024	101.875%
	2025	100.938%
	2026 and thereafter	100.000%


 


Unless
the Company defaults in the payment of the redemption price, interest will cease to accrue on the 2029 Notes or portions thereof
called for redemption on the applicable redemption date.


 


(6)Mandatory
Redemption; Open market purchases.The Company is not required to make mandatory redemption or sinking fund payments
with respect to the 2029 Notes. The Company may at any time and from time to time acquire 2029 Notes by tender offer, open market
purchases, negotiated transactions or otherwise.


 


(7)       Change
of control. If a Change of Control occurs and is accompanied by a Ratings Event with respect to the 2029 Notes
(together, a “Change of Control Triggering Event”), each Holder of 2029 Notes will have the right to require
the Company to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s
2029 Notes pursuant to an offer by the Company (a “Change of Control Offer”) on the terms set forth in the
Indenture. In the Change of Control Offer, the Company will offer a payment in cash equal to 101% of the aggregate principal amount
of 2029 Notes repurchased, plus accrued and unpaid interest, on the 2029 Notes repurchased to, but not including, the date of
purchase (the “Change of Control Payment”), subject to the rights of Holders of 2029 Notes on the relevant
record date to receive interest due on the relevant interest payment date. Within thirty days following any Change of Control
Triggering Event, the Company will deliver electronically in pdf format or mail a notice to each Holder with a copy to the Trustee
or otherwise in accordance with the procedures of the Depositary describing the transaction or transactions that constitute the
Change of Control Triggering Event and offering to repurchase 2029 Notes on the date specified in the notice, which date will
be no earlier than 30 days and no later than 60 days from the date such notice is mailed or otherwise delivered (a “Change
of Control Payment Date”), pursuant to the procedures required by the Indenture and described in such notice. The Company
will comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder
to the extent those laws and regulations are applicable in connection with the repurchase of the 2029 Notes as a result of a Change
of Control Offer. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control
Offer provisions of the Indenture, the Company will comply with the applicable securities laws and regulations and will not be
deemed to have breached its obligations under the Change of Control Offer provisions of the Indenture by virtue of such compliance.


 


(8)       Notice
of Redemption. At least 15 days but not more than 60 days before a redemption date, the Company will deliver electronically
in pdf format or mail or cause to be mailed, by first class mail, a notice of redemption to each Holder whose 2029 Notes are to
be redeemed at its registered address, except that redemption notices may be mailed more than 60 days prior to a redemption date
if the notice is issued in connection with a defeasance of the 2029 Notes or a satisfaction and discharge of the Indenture pursuant
to Articles 7 or 8 of the First Supplemental Indenture. 2029 Notes and portions of 2029 Notes selected will be in amounts of $2,000
or whole multiples of $1,000 in excess thereof; except that if all of the 2029 Notes of a Holder are to be redeemed or purchased,
the entire outstanding amount of 2029 Notes held by such Holder shall be redeemed or purchased.


 






    A-1-4 


     


    

 


(9)       Denominations,
Transfer, Exchange. The 2029 Notes are in registered form in denominations of $2,000 and integral multiples of $1,000
in excess thereof. The transfer of 2029 Notes may be registered and 2029 Notes may be exchanged as provided in the Indenture.
The Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents
and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Indenture. The Company need
not exchange or register the transfer of any 2029 Note or portion of a 2029 Note selected for redemption, except for the unredeemed
portion of any 2029 Note being redeemed in part. Also, the Company need not exchange or register the transfer of any 2029 Notes
for a period of 15 days before the provision of a notice of redemption of 2029 Notes to be redeemed or during the period between
a record date and the next succeeding Interest Payment Date.


 


(10)       Persons
Deemed Owners. The registered Holder of a 2029 Note may be treated as the owner of it for all purposes. Only registered
Holders have rights under the Indenture.


 


(11)       Amendment,
Supplement and Waiver. The provisions governing amendment, supplement and waiver of any provision of the Indenture,
the 2029 Notes or the 2029 Note Guarantees are set forth in Article 10 of the First Supplemental Indenture.


 


(12)       Defaults
and Remedies. The Defaults and Event of Default relating to the 2029 Notes are set forth in Section 6.01 of the First
Supplemental Indenture.


 


(13)       Trustee
Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from,
and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were
not the Trustee.


 


(14)       No
Recourse Against Others. No director, officer, employee, incorporator or stockholder of the Company or any Guarantor,
as such, will have any liability for any obligations of the Company or the Guarantors under the 2029 Notes, the Indenture, the
related Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder
of 2029 Notes by accepting a 2029 Note waives and releases all such liability. The waiver and release are part of the consideration
for issuance of the 2029 Notes.


 


(15)       Authentication.
This 2029 Note will not be valid until authenticated by the manual signature of the Trustee or an authenticating agent.


 


(16)       Abbreviations.
Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (=
tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian),
and U/G/M/A (= Uniform Gifts to Minors Act).


 


(17)       CUSIP
Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the
Company has caused CUSIP numbers to be printed on the 2029 Notes, and the Trustee may use CUSIP numbers in notices of redemption
as a convenience to Holders. No representation is made as to the accuracy of such numbers either as printed on the 2029 Notes
or as contained in any notice of redemption, and reliance may be placed only on the other identification numbers placed thereon.


 






    A-1-5 


     


    

 


(18)       GOVERNING
LAW. THE INDENTURE, EACH OF THE 2029 NOTES, EACH OF THE RELATED NOTE GUARANTEES AND ANY CLAIM, CONTROVERSY OR DISPUTE
ARISING UNDER OR RELATED TO THE INDENTURE, EACH OF THE 2029 NOTES AND EACH OF THE RELATED NOTE GUARANTEES SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.


 




    A-1-6 


     


    

 


Assignment
Form


 


To assign
this 2029 Note, fill in the form below:


 





	(I) or (we) assign and transfer
this 2029 Note to:   	 
	 	(Insert assignee’s
legal name)



 


 


 


(Insert assignee’s
soc. sec. or tax I.D. no.)


 


 


 


 


 


 


 


 


 


(Print or
type assignee’s name, address and zip code)


 





	and irrevocably appoint   	 



 




to transfer this 2029 Note on the books of the Company. The agent may substitute another to act for him.


 


 


Date: _______________


 





	 	Your Signature:  	 
	 	 	(Sign
exactly as your name appears on the face of this 2029 Note)



 





 





 


Signature Guarantee*: _________________________


 


*       Participant
in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).


 




    A-1-7 


     


    

 


CERTIFICATE
TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFER RESTRICTED SECURITIES


 


This certificate relates to $_________
principal amount of Notes held in (check applicable space) ____ book-entry or _____ definitive form by the undersigned.


 


The undersigned (check one box
below):


 


		�	has
                                         requested the Trustee by written order to deliver in exchange for its beneficial interest
                                         in the Global Note held by the Depositary a Note or Notes in definitive, registered form
                                         of authorized denominations and an aggregate principal amount equal to its beneficial
                                         interest in such Global Note (or the portion thereof indicated above);



 


		�	has
                                         requested the Trustee by written order to exchange or register the transfer of a Note
                                         or Notes.



 


In connection with any transfer
of any of the Notes evidenced by this certificate by a Person who is not an affiliate of the Company occurring prior to the expiration
of the period referred to in the last sentence of Rule 144(b)(1)(i) under the Securities Act, the undersigned confirms that
such Notes are being transferred in accordance with its terms:


 


CHECK ONE BOX BELOW


 


		(1)	�	to the Company; or



 


		(2)	�	to the Registrar for registration in the name of the Holder, without transfer; or



 


		(3)	�	pursuant to an effective registration statement under the Securities Act of 1933; or



 


		(4)	�	inside the United States to a “qualified institutional buyer” (as defined in Rule 144A
under the Securities Act of 1933) that purchases for its own account or for the account of a qualified institutional buyer to
whom notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with
Rule 144A under the Securities Act of 1933; or



 


		(5)	�	outside the United States in an offshore transaction within the meaning of Regulation S under
the Securities Act in compliance with Rule 903 or Rule 904 under the Securities Act of 1933 and such Note shall be held immediately
after the transfer through Euroclear or Clearstream until the expiration of the Restricted Period (as defined in the Indenture);
or



 


		(6)	�	pursuant to the exemption provided by Rule 144 under the Securities Act of 1933; or



 


		(7)	�	in accordance with another exemption from the registration requirements of the Securities Act of
1933 (and based upon an opinion of counsel acceptable to the Company, if the Company so requests).



 






    A-1-8 


     


    

 


Unless one of the boxes
is checked, the Trustee shall refuse to register any of the Notes evidenced by this certificate in the name of any Person other
than the registered Holder thereof; provided, however, that if box (5), (6) or (7) is checked, the Trustee
may require, prior to registering any such transfer of the Notes, such legal opinions, certifications and other information as
the Company has reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act of 1933.


 


 


	 	 	 
	 	 	Your Signature
	Signature Guarantee:	 	 
	Date: 	 	 	 
	Signature must be guaranteed

    by a participant in a

    recognized signature guaranty

    medallion program or other

    signature guarantor acceptable

    to the Trustee	 	Signature of Signature

    Guarantee
	 


 


TO BE COMPLETED
BY PURCHASER IF (4) ABOVE IS CHECKED.


 


The undersigned
represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises sole
investment discretion and that it and any such account is a “qualified institutional buyer” within the meaning of
Rule 144A under the Securities Act of 1933, and is aware that the sale to it is being made in reliance on Rule 144A
and acknowledges that it has received such information regarding the Company and the Guarantors as the undersigned has requested
pursuant to Rule 144A or has determined not to request such information and that it is aware that the transferor is relying
upon the undersigned’s foregoing representations in order to claim the exemption from registration provided by Rule 144A.


 


	Dated: 	 	 	 
	 	 	NOTICE: To be executed
    by an executive officer


 



    A-1-9 


     


    

 


Option
of Holder to Elect Purchase


 


If you want
to elect to have this Note purchased by the Company pursuant to Section 4.04 of the First Supplemental Indenture, check the box
below:


 


ÿ
Section 4.04


 


If you want
to elect to have only part of the Note purchased by the Company pursuant to Section Section 4.04 of the Indenture, state the amount
you elect to have purchased:


 


$_______________


 


Date: _______________


 





	Your Signature:   	 
	 	(Sign
        exactly as your name appears on the face of this Note)


	 	 
	Tax Identification No.:   	 
	 	 



 


 


Signature Guarantee*: _________________________


 


*       Participant
in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).


 




    A-1-10 


     


    

 


SCHEDULE
A


 


EXCHANGES
OF INTERESTS IN THE GLOBAL NOTE***


 


The following
exchanges of a part of this Global Note for an interest in another Global Note or for a Definitive Note, or exchanges of a part
of another Global Note or Definitive Note for an interest in this Global Note, have been made:


 


	Date
        of Exchange

         
	Amount
        of decrease in Amount of this Global Note

         
	Amount
        of increase in Principal Amount of this Global Note

         
	Principal
        Amount of this Global Note following such decrease (or increase)

         
	Signature
        of authorized Trustee or Note Custodian

         

	 	 	 	 	 
	 	 	 	 	 
	*** This Schedule should be included only if the Note is issued in global form.

                                                                                 





    A-1-11 


     


    

 


EXHIBIT
A-2


 


[Face
of 2031 Note]


 


[Global Notes
Legend]


 


[THIS NOTE IS A GLOBAL NOTE WITHIN
THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE OF A DEPOSITORY.
THIS NOTE IS EXCHANGEABLE FOR NOTES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITORY OR ITS NOMINEE ONLY IN THE LIMITED
CIRCUMSTANCES DESCRIBED IN THE INDENTURE, AND NO TRANSFER OF THIS NOTE (OTHER THAN A TRANSFER OF THIS NOTE AS A WHOLE BY THE DEPOSITORY
TO A NOMINEE OF THE DEPOSITORY OR BY A NOMINEE OF THE DEPOSITORY TO THE DEPOSITORY OR ANOTHER NOMINEE OF THE DEPOSITORY) MAY BE
REGISTERED EXCEPT IN LIMITED CIRCUMSTANCES.


 


UNLESS THIS NOTE IS PRESENTED
BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR
IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. 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, CEDE & CO., HAS AN INTEREST HEREIN.
]


 






    A-2-1 


     


    

 


[Restricted
Securities Legend]


 


[THIS SECURITY HAS NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER
JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED,
ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT
TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR
ACCOUNT FOR WHICH IT HAS PURCHASED SECURITIES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE
RESTRICTION TERMINATION DATE”) THAT IS [IN THE CASE OF RULE 144A NOTES: SIX MONTHS AFTER THE LATER OF THE ORIGINAL ISSUE
DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE ISSUANCE OF ANY ADDITIONAL NOTES AND THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE
OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY),] [IN THE CASE OF REGULATION S NOTES: 40 DAYS
AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE ISSUANCE OF ANY ADDITIONAL NOTES AND THE DATE
ON WHICH THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) WAS FIRST OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED
IN RULE 902 OF REGULATION S) IN RELIANCE ON REGULATION S], ONLY (A) TO THE COMPANY OR ANY SUBSIDIARY THEREOF, (B) PURSUANT TO
A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE SECURITIES ARE ELIGIBLE
FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”), TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED
INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL
BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES TO NON-U.S.
PERSONS THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT, (E) TO AN INSTITUTIONAL
“ACCREDITED INVESTOR” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT THAT IS NOT A
QUALIFIED INSTITUTIONAL BUYER AND THAT IS PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ANOTHER INSTITUTIONAL ACCREDITED
INVESTOR, IN EACH CASE IN A MINIMUM PRINCIPAL AMOUNT OF $250,000 OF SECURITIES OR (F) PURSUANT TO ANOTHER AVAILABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE COMPANY’S AND THE TRUSTEE’S RIGHT PRIOR TO
ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES (D), (E) OR (F) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION
AND/ OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF THE HOLDER AFTER THE RESALE
RESTRICTION TERMINATION DATE. [IN THE CASE OF REGULATION S NOTES: BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT
IT IS NOT A U.S. PERSON NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION
IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT.]


 


BY ITS ACQUISITION OF THIS SECURITY,
THE HOLDER THEREOF WILL BE DEEMED TO HAVE REPRESENTED AND WARRANTED THAT EITHER (1) NO PORTION OF THE ASSETS USED BY SUCH HOLDER
TO ACQUIRE OR HOLD THIS SECURITY (OR ANY INTEREST HEREIN) CONSTITUTES THE ASSETS OF (I) AN “EMPLOYEE BENEFIT PLAN”
WITHIN THE MEANING OF SECTION 3(3) OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”)
THAT IS SUBJECT TO TITLE I OF ERISA, (II) A PLAN, INDIVIDUAL RETIREMENT ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION
4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”) OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE,
LOCAL, NON-U.S. OR OTHER LAWS OR REGULATIONS THAT ARE SIMILAR TO SUCH PROVISIONS OF ERISA OR THE CODE (“SIMILAR LAWS”),
OR (III) AN ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE THE ASSETS OF ANY OF THE FOREGOING DESCRIBED IN CLAUSES (I)
AND (II)(EACH OF THE FOREGOING DESCRIBED IN CLAUSES (I), (II) AND (III) REFERRED TO AS A “PLAN”), OR (2) (A) THE ACQUISITION
AND HOLDING OF THIS SECURITY (OR ANY INTEREST HEREIN) WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER
SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION UNDER ANY APPLICABLE SIMILAR LAWS AND (B) NEITHER THE
ISSUER, AN INITIAL PURCHASER OR ANY OF THEIR RESPECTIVE AFFILIATES WILL BECOME A FIDUCIARY TO THE PLAN AS A RESULT OF THE PLAN’S
INVESTMENT IN THIS SECURITY.]


 




    A-2-2 


     


    

 


CUSIP/ISIN: [144A: 159864 AJ6
/ US159864AJ65] [Reg S: U14144 AD8 / USU14144AD89]


 


4.000% Senior
Notes due 2031


 


 


	No. ___	$____________





 


CHARLES
RIVER LABORATORIES INTERNATIONAL, INC.


 


promises to pay to               
or registered assigns,


 


the principal sum of __________________________________________________________
DOLLARS [(or such lesser principal amount as shall be reflected in the books and records of the Trustee and Depository)] on March
15, 2031.


 


Interest Payment Dates: March
15 and September 15


 


Regular Record Dates: March 1
and September 1


 


Dated: _______________, _______


 




    A-2-3 


     


    

 


IN WITNESS WHEREOF, CHARLES RIVER
LABORATORIES INTERNATIONAL, INC. has caused this instrument to be signed manually, electronically or by facsimile by two of its
duly authorized Officers.


 


Date: _______________, _______


 





	 	CHARLES RIVER LABORATORIES
INTERNATIONAL, INC.
	 	 	 	 
	 	 	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 
	 	By:	 
	 	 	Name:  	 
	 	 	Title:	 


 





This is one of the 2031 Notes
referred to

in the within-mentioned Indenture:





 


U.S. BANK NATIONAL ASSOCIATION,

as Trustee



 





	By:  	 	 
	 	Authorized Signatory	 




 


 





    A-2-4 


     


    

 


[Back
of 2031 Note]


4.000%
Senior Notes due 2031


 


Capitalized
terms used herein have the meanings assigned to them in the Indenture referred to below unless otherwise indicated.


 


(1)Interest.
Charles River Laboratories International, Inc., a Delaware corporation (the “Company”), promises to pay or
cause to be paid interest on the principal amount of this 2031 Note at 4.000% per annum from March 23, 2021 until, but excluding,
maturity. The Company will pay interest, if any, semi-annually in arrears on March 15 and September 15 of each year, or if any
such day is not a Business Day, on the next succeeding Business Day (each, an “Interest Payment Date”); provided
that the first Interest Payment Date will be , 20. Interest on the 2031 Notes will accrue from the most recent date
to which interest has been paid or, if no interest has been paid, from the date of issuance; provided that, if this 2031
Note is authenticated between a record date referred to on the face hereof and the next succeeding Interest Payment Date, interest
shall accrue from such next succeeding Interest Payment Date; provided further that the first Interest Payment Date shall
be , 20. The Company will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on
overdue principal at the otherwise applicable interest rate on the 2031 Notes to the extent lawful; it will pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest (without regard to any
applicable grace period), at the same rate to the extent lawful.


 


Interest
will be computed on the basis of a 360-day year comprised of twelve 30-day months. If any interest payment date, the maturity
date, any redemption date, or any earlier required repurchase date of a note falls on a day that is not a Business Day, the required
payment will be made on the next succeeding Business Day and no interest on such payment will accrue in respect of the delay.


 


(2)       Method
of Payment. The Company will pay interest on the 2031 Notes (except defaulted interest) to the Persons who are registered
Holders of 2031 Notes at 5:00 p.m., New York City time, on the March 1 or September 1 next preceding the Interest Payment Date,
even if such 2031 Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in
Section 2.12 of the Original Indenture with respect to defaulted interest. The Company shall pay the principal of and interest
on any Global Note in immediately available funds to the Depository or its nominee, as the case may be, as the registered Holder
of such Global Note. The Company, through the Paying Agent, shall make all payments of principal, premium, if any, and interest,
with respect to Physical Notes by wire transfer of immediately available funds to the accounts specified by the Holders of the
Physical Notes or, if no such account is specified, by mailing a check to each such Holder’s registered address. Such payment
will be 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.


 


(3)       Paying
Agent and Registrar. Initially, U.S. Bank National Association, the Trustee under the Indenture, will act as Paying
Agent and Registrar. The Company may change the Paying Agent or Registrar without prior notice to the Holders of the 2031 Notes.
The Company or any of its Subsidiaries may act as Paying Agent or Registrar.


 






    A-2-5 


     


    

 


(4)       Indenture.
The Company issued the 2031 Notes under a base indenture dated March 23, 2021, between the Company and the Trustee (the “Original
Indenture”), as supplemented by the First Supplemental Indenture dated as of March 23, 2021 (the “First Supplemental
Indenture,” together with the Original Indenture, the “Indenture”) among the Company, the Guarantors
and the Trustee. The terms of the 2031 Notes include those stated in the Indenture. The 2031 Notes are subject to all such terms,
and Holders are referred to the Indenture for a statement of such terms. To the extent any provision of this 2031 Note conflicts
with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling. The 2031 Notes
are unsecured obligations of the Company. The Indenture does not limit the aggregate principal amount of 2031 Notes that may be
issued thereunder.


 


(5)       Optional
Redemption.


 


(a)At
any time prior to March 15, 2024, the Company may on any one or more occasions redeem up to 40% of the aggregate principal amount
of 2031 Notes issued under the First Supplemental Indenture (including any Additional 2031 Notes), upon not less than 15 nor more
than 60 days’ notice, at a redemption price equal to 104.000% of the principal amount of the 2031 Notes redeemed, plus accrued
and unpaid interest, to, but not including, the date of redemption (subject to the rights of Holders of 2031 Notes on the relevant
record date to receive interest on the relevant interest payment date), with the net cash proceeds of an Equity Offering by the
Company; provided that:


 


(A)       at
least 60% of the aggregate principal amount of 2031 Notes originally issued under the First Supplemental Indenture (excluding
2031 Notes held by the Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption;
and


 


(B)       the
redemption occurs within 180 days of the date of the closing of such Equity Offering.


 


(b)At
any time prior to March 15, 2026, the Company may on any one or more occasions redeem all or a part of the 2031 Notes at a redemption
price equal to 100% of the principal amount of the 2031 Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid
interest, to, but not including, the date of redemption, subject to the rights of Holders of 2031 Notes on the relevant record
date to receive interest due on the relevant interest payment date.


 


(c)Except
pursuant to the preceding paragraphs, the 2031 Notes will not be redeemable at the Company’s option prior to March 15, 2026.


 


(d)On
or after March 15, 2026, the Company may on any one or more occasions redeem all or a part of the 2031 Notes at the redemption
prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, on the 2031 Notes redeemed,
to, but not including, the applicable date of redemption, if redeemed during the twelve-month period beginning on March 15 of
the years indicated below, subject to the rights of Holders of 2031 Notes on the relevant record date to receive interest on the
relevant interest payment date:


 






    A-2-6 


     


    




 


	Year	Percentage
	2026	102.000%
	2027	101.333%
	2028	100.667%
	2029 and thereafter	100.000%


 


Unless
the Company defaults in the payment of the redemption price, interest will cease to accrue on the 2031 Notes or portions thereof
called for redemption on the applicable redemption date.


 


(6)Mandatory
Redemption; Open market purchases.The Company is not required to make mandatory redemption or sinking fund payments
with respect to the 2031 Notes. The Company may at any time and from time to time acquire 2031 Notes by tender offer, open market
purchases, negotiated transactions or otherwise.


 


(7)       Change
of control. If a Change of Control occurs and is accompanied by a Ratings Event with respect to the 2031 Notes
(together, a “Change of Control Triggering Event”), each Holder of 2031 Notes will have the right to require
the Company to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s
2031 Notes pursuant to an offer by the Company (a “Change of Control Offer”) on the terms set forth in the
Indenture. In the Change of Control Offer, the Company will offer a payment in cash equal to 101% of the aggregate principal amount
of 2031 Notes repurchased, plus accrued and unpaid interest, on the 2031 Notes repurchased to, but not including, the date of
purchase (the “Change of Control Payment”), subject to the rights of Holders of 2031 Notes on the relevant
record date to receive interest due on the relevant interest payment date. Within thirty days following any Change of Control
Triggering Event, the Company will deliver electronically in pdf format or mail a notice to each Holder with a copy to the Trustee
or otherwise in accordance with the procedures of the Depositary describing the transaction or transactions that constitute the
Change of Control Triggering Event and offering to repurchase 2031 Notes on the date specified in the notice, which date will
be no earlier than 30 days and no later than 60 days from the date such notice is mailed or otherwise delivered (a “Change
of Control Payment Date”), pursuant to the procedures required by the Indenture and described in such notice. The Company
will comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder
to the extent those laws and regulations are applicable in connection with the repurchase of the 2031 Notes as a result of a Change
of Control Offer. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control
Offer provisions of the Indenture, the Company will comply with the applicable securities laws and regulations and will not be
deemed to have breached its obligations under the Change of Control Offer provisions of the Indenture by virtue of such compliance.


 


(8)       Notice
of Redemption. At least 15 days but not more than 60 days before a redemption date, the Company will deliver electronically
in pdf format or mail or cause to be mailed, by first class mail, a notice of redemption to each Holder whose 2031 Notes are to
be redeemed at its registered address, except that redemption notices may be mailed more than 60 days prior to a redemption date
if the notice is issued in connection with a defeasance of the 2031 Notes or a satisfaction and discharge of the Indenture pursuant
to Articles 7 or 8 of the First Supplemental Indenture. 2031 Notes and portions of 2031 Notes selected will be in amounts of $2,000
or whole multiples of $1,000 in excess thereof; except that if all of the 2031 Notes of a Holder are to be redeemed or purchased,
the entire outstanding amount of 2031 Notes held by such Holder shall be redeemed or purchased.


 






    A-2-7 


     


    

 


(9)       Denominations,
Transfer, Exchange. The 2031 Notes are in registered form in denominations of $2,000 and integral multiples of $1,000
in excess thereof. The transfer of 2031 Notes may be registered and 2031 Notes may be exchanged as provided in the Indenture.
The Registrar and the Trustee may require a Holder, among other things, to furnish appropriate endorsements and transfer documents
and the Company may require a Holder to pay any taxes and fees required by law or permitted by the Indenture. The Company need
not exchange or register the transfer of any 2031 Note or portion of a 2031 Note selected for redemption, except for the unredeemed
portion of any 2031 Note being redeemed in part. Also, the Company need not exchange or register the transfer of any 2031 Notes
for a period of 15 days before the provision of a notice of redemption of 2031 Notes to be redeemed or during the period between
a record date and the next succeeding Interest Payment Date.


 


(10)       Persons
Deemed Owners. The registered Holder of a 2031 Note may be treated as the owner of it for all purposes. Only registered
Holders have rights under the Indenture.


 


(11)       Amendment,
Supplement and Waiver. The provisions governing amendment, supplement and waiver of any provision of the Indenture,
the 2031 Notes or the 2031 Note Guarantees are set forth in Article 10 of the First Supplemental Indenture.


 


(12)       Defaults
and Remedies. The Defaults and Event of Default relating to the 2031 Notes are set forth in Section 6.01 of the First
Supplemental Indenture.


 


(13)       Trustee
Dealings with Company. The Trustee, in its individual or any other capacity, may make loans to, accept deposits from,
and perform services for the Company or its Affiliates, and may otherwise deal with the Company or its Affiliates, as if it were
not the Trustee.


 


(14)       No
Recourse Against Others. No director, officer, employee, incorporator or stockholder of the Company or any Guarantor,
as such, will have any liability for any obligations of the Company or the Guarantors under the 2031 Notes, the Indenture, the
related Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder
of 2031 Notes by accepting a 2031 Note waives and releases all such liability. The waiver and release are part of the consideration
for issuance of the 2031 Notes.


 


(15)       Authentication.
This 2031 Note will not be valid until authenticated by the manual signature of the Trustee or an authenticating agent.


 


(16)       Abbreviations.
Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (=
tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian),
and U/G/M/A (= Uniform Gifts to Minors Act).


 


(17)       CUSIP
Numbers. Pursuant to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the
Company has caused CUSIP numbers to be printed on the 2031 Notes, and the Trustee may use CUSIP numbers in notices of redemption
as a convenience to Holders. No representation is made as to the accuracy of such numbers either as printed on the 2031 Notes
or as contained in any notice of redemption, and reliance may be placed only on the other identification numbers placed thereon.


 






    A-2-8 


     


    

 


(18)       GOVERNING
LAW. THE INDENTURE, EACH OF THE 2031 NOTES, EACH OF THE RELATED NOTE GUARANTEES AND ANY CLAIM, CONTROVERSY OR DISPUTE
ARISING UNDER OR RELATED TO THE INDENTURE, EACH OF THE 2031 NOTES AND EACH OF THE RELATED NOTE GUARANTEES SHALL BE GOVERNED BY,
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.


 




    A-2-9 


     


    

 


Assignment
Form


 


To assign
this 2031 Note, fill in the form below:


 








	(I) or (we) assign and transfer
this 2031 Note to:   	 
	 	(Insert assignee’s
legal name)



 


 


 


(Insert assignee’s
soc. sec. or tax I.D. no.)


 


 


 


 


 


 


 


 


 


(Print or
type assignee’s name, address and zip code)


 





	and irrevocably appoint   	 



 




to transfer this 2031 Note on the books of the Company. The agent may substitute another to act for him.


 


 


Date: _______________


 





	 	Your Signature:  	 
	 	 	(Sign
exactly as your name appears on the face of this 2031 Note)



 





 





Signature Guarantee*: _________________________


 


*       Participant
in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).


 




    A-2-10 


     


    

 


CERTIFICATE
TO BE DELIVERED UPON EXCHANGE OR REGISTRATION OF TRANSFER RESTRICTED SECURITIES


 


This certificate relates to $_________
principal amount of Notes held in (check applicable space) ____ book-entry or _____ definitive form by the undersigned.


 


The undersigned (check one box
below):


 


		�	has
                                         requested the Trustee by written order to deliver in exchange for its beneficial interest
                                         in the Global Note held by the Depositary a Note or Notes in definitive, registered form
                                         of authorized denominations and an aggregate principal amount equal to its beneficial
                                         interest in such Global Note (or the portion thereof indicated above);



 


		�	has
                                         requested the Trustee by written order to exchange or register the transfer of a Note
                                         or Notes.



 


In connection with any transfer
of any of the Notes evidenced by this certificate by a Person who is not an affiliate of the Company occurring prior to the expiration
of the period referred to in the last sentence of Rule 144(b)(1)(i) under the Securities Act, the undersigned confirms that
such Notes are being transferred in accordance with its terms:


 


CHECK ONE BOX BELOW


 


		(1)	�	to the Company; or



 


		(2)	�	to the Registrar for registration in the name of the Holder, without transfer; or



 


		(3)	�	pursuant to an effective registration statement under the Securities Act of 1933; or



 


		(4)	�	inside the United States to a “qualified institutional buyer” (as defined in Rule 144A
under the Securities Act of 1933) that purchases for its own account or for the account of a qualified institutional buyer to
whom notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with
Rule 144A under the Securities Act of 1933; or



 


		(5)	�	outside the United States in an offshore transaction within the meaning of Regulation S under
the Securities Act in compliance with Rule 903 or Rule 904 under the Securities Act of 1933 and such Note shall be held immediately
after the transfer through Euroclear or Clearstream until the expiration of the Restricted Period (as defined in the Indenture);
or



 


		(6)	�	pursuant to the exemption provided by Rule 144 under the Securities Act of 1933; or



 


		(7)	�	in accordance with another exemption from the registration requirements of the Securities Act of
1933 (and based upon an opinion of counsel acceptable to the Company, if the Company so requests).



 






    A-2-11 


     


    

 


Unless one of the boxes
is checked, the Trustee shall refuse to register any of the Notes evidenced by this certificate in the name of any Person other
than the registered Holder thereof; provided, however, that if box (5), (6) or (7) is checked, the Trustee
may require, prior to registering any such transfer of the Notes, such legal opinions, certifications and other information as
the Company has reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act of 1933.


 


 





	 	 	 
	 	 	Your Signature
	Signature Guarantee:	 	 
	Date: 	 	 	 
	Signature must be guaranteed

    by a participant in a

    recognized signature guaranty

    medallion program or other

    signature guarantor acceptable

    to the Trustee	 	Signature of Signature

    Guarantee
	 


 


TO BE COMPLETED
BY PURCHASER IF (4) ABOVE IS CHECKED.


 


The undersigned
represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises sole
investment discretion and that it and any such account is a “qualified institutional buyer” within the meaning of
Rule 144A under the Securities Act of 1933, and is aware that the sale to it is being made in reliance on Rule 144A
and acknowledges that it has received such information regarding the Company and the Guarantors as the undersigned has requested
pursuant to Rule 144A or has determined not to request such information and that it is aware that the transferor is relying
upon the undersigned’s foregoing representations in order to claim the exemption from registration provided by Rule 144A.


 





	Dated: 	 	 	 
	 	 	NOTICE: To be executed
    by an executive officer


 




    A-2-12 


     


    

 


Option
of Holder to Elect Purchase


 


If you want
to elect to have this Note purchased by the Company pursuant to Section 4.04 of the First Supplemental Indenture, check the box
below:


 


ÿ
Section 4.04


 


If you want
to elect to have only part of the Note purchased by the Company pursuant to Section Section 4.04 of the Indenture, state the amount
you elect to have purchased:


 


$_______________


 


Date: _______________


 





	Your Signature:   	 
	 	(Sign
        exactly as your name appears on the face of this Note)


	 	 
	Tax Identification No.:   	 
	 	 


 


 


Signature Guarantee*: _________________________


 


*       Participant
in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee).


 




    A-2-13 


     


    

SCHEDULE
A


 


EXCHANGES
OF INTERESTS IN THE GLOBAL NOTE***


 


The following
exchanges of a part of this Global Note for an interest in another Global Note or for a Definitive Note, or exchanges of a part
of another Global Note or Definitive Note for an interest in this Global Note, have been made:


 


	Date
        of Exchange

         
	Amount
        of decrease in Amount of this Global Note

         
	Amount
        of increase in Principal Amount of this Global Note

         
	Principal
        Amount of this Global Note following such decrease (or increase)

         
	Signature
        of authorized Trustee or Note Custodian

         

	 	 	 	 	 
	 	 	 	 	 
	*** This Schedule should be included only if the Note is issued in global form.

                                                                                 





    A-2-14 


     


    

 





EXHIBIT B


 




 


[FORM
OF SUPPLEMENTAL INDENTURE

TO BE DELIVERED BY SUBSEQUENT GUARANTORS]


 


Supplemental
Indenture (this “Supplemental Indenture”), dated as of ________________,
among __________________ (the “Guaranteeing Subsidiary”), a subsidiary of Charles River Laboratories International,
Inc. (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other Guarantors
(as defined in the Indenture referred to herein) and U.S. Bank National Association, as trustee under the Indenture referred to
below (the “Trustee”).


 


W I
T N E S S E T H


 


WHEREAS,
the Company has heretofore executed and delivered to the Trustee an indenture (the “Original Indenture”), dated
as of March 23, 2021 and a First Supplemental Indenture, dated as of March 23, 2021 (the “First Supplemental Indenture”
and, together with the Original Indenture, the “Indenture”) providing for the issuance of 3.750% Senior Notes
due 2029 and 4.000% Senior Notes due 2031 (collectively, the “Notes”);


 


WHEREAS,
the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall execute and deliver to the Trustee a
supplemental indenture pursuant to which the Guaranteeing Subsidiary shall unconditionally guarantee all of the Company’s
Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”);
and


 


WHEREAS,
pursuant to Section 10.01 of the First Supplemental Indenture, the Trustee is authorized to execute and deliver this Supplemental
Indenture without the consent of Holders.


 


NOW, THEREFORE,
in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged,
the Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the
Notes as follows:


 


1.       Capitalized
Terms. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.


 


2.       Agreement
to Guarantee. The Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject
to the conditions set forth in the First Supplemental Indenture including but not limited to Article 9 thereof.


 


4.       No
Recourse Against Others. No director, officer, employee, incorporator or stockholder of the Company or any Guarantor, as
such, will have any liability for any obligations of the Company or the Guarantors under the Notes, the Indenture, the Note Guarantees
or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting
a Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes.


 


5.       NEW
YORK LAW TO GOVERN. THIS SUPPLEMENTAL INDENTURE AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS SUPPLEMENTAL
INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.


 






    B-1 


     


    

 


6.       Counterparts.
The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them
together represent the same agreement. The words “execution,” “signed,” “signature,” “delivery,”
and words of like import in or relating to this Supplemental Indenture or any document to be signed in connection with this Supplemental
Indenture shall be deemed to include electronic signatures (including DocuSign), deliveries or the keeping of records in electronic
form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery
thereof or the use of a paper-based recordkeeping system, as the case may be, and the parties hereto consent to conduct the transactions
contemplated hereunder by electronic means. The Company and the Guarantors agree to assume all risks arising out of the use of
using digital signatures and electronic methods to submit notice and communications to Trustee, including without limitation the
risk of Trustee acting on unauthorized instructions, and the risk of interception and misuse by third parties.


 


Separability
Clause. In case any provision in this Supplemental
Indenture, in any Note or coupon or in any Note Guarantee 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.


 


7.       Effect
of Headings. The Section headings herein are for convenience only and shall not affect the construction hereof.


 


8.       The
Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency
of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by
the Guaranteeing Subsidiary and the Company.


 




    B-2 


     


    

 


IN WITNESS
WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed and attested, all as of the date first
above written.


 


Dated: _______________,


 





	 	CHARLES RIVER LABORATORIES
INTERNATIONAL, INC.
	 	 	 	 
	 	 	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 
	 	 	 	 
	 	[Guaranteeing
Subsidiary]
	 	 	 
	 	By:	 
	 	 	Name:  	 
	 	 	Title:	 


 


	 	U.S. BANK NATIONAL ASSOCIATION,

                    as Trustee

	 	 	 
	 	By:	 
	 	 	Authorized Signatory  
	 	 	 	 




 


 






    B-3